Costco No Longer Accepting American Express in 2016

Starting in early 2016, you will no longer need an American Express card to pay with a credit card at Costco. Not earth-shattering news (although I do buy a lot of stuff at Costco), but as a credit card geek I thought some of the details that came out were interesting:

  • American Express and Costco are ending their 16-year partnership when their current contract ends on March 31, 2016. After that, American Express will no longer be accepted at Costco wholesale stores.
  • The relationship accounted for 8% of AmEx’s revenue last year, 20% of its worldwide loans, and 10% of its cards in force. That’s a pretty sizable chunk of their business, but American Express had to offer deeply-discounted transaction fees to get it. I guess they didn’t think it was worth it anymore.
  • In Canada, Costco has already dropped AmEx and replaced them with Capital One and Mastercard. Reportedly, Costco is also in talks with CapOne and Mastercard for their US stores as well (though they state they are also talking with other issuers).
  • The co-branded Costco TrueEarnings American Express card is expected to be discontinued, and American Express will probably be offering cardholders an alternative card. It really wouldn’t make sense to keep it around if you couldn’t even use it at Costco.

Sources: WSJ, AP, Marketwatch

Chase Ink Plus Business Card Review: 50,000 Rewards Points Bonus

Chase Ink Plus Card Art

Chase’s newest small biz credit card is called the Ink Plus® Business Card. It turns out to be very similar to the Chase Ink Bold Business card, but with the important difference that the Ink Plus is a credit card where you can carry a balance and the Bold is a charge card that you must pay in full each month. The current APR for both purchases and balance transfers is 15.24%.

This means that the Ink Plus is a separate card with its own sign-up bonus, currently a limited-offer of 50,000 Ultimate Rewards points after your after spending $5,000 in the first 3 months your account is open. You can read about my Ink Bold bonus experience here.

Ultimate Rewards points are very flexible:

  • Cash. 1 point = 1 cent in cash, so 50,000 points = $500 cash.
  • Travel. 1 point = 1.25 cents towards travel, so 50,000 points = $625 towards travel at the same prices at Expedia or Travelocity (no % markups), split up however you like into multiple tickets, down to the penny. Good for people who don’t like to bother with miles.
  • Frequent flier miles and hotel rewards points. Transfers directly to United miles, British Airways miles, Hyatt hotel points, and Marriott hotel points. Best for folks that are willing to research and maximize their miles. Top up your account to reach an award, an transfer over only what you need.

Here are the important features of this card:

  • Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That’s $625 toward travel when you redeem through Chase Ultimate Rewards.
  • Earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
  • Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year.
  • No foreign transaction fees.
  • Chip-enabled for enhanced security at home and abroad.
  • Free Employee Cards
  • $0 Intro Annual Fee for the first year, then $95

You can buy Amazon.com gift cards at Staples and OfficeMax and get the 5x points, effectively discounting them 5% in cash (6.25% in travel), which may also help you with the spending requirement. Based on past experiences, you should be able to get this card and bonus in addition to the Ink Bold card as they are different cards. I already have the Chase Sapphire Preferred personal card and the Ink Bold card, so I’ll probably wait for a bit and then try out this new card as well for my business. Gift cards purchases are also useful for satisfying the spending requirement for the bonus.

Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. The business type is called a sole proprietorship, and these days many people are full-time or part-time consultants, freelancers, or other one-person business. This is the simplest business entity, but it is fully legit and recognized by the IRS. On a business credit card application, you should use your own legal name as the business name, and your Social Security Number as the Tax ID. This is how I got all my cards before incorporating, and how my wife gets her business cards for her small side business.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.  “The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

Citi Credit Cards: Free FICO Score from Equifax

After announcing their plans last year, Citibank has starting giving out free FICO credit scores. Available to “Citi-branded consumer credit cardmembers”, visit citi.com/creditscore and log into your account to view your score. You should also find it under Card Benefits. The FICO scores will be updated monthly and are based on your Equifax credit bureau data. According to the press release, you can also request that the score be mailed to you by contacting customer service. You’ll also get:

FICO® Score with two key factors impacting their score
FICO® Score Meter to show cardmembers where they fall within the credit score range
A visual of the score range to help them understand what each range means to lenders
A breakdown of the factors that contribute to FICO® scores

For those curious about the specific score model (range 250-900):

Your FICO® Score is calculated based on data from Equifax using the FICO® Bankcard Score 8 model and may be different from other credit scores.

