@cobaltnv wrote:
Mojavemoon,I love my Discover card :-).The 5% cash back on up $20 or so per quarter is not a max. It is the max you can get at 5%, you still earn .25/.5/1% on all other purchases. You also continue to earn the 5%-20% back on shopdiscover.Cheers
Righto! And I don't even think the $20 is something to scoff at.....especially when you can cash it in for a gift card with a value of $25! And in this day and time, I don't think getting a penny back for every dollar I spend is a bad thing (although for new Discoverites, be aware that you have to pass the $3K threshold to get full 1%).
And I really love the shopdiscover.....just got back $9.95 in rewards from an Old Navy purchase and $25 from a flower purchase (20%!!). Though I'm stockpiling most of my rewards for gift cards, they can also be applied to your bill, so either way you're getting extra discount on your on-line purchases.
I think when you combines the quarterly 5% cash back, the 1% all-the-time cash back and the shopdiscover cash back, you can really rack up some savings! 
@MojaveMoon wrote:
The only thing holding me back from applying for the Discover More card is the low (in my opinion) maximum cash back limit. Sometimes the maximum limit is $ 20 per quarter (5% cash back on up to $ 400) while at other times the limit is $ 40 per quarter (5% cash back on up to $ 800).
Also, another feature/limitation (depending on your point of view) is that the categories for which you can earn 5% cash back change each quarter: (link)
After you've reached your $ 80 or $ 160 maximum cash back for the year, then what you do with the card ? Sockdrawer it until next year ?
For everyday purchases, the cashback rate is tiered:
(link)
* .25% if the purchase is part of your first $1,500 in total annual purchases
* .50% if the purchase is part of your second $1,500 in total annual purchases,
* 1.0% if the purchase is part of your total purchases in excess of $3,000
If a lot of your purchases are online, then I guess you might be able to make use of the "Shop Discover" rewards -- "Get 5% to 20% Cashback Bonus at over 100 retailers": (link)
(link)
When I make a purchase, do I get up to 1% Cashback Bonus in addition to the ShopDiscover offer?
Yes, unless otherwise provided in the offer.
If you spend more than 10k per year, then the AMEX Blue Cash will give you better overall returns, with no limits to keep on guessing about. Look at my returns for the year ended Aug 2008, $633 cash back on around $37k of charges:
@Mark_in_Pasadena wrote:If you spend more than 10k per year, then the AMEX Blue Cash will give you better overall returns, with no limits to keep on guessing about. Look at my returns for the year ended Aug 2008, $633 cash back on around $37k of charges:
Thank you
I really appreciate you taking the time to make and share that summary. I will look into your suggestion.