Discover More Card $50 Bonus Promotion
Aug 15, 2008 
Sun
Discover More Card is having a promotion with $50 bonus. The More card is one of the cards that was featured in my best cash back credit cards post (check out that post for features of this card). If you apply and are approved for a new account and make $500 purchase in the first three months, a $50 bonus will be rewarded within 8 weeks. To apply, use this link.
At the same time, Discover is also offering a $100 bonus for Discover Business Card. To get the bonus, you will have to spend $1,000 within the first three months. Main features of this business card include:
- No annual fee;
- 0% APR balance transfer for 12 months;
- Up to 5% cash back on every purchase.
That 5% cash back certainly looks attractive, making it a solid choice for business expenses. To take advantage of this offer, use this link to open a new account.
I’ve read about people using credit card arbitrage as ways to get out of debt, but what about using these offers to make some additional money? Do you know if it’s wise for someone with good credit and no CC balance to apply for these offers? Would be nice to have an additional $50 or $100 coming in each month.
Do you know anyone who has done this, and then check credit scores for all the open lines outstanding? Guess it wouldn’t be wise for someone buying a home, but what if you already own a home?