That means this is a industry-specific FICO score, but not a “classic” FICO. From their FICO Score FAQ:

The classic FICO® Score which is in use today by the vast majority of lenders fall within the 300-850 score range. This score range was introduced to establish an easy-to-understand, common frame of reference for lenders and consumers. Industry-specific FICO® Scores, such as those for auto lending or credit card lending, were developed to accommodate the unique characteristics of their respective industry and range from 250-900. Some lenders also use FICO® Score NG, which ranges from 150-950.

As always, checking your own score will not affect the score itself. Reports are that Citi American Airlines consumer cards are included, in addition to Double Cash, Dividend, ThankYou, Forward, Prestige, Simplicity, etc. You may find yourself having to wait a bit (maybe as my cards are new?) as this is what I got:

No score is available for us to provide to you right now. Please check again later.

Screenshot (click to enlarge):

citificosmall

Citi® Double Cash Card Review: 1.99 or 2% Cash Back Credit Card

citidouble200Our partner Citi has an all-new cash back credit card and it is actually quite compelling. With the Citi® Double Cash Card, as the name suggests you earn cash back twice:

  • 1% unlimited cash back on every purchase you make
  • An additional 1% unlimited cash back as you pay for those purchases, whether you pay in full or over time.

This all comes with no caps, no tiers, no category restrictions, no quarterly enrollment hoops, no rotating categories. All with no annual fee. The only way you don’t get your 1% + 1% total is if you default on your bill and don’t even make the minimum payments. You can redeem your cash rewards in full as soon as it totals $25 or more, via check, direct deposit, or statement credit (i.e. if you have $31.44, you can get a check for $31.44).

You say that if pay your bill, then this is either a 1.99% or 2% cash back card. Why? Imagine you put $100 on the charge, 1% is earned so you have $1. Then you redeem that $1 (ignore minimums for this example) for a statement credit (as opposed to paper check) which means Citi actually “paid” for $1 of the $100. So you pay the remaining $99 and get an additional 1% or $0.99 back. Final tally: $1.99 back on $100 in purchases, or 1.99% back.

  • If you ask for your cash rewards in the form of an electronic funds transfer into a linked bank account, you’ll get the full 2% total cash back. The bank account can be a checking account from any bank from which you have paid a Citi Credit Card bill at least two times, or any Citi savings/checking account.
  • If you ask for your cash rewards in the form of a check, you’ll get the full 2% total cash back.
  • If you ask for your cash rewards in the form if a statement credit, you’ll get 1.99% effective cash back.

If you charged $1,000 per month, the difference between 1.99% and 2% per month would be a whopping 10 cents per month, or 1.20 per year.

There have been flat 2% cards in the past (Fidelity Mastercard, Sallie Mae, Priceline) but they are all no longer open to new applicants. However, most existing cardholders were grandfathered in, so based on that precedent you may want to get this card while it is still offered. According to varying reports, certain cardholders can call in and try to convert their existing Citi cards over, but you may or may not be successful. Converted cards are not eligible for the 0% interest for 15 months mentioned below.

Obviously, you’ll want to pay in full every month (unless taking advantage of the 0% APR promo rate on purchases) as to not rack up interest charges which can quickly offset your cashback rewards.

0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99%, 15.99%, 18.99%, 20.99%, and 22.99%, based on your creditworthiness. There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.

Bottom line. Given the combination of the ability to get 2% flat cashback on all purchases, no annual fee, and the fact that it is a Mastercard which has the widest acceptance, the Citi Double Cash is a great rewards card to keep in your wallet, both for those who prefer simplicity and just want one card and for those who like optimizing multiple cards and can now establish a 2% minimum on everything. I don’t know of any other card that offers this combination of features.

Citi Double Cash Leaderboard

Five Ways To Get a Free Credit Score (No Trials!)

Updated for 2015. I always check all of my credit reports at the beginning of the year, but I also track my credit activity year-round with free credit scores from all 3 bureaus for free.

The government allows you to get a free credit report once every 12 months from AnnualCreditReport.com. But what about your numerical credit score? Here is a compilation of different ways to grab a free credit score without the hassle of annoying trial offers or providing a credit card. The goal: No free trial membership required, no credit card number required, nothing to cancel. Here are the best options I could find.

Remember, everyone has three credit scores, one from each of the three major credit bureaus: Experian, Equifax, TransUnion.

Credit Sesame

Credit Sesame is an ad-supported site that offers you a free credit score based on your Experian credit report. Updates once a month. Range is from 300-850. They also offer free credit monitoring of changes to your credit report.

