As Black Friday nears, Discover has made it easier for its customers to get their “Cashback Bonus” whenever they want at any amount.
Many credit card providers are creating opportunities for consumers to earn “cash back” on purchases with fewer strings attached as the competition for shoppers’ dollars heats up before the holiday season is in full swing.
Discover card customers will never see their Cashback Bonus rewards expire, Discover Financial Services announced this week. Moreover, Discover said customers can now redeem their rewards for as little as a penny in the following ways:
Card members will also have their accounts credited with their Cashback Bonus balance “rather than have rewards forfeited at account closure or for inactivity,” Discover said.
“We know our customers want the most rewards possible, but equally important is their ability to use them when they want,” said Heather L. Roche, vice president of rewards at Discover. “We are excited to give our card members more redemption flexibility.”
Since 1986, when Discover was the first company to offer cashback rewards, card members have earned over $12 billion in Cashback Bonus.