The Miles Credit Card by Discover Card is designed for those with good credit who want to take advantage of earning points for their purchases to exchange for travel rewards. Every dollar you charge to this card for your purchases will earn you one mile.

Through Discover’s travel rewards program, cardholderscan gain double miles through $3,000 restaurant and travel purchases. You will also earn a mile for every dollar you spend for general purchases.

Cardholders can redeem their miles do lower the airfare or cover for the entire cost of it when traveling with most US-based airlines. You can also exchange the miles for gift cards that you can use purchasing from fifty brand-name partners or you can redeem it as cash.

During the first year of the card, cardholders will be earning 1,000 miles as bonus every month that they use the card. That is a clear 12,000 bonus miles for the first year if you at least use the card every month. The maximum miles you can earn annually is 60,000 miles. The miles will not expire as long as the account will be active within a 3-year period.

Like the other credit cards of Discover, the Miles Card also provides platinum benefits to card holders. You will be able to get coverage when you rent vehicles, get travel accident insurance of as much as $500,000, and other online account related features.

The Miles credit card by Discover offers a 0% introductory interest rate for purchases and if you want to transfer any balance from your other credit cards for its first six months. There is also no annual fee. The APR is pretty competitive but take note that the better your credit score is, the better rate you will receive.

Thumbs up features: no annual fee; 0% intro rate; bonus miles; rewards program.

Thumbs down feature: the low rates are not available to everyone

Fees and Cost

• No annual fee
• 0% intro rate for purchases and also balance transfers for the first six months
• 11.99 through 19.99% APR for purchases
• 23.99% APR for Cash advance and Penalty Default interest rate
• $0.50 minimum finance charge
• Cash advance fee is 3% or minimum of $5
• Over the credit limit fee is $15 for balances through $15 and $29 for balances over $500; same fees apply for late payments made

Summary of Rewards Program

• Earn 1 mile for every dollar of spending
• Get double miles for the first $3,000 of spending on travel purchases
• For the first year of the account, card holders can get a maximum of 12,000 miles as bonus; that is 1,000 miles for every month the credit card is used
• No blackout dates and restrictions for the redeemed miles
• You can redeem the miles for cash rebates and gift certificates
• The rewards do not have an expiration but inactivity for longer than 18 months may partially or completely forfeit the bonus

Other Features

• Car rental insurance
• Up to $500K accidental insurance when you travel
• Security protection services
• Fraud protection
• Online services related to your account

Verdict

The Miles by Discover credit card is ideal for those who want a flexible rewards program that can be used for travel without being limited to any in-house travel arrangements. This credit card allows you decide and plan out your travel itinerary.