The best cash back business credit cards earn rewards on purchases without the need to stack up points for trips or hotel stays. Simply redeem the cash rewards you earn for statement credits and direct deposits. Plus, these cards earn up to 5% cash back on business categories like gas, office supplies, and travel, which can act as discounts on business purchases.
The best cash back business credit cards for 2020:
- Chase Ink Business CashSM: (Best overall) Best for up to 5% cash back and $500 cash sign-up bonus
- Capital One® Spark® Cash for Business: Best for 2% cash back and $500 cash sign-up bonus
- U.S. Bank Business Cash Rewards World Elite™ MasterCard®: Best for 3% cash back and $200 Bonus
- Chase Ink Business UnlimitedSM: Best for a high sign-up bonus with no annual fee
- American Express Blue Business CashTM: Best for 2% cash back and 0% APR
- Capital One® Spark® Cash Select for Business: Best for low-spending businesses
- Bank of America® Business Advantage Cash Rewards Mastercard®: Best for top cash back gas rewards
- Capital One® Spark® Classic for Business: Best for earning cash back with fair credit
- Wells Fargo Business Secured Card: Best for earning cash back with bad credit
- Chase Ink Business Preferred®: Best for earning cash back or points—your choice
For details on how we evaluate business credit cards for this list, see our methodology.
Chase Ink Business CashSM: Overall Best Cash Back Business Credit Card
Ink Business Cash℠ Credit Card
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 | 14.74% - 20.74% Variable | $0 | Good - Excellent |
The Chase Ink Business CashSM card ranks highest on our list because it offers peak rewards on the most popular business expense—office supplies. This card earns the highest rewards rate on our list, with up to 5% cash back on office supply store purchases. Business owners looking to finance office-related expenses can earn top rewards while doing so.
Chase Ink Business CashSM Costs
Introductory APR | 0% APR for 12 months on purchases |
Ongoing APR | 14.74% to 20.74% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $5 or 5% of the balance transferred, whichever is greater |
The introductory 0% APR on purchases could help you manage cash flow, but you’ll want to make sure to pay off your balance in full before the introductory period expires. Other small business credit cards on our list offer better ongoing APRs, including the U.S. Bank Business Cash Rewards World EliteTM Mastercard®.
Chase Ink Business CashSM Rewards
This cash back business card offers the highest rewards on office supply spending. It also pays bonus cash back on gas station and restaurant purchases. Introductory rewards are excellent for a card that charges no annual fee.
Introductory Rewards
You’ll earn $500 cash back after you spend $3,000 within your first three months. This is the highest introductory bonus on our list for a card that charges no annual fee, tied with Chase Ink Business UnlimitedSM.
Ongoing Rewards
- 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, cellular phone, and landline services each account anniversary year, then 1% afterward
- 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, then 1% after that
- 1% cash back on all other purchases
The cash back on office supply purchases is the best on our list.
Chase Ink Business CashSM Additional Features
- 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
This is a similar package of benefits as several other cards on this list offer, although the purchase protection lasts longer than the 90 days offered by Capital One® Spark® Cash for Business.
What Chase Ink Business CashSM Is Missing
According to Chase Ink Business CashSM reviews, Chase offers a solid return on office spending with this card, but businesses that have travel expenses won’t benefit with Chase Ink Business CashSM. Choose the Chase Ink Business Preferred® or another similar card if you want to be rewarded for travel spending.
Capital One® Spark® Cash for Business: Best for 2% Cash Back and $500 cash sign-up bonus
Capital One® Spark® Cash for Business
Best For: Earning unlimited 2% cash back
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 18.49% (Variable) | $0 intro for first year; $95 after that | Excellent, Good |
Business expenses aren’t always consistent, and for that situation, there’s Capital One® Spark® Cash for Business. This card is useful to owners whose expense categories vary from month-to-month. This allows owners who normally spend in a variety of ways, to earn 2% cash back regardless of where they make purchases.
Capital One® Spark® Cash for Business Costs
Introductory APR | None |
Ongoing APR | 18.49% variable, which adjusts with the prime rate |
Annual Fee | $95, waived for the first year |
Balance Transfer Fee | None |
Capital One® Spark® Cash for Business is one of just three cards on our list to charge an annual fee. Spark Cash charges a $95 annual fee, which is waived the first year, tied with Chase Ink Business Preferred® for highest on our list. The ongoing APR is above average, so consider another card like the Bank of America® Business Advantage Cash Rewards Mastercard® if you carry a balance.
