Camille H, Duncansville, PA:
In the spring I spent $200 in summer clothes for the kids, and $200 on home improvement items. This June, I will plan to do $200 in grocery shopping with my Discover Card. Over the summer I will definitely have the $300 in gas and hotel from vacationing. So in total I will receive $45 cash back to pay the bill! That’s awesome! 5% cash back makes it worth planning to spend with my Discover Card what already needs bought. With five boys it takes a Discover Card!
You spent $900 to get $45? Do you pay off the balance in full every month? If not, the interest alone will wipe out any “bonus”.