Discover Card – Best Cash Back Credit Card


When it comes to Discover card I’m like
one of the biggest fans out there. Duane here with how to build credit TV and in
this video I’m gonna show you what I’ve been able to accumulate as far as
cashback is concerned using my Discover card. As a matter of fact I’m gonna
document my journey for this first year of membership
using my Discover card so that you can see what’s possible as far as cashback
is concerned. That you can accumulate with Discover card because Discover card
matches the cashback that you’ve earned in your first year. So that’s what we’re
talking about in this video. I’m gonna show you my second months worth of
cashback that I’ve earned. But before we get started I have a quick message. Once again my name is Duane with how to
build credit TV and on this channel we talk about everything you need to know
about credit, credit cards and how to make money using credit cards. As a
matter of fact I was able to make over $1,700 using one credit card. So if this
sounds like something in which you’re interested be sure to subscribe to our
channel by clicking the words subscribe below this video to the right and click
that notification bell so you don’t miss a thing.
Okay so when it comes to Discover card there’s no secret I’ve made several
videos talking about how I like Discover Card a lot. And the reason why I like it
a lot is because I’ve been able to be successful with Discover card in regards
to cashback. I was actually able to make 1788 dollars and 55 cents using one
credit card in 13 months. So that’s pretty cool and more importantly I make
these videos because I want to show you guys. I want to document to you what’s
possible if you use your credit card or your Discover card for all of your
purchases. So what I’m gonna do right now is I’m gonna go ahead and jump on to my
laptop and show you guys I’m gonna login to my account and show you the cashback
that I’ve been able to accumulate in the second month of membership with Discover
card. I started this membership with this Discover card on I think it was
September 2018. The reason why I had to think about it
was because I had another Discover card that I started back in August 2017 which
that account is the account that I’ve been able to earn seventeen hundred
dollars over seventeen hundred dollars worth of cash back. So once again I’m
gonna document my journey and I’m gonna show you what I’ve been able to earn
every single month in regards to cash back with Discover card so that you know
what’s possible. So give me one second and I’ll see you over on my laptop. Okay
so as you can see we’re at the discover website I’m gonna go ahead and log into
my account so that I can show you the cashback that I’ve been able to
accumulate in the last month. Alright let’s see here I’m logging into my
account and I really love this card. This card is a great card it is it’s so easy
to earn a lot of cash back with this credit card. So the card that we’re going
to be looking at is we’re going to be looking at the card ending in three six
seven four and I’ll go ahead and click on that and log in to my account here.
Okey-dokey so we’re in the account and I’m going to as you can see here
currently my current cashback bonus available is ninety dollars and 64 cents.
And I’m gonna show you how much of that that I actually earned this last month.
So I’ll click on let’s click on this here activity and payments and then I’ll
click on activity and statements here, that should pull up the right thing. Okay and
let me click on this and so okay as you can see there’s been one month September
7th to October 6 2018. I made a video documenting that and then now I have the
most recent statement which was from October 7th to November 6 2018. I’ll go
ahead and click on that and just kind of show you guys over here ok over here. So
as you can see at the very bottom here I was able to earn for this particular
statement between October 7th and November 6 2018 I was able to earn
cashback wise fifty one dollars and sixty-five cents. And last month I was
able to earn thirty-eight dollars and 99 cents as you can see there, which makes
my total currently in two months ninety dollars and 64 cents. I’m gonna go ahead
and scroll up here so that you guys can see this I definitely want to make sure
to make it very apparent that there are no fees charged here. There are there’s
no interest charged and as the Year continues you’re going to see that I’m
gonna accumulate quite a bit of cash back but I’m not gonna be paying any
interest which means I pay my statement off in full. I actually pay my bill maybe
once a week so I don’t wait for the end of the month to pay it. I pay it as I go
and of course I’m only making purchases on my credit card that I would normally
make anyway. I’m not doing anything extra and I use my credit card my Discover
card instead of using my debit card which is how I’m able to accumulate so
much cash back. So with Discover card you actually get five percent you get you
have the ability to earn five percent cash back in certain categories. And so
Discover Card actually has already released what you’re going to be able to
earn 5% cash back on for 2019. As a matter of fact I’m gonna
go ahead and pull that up for you guys give me one second open a new tab here
and then I’ll search for Discoverer 2019 cashback calendar. Okay sweet so it all
it automatically populated there and I’ll go ahead and click on discover five
percent cashback calendar just to kind of show you guys as well as myself
what’s up ahead. Okay so as you can see here for 2019 the first quarter will be
grocery stores. So you’ll be able to earn five percent cash back on grocery stores.
The second quarter will be gas stations uber lyft I don’t do a lot of uber and
lyft but you’ll get five percent cashback on gas station purchases. And
then in the third quarter you’ll get restaurants. You’ll have the ability to
earn five percent cash back on restaurants and then the fourth quarter
of 2019 you’ll be able to get five percent cash back on your Amazon
purchases which is kind of the same thing right now. So guys this is
really cool believe it or not there’s not a lot to keep up with with these
types of credit cards as far as the five percent cashback. And discover has made
it a lot easier because now you know for the entire year which you’re gonna get
five percent cashback on for each category. So it’s really easy to
accumulate a lot of cash back and believe it or not you’re gonna be able
to get more cash back this way than you would if you used a credit card that
let’s say you’re getting one percent cash back or or even 1.5% cash back. So
that’s how I was really able to accumulate a lot of cash back and like I
said I’m gonna document my journey as the year goes on in regards to getting
cash back. So I just want to show you one more time real quickly here no interest
charge no fees charge there’s not going to be. This has been two months since
I’ve had my Discover card and I’ve been able to accumulate ninety dollars and 64
cents in two months. So thank you for watching this portion of the video I’ll
see you back in just one second. Thank you so much for watching this video
about Discover Card and what’s possible in regards to getting cash back. If you
liked the video please be sure to give it a thumbs up it helps our channel
quite a bit. If you have any questions please feel free to leave them below the
video in the comment section and I’ll do my best to answer it as soon as I see it.
In case you want to share this video with somebody that may find it helpful
please feel free to do so as well. If you
subscribe to the channel consider subscribing to the channel because on
this channel we talk about everything you need to know about credit, credit
cards and how to make money using credit cards. So if this sounds like something
in which you’re interested be sure to subscribe and click that notification
bell so you don’t miss a thing. Once again my name is Duane with how to
build credit TV and I approve this video. I’ll see you in the next video. Until
next time take care and be blessed. Peace!

