Discover Adds Best Buy to Bonus Cash Back List for Rest of 2020

Paul Soucy
By Paul Soucy 
Published
Edited by Erica Corbin

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

» This offer has expired

The offer described in this article has expired. See our best credit cards page for updated offers.

With Black Friday looming, Discover is tweaking its bonus categories for the fourth quarter of 2020, adding Best Buy to the mix.

Select cards from the issuer, including the Discover it® Cash Back and the Discover it® Student Cash Back, pay 5% cash back in categories that you activate, on up to $1,500 per quarter in combined spending and 1% on all other spending.

The 5% categories for October through December were originally Amazon.com, Walmart.com and Target.com. From Nov. 25 to Dec. 31, purchases at Best Buy will also qualify.

If you've already activated the fourth-quarter categories, there's nothing more you need to do. Best Buy purchases, both in-store and online, will automatically start earning 5% cash back until you hit the quarter's combined spending limit. (Best Buy spending from before Nov. 25 will earn 1% cash back.)

It's the first time going back to at least 2014 that Discover has offered 5% cash back at Best Buy. The Citi Dividend card, which has a similar rewards structure, features Best Buy as a 5% retailer in the fourth quarter every year.

Looking for good deals in the bonus categories? NerdWallet's Black Friday team has you covered:

Discover bonus rewards categories for 2024

Q1 (Jan. 1–March 31)

  • Restaurants.

  • Drugstores.

Q2 (April 1–June 30)

  • Gas stations/EV charging stations.

  • Home improvement stores.

  • Public transit.

Q3 (July 1–Sept. 30)

  • TBD (In 2023: Gas stations; digital wallets).

Q4 (Oct. 1–Dec. 31)

  • TBD (In 2023: Amazon, Target).

The information related to Citi Dividend has been collected by NerdWallet and has not been reviewed or provided by the issuer or provider of this product or service.

Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

Get Started
Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.