Miles by Discover® Card
Card Type: Discover
Card Issuer: Discover
Card Category: Reward - Travel
Apply for Platinum BusinessCard with Unlimited Rewards
- 12,000 Bonus Miles - Earn 1,000 Miles each month you make a purchase for your 1st year
- 1 Mile per $1 on every purchase
- Plus, 2 Miles on travel and restaurant purchases on your first $3,000 each year
- No limit on the Miles you earn and Miles don't expire*
- Fly on any airline, book any hotel or car, with no blackout dates
- Use Miles for travel, merchandise, gift cards or cash
- 0% intro APR on purchases and balance transfers for 6 months then the regular APR
- No Annual Fee, No Overlimit Fee, No Redemption Fee
- Rating:
- Intro Rate:
- 0% Intro APR*
- APR (Cash):
- 23.99% Variable
- APR (Purch):
- 10.99% (V)
- Annual Fee:
- $0
Review
The Miles by Discover® Card, issued by Discover, is designed for those with very good credit who plan to take advantage of the travel rewards program. Through the rewards program, cardholders earn double miles on up to $3,000 in travel and restaurant purchases and one mile for every dollar spent on general purchases. Earned miles can be redeemed for airfare or reduced airfare on most major U.S.-based airlines with no blackout dates. Miles can also be redeemed for gift cards from 50 brand-name partners or cash. Cardholders earn 1,000 bonus miles in every month that they make a purchase during the first year of cardmembership for up to 12,000 bonus miles. There is a maximum of 60,000 miles that may be accumulated per year, but miles will not expire as long as the account remains active within a 36-month period. In addition, the card offers platinum benefits that include auto rental insurance, up to $500,000 in travel accident insurance, and various Internet account related services. The Miles by Discover® Card has a 0% introductory rate on purchases and balance transfers for six months with no annual fee. The APR for this card is reasonable, although it is important to note that only higher qualifying applicants will receive the lowest rate available. Therefore, those who plan to take advantage of the introductory rate and the rewards program will benefit most from what the Miles by Discover® Card has to offer.
Most attractive features: 0% introductory rate; reward program; bonus miles.
Least attractive features: Low rate not available to all applicants.
Additional Perks: Various Internet account related services. Up to $500,000 in travel accident insurance. Auto rental insurance. Fraud and security protection services. See website for additional benefits.
Rates & Fees
Introductory rate: 0% Intro APR*
Applied towards: Purchases, Balance Transfers
Introductory Rate Details: *There is a 0% introductory APR on purchases and balance transfers for 6 months. See terms and conditions for complete details.
Apr(Purchases): 10.99% (V)
Apr(Cash Advances): 23.99% Variable
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: None
Grace Period: 25 Days (Min.)
Minimum Credit Limit: n/a
Maximum Credit Limit: n/a
Late Payment Fee: $15 on balances up to $500; $39 on balances over $500
Cash Advance Fee: 3%, $5 minimum
Balance Transfer Fee: 3% for each balance transfer made under this offer
Important Notations: See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on Discover's website.
Rewards
First Purchase Bonus: None
Balance Transfer Bonus: None
Annual Bonus: None
Other Bonus: 12,000 Miles**
Bonus Details **Cardholders will receive 1,000 bonus miles every month they make a purchase during the first year.
Reward Type: Mile
Optional Rewards: No
Minimum Rebate: n/app
Rebate Details: n/app
Maximum Rebate: n/app
Additional Rebates: n/app
Miles per Dollar spent: 1 Mile
Mile Reward Details: Miles can be redeemed for airfare or reduced airfare on most major U.S.-based airlines with no blackout dates. Miles can also be redeemed for gift cards from 50 brand-name partners or cash.
Additional Miles: Earn double miles on up to $3,000 in travel and restaurant purchases.
Points per Dollar spent: n/app
Point Details: n/app