The Best Cash Back Business Credit Cards
You work hard for your money as a business owner. You deserve to capitalize on your spending with cash back rewards and bonuses. Not only can the right business credit card help streamline your cash flow and reduce overhead costs, it can also help pay you back by rewarding you for things you’re going to buy anyway.
But how do you choose the best business credit card? First, you must compare the features, cash back categories, and what kind of fees are associated with the card. To help with this, we’ve put together a comparison of the best business credit cards that offer cash back rewards for everyday business spending.
Capital One® Spark® Cash for Business
The Capital One® Spark® Cash for Business credit card is one of the best in the cash back category for multiple reasons. It gives you the ability to earn unlimited 2% cashback on all of your purchases. You don’t have to worry about rotating or bonus categories, and your rewards have no limitations, so they can be redeemed for any amount at any time.
This card comes with a very nice $500 cash bonus reward after spending $4,500 in the first 90 days of opening your account. Second, the $95 annual fee is waived the first year, so you can try out the Spark® Cash for Business card with no risk.
Another appealing perk to this card is the fact that it has no foreign transaction fees. So if you’re traveling for business, or making a purchase overseas, you don’t have to worry about paying extra fees. Finally, you can request additional cards for your employees at no extra cost, which will help you keep business costs down while maximizing cash back rewards.
SimplyCash® Plus Business Credit Card from American Express
If you’re looking for a business credit card that earns cash back rewards without paying an annual fee then you want the SimplyCash® Plus Business Credit Card from American Express, a Credit Cards House advertiser. As a cardmember, you get to choose one category to earn 3% cash back, which you can match to your business' spending habits.
Your choice is from one of eight popular categories, including:
- Car rentals purchased from select car rental companies
- Airfare purchased directly from airlines
- Purchases for shipping costs
- Hotel rooms purchased directly from hotels
- Computer hardware, software and cloud computing purchases
- Purchases made at gas stations and restaurants
- Advertising in select media
In addition to the one cashback category of your choice from the list above, you’ll also earn 5% cashback on any purchases made at office supply stores and on wireless telephone services within the United States. The 3% and 5% cash back applies to the first $50,000. After the bonus categories, and for all other purchases, cardmembers earn 1% cashback.
And the best part is that this card also has $0 annual membership fee, including additional credit cards requested for employees (see rates and fees). As an added bonus, you’ll get a special offer of a 0% introductory interest rate on purchases made within the first 15 months. After the intro period, a variable APR of 14.49%-21.49% applies (see rates and fees).
Chase Ink Business Cash® Credit Card
The Chase Ink Business Cash® Credit Card gives cardholders an unlimited 1% cash back on all purchases. Not only that, you’ll earn an extra 5% cash back on the first $25,000 spent at office supply stores and on cell phone, landline, internet and cable TV services. Plus, an additional 2% cash back will be awarded on the first $25,000 combined purchases at gas stations and restaurants.
This credit card is one of the best for business owners because you can redeem any amount of your rewards for cash, travel, or gift cards—and your points never expire. After spending $7,500 in purchases within the first 3 months of opening your account, you’ll also receive a $750 cash bonus.
Additional employee credit cards can be requested at no extra cost, and you’ll have access to a 0% introductory APR for 12 months on purchases. After the intro period, a variable APR of 17.49%-23.49% applies. Plus, you get all this for $0 annual fee.
The Best Cash Back Business Credit Cards
As a business owner you want to get the most bang for your buck, and this applies to choosing the best cash back business credit card. You’re going to swipe your card anyway, so why not make the most of it with bonus cash back rewards and perks? Use this guide to help you decide what business credit card is the best for you and how you can use it to serve your small business needs.
Rates & Fees: For rates and fees of the SimplyCash® Plus Business Credit Card from American Express, click here
First published , last updated
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.