Discover card is giving 5% cash back for grocery purchases for the next 3 months. I wasn't going to use Discover anymore but I think I will keep it around for certain purchases. Last month's category was gas and I earned $5 in rewards. It shouldn't take me too long to reach the $20 mark and then I will trade my rewards for a $25 Ace Hardware gift card.
I'm trying to scrape up any extra cash for my Christmas fund this year. I've almost reached the $40 mark with the online surveys and then my other credit card will give me $250 cash back as soon as I reach the $200 level. That shouldn't be too hard as soon as I start charging those Christmas presents.
I'm considering buying grocery gift cards with my Discover card this year to get that 5% cash back without actually buying tons of food. I did that last year with the stimulus money and it worked out quite well. I must make sure that I have an extra $200-$400 available to pre-buy groceries though. It would be bad if I locked all my money up in gift cards and then didn't have enough to pay my property tax bill. Hmm...too bad I can't put my property taxes on my credit card. I could earn some nice cash back from that bill.