Monday, July 30, 2012

Should You Apply for Escape by Discover Card?


Escape by Discover card is one of the highest rated rewards cards in the United States. This card is distributed by Discover Financial and gives the cardholders up to four miles for each dollar they spend using the card. These miles can be redeemed later for hotel stays, cruises, car rentals, air tickets, and even cash. With its amazing rewards, it is easy to say that it is worth signing up for an Escape credit card.

0% APR on the First Six Months

The card offers zero percent APR on anything that you purchase for the first six months of use. This is extremely useful especially if you have plans on buying something really expensive, such as an air ticket or an HDTV. You can pay off the amount without interest at all. Aside from purchases, balance transfers also have 0% introductory APR. This will come in handy if you have debts on your existing high interest credit card and you wish to consolidate them using the Escape card. You can settle your debts quicker and at a reasonable cost. Just make sure that you pay your balances on time even during the promotional period. In addition, take note that after the introductory phase, the APR may change, depending on your current credit rating.

Thousands of Bonus Miles

To make the most out of the credit card rewards from Escape by Discover, you should continually purchase items during the first 25 months of owning the Escape card. Purchase at least one product using the card each month to receive an additional bonus worth 1,000 miles. Constant purchases for the next 25 months will guarantee you with 25,000 worth of miles. This translates to $250 travel points or any type of reward that you wish to claim.

Two Miles for Every Dollar

For every $1 you pay using Escape by Discover credit card, you will instantly receive a bonus of two miles for the purchase. What’s more, when you buy any item from ShopDiscover, you will earn additional two miles. This means that you can obtain up to four miles whenever you purchase anything at their online store. The number of miles that you can collect for your account has no limit and your points will stay there without expiration dates. Bear in mind, though, that they will be forfeited if your account has been inactive for a specified number of months or if you have not made the minimum payment for two consecutive periods.

Travel Insurance and Excellent Benefits

The Escape card provides a car rental collision injury waiver. This is useful if you have rented a car using the card and you have accidentally damaged the vehicle. You can also utilize the waiver if the vehicle gets stolen. The card covers the actual value of almost all rental vehicles. Escape also offers help in case of emergency, particularly if you need medical or legal assistance while traveling.

With all the rewards and perks it offers, Escape by Discover Card easily stands out as one of the best cards for travelers who wish to earn miles quickly from their spending.

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