- 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
- 1.25Avion points for every $1 spent on net purchases
- 1Avion points for every $1 spent on all other purchases
Enjoy a welcome bonus of 35,000 Avion points upon approval, along with the first-year annual fee waived.
Earn 1.25 Avion points for every $1 spent on net purchases.
What sets the RBC Avion Visa Business apart is its robust rewards structure that allows cardholders to earn 1.25 Avion points per dollar spent, making it a valuable tool for business owners who frequently travel and want to maximize their rewards.
Pros:
- Flexible redemption options
- Strong travel rewards
Cons:
- Annual fee applies
- Points may take time to accumulate
3.American Express Business Gold Rewards Card
American Express
- 4Membership Rewards points on top spending categories
- 1Membership Rewards points on all other purchases
Earn 70,000 Membership Rewards points after spending $7,500 in the first 3 months.
Earn up to 4X Membership Rewards points on top spending categories.
This card shines for its ability to earn up to 4X Membership Rewards points on select categories, making it an exceptional choice for businesses that want to maximize their rewards on everyday expenses.
Pros:
- High earning potential on select categories
- Flexible redemption options
Cons:
- High annual fee
- Spending thresholds for bonuses
- 2%Cash back on gas, electric vehicle charging and public transit purchases
- 0.5%Cash back on all other purchases
Receive up to $300 in cash when you incorporate or register your business and open a TD Small Business Chequing Account.
Earn up to 2% cash back on purchases.
A key differentiator is the TD Business Cash Back Visa Card's straightforward cash back structure, allowing businesses to earn up to 2% on essential expenses without any annual fee, making it an attractive option for cost-conscious business owners.
Pros:
- No annual fee
- High cash back on select categories
Cons:
- Cash back applied once per year
- Limited insurance included
5.Float Corporate Card
Float
- 1%Cash back on spending
Occasionally offers targeted welcome promotions, with past bonuses ranging from CA$250 to CA$500.
Earn up to 1% cash back on spending.
Float Corporate Card is a modern solution for businesses looking to automate their spending while retaining control, making it an excellent choice for companies that prioritize expense management without the burden of traditional credit card fees.
Pros:
- No fees
- Automated expense management
Cons:
- Limited cash back potential
- No traditional credit card features
Final Words
As you consider the best business credit cards available this June 2026 in Canada, remember that choosing the right card can significantly impact your financial health and business expenses. Take time to compare your options based on fees, rewards, and terms to make an informed decision that aligns with your business needs.
Frequently Asked Questions
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 breakdown includes 10% cash back on gas, office supplies and cellphone and internet bill payments for the first 3 months, 1.5% on eligible gas and office supply purchases, and 0.75% on all other purchases.
Enjoy a welcome bonus of 35,000 Avion points upon approval, along with the first-year annual fee waived. You can earn 1.25 Avion points for every $1 spent on net purchases and 1 Avion point for every $1 spent on all other purchases.
Earn 70,000 Membership Rewards points after spending $7,500 in the first 3 months. This card allows you to earn up to 4X Membership Rewards points on top spending categories and 1 Membership Rewards point on all other purchases.
Many business credit cards come with annual fees, which can range from $0 to several hundred dollars depending on the card's benefits. It's essential to weigh these fees against the rewards and features offered to determine the best value for your business.
Start by assessing your business's spending habits and priorities, such as cash back, travel rewards, or flexibility. Compare welcome bonuses, reward rates, and annual fees across different cards to find one that aligns with your financial goals.
When applying for a business credit card, consider your business's annual revenue, credit score, and how you plan to use the card. Ensure you meet the eligibility requirements and understand the terms of the welcome bonuses and rewards structure.
