Best Business Credit Cards for Rewards
Compare reward business credit cards across reward value, fees and real-world usability, helping you understand which cards genuinely return value.
By Editorial
In this guide we focus specifically on business credit cards that offer rewards, including cashback, points, and spend-based incentives. While interest rates and fees still matter, reward cards are best suited to businesses that put regular, predictable spend through their card and can repay balances on time.
Below, we highlight the best reward business credit cards by use case, followed by a deeper breakdown of how reward cards work and who they’re best for.
Best Reward Business Credit Cards Summary
- Best overall cashback card: Capital on Tap Business Credit Card
- Best introductory cashback offer: Funding Circle Business Cashback Card
- Best for travel rewards & perks: American Express Business Cards
- Best high-street bank rewards card: Barclaycard Business Credit Cards
- Best for fuel & EV cashback: NatWest, RBS, Lloyds Bank, Bank of Scotland
- Best uncapped cashback: Santander Business Cashback Credit Card
- Best for new businesses with rewards: Zempler Bank Business Credit Card
Capital on Tap Business Credit Card
Best for: Startups and SMEs wanting flexible rewards
- Annual fee: £0–£299 (two plans available)
- Representative APR: 34.65%–110.33% variable (plan dependent)
- Interest-free period: Up to 42 days
- Typical credit limit range: £1,000 – £250,000
Rewards:
- Unlimited 1% cashback on all card spend
- Option to redeem reward points for cash, Avios, gift cards, or against your balance
Capital on Tap offers one of the most flexible reward structures on the market, combining cashback with airline points and no foreign transaction fees. It’s one of the few reward cards accessible to newer businesses, making it popular with startups and fast-growing SMEs.
See more on the Capital on Tap website
More infoFunding Circle Business Cashback Card
Best for: Established SMEs maximising cashback in year one
- Annual fee: £0
- Representative APR: 34.9% variable
- Interest-free period: Up to 42 days
- Typical credit limit range: £1,000 – £250,000
Rewards:
- 2% cashback for the first six months (up to £2,000)
- 1% uncapped cashback thereafter
This card stands out for its strong introductory offer. Businesses with high early spend can extract meaningful value in the first six months, provided they meet the eligibility criteria and are new Funding Circle customers.
See more on the Funding Circle website
American Express Business Cards
Best for: High spenders, travel rewards, premium perks
- Annual fee: £0–£650+ (depending on card, multiple credit and charge card options)
- Representative APR: 37.9%–105.5% variable (depending on card & on credit cards only)
- Interest-free period: Up to 56 days
- Typical credit limit range: No pre-set limit
Rewards:
- Welcome bonuses
- Avios points, Amazon credit, or Membership Rewards, depending on card
American Express offers the most sophisticated rewards ecosystem, particularly for businesses with significant travel or advertising spend. Charge card options require full monthly repayment, making them best suited to cash-positive businesses rather than those relying on revolving credit.
See more on the American Express website
Barclaycard Business Credit Cards
Best for: Businesses wanting a traditional bank with cashback
- Annual fee: £0–£150 (two cards available)
- Representative APR: 25.8%–54.7% variable (card dependent)
- Interest-free period: Up to 56 days
- Typical credit limit range: £1,000 – £50,000+
Rewards:
- 1% uncapped cashback when spending £2,000+ per month
- Alternative card offering 0.5% cashback up to £400
Barclaycard provides a more conservative rewards structure but appeals to businesses that prefer a high-street provider and longer interest-free periods.
See more on the Barclaycard website
Santander Business Cashback Credit Card
Best for: Simple, uncapped cashback
- Annual fee: £30, additional cards available at no extra cost
- Representative APR: 23.7% variable
- Interest-free period: Up to 56 days
- Typical credit limit range: £500 – £50,000
Rewards:
- 1% cashback on all business spend, paid monthly
- No cap on rewards
Santander’s card is one of the simplest reward options available, with predictable returns and no foreign transaction fees when spending in local currency.
See more on the Santander website
Virgin Money Business Credit Card
Best for: Simple cashback on everyday business spending
Annual fee: £28 per card (free for the first year)
Representative APR: 27.7% variable
Interest-free period: Up to 59 days
Typical credit limit range: £500 – £25,000 (subject to status)
Rewards:
- 1% cashback on eligible business spending (terms and exclusions apply)
- Extra rewards with Mastercard Business Savings, offering further cashback
Virgin Money offers a straightforward cashback structure with additional rewards on specific business purchases. There is no annual fee for the first year adding to the value in which using the card offers.
See more on the Virgin Money website
Lloyds Bank Business Credit Card
Best for: Existing Lloyds customers with fuel or travel spend
- Annual fee: £32 per card holder, free for the first year and ongoing if you spend £6,000 or more each year
- Representative APR: 15.95% variable
- Interest-free period: Up to 56 days
- Typical credit limit range: £1,000 – £50,000
Rewards:
- 1% cashback on fuel and EV charging
- 0.5% cashback on other spend (minimum thresholds apply)
The Lloyds business credit card is most valuable for businesses with regular fuel or vehicle-related expenses, rather than general spend.
See more on the Lloyds Bank website
Bank of Scotland Business Credit Card
Best for: Scottish Sme customers with fuel or travel spend
- Annual fee: £32 per card holder, free for the first year and ongoing if you spend £6,000 or more each year
- Representative APR: 15.95% variable
- Interest-free period: Up to 56 days
- Typical credit limit range: £1,000 – £50,000
Rewards:
- 1% cashback on fuel and EV charging
- 0.5% cashback on other spend (minimum thresholds apply)
Same as the Lloyds card, Bank of Scotland's business credit card is more geared towards businesses with regular fuel or vehicle-related expenses.
