Cash back in Rotating Bonus Categories

Cash back in Rotating Bonus Categories

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Discover’s cash-back categories include select streaming services, grocery shops, and drugstores.

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  • The Discover it® Cash Back and the Discover it® Student Cash Back offer 5% cash-back bonus categories that change every three months.
  • In previous years, Discover would release the entire year of bonus categories in one go, but now they’re taking the Chase Freedom Flex℠ approach and releasing quarterly.   
  • Q1 2023 (January through March): The Discover rotating categories include grocery stores, drugstores, and select streaming service providers.
  • Read Insider’s guide to the best rewards credit cards.

If you want to get the most out your investment, cash-back credit cardThis year, you should be aware of different earning structures. Some cards offer a flat cash-back rateFor all purchases, some include extra rewards in certain categories and a few (like some). Discover cards) offer increased earnings in quarterly rotating bonus categories. 

The Discover it® Cash Back Discover it® Student Cash BackThese are our top two favorite reward cards students, college graduatesPeople who are new to credit. Cardholders get 5% cash back for purchases up to $1,500 in combined bonus categories (then 1%), which change every three months once activated. All other purchases earn 1% back.

Compare the Discover it® Cash Back and Discover it® Student Cash Back

  • Discover it® Cash Back

  • Discover it® Student Cash Back

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Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year

Everyday purchases at different places, such as Amazon.com and grocery stores, restaurants and gas stations, earn 5% cash back up to the quarterly maximum once you activate. All other purchases earn unlimited 1% cashback

Unlimited Cashback Match available only at Discover Discover will match all cash back earned during your first year.

Earn 5% cashback on all purchases made at different places each quarter, including Amazon.com and grocery stores, restaurants, gas stations, and other retail outlets. You can activate for the maximum quarterly amount. All other purchases earn unlimited 1% cashback

Discover will be announcing quarterly bonus categories instead of one announcement in 2023. Once you activate the 5% Bonus through your Discover online accountThe bonus will be effective from the day you activate it (from Oct 1 to Dec 31, 2022, you can earn 5% Cash Back at Amazon.com, and on digital wallets for purchases up to $1500 after enrollment, then 1%). 

We are focusing on the perks and rewards that each card offers. If you are paying interest or late charges, these cards won’t be worthwhile. It is important to pay your credit card in full each month, make timely payments, and only spend what you are able to afford.

It cash back calendar 2023

Discover Discover it® Cash Back


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Reward Program

Everyday purchases at different places, such as Amazon.com and grocery stores, restaurants, gas stations and restaurants, earn 5% cash back up to the quarterly maximum once you activate. All other purchases earn unlimited 1% cashback

Discover Discover it® Cash Back


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Rewards

Everyday purchases at different places, such as Amazon.com and grocery stores, restaurants, gas stations, etc., earn you 5% cash back up to the quarterly maximum once you activate. All other purchases earn unlimited 1% cashback


Reward Program

You can earn 5% cashback on your everyday purchases at various places every quarter, such as Amazon.com, grocery shops, restaurants, gas stations, and other retail outlets. This is up to the quarterly maximum if you activate. All other purchases earn unlimited 1% cashback


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Recommendation Credit

Good to Excellent

Recommended credit score When considering your application, credit card lenders might use a variety credit score models.

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APR (Annual Percentage Rate):

Variable between 15.74% and 26.74%


Intro Annual Percentage Rate (APR)

Buys and balance transfers at 0% intro APR for 15 month

Editor’s rating

4.42/5

Our editors’ ratings examine fees, bonuses and rewards to highlight the best credit cards.

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Starting January 1, 2023, Discover it® Cash Back, Discover it® Student Cash Back, and Discover More® (no longer available to new applicants) cardholders can earn bonus cash back on purchases made from three popular everyday bonus categories: grocery stores, drug stores, and select streaming services (through March 31, 2023). 

Remember that your 5% reward earnings will be limited after the first $1.500 is spent on combined purchases each quarter. You also have the option to receive a 5% reward for every $1,500 you spend on combined purchases each quarter. mustYou must activate the bonus to your account in order for you to earn the cashback (otherwise 1%). 

Here’s how it works:

Grocery store purchases at Walmart and Target, as well as wholesale clubs, convenience stores, supercenters, and convenience stores, are not eligible for 5% cash back.

Target was one of the quarterly bonus categories last year, so it’s possible that we’ll see a revival of this category later in 2018. Target purchases are currently eligible for 1% cashback. 

This bonus category has no restrictions. If you spend a lot at drugstores, this bonus category is for you. 

The Discover it® Cash Back, Discover it® Student Cash Back, and the Discover More® Card can also earn 5% cash back on purchases from select streaming services, but some restrictions may apply.

