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NEWS And bad news at that.... it appears that the Restaurant and Home Improvement cards are no longer offered. Therefore I would assume that it is no longer to switch into them either. If you have one of those cards, you may consider just staying in the program because once you switch out, you'll probably never be able to switch back. (THANK YOU RECKONER!)

Please bump this posting if you like it. Thanks!

You probably already know that Discover offers several rewards programs which earn up to 5% Cash Back. <img src="i/expressions/face-icon-small-smile.gif" border=0> In addition to the standard purchase rewards, you can earn 5% in any one of the following categories
a. Gas Stations
b. Restaurants
c. Home Improvement Stores
d. "Get More" purchases (the rotating promotions on the basic platinum card).....

But did you know that any Discover cardholder (except Miles & Student cardholders) can change from one rewards program to another? All with only one credit card account, one call, and no credit check. It is simply a change in Discover's computer system.

Some reasons you may consider changing are if you
1) Have maxed out your 5% rewards for the year in your current program*
2) Change spending habits (ie start spending more in restaurants than on gas)
3) Have another card whose rewards overlap with Discover's

**********************Here's what to do******************************
Step 1: Choose the area where you will spend the most amount of money for the time being from the a,b,c,d list above.

Step 2: Once you have decided on your program, you just have to call 1-800-DISCOVER to tell them which rewards program you want to be in. The change in programs goes into effect at the close of your billing cycle for the month (listed on your bill), so you just have to make sure you plan a bit since the change doesn't happen immediately or by calendar month.

Step 3: Spend! You can switch as much as once a month and go back and forth between programs too. Your Cash Back Bonus reward will just keep on building until you decide to redeem.
****************************************************

*The maximum you can spend on your card earning the full 5% on selected purchases varies by card and Discover is in the midst of changing the program caps. Check the fine print of your own card or the one you are interested in to find out more. It is generally between $1,000-$2,500, however be careful because under some of the program rules, all purchases (even those earning you only .25%) will bring you closer to your cap. In that case, you may consider using your Discover card only in the areas which you earn a full 5%.

You start with a new cap each time you switch into a new program. If you switch out of one progam before you've spent up to the cap and go back later in the year you just pick up where you left off.

Discover may try to get you to just sign up for an additional account when you call to change. If you don't want to take the credit hit by getting a new card you don't have to. All of this can be done with one account. Some new CSR's might tell you that it is not possible to change, but just be persistent as it is. Enjoy!

Member Summary
Most Recent Posts
FFGuru said: <blockquote><hr><b>NEWS</b><br><br>It appears that the Restaurant and Home Improvement cards are no longer ... (more)

chokaay (Jan. 16, 2006 @ 9:48a) |

FFGuru said: <blockquote><hr>...<br><br>Hmmm, with all of the 5% offerings from Citi and Chase, Discover is really not b... (more)

poo (Jan. 16, 2006 @ 1:51p) |

Right now, Discover doesn't "pay" diddly-squat.<br><br>I'm shopping some new cards. I would have jumped and switched to ... (more)

Schweer (Feb. 20, 2006 @ 7:04p) |

FAQ's
1) Q: How many times can you switch? A: As much as once a month
2) Q: Can I go back and forth between programs? A: Yes, and if you go back to a program in less than a year, you just pick up where you left off in regards to the 5% cap.

when I've switched from Gas to Resaurants, I received a new card with the same #. Was told that I may not get 5% on restaurants until I get a new card. Waited about 10 days to receive it.

The only useful discover card is the one that gives 5% for restaurants.
Citi gives 5% Cash Back on gas(and it's accepted everywhere, while discover is not accepted at some gas stations) and use can get 20% off Home Depot & Lowes giftcards through dealpass.
If you really need to have 5% on home improvement, it's easer to just get 2 discover cards one for Restaurants and one for Home Improvement.

fotomaniak said: [Q]
Citi gives 5% Cash Back on gas(and it's accepted everywhere, while discover is not accepted at some gas stations)

I've yet to find a gas station that won't take my discover gas card.

