Office Depot OfficeMax Business Credit Card Review for 2023
This article is part of a larger series on Best Small Business Credit Cards.
Office Depot® OfficeMax® Business Credit Card, issued by Citibank N.A., is best for those who shop at Office Depot and OfficeMax frequently, with credit scores that range from 640 to 850. It offers a $50 credit on your first purchase of $150 or more. It also has flexible payment terms, making budgeting easier, especially for those using business credit cards for the first time.
To see how this card stacks up against others we have reviewed on our site, click Add to Compare on a card below and select up to two additional cards for comparison.
Office Depot® OfficeMax® Business Credit Card
BEST FOR:
Those who regularly make purchases at Office Depot and OfficeMax
Intro APR
None
Regular APR
20.80% to 29.99% non-variable
Annual Fee
$0
Credit Needed
Fair
- 2% back on supplies, furniture, technology, and other eligible items
- Members-only savings that are only available to Rewards members, such as 100% back in rewards on batteries and 20% back in rewards on qualifying purchases
- $2 in rewards if you recycle both your ink and toner cartridges (with a minimum $10 purchase and up to 10 cartridges per month)
Pros
- With rewards for new and existing cardholders
- Available to applicants with Fair credit
Cons
- With high ongoing APR
Need for you to be enrolled in the Rewards - Program to get cashback rewards
- Can only be used at Office Depot and OfficeMax stores
- Office Depot® OfficeMax® Rewards Program: A free program where active members can get up to 2% cashback in rewards on their go-to supplies, furniture, equipment, and more.
- Itemized billing statements: Office Depot provides relevant information that can help business owners do proper budget allocation and forecasting of expenses when using their credit cards.
Intro APR
None
Regular APR
20.80% to 29.99% non-variable
Annual Fee
$0
Credit Needed
Fair
- 2% back on supplies, furniture, technology, and other eligible items
- Members-only savings that are only available to Rewards members, such as 100% back in rewards on batteries and 20% back in rewards on qualifying purchases
- $2 in rewards if you recycle both your ink and toner cartridges (with a minimum $10 purchase and up to 10 cartridges per month)
Pros
- With rewards for new and existing cardholders
- Available to applicants with Fair credit
Cons
- With high ongoing APR
Need for you to be enrolled in the Rewards - Program to get cashback rewards
- Can only be used at Office Depot and OfficeMax stores
- Office Depot® OfficeMax® Rewards Program: A free program where active members can get up to 2% cashback in rewards on their go-to supplies, furniture, equipment, and more.
- Itemized billing statements: Office Depot provides relevant information that can help business owners do proper budget allocation and forecasting of expenses when using their credit cards.
When grading business credit cards like the Office Depot® OfficeMax® Business Credit Card, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing annual percentage rates (APRs), and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 13 | 30 |
Introductory Rewards | 12 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 10 | 15 |
Introductory APR | 0 | 10 |
Ongoing APR | 5 | 10 |
Total Score | 55 | 100 |
Who the Office Depot® OfficeMax® Business Credit Card Is Best For
- Those who purchase office supplies regularly at Office Depot and OfficeMax: Cardholders who regularly shop for office supplies at Office Depot and OfficeMax will receive exclusive offers and special savings.
If this card isn’t the best fit for your business, see our recommended alternatives below.
Office Depot® OfficeMax® Business Credit Card Fees
- Ongoing on purchases: 23.99%
- Method of computing the balance: Daily (including new purchases)
- Annual fees: None
- Minimum interest charge: $2
- Late payment fees:
- $15 on balances up to $100
- $29 on balances of $100 to $250
- $39 on balances of $250 and over
- Returned payment fee: $39
Your due date is at least 20 days if you pay the total balance in full by the due date every billing period.
- Online: Business owners can manage their credit cards online.
- Phone: Call (800) 729-7744, Monday through Friday, 8 a.m. to 7 p.m. Eastern time.
- Mail: You can mail your payment to:
Office Depot OfficeMax
PO Box 78004
Phoenix, AZ 85062-8004
Office Depot® OfficeMax® Business Credit Card Rewards
Business owners can apply for the Office Depot® OfficeMax® Rewards Program for free. It offers the following benefits:
- $50 off on your first purchase of $150 or more (through statement credit) within the first 60 days of opening an account
- 2% back on supplies, furniture, technology, and other eligible items
- Members-only savings available to Rewards members, such as 100% back in rewards on batteries and 20% back in rewards on qualifying purchases
- $2 in rewards if you recycle both your ink and toner cartridges (with a minimum $10 purchase and up to 10 cartridges per month)
- Rewards for product reviews on up to a maximum of three reviews per month
You can unlock VIP status by spending $500 or more within a 365-day period. Those with VIP status can earn the following rewards:
- 2% back on eligible items; once you spend $500 in a 12-month period, you become a VIP member
- 5% in rewards on ink, toner, paper, and print services
- Free delivery with no minimum purchase required (excludes most furniture, oversize items, and special order items)
- Exclusive VIP perks, such as birthday offers
Rewards earned through the program are issued as a rewards certificate and can only be redeemed at an Office Depot or OfficeMax store. Note that reward certificates cannot be used on purchases of any gift or prepaid cards and can be redeemed up to a limit of three (3) transactions in-store per day.
Office Depot® OfficeMax® Business Credit Card Features
- Itemized billing statements: Office Depot provides relevant information that can help business owners do proper budget allocation and forecasting of expenses when using their credit cards.
- Flexible payments: Take advantage of flexible payment options: Carry a balance or choose to pay in full. Learn more about this feature by visiting an Office Depot OfficeMax store or by calling (800) 729-774.
Office Depot® OfficeMax® Business Credit Card Alternatives
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Is a great choice if you both want a 0% introductory period for purchases and balance transfers (for the first 15 billing cycles) and cash back rewards
- Does not charge annual fees
- Lets you earn 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, cell phone service providers, and restaurants, and 1% cash back on all other eligible purchases
- Is on our lists of the:
Emburse Spend Card
- Is a great option for those wanting a business prepaid card with rewards
- Offers unlimited 1% cash back on all purchases
- Does not charge fees for domestic transactions and adding virtual and physical cards
- Lets you deposit up to a maximum of $100,000
- Is in our lists of the:
Capital One® Spark® Classic for Business
Capital One® Spark® Classic for Business
BEST FOR:
Those with fair credit
Intro APR
N/A
Regular APR
30.49% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Intro APR
N/A
Regular APR
30.49% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
- Is best suited if you have fair credit and do not want annual, balance transfer, and foreign transaction fees
- Lacks 0% introductory APR for purchases and balance transfers
- Lets you earn unlimited 1% cash back on all purchases, with no minimum to redeem
- Is in our roundup of the:
Bottom Line
Office Depot® OfficeMax® Credit Card is a small business credit card best for those who frequently shop at Office Depot and those with fair credit who are trying to build their credit scores. Keep in mind that you cannot use this card to make purchases at other merchants.
