Cynthia A, Round Lake Heights, IL:
I have been actively using my Discover card for a couple of years now and have ‘earned’ around $300 per year from it. I use it mostly for paying utilities, for the monthly specials, and for online purchases. The online purchases are the best way to make money with it, since the 5% does not depend on the initial $3000 from your annual anniversary date. I do wish they would provide itemized info about which purchases provided how much cashback. It’s really hard to guess, but then I guess if we realized we were only getting 80 cents back on an $80 purchase we might just stop using it for retail purchases in stores. It seems such a paltry amount. But it really does add up. We have been retired for 10 years and every little bit helps.