16% Cash Back at Bloomingdales TODAY

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Ebates is having an extensive 16% reimbursement event with around 200 partnered sites, including Macy’s and Bloomingdales. I’m most excited about 48% cash back at Magazines.com, 32% back on Proactiv and 16% back at Adidas, James Perse and Saks 5th Avenue.

**16% offer at Bloomy’s and Kohl’s for today only!**

I wrote about Ebates previously and if you haven’t already, you can sign up for Ebates through my referral link.

Julie

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15% Off at Saks 5th Avenue

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Julie here, in desperate need of new sheets (sumptuous, high thread count a given). Made a quick scan through Ebates and Discover Deals in search of ongoing splurgeworthy promotions at Department stores.

Found a 15% reimbursement until May 10th at Saks Fifth Avenue through the Discover Deals portal. This is the highest affiliates rewards offer I’ve seen. When redeeming your cash earnings on your account as giftcards, that’s about 16.5% cash back.

You must enter through the portal link. Offer is not stackable with any promo codes! Use your Discover card at check out.

Julie

Don’t Buy Into Sales

As a guy just tipping 5’7”, clothes shopping is nary ego-polishing or at the very least, dismally satisfactory. For me, rather, it’s decades of mall trips culminating in bagfuls of over-sized devastations. Too-large, too-big, too-long–I longed for a Goldilocksian just right.

J. Crew was a rare solace, offering a slim-fitting line that whittled men’s general sizing down to the uber-small. The brand drastically reduced my weekend errands and the money I spent on alterations. My seamstress, though extraordinarily wizard, charges a bold $15 per pant. Julie claims that her step dad gets his hemming done for $7.

I was absolutely overwhelmed by J. Crew’s well-stocked and varied fitted offerings. I felt at once flattered and militantly supportive of their endeavor. I decided that I would buy from them relentlessly and needlessly so that they would continue to provide and cater to small men. Anytime they hosted a massive sale (or any sale really), I’d splurge hardcore on polos that looked Saran Wrapped to my torso.

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^I’ll take 10 of those…

Julie being the adorable crazy that she is, went through all three of my closets, my storage room and my dresser (maybe I’m the adorable crazy one?) and discovered mountainous stockpiles of shirts and jeans and socks perfectly retained and unworn, in fresh from the factory plastic. This was after the fact that I enlisted familial help to collect and shovel six 30 gallon bags’ worth of clothes out of the kitchen that I’d been accumulating… for reasons. And after the umpteenth time of opening and transporting J. Crew packages from the entryway into the bedroom dresser, Julie spoke in a fit that was more aggressive than passive, “don’t buy shit just because it’s on sale.”

What? Why not? J. Crew isn’t exactly cheap. I’d endlessly regret it and feel as though I missed out if I didn’t take advantage of their limited time discounts. What if, after liquidating current stock, they discontinued XS and slim-fit products? I’d have nothing left. Nothing.

That perspective changed, or is sort of changing, but not before one last anti-splurgist faux pas (12 more cottony-soft broken-in XXXXXS polos). Is it so wrong to buy during sales?

Sales are anti-splurgist because they’re impulsive-buying traps. They actually prevent you from having splurge-worthy things. I spent tens of thousands of dollars on clothes that crowded my kitchen, three separate closets, my bedroom and another whole room. I never wore them and they’re in a landfill somewhere now. I bought reiterations of similarly styled clothes sale after sale after sale and I still don’t have the perfect, confidence-exuding wardrobe that makes me look forward to getting dressed for work or getting ready for the weekend.

Why is it on sale?

How much of a margin are your favorite brands working with if they’re willing to enormously discount their products? As in, how can something originally priced at $50 be reduced to $5?

That store is doing its damndest to clear out old inventory in order to make room for new styles. Are my purchases devalued once new stuff hits the floor? If I think about devaluations from a car viewpoint, I would never buy certain models the year before a new style release.

Am I a proud, willing owner of something that requires a sale to sell? Isn’t the ultimate retrospective compliment for a discounted item: “I would’ve bought this at its full price”?

Maybe the product I am holding is inherently defective, a previously returned item, or even refurbished to resell? While refurbished deals are fantastic when the seller markets it as such and backs the product with some guarantee. However, return fraud is a massive phenomenon and costs billions of dollars. There is no one person that hasn’t worn a shirt or shoes out and sent it right back.

Is it ever acceptable to buy on sale?

