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This credit card is available to most people with good to excellent credit. And there are no fees for using this card as long as you pay off your balance by the due date each month.
The M&T Business Rewards Credit Card is best for business owners who want to earn unlimited fixed-rate cash back on all purchases regardless of spending categories. You can earn an unlimited 2% cash back your first year and 1.5% cash back after that. This small business card doesn’t charge annual fees and foreign transaction fees.
M&T Business Rewards Credit Card
Our editorial team uses industry specialists to generate the scores for Fit Small Business. The kind of credit card (cash back or travel) as well as the card’s rates, fees, rewards, and other benefits like insurance are all taken into account in our grading methodology.
Cash back incentives at a fixed rate on all transactions
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On M&T Bank’s Secure Website
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APR on a regular basis
Variable 12.24 percent – 19.24 percent
Credit is required.
Excellent – Excellent
- Every purchase earns you 1.5 percent cash back indefinitely.
- For the first 12 billing cycles, get a 0% introductory rate APR on balance transfers and purchases (a balance transfer fee will apply)
- After that, variable APR of 14.49 percent to 21.49 percent
- There is no yearly charge.
- Employee cards may be added at no extra cost, and users’ spending limitations can be managed.
- Chip technology has gained worldwide recognition.
- M&T Assurance® for fraud prevention, detection, and resolution
- Multiple convenient ways to make payments, transfer funds, or review account detail, such as online with M&T Online Banking for Business or via the M&T Mobile App, at an M&T Bank ATM, or in person at any local M&T branch.
- By linking your card to a compatible iPhone®, Android®, or qualifying Samsung device, you may pay for purchases in millions of retailers around the globe with Apple Pay®, Google PayTM, and Samsung Pay.
- Save money by not paying a foreign transaction charge.
Pros
- 0% introductory rate APR
- Rewards for newcomers
- There is no yearly charge.
Cons
- There is no sign-up incentive.
- Low long-term incentives
- On warranties of three years or less, Visa will double the original manufacturer’s guarantee for up to an extra year, up to a maximum of $10,000 per claim.
- Security Purchase: Visa may repair, replace, or offer reimbursement for items purchased with your M&T Business Rewards Credit Card that are damaged or stolen within 90 days of purchase. Security Purchase is limited to $10,000 per claim.
APR on a regular basis
Variable 12.24 percent – 19.24 percent
Credit is required.
Excellent – Excellent
- Every purchase earns you 1.5 percent cash back indefinitely.
- For the first 12 billing cycles, get a 0% introductory rate APR on balance transfers and purchases (a balance transfer fee will apply)
- After that, variable APR of 14.49 percent to 21.49 percent
- There is no yearly charge.
- Employee cards may be added at no extra cost, and users’ spending limitations can be managed.
- Chip technology has gained worldwide recognition.
- M&T Assurance® for fraud prevention, detection, and resolution
- Multiple convenient ways to make payments, transfer funds, or review account detail, such as online with M&T Online Banking for Business or via the M&T Mobile App, at an M&T Bank ATM, or in person at any local M&T branch.
- By linking your card to a compatible iPhone®, Android®, or qualifying Samsung device, you may pay for purchases in millions of retailers around the globe with Apple Pay®, Google PayTM, and Samsung Pay.
- Save money by not paying a foreign transaction charge.
Pros
- 0% introductory rate APR
- Rewards for newcomers
- There is no yearly charge.
Cons
- There is no sign-up incentive.
- Low long-term incentives
- On warranties of three years or less, Visa will double the original manufacturer’s guarantee for up to an extra year, up to a maximum of $10,000 per claim.
- Security Purchase: Visa may repair, replace, or offer reimbursement for items purchased with your M&T Business Rewards Credit Card that are damaged or stolen within 90 days of purchase. Security Purchase is limited to $10,000 per claim.
You can compare the features of one card to another by checking off this card and up to two more alternatives (see M&T Business Rewards Credit Card Alternatives). This allows you to view the details of each card in a side-by-side comparison.
How Do We Determine Which Cash Back Business Credit Cards Are Best?
When grading cash back business credit cards like the M&T Business Rewards Credit Card, we first consider the ongoing rewards and then the Rewards for newcomers. We also rate the annual fee, introductory and ongoing annual percentage rates (APRs), and card benefits.
Who the M&T Business Rewards Credit Card Is Best For
- Business owners who prefer to earn unlimited, fixed rewards: The M&T Business Rewards Credit Card offers unlimited, fixed-rate cash back of 2% for the first year and 1.5% thereafter. This is applicable to all purchases, so you won’t have to monitor category spending.
