Why I Open My Junk Mail… 12,000 More Miles From Discover

July 23, 2006 By Jonathan Ping 3 Comments
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I always read my junk mail. You never know when you’ll get a juicy targeted offer not available to the general public. It may be extra cashback on a specific category, or just 0% APR with no balance transfer fees from a bank that usually charges fees. Besides, I have to open it to shred it anyways, and after a while you become a pro at sifting through the fine print instantly.

In this case, I got my Discover Miles Card back when it was offering a 5,000 mile signup bonus. Now, it’s offering a 12,000 miles bonus over 12 months. I cashed in my bonus miles and have been happily earning 5+% interest on my borrowed free money. But for some reason, I just got a letter saying I’m getting a replacement card and I get the 12,000 miles bones offer as well. Same rules, I have to make a purchase once a month (still 0% for purchases for me, so no problem). So if you have this card, keep an eye out. 12,000 miles is worth over $75 in gift cards.

Of course, you may not agree with me and want to save some trees (though I do recycle). In that case, you can opt out of pre-screened credit offers by either calling 1-888-5OPTOUT or going here. For more information visit (and proof that these sites aren’t scams), visit FTC.gov.

Filed Under: Credit Cards
Last updated: May 1, 2014
My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

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Comments

  1. drdomore says
    July 24, 2006 at 7:07 am

    I’ve signed up for Discover Miles card after reading your post. Thanks!

    I had applied for a BT at the application time so when the card came to me, it already had all its credit limit (8K) applied towards a BT to a Citi card that I had used to pay my tuition. So I could not use this money to earn interest. I plan to pay it off in 9months.

    Now I am paying about $160/mo as the minm. payment on the card and have $160 of credit available. I have not used the card for a purchase (yet) as I am afraid if I buy smthg the interest rate on my BT will jump from 0% (current) to some preposterous number. Can I use the card to make a small purchase to get the bonus miles without defaulting on some fine print somewhere? How did you resolve this?

    Reply
  2. Jonathan says
    July 24, 2006 at 1:22 pm

    drdomore – It’s good that you’re aware of that issue, but what you have to look for is that the 0% APR rate is good for both purchases and balance transfers. Many card have different ones. This card does have 0% for both, so you are all set. Be sure to note when the introductory period ends.

    Reply
  3. drdomore says
    July 24, 2006 at 6:42 pm

    thanks jonathan!

    Reply

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