Commerce Bank Business Rewards Card Review for 2023
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
Commerce Bank Business Rewards Card is a small business credit card that offers cash back rewards that you can redeem for airline travel, gift cards, and more. It has some of the most competitive redemption options in the industry, giving you 2x and 3x points in select merchant categories after activating Quarterly Bonus Points. It also sets individual credit limits for each employee.
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.
Commerce Bank Business Rewards Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those with fixed large purchases
Intro APR
N/A
Regular APR
14.90% variable rate
Annual Fee
$0
Credit Needed
Fair to Good
- Earn 2X and 3X points in selected merchant categories after activating Quarterly Bonus Points, with no limit on the number of points you can earn
- 1% cash back rewards that you can redeem for airline travel, gift cards, merchandise, and more, with no limit on the number of points you can earn
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower-than-average regular APR at 14.90% variable
Cons
- Doesn’t offer rewards for new cardholders
- No interest-free financing option on both purchases and balance transfers
- Only serves customers in selected states, namely: Missouri, Kansas, Illinois, Oklahoma, and Colorado
- Doesn’t offer any unique features that set it apart from the rest
- Employee credit cards: Commerce Bank Business Rewards Card offers employee credit cards with an individual limit set for each employee.
- Special Connections®: Cardholders with existing checking accounts with Commerce Bank can use the Special Connections® feature, allowing them to use their Commerce Bank Business Rewards Card for both credit and debit purchases and conveniently access their other Commerce Bank accounts at the ATM.
- Lock your card: You can temporarily block new purchases and ATM withdrawals without interrupting recurring payments.
- Visa® Liability Waiver Program: This program offers peace of mind to its cardholders and guarantees you not be liable for unauthorized purchases or withdrawals from your account.
Intro APR
N/A
Regular APR
14.90% variable rate
Annual Fee
$0
Credit Needed
Fair to Good
- Earn 2X and 3X points in selected merchant categories after activating Quarterly Bonus Points, with no limit on the number of points you can earn
- 1% cash back rewards that you can redeem for airline travel, gift cards, merchandise, and more, with no limit on the number of points you can earn
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower-than-average regular APR at 14.90% variable
Cons
- Doesn’t offer rewards for new cardholders
- No interest-free financing option on both purchases and balance transfers
- Only serves customers in selected states, namely: Missouri, Kansas, Illinois, Oklahoma, and Colorado
- Doesn’t offer any unique features that set it apart from the rest
- Employee credit cards: Commerce Bank Business Rewards Card offers employee credit cards with an individual limit set for each employee.
- Special Connections®: Cardholders with existing checking accounts with Commerce Bank can use the Special Connections® feature, allowing them to use their Commerce Bank Business Rewards Card for both credit and debit purchases and conveniently access their other Commerce Bank accounts at the ATM.
- Lock your card: You can temporarily block new purchases and ATM withdrawals without interrupting recurring payments.
- Visa® Liability Waiver Program: This program offers peace of mind to its cardholders and guarantees you not be liable for unauthorized purchases or withdrawals from your account.
When evaluating cash back business credit cards like the Commerce Bank Business Rewards Card, we consider ongoing rewards first and introductory rewards as the second biggest factor. We also look at the annual fee, introductory and ongoing annual percentage rates (APRs), and card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 25 | 30 |
Introductory Rewards | 10 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 10 | 15 |
Introductory APR | 5 | 10 |
Ongoing APR | 10 | 10 |
Total Score | 75 | 100 |
Who the Commerce Bank Business Rewards Card Is Best For
- Those with fixed large purchases: Businesses that make large purchases frequently will appreciate the card’s low regular APR of 14.90%, variable.
- Those with existing Commerce Bank accounts: If you have an active Commerce Bank savings or checking account, you might want to consider getting this card, especially if you wish to earn rewards.
See our recommended alternatives below if this doesn’t fit your business needs.
Commerce Bank Business Rewards Card Fees
APR
- Introductory: N/A
- Purchase: 14.90% variable, depending on the prime rate
- Cash advance: 19.90% variable, depending on the prime rate
- Late payment: 21.99% variable, depending on the prime rate
Variable rate information: APR is determined monthly by adding 9.90% to the prime rate, which is subject to a minimum rate of 5.00%.
Fees
- Annual: None
- Minimum finance charge: $0.50
- Foreign transaction: N/A
- Late payment and over-the-credit-limit: $29
- Cash advance: 3% of the cash advance amount with a minimum of $15
Ensure to pay your purchase balances within 20 days from the date of the periodic statement.
Commerce Bank Business Rewards Card Rewards
- 2x and 3x points in selected merchant categories after activating Quarterly Bonus Points, with no limit on the number of points you can earn
- 1% cash back rewards, which you can redeem for airline travel, gift cards, merchandise, and more, with no limit on the number of points you can earn
How To Make Payments to the Commerce Bank Business Rewards Card
- Online: Commerce Bank offers a Make a Payment Wizard that allows you to make a one-time payment from either your checking or savings account. Click the “Make a Payment” button on your Account Activity page or the “Make a Payment to your Credit Card” link on the Customer Service page.
- Branch: Go to the nearest Commerce Bank branch.