M&T Business Rewards Credit Card Fees
- On purchases and debt transfers, the introductory APR is 0% for the first 12 billing cycles.
- Ongoing Annual Percentage Rate (APR): 12.24 percent to 19.24 percent variable, based on prime rate.
- There is no yearly charge.
- Fee for balance transfers: 4% of the transfer amount or $10, whichever is larger.
- Fees for international transactions: none
- The cost for a cash advance is either 3% of the advance or $10, whichever is greater—the APR is 22.24 percent.
M&T Business Rewards Credit Card Rewards
- For the first year after creating an account, you’ll get 2% cash back on all purchases.
- After the first year, you may get unlimited 1.5 percent cash back on any transactions.
You can redeem your rewards for cash back, gift cards, airline travel, and merchandise through the M&T Bank rewards portal. One point is worth 1 cent when redeemed for cash, gift cards, or airfare. The redemption value varies when redeemed for merchandise and travel packages. When redeeming for cash, you can receive a statement credit or a deposit into your M&T Bank checking or savings account.
M&T Business Rewards Credit Card Additional Features
M&T Assurance®
When you use your card in person, online, in-app, and over the phone, you’re covered with M&T Assurance to help prevent, detect, and resolve card fraud. It offers real-time fraud monitoring, which screens your account 24/7 to help detect suspicious card activity outside your normal purchasing pattern.
Overdraft Insurance
Overdraft Insurance is an optional service offered by M&T Bank. This allows you to link your credit card to your M&T checking account as Overdraft Insurance in the event you don’t have sufficient funds.
Collision Damage Waiver for Car Rentals
Car rentals of 31 consecutive days or less that are paid for with the M&T Business Rewards Credit Card are covered in case of accident or theft. Coverage is primary if the vehicle rental is for commercial or business reasons. This Collision Damage Waiver for Car Rentals coverage excludes injury to anyone or damage to anything inside or outside the rental vehicle, loss or theft of personal belongings, damage due to off-road operation of the rental vehicle, and damage due to wear and tear, gradual deterioration, or mechanical breakdown.
Security Purchase
Visa may repair, replace, or offer reimbursement for items damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per item. To be covered, you must have purchased the item entirely with your M&T Business Rewards Credit Card. If your item was stolen, you must file a police report within 48 hours of noticing the theft.
Protection under the Extended Warranty
Visa will double the original manufacturer’s warranty by up to an additional year on warranties of three years or less, up to a maximum of $10,000 per claim. You must have charged a portion of the purchase to your card to be eligible. The coverage begins the day after the original manufacturer’s warranty expires. Items that aren’t covered by Protection under the Extended Warranty are motorized vehicles, items for resale, computer software, real estate, medical equipment, rented items, and preowned items.
Pros & Cons of M&T Business Rewards Credit Card
M&T Business Rewards Credit Card Alternatives
Review of Chase Ink Business Unlimited®
For office-based enterprises, the Chase Ink Business Cash® card is a perfect solution. Each account anniversary year, you may get 5% cash back on the first $25,000 spent in combined purchases at office supply retailers and on internet, cable, and phone services.
Credit Card Ink Business Cash®
Our editorial team uses industry specialists to generate the scores for Fit Small Business. The kind of credit card (cash back or travel) as well as the card’s rates, fees, rewards, and other benefits like insurance are all taken into account in our grading methodology.
Businesses that are headquartered in an office and wish to earn a lot of money back
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Chase’s Protected Website
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Intro APR
Purchases are tax-free., there is an introductory APR.
APR on a regular basis
Variable 13.24 percent – 19.24 percent
- After spending $7,500 on purchases in the first three months after creating your account, you’ll get a $750 extra cash back.
- Each account anniversary year, get 5% cash back on the first $25,000 spent in combined purchases at office supply retailers and on internet, cable, and phone services.
- Each account anniversary year, get 2% cash back on the first $25,000 spent in combined gas station and restaurant expenditures. On all other purchases, you’ll get 1% cash back.
- Your card transactions will be monitored for probable signals of fraudulent activity utilizing real-time fraud monitoring with Fraud Protection.
- You won’t be held liable for fraudulent charges made using your card or account information if you have Zero Liability.
- There is no yearly charge.
- With Chase Ultimate Rewards®, you may get cash back, gift cards, travel, and more.