Splurgists, off-season and season transitioning sale items should only be bought if they are transcendent, or irrefutably classic. Julie scurries past racks of on-trend or trendy clothes because those silhouettes, prints and colors won’t reappear next year or endure. Those sale items would have limited or short wearability.

Since we live in Florida, we could shop for cold weather gear leisurely and during the off-season. The risk is that we may not have all the sizes and color available to us and we may not have intended or prolonged wear until we take a trip elsewhere. At that point, we may have forgotten about our coats or have even stopped liking them. People evolve their tastes continually and dramatically.

Julie buys discounted clothes by happenstance if the brand/curator’s website does not discriminate between sale and full price items. When merchandise is listed altogether in gallery view and markdowns are intermixed with regularly priced clothes, everything is most likely still in-style and in-season. The markdowns are owed to initial prices being too unaffordable despite consumer interest. If the website has a cornered off “sale” section, they are trying desperately to sell by exploiting deal-justifying shoppers (like me).

It’s fine to bargain hunt when you have the intention to resell for a profit. If you are knowledgeable about the product and its market, you can take advantage of sales by being willing to transport/redeliver, cater to overseas consumers and/or by making adjustments and repairs. Flipping is a fantastic supplemental revenue stream. I’d factor how much cost or losses you’re willing to take on before stocking up.

But I don’t feel comfortable paying full retail?

If you absolutely cannot pay that price, google the item and check multiple stockists for a cheaper offering. Julie professed to her daytime hobby of scouring the net for coupon codes. She also feels strongly about Ebates.

Often, there are exclusive discounts just for subscribing to the shop’s e-mail newsletter. If there’s a shout out for a site-wide discount and you’re in the market for new jeans or something, I would say go ahead and peruse that section for the splurge that you’re wanting. Don’t go out of your way to browse everything that is on sale for the sake of getting it at a discount.

When you buy something at full price, it’s most likely your size and in the color that you like best. I would put it on a card that offers price protection, such as Julie’s Discover it or the Chase Sapphire. The new Citi AT&T Access card is an excellent candidate because it earns 3x ThankYou points per dollar (valued at a 4.5 to 5% reimbursement) spent at online retailers and offers Citi Price Rewind.

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Lastly, Visa Signature and American Express cardholders enjoy benefits that encompass purchase protection and extended warranty which insures your product and enforces returns’ compensation.

Marc

Establishing Credit Pre-18

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^My 2nd Supra. 😆

My car obsession began with the Toyota Supra (I was 13 years old when the first Fast and Furious movie came out). I’d spend my days drawing and photoshopping that car and imagine myself driving one. Because it was so out of reach, I didn’t have any concrete plans to get one.

Three years later, I was given a well-paying job as a junior in high school. Well-paying in the sense that my dream car was fast becoming a real life possibility. I still didn’t think much of it until my friend called me out-of-the-blue and told me about a used Supra being sold at a great deal. I went the very next day. The car had obvious wear and tear–including a dent I’d later pay to fix–but it was offered at an unbeatable price point.

Assuming I’d get a loan to help cover the cost, I took the plunge. Unbeknownst to me, car loans were reserved for credentialized peoples, as in people with ancient, powerful credit scores. At 16 years old, I was well-paid but not well-informed. No one talked about credit when I was growing up. It wasn’t a conversation I’d ever had with my family. Even amongst my friends, we only looked at cars in magazines rather than looking up how to actually get one.

In an effort to procure funding for my Supra, I approached my local credit union because I’d had a checking and savings account with them. I was thoroughly (they were mean about it) denied. I was also turned away at larger, nationwide banks. My last bastion of hope was a then new online lending bank. Rumor had it that they were lenient. Unfortunately not so, from my experience.

Often, you hear people attributing their good fortune to luck. The way I see it, luck is a modest term for being mentally, physically or most importantly, financially ready to seize opportunities for success.

In the end, I was able to buy the Supra owed to my mom’s help and a generous uncle who fronted a large portion. He was incredibly kind and gave me several years to pay him back at no interest.

That Supra was the vehicular embodiment of my youth and I’d almost let it get away. The only thing standing between me and my dream car then was a credit history. It’s often spread that you can’t establish credit until you turn 18 (the minimum age required to own a credit card), but we should anticipate being wise and capable of splurging on meaningful, big purchases at any age.

Splurgists, your credit can be primed before the age of 18 by:

Being an Authorized User

Request someone close to you to sign you as a co-user of their credit card. Explain to them that you feel strongly about starting your credit history as early as possible. Prove and assure your trustworthiness by perhaps offering them collateral in exchange for a spending portion. Becoming an authorized users doesn’t require good credit or a credit history. You can still build/rebuild your score because your personally identifiable information is associated with the card.

