Office Depot® OfficeMax® Business Credit Card Review for 2023
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This article is part of a larger series on Best Small Business Credit Cards.
The Office Depot® OfficeMax® Business Credit Card 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 and up. 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:
Office supplies at Office Depot and OfficeMax
Intro APR
None
Regular APR
20.80% to 29.99%
Annual Fee
None
Credit Needed
Fair
- Receive $50 as a statement credit on your first purchase of $150
- Flexible payments or choose pay in full
- Exclusive offers plus sneak previews and special savings
Pros
- No annual fee
- Welcome bonus
- Available to applicants with fair credit
Cons
- High ongoing APR
- Need 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 your 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.
- Multiple cards per account. The Office Depot® OfficeMax® Business Credit Card offers numerous cards within the same statement, thus increasing the number of authorized people who can use the same performance at a given time.
Intro APR
None
Regular APR
20.80% to 29.99%
Annual Fee
None
Credit Needed
Fair
- Receive $50 as a statement credit on your first purchase of $150
- Flexible payments or choose pay in full
- Exclusive offers plus sneak previews and special savings
Pros
- No annual fee
- Welcome bonus
- Available to applicants with fair credit
Cons
- High ongoing APR
- Need 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 your 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.
- Multiple cards per account. The Office Depot® OfficeMax® Business Credit Card offers numerous cards within the same statement, thus increasing the number of authorized people who can use the same performance at a given time.
How We Evaluate Rewards Business 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
- Business owners who purchase office supplies regularly: Cardholders who shop at Office Depot and OfficeMax will receive exclusive offers and special savings.
- New businesses that need to establish credit. Companies that are both corporations and have been running for at least three years with more than $5 million in annual sales are qualified to apply with business-only liability. This card is one of our leading business cards with no personal guarantees.
If this isn’t a good fit for your business, see our guide to the top small business credit cards to find more options.
Office Depot® OfficeMax® Business Credit Card Fees
APR
- Introductory APR: None
- Ongoing APR on purchases: 20.80% to 29.99% nonvariable
- Cash advance: N/A (cash advances aren’t allowed)
- Minimum Interest Charge: $2
Fees
- Annual: None
- Balance transfer: Not applicable—balance transfers aren’t allowed
- Foreign transaction: Not applicable—card cannot be used at other merchants or for international transactions
- Late: $15 on balances up to $100; $29 on balances of $100 to $250; $39 on balances of more than $250
- Returned payment: $39
How To Make Payments on the Office Depot® OfficeMax® Business Credit Card
- 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 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)
- Rewards for product reviews on up to a maximum of three reviews per month
Rewards earned through the program are issued as a rewards certificate and can only be redeemed at an Office Depot or OfficeMax store.
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
Office Depot® OfficeMax® Business Credit Card Additional 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.
- Multiple cards per account: Get additional cards for authorized employees.
- 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.
Pros & Cons of the Office Depot® OfficeMax® Business Credit Card
| PROS | CONS |
|---|---|
| No annual fees | High ongoing APR |
| Business owners with fair credit may qualify | Can only be used at Office Depot and OfficeMax Stores |
| Signup bonus of $50 on your first purchase of $150 and up | Enrollment in the Rewards Program is required to earn full rewards |
Office Depot® OfficeMax® Business Credit Card Alternatives
Chase Ink Business Cash®
Ink Business Cash® 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:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
17.74% - 23.74% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other 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.
- No 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 sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the 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 less.
Intro APR
0% Intro APR on Purchases
Regular APR
17.74% - 23.74% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other 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.
- No 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 sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the 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 less.
- Chase Ink Business Cash® card is especially good for startups that have recurring expenses for office supplies, internet, cable, and phone
- Offers 5% cash back every account anniversary year on purchases up to $25,000, 2% cash back on the first $25,000 spent at gas stations and restaurants, and 1% cash back on all other purchases
- Is our best business credit card for startup businesses
Capital One® Spark® Classic
Capital One® Spark® Classic for Business
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 fair credit
Intro APR
N/A
Regular APR
29.74% (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
29.74% (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.
