Discover Escape card review... is this credit card really legit? I received a rather surprising email from a forum member about Escape by Discover, the latest travel and airline rewards card from this issuer...

2013 Update: At the end of 2012, Discover announced this card would be permanently discontinued. This doesn't surprise me, because even though it had a good rewards program, it wasn't popular.

So for 2013 I would highly recommend you check out this similar card (which is a better offer anyway):

I'll leave up the old review the Escape (below) for reference. But please note you can no longer apply for it.

This person that contacted me was not a cardmember himself, but had seen an ad for it. His concern was if this card really did offer 2 miles for every dollar spent? He was sure there must be some fine print somewhere, that it must be a scam, because he could not believe it was possible to get an unlimited 2 miles on everything.

I was happy to research this and get to get to the bottom of it. But the Discover Escape card had recently came out and there wasn’t a whole lot of info out there. So I decided to go straight to the source – the fine print – that he was concerned about to find out the truth.

Is it really 2 miles for every $1 spent?
Yes and this was hard for me to believe too. The folks over at Discover must be going a little whacky for giving a full 2% rebate on all your purchases!

As you know, there are many other travel cards on the market but almost all of them only give 1 point per dollar. There are some that might give 1.5 or 2 points, but they only do this for very specific categories. However the Discover Escape gives a full 2 miles on every dollar spent. There are no caps to the amount you can earn!

Is there any fine print when you cash in your points?
Again, this may be hard to believe, but the answer is no. There are no blackout dates and unlike the other cards out there, they have no expiration. So whether you want to cash your points out 7 months from now or 7 years from now, it’s totally your choice. This is almost unheard of in the industry.

What airlines can I choose from?
Now this part is really amazing. You can redeem your points for any airline, any time, it doesn’t matter what flight it is or if your seat is in coach or first class. Yep you read correctly – ANY airline and flight! But it gets even better. You don’t have to redeem your rewards for airfare if you don’t want to. You can also choose to cash them in for gift cards, cash, you can even donate them to charity!

Whether you choose to use your miles for airfare or something else, you will always be getting one full cent in value per mile. That means the Discover Escape card is giving you 2% back on every dollar you spend!

Are there any other benefits?
Oh man, where do I begin...
  • Free primary car rental insurance for up to $50,000 on eligible rentals and no deductible (most credit cards only give you secondary coverage).
  • Free travel delay insurance. Facing an unexpected trip delay? They'll pay up to $150 per day for a hotel, meals, etc. for all covered delays!
  • Free trip cancellation insurance. You will get credited up to $2,500 if a covered event forces you to cancel your trip.
  • Free flight accident insurance. Up to $500,000 coverage in the event of the unthinkable on all eligible airfare purchased with the card.
  • Free damaged/lost luggage insurance. Ever have your bags lost? Trust me, it's not fun! But this service will make it easier, by reimbursing you up to $2,500.
What’s the annual fee?
I’m a real stickler when it comes to paying fees. I hate paying them unless the benefits are extraordinary. That’s one of the reasons I hate airline credit cards. They charge around $100 and up just to have a card with subpar rewards.

However the Discover Escape card has a low annual fee of only $60 – the lowest fee I know of all the major airline cards out there. And considering that this one gives you double miles which is equal to a 2% rebate, I would say that’s money well spent!