That person may be hesitant because they believe you will affect their score negatively. Compromise and allow them to hold onto the card. You just need to be on file and exist in a credit reporting system at the very least.

Additionally, some banks even give reward bonuses for having additional cardholders.

Co-signing a Loan

Co-signing a loan with an understanding adult means that you will both be financially and contractually obligated to make on-time payments towards the principal amount and any interest. You come out ahead and prove that you are a responsible borrower to credit scoring agencies when you steadily pay off, or help pay off, a loan.

It doesn’t have to be an auto loan towards a first car. Co-signing and paying off any small personal loan demonstrates borrowing capability and integrity.

Splurgists 18+ with limited or nonexistent credit histories, Marc and Julie got their first cards without any history either! Coming up is another personal post about that. See ya,

Marc

Best Credit Cards for College and After

The credit cards you obtain during your college years should reimburse you at a lucrative rate in order to maintain wallet relevancy after graduation. The following options have staying power, as in zero or justifiable annual fees and can be kept active. Holding onto the same cards for a while lengthens your average age of open accounts. I think that having 2 to 3 for everyday spend will optimize your cash back. Additionally, multiple cards increases your overall spending limits, or the amount of credit available to you, and thus decreases your utilization ratio.

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The ultimate credit card for college and after is the U.S. Bank Cash+ Card. You can elect two picks for 5% earning and one additional pick for 2% earning every quarter. All categories listed here.

  • 5% Bookstores: For textbooks. Don’t hold me to this but I believe Amazon transactions fall under this category.
  • 5% Car Rental: Useful for hauling all the stuff you think you’ll use. And you can drive yourself from the airport and sponsor day trips with frands without having to teleport your car from home.
  • 5% Furniture Stores: Get a slouch-inducing bean bag, fire hazard spider lamp and futon/daybed/sofabed; whichever you feel will best display stains and abuse.
  • 5% Electronics: Laptop, gaming set, Skype webcam, Blu-Ray DVD player, TV and whatever additional niceties you need to make you feel at home at school.
  • 5% Fast Food: For pizza.
  • 5% Sporting Goods Stores: To buy sweats/loungewear from Under Armour, Lululemon, Nike :’)
  • 5% Cell Phone, Movie Theaters, Gym etc. and
  • 2% at Restaurants, Gas or Groceries.

No Annual Fee and Visa Signature Benefits.

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 If this is your elephant, you have a shot.I was approved with a 707 score, my oldest credit line being 15 months old and with all open accounts averaging 10 months.

Next up is the only Annual Fee card on my list. But it is godly. My first year, my greatest expenditure outside of clothes was food. Only wizards honor the compulsory $5000 freshman meal plan and fuel up exclusively on bagels and cold salads.

I am not a wizard. I ate copious amounts of sodium and fat that I went out of my way to purchase.

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Everyone should carve a space for the American Express Blue Cash Preferred Card6% Supermarkets and 3% Gas Stations and Department Stores. $75 Annual Fee and Amex Benefits.

This card is legendary. Supermarkets stock everything these days. You can buy shampoo, cold medicine and even gift cards at 6% rewards earnings. And while yes, that is cash back on drinks and smokes, think about your mom for a sec. before you do what you need to do.

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The No Annual Fee runner-up to the Blue Cash Preferred is the Bank of America BankAmericard Cash Rewards with 3% Gas Stations and 2% Groceries. Open a Checking/Savings account with Bank of America and earn 3.3% and 2.2%. No Annual Fee and Visa Signature Benefits.

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The Citi ThankYou Preferred Card for College Students will go out with you night after night. 2x Restaurants and 2x Entertainment. ThankYou points are worth somewhat more when you redeem for travel, so the 2x earn is a 3% valuation. No Annual Fee and Citi Services such as Price Rewind.

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And I recommend the Chase Amazon.com Rewards card to my fellow dormits (dorm hermits). 3% Amazon.com and 2% Gas, Groceries and Drugstores. No Annual Fee.

If you hate leaving your twin bed, you can get a small lifetime quantity of instant noodles and laundry detergent shipped to your campus mailbox. You might have to skateboard everything back to your room from there. But, you can watch movies on Amazon Instant Video!

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The Chase Freedom and Discover it are 5%ers but with changing reward categories every quarter. These are back-up cards that sulk in the recesses of your pocket until their 5% categories supersede your other cards’ 2% to 3% earn rates and then they’re something special. No Annual Fee.

