Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Holly Johnson, NextAdvisorThe Discover it Business Card offers unlimited 1.5% cash back on all your business spending with no annual fee. A 0% APR offer for new purchases and first-year Cashback Match bonus offer also make this a solid option for business owners looking for simple cash rewards.
- Jenny Hoff, The WirecutterIf you’re not confident you have the credit score to qualify for other picks, consider this new card from Discover. It charges no annual fee and offers a year of 0% APR on purchases plus top-rated customer service.
- Kat Tretina, InvestopediaIf you're a small-business owner looking for a straightforward rewards card for your routine expenses, the Discover it Business card is a smart choice. There's no need to worry about remembering spending categories, and you’ll earn 1.5% cash back on every purchase you make. Thanks to the bonus, your...
- Robin Saks Frankel, NerdWalletIt's a fine rewards card for small-business owners who want to keep things simple. But bigger spenders who are willing to pay an annual fee can do better.
- Lindsay Vansomeren, The BalanceThe Discover it Business Card has some nice introductory offers, though the available rewards are modest after the first year. If your business is in growth mode, make sure to consider this card for any bigger investments you need to make in the short-term.
Interest Rates | |
---|---|
Regular APR Interest Rate |
12.99% ‐ 20.99% (Variable) (0% for the first 12 months) This APR will vary with the market based on the Prime Rate. |
Balance Transfer Interest Rate |
12.99% ‐ 20.99% (Variable) This APR will vary with the market based on the Prime Rate. |
Cash Advance Interest Rate |
24.99% (Variable) This APR will vary with the market based on the Prime Rate. |
Rates & Fees | |
Annual Fee | $0.00 |
Balance Transfer Fee | 5% |
Cash Advance Fee |
5% Minimum of $10 |
Foreign Transaction Fee | $0.00 |
Over Limit Fee | $0.00 |
Late Payment Fee |
$40.00
|
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | 1.5% cash back |
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Additional Details |
Get a dollar-for-dollar of all the cash backs earned at the end of your first year. |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | No |
Car Rental Insurance | No |
Car Rental Discount | No |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | Yes |
No Foreign Transaction Fees | Yes |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | Yes |
Wireless Payments | No |
Virtual Cards | No |
Additional Benefits |
- Track Business Expenses - Free Social Security Number Alerts |
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age | 18 |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Help inform others by sharing your experience with Discover it® Business Card