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View Full Version : Tax Free Cash Back On Discover Cards


RangerRick
01-02-2008, 02:17 PM
Sweetie and I use a Discover credit card almost exclusively and have for many years because they pay us tax free money. *We don't have a mortage/car payment anymore but when we did we paid it every month with the card. *We pay our bills (cell/home phone, trash, Dish TV, home/car/life insurance, electric) *on time on line with the card. *We go out to dinner, movie, dancing, vacations, thrift stores, Wendy's for a burger, literally everything possible is on the Discover Card. *I pay the card off each month prior to due date online by debit to my checking account and they pay me 1% cash back tax free. *Of course I write almost no checks and spend little on stamps and my monthly bills are taken care of in about 10 minutes. *They occassionally run specials on different types of purchases and will pay 5% bonus cash back. *January-March the 5% will apply to purchases on airlines, cruises, hotel and car rental. *I'm taking Sweetie on a cruise in April for out 36th anniversity and I've been waiting till now to purchase so I'll get the 5% back which will be like $80 free. *April-June is for things for the home and apperal (time to fix the roof/buy cloths for kids), Oct-Nov is for restruants and movies and December is 5% back on groceries. *Might be a good time to stock up on preps.

$320 is what they paid me for calendar year 2007, tax free, about 1/2 of what Sweeties cruise ticket will cost. *So, if some of you guys are looking for a way to make a little extra FREE MONEY and you have the constitution to pay your bills on time ya might want to give this a look.

Rick