Discover it® Business Card review

Garrett Yarbrough Avatar
Garrett Yarbrough  in  Business How we rate our cards  | 

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money.

Discover Image

Recommended Credit Score

Excellent (740 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Annual Fee:
Purchase Intro APR:
0% Intro APR for 12 months on purchases
Regular APR:
12.99% to 20.99% Variable
Terms and Restrictions Apply

Bankrate Rating

Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards.

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our business category page.


Best low-fee cash back card for small businesses

  • Rewards rate: Unlimited 1.5 percent cash back on all purchases
  • Welcome offer: All cash back earned in the first year is automatically matched
  • Annual fee: $0
  • Purchase intro APR: 0 percent for 12 months
  • Balance transfer intro APR: N/A
  • Regular APR: 12.99 percent to 20.99 percent variable APR

If you’re a small-business owner looking for a user-friendly business rewards card, the Discover it® Business Card could be the perfect low-maintenance option.

The Discover business card is one of the rare company cards with no annual fee or foreign transaction fees, and though it lacks the arsenal of rewards and benefits of other premium credit cards, it’s a solid option for startups that don’t have specialized expenses.

Welcome offer

Like all other Discover credit cards, the Discover it Business Card will match the cash back you earn within your first 12 months.

This isn’t a typical sign-up bonus with a three-month time frame but it could be more valuable depending on your spending. For example, the Bank of America® Business Advantage Cash Rewards Mastercard® credit card offers a $300 sign-up bonus after spending $3,000 in combined purchases in your first 90 days but if you spend more than $1,667 per month, you’ll earn more with Discover’s Cashback Match.

Cash back

The Discover small business credit card is an excellent choice if you’re in the market for a streamlined rewards program. In fact, it’s the only Discover credit card that offers flat-rate cash back—possibly the easiest rewards style you’ll find.

Earning cash back

You’ll earn 1.5 percent cash back per dollar spent on all purchases. Discover may also occasionally send extra promotional offers (terms and limitations may apply) that could add more cash back to your pocket. Fortunately, you can have up to 50 employee cards that will all earn cash back, too.

This is a common flat rewards rate for business and personal cards alike. It’s the best match if your small business expenses fall outside normal bonus categories, such as travel or dining, or if you usually spend beyond bonus category spending caps. That said, you may be able to earn more cash back by considering another card with bonus categories to cover specific purchases.

Redeeming cash back

Your main cash back redemption options are either direct deposits to your bank account or a credit card statement credit (both starting at any amount) but you may also put your rewards toward gift cards (starting at $5) or charitable donations (starting at any amount). Cash back can also cover or PayPal purchases at the checkout screen.

Spending cash rewards on gift cards generally isn’t the most flexible rewards method but Discover makes it a more appealing option since several partner gift cards add extra value to the balance.

How much are rewards worth?

Leaving aside the case-by-case monetary value added to gift card redemptions, Discover’s cash back is worth the same as any other card’s 1.5 percent cash back rate: 1.5 cents per dollar spent. Your cash back rewards also retain a 1:1 value when spent at checkout with and PayPal.


The downside to Discover cards, in general, is their bare-bones structures. Unfortunately, other than Discover’s award-winning customer service, there isn’t much to write home about when it comes to cardholder perks. Rather than offering a roster of shopping and travel features like other cards, Discover sells itself on providing ongoing value, solid security and quality customer service.

24/7 U.S.-based customer service

Leading credit card customer service has long been one of Discover’s advantages and has won it the No. 1 ranking for five of the past seven years in the coveted J.D. Power Credit Card Satisfaction Survey.

Discover’s customer service perks include features like a Free FICO Credit Scorecard,  recurring charges dashboard and year-end spending summary.

Account protection

All Discover cards offer standard security features like $0 liability for unauthorized transactions, account alerts and near-instant account locking with “Freeze It” via Discover’s mobile app. Where Discover goes above and beyond is its 24/7 fraud protection service and mobile app—both of which also helped it win the top position in J.D. Power’s 2019 survey for credit card mobile app satisfaction.

Instead of just monitoring your account history for fishy activity, Discover scours the deep web for your Social Security number to warn you if your personal data has been compromised. Credit bureaus and other third-party services can do this level of credit monitoring for you too, but Discover is one of the few issuers to throw this layer of security in for free. If there are any signs of fraud, Discover offers free, overnight card replacement.