If you actually shop at one of the stores that Discover has gift certificates for, you can actually get more than 5% back as well - use $20 and get a gift certificate for $25 or $40. I do miss the days when Staples doubled, though.

Yes, the Citi and Chase 5% cards are nice since there is more flexibility. Discover though, has its advantages too though.... especially if you already have Discover, and especially if you use Discover to supplement Citi or Chase....

1) Discover rewards can be doubled so you can feasibly earn 10% back..... albeit not everyone will shop at those stores, but at the very least you can get 6.25% back on your money with gift cards from Gap, Borders, Bed Bath and Beyond etc. That is better than Citi and Chase.

2) I'd still use Discover for Gas even if I have the Citi or Chase card. All of the cards have relatively low limits on rewards. If you use the Citi or Chase card solely most of us will max out the rewards program before the year ends. If you use Discover gas for part of the year, you won't max out so quick.

3) Citi and Chase are only for Gas, Grocery, & Drugs. So you don't earn 5% at restaurants, get more, or home improvement.

Moral of the story, it is smart to keep using Discover if you already have it. Then, decide if you are willing to take the credit hit to apply for Chase or Citi, (or Discover if you don't have it already)

Oh, and you will get new cards when you switch Discover programs... somewhat of a glitch in the system I guess. They are trying to change that though. I use the same card all of the time though and never activate the new ones, and I still get 5% where I request. The changes just happen at the end of the billing cycle.

I'm a bit confused on this one. If you max out your 5% rewards under one program and then switch to another program, do your tiers reset? I have a gas card that I have blown through the 5% tier on, and would switch it to the restaurant card if I would start anew in the 5% tier.

lsufanatic said: [Q]I'm a bit confused on this one. If you max out your 5% rewards under one program and then switch to another program, do your tiers reset? I have a gas card that I have blown through the 5% tier on, and would switch it to the restaurant card if I would start anew in the 5% tier.I believe it resets on your anniversary and when you switch, you will acquire everything (anniversary date, tier usage, Cash Back rewards, account no.) from the old card. Like someone said, you can even use the old card and never activate the new one ever (however I don't understand why anyone would prefer to do this).

The Gas card is pretty useless for me, since Discover will not make any effort to straighten incorrect gas card coding when a gas station incorrectly codes a pump purchase "supermarket". They say to take it up with the gas station to have it coded properly. They also say they will give a ONE time courtesy cash adjustment on your statement (not even CashBack where it can be doubled). So a solution for me was to switch to AT&T (5% gas and supermarket) for gas purchases, now every gas station earns the bonus whether it is coded gas or supermarket.

EDIT: Seems OP has a different take on cap. I thought we're working off one cap per anniversary period no matter how many cards you've been through (CSR told me that back in July). But instead OP is saying each specialty card will have its own cap, just when you switch back to an old card within the same anniversary period you are put back. Is this correct? I waited for nothing....argh

lsufanatic said: [Q]I'm a bit confused on this one. If you max out your 5% rewards under one program and then switch to another program, do your tiers reset? I have a gas card that I have blown through the 5% tier on, and would switch it to the restaurant card if I would start anew in the 5% tier.

Yes, your tiers reset when you change programs! Double check, but about 4-5 CSR's have told me the same thing. Your Cash Back awards balance carries over too.

******
Example: In less than a year, you spend $1,500 in gas so you are maxed out of earning 5% on gas....

so switch to restaurants (or whatever) and you start fresh, earning a full 5% on restaurants for your first $1,500 spent there then switch again.
********

Now, you wont earn 5% on gas again by switching back until the next year. But, if you switch out of a program before you maxed out earning 5% and come back to it later, you just pick up where you left off.

EDIT: The year runs from anniversary date to anniversary date. (of when you originally got a Discover card.)

Discover has paid me $75 in the past 3 months based on about $1,200 in spending in part due to this scheme.

FFGuru said: [Q]Can you provide a link for dealpass?

Oh, and you will get new cards when you switch Discover programs... somewhat of a glitch in the system I guess. They are trying to change that though. I use the same card all of the time though and never activate the new ones, and I still get 5% where I request. The changes just happen at the end of the billing cycle.

that's good to know, CSR who converted the card told me to wait for the new cards.

