Posted by William Charles on April 20, 2018
Credit Cards

Published on April 20th, 2018 | by William Charles

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Discover it Miles – $75 Statement Credit + 3% Cashback First Year

The Offer

Direct link to offer

  • Discover is offering a $75 statement credit after you make your first Amazon.com purchase on the Discover it Miles. This is in addition to getting your cashback doubled in the first year (making this a 3% cash back card for first year)

The Fine Print

  • No annual fee
  • Card earns 1.5x miles per $1 spent, doubled in your first year (miles are worth 1¢ each)
  • $30 Inflight WiFi credit
  • Our full review

Our Verdict

Previously you had been able to get $50 via referral and that was doubled first year, but that no longer works. So this is the new ‘best offer’. I wonder if Discover will continue to improve the bonus now that Chase is offering 3x on the Chase Freedom Unlimited first year? Upside to this miles card is that it’s issued by Discover so no need to worry about the Chase 5/24 rule. As always before applying for this card, read these things everybody should know about Discover cards.

Hat tip to Paul T



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ranova
ranova

“You can have a maximum of two credit cards issued by Discover. Your first account needs to be open for a year before the second can be opened and you can only have one student card. This also means that multiple inquiries won’t be merged, as you can only apply for one card at a time.”

I opened my 2nd Discover IT card last year and the cb will be matched soon, can I close that card after and open the IT Miles card after?

Ed
Ed

Can you churn this if you’ve already gotten the $75 gift card before?

elegua
elegua

Yes you can, im in my 3 Discover miles card and currently have 3 (1 AU) player 2, that is 3% in everything, got my CB match in 11/17 and applied for the new on 03/18, the only thing that i don’t like is they start with low SL, one have over 20k and the new one 3k lol.

007
007

Am I reading correctly that you had THREE Discover cards at one time, 2 under your name and 1 as an AU? I ask as I am an AU on 1 Discover card, and want to see if I can apply for ONE more or TWO more? Thank you!

Joe
Joe

Hey William is it just me but it seems like you’ll be getting $75 in statement credit rather than Amazon GC? I think ive had a similar deal with the regular It card before

P
P

Can this card be converted to the one with 5% rotating quarterly categories after year one?

Shyam
Shyam

Yes, Miles Card can be converted to IT Card.

elegua
elegua

Yes you can, you can convert miles to IT and IT to miles at any time, (done it several times), but you have to wait for the statement to cut to see the change.

Pi-nope
Pi-nope

Thanks a lot!!

James
James

“Discover will usually match sign up bonuses. If they don’t, make sure you escalate to a manager.”

Spoke to both CSR and CSM and they both said I had to have gone through the Amazon link to get this so they will not be able to match me to this bonus.

TomJ
TomJ

I just was approved for this card last weekend but without the Amazon bonus! RATS! If only I had waited a week.

James
James

You can try, and maybe get a different response. I was going to HUCA later.

pato
pato

Did you HUCA yet. I recently got the card but not sure if they will honor that

troy
troy

how sensitive is discover to high inquiries?

MickeyMouse
MickeyMouse

You say,

“Previously you had been able to get $50 via referral and that was doubled first year, but that no longer works”

I have a Datapoint from February that shows the opposite. I referred someone and they show the $100 Bonus ($50 at First Statement and $50 in their CashBack Match). Where are you getting the information that it no longer will do this?

NinjaX
NinjaX

probably not from the mickeymouse club. thats his loss…

MickeyMouse
MickeyMouse

Who’s loss…? Also, I chose this handle because I first started on here due to the Chase Disney $200 Statement Credit SUB 😉

Montr
Montr

Can the miles earned with this card be cashed out or are the miles purely for planning travel?

Trey
Trey

“You can redeem Miles in any amount as a credit toward travel purchases on your statement or get cash as a direct deposit to your bank account.”

Sam
Sam

Discover IT 5% Cash is probably still better if you can max out the categories like warehouse/amazon/groceries/gas. double cash back on 5% first year is pretty sweet.

Matt
Matt

Wouldn’t the statement credit ALSO double? I mean, the referral bonus applied as a statement credit too effectively, so I don’t see a reason why this wouldn’t either (besides the obvious that it shouldn’t count, but obviously it had been in the past).

Ken
Ken

Statement credit is not “cashback”.

Matt
Matt

Neither is a referral bonus though. That’s my point.

Savingwizard
Savingwizard

Anybody can confirm if this $75 offer is doubled after 1 year?

Adam

can you reload your amazon balance w/say a $1 — will that trigger the sign up bonus on this card?!

I dont see any probs going this route. the offer language doesnt mention any min amount — but not sure if one is needed to trigger the bonus. I presume the reload will come thru the same processor/channels as any other purchase — thus triggering the bonus. thoughts?

Santorini
Santorini

I can confirm that sending a gift card (I sent to my spouse) for a little over a $1 triggered the $75 Amazon Discover bonus. I thought it was safer than a reload.

JT
JT

Can you get the $75 statement credit offer on Discover IT MILES while using a referral link? What does the referrer get for a referral bonus on IT MILES?

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