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April 12, 2006
Discover Miles Reward Card Reviewed
The Discover Miles card helps you travel where you want to go simply by charging your everyday purchases. You will earn one mile for every $1.00 spent and there are no blackout dates with your air travel so you have the convenience of going anywhere and anytime that you desire. Take a trip to an exotic island, enjoy a relaxing weekend at your favorite spa or get gift cards from your favorite shopping places. You can conveniently use your miles for everything from airline tickets to cash or hotel to car rental certificates - it's your choice.
Upon being approved for your Discover Miles card, you will begin enjoy the unbeatable introductory rate of 0% on balance transfers for a full 12 months. With a rate as low as this, you will be able to save hundreds of dollars and enjoy a very low monthly payment compared to before. You must be aware however, that after the special rate period ends, the APR will be between 13.99% or 15.99% depending on your credit history. Therefore it is important to try to pay off any existing balance to maintain a low monthly payment. If you are late or default on any payment made before the 12-month period is up, you will lose the 0% rate and begin the higher interest rate.
You can earn a maximum reward of 60,000 miles each year and air travel reservations and tickets require a Saturday night stay and 21 days advance notice. There are a few other important points you will want to know so read the rules and regulations carefully when applying for your card. Overall I think this card is a great choice for those who enjoy and want to take advantage of all it's available benefits it has to offer.
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