5 March 2024

The Top 8 Business Credit Cards That Give You Cash Back

By Ronald Smith

Today, I want to talk about something that can be pretty exciting: cash back credit cards for businesses. If you’re a business owner like me, you know how important it is to make wise financial decisions. That’s why finding a credit card that not only helps you manage your expenses but also gives you some cashback is a real win-win situation!

Now, let me introduce you to the crème de la crème of cash back business credit cards. These cards are designed to reward you for your purchases and can really make a difference in your bottom line.

First on the list is the Spark Cash for Business card. With this card, you can earn unlimited 2% cash back on all your purchases. Yes, you heard that right – unlimited! It’s like getting money back on everything you buy for your business. Pretty cool, huh?

Next up is the Ink Business Cash card. This one offers a sweet deal with 5% cash back on office supplies, internet, cable, and phone services. Plus, you can earn 2% cash back at gas stations and restaurants. That’s some serious cash back potential!

Now, let’s talk about the American Express Blue Business Cash card. It gives you a remarkable 2% cash back on all eligible purchases, up to $50,000 per calendar year. So, if you’re just starting out or have a smaller business, this card could be a great fit for you.

Moving along, we have the Capital One Spark Cash Select card. This beauty offers an unlimited 1.5% cash back on every purchase, with no annual fee. It’s perfect for those looking for straightforward rewards without any complications.

Alright, let’s not forget about the Chase Ink Business Unlimited card. This one gives you a flat 1.5% cash back on every purchase, and there’s no minimum to redeem your rewards. It’s a hassle-free way to put some money back into your business.

Now, don’t worry if you have a specific industry because the Bank of America Business Advantage Cash Rewards card has got you covered. It lets you choose one of six select categories to earn 3% cash back. Plus, you can earn 2% cash back at restaurants. It’s all about tailoring the rewards to fit your needs.

Speaking of customization, have you heard about the US Bank Business Cash Rewards World Elite Mastercard? This card lets you earn 3% cash back on eligible gas station, office supply store, and cell phone/service provider purchases. Plus, you can earn 1% cash back on all other eligible purchases. It’s like having a credit card designed just for your business needs!

Last but not least, we have the Wells Fargo Business Platinum Credit Card. With this card, you can earn 1.5% cash back on every purchase. Plus, you can take advantage of a special introductory offer where you can earn a hefty cash bonus. It’s definitely worth considering.

So there you have it – the top 8 business credit cards that give you cash back. I hope this list helps you find the perfect card for your business. Remember, making smart financial decisions is key, and these cash back credit cards can help you do just that. Happy spending!

The Top 8 Business Credit Cards That Give You Cash Back

In the competitive finance world, the best cash back business credit cards really stand out and catch the attention of many entrepreneurs. Credit card companies understand that small business owners like things to be simple and want rewards that are easy to understand.

When you use one of these cards to make valid purchases, your business can earn cash back. This means that a certain percentage of the money you spend will be returned to you as cash. You can then use this cash as a credit on your statement, which helps to decrease your overall expenses.

Now you might wonder, what exactly are these credit cards with cash back? Well, they’re a very popular financial product that gives consumers a reward for using the card. Instead of earning points or miles, you earn a percentage of your purchases back in the form of real cash.

Let me give you an example. Imagine you’re a business owner and you have a credit card that gives you 2% cash back. So, if you use this card to make $2,000 worth of purchases during a specific billing period, and then pay off that amount, you’ll earn a cash back reward of $40.

Now, how you receive this cash back can vary depending on the terms and conditions of the card. Some cards might give you a credit towards your future bills, while others might allow you to redeem the cash back for other rewards. There are even some cards that automatically deduct the cash back from your next statement.

The Top 8 Business Credit Cards That Give You Cash Back

Why I Think Business Credit Cards with Cash Back are Worth Considering

  • It’s simple – you can easily calculate the percentage of cash back you’ll receive. You don’t have to keep track of complicated cash rewards programs. Plus, you can even set up automatic statement credits.
  • Many of these cards don’t have an annual fee, so you won’t have to worry about extra costs.
  • A lot of cash back cards also offer a 0% introductory APR. When you combine that with no annual fee, it’s a great way to save money.
  • You can earn cash back on eligible purchases. These purchases may include office supplies from specific stores or other eligible expenses like advertising or internet services.
  • Since these cards are designed for businesses, you won’t have to pay any foreign transaction fees when using them abroad. This can lead to significant savings, as foreign transaction fees can be as high as 3%.

So, you’re wondering what business credit cards are and why you should get one, right? Well, let me tell you, it’s always a smart move to gather all the information you need before making any decisions. Lucky for you, there are plenty of resources online that can help!

