How Does LendingTree Get Paid?
| Advertising Disclosure
| American Express Disclosure

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Discover it® Business Card Review

Discover it® Business Card Review

Intro Offer
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 Rate
1.5% cash back on every dollar spent on all purchases
Perks & Benefits
Add up to 50 free employee cards, and enjoy 100% U.S. based customer service
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the Discover it® Business Card best for?

The Discover it® Business Card is a good option for small business owners who want a simple approach to earning cash back rewards. That’s because the card offers unlimited 1.5% cash back on every dollar spent on all purchases — meaning, you won’t have to keep track of bonus earning categories or spending caps.

Additionally, the Discover it® Business Card offers the following 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™.

The card also lets you add up to 50 employee cards at no additional fee, and you’ll earn rewards for the purchases made on those cards.

We look at the pros and cons of the Discover it® Business Card and show how it compares to similar business credit cards that offer cash back on every purchase.

Discover it® Business Card overview

    • INTRO OFFER: 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™.
    • Earn 1.5% cash back on every dollar spent on all purchases.
    • Redeem your cash back for any amount, any time. Your rewards never expire.
    • Track business expenses. Download transactions easily into Quicken, QuickBooks, and Excel.
    • Add up to 50 free employee cards.
    • 100% U.S. based customer service. Talk to a real person at any time, day or night.
    • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Credit needed:
    680 850
    Excellent/Good
  • Up to 50 free employee cards
  • Ability to complete transactions via the Discover mobile app
  • 100% U.S.-based customer service
  • Free access to your FICO® credit score
  • 99% nationwide acceptance
  • Free overnight shipping to replace a lost card

Intro Purchase APR

N/A

Regular Purchase APR

N/A

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

N/A

Cash Advance Fee

N/A

Foreign Transaction Fee

N/A

Balance Transfer Fee

N/A

Pros and cons

Pros

  • Flat-rate cash back rewards
  • Sign-up bonus
  • Intro APR on purchases

Cons

  • No bonus earning categories
  • No intro APR on balance transfers

What we like about the Discover it® Business Card

  • Flat-rate cash back rewards

    With the Discover it® Business Card, earn unlimited 1.5% cash back on every dollar spent on all purchases. Rewards, which never expire, can be redeemed for charitable donations, account credit or electronic deposit into any account you designate starting at 1 cent, and gift cards or instant eCertificates starting at $20. You can also apply your rewards towards purchases at Amazon.com.

  • 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™.

    For example, if you spend $35,000 during your first year of card membership, you’ll earn $525 in cash back. Once you factor in Discover’s Cash Back Match bonus, that amount jumps to $1,050 cash back for the first year.

What to watch out for with the Discover it® Business Card

  • No bonus earning categories

    Because the Discover it® Business Card offers a flat cash back rate on every purchase, you don’t have the opportunity to earn a higher rewards rate in popular business categories, like travel, phone services, restaurants and more.

  • No intro APR on balance transfers

    If you want to transfer a high interest balance from a different card, you may be better off with a business credit card that offers an intro APR on balance transfers for an extended period of time, like the Wells Fargo Business Platinum Credit Card.

Alternate business card to the Discover it® Business Card

Compare it to the Capital One Spark Cash Select - $500 Cash Bonus

| Disclosures
Capital One Spark Cash Select - $500 Cash Bonus
Capital One Spark Cash Select - $500 Cash Bonus
on Capital One's secure site
N/A
16.24% - 22.24% (Variable)
$0
1.5% Cash Back on every purchase; 5% Cash Back on hotels and
  • Earn a $500 bonus when you spend $4,500 in the first 3 months of account opening
  • Earn unlimited 1.5% cash back for your business on every purchase, everywhere — with no limits or category restrictions
  • No annual fee
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
  • Rewards won't expire for the life of the account
  • Redeem your cash back rewards for any amount
  • Free employee cards, which also earn unlimited 1.5% cash back on all purchases
  • $0 fraud liability if your card is lost or stolen
720 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

Similar to the Discover it® Business Card, the Capital One Spark Cash Select - $500 Cash Bonus offers a flat cash back rate on every purchase — but with an easier-to-earn signup bonus.

The Capital One Spark Cash Select - $500 Cash Bonus offers a similar 1.5% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel. However, cardholders can earn $500 cash back once you spend $4,500 on purchases within the first 3 months from account opening.

By comparison, to earn $500 with the Discover it® Business Card’s Cash Back Match sign-up bonus, you’ll need to spend $16,666.67 in the first year of card membership.

The Capital One Spark Cash Select - $500 Cash Bonus also charges an annual fee of $0.

Unlike the Discover it® Business Card, the Capital One Spark Cash Select - $500 Cash Bonus does not offer a 0% intro APR on purchases. Therefore, you will be subject to interest charges if you carry a balance on your card from month to month.

Compare the Discover it® Business Card to similar cards

Comparison of four different credit cards
Capital One Spark Cash Select - $500 Cash Bonus Ink Business Unlimited<sup>®</sup> Credit Card Capital One Spark Cash Plus Wells Fargo Business Platinum Credit Card
Capital One Spark Cash Select - $500 Cash Bonus Ink Business Unlimited® Credit Card Capital One Spark Cash Plus Wells Fargo Business Platinum Credit Card
Apply Now
on Capital One's secure site
Apply Now
on Chase's secure site
Apply Now
on Capital One's secure site
Read Review
Annual Fee
$0 $0 $150 $0
Welcome Offer
$500 Cash Back once you spend $4,500 on purchases within the first 3 months from account opening LIMITED TIME OFFER: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening Earn a one-time $300 cash back bonus or 30,000 bonus points when you select a Business Card Rewards Program and spend $3,000 in the first three months of account open date.
Rewards Rate
1.5% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel Earn unlimited 1.5% cash back on every purchase made for your business 2% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel Earn 1.5% cash back on qualifying purchases or earn 1 point on every $1 spend and receive 1,000 bonus points every billing cycle when you spend at least $1,000 on qualifying purchases.
Intro Purchase APR
N/A 0% Intro APR on Purchases for 12 months N/A 0% APR for 9 months
Regular APR
16.24% - 22.24% (Variable) 16.24% - 22.24% Variable N/A Variable APR of Prime + 7.99% to Prime + 17.99%
Intro Balance Transfer APR
N/A N/A N/A 0% APR for 9 months
Regular Balance Transfer APR
16.24% - 22.24% (Variable) 16.24% - 22.24% Variable N/A Variable APR of Prime + 7.99% to Prime + 17.99%
Balance Transfer Fee
$0 at this Transfer APR Either $5 or 5% of the amount of each transfer, whichever is greater. N/A 4% or $10, whichever is greater
Recommended Credit
Excellent Excellent/Good Excellent Excellent/Good
Card Details
Capital One Spark Cash Select - $500 Cash Bonus Ink Business Unlimited® Credit Card Capital One Spark Cash Plus Wells Fargo Business Platinum Credit Card

The information related to the Wells Fargo Business Platinum Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.

Is the Discover it® Business Card right for you?

The Discover it® Business Card is a good option for small business owners who want to earn a solid cash back rate on every purchase.

But if you want to earn an easy signup bonus, the Capital One Spark Cash Select - $500 Cash Bonus may be a better fit.

The information related to the Discover it® Business Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.