6 Best Cash Back Business Credit Cards 2020

Editor’s note: This is a recurring post with regularly verified card details. Last verified on June 12, 2020.

Cash back credit cards let business owners earn and redeem rewards for statement credits—an automatic credit to your bill—and direct deposits. These rewards serve as discounts on typical business-related purchases, such as office supplies, gas fill-ups, and restaurants. The best options pay return rates up to 5% and offer welcome offers worth several hundreds of dollars.

The best cash back business credit cards are:

Chase Ink Business Cash^SM: (Best overall) Best for up to 5% cash back in common business categories like office supplies
U.S. Bank Business Cash Rewards World Elite™ MasterCard®: Best for 0% annual percentage rate (APR) for 15 billing cycles
Capital One® Spark® Cash for Business: Best for unlimited fixed-rate rewards with no spending cap
Bank of America® Business Advantage Cash Rewards Mastercard®: Best for earning cash back rewards in the category of your choice
Chase Ink Business Unlimited^SM: Best for large welcome bonus and no annual fee
American Express Blue Business Cash^TM: Best for earning the highest fixed-rate rewards with no annual fee

For details on how we evaluated business credit cards for this list, see our methodology.

Chase Ink Business Cash^SM: Overall Best Cash Back Business Credit Card

Ink Business Cash℠ Credit Card

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On Chase's Secure Website

Fit Small Business Review

Rating 5 5

Best For: Office-based businesses that want top cash back rewards

Intro APR ^?0% APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases	13.24% - 19.24% Variable	$0	Good - Excellent

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
Earn 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
Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
Earn 1% cash back on all other card purchases with no limit to the amount you can earn
0% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

Note: The information related to the ChaseInk Business Cash℠ Credit Card Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

Top rewards for office supply spending
Introductory APR on purchases
Cash sign-up bonus

Cons

0% APR doesn’t apply to balance transfers
High balance transfer fee of 5%
Designed mainly for office-oriented companies

Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
Extended warranty protection: Extends the time period of the U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less.

Why we like it: The Chase Ink Business Cash^SMis the best cash back business credit card because it offers peak rewards on the most popular business expense—office supplies. Business owners looking to finance office-related expenses and earn a hefty sign-up bonus typically find this card beneficial. Plus, in addition to its top rewards, you’ll have access to a 12-month introductory 0% APR period on purchases.

This card earns the highest rewards rate on our list, with up to 5% cash back on office supplies and cable, phone, and internet services. Additionally, its second-tier rewards are lucrative for owners who apply a good chunk of their monthly purchases toward client lunches or driving for work. You’ll earn 2% cash back on restaurant and gas purchases—however, Chase caps each reward category at $25,000 in annual spending.

U.S. Bank Business Cash Rewards World Elite^TM MasterCard®: Best for 0% APR for 15 Billing Cycles

U.S. Bank Business Cash Rewards World Elite™ Mastercard®

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On US Bank's Secure Website

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Fit Small Business Review

Rating 4 4

Best For: 0% APR for 15 Billing Cycles

Intro APR ^?0% APR for 15 billing cycles on purchases and balance transfers	Regular APR	Annual Fee	Credit Needed
0%*	11.99% - 22.99% Variable	$0*	Excellent

Earn a new cardmember bonus of $500 after you spend $4,500 in eligible net purchases on your card within the first 150 days of account opening
0% Intro APR on purchases for the first 15 billing cycles. After that variable APR currently 11.99% - 22.99%
3% cash back on eligible gas station, office supply store and cell phone/service provider net purchases
1% cash back on other eligible net purchases
No limit on total rewards and they never expire!
Plus, a 25% Annual Cash Rewards bonus, up to $250
No annual fee*
Net purchases are purchases minus credits and returns

Pros

A 0% APR period on purchases on balance transfers
25% annual cash rewards bonus

Cons

Small introductory bonus offer
Balance transfer fee

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.

Why we like it: The U.S. Bank Business Cash Rewards World Elite^TM MasterCard® ranks high because it offers the longest no-interest financing period. Use this card’s lengthy 15-billing cycle 0% APR period to make purchases and consolidate debt from other high-debt credit cards.

