Current Discover It® cardholders will be excited to hear about the new additional 5% cashback bonus categories for the Third quarter of 2020. Those cardholders will be able to earn cashback on up to $1,500 for restaurants & Paypal purchases from July 1st through September 30th 2020.
Activation will be available starting on May 1st, 2020, log into your Discover account to remind yourself to activate your 3rd Quarter 5% cashback categories! Don’t forget to see our complete list of Discover Bank Promotions!
Discover It Card owners should also take note of the available cash back opportunities during the 2020 Third quarter. Make sure to register your card so you can save some money while improving your home and in wholesale.
Editor’s Note: For reference, here are the list of categories of the 5% Cashback Bonus from last year: 1st Quarter they offered cashback on Grocery stores; 2nd Quarter they offered cashback on Gas station, Uber and Lyft; 3rd Quarter they offered cashback on Restaurants; and for the 4th Quarter they offered cashback on Amazon.com, Target and Walmart.com.
Tip: We have the Discover $50 Referral link. Simply make one purchase to get your $50 bonus! Don’t forget double cash back for the first year, which means you can get 10% for 5% cash back categories.
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Discover 5% Cashback 2020 Q3 Categories
- Restaurants – Restaurant purchases include only those made at merchants classified as full-service restaurants, cafes, cafeterias and fast food locations.
- PayPal – PayPal qualifying purchases are those made through the PayPal wallet online, when you send money to Friends and Family via PayPal using your Discover Card, and point-of-sale transactions using PayPal Here. Payments made through the Xoom transfer service are not eligible for 5%. PayPal, the PayPal logo are trademarks of PayPal or its Affiliates. Listed merchants are in no way sponsoring or affiliated with this program.
Rewards are added to your Cashback Bonus account within two billing periods. Not a Discover It card member? Use this Referral Link to earn $50 bonus after first purchase within 3 months.
Discover It 2020 5% Upcoming Cashback Categories
- January-March: Grocery Stores, Walgreens and CVS (Ends 3/31/2020)
- April-June: Gas Stations, Uber, Lyft and Wholesale Clubs (Activation begins 2/1/2020)
- July-September: Restaurants and Paypal (Activation begins 5/1/2020)
- October-December: Amazon.com, Walmart.com and Target.com (Activation begins 8/1/2020)
If you don’t have the Discover It®, you might be excited to hear that it has a 0% APR for 14 months on balance transfers, no annual fee, no fee for your first late payment, no over limit fee, no fee for payments by phone, and no foreign transaction fees.
In addition to these already great features, all eligible purchases made with your Discover card are protected for up to $500 during the first 90 days if they’re stolen or accidentally damaged. Learn more about this magnificent card in our Discover It review.