- 10%Cash back on gas, office supplies, and cellphone and internet bill payments for the first 3 months
- 1.5%Cash back on eligible gas and office supply purchases and cell phone and internet bill payments
- 0.75%Cash back on all other purchases
Get 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months.
Get 1.5% cash back on eligible gas and office supply purchases and cell phone and internet bill payments; 0.75% cash back on all other purchases.
The BMO CashBack Business Mastercard stands out as the top choice because it offers a generous welcome bonus of 10% cash back on essential business expenses for the first three months, making it ideal for new business owners looking to maximize their initial spending.
Pros:
- No annual fee
- High welcome bonus for business expenses
Cons:
- Limited to specific categories for high cash back
- Standard earn rates are lower after the welcome period
2.American Express Business Platinum Card
American Express
- 5%Points on flights and prepaid hotels booked via Amex Travel
- 1.25%Points on all other purchases
Earn 40,000 Membership Rewards points when you make a purchase between 15 and 17 months of Cardmembership.
Earn up to 5x points on flights and prepaid hotels booked via Amex Travel; 1.25x points on all other purchases.
What sets the American Express Business Platinum Card apart is its extensive travel benefits and high earning potential, making it the leading choice for business owners who frequently travel and want to maximize their rewards on travel-related expenses.
Pros:
- Comprehensive travel perks
- High earning potential on travel-related expenses
Cons:
- High annual fee
- Requires full payment each month
- 4%Points on gas, office supplies, and telecom
- 2.5%Points on other business expenses
- 1.5%Points on all other purchases
Earn up to 150,000 bonus BMO Rewards Points (worth up to CA$1,000) in your first year.
Earn up to 4x points on common business purchases; 1.5x to 2.5x points on everything else.
This card shines for its high earn rate on essential business expenses, making it a top choice for small business owners who want to maximize their rewards while enjoying premium travel benefits.
Pros:
- High earn rate on business expenses
- Comprehensive travel perks
Cons:
- Annual fee applies after the first year
- Requires good credit for approval
- 1.25%Points on all purchases
Get 45,000 Avion points upon approval.
Earn 1.25 Avion points for every CA$1 spent in net purchases.
A key differentiator is the RBC Avion® Visa Infinite Business Card's strong travel rewards program, which provides excellent earning potential for business owners who frequently travel and want to maximize their rewards.
Pros:
- Strong travel rewards program
- Flexible payment options
Cons:
- Annual fee applies
- Limited to RBC's rewards ecosystem
5.Scotiabank Passport Visa Infinite Business Card
Scotiabank
- No rewards breakdown available
Final Words
As you explore the best business credit cards this July 2026 in Canada, remember that the right card can significantly enhance your business finances. Take time to compare options, assess your spending habits, and make informed decisions that align with your unique needs.
Frequently Asked Questions
Get 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months.
Get 1.5% cash back on eligible gas and office supply purchases and cell phone and internet bill payments; 0.75% cash back on all other purchases.
Earn 40,000 Membership Rewards points when you make a purchase between 15 and 17 months of Cardmembership and enjoy up to 5x points on flights and prepaid hotels booked via Amex Travel.
Earn up to 4x points on common business purchases; 1.5x to 2.5x points on everything else.
Consider factors such as your spending habits, the types of rewards you prefer, annual fees, and the card's benefits. Compare different cards to find one that aligns best with your business needs.
Yes, many business credit cards charge annual fees, which can range from $0 to several hundred dollars. It's important to weigh these fees against the potential rewards and benefits to determine if a card is worth it for your business.
You can apply for a business credit card online through the card issuer's website. Typically, you'll need to provide information about your business, your annual revenue, and personal identification.
Business credit cards can help you manage expenses, build your business credit score, and offer rewards tailored to business spending. They often come with additional perks like expense tracking and insurance benefits.
