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Did I or discover mess up?

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Fico2Go
Established Contributor

Did I or discover mess up?

Does Discover limit cashback on category spending to $1500 per quarter?  

For some reason I've been getting uncapped cashback spending for two months straight. 

 

 

 

 

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 1 of 47
46 REPLIES 46
mongstradamus
Super Contributor

Re: Did I or discover mess up?

thats nice to get all that cash back :-) i thought they capped at 1500 like freedom, but i could be wrong. 



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Message 2 of 47
yfan
Valued Contributor

Re: Did I or discover mess up?


@Fico2Go wrote:

Does Discover limit cashback on category spending to $1500 per quarter?  

For some reason I've been getting uncapped cashback spending for two months straight.


Discover does limit Cashback on category spending to $1500 per quarter, BUT, there are some things to keep in mind:

 

  • Beyond that $1500, you still continue to earn 1% on everything.
  • If you are using Shop Discover, the bonus cashback from ShopDiscover is unlimited.
Message 3 of 47
Fico2Go
Established Contributor

Re: Did I or discover mess up?


@yfan wrote:

@Fico2Go wrote:

Does Discover limit cashback on category spending to $1500 per quarter?  

For some reason I've been getting uncapped cashback spending for two months straight.


Discover does limit Cashback on category spending to $1500 per quarter, BUT, there are some things to keep in mind:

 

  • Beyond that $1500, you still continue to earn 1% on everything.
  • If you are using Shop Discover, the bonus cashback from ShopDiscover is unlimited.

There must be an error then.  Seems I am getting 5% cashback on all of my purchases at gas stations the past two months.  Hopefullly they won't take back my $500 cashback I earned.  

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 4 of 47
yfan
Valued Contributor

Re: Did I or discover mess up?


@Fico2Go wrote:

There must be an error then.  Seems I am getting 5% cashback on all of my purchases at gas stations the past two months.  Hopefullly they won't take back my $500 cashback I earned.  


You spent 10 grand in gas in 2 months?

Message 5 of 47
Fico2Go
Established Contributor

Re: Did I or discover mess up?


@yfan wrote:

@Fico2Go wrote:

There must be an error then.  Seems I am getting 5% cashback on all of my purchases at gas stations the past two months.  Hopefullly they won't take back my $500 cashback I earned.  


You spent 10 grand in gas in 2 months?


 

No. 

 

But I did make purchases totalling over 10K at gas stations. 

 

 

 

 

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 6 of 47
longtimelurker
Epic Contributor

Re: Did I or discover mess up?


@Fico2Go wrote:

@yfan wrote:

@Fico2Go wrote:

There must be an error then.  Seems I am getting 5% cashback on all of my purchases at gas stations the past two months.  Hopefullly they won't take back my $500 cashback I earned.  


You spent 10 grand in gas in 2 months?


 

No. 

 

But I did make purchases totalling over 10K at gas stations. 

 

 

 

 


Certainly an expensive mistake for them to make!   Make sure you cash out the rewards ASAP, and if they do find the error and give you a negative reward balance, you can decide whether to close the card or not.

 

From a max of $75 per quarter to $500 in two months changes the value proposition of the card quite a lot!

Message 7 of 47
Anonymous
Not applicable

Re: Did I or discover mess up?

Bartender, I'll have what he's having!

Message 8 of 47
Kenny
Moderator Emeritus

Re: Did I or discover mess up?

Message 9 of 47
taxi818
Super Contributor

Re: Did I or discover mess up?


@Fico2Go wrote:

Does Discover limit cashback on category spending to $1500 per quarter?  

For some reason I've been getting uncapped cashback spending for two months straight. 

 

 

 

 


They cap the 5% but even you go over they still give you 1%. 

Message 10 of 47
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