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- Get the Discover IT with Cashback Match card through Amazon’s link and receive a $75 statement credit after your first Amazon purchase within three months
It’s more like that this $75 will not be doubled since it’s marketed as a “statement credit” to offset a charge and not a “cashback bonus”.
The Discover IT card is fairly popular due to the 5% rotating categories and the first-year Cashback Match program. It doesn’t have a public signup bonus (the Cashback Match is the signup bonus), though it’s easy to get a referral from a friend and each will get $50 which will then double at year’s end to $100 each. This public signup bonus is something we haven’t seen, though.
The Fine Print
Get a $75 statement credit when you use your Discover it card to purchase any item at Amazon.com within 3 months of approval. Limit one per customer per account. Your statement credit will be automatically added to your Discover Card account within 1-2 billing periods. Amazon.com purchases include those made through the Amazon.com checkout, including digital downloads, Amazon.com gift cards, Amazon Fresh orders, Amazon Local Deals and Amazon Prime subscriptions and items sold by third party merchants through Amazon.com’s marketplace.
You can have up to two Discover cards, even two of the same card. As far as I know, the Cashback Match bonus will apply to the second card, even if it’s the second of the same card.
It’s not clear, however, that the second card will be eligible for a cash signup bonus. One data point suggests that it doesn’t work.
My hunch is that it’s only the referral link cash signup bonus that doesn’t work being that you are an existing cardholder of this card. However, the Amazon cash signup bonus link might work; the terms don’t seem to disqualify existing cardholders. YMMV.
- Get all cash back earned the first year doubled at year’s end
- Get 5% back in rotating categories on up to $1500 per quarter; 1% everywhere else with no limit
- No annual fee
- Full roundup of benefits can be found here
The $50 referral offer is better than this since it gets doubled to $100 at year’s end while this $75 probably won’t get doubled.
If you already have a Discover IT card and are applying for your second Discover IT card, it might make sense to use this Amazon link since it’s more likely to work for existing Discover IT cardholders, as discussed above.
We’ll add this to our list of Best Current Credit Card Signup Bonuses. See also 15 Things Everybody Should Know About Discover Credit Cards before applying for a Discover card.
Please do not leave Discover referrals in the comments to this post. Instead, head over to the dedicated thread and follow the instructions there.