Best Cash-Back Business Credit Cards Of April 2024

The Capital One Spark Cash Plus* is a pay-in-full card that offers a straight 2% cash-back bonus on your purchases. You won’t be subject to a pre-set spending limit, allowing you to have access to capital for your growing business needs.

Rewards: Earn 2% cash back on every purchase and 5% cash back on hotels and rental cars booked through Capital One Travel.

Welcome offer: Earn $1,200 cash bonus after spending $30,000 in the first three months.

Annual fee: $150

Other benefits and drawbacks: The welcome offer for this card is one of the highest on this list, but it comes with a hefty minimum spending requirement. The card does come with an annual fee, but big spenders will get it refunded each year that they spend at least $150,000 in purchases. The card includes roadside assistance, no foreign transaction fees and extended warranty protection on eligible items purchased with the card.

The Spark Cash Select from Capital One* is a cash-back card that removes complications and roadblocks for you and your business. Simply put, you’ll earn 1.5% cash back on all your purchases without categories to worry about or remember. If you book your travel through the Capital One travel portal, you’ll earn unlimited 5% cash back on hotels and rental cars.

When signing up for the card, you’ll have the opportunity to earn a solid welcome bonus. The card also charges no foreign exchange fees and offers virtual card numbers to protect your account while you’re shopping online.

Rewards: Earn 1.5% cash back on every purchase and 5% cash back on hotels and rental cars booked through Capital One Travel.

Welcome offer: Earn a $750 cash bonus after spending $6,000 in the first 3 months of account opening.

Annual fee: $0

Other benefits and drawbacks: If you need cards for your employees, you won’t incur any additional expense getting cards issued for them. This is a great way for you to earn additional cash back from their purchases since the cards are an extension of your account. Other features and benefits include roadside assistance, extended warranty coverage for eligible items you purchase with your card and the ability to lock your card to prevent fraud.

The Ink Business Cash® Credit Card comes with lucrative earning categories but also a cap on rewards. However, since there’s no annual fee, you don’t have to worry about spending enough to break even. Anyone who spends in areas typical to a business—especially if you spend less than $50,000 a year—may find that this card makes a good match.

Rewards: 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 and 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.

Welcome offer: Earn $350 bonus cash back after spending $3,000 on purchases in the first three months and an additional $400 after spending $6,000 on purchases in the first six months after account opening.

Annual fee: $0

Other benefits and drawbacks: The biggest potential drawback is that there are caps on the bonus categories. If your spending exceeds the caps on those categories, you might earn more with a different card.

The Ink Business Unlimited® Credit Card earns flat-rate cash back on all your spending without an annual fee. This card also offers an introductory APR that can help you save money on interest.

Rewards: Earn 1.5% cash back rewards on every business purchase.

Welcome offer: Earn $750 bonus cash back after spending $6,000 on purchases in the first 3 months from account opening.

Annual fee: $0

Other benefits and drawbacks: A card like this that earns a consistent cash-back rate on each dollar spent with no annual fee is a winning proposition for business owners who want easy, hassle-free rewards. You can redeem your earnings for statement credit, gift cards, travel or as straight cash back to use however you want.

If you pair this card with an eligible premium Chase card like the Ink Business Preferred® Credit Card, Chase Sapphire Preferred® Card or Chase Sapphire Reserve®, you’ll unlock the ability to redeem your Chase Ultimate Rewards® points for travel for 25% to 50% more value or transfer them at a 1:1 ratio to travel partners including United MileagePlus and the World of Hyatt.

If you routinely make purchases over $5,000, consider the Ink Business Premier® Credit Card since it gives elevated rewards on large purchases.

Rewards: Earn 5% cash back on travel purchased through Chase Travel℠, 2.5% cash back on purchases of $5,000 or more and 2% cash back on all other purchases.

Welcome offer: Earn $1,000 cash back after spending $10,000 on purchases in the first 3 months from account opening.

Annual fee: $195

Other benefits and drawbacks: The Ink Business Premier® Credit Card is a pay-in-full card, meaning the balance must be paid off on a monthly basis. However, it offers the option to pay for some eligible purchases over time with interest up to what it calls your Flex for Business limit. The card also comes with built-in protections for travel, such as no foreign transaction fees, access to roadside dispatch, cellphone protection, primary auto rental collision damage waiver, free employee cards and more.

The U.S. Bank Triple Cash Rewards Visa® Business Card* comes with generous rewards on typical areas of business spending and comes with a 0% intro APR on purchases and balance transfers for 15 billing cycles, followed by a regular APR of 19.24% - 28.24% variable. A balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater, applies. An intro offer on both purchases and balance transfers is uncommon for a business credit card.

Rewards: Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 3% cash back at gas and EV charging stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible purchases.

Welcome offer: Earn $500 cash back after spending $4,500 in the first 150 days of opening the account.

Annual fee: $0

Other benefits and drawbacks: If the card’s bonus categories don’t align with where your business spends, another card will be a more rewarding choice. Although the balance transfer offer is a nice perk, there is a balance transfer fee. The card includes a $100 credit for businesses that use software subscription services like FreshBooks or QuickBooks.

If your business expenses vary month to month, the U.S. Bank Business Leverage® Visa Signature® Card will adapt by automatically adjusting rewards to maximize the category where you spend the most. The card earns elevated rewards in your top two spending categories each month based on an approved list.

Rewards: Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center, 2% back in the top two categories each month and 1% back per dollar on all other eligible purchases.

Welcome offer: Earn $750 in rewards after spending $7,500 in eligible purchases within the first 120 days of opening your account.

Annual fee: $0 introductory annual fee for the first 12 months, after that $95 per year

Other benefits and drawbacks: There’s no need to opt-in to bonus categories or track where you’re spending the most since the card will automatically adjust to how you spend. Rewards expire five years from the end of the quarter in which they were earned, which can be cumbersome to track. If you consistently spend heavily in more than two categories, you’ll likely fare better with a flat-rate rewards card.

The American Express Blue Business Cash™ Card (terms apply, see rates & fees) is a no-fuss business credit card that lets you earn rewards without an annual fee. Consider this card if you want to earn considerable rewards on all your spending without tracking categories, and you typically spend $50,000 or less per year.

Rewards: Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.

Welcome offer: Earn a $250 statement credit after spending $3,000 in purchases in the first 3 months of account opening.

Annual fee: No annual fee

Other benefits and drawbacks: There’s no annual fee and no over-the-limit worries as The American Express Blue Business Cash™ Card offers flexible spending limits to eligible cardholders if your needs fluctuate from month to month. But a business that routinely spends more than $50,000 in a year would fare better with a card that doesn’t cap earnings rates.

The Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card is an excellent cash-back small business credit card offering generous rewards in a variety of categories of interest to small business owners. For those who have an existing banking relationship with Bank of America or Merrill and can achieve Platinum level in the Preferred Rewards program, this card becomes best-in-class.

Rewards: Earn 3% cash back in the category of choice, 2% cash back on dining purchases and unlimited 1% cash back on all other purchases. Earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year and 1% thereafter.

Welcome offer: Earn a $300 online statement credit after spending $3,000 in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: Earning bonus cash back in popular categories is nice, but keep in mind that you’ll only earn bonus rewards up to a $50,000 spending cap. Still, this card leaps to the front of the pack for Bank of America customers who are part of the Preferred Rewards program. Depending on the total amount a Preferred Rewards member has in their qualifying accounts, they can earn up to 75% more rewards for each dollar spent on their Bank of America rewards cards.