ibleed0range

I just received a targeted offer in the mail from Discover...

Spend $1500 per month from Aug-Dec, receive $250 cashback. Not a bad deal if you pair it with the 5% quarterly categories

Q3: $1500*.05 = $75
Q4: $1500*.05 = $75
All other purchases: $1500 per month x 5 months= $7,500- $3,000 (Q3 & Q4 spending)= $4,500 *.01= $45

$75+$75+$45+$250= $445 (minus any fees for GC spending) for $7500 spend (must be $1500 each month)

vodkashine

I got one that sounds the same as yours late last year.
You are right to zero in on the cat bonuses too to maximize the offer.

I met my spend in the last month and if I recall the bonus CB posted instantly.
I took a direct deposit option for payment. I didn't see any other value in the gift cards or other items.

gk17

Do you need to do anything to be targeted for these offers and is it for any Discover card? I have the DiscoverIt card.

ibleed0range

I have the Discover More that I rarely ever use, I have never gotten a targeted offer before from Discover.

barrytuneup

it's only about 3.2% back and the only 5% is gas for now and it's capped at 75.00. Not a good deal. You can get 6% with Amex Preferred at groceries and 5% from Us Bank cash + and other cards. also 5% for cable and cell from Chase Bus cards

ibleed0range

You just don't put things on the card where you can get a higher cashback somewhere else. I would just buy VR. The $1500 in gas would take up an entire month's spend. If you can do the same thing for Q4 5% bonus, it is defintely worth it.

FlyingBoat

I don't know where you get 3.2% from?

Even without the 5% bonus amounts it is $250 +$75 on $7500 spend which would be 4.3%. With the 5% categories it would be $445/$7500 or 5.93% on the entire spend.

You have a card you can do better than that on?

Besides the Amex Preferred and US Bank cash+ are limited.

I received an offer, but not quite as good.

Need to spend $3K per month for Six months to get $500. So that would get me $680/$18000 or 3.7%. With promo categories it would get me $800 or 4.44% both of which are pretty much better than what I can get anywhere else.

My problem is I have a minus $140 reward balance on that card due to their taking away some portal cashback for when I made purchases not using their card. So I would get only $540 or $660 at best which would be 3 to 3.7%.

The online shopping 5% cashback is easy to utilize. The gas category is never good for me. I typically get closer to 20% off gas by using BP gift cards and coupons. The 1Q bonus would be really tough. No way I spend $1500 on Restaurants and Movies. Also, I have two other Discover cards to get the quarterly bonuses on anyway.

Still this would get me 3% in cash. It may be worth while to sign up for and leave the option open as I think through it.

cbn42

May I ask for details on how you do this?

wmonty67

I received a similar offer.... spend 1000$ per month from sep-jan get 150$

I never used my discover until this last month to get 5% back at gas stations. They're probably targeting people who don't heavily use the card.

balima

I have a miles Discover card and just received this offer

Spend $3000 each month from September 1, 2013 to February 28, 2014 and received 60,000 miles.

Came snail mail and via e-mail. Need to call in to register.

I can see for miles

My offer is for $500 cash back if I spend $3K in five consecutive months, starting with September. I'm in.

restonva

$18,000 is a pretty big spend requirement. Are you considering taking the offer?

balima

Yup. Why not? With MS I net $780 in travel reimbursements. Sounds like a deal to me.