Capital One® Spark® Cash for Business Rewards
This card pays 2% cash back on all spending, the highest fixed-rate cash back return among the cards on this list. Other cards offer higher returns in bonus category spending like the 5% cash back the Chase Ink Business CashSM card pays on office supplies and internet services. Chase Ink Business CashSM fares worse in everyday spending at 1% cash back.
Introductory Rewards
You’ll earn a $500 cash bonus when you spend $4,500 in the first three months of your account opening. This is the largest sign-up bonus on our list.
Ongoing Rewards
You’ll earn an unlimited 2% cash back on all purchases. That’s the highest fixed-rate return among the small business credit cards on our list.
What Capital One® Spark® Cash for Business Is Missing
Other cards offer better rewards in specific bonus categories, like Chase Ink Business Preferred®, which pays three points per dollar on travel, shipping, and advertising on search engines and social networks. You’ll earn just 2% cash back on these types of purchases with Capital One® Spark® Cash for Business.
U.S. Bank Business Cash Rewards World EliteTM MasterCard®: Best for 3% Cash Back and $200 Bonus
U.S. Bank Business Cash Rewards World Elite™ Mastercard®
Best For: Tiered rewards on gas station, office supply store and cell phone purchases
| Intro APR ?0% APR for nine billing cycles on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0%* | 11.99% - 22.99%* Variable | $0* | Excellent |
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® is great for 3% cash back on category spending and an introductory bonus that rivals only two other cards on our list. However, the U.S. Bank Business Cash Rewards World EliteTM doesn’t cap its highest rewards earning potential like other cards. Plus, cardholders can get an additional 25% cash bonus on the previous year’s spending—up to $250.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Costs
Introductory APR | 0% APR for nine billing cycles on purchases and balance transfers |
Ongoing APR | 11.99% to 22.99% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $5 or 3% of the transfer during application, whichever is greater |
The lowest ongoing APR is a quarter percentage point lower than what the Bank of America® Business Advantage Cash Rewards Mastercard® charges. No other card offers a combined introductory 0% APR period on purchases and balance transfers better than this U.S. Bank business credit card.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Rewards
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers ongoing cash back on your spending, including bonus rewards for cellular, gas, and office supply purchases, and a 25% annual bonus based on your prior year’s cash rewards. The introductory offer is worth $200.
Introductory Rewards
You’ll earn $200 cash back after you spend $1,000 during the first 90 days. Chase Ink Business CashSM offers a larger offer. With that card, you can earn a $500 cash back bonus after you spend $3,000 in the first three months.
Ongoing Rewards
- 3% cash back on cellphone purchases and service
- 3% cash back on gas purchases up to $200 per single purchase
- 3% cash back at office supply stores
- 1% cash back on all other eligible purchases
The cellphone bonus is unique among cash back small business credit cards. The rewards on office supply spending are lower than the 5% offered by Chase Ink Business CashSM. U.S. Bank also offers a unique annual bonus equal to 25% of your prior year’s cash rewards, up to a maximum of $250. No other small business cash back credit card offers an ongoing annual bonus.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Additional Features
- 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.
According to U.S. Bank business card reviews, this card includes similar restrictions on both its purchase assurance and extended warranty protections as Capital One® Spark® Cash Select for Business. Those protections aren’t quite as robust as cards like Chase Ink Business UnlimitedSM offer.
What the U.S. Bank Business Cash Rewards World EliteTM MasterCard® Is Missing
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers both lower introductory and ongoing rewards than some other cash back rewards business credit cards. The Chase Ink Business CashSM card, for example, offers introductory rewards worth $500 and ongoing rewards of up to 5% on some spending categories.
Chase Ink Business UnlimitedSM: Best for a $500 Sign-up Bonus and No Annual Fee
Ink Business Unlimited℠ Credit Card
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 | 14.74% - 20.74% Variable | $0 | Good - Excellent |
Business owners who love consistency will appreciate the fixed-rate of 1.5% cash back Chase Ink Business UnlimitedSM earns on all purchases. Unlike the Chase Ink Business Cash℠ card, owners can earn cash back without tracking categories, but at the cost of a slightly lower ongoing rewards rate. However, this card also offers a generous introductory bonus that makes up for fewer ongoing rewards.
