Discover Deals Shopping Portal to Close on October 31st
More and more benefits axed...
Discover will no longer provide extra bonus cash back through its online shopping portal which is due to close on Halloween – October 31st. Discover posted a message to account holders when they login to their accounts saying they are retiring the program to “focus on simpler and more meaningful ways to earn and redeem rewards.”
Discover has axed a lot of benefits from their cards this year: extended warranty, return guarantee, auto rental insurance, purchase protection and flight accident insurance went in February and price protection will be discontinued on October 31st as well.
Hopefully Discover is planning something good to fill the void, otherwise their cards really will be ranked down in competitiveness. However, cardholders who enroll each quarter can still earn 5% cash back in rotating categories up to the quarterly maximum. The current category is Amazon.com and wholesale clubs where customers can earn 5% back on $1500 worth of spending until the end of the year.