Money Analysed

Discover it Miles Card Review: Easy-to-Use Rewards for Frequent Travelers Without Annual Fee

Are you a frequent traveler looking for a rewards credit card that offers easy-to-use miles and perks without breaking the bank on annual fees? Look no further than the Discover it Miles Card.

Benefits and Perks

The Discover it Miles Card offers 1.5X miles per dollar spent on all purchases, making it an ideal choice for those who can’t predict where they’ll be spending their money. Plus, there’s no annual fee, so you won’t have to worry about spending a certain amount every year just to make up for it.

The card also offers a 0% introductory APR for your first 14 months, which can be helpful if you’re looking to make a large purchase or transfer an existing balance. After that, the APR ranges from 16.74% to 27.74%, depending on your creditworthiness.

One of the best perks of the Discover it Miles Card is that there are no blackout dates, so you can use your miles whenever you want. Additionally, the Miles Match program matches all the miles you’ve earned at the end of your first year, effectively doubling your rewards.

Another perk is the

Freeze It program, which allows you to temporarily freeze your card if you misplace it or suspect fraud. It’s a simple feature, but it can save you a lot of hassle and potentially prevent fraudulent charges.

Who Should Get the Card

Any frequent traveler looking for a credit card with easy-to-use rewards and a low or non-existent annual fee should consider the Discover it Miles Card. It’s also a good choice for those who can’t predict where they’ll be spending their money, as the 1.5X miles per dollar applies to all purchases.

Those who typically spend a large amount on travel and dining may want to consider a travel rewards card with a higher rewards rate in those categories. However, the Discover it Miles Card is versatile and can be used for all types of spending, making it a good choice for big new purchases as well.

Card Details

As previously mentioned, the Discover it Miles Card has no annual fee and offers a Miles Match program that doubles your rewards at the end of your first year. There are also no foreign transaction fees, making this card a good choice for international travelers.

The rewards rate for the Discover it Miles Card is 1.5X miles per dollar spent on all purchases, with no limit on the amount of miles you can earn. This makes it easy to rack up rewards quickly without having to worry about spending categories or tiers.

The card is designed for those with excellent or good credit, and has a 0% introductory APR for your first 14 months. After that, the APR varies based on your creditworthiness and can range from 16.74% to 27.74%.

Final Thoughts

Overall, the Discover it Miles Card is a great choice for those looking for an easy-to-use travel rewards card without the burden of an annual fee. The Miles Match program, no blackout dates, and

Freeze It feature are all valuable perks that can help you maximize your rewards while minimizing hassle.

If you’re a frequent traveler who spends money in a variety of categories and wants an all-purpose rewards card, the Discover it Miles Card is definitely worth considering. With its easy-to-use miles and no annual fee, it’s a great option for those who want to earn rewards without breaking the bank.

The Discover it Miles Card is a great travel rewards card with plenty of benefits and perks for those who love to travel without breaking the bank. With a generous welcome offer, easy-to-use rewards, no blackout dates, and more, this card is definitely worth considering.

However, like any credit card, the Discover it Miles Card does have some drawbacks to consider.

Benefits and Perks

Generous Welcome Offer

The Discover it Miles Card has a generous welcome offer that includes an automatic miles match on all the miles you earn in your first year with no limits. This means that if you earn 50,000 miles in your first year, you’ll receive another 50,000 miles for a total of 100,000 miles.

These miles can be redeemed for up to $700 in travel purchases, making this card a great option for those who travel frequently.

Easy Rewards

The Discover it Miles Card offers 1.5X miles per dollar spent on all purchases, with no tracking or category restrictions. This makes it easy to earn rewards without having to worry about spending categories or limits.

Plus, there’s no minimum redemption amount, so you can redeem your miles for any travel purchase anytime.

No Blackout Dates

Another great perk of the Discover it Miles Card is that there are no blackout dates, so you can redeem your miles for travel anytime without having to worry about restrictions.

Intro APR on Purchases and Balance Transfers

The Discover it Miles Card offers a 0% introductory APR for 15 months on both purchases and balance transfers. After that, the regular APR applies.

This can be helpful if you’re looking to make a large purchase or transfer an existing balance without having to pay interest for the first 15 months.

No Fees

The Discover it Miles Card has no annual fee, which is a great perk considering its generous rewards program. Additionally, the first late fee is waived, so you won’t have to worry about being penalized if you miss a payment.

There are also no phone payment fees or over-the-limit fees to worry about.

Freeze It

The

Freeze It feature on the Discover it Miles Card allows you to freeze your card on the mobile app or website if you misplace it or suspect fraud. This can give you peace of mind knowing that your card is secure.

Drawbacks of the Card

No Travel Perks

One drawback of the Discover it Miles Card is that it doesn’t offer any luxury perks, such as lounge access or free checked luggage. If you’re looking for a card with these types of perks, you may want to consider a premium travel rewards card.

No Bonus Categories

Another potential drawback of the Discover it Miles Card is that it doesn’t offer any bonus categories, so you won’t have an opportunity to earn more points in specific spending categories. If you spend a lot of money in certain categories, such as travel or dining, you may want to consider a card that offers bonus points in those categories.

Final Thoughts

Overall, the Discover it Miles Card is a great travel rewards card with plenty of benefits and perks, including a generous welcome offer, easy-to-use rewards, no blackout dates, and more. While it doesn’t offer any luxury perks or bonus categories, it’s still a great choice for those who want to earn travel rewards without having to pay an annual fee.

