Discover it<sup>®</sup> Business Card Review Discover it<sup>®</sup> Business Card Review

Discover it® Business Card Review

Bonus Points

AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.

Offers for the Discover it® Business Card are not available through this site. All information has been independently collected by AwardWallet and has not been reviewed or provided by the card issuer. Some offers may have expired. Please see our card marketplace for available offers.

The Discover it® Business Card is a straightforward cash back card for business owners that offers exceptional rewards for the first year, a great intro APR on purchases, and charges no annual fee.

Rather than a traditional cash back signup bonus, the Discover it Business Card matches all cash back earned in the first 12 months. The card typically earns a flat 1.5% cash back on all purchases, so for the first year, you’ll receive an unlimited 3% cash back on every purchase.

In addition to the higher-earning rate for the first year, the Discover it Business Card also scores a 0% intro APR for 12 months on purchases, followed by a variable rate of 14.74% to 22.74%, making it a great card to use for significant purchases in the first 12 months. You’ll get 3% cash back, plus you can take advantage of the 0% intro APR.

Discover it® Business Card

Discover it Business Card Highlights

  • Unlimited 1.5% cashback on all spending
  • Cashback match bonus for the first year (Effective 3% back for the first 12 months)
  • Free FICO Credit Scorecard
  • Free employee cards
  • No foreign transaction fees
  • 0% Intro APR for 12 months months on purchases, then a variable rate of 14.74% to 22.74%

How the Discover it Business Card Compares to Other Business Cards

For the first 12 months, the Discover it Business Card provides one of the best cash back returns available for business owners, particularly for large purchases or business expenses that don’t fall under bonus categories covered by other cards.

The return on the card is reduced to 1.5% after the first year when the Cashback Match period comes to an end. While 1.5% is still considered a good return for a no annual fee card, there are plenty of no annual fee business cards providing 2% or better return on expenses. And if you are happy to wear a yearly fee, you could potentially get a much higher return on spend with a premium business rewards card.

Discover, unlike most card issuers, does report business credit cards to your personal credit report — something you’ll need to keep in mind when evaluating application rules for credit card issuers.

Alternatives to the Discover it Business Card

If you are looking for an alternative to the Discover it Business Card, there are some great rewards cards available for business owners.

No annual fee business rewards cards:

Premium business rewards cards:

Our Take

A no-annual-fee card that offers an effective 3% cash back for the first 12 months (with no limit) is huge. However, it all comes down to your goals and where your business makes purchases. There are plenty of small business cards earning more points or miles on bonus categories that may be better positioned to help you achieve your goals. But for those who want to keep things simple, it doesn’t get more straightforward than cash.

For rates and fees of the cards mentioned in this post, please visit the following links: The Blue Business® Plus Credit Card from American Express (Rates & Fees), and The American Express Blue Business Cash™ Card (Rates & Fees)

5 / 5 - (6 votes)
AwardWallet Tip of The Day
Did you know that you can track loyalty accounts and travel plans for your entire family with one AwardWallet account? Simply add your family members and then add their programs to AwardWallet.
Show me how

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *


  • I just applied for a Discover card. On the e-application, they asked for my phone #, & I provided my home phone even though I’m on vacation. At the end of the appl, the system tried to call me to provide a security code. However, I’m not at the phone # I provided. I called them back, but they say they will keep trying the phone on my appl for up to 30 days, but I won’t be home in 30 days. I called to explain this to them, but they just kept repeating their script to me that they will keep trying for 30 days. Any suggestions?

    • Rick – I know of 2 numbers for Discover (Application Services: 888-676-3695 / Customer Service: 1-800-DISCOVER). Are you calling customer service? Maybe the application services line might be able to help. However, if that’s the number on your application, I am not sure if they can “edit” the application to change the associated phone number. If they can’t, you’ll have to wait it out and then submit a new application after the 30 days. You wouldn’t be able to do a reconsideration or ‘change the number’ after 30 days, since that’s when applications are considered expired.

  • I am not convinced about the value of Discover cards in US. Some of the merchants in my area don’t accept Discover. Also 3% cashback is only for the first year.

  • Any idea why credit card providers do offer the same kind of advantages abroad?

  • while the casback is nice at 1.5%, the american express blue business with 2pts per dollar spend is better.

    • How it is withe the Centurion® Card?

      MFE Corporation®
      Microsoft Corporation®
      American Express©

      Friendly Regards,

      MFE Arrias
      Mario Arrias

  • Thanks. I am looking for a new business card.

  • It’s not for everyone, but I like the value in this card…especially early on.

  • I have no experience with Discover cards and their acceptance rate. I will definitely look into it when I have exhausted all the more typical cards. I know that yesterday I tried to make a purchase with my Amex and the vendor would take visa, mastercard and discover but not American Express, so they do have some value. A 3% return on that transaction would have been the best rate possible from all my options. Thanks for the reminder.

  • Nice deal.
    But what happens after the 12 months are up?