On Monday, Discover announced that it will double cash rewards for new Discover it card members in their first year. Consumers who are eligible and apply for a Discover it credit card between June 1 and July 31, 2015 will automatically earn double the cash back rate.
All you have to do to take advantage of this promotion is use the card as you normally would throughout the year. You’ll redeem your cash back at the card’s usual rate as you go. Then, on your one year anniversary, you will automatically receive a cash back bonus equal to the amount you earned in the past year. Discover also explained that there is no limit on the amount of rewards, and the rewards will never expire.
According to Ryan Scully, the vice president of marketing at Discover, “This is a great way for new cardmembers to test drive Discover and experience the generous rewards and industry-recognized customer service.” Card members also receive free FICO scores on every monthly statement and get access to Freeze It, an on/off switch to prevent new purchases.
The following credit cards are eligible for this promotion:
- Discover it
- Discover it - 18 Month Balance Transfer
- Discover it Chrome
- Discover it for Students
- Discover it Chrome for Students
Source: Discover
