Do you love extra cash? Bonus money? An unexpected windfall? Who doesn’t, right? You may be missing out on extra cash in your pocket if you aren’t taking full advantage of Cashback Rewards. When you use your credit card’s Cashback Bonus program it’s an easy way to earn money on purchases you already plan to make. It’s like making free money!
The best part? You can use those funds to pay off some of your purchases-essentially giving yourself a discount on everything you buy. For smart shoppers and savvy household CFOs this is a great way to save big.
Our sponsor, Discover, offers a rotating Cashback Bonus program. You can get 5% Cashback on purchases for a variety of categories throughout the year. It’s a useful tool to help you earn more Cashback and optimize your savings.
This quarter Discover’s 5% Cashback Bonus program began on April 1st and will go through June 30, 2015. Cardmembers can earn 5% Cashback Bonus on Restaurant and Movie purchases when they activate their 5% Cashback Bonus this quarter. That’s a lot of extra dough!
This quarter’s Cashback Bonus is from qualifying restaurants and movie purchases. According to Discover restaurant purchases are those made at merchants classified as full-service restaurants, cafes, cafeterias and fast food locations. Movie purchases are those made at merchants classified as movie theaters, video rental stores, and online movie ticket services.
Here’s how you can get the most for your money with Discover’s Cashback Bonus:
- Sign up for a Discover card if you aren’t already a cardmember.
- Activate your Cashback Bonus for this quarter.
- Find ways to spend on the Restaurant and Movie categories. While I’m all about a budget, you can and should find some extra ways to earn Cashback.
5 Ways To Earn More Cashback Bonus
1. Gift Yourself
Buy movie gift certificates or a restaurant gift card to use throughout the year for big savings. You can purchase a gift card, certificates, or a membership pass (available at certain movie theatres) to use all year long. Use this tip and you’ll get your Cashback Bonus, great meals all year, and this summer’s blockbusters, too.
2. Stack Your Savings
Use Discover Deals or your Discover app to find additional savings and coupons for select restaurants. You will not only earn 5% Cashback Bonus, but you’ll save on your meal, too.
3. Pay For The Group
When going out with friends or family offer to buy everyone’s movie tickets online, or put the meal on your credit card. They can repay you with cash or an online transfer, and you get to keep the extra Cashback Bonus!
4. Gift Others
It’s not often that a month goes by without you having to purchase a gift. Whether it’s a birthday, anniversary, celebration, or Mother’s or Father’s Day you can gift others and earn Cashback Bonus at the same time. Take your loved ones out for a meal or movie, or purchase restaurant or movie gifts. You can do this for friends, family, or even end of year gifts for your child’s teachers. The possibilities are endless!
5. Date Night Saving
Date night is a great way for you to get out of the house and spend some one on one time with your spouse or partner. Take advantage of savings by planning a movie and date night (see my tips for saving on a movie and dinner here) and use your Discover card to earn Cashback Bonus, too.
Ways to Redeem your Cashback Bonus
Now that you’ve earned your Cashback Bonus how are you going to spend it?
- Turn your Cashback Bonus into bigger rewards every time you redeem for gift cards from over 150 brand-name partners.
- Pay with Cashback Bonus instantly at checkout at top online retailers like Amazon.com.
- Donate to charity and give back.
- Credit your Discover Card account.
- Get an electronic deposit to your bank account.
Where are you planning to earn your Cashback Bonus?
Kelly
Disclosure: This is a sponsored post on behalf of Discover’s Preferred Blogger Network. All opinions are my own.
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