topic Re: I know how to get FREE CASH (no interest/fees) on Discover! in Credit Cards

I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 02:27:21 GMT

1- Get on Discover Promo 0% APR

2- Go to Shaw's food market and buy pack of gum, or do some grocey shopping, whatever.

3- Tell cashier 'yes' cashback (Discover 'cash over')

4- $120 Cash limit per day

5- Repeat until desired amount

6- Pay NOTHING for the cash!!! Just like regular purchase, but of COLD HARD CASH!

Re: I know how to get FREE CASH (no interest/fees) on Discover!

distantarray — Fri, 02 Nov 2012 02:29:52 GMT

i really don't think you should teach people how to squeeze cash out of a credit card, but regardless everyone should know this if they have common sense to think already. For instance use a credit card at 7-11 they ask you if you want cash back. Walmart you can take $100 out but it's still not recommended. The only things you can't buy with cards is usually illegal substances or hookers and that's not very good lol

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 02:30:08 GMT

Looks like mostly food stores.. Here is the link of the list of 'acceptable' stores.

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

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 02:33:27 GMT

@distantarray wrote:
i really don't think you should teach people how to squeeze cash out of a credit card, but regardless everyone should know this if they have common sense to think already. For instance use a credit card at 7-11 they ask you if you want cash back. Walmart you can take $100 out but it's still not recommended. The only things you can't buy with cards is usually illegal substances or hookers and that's not very good lol

I agree. This advice is ONLY for RESPONSIBLE credit card users. If I had known this when I first opened Discover, although I believe it looks new, I would have gotten myself into trouble.. for sure.

Can only hope one day I can get a hooker with my DiscoverMore then I'll REALLY be DISCOVERIN'...

Re: I know how to get FREE CASH (no interest/fees) on Discover!

youngandcreditwrthy — Fri, 02 Nov 2012 02:35:43 GMT

LOL I already knew about this ;-) and the walmart discover one. Hahaha. These would likely send up red flags to the creditor though! Be careful!

Re: I know how to get FREE CASH (no interest/fees) on Discover!

nicholasyud — Fri, 02 Nov 2012 02:36:34 GMT

i think you should delete the post because most of us know but some may not and they going to abuse it .......................so keep it in small grouo before they take it all back and get some stricted on it.........We are the ppl ruin all the good thing that we can take advance on credit cards.........

Re: I know how to get FREE CASH (no interest/fees) on Discover!

gettnthere — Fri, 02 Nov 2012 02:37:14 GMT

@distantarray wrote:
i really don't think you should teach people how to squeeze cash out of a credit card, but regardless everyone should know this if they have common sense to think already. For instance use a credit card at 7-11 they ask you if you want cash back. Walmart you can take $100 out but it's still not recommended. The only things you can't buy with cards is usually illegal substances or hookers and that's not very good lol

Re: I know how to get FREE CASH (no interest/fees) on Discover!

youngandcreditwrthy — Fri, 02 Nov 2012 02:37:19 GMT

Pahahahhahahahahaha then I'll really be "discoverin" hahahahaahahaha lmfao.
Be careful. Mods told me this is a "family friendly" forum. I used curse words too much at first:-/

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 02:45:48 GMT

Since you get asked at the checkout if you want cash advance or not I doubt that this isn't well-known. Get asked several times and most people will stop and ask how it works(I know I did after being asked 20+ times..). IMO this is the same as buying that shiny new 3D TV and only people that view CCs as extra spending power instead of a convenience will 'abuse' it, and seeing as the people that might abuse it do it already (but with luxury items/overspending) I don't see how this could magically create a new breed of abusers.

At the end of the month if it isn't PIF you will still pay interest on the money as it were a regular purchase (I know that the thread is about 0% APR, but if the money isn't paid by the end of the promo then all interest will be charged). And I also believe that creditors might have a limit to the amount you can take out (like debit cards) or might limit your maximum withdrawal to a specific % of available credit limit.

Re: I know how to get FREE CASH (no interest/fees) on Discover!

youngandcreditwrthy — Fri, 02 Nov 2012 02:55:58 GMT

No need to delete this post... If you are creditworthy enough to receive a Discover, you prob know not to use Cash Over or Cash Advances often. Also, Discover doesn't have "deferred interest" they simply do not charge interest until the promo perios is over, then it goes to whatever your rate is....

