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| Credit Card Review |
The Discover® Business Card, issued by Discover, is designed for those with very good credit who are looking for a cash reward credit card.
Through the reward program, cardholders earn a full 5% on the first $2,000 in office supply purchases, a full 2% on the first $2,000 in gas purchases, up to 1% for other purchases, and .25% for purchases made at select warehouse clubs and discount stores. The Discover® Business Card is the perfect card.
Those who spend up to $5,000 on other purchases will receive a .25% rebate, and those who spend over $5,000 will receive a 1% rebate.* Office supply purchases in excess of $2,000 and gas purchases in excess of $2,000 earn the rebate at the same rate as other purchases.
As an added bonus, cardholders can earn up to a double Cashback Bonus® for redeeming their rebates for gift certificates from participating Discover Card Partners. The card from Discover - Discover® Business Card. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period.
The card has no annual fee and an attractive 0% introductory rate on purchases and balance transfers for twelve months. Explore the many reasons to apply for the Discover® Business Card today. The APR for this card is reasonable for those who qualify.
Aside from the reward program, the card also provides several platinum benefits including various fraud and security protection services as well as access to PurchaseChecks. Cardholders will also receive discounts on products and services at participating merchants and retailers. Find your perfect Discover credit card.
Therefore, those who plan to spend over $5,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn double cash rebates), and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the Discover® Business Card has to offer.
*It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will only be applied only to those purchases made after the cardholder spends over $5,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $6,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
Most Attractive Feature: Double cash rebates at participating retailers and merchants (through the Cashback Bonus® award program); 0% introductory rate; no annual fee.
Least Attractive Feature: Various restrictions applied to reward program.
Apply Now For Discover® Business Card
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Note: The review
of this Discover® Business Card from Discover was updated on May 8, 2008
*Terms and Conditions
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| Key Card Information |
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Introductory Rate: |
0% Intro APR* |
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Time Period: |
12 Months |
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Applied Towards: |
Purchases, Balance Transfers |
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APR (Purchases): |
13.99% |
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APR (Cash Advances): |
22.99% |
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Finance Configuration: |
Average Daily Balance (including new purchases) |
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Annual Fee: |
$0 |
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Additional Cardholders: |
$0 |
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Grace Period: |
20 Days (Min.) |
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Minimum Credit Limit: |
n/a |
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Maximum Credit Limit: |
n/a |
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Late Payment Fee: |
$0 on balances up to $100; $39 on balances of $100 and over |
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Over-The-Limit Fee: |
$0 on balances of $1,000 or less; $39 on balances over $1,000 |
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Cash Advance Fee: |
3%, $5 minimum |
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Balance Transfer Fee: |
3% for each balance transfer made under this offer, with a minimum of $5 and a maximum of $75 |
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Introductory Rate Details: |
There is a 0% introductory APR* on card purchases and balance transfers for 12 months. See terms and conditions for complete details. |
| The Rewards Program
Highlights |
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Expiration: |
None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus.) |
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Yearly Limit: |
None |
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Rebate Minimum: |
.25% |
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Rebate Maximum: |
5% |
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Additional Rebates: |
Earn a full 5% on the first $2,000 in office supply purchases and a full 2% on the first $2,000 in gas purchases (through the Cashback Bonus® reward program). Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners. |
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Rebate Details: |
Earn a 0.25% rebate for up to $5,000 in other purchases and 1% for over $5,000. Reward is redeemable in $20 increments only. Office supply purchases in excess of $2,000 and gas purchases in excess of $2,000 earn the Cashback Bonus® at the same rate as other purchases. |
| Additional Highlights of Interest |
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Special Card Benefits and Features
Various Internet account related services.
Access to PurchaseChecks.
Fraud and security protection services.
Discounts on products and services at participating merchants and retailers.
See website for additional benefits.
Important Notes Regarding This
Offer
**The Cash Advance rate through billing periods ending before 10/01/07 will be 20.99%, then 22.99 thereafter.
See website for complete terms and conditions of card usage and application disclosure.
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Apply Now For Discover® Business Card
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