One main difference is that Discover tends to release their 5% bonus calendar before the year starts, while Chase tends to release it throughout the year.
Discover Card 5% bonus calendar
The bonus categories are set up nicely with a lot of useful categories.
Q1: Grocery Stores, Walgreens & CVS
Q2: Gas Stations, Uber, Lyft & Wholesale Clubs
Q3: Restaurants & PayPal
Q4: Amazon.com, Walmart.com & Target.com
Specifically, the first quarter bonus of grocery stores is one that can be maximized. Gas stations could prove beneficial for those with long commutes. Restaurant expenses can add up, as well. But, the fourth quarter bonuses at three online retailers right around the holiday season might be the most useful.
Remember, that Discover It cardholders must activate the 5% bonus each quarter before earning the additional cash back. There is also a limit to $75 in cash back each quarter, so be sure to not overspend and potentially miss out on other credit card bonus categories.
As much as I love earning points and miles, there’s real value in earning 5% cash back using the Discover It credit card. My discover card was actually the first card I ever opened. It doesn’t have an annual fee. and I use it to get a 5% cash back bonus for quarterly categories.