A cash back credit card lets you receive a certain percentage from your purchase transactions, which you can redeem in various ways, depending on what the credit card issuer offers. Cash back rates are usually either fixed on all business expenses or varied depending on spending categories.
Many business owners prefer cash back credit cards because the rewards value is easy to understand. For example, if your cash back credit card gives you 2% for all spending categories, you will get $2 back when you spend $100 on an eligible purchase. These rewards can add up over time, helping you save money on your purchases.
Key takeaways
- Cash back, a type of reward that some credit cards (or even debit cards) offer when you make a purchase, is equivalent to a percentage of a purchase and awarded as a refund or a rebate.
- You can use the cash back as a statement credit to reduce your credit card bill. Sometimes, card issuers allow you to redeem your cash back as a deposit to your bank account, as a check sent by mail, or to cover a portion of your purchases.
- Some transactions may not earn cash back rewards, including balance transfers, cash advances, and ineligible purchases, such as lottery tickets and gambling-related transactions.
- There are several cash back rewards programs: fixed-rate, category-based, customized, and rotating categories.
Types of Cash Back Rewards Programs
Credit card cash back rewards come in a few different types, each catering to different spending habits and preferences.
1. Fixed-rate Cash Back
A credit card with fixed-rate cash back offers the same cash back rate (usually ranges from 1% to 2%) on all purchases, regardless of expense category. This type of cash back rewards program, which is generally straightforward, is ideal for those who have varied expenses and don’t want to keep track of spending categories.
| Pros | Cons |
|---|---|
| Simple: Earn the same rate on all purchases, making it easy to predict how much you will earn | Limited rewards: May not maximize your rewards potential, especially if you tend to spend heavily on certain expense categories |
| Consistent: No need to keep track of expense categories | |
Here are our recommended business fixed-rate cash back credit cards.
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
17.49% - 25.49% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- 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, 17.49% – 25.49%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Intro APR
0% on purchases
Regular APR
17.49% - 25.49% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- 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, 17.49% – 25.49%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Card highlights:
- Offers 2% cash back on the first $50,000 worth of purchases each calendar year, then 1% cash back after the cap is reached
- Credits your cash back rewards to your billing statement automatically—no need to redeem manually
- Charges $0 annual fee
- Comes with 0% introductory APR on purchases for the first 12 months and a $500 statement credit when you spend at least $8,000 in the first three months after opening an account
- Features Expanded Buying Power, letting you spend over your credit limit based on your card usage, credit score, payment behavior, and other financial considerations
PNC Cash Rewards® Visa Signature® Business Credit Card
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn fixed-rate cash back rewards
Intro APR
0% for 9 billing cycles
Regular APR
19.24% to 29.49% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn a $600 bonus when you open and start using a new PNC Cash Rewards® Visa Signature® Business Credit Card.
- Enjoy unlimited 1.5% cash back on all purchases with no cap.
- You can redeem your cash back as a statement credit or deposit it into an eligible PNC Business checking or savings account.
- Plus, add employee cards for free and earn cash back on their business spending as well.
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Charges 3% foreign transaction
- Requires having an active PNC Bank account
- Cash Flow Insight®: You can manage your cash flow, send invoices via email, pay online, and handle payables digitally with this online account management tool.
- Overdraft protection: You can set up a PNC business credit card as overdraft protection for your PNC business checking account to help ensure you have enough funding for unexpected expenses.
- Account view: You can manage employee purchases and monitor cash flow by checking your current balance, viewing pending transactions online, and setting individual spending limits for employee cards.
- VISA Signature benefits: You can have 24/7 concierge service, travel protections like rental car insurance and lost luggage reimbursement, cellphone protection, purchase protections, and access to exclusive offers.
Intro APR
0% for 9 billing cycles
Regular APR
19.24% to 29.49% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn a $600 bonus when you open and start using a new PNC Cash Rewards® Visa Signature® Business Credit Card.
- Enjoy unlimited 1.5% cash back on all purchases with no cap.
- You can redeem your cash back as a statement credit or deposit it into an eligible PNC Business checking or savings account.
