The new Discover Miles Card allows you to accumulate travel miles credits that you later redeem for discounts on travel purchases.

Get 1 mile for every dollar you spend. Get double miles on restaurant and travel purchases. New customers can get 1000 bonus miles each month you use your card for up to 12000 bonus miles.

To redeem your travel miles, simply find any flight, hotel accomodation, car rental, vacation package or a cruise. Then book it through any travel web site, airline or travel agent. Finally, pay for it with your Miles Card and redeem your travel miles.

You get a $50 travel credit for every 5000 miles of accumulated travel miles to use the next time in your travel purchases. For example, if you have 7000 miles available to redeem and buy a weekend break for $280, you could then redeem 5000 miles and get a $50 credit to your account.

The introductory APR is a generous 0% on both balance transfers and purchases.

So if you are a keen traveller and make regular purchases of flights, accommodation and associated travel items, this card may well be worth consideration.

Filed under: Credit Cards by Ned Storm @ 8:52 pm