 How does a cash reward program work? Typically, the program awards points, "dollars" or a cash value based on the amount you charge. The rate at which you collect points varies depending on what you charge or where you charge it. Some programs offer extra points for using their card at a specific place such as a supermarket or fast food restaurant or for certain items.
Some programs offer a variety of rewards. Consumers can earn meals, tickets to sporting events, airline tickets, electronics, or even create their own reward program.
The goal is to get you the consumer to use your credit card as much as possible. Why? FEES! The credit card issuer makes money from two sources each time you use their card. First, from the merchant who pays the issuer a merchant transaction fee and secondly, from you through finance charges and late fees. A recent survey found that nearly half of U.S. cardholders enrolled in a credit card rewards program have never redeemed their points. However, 60% of consumers said rewards program influences their decision when deciding which credit card to use for a purchase.
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0% Intro APR*
Earn 1 Mile for Every Dollar You Spend
Earn up to 5,000 Bonus Miles with Your First Transaction*
Redeem Miles for Airfare on Most Major U.S. Based Airlines with No Blackout Dates
Let your everyday purchases take you where you want to go. Earn 1 Mile for every $1 you spend and choose from a variety of rewards, from airline tickets to gift cards to cash.
Earn 5,000 Bonus Miles the First Time You Use Your Card!*
This is an offer you won’t want to pass up! Apply now and we’ll get you started with 5,000 Bonus Miles. And with rewards starting as low as 2,500 Miles, you’ve got nothing to lose!
Plus, Get a 0% Introductory APR*
Take advantage of a 0% introductory APR on balance transfers for 12 months. You could save hundreds when you transfer your higher rate balances to our unbeatable 0%.
Choose Your Reward!
Take a trip to an exotic destination, enjoy a relaxing weekend at a luxurious resort, get gift cards from your favorite places to shop. You can use your Miles for everything from airline tickets to cash. It’s up to you! And, it's easy to redeem your Miles online or by phone.
Online Account Access
View your statements and your Miles rewards details, pay your bill and more at the Discover® Card online Account Center. Your Account information is password protected and secure.
Reward Options
Fly Any Airline, Any Seat, Any Time
Redeem your Miles for tickets on any major U.S. airline any time. There are no blackout dates on flights when you use your Miles. Plus, you can get reduced airfare offers starting at only 10,000 Miles.*
You can also redeem your Miles for:
Brand-name merchandise
Retail and dining certificates
Hotel and car rental certificates
Cruise and vacation packages
Turn Your Miles Into Cash
In addition to incredible travel rewards and merchandise, you can redeem your Miles for cash by requesting a credit to your Miles Card Account.**
<< Back to the travel reward credit cards
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