Top Business Rewards Credit Cards Offering Cashback Benefits
Discover the top four business credit cards offering lucrative cashback rewards, ideal for boosting your company's savings. These options include cards from Capital One, American Express, and Bank of America, each tailored to different business needs. Benefits encompass sign-up bonuses, flexible reward redemption, no annual fees, and special features like extended credit, foreign transaction discounts, and bonuses for loyal customers. Choosing the right card can enhance your business's financial efficiency and reward earnings, making it an essential tool for smart business expense management.
Leading Business Credit Cards with Cashback Rewards
Cashback incentives are highly sought after, whether for personal or business expenses. For businesses, credit cards that provide cashback rewards can significantly boost savings. Each card offers unique perks, rewards, and potential disadvantages. Selecting the right business credit card depends on factors like your company's spending habits and specific needs. It’s also essential to review features such as annual fees, APR, sign-up bonuses, foreign transaction costs, and employee card privileges to make an informed choice.
Designed for earning rewards efficiently, the Capital One Spark Cash offers a straightforward reward system—2% cash back on all purchases. Rewards never expire, with no minimum redemption requirements or upper earning limits. New cardholders can enjoy a $500 bonus after spending $4,500 in the first three months. Employee cards are free, and perks include primary rental insurance and no foreign transaction fees. A $95 annual fee applies after the first year. This card is ideal for businesses seeking substantial cashback on all purchases.
If your business has excellent credit scores, this card suits you well, especially if your expenses include telecom, internet, and office supplies. It offers 0% intro APR for 12 months, with a $500 bonus after spending $3,000 within three months. You earn 5% cashback on combined office and communication expenses ($25,000 annual cap) and 5% at restaurants and gas stations each year on account anniversary. It charges no annual fee, with a balance transfer fee of 5% or $5.
A popular choice for cashback, this no-annual-fee card allows earning 1% to 5% back on purchases. It provides a 15-month 0% interest period for new purchases, though regular APR ranges from 14.49% to 21.49% based on creditworthiness. A 2.7% foreign transaction fee applies. Spending over $50,000 on U.S. wireless services qualifies for a 5% cashback. It also offers “Extended Buying Power” to spend beyond your limit, earning cashback on those expenses.
This card is tailored for Bank of America Business Advantage clients. It has no annual fee and offers 2% cashback on restaurant and dining purchases on the first $50,000 annually, then 1%. It also provides 3% cashback on gas or other selected categories like tech, travel, or consulting. A $300 statement credit is available with a $3,000 initial spend within 90 days. Loyalty can be rewarded with up to 75% bonus rewards for loyal customers with linked accounts and substantial average balances.
