Discover it Miles Travel Credit Card

Discover it Miles Travel Credit Card Review

This is a rewards credit card issued by Discover Bank. If you're wondering whether Discover it Miles Travel Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 14 months.
• Competitive APRs. Discover it Miles Travel Credit Card has a variable purchase APR that ranges from 11.99% up to 22.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Discover it Miles Travel Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Discover it Miles Travel Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. Has an introductory APR rate on balance transfers of 10.99%. 0% APR on new purchases during the first 14 months. No annual fee. Free access to your credit score. Identity Theft Protection. No foreign transaction fee. Cardholders can earn rewards on their purchases. Discover it Miles Travel Credit Card reports to multiple credit bureaus.	You need good credit to qualify. Does not offer a signup bonus. Charges a 5% balance transfer fee. After the introductory period, the fee is 5% .

Discover it Miles Travel Credit Card FAQ

Does Discover it Miles Travel Credit Card have a cash back or rewards program?

Discover it Miles Travel Credit Card is a travel rewards card.

Discover it Miles Travel Credit Card Rewards

Minimum rewards rate	1.5x
Max rewards rate	N/A
Annual rewards limit	N/A

What are the Discover it Miles Travel Credit Card benefits?

It provides the following benefits:

• Free Credit Score
• Zero fraud liability
• No blackout dates when redeeming miles
• Reports to major credit bureaus

What are the relevant APRs for Discover it Miles Travel Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Discover it Miles Travel Credit Card has a variable purchase APR that ranges from 11.99% up to 22.99%. The card has a variable balance transfer APR that ranges from 11.99% up to 22.99%. It also has a variable cash advance APR of 24.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for Discover it Miles Travel Credit Card?

The following fees apply:

• There is no overlimit fee

Discover it Miles Travel Credit Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Discover it Miles Travel Credit Card report your account activity to credit bureaus?

Yes, Discover it Miles Travel Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion
• Innovis

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Discover it Miles Travel Credit Card

• Visit the Discover it Miles Travel Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.