The start of a new fiscal year provides the perfect opportunity to improve on the way things were done last year. Fine-tuning your financial management is usually a good place to start and one of the first steps will be selecting the right credit card for your business.
Our Best-Rated Cash Back Credit Cards For Business
|Best For||Credit Card|
|No Annual Fee||American Express® Blue Business Cash Card|
|Bonus||Capital One® Spark® Cash for Business|
|Low Intro Purchase APR||Capital One® Spark® Cash Select for Business|
|Average Credit||Capital One® Spark® Classic for Business|
If you carry balances on other business accounts, you could save a lot of money by consolidating your debt on a credit card with a 0% APR for balance transfers. Another way to save on business spending is by using a credit card that lets you earn cash back on all your business purchases.
American Express® Blue Business Cash Card. This cash back business credit card lets you earn 2% cash back on up to $50,000 spent in on eligible purchases each calendar year, and 1% thereafter. The cash back you earn is credited to your statement automatically, saving you the hassle of redeeming cash back. Terms and limitations apply. No annual fee ( See Rates & Fees).
Capital One® Spark® Cash for Business is a solid cash back credit card for businesses which lets you earn 2% cash back for every purchase you make. If your expenses are distributed over many different categories, or if you spend a lot, then the 2% unlimited cash back you can earn with this card could make it a good choice for your business. Cash back does not expire. Earn a one-time $500 cash bonus after making $4,500 worth of purchases with your card within 3 months from account opening. You get a $0 intro annual fee for the first year, $95 after that.
Learn more in our Capital One® Spark® Cash for Business review.
Capital One® Spark® Cash Select for Business lets you earn a one-time $200 bonus after you spend $3,000 on purchases within 3 months from account opening. Earn unlimited 1.5% cash back on all your business purchases! Cash back does not expire and you can redeem it when you choose. Benefit from a 0% intro APR on purchases for 9 months, after that a 14.74% - 22.74% variable APR. This card has a $0 annual fee and you can get employee credit cards with no annual fee as well.
Find out more in our Capital One® Spark® Cash Select for Business review.
Capital One® Spark® Classic for Business. This is our highest rated business credit card for average credit. If you can't get a card that requires excellent credit, or don't want to risk having your application rejected, then this card is a good solution for your business. You get most of the same business benefits that you get with other Capital One Spark cards, and you earn unlimited 1% cash back on every purchase you make. Benefits include free employee cards, quarterly and year end expense summaries and downloadable purchase records in various formats including Quicken®, QuickBooksTM and Excel® make this a very useful card for tracking business expenses, $0 fraud liability (if your card is stolen or lost), and chip technology. Using this card responsibly will help you build business credit. Make sure to pay in full every month, so you don't have to worry about the 24.74% variable APR. This useful business cash back credit card has a $0 annual fee.
Read our Capital One® Spark® Classic for Business review here.
How we rate business cash back credit cards
Cash back credit cards for business are rated by GET.com staff based on the total cash back your business can earn using them each year. We also take into account other benefits like business tools and benefits, insurance coverage and purchase benefits, travel privileges and security features. The annual fee, APR ( and intro APR periods) foreign transaction fees, and other card fees are also taken into account. Flexibility in the way that cash back is earned and redeemed is also important, as is flexibility in how and where you can use the card. Our goal at GET.com is to provide a rating that accurately reflects the benefits that a card offers in relation to its cost.