Chase Ink Business UnlimitedSM Costs
Introductory APR | 0% for 12 months on purchases |
Ongoing APR | 14.74% to 20.74% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $5 or 5% of the balance transferred, whichever is greater |
This card offers 0% APR for 12 months on purchases but not on balance transfers. However the APR on this card is decent compared to other cards, like Capital One® Spark® Classic for Business.
Chase Ink Business UnlimitedSM Rewards
Along with 1.5% fixed-rate ongoing rewards, this card also comes with a great introductory bonus of $500 cash back.
Introductory Rewards
You’ll earn $500 cash back when you spend $3,000 in the first three months. That’s the highest return among cards on our list that has no annual fee and equal to what the Chase Ink Business CashSM offers.
Ongoing Rewards
You’ll earn an unlimited 1.5% cash back on all purchases, regardless of spending category. That’s the best fixed-rate return from a credit card that charges no annual fee on our list, tied with Capital One® Spark® Cash Select for Business.
Chase Ink Business UnlimitedSM Additional Features
- 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
Note that the purchase protection benefit lasts longer than the 90 days Capital One® Spark® Cash for Business offers. The rental insurance and extended warranty protection are similar to what other Chase business cards on our list offer, including Chase Ink Business CashSM.
What Chase Ink Business UnlimitedSM Is Missing
Chase Ink Business UnlimitedSM reviews show that this card offers great fixed-rate cash back rewards on all spending. The rewards rate is lower than some other cards, especially in certain spending categories. For instance, the Chase Ink Business CashSM card pays 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on telecommunications services.
American Express Blue Business CashTM Card: Best for 2% Cash Back & 0% APR
American Express Blue Business Cash™ Card
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 and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% on purchases | 13.24% - 19.24% Variable | No annual fee | Good, Excellent |
The American Express Blue Business CashTM Card is another credit card that offers consistent flat-rate rewards with no annual fee. You’ll even be able to benefit from its 0% APR for 12 months. However, this card has 2% cash back only up to $50,000 annually. So, this card is best for business owners who spend $50,000 or less on expenses each year.
American Express Blue Business CashTM Card Costs
Introductory APR | 0% for 12 months on purchases and balance transfers |
Ongoing APR | 13.24% to 19.24% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $5 or 3% of the balance transferred, whichever is greater |
The introductory APR offer is the same as the Chase Ink Business Cash℠. That card also has no annual fee and an APR that’s average.
American Express Blue Business CashTM Card Rewards
The American Express Blue Business CashTM Card offers excellent ongoing fixed-rate rewards usually seen on business credit cards that charge an annual fee. But, unlike those cards, this American Express card sets a cap at $50,000 in annual spending at which you’ll earn the top reward.
Introductory Rewards
American Express doesn’t offer introductory rewards on this card. Most cards on our list of the best cash back business credit cards offer a sign-up bonus after you meet a spending requirement. This card falls lower on our list because it doesn’t offer introductory rewards.
Ongoing Rewards
- 2% cash back on all purchases up to $50,000 each year
- 1% cash back on all additional purchases
Capital One® Spark® Cash for Business also offers 2% cash back, but it has no rewards cap. However, you’ll have to pay a $95 annual fee, waived the first year.
American Express Blue Business CashTM Card Additional Features
- Extended warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than one year. American Express provides an additional one year if the original manufacturer’s warranty is between one and 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 120 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 personal insurance.
The extended warranty protection is similar to what Chase Ink Business CashSM offers, although Chase only offers coverage extensions on warranties of three years or less.
What the American Express Blue Business CashTM Card Is Missing
This card ranks lower on our list because it offers no introductory rewards. That’s a real drawback, especially when other cards that charge no annual fee offer sign-up bonuses worth up to $500 cash back. American Express business card reviews suggest that you’ll also want to avoid this card when traveling outside the US, not only because you’ll pay foreign transaction fees, but because American Express isn’t as widely accepted as Visa or Mastercard.
Capital One® Spark® Cash Select for Business: Best for Low Spenders
Capital One® Spark® Cash Select for Business
Best For: Businesses that spend less than $19,000 annually
| Intro APR ?0% for nine months on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% on purchases | 14.49% - 22.49% (Variable) | $0 | Excellent, Good |
Capital One® Spark® Cash Select for Business is a great choice for those who charge less than $19,000 a year on their small business cash back credit cards. Above that amount, you would fare much better with its sister card, Capital One® Spark® Cash for Business. However, this card also offers an interest-free period and a cash bonus that makes it a solid option.
