Discover it Miles
DiscoverNo annual feeNo foreign transaction feeIssuer's page
A fair time to apply if the card fits how you spend.
Already have it? Keep it.
Welcome bonus
$100
12 Month Rule, 2 Card Limit. Am I eligible?
A typical spender, at Miles' point values.
| First-year value | Amount |
|---|---|
| Welcome bonus$100 cash | $100 |
| Rewards above a 2% no-fee cardvs Double Cash, on $32,500 typical spend | $0 |
| Annual fee | $0 |
| First year | $100 |
| Each year after | $0 |
Earning
| Rate | Category | Return |
|---|---|---|
| 5X | Hotels, vacation rentals, rental cars, and activities booked through Capital One Travel | 5% |
| 5X | Tickets and events booked through Capital One Entertainment | 5% |
| 1.5X | Everything else | 1.5% |
Personal card · Earns Discover Miles
Other Perks
- Redeem miles for travel or cash back at 1 cent per mile
- First-year bonus: All miles earned in the first 12 months will be doubled automatically (Discover Match) - making it effectively 3% for the first year
- Miles never expire for the life of the account
- Free FICO Credit Score monitoring
- Free Social Security number dark web alerts
- $0 fraud liability guarantee
- Capital One Offers access
- Redeem miles for gift cards with a $25 minimum and at least 5% added value
- Automatic statement-credit redemptions are available after re-enrollment following the Capital One migration
- Rewards can no longer be redeemed toward the minimum payment after the Capital One migration
- Pay with Rewards with Apple Pay is unavailable after the Capital One migration
Sources and methodology
First-year value is Miles' estimate for a typical spender: the welcome bonus at Miles' point values, plus the rewards this card earns above the best no-annual-fee card's everyday rate on a typical year of spending, plus credits at the share a typical holder uses rather than their face value, plus any certificate or free night earned in that year, minus the first-year fee and the cost of putting the minimum spend on this card instead of that one.
Lounge access, elite status, other benefits, purchase and travel protections, and a certificate or free night that arrives on the card's anniversary are listed beside the first-year figure, not in it. Each year after counts them, with the rewards and credits, less the annual fee. A credit or benefit that needs a spend or a stay counts only where its condition is printed beside it, and credits gated on spend most people never reach are left out.
The fee, offer, earning rates, credits and protections come from the card's record in the Miles dataset, kept against the issuer's own terms. The verdict line is chosen from a fixed set of sentences by Miles' analysis of the offer and the card; nothing on this page is written by hand for one card.
Recent changes
- changed from $100 after first purchase. All miles earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year to $100 after first purchase. All miles earned in first 12 months will be doubled. This makes this a 3% cash back card for the first yearOct 11, 2026
- changed from null to Discover it MilesOct 8, 2026
- changed from null to 0Aug 13, 2026