I personally have the Discover it card and intend to pick up the Chase Freedom later. Because Discover offers a boost when redeeming gift card amounts, I would value the cash back at 5.5%.

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The Citi Double Cash Card earns a flat 2% everywhere and with No Annual Fee. This card is an excellent sweeper for any uncovered bases.👍

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Coming up Marc and I will teach you how to establish and build credit pre-18. Until then,

Julie

Calculating Credit Card Interest.

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Parents/adult persons/credit scorers will stiffly tell you to curb spending on your credit cards. We at Splurgist.com just wish for you to splurge rewardingly. When interest charges negate your card earnings, you are not being properly compensated for carrying out splurgist duties.

To calculate how much of a hit you’ll take on when carrying a balance, first divide the Annual Percentage Rate (APR) by the number of days in a year for a Daily Percentage Rate (DPR). Then, plug the following:

balance x DPR x number of days in billing cycle = interest for that month’s statement.

For example, I had to carry a $1300 balance this one time.

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$1302.73 x (0.1774/365 days) x 31 days = $19.63

While that card has a rewards earn rate of 1% or something, the interest was effectively 1.5%. I was 0.5% under. 😫

And some card policies have a minimum cost to carry a balance. For example, if I leave just 5 cents unpaid on certain cards, the minimum interest charge will be no less than $5.

I’m going to negotiate lower APRs with the banks sometime…

Julie

CHASING the CHASEIHG

The Chase x IHG Rewards Club card pays for itself. I’m not saying that it pays its own Annual Fee, because it’s free to own the first year. I’m saying that you can earn 100%+ back what you spend on it.

IHG points are in and of themselves a half-cent apiece. The IHG website sells them for a whole cent each at $10 for 1000/$40 for 4000 and more limitedly, at $565 for 100k points. My sweet, sweet Splurgists, don’t fallback onto points-buying unless the circumstances are dire.

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The IHG Rewards Club Select credit card offers a 80,000 sign-up bonus after $1000 spend within 3 months and waives the $49 Annual Fee the first year. Earnings, benefits and fees are as follows:

  • 5x per dollar at IHG
  • 2x per dollar on Gas, Groceries and at Restaurants
  • 1x per dollar towards All Else
  • 10% rebate on points redemption
  • Platinum Elite status for the duration of card membership.
  • No Foreign Transaction Fees
  • $49 Annual Fee waived first year

Platinum status elevates base earn by 50% which is 15x base earn per dollar at InterContinental, Crowne, Indigo, Holiday Inn and Holiday Inn Express and 7.5x base earn per dollar at Staybridge and Candlewood. And 4000, 2600 or 1200 points per qualifying stay at ANA partner hotels.

The $1000 spend is easily met when staying 4 to 5 nights at a domestic InterContinental. That is

($1000 spend x (15 base + 5 card earn) + 80k sign-up) x .005 valuation x 1.1 rebate =

worth $550 in rewards or a 55% reimbursement towards additional stays. If you’re meeting the $1000 qualifying spend in food and gas essentials, it’d be

(($1000 spend x 3 card earn) + 80k sign-up) x .005 valuation x 1.1 rebate =

$457 or 48% reimbursed and still a formidable rewards amount considering the annual fee is waived.

The Anniversary Free Night is given to you after the first year, and at $49 it is worth >$550 depending on how and where you redeem. The stay must be completed within 12 months of receipt and can/should be complemented by the $450 to $550 worth of points earned the previous year. The Chase IHG card can reimburse you over 100% of the $1049 spend requirement through hotel stays.

The card sign-up bonuses can be re-redeemed 24 months after you’ve last earned them if you want to keep cycling in IHG points at 100,000 increments (80k sign up, 20k card earn).

Should you elect to hold onto the card, the $49 annual fee buys you a free night’s stay at any location (and while value can be upwards of $500, you’re susceptible to availability and the stay must be completed within a 12-month timeframe).

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Let’s freaking GO already!!

Julie

HHigher Hilton HHonor Rewards Credit Card

I was previously discouraged from joining Hilton’s loyalty regime because HHonor points are lowly valued at half a cent per and because many existing Hilton members regard their points-accruing program with unveiled contempt.

