Introduction
Are you a fan of cash back rewards? If so, you may be interested in the Discover Cash Back Calendar for 2024. This calendar outlines the different categories that will earn you bonus cash back each quarter of the year. In this article, we’ll take a closer look at the 2024 calendar and answer some common questions about the program.
What is the Discover Cash Back Calendar?
The Discover Cash Back Calendar is a program offered by Discover credit cards that allows cardholders to earn bonus cash back on purchases in specific categories each quarter. The categories change every three months, and the calendar outlines which categories will earn you bonus cash back in each quarter of the year.
How does the program work?
Each quarter, Discover will announce the categories that qualify for bonus cash back. You will earn the bonus cash back on up to $1,500 in purchases in those categories. After you reach the $1,500 limit, you will earn the standard cash back rate on those purchases for the rest of the quarter. The standard cash back rate is typically 1% cash back on all purchases, but some cards may offer higher rates for specific categories.
Discover Cash Back Calendar 2024 Categories
The categories for the Discover Cash Back Calendar 2024 are as follows:
- January – March: Grocery stores, pharmacies, and select streaming services
- April – June: Gas stations, wholesale clubs, and select streaming services
- July – September: Restaurants and PayPal
- October – December: Amazon.com, Target.com, and Walmart.com
FAQs
What credit cards are eligible for the Discover Cash Back Calendar?
All Discover credit cards are eligible for the Cash Back Calendar program, including the Discover it Cash Back, Discover it Miles, and Discover it Chrome cards.
Do I need to sign up for the Cash Back Calendar each quarter?
No, you do not need to sign up for the Cash Back Calendar each quarter. As long as you have a Discover credit card, you will automatically earn the bonus cash back on qualifying purchases in the categories for that quarter.
Is there a limit to how much cash back I can earn?
There is no limit to how much cash back you can earn overall, but there is a limit to how much bonus cash back you can earn in each category each quarter. The limit is $1,500 in purchases for each category.
What happens if I make a purchase that doesn’t qualify for bonus cash back?
You will still earn the standard cash back rate on purchases that do not qualify for bonus cash back. The standard rate is typically 1% cash back on all purchases, but some cards may offer higher rates for specific categories.
Can I use my Discover cash back to pay my credit card bill?
Yes, you can use your Discover cash back to pay your credit card bill. You can also redeem your cash back for statement credits, gift cards, or merchandise.
Conclusion
The Discover Cash Back Calendar for 2024 offers a great opportunity to earn bonus cash back on purchases in specific categories throughout the year. Whether you’re a fan of groceries, gas stations, or online shopping, there’s a category for you. Make sure to check the calendar each quarter to take advantage of the bonus cash back offers.