8 Best Business Credit Cards with Cash Back

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Credit card issuers compete for your business. One of the easiest ways to do this is to offer cashback cards.

Small business owners love them for their simplicity. Put qualifying purchases on the card, pay the sick and earn money. Use cash back as a statement credit, which can help you reduce spending.

What are cash back credit cards?

Cards that offer cash back use percentages to calculate the amount.

For example, let’s say the business owner has a card that offers 2% cash back. During a billing cycle, the card is used for $2,000 in purchases. When the bill arrives, the owner pays off the $2,000, earning him $40 in cash towards future business expenses.

The amount on the business card account can be used as a cash back credit on the next bill. With some cards it can be used as bonus rewards, or it can be set to be automatically credited on subsequent bills.

Why You Should Consider Cash Back Business Credit Cards

  1. Simplicity – This is a percentage that you can easily calculate. There are no complicated cash rewards programs to follow. You can set up an automatic statement credit.
  2. With many of these cards, there is no annual fee.
  3. Many cash back cards also have an introductory APR of 0%. Combine that with no annual fee, and it will help you save money.
  4. You can earn cash back on qualifying purchases. Qualifying purchases may be limited to business purchases at office supply stores or may include other qualifying purchases such as advertising purchases or Internet cable and phone service.
  5. Since the cards are for businesses, you won’t find any foreign transaction fees. Since foreign transaction fees can be as high as 3%, this represents significant savings.

If you are asking what are business credit cards or why should I get a business credit card. Make sure you are well informed before applying. Many resources are available online.

Can you find small business credit cards that are a perfect fit? We’ve made it easy for you by researching the best cash back cards:

Best cash back credit cards for business

1. Ink Business Cash® credit card

If your combined purchases hit the right categories, you can earn a whopping 5% cash back with the Ink Business Cash Credit Card: Cash Back | Hunt.

  • Repayment rate : This card earns you 5% cash back on up to $25,000 spent on combined purchases from account opening. The $25,000 spent on purchases combined must be office supply, internet/cable, and phone stores. What about other purchases? As part of Chase Ultimate Rewards, you will also receive $750 in cash after spending $7,500 within the first 3 months of account opening; you can earn the $750 again if you spend $7,500 in the next 3 months.
  • Annual fee: $0
  • APR: 0% for the first 12 months, then 13.24-19.24% variable after the anniversary year of the account.

2. Ink Business Unlimited Credit Cash Back Credit Card

If most of your expenses, such as office supplies, do not meet the specifications of the Ink biz cash credit card, consider the Ink Business Unlimited Cash Back card. You’ll get the same $750 cash back on $7,500 (twice) from account opening, plus unlimited 1.5% cash back on all purchases.

  • Repayment rate : 1.5% unlimited
  • Annual fees: $0
  • APR: 0% for 12 months, then 13.24-19.24% after the account’s anniversary year.

3. Learn about IT

If your business expenses include a lot of gas station purchases, the Discover IT is a good choice. You will get 5% discount on your purchases at gas stations.

  • Repayment rate : You will get 5% back on gas purchases and also 5% on Amazon purchases. If you make a purchase and choose the Discover IT Small Business Credit Card instead of Pay Pal, you will earn 5% on that purchase.
  • Annual fees: $0
  • APR: 11.99 to 22.99%

4. American Express Blue Business Cash Card

You can earn 2% cash back on up to $50,000 with this Blue Business Cash Card business card rewards program from American Express. You will get free employee cards and spending on these cards will also get the 2% back. You can set a different credit limit on each employee card.

You’ll get a $250 credit after spending $5,000 in 6 months, and you’ll get the same $250 credit if you spend $5,000 in the next 6 months.

  • Repayment rate : 2%
  • Annual fees: $0
  • APR: 13.24 to 19.24%

5. US Bank Corporate Platinum Card

US Bank Business Platinum’s percentage rate of pay is only 1.5%, but look at it this way: you’ll pay zero interest for 20 billing cycles. This can result in significant savings, especially on balance transfers. Also, with a good payment history, you will be eligible for the low APR of 11.99.

  • Repayment rate : 1.5%
  • Annual fees: $0
  • APR: 0% for 20 billing cycles, then 11.99-20.99%

6. US Bank Triple Cash Rewards Mastercard Credit Card

Do you use electric vehicles? You’ll pay no interest for 15 billing cycles and you’ll earn 3% cash back trade credit on purchases at Gas Stations and Gas Stations. You’ll earn the 3% on office supply purchases, phone charges, and restaurant tabs. If you spend $4,500 in 150 days, $500 will be subtracted from your bill.

  • Repayment rate : 3%
  • Annual fees: $0
  • APR: 0% for 15 billing cycles, then 13.99-22.99%

7. Amazon Business Preferred Credit Card

It’s true that you can buy almost anything on Amazon. When you shop on Amazon with the Amazon Business Preferred Card, you earn 5% back. You’ll also earn 2% back at restaurants. As a sign-up bonus, you will receive a $125 Amazon gift card.

  • Repayment rate : 5%
  • Annual fees: $0
  • APR: 14.24-22.24%

8. Bank of America Business Advantage Cash Rewards

You can earn 3% on up to $50,000 in purchases with the Bank of America Business Advantage card. You can choose a category (such as gasoline or crafting supplies) to use for the $50,000.

  • Repayment rate : 3%
  • Annual fees: $0
  • APR: 12.24-22.24%

What is the best business credit card for cashback?

The best cash back business cards for your business are ones that reimburse you for how you spend. Do you have a large fleet? Do you buy a lot of crafting supplies? Do you receive customers?

If your main expense is gas, you can choose Amazon Business Preferred or Discover IT for the 5% return. With the Amazon card, you’ll get a 2% discount on catering costs.

If your purchases are more general, you can get 5% back on combined purchases up to $25,000 with the Ink Biz Cash credit card. The good news is that there are many types of credit cards to choose from, so take your time and research the market thoroughly.

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