For dealpass serch for "giftcards for 80% face value" or something like that.

AFAIK, you can only do this 4 times a year.

Procter said: [Q]AFAIK, you can only do this 4 times a year.

You can only switch programs 4x's a year? They didn't tell me that. Where did you hear that? Still a pretty good deal though.

I just switched to the Get More promo. Too bad I found a better price on my computer at the mac store rather than online. Bummer. Thanks for the information Procter

FFGuru said: [Q]lsufanatic said: [Q]I'm a bit confused on this one. If you max out your 5% rewards under one program and then switch to another program, do your tiers reset? I have a gas card that I have blown through the 5% tier on, and would switch it to the restaurant card if I would start anew in the 5% tier.

Yes, your tiers reset when you change programs! Double check, but about 4-5 CSR's have told me the same thing. Your Cash Back awards balance carries over too.

******
Example: In less than a year, you spend $1,500 in gas so you are maxed out of earning 5% on gas....

so switch to restaurants (or whatever) and you start fresh, earning a full 5% on restaurants for your first $1,500 spent there then switch again.
********

Now, you wont earn 5% on gas again by switching back until the next year. But, if you switch out of a program before you maxed out earning 5% and come back to it later, you just pick up where you left off.

I think they start counting a year based on the date you switch into the given program

Discover has paid me $75 in the past 3 months based on about $1,200 in spending in part due to this scheme.I am still being told by yet another CSR that tiers DO NOT reset when changing over. You're still committed to the same $1500 limit on 5%, then 3% and so forth. I recently activated the Discover Home Improvement card from a Gas card and asked again. The CSR asked his supervisor and I got the same answer....no reset!!

I looked at the Discover site and I can't find any place that states what the Get More categories are on the standard platinum card. Anyone know?

dimplex2 said: [Q]I looked at the Discover site and I can't find any place that states what the Get More categories are on the standard platinum card. Anyone know?

The categories vary throughout the year, Discovercard will post the "current" promo on their website a little in advance and eligible customers have to sign up for that promo. Right now it is 5% back for restaurants, movies, and movie rentals (maximum $500 in purchases). Starting Nov. 25th it will be 5% back for online purchases (also maximum $500 in purchases). Who knows what the following promo will be. (and if someone does know the actual schedule for "Get More", I'd love to find out what that is)

I called today to switch from the gas rebate program to the restaurant rebate program. No problem with switching (and I believe I was told that the restaurant rebate would start over again) however the CSR said that I could never go back to the gas rebate. I'm guessing that she is wrong since many of you have switched back and forth.

Please note that costco.com accepts Discover and online purchases from them are eligible for the 5% get more promotion.... not limited to the .25% reward as listed in the credit agreement.

If you are not a member of Costco, they will charge you a 5% surcharge for the online purchases, but since this is offset by the Discover bonus, anyone with a Discover card can purchase something on costco.com without a surcharge.

I just completed conversion of my Gas Rebate card to Restaurant Rebate. It was quick and easy over the phone. Seems like the only other card that gives restaurant rebate is the citiMTVu card for students. And since I already have 6 credit cards as a student, I'm waiting a little while to apply for that one.

CLARIFICATION....

GOOD NEWS!! I asked Discover to clarify some of our questions from this forum. I told them that I would post their response at FW.com and here is the Discover response.

My questions
1) Is there a limit to how many times you can change rewards programs?
2) Once you leave one program, like gas, can you go back to it later in the year? What happens to the cap on how much you can earn in the program when you do that?
3) If in under a year I were to spend $1,500 on gas in the gas program, could I then switch to the restaurant program and have a full $1,500 in spending at 5% in that program.
4) Do the earning caps reset each calendar year, or 12 months from the time you start a program?
5) In general, is there any cap to the amount of Cash Back bonus you can earn if you keep switching programs?

Discover's answers.....

[Q]

Thank you for your recent inquiry regarding Cash Back bonus.