- 0% introductory rate APR for 12 months on purchases
Pros
- Spending on office supplies reaps the most benefits.
- On purchases, there is an introductory APR.
- Sign-up bonus in cash
Cons
- Balance transfers are not eligible for the 0% APR.
- A 5% balance transfer fee is charged.
- Designed mostly for office-based businesses.
- Collision Damage Waiver for Car Rentals: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Protects your new purchases from damage or theft for 120 days, up to $10,000 per claim and $50,000 per account per year.
- Protection under the Extended Warranty: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Intro APR
Purchases are tax-free., there is an introductory APR.
APR on a regular basis
Variable 13.24 percent – 19.24 percent
Credit is required.
Good, Excellent
- After spending $7,500 on purchases in the first three months after creating your account, you’ll get a $750 extra cash back.
- Each account anniversary year, get 5% cash back on the first $25,000 spent in combined purchases at office supply retailers and on internet, cable, and phone services.
- Each account anniversary year, get 2% cash back on the first $25,000 spent in combined gas station and restaurant expenditures. On all other purchases, you’ll get 1% cash back.
- Your card transactions will be monitored for probable signals of fraudulent activity utilizing real-time fraud monitoring with Fraud Protection.
- You won’t be held liable for fraudulent charges made using your card or account information if you have Zero Liability.
- There is no yearly charge.
- With Chase Ultimate Rewards®, you may get cash back, gift cards, travel, and more.
- 0% introductory rate APR for 12 months on purchases
Pros
- Spending on office supplies reaps the most benefits.
- On purchases, there is an introductory APR.
- Sign-up bonus in cash
Cons
- Balance transfers are not eligible for the 0% APR.
- A 5% balance transfer fee is charged.
- Designed mostly for office-based businesses.
- Collision Damage Waiver for Car Rentals: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Protects your new purchases from damage or theft for 120 days, up to $10,000 per claim and $50,000 per account per year.
- Protection under the Extended Warranty: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Credit Card American Express Blue Business® Plus
If your company can spend at least $50,000 per year, the American Express Blue Business® Plus is a great alternative. This small company credit card gives two points per dollar spent on the first $50,000 in expenditures each year, and one point per dollar spent after that. There is There is no yearly charge. with this card, and it has a low continuing APR.
American Express’s Blue Business® Plus Credit Card
Our editorial team uses industry specialists to generate the scores for Fit Small Business. The kind of credit card (cash back or travel) as well as the card’s rates, fees, rewards, and other benefits like insurance are all taken into account in our grading methodology.
Pocketing 2x points per $1 and 0% introductory rate APR for 12 months
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on American Express’s Blue Business® Plus Credit Card’s secure website.
Compare with
Intro APR
Purchases are tax-free.
APR on a regular basis
Variable 13.49 percent – 21.49 percent
Credit is required.
Good, Excellent
- Spend $3,000 in qualifying purchases on the Card during the first three months of Card membership to earn 15,000 Membership Rewards® points.
- On regular business expenditures like office supplies or client meals, earn 2X Membership Rewards® points. 2X applies to the first $50,000 in annual purchases, then 1 point every dollar after that.
- With Increased purchasing power, you have the ability to spend your Card above its credit limit*.
- *There is a limit on how much you may spend above your credit limit. It varies depending on your Card use, payment history, credit history, financial resources known to American Express, and other variables.
- 0.Purchases are tax-free., there is an introductory APR. for 12 months from the date of account opening, then a variable rate, 13.49% – 21.49%, based on your creditworthiness and other factors at account opening.
- There is no yearly charge.
- Terms and Conditions apply.
Pros
- There is no yearly charge.
- Purchases and balance transfers get a 0% APR for 12 months.
- Bonus points for new customers
- Increased purchasing power
- Rewards at a set rate
Cons
- Cash advances are not permitted.
- There is no cost for international transactions.
- The amount of money you may spend to get 2x points is restricted at $50,000.
- Protection under the Extended Warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than 2 years. It provides an additional 2 years if the original manufacturer’s warranty is between 2 and 5 years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: If an item bought with the card is damaged or stolen within 120 days of purchase, the issuer will repair, replace, or refund you. The maximum coverage is $1,000 per event and $50,000 per account per year.
Intro APR
Purchases are tax-free.
APR on a regular basis
Variable 13.49 percent – 21.49 percent
Credit is required.
Good, Excellent
- Spend $3,000 in qualifying purchases on the Card during the first three months of Card membership to earn 15,000 Membership Rewards® points.
