I’m getting 19.6% back for every dollar spent on Starbucks until July 2018!

I’ve already outlined how you can get 10% cash back at Starbucks through June 2018 and I have also already shown how I get an effective 19.1% cash back on all my Starbucks spend year round without any special promotions.  But, now I have realized I am doing even better with a guaranteed 19.6% back for every dollar spent at Starbucks until July 2018!

Thanks to Discover Card and its cash back match whereby at the end of the first year of card membership Discover will double all the cash back earned on that card during the first year. This double cash back definitely applies to the rotating quarterly 5% bonus categories, which include Target in 2017 Q4, Gas Stations in 2018 Q1, and grocery stores in 2018 Q2. The key thing here is that all of those places sell Starbucks gift cards so by purchasing Starbucks gift cards with my first-year Discover card at one of the bonus category merchants for that quarter, loading it onto my Starbucks rewards account, and getting Starbucks rewards stars for my purchase I effectively get 10% cash back from Discover for purchasing the gift cards (5% now and 5% later) then another 9.6% in value back from the stars, which gives me 19.6 cents back for every dollar spent on Starbucks from now until the end of July. #Winning

Of course this isn’t even accounting for any rewards earned from gas station rewards programs (i.e. Plenti points for purchases at Exxon-Mobil) or from grocery store fuel credits. Once factoring the bonuses earned via those programs for purchasing the Starbucks gift cards the effective rate of return could get even more supercharged! My quick back of the napkin calculations indicate that I would probably get another 1 cent per dollar in value so that could up this whole thing to 20.6% back.  Not too shabby for such minimal work of buying a gift card while at the gas station or grocery store anyways and loading it onto my Starbucks phone app.

If you don’t yet have a Discover card or have only one and haven’t gotten one in over a year then go ahead and apply for a new Discover card now so that you can grab 10% cash back at Amazon & Target and even Starbucks before the year is over and be prepared for next year’s great line-up of 5% categories (doubled to an effective rate of 10% via the end of first year cash back match).

It’s a no annual fee card and Discover has the best customer service of any of my many credit cards. Best of all, I’ll get about $1,000 of benefit from the sign-up bonus doubling all cash back earned in the first year of card membership. That’s simply unbeatable for a no annual fee card!

Of course, if you have fewer than 5 new card approvals in the past 24 months you probably want to read through my post on The First Cards to Get before jumping on this great Discover opportunity.

If you choose to apply for this card then I’d be super appreciative if you used my direct link to the offer where you’ll get a $50 sign-up bonus and all cash back from the first year doubled after your first card anniversary.  In the interest of full disclosure, like all current cardholders, I’m eligible to earn $50 for each (up to 10) of my referrals that get approved after using my link.  We’d both get a $50 bonus! Like I said, I’d certainly be appreciative if you click through using my link for the Discover Card that’ll get you a $50 bonus and a year of cash back doubled

How I’m Getting 10% Cash Back at Amazon Until 2018

For the rest of 2017 I am getting 10% cash back at Amazon (and Target, too!) with a limit of up to $1,500 spent. This is because the Discover bonus 5% cash back category has been Target and Amazon for the entire last quarter of 2017. For those who don’t know, that means after I register for the quarter’s 5% category via my account homepage on discover.com or via the Discover smartphone app I earn 5% cash back on all purchases at those designated stores on up to $1,500 in spend. But that’s not 10%, you say…

Well, since I am still in the first year of that card account and Discover doubles all the cash back earned within the first year of membership that means the 5% cash back is really 5% cash back on my next statement plus another 5% cash back on my 13th account statement (one month after my first year account anniversary) effectively making it 10% cash back at Target and Amazon for me for the entire 4th quarter of 2017.

You, too, can get in on the 10% cash back at Amazon deal!

Once 2018 arrives the Discover 5% category switches to Gas Stations and Wholesale clubs for the first quarter 2018 so in addition to using my new Discover card for gas I’ll buy immediate use gift cards at gas stations to effectively get 10% cash back at a whole host of places.

In addition, I frequently use their online shopping portal Discover Deals to purchase items we were going to purchase anyways and get a pre-set cash back rate –often 5% – while doing so and of course that will also be doubled at the end of my first year. This is great for wedding/baby registries, clothing stores, Bed Bath & Beyond, etc. as it’s a year-round 10% cash back and I can still each individual store’s coupons, discount codes, free shipping deals etc. I’ll even try clothes on at my nearby store and then return home to purchase them online after click through from the Discover Deals portal.