This card is also great for receiving 3% cash back on business expenses while earning an introductory bonus that rivals only two other cards on our list. Plus, you’ll get 150 days to earn this card’s cash sign-up bonus, which is a longer window than any other card on our list.

The U.S. Bank Business Cash Rewards World Elite™ MasterCard® doesn’t cap its highest category’s earning potential like other cards and, instead, offers unlimited rewards. Additionally, cardholders get an additional 25% cash bonus on the previous year’s reward earnings—up to $250 annually.

Capital One® Spark® Cash for Business: Best for Unlimited Fixed-rate Rewards With No Spending Cap

Capital One® Spark® Cash for Business

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on Capital One® Spark® Cash for Business's secure website.

Fit Small Business Review

Rating 4 4

Best For: Earning unlimited 2% cash back

Intro APR	Regular APR	Annual Fee	Credit Needed
N/A	20.99% (Variable)	$0 intro for first year; $95 after that	Excellent, Good

Introductory reward worth $500 after you spend $4,500 within the first three months
2% cash back on every purchase
Issue employee cards for free

Pros

No limit to the amount of rewards you can earn
Lucrative welcome offer

Cons

Lacks a 0% APR offer
Annual fee is only waived for 12 months

Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Purchase protection: Covers your new purchases for up to 90 days against damage or theft up to $10,000 per claim.

Why we like it: Business expenses aren’t always consistent and, for that reason, there’s Capital One® Spark® Cash for Business. This card is useful to owners whose expense categories vary month-to-month because it allows owners who normally spend in a variety of ways to earn 2% cash back regardless of where they make purchases.

This card may offer a lower rewards return rate when compared to our top pick, but the spending flexibility on all purchases makes up for it. Plus, it comes with a robust introductory bonus that’s excellent by any standard.

Keep in mind, however, that cardholders must spend at least $1,500 a month to earn this card’s large introductory bonus. Businesses that can’t meet this minimum spending requirement should choose a business card that earns higher ongoing rewards in place of a large introductory offer.

Bank of America® Business Advantage Cash Rewards Mastercard®: Best for Rewards In the Category of Your Choice

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

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on Bank of America® Business Advantage Cash Rewards Mastercard® credit card's secure website.

Fit Small Business Review

Rating 3 3

Best For: Up to 3% cash back in a spending category of your choice

Intro APR ^?0% APR for nine billing cycles on purchases	Regular APR	Annual Fee	Credit Needed
0% 9 billing cycles	12.24% - 22.24% Variable APR on purchases	$0.00	Excellent

Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening - with no annual fee and cash rewards don't expire.
Earn 3% cash back in the category of your choice, 2% cash back on dining and unlimited 1% cash back on all other purchases.
You'll get 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
0% Introductory APR on purchases for your first 9 billing cycles.
Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account.
Get 75% more cash back on every purchase when you're a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 5.25% on your selected choice category, 3.5% on dining and unlimited 1.75% cash back on all other purchases.

Pros

Statement credit introductory bonus offer
Low ongoing APR

Cons

Highest rewards are capped at $50,000 each year
Earns top rewards in only one spending category

Bank of American does not 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.

Why we like it: With the Bank of America® Business Advantage Cash Rewards Mastercard®, you have the opportunity to choose the spending category in which you prefer to earn top rewards. For example, you can earn 3% cash back on gas, travel, telecom and wireless services, or business consulting services. The ability to choose a specific category will help you maximize your earning potential.

Plus, if you enroll in the Bank of America Preferred Rewards for Business program, you could earn even more. You’ll earn 5.25% cash back in the highest spending category, 3.5% cash back on dining, and 1.75% unlimited cash back on all other purchases if you have $100,000 in deposits with the bank or Merrill Lynch. However, this card’s ongoing rewards and welcome offer makes for a solid option, even if you don’t enroll in the bonus rewards program.

