Discover Platinum Card (Discover Plat Card)

By: EconomyWatch   Date: 9 October 2009

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The Discover Platinum Card, now known as Discover More Card, offers its users more cash back and rewards. Once consumers get approved for the platinum card, they are given booklets that contain the long list of merchants and service providers where the card can be used with all its benefits.

Discover Platinum Card: Benefits

Depending on ‘what and where’ a consumer buys, the Discover Platinum card offers different benefits, such as:

·        5% rebate: Discover Platinum Card gets you rebates on airlines, car rentals, hotels, cruises, home improvement stores, clothing stores, grocery stores, theme parks, zoos, bookstores, restaurants, movie theaters and movie rentals.

·        Online discounts: Discover Platinum Card offers 5% to 20% on online shopping from sites such as GAP.com, Dell.com, BestBuy.com, OldNavy.com

·        Double the value: Consumers can double the value of rewards points while buying a select few gift cards.

·        O% APR: Discover Platinum Card comes with no APR charges for the first six months on balance transfers and purchases.

·        Separate cards and longer grace period: The card does not attract any financial charges for the first 25 days and card holders are issued a different card number for online shopping for extra security.

Discover Platinum Card: Rebate Process

The Discover Platinum Card gets more benefits with more usage. It has a tiered cash back process that lets its users earn up to 2% rebate.

·        For the first $1,500 spent annually, card holders get 0.25% rebate

·        For the next $1,500 spent annually, card holders get 0.50% rebate

·        For annual expenditure more than $3,000, card holders get 1% rebate

Discover Platinum Card: Rotating Categories

The Discover Platinum Card has a rotating policy that offers 5% discount on different products and services through the year. The categories keep changing every quarter as follows:

  • First quarter: Consumers get discounts on airlines, car rentals, hotels and cruises.
  • Second quarter: Consumers get discounts at fashion and home retailers.
  • Third quarter: Consumers get discounts at theme parks, gas stations and hotels.
  • Fourth quarter: Consumers get discounts at grocery stores, movie theatres and restaurants.

With such revolving discounts, the Discover Platinum Card offers a bigger pool of merchants to shop at and higher scope for accumulating reward points.

You can find out more about Discover Platinum Card at the http://www.discovercard.com/ website. Discover Platinum Card is a brand owned by Discover Bank, member FDIC.


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