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So I'm on my account page today online and it showed up that I needed to sign up for the next quarter bonus program. I then received the email. Here is what is says:
Thank you for participating in our 5% Cashback Bonus* program. We just wanted to remind you how easy it is to make your money worth More.
Just use your card at gas stations, museums and movies from January 1, 2012 through March 31, 2012 and get 5% Cashback Bonus on up to $1,500 in these purchases. Remember, all your other purchases will earn up to 1% unlimited Cashback Bonus automatically.
So they are matching Chase Freedom!!!!!!!!!!!!!!!!!!!! My new favorite card!!!
I'm happy with the increase but wish they jacked it up a bit more to outshine Chase, maybe $2000? A cashback war would be fun
I agree this is awesome, but I plan to only use my Discover for the 5% categories since they only offer 0.25% on everyday purchases before you hit the $3,000 spending threshold. I plan to keep using my Freedom for their 5% categories (that don't overlap or match with Discover) and my everyday purchases (so I can get the 1% on everything).