Credit Card Rewards Survey 2011 » Survey Results » 2011 Discover Open Road
Issuing bank: Discover
Open Road
Annual
fee | Intro bonus | Cash-back
ratio | Expiration period on rewards |
| $0 | N/A | 0.25% up to $3,000; then 1%; 2% on first $250 gasoline and restaurants per month. | Rewards have no expiration date; however, if your account is closed for any reason or inactive for 18 consecutive months or if you fail to make any minimum payment due for two consecutive billing periods, any cash-back bonus in your cash-back bonus account will be forfeited. |
Reward formula:
Earn a full 2% cash-back bonus on your first $250 in combined gas and restaurant purchases each billing period. Plus, earn a full 1% unlimited cash-back bonus on all other purchases after your total annual purchases exceed $3,000; other purchases that are part of your first $3,000 earn 0.25%. |