If your subscription is bundled with another product or service, or billed by a third party, you may not be eligible for the rotating category bonus. The same goes for add-ons if they aren’t listed, billed in a bundle, separately, or through a third party. 

In 2022, we saw Discover cash back categories like gas stations, Target, fitness club/gym memberships, restaurants, and Amazon.com. Although we don’t know what the future holds, it’s safe to assume that the lineup for the rest of 2023 will likely look similar. 

Previous Discover rotating categories

You can still activate Discover’s bonus categories for the remainder of Q4 (October to December) 2022. The following were the rotating categories for 2022:

Q1 2022: January – March

Q2 2022: April – June

Q3 2022: July – September

Q4 2022: October – December

How to redeem Discover cashback rewards

Discover Discover it® Student Cash Back

Discover it® Student Cash Back


Intro offer

Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.

Discover Discover it® Student Cash Back

Discover it® Student Cash Back


Intro offer

Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.


Intro offer

Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year


Recommended Credit

Fair/New to Credit

Recommended credit score. Note that credit card lenders may use many different variations of credit score models when considering your application.

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Regular Annual Percentage Rate (APR)

16.74% – 25.74% Variable


Intro Annual Percentage Rate (APR)

0% intro APR for 6 months on purchases

Editor’s Rating

5/5

Our editor’s ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

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Discover offers more redemption options that many people realize. You can use rewards from your cash-back credit card to pay your bill as a statement credit, or request a direct transfer to your bank account. redeem them toward AmazonPayPal and cash them in for gift certificates from selected retailers.

You can also donate your rewards to select charities, including:

  • American Cancer Society
  • ASPCA
  • American Red Cross
  • Carbonfund.org
  • Children’s Miracle Network
  • Junior Achievement
  • Juvenile Diabetes Research Foundation
  • Make-A-Wish
  • Operation Homefront
  • World Wildlife Fund

Other cards with rotating categories you might consider

Chase Chase Freedom Flex℠


Intro offer

$200 after spending $500 on purchases within the first three months of account opening


Reward Program

Each quarter you activate, get 5% cashback on up to $1500 in combined purchases in bonus category. 5% cash back on travel purchased through Chase Ultimate Rewards®. Chase Ultimate Rewards(r) offers a 3% cashback on purchases at drugstores and restaurants, as well as unlimited 1% cashback on all other purchases.

Chase Chase Freedom Flex℠


Intro offer

$200 after spending $500 on purchases within the first three months of account opening


Rewards

Each quarter you activate, receive 5% cash back on purchases up to $1500 in bonus categories. 5% cash back on travel purchased through Chase Ultimate Rewards®. Chase Ultimate Rewards(r), 5% cash back on travel purchases, including dining at restaurants and eligible delivery services, and 3% cash back for drugstore purchases. Unlimited 1% cashback for all other purchases


Reward Program

Each quarter you activate, get 5% cashback on up to $1500 in combined purchases in bonus category. 5% cash back on travel purchased through Chase Ultimate Rewards®. Get 3% cash back on purchases in drugstores and at restaurants, plus unlimited 1% cashback for all other purchases.


Intro offer

$200 after spending $500 on purchases within the first three months of account opening


Recommendation Credit

Excellent to Good


APR (Annual Percentage Rate):

17.99% – 26.74% Variable


Intro Annual Percentage Rate (APR)

Purchases and balance transfers in the first 15 month at 0% Intro APR

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If you like the idea that you could earn a bonus in categories that change each quarter, then you should consider the Chase Freedom Flex℠. Like its predecessor, the Chase Freedom®
The following is no longer available to applicants no-annual-fee Chase Freedom Flex℠ offers 5% cash back in rotating categoriesAfter activation, they are often different than Discover’s in a given quarter. The Chase Freedom bonus categories for Q4 2022 are Walmart and PayPal.

Chase Freedom Flex gives you 5% back (5x) Chase Ultimate Rewards® points) on up to $1,500 spent in combined quarterly bonus categories after activation (then 1%), 5% back on travel purchases made through Chase Ultimate Rewards3% back on dining and drugstore purchases and 1% on all other purchases. Like Discover, Chase Freedom Flex rewards can be used to redeem Chase Freedom Flex points for statement credits and cash back as well as gift cards and merchandise.

If you also have a Chase Sapphire Preferred® CardChase Sapphire Reserve®Or Ink Business Preferred® Credit Card, you can turn your cash back into Chase Ultimate Rewards pointsUnlock more redemption options, such as the possibility of transferring points. Chase’s airline and hotel partnersLike United Airlines Hyatt.

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