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Amazon savings for Discover Card owners
If you have a Discover card, I'm sure you know about the cash back bonuses, where you earn points with each purchase. They used to mail you a check each year, but now you can redeem the points whenever you've earned a certain amount.
You can choose to have the cash credited to your Discover balance, or redeem for a gift card. Some merchants give more than $1 off per $1 redeemed, as much as $40 off for $20 redeemed.
Be sure to read the rules: Blockbuster will double your rewards, but instead of a $40 gift card, you get 10 rentals, which aren't worth $40 to me.
None of those interested me, but here's one that will give you $25 for each $20 credit: Borders, the book store chain.
If you go to borders.com, you'll see it redirects to amazon.com, but a stripped down version that only has a few categories like books, DVDs, CDs... the same categories that the Borders stores have. The prices and selection, even the sales, seem to be identical to amazon's. Last week when they had the one day sale on Six Feet Under, I used a card to get my net cost down to under $90.
You can go to discovercard.com and redeem the points. They'll mail you a plastic gift card, which you can use in the physical stores or online.
I'm mentioning this because their site says the cards are NOT good at amazon, but that's not the case. As long as you go to borders.com first before putting the item in your cart, the gift card will work. You enter the number in the same box where you'd enter an amazon gift cert.
$5 extra isn't much, but if you have $100 worth of cashback bonus in your account, I'd rather have the $125 in gift cards than $100 off my Discover balance.
Only real drawback is that you are limited to one gift card per order, even if you are spending hundreds of $$.
This doesn't seem to be a time-limited offer- they've had it for months.
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