Annual Percentage Rate (APR) For Purchases
N/A on card purchases until the last day of the billing
period ending during N/A;* then the standard
APR, N/A
PurchaseCheck Purchases: N/A
Other APRs
Balance Transfers: N/A until the last day of the billing period ending during ;* then the standard APR for purchases
Cash Advances: N/A
Default Rate: N/A
Variable Rate Information
N/A
Grace Period for Repayment of the Balance of Purchases
N/A
Method of Computing the Balance for Purchases
N/A
Annual Fee
None
Minimum Finance Charge
N/A
Change Text Size:
BALANCE TRANSFER TRANSACTION FEE: N/A
CASH ADVANCE TRANSACTION FEE: N/A. LATE FEE: N/A. OVERLIMIT FEE: N/A.
*If you fail to make a required payment when due or if you exceed your account credit limit twice, any introductory/special rates terminate. Your purchase APR and cash advance APR will also be increased to the Default Rate. If your cash advance APR exceeds the Default Rate, it will not be changed. See Cardmember Agreement for details.
† The Prime Rate used is the highest prime rate listed in The Wall Street Journal on the last business day of the month.
INTRODUCTORY/SPECIAL APR OFFERS: If you are approved for an account, you will be able to make balance transfers under this offer until November 30, 2008. If you request balance transfers after this date, we will not make the balance transfers. Please allow up to 4 weeks before payments to your other accounts are made. Accordingly, you should continue to make all required payments until you confirm that the balance transfers were made. Balance transfers may only be used to transfer commercial balances or pay business expenses, and may not be used to pay any Discover accounts. Balance transfers do not earn rewards. Balance transfer requests will be processed from the lowest to the highest dollar amount. You understand that if your application is approved, your credit limit may be lower than the total amount of balance transfer requests, and you authorize us to process any balance transfer for less than the amount requested, up to your available credit. Making additional transactions may still cause you to exceed your account credit limit. You may only make balance transfers to accounts that list you as an accountholder. There is no grace period on balance transfers. If you are overlimit twice or late making a payment, any introductory/special rates will terminate and the standard purchase APR or applicable Default Rate will apply. If more than 90% of your new balance consists of special rate balance transfers, we may increase your minimum payment due to a maximum of 4% of the new balance if it would otherwise be less than that. Each balance transfer made under this offer is subject to a balance transfer transaction fee as described above.
PAYMENT ALLOCATION: We apply payments to balances with low introductory/special APRs (such as special balance transfer and purchase APRs) prior to balances with standard APRs. Therefore, your savings will be reduced by making additional transactions or having balances that are subject to standard APRs. In addition, the length of time the introductory/special APRs will apply to your account may be reduced by the amount of your payments.
APPLICATION INFORMATION: Federal law requires that we obtain certain information about you and your business such as street address and taxpayer id number in order to verify your identity. You authorize us to obtain business and consumer credit reports in considering this application and for review, renewal, change in credit limit, collection or other legitimate purposes associated with your Account. Upon your request, we will inform you of the name and address of each consumer reporting agency from which we obtained a consumer report relating to you. You must be 18 years or older to be approved. THIS OFFER SUPERSEDES ALL PRIOR OFFERS. Any notices relating to this application or the Account will be effective if sent to the business mailing address. Terms of this offer, including fees and calculation of variable rates are accurate as of July 2008 and may change after that date. To find out what may have changed after that date write to us at PO Box 15410, Wilmington, DE 19886-0820. Please allow 30 days for us to process your application.
CARDMEMBER AGREEMENT: The Card may only be used for business purposes. You agree, individually and jointly with the business, to be bound by the terms of the Cardmember Agreement, which will be sent with the Card. You also agree that the Cardmember Agreement and the account are governed by Delaware and federal law. Except for any introductory/special APR offer, the terms of your account, including rates and fees, are subject to change.
PURCHASECHECKS: If you use a PurchaseCheck to purchase or lease goods or services from a merchant, the transaction will qualify as a purchase under the Cardmember Agreement but will have no grace period. Any other use, including payments for rent, other loans, or payroll, or payments to a financial institution, will be treated as a cash advance, subject to the cash advance APR and Cash Advance Transaction Fee.
ARBITRATION: The Cardmember Agreement provides that we may choose to resolve a claim relating to your account by binding arbitration, in which case, you will not have the right to have that claim resolved by a judge or jury and you may not have the right to participate in a class action in court or arbitration. You may reject the arbitration provision with respect to your new account within 30 days after receiving your card. For restrictions and details, write to us at PO Box 15192, Wilmington, DE 19886-1020.
OHIO RESIDENTS: Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. NEW YORK RESIDENTS: Call the New York State Banking Department at (800) 518-8866 for a comparative list of credit card rates, fees and grace periods.
REWARDS: Earn unlimited cash rewards on all purchases. Each year, earn a full 5% Cashback Bonus on your first $2,000 in office supply purchases and a full 2% on your first $2,000 in gas purchases. In addition, earn up to 1% unlimited Cashback Bonus on all other purchases after your total annual purchases exceed $5,000; other purchases that are part of your first $5,000 earn .25%. Office supply purchases in excess of $2,000 and gas purchases in excess of $2,000 earn Cashback Bonus at the same rate as other purchases. Gas and office supply purchases are those made at merchants we classify as gas stations and at office supply stores, respectively. Warehouse purchases (those made at select warehouse clubs, discount stores and their affiliates) and Qualified Merchant Purchases made using PurchaseChecks earn .25%. We do not include warehouse purchases, PurchaseCheck purchases, your first $2,000 in gas purchases, or your first $2,000 in office supply purchases in calculating your total annual purchases to determine your tier level. Rewards are redeemable in $20 increments. Rewards have no expiration date; however, if your account is closed for any reason or inactive for 18 consecutive months or if you fail to make the minimum payment due by the payment due date for two consecutive billing periods, your Cashback Bonus will be forfeited. Full terms and conditions will be sent with your Card.
INSURANCE: Primary Rental Car Loss Damage Waiver Insurance and Common Carrier Travel Accident Insurance are underwritten by Federal Insurance Company, a member insurer of the Chubb Group of Insurance Companies of Warren, NJ. Certain restrictions and limitations apply. Refer to the Description of Coverage for complete information.