To start answering some questions, 1) no, there is no limit to how many times you can change rewards programs. 2) Once you leave a program, lets say, from platinum to gas within your cycle period and return back to platinum your Cash Back bonus will pick up on the last tier level you left off on. 3) Yes, in fact you can switch through every reward program we have available. 4) It would reset depending on the month you opened your card. So every cardmember is different. 5) There is no cap in Cash Back bonus.

If you need anything else, just let me know. Thanks for choosing to use Discover Card.


Sincerely,



XXXXXX XXXXXXX
Web Support Specialist

Discover, Discover Deskshop, Discover 2GO, CashBack Bonus, and ShopCenter are our trademarks. All rights reserved.

I called to switch and I didn't even have to make my way through the phone tree! Someone picked up right away.

Yes, the rep told me that I am welcome to change programs as much as I want. Most of the time I'll be in the gas program, but when I order new kitchen cabinets at Home Depot in a few months, I'll have to make sure that I change programs to home improvement.

Thanks FFGuru. Good Post!

Thanks OP, just changed from gas to restaurant. Easy!

FFGuru said: [Q]CLARIFICATION....

GOOD NEWS!! I asked Discover to clarify some of our questions from this forum. I told them that I would post their response at FW.com and here is the Discover response.

My questions
1) Is there a limit to how many times you can change rewards programs?
2) Once you leave one program, like gas, can you go back to it later in the year? What happens to the cap on how much you can earn in the program when you do that?
3) If in under a year I were to spend $1,500 on gas in the gas program, could I then switch to the restaurant program and have a full $1,500 in spending at 5% in that program.
4) Do the earning caps reset each calendar year, or 12 months from the time you start a program?
5) In general, is there any cap to the amount of Cash Back bonus you can earn if you keep switching programs?

Discover's answers.....

[Q]

Thank you for your recent inquiry regarding Cash Back bonus.

To start answering some questions, 1) no, there is no limit to how many times you can change rewards programs. 2) Once you leave a program, lets say, from platinum to gas within your cycle period and return back to platinum your Cash Back bonus will pick up on the last tier level you left off on. 3) Yes, in fact you can switch through every reward program we have available. 4) It would reset depending on the month you opened your card. So every cardmember is different. 5) There is no cap in Cash Back bonus.

If you need anything else, just let me know. Thanks for choosing to use Discover Card.


Sincerely,



XXXXXX XXXXXXX
Web Support Specialist

Discover, Discover Deskshop, Discover 2GO, CashBack Bonus, and ShopCenter are our trademarks. All rights reserved. The specialist's answers seem very unclear....4) seems to indicate an annual reset (depending on the month, every cardholder is different). However a possibility is although earning caps reset every year, when you switch, there is an additional reset during the year. His response did not clarify this specifically.

His response to 3) and 5) was also unclear. It is already assumed we can switch from program to program, but "under a year" will we have another $1500? He did not specifically qualify his answer saying "under a year", just that switching in general is possible. His 5) no cap remark is also vague, while we're thinking $1500 cap for the 5% tier, his reply seems to be a general Cash Back cap for all tiers in any program.

how can you tell if you are about to approach your limit for any type of card? Can I check this out online?

z0mb13 said: [Q]how can you tell if you are about to approach your limit for any type of card? Can I check this out online?
Calculate the total of all your restaurant purchases <img src="i/expressions/face-icon-small-smile.gif" border=0>
it's very easy if you use your card just for restaurants. Just add all your statment amounts for this year.

tooshy said: The specialist's answers seem very unclear....4) seems to indicate an annual reset (depending on the month, every cardholder is different). However a possibility is although earning caps reset every year, when you switch, there is an additional reset during the year. His response did not clarify this specifically.

His response to 3) and 5) was also unclear. It is already assumed we can switch from program to program, but "under a year" will we have another $1500? He did not specifically qualify his answer saying "under a year", just that switching in general is possible. His 5) no cap remark is also vague, while we're thinking $1500 cap for the 5% tier, his reply seems to be a general Cash Back cap for all tiers in any program.