The Top 8 Business Credit Cards That Give You Cash Back

How I Found the Best Cash Back Business Credit Cards

Did you know that cash back credit cards can actually give you a discount on every single purchase you make for your business? It’s true! But with so many options out there, it can be overwhelming to decide which one is the best fit.

  1. Rate of Cash Back Rewards
    • Importance Scale: 9/10
    • Why is this important? Well, how much cash back you earn for each purchase is a big deal. When I was choosing the best cards, I made sure to prioritize the ones that offer higher rates, especially for business expenses.
    • Special Categories for Bonus Cash Back
      • Importance Scale: 8/10
      • What else did I look for? I also kept an eye out for cards that give you extra cash back in categories that businesses usually spend a lot on, like office supplies, internet services, or travel. Those cards are definitely worth considering!
      • Sign-Up Bonuses
        • How Important: 7/10
        • Reasoning: Getting attractive sign-up bonuses can add a lot of value, especially if you spend money on normal business expenses.
        • Annual Fee
          • How Important: 8/10
          • Reasoning: I look at the annual fee and compare it to how much cash back I could earn. I want a card where the benefits are greater than the costs.
          • Introductory APR Offers
            • How Important: 6/10
            • Reasoning: Cards with introductory APR offers on purchases or balance transfers can give new businesses financial flexibility.
            • Redemption Flexibility
              • How Important: 7/10
              • When it comes to choosing a credit card, there are a few key factors that I consider important. Let me break them down for you.

                Firstly, I look at the cash back rewards. I like it when I can easily redeem my cash back and have options for how I receive it, like a statement credit or a check. This is definitely a top priority for me.

                Next, I consider the additional perks and benefits that come with the card. Things like travel insurance, extended warranties, and no foreign transaction fees can really add extra value. While not the most important factor for me, it’s still something I take into account.

                Another important aspect is the ease of use and management of the card. I prefer cards that have user-friendly online interfaces and clear account tracking. This makes it easier for me to keep tabs on my spending and manage my finances efficiently.

                Last but not least, I pay attention to the customer service and support offered by the credit card company. It’s important to me that they provide excellent customer service in case I have any questions or issues with my card. Having reliable support can really make a difference.

                Overall, these factors play a significant role in my decision-making process when choosing a credit card. By considering things like cash back rewards, additional perks, ease of use, and customer service, I can find a card that meets my needs and preferences.

                I wanna talk to you today about some important things to consider when choosing a cash back credit card. I know it can be overwhelming with so many options out there, but don’t worry, I’m here to help!

                First off, let’s talk about customer service. Now, I don’t know about you, but when I have a problem or question about my credit card, I want to be able to get help quickly and easily. That’s why it’s so important to have access to reliable customer service. They can help you with any issues related to your business transactions and make your life a whole lot easier.

                Next up, we have credit requirements and accessibility. Now, this may sound a bit boring, but it’s actually really important. We take into account the credit score requirements for approval when making our recommendations. This means that our suggestions are accessible to a wide range of businesses, not just the big guys with perfect credit.

                By considering these factors, we aim to provide businesses like yours with a comprehensive guide to choosing the best cash back credit card. We want to help you maximize your returns on everyday expenses while also enjoying additional benefits and features.

                So, next time you’re in the market for a cash back credit card, keep these things in mind. Trust me, they can make a big difference in finding the right card for you. Happy shopping!

                The Top 8 Business Credit Cards That Give You Cash Back

                Best Credit Cards that Give You Cash Back for Your Business

                Are you looking for the perfect credit card for your small business? Well, I’ve done all the hard work for you and found the best cash back cards out there:

                1. Ink Business Cash® Credit Card

                • Cashback Rate: With this card, you’ll earn a whopping 5% cash back on up to $25,000 spent on office supply stores, internet/cable, and phone purchases. And that’s not all! As part of Chase’s ultimate rewards program, you’ll also get $750 cash back when you spend $7,500 during the first 3 months from account opening. Plus, if you spend another $7,500 in the next 3 months, you can earn that $750 all over again!
                • Annual Fee: $0
                • APR: 0% for the first 12 months, and then a variable rate of 13.24-19.24% after the account anniversary year.

                2. Ink Business Unlimited Credit Cash Back Credit Card

                If you spend a lot on things like office supplies and the Ink biz cash credit card doesn’t meet your needs, you might want to consider the Ink Business Unlimited Cash Back card. With this card, you’ll get $750 cash back on $7,500 spent (twice) from the day you open your account. Plus, you’ll also earn an unlimited 1.5% cash back on all your purchases.

