Look at annual fees, signup bonuses and other perks to decide which one is right for your business.
Cash back is appealing to many business owners, as it means you don’t have to fuss with travel points or miles. Consider a 2% cashback business credit card if you want strong, easily understandable rewards.
Compare 2% business credit cards
How to compare 2% cashback business credit cards
Different cards bring different benefits to the table. Here are some elements you can use to evaluate various products:
- Annual fee. Most cards with strong rewards will charge an annual fee. This fee can eat into your rewards, so consider whether you really want to pay it. If you don’t, there are plenty of no-annual-fee cards to choose from.
- Rewards. Consider whether you’ll earn enough of them to offset the annual fee. If your business spends enough in the right categories, you could earn impressive cash back.
- Signup bonus. Card providers get more and more competitive with signup bonuses, and this could be what makes a difference if you’re on the fence between products. Think about how easy it’ll be to obtain a card’s signup bonus and how much it’s worth. Typically, you’ll need to spend thousands of dollars within a few months to qualify.
- Benefits. The card’s rewards will probably be the star of the show, but consider what else you’ll get. You could receive perks like extended warranties, purchase protection and free employee cards.
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Updated December 12th, 2018
Bottom line
A 2% cashback business credit card can help you obtain impressive rewards through normal business spending. Before settling on a card, compare other products based on multiple factors, such as annual fees and signup bonuses.
If you’re not sure a 2% cashback business credit card is right for you, compare other business credit cards.
