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Discover Cash Over / Cash at Checkout Feature
One of the things I love about my job is letting people know about features of their credit card that sometimes fly under the radar. Today I’m going to talk about a feature of Discover It (my review) that isn’t even really advertised anymore.
The feature in question used to be called “Cash Over” and now it is called “Cash at Checkout”. Basically, Discover will allow you to get money back from a cashier when checking out at select stores up to $120 per 24 hour period. The cashback is subject to your normal APR (don’t carry a balance), does not trigger a cash advance fee and the process works the same as with your ATM Debit card, just without the need for a pin.
Frequently Asked Questions
Here is the FAQ list about the feature from their website:
How do I get cash at checkout?
Easy. Just use your Discover Card at checkout and choose how much cash you’d like.
Will I be charged a transaction fee for getting cash at checkout?
No. There is no fee for the transaction.
Is there a special interest rate applied?
Not at all. The same purchase APR apply, just like your other Discover Card purchases.
Is there a limit to how much cash I can get at one time?
Cash Over transactions are limited to $120 every 24 hours with no monthly limit. Most stores have a cash over limit. Please check with your local store.
Real World Experience
To test this feature out I recently made a $1 purchase at my local Smith’s store. (Kroger) After swiping my card, the system asked if I wanted cashback as shown above. Initially I asked for $40 back, but the transaction was declined. When I asked for only $20, everything went through.
Despite the $120 limit mentioned in their FAQ, Discover says every store has a different limit. I’m guessing Smith’s will only allow $20 per transaction. One other thing to note is that not all stores participate either. Discover used to publish a list of stores on their website, however that has been removed. Most major grocery and big box stores support this feature.
Do You Earn Rewards
A “Cash at Checkout” transaction is only supposed to earn rewards for the purchase amount. I have read varying reports that transactions at Walmart and Sam’s Club specifically do earn rewards on the cashback too, but I have not been able to confirm that. You will not earn cashback rewards on the “Cash at Checkout” amount in most cases.
Many people are weery to use a debit card attached to their bank account when shopping at grocery and other stores. Using your Discover card to get cash out in a pinch can be a great no-fee way to get money, especially while traveling when you may not be able to easily find your bank’s ATM.
Have you ever used this feature? Let me know in the comments!