Discover it® Miles Credit Card Fees and rates
Annual Percentage Rate (APR)
Transaction Fees
Penalty fee
Discover it® Miles Credit Card Reward Program
1.5 Miles per $1 spent on all purchases.
Starting at 1 Mile, you can redeem for cash as an electronic deposit to your bank account or for a credit for Travel Purchases on your statement made within the last 180 days. Travel Purchases include airline tickets, hotel rooms, car rentals, travel agents, online travel sites, and commuter transportation.
It’s also possible to permanently redeem miles as a statement credit toward restaurant and gas station purchases.
Fee Benefits
No Overlimit Fee
No Over-the-Limit Fee. You won’t pay an over-the-limit fee if your credit card balance goes over your credit limit.
For Example:
Let’s say your credit card limit is $5,000. One month, you spend more than your limit on the card. Some credit card companies will charge you between $25 and $35 for this mistake. If your card advertises no overlimit fee, you won’t be charged a penalty for your spending.
No Penalty APR
This credit card comes with a No Penalty APR. You won’t default to a higher APR if your payment arrives on or after day 60.
Security Benefits
Fraud Protection
The credit card company’s Fraud Protection keeps your account safe from unauthorized charges. In fact, once the charges are proven fraudulent, you will be guaranteed a refund. All you have to do is check your statement. If you find something wrong, contact the credit card company and file a claim.
Free Credit Score
Discover Bank Credit Card With Free Credit Score.
This credit card may give your credit score every month. You don’t have to pay for it.
Zero Liability
Zero Liability. If you didn’t buy it, don’t pay for it. You will not be held responsible for any unauthorized charges that appear on your account.
Service Benefits
U.S.-based Customer Service
U.S.-based Customer Service. No matter what time you need them, the credit card company is available 24/7. Their offices are 100% U.S.-based, and you can speak to a live person with minimal automated prompts.
Sign Up Benefits
Promo Rate
Promo Rate. This credit card comes with a promotional “promo” rate, which is usually significantly lower than your regular interest rate. This is only valid for the first few months after you open the credit card, then the regular rate applies.
For Example:
Let’s say your credit card has an introductory rate of 0% APR for 15 months. When that expires, you pay the regular interest rate (22.49%). To maximize your promotional rate benefit, your balance should be paid off before the end of the introductory period. Failure to do so will mean that the interest rate on the remainder of your balance will skyrocket.
No First Late Fee
No First Late Fee. You will not receive a late fee for the first time you pay your required credit card payment after the due date. Any subsequent late payments made will receive a late fee.
0 Intro APR for Purchases
Zero Introductory APR for Purchases. With this credit card, you won’t have to pay interest on purchases within the specified period of time. After this period the usual APR applies.
Travel Benefits
No Blackout Dates
No Blackout Dates. With this credit card, you avoid dates when travel rewards and other special discounts and promotions are unavailable.
No Foreign Fees
No Foreign Fees. With this credit card, you won’t pay any fees on any transactions you make while traveling overseas.
Credit Score Needed For Discover it® Miles Credit Card
Your best chance of being approved for this credit card involves having a credit score 751 - 850. Having your credit score in this range does not guarantee approval. There are still other factors besides credit score that determine if you will qualify for this card.
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