The Best Cash-Back Business Credit Cards [2024]
Make sure you’re maximizing your business’s spending by using the best cash-back business cards on the market!
As a business owner, you know the importance of managing your expenses effectively while maximizing your rewards, and business credit cards are an incredibly valuable tool that can help you achieve both goals!
While there are a variety of different rewards you can earn for your spending (including both cash-back and points), one of the most sought-after benefits of business credit cards is the opportunity to earn straight cash back on your purchases, making everything you buy effectively cheaper. These cards offer the opportunity to earn a percentage of every purchase made, which can be a significant advantage for businesses looking to maximize their spending with cash back.
However, several considerations need to be taken into account when choosing a cash-back business card. First and foremost, it is crucial to evaluate the specific cash-back rates offered for different spending categories—some cards may offer higher cash-back percentages for different categories, so it’s important that you get a card that has rewards that fit what you spend your money on.
Additionally, it is important to examine any annual fees associated with the card and compare them against the potential cash-back rewards to make sure you are still coming out ahead. Lastly, business cards often have special sign-on bonuses which can provide significant value to any new card you get. By carefully analyzing these considerations, businesses can select a cash-back business card that aligns with their spending habits and offers maximum value.
Our team at ETA Points has put in the research and has come up with a comprehensive list of the best business credit cards for cash back! While this list is not definitive, the following are the credit cards that we believe will give you the best return on your business spending. We are not sponsored by any of these companies and have not listed any referral bonuses, so you know we aren’t trying to bias you towards any particular cards!
Now that we have the background out of the way, let’s talk about the business cash-back business credit cards!
The Best Cash Back Business Cards
1. Capital One Spark 2% Cash Plus Business
Spark Business Card from Capital One
The Capital One Spark Business 2% Cash Plus credit card is one of the most popular business credit cards on the market, and for good reason: simple yet effective cash earning! This business card is designed for businesses that want straightforward and unlimited cash-back rewards without having to spend time worrying about maximizing any spending in any particular spending areas.
The Spark Business card offers a flat 2% cash back on all purchases, with no caps or categories to worry about; just use the card and get 2% cash back on all your purchases! The card also provides a generous sign-up bonus of a one-time cash bonus of $1,200 once you spend $30,000 in the first 3 months, and the $150 annual fee is waived for every year you spend at least $150,000 on the card. While very small businesses may not be able to reach these benefits, they can increase the card’s value even further if you’re able to take advantage of them. This is an appropriate time to mention that even though this is a business card, you can still frequently put personal expenses on it—very few business cards explicitly forbid you from putting personal expenses on them.
Overall, if you’re looking for a single card to put all the spending for your company on without having to worry about any fancy spending categories or complex rewards, the Spark Business 2% Cash Plus card is definitely the one for you. By just using the card, all your business expenses essentially become 2% cheaper: over a few years, this can save you thousands of dollars!
2. Chase Ink Business Cash
Chase Ink Business Cash Credit Card
Unlike the Spark Business card from Capital One which gives a flat return in cash back, the Chase Ink Business Cash credit card is designed to give cash back for particular types of spending! With this card, you can earn 5% cash back on office supplies, internet, cable, and phone services, and 2% cash back on payments at gas stations and restaurants. Additionally, you earn a flat 1% cash back on all other purchases.
This card is perfect for businesses that spend large amounts on brick-and-mortar purchases (e.g., office supplies, internet, phone services), with a whopping 5% cash-back for those purchases; the 2% back on gas and restaurants is a nice bonus that business owners can also use for their personal life spending! The card also offers a generous sign-up bonus of $750 bonus cash back after you spend $6,000 on purchases in the first 3 months after opening the account, and has no annual fee. One of the nicest unique features of this card is that all employee cards are free of charge but still contribute to your cash-back earnings, meaning that you earn points for every dollar spent by the company, no matter who makes the payment!
Overall, if your spending lines up with this card’s reward categories, it is one of the best business cards on the market.
3. American Express Blue Business Cash
AmEx Blue Business Cash Card
The third card on our list is the American Express Blue Business Cash credit card, which is an excellent choice for business owners who prioritize simplicity and flexibility without it being at the expense of great offers and customer service.
With this card, businesses can earn 2% cash back on all eligible purchases, up to $50,000 per year; after $50,000, purchases then earn a flat 1% cash back. As well, you can earn a $250 statement credit as a sign-on bonus after you spend $3,000 in purchases on your Card in your first 3 months. While this bonus isn’t quite as high as some of the other business cash back cards on the market, it is one of the easiest to meet; if you have a smaller business, this bonus could be extremely helpful!
This card has no annual fee and offers an incredible 0% APR on purchases for the first 12 months, allowing you to extend your payback periods and help keep your cash flow up after any big purchases you make on the card. As well, American Express is known for some of the best customer service out there, which is a great reassurance in case of any issues with your spending.
4. Amazon Business Prime Card
The Amazon Business Prime Card from American Express
The Amazon Business Prime Card is an elite card for two particular groups of businesses:
those who spend money at Amazon (e.g., dropshipping companies)
Those who heavily utilize AWS.
The Amazon Business credit card gives 5% back on purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market, 2% back on restaurants, gas stations, and wireless phone services, and 1% back on everything else. As well, you get a $125 Amazon gift card the second you’re approved for the card, with no spending required! This is a pretty incredible combination of benefits for businesses that operate within the Amazon ecosystem.
This card is also one of the easier business credit cards to be approved for, so it’s a great intro card for smaller businesses that utilize Amazon to acquire products! Whether you’re dropshipping on Amazon, hosting servers through AWS, or using Amazon in any other way, this can be a great card for you.
Summary
Cash-back is one of the most popular rewards programs for business credit cards, as it's simple to understand and implement while helping you save money on your everyday business expenses. There are a wide variety of business credit cards that are excellent for earning cash back on business purchases on the market, and we get that it can be tough to decide which one is right for you.
In this blog post, we've listed some of our favorite business cash-back cards from a variety of different banks. We recommend every single card on this list, and suggest that you look through our highlighted cards to figure out which one is the best for you based on your spending categories, income, and preferred credit card company.
Make sure to leave a comment below if you have any questions about the cards we discussed!