The Miles by Discover® Card, issued by Discover, is designed for those with very good credit who plan to take advantage of the travel reward program.
Through the reward 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 is 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.
This card has a 0% introductory rate on purchases and balance transfers for six months with no annual fee. The APR for this card is reasonably low, 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 reward program will benefit most from what the Miles by Discover® Card has to offer.
This review was updated 2008-05-08T00:00:00.0000000-07:00
| Type Of Rewards: |
Mile |
| Reward Program Optional: |
No |
|
Optional programs may have a fee. See Data for details. |
For Cards with Cash Back Incentives
| Lowest Possible Rebate: |
n/app |
| Highest Possible Rebate: |
n/app |
| Additional Rebates: |
n/app |
| Rebate Details: |
n/app |
For Cards with Point Incentives
| Points Per Dollar Spent: |
n/app |
| Additional Points: |
n/app |
| Point Details: |
n/app |
For Cards with Airline Incentives
| Miles Per Dollar Spent: |
1 Mile |
| Additional Miles: |
Earn double miles on up to $3,000 in travel and restaurant purchases. |
| Program 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. |
Rewards Expiration Period: None (Account inactivity for more than 18 months could result in the forfeiture of some or all of the Cashback Bonus.)
Annual Limit: None
Additional Credit Card 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.
Special Notations about the Miles by Discover® Card
*The APR for purchases and balance transfers varies according to the applicant's credit history and may range from 10.99% - 18.99%.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's Data before applying!
