If you are looking to get cash back on your purchases, you may have considered getting a Discover credit card. Unlike some other credit cards, Discover cards do not come with an instant sign up bonus. But they do come with the Discover Cashback Reward program. This program matches your rewards from your first year of membership with a special Discover credit card, so that if earned $1000 in cash back from your purchases, it would then be matched with a Discover credit card of equal value for an additional $1000.
The Discover credit card that comes with this special offer is the Discover Natura Visa Card. With this card, you can use your regular Visa or MasterCard to make any of your cash back on purchases. Even if you pay bills with these two brands, you will not have to pay any added fee for this. This is because you have the option to pay bills online through the Discover Natura system, which uses your current financial institution's existing merchant account facility.
Now, let us look at how you can earn cash back with your Discover card. First off, you should make all of your purchases with your card at least one to two weeks before the due date. This ensures that you pay off your entire balance and you receive your full cashback amount. You do not want to miss any of your purchases, since Discover offers a ninety-day grace period, before which they will charge a late fee. With most cashback programs, the actual amount is capped, so you do not want to exceed your limit. For this reason, it is important that you plan your budget so that you can pay off your balance as fast as possible.
After you have made all of your regular purchases, you can then open up a cashback account with Discover and start earning back the money that you spent on your purchases. Many people believe that their Discover credit card purchases cannot be taxed or added to their taxes, but that is not true. Every debit card purchase is reported to the IRS, even if you do not have an actual cash deposit in your account. In order to claim your cashback, you must present documentation that helps prove that you made the purchase within the time frame specified by the tax code. If you have proof of the purchase, you may also be eligible for a reduced rate of interest, higher credit limits, and other perks.
By using your Discover Natura card, you can get cash back rewards or other perks from many companies. Some examples of companies that offer their own cards with no additional charges include BP, Wal-mart, Sam's Club, K-Mart, grocery store chain giants such as Wal-mart and Target, and many others. If you purchase items everyday, you are increasing your chances of getting cash back rewards from these companies. You can use your credit card to make everyday purchases at any store where Discover is a participating carrier, which can include gas stations, convenience stores, drugstores, and supercenters.
Another great way to earn cashback from your Discover card is to cash back and earn free airline tickets, hotel rooms, or rental cars. You should contact your bank to find out if they offer any type of program that rewards their customers for making purchases with their cards. Most banks offer a special type of line of credit that offers cash back with every purchase, either paid or unpaid. You can earn up to 3% cashback on the cost of your annual statement credit, which means hundreds of dollars in savings each year!
Discover card application status checks are quick, easy and free! The application status is updated every fifteen minutes for up to the minute status updates on your applications. If you have applied online, you will receive an e-mailed status update even if you apply by telephone or mail. Just click on the Apply Now ...