So, if you don’t yet have a Discover card or have only one and haven’t gotten one in over a year then go ahead and apply for a new Discover card now so that you can grab 10% cash back at Amazon & Target before the year is over and be prepared for next year’s great line-up of 5% categories, too.

Of course, if you have fewer than 5 new card approvals in the past 24 months you probably want to read through my post on The First Cards to Get before jumping on this great Discover opportunity.

It’s a no annual fee card and Discover has the best customer service of any of my many credit cards. Best of all, I’ll get about $1,000 of benefit from the sign-up bonus, which is doubling all cash back earned in the first year of card membership. That’s simply unbeatable for a no annual fee card!

If you choose to apply for this card then I’d be super appreciative if you used my direct link to the offer. In the interest of full disclosure, like all current cardholders, I’m eligible to earn $50 for each (up to 10) of my referrals that get approved after using my link but by using the link you’ll also get a $50 sign-up bonus  on top of the cash back match. Like I said, I’d certainly be appreciative if you click through using my Discover Cash Back Card link.

Get 10% Cash Back at Starbucks with Discover Card until July 2018

 

 

 

 

For the fourth quarter of 2017 the Discover-it bonus 5% cash back category has been Target and Amazon. For those who don’t know that means after registering via the account homepage on discover.com or via the Discover smartphone app I earn 5% cash back on all purchases at those designated stores up to $1,500 in spend. Since I am still in the first year of that card account and Discover doubles all* the cash back earned within the first year of membership that means the 5% cash back is really 5% cash back on my next statement plus another 5% cash back on my 13th account statement (1-month after my first year account anniversary) effectively making it 10% cash back at Target and Amazon for me for the entire 4th quarter of 2017.

I certainly spend money at Amazon and I can easily shift some of my grocery store spend to Target during the quarter but I usually don’t spend $1,500 at those places in that time span. BUT Target sells gift cards and one place where I regularly (i.e. predictably and reliably) spend money is Starbucks. I don’t spend $1,500 at Starbucks in 4-months either but I do spend money there frequently enough that I can buy gift cards at Target and use them within a couple weeks without tying up my money in advance purchase gift cards for an unknown amount of time until I cash them out.

Once I max out the $1,500 – I’m within about $75 of maxing it out for this quarter – I will use my older Discover card and “settle” for getting just 5% cash back on all purchases at Target and Amazon and thus at Starbucks, too.  Once 2018 arrives the Discover 5% category switches to Gas Stations and Wholesale clubs for the first quarter and then grocery stores for the second quarter of 2018 so in addition to using my new Discover card for gas and at grocery stores in the respective quarters I’ll buy immediate use gift cards at to keep the 10%-cash-back-at-Starbucks train rolling.

Oh, and I frequently use their online shopping portal Discover Deals to purchase items we were going to purchase anyways and get 5% cash back while doing so and of course that will also be doubled at the end of my first year. This is great for wedding/baby registries, clothing stores, Bed Bath & Beyond, etc. as it’s a year-round 10% cash back and I can still use each individual store’s coupons, discount codes, free shipping deals etc. I’ll even try clothes on at my nearby store and then return home to purchase them online after click through from the Discover Deals portal if the cost of shipping isn’t more expensive than the cash back earned.

So, if you don’t yet have a Discover card or have only one and haven’t gotten one in over a year then go ahead and apply for a new Discover card now so that you can get a $50 statement credit and grab 10% cash back at Amazon & Target and even Starbucks before the year is over and be prepared for next year’s great line-up of 5% categories, too.

It’s a no annual fee card and Discover has the best customer service of any of my many credit cards. Best of all, I’ll get about $1,000 of benefit from the sign-up bonus, which is doubling all cash back earned in the first year of card membership. That’s simply unbeatable for a no annual fee card!

Of course, if you have fewer than 5 new card approvals in the past 24 months you probably want to read through my post on The First Cards to Get before jumping on this great Discover opportunity.

If you choose to apply for this card then I’d be super appreciative if you used my direct link to the offer where you’ll get a $50 sign-up bonus and all cash back from the first year doubled after your first card anniversary.  In the interest of full disclosure, like all current cardholders, I’m eligible to earn $50 for each (up to 10) of my referrals that get approved after using my link. We’d both get a $50 bonus! Like I said, I’d certainly be appreciative if you click through using my link for the Discover Card that’ll get you a $50 bonus and a year of cash back doubled.