If you’re a frequent traveler looking for an all-purpose travel rewards card, the Discover it Miles Card is definitely worth considering.

Earning and Redeeming Miles

Potential Earnings in Years One and Two

According to the FinanceBuzz Credit Card Rewards Valuation Model, each Discover it Miles mile is worth one cent. This means that in your first year, if you spend $20,000, you’ll earn 30,000 miles ($20,000 x 1.5 miles per dollar).

When you factor in the Miles Match program, you’ll receive another 30,000 miles at the end of your first year for a total of 60,000 miles worth $600. In your second year, if you spend another $20,000, you’ll earn another 30,000 miles worth $300.

This means that over two years, you could potentially earn 90,000 miles worth $900.

Best Ways to Earn

The best way to earn rewards with the Discover it Miles Card is to use it for all your purchases. With a rewards rate of 1.5X miles per dollar spent on all purchases, you can maximize your rewards by using the card for all your spending, whether it’s travel-related or not.

Maximizing Redemptions

The best way to maximize your redemption value with the Discover it Miles Card is to use your miles for any travel purchase. Each mile is worth one cent, so you can redeem your miles for airfare, hotels, car rentals, and more.

You can also use your miles to purchase items on Amazon or for cashback. With no minimum redemption amount, you can redeem your miles for any travel purchase anytime.

Discover it Miles FAQs

Is This a Good Credit Card? The Discover it Miles Card is a great choice for those who are looking for a simple travel credit card without the burden of an annual fee.

With unlimited 1.5X miles on all purchases and travel-specific benefits, it’s a great alternative to a cashback card. If you’re already a Discover cardholder, you can also potentially convert your existing card to a Discover it Miles Card.

How Much Are Discover it Miles Worth? Each Discover it Miles mile is worth one cent, so you can calculate the value of your miles by multiplying the number of miles you have by one cent.

What Can You Do with Your Discover it Miles? You can use your Discover it Miles to buy airfare, pay for hotels, rent a car, purchase items on Amazon and receive cashback.

Plus, with no minimum redemption amount and no expiration date on miles, you can use your miles for any travel purchase anytime. Do Discover it Miles Expire?

No, Discover it Miles do not expire as long as your account remains open and in good standing. Can You Convert Your Discover Card to a Discover it Card?

It is possible to convert an existing Discover card to a Discover it Miles Card if you already have another Discover card. However, not all Discover cards are eligible for conversion, so you’ll need to contact customer service to see if your card is eligible.

While the Discover it Miles Card is a great option for those looking for a no-annual-fee travel rewards card, there are also other cards to consider that may better fit your spending habits and travel needs. Two other popular travel rewards cards are the

Chase Sapphire Preferred Card and the

Capital One Venture Rewards Credit Card.

Chase Sapphire Preferred Card

The

Chase Sapphire Preferred Card has a $95 annual fee but is well-regarded for its travel rewards program and perks. It’s a Visa credit card that offers a 60,000-point sign-up bonus, which is worth $750 in travel if you redeem through the Chase Ultimate Rewards portal.

In addition, the card offers 2X points on travel and dining and 1X point per dollar on all other purchases. One of the best perks of the

Chase Sapphire Preferred Card is its travel insurance coverage, which includes trip cancellation/interruption insurance, travel delay reimbursement, and baggage delay insurance.

Cardholders also receive DoorDash benefits, such as a complimentary DashPass subscription that provides free delivery and other discounts on food orders. The

Chase Sapphire Preferred Card is a good choice for those looking for a premium travel rewards card with a generous sign-up bonus and travel insurance coverage.

Capital One Venture Rewards Credit Card

The

Capital One Venture Rewards Credit Card is another popular travel rewards card that offers miles for spending. It has a $95 annual fee but also offers a generous sign-up bonus of 60,000 miles if you spend $3,000 in the first three months.

Like the Discover it Miles Card, the

Capital One Venture Rewards Credit Card has no blackout dates and allows for flexible redemption options. The card offers 2X miles per dollar on all purchases, making it a great option for those who want to earn miles without worrying about spending categories.

In addition, cardholders receive a Global Entry or TSA PreCheck credit, which can help expedite the security process at airports. Plus, the card offers extended warranty coverage, which can help protect your purchases.

The

Capital One Venture Rewards Credit Card is a great choice for those looking for a travel rewards card with a high rewards rate and a generous sign-up bonus. It’s also a good choice for those who want to expedite their airport security process and receive benefits on their purchases.

Final Thoughts

Overall, the Discover it Miles Card is a great travel rewards card for those who want to earn rewards without paying an annual fee. While it may not offer premium perks and travel-specific benefits, it’s a great choice for those who want to earn miles on all purchases and redeem them for any travel purchase.

However, if you’re looking for a premium travel rewards card with more perks and benefits, the

Chase Sapphire Preferred Card and the

Capital One Venture Rewards Credit Card are both great options to consider. In summary, the Discover it Miles Card is an excellent choice for frequent travelers who want an easy-to-use rewards card without having to pay an annual fee.

With a generous welcome offer, no blackout dates, and flexible redemption options, this card can help you earn rewards quickly and easily. However, it may not be for everyone, and there are other travel rewards cards, such as the

Chase Sapphire Preferred Card and

Capital One Venture Rewards Credit Card, that may better suit different needs and preferences.

Ultimately, it’s important to do your research and choose the card that best fits your travel habits and spending patterns to make the most out of your rewards and benefits.

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