Discover is now offering a lucrative referral bonus for current Discover It Miles cardholders who refer friends. Here’s what you need to know about the Discover It referral bonus – and how to take advantage.
Discover It Miles Referral Bonus Details
Through December 2020 (12/31/20) current Discover It Miles cardholders who refer a friend will receive a $100 statement credit referral bonus when their friend’s application is approved. Their referral will also receive a $100 statement credit.
This bonus is less than previous offers from Discover but is still a quality bonus for those who love their Discover Card and want to share the wealth.
Discover It Miles Credit Card
While not the most popular card in the Discover It lineup, the Discover It Miles still offers everyday value. The card, which earns an unlimited 1.5X miles on every dollar spent, is a solid option for anyone who wants a reliable rewards card without an annual fee and no foreign transaction fees.
In many ways, the Discover It Miles is more akin to cards like the Chase Freedom Unlimited in that it earns 1.5X miles on every purchase. Since Discover offers a variety of reward options, including cash back, this makes the card the perfect choice for those who use their credit card regularly – but not in the particular categories found with the Discover It Cash Back or Discover It chrome cards.
Like other Discover products, the total miles earned are doubled automatically after the first year through Discover’s Cashback Match.
How to Redeem Discover Miles
Travel awards with the Discover It Miles take the form of statement credits – and not direct bookings through a portal. Cardholders use their card to make an eligible travel purchase and can redeem their cash back balance to cover the costs.
Eligible travel purchases include:
- Airline tickets
- Hotel room bookings
- Car rentals
- Third-party travel site bookings
- Travel operator purchases
- Commuter transportation
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