Discover Miles for Fair Credit
Discover Miles for Fair Credit
Discover Miles for Fair Credit
Card details
1 mile per $1 spent on purchases
Rates, fees & offers
Annual fee
$0
Rewards rate
1.00%
Bonus offer
12,000 Discover Miles Bonus - 1,000 promo miles a month you use card in first year.
Intro APR
Purchase: 0% for 6 mos
Transfer: 0% for 6 mos
Ongoing APR
Min APR: 11.74%, Variable
Max APR: 21.74%, Variable
Penalty APR: Up to 26.74%, Variable
Cash Advance APR: 25.74%, Variable
Balance transfer fee
3%
Foreign transaction fee
None
Recommended credit score
Compare to other cards
Discover Miles for Fair Credit | ||
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Learn more | Learn more | |
Annual fee$0 | Annual fee$99 | Annual fee$199 |
Regular APR11.74% - 21.74% Variable | Regular APRSee Terms | |
Intro APRPurchase: 0% for 6 mos | Intro APR0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR will apply, 21.24%-29.99%. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Tim Chen
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Rating details
3
Editor's overall rating
Pros and cons
Pros
No annual fee
Intro APR period on Purchases and Balance Transfers
No foreign transaction fee
Cons
Discover Miles 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). Miles by Discover offers 0% APR for the first six months, and a regular 11.99% APR from then on. A 25 day grace period is also offered and no annual fees.
Additional Benefits: 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.