The Discover Miles Credit Card is a credit card exclusively for people who like to earn airline miles with their credit card purchases. How it works is every time you use your credit card to buy anything from groceries to gasoline you start to earn airline miles to be redeemed the next time you plan on traveling.The Discover Miles Credit Card is one of the easiest credit cards to use. The terms are very simple and the customer service is ok.
Some of the important terms involved with the credit card are a 9 month 0% fixed introductory rate on all purchases. After the 9 month period the interest rate will become adjustable and will be determined based on your credit history. If you always pay your full balance off every month then you have nothing to be concerned about.
If you plan on transferring balances from a higher rate credit card to this one you will get a 0% balance transfer rate for the first 9 months also. One thing about balance transfers is that you will get charged a 3% transfer fee of the balance you are moving over. Be aware of this before you do it. Some times its better to pay the interest instead of the balance fee. When you transfer balances to the Discover Miles Credit Card the balance you transfer does not earn any airline miles. You can only earn airline miles on new purchases with your credit card. There are no annual fees with the Discover Miles Credit Card and only a $.50 finance charge if you plan to take a cash advance. Nothing to worry about if you don’t do either.
On to the rewards. When applying for the Discover Miles Credit Card you will earn unlimited miles on everything you buy. On the first $3,000 you spend at restaurants and travel arrangements you will earn 2 miles for each dollar you spend. On top of that, you will earn 1 mile every time you use your Discover Miles Credit Card to purchase anything else. After you have charged $3,000 to your credit card the rewards do drop down to 1 mile for every dollar you spend. The airline miles have no expiration date but if you do not use your account over an 18 month period or do not make a on time payment to your account over two consecutive months your airline miles will be revoked. The Discover Miles Credit Card is throwing in a bonus. If you use your credit card every month over a year you will earn a one time bonus of 1,000 miles with a cap of 12,000 bonus miles. You are also covered in case of an accident to any rental car you pick up on your travels or in your local area.
The Discover Miles Credit Card is one of the most popular airline mile credit cards out there. You earn great rewards and the terms of the credit card are acceptable amongst industry standards. There are never any “black out dates” which is a bonus to you since your working with a bank and not the airline.