topic Re: Q2 2023 Discover 5% Categories in Credit Cards

Q2 2023 Discover 5% Categories

isik — Wed, 01 Mar 2023 07:06:07 GMT

Discover Q2 2023 5% cashabck categories are restaurants and wholesale clubs:

Another quarter with bad categories for my spending.

Re: Q2 2023 Discover 5% Categories

ptatohed — Wed, 01 Mar 2023 07:15:34 GMT

Rad. Thanks @isik !

Re: Q2 2023 Discover 5% Categories

acreditdummy123 — Wed, 01 Mar 2023 07:45:56 GMT

wholesale club ez pz lol

Re: Q2 2023 Discover 5% Categories

ptatohed — Wed, 01 Mar 2023 08:25:28 GMT

@acreditdummy123 wrote:
wholesale club ez pz lol

I was thinking the opposite. Rest's, 5%, sweet. lol!

Re: Q2 2023 Discover 5% Categories

Yasselife — Wed, 01 Mar 2023 11:08:00 GMT

Restaurants are a basic need for me so this is good news. Thanks @isik

Re: Q2 2023 Discover 5% Categories

Anonymous — Wed, 01 Mar 2023 11:28:29 GMT

@isik wrote:
Discover Q2 2023 5% cashabck categories are restaurants and wholesale clubs:
Another quarter with bad categories for my spending.

I just canceled my 10-year-old Discover IT with a $50k limit because the card offers practically nothing in the way of benefits after the cutbacks they've made over the last few years. I did like the online identity monitoring -- available through the app only at the time I signed up -- but even that was rather weak as it wasn't comprehensive enough to make much of a difference. After I canceled they sent me a snotty note just saying that they had ended that service for me (duh). They sent me another snotty note saying that my checking account that had been registered for autopay was unreachable (because I disconnected it before canceling the card, duh). When I called to cancel the card and told the rep, she reacted as if I had just said I was going to murder a puppy. I always thought Discover's folksy branding was pretty lame. When you reject them they seem to take it personally and start acting like a spurned old crone. Poor Discover, I pity you.

Re: Q2 2023 Discover 5% Categories

JoeRockhead — Wed, 01 Mar 2023 13:04:49 GMT

That wont be a good quarter for me and Disco, haven't stepped foot in a wholesale club in over a decade, but we do take out once a week so at least that's a little something.

Re: Q2 2023 Discover 5% Categories

isik — Wed, 01 Mar 2023 13:16:10 GMT

I order food pretty often but Amex Gold 4X > Disco 5%

I don't shop at wholesale clubs.

Last quarter wasn't useful to me either because for groceries 6% BCP > 5% Disco

Re: Q2 2023 Discover 5% Categories

Epiki71 — Wed, 01 Mar 2023 13:21:11 GMT

Agree, i guess back to my apple card it is for grocerys.

Re: Q2 2023 Discover 5% Categories

OmarGB9 — Wed, 01 Mar 2023 13:43:52 GMT

@isik wrote:
I order food pretty often but Amex Gold 4X > Disco 5%
I don't shop at wholesale clubs.
Last quarter wasn't useful to me either because for groceries 6% BCP > 5% Disco

@isik

You do realize that the 6% really becomes 4.4% after you account for the AF of the BCP, right? And that's only if you spend EXACTLY $6k on groceries annually

Re: Q2 2023 Discover 5% Categories

isik — Wed, 01 Mar 2023 13:52:02 GMT

@OmarGB9 wrote:
@isik wrote:
I order food pretty often but Amex Gold 4X > Disco 5%
I don't shop at wholesale clubs.
Last quarter wasn't useful to me either because for groceries 6% BCP > 5% Disco
You do realize that the 6% really becomes 4.4% after you account for the AF of the BCP, right? And that's only if you spend EXACTLY $6k on groceries annually.

That argument is valid only if you assume the only benefit of the BCP is the 6% grocery cashback. I use the Disney+ credits, and the 6% on streaming, 3% on Uber categories too.

The Disney+ credit alone is $84. So for $15 I get much better cashback at grocery stores and streaming with decent cashback for transit.

Re: Q2 2023 Discover 5% Categories

OmarGB9 — Wed, 01 Mar 2023 14:59:08 GMT

@isik wrote:
@OmarGB9 wrote:
@isik wrote:
I order food pretty often but Amex Gold 4X > Disco 5%
I don't shop at wholesale clubs.
Last quarter wasn't useful to me either because for groceries 6% BCP > 5% Disco
You do realize that the 6% really becomes 4.4% after you account for the AF of the BCP, right? And that's only if you spend EXACTLY $6k on groceries annually.
That argument is valid only if you assume the only benefit of the BCP is the 6% grocery cashback. I use the Disney+ credits, and the 6% on streaming, 3% on Uber categories too.

