I have talked about Discover Card Rewards before, but I am going to do it again, this time with some promo codes. First of all, there are many rewards credit cards out there, this is only one. I like discover card's promos, but you may find another you like better. I actually have other rewards credit cards in addition to Discover. DO NOT DO THIS IF YOU HAVE PROBLEMS WITH PAYING CREDIT CARDS IN FULL EVERY MONTH.
1) First go to discover.com or call 1-800-210-9022 and apply for a credit card using one of these promo codes: DBPU, expires 7/5, DBPY, expires 7/5 or DBSC, expires 7/17. Those promo codes will earn you a $100 back if you spend $500 within the first 3 months. Maximize your rewards by signing up yourself and your spouse seperately (you can still get extra cards for one another). Unfortunately, due to Discover's new policies, if you have an open discover card account, you can not open a new one to take advantage of this offer.
2) Sign up for their quarterly bonus (July - September is gas rewards). Then use your card exclusively for gas rewards during that time period until you reach $500. You will then earn $100 for the sign-up promotion and $20 for the gas promotion.
3) Once you get your rewards, go online and redeem the $120 for gift cards to get more money. I redeem them for Lands End gift cards and it turns my $120 into $150. DO NOT REDEEM THEM BEFORE YOU ARE READY TO USE THEM. You can redeem them in $20 increments.
4) Since I redeem mine for Lands End gift cards, I then wait until they are offering free shipping (like now, use code JUNE12 and the PIN 00008226) and I exclusively shop their overstocks. I link to Lands End through Discovercard's site (you have to log into your Discover card account first) and earn 10% of that purchase back.
Today I ordered 2 pairs of jeans and 2 pairs of corduroys for my daughter. After the $25 rewards from discover (which were virtually free to me), I paid only 3.31. I will get 10% back as rewards on my discover card. Depending on if they take the 10% before or after the $25 gift card, I will either earn .33 or $2.83. I am hoping for the $2.83. I know it is early to order for the fall, but I can return anything from Lands End to Sears at anytime. Lands End does not have a time limit on returns. So I will hold onto these and if they don't fit in September, I will return them to Sears.
I know this is confusing, but if you follow this, you will spend $500 on gas (something we all need) and get $120 back or $150 back if you cash them in for gift cards. That is a savings of 24% or 30% (depending on how you use your rewards). How else can you get a savings of 24%-30% on gas?