Discover it® Cash Back vs Miles & More® World Elite Mastercard®
Side-by-side comparison
| Discover it® Cash Back | Miles & More® World Elite Mastercard® | |
|---|---|---|
| Annual fee | No annual fee | $89 |
| Welcome offer | Cashback Match, all cash back earned in year 1 doubled | 70,000 miles |
| Dining | 1x | 1x |
| Groceries | 1x | 1x |
| Gas | 1x | 1x |
| Travel | 1x | 2x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $292 | $310 |
| Points type | Cash back only | Locked to Miles & More |
| Network | Discover | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Discover it® Cash Back earns about $292 a year in rewards and the Miles & More® World Elite Mastercard® about $310, valuing every point at a flat 1 cent. The Discover it® Cash Back has no annual fee, so its rewards are all profit. The Miles & More® World Elite Mastercard® charges $89, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the Discover it® Cash Back delivers more total value, about $71 a year more for a typical spender, mostly because it skips the annual fee the other charges. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the Miles & More® World Elite Mastercard® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Miles & More® World Elite Mastercard® if your spending leans toward travel.