You must take into account the wording of my questions. He didn't restate everything, but responded to each of my questions with a concise answer. I thought he was vague too until I looked again at my questions. (The questions in my post are verbatim of what I sent them)

All of your caps reset at your anniversary... NOT one year since you joined a specific program, but on the anniversary of when you got your Discover account. Assuming I understand what you mean by additional reset, according to several CSR's there is none. So, if in January you sign up for the gas card and spend $1,500 on gas, you can't switch to restaurants in Feb, and then back to gas in March again for another $1,500. You can go back and forth, but you must wait for your anniveriary for your caps to reset.

As for question 3, my question was quite straight forward. He answered yes, and I think the rest of his statement is just additional information. Plus, I have called an agent and asked them the same question and they responded the same.

As for number 5, I was talking about a general Cash Back cap anyway. I couldn't remember if there was a cap in general.

Feel free to ask Discover the questions you have, and post them for us all to read! <img src="i/expressions/face-icon-small-happy.gif" border=0> I'm working on $70 in Cash Back rewards in 3 months!

I called to switch back to the gas program, after a month long stint using the platinum card for the online get more promotion. The CSR said they have two gas programs. It was extremely confusing. But here is what I gathered from the information. Anyone correct me if you will.....

Both are reverse tier. The first one earns 5% on gas for your first $1,500 on TOTAL purchases, 3% on gas for your next $1,500 in TOTAL purchases, and then I forget. The other program earns 5% on gas for the first $1,200 on GAS purchases and then drops to 1% for gas after that I believe.

Can anyone clarifly? It appears to me that the second one will not penalize me for using my Discover for purchases other than gas, but I can't tell for sure. When do they start counting your TOTAL purchases? is that by anniversiary, or by the purchases while you are in the gas program only? I don't know which card is best for me. Thanks for your help!

suaveseattle said: [Q]I called to switch back to the gas program, after a month long stint using the platinum card for the online get more promotion. The CSR said they have two gas programs. It was extremely confusing. But here is what I gathered from the information. Anyone correct me if you will.....

Both are reverse tier. The first one earns 5% on gas for your first $1,500 on TOTAL purchases, 3% on gas for your next $1,500 in TOTAL purchases, and then I forget. The other program earns 5% on gas for the first $1,200 on GAS purchases and then drops to 1% for gas after that I believe.

Can anyone clarifly? It appears to me that the second one will not penalize me for using my Discover for purchases other than gas, but I can't tell for sure. When do they start counting your TOTAL purchases? is that by anniversiary, or by the purchases while you are in the gas program only? I don't know which card is best for me. Thanks for your help!

IIRC, the specialty cards have changed. They are now only 5% for the first $1500, then 1%. They got rid of the 3%. Both programs were probably listed for the CSR in the system. If you signed up before you will still get the 5%/3%/1% until your anniversary date, but after that you get transferred to the new 5%/1% only.

alfonzo said: [Q]I just completed conversion of my Gas Rebate card to Restaurant Rebate. It was quick and easy over the phone. Seems like the only other card that gives restaurant rebate is the citiMTVu card for students. And since I already have 6 credit cards as a student, I'm waiting a little while to apply for that one.Well if you're a Costco member you can get the American Express TrueEarnings card that earns you 3% CashBack for restaurant purchases (and 2% CashBack for flights and hotels) with no caps. Useful when you happen to max out the cashbacks of both your Discover and mtvU cards.<img src="i/expressions/face-icon-small-wink.gif" border=0>

poo said: [Q]suaveseattle said: [Q]I called to switch back to the gas program, after a month long stint using the platinum card for the online get more promotion. The CSR said they have two gas programs. It was extremely confusing. But here is what I gathered from the information. Anyone correct me if you will.....

Both are reverse tier. The first one earns 5% on gas for your first $1,500 on TOTAL purchases, 3% on gas for your next $1,500 in TOTAL purchases, and then I forget. The other program earns 5% on gas for the first $1,200 on GAS purchases and then drops to 1% for gas after that I believe.

Can anyone clarifly? It appears to me that the second one will not penalize me for using my Discover for purchases other than gas, but I can't tell for sure. When do they start counting your TOTAL purchases? is that by anniversiary, or by the purchases while you are in the gas program only? I don't know which card is best for me. Thanks for your help!

