- 10%Cash back on gas, office supplies and cellphone and internet bill payments for 3 months
Get 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months!
Earn 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months.
19.99%-20.99%
22.99%-23.99%
The BMO Cashback Business Mastercard stands out as the top choice because it offers a remarkable 10% cash back on essential business expenses like gas and office supplies for the first three months. This card is ideal for businesses looking to maximize their cash flow without incurring annual fees.
Pros:
- No annual fee
- High cash back on specific categories
Cons:
- Limited time for high cash back
- Cash back categories may not suit all businesses
- 2%Cash back on Gas, Electric Vehicle Charging and Public Transit Purchases
- 0.5%Cash back on all other purchases
Welcome Bonus of 10% in Cash Back Dollars applies to new TD Business Cash Back Visa Card Accounts.
Earn 2% in Cash Back Dollars on Gas, Electric Vehicle Charging and Public Transit Purchases.
19.99%
22.99%
What sets the TD Business Cash Back Visa Card apart is its straightforward cash back structure, offering 2% on essential business expenses like gas and public transit. This card is particularly appealing for businesses that frequently incur these costs, maximizing their rewards without an annual fee.
Pros:
- No annual fee
- High cash back on gas and transit
Cons:
- Lower cash back on other purchases
- Limited to specific categories for higher rewards
- 1.25%Avion points on every dollar spent
Enjoy 35,000 Welcome Avion points upon enrollment.
Earn 1.25 Avion points for every $1 spent in net purchases.
19.99%
22.99%
The RBC Avion Visa Business shines for its robust rewards program, allowing cardholders to earn 1.25 Avion points on every dollar spent. This card is particularly beneficial for businesses that prioritize travel rewards, offering flexibility in how points can be redeemed.
Pros:
- Strong rewards for travel
- Flexible redemption options
Cons:
- Annual fee applies
- Higher interest rates
4.American Express Business Gold Rewards Card
American Express
- 1%Points on all purchases
Welcome offer of 50,000 Membership Rewards points upon spending $7,500 in the first three months.
Earn 1 point per $1 spent on all purchases.
21.99%
21.99%
The American Express Business Gold Rewards Card is an excellent choice for business owners who also travel, offering a substantial welcome bonus of 50,000 Membership Rewards points. This card is particularly appealing for those looking to maximize their rewards on everyday spending while enjoying premium benefits.
Pros:
- High welcome bonus
- Flexible rewards program
Cons:
- High annual fee
- Interest rates can be steep
5.American Express Business Platinum Card
American Express
- 1.25%Points on every dollar spent
Earn 80,000 Membership Rewards points after you charge $15,000 in net purchases to your Card in your first 3 months.
Earn 1.25x Membership Rewards points for every $1 spent.
21.99%-30%
21.99%-30%
The American Express Business Platinum Card is ideal for frequent travelers, offering elite-tier travel perks and a generous welcome bonus of 80,000 Membership Rewards points. This card justifies its high annual fee with extensive benefits that cater to business owners who prioritize travel and premium services.
Pros:
- Extensive travel perks
- High earning potential
Cons:
- Very high annual fee
- Spending threshold for bonuses
- 1%Cash back on all purchases
Sign up and get $50 back on your incorporation fees.
Earn 1% cashback on all purchases.
19.99%
The Venn Mastercard Charge Card is a straightforward option for businesses looking for a no-fee card that offers 1% cash back on all purchases. This card is particularly appealing for those who want simplicity and ease of use without the burden of annual fees.
Pros:
- No annual fee
- Simple cashback structure
Cons:
- Limited rewards compared to others
- Cashback may not be as high on specific categories
Final Words
As you evaluate your options for the best business credit cards this May, remember that selecting the right card can significantly impact your finances and rewards. Take the time to compare features, fees, and benefits to make informed decisions that align with your business needs.
Frequently Asked Questions
The BMO Cashback Business Mastercard offers a welcome bonus of 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months! Additionally, you can earn 10% cash back on these categories during that promotional period.
With the TD Business Cash Back Visa Card, you can earn a welcome bonus of 10% in Cash Back Dollars applied to new accounts. The card offers 2% in Cash Back Dollars on Gas, Electric Vehicle Charging and Public Transit Purchases, and 0.5% on all other purchases.
The RBC Avion Visa Business allows you to enjoy a welcome bonus of 35,000 Welcome Avion points upon enrollment. You can earn 1.25 Avion points for every $1 spent in net purchases, providing a solid rewards structure for your business expenses.
Some business credit cards, like the BMO Cashback Business Mastercard and the TD Business Cash Back Visa Card, have no annual fee, making them cost-effective options. However, other cards may charge an annual fee, so it's essential to evaluate the benefits against the cost.
When selecting a business credit card, consider factors such as your spending habits, the rewards structure, annual fees, and any welcome bonuses. It's also beneficial to compare different cards to find one that aligns with your business needs and financial goals.
To maximize rewards, focus on using your credit card for purchases in the categories that offer the highest cash back or points. Additionally, take advantage of welcome bonuses by meeting the required spending threshold promptly.
The application process for a business credit card typically involves providing your business information, including its legal name, structure, and financial details. You may also need to submit personal information if you're a sole proprietor or if your business is new.
