UPDATE: Even better — right now you can get 30% cash back for every purchase at Nordstrom — especially good since their anniversary sale is on now! 5% back when you use your discover card (plus another 5% after 12 months), 10% back at the Discover Deals portal (plus another 10% after 12 months) for a total of 30% back! Read on for more details.
Want to get a 20% discount at Nordstrom on EVERYTHING including sale items? How about 30% off EVERYTHING at Macy’s?
If you have a Discover it or apply for one today, you can activate 5% back on purchases at a select category of retailers each quarter of the year. Currently (until end of September) you can get 5% cash back on purchases at home improvement stores (ex Home Depot), department stores (ex Nordstrom), and Amazon.com. Next quarter it will be another category of retailer.
As a bonus for the next 12 months you can DOUBLE your cash back, making your cash back 10% at each of these retailers. You get the 5% back at the end of the month/billing cycle and the bonus 5% back at the end of the 12 months. The Double rewards is automatic for new card holders.
On top of that, if you use the Discover Deals online shopping portal you can get an additional 5% back at Nordstrom (doubled to 10%) and 10% (doubled to 20%) at Macys. Just log in to your account online and click on “Discover Deals” under the “Rewards” menu.
You can get the bonus on a maximum of $1500 of category purchases each quarter. So you should think about how to maximize your cash back.
Scenario 1: Amazon If you make $1500 in purchases on Amazon, you would get $75 cash back at the end of the billing cycle and an additional $75 at the end of the 12 months. $150 cash back total
Scenario 2: Nordstrom If you make $1500 in purchases at Nordstrom.com through the Discover Deal portal you will get $150 back at the end of the billing cycle and an additional $150 at the end of the 12 months. $300 cash back total
Scenario 3: Macys If you make $1500 in purchases at Macys.com through the Discover Deal portal you will get $225 back at the end of the billing cycle and an additional $225 at the end of the 12 months. $450 cash back total
The cash back through Discover Deal changes regularly, so make sure to check out what the current offers are. Of course you can mix and match, so you don’t have to make all $1500 in purchases at Macys, even though it may be the best deal.
You also get 1% cash back on all other purchases (doubled to 2%). The Discover it card has no annual fee. Not a bad card to add to your wallet and a mighty fine discount at Nordstrom.
Note: I do not earn any compensation from Discover if you sign up. These are simply my obervations on what could to me seems like a great deal. Feel free to post your application link in comments below.