Discover it Miles Credit Card: Offers Travel Rewards with Miles on Purchases

The Discover it Miles credit card, issued by Discover Financial Services, is a travel rewards credit card designed for individuals who frequently travel and want to earn rewards on their everyday purchases. This card stands out due to its exceptional benefits, straightforward rewards structure, and lack of an annual fee. Heres a comprehensive breakdown of what the Discover it Miles card has to offer.

Card Type

The Discover it Miles card falls under the category of travel rewards credit cards, aimed at those who want to earn miles on their purchases. Its perfect for avid travelers seeking to maximize their rewards.

Annual Fee

One of the appealing features of the Discover it Miles credit card is that it has no annual fee. This means you can enjoy earning travel rewards without the burden of a yearly cost.

Rewards Program

The rewards structure of the Discover it Miles card is straightforward and generous. Cardholders earn 1.5 miles for every dollar spent on all purchases. This simple rewards program makes it easy to accumulate miles that can later be redeemed for various travel expenses, including flights and hotel stays. Additionally, all the miles earned can be redeemed in any amount and never expire, giving cardholders flexibility.

Sign-Up Bonus

New cardholders can take advantage of a compelling welcome bonus. After making their first purchase, cardholders earn unlimited 1.5x miles on all purchases and can earn earn double miles for the first year, effectively doubling their miles, which adds an exciting benefit for early spenders.

APR (Annual Percentage Rate)

The Discover it Miles card has a standard APR ranging from 15.24% to 26.24%, depending on your creditworthiness. New cardholders may also qualify for an introductory 0% APR on purchases for the first 14 months, allowing for significant savings if balances are paid in full before the promotional period ends.

Foreign Transaction Fees

Travelers will appreciate that the Discover it Miles card has no foreign transaction fees. This means cardholders can use their card internationally without worrying about additional charges, making it a beneficial option for those traveling abroad.

Balance Transfer Options

While the Discover it Miles card is primarily a travel rewards card, it also offers a 0% APR on balance transfers for the first 14 months. After that, the standard APR applies. Note that there is a 3% balance transfer fee which should be considered before moving any balances.

Additional Fees

Users should be aware of other potential fees associated with the card. These include a late payment fee of up to $40 and a cash advance fee which is either $10 or 5% of the amount of each cash advance, whichever is greater. Understanding these fees can help cardholders manage their expenses effectively.

Card Benefits and Perks

The Discover it Miles credit card offers several travel benefits and perks, including:

• Trip Interruption Insurance: Covers unexpected incidents while traveling.
• Travel Accident Insurance: Provides additional coverage during your travels.
• 0% Fraud Liability: Ensures you wont be held liable for unauthorized purchases.

Additionally, cardholders can enjoy access to exclusive travel deals and discounts through Discovers partnerships.

Customer Protections and Insurance

The Discover it Miles card includes various protections to ensure peace of mind, such as fraud liability protection, purchase protection, and rental car insurance. These safeguards provide security for your purchases, enhancing the overall value of the card.

Eligibility and Credit Score Requirements

Approval for the Discover it Miles card typically requires a good to excellent credit score. Generally, applicants should aim for a credit score of 700 or above to increase their chances of approval. Discover also considers income and other financial factors.

Introductory Offers

As previously mentioned, this card provides a 0% APR introductory offer on purchases and balance transfers for the first 14 months. This initiative allows users to manage their finances effectively while enjoying travel rewards.

Special Features or Unique Selling Points

The Discover it Miles cards unique selling point is its double rewards feature during the first year, allowing cardholders to earn double miles on all purchases. This makes it an attractive option for initial spenders who make use of their card frequently.

How to Apply

Applying for the Discover it Miles card is straightforward. Interested individuals can apply online by visiting the ‘>apply here today and start earning miles on your purchases!

For more financial insights, visit UpCube.net.