- 10%Cash back on gas, office supplies and cellphone and internet bill payments for the first 3 months
- 1.5%Cash back on eligible gas and office supply purchases
- 0.75%Cash back on all other purchases
Get 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months, applicable on up to $1,500 in total spending.
Earn up to 1.75% cash back on specific categories and 0.5% on all other purchases.
The BMO CashBack Business Mastercard stands out as the top choice because it offers a generous welcome bonus of 10% cash back on essential business expenses for the first three months, making it an excellent option for new business owners looking to maximize their cash flow.
Pros:
- No annual fee
- Generous welcome bonus
Cons:
- Limited cash back categories
- Cash back applied once per year
The BMO CashBack Business Mastercard is well-suited for small business owners seeking a no-annual-fee credit card that provides a competitive cash back rate on essential expenses, particularly during the initial months of use. With its straightforward rewards structure and welcome bonus, this card may be particularly beneficial for those just starting their business journey.