IIRC, the specialty cards have changed. They are now only 5% for the first $1500, then 1%. They got rid of the 3%. Both programs were probably listed for the CSR in the system. If you signed up before you will still get the 5%/3%/1% until your anniversary date, but after that you get transferred to the new 5%/1% only.


Hmmmmmmmmm... I was told that the tiers were:

5% = $0-$1500
0.5% = $1500-$3000
1% = $3000+

for the restaurant card, and:

5% = $0-$1200
0.25% = $1200-$1500
0.5% = $1500-$3000
1% = $3000+

for gas. Basically you get 5% for the first tier of your specialty catagory, then the tiers drop down as if they were any other purchase. Can anyone confirm it's 5%, then 1%? Is this only with the gas card?

chokaay said: [Q]poo said: [Q]suaveseattle said: [Q]I called to switch back to the gas program, after a month long stint using the platinum card for the online get more promotion. The CSR said they have two gas programs. It was extremely confusing. But here is what I gathered from the information. Anyone correct me if you will.....

Both are reverse tier. The first one earns 5% on gas for your first $1,500 on TOTAL purchases, 3% on gas for your next $1,500 in TOTAL purchases, and then I forget. The other program earns 5% on gas for the first $1,200 on GAS purchases and then drops to 1% for gas after that I believe.

Can anyone clarifly? It appears to me that the second one will not penalize me for using my Discover for purchases other than gas, but I can't tell for sure. When do they start counting your TOTAL purchases? is that by anniversiary, or by the purchases while you are in the gas program only? I don't know which card is best for me. Thanks for your help!

IIRC, the specialty cards have changed. They are now only 5% for the first $1500, then 1%. They got rid of the 3%. Both programs were probably listed for the CSR in the system. If you signed up before you will still get the 5%/3%/1% until your anniversary date, but after that you get transferred to the new 5%/1% only.


Hmmmmmmmmm... I was told that the tiers were:

5% = $0-$1500
0.5% = $1500-$3000
1% = $3000+

for the restaurant card, and:

5% = $0-$1200
0.25% = $1200-$1500
0.5% = $1500-$3000
1% = $3000+

for gas. Basically you get 5% for the first tier of your specialty catagory, then the tiers drop down as if they were any other purchase. Can anyone confirm it's 5%, then 1%? Is this only with the gas card?

Just checked discover.com and you are right. Check there for updated terms.

The home improvement card was $2,500 last time I checked.

On the gas card, I was offered either tier program. If you are able to keep your spending on the card to just gas, it seems that the 3,5,1% card is best. If you tend to use the card on other purchases the 5,1% card is best because other purchases do not count toward your $1,500 limit on 5% rewards. My guess is that there will only be one tier program after the end of the year.


PROGRAM CAPS..... The rules have changed, some good changes, some bad. It seems that the maximum amount you can spend on gas with the 5% reward has dropped to $1,200. All programs got rid of the 3% tier, however you are no longer penalized for using your card on purchases outside of the area in which you earn 5%. Under the old rules, all purchases would count toward that $1,500 cap. The following all comes cut and paste from discovercard.com 12/17/05

GAS
"Each year, earn a full 5% on your first $1,200 starting December 1, 2005 on your gas purchases. In addition, earn a full 1% on other purchases in excess of $3,000; your first $1,500 in other purchases earn .25% and your second $1,500 in other purchases earn .50%. Gas purchases in excess of $1,200 earn CashBack Bonus at the same rate as other purchases."

HOME IMPROVEMENT
"Each year, earn a full 5% on your first $2,500 in home improvement purchases. In addition, earn a full 1% on other purchases in excess of $3,000; your first $1,500 in other purchases earn .25% and your second $1,500 in other purchases earn .50%. Home improvement purchases in excess of $2,500 earn CashBack Bonus at the same rate as other purchases."

RESTAURANTS
"Each year, earn a full 5% on your first $1,500 in restaurant purchases. In addition, earn a full 1% on other purchases in excess of $3,000; your first $1,500 in other purchases earn .25% and your second $1,500 in other purchases earn .50%. Restaurant purchases in excess of $1,500 earn CashBack Bonus at the same rate as other purchases."

