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- Get an Easy $600 with the Discover It Card
- Discover It Is an Amazing Cashback Card (For the 1st Year at Least)!
- Yes! Just Got My $1,100+ Discover It Cashback Match (The Dublin)!
Last week, I had 2 Discover It cards. So I closed Discover It #1. With Discover It #2, I’m expecting a sweet $800+ cashback match next month:
Last year, I got back $1,100 in cashback match. So Discover has been generous to me, doubtlessly.
But, you can only have 2 Discover cards at once, so if I wanted #3, that meant #1 had to go.
I checked to make sure over a year had passed since I opened #2.
I waited until September 8th passed, and then a few extra days to be on the safe side. Then, with zeal in my little eye, I prepared my grubby mitts for a new Discover It – and a new year of that sweet cashback match.
In This Post
PWND! No Discover it® – Cashback Match™ for you!
Palms clammy, I was assured of approval. I even picked the new rainbow design for the card I was so certain to get:
So I called the number and spoke to a representative. I pointed out that it had been over a year. Not by much, but past the year mark surely.
She kept saying “at this time” “at this time.” So I asked how long they’d like me to wait before I apply again. She said there’s no specific timeframe but I am welcome to apply “at a later date.”
I don’t know if that means next week, next month, or what.
What does this mean for Discover cards?
Last year, peeps weren’t sure if you could even get a second Discover It card with cashback match. And this year, there were similarly no data points if you could get a third card. But, I just tried, and was denied without much explanation. And the Discover rep couldn’t give me any specific information. Though she did invite me to apply again “at a later date,” which is vague.
So basically, nothing to take away from the experience other than… no means no. It should still be possible to get a 2nd card though, as long as a year has passed since you got the 1st one.
I will always love the Discover it® – Cashback Match™ card (for a year)
If you’re never had the Discover It card, OMG huddle forth. It has practical 5% cashback categories that rotate quarterly. Here are/were 2017’s bonus categories:
That’s nice and all, but the real magic lies in the cashback match – which I lovingly call The Dublin.
After the 12th billing cycle, Discover matches all the cashback you’ve earned and gives you a lump deposit on your 13th billing statement. That means all the cashback you earn from the 5% bonus categories effectively doubles to 10%.
Even better, anything you earn from the fantastic Discover Deals shopping portal, any referrals you make, and the $50 sign-up bonus – are all doubled too.
That’s why I say this card is amazing – for the 1st year at least. In fact, this card is criminally underrated. Discover is a generous bank, the card is fantastic, and approvals are generally easy.
If you’re over Chase 5/24 and pecking around for a decent card to earn some rewards with, I heartily recommend this card. After all, I wanted 3 of ’em!
If you sign up with my link, you’ll get $50 in cash back after your 1st purchase made within 3 months of account opening. And of course that’s doubled after your 12th billing cycle, in addition to everything else you earn.
Thought I’d share in case others are in a similar situation. While I’m sad to lose another year of The Dublin, I did enjoy the $2,200 I got in Year 1 and the $1,700 I got/will get this year (Year 2). But alas, it looks like Year 3 is out of reach… for now.
I’m oddly fine about it because soon enough, I’ll have $20,000 in spend to complete on the Chase British Airways card. So that’ll keep me busy for a while. Maybe by the time that’s done, Discover will let me squeak by for that 3rd year.
If you’ve never had the Discover It card, it’s one I highly recommend for the:
- Usually excellent quarterly bonus categories
- Access to Discover Deals shopping portal
- Fairly reliable $10 per month Kohl’s coupon
- Ability to stack portal payouts with bonus categories to earn even more
- Bonus category backup in case you max it out with Chase Freedom (like I did this quarter with restaurants)
- Fact that it’s not a Chase, Citi, or Amex card
Another part of me is like… whoa, the good deals are getting more scarce. I can’t say I’m surprised by Discover’s decision, but it does sting a little. Especially because I do carry the card with me so frequently. Ah, well. Smile because it happened, right?
I’ll have to revisit this card after my second Dublin next month…
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