topic Re: NEW: Discover it Miles Credit Card in Credit Cards

NEW: Discover it Miles Credit Card

14Fiesta — Thu, 19 Feb 2015 19:44:48 GMT

WEEEE MOAR CARDS!

https://www.discover.com/credit-cards/miles/

This card looks like it's competing with Cap 1 Venture One, or possibly QS if point value is 1:1

No annual fee either, what do you guys and gals think?

Re: NEW: Discover it Miles Credit Card

14Fiesta — Thu, 19 Feb 2015 19:46:01 GMT

Also of note, it seems the Chrome line has been discontinued, I cannot find it anywhere on the site.

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:46:23 GMT

Now why did you have to go and post this?! I may need to step out of the garden for a second...

Re: NEW: Discover it Miles Credit Card

kdm31091 — Thu, 19 Feb 2015 19:47:48 GMT

Actually this looks pretty good especially for the more casual traveller like myself. Not bad at all. Of course, it's only really good for the first year with the doubling miles thing, otherwise it's the same as my Quicksilver.

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:48:15 GMT

@Anonymous wrote:
Now why did you have to go and post this?! I may need to step out of the garden for a second...

Do you really need it?

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:49:59 GMT

@Anonymous wrote:
@Anonymous wrote:
Now why did you have to go and post this?! I may need to step out of the garden for a second...
Do you really need it?

Are you really going there?

Re: NEW: Discover it Miles Credit Card

kdm31091 — Thu, 19 Feb 2015 19:50:56 GMT

Also you're right I do not see the Chrome anymore, which is fine because the Chrome was pretty weak. 2% on two categories and that's it is not very exciting when there are general spend 1.5 and 2% cards around.

Nixon, not sure you are the right person to ask that question :-P

Re: NEW: Discover it Miles Credit Card

14Fiesta — Thu, 19 Feb 2015 19:52:18 GMT

So, the miles never expire, and I found this in the T&C:

How do I Redeem My Miles?

Visit Discover.com or call 1-800-347-3085 24 hours a day/7 days a week and choose how to redeem your Miles, including.

Credit to your account for travel purchases-starting at 1 mile.
Electronic deposit into an account you designate-starting at 1 mile.
Any way you redeem, 1 Mile is the cash equivalent of 1 penny.

Travel Purchases: Travel Purchases include a purchase made within the last 180 days on commercial airline tickets; hotel rooms; car rentals; cruises; tour operators; vacation packages purchased through airlines, travel agents, online travel sites; local and suburban commuter transportation, including ferries; passenger railways; taxicabs and limousines; and charter/tour bus lines. Purchases made using Near Field Communication (NFC), virtual wallets or similar technology may not be eligible.

I agree with whats stated above, this seems like a pretty great card for the casual traveler, and having confirmed the value of the miles, this card is taking aim at the QS in cash back value.

Re: NEW: Discover it Miles Credit Card

kdm31091 — Thu, 19 Feb 2015 19:52:02 GMT

I like that they don't pull any crap with devaluing the miles when you redeem for cash. So it is truly 1.5% no matter what.

At least for the first year, that'd be nice for me for my infrequent travel. Too bad I am gardening!!

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:54:09 GMT

@14Fiesta wrote:
WEEEE MOAR CARDS!

https://www.discover.com/credit-cards/miles/

This card looks like it's competing with Cap 1 Venture One, or possibly QS if point value is 1:1

No annual fee either, what do you guys and gals think?

Beaten by OP, findng out that all redemptions count the same (unlike Venture or Arrival, although they of course offer more)

So this is basically a 1.5% card: Less HP than Cap One QS, but also accepted in fewer places.

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:52:03 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Now why did you have to go and post this?! I may need to step out of the garden for a second...
Do you really need it?
Are you really going there?

Oh i'm going there.

3X miles is TEMPTING though.

Re: NEW: Discover it Miles Credit Card

happypill — Thu, 19 Feb 2015 19:52:15 GMT

It looks comparable to the Cap1 QS with 1.5 rewards; but it looks like rewards are limited to travel whereas QS rewards can be applied to anything.

$30 a year for in-flight wi-fi...that's a new one.

Re: NEW: Discover it Miles Credit Card

kdm31091 — Thu, 19 Feb 2015 19:53:22 GMT

The rewards aren't limited -- you can redeem as cash for full value. It is essentially the Quicksilver with miles instead of cash, but it's 1.5% no matter what.

The only real benefit above Quicksilver is the first year doubled miles thing. After that, it's the same thing.

Re: NEW: Discover it Miles Credit Card

14Fiesta — Thu, 19 Feb 2015 19:54:27 GMT

@happypill wrote:
It looks comparable to the Cap1 QS with 1.5 rewards; but it looks like rewards are limited to travel whereas QS rewards can be applied to anything.

$30 a year for in-flight wi-fi...that's a new one.

It looks like you actually can have it direct deposited into your checking for cash:

"Starting at 1 Mile, you can redeem for cash as a electronic deposit to your bank account"

Re: NEW: Discover it Miles Credit Card

yfan — Thu, 19 Feb 2015 19:54:40 GMT

@happypill wrote:
It looks comparable to the Cap1 QS with 1.5 rewards; but it looks like rewards are limited to travel whereas QS rewards can be applied to anything.

$30 a year for in-flight wi-fi...that's a new one.

This. This is the part that caught my eye. 1.5x rewards is nothing new, but the WiFi reimbursement for a no-AF card is pretty awesome.

Re: NEW: Discover it Miles Credit Card

mongstradamus — Thu, 19 Feb 2015 19:54:50 GMT

its an interesting card but i don't see much about any signup bonus, so i am trying to figure out what would make this better than any other just plain old 2% cashback card?

Re: NEW: Discover it Miles Credit Card

kdm31091 — Thu, 19 Feb 2015 19:56:08 GMT

Instead of x amount of miles for a signup bonus they double whatever miles you have earned for the year, which is cool because you can kind of make your own signup bonus.

If you have a Fid Amex or DC, this isn't better. If you don't, it kind of is, at least for year one.

Re: NEW: Discover it Miles Credit Card

yfan — Thu, 19 Feb 2015 19:55:50 GMT

@kdm31091 wrote:
The rewards aren't limited -- you can redeem as cash for full value. It is essentially the Quicksilver with miles instead of cash, but it's 1.5% no matter what.

The only real benefit above Quicksilver is the first year doubled miles thing. After that, it's the same thing.

That and the $30 in in-flight WiFi credit. Now it would be even better if they expanded that to up-to a $30 credit a year for any airline incidentals.

Re: NEW: Discover it Miles Credit Card

Anonymous — Thu, 19 Feb 2015 19:56:07 GMT

Since I don't have a Discover: when do they credit the rewards, as transcations post or at statement close?

This has the same no minimum redemption that Cap One has, just wonder if it matches the instant availability as well.

Re: NEW: Discover it Miles Credit Card

14Fiesta — Thu, 19 Feb 2015 19:56:08 GMT

@kdm31091 wrote:
The rewards aren't limited -- you can redeem as cash for full value. It is essentially the Quicksilver with miles instead of cash, but it's 1.5% no matter what.

The only real benefit above Quicksilver is the first year doubled miles thing. After that, it's the same thing.

If you don't have a Discover card already, then it one ups the QS with free FICO scores and access to Discover Deals.