                • Cashback Rate: You’ll earn an unlimited 1.5% cash back on all your purchases.
                • Annual Fee: $0
                • APR: 0% for 12 months, then 13.24-19.24% after the first year.

                3. Discover IT

                • Cashback Rate: With the Discover IT small business credit card, you’ll earn 5% cash back on gas purchases and on Amazon purchases. And if you choose to pay with your Discover IT card instead of using Pay Pal for a purchase, you’ll earn 5% cash back on that too.

                4. American Express Blue Business Cash Card

                If you’re looking for a business card that rewards you, the American Express Blue Business Cash Card is a great choice. With this card, you can earn 2% cash back on up to $50,000 spent. Plus, you’ll receive free employee cards, and any expenses made using those cards will also earn you 2% back. The best part? You can set a different credit limit for each employee card. And the cherry on top? There’s no annual fee to worry about.

                • Cashback Rate: 2%
                • Annual Fee: $0
                • APR: 13.24 to 19.24%

                5. US Bank Business Platinum Card

                Let me tell you about the cash earnings rate for the US Bank Business Platinum. It’s a modest 1.5%, but here’s the exciting part – you won’t have to pay any interest for 20 billing cycles! This can lead to significant savings, especially if you’re looking to transfer balances. And if you have a good payment history, you’ll even qualify for a low 11.99% APR.

                • Cashback Rate: 1.5%
                • Annual Fee: $0
                • APR: 0% for 20 billing cycles, then 11.99-20.99%

                6. US Bank Triple Cash Rewards Mastercard Credit Card

                • Cashback Rate: 3%
                • Annual Fee: $0
                • APR: 0% for 15 billing cycles, then 13.99-22.99%

                7. Amazon Business Preferred Credit Card

                • Cashback Rate: 5%
                • Annual Fee: $0
                • APR: I would like to present to you the APR range of two credit cards for your consideration. The APR stands for Annual Percentage Rate, which is the interest rate charged on credit card balances. It’s important to know the APR before choosing a credit card because it can affect the cost of borrowing money. For the first credit card, the APR range is 14.24-22.24%. And for the second credit card, the APR range is 12.24-22.24%. Please keep in mind that the APR you receive may vary based on your creditworthiness.

                8. Bank of America Business Advantage Cash Rewards

                • Cashback Rate: Let me tell you about a credit card called Bank of America Business Advantage Cash Rewards. With this card, you can earn cashback on your purchases. The cashback rate is 3%, which means for every dollar you spend, you will get 3 cents back as cash rewards. It’s a great way to earn some money while using your credit card.
                • Annual Fee: One important factor to consider when choosing a credit card is the annual fee. Luckily, with Bank of America Business Advantage Cash Rewards, there is no annual fee. That means you don’t have to pay any extra money just for having the card. It’s a nice perk that can save you some cash.
                • APR: In addition to the cashback rate and annual fee, it’s essential to know the APR for this credit card. As mentioned earlier, the APR range for Bank of America Business Advantage Cash Rewards is 12.24-22.24%. This means that if you carry a balance on your card, the interest rate applied will fall within this range. It’s important to manage your balance wisely to avoid high interest charges.

                The Top 8 Business Credit Cards That Give You Cash Back

                The Coolest Business Credit Cards That Give You Money Back!

                Hey there, let me break it down for you: if you’re looking for the best cash back business credit cards, you’ve come to the right place. Just take a peek at this handy-dandy table below – it’s got all the deets you need. I’m talking cashback rates, annual fees, APRs, and even a little extra something about each card. So sit back, relax, and let’s dive in!

                The Top 8 Business Credit Cards That Give You Cash Back

                What’s the best business credit card for cashback?

                Figuring out the best cashback business credit card depends on how your business spends money and what it needs.

                If your business relies heavily on transportation or shipping, you might want a card that gives you a lot of cashback on gas. The Amazon Business Preferred or the Discover IT cards are great options because they offer a high 5% cashback rate on fuel.

                But if your business often entertains clients and dines out, the Amazon card has an extra perk. It gives you 2% cashback on dining expenses, making it a good choice for those situations.

                On the other hand, if your business spends money in various ways, a more flexible option like the Ink Biz Cash credit card might be a better fit. It gives you a generous 5% cashback on a combination of purchases, up to a maximum of $25,000.

                When you know what your business needs and how much it costs, you can find a cashback card that fits well and gives you the most rewards.

                Here’s the good part – you have plenty of credit card options to choose from. So, take your time and do your research to find the one that’s just right for you.