You will need to provide your personal information and Social Security number to some of these companies, naturally, so be comfortable with that. None of these methods by themselves will affect your credit score as you are requesting them for yourself.

And now, for a limited time, Credit Sesame is offering $50,000 in identity theft insurance and access to identity restoration help for FREE.

 

Quizzle logoQuizzle

Quizzle.com is an ad-supported site that offers a free credit score based on your Equifax credit report, called a VantageScore credit score, updated once every 6 months. You also get a free copy of your Equifax credit score once every six months. Twice a year is less often than other services and makes it harder to track credit improvement, but hey it’s still free. The score scale is also 300-850.

CreditKarma

CreditKarma.com is an ad-supported site that offers you the ability to check your credit score based on your TransUnion credit report, updated every week for free. The score range is the same as FICO, from 300-850. They offer insights into improving your credit score, and you can also opt-in to free daily credit monitoring.

Discover it 14 Month BT (RED)Free TransUnion FICO from Discover it Card
The new Discover it® Card offers you a free FICO score based on your TransUnion credit report once every month with your statement. The card has no annual fee and includes features like 5% cash back on rotating categories and no foreign transaction fees. A good rewards credit card with no annual fee, plus a free FICO score baked in.

Cheap Equifax FICO from myFICO
Alternatively, if you want an official FICO score on the cheap, you can sign up for a month of ScoreWatch at MyFICO.com for $4.95. You’ll get an instant free Equifax credit report and Equifax FICO credit score. You’ll need a credit card. You must call 1.888.577.5978 to cancel within that first month, although you may be able to do it online as well. My recommendation is to get your credit report and credit score, print or save to PDF, and then cancel immediately afterward on the same day so that you won’t forget later. Hours (PDT) M-F 6am-6pm, Sat 7am-4pm, Sun Closed.

US Airways Premier World MasterCard Review: 50,000 Mile Bonus (Updated)

Bonus improved from 40k to 50k miles for limited time. American Airlines and US Airways have announced new details about their upcoming merger. As expected, the two frequent flier programs will merge and all the miles will become American AAdvantage miles in 2015. (US Airways Dividend miles will convert at a 1:1 ratio.) Along with that, they have updated both the Citi American Airlines card and Barclaycard US Airways card slightly.

Here are the updated features of the US Airways Premier World MasterCard®. I got the bonus myself (unfortunately at only 40k miles) and have posted details on that below as well.

  • Earn 50,000 bonus miles after your first purchase and payment of the $89 annual fee
  • First checked bag free on eligible bags for you and up to four companions on domestic US Airways operated flights only.
  • One companion certificate good for up to 2 guests to travel with you on a US Airways operated flight at $99 each, plus taxes and fees.
  • Priority boarding Zone 2 on US Airways operated flights only.
  • Redeem miles for award travel on US Airways and American Airlines booked through usairways.com or US Airways Reservations
  • Earn miles on every purchase with 2 miles for every $1 you spend on US Airways and American Airlines purchases and 1 mile for every $1 on purchases everywhere else
  • New! Receive a 25% savings on eligible US Airways and American Airlines in-flight purchases
  • Please see terms and conditions for complete details

Again, the unique thing about this card is that American Airlines and US Airways are merging and these bonus miles will become American miles. You can already book reward flights on American with US Airways miles. That also means this Barclaycard-issued card will no longer be accepting applications and you won’t be able to get its sign-up bonus or other unique perks ever again. It is reported that this card will eventually convert essentially into a Barclaycard American Airlines card. So these are miles I didn’t want to leave on the table.

Note that 50,000 mile bonus does not require any minimum purchase amount and that there is an $89 annual fee that is not waived for the first year. 50,000 miles for example is more than enough for a roundtrip from the US to Hawaii or even two roundtrips within the continental US, so that is worth it for me. The US Airways companion certificate is also a unique feature which would be awesome if it eventually applied to American flights (though it probably won’t).

My bonus experience. Applied on 7/14. Approved on 7/21. First statement closed on 8/12, in which I charged $10 and also paid the $89 annual fee. I read some stories about other people making only a single purchase (the minimum technically required) but having to call in about the bonus. Thus, I put on another 4 small charges during the second statement period which ended 9/12 totaling about $49. My 40,000 bonus miles posted 9/13, one day after the closing of my second statement period. Here is a screenshot:

usair40k

The card is issued by Barclaycard, which means you also get a free FICO score every couple months.

