The best cash back business credit cards of 2020

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In a Nutshell

The best cash back business credit cards give you the flexibility of cash back rewards that you can use for your business. Whether your credit is in great shape or needs work, one of our top picks could be a good fit for you.

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These offers are no longer available on our site: Ink Business Cash℠ Credit Card, Bank of America® Business Advantage Cash Rewards Mastercard® credit card, American Express® Blue Business Cash Card, Capital One® Spark® Classic for Business

With a cash back small-business credit card, you can drive your cash back rewards back into your business or use them for something else entirely — it’s your choice. Here are our top picks to help you find the right fit for your company.



Best for everyday business expenses: Ink Business Cash℠ Credit Card

From our partner

Ink Business Cash℠ Credit Card

From cardholders in the last year

Here’s why: The Ink Business Cash℠ Credit Card offers 5% cash back on the first $25,000 spent in combined purchases each account anniversary year on internet, cable and phone services as well as office supply stores (then 1%).

You’ll also earn 2% cash back on the first $25,000 spent in combined purchases each account anniversary year at gas stations and restaurants (then 1%). And you’ll earn 1% back on all other purchases.

The cash back categories on this card make it ideal for the business owner who spends a lot on these everyday enterprise expenses.

You’ll earn $500 cash back after you spend $3,000 on purchases in the first 3 months after account opening. The card also offers a 0% purchase APR for 12 months from account opening, after which the variable APR is 14.74% - 20.74%.

You can use your cash back rewards as a statement credit or direct deposit to most U.S. checking and savings accounts. Alternatively, you can use your points to buy gift cards, purchase Apple products or book travel. The card has no annual fee, which means you can start netting cash back right away and don’t have to spend a certain amount each year to offset the annual fee.

Check out our review of the Ink Business Cash℠ Credit Card to get more details and determine if it’s right for you.

Best for flexible rewards options: Bank of America® Business Advantage Cash Rewards Mastercard® credit card

From our partner

Here’s why: With the Bank of America® Business Advantage Cash Rewards Mastercard® credit card , you’ll get to choose your 3% bonus rewards category from a list of options, including gas stations, office supply stores, travel, TV/telecom and wireless, computer services or business consulting services.

You’ll also earn 2% cash back on dining and 1% cash back on all other purchases. The only caveat is that the card’s bonus rewards (the 3% and 2%) are capped at $50,000 in combined purchases each calendar year. After that, you’ll earn just 1% back on everything.

That said, if you’re a Preferred Rewards for Business member, you can earn 25% to 75% more rewards.

You can get your cash rewards as a deposit into a Bank of America checking or savings account, a statement credit for the credit card or a paper check.

The card offers an introductory 0% APR on purchases for the first nine billing cycles from account opening. After that, the regular APR for purchases is a variable 13.74% - 23.74%.

The Bank of America® Business Advantage Cash Rewards Mastercard® credit card charges a $0 annual fee.

Best for a flat rate and no annual fee: American Express® Blue Business Cash Card

Here’s why: American Express® Blue Business Cash Card isn’t the only small-business credit card that offers 2% cash back, but this card has an advantage — unlike some credit cards that waive the annual fee only for the first year, this card doesn’t charge an annual fee.

Just keep in mind that the rewards rate applies only to the first $50,000 spent on eligible purchases each calendar year. After that, you’ll earn just 1% back on purchases. Your cash back will be automatically credited to your statement. There are no other redemption options, but it’s nice to not have to actively jump through hoops to get your cash back.

As a new cardholder, you won’t get a welcome bonus. But the card does offer an introductory 0% APR on purchases and balance transfers for the first 12 months. Once the intro period is over, the card has a variable 13.24% - 19.24% APR for both purchases and balance transfers. Balance transfers must be completed within 60 days of account opening to receive the intro balance transfer APR offer. And you’ll be charged a balance transfer fee of 3% (minimum $5) of the amount transferred (whichever is greater), regardless of when you transfer the balance.

The card also lets you makes purchases above your spending limit without your needing to call in advance for permission or having to pay an over-limit fee. The only catch is that you have to pay off any amount you spend above your credit limit in full each month as part of your minimum payment. And American Express could curb the amount you’re allowed to spend over your credit limit — it adjusts based on your payment history, credit records and other factors.

Best for average credit: Capital One® Spark® Classic for Business

From our partner

Here’s why: It can be tough to qualify for a rewards business credit card without healthy credit. But with the Capital One® Spark® Classic for Business , you may get approved with what Capital One considers average credit — which Capital One defines as having defaulted on a loan in the past five years or having limited credit history.

The card offers 1% cash back on every purchase, which isn’t as generous as what some of the other best cash back business credit cards offer — but it could be good to have while you’re working on building your business credit. You can redeem your cash back as a statement credit or paper check.

You’ll want to avoid carrying a balance on the card if possible, because it has a variable APR of 24.74% on purchases.

This card has no annual fee.

Best for building credit: Wells Fargo Business Secured Credit Card

Here’s why: If your business credit doesn’t exist at all or is in rough shape, a secured card may be your best option. The Wells Fargo Business Secured Credit Card offers 1.5% cash back for every $1 spent on net purchases, and it may help you build business credit.

This card is interesting because it offers two rewards programs to choose from. The first is cash back, which we covered. If you choose the cash back option, you can receive your cash back as a credit to your account or to an eligible checking or savings account each quarter.

The second option is reward points, where you can earn one point per $1 spent on net purchases, plus 1,000 bonus points when your company spends $1,000 or more in any monthly billing period. You can redeem points for gift cards, merchandise, airline tickets and more.

Because this is a secured card, you’ll need to make a deposit with Wells Fargo to secure your line of credit, which can range from $500 to $25,000, based on the amount you deposit. Also, the card has a $25 annual fee. The variable purchase APR is the prime rate plus 11.90%.

If you’re thinking about getting the card, read our comparison of all Wells Fargo business credit cards.


How we picked these cards

Cash back rewards are relatively straightforward, so you don’t have to worry about complicated redemption options and rates. But small-business owners are typically interested in finding a card that will give them the most bang for their buck.

As a result, we focused mostly on credit cards that don’t charge annual fees — and if they do, they offer value that can help make up for it. We also looked at other valuable card features, including welcome bonuses, introductory 0% APR offers and accessibility for small-business owners with less-than-stellar credit.

These features give you more options based on your credit situation and the chance to squeeze value out of your new card through more than just the rewards program.

How to make the most of the best cash back business credit cards

Because these cards offer straightforward rewards, the most important thing is to focus on which card will give you the most rewards for your expenses. Think about where you spend the most and consider a card that offers bonus rewards on those purchases.

If you don’t spend a lot in any one area, consider applying for a card that offers a high rewards rate on all of your business purchases instead. Watch out for rewards caps, though. If your business spends a lot, you may be better off with a card that offers unlimited rewards — even if it comes with an annual fee.

Finally, if you plan to take advantage of an introductory 0% APR promotion, make it a goal from the start to pay off your balance before the promotional period ends. A lot of these cards charge high APRs, and if you carry a balance from month to month, interest charges can cut a chunk out of the value you could gain from your card each month.