Double Miles on travel and restaurant purchases-up to $3,000 each year
1 Mile for every $1 you spend on all your other purchases-personal and business
Unlimited Miles that never expire as long as you use your card
Travel without restrictions
Good Choose any travel-any airline, cruise, vacation package, hotel or car rental
Book it through any airline, travel agent or online travel site
Fraud specialists dedicated to helping you 24/7
Double Miles on travel and restaurant purchases-up to $3,000 each year
Intro APR
Intro Period
Regular APR
Annual Fee
Credit Limit
Grace Period
0%
6 months
As low as 10.99%
$0
$50,000
25 days
Our Review of Miles by Discover®
Miles from Discover® is a credit card designed for those with a very good credit history. Issued by Morgan Stanley, this credit card offers travel rewards in the form of air miles for every dollar spent on the credit card. Five thousand miles are awarded as a bonus for new cardholders when they make their first purchase on the credit card, and there is a yearly limit of 60,000 accumulated miles. These miles have a three year expiry in the event that the account has been inactive during that period. Air miles can be redeemed for travel with a range of major US airlines.
This card does have an annual fee of $29, but also offers a grace period of 25 days. There are fees of between $15 and $39 that are applied on late repayments, and for exceeding the credit limit cardholders will be charged between $15 and $35. The amount charged in fees is usually dependant upon the balance of the credit card. The greater of three percent or five dollars is charged on cash advances and balance transfers, with a $50 maximum fee per transaction on balance transfers.
The Miles Card from Discover® Card offers a number of additional benefits on top of the rewards program, and cardholders can enjoy: Internet account services, travel accident insurance, fraud and security protection services, car rental insurance, and a free ‘2GO' key ring sized credit card.
This card offers an introductory 0% interest rate on balance transfers and purchases for a period of 10 months. At the end of the introductory APR period be expected to pay the standard APR from 10.99%, depending on your credit rating. Applicants are advised to check the terms and conditions of the card at the time of application.
