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Discover Miles by Discover

2010 Credit Card Cash-Back Study » Study results » Discover Miles by Discover

Miles by Discover
Annual feeIntro bonusReward formulaCash-back ratioExpiration period on rewards
$0.001,000 miles each month you make a purchase the first year.1 mile for every $1 on purchases. Double miles on your first $3,000 in travel and restaurant purchases each year; 5,000 miles = $25; 10,000 miles = $50; 15,000 miles = $75; 20,000 miles = $1000.5% (1% on travel and restaurants up to $3,000)None as long as you use the credit card and the account is in good standing.
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Product Rate
Balance Transfer Cards 15.92%
Cash Back Cards 16.34%
Low Interest Cards 11.01%
Rewards Cards 15.80%
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