We reported on a $300 bonus for opening a Discover checking account and making two direct deposits. This offer continues until November 15.
However, sometime in the past few days, Discover added into the terms of the promo code that it’s a targeted offer and the bonus will only go for those who were invited.
Previously, this is what we were seeing:
DoC reader Tom contacted Discover and was told on November 4th that the terms were updated to make it a targeted offer. They also confirmed that those who applied before the then will receive the bonus after meeting the direct deposit requirements.
I am a little pessimistic now about ACH transfers working to trigger the direct deposit requirement since there may be additional scrutiny here. Hoping for the best!
Hello all. This question is for anyone, including the DoC writers.
I opened my Discover checking account in October 2015 and therefore had no problem scoring the bonus.
I have kept it (and my Discover savings) open because both accounts have some very friendly features. But I would close them if I thought it might induce Discover to include me (down the road) in a targeted offer for the checking account bonus.
Any opinions about that?
As I read the fine print of the exact terms of the offer, both the original offer and the revision on Nov 4th state that anyone who had a previous Discover checking account was ineligible. There’s no time frame on that. Is it reasonable to assume that future offer terms will also include this provision?
If so, I will keep my Discover accounts open.
Yeah, I’m keeping my Discover accounts because they always exclude those who already got a bonus, AFAIK.
Thanks, Chuck. Hearing that makes things a lot simpler for me.
The truth is that the Discover checking and savings have a ton of friendly features. No minimum balances, no ACH charges, free paper checks, near 1% rate for savings, etc.
I got an sm from Discover back in Dec. stating that I met all the requirements for the promo and a date which it should post by. That came and went and Discover started telling me that I wasn’t eligible. I filed a complaint with the CFPB, as mentioned in a DoC article. Discover changed their tune real quick since I was able to provide a screencap of the message. Also of note, after the year rolled over into 2016 my SM history was no longer viewable, though chat reps seemed to be able to look back at the messages.
please send me screen shot if you have one. I can trade in Amazon gift card.
I’ve been informed by the bank that it was an invite only offer and that if I can send them a screenshot of the invite to get the bonus. Does anybody have an invite they can send me?
Please send the screenshot to me as well. I messaged them after 4 weeks and was told they have 6 six weeks to credit the bonus. I am sure when I message them again after six weeks it will be the same story.
Anyone received the Bonus from anything other than Payroll?
I was finally able to apply for the savings account, will be following up with the checking. Hoping the bonus comes through , fingers crossed. Will post back here on update
I did two transfers from my Serve account. I put in an SM asking for confirmation of completion but got impatient and called. The rep on the phone took forever looking through the list of names for the promotion and told me I was not on the list and not eligible. Later, I got an SM back saying that I had completed the requirements and would get the deposit within 30 days. We’ll see if they follow through.
As this promo ends in 5 days, does anyone have any updated info about DDs/ACHs? And did anyone receive the bonus? Have been waiting for more data points before signing up.
I messaged them on Tuesday since I met the DD requirements (from paychecks) and they confirmed I had met the requirements and would be receiving the $300 within 30 days. Haven’t received anything yet.
I did hear some data points that ACH transfers from Paypal, Serve, Google Wallet, etc have not counted towards meeting the DD requirements. Sounds like you pretty much need payroll or government benefits to be deposited in order for it to count.
Hey, about the cashback side of this- would really love to maximize here for $130/yr ($20 this month and then $10 in future). I know people were doing amazon GC for $0.50, what about newegg or other cheapo sites? Also doing bill pay in small amounts. Are there minimums here? Figure a mix would be cool. What are people doing here?
Would love to use this as my main debit but I’m out of the country, I never see Discover accepted even for CC, let alone at an ATM 😛
Hey, does anyone have any info on “what” the direct deposit posts as when it hits in discover. I just used a method that I normally use for all other banks (ally popmoney transfer) and it is showing up as an ACH. Just curious if anyone has gotten their direct deposit yet, and if so, if it also codes as “ACH” in discovers system.
Thanks
My payroll DD:
ACH Deposit from Compamy Name
My payroll DD:
ACH Deposit from Company Name