These are estimated values - your actual earnings will depend on how much you spend and in what categories.<br></p> Year 1: $1,275 Year 2: $638 Year 1: $1,571 Year 2: $821 Annual fee $0 $95 Rewards Automatically earn unlimited 1.5x miles on every dollar of every purchase 2 miles per dollar on every purchase, every day, 5 miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel and 5 miles per dollar on Capital One Entertainment purchases Welcome bonus Discover will match all the miles you’ve earned at the end of your first year.