PLATINUM
"Each year, earn a full 1% of each purchase made after your total amount of purchases exceeds $3,000; your first $1,500 in purchases earn .25% and your second $1,500 in purchases earn .50%........With our Get More Program, you can sign up to earn 5% CashBack Bonus on purchases made at select merchants or in certain merchant categories throughout the year."

My switch back to the gas program was successful and according to the program rules I am still in the program which offers 3% back after your first $1,500 in purchases.

FFguru said: <<All of your caps reset at your anniversary... NOT one year since you joined a specific program, but on the anniversary of when you got your Discover account. Assuming I understand what you mean by additional reset, according to several CSR's there is none. So, if in January you sign up for the gas card and spend $1,500 on gas, you can't switch to restaurants in Feb, and then back to gas in March again for another $1,500. You can go back and forth, but you must wait for your anniveriary for your caps to reset.>>

I guess my question is are you given another cap when you convert to another specialty card in the same anniversary period after using up the cap entirely for the first specialty card? I was using 'reset' to mean 'given another cap'. But being the caps have all changed, and each specialty card now has a different cap, it is fairly clear to me that when you switch, you are given the new cap and therefore have lengthened your 5% period which I believe was your original point.



Thanks OP. I switched mine to the 5% gas rebate and it will be effective on 12/27/2005.

tooshy said: [Q]
I guess my question is are you given another cap when you convert to another specialty card in the same anniversary period after using up the cap entirely for the first specialty card? I was using 'reset' to mean 'given another cap'. But being the caps have all changed, and each specialty card now has a different cap, it is fairly clear to me that when you switch, you are given the new cap and therefore have lengthened your 5% period which I believe was your original point.

Yes, you are given another cap. So if you max out one program within your anniveriary, you can switch to another and start from a whole new cap.

Again though, if you leave a program before you have maxed it out, and go back within the same anniversiary, you just pick up where you left out.

Question, does switching to one of the specialty cards invalidate the store CashBack bonuses such as the B&N 7% CashBack? Thanks.

NEWS

It appears that the Restaurant and Home Improvement cards are no longer being offered at Discovercard.com. Discover is down to a measley and not very competative miles card,ok platinum card, low-limit gas card, and average student card. So that means that if it is still possible to switch, the only cards you can switch between is the basic platinum and gas card.

Hmmm, with all of the 5% offerings from Citi and Chase, Discover is really not being very competative. Let's hope they have a wonderful new program up there sleeves.

FFGuru said: [Q]NEWS

It appears that the Restaurant and Home Improvement cards are no longer being offered at Discovercard.com. Discover is down to a measley and not very competative miles card,ok platinum card, low-limit gas card, and average student card. So that means that if it is still possible to switch, the only cards you can switch between is the basic platinum and gas card.

Hmmm, with all of the 5% offerings from Citi and Chase, Discover is really not being very competative. Let's hope they have a wonderful new program up there sleeves.


Hmmmmmmmm... lemme guess... people were getting "confused" between the 3 cards (restaurant, gas, home improvement), so they decided to "simplify" things by offering only 1 specialty card (gas), right? This is along the lines of people getting "confused" about the 5%/3%/1% tiers on these cards, so they "simplified" it to 5%, then normal tiering (0.25%, 0.5%, 1%). <img src="i/expressions/face-icon-small-confused.gif" border=0><img src="i/expressions/face-icon-small-mad.gif" border=0><img src="i/expressions/face-icon-small-confused.gif" border=0><img src="i/expressions/face-icon-small-mad.gif" border=0><img src="i/expressions/face-icon-small-confused.gif" border=0><img src="i/expressions/face-icon-small-mad.gif" border=0>

FFGuru said: [Q]...

Hmmm, with all of the 5% offerings from Citi and Chase, Discover is really not being very competative. Let's hope they have a wonderful new program up there sleeves.

From a company that is based around "It pays to Discover," I would hope so.

Right now, Discover doesn't "pay" diddly-squat.

I'm shopping some new cards. I would have jumped and switched to the Restaurant flavor, but got in too late.

Looks like Chase or Citi will be getting my business now.



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