Discover It Miles Credit Card Review
Key Takeaways
There are rare cases under which we would ever recommend this card. It's a super card if you're a college student. But that's about it. The card lacks -- most importantly, a sign-up bonus.
Why This Card Could Be Right For You
No Sign-Up Bonus -- But No Limits Either
Discover It Miles card offers to match every single mile you earn in your first year -- with no cap. You'll earn 1.5 miles per $1, so you’re essentially earning 3x miles per $1 for your first year. There are no categories to keep track of and no award charts or black-out dates. You can rack up the miles and then redeem for cash back or statement credit toward travel as long as it’s within the last 180 days.
Spend Without Being Charged
Sometimes you can get something for nothing ... and this is one of those times. You can get miles back for $0 annual fee and 0% interest on all purchases for the first 14 months. Ok, maybe not “nothing” because it does still cost you a hit to your credit when you apply for a new card, and it will still count against your 5/24 Chase rule. But all things considered, this can be a great card to put all your spendings on for at least your first 12 billing cycles. Then maybe just put it in a drawer and use it every few months to build your credit up. It's a super card for college students to apply for -- but not really for people collecting points.
What to Know About Discover IT Miles
The Discover It Miles program is straightforward and easy, but the lack of significant welcome offers makes this a poor program to invest in
- Discover does not offer transferable miles either, making the program even less valuable
- You can only open one Discover card in 12 months, which significantly limits your ability to collect miles
- The best way to use Discover It Miles for travel is by using them to cover any travel purchase made in the last 180 days
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 0 | $1 | 1.0 ¢ | $0 | $0 |
$0
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Cash Back, Travel | Discover will match every mile for the first year giving 3% cash back on all categories for the first year | No 5/24 |
Spend Categories
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
Card Benefits
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Discover It Miles Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule
