![]() ![]() Let’s say you own both a Discover It card & a Chase Freedom Flex card. While the Discover It & Chase Freedom cards are solid no-annual fee credit cards, they are even better when combined with other cards (including each other). Cardholders must wait for upcoming bonus categories to be released every quarter. Unlike Discover, Chase does not publish their entire calendar of bonuses at the same time. For example, both Discover & Chase are offering 5% cashback on grocery store spend in Q1 2022. The Discover It card directly competes with Chase’s Freedom & Freedom Flex credit cards which follow a similar quarterly rotating category model.Īs someone who holds all three of these, I find that Discover’s quarterly category can sometimes overlap with Chase’s current bonus category. Including Apple Pay, Google Pay, Samsung Pay, and Garmin Payĭiscover vs Chase: The Battle of the 5% Calendars.Q4 (October-December): and Digital Wallets.Q3 (July-September): Restaurants and PayPal.Q2 (April-June): Gas Stations and Target.Q1 (January-March): Grocery Stores & Fitness Clubs/Gym Memberships.Here are each of the spending categories that earn 5% cashback with Discover it cards: ![]() Unlike Chase, Discover publishes their entire 2022 calendar of quarterly rotating categories at the very beginning of the year. You can activate your bonus via Discover’s website or the app. One thing to note: cardholders must activate your bonus every quarter in order to earn your 5% cashback. The 5% categories are generally relevant to the average spender, so you will likely find yourself earning bonus cashback every quarter. For the first three months of 2022, Discover It cardholders are earning 5% cashback at grocery stores & gyms (including virtual & in-person fitness clubs). Any additional spend beyond the $1,500 limit will only earn you 1%.ĭiscover usually picks two separate categories per quarter to earn the 5% bonus. This quarterly bonus is capped after spending $1,500 each quarter (earning you a total of $75 in cashback). What are 5% rotating categories?ĭiscover It cardholders receive 5% cashback on specific spending categories that rotate every quarter (you earn 1% cashback on any non-bonus spend). Discover has published their 5% Cashback Calendar for 2022! If you hold a Discover It card (or are interested in applying for one), here is everything you need to know about taking advantage of Discover’s rotating 5% cashback categories. ![]()
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