New Discover it Miles Card - Great Rewards Rate and no Annual Fee

back Discover it Miles

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intro purchase APR 0% for 14 months	regular APR11.49 - 23.49% (V)
intro BT APR 10.99% for 14 months	3% BT fee
rewards 1.5 miles/1$

• earn unlimited miles at 1.5% rate on every purchase

 

good credit required

Terms and Conditions

Editors Review

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.

Pros

• no annual fee
• 1.5% unlimited miles on every purchase
• easy to redeem miles – for any travel purchase or just for cash
• Into 0% APR for 14 months
• first late payment fee waived

Cons

• limited Discovery network coverage abroad

Verdict

In my opinion, this 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. 

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.