Associated Bank Business Cash Preferred Card
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The Associated Bank Business Cash Preferred Card is a business card designed for business owners who want cash back rewards on business purchases. It has a small welcome offer once you make your first purchase, plus a $100 annual software credit after 11 consecutive monthly software transactions. There’s a 0% introductory APR offer on purchases and balance transfers, and it offers free cards for employees as well. Rewards expire if you don’t use them within five years, and if you want travel rewards, there are better cards out there. We dive into the details and your approval odds in this Associated Business Preferred review.
Our Rating
3.8/5.0
Welcome Offer
Get $25 cash back
Annual Fee
$0
0% on Purchases
6 months
Reward Rate
1% to 3% cash back
0% on Balance Transfers
6 months
Welcome Offer
Get $25 cash back applied to your account after your first purchase.
Features & Benefits
| Security | EMV Chip Enabled, Zero Liability |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Extended Warranty Coverage, Purchase Protection, 24/7 customer service |
| Travel Perks | Auto Rental Collision Damage Waiver, Emergency Travel Assistance, Luggage Protection, Roadside Assistance, Travel Accident Insurance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars. 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency |
| Regular APR | 19.24% to 28.24% (V) APR |
| Balance Transfers | 0% Intro APR for 6 months on balance transfers, then 19.24% to 28.24%(V) APR after that. |
| Balance Transfer Intro Fee | 0% introductory APR for the first 6 billing cycles for balances transferred within 186 days from account opening. |
| Balance Transfer Fee | Either 3% of the amount of each transfer or $5 minimum, whichever is greater. |
| Purchases | 0% Intro APR for 6 months on purchases, then 19.24% to 28.24% (V) APR after that. |
Pros & Cons
- Welcome offer
- No annual fee
- Up to 3% cash back
- High APR
- Foreign transaction fee
- Requires good credit
- Small welcome offer
What Are the Best Alternatives?
U.S. Bank Triple Cash Rewards Visa® Business Card
Rating
4.5
Rewards Range
1% - 5% Cash Back
Annual Fee
$0
Ink Business Cash® Credit Card
Rating
4.8
Rewards Range
1%-5%
Annual Fee
$0
The American Express Blue Business Cash™ Card
Rating
4.6
Rewards Range
1% - 2%
Annual Fee
No annual fee