Card Details
Earn Cash Back on Purchases Earn cash back on purchases made on the card.
Take Your Credit When You Want It Once your cash back balance reaches $25 or more, you can have the full amount credited to your account at any time.
Otherwise the cash back credit will automatically be credited to your account every January. Automatic Enrolment in Mastercard's Easy Savings Program The Easy Savings Program provides you and your business with automatic rebates on products and services from participating merchants.
Take Your Credit When You Want It Once your cash back balance reaches $25 or more, you can have the full amount credited to your account at any time.
Otherwise the cash back credit will automatically be credited to your account every January. Automatic Enrolment in Mastercard's Easy Savings Program The Easy Savings Program provides you and your business with automatic rebates on products and services from participating merchants.
Insurance
-
Priority airport services
No
-
Airport lounge access
No
-
Concierge service
No
-
Balance protection(Optional)
No
-
Purchase Security & Extended Protection Insurance
Yes
-
Flight delay insurance,Baggage Insurance
No
-
Vehicule rental insurance
No
-
Travel accident insurance
No
-
Travel medical insurance
No
Fees and Eligibility
Fees
- Annual Fee: $0
- Additional Card Fee: $0
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 22.99%
Eligibility
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Recommended Credit Score:
670
900
Average to Excellent
Our Rating
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
Purchase Security Protect your eligible business purchases charged to your RBC Business Cash Back Mastercard against theft, loss or damage for 90 days from the day you buy them.
Extended Warranty Doubles the manufacturer's original Canadian warranty by up to one additional year, to a maximum of 5 years. This valuable coverage protects all eligible business items that are purchased on your RBC Business Cash Back Mastercard.
Extended Warranty Doubles the manufacturer's original Canadian warranty by up to one additional year, to a maximum of 5 years. This valuable coverage protects all eligible business items that are purchased on your RBC Business Cash Back Mastercard.
Editor's Review
A simple cashback card for business owners with no annual fee. Earn 2% cash back on all purchases during the first 3 months and 1% cash back thereafter. Maximum cash back per year is $650—receive a statement credit every January or anytime you’ve accumulated at least $25. The RBC Business Cash Back Mastercard includes purchase security and extended warranty.
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Other Recommended Credit Cards
American Express® Business Gold Rewards Card
Annual Fee
199$
Recommended Credit Score:
670
900
Average to Excellent
American Express® Business Gold Rewards Card
WELCOME BONUS
WELCOME BONUS
- Earn up to 110,000 points: Earn a welcome bonus of 60,000 Membership Rewards® points after spending $5,000 in purchases within the first three months of Cardmembership. Earn an additional 10,000 Membership Rewards® points when you make a purchase after your 14-month Card anniversary date. Plus earn 10,000 bonus points when you charge $20,000 in net purchases to your Card account each calendar quarter. That’s a total of up to 40,000 points every year. If redeemed for a statement credit, this is $1,100 that you can reinvest in your business.
- The Membership Rewards program boasts an exceptional line-up of rewards redemption options for you and your business, including travel, dining, entertainment, gift cards, merchadise, and more
MAXIMIZE CASH FLOW
- You can maximize your cash flow with up to 55 interest free days. Use the Card throughout the month for all of your everyday business expenses, and earn reward points while you're at it.
- Earn 1 Membership Rewards point for every dollar in purchases charged to the Card. Track Your Progress by logging into your American Express® App to see how your quarterly purchases are stacking up. Download the Amex App for your phone . Available on iOS and Android only.
DYNAMIC PURCHASING POWER
- Take advantage of purchasing power that grows with your business. With this Card, your purchasing power adjusts dynamically with your Card usage, and can grow over time, as long as you make your payments on time and maintain a good credit history
- Make the most of a suite of business management tools that give you more control over your business - anytime and anywhere
- 99% Recycled Plastic: You will receive your new Business Gold Rewards Card once your current Card expires. You can continue to use your current Card until you receive a new one. As part of our commitment to sustainability, your Card has been created using 99% recycled plastic
- Special Business Offers with American Express. Explore offers for dining, travel, business supplies and services, and more – from brands you love
- Enjoy added confidence with Mobile Device Insurance. You can be protected with our Mobile Device Insurance. Enjoy your new mobile device with more confidence
- As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges
American Express AIR MILES for Business Card
Annual Fee
180$
Recommended Credit Score:
670
900
Average to Excellent
WELCOME BONUS
Earn a bonus of 2,000 AIR MILES Reward Miles when you charge a total of $5,000 in purchases to your Card within your first 3 months of Cardmembership.
Earning Miles
Earn 1 AIR MILES Reward Mile for every $10 in Card purchases at AIR MILES Sponsors and 1 AIR MILES Reward Mile for every $15 in Card purchases everywhere else.
Maximize your earning power by using both your AIR MILES Collector Card and your new American Express AIR MILES for Business Card at AIR MILES Sponsors and you can earn AIR MILES Rewards Miles twice.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
Maximize your earning power by using both your AIR MILES Collector Card and your new American Express AIR MILES for Business Card at AIR MILES Sponsors and you can earn AIR MILES Rewards Miles twice.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
American Express® AIR MILES®* Gold Business Card
Annual Fee
0$
Recommended Credit Score:
670
900
Average to Excellent
WELCOME BONUS
Get 150 bonus AIR MILES Reward Miles when you spend $1,000 in the first 3 months of Cardmembership.
NO ANNUAL FEE
Pay no annual fee. Plus, enjoy the flexibility to pay balances in full or over time. EARN AIR MILES REWARD MILES TWICE Shop at participating AIR MILES Sponsors across Canada with the American Express AIR MILES Gold Business Card and your AIR MILES Collector Card, and you can earn Reward Miles twice.
Get 150 bonus AIR MILES Reward Miles when you spend $1,000 in the first 3 months of Cardmembership.
NO ANNUAL FEE
Pay no annual fee. Plus, enjoy the flexibility to pay balances in full or over time. EARN AIR MILES REWARD MILES TWICE Shop at participating AIR MILES Sponsors across Canada with the American Express AIR MILES Gold Business Card and your AIR MILES Collector Card, and you can earn Reward Miles twice.
Earning Miles
- Earn 1 Reward Mile for every $15 in Card purchases at AIR MILES®* Sponsors
- Earn 1 Reward Mile for every $20 in Card purchases everywhere else
Redeeming Miles
- Redeem for more than 1,200 Rewards including entertainment, kitchen fun, electronics and so much more
- AIR MILES has many ways to get you where you want to go with Flights, Hotels, Car Rentals and Package Vacations and Cruises
Author Bio
Mohamed Konate
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.
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