Community Bank Smart Business Rewards Card
Editorial Note: We earn a commission from partner links on Allcards. Commissions do not affect our authors’ or editors’ opinions or evaluations. From our partners: See our advertiser disclosure here.
The Community Bank Smart Business Rewards Card is designed for business owners who spend in categories not often rewarded by other credit cards. The card offers 2x points on whatever your top two spend categories are every month. There are 48 categories and sub-categories, everything from airlines to wholesale goods. There is a generous welcome offer for a low spend, and the annual fee is waived for the first year. You will need to live near a branch to apply. Community Bank is located in Mississippi, Florida, Alabama and Tennessee. We dive into the details in this Community Business Rewards review.
Our Rating
3.0/5.0
Welcome Offer
Earn $200 (20,000 bonus rewards points)
Annual Fee
$95, waived for the first 12 months and for Authorized Employees
0% on Purchases
N/a
Reward Rate
1x to 2x points
0% on Balance Transfers
N/a
Welcome Offer
Earn $200 (20,000 bonus rewards points) when you spend $500 in the first 90 days of account opening.
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, 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 | Access to Special Events and Concerts, Auto Rental Collision Damage Waiver, Concierge Services, Emergency Travel Assistance, Luggage Protection, Roadside Assistance, Travel Accident Insurance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 introductory annual fee for the first 12 months. After that, $95 for Account Owners and $0 for Authorized Employees. |
| Foreign Transaction Fee | None |
| Regular APR | 21.24% to 26.24% (V) APR |
Insurance
Extended Warranty
Double the time of manufacturers’ written U.S. warranties by up to 1 year on warranties of 3 years or less, and up to a maximum of $10,000 per claim when you buy eligible items with your credit card. Certain terms, conditions and exclusions may apply.
Purchase Protection
We will replace, repair or reimburse lost or stolen items you purchased entirely with your credit card for up to 90 days from the date of purchase. Certain terms, conditions and exclusions may apply.
Lost Baggage Insurance
Get reimbursed if your checked or carry-on luggage and its contents are stolen or lost by the carrier when you are traveling. Certain terms, conditions and exclusions may apply.
Pros & Cons
- Welcome offer
- No foreign transaction fee
- Earn 2x points on top 2 spend categories
- Annual fee
- High APR
- Requires good credit
- Only available in limited geographic area
What Are the Best Alternatives?
The Blue Business® Plus Credit Card from American Express
Rating
4.5
Rewards Range
1x - 2x
Annual Fee
No annual fee
Capital One Spark Cash Plus
Rating
4.8
Rewards Range
2% to 5%
Annual Fee
$150
Ink Business Cash® Credit Card
Rating
4.8
Rewards Range
1%-5%
Annual Fee
$0