http://www.bankaholic.com/how-to-get-discovers-5-rebate-in-2010/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Thu, 09 Feb 2012 08:51:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.bankaholic.com/how-to-get-discovers-5-rebate-in-2010/comment-page-1/#comment-187942 Makhi Jani Mon, 27 Sep 2010 01:43:24 +0000 http://www.bankaholic.com/?p=5619#comment-187942 Nice scam by Discover to disguise and confuse credit card consumers. Most cases better off paying cash and ask for rebate from merchants instead of charging on the card and putting up with their scams. Nice scam by Discover to disguise and confuse credit card consumers. Most cases better off paying cash and ask for rebate from merchants instead of charging on the card and putting up with their scams.

]]> http://www.bankaholic.com/how-to-get-discovers-5-rebate-in-2010/comment-page-1/#comment-186578 rpk Sat, 04 Sep 2010 11:28:18 +0000 http://www.bankaholic.com/?p=5619#comment-186578 The 5% is not real as I'm sure many of us have learned the hard way. Read it carefully, they only pay 5% on the first $300 in purchases in those categories and 1% on everything else. The worst part is anything above the $300 in those categories is not paid on at all. So the 5% times $300 comes to $15 cash back. This is actually a way for Discover to limit the amount they will pay in those categories to $15. On my first (and last) statement, I had almost $4000 in purchases and the cashback was $23.97. A straight no-gimic 1% would have earned me $40. Bye Bye Discover. I won't listen to your lies anymore. The 5% is not real as I’m sure many of us have learned the hard way. Read it carefully, they only pay 5% on the first $300 in purchases in those categories and 1% on everything else. The worst part is anything above the $300 in those categories is not paid on at all. So the 5% times $300 comes to $15 cash back. This is actually a way for Discover to limit the amount they will pay in those categories to $15. On my first (and last) statement, I had almost $4000 in purchases and the cashback was $23.97. A straight no-gimic 1% would have earned me $40. Bye Bye Discover. I won’t listen to your lies anymore.

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