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Discover Financial Services LLC, a business unit of Morgan Stanley
(NYSE: MS), has announced the launch of its new Discover(R) Business
Miles Card, which gives small business owners a way to earn miles
faster and the ability to travel with no restrictions. Discover Card
is introducing the new Business Miles Card following last year's
successful debut of Discover Business Card as another way to provide
more flexibility and control to America's small business owners.
"Small business owners have been asking us to offer a miles card
that eliminates complicated redemption rules, limited flight selection
and black-out dates," said Sastry Rachakonda, director of the Discover
Business Card. "We built a Business Miles Card that lets them fly on
any airline at any time and earn Double Miles on purchases that are
important to them."
The Business Miles Card provides a superior rewards experience for
any cardmember who wants to travel without restrictions. Unlike some
other miles programs, with the new Business Miles Card, cardmembers
can book their own travel, through any travel source, at any time -
any airline, cruise, hotel, vacation package or car rental. That way,
they're not tied to restrictive rules and can travel at times that
make the most sense for their business.
Discover Business Miles cardmembers also receive the same
innovative features, unmatched customer service and fraud protection
built into the Discover Business Card.
Product Features
Travel With No Restrictions
-- Choose how you want to book your travel, whether it's through
an airline or travel agent - even online travel sites.
-- Select any airline, cruise, hotel, vacation package or car
rental with no advance booking and no black-out dates.
-- Pay with your Miles Card.
-- Redeem your available Miles for account credits for your
travel purchases.
Earn More Miles Faster
-- Earn Double Miles on travel and gasoline purchases, up to
$5,000 each year.
-- Earn up to one Mile for every dollar you spend on all other
business purchases.
-- Earn .25 Miles for every dollar on purchases made using
Fee-Free PurchaseChecks at vendors and merchants where credit
cards are not accepted.
-- Earn unlimited Miles that never expire for active cardmembers.
Redeem Faster with More Options
-- Redeem your Miles for travel credits to your account or cash
starting at just 5,000 Miles.
-- Redeem your Miles for gift cards from our brand-name Partners
starting at just 1,000 Miles.
Flexible Payment and Control Tools
-- PurchaseChecks: Unique fee-free PurchaseChecks let small
business owners pay merchants and suppliers who do not accept
credit cards, allowing cardmembers to earn Miles and receive
the same standard APR and payment grace period as card
purchases.
-- Employee Cards: Free employee cards with real-time
customizable limits and monthly spend reporting ensure that
small business owners have the necessary oversight and control
they need to give cards with confidence to their employees.
-- Extensive Reporting and Control: Online quarterly and annual
statements by category, downloadable to Quickbooks(R), help
ensure easy tracking of expenses and streamlined bookkeeping,
especially during tax season. Simple, yet extensive, online
account management tools help small business owners pay bills,
redeem rewards, track or categorize expenses, and set up
e-mail alerts to help them stay on top of their finances.
-- Business-Sized Credit: The Discover Business Miles Card offers
highly competitive rates and business-sized credit limits up
to $50,000.
Small business owners can learn more about and apply for the
Discover Business Miles Card by calling 1-888-DISCOVER (347-2683) or
visiting www.discoverbiz.com.
About Discover Financial Services LLC
Discover Financial Services LLC, a business unit of Morgan Stanley
(NYSE: MS), operates the Discover Card with more than 50 million
cardmembers and the Discover Network. Discover Financial Services also
operates the PULSE ATM/debit network, which serves over 4,400
financial institutions and includes nearly 260,000 ATMs, as well as
POS terminals nationwide. For more information, visit
www.discovercard.com, www.discovernetwork.com or www.pulse-eft.com.
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