no annual fee
unlimited 1.5 miles per dollar
2x miles on the first year
redeem for any travel or cash
Discover bank just recently added a new credit card to its line of products. Discover it Miles card is a perfect earner that let you get 3% rewards on all purchases for the first year, and 1.5% after that with no annual fee.
In my opinion, new card is excellent. Even 1.5% unlimited rewards rate is considered very good. We have a review of rare 2% flat rate cashback cards here. With Discover it Miles you get even more - double rate for the first year – that is 3% rewards on every purchase.
You can consider miles simply as cash; these flexible miles can be used as a statement credit for any travel purchases or just redeemed for cash at 1 mile = 1 cent rate.
The only real drawback for the card is the limited acceptance of Discover cards abroad – it will be difficult to use it as a travel card for traveling overseas.