Hey Duane here with how to build credit TV and in this video I'm gonna be
showing you my credit card statement with Discover Card and how I was able to
accumulate over three hundred dollars worth of cashback. But before we get
started I have a quick message.
Once again my name is Duane with how to build credit TV. This channel offers
100% free information about how to build credit, how to get cash back actual cash
money using credit cards, as well as credit card reviews. So if this sounds like
something in which you're interested be sure to subscribe and click the
notification bells so you don't miss a thing. Alright guys so I I thought it was
important for me to do a video and just kind of show you my monthly statement
because that way there's there's no hiding this is just 100% proof of how I
was able to get over $300 worth of cashback and this is pretty much how it will
work for you as well if you decide to get a credit card that offers cashback
or a credit card that has like 5% in certain categories like the Discover
card. As well as the Chase Freedom Card I have that card as well I'll do videos on
that card as well. Coming soon, but what I'll do is I'll go and hop on over to my
laptop and I'll login to my discover account and show you guys my statements.
Alright so I'm gonna go ahead and go to this Discover website and log into my
account here and show you guys my statement balances from when I initially
got the Discover card until now. Of course I'll have to block out this
information here as I log into my account. Alright so I'm in my account
here and on the right side here you can see my current cashback bonus available
is three hundred fifty four dollars and ninety cents and I also have cashback
match well which they will match September 2018. I'm not gonna spend this
money because I want to just wait and until I get my my cashback match because
I think would be really awesome if I can get five hundred dollars cash back and
they match five hundred dollars. So it'll be a thousand dollars, the cool thing about
Discover Card is that I can actually transfer the money into my checking
account so I don't have to redeem it towards my credit card statement I could
transfer the money to my account so it's actual cash money in my account direct
deposit. So that's pretty cool alright so I'm gonna go ahead and show you guys my
statements here give me a second I actually never get on the website I use
my app for everything. Okay so I got to find it here alright cool so I'll go
ahead and start back with the first statement back on back in August August
to September 2017. I'll click on that kind of show you guys and on the right
side here you can see that I got cashback I earned eleven dollars and
sixteen cents. The cool thing about all the cashback that I'm able to get is
that I'm getting all this cashback and I'm paying 0% interest. So as I go
through my statements you'll see here on the right hand side where it says
interest charge 0% there was one time I had a fee I don't remember what it was
about but I call them and they actually credited my account back I don't
remember what the fee was about but it was 20 bucks and that really kind of
upsets me because I'm like man I wanted to show you guys like zero dollars all the
way across. Alright so I'll go back and I'll show
you the next statement here so we'll go with September to October.
Alright September to October here on the right hand side and as you can see I
had 11 dollars from a previous statement on this statement I earned 39 dollars
and 28 cents which brought my total cash back balance up to 50 dollars and 44
cents after 2 months. After the first month I was like cool I got 11 dollars
cash back I was like I'm really gonna try to maximize this and that's exactly
what I did so I'll keep going here and show you guys the next statement. I'll go
to October to November 2017 alright and on the right hand side for that
period I got 35 dollars and 63 cents cash back altogether that totals 86
dollars and seven cents alright we'll keep it going to the next statement.
We'll go with November 17th to December 16th this one I think is a big one
because there was the Amazon and target for the 5% cash back and I think I got I
think I got in with that offer so this is a pretty big statement here. Alright
so on the right hand side you see my previous balance which was 86 dollars
and seven cents and then the current cashback for this particular billing
statement was 106 dollars and four cents. I know for a fact that I got over $60
worth of cashback because I purchased a lot of stuff on Amazon and Target now
all these purchases I made were just regular purchases I had to buy gifts
with my kids gifts for whoever and so I did a lot of purchasing on Amazon and
Target and I got 5% cash back the 5% cash back is up to $1,500. So that's
actually 75 dollars that I could have gotten over three months I know I didn't
get 75 dollars but I got pretty close. I know I got like 60 bucks worth of cash
back from Target and Amazon purchases. Once again as you can see on the right
hand side here interest paid zero interest okay so my balance is now
currently up to one hundred and ninety two dollars and eleven cents no interest
paid at all. I pay my bill I pay my balance off in full every single month
even though there is a balance when they send me my statement, that balance
never carries over until the next statement and therefore I never pay
interest. Let's go back alright the next one here is December 17th to
January 2018 alright then we'll scroll down here this was
another big big time cash back I think this was also kind of still within that
Amazon target right before January right so the tail end of December I was still
getting those Amazon and Target purchases and for this statement I got
back seventy six dollars and 69 cents which brought my total cash back up to
two hundred and sixty eight dollars and eighty cents. Alright we'll go to the
next statement here alright the next statement is January to February on this
statement I got back forty three dollars and ninety two cents. A lot of these
purchases I don't remember what the first with the cashback was for this
quarter I think it was gas and whole food
wholesale wholesale clubs so like sams and Costco. I didn't really do a lot of
purchasing in Sams and Cosco but I got up like five percent back on gas and and
then one percent of everything else so I got forty three dollars back for this
statement and then let's go ahead and go to the most current statement I think
from February to March 2018. Alright over here I got back 42 dollars and 18
cents which brought my total up to three hundred fifty four dollars and ninety
cents. I also want to show right here where it says interest charged once
again no interest no interest at all and that's three hundred and fifty four
dollars worth of cashback. Guys you could totally do this all you have to do
is just be in the know know what the categories are as far as what you get
five percent back on if you can't get five percent that's okay just spend like
you normally do. Use your credit card for everything I never use my debit card I
never use cash I always use my credit card. Alright so thanks for watching this
video guys I'll see you back in one second. Thank you so much for
watching this video if you have any questions at all please be sure to leave
a comment below be sure to LIKE and subscribe, share this video with someone
that you think that may think this is useful. Thanks again for watching until
next time take care and be blessed. Peace!