- Plus, add employee cards for free and earn cash back on their business spending as well.
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Charges 3% foreign transaction
- Requires having an active PNC Bank account
- Cash Flow Insight®: You can manage your cash flow, send invoices via email, pay online, and handle payables digitally with this online account management tool.
- Overdraft protection: You can set up a PNC business credit card as overdraft protection for your PNC business checking account to help ensure you have enough funding for unexpected expenses.
- Account view: You can manage employee purchases and monitor cash flow by checking your current balance, viewing pending transactions online, and setting individual spending limits for employee cards.
- VISA Signature benefits: You can have 24/7 concierge service, travel protections like rental car insurance and lost luggage reimbursement, cellphone protection, purchase protections, and access to exclusive offers.
Card highlights:
- Offers unlimited 1.5% cash back on all spending categories
- Offers flexible redemption options—redeem your cash back as a statement credit, or deposit cash back into an eligible PNC Business checking or savings account
- Lets you earn $400 bonus cash back when you spend $3,000 on the first three billing cycles after opening an account
- Charges $0 annual fee
- Comes with introductory 0% APR on purchases for the first nine billing cycles
Valley Visa® Secured Business Credit Card
Valley Visa® Secured Business Credit Card
BEST FOR:
Those who need a secured business credit card with fixed-rate cash back rewards
Intro APR
0% introductory APR on purchases and balance transfers for first 6 months
Regular APR
15.70% to 27.25%, variable
Annual Fee
$0
Credit Needed
Poor, Limited
- 1% unlimited cash back on all purchases
- 110% percent of your approved credit limit
- $1,000 to $25,000, based on customer request
Pros
- Applicants with poor or limited credit history can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
- Report to major credit bureaus
Cons
- Credit limits are capped to $25,000
- Requires refundable security deposit of 110% credit limit
- Up to 25 free employee cards only
- Charges foreign transaction fee
- Online account access: Manage your account conveniently through online access.
- Fraud protection alerts: Immediate alerts for suspected fraudulent transactions.
- Visa purchase alerts: Receive near real-time notifications via email or text message for transactions made with your enrolled Visa card.
- Report to major credit bureaus: The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use.
Intro APR
0% introductory APR on purchases and balance transfers for first 6 months
Regular APR
15.70% to 27.25%, variable
Annual Fee
$0
Credit Needed
Poor, Limited
- 1% unlimited cash back on all purchases
- 110% percent of your approved credit limit
- $1,000 to $25,000, based on customer request
Pros
- Applicants with poor or limited credit history can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
- Report to major credit bureaus
Cons
- Credit limits are capped to $25,000
- Requires refundable security deposit of 110% credit limit
- Up to 25 free employee cards only
- Charges foreign transaction fee
- Online account access: Manage your account conveniently through online access.
- Fraud protection alerts: Immediate alerts for suspected fraudulent transactions.
- Visa purchase alerts: Receive near real-time notifications via email or text message for transactions made with your enrolled Visa card.
- Report to major credit bureaus: The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use.
Card highlights:
- Offers unlimited 1% cash back on all purchases, regardless of spending categories
- Comes with 0% introductory APR on purchases for first six months
- Charges $0 annual fee
- Requires a security deposit of 110% of your desired credit limit, up to $25,000
- Has easy qualification requirements, even with poor or limited credit
2. Category-based Cash Back
With a category-based cash back program, you can earn different cash back rates on different spending categories. The cash back rate varies per card issuer—some offer premium rates on fuel purchases, while others offer higher cash back rates on travel. To get the best out of a category-based cash back credit card, it’s important to analyze your spending habits and get a card that offers lucrative rewards on where you spend the most.
