Editor’s note: This is a recurring post with regularly updated card details.
Associated Bank Visa® Business Cash Preferred Credit Card is a cash back business credit card with no annual fee and a 0% annual percentage rate (APR) period on both purchases and balance transfers. It also offers other perks, including an easy welcome bonus, annual software credit, and Visa benefits. While you can earn unlimited rewards, you only have five years to redeem them for cash back.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Associated Bank Visa® Business Cash Preferred Credit Card
BEST FOR:
Those who travel frequently
Intro APR
0%
Regular APR
19.24% to 28.24 variable
Annual Fee
$0
Credit Needed
Good
- Unlimited 3% cash back on eligible purchases at gas stations, cellphone service providers, office supply stores, and dining (takeout and food delivery service providers), with no caps or limits on the cash back you can earn
- Unlimited 1% cash back on all other eligible purchases, with no caps or limits on the cash back you can earn
- $100 annual software credit after spending on software subscriptions for 11 consecutive months
Pros
- With introductory APR on purchases and balance transfers
- Earn unlimited rewards
- No annual fee
Cons
- Short intro APR duration vs other cards
- Need to redeem cards within five years
- Online reporting with spend analysis: A free online tool that can help small businesses review credit card spending on a monthly, quarterly, annual, or year-to-date (YTD) basis
- Fraud protection: Associated Bank notifies you of any unusual card activity and also comes with zero fraud liability, which protects you from fraudulent use of your card or account information in the event it’s lost or stolen.
- Auto rental collision damage waiver: You’re eligible for auto rental collision damage waiver insurance when you charge your entire car rental to your Visa business card.
- Extended warranty and purchase protection: Doubles the manufacturer’s warranty on purchases made with your card.
Intro APR
0%
Regular APR
19.24% to 28.24 variable
Annual Fee
$0
Credit Needed
Good
- Unlimited 3% cash back on eligible purchases at gas stations, cellphone service providers, office supply stores, and dining (takeout and food delivery service providers), with no caps or limits on the cash back you can earn
- Unlimited 1% cash back on all other eligible purchases, with no caps or limits on the cash back you can earn
- $100 annual software credit after spending on software subscriptions for 11 consecutive months
Pros
- With introductory APR on purchases and balance transfers
- Earn unlimited rewards
- No annual fee
Cons
- Short intro APR duration vs other cards
- Need to redeem cards within five years
- Online reporting with spend analysis: A free online tool that can help small businesses review credit card spending on a monthly, quarterly, annual, or year-to-date (YTD) basis
- Fraud protection: Associated Bank notifies you of any unusual card activity and also comes with zero fraud liability, which protects you from fraudulent use of your card or account information in the event it’s lost or stolen.
- Auto rental collision damage waiver: You’re eligible for auto rental collision damage waiver insurance when you charge your entire car rental to your Visa business card.
- Extended warranty and purchase protection: Doubles the manufacturer’s warranty on purchases made with your card.
When grading cash back business credit cards like the Associated Bank Visa® Business Cash Preferred Credit Card, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing APRs, other fees, and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 25 |
Introductory Rewards | 8 | 25 |
Annual Fee | 10 | 10 |
Additional Features | 8 | 10 |
Introductory APR | 5 | 10 |
Ongoing APR | 10 | 10 |
Other Fees | 7 | 10 |
Total | 68 | 100 |
When grading cash back business credit cards like the Associated Bank Visa® Business Cash Preferred Credit Card, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing APRs, other fees, and other card benefits.
Who the Associated Bank Visa® Business Cash Preferred Credit Card Is Best For
- Business owners with substantial expenses on gas and electric vehicle (EV) charging: You can earn 3% cash back on eligible purchases at gas EV charging stations.
- New businesses needing to build business credit: There is no minimum time in business requirement to qualify for the card, which makes it a great option for new businesses.
- Businesses with software subscriptions: You’ll receive a $100 annual software credit after paying for a subscription for 11 consecutive months.
If this card doesn’t fit your business needs, see our recommended alternatives below.
