topic Re: Q4 Discover in Credit Cards

Q4 Discover

kdm31091 — Fri, 05 Aug 2016 19:52:39 GMT

Looks lke Q4 has been confirmed on Discover's site. It will be Amazon, Department Stores, and Sam's Club.

Amazon is pretty usual, Department stores they did last year I believe, and Sam's Club is obviously a jab at Freedom, although not as good since Freedom is any wholesale club.

Pretty lackluster for me. Not a big Amazon or department store shopper and no Sam's Club in the area. Hopefully someone else will benefit but my Discover is basically going to be SD. Might be useful for a Christmas gift or two at Kohl's but that's about it

Re: Q4 Discover

SunriseEarth — Fri, 05 Aug 2016 20:02:38 GMT

Eh...I like it better than Q3, but it's still not that exciting.

I already use SallieMae for 5% Sam's Club gas and Amazon, and I use Cash+ for 5% department stores currently. I guess this would give me flexibility to choose another 5% category for Cash+ in Q4. However, it looks as if the 5% on Sam's Club purchases are in-store, not at the pump; the workaround this would be to buy GCs inside and use at the pump, but I already have two other CCs that render that an unnecessary step.

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 20:06:23 GMT

Agreed with you guys. I already SD my Discover for the rest of the year. The only time I will use it if I buy something through Amazon but that is on an occasion.

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 20:07:37 GMT

I'll use it easily on Amazon before Christmas, but only because it is my first year and I get the double bonus. Otherwise I'd just use Amazon Store card.

" Department Storesare defined as retailers selling a wide variety of merchandise, with separate checkout counters in each department." This is not a very clear way to give the information. Do they go in each store and check where the registers are? Kohls does not have separate checkout counters in each department. A list like Amex has would be much more clear.

Re: Q4 Discover

kdm31091 — Fri, 05 Aug 2016 20:12:21 GMT

@Anonymous wrote:
I'll use it easily on Amazon before Christmas, but only because it is my first year and I get the double bonus. Otherwise I'd just use Amazon Store card.

" Department Storesare defined as retailers selling a wide variety of merchandise, with separate checkout counters in each department." This is not a very clear way to give the information. Do they go in each store and check where the registers are? Kohls does not have separate checkout counters in each department. A list like Amex has would be much more clear.

Kohl's has always come up as a department store regardless of which card I use, including Discover, but you're right, their definition is a little odd and nothing is guaranteed

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 20:21:59 GMT

Meh I'll take it. Sallie/Freedom cover Amazon/Sam's but department stores are ok I guess. I tend to shop for others for christmas at department stores and this prevents me from having to use cash+ for department stores (their category is flaky on that front anway). Probably use cash+ for dining 2% and fast food 5% and just use it for exclusive dining in the 4th quarter.

Re: Q4 Discover

SunriseEarth — Fri, 05 Aug 2016 20:30:27 GMT

@kdm31091 wrote:
@Anonymous wrote:
I'll use it easily on Amazon before Christmas, but only because it is my first year and I get the double bonus. Otherwise I'd just use Amazon Store card.

" Department Storesare defined as retailers selling a wide variety of merchandise, with separate checkout counters in each department." This is not a very clear way to give the information. Do they go in each store and check where the registers are? Kohls does not have separate checkout counters in each department. A list like Amex has would be much more clear.
Kohl's has always come up as a department store regardless of which card I use, including Discover, but you're right, their definition is a little odd and nothing is guaranteed

Kohl's is considered a Department Store. Department stores would include stores like Macy's, Nordstrom (also Nordstrom Rack), Bloomingdales, Sears, JCPenney, Dillards, etc. These differ from discount stores (Wal-Mart, Target, Kmart, etc).

Re: Q4 Discover

CreditMagic7 — Fri, 05 Aug 2016 20:46:17 GMT

Thanks for the heads up for Amazon but i already get 5% with the store card as a statement credit.

So what would be the advantage using discover, the 5% returned as cash payout from them?

Sorry if i seem sometimes confused on the differences between various cash back card offers like this.

Also if you already have a Sam's Club MC i suppose that the Discover 5% would be of another benefit?

Re: Q4 Discover

Chickenpotpie — Fri, 05 Aug 2016 21:18:17 GMT

I'm actually loving Discover right now as I practically live at HD and Lowes....lol

Re: Q4 Discover

SunriseEarth — Fri, 05 Aug 2016 21:54:20 GMT

@CreditMagic7 wrote:
Thanks for the heads up for Amazon but i already get 5% with the store card as a statement credit.

So what would be the advantage using discover, the 5% returned as cash payout from them?

Sorry if i seem sometimes confused on the differences between various cash back card offers like this.

Also if you already have a Sam's Club MC i suppose that the Discover 5% would be of another benefit?

Discover has more flexibility in ways you can redeem. Amazon Prime is strictly statement credit; Discover has that, but also includes GCs, direct deposit, Amazon credit, and charitable donation. Also, if you're in the first year of Discover, they double your rewards.

If you have Sam's Club MC, Discover would be better to use in-store for 5% cashback (vs. 1% for Sams Club MC). However, Sam's Club MC would be better to use at the gas pump.

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 22:01:36 GMT

I'm with you Chickenpotpie I think the good folks at HD recognize me.

Amazon is fine by me there is nothing I dislike more than shopping around Xmas time...I would much rather sit back have a beer and wait for the UPS driver to deliver my stuff.

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 22:24:43 GMT

I think it's great that Discover is trying to compete with freedom, although they should have at least included BJ's. I think the category cards are here to stay.

Re: Q4 Discover

UncleB — Fri, 05 Aug 2016 22:28:00 GMT

Thanks for the update on this!

I'm actually pretty stoked... Amazon was of course expected (and is appreciated by me personally) and the dept. stores isn't a great shock, but I must say adding Sam's Club is a nice touch for me.

I don't have significant purchases at Sam's, but once the 4th quarter starts I might have to look a little harder at their selection. I'm the first to admit that you must be careful, but on a handful of items I used to get from Amazon I've actually saved enough to justify my membership fee (without even considering the rewards from their credit card). My local Sam's is next door to Wal-Mart, so it's not out of the way to go there for only a couple of items.

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 22:51:09 GMT

I shop at Sams often - so this is a good thing for me, I shop at Sam's all the time.

Then during the Holidays it will be very helpful as well.

Sweeeet!

Re: Q4 Discover

Anonymous — Fri, 05 Aug 2016 23:30:34 GMT

I buy restaurant gift cards at Sam's Club at 20% off. Discover will take 10% off after that. It's a great deal.