American Express Small Business Saturday 2014 – $30 Total Bonus Per Card

sbs180

Reminder: Registration is now live on Shopsmall.com. You will get e-mail confirmation. I would highly recommend registering sometime on Sunday to guarantee your spot, as the number of registrations is limited. The actual day that you must make your purchases is Saturday, Nov 29, 2014. Details are below.

Have you made your SBS Game Plan? Remember that authorized users of eligible cards are also eligible for this promotion. Given that it is three separate $10 credits per card, it’ll make your live easier if you plan out your purchases ahead of time. Here’s my list:

  • Local grocery stores. There’s one where I can find the sunflower seed butter for my kid, and the one with the good raw lasagna.
  • Local restaurants and coffee shops. Just make sure they take AmEx!
  • Local doggie bakery. Usually too pricey for me, but a good place for gifts!
  • Local sporting goods stores and bike shops. Buy some tennis balls, some little things for my bike, etc.
  • Local hardware stores. These are a dying breed, but there are still some non-Home Depot small business hardware stores in my area.
  • Local bookstore. Another rarity, but there happens to be one next to a local restaurant we like!

If they sell gift certificates, buy them! If you only want to spend $10, you can say those can make good stocking stuffers. If you would otherwise buy a $25 certificate for a gift, hey that’s still 40% off what you would have paid. Also don’t be shy about using more than one card at a place. AmEx is paying those $10 credits, not them, so the merchants should still appreciate your patronage.

Original Small Business Saturday 2014 post:

American Express has confirmed that they will bring back Small Business Saturday (SBS) on Saturday, November 29th – two days after Thanksgiving.

The significant change this year is that now it is up to three separate $10 statement credits, for a total of up to $30 per eligible card. Details from the Official Terms and Conditions [pdf]:

  • Limit three (3) $10 statement credits per eligible American Express Card. To receive the offer, Card Members must register any eligible American Express Card for this offer. Corporate Cards and all prepaid Card products (other than American Express Serve® and Bluebird®) are not eligible.
  • The number of registrations is limited. Registration opens at 12:00 A.M. MST (“Mountain Standard Time”) on Nov 16, 2014 and will continue until 11:59 P.M. MST on Nov 29, 2014, unless the registration limit is reached sooner.
  • To receive the $10 statement credit, the Card Member must use his or her registered Card to spend $10 or more in a single, in-store transaction at a qualifying small business location on Saturday, Nov 29, 2014.

Other important terms and tips:

  • Qualifying small business locations appear on the Shop Small Map.
  • If you don’t have anything specific in mind, even gift cards to a local non-chain restaurant, grocer, hardware store, or clothing boutique count.
  • In all previous years, additional authorized user cards have been eligible for their own $10 credit. (Authorized user cards with AmEx get their own unique card number.) I see nothing that changes that in this year’s rules. Many American Express cards offer additional cards for free to authorized users like your spouse, partner, or older children.
  • Most prepaid cards are not eligible, but American Express Bluebird and Serve cards are eligible. Given that these cards are free to obtain (officially you can only have one or the other, though) this is another path to an additional free $30 of small business patronage in 2014.

Small Business Saturday remains a very creative way for American Express to tell the public that they’ve greatly increased acceptance of their cards at small businesses, which has always been their relative weak spot due to their slightly higher fees for the merchant. (It also makes small business that aren’t accepting AmEx to think twice…)

This is a great perk for American Express cardholders. With a little advance planning multiple credits are very easy to get… I’ve gotten them every year without issue.

Southwest Airlines Rapid Rewards Premier Credit Card Review: Roundtip Flight + Companion Pass INFO

Southwest Premier Card ImageUPDATE – This offer is now EXPIRED

Southwest has brought back their 50,000 bonus point promo for the Southwest Airlines® Rapid Rewards® Premier Credit Card. That’s worth two Round trip Flight (over $700 in airfare with no limited-capacity seating hoops or $500 in Amazon.com gift cards) after you spend $2,000 in the first 3 months of opening your account.  There is a $99 annual fee that is not waived the first year.

2015/2016 Companion Pass
Southwest’s Rapid Rewards Companion Pass allows you to designate one person to fly with you for free (person can be changed 3 times). To qualify, you must earn 110,000 points in a calendar year, and yes credit card points count! If you are careful with when you meet the spending requirement (wait until January), you can earn the status in very early 2015 and then you can use the Companion Pass for the rest of 2015 and all of 2016. The companion pass even works on award tickets!

