FlyerTalk Forums - View Single Post - Discover 10% Cashback Bonus in-store through 2015 when using Apple Pay, up to $10k
Old Sep 14, 2015, 7:29 pm
  #165  
shinjukuflyer
 
Join Date: Dec 2014
Posts: 257
Originally Posted by shitrus
If you are looking at simply "best" for the deal, it would be the Discover it Miles card, with the double bonus (gives you 23% cashback on the 10k Apple Pay).

using that to buy 10k worth of OVVGC from WAG and clearing through RedCard would net you $2,203.97 if my math is correct. (10k * (.10 + .10 + .015 + .015 = .23) + 99 in fees * (.015 +.015 regular rewards)) - the Fees of 99

What rewards do you have on your old Discover card?
Why wouldn't the $99 in fees also earn the 10%?

The way I see it: 10k worth of GC = 10,099 actual spending. Get 23% back = 2322.77. Subtract 99 and you get net gain of 2223.77.
shinjukuflyer is offline