Discover Credit ! Anyone got Discover Credit Card?
Has anyone got the discover credit card like the platinum or gas card, u guys like it? what's exactly is the two cycle average billing? do u get bill every 2 months instead of one? also which is better deal discover gas card or discover platinum? does discover platinum cover gas as well?
The Answer : There are better cash back cards than the Discover Platinum and Discover Gas cards. I used to carry Discover until I found much better rewards cards. I'll get to those in a minute. First, answers to your questions:Discover Gas is the better deal because it offers 5% back on gas and vehicle maintenance up to $1200 per year.Discover Platinum also pays cash back on gas, but at a lower percentage rate: .25% for the first $1500 in spending, .5% for the next $1500 in spending, and 1% back on spending after $3000 (year-to-date).With two cycle average you still get billed every month, but if you're not paying off your balance every month, then you're being charged interest on the average balance you had over the previous two months (rather than the previous one month as is typical with most credit cards).Since rewards cards pay different percentages in different spending categories, have different tier structures, etc., the *best* card for you will depend on your spending profile (how much you spend in various categories each month).An easy way to pick the best card for you is to use the calculator tool at http://www.creditcardtuneup.com/... to estimate how much each of the leading rewards cards will pay you.If you're interested in using two cards to earn more cash back than you could with just one card, the tool will also calculate the best combinations of cards for your spending
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