Discover Miles
What are Discover Miles worth? 1.00 cent per mile. We applaud Discover for not nickel and diming consumers with sliding scale redemption values - many other banks require you to redeem at least 10,000 points or more before your points are actually worth 1 cent each.
The only knock on this point program is that if you come up short on airline miles, you can’t transfer miles to airline partners the same way you can with American Express Membership Rewards.
Redemption Options.
- Cash – 5,000 miles can be exchanged for $25 deposited into your bank account.
- Travel – 10,000 miles offsets $100 in travel expenses charged to your card.
Expiration.
Miles do not expire, as long as you use your credit card. However, if account is inactive for more than 3 years or in default, some or all miles may be forfeited.
{ 2 comments… read them below or add one }
How are travel miles calculated. I assume it's flying miles and not driving miles as well.
Yep, you can think of them just like frequent flyer miles, except that they are redeemable on multiple airlines, as well as other travel partners like hotels and rental cars. Because of this, they function more like "points", or even cash, than like "miles".
And in this case, the method of calculation depends on the card. The Discover Miles card earns one mile per $1 spent, while the Discover Escape earns two miles per $1 spent.