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If you are a business owner, getting a cash back credit card is one of the smartest ways to save money from using your credit cards. Most credit card companies offer cash back credit cards for both personal use and businesses. Truth is there is no difference between the two. You're personal credit report is still checked before they will give you approval of the card. Below are our best cash back business credit card recommendations after much research.
Editor's Choice: Cash Back Business Credit Cards
The Blue Cash® from American Express is perhaps the best cash rebate credit card for a small business to consider. It pays 5% rebates on supermarket, gasoline and drugstore purchases and 1.5% rebates on "other purchases". You will earn these rebates after your annual spending exceeds $6,500. You can earn unlimited rebates with this card. If you charge a lot of your business expenses to a credit card, this card will let you earn lots of cash rebate back from your spending.
Another great card to consider is the TrueEarnings® Card from Costco and American Express. The reason is because it is the only credit card today that pays 3% rebates on gasoline (with no spending tier requirements or limits), 3% on restaurants and 2% on any travel items. There is also no annual fee with this card (though you need to be a costco member). This card is useful for those who charge gasoline expenditure, business entertainment at restaurants and even travel expenses to their business. This card will probably suit most home businesses.
The Discover® More(SM) Card is a cash back credit card that allows you to either redeem your earnings for cash or for gift cards from over 100 gift partners. Furthermore, Discover has an online store called shopdiscover.com, whereby they have partnered with leading merchants and you can earn up to 20% cash rebates when you shop through shopdiscover.com.
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