The Discover it® Miles earns 1.5 miles for every dollar spent — pretty good for a card with a $0 annual fee, but low compared with travel cards that charge an annual fee. ... But frequent fliers may get even more value out of a more robust travel card, especially if they travel overseas often.
You will need 100 Discover miles for every $1 of the flight's cost. Discover miles are worth 1 cent each when redeemed for airfare. So if a flight costs $500, you will need to redeem 50,000 points to cover the entire cost of the ticket. You can only earn Discover miles when you use the Discover it® Miles card.
The Discover it Miles credit score requirement is 700 or higher. That means an applicant will need at least good credit to have high odds of approval.
But how you redeem your miles is really important, too. For example, the Capital One Venture Card's 50,000-mile initial bonus is worth $500 when used for travel but just $250 when redeemed for cash.
How many miles do you need to have for a free flight by airline? We sampled award miles needed for a one-way domestic flight, and found that consumers need between about 7,000 and 119,000 miles to get a free flight. In most cases, the cost of a round-trip flight is simply double what you see below.
To prepare, you might want to have at least three cards: two that you carry with you and one that you store in a safe place at home. This way, you should always have at least one card that you can use. Because of possibilities like these, it's a good idea to have at least two or three credit cards.
Travel Purchases include airline tickets, hotel rooms, car rentals, travel agents, online travel sites, commuter transportation, restaurants and gas stations. Miles Never Expire: We will credit your account with your rewards balance if your account is closed or has not been used in 18 months.
Redeeming for a Travel Credit is easy:
The Best Airline Credit Cards
The Centurion® Card from American Express (Review) is generally considered the most expensive credit card; it charges a $10,000 initiation fee and a $5,000 annual fee. It's only available by invitation. The Mastercard® Gold Card™ (Review) is the priciest card that anyone can apply to thanks to an annual fee of $995.
You need a 700+ credit score to get most Discover credit cards, but there's no minimum credit score needed for three Discover cards. You can get the Discover it® Secured Credit Card with a bad credit score (below 640).
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
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