Best Cash Back Business Credit Cards Of July 2022

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: 1.5% cash back rewards on every business purchase

Welcome Bonus: $750 bonus cash back after spending $7,500 on purchases in the first 3 months from account opening

Annual Fee: $0

Other Benefits and Drawbacks: Earning a consistent rate of cash back for each dollar spent with no annual fee is a winning proposition for business owners who want to earn easy rewards without hassle. You can redeem your earnings for statement credits, gift cards, travel and more. Or take the rewards 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 earnings as flexible Chase Ultimate Rewards®. Points could then be redeemed for travel for 25% to 50% more value, depending on which card you have, or you could transfer your points at a 1:1 rate to travel partners including United and Hyatt.

Designed for businesses with over a million dollars in annual sales, the Wells Fargo Business Elite Signature Card* comes bursting with travel perks and protections for a card with an annual fee of $125 annual fee (waived first year).

Rewards: 1.5% cash back per dollar spent or earn 1 point per dollar spent and receive 5,000 bonus points when the company spend is $10,000 or more in any monthly billing period

Welcome Bonus: $1,000 one-time cash back bonus or 100,000 bonus points after spending $15,000 in the first three months of account open date

Annual Fee: $125 annual fee (waived first year)

Other Benefits and Drawbacks: The card offers an annual up to $100 travel incidental fee reimbursement and up to 200 free employee cards. But don’t be fooled by the “elite” in its name as this card doesn’t offer plush perks like lounge access or a TSA PreCheck/Global Entry fee waiver.

The Ink Business Cash® Credit Card comes with lucrative earning categories at high rewards caps. Since there’s no annual fee, you don’t have to worry about spending enough to break even on the annual fee. Anyone who spends in areas typical to a business may find this card makes a good match for their expenditures.

Rewards: 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 Bonus: $750 bonus cash back after spending $7,500 on purchases in the first 3 months from account opening

Annual Fee: $0

Other Benefits and Drawbacks: The biggest potential drawback is that there are caps in the bonus categories. If you spend a ton of money on business purchases in the elevated earnings categories each year, you might ultimately earn more with a flat-rate earnings card.

The Amazon Business Prime American Express Card* is a logical choice for businesses that either buy a lot from the online store, spend a lot on the Amazon Web Service cloud platform or both. That’s because it earns high rewards on spending within the Amazon ecosystem and decent rewards on other areas of spending too. Or, opt for no-interest financing instead of rewards and buy yourself some time to pay off a large purchase.

Rewards: 5% back in rewards or 90 Days Terms on eligible U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with an eligible Prime membership. The 5% reward rate applies to the first $120,000 in purchases each calendar year. Earn 2% at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other purchases

Welcome Bonus: Amazon.com gift card upon approval for the Amazon Business Prime American Express Card

Annual Fee: $0

Other Benefits and Drawbacks: You can use your rewards towards more purchases on Amazon or take as a statement credit towards previous purchases. But if your spending doesn’t align with the bonus categories on this card or you simply don’t want to have the Business Prime membership required to apply for this card, seek another option.

The American Express Blue Business Cash™ Card (Terms apply, see rates and 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 a year.

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

Welcome Bonus: $250 statement credit after making $3,000 in purchases within 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 U.S. Bank Business Triple Cash Rewards World Elite Mastercard® comes with generous rewards on typical areas of business spending and comes with a 0% introductory APR on purchase and balance transfers for 15 billing cycles, followed by a regular variable APR of 15.49% - 24.49%. There's a balance transfer of either 3% of the amount of each transfer or $5 minimum, whichever is greater. An intro offer on both purchases and balance transfers is uncommon for a business credit card.

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

Welcome Bonus: $500 in cash back after spending $4,500 in the first 150 days of opening an 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.

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

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

Welcome Bonus: $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 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 small business owners who have an existing banking relationship with Bank of America or Merrill and can achieve the Platinum level in the Preferred Rewards program, this card becomes best-in-class.

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

Welcome Bonus: $300 statement credit online bonus after making at least $3,000 in net purchases within 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 spending cap.

But 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 25% to 75% more rewards for each dollar they spend on their Bank of America rewards cards.

The Wells Fargo Business Platinum Credit Card* has a unique choose-your-own-rewards-adventure structure. Holders of the card can either earn a flat cash back rate or opt to earn one rewards point for every dollar spent. For those who choose to earn points and spend at least $1,000 in qualifying purchases, you’ll earn an additional 1,000 bonus points per billing cycle. If you typically spend less than $1,000 or more than $2,000 a month on a credit card, the flat rate is likely a better choice.

Rewards: choose your rewards: Cash Back or Rewards Points. Cash Back option: Earn 1.5% cash back on every $1 spent; Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period

Welcome Bonus: $300 cash back bonus or 30,000 bonus points after enrolling in the Business Card Rewards Program and spending $3,000 in the first three months of account open date

Annual Fee: $0

Other Benefits and Drawbacks: Having to choose which rewards structure you want can be a nuisance, especially if you aren’t sure what your average monthly spend will be. But if you know which style will work best for you, that’s a moot point. You’ll get up to 99 additional employee cards for free and for those who choose to receive points, a 10% rebate when you redeem your earnings online.