See more on the Bank of Scotland website
NatWest Business Credit Cards
Best for: Fleet-heavy or travel-intensive SMEs
- Annual fee: £30 per card holder (free for the first year and each spend exceeds £6,000) or £70 per card holder (two credit cards available)
- Representative APR: 24.3%–29% variable (depending on card)
- Interest-free period: Up to 56 days
- Typical credit limit range: £500 – £50,000+
Rewards:
- 1%–3% cashback at eligible fuel and EV charging stations
NatWest’s reward structure is narrow but potentially valuable for businesses with high fuel or transport costs.
See more on the NatWest website
Royal Bank of Scotland Business Credit Cards
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Best for: Scottish businesses with vehicle or travel spend
- Annual fee: £30 per card holder (free for the first year and each spend exceeds £6,000) or £70 per card holder (two credit cards available)
- Representative APR: 24.3%–29% variable (depending on card)
- Interest-free period: Up to 56 days
- Typical credit limit range: £500 – £50,000+
Rewards:
- 1%–3% cashback at eligible fuel and EV charging locations
RBS mirrors NatWest’s offering and is best suited to the same use case, businesses with high fuel spend.
See more on the Royal Bank of Scotland website
Zempler Bank Business Credit Card
Best for: New businesses wanting entry-level rewards
- Annual fee: £0
- Representative APR: 29.9% variable
- Interest-free period: Up to 56 days
- Typical credit limit range: £300 – £5,000
Rewards:
- 1% cashback on business spend (terms apply)
Zempler is one of the few providers offering rewards to newer businesses or those with limited credit history, albeit with lower limits.
See more on the Zempler Bank website
What is a reward business credit card?
A reward business credit card is a business card that offers incentives. This is typically cashback, points, or travel rewards based on how much your business spends.
Unlike standard business credit cards, reward cards are designed to return value on everyday expenses such as advertising, fuel, software subscriptions, travel, and inventory purchases.
Rewards usually fall into three categories:
- Cashback: A percentage of spend returned as cash or statement credit
- Points: Redeemable for flights, hotels, gift cards, or statement credit
- Targeted rewards: Higher cashback on specific categories like fuel or travel
Most reward business credit cards require balances to be repaid in full to extract value, as interest charges can quickly outweigh any rewards earned.
Are reward business credit cards worth it?
Reward business credit cards work best when:
- You put consistent monthly spend through the card
- You pay off the balance in full each month
- Your business expenses align with the reward structure
They are generally not suitable for businesses that rely on long-term borrowing or frequently carry balances, as high APRs can erode any reward benefit.
When are rewards not worth it?
Reward points and cashback loses its value quickly if:
- You carry balances and pay interest
- Annual fees exceed the cashback earned
- You don’t meet minimum spend requirements
As a rule of thumb, if your interest or fees exceed your rewards, a non-reward or charge card may be a better option.
How much cashback could your business earn?
How much cashback you earn depends on three key factors: how much your business spends, the cashback rate, and any caps or restrictions on rewards.
1. Your monthly card spend
The more you put through the card, the more valuable cashback becomes. Businesses typically earn the most from:
- Advertising and marketing spend
- Software and SaaS subscriptions
- Travel and accommodation
- Fuel and transport costs
- Inventory and supplier payments (where cards are accepted)
If your monthly spend is low or irregular, cashback returns will be modest.
2. Cashback rate
Most business cashback cards offer between 0.5% and 1% on general spending, with some providing higher rates for a limited time or specific categories.
Here’s what that looks like in practice:
- £1,000 per month at 1% cashback → £10 per month/£120 per year
- £5,000 per month at 1% cashback → £50 per month/£600 per year
- £10,000 per month at 1% cashback → £100 per month/£1,200 per year
Introductory offers can increase this significantly in the short term. For example, a 2% introductory rate on £10,000 per month would return £200 per month during the offer period.
3. Caps, thresholds and conditions
Not all cashback is created equal. Before applying, check:
- Reward caps: Some cards limit how much cashback you can earn
- Minimum spend thresholds: Cashback may only apply above a certain monthly spend
- Category restrictions: Higher rates may only apply to fuel, travel, or EV charging
- Redemption rules: Cashback may be paid monthly, annually, or as statement credit
Cards offering uncapped cashback on all spend are usually the most predictable and easiest to value.
Cashback vs points, which is better?
Reward business credit cards generally fall into two categories: cashback cards and points-based cards. Each suits different business profiles.
Cashback cards
Best for: Simplicity, predictable savings, general business spend
Pros
- Easy to understand and value
- No need to manage points or redemptions
- Ideal for everyday expenses
Cons
- Lower upside compared to premium travel rewards
- Cashback rates rarely exceed 1% long-term
Cashback cards work well for most SMEs, especially those focused on cost control rather than perks.
Points-based cards (e.g. Avios, membership rewards)
Best for: High spenders, frequent travellers, premium benefits
Pros
- Higher potential value when redeemed strategically
- Travel perks like lounge access or upgrades
- Often generous welcome bonuses
Cons
- Rewards value varies by redemption
- Can be complex to manage
- Often paired with higher annual fees
Points-based cards are best suited to businesses with significant spend and clear use for travel or partner rewards.
Final thoughts on rewards
Reward business credit cards are most effective when they match your spend profile, cash flow discipline, and reward preferences.
- Cashback cards = predictable savings
- Points cards = higher upside, more complexity
- Paying interest negates rewards quickly
Used correctly, reward cards turn unavoidable business costs into measurable financial returns, not just marketing perks.