13 thoughts on “Discover Card – Best Cash Back Credit Card

  • Very cool idea; taking your viewers though year one with Discover.¬† Looking forward to future updates.¬† I think Discover has a lot going for it.¬† Their customer service is the best I've ever experienced…bar none…including American Express.¬† Their 5% categories seem to by more generally straightforward than Chase Freedom.¬† Groceries, fuel, restaurants…and Amazon for the holidays.¬† All very useful to the average consumer.¬† Chase seems¬†more interested in¬†pushing things like Chase Pay (not that I don't use that too).¬† And the year one cash back match is both¬†valuable¬†to cardholders…and Discover (only having to reward customers that actually use their card consistently).¬†All that said, I'm hoping¬†that Discover reinvests in their cardholders. ¬†Pulling the plug on the majority of their benefits (extended warranty, Discover deals, purchase protection, etc.) I think was a series of big¬†steps back for them.¬†¬†Would I buy¬†my next load of groceries with Discover?¬† Sure!¬†¬†Not likely to need purchase protection there.¬† Would I buy¬†a new television with Discover?¬† Probably not. ¬†I would more likely buy with a card that offered to extend that television's warranty for an extra year.¬† And since Discover is less accepted than Visa or MasterCard,¬†one would think they would want to offer more to make up for some of that.¬† When Discover deals was canceled, they promised it was so they could bring more direct value to the cardholders…ok…I'm ready to see it.¬† As a loosely related side note; I switched my primary banking to Discover early this year.¬† Same great customer service, free checks, no minimum balance requirements, no monthly fees, savings interest around 2.0% APY right now (vs. the 0.03% I was getting locally),¬†and a debit card that earns 1% cash back on purchases…and can use 60,000+ ATM's nationwide with no fees!¬† And it all integrates into the Discover app.¬† I've been nothing but happy with it.¬† Great video!¬† The thing I found most useful was how you hammered on not paying interest or fees.¬† That just can NOT be stressed enough in this game.

  • Guess what bro? Discover Card just upgraded me from a secured card to an unsecured card. I'm getting my $200 security deposit back in 30 days! I'm excited. I was so shocked when I logged into the Discover app this evening. Thanks for being so awesome and sharing your credit journey!

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