123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Discover Small Business Credit Card

Profile Picture
By Author: Jeremy Biberdorf
Total Articles: 138
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Small businesses can save money on gasoline with gas credit cards too! With the Discover Business Card your business could be saving 2% on gas and 5% on office supplies. Plus you also earn 1% cash back on other purchases.

You have to read the fine print to see that those percentages are limited. Your business only earns 5% cash back for the first $2000 of office supply purchases each year. For gas station purchases the same applies. For your first $2000 in annual gas station purchases, you earn 2% cash back. Afterwards purchases at gas stations or office supply stores earn the same rebate as other purchases. For your first $5000 in other annual purchases your business earns 0.25% cash back. Other purchases in excess of $5000 earn 1% cash back. That $5000 includes your gas and office supply purchases.

Your business can also earn 0.25% cash back at select warehouse clubs and discount stores. That extra savings could be enough to give you the edge over your competition. Many cash back credit cards exclude these discount warehouse purchases.

To help savings add up even quicker, this credit card offers ...
... a 0% introductory APR on purchases for 12 months and there is no annual fee. Balance transfers have a 5.99% APR for 12 months.

Despite the cash back limitations, the Discover Business Card could be a perfect match for your business. Analyze where your business uses its credit card the most. Then estimate how much you could save. If your business spends money at gas stations or office supply stores, a cash back or rewards credit card of some type is a must. If you spend significantly more at gas stations consider a business gas credit card.

Overall this credit card is best suited for businesses with smaller budgets. A larger business would quickly reach $2000 in gas or office supplies. If that is the case, your buying power should be able to get you a better deal. Or your business could use a different credit card once your office supply and gas station limits are reached.

Compare the best gas reward credit cards and the best small business credit cards, including the Discover business credit card.

Total Views: 354Word Count: 381See All articles From Author

Add Comment

Investing / Finance Articles

1. Chart Patterns For Effective Intraday
Author: strike

2. Analysis Of Bank Statements: Essential For Banks And Nbfcs
Author: Aakash Parikh

3. Essential Tips For Buying Crypto Miners: Make Informed Decisions
Author: blockdag

4. Everything You Need To Know About Applying For A Swift Funds Loan
Author: Sofia Alice

5. Finding The Right Mortgage Broker In Abbotsford And Surrey, Bc
Author: Satbir Bhullar Mortgages

6. Jaydeep La Residency Thane Kolshet Road Project 2 & 3 Bhk Flats
Author: akhilagardas

7. Embracing Sustainable Investment With Esg Data & Solutions
Author: By Inrate Team

8. The Importance Of Lead Qualification In Solar Appointment Generation
Author: Shan Tait

9. Setting Up Your Company In Ireland: Key Considerations For Successful Formation
Author: LSC and Partners - Corporate Tax Consultancy LSC

10. Mortgage Lenders edmonton – How Are They Going To Help You
Author: Dominion Lending Centres Ratefair

11. Why Managing An Smsf In Perth Can Maximize Your Retirement Potential?
Author: Daniel Stewart

12. The Future Of Cryptocurrencies: A Look Ahead
Author: Ethan

13. Unlocking The Power Of Biodiversity In Data Solutions & Rating Services
Author: By Inrate Team

14. The Role Of Chartered Tax Advisors: Ensuring Compliance And Maximizing Benefits
Author: Business Tax & Money House

15. Innovative Accounting Solutions For Modern Businesses
Author: Business Tax & Money House

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: