While most credit card have pretty structured reward categories, the Discover IT card has rotating categories. This means that every 3 months (every quarter), the 5% category changes at Discover’s discretion. Unlike the Chase Freedom card, which has a similar reward structure, we know ahead of time what the reward categories will be. While we already had a list of the categories for Q3 and Q4 of 2019, it looks like Discover is adding to those lists.
As far as we knew, Q3 was going to offer 5% back on restaurants, and Q4 was going to offer 5% back on amazon.com purchases. Now though, if you check out Discover’s website, you’ll see some new additions to these categories. Q3 will also reward you for paypal purchases, and Q4 will also reward you for Walmart and Target purchases.
It’s nice to see some more additions to the reward categories. It’s not always easy to maximize each and every quarter if you don’t shop at those specific places. For instance, Q3 would offer 5% back at restaurants, but if you don’t go out to eat too often, you can’t really maximize that quarter. With the new addition of PayPal for Q3, you’ll have more opportunities to max out that quarterly limit of $1,500.
It’s nice to know these ahead of time so you can really plan out some major purchases. Let’s hope that we see some competitive categories for these cards in the future!
What do you think of these additions to the Discover IT? Let us know below!