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Credit Card Comparison - Small Business Cash Back Rewards Cards
Last Updated on January 30, 2024
Here you can compare all of theSmall Business Cash Back Rewards credit cards that are available in Canada.. The charts include costs, earn rates, redemption rules, insurance, benefits and more. Please note other rewards cards that have a cash back option (like travel cards) are not included in these charts.
Recommendation: Due to the size and detail of these charts they are best viewed on a desktop or tablet.
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Instructions!
Selecting which Credit Cards to Compare
Click on the icon to get a list of the cards which you can select for your comparison
If you only want to compare a couple of cards I recommend unchecking "toggle all" which will clear out all the cards (except for the very first one alphabetically) and then you can select the cards you want to compare (and uncheck the very first if you don't want to have that in your comparison)
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While Rewards Canada strives to provide correct and the most up to date information in these charts, changes are inevitable that we may not have been made aware of or have not been able to update by the time you use these charts. We always advise our readers to check the issuer card page for the latest card details. If you do find an error, omission or out of date information in our charts please contact us with the details so that we can update our data as soon as possible.
All Small Business Cash Back Rewards Credit Cards Comparison
Card
ATB MyBusiness™ Rewards Mastercard®
BMO CashBack® Business Mastercard®*
CWB Echelon Rewards Business Mastercard®
CWB Echelon Rewards+ Business Mastercard®
CIBC Costco Business Mastercard
CIBC Dividend Platinum® Visa* Card
CIBC Dividend® Visa Infinite* Card
Collabria No Fee Cash Back Business Mastercard
Collabria Platinum Business Mastercard
Collabria Visa Infinite Business Card
Desjardins Visa Business Card
Desjardins Visa Business Advantage Card
Meridian Visa Infinite Business* Cash Back Plus Card
Meridian Visa* Business Flex Cash Back Plus Card
Meridian Visa* Business Cash Back Plus Card
RBC® Business Cash Back Mastercard
Scotia Momentum® for business Visa* Card
TD Business Cash Back Visa* Card
Card Type
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Annual Fee
$0
$0
$0
$150
$0
$99
$120
$0
$99
$99
$60
Unknown
$110
$49
$0
$0
$79
$0
Limited Time Annual Fee Offer
N/A
N/A
N/A
N/A
N/A
$0 in the first year
$0 in the first year
N/A
N/A
N/A
N/A
N/A
$0 in the first year
$0 in the first year
N/A
N/A
N/A
N/A
Additional Card Fee
$0 (1-3)
$60 (4-11)
$0
$0
$50
$0
$30
$30
$0
$50
$50
$60 each for the first 3 cards, then $40 each
Unknown
$49
$0
$0
$0
$29
$0
Interest Rate
19.90%
Purchase † 22.90%
Cash Advance †
19.99%
Purchase 22.99%
Cash Advance
19.99% Purchase 22.99%
Cash Advance
19.99% Purchase 22.99%
Cash Advance
20.75% Purchase 22.49%
Cash Advance
20.99%
Purchase 22.99%
Cash Advance
20.99%
Purchase 22.99%
Cash Advance
19.99%
Purchase
20.99%
Purchase
20.99%
Purchase
Prime rate + 8.5%
Unknown
19.5%
Purchase 19.5% Cash Advance
Meridian Prime + (1.29% - 9.29%)
19.5%
Purchase 19.5% Cash Advance
19.99%
Purchase 22.99% Cash
19.99%
Purchase 22.99% Cash
19.99%
Purchase 22.99% Cash
Foreign Transaction Fee
2.9%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
Unknown
Unknown
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
Minimum Income Requirements
N/A
N/A
N/A
N/A
N/A
$15,000 household
$60,000 personal or $100,000 household annual income
N/A
N/A
$80,000 personal or $150,000 household
N/A
N/A
$60,000 personal or $100,000 household
None
None
N/A
N/A
N/A
Current Welcome Bonus
N/A
10% cash back on gas, office supplies, and recurring cell phone/internet bill payments for 3 months (up to $1,500 in eligible spend)
N/A
N/A
$100
10% cash back in the first 4 statement periods
10% cash back in the first 4 statement periods
$50 (awarded as 5,000 points)
$150 (awarded as 15,000 points)
$150 (awarded as 15,000 points)
N/A
N/A
N/A
N/A
N/A
Earn 2% cash back on purchases made on your card in the first three months
2.99% introductory interest rate on balance transfers for the first 6 months
N/A
Welcome Bonus Value
N/A
$150
N/A
N/A
$100
$200
$200
$50
$150
$150
N/A
N/A
N/A
N/A
N/A
Limited to the annual cap of $650 cash back
N/A
N/A
Renewal
or Additional Bonus
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Travel Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1%
1%
1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
Grocery Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1%
3%^
4%^
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
Dining / Food Delivery Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
3%
2%^
2%^
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
Entertainment Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1%
1%
1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
Gas & Transit** Purchases Earn Rate (** May include ride share, taxi, etc.)
1%
1.75% on Shell purchases
1.5% on all other gas station purchases otherwise 0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
3% at Costco Gas, 2% on all other gas
3%^
(Gas & EV Charging only)
2%^ (Transit)
4%^
(Gas & EV Charging only)
2%^ (Transit)
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
3% (Gas only) up to annual cap then 1%
2% (Gas only) up to annual cap then 0.5%
Drug Store Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1%
1%
1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
Daily Business expenses like Office Supplies, Electronics, etc.
