Current Welcome Bonus & Value
As of June 2026, the Discover it Miles card offers a $100 welcome bonus. This bonus is unique as it requires a referral from a current Discover cardholder; both the new applicant and the referrer receive $100. Beyond the initial bonus, the card earns 1.5% cash back on all purchases, which is doubled for the entire first year, effectively giving you 3% cash back on everything you buy during that period. The estimated value of the welcome bonus alone is $100.
Minimum Spend to Earn It
Earning the $100 welcome bonus is remarkably simple. You must make at least one purchase within the first three months of account opening. There is no specific dollar amount required for this purchase, making it one of the easiest bonuses to achieve.
Who's Eligible
To be eligible for the Discover it Miles card, you must be a new Discover cardmember. This means if you've had a Discover card before, you generally won't qualify for this specific welcome bonus. The card is designed for individuals with a good credit score.
Unlike some other issuers, Discover does not have complex application rules like Chase's 5/24. However, the 'new cardmember only' rule is strictly enforced for bonus eligibility.
Is It Worth It? (Pros/Cons)
Pros:
- $0 Annual Fee: Enjoy all the card's benefits without paying a yearly fee.
- Easy Welcome Bonus: A $100 bonus with just one purchase in three months is highly attainable.
- Doubled Cashback First Year: Effectively earn 3% cash back on all purchases for your entire first year, a strong rate for a no-annual-fee card.
- No Foreign Transaction Fees: Use your card abroad without incurring extra charges.
- Good for Building Credit: Discover is known for its accessible cards for those with good credit looking to establish or improve their credit profile.
Cons:
- Referral Required: You cannot apply directly for this offer; a referral from an existing cardholder is necessary.
- Modest Bonus: While easy to earn, the $100 bonus is smaller compared to some travel or premium cashback cards.
- Standard Cashback After Year One: The 1.5% cashback rate after the first year is standard and not particularly competitive for everyday spending.
How to Apply
To apply for the Discover it Miles card and receive the welcome bonus, you must obtain a referral link from a current Discover cardholder. Once you have the link, simply follow the application process. Ensure your credit score is in the 'good' range before applying to maximize your approval odds.
Alternatives
If the Discover it Miles card isn't the right fit, or if you're looking to diversify your credit card portfolio, consider these related options:
- Discover it
- Discover it Cash Back
- Discover IT with Cashback Match
- Premium Rewards Credit Card
- One Key+ Card
- Personal World Mastercard