Associated Bank Visa® Business Cash Preferred Credit Card Rewards
- $25 cash back bonus after making your first purchase
- 3% cash back on eligible purchases at EV charging and gas stations, cellphone service providers, office supply stores, and restaurants
- 1% cash back on all other eligible purchases
- $100 annual software credit after spending on subscriptions for 11 consecutive months
Associated Bank Visa® Business Cash Preferred Credit Card Rewards Calculator
Find out how much cash back you can earn from Associated Bank Visa® Business Cash Preferred Credit Card by using our cash back calculator, which figures your potential rewards based on your projected monthly expenses. Simply input your anticipated expenses per expense category, and our calculator will do the rest.
How To Redeem Rewards
You may redeem your cash back as a statement credit, a deposit into another account, or a rewards card. The minimum redemption is $25 and must be in increments of $25. You can also enroll in Real-Time Rewards to easily redeem cash rewards for purchases made with your card or use them for Pay with Rewards with PayPal. You have five years to redeem cash back before it expires. You can call the Rewards Center at (888) 229-8864 or visit the Rewards Center at www.myaccountaccess.com to redeem rewards.
Associated Bank Visa® Business Cash Preferred Credit Card Features
Security
- Zero fraud liability: If your card is stolen or lost, you are protected from fraudulent transactions and will not be held responsible for unauthorized purchases.
- Verified by Visa: You will have a personal password while shopping online with participating merchants when you register your card for Verified by Visa.
- Fraud protection: Associated Bank will monitor your activities and will notify you immediately if there are suspicious transactions to prevent fraud.
Protection Coverage
- Extended warranty: This will double the manufacturer’s warranty on purchases made with your card when you meet the terms and conditions.
- Purchase protection: New purchases are protected for 90 days against damage and theft.
- Auto rental collision damage waiver insurance: When you charge your entire rental service on your card and decline the rental company’s collision damage waiver option, you are covered for damage due to collision or theft.
- Travel and emergency assistance: You can call the 24-hour Visa Assistance Center at (800) VISA-911 for assistance on emergency card replacement, medical and legal referrals, and transportation or to report a lost or stolen card.
Other Features
- Free online reporting with spend analysis: This online tool lets you review credit card spending on a monthly, quarterly, annual, or year-to-date (YTD) basis, monitor your spending, and download reports with up to 36 months of data available.
- Special discounts with Visa SavingsEdge: No need for coupons to take advantage of special discounts—plus, discounts will be credited to your billing statement.
Associated Bank Visa® Business Cash Preferred Credit Card Fees
APR
- Introductory on purchases: 0% for the first six billing cycles after opening an account
- Introductory on balance transfers: 0% for the first six billing cycles for balances transferred within 186 days from account opening
- Ongoing on purchases and balance transfers: 19.24% to 28.24% variable, which will adjust with the prime rate
- Cash advance: 29.99% variable, which will adjust with the prime rate
- Penalty: 28.99% to 32.49% variable, which will adjust with the prime rate—will be applied to your account if you:
- Make payments five calendar days late twice or 30 calendar days once
- Make a returned payment
- Exceed your credit limit twice in 12 consecutive months
Penalty APR will apply until you make six consecutive minimum payments when due and not exceed your credit limit.
Fees
- Annual: $0
- Balance transfer: Either $5 or 3% of the amount transferred, whichever is higher
- Foreign transaction: Either 2% of each foreign transaction in United States dollars (USD) or 3% of each foreign transaction in a foreign currency
- Cash advance, cash equivalent advance, and cash advance ATM: Either $10 or 4% of the amount of each transaction, whichever is greater
- Late payment:
- $19 on balances up to $100
- $29 on balances from $100 up to $250
- $39 on balances of $250 or more
- Returned payment: $35
- Overlimit: $39
Your due date is within 24 to 30 days after the close of each billing cycle.
How To Make Payments
- Auto Pay: Set up an automatic monthly withdrawal to pay your bills directly from a checking or savings account.
- Phone: Use any touch-up phone and call (866) 552-8855 to make payments.
- Online: Log in to your account at www.myaccountaccess.com to pay your bills online.
