topic Re: Discover cashback increments requirement gone in Credit Cards

Discover cashback increments requirement gone

Anonymous — Mon, 17 Nov 2014 04:22:42 GMT

I just went to see Discover redeem cashback section, I have less than $50 but it showed me this.

How much Cash do you want to transfer? $ out of $28.85 Available Transfer All

Select Bank AccountYour Direct Deposit will appear in your Bank Account in 72 hours.

This is a great news!

Re: Discover cashback increments requirement gone

Skye12329 — Mon, 17 Nov 2014 04:24:10 GMT

Really? Is this only for bank deposits that the limit has been removed? Because i went on last week to try and do some statement credit and it said since i have less than $50 i cant do statement credit.

Re: Discover cashback increments requirement gone

Anonymous — Mon, 17 Nov 2014 04:25:53 GMT

It seems like you don't need $50 minimum to do statement credit either.

Re: Discover cashback increments requirement gone

Skye12329 — Mon, 17 Nov 2014 04:28:40 GMT

Well thats good to know then, i was a little disappointed when i found out that there was a $50 minimum, since i didnt know that and im so used to Chase with their $25 minimum.

Re: Discover cashback increments requirement gone

eddie84 — Mon, 17 Nov 2014 04:29:06 GMT

This is good news! Thanks for posting.

Re: Discover cashback increments requirement gone

uswala — Mon, 17 Nov 2014 04:34:20 GMT

@Anonymous wrote:
It seems like you don't need $50 minimum to do statement credit either.

+1. I just checked I was able to redeem my $12 dollar for statement credit or direct deposit.

Re: Discover cashback increments requirement gone

-Cal- — Mon, 17 Nov 2014 04:37:26 GMT

I never realized this was a thing, as far as I can remember I've been able to redeem with less than $50. Only been a member for a few months.

Re: Discover cashback increments requirement gone

uswala — Mon, 17 Nov 2014 04:42:20 GMT

@-Cal- wrote:
I never realized this was a thing, as far as I can remember I've been able to redeem with less than $50. Only been a member for a few months.

For me they only allowed once you had $50

Re: Discover cashback increments requirement gone

Anonymous — Mon, 17 Nov 2014 04:44:44 GMT

@-Cal- wrote:
I never realized this was a thing, as far as I can remember I've been able to redeem with less than $50. Only been a member for a few months.

I assume you have Discover IT. Maybe Discover did away with minimum on IT, and decided to expand the relaxed requirement to other members with MORE card...

Re: Discover cashback increments requirement gone

uswala — Mon, 17 Nov 2014 04:46:00 GMT

@Anonymous wrote:
I assume you have Discover IT. Maybe Discover did away with minimum on IT, and decided to expand the relaxed requirement to other members with MORE card...

I have Discover It as well.

Re: Discover cashback increments requirement gone

Skye12329 — Mon, 17 Nov 2014 04:49:34 GMT

@Anonymous wrote:
@-Cal- wrote:
I never realized this was a thing, as far as I can remember I've been able to redeem with less than $50. Only been a member for a few months.
I assume you have Discover IT. Maybe Discover did away with minimum on IT, and decided to expand the relaxed requirement to other members with MORE card...

Well i have the IT card too (3 mos old) and when i tried last week it said no go for me, lemme try again and see what happens.

Edit: well what do you know, this time i was able to redeem my $25 in statement credit no problem

Re: Discover cashback increments requirement gone

Anonymous — Mon, 17 Nov 2014 07:34:38 GMT

Well! It's about darn time!

Re: Discover cashback increments requirement gone

Kenny — Mon, 17 Nov 2014 07:47:53 GMT

awesome!

Re: Discover cashback increments requirement gone

selena — Mon, 17 Nov 2014 07:51:03 GMT

Finally. I had even considered closing my Discover IT because I didn't utilize it enough to earn over $50 to redeem but now that's not an issue.

Re: Discover cashback increments requirement gone

Exonumist — Mon, 17 Nov 2014 11:29:43 GMT

Awesome news! I usually have to wait a long time in between redeeming with them.

Re: Discover cashback increments requirement gone

Ghoshida — Mon, 17 Nov 2014 12:21:57 GMT

Just checked their iPad app. Still says minimum $50 for either statement credit or direct deposit.

Re: Discover cashback increments requirement gone

MACFRME — Mon, 17 Nov 2014 13:06:37 GMT

I think I may be partially responsible for this change. A couple of months ago, I wrote on Discover's Facebook page. I asked them remove the minimum redemption amount, so that I didn't have to wait several months to redeem my cashback bonus. I told them that Chase lets you redeem after $20 and that Capital One does not have a minimum redemption amount. If this is true, then Discover is awesome for listening to me.

Re: Discover cashback increments requirement gone

aubie1kenobie2 — Mon, 17 Nov 2014 13:10:35 GMT

I just logged in to my Discover account and yes, it would let me redeem $28.33 as statement credit! Awesome! Thanks for sharing....I wouldn't have known and waited for several months for it to get to $50.

Re: Discover cashback increments requirement gone

Blodreina — Mon, 17 Nov 2014 13:13:46 GMT

@Ghoshida wrote:
Just checked their iPad app. Still says minimum $50 for either statement credit or direct deposit.

Same for Android; I'm guessing they just need to update the apps. The website now explicitly says that "you need at least a penny to redeem." I'm pretty stoked.

Re: Discover cashback increments requirement gone

MrFlower — Mon, 17 Nov 2014 13:41:50 GMT

LOL..

I redeened $50 on Friday when the limit was still in place... Just went and redemed my remaining $30...