The Discover it Cash Back referral system is an easy way to earn up to $500 in extra rewards each year. All you need is a referral link, which only takes a few minutes to get, plus some friends or family members who are interested in opening a new credit card account.
Here’s how to get the Discover it Cash Back referral bonus:
Go to Discover’s website.
Log into your Discover account.
Enter your referrals’ email addresses or share your referral link on social media.
You will receive $50 cash back for every person who uses your referral link to get a Discover credit card. Keep in mind that you can get referral bonuses for up to 10 people per year.
That means you can earn up to $500 per year from referrals alone. That’s like a great initial bonus every single year. But you need to know a lot of people who are in the market for a new credit card.
Fortunately, there’s a lot to like about Discover cards, so it should be a pretty easy sell. Plus, each individual you refer will also get $50 if they make a single purchase within three months of account opening.
You get a $50 statement credit whenever you refer a friend and they become a cardmember. Your friends can also get the same amount if they make their first purchase within 3 months. You receive the referral reward if your friend applies for the specific offer you send via a link, and of course after being approved. You can get a maximum of 10 such rewards ($500) per calendar year.
The best cash bonus credit card offer is $250 statement credit for spending $3,000 in the first 6 months, which can be earned with the Blue Cash Preferred® Card from American Express. This card also offers 1 - 6% cash back on purchases.
There are many cash bonus credit cards that give you money for meeting a spending requirement in the first few months. These cards are a good way to get a hefty rebate on your purchases at the start, especially if they also have … read full answerno annual fee. But it’s important to remember that initial bonuses are just that – initial. You’ll want to choose a card that provides great everyday perks even after you earn the bonus.
Here are some of the best cash bonus credit cards:
The Blue Cash Preferred offers $250 statement credit for spending $3,000 in the first 6 months. Plus, you can earn 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits. The card’s annual fee is $0 intro 1st yr, $95 after and you need at least good credit for approval.
The Capital One Savor offers $300 for spending $3,000 in the first 3 months. Plus, you can earn 5% cash back on hotels and rental cars booked through Capital One Travel, 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats). The card’s annual fee is $95 and you need at least good credit for approval.
The Capital One Quicksilver offers $200 for spending $500 in the first 3 months. Plus, you can earn 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. The card’s annual fee is $0 and you need at least good credit for approval.
The Wells Fargo Active Cash offers $200 cash rewards after spending $1,000 in the first 3 months. Plus, you can earn 2% cash rewards on all purchases. The card’s annual fee is $0 and you need at least good credit for approval.
The Ink Cash offers $900 for spending $6,000 in the first 3 months. Plus, you can earn 5% cash back on the first $25,000 spent per year in combined purchases at office supply stores and on internet, cable and phone services; 2% cash back on the first $25,000 spent per year at gas stations and restaurants combined; and 1% back on all other purchases. The card’s annual fee is $0 and you need at least good credit for approval.
One of the best credit cards with cash back bonus rewards is the Blue Cash Preferred® Card from American Express. It offers a $250 statement credit for spending $3,000 in the first 6 months, plus 6% cash back on groceries (up to $6,000 spent per year) and streaming subscriptions, 3% on gas and transit, and 1% on other purchases.
There are plenty of credit cards that give bonus cash back rewards in certain purchase categories. Cardholders may receive extra value on gas, groceries, dining, entertainment, wholesale clubs and more. Other cards have bonus categories that change every quarter and may require activation, giving you the chance to earn big on different types of purchases every few months.… read full answer
Lots of credit cards with cash back bonus rewards on purchases also offer an initial cash rewards bonus for spending a certain amount in the first few months. Plus, it’s good to remember that many credit cards without cash back bonus rates still give a solid cash back rate on all purchases.
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