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I have to be as equitable as possible in my pursuit to brandish a walletful of rewards-earning behemoths so I regrettably cannot pass on the Hilton-partnered Annual Fee cards. Hilton has nice locations, too. Marc and I have an upcoming stay at the Conrad New York that lends us walkish access to boutiques and eateries in the Tribeca-Soho-Chinatown-whatever-area. When booking, I was most impressed by the fact that all rooms at the Conrad are oversized suites (430 sq. ft. with a view of the Hudson in the over-populated, not-so-creatively-developed islandpolis is quasi-mansion in comparison to my parents’ 1 bdrm apt in Queens kiddingkindof).

The Annual Fee pertaining cards gain better rewards. The automatic leap to HHonors Gold tier with either Annual Fee card outweighs the Zero Fee cards’ lesser overall earning potentials. Here’s my no frills analyses on the Citi and the Amex Annual Fee versions.

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The Citi Hilton HHonors Reserve Card awards 2 weekend night certificates after spending $2500 within 4 months. And a limited time offer of a one-time $100 statement reimbursement after a $100 minimum Hilton stay. Points earning, benefits and fees are as such:

  • 10x per dollar at Hilton
  • 5x per dollar at Airlines
  • 3x per dollar All Else
  • No Foreign Transaction Fee
  • HHonors Gold for the duration of card membership.
  • 1 Anniversary Weekend Night per $10k yearly spend.
  • $95 Annual Fee

All goodies associated with the immediate upgrade to Gold can be viewed here. The 25% base boost from Gold paired with the Points & Points earning method charged to the Citi Reserve card nets

10 base x 1.25 gold boost + 5 bonus + 10 card bonus = 27.5 points per dollar at Hilton, or about a 13.75% reimbursement towards your next stay.

Additionally, Gold status wielders stay an extra 5th night free. As in, redeeming 4 nights with your points gets you a 20% kickback.

The $2500 spend on the card supposedly encompasses the $100 minimum Hilton stay. That stay would bring in 2750 points or higher, depending on the dollar amount multiplied by 27.5. Divvying the remaining $2400 spend elsewhere (the least profitable expenditure category) earns a flat 3x rate, 7200 points. The minimum-earn 9950 points from spending are a pitiable $50 (so bulk splurge at Hilton and on airlines!).

The 2 award nights have a maximized value of $950 when you redeem Top Category. Without taking into account a higher proportion of Hilton or Airline spending, the minimum earnings are

$950 award nights + $100 statement credit + $50 spend earning amounts to $1100. Considering you spent $2500 plus a $95 annual fee, that’s a

$1100 rewards / $2595 spend = 42% reimbursement towards Hilton Hotel stays.

If you optimized earnings by splurging all $2500 on Hilton stays, you’d earn $344 from spending, or effectively a

$1394 rewards / $2595 spend = 54% reimbursement on your stays toward future stays.

The Citi Reserve offers an Anniversary 1 Weekend Night Certificate (valued at $475) after spending $10k on the card and with an additional $95 renewal fee. If you want to obtain that 3rd night certificate, spend optimally, Splurgists (meaning on Hilton or to a lesser extent, on flights).

After the $10k spend requirement and $190 fees, spending at the 3x flat earning rate offers a decent 16.4% return. Optimized 27.5x earning at Hilton is an unbeatable 28.5% return, though.

Compare $1425 award nights + $100 statement credit + $149 earnings / $10190 spend with $1425 award nights + $100 statement credit + $1375 optimized earnings / $10190 spend.

The Citi Hilton HHonors Reserve card is an amicable globetrotter with Zero Foreign Transaction Fees and 5x (2.5%) earnings on flying.

Because the 3rd award night is worth <$500, you’re better hitting the $2500 minimum spend on the card and redirecting the $7500 spend on an airline credit card towards earning a Travel Companion Certificate (worth thousands when flying internationally).

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The Hilton HHonors Surpass Card from Amex offers a 80k points sign-up bonus after spending $3000 within 3 months (offer expires 5/5/15). Points earning, benefits and fees are as such:

  • 12x per dollar at Hilton
  • 6x per dollar on Dining, Groceries and at Gas Stations.
  • 3x per dollar All Else
  • 2.7% Foreign Transaction Fee
  • HHonors Gold for the duration of card membership.
  • $75 Annual Fee

The 25% base boost from Gold paired with the Points & Points earning method charged to the Amex Surpass card nets

10 base x 1.25 gold boost + 5 bonus + 12 card bonus = 29.5 points per dollar at Hilton, or about a 14.75% reimbursement towards your next stay.

Again, the same 20% kickback when redeeming 4 nights.

The 80k sign-up points are worth $400. Spending $3000 at the 6x rate on food and gas earns you $90. I believe you can purchase brand gift cards at supermarkets with the 6x earnings applicable which is less limiting.

