Hari P, Irvine, CA:
I was fooled on several occassions by discover because I failed to read the fine prints.
1) The 1% they claim is after 3000 $ spend. Until that point you get only .25%. I realized it only after my first statement and after spending 1000$
2) The 5% has cap. and when they say cap, it is purchase cap and not refund cap. So from OCT-DEC they say 300$ cap for 5%.. which looked okay to me until I realized at the end of DEC that I had spend 1000$ on the categories and got only 15$ because the 300 is on purchase.. (which gives you a max 15$ …
If you like cash backs, go with [another card] with very clear rules…no fine pritns… At discover, These guys just fool you.