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New Discover $500 cashback bonus offer...

Super Contributor

New Discover $500 cashback bonus offer...

Just received a promo in the mail for $500 cashback for spending $3,000/month for the next several (6) months.  Says something about wanting me to switch over some of my spending onto the Discover card.

 

Asks me to call in to enroll.  

 

Anyone gonna take them up on this deal?  (Can't imagine anyone would)

 

 

Message 1 of 13
12 REPLIES
Super Contributor

Re: New Discover $500 cashback bonus offer...

damn that's a nice deal.

Basically a nice discount for $3000 worth of purchase.

I don't have this offer :/

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 2 of 13
Valued Contributor

Re: New Discover $500 cashback bonus offer...


Open123 wrote:

Just received a promo in the mail for $500 cashback for spending $3,000 per month for the next several months.  Says something about wanting me to switch over some of my spending onto the Discover card.

 

Asks me to call in to enroll.  

 

Anyone gonna take them up on this deal?

 


I called to see if I could get this, and they said my account was not eligible...Smiley Sad. Good for you, though!

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Message 3 of 13
Valued Contributor

Re: New Discover $500 cashback bonus offer...

Lucky you! I hope I get this too.

Message 4 of 13
Valued Contributor

Re: New Discover $500 cashback bonus offer...

Did the offer say 3000 per month for so many months, or did it just say spend three thousand in so many months? I've only seen the former offers and recently ignored the one they sent me. It was equal to about 3% cashback, but it is just too much of a hassle. If you miss the spend for even one month you get nothing.

Message 5 of 13
Super Contributor

Re: New Discover $500 cashback bonus offer...


navigatethis12 wrote:

Did the offer say 3000 per month for so many months, or did it just say spend three thousand in so many months? I've only seen the former offers and recently ignored the one they sent me. It was equal to about 3% cashback, but it is just too much of a hassle. If you miss the spend for even one month you get nothing.


Just browsed it when I got home last night, but I think it was $3,000 in the next 6 months.  Like the Citi Forward, I'm assuming it's per month.  I'll look when I get downstairs later and call them to confirm it.

 

Will post back.

Message 6 of 13
Super Contributor

Re: New Discover $500 cashback bonus offer...

Navigatethis12 is right.  

 

It's each calendar month for $3K.  Ah...er...not exactly a good offer!  LOL

 

 

Message 7 of 13
Established Contributor

Re: New Discover $500 cashback bonus offer...

Yea I'll pass on this one....


Starting Score: TU 686 EX 641 EQ 690
Current Score: TU 779 EX 767 EQ 740
Goal Score: 800 Club

BCE $12.5K, 5/3 Sig $10K, Wally Discover 10K, Cash+ $9K Sam's Discover 10K, Freedom $6K, Zales $5.5K, More $5K, Cap one $5K, Barclay 2.5K, Household Plat $1.5K, Household Gold $1.5K, Credit One $1K, First Premier Plat $.675K First Premier Gold $.65K
Message 8 of 13
Super Contributor

Re: New Discover $500 cashback bonus offer...

wait, so spend 3k EACH month for 12 months, to get $600? :/

so 36k worth of spend for $600 essentially?

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 9 of 13
Super Contributor

Re: New Discover $500 cashback bonus offer...


enharu wrote:

wait, so spend 3k EACH month for 12 months, to get $600? :/

so 36k worth of spend for $600 essentially?


Pretty much, except they want $3,000 per month for 6 consecutive months.  Basically, $18K for $500 cashback.  I wouldn't call this as much an "offer" as en masse direct marketing.

 

They should just send this to all of their cardmembers and hope 1 or 2 in 10,000 will bite.

Message 10 of 13