Discover has a new interesting Cashback Match offer for their Cashback Debit product. The Discover Cashback Debit account is a checking account that offers 1% cash back on debit card purchases, and currently they have a promotional offer where Discover will match all the cashback earned in the first 6 months of the account being open. The offer has been extended until 9/9/19.
To qualify for Debit Cashback Match, you must apply for your first Discover Cashback Debit account online by 9/9/19 and enter Offer Code CBMA819 at the time of your application. We will then match all of the Cashback Bonus rewards you earn each month through 1/31/20. Cashback Match bonus will be applied to your account by 2/28/2020. Account must be open at the time the rewards are applied.
The debit card earns 1% cash back on up to $3,000 in debit card purchases each month. So you can get $30 per month. That will be double for the first 6 months, so you can earn a total of $360 in cashback.
- ATM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, Peer-to-Peer (P2P) payments (such as Apple Pay Cash), and loan payments or account funding made with your debit card are not eligible for cash back rewards.
- Purchases made using third-party payment accounts (services such as Venmo® and PayPal™, who also provide P2P payments) may not be eligible for cash back rewards. Apple, the Apple logo and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
- Apply for your first Cashback Debit Account by 9/9/19
A decent bonus for a debit card. You earn 2% cashback for the first 6 months, and 1% after that.