An In-Depth View Of The Discover Miles Rewards Card

If you happen to be in the market for an Airlines Rewards Credit Card then one you might consider is the Discover Miles Card. This card program was designed for consumers with good credit that seriously want to take advantage of airline miles. This credit card is perfect for business flying or the casual vacationer. Cardholders are offered bonuse points at participating retailers and restaurants such as Olive Garden, Applebees, and Dave n Busters just to name a few. This really is an excellent program if you manage your account properly. Discover really goes the extra mile with their Airlines rewards program by not hassling their customers with blackout dates. This is very different than most credit card issuers. They are also in-line with numerous airline providers, not just one like other companies. One minor drawback to this account is that Discover will limit the number of points that you can earn per year at 60,000. The good thing is that your miles never expire for the duration of your account being active. Additionally, Discover will offer their nuw customers 12,000 bonus points for your first year as a member. This comes in the form of 1000 bonus points per month for the year. You even get double miles for ever dollar that you spend from your first $3,000 on the account. The Discover Miles Card also offers such benefits as fraud protection, auto rental, and of course travel insurance. They offer 6 months interest free for all purchase and balance transfers for all new customers as well. Discover will never charge you an annual membership fee. The APR is between 11.99%-21.99% depending on your credit score. Miles by Discover uses the Average Daily Balance method to compute interest charges and not the Two Cycle Average Daily method. This is in fact very beneficial as the second method almost always comes out more expensive.

Rewards cardholders earn points by making purchases at participating retailers such as Dave and Busters ,Olive Garden , or Applebees . This just names a few exciting partners that participate in this outstanding program. The points earned as you casually shop can then be used towards the purchase of airfare. In addition, Discover goes the extra mile by being different than other providers.

The major advantage the Discover Miles Card has to offer is the ability to redeem your miles at anytime without the hassles of blackout dates. Discover is in partnership with various airlines, while other providers only partner with one specific airline. This makes scheduling your trips much easier.

The only drawback to this credit card is that Discover will cap the number of points that you can earn per year at 60,000. The advantage is that your miles will never expire so long as your account does not become inactive for the specified time period. In addition, Discover continues to undermine the the competition by offering new card owners 12,000 bonus points their first year of membership. This bonus is earned monthly with 1000 points being added every month for 12 months. Earn double miles for every dollar spent under categories such as restaurants and travel on your first $3000 of annual expenditures.

The Discover Miles card also offers other great benefits such as travel insurance, fraud protection, auto rental insurance as well as a variety of other services. For those who are new to the card, Discover has an excellent introductory offer with 6 months interest free on all purchases and balance transfers. Furthermore, this rewards card comes free of annual fees so there is no need to worry about yearly membership charges that increase overall costs. The annual APR will vary between 11.99% and 21.99%, dependent upon individual credit history. Those with the best credit will be able to reap the benefits of the lower rate.

The Miles By Discover credit card also differentiates itself fromthe competitionby using the ?Average Daily Balance? method to compute interest charges versus the ?Two Cycle Average Daily Balance? method. The ?Average Daily Balance? averages your daily balancefor thirtydays in order to compute finance charges. The second method works a little different by using 2 months of daily averages in order to calculate finance charges. All the experts agree that the second method comes out more expensive than the first.

Follow the instructions in the resource box bellow to take advantage of everything the Miles Card has to offer.


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CreditCardsMadeSimple.com offers great unbiased credit card comparisons for the everyday consumer. Click Here to find a link that will take you to the Discover Miles Credit Card application.