When To Consider Associated Bank Visa® Business Cash Preferred Credit Card Alternatives
You Want a Longer 0% APR Period
While the Associated Bank Visa® Business Cash Preferred Credit Card offers an interest-free financing option on both balance transfers and purchase transactions for the first six billing cycles, this period is short compared to what other business credit cards offer. If you plan to make a large purchase or consolidate your debt from another credit card, you’ll benefit more from U.S. Bank Triple Cash Rewards World Elite Mastercard®.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Comes with a 0% APR period on both balance transfers and purchases for the first 15 billing cycles
- Has no annual fee
- Lets you earn up to 5% cash back and your rewards don’t expire as long as your account remains open and in good standing
- Offers a $500 welcome bonus and $100 annual software statement credit when you meet the spending requirements
Its long interest-free financing period and generous rewards are few of the reasons why it is part of our roundup for the best 0% APR business credit cards. If you want to see other options from U.S. Bank, check out our guide to the leading U.S. Bank business credit cards.
You Prefer to Earn Travel Rewards That Don’t Expire
The Associated Bank Visa® Business Cash Preferred Credit Card lets you earn unlimited cash back rewards with limited redemption options. If you want to use your rewards for travel and prefer a card with reward points that don’t expire, consider the Business Advantage Travel Rewards World Mastercard®.
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
- Offers 3x points when you book your travel through the Bank of America® Travel Center and 1.5x points on other all purchases, with no caps or expiry
- Lets you earn up to 75% more points if you have a Bank of America business checking account and can qualify for Preferred Rewards for Business
- Provides 30,000 points as sign-up bonus when you meet the spending requirements
- Allows you to redeem your points for travel or travel credits, as well as statement credits, bank account deposit, or a check by mail
- Charges no annual and foreign transaction fees
- Comes with 0% APR on purchases for nine billing cycles
It is one of our leading business credit cards for travel because of its interest-free financing offer, low fees, and lucrative rewards. If you want to see more options from this issuer, check out our top Bank of America business credit cards.
You Want To Earn Fixed-rate Rewards With Flexible Credit Limits
If your business has expenses across several categories and you don’t want to keep track of your spending, it’s best to get a business credit card that offers fixed-rate cash back. Also, if your business has substantial expenses and will tend to exceed your credit limit, find a card that provides flexible limits. For this, we recommend the American Express Blue Business Cash™ Card.
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- Offers 2% cash back on the first $50,000 purchases per calendar year, then 1% cash back after the cap is met
- Credits your cash back to your statement automatically by the second billing statement after you earned the rewards
- Comes with 0% APR on purchases for the first 12 months
- Features expanded buying power, which allows you to spend over your credit limit based on your card usage, payment behavior, credit history, and financial resources
- Has no annual fee and overlimit fee
It is our top cash back business credit card because of its flexibility and straightforward rewards program. However, it does not offer a sign-up bonus. If you want to see other options from American Express, see our list of the best American Express business credit cards.
Frequently Asked Questions (FAQs)
Yes, you may add employee cards at the time of application or after the account has been approved. There are no additional costs to add employee cards, and you can set employee credit limits through the online portal. By default, the credit limit is evenly distributed among all employee cards.
You need to enroll in the Real-Time Rewards program and set your preferences. If you have sufficient cash rewards to cover a purchase that meets your Real-time Rewards criteria, you’ll receive a text asking if you want to redeem cash rewards for the purchase. Just reply, “REDEEM” to the message to complete the redemption. The cash rewards will be deducted from your rewards balance and will be credited to your monthly billing statement.
Your cash back will remain in your account for five years from the time it is earned. After the period, rewards will expire at the end of the calendar quarter, at 11:00 p.m. Central Time. Note that your cash rewards are redeemed or expire on a first-in, first-out basis.
Bottom Line
Associated Bank Visa® Business Cash Preferred Credit Card is a good option if you have software subscriptions and prefer to earn cash back rewards. Note that your rewards will expire after five years, so it’s best to redeem them as soon as you can. Also, while it offers an interest-free financing period, it is shorter compared to other business credit cards. For a wider range of options, check out our leading small business credit cards.
