Miles by Discover® Card review 2012
Miles by Discover® Card features
- Earn up to $120 in travel rewards--1,000 Bonus miles every month you make a purchase for the first year
- 1 Mile on every $1 you spend - Plus flexible redemption options like travel credits, merchandise, gift cards or cash
- 0% intro APR on purchases and balance transfers for 6 months, then the variable standard purchase APR of 10.99% - 16.99%*
- No restrictions on travel--fly on any airline, book any hotel or car, with no blackout dates
- Travel benefits include secondary collision damage insurance when you rent a car with your Miles by Discover card
- Discover is ranked #1 in customer loyalty--15 years in a row! (2011 Brand Keys Customer Loyalty Engagement Index report)
- Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
- *Click apply to view rates, fees, rewards, limitations and other important information
Miles by Discover® Card bonuses and special offers
- Earn up to $120 in travel rewards--1,000 Bonus miles every month you make a purchase for the first year
- Excess collision damage waiver insurance and scheduled air travel accident Insurance. Certain restrictions and limitations apply.*
Miles by Discover® Card rates and fees
Rates
- Intro APR on purchases: 0% for 6 months
- Regular APR on purchases: 10.99% - 16.99% V*
- Intro APR on balance transfer: 0% for 6 months
- APR for Cash Advances: 23.99%
Fees
- Balance transfer fee: intro fee of 3%, after that, either $10 or 5%*
- Annual fee: $0
- Late payment fee: up to $35.00
- Over the limit fee: N/A*
- Cash advance fee: either $10 or 5%*
- Grace period: 25 Days (Min.)
Miles by Discover® Card most attractive features
- 0% introductory rate on purchases and balnce transfer
- Bonus miles
- Miles rewards program
Miles by Discover® Card least attractive features
- Higher APR for less qualifying applicants
Miles by Discover® Card credit card review summary
Miles by Discover® Card is created for people with very good credit who plan to take advantage of
the miles reward program.
With Miles by Discover® Card card you earn 1 mile per every dollar you spend on all purchases.
Cardholders will earn double miles for every $1 they spend on on first $3,000 in combined restaurant
(full-service restaurants, cafes, cafeterias and fast food)
and on travel (airfare, hotels, car rentals, cruises, tour operators and vacation packages purchased through travel agents,
including online purchases) each year, after that they will receive 1 mile per dollar. You can find Miles by Discover® Card on the list
of the best
restaurant rewards credit cards.
For new cardholders Miles by Discover® Card give an opportunity to earn 1,000 Bonus miles every month for the first year. In order to get this
bonus you need to keep your card active. Simply make purchases on you card every months from the date your account is opened.
As a cardholder Miles by Discover® Card you also can take advantage of zero introductory interest on purchases and balance transfer.
The card has no annual fee.
Because of its excellent travel rewards program and no annual fee we added the card on the list of
best travel credit cards.
Updated: December, 8 2011
