Discover Introduces No Annual Fee Business Credit Card with Unlimited 1.5 Percent Cashback Rewards on All Purchases
Sep. 12, 2018
RIVERWOODS, Ill.--(BUSINESS WIRE)--Sep 12, 2018--Discover today announced the launch of the Discover it ® Business credit card, the latest addition to the Discover it family of credit cards. The new card offers unlimited 1.5 percent cash back on all purchases, as well as free business and security features, all with no annual fee 1.
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The new Discover it Business card offers unlimited 1.5 percent cash back on all purchases, along with free business and security features, all with no annual fee. (Photo: Business Wire)
“The Discover it Business card is a smart, simple and rewarding credit card that puts all the features and benefits that Discover cardmembers love and rely on in the hands of business owners,” said Andrew Hopkins, senior vice president of marketing at Discover. “We’re looking forward to providing Discover’s unparalleled customer experience—from rewards, to security and customer service—to business owners so they can focus on the things that matter most, like serving their customers and growing their businesses.”
Business owners have a lot on their plates, and according to market research by Discover, one in four small business owners cite keeping track of expenses as a top worry or concern 2. The Discover it Business card makes it easy to download transactions directly into QuickBooks, Quicken and Excel. Plus, employers can get free employee cards with spending limits for each employee and the ability to earn rewards on all of their purchases.
The new card also makes it easy for business owners to be rewarded for their hard work. In addition to earning 1.5 percent cash back on all purchases, the Discover it Business card is the only business credit card with Cashback Match TM —an unlimited dollar-for-dollar match of all cash back earned at the end of a cardmember’s first year 3.
The Discover it Business card includes all the features and benefits that Discover it cards are known for, including:Free Social Security number alerts – Cardmembers who activate will be alerted if Discover finds their Social Security number on any of thousands of risky websites 4 FICO ® Credit Scores for free through Credit Scorecard 5 No foreign transaction fees, and no late fee on the first late payment $0 fraud liability guarantee – Cardmembers are never held responsible for unauthorized purchases on their Discover card Freeze it ® – Cardmembers can freeze their account in seconds using the Discover mobile app or website to prevent new purchases, cash advances and balance transfers 100% live, U.S.-based customer service available day or night
For more information about the Discover it Business card and to apply, go to www.discover.com/credit-cards/business.
Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories. For more information, visit www.discover.com/company.
1 0% intro APR for purchases for 12 months; then variable 14.74%-22.74%. Cash Advance variable APR 26.74%. Pricing as of August 2018 and is subject to change. Call 1-800-DISCOVER or visit Discover.com for details about credit costs and terms.
2 About the survey: Figures are from an online survey conducted by C+R Research on behalf of Discover. The survey was conducted between March 24 and April 24, 2017, with a total sample size of 901 U.S. small business owners (ages 18+).
3 Cashback Match: After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you've earned and apply them to your account in the following one or two billing periods. This promotional offer may not be offered in the future. See Discover.com to learn more.
4 Discover® Identity Alerts currently include the following services: (a) daily monitoring of your Experian® credit report and an alert when a new account is listed on your report; (b) daily monitoring of thousands of risky websites known for revealing personal information and an alert if your Social Security Number on is found on such a website. The Primary cardmember must agree online to receive identity alerts. To see a list of Frequently Asked Questions, visit discover.com/freealerts.
5 FICO ® Score for Discover cardmembers: FICO ® Credit Scores are disclosed on monthly statements and are based on data from TransUnion ® and may be different from other credit scores. Limitations apply to the FICO ® Credit Score benefit. See Discover.com/FICO to learn more. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180912005089/en/
CONTACT: Discover Financial Services
Jeremy Borling, 224-405-4252
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL SERVICES BANKING FINANCE OTHER PROFESSIONAL SERVICES
SOURCE: Discover Financial Services
Copyright Business Wire 2018.
PUB: 09/12/2018 07:00 AM/DISC: 09/12/2018 07:01 AM