Capital One® Spark® Cash Select for Business Costs
Introductory APR | 0% for nine months on purchases |
Ongoing APR | 14.49% to 22.49% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | None |
The introductory 0% APR period is shorter on this card than on others on our list like Chase Ink Business CashSM at 12 months. Like other cards on this list, this Capital One card doesn’t offer an intro APR on balance transfers, although you’ll pay no transfer fee. All other cards charge between 3% and 5% per transfer.
Capital One® Spark® Cash Select for Business Rewards
The real appeal of Capital One® Spark® Cash Select for Business is for business owners who want a fixed-rate return and don’t want to pay an annual fee. However, that fee aversion is only worth it if you spend $19,000 or less a year.
Here’s a look at the math:
- Capital One® Spark® Cash Select for Business: $19,000 in annual spend x 1.5% cash back = $285 in rewards
- Capital One® Spark® Cash for Business: $19,000 in annual spend x 2% cash back – $95 annual fee = $285 in rewards
Introductory Rewards
You’ll earn a $200 cash bonus when you spend $3,000 within the first three months from account opening. That’s a smaller return than the $500 the Chase Ink Business UnlimitedSM pays on the same amount of spending.
Ongoing Rewards
You’ll earn 1.5% cash back on all spending with no limits. That’s identical to what you’ll earn with Chase Ink Business UnlimitedSM. Fixed-rate rewards are ideal for businesses looking to save on expenses without fussing around with spending categories.
What Capital One® Spark® Cash Select for Business Is Missing
Capital One® Spark® Cash Select for Business pays 1.5% cash back on all spending. That’s lower than the 2% the Capital One® Spark® Cash for Business pays, a card that carries a $95 annual fee, waived the first year. According to Capital One business card reviews, this card is best for you only if your business puts less than $19,000 annually on your small business credit card.
Bank of America® Business Advantage Cash Rewards Mastercard®: Best for Gas Rewards
Bank of America® Business Advantage Cash Rewards Mastercard® credit card
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 | 13.74% - 23.74% Variable APR on purchases | $0.00 | Excellent |
The Bank of America® Business Advantage Cash Rewards Mastercard® is great for businesses that already have a deposit relationship with Bank of America. Use this card for gas station purchases and earn 3% cash back, automatically. Plus, if you qualify for a Bank of America Preferred Rewards for Business Platinum Honors tier member, you could earn even more—as much as 5.25% cash back. For everyone else, this card is still a solid option.
Bank of America® Business Advantage Cash Rewards Mastercard® Costs
Introductory APR | 0% nine billing cycles on purchases |
Ongoing APR | 13.74% to 23.74% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $10 or 4% of the amount of the balance transferred, whichever is greater |
Bank of America offers no introductory 0% APR offer on balance transfers, and the length of the intro APR on purchases is shorter than the 12 months of 0% APR offered by Chase Ink Business UnlimitedSM on purchases. Choose a different card if no-interest financing is important to you.
Bank of America® Business Advantage Cash Rewards Mastercard® Rewards
The already good cash-back rewards on this card can get even better if you also have a banking relationship with Bank of America. Enroll in the Business Advantage Relationship Rewards program to receive an additional 75% rewards bonus on every purchase. These tiered-relationship bonuses begin when you have at least $20,000 in assets with the bank.
Introductory Rewards
You will earn a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening. That’s among the lowest sign-up bonuses among that cards that offer introductory rewards on our list.
Ongoing Rewards
You will earn the following rewards when using your card:
- 3% cash back on the category of your choice such as gas stations (default), office supply stores, travel, TV/telecom and wireless, computer services, or business consulting services for the first $50,000 in combined choice category/dining purchases each calendar year; 1% after that
- 2% cash back on purchases at restaurants
- Unlimited 1% cash back on all other purchases
If you’re enrolled in Bank of America Preferred Rewards for Business, you could earn up to 5.25% at gas stations and office supply stores, 3.5% at restaurants, and 1.75% on all other purchases. To earn the maximum rewards bonus, you have to have more than $100,000 on deposit with the bank.
