I had to get gas for my carpool and gas for my truck today. I put them both on my Discover card to see if they will really give me 5% back as promised. There's probably something in the fine print about a minimum purchase before cash back rewards or something. I'll check it out on the next statement. I still need $3 more in cash back rewards before I can redeem $20 for a $25 Ace Hardware gift card. After that I think I'll take Discover out of my wallet again and go back to using my Chase card. I don't like carrying multiple credit cards with me.
I also opened a 9 month CD with Discover Bank at 1.75%. It's a sad little rate but better than nothing. When my other CD matures in September I'll open another CD, or maybe 2 CD's for different lengths, 9 month and 6 month. The cool thing is that since I plan to use that money to pay off my mortgage next year, I have to think about when I want the money to be available. A one year CD starting in September would be too long because I want to put chunks of it towards the mortgage a few months ahead of the payoff month which is next October (hopefully). That is just too exciting to think about. Only a few more months until the one year mark. Yea!