- Mobile app: Pay via the Commerce Bank iOS and Android apps, which you can also use to lock and unlock your card if something happens.
Commerce Bank Business Rewards Card Features
- Suspicious card activity alert: Cardholders can sign up for suspicious card activity alerts online. After signing up, you’ll receive a text message if a credit card transaction is flagged due to potentially fraudulent activity.
- Employee credit cards: The card offers employee credit cards with an individual limit set for each employee. There’s no limit on the number of cards you can request.
- Special Connections®: Cardholders with existing checking Commerce Bank accounts can use the Special Connections® feature, allowing them to use their Commerce Bank Business Rewards Card for both credit and debit purchases and conveniently access their other Commerce Bank accounts at an ATM.
- Visa® Liability Waiver Program: This provides you with peace of mind and guarantees that you won’t be liable for unauthorized purchases or withdrawals from your account. You’ll get the amount worth for each service, depending on your card type. You can learn more about it by clicking here.
- Lock your card: You can temporarily block new purchases and ATM withdrawals without interrupting recurring payments.
Commerce Bank Business Rewards Card Alternatives
American Express Blue Business CashTM
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
18.24% - 26.24% 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.
- 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, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No 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
18.24% - 26.24% 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.
- 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, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No 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.
- American Express Blue Business CashTM is a viable alternative for those who usually exceed their credit limit
- Offers 0% introductory APR on purchases for the first 12 months
- Doesn’t charge annual fees
- Lets you earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back after that
- Is our top-recommended cash back business credit card
Chase Ink Business Unlimited®
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
16.24% - 22.24% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- 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
Intro APR
0% Intro APR on Purchases
Regular APR
16.24% - 22.24% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- 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
- Chase Ink Business Unlimited® is a great choice if you’re on a tight budget and want a fixed-rate rewards card
- Offers an interest-free financing option of 0% on purchases for the first 12 billing cycles
- Comes with no annual fees
- Has unlimited 1.5% cash back on all business-related purchases
- Is our best small business credit card and leading credit card for new businesses with no credit history
Commerce Bank Visa Business Platinum Card
Commerce Bank Visa Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those with existing Commerce Bank accounts
Intro APR
N/A
Regular APR
10.90% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Our Business Platinum Card is designed to give you the ability to adapt to your ever-changing needs as a business owner.
- No annual fee
- Low APR and an extended grace period
- Set individual credit limits for employees
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower-than-average purchase regular APR at 10.90% variable
Cons
- Doesn’t offer rewards for new and existing cardholders
- No introductory APR on purchases and balance transfers
- Only serves customers in selected states, namely: Missouri, Kansas, Illinois, Oklahoma, and Colorado
- Suspicious card activity alert: Cardholders can sign up for suspicious card activity alerts
- Lock your card: You can block new purchases and ATM withdrawals temporarily without interrupting existing recurring payments
- Special Connections®: Cardholders with existing Commerce Bank checking accounts can take advantage of this to use their Commerce Bank Business Rewards Card for both credit and debit purchases and conveniently access their other Commerce Bank accounts at the ATM
- Employee credit cards: You can get employee credit cards with an individual limit set for each
Visa® liability waiver program, which ensures cardholders that they aren’t liable for unauthorized purchases or withdrawals from their accounts
Intro APR
N/A
Regular APR
10.90% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Our Business Platinum Card is designed to give you the ability to adapt to your ever-changing needs as a business owner.
- No annual fee
- Low APR and an extended grace period
- Set individual credit limits for employees
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower-than-average purchase regular APR at 10.90% variable
Cons
- Doesn’t offer rewards for new and existing cardholders
- No introductory APR on purchases and balance transfers
- Only serves customers in selected states, namely: Missouri, Kansas, Illinois, Oklahoma, and Colorado
- Suspicious card activity alert: Cardholders can sign up for suspicious card activity alerts
- Lock your card: You can block new purchases and ATM withdrawals temporarily without interrupting existing recurring payments
- Special Connections®: Cardholders with existing Commerce Bank checking accounts can take advantage of this to use their Commerce Bank Business Rewards Card for both credit and debit purchases and conveniently access their other Commerce Bank accounts at the ATM
- Employee credit cards: You can get employee credit cards with an individual limit set for each
Visa® liability waiver program, which ensures cardholders that they aren’t liable for unauthorized purchases or withdrawals from their accounts
- Commerce Bank Visa Business Platinum Card is best suited for those wanting a low regular APR within Commerce Bank
- Lacks a 0% introductory APR on purchases and balance transfers
- Doesn’t charge annual fees
- Offers a longer grace period compared to Commerce Bank Business Rewards Card
- Has no specific rewards for new and existing cardholders
For more options, check out our list of the best small business credit cards.
Bottom Line
Commerce Bank Business Rewards Card is a viable option if you want a low regular APR or have an active Commerce Bank savings or checking account. While it doesn’t offer an interest-free financing option on purchases and balance transfers, it lets you earn 2x and 3x points in selected merchant categories, with no limit on the number of points you can earn. You can also receive unlimited 1% cash back rewards, which you can redeem for airline travel, gift cards, merchandise, and more.
