Discover is offering 5% back on Amazon and Target this quarter on up to $1,500. An r/churning member notes that Amazon Pay transactions work to trigger the 5% cash back rate.
You can see a list of merchants who accept Amazon Pay here. No major retailers there, but some names you’ll recognize. Anyway, keep it in the back of your mind in case you ever see the Amazon Pay option at checkout somewhere this quarter. Let us know if you have a more creative way to make use of this.
I remember back in the day lots of us cashed out our Discover 5% categories by sending money to someone else free with Amazon Payments. The Send Money feature doesn’t exist anymore, but you can still use Amazon Pay at some merchants and max out that way.
While Target and Amazon are popular merchants where I’ll be doing lots of shopping regardless, it’s not necessarily easy to get value from the category for those who have the Target REDcard and the Amazon Prime card which get 5% back anyway. We wrote a tip about using it to buy Target gift cards when they run their annual sale. This Amazon Payments method is an additional option.
See also Q4 2017 5% Quarterly Categories: Activate, Offers & Suggestions (Freedom, Discover, Dividend, Cash+)
