Best Cash Back Business Credit Cards

Running a small business means watching every dollar, especially when it comes to overhead and operational expenses. Cash back business credit cards are a great way to earn rewards on everyday purchases, helping you save money that can be reinvested into your business. With the right card, you can earn cash back on everything from office supplies to client dinners, while keeping costs down—especially when there’s no annual fee involved.

In this guide, we’ll walk through the top cash back business credit cards for 2024, helping you choose the right one to maximize your savings.

Why Choose a Cash Back Business Credit Card

Choosing a cash back business credit card is all about getting more value from your day-to-day business spending. Every time you pay for supplies, fuel up the company car, or take a client out for lunch, you could be earning cash back. This means more money in your pocket, without any extra effort. For small businesses with tight budgets, a cash back credit card is one of the simplest ways to reduce costs and stretch every dollar.

Best Cash Back Business Credit Cards for 2024

Here are the top cash back business credit cards you should consider in 2024:

1. Ink Business Cash® Credit Card

Best for office supply and internet spending

If your business spends heavily on office supplies or internet services, the Ink Business Cash® Credit Card could be the perfect fit. With high cash back rates in key spending categories and no annual fee, it’s built to help you save on the purchases your business makes most often.

Why It’s a Great Pick:

• Generous Cash Back: Earn 5% cash back on the first $25,000 spent annually at office supply stores and on internet, cable, and phone services. You’ll also get 2% cash back on the first $25,000 spent at gas stations and restaurants each year.
• Sign-Up Bonus: You can earn $350 after spending $3,000 in the first three months, and another $400 after spending $6,000 within six months of opening your account.
• No Annual Fee: Keep all your rewards without worrying about paying an annual fee (See Rates & Fees).

Things to Keep in Mind:

• Spending Caps: The 5% and 2% cash back categories are capped at $25,000 each year. After hitting the cap, you'll earn 1% on all additional purchases.

Real-Life Scenario: If you’re a small business owner who spends heavily on office supplies and tech services, this card’s cash back rates can help you trim those costs without an annual fee cutting into your savings.

Explore the Ink Business Cash® Credit Card

2. Capital One Spark Cash Select for Excellent Credit

Best for simple, unlimited rewards

For small businesses that value simplicity, the Capital One Spark Cash Select for Excellent Credit offers unlimited 1.5% cash back on every purchase, making it a no-hassle option. There are no spending categories or limits to keep track of—just straightforward rewards on everything you buy.

Why It’s a Great Pick:

• Unlimited Cash Back: Earn 1.5% cash back on all purchases, with no limits or category restrictions.
• $500 Bonus: Earn a $500 bonus after spending $4,500 in the first three months.
• No Annual Fee: Enjoy all these perks without an annual fee (See Rates & Fees).

Things to Keep in Mind:

• Travel Perks: You’ll also earn 5% cash back on hotels and rental cars booked through Capital One Travel, making it great for businesses that frequently travel.

Real-Life Scenario: If you want a straightforward card that rewards all your spending equally and without restrictions, this card is a perfect match. It's ideal for businesses with diverse spending needs.

Explore the Capital One Spark Cash Select for Excellent Credit

3. The American Express Blue Business Cash™ Card

Best for businesses with moderate spending

If your business makes steady, everyday purchases, the American Express Blue Business Cash™ Card offers reliable rewards, giving you 2% cash back on the first $50,000 spent each year. Plus, with no annual fee, it's an affordable option for small businesses looking to save.

Why It’s a Great Pick:

• Simple Rewards: Earn 2% cash back on all eligible purchases up to $50,000 per year, then 1% after that.
• 0% Intro APR: Enjoy 12 months of 0% intro APR on purchases, perfect for financing larger business expenses (17.99% to 25.99% APR after the intro period; See Rates & Fees).
• No Annual Fee: Keep more of what you earn with no annual fee to worry about.

Things to Keep in Mind:

• Annual Cap: The 2% cash back rate is capped at $50,000 annually, after which you’ll earn 1%.

