Discover NEW Payment Method

[Anonymous]

I just noticed this. 

Pretty neat! 

[Anonymous]

That is pretty darn cool! Thanks for sharing

[Anonymous]

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@Anonymous wrote:
That is pretty darn cool! Thanks for sharing

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My pleasure

Yeah, might actually use instead of direct deposit. Hmm....

[Anonymous]

I'm confused....  You have always been able to redeem your CB as a statement credit.

Am I missing something?

[Anonymous]

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@Anonymous wrote:

I'm confused....  You have always been able to redeem your CB as a statement credit.

Am I missing something?

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Yes. They are pretty much the same thing, but this is the first time Discover added cashback as a payment method in the payment portal.

Before that, you had to go to the redemption portal for cashback to get cashback as statement credit. 

Now, you can just go directly to "make a payment" and the cashback option will be there to pay for your balance.

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

I'm confused....  You have always been able to redeem your CB as a statement credit.

Am I missing something?

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Yes. They are pretty much the same thing, but this is the first time Discover added cashback as a payment method in the payment portal.

Before that, you had to go to the redemption portal for cashback to get cashback as statement credit. 

Now, you can just go directly to "make a payment" and the cashback option will be there to pay for your balance.

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And because of that one less step you are now considering using it as a statement credit instead of direct deposit??

I don't understand the world anymore

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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@Anonymous wrote:

I'm confused....  You have always been able to redeem your CB as a statement credit.

Am I missing something?

---

Yes. They are pretty much the same thing, but this is the first time Discover added cashback as a payment method in the payment portal.

Before that, you had to go to the redemption portal for cashback to get cashback as statement credit. 

Now, you can just go directly to "make a payment" and the cashback option will be there to pay for your balance.

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And because of that one less step you are now considering using it as a statement credit instead of direct deposit??

I don't understand the world anymore

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LOL, good point. I wanted to try it out to see if it was quicker than statement credit. Should've clarified that.

[Anonymous]

Ok wait I think I misinterpreted this lol I thought this was popping up as a payment option at the moment one makes a purchase instead of waiting days for the transaction to post and then using the bonus as a statement credit to pay for it...

[CreditMagic7]

Not bad

[Anonymous]

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@Anonymous wrote:
Ok wait I think I misinterpreted this lol I thought this was popping up as a payment option at the moment one makes a purchase instead of waiting days for the transaction to post and then using the bonus as a statement credit to pay for it...

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LOLOL yeah its pretty much same as statement credit.