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Card Basics

 

Type Credit Needed Annual Fee Intro APR Standard APR Rewards Grace Period Category

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Discover Excellent Credit $0 0.00% for 6 months on Balance Transfers 10.99% to 18.99%* Airlines 25 DaysConsumer  

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Miles by Discover Card

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Miles by Discover® Card

Quick Summary:
This is a Discover airline rewards card issued by Discover Card. This card is intended for consumers, or "personal use" with a nearly perfect credit history. APR's may vary among applicants, however the lowest standard APR is 10.99% and may be as high as 18.99%, depending on your credit worthiness*.

APR's:
There is an introductory APR as low as 0.00% for 6 months. However, this intro rate only applies towards balance transfers. Be cautious that some card issuers may charge higher rates and fees for cash advances.

The lowest available APR is fixed, meaning that the rate will not change with U.S. prime rates.

Rewards:
This card can be used for airline rewards, where you can expect a "points" system or rebates for certain purchases.

Credit Record Needed:
Based on the FICO score recommendation, applicants should have a great or nearly perfect credit record. A FICO score of at least 760 is recommended for a higher chance of approval for the Miles by Discover® Card, but is not required. There are a number of other factors that this issuer may also consider when making decisions for approval.

Other Basics:
The grace period listed for the Miles by Discover Card is at least 25 days. So interest charges will not be applied during those days.

This card is intended for consumers, or "personal use".

Approval Rate:
The approval rate for this card is at a maximum. If you believe that you fall into the credit record of "Excellent Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 760, then your chance of approval may be greater than other applicants.

Approval Time:
Approval time for this offer is not listed. However, you could normally expect the approval process to be completed between 1 to 2 weeks, and an additional 1 to 2 weeks for the card to be delivered after you are approved.

Offer Details:

Let your everyday purchases take you where you want to go with the Miles by Discover® Card and Travel with no Restrictions – book any travel through any airline, travel agent or online travel site with no blackout dates or advanced bookings. Earn Miles Faster – Double Miles on up to $3,000 on travel and restaurant purchases and 1 Mile for every $1 on all your other purchases. Redeem faster with more options – choose a travel credit to your account, gift cards from 80 brand-name Partners or cash. Plus, receive 12,000 Bonus Miles* and enjoy 0% Intro APR* on Purchases and Balance Transfers for 6 months.

Rewards and Benefits:


  • Travel with no Restrictions – book any travel through any airline, travel agent or online travel site with no blackout dates or advanced bookings
  • Earn Miles Faster – Double Miles on up to $3,000 on travel and restaurant purchases and 1 Mile for every $1 on all your other purchases
  • Redeem faster with more options – choose a travel credit to your account, gift cards from 80 brand-name Partners or cash
  • 12,000 Bonus Miles*
  • 0% Intro APR* on Purchases and Balance Transfers for 6 months

Other Remarks:

  • 100% Fraud Protection
  • Online Account Access and Bill Payment
  • Good Credit Required


*Please view and verify the card offer's terms and conditions regarding interest rate, fees, grace periods, approval time and other information before applying.

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Consumer Card Rate Comparison

APR10.99%
Avg. APR**12.11%
Annual Fee$0
Avg. Annual Fee**$8.38

**  APR average does not include cards where APR is 0%, unless viewing offers in the secured card category. "Annual fee average" contains the average of all fees in a specific category (Consumer cards), even where the fee is $0. This data is subject to Finance Globe's terms and conditions.

Options: View rates and fees for all cards.

 

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