So $490 rewards / $3075 spend with the annual fee = 16% savings. If you’re spending optimally on Hilton stays, at the 29.5x rate you would’ve earned $446. That’s 27.5% savings.

Being landlocked by the 2.7% Foreign Transaction Fee yet earning a credible 6x (3%) on food and gas essentials, the Amex Surpass functions as an everyday card.

I personally went for the Amex since Citi has always kicked my teeth in as an applicant. I wasn’t accepted for their Student Preferred card with a 680 score (what with my lack of history lol). But I only felt personally slighted when I was also declined for the Citi Double Cash Back card with a then 715 score. When my jitters calm I’ll probably research and try for some of their generous sign-up cards.

In the meanwhile, my family’s Citi legacy will still thrive through my mother (she’s been working longterm for Citibank, swears by all of their credit cards/customer service and racks up ThankYou points like a champ).

Amex accepted me for the Everyday card at 710 and for the Starwood Preferred Guest card at 720 and for the HHonors Surpass card at 740.

DSCF5611grrr Citi Y U No?

Julie

Best Credit Card for Online Shopping

Splurgists, though I have a second husband in Ebates, I’ve been having a passionate affair with the Discover it credit card. I can’t help the fact that the Discover it is taking me on so many wonderful dates. The 5% cash back at restaurants and movies from now through June incentivizes foodie outings (is it obvious yet how deeply I feel about succulent, odorless cuts of sashimi?) and private matinee attendances.

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The Discover it is a supportive partner and actually cares about my interests. Well, the most important one: online shopping.

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Discover Deals is accessible through the account summary page. Though few affiliates are listed, brands are constantly rotated. The cash back offered is usually very generous. The following deals stood out to me and I provided the current Ebates and Mrrebates offers if any in parentheses for comparison.

  • 10% at Body Shop (Ebates 4%; Mrrebates 8%)
  • 10% at Sephora (Ebates 4%; Mrrebates 7%)
  • 10% at Macys (Ebates 8%; Mrrebates 3%)
  • 10% Under Armour (Ebates 4%; Mrrebates 6%)
  • 10% The North Face (Ebates 4%; Mrrebates 3%)
  • 10% Backcountry (Ebates 5%; Mrrebates 5%)
  • 10% Gaiam (Ebates 5%; Mrrebates 6%)
  • 10% Bluefly (Ebates 3.5%; Mrrebates 5%)
  • 5% Walmart (Ebates 2%; Mrrebates 2%)
  • 5% Apple (Ebates 1%)
  • 5% Anthropologie
  • 5% J. Crew (Ebates 1.5%; Mrrebates 2%)
  • 5% Madewell (Ebates 2%; Mrrebates 2%)

The 5% cash back at Anthropologie and at Apple are especially worthwhile.

I am okay with the fact that Discover Deals cannot be combined with promo codes (as long as free shipping is automatically applied after a purchase minimum and/or ShopRunner) because I am head over heels in like with Discover’s transparent, no strings Price Protection. Splurgists, place impulse buys on this card. I will personally make clothes/shoes purchases with the card through the DD portal because I shop in-season and need to have my exact size.

When you find an identical product being sold at a lower price than the one you paid within 90 days of your purchase (in my case, a $200 Isabel Marant shirt reduced to perhaps $100 off-season), you can file a claim through the 1 800 347 0213 service number. Discover refunds up to $500 of any price difference and up to a generous $2500 total per annum. A call representative confirmed that online stores qualify.

If you purchased multiples of an identical item, Discover only reimburses three and with the $500 cap on each item.

Chase offers price protection on their Sapphire card, but that card charges $95 per year after the first year of account opening. Citi’s Price Rewind does the searching for you, but offers a shorter 60 day coverage.

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^ Discover is famously fee-free.

There is no foreign transaction fee associated with any of Discover’s credit cards. That means a less stressful experience when shopping for European brands and when importing Japanese candies from websites that accept payment in local currency only.

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I like the Discover It card best because of the ongoing $100 Amazon gift card exclusive sign-up offer. If you would instead prefer a $50 cash back sign-up offer applicable towards any purchase, please e-mail me (Julie) at splurgist@gmail.com and I will respond with a referral link. The $50 cash back offer is a referral exclusive.

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Since there’s no annual fee to keep, there’s no pressure to spend on this card when the active 5% categories are lackluster. I can jump back into the arms of my everyday card husband.

Julie