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QUESTION REGARDING MY NEW DISCOVER IT CARD

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Frequent Contributor

QUESTION REGARDING MY NEW DISCOVER IT CARD

So I received my new Discover it Cash Back credit card.   I have used it about seven times.   Two restaurants for the 5 percent and other  items for the 1 per cent cash back.  My Cap One Quicksilver shows the cash back rewards as soon as the charge posts.   Nothing is showing on my Discover card, not for regular purchases and not for the 5 percent category purchases.  Is that normal or is it handled differently than what Cap One does?  

 

Oh, and it's great I receive the TU FICO score.  They just posted mine, and I've gone up 3 points in the last two weeks since I pulled it.  I love that service with the card.

Open Credit Cards:
Green Dot Primor Secured (5/18) - $450 CL (CLOSED 2/2020)
Capital One Platinum (8/18) PC'd to Quicksilver (9/19) - $800 CL
Capital One QuicksilverOne (3/19) - $1800 CL
Merrick Bank DYL VISA - No AF (6/19) - $1400 CL
Discover it Cash Back (9/19) - $1300 CL
Amazon Prime Store Card (4/20) - $5000 CL
NFCU cashRewards (4/20) - $1500 CL
BB&T Spectrum Cash Rewards (5/20) - $3500 CL

Experian FICO Score - 8/2018: 528

Experian FICO 8 Score - 9/2020 - 672
Equifax FICO 8 score 9/2020 - 674
TransUnion FICO 8 score 10/2020 - 658
Message 1 of 21
20 REPLIES 20
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Established Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

I do believe that cashback will show up once your statement generates.  Enjoy your Discover!!

Amex Gold =Amex ED 20k = Amex BCP 14k = Amex SPG Lux 2k = Arrival 2k = Ring 14k = BOA 321 30k = BOA BBR 10k = CSR 25k = Freedom 10k = Citi Simplicity 9k = Citi DC 5k = Citi DP 3k = DCVR IT 16k = DCVR IT(2) 10k = CAP1 QS 15k = NFCU CR24k/AE25k/CLOC 15k = BBVA 14k = Wells Plat. 5k = (2) US Bank Cash+ 13k, 18k = PenFed 17k

FICO scores TU 764 EX 739 EQ 745
Message 2 of 21
Senior Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD


@Jannelo wrote:

So I received my new Discover it Cash Back credit card.   I have used it about seven times.   Two restaurants for the 5 percent and other  items for the 1 per cent cash back.  My Cap One Quicksilver shows the cash back rewards as soon as the charge posts.   Nothing is showing on my Discover card, not for regular purchases and not for the 5 percent category purchases.  Is that normal or is it handled differently than what Cap One does?  

 

Oh, and it's great I received the TU FICO score.  They just posted mine, and I've one up 3 points in the last two weeks since I pulled it.  I love that service with the card.


You will see your cash back once the statement cuts.   Discover gives you your cash back once a month. 


FICO 8 Starting Score

Current Scores

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Garden Goal is All Reports Clean – Achieved 11/26/20
Message 3 of 21
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Frequent Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

Thanks!

Open Credit Cards:
Green Dot Primor Secured (5/18) - $450 CL (CLOSED 2/2020)
Capital One Platinum (8/18) PC'd to Quicksilver (9/19) - $800 CL
Capital One QuicksilverOne (3/19) - $1800 CL
Merrick Bank DYL VISA - No AF (6/19) - $1400 CL
Discover it Cash Back (9/19) - $1300 CL
Amazon Prime Store Card (4/20) - $5000 CL
NFCU cashRewards (4/20) - $1500 CL
BB&T Spectrum Cash Rewards (5/20) - $3500 CL

Experian FICO Score - 8/2018: 528

Experian FICO 8 Score - 9/2020 - 672
Equifax FICO 8 score 9/2020 - 674
TransUnion FICO 8 score 10/2020 - 658
Message 4 of 21
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Community Leader
Mega Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

Ive noticed if you view your statement via pdf they will show all your spend and what category. Pretty cool. Only thing i wish charges would post faster but its a great cardSmiley Happy
Message 5 of 21
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Community Leader
Senior Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

Another nice thing you may not know is that just like CapOne, you can opt to apply some or all of your monthly cash back toward your minimum payment.


Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | PenFed PCR | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





TCL $95,400 | Agg. Util under 5%
Message 6 of 21
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Frequent Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

You can see how much cashback has accrued by clicking on the arrow to the right of the 5% bonus category.

This is how it looks in the app for example :

Jul-Sep
Restaurant/PayPal >
Message 7 of 21
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Frequent Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

I thought  I had this on the card, which advertised 0% Intro APR for 14 months on purchases and balance transfers. 3% Intro Balance Transfer Fee until December 10, 2019.

 

I don't.  That goes to show you how I was barely over the line to be approved for an unsecured card.   What my offer is:   "APR for Balance Transfers - 10.99% intro APR for six months from date of first transfer, for transfers that post to your account by 12/10/2019."   No introductory 0% APR for 14 months, nor even six months.

 

It's okay.  I don't need to transfer a balance, and I don't carry any balances on my credit cards. Although, the 0% Intro APR for 14 months would have been a nice feature to have in case I wanted to.   But that shows me how very lucky I was to even be approved at all.

Open Credit Cards:
Green Dot Primor Secured (5/18) - $450 CL (CLOSED 2/2020)
Capital One Platinum (8/18) PC'd to Quicksilver (9/19) - $800 CL
Capital One QuicksilverOne (3/19) - $1800 CL
Merrick Bank DYL VISA - No AF (6/19) - $1400 CL
Discover it Cash Back (9/19) - $1300 CL
Amazon Prime Store Card (4/20) - $5000 CL
NFCU cashRewards (4/20) - $1500 CL
BB&T Spectrum Cash Rewards (5/20) - $3500 CL

Experian FICO Score - 8/2018: 528

Experian FICO 8 Score - 9/2020 - 672
Equifax FICO 8 score 9/2020 - 674
TransUnion FICO 8 score 10/2020 - 658
Message 8 of 21
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Community Leader
Senior Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

What matters is that you’re in, and now you can tend it and let it grow while enjoying the perks Smiley Happy


Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | PenFed PCR | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





TCL $95,400 | Agg. Util under 5%
Message 9 of 21
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Established Contributor

Re: QUESTION REGARDING MY NEW DISCOVER IT CARD

I've noticed this too. My Chase account shows the points as soon as the purchase has been processed whereas Discover shows it at the statement date. Still, love their points and I've got A LOT of value out of it in just my first four months with them. I love it and my card design gets all the compliments Smiley Very Happy

AU


Message 10 of 21
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