Discover it Miles cashback rate, cap and annual fee
Discover it Miles pays 1.5% on everything, as a base rate.
This is information about each card's published terms, not a recommendation to apply. PayperWIZ arranges no credit and is paid nothing by any bank or card issuer.
Discover · United States · catalogue v103
Read from Discover's own published terms on 15 Oct 2026.
NoneAnnual fee
1.5%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| everything else | 1.50% | —1.5 miles per $1 on every purchase, unlimited. |
Fixed: this entry said Visa; it is a Discover card. 1.5X miles on every purchase, no annual fee. Discover: "100 miles = $1 to redeem for cash or travel credit", so 1 cent a mile and 1.5% back. Discover matches every mile earned in the first year, a welcome offer rather than a rate, so it is not modelled. Discover's page does not state a foreign transaction fee. Source: discover.com Discover it Miles page, read 15 Oct 2026.
Questions people ask
What cashback does the Discover it Miles pay?
1.5% on everything, as a base rate.
Is there a cap on the Discover it Miles?
No monthly cap is published on the rates shown here.
What is the annual fee on the Discover it Miles?
No annual fee.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.
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