Bank of America® Business Advantage Cash Rewards Mastercard® Additional Features
Bank of America card reviews reveal this card doesn’t come with the same level of benefits you’ll find on other cards on our list like car rental insurance and extended warranty protection for purchases you make with your card. You will receive up to $100,000 in travel accident insurance, which covers you in case of loss of life or dismemberment. It is the only card on our list to offer this protection. This is a benefit most frequently seen on travel rewards credit cards.
What Bank of America® Business Advantage Cash Rewards Mastercard® Is Missing
You’ll find a better rewards rate on office supply spending with other business cards like the Chase Ink Business CashSM card (5%). The introductory bonus is the lowest among the cards on our list that offer a welcome bonus.
Capital One® Spark® Classic for Business: Best Cash Back Business Credit Card for Fair Credit
Capital One® Spark® Classic for Business
Best For: Fair credit business owners (580 to 669)
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 24.49% (Variable) | $0 | Average, Fair, Limited |
Business owners that have less-than-stellar credit don’t have to miss out on rewards with Capital One® Spark® Classic for Business. This card is the only unsecured fair credit business card that also offers rewards, making this a good fit for owners who have a personal credit score of 580 to 669. Although this card’s 1% cash back is the lowest rewards on our list, it’s more than what any other fair credit business card offers.
Capital One® Spark® Classic for Business Costs
Introductory APR | None |
Ongoing APR | 24.49% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | None |
If you have a credit score lower than 670, this might be the only unsecured business credit card for which you’ll qualify. As a result, you’ll have to pay a higher APR on balances you carry from month to month. These types of credit cards tend to have higher APRs, reflecting the increased risk of offering credit users with fair credit.
Capital One® Spark® Classic for Business Rewards
This is one of three cards on our list that offer no introductory rewards, including the American Express Blue Business Cash™ Card and the Wells Fargo Business Secured Card. It also provides the lowest return on everyday spending at 1%.
Introductory Rewards
Capital One® Spark® Classic for Business offers no introductory rewards, which is not unusual for a small business credit card that is tailored for owners with fair credit. If your credit is good enough to qualify for another credit card, choose one like Chase Ink Business UnlimitedSM, which offers a $500 cash back introductory bonus.
Ongoing Rewards
You will earn 1% cash back on all purchases with no cap. This is the lowest return for ongoing rewards among all of the cards on our list. It is not unusual for cards designed for owners with fair credit to offer limited ongoing rewards.
What Capital One® Spark® Classic for Business Is Missing
Capital One business card reviews show that this credit card is designed for cardholders with fair credit, so the ongoing APR is understandably high compared with other cards on our list. There’s also no introductory interest-free offer on purchases, and the fixed-rate rewards are relatively low. If your credit is good enough to qualify for other small business credit cards, choose Capital One® Spark® Cash Select for Business over Capital One® Spark® Classic for Business.
Wells Fargo Business Secured Card: Earning Cash Back With Bad Credit
Wells Fargo Business Secured Credit Card
Best For: Business owners with poor credit
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | Prime + 11.90% on purchases | $25 per card | N/A |
The Wells Fargo Business Secured Card is the best option for those who can’t qualify for an unsecured business credit card. This card allows owners to build personal and business credit while earning rewards up to 1.5% cash back on everyday purchases. Although there’s an annual fee and a required deposit, it’s worth it for owners who don’t want to miss out on rewards because of poor credit scores.
Wells Fargo Business Secured Card Costs
Introductory APR | None |
Ongoing APR | Prime + 11.90% |
Annual Fee | $25 per card |
Balance Transfer Fee | Varies, check with the issuer |
Credit Line | Deposit $500 to $25,000 in a collateral account, which equals your credit line |
Unlike other cards on this list, your credit line on the Wells Fargo Business Secured Card is determined by a deposit you make into a collateral account. Use this card to improve your credit score, so you can qualify for the best cash back business credit cards, which are all unsecured.
Wells Fargo Business Secured Card Rewards
The Wells Fargo Business Secured Card makes our list because it’s the rare secured credit card that offers ongoing rewards. According to Wells Fargo business card reviews, this card’s optional 1.5% cash back on all spending is equaled by Chase Ink Business UnlimitedSM and Capital One® Spark® Cash Select for Business.
Introductory Rewards
The Wells Fargo Business Secured Card offers no sign-up bonus or other introductory rewards. It’s one of three cards on our list that offers no introductory rewards, including the Capital One® Spark® Classic for Business.