| Pros | Cons |
|---|---|
| Higher rewards in key categories: Receive higher cash back rates on certain categories where you might spend the most | Complexity: Requires more effort to track which expense categories earn higher rates |
| Flexibility: Earn a base rate for other purchases that are not part of premium categories | Lower rewards potential: Rewards potential might be lower if spending habits do not align with the premium categories |
The following are some of the best business credit cards with category-based cash back.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
Those wanting to earn up to 5% cash back on selected spending categories
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
17.99% - 26.99% 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 $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 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.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- 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.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
17.99% - 26.99% 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 $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 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.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- 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.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Card highlights:
- Offers 5% cash back on prepaid hotels and car rentals directly booked in the Travel Rewards Center, 3% cash back on eligible purchases at gas and electric vehicle (EV) charging stations, office supply stores, cellphone service providers, and restaurants, and 1% cash back on all other net purchases
- Comes with 0% APR on both purchases for the first 12 billing cycles
- Charges $0 annual fee
- Lets you earn a $100 annual statement credit for recurring software purchases and $750 cash back when you spend $6,000 in the first 180 days of card ownership
- Features the ExtendPay® Plan, which lets you pay off your eligible balance over time without interest (only a small monthly fee)
Chase Ink Business Cash® Card
card_name
BEST FOR:
Office-based businesses that want top cash back rewards
Intro APR
intro_apr_rate,intro_apr_duration
Regular APR
reg_apr,reg_apr_type
Annual Fee
annual_fees
Credit Needed
credit_score_needed
- Earn up to $750 bonus cash back—$350 when you spend $3,000 on purchases in the first 3 months and an additional $400 when you spend $6,000 on purchases in the first 6 months after 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 purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- $0 annual fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash welcome offer
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 United States 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 fewer.
Intro APR
intro_apr_rate,intro_apr_duration
Regular APR
reg_apr,reg_apr_type
Annual Fee
annual_fees
Credit Needed
credit_score_needed
- Earn up to $750 bonus cash back—$350 when you spend $3,000 on purchases in the first 3 months and an additional $400 when you spend $6,000 on purchases in the first 6 months after 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 purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- $0 annual fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash welcome offer
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 United States 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 fewer.
Card highlights:
- Offers 5% cash back on Lyft rides until March 2025, 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services, 2% cash back on the first $25,000 in combined purchases at gas stations and restaurants, and 1% cash back when the cap is met and on all other purchases
- Gives you $750 cash back when you spend $6,000 in the first three months of card ownership
- Lets you redeem your rewards for cash back, gift cards, travel, and more through Chase Ultimate Rewards®
- Comes with $0 annual fee
- Offers 0% APR on purchases for the first 12 billing cycles
Amazon Business Prime American Express Card
Amazon Business Prime American Express Card
BEST FOR:
5% back or 90-day repayment terms
Intro APR
N/A
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with eligible Prime membership. You can earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- No Annual Fee¤
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- $0 annual and foreign transaction fees
Cons
- No 0% introductory annual percentage rate (APR)
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
Intro APR
N/A
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with eligible Prime membership. You can earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- No Annual Fee¤
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- $0 annual and foreign transaction fees
Cons
- No 0% introductory annual percentage rate (APR)
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
Card highlights:
- Offers 5% cash back or 90-day term on selected United States purchases at Amazon Business, Amazon Web Services (AWS), Amazon.com, and Whole Foods Market, 2% cash back at restaurants, gas stations, and wireless phone services purchased directly from service providers, and 1% cash back on all other purchases
- Has $0 annual fee but requires an Amazon Prime membership to qualify
- Gives you a $125 Amazon.com gift card upon card approval
3. Customized Categories Cash Back
Some cash back credit cards let you choose your preferred categories where you can earn higher cash back rates. Some also offer automatic premium rates on your top spending categories, so you won’t have to guess. The customized categories cash back rewards program is best for those who usually have particular expenses that don’t always fit the fixed categories of other rewards programs.
| Pros | Cons |
|---|---|
| Personalization: Choose your high-rate categories to match your spending habits | Limited choices: Most cards with customized rewards have predefined categories to choose from and may not cover your major spending areas |
| Adaptability: Some cards offer automatic premium rates on your top categories | Tracking: For manual customization, you need to actively track your spending habits and update your preferred categories to maximize rewards |
Here are our top-recommended business credit cards with customized categories cash back.