Besides a lot of spending or flying, the small business version of this card has a 50,000 point bonus. Spend $2,000 on each of these two cards and you’ll qualify for both the 50k bonus and 50k bonus plus the 4k from spending for a total of 104,000 Rapid Rewards points. Spend a little more on the card or take some Southwest flights to make up the last 6,000 points and you’ll have 110,000. Those 110k points will be worth over $1,400 in Wanna Get Away airfare split up into however many flights you want + a free companion pass which can effectively double the value.

More Details
The huge “2 Roundtrip Flights” banner on the Southwest Airlines® Rapid Rewards® Premier Credit Card application page is based on the fact that an “average” round-trip $357 Wanna Get Away fare would cost about 25,000 points. In reality, the value of the bonus is $714 in Southwest airfare broken up however you like. Any Wanna Get Away fare is eligible, so this bonus is very useful for Southwest fliers. If you take shorter flights or wait for a fare sale, this could easily be worth multiple roundtrip flights. 25,000 points can also be converted to $250 in gift cards to Amazon.com, Wal-mart, and other retailers.

Currently 70 points = $1 worth of Wanna Get Away airfare, which means you get 1.43 cents of value per point. Southwest is still offering two free checked bags, which can be a significant roundtrip savings. Here are the rest of the details:

  • Get 50,000 points for 2 Roundtrip Flights after you spend $2,000 on purchases in the first 3 months of opening your account. Government fees as low as $23 not included.
  • Get 6,000 points after your Cardmember Anniversary.
  • Earn 2 points per $1 spent on Southwest Airlines® and AirTran® Airways purchases made directly with the airlines and on Rapid Rewards Hotel and Car Rental Partner purchases.
  • Earn 1 point per $1 spent on all other purchases.
  • Redeem points for gift cards, car rentals, cruises, hotel stays, and international flights to over 800 Destinations on 50+ global carriers.
  • No foreign transaction fees

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.  “The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

Citi American Airlines AAdvantage Mastercard Review: 50,000 Bonus Miles (Updated)

citinewaaUpdated. American Airlines and US Airways have announced new details about their upcoming merger. As expected, the two frequent flier programs will merge and all the miles will become American AAdvantage miles in 2015. (US Airways Dividend miles will convert at a 1:1 ratio.) Along with that, they have slightly updated both the Citi American Airlines card and Barclaycard US Airways card.

Here are the updated details on the Citi® / AAdvantage® Platinum Select® MasterCard® from our partner Citi:

New cardholder bonus:

  • For a limited time, earn 50,000 American Airlines AAdvantage® bonus miles after making $3,000 in purchases within the first 3 months of account opening*
  • Annual fee is $95, waived for first 12 months.

American Airlines and US Airways perks:

  • Free checked bag for you and 4 companions. Your first eligible checked bag is free for you and up to four travel companions. This perk still only applies to American and not US Airways.
  • Free Priority Boarding. Priority Boarding with Group 1 privileges for you and up to 4 companions on American flights only.
  • 10% rebate on award redemptions. Earn 10% of your redeemed AAdvantage miles back – up to 10,000 AAdvantage miles each calendar year*
  • 25% savings on in-flight purchases (food, beverages, and headsets) on both American Airlines and US Airways flights.
  • Earn a $100 American Airlines Flight Discount every cardmembership year with qualifying purchases and cardmembership renewal. The Flight Discount is also redeemable for air travel on any oneworld® carrier or American Airlines codeshare flight (this includes US Airways flights booked as American Airlines codeshare flights).
  • Double miles on both American Airlines and US Airways purchases. Double AAdvantage miles on eligible American Airlines and US Airways purchases* like plane tickets and 1 AAdvantage mile for every $1 spent on other purchases.

Money Magazine Best Credit Card Rankings 2014

money1410The October 2014 issue of Money Magazine features their annual rankings of the “Best Credit Cards”. Here’s a condensed list of their top picks for various categories. I’ve written about most of them, and in those cases I’m linking to that post which provides more details. Otherwise, I’m linking directly to the card page and including a few highlights about the card.

Best for Balance Transfers (Low, long introductory APR)

  • Chase Slate Card. 0% on purchases and balance transfers for 15 months. No balance transfer fee if you transfer within the first 2 months. No annual fee.

Best for Regular Balance Carriers (Low ongoing APR)

Best for Purchases (Low, long introductory APR)

  • Citi Simplicity Card. 0% on purchases and balance transfers for 18 months. 3% balance transfer fee, $5 min. No annual fee.

