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Home > Discover card wants me to spend $24,000 in 8 months

Discover card wants me to spend $24,000 in 8 months

January 12th, 2013 at 03:54 am

They have offered me another cashback promotion, they give me $500 cashback bonus if I spend $3,000 every calendar month through August.

They want me to spend more. Not sure why -- I always pay the balance in full and never pay any interest.

I'm debating if I should try to go for it.
The thing is, between DH and me we do spend over 3k a month on credit cards. However, right now I'm trying to make the AA miles promotion with citi card, so I have to spend 6K this month. And, for some stuff we are spending on this month I would be better off using another card -- for example we'll be staying in Ritz Carlton paying with Marriott cards will multiply the points. Same goes for a Hyatt stay.

So I don't know. I certainly don't want to buy anything I would not have bought otherwise, but if it was not for this months coincidences, it would have been an easy $500.

Sigh....

Posted in Uncategorized | 3 Comments »

3 Responses to “Discover card wants me to spend $24,000 in 8 months”

  1. Single Guy Says:
    January 12th, 2013 at 04:08 am 1357963695
    1357963695

    That's an awful lot of spending, at least how I see it. Their offers to me have been usually spend $1,000/mo for 3 months for a bonus. I always pass on them. Anyway, doing the math this one comes up to a 2% bonus, which is almost worthless. Can't you do better elsewhere?

  2. Nika Says:
    January 12th, 2013 at 04:11 am 1357963902
    1357963902

    Ah, but that's an additional bonus on top of the 1% usual cashback and 5% categories.

  3. creditcardfree Says:
    January 12th, 2013 at 02:23 pm 1358000611
    1358000611

    Nika, I think you answered your own question. You already have plans to do your spending on other cards for those bonuses. I'd skip this for now. You could always call Discover after your down with your current card spending and see if the offer is still available.

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