Get the Best Cash Back Business Credit Cards
Are you looking for the best cash back business credit cards? We inspected a number of corporate credit cards. So here are our favorites.
According to the SBA, company credit card limits are 10 – 100 times those of personal cards! This shows you can get a lot more money with corporate credit.
And it also means you can have personal credit cards at stores. So you would now have an alternate card at the same stores for your business.
And you won’t have to put up collateral, cash flow, or financial information in order to get business credit. These are the best business credit cards for cash back.
The Best Cash Back Business Credit Cards: Card Benefits
Benefits vary. So be sure to choose the advantage you prefer from this array of options.
The Best Cash Back Business Credit Cards: Cards for Cash Back
Take a look at the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, with no limits. New cardholders can also get a $200 cash bonus. But this is as soon as they spend $3,000 on new purchases. And it is during the first three months of account opening.
New customers also get initial APR of 0%. But this is on purchases for nine months. Also, there is no annual fee.
Get it here: https://www.capitalone.com/small-business/credit-cards/spark-cash-select/
Bank of America Business Advantage Cash Rewards MasterCard Credit Card
Also, take a look at the Bank of America Business Advantage Cash Rewards MasterCard Credit Card. With it, you can get a $200 statement credit after $500 in purchases. But this is within 60 days of account opening.
And you also get 3% cash back on purchases at filling stations and office supply stores. So this is as much as $250,000 annually.
And you get 2% cash back on purchases at restaurants. Also get 1% cash back on all purchases. So there is no annual fee. It is available to applicants with exceptional credit. But you can only redeem your cash back in $25 increments.
Get it here: https://www.bankofamerica.com/smallbusiness/credit-cards/products/cash-rewards-business-credit-card/
Alternatives
Let’s look at some alternatives to cash back business credit cards.
The Best Cash Back Business Credit Cards: Business Credit Cards with 0% APR
For a 0% APR period, we prefer the Ink Business Cash ℠ Credit Card. So you pay no annual fee. It’s got an interest-free time period.
It has flexible cash-back rewards. There are spending limits for employees. But you will need to have a credit score of 690 or higher.
Get it here: https://creditcards.chase.com/credit-cards/small-business/ink-cash
Blue Business ℠ Plus Credit Card from American Express
For an introductory 0% APR time period, we also prefer the Blue Business ℠ Plus Credit Card from American Express. It has an introductory 0% APR for fifteen Months.
And you can earn double points on typical business purchases. But this is up to annual limit.
The normal APR is 12.24% – 20.24%. So this APR is variable.
Get it here: https://creditcard.americanexpress.com/blue/
The Best Cash Back Business Credit Cards: Small Business Credit Cards for Travel Points
For Travel Points, we have a preference for the Gold Delta SkyMiles Business Credit Card from American Express. Get 30,000 bonus miles. But this is after you make $1,000 in purchases on your new card within your first three months.
Terms and limitations apply. In addition earn a $50 statement credit. But this is after you make a Delta purchase with your new card. And it is during your first three months.
Earn two miles per dollar spent on purchases. But these must be made directly with Delta. And earn one mile on each qualified dollar spent on purchases.
Get it here: https://www.americanexpress.com/us/small-business/credit-cards/gold-delta-skymiles/44279
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The Best Cash Back Business Credit Cards: Cards for Rewards
Have a look at the Business Gold Rewards Card from American Express OPEN.
You can earn 50,000 Membership Rewards points. But this is after $5,000 in purchases on the card. And it is during the first three months.
Also, you get three points on your choice of five categories. And you get two times the points on the other categories. Also, get one point per dollar on all other purchases.
It has a $0 annual fee for the first year. But then your yearly fee increases to $175.
Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-gold-rewards
The Best Cash Back Business Credit Cards: Low APR/Balance Transfers Business Credit Cards
For Low APR/Balance Transfers Business Credit Cards, we prefer the U.S. Bank Business Edge Platinum. You start with twelve months of 0% APR financing on new purchases and balance transfers.
But there is a 3% balance transfer cost. After that, the purchase APR is a variable 10.49% – 18.49%. So this depends upon creditworthiness.
So there is no annual fee. This card is only on offer to those with great or exceptional credit. But there is no rewards program for purchases.
Get it here: https://www.usbankedge.com/credit/business-edge-platinum.do
Blue Business Plus Credit Card from American Express
Also, take a look at the Blue Business Plus Credit Card from American Express. It has a fifteen month initial 0% APR offer. There is no yearly fee. Right now corporations can earn double points on the initial $50,000 in purchases yearly.
Get it here: https://creditcard.americanexpress.com/blue/
The Best Cash Back Business Credit Cards: Cards for Fair Credit
For Fair Credit, we are partial to the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. But you will need a credit score of 690 or better. KEEP IN MIND: the ongoing APR is 23.99% variable APR.
Get it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/
The Best Cash Back Business Credit Cards: Credit Builder Small Business Credit Cards
Check out the Wells Fargo Business Secured Credit Card. It allows cardholders to obtain a credit limit of $500 – $25,000. The amount available is the same as the amount of cash you offer to secure the line. So your purchase APR rate can be as low as a variable 13.15%.
The yearly fee is $25. But the more cards you have the higher your annual fee is going to be.
This card allows business owners with poor personal credit to get a card to make purchases and develop business credit. But the card will only report to the personal credit bureaus if you default or are overdue on payments.
Get it here: https://www.wellsfargo.com/biz/business-credit/credit-cards/secured-card/
Your Best Cash Back Business Credit Cards
Your best company credit cards are based upon your credit history and scores. Only you can determine which perks you want and need. So be sure to do your due diligence.
And, as always, make certain to build credit in the right order for the highest, fastest benefits.
Check out how this will help your company get the best cash back business credit cards.
