Discover it Miles Credit Card Review With Pro And Cons – 18 Points

1. Discover it miles is good choice for occasional traveler or consumers who want better than average flat reward rate without annual fee. You will get unlimited 1.5 miles per dollar spend on everything. You can redeem rewards for travel or cash back at equal value. Discover will match all of the miles you’ve earned the first year.

2. Reward Rate:

1.5 miles per dollar (worth 1.5 % Cash Back) on general purchases.

3. Sign Up Bonus:

Discover will match all the Miles you’ve earned at the end of your first year, automatically.

4. Annual Fee:

$0

5. Regular Apr:

14.24% – 25.24% Variable APR

6. Intro Apr For Purchase:

0% on Purchases for 14 months

7. Intro Apr On Balance Transfer:

10.99% on Balance Transfers for 14 months

8. Credit Needed:

690 – 850 Good to Excellent

9. Pros:

Reward redemption value is equal for travel or cash back
No annual fee
No Foreign transaction fee
0% intro apr on purchase
Flexible redemption options. So you can avoid black out dates.
Unlimited 1.5 miles per dollar on all purchase reward rate.
Discover will match all the Miles you’ve earned at the end of your first year

10. Cons:

Not widely accepted outside the U.S.
No traditional sign up bonus
No bonus categories
Required good/excellent credit
Potentially high regular apr
No airline or hotel transfer partner

11. Foreign Transaction Fee:

None

12. Balance Transfer Fee:

3% intro Balance transfer fee, After that 5%

13. Max Late Fee:

$39

14. Cash Advance Apr:

27.24%

15. Cash Advance Fee:

5% Min $10

16. Other Benefits:

No late fee on your first payment
No penalty APR
free FICO credit score
Price protection
Free social security number alerts

17. Get Discover It Miles Card:

If you want to maximise first year rewards.
If you want simple flat rate card with good flat reward rate.
If you want travel card with flexible redemption for rewards.
If you want safe, no annual fee and consumer friendly card.

18. This card is not for:

People who can earn more rewards on different card.
People who want travel perks.
People who travel frequently.
People who carry balance.

19. Customer Experience:

24/7 customer service?:
Yes
Online chat available?:
Yes
Google Play Store mobile app rating:
4.6/5
Apple Store mobile app rating:
4.8/5

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