Discover Miles is a type of rewards point system that features customer-friendly policies, high earning potential and a great average points value. However, there is only one credit card that can earn you Discover Miles. This is a great rewards system that is good for occasional travelers who are looking for an easy-to-use credit card. Continue reading our Discover Miles guide to learn more!
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| PROMOTIONAL LINK | OFFER | REVIEW |
| Discover® Bank Online Savings terms apply | $150/$200 bonus + 3.70% APY | Review |
| Discover® Checking | $360 Cash Back | Review |
| Discover® Bank CD | Up to 4.00% APY | Review |
| Discover® Bank Money Market | Up to 3.65% APY | Review |
| Discover® Bank IRA CD | Up to 4.00% APY | Review |
Discover Miles Quick Facts
| Personal Credit Cards | Discover it Miles Card($100 bonus) |
| Business Credit Cards | No business credit cards |
| Redemption Options | Cash back Travel statement credits Amazon |
| Average Discover Miles Value | $0.01 |
Earning Discover Miles
As mentioned above, Discover Miles can only be earned by one credit card, the Discover it Miles Card. All other Discover credit cards earn mostly cash back.
| Welcome bonus | UNLIMITED. Discover will match all the miles you’ve earned at the end of your first year. |
| Bonus value | Depends on how much you spend in your first year. |
| Ongoing rewards | Unlimited 1.5x miles on all purchases. |
| Perks | No blackout dates. Free FICO credit score. |
| Annual fee | $0 |
Keep in mind that although these rewards are counted as “miles”, they aren’t transferable. Instead, they have a fixed value of $0.01 per mile.
With the card’s generous welcome bonus, you’ll essentially earn 3x miles once the rewards are matched at the end of your first 12 months. That’s an incredible return for a card with no annual fee.
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Redeeming Discover Miles
You can start redeeming your Discover Miles for award flights, cash back, toward travel purchases, or towards Amazon orders. Because the Discover rewards have a value of $0.01 each mile, the best option is to go for cash back.
Cash back. This option is the most simple and staright forward to redeem for. Also, as we mentioned, it is the most value to get. Additionally, there is no minimum redemption amount required.
Travel statement credits. You can use your Discover Miles toward travel purchases. Such purchases include airline tickets, hotel rooms, car rentals, travel agents, online travel sites and commuter transportation. There are no blackout dates, however only travel charges made within the last 180 days qualify.
Amazon. If you shop on Amazon frequently, then use your Miles toward purchases. All you have to do is link your Discover it Miles account to your Amazon account.
Discover Miles Tips & Tricks
Using the information compiled from our research, we’ve noticed some great deals using sweet spots you can access using your Discover Miles points.
The Double Dip
You can pay for a travel purchase with your Discover it Miles card to earn rewards, then pay off the balance of these purchases with the miles you just earned. This double dip makes Discover miles just a bit more valuable.
Great For Families
Families should consider the Discover it Miles card for several reasons:
- There is no annual fee with the credit card associated with this rewards program, so there is no pressure to try and rack up points fast.
- No rotating categories to keep track of.
- Discover miles are worth a fixed $0.01 each. There are no award charts or blackout dates.
Discover Bank Promotions
 Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.70% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. |
 • Get started and open a Discover® Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.65%% APY balances $100,000 and over • Earn 3.60% APY balances under $100,000 • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
• Available nationwide online, Discover® offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Get started and open a Discover CD in 3 easy steps. |
• Available nationwide online • Select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY • Step-by-step help available 24/7 by phone • Flexible options: Roth (pay now, save later) & Traditional IRAs (earn now, pay later) • Gather your retirement savings into one place. • Just three steps and you’re on your way to saving with a Discover® IRA CD. |
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Bottom Line
Although you can only earn Discover Miles on one card, the overall rewards program is easy and straightforward with some good redemption value. This program is great for people who are looking for simple, flexible travel miles and a card that also doubles as a cash back card! For more posts like this, check out our list of credit card bonuses!
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