Bank of America® Business Advantage Customized Cash Rewards World Credit Card
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
BEST FOR:
Those who want to earn 3% cash back in a spending category of their choice
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
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee.
- Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 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
- Offers flexible redemption options
- $0 annual fee
- Welcome offer
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
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
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee.
- Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 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
- Offers flexible redemption options
- $0 annual fee
- Welcome offer
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
Card highlights:
- Offers 3% cash back on the category of your choice―choose from gas stations and EV charging stations, office supply stores, travel, TV/telecom and wireless, computer services, business consulting services―and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, then 1% cash back after meeting the cap and on all other purchases
- Offers up to 75% more rewards for Bank of America business checking account holders who qualify for the Preferred Rewards for Business program
- Lets you earn $300 online statement credit after spending at least $3,000 in net purchases within 90 days of opening an account
- Allows you to redeem your cash back as a deposit to your Bank of America checking or savings account as an automatic credit to your bill or via check by mail
- Charges $0 annual fee
- Comes with 0% APR on purchases for the first nine billing cycles
U.S. Bank Business Leverage® Visa Signature® Card
Intro APR
N/A
Regular APR
18.99% - 25.99% Variable
Annual Fee
$0 intro annual fee for the first year, $95 thereafter.
Credit Needed
Excellent, Good
Pros
Cons
Intro APR
N/A
Regular APR
18.99% - 25.99% Variable
Annual Fee
$0 intro annual fee for the first year, $95 thereafter.
Credit Needed
Excellent, Good
Pros
Cons
Card highlights:
- Lets you earn 2X points in the top two categories where you spend the most each month automatically, 5X points on prepaid hotels and car rentals booked directly in the Rewards Center, and 1X points on all other purchases
- Offers 75,000 points after spending $7,500 in eligible purchases within the first 120 days of opening an account
- Lets you use your rewards for gift cards, merchandise rewards, and travel
- Charges $0 annual fee for the first year, then $95 annually thereafter
4. Rotating Categories Cash Back
The rotating categories cash back is when premium categories, which typically include gas and restaurants, change every few months. Cardholders usually need to activate these categories to earn the premium rate. Also, there might be a cap on how much spending earns the higher rate.
| Pros | Cons |
|---|---|
| High cash back rates: Can usually earn up to 5% in the rotating categories | Spending caps: Usually, there are limits on how much you can earn for the higher-rate category |
| Variety: Premium categories change periodically, providing opportunities to earn high rewards in different spending areas in a year | Limited potential: The rotating categories may not align with your spending habits, limiting your potential to maximize rewards |
The following cards are our recommended cash back credit cards with rotating categories.
Discover it® Cash Back Credit Card
Discover it® Cash Back
BEST FOR:
Those who want double the cash back on your first year
Intro APR
0%
Regular APR
18.24% to 28.24% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 5% cash back in rotating categories for each quarter.
- 1% cash back on all other purchases
Pros
- Premium rewards on rotating bonus categories
- Double your cash back for the first year
- With 0% introductory APR on purchases and balance transfers
Cons
- Bonus rewards are capped at $1,500
- Bonus rewards need to be activated every quarter
- Listed spending categories can be limiting to cardholders
- Freeze it®: You can freeze your account on the Discover mobile app or website to prevent new purchases, cash advances, and balance transfers if you misplace your card
- $0 fraud liability guarantee: Discover will not hold you responsible for unauthorized purchases made with your Discover it® Cash Back Credit Card.
- Free FICO® credit score: Your FICO® credit score, key factors, and other credit information are available on Discover.com and your statement. Note that these are based on data from TransUnion® and may differ from other credit scores and other credit information provided by different bureaus.
- Discover® identity alerts: You can get an alert from Discover on the following: Daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed on your report, daily monitoring of dark websites, and if your Social Security number is found on those sites.
Intro APR
0%
Regular APR
18.24% to 28.24% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 5% cash back in rotating categories for each quarter.