 Business features

Unfortunately, the Discover it Business Card’s perks for business owners are a bit slim as well. You can easily download and import employee transactions into popular accounting programs (like Quicken, QuickBooks and Excel) from up to 50 free employee cards. The Discover Business Card’s employee cards also earn rewards and you can set specific credit limits to more easily manage employee spending.

Rates and fees

The Discover it Business Card’s main draw by far is its low rates and fees. There are no annual, foreign transaction or over-limit fees to worry about with this card. Employee cards don’t carry a fee, either, and you won’t get hit with a penalty APR if you miss a payment deadline (the first late payment fee is waived and goes up to $40 after that).

If you’re just launching your business and you have big expenses on the horizon, the 0 percent introductory purchase APR will keep interest at bay for 12 months. After that, the card carries an ongoing APR of 12.99 percent to 20.99 percent variable, the low end of which is well below the current average interest rate. Unfortunately, the intro APR offer doesn’t cover balance transfers, and the card’s balance transfer fee clocks in slightly high at 5 percent.

How the Discover it Business Card compares to other business cards

Although this card’s perks aren’t very competitive, Discover cards are known for being accessible since they’re open to those with good credit. Since it’s a business card, the Discover it Business requirements call for excellent credit (a FICO score of 740 to 850) to apply. But if you have sufficient credit and you own and manage 100 percent of a business that is older than one year, the Discover Business Card pre-approval page should show you have solid approval odds.

Another potential drawback worth considering is that Discover uses its own network, which enjoys less international acceptance compared to the two biggest networks, Visa and Mastercard. This may not be an issue for many travelers but as the February 2020 Nilson Report found that 99 percent of U.S. merchants take Discover, and over 48 million merchants across more than 190 countries also accept it.

If you’re concerned about any of these aspects, here are a few other no annual fee, cash back business cards to consider.

Card name Rewards rate Annual fee Welcome offers
Bank of America® Business Advantage Cash Rewards Mastercard® credit card
  • 3% cash back on one of six choice categories: gas stations, office supply stores, travel, TV/telecom and wireless services, computer services or business consulting services
  • 2% cash back on dining (3% and 2% categories share a $50,000 spending limit in combined purchases per year, then 1%)
  • Unlimited 1% cash back on all other purchases
  • $300 statement credit after spending $3,000 on purchases within the first 90 days
  • 0% intro purchase APR for the first 9 billing cycles (then 12.24% to 22.24% variable)
American Express Blue Business Cash™ Card
  • 2% cash back on up to $50,000 in purchases per year, then 1% back
  • $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
  • 0% intro purchase APR for the first 12 months (then 13.24% to 19.24% variable)
Ink Business Unlimited® Credit Card
  • Unlimited 1.5% cash back on all purchases
  • $750 cash bonus after spending $7,500 in purchases within the first three months
  • 0% intro purchase APR for the first 12 months (then 13.24% to 19.24% variable)

Best cards to pair with the Discover it Business Card

The best way to maximize your flat-rate cash back card is to couple it with another credit card that earns cash back in your biggest spending categories. For example, you could use a card like the Bank of America Business Advantage Cash Rewards card to rack up 3 percent cash back on business expenses like office supplies or travel (on up to $50,000 in combined 2 percent and 3 percent categories per year, then 1 percent).

The Business Advantage Cash Rewards card makes an especially good partner for the Discover Business Credit Card since its flexibility compliments the Discover card. You can swap your 3 percent category each month for whichever upcoming overhead cost you expect will be highest.

Bankrate’s take—Is the Discover it Business Card worth it?

Overall, the Discover it Business Card is a valuable option if you prefer a straightforward flat-rate rewards card over a higher-maintenance credit card with more perks. Like other Discover cards, the cardholder benefits of the Discover business credit card take a back seat to the low, ongoing rates and fees, security features and customer service.

If your business calls for specialized spending and beefier benefits, a range of other business rewards cards can get you cash back—but possibly at a higher cost.


  • No annual, foreign transaction or over-limit fees
  • 12-month, 0 percent intro purchase APR with low ongoing APR (12.99 percent to 20.99 percent variable)
  • Achieved top rank in J.D. Power’s Credit Card Satisfaction Survey for five of the past seven years


  • Limited portfolio of benefits
  • Discover network has a smaller merchant acceptance presence compared to Visa and Mastercard
  • No zero-interest offer for balance transfers