3% Effective Discover IT Cashback?

[luxlight]

Hello fellow myFICOers, I was looking over an email that I got from Discover over an offer i got from them through chat and this is what the email specifically says. If I'm reading this email correctly, does this mean that I'm getting an effective 3% back on my Discover IT card?

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Thank you for continuing to make Discover® card your card of choice. We are pleased to confirm that you will be earning 2% Cashback Bonus® for up to $7500 in purchases. That's up to $150 in Cashback Bonus®. This promotion will apply to new purchases starting tomorrow and will expire on 00/00/00.* Please know your promotional reward is in addition to the Cashback Bonus® you earn on all your purchases.

If you have any questions or need further assistance, please call us at 1-800-347-3085. You will be connected promptly with a knowledgeable U.S.-based Account Manager who will be happy to assist you or you can always visit us online at Discover.com

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[Meanmchine]

To me, that looks like 3%

Call and ask them

[Anonymous]

So, if you're in year 1.... effectively 6% back for all categories and 14% back for bonus categories confirmed?

[wasCB14]

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@Anonymous wrote:
So, if you're in year 1.... effectively 6% back for all categories and 14% back for bonus categories confirmed?

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OP's signature says the card was opened in August 2017. If accurate, the first year has ended.

"Cashback Bonus®" is the name of Discover's cash back rewards program.

"2% Cashback Bonus® for up to $7500 in purchases" does not mean "a 2% bonus in excess of a base 1%". It means "temporarily 2% instead of 1%".

[Anonymous]

Well, firstly, I was mostly joking. Secondly, "This promotion will apply to new purchases starting tomorrow and will expire on 00/00/00.* Please know your promotional reward is in addition to the Cashback Bonus® you earn on all your purchases." Seems to suggest to me that it's 2% on top of whatever the purchase would already earn.

[AverageJoesCredit]

The dreaded Penfed 00/00/00

[luxlight]

Haha not quite. I got this offer a little after i had reached my first year on the card and the cashback bonus ended. 

[wasCB14]

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@Anonymous wrote:
Well, firstly, I was mostly joking. Secondly, "This promotion will apply to new purchases starting tomorrow and will expire on 00/00/00.* Please know your promotional reward is in addition to the Cashback Bonus® you earn on all your purchases." Seems to suggest to me that it's 2% on top of whatever the purchase would already earn.

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I must have misread it earlier, or the OP was updated.