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On September 12, DFS launched the Discover it Business credit card, offering unlimited 1.5% cash back on all purchases, as well as free business and security features. In 2019, Discover Financial Services' subsidiary Discover Bank eliminated most fees on all of its deposit products.
Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
A merger with Capital One means Discover will become a much bigger threat to Visa and Mastercard. In addition, the deal would let Capital One “leapfrog” JPMorgan as the biggest credit card ...
Key takeaways. A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers financing ...
Small business and corporate credit cards are both used for business transactions, but there are some key differences. Here’s what you need to know.
Business credit cards are offered by American Express, Discover, and almost all major issuers of Visa and MasterCard cards. Some local banks and credit unions also offer business credit cards. American Express is the only major issuer of business charge cards in the United States, however.
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