Recommended credit score
1 Mile on every $1 you spend - Plus flexible redemption options like travel credits, merchandise, gift cards or cash
0% intro APR on purchases and balance transfers for 6 months, then the variable purchase APR of 10.99% - 19.99%*
No restrictions on travel--fly on any airline, book any hotel or car, with no blackout dates
Travel benefits include secondary collision damage insurance when you rent a car with your Miles by Discover card
Discover is ranked #1 in customer loyalty--16 years in a row! (2011 Brand Keys Customer Loyalty Engagement Index report)
Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
*Click apply to view rates, fees, rewards, limitations and other important information
Rates, fees & offers
Purchase: 0% for 6 mos
Transfer: 0% for 6 mos
Min APR: 11.74%, Variable
Max APR: 20.74%, Variable
Penalty APR: Up to 26.74%, Variable
Cash Advance APR: 25.74%, Variable
Balance transfer fee
Foreign transaction fee
Not sure which card is best for you?
By Tim Chen
Editor's overall rating
Recommended credit score
Pros and cons
No annual fee
Intro APR period on Purchases and Balance Transfers
No foreign transaction fee
The Miles by Discover® Card offers rewards for every purchase you make and is an all purpose miles program, redeemable on any airline, travel agent, or travel website. You earn a 2% reward rate on travel and restaurant expenses up to $3,000 per year. In addition, you can earn an additional 1,000 points each month you make a purchase (for the first year). The Miles by Discover® Card offers an introductory APR of 0% for 6 months on purchases and balance transfers, and then the ongoing APR of 11.74% - 20.74% Variable. The card's $0.
Escape by Discover® Card vs. Miles by Discover® Card
The Miles by Discover® Card is an alternative to the Escape by Discover® Card. While the Escape by Discover® Card's $60, it earns twice as many Discover Miles per $1 spent as the Miles by Discover® Card. Mathematically speaking, you have to spend $6,000 or more each year to offset the difference in annual fee via rewards.
Don't Redeem Miles for Cash
Discover gives you a choice - you can either redeem Discover Miles in increments of 5,000 for $25 in cash (what amounts to only a 0.5% rewards rate), or you can redeem 10,000 to offset $100 in travel expenses charged to your credit card. Clearly, the latter is a better option. If you want cash rewards instead, just go with one on our cash back credit cards search tool.
Discover makes an effort to educate consumers, providing financial education resources designed to help the consumer budget wisely, Discover’s Financial Fundamentals from the company’s home page. Additional benefits include free alerts for cardholders when you’re nearing your credit limit or if a bill payment is approaching.
NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.