Discover Business is running a promotion where you can get $100 bonus cashback after $1000 in purchases within the first three months. Discover Business was the card I decided was the best business card because it offered a 0% APY on balance transfers and purchases for 12 months, had no annual fee (rare in a business credit card), and now with this $100 cashback promotion offer… it’s certainly worth considering if you run a business.

Some other notable features of the card:

• 0% introductory APR on purchases and balance transfers,
• 5% cashback bonus on office supplies,
• 2% cashback bonus on gas purchases,
• 1% cashback on everything else.

So, who can apply for a business card? Anyone can apply, simply enter your social security number as the TIN. The beautiful thing about the United States is that anyone can be a business as a sole proprietorship and there are no additional tax implications or forms to fill out for the sole proprietorship business entity. This means that anyone can take advantage of this business card offer even if you don’t have a business.

Now that the site generates some income, I have a bona fide “business” and that calls for a business card! My choice right now is the Discover Business card because it offers a 0% Intro APR on purchases for 12 months, which means I can put my MBA classes on it and get 0% for a little while (too bad I just paid for some classes, but there’s always next semester). There, unfortunately, isn’t a 0% balance transfer offer like many other Discover cards but 0% on purchases for 12 months is still a nice perk, especially if you’re just starting a new business.

A few other perks are that I can get 5% cash back on office supplies, 2% on gas (but I’ll be using a Citi Driver’s Edge card for gasoline), and 1% for everything else.

Why would I get a business card when I could just buy stuff with my personal credit card? One reason is that the reporting functionality offered by Discover looks pretty comprehensive and could be valuable come tax time. Secondly, having a “business” credit gives me a little more credence when it comes to tax time because anything that makes you look like you have a business will help. Lastly, getting business credit is difficult and so the earlier I try, the better.

Anyone have any advice about business credit cards or about this Discover card?

Update: I’ve since created a comprehensive list of credit card offers & promotions that contains far more than the handful of promotions available here.

It costs credit card companies $200 per new credit card sign up, so make them give you some of that via gift cards or straight cash:

Discover Business - Get $100 in free money once you spend $1,000 within the first three months. It is a business card but you can use your Social Security Number as your EIN (that’s what sole proprietorships do). There is also a 0% APR balance transfer for 12 month offer and there is no annual fee.

Business Gold Rewards Card - Get $250 in free money! (this deal will be expiring very soon) It is a business card but you can use your Social Security Number as your EIN (that’s what sole proprietorships do). Just as a warning, this card has a $125 annual fee that is waived for the first year.

Starwood Preferred Guest Business Credit Card from American Express - 10,000 StarPoints good for a $100 gift card to Amazon.com after your first purchase. Unfortunately no balance transfer and the $30 annual fee is waived for the first year.

American Express Preferred Rewards Gold Card - 10,000 Membership Reward points will be credited to your Membership Rewards account 6 to 8 weeks after your first purchase, annual fee waived for the first year. 10,000 points is worth $100 in gift cards or 10,000 miles.

CitiBusiness Card with ThankYou Network - $100 worth of Thank You Rewards after $250 in purchases.