HIGH CASH BACK

Discover Rotating Categories 2012

Remarks: 

• Redeem Cashback Bonus for Gift cards, Merchandise, or just cash in the form of a direct deposit to your bank account or a credit to your Discover card account in $50 increments, starting at $50. What I like about their cash rebates is that you can double the value of your rebates by redeeming them for certain gift cards (over 100 partner stores).
• You can get up to 20% Cashback Bonus at popular retailers when you shop online through Discover.com.
• You must sign up (it’s free and you can do it online or through the phone) for each 5% program! Also, if you spend more than the specified amount for each 5% program, the excess will automatically earn up to 1% cash back.
• If you spend more than $3,000 a year then only you will receive 1% cash back. Once you have crossed $ 3000 threshold, then you start receiving only 1% cash back on all your purchases made after first $3,000 during the year. All other purchases that are part of your first $3,000 earn only 0.25% (yes, that’s quarter percentage only).
• Earn 5% cash back on up to $1,500 in purchases at Department Stores and on ALL online shopping through December. It’s free and easy to sign up.
• 0% APR on  Balance Transfers for 18 Months and 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 10.99% – 20.99%* will apply – this is great for stoozers.
• $0 Fraud Liability. You’re never responsible for unauthorized charges on your Discover card account, plus mobile and email fraud alert options.
• Basically a Great Card if you have low spending and are looking strictly for Cash Back otherwise I would go with any of the cards in the Hot Deals Section