Ongoing Rewards
You can choose to receive rewards from the Wells Fargo Business Secured Card in one of two ways:
- Cash back: Earn 1.5% cash back for every $1 spent on purchases
- Points: Earn one point for every $1 spent on net purchases and 1,000 bonus points when your company spends $1,000 in any monthly billing period
No other card on our list allows you to choose between receiving cash back or points. If you choose points, the redemption rate is likely to be lower than cash back. Even so, earning rewards on a secured business credit card is exceptionally rare.
Wells Fargo Business Secured Card Additional Features
Under Wells Fargo’s purchase protection program, the issuer will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase. Every other card on our list offers more benefits.
What the Wells Fargo Business Secured Card Is Missing
Your credit line is established by the amount of collateral you put down, up to $25,000. The other cards on our list are unsecured credit cards, which means your credit line is determined by your credit score, level of debt, and other factors. You don’t need to put any money down—outside an annual fee—to get an unsecured card like Capital One® Spark® Cash for Business.
Chase Ink Business Preferred®: Best Cash Back Business Credit Card for Earning Points
Ink Business Preferred® Credit Card
Best For: Maximizing travel rewards at a lower annual fee
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 17.49% - 22.49% Variable | $95 |
Chase Ink Business Preferred® is a point-based rewards card that’s best for owners who aren’t deterred by converting points into cash. Owners will get a substantial signup bonus worth about $800 in cash for meeting spending requirements—the largest introductory bonus on our list. If cash back is your main goal for this card, you won’t mind that the points redemption value is lower for cash than when redeemed for travel.
Chase Ink Business Preferred® Costs
Introductory APR | None |
Ongoing APR | 17.49% to 22.49% variable, which adjusts with the prime rate |
Annual Fee | $95 |
Balance Transfer Fee | $5 or 5% of the balance transferred, whichever is greater |
The ongoing APR is among the highest on our list, so it’s best to avoid Chase Ink Business Preferred® if you have to carry a balance. Instead, choose the Bank of America® Business Advantage Cash Rewards Mastercard®.
Chase Ink Business Preferred® Rewards
No other card on our list of best cash back business credit cards offers better rewards for travel. Chase has a fairly broad definition of travel as well—including car rentals, taxis, and parking garages. That makes this card a particularly useful tool for both local and regional traveling.
Introductory Rewards
You will earn 100k Ultimate Rewards points when you spend $15,000 within the first three months of account opening. Rewards points can be redeemed for airfare or other paid travel through Chase, for gift cards, or statement credits against eligible charges. Cardholders also can transfer points to airline and hotel partners.
Ongoing Rewards
- Three points per dollar on the first $150,000 spent in combined purchases each account anniversary year spent in these categories: Travel, shipping, advertising on search engines and social media sites and internet, cable, and phone services
- One point on everything else
No other card on our list offers a return on travel spending as high as this Chase small business credit card. Other points-based cards like the American Express Business Platinum Card® offer higher returns on airfare spending.
Chase Ink Business Preferred® Additional Features
- Cellphone protection: You and your employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim; you are limited to three claims per 12-month period, with a $100 deductible per claim
- Trip cancellation/delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels; if your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation
No other card on our list offers either cellphone protection or trip cancellation insurance.
What Chase Ink Business Preferred® Is Missing
According to Chase Ink Business Preferred® reviews, this card is not a good choice for businesses looking for an interest-free period on purchases since there is no 0% APR like Chase Ink Business UnlimitedSM offers. The card also lacks bonus rewards for spending on office supplies like you’ll find on the Chase Ink Business CashSM card.
How Cash Back Business Credit Card Rewards Work
Cash back business credit cards allow owners to redeem rewards primarily for statement credits or deposits into eligible bank accounts compared to points-based rewards. Many cards also enable users to 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 or service you purchased.
Owners will typically find that receiving cash back either as a statement credit or bank deposit will yield a higher redemption value than choosing other redemption options. Cash back is 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.
How We Evaluated the Best Cash Back Business Credit Cards
In some cases, the most cash back business owners can hope to receive on a business card is 1% to 2% back on each purchase. However, the best cash back business credit cards pay even more than that, up to 5%, in select spending categories. The cash you’ll get can reduce the cost of financing expenses, and the introductory bonuses and card features bolster up the card value. See methodology in detail.
Bottom Line
The best cash back business credit cards offer 2% cash back or better 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.
For rates and fees on the American Express Blue Business Cash℠ Card, please click here.
