If you are a Discover credit cardholder, you know that one of the major benefits of using your card is the ability to earn rewards. With the Discover rewards program, you can earn cashback on your purchases, redeemable for statement credits, gift cards, or direct deposits to your bank account. But did you know that Discover also offers a rewards calendar that can help you earn even more rewards?
Table of Contents
Table of Contents
The Basics of Discover Credit Card Rewards
If you are a Discover credit cardholder, you know that one of the major benefits of using your card is the ability to earn rewards. With the Discover rewards program, you can earn cashback on your purchases, redeemable for statement credits, gift cards, or direct deposits to your bank account. But did you know that Discover also offers a rewards calendar that can help you earn even more rewards?
The Discover rewards calendar is a schedule of bonus reward categories that change every quarter. By using your Discover card to make purchases in these categories, you can earn higher cashback rates than the standard rewards rate. But what categories will be eligible in 2024?
Discover Credit Card Rewards Calendar 2024: What to Expect
The 2024 Discover rewards calendar has not been released yet, but based on past calendars, we can make some educated guesses about what categories might be included. For example, in previous years, the first quarter has often included popular categories like grocery stores, wholesale clubs, and restaurants.
The second quarter has typically featured categories like home improvement stores, furniture stores, and movie theaters. The third quarter may include categories like gas stations, rideshares, and streaming services. Finally, the fourth quarter often includes categories like Amazon.com, department stores, and home improvement stores.
Q&A: How Do I Use the Discover Rewards Calendar?
Q: Do I need to sign up for the rewards calendar?
A: No, all Discover cardholders are automatically eligible to participate in the rewards calendar. Simply use your card to make purchases in the eligible categories during the specified quarter to earn the bonus rewards.
Q: Is there a limit to how much cashback I can earn?
A: Yes, there is a limit to how much cashback you can earn in bonus categories. The limit varies depending on the specific promotion, so be sure to check the details of each quarter's rewards calendar.
Q: What happens if I make a purchase outside of the bonus categories?
A: You will still earn the standard cashback rate on all purchases that do not fall within the bonus categories. So even if you don't use your Discover card exclusively for purchases in the bonus categories, you can still earn rewards on all your purchases.
Tips for Maximizing Your Discover Rewards
If you want to get the most out of your Discover rewards, here are some tips to keep in mind:
1. Check the rewards calendar regularly: The bonus categories change every quarter, so be sure to stay up to date on what categories are eligible.
2. Use your Discover card for everyday purchases: Even if a purchase doesn't fall within the bonus categories, you can still earn cashback at the standard rate.
3. Redeem your rewards strategically: Consider redeeming your rewards for statement credits or direct deposits to your bank account, rather than gift cards, which may have limited use.
4. Use multiple credit cards strategically: If you have other credit cards with different rewards programs, consider using them for purchases that don't fall within the bonus categories, to maximize your rewards across all your cards.
Conclusion
The Discover rewards calendar is a valuable tool for earning extra cashback on your purchases. By staying up to date on the quarterly bonus categories and using your Discover card strategically, you can maximize your rewards and get the most out of your credit card. Keep an eye out for the 2024 rewards calendar release, and start planning how you can earn even more rewards next year!
