1.5x miles on everything, no annual fee, no FX fee — and Discover doubles your miles at the end of year 1.
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Good credit — 660+ FICO typical; hard pull required
ClearValue Rating: 4.4 / 5 — our editorial assessment (how we rate)
Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
Budget-conscious travelers or occasional international shoppers who want no-FX-fee coverage and first-year value at zero annual cost.
The Discover it Miles has no annual fee and no foreign transaction fee. It earns unlimited 1.5x miles on all purchases, with no rotating categories. Discover matches all miles earned at the end of year 1 (Miles Match), effectively making the first-year earn rate 3x. Miles can be redeemed at 1 cent per mile toward travel or as cash back.
| Year 1 value | Ongoing value |
|---|---|
| 1.5x miles on all spending; Miles Match doubles miles at end of year 1 — effectively 3x miles in year 1; no annual fee; no FX fee | 1.5x miles on all purchases; no annual fee; no FX fee; regular variable APR on any balance carried |
| Miles Match is one-time at end of year 1 only — confirm at discovercard.com; no airline transfer partners | |
Discover it® Miles — 1.5x miles on everything, no annual fee, no FX fee — and Discover doubles your miles at the end of year 1. Best for: Budget-conscious travelers or occasional international shoppers who want no-FX-fee coverage and first-year value at zero annual cost.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
No — as disclosed by Discover (verified June 2026), the Discover it Miles charges no foreign transaction fee on any purchase, including purchases in foreign currencies. Note that Discover card acceptance may be more limited in certain international markets compared to Visa or Mastercard — verify acceptance at your destinations before relying on it as your sole travel card.
At the end of your first cardmember year, Discover automatically matches all the miles you earned — no minimum spend requirement. If you earned 15,000 miles in year 1, you receive a one-time 15,000 Miles Match. Per Discover's terms (verified June 2026). This effectively makes the first-year earn rate 3x miles per dollar (1.5x earned × 2 match). Confirm current terms at discovercard.com.
Yes — Discover it Miles can be redeemed as statement credits toward travel purchases (at 1 cent per mile) or as a direct deposit to a bank account (cash equivalent). Unlike airline miles, there is no airline program to transfer to — the miles function as a travel-centric cash-back currency. Redemption for travel statements lets you book travel however you prefer (airline direct, hotel site, OTA) and then redeem miles to erase the charge. Verify current redemption options at discovercard.com.
No. ClearValue Lending is not a bank, card issuer, lender, or financial advisor. The Discover it® Miles is issued and operated by Discover Bank. APRs, fees, rewards rates, and terms are determined solely by Discover and may change — verify current terms at discovercard.com before applying.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
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