If you run a small business, you want to make every dollar count. One smart way to do that is by using a business credit card with 2% cash back. These cards help you earn money back on everyday expenses like office supplies, travel, and advertising. A 2% cash back card gives you $2 back for every $100 you spend. That may not sound like much, but it adds up fast. Over time, this can give you hundreds of dollars in free cash.
These cards are built for businesses. They offer tools like expense tracking, employee cards, and easy reporting. You get rewards while staying organized. Let’s take a look at how these cards work and which ones are best for small businesses.
What Is a Business Credit Card with 2% Cash Back?
A business credit card with 2% cash back gives you 2% cash back on eligible purchases. You use it like a regular credit card, but you earn money back each time you pay for something related to your business. Some cards offer 2% back on all purchases. Others give more cash back in certain categories, like gas or office stores, and 2% on everything else. You don’t need to change how you spend to benefit. Just use the card for normal business costs and earn rewards as you go. This type of card is ideal if you want steady returns without having to track bonus categories.
Why Use a 2% Cash Back Business Credit Card?
There are many good reasons to use a business credit card with 2% cash back First, you earn money back on what you already buy. Every time you spend, you get a reward. It’s simple and automatic. Second, these cards help you manage business spending. Most come with apps or online dashboards that show where you’re spending money. You can sort expenses by category and see trends over time.
Third, they help separate personal and business finances. Keeping them separate makes accounting easier and helps during tax season. Fourth, many of these cards let you add employee cards. You can set limits and track their spending without giving them full access to your account. Lastly, some cards have no annual fee. You can earn cash back without paying extra each year.
How Do These Cards Work?
A business credit card with 2% cash back works like most credit cards. You charge purchases to the card and pay off the balance each month. Each time you spend, you earn 2% cash back. Some cards give more in specific areas. For example, one might give 5% on gas and 2% on everything else.
Cash back can be redeemed in different ways. You might get it as a check, direct deposit, or credit to your account. Always check how redemption works before signing up. Most of these cards don’t charge an annual fee. But some premium options do. Be sure the benefits outweigh the cost. Also, many cards offer a sign-up bonus. You earn extra cash back when you spend a certain amount within the first few months.
Top 5 Business Credit Cards with 2% Cash Back
Here are five great business credit cards with 2% cash back :
1. Capital One Spark Cash for Business
This card gives 2% cash back on every purchase. There are no rotating categories or limits. It also offers a $500 bonus if you spend $5,000 in the first three months.
Read more: Discover the Best Opportunities with Trade Me Jobs: A Step-by-Step Guide
2. Chase Ink Business Unlimited
Chase offers 1.5% cash back on all purchases. You can earn $750 if you spend $6,000 in the first 90 days. There’s no foreign transaction fee.
3. Discover it® Business
Discover gives 1.5% cash back on all purchases. In your first year, they double your earnings. There’s no annual fee ever.
4. Bank of America Business Customized Cash Rewards
You choose one category each quarter to earn 3% cash back. All other purchases earn 1%. You also get a 3% bonus on your first $50,000 spent each year.
5. American Express Business Gold
Amex Business Gold lets you pick your top three spending categories each month. You earn up to 4X points in those areas. This is best for high-spend businesses.
How to Choose the Right Card for Your Business
When picking a business credit card with 2% cash back , think about your spending habits. Look at where you spend the most. If you buy a lot of office supplies, find a card that gives more there. If your spending is spread out, a flat-rate card might be better. Check if the card has an annual fee. Some cards charge a fee but give better perks. Make sure the value you get is worth the cost.
See what the sign-up bonus is. If you can meet the spending requirement, you’ll earn extra cash fast. Review the redemption options. Some people prefer cash. Others like gift cards or travel credits. Make sure the card reports to business credit bureaus. Using it responsibly can help build your business credit score. Also, read reviews. See what other users say about customer service, app features, and ease of use.
Tips to Earn More Cash Back
Here’s how to get the most from your business credit card with 2% cash back . Use the card for recurring bills. Set it up for software subscriptions, utilities, or insurance. This ensures steady spending and rewards. Pay off the balance every month. Don’t carry debt. Interest charges will cost you more than the cash back you earn.
Track your spending. Know where your money goes. If another card gives better rewards in those areas, switch or use both. Combine with other loyalty programs. Pair your card with store rewards or airline miles for extra savings. Watch for limited-time offers. Some cards give bonus points during holidays or special events. Check your statements often. Spot errors early. Make sure you’re getting all the rewards you earned.
Final Thoughts
A business credit card with 2% cash back is a powerful tool. It helps you save money, track spending, and build credit. You earn rewards just by buying things you already need. Over time, this adds up. You could earn hundreds or even thousands in cash back. Choose a card that fits your spending style. Use it wisely and avoid debt. Pay off the balance each month. Many of these cards have no annual fee. Some offer big sign-up bonuses. Others give more cash back in key categories. Take time to compare your options. Find the one that gives you the most value. With the right card, you’ll get more from every dollar you spend.
Read more: Understanding Tooling Tech Group: A Clear Look at Their Role and Impact
Frequently Asked Questions (FAQ)
Q: Can I qualify for a business credit card with bad credit?
A: It depends. Most business cards check your personal credit. If your score is low, you might still qualify but get lower rewards or higher fees.
Q: Are there cards with 2% cash back on all purchases?
A: Yes. Capital One Spark Cash for Business gives 2% on all spending. So does the Amex Business Gold if you pick the right categories.
Q: Do these cards have annual fees?
A: Many have no annual fee. Some premium cards do. Check if the benefits are worth the cost.
Q: How do I redeem cash back?
A: Most cards let you redeem via direct deposit, statement credit, or mailed check. Some offer gift cards too.
Q: Can I add employees to my card?
A: Yes. Most business cards let you add employee cards for free. You control the spending limits.
Q: Will using a business card affect my personal credit?
A: Yes. Most issuers report to personal credit bureaus. Late payments or high balances can hurt your score.
Q: Can I use a business card for personal purchases?
A: You can, but it’s not wise. Mixing personal and business spending makes bookkeeping harder and could cause legal issues.
Q: Do these cards offer travel insurance or purchase protection?
A: Some do. Benefits vary by issuer. Look at your card’s terms or call customer service for details.