1%
1.5% on office supplies otherwise 0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
2% on Costco Business Centre, Shipping & Insurance, otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
3% (Office Supply only) up to annual cap then 1%
2% (Office Supply only) up to annual cap then 0.5%
Recurring Bills
1%
1.5% on cell phone and internet bills otherwise 0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
3% up to annual cap then 1%
2% up to annual cap then 0.5%
All Other Purchases Earn Rate
1%
0.75%
0.5% (Up to 30% at select brand-name retail partners)
1.5% (Up to 30% at select brand-name retail partners)
1% except for Costco.ca purchases which are 2%
1%
1%
0.5%
1.5%
1.5%
1%^
1%^
1.5% (3% if in a foreign currency)
1%
1%
1% up to annual cap, then 0%
1%
0.5%
^ Annual cap on bonus category spending
N/A
N/A
N/A
N/A
$8,000 on 3% categories and $8,000 annually for 2% categories
$20,000 for the accelerated categories or $80,000 in gross annual spending
$20,000 for the accelerated categories or $80,000 in gross annual spending
N/A
N/A
N/A
^ No cash back is awarded for the first $11,999.99 spent on the card. The 1% is awarded on spend from $12,000 to $500,000 annually
^ No cash back is awarded for the first $11,999.99 spent on the card. The 1% is awarded on spend from $12,000 to $750,000 annually
N/A
N/A
N/A
There is a maximum of $650 cash back awarded annually. Any purchases made after reaching the cap will earn 0%
$50,000 annually combined across gas, restaurants, office supply and recurring bills
$15,000 annually for gas and office supply combined + $15,000 annually for recurring bills
Minimum cash back rewards amount required to cash out
$0.01
$1
$0.01
$0.01
$0.01
$25
$25
?
?
?
$0.01
$0.01
$1
$1
$1
$25
$0.01
$0.01
Cash Back Liquidity (how and when you can cash out)
Monthly
Anytime
Anytime
Anytime
Once per year in January
Anytime
Anytime
Anytime
Anytime
Anytime
Once per year
Once per year
Anytime
Anytime
Anytime
Anytime
Once per year
Once per year
Annual Credit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Airport Lounge Access Membership
No
No
Yes
Yes
No
No
No
No
No
No
No
No
No
No
No
No
No
No
Airport Lounge Access Annual Passes
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Free Global Wi-Fi
No
No
Yes
Yes
No
No
No
No
No
No
No
No
No
No
No
No
No
No
Common Carrier Travel Accident Insurance
None
None
None
$500,000
None
$500,000
$500,000
None
$1,000,000
$1,000,000
None
$100,000
$1,000,000
None
None
None
None
None
Flight
Delay Insurance
None
None
None
4 hours up to $500 per person / $1,000 max per trip
None
None
None
None
None
None
None
6 hours up to $500 total
None
None
None
None
None
None
Delayed Baggage Insurance
None
None
None
6 hours up to $500 per person / $1,000 max per trip
None
None
None
None
6 hours up to $500 per trip
6 hours up to $500 per trip
None
6 hours up to $500 total
6 hours
up to $500 per person
None
None
None
None
None
Lost / Stolen Baggage Insurance
None
None
None
up to $1,000 per person / $2,000 max per trip
None
None
None
None
up to $1,000 per trip
up to $1,000 per trip
None
Up to $500 total
Up to $1,000 per person
None
None
None
None
None
Damaged Baggage Insurance
None
None
None
None
None
None
None
None
up to $1,000 per trip
up to $1,000 per trip
None
Up to $500 total
Up to $1,000 per person
None
None
None
None
None
Trip
Cancellation Insurance
None
None
None
$2,000 per person
(up to $5,000 per trip)
None
None
None
None
$2,000
$2,000
None
None
Up to $2,000 per person
None
None
None
None
None
Trip
Interruption Insurance
None
None
None
$5,000 per person
(up to $25,000 per trip)
None
None
None
None
None
None
None
None
Up to $2,000 per person
None
None
None
None
None
Travel Medical Insurance up to 64 years old
None
None
None
None
None
None
10 days
None
None
None
None
None
None
None
None
None
8 days
None
Travel Medical Insurance 65+
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
3 days
None
Auto
Rental/Loss Damage Insurance
31 Days
Up to $85,000 MSRP
None
48 Days
Up to $85,000 MSRP
48 Days
Up to $85,000 MSRP
None
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
None
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
None
48 Days
Up to $85,000 MSRP
48 Days
Up to $65,000 MSRP
None
None
None
48 Days
Up to $65,000 MSRP
None
Hotel / Motel Burglary Insurance
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
None
Purchase
Protection
90 Days
up to $5,000 per item / $50,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days
Up to $1,000 per occurrence
90 Days
Up to $1,000 per occurrence
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days Up to $50,000 lifetime
90 Days Up to $50,000 lifetime
90 Days Up to $50,000 lifetime
None
None
90 Days
Max $50,000 in a lifetime
90 Days
Max $50,000 in a lifetime
90 Days
Max $50,000 in a lifetime
90 Days Up to $50,000 annually
90 Days Up to $60,000 lifetime
90 Days Up to $60,000 lifetime
Price
Protection
None
None
None
None
None
None
None
None
None
None
None
None
Yes
Yes
Yes
None
None
None
Extended
Warranty Plan
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
None
None
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Mobile Device Insurance
None
None
None
Up to $1,500
Up to $1,000
None
Up to $1,000
None
None
None
None
None
Up to $1,000
Up to $1,000
Up to $1,000
None
None
None
Link
to Apply
This chart was first posted on September 8, 2023 and is updated on a regular basis.
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