- 1% cash back on all other purchases
Pros
- Premium rewards on rotating bonus categories
- Double your cash back for the first year
- With 0% introductory APR on purchases and balance transfers
Cons
- Bonus rewards are capped at $1,500
- Bonus rewards need to be activated every quarter
- Listed spending categories can be limiting to cardholders
- Freeze it®: You can freeze your account on the Discover mobile app or website to prevent new purchases, cash advances, and balance transfers if you misplace your card
- $0 fraud liability guarantee: Discover will not hold you responsible for unauthorized purchases made with your Discover it® Cash Back Credit Card.
- Free FICO® credit score: Your FICO® credit score, key factors, and other credit information are available on Discover.com and your statement. Note that these are based on data from TransUnion® and may differ from other credit scores and other credit information provided by different bureaus.
- Discover® identity alerts: You can get an alert from Discover on the following: Daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed on your report, daily monitoring of dark websites, and if your Social Security number is found on those sites.
Card highlights:
- Offers 5% cash back in rotating categories each quarter on up to $1,500 in purchases (excluding Walmart and Target purchases) and 1% cash back on all other purchases. Note that activation is required. Here are the rotating categories:
- January to March: Grocery stores, drug stores, and select streaming services (excluding Walmart and Target purchases)
- April to June: Restaurants and wholesale clubs
- July to September: Gas stations and digital wallets
- October to December: Amazon.com and Target
- Charges $0 annual fee
- Comes with 0% APR on purchases for the first 15 months after opening an account
- Gives an unlimited dollar-to-dollar match of all cash back you earn on your first year
How To Use Cash Back Rewards
There are several ways to use your cash back rewards. Typically, cash back can be credited to your statement balance, reducing your credit card bill. Some credit card companies allow you to redeem your cash back rewards as a deposit to your eligible bank account, check by mail, or for travel, gift cards, and merchandise. In other cases, you could also use your cash back to pay for your eligible purchases upon checkout.
The process for redeeming your cash back rewards also varies per card issuer; however, it usually involves the following steps:
- Step 1: Log in to your online banking or rewards portal to check your rewards balance.
- Step 2: Choose how you want to use your cash back from the options provided by the card issuer.
- Step 3: Follow the steps provided on how to redeem your cash back based on your chosen redemption option.
How To Maximize the Benefits of Cash Back Credit Cards
To maximize the benefits of a cash back credit card, consider your spending habits when choosing which type of cash back rewards program works for you:
- If you typically spend on varied expenses, it’s best to choose a fixed-rate cash back credit card so that you won’t have to monitor your expense categories.
- If you know which spending categories you usually spend on the most, a category-based or customized cash back credit card may be the better fit.
- If the offered rotating categories align with your regular expenses, then a rotating cash back credit card may work.
Aside from those, you should consider the following factors to ensure that you get the most out of your cash back credit card:
- Redemption options: When deciding which cash back credit card is right for you, check the redemption options available. Some may want the rewards to be automatically credited to their billing statement, whereas others want to have the freedom to choose how to use their cash back (e.g., for travel, merchandise, and gift cards). Ensure that the options available align with your spending habits and preferences.
- Fees: Consider the fees that come with the card, such as annual, balance transfer, foreign transaction, and late payment fees. See to it that the rewards you earn justify the cost of the card.
- Introductory and ongoing APRs: If you need to make a significant purchase or consolidate your debt from other credit cards, a card with a 0% introductory APR is a good option as it can help you save on credit costs. Also, if you plan to carry a balance to the next billing cycle, choose a card that has a low ongoing APR.
- Other value-adding features: Some credit cards offer more valuable features than others—like protection coverage, travel insurance, robust controls, and accounting integration. Determine which features you need and find a cash back credit card that offers them.
Bottom Line
Cash back credit cards are great for those wanting to get back a percentage of their purchases as rewards without having to calculate the rewards value. You can choose from fixed-rate, category-based, customized, and rotating cash back programs. Ensure you consider factors such as your spending habits, fees, APRs, redemption options, and other features when choosing the cash back credit card that’s right for you.
