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Discover® Business Miles Card Review
Issued by Discover
  
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Overall Rating:
Benefit Rating:
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The Discover® Business Miles Card is designed for account seekers with very good credit who plan to take advantage of the travel reward program.
Through the travel reward program, account holders can earn double miles on up to $5,000 in travel and gas purchases and up to one mile for every dollar spent on general purchases. Miles earned with the Discover® Business Miles Card can be redeemed for airfare or reduced airfare on most major U.S.-based airlines with the added benefit of no travel restrictions. These miles can also be redeemed for gift cards from 50 brand name partners. After becoming a card member, account holders are eligible to earn 1,000 Bonus Miles each month a purchase is made with the card for 12 months from the date of activation. Bonus Miles have an earnings cap of 12,000 miles.
This business card does not have an annual fee and it has an attractive 0% introductory rate on card purchases for the first twelve months. A 3.9% introductory rate APR applies to the first six months for balance transfers.
For business card shoppers who are looking for a credit card with a miles program and average rates, the Discover® Business Miles Card may be the most rewarding.
Through the travel reward program, account holders can earn double miles on up to $5,000 in travel and gas purchases and up to one mile for every dollar spent on general purchases. Miles earned with the Discover® Business Miles Card can be redeemed for airfare or reduced airfare on most major U.S.-based airlines with the added benefit of no travel restrictions. These miles can also be redeemed for gift cards from 50 brand name partners. After becoming a card member, account holders are eligible to earn 1,000 Bonus Miles each month a purchase is made with the card for 12 months from the date of activation. Bonus Miles have an earnings cap of 12,000 miles.
This business card does not have an annual fee and it has an attractive 0% introductory rate on card purchases for the first twelve months. A 3.9% introductory rate APR applies to the first six months for balance transfers.
For business card shoppers who are looking for a credit card with a miles program and average rates, the Discover® Business Miles Card may be the most rewarding.
Review Date: June 27, 2008
Note: The review on this card was updated on June 27, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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0% Intro APR* |
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Intro Applied Towards:
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Purchases, Balance Transfers |
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Additional Intro Details:
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There is a 0% introductory APR on purchases for 12 months and a 3.9% introductory APR on balance transfers for 6 months. See terms and conditions for complete details.** |
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Purchase APR:
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13.99% (Variable) The APR for purchases is based on the Prime Rate. |
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Cash APR:
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22.99% (Fixed) The APR for cash advances is based on the Prime Rate. There is a minimum APR on cash advances. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Additional Cardholders:
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$0 |
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Grace Period:
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20 Days |
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Late Payment Fee:
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$0 on balances up to $100; $39 on balances of $100 and over |
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Over the Limit Fee:
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$0 on balances of $1,000 or less; $39 on balances over $1,000 |
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Cash Advance Fee:
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3%, $5 minimum |
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Balance Transfer Fee:
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3% for each balance transfer made under this offer, with a minimum of $5 and a $75 maximum |
| Credit Card Reward Program Details (Mile) | |
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Miles per Dollar:
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1 Mile |
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Additional Miles:
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Earn double miles on up to $5,000 in travel and gas purchases. |
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Mile Details:
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Miles can be redeemed for airfare or reduced airfare on most major U.S. based airlines with no blackout dates. Miles can also be redeemed for gift cards from 50 brand-name partners or cash. |
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Expiration:
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None |
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Yearly Limit:
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None |
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Bonus Approval:
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12,000 Bonus Miles* |
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Bonus Details:
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*Cardholders will earn 1,000 Bonus Miles each calendar month a purchase is made, for 12 months from the date of account opening, with a cap of 12,000 Bonus Miles. |
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Frequent Flyer Compatible:
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No |
| Features | |
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Most Attractive Feature(s):
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| No annual fee; reward program. | |
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Least Attractive Feature(s):
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| No extraordinary benefits or discounts offered to cardholders aside from the reward program. | |
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Additional Features:
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| Various Internet account related services. Access to PurchaseChecks. Fraud and security protection services. Access to quarterly and annual statements. Free additional cards for employees. See website for additional benefits. |
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Important Notations
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| **Cardholders will earn 1,000 Bonus Miles each calendar month a purchase is made, for 12 months from the date of account opening, with a cap of 12,000 Bonus Miles. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Discover® Business Miles Card from Discover See other Business Credit Cards See other Discover Credit Cards |
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