Discover Card 5% Bonus Calendar Released

Discover released the Discover Card 5% bonus calendar for 2020. And while we write about points and miles, earning 5% cash back can still be valuable.

Discover released the 5% bonus calendar for the Discover It card. Uber is a bonus category in the second quarter.
Discover released the 5% bonus calendar for the Discover It card. Uber is a bonus category in the second quarter.

Cardholders of the Discover It Cash Back card can earn a 5% bonus in select categories each quarter. This is similar to the Chase Freedom card which can earn Chase Ultimate Rewards.

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.

Final Thoughts

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.

Additionally, I leave it open because it continues to improve my credit score since it’s my oldest credit account.


Add a Comment

Your email address will not be published. Required fields are marked *