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WM Discover Upgrade but question about cash back?

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chan85
Established Contributor

WM Discover Upgrade but question about cash back?

Just got my new card in the mail. Doubled my credit line on my WM store card from $1500--> $3000! Super excited! Been a good month on credit limit increases with them, JCP, my Capital One cards, and even my 1 month old Old Navy card! Plus I closed my Credit One rebuilder finally! Smiley LOL

 

Anyway, back to the point,  I was reading the phamplet that came with it and it says the 1% cash back is only available when you spend over $3000 in year to date purchases. I have this on my Discover Motiva as well (which I never use since the credit line is $500 after 6 years), so I know about it for that card. Does anyone know if they count the amount spent on my WM card before towrds that $3000? And also, does the 1% apply in Sam's too? On my Motiva I think they said those purchases don't qualify for cash back or count towards my $3000 qualifying spending for the year. That's going to suck, as I really use my card mostly at Sam's in store and for gas, and not Wal-Mart (personal boycott on shopping in store at WM, but I will order online and ship it).

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 1 of 6
5 REPLIES 5
nicholasyud
Valued Contributor

Re: WM Discover Upgrade but question about cash back?

I don't think store card earn any cash back but Dicover WM does........and it's apply for anything.......Someone correct me if I'm wrong but 99% how it's work.

0.25 for 1000 annual 

0.50 for 2000 annual

1% for 3000 annual.

 

you would see it under Walmart Credit Card application pages. There more details about it.

Hope it help

Starting Score: 560
Current Score: ?
Goal Score: 800
Message 2 of 6

Re: WM Discover Upgrade but question about cash back?

The reward percentages will depend on your total spending during a calendar year and will be .25% on total purchases up to $1,500, .50% on total purchases from $1,500.01 to $3,000 and 1% on total purchases over $3,000. A rebate check will be issued each time you accrue $10 in rewards.

Message 3 of 6
jsucool76
Super Contributor

Re: WM Discover Upgrade but question about cash back?

If I understand you correctly you're asking if your YTD spending on your walmart store card before you recieved the upgrade will count towards your cashback spending threshold on your walmart discover? 

 

I don't think so. when you upgrade to a walmart discover account, your initial walmart account is closed, and a new account is opened in your name. I don't think the spending would transfer over to the new account, but I am not entirely sure. GE added a new "Chat Now" feature to their credit card portal for walmart, I would ask them there, or call up. 

Message 4 of 6
chan85
Established Contributor

Re: WM Discover Upgrade but question about cash back?


@jsucool76 wrote:

If I understand you correctly you're asking if your YTD spending on your walmart store card before you recieved the upgrade will count towards your cashback spending threshold on your walmart discover? 

 

I don't think so. when you upgrade to a walmart discover account, your initial walmart account is closed, and a new account is opened in your name. I don't think the spending would transfer over to the new account, but I am not entirely sure. GE added a new "Chat Now" feature to their credit card portal for walmart, I would ask them there, or call up. 


Juscool yes, that was the question lol

 

i knew all the info provided in the other responses and they didn't answer my question, but thanks everyone. ok ill try that chat now feature, i hate calling because i spend most my time explaining how they missinterpreted my question and end up frustrated and hanging up...

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 5 of 6
chan85
Established Contributor

Re: WM Discover Upgrade but question about cash back?


@nicholasyud wrote:

I don't think store card earn any cash back but Dicover WM does........and it's apply for anything.......Someone correct me if I'm wrong but 99% how it's work.

0.25 for 1000 annual 

0.50 for 2000 annual

1% for 3000 annual.

 

you would see it under Walmart Credit Card application pages. There more details about it.

Hope it help


i know the store card doesn't earn cash back, i meant would they transfer my YTD spending on the store card over to the Discover version to count toward the tiers in the cash back rebates.....

Current Debt Management:
$15k Trinity Financial Management (scheduled pay off late 2021)
$10k NFCU
$350/mth Bridgecrest Auto Loan
Goals: Pay off credit card debt & buy a new home before end of 2020

Long Term Debt:
Fed Loans - $150k
Navient - $100k

Taking a "if God don't do it, it won't get done..." approach to paying these off.
Message 6 of 6
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