topic Re: Discover Cash Over Purchase Benefit!! in Credit Cards

Discover Cash Over Purchase Benefit!!

I-think-I-can — Thu, 04 Jun 2015 21:27:37 GMT

Hi everyone!

I was clicking around on my Discover account page and came across this super cool benefit! Evidently you can get up to $120 cash back over your purchase at participating places as often as every 24 hours with no monthly limit! LOL. I only know of one other credit card that will allow cash over purchase at the regular purchase APR and that is the Walmart store card.

I swear Discover is getting more and more awesome by the minute!

Re: Discover Cash Over Purchase Benefit!!

Strogen — Thu, 04 Jun 2015 21:35:40 GMT

This has always been a thing with Discover. And for some time. Nothing new here but its is cool.

I've used it before. Quite convenient.

Re: Discover Cash Over Purchase Benefit!!

kdm31091 — Thu, 04 Jun 2015 21:41:51 GMT

To me, still not something you should use outside of emergency purposes as it is subject to an APR, but it's a convenient feature. Wouldn't get into a habit of using it (unless you're going to pay it off and avoid the APR, of course).

Re: Discover Cash Over Purchase Benefit!!

I-think-I-can — Thu, 04 Jun 2015 21:44:22 GMT

@Strogen wrote:
This has always been a thing with Discover. And for some time. Nothing new here but its is cool.

I've used it before. Quite convenient.

Oh wow! Well I guess I am still learning I have only had my Discover a little over 3 months. Yes, it is a really convenient feature...definitely good to know about!

Re: Discover Cash Over Purchase Benefit!!

I-think-I-can — Thu, 04 Jun 2015 21:46:26 GMT

@kdm31091 wrote:
To me, still not something you should use outside of emergency purposes as it is subject to an APR, but it's a convenient feature. Wouldn't get into a habit of using it (unless you're going to pay it off and avoid the APR, of course).

I agree, definitely a proceed at your own risk type of thing, but a good option to have for sure!

Re: Discover Cash Over Purchase Benefit!!

baller4life — Thu, 04 Jun 2015 21:48:30 GMT

Ha!! Just used mine's today. Saves trip to atm. And I'm still under 0% promo.

Re: Discover Cash Over Purchase Benefit!!

I-think-I-can — Thu, 04 Jun 2015 21:53:26 GMT

@baller4life wrote:
Ha!! Just used mine's today. Saves trip to atm. And I'm still under 0% promo.

LOL! That's the way to do it!!

Re: Discover Cash Over Purchase Benefit!!

Dw4250 — Thu, 04 Jun 2015 23:49:55 GMT

Guessing the normal grace period doesn't apply? Correct?

Re: Discover Cash Over Purchase Benefit!!

Bman70 — Thu, 04 Jun 2015 23:58:53 GMT

Hmm seeing possibilities here lol. But do you get 5% back on it?

Re: Discover Cash Over Purchase Benefit!!

longtime_lurker — Fri, 05 Jun 2015 00:01:37 GMT

@Dw4250 wrote:
Guessing the normal grace period doesn't apply? Correct?

No, it does. Counts as a purchase and explicitly says so in Discover's T&C's. I absolutely love it. I don't carry cash or my debit card even - just have my Discover in my wallet if the need for cash arises.

Re: Discover Cash Over Purchase Benefit!!

CreditJim — Fri, 05 Jun 2015 00:09:57 GMT

So you earn cash back on th cash over, like a purchase? Where can you get the cash over?

Re: Discover Cash Over Purchase Benefit!!

baller4life — Fri, 05 Jun 2015 00:13:21 GMT

No cash back on cashover. You are allowed up to $120 daily. There are a list of stores that offer it. Hang on I will hunt it down.

Re: Discover Cash Over Purchase Benefit!!

JSS3 — Fri, 05 Jun 2015 00:12:54 GMT

No earning cashback on it. The cashover part is listed seperately on your receipt.

Re: Discover Cash Over Purchase Benefit!!

baller4life — Fri, 05 Jun 2015 00:14:46 GMT

https://www.discover.com/credit-cards/member-benefits/cash-over-purchases.html

Re: Discover Cash Over Purchase Benefit!!

Imperfectfuture — Fri, 05 Jun 2015 00:20:33 GMT

@longtime_lurker wrote:
@Dw4250 wrote:
Guessing the normal grace period doesn't apply? Correct?
No, it does. Counts as a purchase and explicitly says so in Discover's T&C's. I absolutely love it. I don't carry cash or my debit card even - just have my Discover in my wallet if the need for cash arises.

Since I don't have my online account yet, which stores is this at (like the 0% thing).

Re: Discover Cash Over Purchase Benefit!!

baller4life — Fri, 05 Jun 2015 00:22:58 GMT

I just posted the list.

Re: Discover Cash Over Purchase Benefit!!

JSS3 — Fri, 05 Jun 2015 00:24:34 GMT

It's perfect to use at my Shoprite that's 10 mins away.

Re: Discover Cash Over Purchase Benefit!!

petejk — Fri, 05 Jun 2015 00:24:37 GMT

Thanks for the store list.

Might not have to carry my ATM card in my wallet now

Re: Discover Cash Over Purchase Benefit!!

Imperfectfuture — Fri, 05 Jun 2015 00:29:09 GMT

@baller4life wrote:
https://www.discover.com/credit-cards/member-benefits/cash-over-purchases.html

I see, wonder if can use at convenience store.

Re: Discover Cash Over Purchase Benefit!!

Anonymous — Fri, 05 Jun 2015 00:33:01 GMT

@Imperfectfuture wrote:
@baller4life wrote:
https://www.discover.com/credit-cards/member-benefits/cash-over-purchases.html
I see, wonder if can use at convenience store.

Apparently some convenience stores - Turkey Hill is listed and they're a convenience store in my area.