A lot of institutions are tightening their grip on issuing credit cards and have gone to as far as canceling credit cards to limit their risks in a very volatile market today. Discover offers Escape credit card which is basically a travel rewards card which combines other features like cash rebates, and 0% on purchases and balance transfers.

The travel rewards card comes packed with some nice features:

Double Your Miles

Undoubtedly as the best travel credit card in the market today, Discovery Escape Card comes with a very unique feature that enables card holders to double their miles for every $1 spent.

You can take advantage of the shopdiscover.com where you look for items of partner merchants that you can find on the website. The cash back bonus can range from 5% to 20% depending on the partner shop for the other Discover cards. With Escape card, you can double the miles for every dollar spent.

The miles can accumulate without you needing to worry that you will not be able to use them since they do not expire. To keep the miles active, the card holder should just use the card for 18 consecutive months and should not incur late payments occurring on two consecutive cyles.

Choose to Travel, Exchange Miles for Gift Cards, Or convert it to cash

Holders of the Escape Card have two options when it comes to the accumulated miles. You can choose to book any hotel or airline that you choose using your Discover Escape card or you can exchange the miles for some gift cards.

When redeeming the miles, Discover requires cardholders to submit the expenses within 3 months. The rate is going on at $100 for 10,000 miles. You also have the freedom to discover the best deal in the market for you since you can book your travel offline or online with any travel agency.

If you opt for gift cards, you can really take advantage of the value you have with your miles. Some merchants are willing to go for $25 gift cards in exchange of only 2000 miles. Discover has almost 100 partner merchants giving consumers a very wide variety of choices.

Discover also gives you a chance to convert your miles to cash. You can convert your 5000 miles to either a $25 electronic deposit or credit to your account or you can have it as $25 donation to a charitable institution.

Fees are No Big Deals

The annual fee of $60 is really very cheap considering the double the miles program of the Escape card. Frequent flier cards in the market today have annual fees of $50 to $85. Discover also gives card holders 12,000 bonus miles for the first year or a thousand-mile bonus for very purchase you make every month of the first yaer.

The flexibility of the reward system Escape card gives to the consumers is excellent. You have the freedom to choose which airline or hotel you want to book with. The Discover Escape card defines a win-win situation.