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 02:56:52 GMT

@youngandcreditwrthy wrote:
LOL I already knew about this ;-) and the walmart discover one. Hahaha. These would likely send up red flags to the creditor though! Be careful!

I guess Discover would see that I'm accepting cash.. maybe no... I don't know, but I would HOPE that this wouldn't send up 'red flags' or else that is simply ridiculous. Next thing I know I got a package in the mail saying 'Sorry your credit line has been reduced' wowww I would definitely need to get some air...

Re: I know how to get FREE CASH (no interest/fees) on Discover!

distantarray — Fri, 02 Nov 2012 02:58:57 GMT

I'm sure you'll get closed if your doing multiple $120.25 cent purchases a few times a day

Re: I know how to get FREE CASH (no interest/fees) on Discover!

migliogiorni — Fri, 02 Nov 2012 03:02:17 GMT

Not news, already knew this one. LOL @ ur discovery though.

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 03:02:24 GMT

@distantarray wrote:
I'm sure you'll get closed if your doing multiple $120.25 cent purchases a few times a day

Haha! Well.. one time a day I could do about 20 days in a row of $121 purchases (I don't think I can buy anything at the grocery store that's .25) LMAO! Obviously, I will NOT be doing this... not until unemployment goes to 10% again, but I digress...

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 03:04:45 GMT

@migliogiorni wrote:
@Not news, already knew this one. LOL @ ur discovery though.

Thanks. I felt really good for about all of two seconds upon my finding, which in fact was anything but a finding... ho-hum...

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Juan123 — Fri, 02 Nov 2012 03:08:21 GMT

i actually didnt know about this since i've never been asked if i want cashback on any of my purchases with my credit cards....

Re: I know how to get FREE CASH (no interest/fees) on Discover!

jsickz32 — Fri, 02 Nov 2012 03:11:40 GMT

you might not get charged cash advance fee or apr on this but in your stament show as cashadvance. i tried with 10 bucks to see what it showed as on my stament. so believe me discover will know what your doing and will most likely raise red flags. you can even pay hookers with credit cards lol if you pick one up from the strip club they'll tell you they take striper money which you can buy with cc's lol

Re: I know how to get FREE CASH (no interest/fees) on Discover!

andre181 — Fri, 02 Nov 2012 03:12:23 GMT

@Anonymous wrote:
@youngandcreditwrthy wrote:
LOL I already knew about this ;-) and the walmart discover one. Hahaha. These would likely send up red flags to the creditor though! Be careful!
I guess Discover would see that I'm accepting cash.. maybe no... I don't know, but I would HOPE that this wouldn't send up 'red flags' or else that is simply ridiculous. Next thing I know I got a package in the mail saying 'Sorry your credit line has been reduced' wowww I would definitely need to get some air...

I did it once at Walmart because I needed $20 in cash and didn't feel like stopping at the bank. On my statement, it showed my Walmart purchase and the cash-over seperately, so they definitely know you're doing it.

As long as you don't abuse it, I'm sure they won't mind. But if you start doing it regularly and especially if you start carrying balances while doing it, that could signal to them that you might be going through some financial difficulty which could cause some AA.

Re: I know how to get FREE CASH (no interest/fees) on Discover!

Anonymous — Fri, 02 Nov 2012 03:13:08 GMT

@Juan123 wrote:
i actually didnt know about this since i've never been asked if i want cashback on any of my purchases with my credit cards....

Good to hear. Well, only for my own ego HA! Don't worry though, I wasn't asked if I wanted cash until about a month ago and I thought to myself, "What the hell? I've never.. ah well." And so I went on my way without cash not thinking anything of it until being bored tonight and browsing Discover website. I figured back when the cashier asked me I thought NO WAY!! Y'know.. Thinking some kind of 'inside job' just to nickel and dime me for being a pitiful lousy credit card holder just trying to live the 'American Dream'

Re: I know how to get FREE CASH (no interest/fees) on Discover!

distantarray — Fri, 02 Nov 2012 03:15:01 GMT

@andre181 wrote:

I did it once at Walmart because I needed $20 in cash and didn't feel like stopping at the bank. On my statement, it showed my Walmart purchase and the cash-over seperately, so they definitely know you're doing it.

^ this, on my BCP Amex stuff bought inside and gas outside are coded differently probably because they don't want you to get 3% back on ciggarettes and hotdogs