Cash or Miles—How to Choose a Reward Credit Card

Choosing a rewards card can be daunting task. Here are a few guidelines for finding the best travel rewards or cashback card for your lifestyle and spending habits.

1. Decide what kind of travel rewards is right for you

If you fly more than two to three times a year, travel rewards cards make great sense. The more you spend on your card, the more Miles you accrue you can book any travel, domestic or international, or pay for travel upgrades and then redeem your Miles for statement credit toward those purchases in 180 days. Because every credit card calculates Miles differently, be sure to ask how many you earn per dollar you spend. While airline-branded credit cards might offer great sign-up bonuses, they often fall short of providing good earning rates. An alternative to consider would be Discover it Miles, which offers generous earning rate on everyday purchases, a Discover Match® bonus* and even an in-flight wi-fi benefit, which will reimburse you up to $30 of your inflight Wi-Fi purchases each year with automatic credits to your statement**.

1. For cash back, consider the penny rule

Don’t fly often? Cashback cards are an excellent rewards option, but you should never sign up for a card if you are getting back less than a penny for every dollar you spend. You can do better than that.

To pick the best option for you, consider that different cards offer greater cash back amounts in certain spending categories. So for example, if you dine out a lot, you can find a cashback card that gives you extra points for money spent at restaurants. If you’re always on the road, a card that gives you bonuses for gas station expenditures will be a good bet.

Discover It Card

Earn big‑time cash back that never expires.

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Get the credit card that's got it all: Discover it®.

Discover it® gives you big‑time cash rewards with 100% U.S.‑based customer service.

Discover it Card

Sponsored

Get the credit card that's got it all: Discover it® 

Discover it® gives you big‑time cash rewards with 100% U.S.‑based customer service.  

Sponsored

Earn big‑time cash back that never expires with Discover it®

Earn big-time cash back that never expires with Discover it. See Rewards

2. If you are interested in an uncomplicated cash back credit card, consider Discover It.

The Discover It promotion will match all your cash back earned during the first year of membership.

Match First Year Cash Back: After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you’ve earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, your cash back will not be matched. You’ve earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This exclusive offer is available only to new cardmembers.

What makes this card outstanding, is that Discover will automatically match all of the cash back that you earn in your first year. This includes what you can earn when you sign up for the 5% Cashback program. You need to enroll in the 5% program each quarter, as categories change, and you’ll earn 5% on every in category purchase up to $1500. Discover also matches any cashback earned from shopping through Discover Deals. After your first as a Discover Cardmember, Discover will match all the cashback you earned – this is an unbeatable value!

*Cashback Match®: After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you’ve earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, Your cash back will not be matched. You’ve earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This promotional offer may not be offered in the future. This exclusive offer is available only to new cardmembers.

**In-Flight Wi-Fi Credit: When you use your Discover it Miles card to purchase wireless internet access on an aircraft, we will issue a statement credit in the amount of that purchase in U.S.dollars within seven (7) business days, up to a maximum of $30 each Anniversary Year. An Anniversary Year consists of 12 consecutive months following your account open date, and each subsequent 12-month period thereafter. You will lose any unused Wi-Fi credit at the end of each Anniversary Year, or if you close or convert your account. Airport and other Wi-Fi purchases are not eligible. This benefit may change or end in the future.

Discover card believes that consumers should be armed with the information they need to help them make informed credit decisions.

Legal Disclaimer: The articles and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.

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  • Discover It Card

    Earn big‑time cash back that never expires.

    Sponsored

    Earn big‑time cash back that never expires.

    Sponsored

    Get the credit card that's got it all: Discover it®.

    Discover it® gives you big‑time cash rewards with 100% U.S.‑based customer service.

    Discover it Card

    Sponsored

    Get the credit card that's got it all: Discover it® 

    Discover it® gives you big‑time cash rewards with 100% U.S.‑based customer service.  

    Sponsored

    Earn big‑time cash back that never expires with Discover it®

    Earn big-time cash back that never expires with Discover it. See Rewards
Earn big-time cash back that never expires with Discover it. See Rewards