Posted by William Charles on November 1, 2019
Credit Cards

Published on November 1st, 2019 | by William Charles

40

Discover Announces Full 2020 5% Cashback Calendar

Discover has announced all of the rotating 5% cashback categories for 2020. The categories are as follows:

  • Q1 (January–March): Grocery Stores, Walgreens and CVS

  • Q2 (April–June): Gas Stations, Uber, Lyft & Wholesale Clubs

  •  Q3 (July–September): Restaurants and PayPal

  • Q4 (October–December): Amazon.com, Walmart.com and Target.com

Quarter 4 is probably the weakest, but there are usually enough Walmart and Target (and Amazon if you don’t have another good Amazon cards) to make it work. Really impressive calendar in my opinion. I also like how Discover gives us the full calendar in advance unlike Chase.



40
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
TheJstandsforJ
TheJstandsforJ

My Amex Gold will take a bite out of Q1 and Q3 otherwise those would be really solid. Q2 and 4 are weaker, but you should be able to stock up on gift cards during both.
I should still get decent value in Q3 from PayPal, which is a super underrated bonus.

Note that Q4 won’t have in-store Target like this year.

barrytuneup
barrytuneup

I hope I am living by then!! Yes very good to list this way ahead of Chase and ABOC.

Kyle ❤️

Are you getting old Barry? Sick maybe? I hope your living then too man!

Information Booth
Information Booth

John 3:16 barrytuneup… just in case!! Before the haters begin their hatin… this was a joke. I hope he was just kidding as well.

Ctown Bin
Ctown Bin

Why is Q2 week? Both Sam’s Club and BJs sell VGCs, pretty sure across the country.
To me Q3 is weakest, then again there might be easy ways to MS going through PayPal that I don’t know about…

Jay
Jay

For the lazy – like myself 🙂
Paypal: send $1500. Pay with Discover for 2,9% fee.
Profit: $31,50 (2,1%)

missjenniferd1🦉 🦁

deleted

Eric M.
Eric M.

Why would AMEX Gold have to take a bite out of Q1? You can use DISC and then hammer the AMEX Gold up to $25K for the rest of the year.

Manco
Manco

I wish they’d have mobile payments category like chase freedom had in Q1 2018.

Andy
Andy

Agreed….but don’t forget, Chase is doing mobile pay RIGHT NOW, thru the end of the year. Yes, it’s only Chase Pay, but you can link CP to Samsung Pay, and I’m pretty sure CP works with Apple Pay, as well. It’s everyone’s last chance to take advantage of 5% with mobile pay, as Chase is killing Chase Pay in the new year.To max my gas savings this quarter, I’m buying WM gift cards with Chase Pay, then using those WM GCs at the pump to save an additional 3 cents per gallon.
Every time I speak with Discover customer service, I’ll usually weasel the conversation around to having mobile pay as part of at least one quarter. They always agree it’s a great idea, and promise to relay it to their bosses. I’m sure they do, but I suspect Discover will never take the mobile pay plunge.

Mikey
Mikey

We all know CHASE too well. They wait so they can “one up” DISC, has happened often in the past. Quarter 1 is amazing, such a fine start to the new decade!

Amex Fangirl
Amex Fangirl

I prefer having grocery and drugstore in a different quarter.

Midnight
Midnight

Discover and chase love putting the same things in the same quarters….

Rishabh
Rishabh

Yeaaa now I can actually use discover during summer cuz I rarely eat out

Sam
Sam

Just do paypal all year long. Other categories are meh.

Dubya
Dubya

Nope.

Dan
Dan

Disagree

-Anyone who leaves their house

Eric
Eric

Grocery stores are awesome to pick up VGCs. Gas and wholesale clubs are useless since I can get gas cheaper in other ways and wholesale clubs don’t take Discover.

M&M
M&M

Costco doesn’t take Discover in their warehouses BUT their website does. I buy their gift cards there and then use those when shopping at my local warehouse. Always triggers the cash back bonus without issue. Can only speak about Costco since it’s the only wholesale club I shop at.

Avi
Avi

If Costco.com counts for the wholesale clubs category, you can use your Discover card to buy Costco gift cards there.

Dg
Dg

Isn’t Costco exclusively VISA except online.

Celia
Celia

Sams club and BJs take Discover and you can use it on Costco.com

Midnight
Midnight

Sam’s and BJs should take Discover. Only Costco doesn’t

AllenW
AllenW

I welcome the gas ones. It drives the market place for cheaper gas gift cards so others can get 10-20% off.

James
James

There’s only one wholesale club that doesn’t take Discover, called Costco. The others work just fine.

anthonyjh21
anthonyjh21

The DoC demographic is traditionally very meh towards wholesale clubs which makes sense if you don’t have kids. Seeing as we have two, going on three kids I’m always happy to see wholesale clubs included and I’m sure I’m not alone otherwise they wouldn’t continue to offer it as a category.

Two other thoughts. Use Discover to buy Costco shop cards online for in Warehouse use. Discover doesn’t work with the Dosh app so you’ll not be able to stack discounts at Sam’s.

EDIT: So much complaining, yikes. I’m just happy the 5x/5% cards still exist seeing as they’re essentially loss leaders. First word problems y’all.

Ryan
Ryan

What’s the general strategy for maxing out PayPal? I usually just pay myself, eat the fee and pocket the difference but there has to be a better method. I usually don’t spend enough organically online to hit anywhere near the max.

MissMBA
MissMBA

Shop online at places that allow you to pay with Paypal. Rather than check out with your credit card directly go through Paypal.

SF
SF

Previously I had thought this was an issue, but for some reason Paypal stopped charging me fees when I pay via a credit card now

Kyle ❤️

To pay a merchant with credit card there is no fee for the purchaser. When sending money to friends and family via credit card it charges a 2.9% fee + $0.30 per transaction.

Guy who buys stuff
Guy who buys stuff

Where’s the MS oppo for Q4? (I have a 5% AMZN card.)

Gerald
Gerald

Walmart.com sells $200 Vanilla Visas for $206.98. Not too exciting when I can get $200 Visa or MC gift cards for $200 at Staples and get 5X UR with Ink Cash.

Kevin
Kevin

good

SamL
SamL

I’m finding that with multiple BoA CR cards, and PR/PH, getting 5.25% on multiple categories, these 5% cards have become irrelevant.

AB
AB

I just dont see the value in parking that much money in a zero interest BofA account or a high fee investment account.

Getting a net 0.25% cash back isn’t worth it.

Avi
Avi

It doesn’t need to be in a high fee investment account. A regular Merrill Edge account will do and you can invest in anything with no additional fees.

Eric M.
Eric M.

I liked it better when Q2 was home improvement but I appreciate the full calendar ahead of time.

Kevin N
Kevin N

Can someone confirm buying Costco gift cards online will categorize as wholesale clubs? ABOC did not when I put on $1k and only got back 1%. Beware online gift cards purchase don’t count also with Home improvement category as in the case of Home Depot and Lowe’s when used ABOC.

Celia
Celia

I have done it every time the category comes up with Discover and it counts. Best probably to test in the beginning of the quarter if you’re worried.

googlre10
googlre10

Q3 seems good cashback with Paypal.

Back to Top ↑