Small businesses are the backbone of any economy. They contribute immensely to the growth and development of a country. To keep a small business running, a business owner needs to stay on top of their finances. One way to do so is by getting a business credit card. Not only does it help the business owner keep their personal and business expenses separate, but it also gives them an opportunity to earn rewards and cashback for every dollar spent. In this article, we will talk about five of the best small business credit cards for cash back rewards.
1. Chase Ink Business CashSM Credit Card
Chase Ink Business CashSM Credit Card offers a great cashback on purchases made by small businesses. It offers 5% cashback on purchases made on office supplies, internet, cable, and phone services. Additionally, it offers a 2% cashback on purchases made at gas stations and restaurants. For every other purchase, it offers a 1% cashback. Moreover, it offers a sign-up bonus of $500 after making a purchase of $3,000 within the first three months of opening the account.
2. American Express Blue Business CashTM Card
American Express Blue Business CashTM Card offers a great cashback for small businesses looking for a credit card. It offers a flat cashback of 2% on all purchases made up to $50,000 per year. After that, it offers a cashback of 1% on all purchases. Moreover, it offers an instant cashback on purchases made at select business partners like Dell, HP, and Fedex.
3. Capital One Spark Cash for Business
Capital One Spark Cash for Business offers a great cashback on all purchases made by small businesses. It offers a flat cashback of 2% on all purchases. Additionally, it offers a sign-up bonus of $500 after spending $4,500 within the first three months of opening the account.
4. Bank of America Business Advantage Cash Rewards Mastercard
Bank of America Business Advantage Cash Rewards Mastercard offers a great cashback on purchases made by small businesses. It offers a cashback of 3% on purchases made at gas stations and office supply stores. Additionally, it offers a cashback of 2% on purchases made at restaurants. For every other purchase, it offers a cashback of 1%. Moreover, it offers a sign-up bonus of $300 after spending $3,000 within the first 90 days of opening the account.
5. CitiBusiness AAdvantage Platinum Select World Mastercard
CitiBusiness AAdvantage Platinum Select World Mastercard offers a great cashback on purchases made by small businesses. It offers a sign-up bonus of 70,000 miles after making a purchase of $4,000 within the first four months of opening the account. Additionally, it offers a cashback of 2 miles for every $1 spent on purchases made at American Airlines, gas stations, and restaurants. For every other purchase, it offers a cashback of 1 mile for every dollar spent. Moreover, it offers a 25% discount on inflight purchases made on American Airlines.
In conclusion, choosing the right credit card for a small business is crucial for managing finances efficiently. By picking one with the right rewards and cashback, businesses can earn a significant amount of money back on their purchases. Whether it is cashback or miles, small businesses have a variety of options to choose from, so they can select the one that best suits their needs.
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