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No more Discover double up on referrals

Discover has sent an email to some card holders advising of an unfortunate change in its referral program: beginning on January 1, 2018, the $50 bonus for referring a friend or opening a new account will be paid as a statement credit rather than as part of your cashback bonus. Furthermore, you’ll be limited to earning $500 a year from referrals. Here’s the full email:     Unfortunately, that means the referral/new account bonus will no longer double at the…

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