The Disney+ credit alone is $84. So for $15 I get much better cashback at grocery stores and streaming with decent cashback for transit.

Oh I agree, I'm on your side. I have a BCP myself and use it for all my streaming services and for parking/transit as well (I don't use the Disney+ credit since I get it free with Verizon). Just wanted to point that out for any lurkers/future searches because while 6% sounds great, it gets a bit watered down.

Re: Q2 2023 Discover 5% Categories

MachoHombre — Wed, 01 Mar 2023 16:13:05 GMT

I'm not sure I understand what specific stores Discover classifies as Wholesale Category for 2023 5% bonus.

This is a differentiator for the Discover Card as the warehouse category doesn't overlap with any of my other cards ...I just don't know where it works.

[no] Costco (Costco doesn't take Discover, only Visa)

[no] Winco (Doesn't take credit cards)

[?] Walmart

[?] Target

[?] Sam's Club

[?]

Ramble, ....Costco and occassionally Winco are the only warehouse stores that I currently patronize, I don't have membership at Sam's Club (but always getting offer for free initial year). Occassionally might go in a Walmart or Target for small item.

Re: Q2 2023 Discover 5% Categories

Remedios — Wed, 01 Mar 2023 16:23:44 GMT

Triple Meh with a side of Bleh

Re: Q2 2023 Discover 5% Categories

ptatohed — Wed, 01 Mar 2023 17:19:33 GMT

@MachoHombre wrote:
I'm not sure I understand what specific stores Discover classifies as Wholesale Category for 2023 5% bonus.
This is a differentiator for the Discover Card as the warehouse category doesn't overlap with any of my other cards ...I just don't know where it works.
[no] Costco (Costco doesn't take Discover, only Visa)
[no] Winco (Doesn't take credit cards)
[?] Walmart
[?] Target
[?] Sam's Club
[?]
[?]
[?]

Ramble, ....Costco and occassionally Winco are the only warehouse stores that I currently patronize, I don't have membership at Sam's Club (but always getting offer for free initial year). Occassionally might go in a Walmart or Target for small item.

All I can think of is Sam's Club. Or costco.com?

Re: Q2 2023 Discover 5% Categories

ChargedUp — Wed, 01 Mar 2023 17:38:34 GMT

@ptatohed wrote:
@MachoHombre wrote:
I'm not sure I understand what specific stores Discover classifies as Wholesale Category for 2023 5% bonus.
This is a differentiator for the Discover Card as the warehouse category doesn't overlap with any of my other cards ...I just don't know where it works.
[no] Costco (Costco doesn't take Discover, only Visa)
[no] Winco (Doesn't take credit cards)
[?] Walmart
[?] Target
[?] Sam's Club
[?]
[?]
[?]

Ramble, ....Costco and occassionally Winco are the only warehouse stores that I currently patronize, I don't have membership at Sam's Club (but always getting offer for free initial year). Occassionally might go in a Walmart or Target for small item.
All I can think of is Sam's Club. Or costco.com?

Sam's Club will work... Oddly enough, Smart & Final codes as grocery even though they tout themselves as wholesale.

Re: Q2 2023 Discover 5% Categories

NoHardLimits — Wed, 01 Mar 2023 20:17:43 GMT

The Q2 categories are a good fit for my needs. I will easily max out the $1500 in spend. With my other cards, the best I could do would be 2% at Warehouse Clubs and 3%-4.5% for Restaurants (depends upon whether the restaurant takes Google Pay or not).

Re: Q2 2023 Discover 5% Categories

MachoHombre — Wed, 01 Mar 2023 21:54:19 GMT

@ptatohed wrote:

All I can think of is Sam's Club. Or costco.com?

I verified that Costco.com is inded an option. That may be my best (only?) decent option.

If i was to max out $500month during that quarter, I'd gain 15dollars a month.

($500 *.02 = $10 on the 2% Using Costco Card; $500*.05 = $25 Maxing out the Disco per month during Warehouse promo)

Re: Q2 2023 Discover 5% Categories

CreditCuriosity — Wed, 01 Mar 2023 22:35:09 GMT

Meh.. Don't see discover coming out of the safe.

Re: Q2 2023 Discover 5% Categories

Rdbeetle — Wed, 01 Mar 2023 22:40:34 GMT

Restaurants is good for me, not the wholesale clubs.