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Tiered Cash Back: These cards offer higher cash back rates for specific spending categories, like groceries, dining, or gas. For instance, you could earn 3% on groceries, 2% on dining, and 1% on ...
5 out of 5 Overall. Key Features. Variable cash back offers. Unique bonus program. No foreign transaction fees. Get Details. Discover it Cash Back is one of the best credit cards with no annual ...
Bonus Category Cash Back. When you use a bonus category cash back card, you will see cards that offer elevated reward benefits, likely between 3% and 5%, on specific categories you can use year-round.
When launched, Discover did not charge an annual fee and offered a higher-than-normal credit limit. A subsequent innovation was "Cashback Bonus" on purchases. [1] Most cards with the Discover brand are issued by Discover Bank, formerly the Greenwood Trust Company. Discover transactions are processed through the Discover Network payment network.
On September 1, 2002, Discover announced that Citibank would accept the Discover® Card for cash advances at its approximately 450 Financial Centers and more than 2,000 ATM locations nationwide. [23] In 2003, Discover introduced gas and miles rewards cards. The Gasoline Card (renamed Open Road in 2007) awarded 5% Cashback Bonus on gas purchases.
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