Latest Posts
Home > Debt Articles > Credit Card Industry > Reader Tip of the Day: How to Conveniently Maximize Discover’s Bonus Cash Back

Reader Tip of the Day: How to Conveniently Maximize Discover’s Bonus Cash Back

Discover is offering bonus cash back in the fourth quarter for grocery store (and restaurant and movie) purchases. The downside is that they cap this at $400 worth of purchases.

Now, I’m not anal enough to keep track of purchases and switch from one Discover to the next when I’ve reached the cap. So I purchased a $400 gift card at my favorite Albertsons. Next month I will purchase another $400 GC using my other Discover card and in December my wife will use her Discover to buy a $400 Albertsons gift card.

Bingo – maximum cash back with zero under use and zero over use. And by buying the gift cards the day after my statement cuts, maximum time before payment (although I’m going to pay in advance of cut date).

Albertsons also sells other gift cards, so we might be buying our Christmas list gift cards there too.

This tip comes from one of my readers. If you have a tip that you’d like me to pass along, feel free to email me at [email protected] If you want me to give you a tip of the cap (meaning you would like credit for the tip), feel free to include a name that I can use (whether it be a first name or posting ID). I’ll publish these tips as often as I get them, so keep those tips coming. Of course,

Click Here for totally free debt help, advice and answers.

Read the rest here: Reader Tip of the Day: How to Conveniently Maximize Discover’s Bonus Cash Back

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.