Real-Life Scenario: If you run a small business with consistent expenses across multiple categories, this card offers an easy way to earn solid rewards without worrying about complicated bonus categories or fees.

Explore The American Express Blue Business Cash™ Card

4. Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®

Best for Bank of America customers

If you already bank with Bank of America, this card offers perks beyond its 1.5% cash back rate. By joining their Preferred Rewards program, you can boost your cash back rate and take advantage of other banking benefits.

Why It’s a Great Pick:

• Unlimited Cash Back: Earn 1.5% cash back on all purchases, with no caps or categories to track.
• Sign-Up Bonus: Get a $300 statement credit when you spend at least $3,000 within 90 days of opening your account.
• No Annual Fee: Enjoy these rewards with no annual fee (See Rates & Fees).

Things to Keep in Mind:

• Enhanced Rewards: If you’re a Preferred Rewards for Business Platinum Honors member, you can earn up to 2.62% cash back on all purchases.

Real-Life Scenario: If you’re already a Bank of America customer, this card makes it easy to earn cash back on every purchase while taking advantage of other banking perks.

Explore the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®

How to Select the Right Cash Back Business Credit Card

When choosing a cash back business credit card, consider how your business spends. Do you make frequent purchases in certain categories like office supplies or travel? Or do you want a card that earns rewards on every purchase without worrying about categories? Compare cash back rates, any annual fees, and other perks to find the card that fits your business’s needs.

Benefits of Cash Back Business Credit Cards

Cash back business credit cards offer more than just rewards—they can help you improve cash flow, simplify expense tracking, and give you access to helpful tools like employee cards and expense management software. Plus, since many of these cards come with no annual fee, the savings go straight to your bottom line.

Potential Drawbacks to Consider

While cash back business cards can be highly beneficial, there are a few potential downsides to keep in mind. Some cards cap the amount of cash back you can earn each year, and others may offer lower rewards rates compared to premium cards with annual fees. Additionally, carrying a balance could offset any rewards you earn if the interest charges add up.

Tips for Maximizing Cash Back Rewards

To get the most out of your cash back business credit card, align your spending with the card’s reward categories, use employee cards to boost your rewards, and always pay off your balance in full to avoid interest charges. Regularly check for rotating categories or special promotions that can help you maximize your rewards even further.

Bottom Line

Cash back business credit cards are an excellent way to save on everyday expenses while earning rewards that can be reinvested in your business. By choosing the right card and using it strategically, you can improve your business’s bottom line and keep more cash in your pocket.

See a business credit card you want? Find out what it takes to get approved in our guide to applying for a business credit card.

After researching dozens of credit card options, we narrowed our list down to 10 business credit cards with cash back rewards programs. We scored these cashback cards on many factors, including interest rates, rewards rates, and fees. Then we used the resulting scores to create our rankings of the best cash back credit cards for business.

The Wells Fargo Business Secured Credit Card is the easiest business credit card to get, since it’s a secured business credit card. That means that you don’t need good credit to qualify―you just need cash to offer as collateral.

The best rewards credit card for business depends on what kind of rewards you want.

For cash back, we think Chase’s Ink Business Cash Credit Card offers the best rewards business credit card. If you prefer points-based rewards, though, you’ll do better with the Blue Business® Plus Credit Card from American Express. And for travel rewards, we recommend Capital One Spark Miles Select for Business.

You can technically use a personal credit card for business expenses, but we don’t recommend it.

Mostly, that’s because it’s an accounting best practice to keep your business and personal finances separate. (Trust us, it makes things way easier come tax time.) But also, personal credit cards tend to reward personal spending (like on groceries or entertainment) more than business spending. If you’re trying to get lots of cash back rewards for your business, you’ll probably do better with a business credit card than a personal credit card.

So while cards like Chase Sapphire, Chase Freedom, and Citi Double Cash are great for personal spending, we recommend using the credit card picks above for your business needs.

Disclaimer

At Business.org, our research is meant to offer general product and service recommendations. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.

Business.org has partnered with CardRatings for our coverage of credit card products. Business.org and CardRatings may receive a commission from card issuers.