Best Flat-Rate Cash Back Rewards (Tie)

  • Citi Double Cash Card. 1% flat back when you swipe, 1% flat when you pay your bill. No limits or tiers. If you redeem rewards via check that is 2% flat cash back, if you redeem via statement credit then it is actually technically 1.99% cash back. Spend $2,000 a month on this Mastercard and get back $480 a year without changing your spending patterns. No annual fee.
  • Fidelity American Express. 2% back with no limit or tiers. Rewards must be deposited into a Fidelity account.

Best For Cash Back on Essentials

Best 5% Cash Back Cards (Tie)

  • US Bank Cash Plus. 5% back on two categories from 12 possible choices, on $2,000 in purchases per quarter. No annual fee. Must apply in physical branch, application is not available online.
  • Chase Freedom. 5% in categories that rotate quarterly, on up to $1,500 in purchases per quarter. $100 sign-up bonus. No annual fee.

Best For Travel Rewards / Traveling Abroad.

Best For Miles Hounds / Best Sign-Up Bonus.

  • Chase Sapphire Preferred. Big upfront sign-up bonus, 2x points on Dining and Travel, Ultimate Rewards points offer flexible transfers to miles, cash, or travel credit.  $0 annual fee first year, then $95.

Best For Hotel Perks.

Best For Small Business Rewards.

  • Chase Ink Cash. Decent sign-up bonus, 5% cash back on up to $25,000 in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services. No annual fee.

Best For Small Business Borrowing.

  • US Bank Business Edge Platinum. 0% on purchases and balance transfers for 12 months, 10% to 18% after that. This is the lowest APR among no annual fee small biz cards. No annual fee.

Best First Card For a College Kid

Best Card For Online Shopping

  • Discover It Card. The ShopDiscover portal offers cash back bonuses of 5% to 20% at select online retailers, which can be redeemed as statement credit. Also has 5% rotating categories. No annual fee.

Discover Card 5% Back At Lowe’s, Shell Gas, or Walgreens

Discover It and Discover More cardholders may be able to get 5% cashback at your choice of one of the following stores: Applebee’s, Bed Bath & Beyond, Lowe’s, Olive Garden, Shell, or Walgreens from now until November 30th, 2014. Subject to a cap of $1,000 in purchases. Valid both in-store and online. I think the best options for most would be Lowe’s (home improvement or wide selection of gift cards to Amazon, etc), Shell (gasoline), or Walgreens (coupon book items, expensive meds, or gift cards). I was able to get the promo by doing the following:

  1. First, log into your existing online account at Discover.com.
  2. Then, come back here and click on this link from the same browser.

You should see this page (click to enlarge):

discoverpick

This is in addition to the standard 5% back categories on the Discover it card, currently 5% back on up to $1,500 in purchases at Online Shopping and Department Stores and movies for 4th quarter of 2014. Selected fine print:

*Sign up to earn 5% Cashback Bonus on up to $1000 in total purchases made at your choice of one of the following stores: Applebee’s, Bed Bath & Beyond, Lowe’s, Olive Garden, Shell, or Walgreens from 10/1/14 (or the date you sign up, whichever is later) through 11/30/14. Once you sign up, no changes can be made to your selection. Purchases made using virtual wallets or third party payment providers will not be eligible. Purchases made outside of the U.S. will not be eligible. Rewards are added to your Cashback Bonus account within 2 billing periods. See Cashback Bonus Program Terms and Conditions for further details.

1 Year Free Identity Protection and Credit Monitoring from Home Depot

hdallclearidHome Depot has admitted they were recently hacked and customer information was compromised and stolen. If you have shopped at any Home Depot store after April 1, 2014, you are eligible for one free year of identity protection and credit monitoring at homedepot.allclearid.com (press release).

If you need identity repair assistance during the next 12 months, starting on September 8, 2014, we have a team of dedicated fraud resolution investigators available to assist you. They will do the work to recover financial losses, restore your credit, and make sure your identity is returned to its proper condition.

For additional protection, we are also making available at no cost to you a service that includes credit monitoring, identity monitoring, and an identity theft insurance policy.

It appears you get AllClear Secure identity repair service and a 12-month AllClear PRO subscription (retail price of $14.95 a month, though I’d never actually pay that). Call 1-855-252-0908 for identity repair assistance. You’ll have to provide them with your Social Security number. Keep in mind that with all major credit card issuers, you have zero liability for any unauthorized charges as long as you report them in a timely manner.

Reminder: Everyone can get free daily credit monitoring from all three major credit bureaus through the following sites: Credit Sesame for Experian, Credit Karma for TransUnion, and Quizzle for Equifax (I got offered this last one, but it may be targeted).