- On regular business expenditures like office supplies or client meals, earn 2X Membership Rewards® points. 2X applies to the first $50,000 in annual purchases, then 1 point every dollar after that.
- With Increased purchasing power, you have the ability to spend your Card above its credit limit*.
- *There is a limit on how much you may spend above your credit limit. It varies depending on your Card use, payment history, credit history, financial resources known to American Express, and other variables.
- 0.Purchases are tax-free., there is an introductory APR. for 12 months from the date of account opening, then a variable rate, 13.49% – 21.49%, based on your creditworthiness and other factors at account opening.
- There is no yearly charge.
- Terms and Conditions apply.
Pros
- There is no yearly charge.
- Purchases and balance transfers get a 0% APR for 12 months.
- Bonus points for new customers
- Increased purchasing power
- Rewards at a set rate
Cons
- Cash advances are not permitted.
- There is no cost for international transactions.
- The amount of money you may spend to get 2x points is restricted at $50,000.
- Protection under the Extended Warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than 2 years. It provides an additional 2 years if the original manufacturer’s warranty is between 2 and 5 years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: If an item bought with the card is damaged or stolen within 120 days of purchase, the issuer will repair, replace, or refund you. The maximum coverage is $1,000 per event and $50,000 per account per year.
Capital One® Spark® Cash Plus for Business is a credit card offered by Capital One®.
If you can pay off your amount in full every month, the Capital One® Spark Cash Plus is a smart alternative. On all business-related expenditures, this pay-in-full card gives limitless 2% cash back benefits. If you require a variable credit limit that changes to your needs according on your purchasing habits, payment history, and credit profile, this is a great option.
The Capital One® Spark® Cash Plus Card is a credit card issued by Capital One®.
Businesses that seek buying power and the ability to pay off their debts in full each month.
Apply Now
Capital One’s Protected Website
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APR on a regular basis
None. Because your debt is payable in whole every month, there is no APR. Otherwise, you’ll be charged a monthly late fee of 2.99 percent.
- Earn an unlimited 2% cash back for your company on every transaction, anywhere, with no limitations or restrictions on categories.
- In the first six months, you may earn up to $1,000; $500 if you spend $5,000 in the first three months, and $500 if you spend $50,000 in the first six months.
- Every year you spend $200,000 or more, you’ll get a $200 cash bonus.
Pros
- There is no predetermined spending limit.
- Bonus money of up to $1,000
- On all purchases, you’ll get a flat rate of 2% cash back.
- Possibility of receiving a yearly cash bonus
Cons
- An yearly charge is required.
- Every month, you must pay in full.
- Excellent credit is required.
- Foreign transaction fees are not charged on purchases made outside of the United States.
- $0 fraud liability: Advance emergency replacement for lost and stolen card plus cash advance fraud liability: Emergency replacement card for lost or stolen card plus cash advance fraud liability: Emergency replacement card for lost or stolen card plus cash advance
- Emergency services such as jump-starting, tire replacement, and towing are provided by roadside help.
APR on a regular basis
None. Because your debt is payable in whole every month, there is no APR. Otherwise, you’ll be charged a monthly late fee of 2.99 percent.
- Earn an unlimited 2% cash back for your company on every transaction, anywhere, with no limitations or restrictions on categories.
- In the first six months, you may earn up to $1,000; $500 if you spend $5,000 in the first three months, and $500 if you spend $50,000 in the first six months.
- Every year you spend $200,000 or more, you’ll get a $200 cash bonus.
Pros
- There is no predetermined spending limit.
- Bonus money of up to $1,000
- On all purchases, you’ll get a flat rate of 2% cash back.
- Possibility of receiving a yearly cash bonus
Cons
- An yearly charge is required.
- Every month, you must pay in full.
- Excellent credit is required.
- Foreign transaction fees are not charged on purchases made outside of the United States.
- $0 fraud liability: Advance emergency replacement for lost and stolen card plus cash advance fraud liability: Emergency replacement card for lost or stolen card plus cash advance fraud liability: Emergency replacement card for lost or stolen card plus cash advance
- Emergency services such as jump-starting, tire replacement, and towing are provided by roadside help.
Conclusion
The M&T Business Rewards Credit Card is a cash back card that offers fixed-rate, unlimited cash back on every purchase with There is no yearly charge.. This is ideal for business owners who don’t want to monitor bonus category expenses. Visit our Credit Card Marketplace to compare other business credit cards if this card isn’t what you’re seeking.
