Are you a business owner looking for the best business credit cards to maximize your cash back rewards? Look no further! We at Flik Eco have done the research and compiled an easy-to-understand guide to help you make the most out of your business spending. Keep reading to discover our top picks and in-depth analysis of the best cashback business credit cards available, so you can start maximizing your rewards today!
Best Business Credit Cards For Cash Back Table of Contents
1. The American Express Blue Business Cash Card
1. The American Express Blue Business Cash Card
Key Features:
- No annual fee
- 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%
- 0% introductory APR on purchases for 12 months
- Expanded Buying Power, which allows you to spend above your credit limit without penalty
- Free employee cards
Why We Love It:
The American Express Blue Business Cash Card is our top pick for small businesses owners looking for a simple, straightforward cash back card with no annual fee. The 2% cash back rate on eligible purchases up to $50,000 per year is very competitive, and the flexibility of the Expanded Buying Power feature can be a game changer for businesses experiencing rapid growth and fluctuating expenses.
2. Ink Business Cash Credit Card by Chase
Key Features:
- No annual fee
- 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
- 1% cash back on all other purchases
- $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Introductory 0% APR on purchases for the first 12 months
- Free employee cards
Why We Love It:
The Ink Business Cash Credit Card stands out for the generous 5% cash back rewards on office supplies and internet, cable, and phone services. This can greatly benefit businesses that have a significant amount of spending in these categories. The card also offers a sizable sign-up bonus, making it an attractive choice for new business owners looking to maximize their initial rewards.
3. Capital One Spark Cash for Business
Key Features:
- $95 annual fee, waived for the first year
- 2% unlimited cash back on all purchases
- $500 cash bonus after spending $4,500 in the first 3 months from account opening
- Free employee cards
- No foreign transaction fees
Why We Love It:
The Capital One Spark Cash for Business card offers a simple, unlimited 2% cash back on all purchases, making it easy for business owners to earn rewards without worrying about bonus categories or spending caps. With a generous sign-up bonus and no foreign transaction fees, this card is ideal for business owners who travel internationally or conduct business abroad.
Best Business Credit Cards For Cash Back Example:
Imagine a small business owner, Sarah, who has a digital marketing agency. Her monthly expenses include office supplies, internet service, and lunches with her clients. By choosing the Ink Business Cash Credit Card, Sarah will be able to earn 5% cash back on her office supply and internet bills, and 2% cash back on her gas and restaurant expenses. Over the course of a year, Sarah could accumulate hundreds of dollars in cash back rewards that she can use to reinvest in her business or treat herself to a well-deserved vacation.
In this competitive business world, every dollar counts. With the right cash back business credit card in hand, you can make the most out of your everyday expenses and bolster your bottom line. Now that you've learned about some of the best cash back business credit cards available, you're well-equipped to make an informed decision. Go ahead, apply for one of these incredible cards and start earning cash back on your business expenses today!
If you found this article helpful, be sure to share it with your fellow entrepreneurs and business owners. And, as always, explore other guides on Flik Eco for even more personal finance and investing tips and advice.
