Discover has once again chosen Amazon and Target as its bonus categories for the last quarter of 2024. This means that cardholders of eligible cards like the Discover it® Cash Back and Discover it® Student Cash Back can earn 5% back at Amazon and Target on up to $1,500 in combined spending from Oct. 1 through Dec. 31, 2024. After reaching the spending limit, purchases will still earn 1% back. Activation is required to qualify for the bonus rewards.
If you were to max out the $1,500 spending limit, you could earn $75 in cash back. Discover does not have a minimum required redemption for cash back, so you can redeem it in any amount at any time.
Here are some strategies to make the most of Discover’s bonus categories for the final quarter of 2024.
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Discover bonus rewards categories for 2024 |
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Make the most of big shopping events
Black Friday and Cyber Monday are popular sale days at Amazon and Target. However, it’s important to compare prices between retailers for big-ticket items to ensure you’re getting the best deal. Paying with an eligible Discover card can help you save even more.
Stock up on gift cards
Target offers a variety of gift cards to restaurants and retailers, including Amazon. Consider purchasing gift cards for yourself to save on future purchases. For example, buying a $50 gift card to your favorite restaurant with an eligible Discover card can save you $2.50 during the bonus category period.
Shop for groceries at Amazon and Target
Consider purchasing groceries at Amazon and Target to earn up to 5% back with no annual fee. Amazon offers a wide selection of grocery items in bulk, allowing you to save even more on essentials like cleaning supplies and snacks.
Plan ahead for post-holiday savings
Take advantage of Discover’s high cash-back rate by pre-planning purchases for items you’ll need throughout the year. Buy them now with an eligible Discover card to lock in the savings well after the holiday season.