Discover it Business Review: 1.5% Back on Everything, Matched in Year One

Ease of use is the key with this card. It earns a decent rewards rate on all purchases, with no categories to keep track of or spending limits to worry about, and you can redeem your cash back in any amount.
Robin Saks Frankel
By Robin Saks Frankel 
Edited by Kenley Young

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Our Take


NerdWallet rating 
The bottom line:

It'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.

Jump to: Full review
Discover it® Business Card
Discover it® Business Card
Annual fee
Regular APR
14.49%-22.49% Variable APR
Intro APR
0% intro APR on Purchases for 12 months
Rec. credit score
690-850 (Good - Excellent)

Quick Facts

Pros & Cons


  • High rewards rate

  • No annual fee

  • No foreign transaction fee


  • None
Alternate Pick: 2% cash back to start
American Express® Blue Business Cash Card
NerdWallet rating 
American Express Blue Business Cash™ Card
0% period on purchases

This card earns 2% cash back on the first $50,000 in purchases each calendar year and 1% after that. It also offers an intro APR of 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.24%-26.24% Variable APR. The annual fee is $0. Terms apply.

Read our review

Compare to Other Cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual fee


Annual fee


Annual fee


Regular APR

20.74%-25.74% Variable APR

Regular APR

18.24%-26.24% Variable APR

Regular APR

17.99%-23.99% Variable APR

Intro APR


Intro APR

0% intro APR on purchases for 12 months from the date of account opening

Intro APR

0% intro APR on Purchases for 12 months

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score
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Full Review

If your business plans to shell out a lot over the course of a year, the Discover it® Business Card can help you hang on to some of those clams.

The card earns an unlimited 1.5% cash back on all purchases, and like other eligible Discover cards, it offers a new-cardholder bonus that can effectively double that rate in the first year. If you're expecting a lot of expenses in the first year — say, launching a business or product line or making a major capital improvement — this card might be a good fit for you.

But other small-business cards offer similar or better ongoing rewards, while also throwing in extras such as an upfront welcome bonus or a lengthier 0% intro APR offer that may provide a greater benefit to your bottom line. And if you're OK with tracking bonus categories, you can do better than 1.5% back.

Discover it® Business Card: Basics

Card type: Small business.

Annual fee: $0.

Sign-up bonus: Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. And no limit to how much we’ll match. So you could turn $350 cash back into $700 with Cashback Match™.

Rewards: 1.5% cash back on all purchases.

Interest rate: 0% intro APR on Purchases for 12 Months, and then the ongoing APR of 14.49%-22.49% Variable APR

Penalty APR: None.

Foreign transaction fees: None.

Other benefits: Free employee cards and free Social Security number alerts, among other perks.

Why you might want the Discover it® Business Card

Potentially lucrative sign-up bonus

Know what's even better than earning 1.5% cash back on everything? Having those rewards doubled at the end of the first year. For a fledgling business with a plethora of startup costs, earning an effective 3% back on all purchases in Year One can be a huge boon.

No minimum redemption for cash back

Starting with as little as 1 cent in earnings, you can cash in for a statement credit to your card account, an electronic deposit to your bank account, or a donation to select charities. Once you hit $5 in rewards, you can also redeem for gift cards or instant eCertificates from Discover partners.

Little in the way of fees

The Discover it® Business Card has a $0 annual fee, doesn't charge foreign transaction fees, offers free employee cards, and waives your first late fee. Even if you're habitually late, there's no penalty APR (although your credit scores could end up suffering).

0% intro APR offer on purchases

The Discover it® Business Card can offer you some extra time to pay off a big purchase, although you can find longer offers elsewhere.

Why you might want a different card

No upfront bonus offer

Although the new-cardholder bonus on the Discover it® Business Card can be quite lucrative, you still have a wait a year to collect it. Other cards will give you a cache of cash (or points) if you meet a spending requirement within the first few months.

Bigger spenders can do better

If your business spends more than $30,000 a year on a credit card, the Capital One Spark Cash Plus might be a better choice. It earns a flat 2% cash back on all spending. It does come with an annual fee of $150. But if you're putting tens of thousands worth of expenses on the card, you'll still fare better thanks to its higher rewards rate.

No 0% period for transfers

If you're looking for a business card to help you pay down debt, the Discover it® Business Card is not for you, since its 0% APR period applies only to purchases, not balance transfers. The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® would be a better fit. It offers an introductory APR of 0% intro APR for 15 billing cycles on purchases and balance transfers, and then the ongoing APR of 18.99%-27.99% Variable APR. The annual fee is $0.

No travel perks

If you or your employees do a significant amount of travel for work, you could get more utility out of a card that offers extras like airport lounge access or enhanced value if you use your earnings for flights, hotels or rental cars. These kinds of cards typically charge hefty annual fees, but if you'll use the perks, they can easily make that fee worth it. The American Express® Business Gold Card, for instance, allows you to get 25% of your points back after you use points for all or part of an eligible flight booked with Amex Travel (up to 250,000 points back per calendar year). The annual fee is $295, but you'll also earn 4 Membership Rewards points per dollar spent in two bonus categories from a list of six where you spend the most each billing cycle (up to the first $150,000 in combined purchases per year; then 1 point back). Terms apply (see rates and fees).

To see how these cards stack up with competitors, see our best credit cards roundup.

Is the Discover it® Business Card right for you?

If you know you'll have a lot of expenses in the first year, the Discover it® Business Card is an appealing choice. It's also a good option if you like to keep things simple. But it pays to do the math. Many other cards can offer better value in the long term, especially if you're willing to pay an annual fee or keep track of bonus categories.

To view rates and fees of the American Express Blue Business Cash™ Card, see this page. To view rates and fees of the American Express® Business Gold Card, see this page.


NerdWallet reviews credit cards with an eye toward both the quantitative and qualitative features of a card. Quantitative features are those that boil down to dollars and cents, such as fees, interest rates, rewards (including earning rates and redemption values) and the cash value of benefits and perks. Qualitative factors are those that affect how easy or difficult it is for a typical cardholder to get good value from the card. They include such things as the ease of application, simplicity of the rewards structure, the likelihood of using certain features, and whether a card is well-suited to everyday use or is best reserved for specific purchases. Our star ratings serve as a general gauge of how each card compares with others in its class, but star ratings are intended to be just one consideration when a consumer is choosing a credit card. Learn how NerdWallet rates credit cards.