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Discover Business
Discover Business Credit Card

(3/5 - 2 Votes)
Net Annual Rewards
$202
of Cash
Reward Rate
0.25% for first $5,000 /yr then 1.00%
Annual Fee
$0
Signing Promo
None
APR, variable*
Min APR:
12.99%
Max APR:
19.99%
Default:
28.99%
Cash Adv:
23.99%
Intro APR Promotions
Purchase:
0% for 6 mos
Transfer:
None
Summary
  • 5% on office supplies up to $2k/yr, 2% on gas up to $2k/yr
  • 0.25% on all other purchases up to $5k, then 1%
Credit Card Review: Discover Business

Verdict – Discover Business is not a good card. It ranks poorly in both rewards and APRs compared to other business credit card options on our site.

Discover Business is a mediocre card in terms of both rewards and APR.

How it stacks up as a Rewards Card
The Discover Business card pays 2% back on gas purchases up to $2,000 per year. For other purchases you get 0.25% for the first $5,000 you spend each year, then 1% after that.

If you’re willing to put up with having a Discover card, which is not as widely accepted as American Express, Visa, and MasterCard, you should at least consider going with the Sam’s Club Business card which pays out 2% rewards above $10,000 in spending each year, and 1.19% before then. Depending on which categories you spend money on, you can do even better with a Chase Ink Cash Business card or a American Express TrueEarnings Costco Business card. Run the numbers for yourself – sort by Rewards on our business credit card page.

How it stacks in terms of APRs
There are at least 8 business credit cards with better APR terms. When you sort by APR on our business credit card page, we take introductory APR periods into account.

Compare To Our Most Popular Cards For The Category

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Compare To Capital One® Spark℠ Miles for Business

Why do we think you should consider this card?

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Reward Details & Calculator

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Rewards Type: Cash

Signing Promotion
$0
Estimated Annual Rewards
$21,600 * 0.94%
$202
Annual Fee, 2 yr avg
$0
Annual Rewards (Rewards less Fees)
$202

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 0.0%
$0
APR, 24 months
$2,949
Total
$2,949

*Average APR for Balance Transfers of 13.0% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 6 months
0.00%
Ongoing EAR, 18 months
13.79%
Total EAR, 24 months
10.18%

APR Rankings

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APR
12.99%
ranks #1158 out of 1750 cards.
Average is 11.76%.
Balance Transfer Fee
N/A
Cash Advance APR
23.99%
ranks #593 out of 1016 cards.
Average is 18.81%.

Rewards Rankings

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Annual Fee
$0
ranks #1 out of 1794 cards.
Average is $9.
Base Reward Rate
0.25%
ranks #917 out of 935 cards.
Average is 0.99%.
Effective Reward Rate
N/A
Sign-up Bonus
$0
ranks #1783 out of 1783 cards.
Average is $28.

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*Disclaimer: We try to keep information accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify FDIC Insurance / NCUA Insurance status, credit card information, and interest rates during the application process.