Chase Ink Business Unlimited^SM: Best for a Large Welcome Bonus & No Annual Fee

Ink Business Unlimited℠ Credit Card

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On Chase's Secure Website

Fit Small Business Review

Rating 4 4

Best For: Pocketing 1.5% cash back on every single purchase

Intro APR ^?0% APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases	13.24% - 19.24% Variable	$0	Good - Excellent

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
Earn unlimited 1.5% cash back on every purchase made for your business
0% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

Note: The information related to the Chase Ink Business Unlimited℠ Credit Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

0% APR on purchases
Unlimited cash back rewards on all purchases

Cons

Introductory APR period doesn’t apply to balance transfers
5% balance transfer fee

Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less

Why we like it: Business owners who love consistency will appreciate the fixed-rate 1.5% cash back rewards that Chase Ink Business Unlimited^SM earns on all purchases. Unlike the Chase Ink Business Cash^SM card, our top pick, owners can earn cash back without tracking categories—but at the cost of a slightly lower rewards rate. This card also offers a generous introductory bonus that makes it well worth it.

However, that introductory bonus offer requires at least $3,000 worth of purchases in the first three months. If your expenses run $1,000 or more a month, you won’t have any issues earning it. In addition, you’ll get a 12-month 0% APR period to make paying down eligible purchases that much easier.

American Express Blue Business Cash^TM Card: Best for Earning the Highest Fixed-rate Rewards With No Annual Fee

American Express Blue Business Cash™ Card

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on American Express Blue Business Cash™ Card's secure website.

See Rates and Fees

Fit Small Business Review

Rating 3.5 3.5

Best For: Earning 2% cash back every time you swipe and 0% introductory APR for 12 months

Intro APR ^?0% introductory APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% on purchases	13.24% - 19.24% Variable	No annual fee	Good, Excellent

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.
0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.24% - 19.24%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

Pros

No interest for 12 months
Earn consistent 2% cash back rewards on every purchase

Cons

Offers no cash sign-up bonus
2% cash back category is capped at $50,000 in annual spending

Extended warranty protection: American Express provides up to an additional year of coverage on warranties of up to five years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Baggage insurance: If your luggage is damaged or lost when you travel on a common carrier like a plane, trip, ship, or bus, American Express will reimburse you for losses not covered by your own personal insurance.

Why we like it: If you value high fixed-rate rewards and want to avoid an annual fee, the American Express Blue Business Cash^TM Card is a great choice, as it pays 2% cash back. It’s a fitting option for owners who favor a straightforward rewards card that still has great benefits. For instance, it’s 12-month introductory financing period is long enough to pay down purchases before the regular APR kicks in.

If you need extra capital, you can use this card’s expanded buying power to purchase above your credit limit. However, this feature isn’t unlimited. The amount you can spend is determined based on several factors, including your payment history.

The American Express Blue Business Cash^TM Card only earns its highest cash back rewards up to $50,000 annually. Additional purchases after that will earn 1% rewards until the next calendar year. So, this card is designed for business owners who spend $50,000 or less on expenses each year. The one major drawback to this card, however, is the lack of any introductory rewards.

How We Evaluated the Best Cash Back Business Credit Cards

In our evaluation, we primarily focused on each card’s reward structure—including both introductory and ongoing rewards. The cash you can earn with these options can reduce the cost of financing expenses, and the introductory bonuses and card features bolster up the card value. We also prioritized cards that offer an introductory 0% APR period and affordable annual fees, as this is a perfect way to help grow your business.

How Cash Back Business Credit Card Rewards Work

Compared to points-based rewards, cash back business credit cards allow owners to redeem rewards primarily for statement credits or deposits into eligible bank accounts. Many cards also let users redeem cash back rewards for gift cards, merchandise, or travel rewards. You can typically redeem between 1% and 5% cash back per dollar spent, depending on the rewards program and the type of goods and services you purchase.

Owners typically find that receiving cash back either as a statement credit or bank deposit yields a higher redemption value than choosing other redemption options. Points rewards are generally worth 1 cent per point, while redeeming for a gift card or merchandise may be worth less than 1 cent per point. Choose a card that pays rewards in the categories where you spend the most to maximize your rewards.

Bottom Line

The best cash back business credit cards offer 2% cash back or more on business spending. Many of these cards also have low or no annual fees, long 0% introductory APRs, and other benefits that generate significant value for small businesses. Comparing the top cards is one easy way to find the right option for you.

For rates and fees on the American Express Blue Business Cash℠ Card, please click here.

6 Best Cash Back Business Credit Cards 2020