Business

Cash Back Credit Cards for Business Owners

Business owners can choose from a variety of credit cards, including low-interest credit cards, rewards credit cards, cash-back credit cards, and more. Many cash-back credit cards are offered at discounts at Shell, Alamo, and other merchant locations. The rebate can be redeemed for gas, travel expenses, business entertainment, merchandise, and much more.

If you are looking for Canadian cash back credit cards, you will find many lucrative offers, presented by large banks and second-tier banking establishments. The American Express business card allows cardholders to earn up to $ 1,250 in cash back, depending on the months they have balance and their spending habits. The card is offered with an annual interest rate of 19.99 percent and flexible terms to pay off outstanding balances over time. It should be noted that fees can increase up to 25.99 percent, depending on one’s payment history. There is no annual fee and additional cards can be requested for employees free of charge. The card is offered with a Disability Plan for Small Business Insurance. Additionally, cardholders are entitled to emergency card replacement and travel accident insurance. Online reporting and expense management tools are another beneficial feature. Lastly, cardholders enjoy top-of-the-line entertainment. The card can be used for a variety of business purchases, such as entertainment, office supplies, business trips, and more. Customers get up to 2 percent cash back. As for the payment options, there are different ways to do it. You can pay your account at an ATM, at your local bank branch, or through internet banking. You can also pay for it by phone or by mail.

It should be noted that this card is offered by various financial institutions in Canada and fees may apply. Additionally, customers must qualify annually to receive rebates. Refunds are calculated on purchases charged to the card only. Certain restrictions and conditions may also apply.

Another suitable credit card for business owners is the BMO CashBack MasterCard for Business. The card has no annual fee and allows customers to get cash back and refunds on their accounts. Cardholders get a 0.5 percent refund on all purchases charged to the card, as well as 1.5 percent on purchases at Alamo Rent A Car, Shell and National Car Rental locations. CashBack MasterCard for Business is offered with no annual fee and with an interest rate of 19.5 percent or an annual fee of $ 50 per year and low interest of 12.9 percent. A beneficial feature of this card is BMO Premium BizAssist, which includes 24/7 online business support. This service is offered for $ 149 per year. MasterCard Easy Savings is another service that allows automatic refunds offered at participating merchants. Supplemental employee cards are also offered, allowing business owners to delegate purchasing authority. Thanks to the liability waiver program offered with this card, the company is protected from employee abuse.

If you prefer rewarded credit cards, you can check out the American Express Business Gold Rewards card, the American Express Business Platinum card, and a variety of other cards.