For businesses that value simplicity and flat-rate cash back on every dollar spent, the following cards stand out for their strong earning potential, attractive welcome bonuses, and unique benefits. Here’s a breakdown of some of the best options available today:
1. Ink Business Unlimited® Credit Card
- Cash Back Rate: Unlimited 1.5% cash back on every purchase.
- Welcome Bonus: Earn $750 cash back after spending $6,000 in the first three months.
- Other Perks: No annual fee and access to Chase Ultimate Rewards, giving you the flexibility to redeem cash back for travel, gift cards, or statement credits.
- Pro Tip Chase Pairing: Combine it with an Ink Business Preferred® Credit Card or on the personal side a Chase Sapphire Preferred® Card or Chase Sapphire Reserve®. Cash back converts into Chase Ultimate Rewards®, which can be transferred to partners like Hyatt, United, and Southwest. Alternatively, book travel through Chase Travel at 1.25–1.5 cents per point (depending on the pairing card).
2. American Express Blue Business Cash™ Card
- Cash Back Rate: Earn 2% cash back on all eligible purchases, up to $50,000 per calendar year (then 1%).
- Welcome Bonus: Earn a $250 statement credit after you spend $3,000 in the first three months.
- Other Perks: No annual fee and dynamic spending power that adapts to your business’s needs. Additional benefits include purchase protection and extended warranties on eligible purchases.
- Welcome Bonus: Offers a welcome bonus (amount varies by offer period).
- Other Perks: No annual fee and access to valuable Amex perks like purchase protection and roadside assistance.
Best Business Card? Look no further
The Points Mom’s Got It!
3. Capital One Spark Cash Plus
- Cash Back Rate: Unlimited 2% cash back on every purchase.
- Welcome Bonus: Earn a $2,000 cash bonus when you spend $30,000 in the first 3 months. Earn an additional $2,000 bonus for every $500,000 spent in the first year.
- Other Perks: No preset spending limit, but you must pay the balance in full each month. The annual fee is $150, which is easily offset if your business spends heavily.
- Pro Tip Capital One Pairing: Combine it with a Capital One Spark Miles for Business. From there, points can be redeemed for travel at 1 cent each or transferred to airline and hotel loyalty partners for even greater value.
4. Capital One Spark Cash
- Cash Back Rate: Unlimited 2% cash back on every purchase.
- Welcome Bonus: Earn $750 after spending $7,500 in the first three months.
- Other Perks: $95 annual fee, waived for the first year. It’s a straightforward card with no foreign transaction fees, ideal for businesses with consistent spending needs.
- Pro Tip Capital One Pairing: Combine it with a Capital One Spark Miles for Business. From there, points can be redeemed for travel at 1 cent each or transferred to airline and hotel loyalty partners for even greater value.
5. Capital One Spark Cash Select
- Cash Back Rate: Unlimited 1.5% cash back on every purchase.
- Welcome Bonus: Earn $500 after spending $4,500 in the first three months.
- Other Perks: No annual fee and no foreign transaction fees, making it great for small business owners who want simple rewards without additional costs.
- Pro Tip Capital One Pairing: Combine it with a Capital One Spark Miles for Business. From there, points can be redeemed for travel at 1 cent each or transferred to airline and hotel loyalty partners for even greater value.
Choosing the Right Card for Your Business
- Top Cash Back Rate: The Capital One Spark Cash Plus and Capital One Spark Cash both offer unlimited 2% cash back, with the Plus version catering to businesses that can handle a charge card.
- No Annual Fee: The Chase Ink Business Unlimited® and Discover it® Business Cash Back are strong options for businesses looking to earn cash back without paying an annual fee.
- High Spending Power: The American Express Blue Business Cash™ Card is perfect for businesses spending up to $50,000 annually at 2% cash back, while offering flexibility for growing expenses.
By selecting the right card for your business’s spending habits, you can earn significant cash back on every purchase, making these cards essential tools for maximizing your company’s savings.