- Capital One® Spark® Classic is ideal for business owners with fair credit
- Helps you grow your credit score with consistent on-time payments
- Comes with no annual fee
- Offers a fixed-rate 1% cash back on all business purchases with no limits or spend categories, and rewards never expire
- Is our leading business credit card for fair credit
Amazon Business American Express Card
Amazon Business American Express 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:
3% back or 60-day repayment terms
Intro APR
N/A
Regular APR
18.99% - 26.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Get a $100 Amazon Gift Card upon approval for the Amazon Business American Express Card.
- Take advantage of 3% Back or 60 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market. You will earn 3% 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
- $0 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.
- With rewards that don’t expire, you choose when to redeem. 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
- $100 Amazon gift card upon approval: You get a $100 Amazon gift card as a signup reward upon approval, without the need to meet any spending requirement.
- No annual fee: You can enjoy earning rewards or 60-day interest-free terms on your purchases at US Amazon-owned companies without having to pay annual fees.
- No need for Amazon Prime membership: Anyone who shops frequently at Amazon can apply for an Amazon Business American Express Card, including those who aren’t Amazon Prime members.
Cons
- Short 0% APR period: You can only enjoy interest-free financing on Amazon purchases for a 60-day term, which is shorter compared to most business credit cards’ introductory rates.
- 3% back only applies on the first $120,000: You can earn 3% back only on the first $120,000 in purchases each calendar year—after that, you will earn 1% back, which is meager compared to other points-based rewards business credit cards.
- Balance transfers aren’t allowed: This card doesn’t allow balance transfers, which is a disadvantage if you need to transfer a balance from another card.
- Return protection: If a merchant doesn’t accept a return of an item in original purchase condition within 90 days of purchase, American Express will refund cardholders up to $300 per item and up to a maximum of $1,000 per cardmember, per calendar year
- Baggage insurance: If your 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
- Extended warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than two years; American Express provides an additional two years if the original manufacturer’s warranty is between two 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
Intro APR
N/A
Regular APR
18.99% - 26.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Get a $100 Amazon Gift Card upon approval for the Amazon Business American Express Card.
- Take advantage of 3% Back or 60 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market. You will earn 3% 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
- $0 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.
- With rewards that don’t expire, you choose when to redeem. 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
- $100 Amazon gift card upon approval: You get a $100 Amazon gift card as a signup reward upon approval, without the need to meet any spending requirement.
- No annual fee: You can enjoy earning rewards or 60-day interest-free terms on your purchases at US Amazon-owned companies without having to pay annual fees.
- No need for Amazon Prime membership: Anyone who shops frequently at Amazon can apply for an Amazon Business American Express Card, including those who aren’t Amazon Prime members.
Cons
- Short 0% APR period: You can only enjoy interest-free financing on Amazon purchases for a 60-day term, which is shorter compared to most business credit cards’ introductory rates.
- 3% back only applies on the first $120,000: You can earn 3% back only on the first $120,000 in purchases each calendar year—after that, you will earn 1% back, which is meager compared to other points-based rewards business credit cards.
- Balance transfers aren’t allowed: This card doesn’t allow balance transfers, which is a disadvantage if you need to transfer a balance from another card.
- Return protection: If a merchant doesn’t accept a return of an item in original purchase condition within 90 days of purchase, American Express will refund cardholders up to $300 per item and up to a maximum of $1,000 per cardmember, per calendar year
- Baggage insurance: If your 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
- Extended warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than two years; American Express provides an additional two years if the original manufacturer’s warranty is between two 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
- Amazon Business American Express Card is best for those who frequently shop at Amazon but without a Prime membership
- Can be used at Amazon Business, Amazon.com, Amazon Go, and other Amazon-affiliated stores, as well as other merchants that accept American Express
- Has no annual fee and offers a $100 Amazon Gift Card upon approval
- Offers 60-day term or 3% back on United States purchases at Amazon.com, Amazon Business, Amazon Web Services (AWS), and Whole Foods Market on the first $120,000 in purchases each calendar year, 1% back thereafter
- Lets you earn 2% back at US restaurants, US gas stations, and on wireless telephone services purchased directly from US service providers, and 1% on all other purchases
- Is one of our top business credit cards for Amazon purchases
Bottom Line
The 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.
