Comments now locked to prevent referral link abuse.
The Offer
Direct Link (non-affiliate link)
- Get the Discover IT with Cashback Match card through Amazon’s link and receive a $75 statement credit after your first Amazon purchase within three months
It’s more like that this $75 will not be doubled since it’s marketed as a “statement credit” to offset a charge and not a “cashback bonus”.
The Discover IT card is fairly popular due to the 5% rotating categories and the first-year Cashback Match program. It doesn’t have a public signup bonus (the Cashback Match is the signup bonus), though it’s easy to get a referral from a friend and each will get $50 which will then double at year’s end to $100 each. This public signup bonus is something we haven’t seen, though.
The Fine Print
Get a $75 statement credit when you use your Discover it card to purchase any item at Amazon.com within 3 months of approval. Limit one per customer per account. Your statement credit will be automatically added to your Discover Card account within 1-2 billing periods. Amazon.com purchases include those made through the Amazon.com checkout, including digital downloads, Amazon.com gift cards, Amazon Fresh orders, Amazon Local Deals and Amazon Prime subscriptions and items sold by third party merchants through Amazon.com’s marketplace.
You can have up to two Discover cards, even two of the same card. As far as I know, the Cashback Match bonus will apply to the second card, even if it’s the second of the same card.
It’s not clear, however, that the second card will be eligible for a cash signup bonus. One data point suggests that it doesn’t work.
My hunch is that it’s only the referral link cash signup bonus that doesn’t work being that you are an existing cardholder of this card. However, the Amazon cash signup bonus link might work; the terms don’t seem to disqualify existing cardholders. YMMV.
Card Details
- Get all cash back earned the first year doubled at year’s end
- Get 5% back in rotating categories on up to $1500 per quarter; 1% everywhere else with no limit
- No annual fee
- Full roundup of benefits can be found here
Our Verdict
The $50 referral offer is better than this since it gets doubled to $100 at year’s end while this $75 probably won’t get doubled.
If you already have a Discover IT card and are applying for your second Discover IT card, it might make sense to use this Amazon link since it’s more likely to work for existing Discover IT cardholders, as discussed above.
We’ll add this to our list of Best Current Credit Card Signup Bonuses. See also 15 Things Everybody Should Know About Discover Credit Cards before applying for a Discover card.
Please do not leave Discover referrals in the comments to this post. Instead, head over to the dedicated thread and follow the instructions there.Â
Use my link please, I would appreciate you! https://refer.discover.com/s/k5unm
Here is my link:
https://refer.discover.com/s/gdn4o
Is the 1 year double CB calendar year or from when I signup?
For clarification: I have a Discover IT card that is already over 1 yr old. I have rec’d the double bonus $$
If i want to take advantage of this great offer, should i cancel my present card and wait to apply again OR
Can i just get a second card? Thanks…
Should be able to just get a second card from memory
“memory” sorry, Will, i am not sure what that means. Do i just apply and use another username and password OR maintain the same username and password and apply for another card? thanks
When I say from memory I mean I’m not 100% sure but based on what I remember you can get a second card.
Just a note that starting a little before Jan 1 2018, this will become the best offer, surpassing the referral offer. The referral offer will be changing to a statement credit if their first purchase is made on or after Jan 1.
From https://www.discover.com/credit-cards/exclusives/sharediscover/
“Each eligible friend will receive a $50 Cashback Bonus or 5,000 Miles after making a purchase within three months of opening a new Discover account (if the purchase is made before January 1, 2018). If your friend’s first purchase is made on or after January 1, 2018, your friend will receive a $50 Statement Credit.”
Its a little bit confusing if the first purchase needs to be made before Jan 1 or if the application needs to be approved before then. I just referred and a family member and they applied. Both during application as well as in the approval, the language seemed to indicate that they only need to apply before Jan1st for the bonus to be CB which contradicts with the above.
Also to note is that that now the 0% APR for 14 months is now standard offer and stacks on top of the cashback match (double cashback): The doc review which is old appears to indicate it is either/or but not anymore.
Dropping my link!
http://refer.discover.com/s/xvmot
We’re Sorry
The page you are looking for is not available right now. We apologize for the inconvenience.
However, the attempt #3 got me here :
Discover it® for Students Application
Be careful! I applied through the Amazon link and used a pre-selection code I’d received in a mailer. I didn’t get the bonus, and despite my cs calls, they will not give it to me. So, if you apply through Amazon, when they ask you to input a code, don’t do it if you want your bonus.
Is Walmart a wholesale club for the 5%
I don’t think so
Thanks
Data point:
$75 is statement credit, not cashback, so it is not showing in the “doubled cashback” total that discover reports.
Wouldn’t match my mom after she was approved barely a week before the offer was posted on DOC….