What will be the next Discover 5% cashback categories (Q3 2024)?
Mini
17
3.6k
resolved Jun 1
Resolved
YES
Grocery Stores
Resolved
YES
Walmart.com
Resolved
NO
Wholesale Clubs
Resolved
NO
PayPal
Resolved
NO
Target
Resolved
NO
Fitness Club & Gym Memberships
Resolved
NO
Select Streaming Services
Resolved
NO
Ground Transportation
Resolved
NO
Digital Wallets
Resolved
NO
The Home Depot
Resolved
NO
Uber
Resolved
NO
Lyft
Resolved
NO
Amazon.com
Resolved
NO
Drug Stores
Resolved
NO
Gas Stations & Electric Vehicle Charging Stations
Resolved
NO
Restaurants
Resolved
NO
Home Improvement Stores
Resolved
NO
Public Transit

Discover runs quarterly 5% cash back on certain categories every quarter. Last year, they switched to announcing the categories one quarter at a time.[1] Naturally, this makes it somewhat interesting to speculate on.

I will also trade in this market.

Resolution Criteria

This market will resolve based on the official announcement of Discover's 5% cash back categories, which can be found on their rewards category page. If the webpage is unavailable, resolution will be based on information from the Discover mobile app or direct contact with a representative.

Each choice represents a single category. The market will resolve to YES for any category that matches the official announcement.

Proposing New Choices

Only I, the market creator, will be able to add new categories. To maintain clarity, please refrain from submitting choices that are minor variations of existing ones (e.g., "drugstore" vs. "drug store").

Previous rewards quarters

2024 – Q2: Gas Stations & Electric Vehicle Charging Stations, Home Improvement Stores, Public Transit[2]

2024 – Q1: Restaurants, Drug Stores[2]

2023 – Q4: Target.com, Amazon.com[3]

2023 – Q3: Gas Stations, Digital Wallets[3]

2023 – Q2: Restaurants, Wholesale Clubs[3]

2023 – Q1: Grocery Stores, Drug Stores, Select Streaming Services[3]

2022 – Q4: Amazon.com, Digital Wallets[4]

2022 – Q3: Restaurants, PayPal[4]

2022 – Q2: Gas Stations, Target[4]

2022 – Q1: Grocery Stores, Fitness Club & Gym Memberships[4]

2021 – Q4: Amazon.com, Walmart.com, Target.com[5]

2021 – Q3: Restaurants, PayPal[5]

2021 – Q2: Gas Stations, Wholesale Clubs, Select Streaming Services[5]

2021 – Q1: Grocery Stores, Walgreens, CVS[5]

2020 – Q4: Amazon.com, Walmart.com, Target.com[5]

2020 – Q3: Restaurants, PayPal[5]

2020 – Q2: Gas Stations, Uber, Lyft, Wholesale Clubs; The Home Depot (June only)[5]

2020 – Q1: Grocery Stores, Walgreens, CVS[5]

2019 – Q4: Amazon.com[5]

2019 – Q3: Restaurants[5]

2019 – Q2: Gas Stations, Uber, Lyft[5]

2019 – Q1: Grocery Stores[5]

2018 – Q4: Amazon.com, Wholesale Clubs[5]

2018 – Q3: Restaurants[5]

2018 – Q2: Grocery Stores[5]

2018 – Q1: Gas Stations, Wholesale Clubs[5]

2017 – Q4: Amazon.com, Target.com[5]

2017 – Q3: Restaurants[5]

2017 – Q2: Home Improvement Stores, Wholesale Clubs[5]

2017 – Q1: Gas Stations, Ground Transportation, Wholesale Clubs[5]

Sources

[1] https://old.reddit.com/r/CreditCards/comments/yp8l10/update_on_discover_2023_categories/

[2] https://www.discover.com/credit-cards/student-credit-card/it-card.html#calender-link

[3] https://www.creditkarma.com/credit-cards/i/discover-cash-back-category-groceries

[4] https://web.archive.org/web/20221115023450/https://www.discover.com/credit-cards/student-credit-card/it-card.html

[5] https://thepointsguy.com/news/discover-cash-back-quarterly-categories/

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Resolves Walmart and Grocery Stores

lol! I don’t have a horse in this race but the question is great

To get some data out there for traders, here is the seasonality of each category by quarter.