Truist Business Cash Rewards Credit Card
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The Truist Business Cash Rewards Credit Card is designed for business owners who already bank at Truist. This card does not have a welcome offer. You earn elevated rates on gas, office supplies, and at restaurants but there is a $2,000 cap per month for combined purchases. Once you hit that $2,000 threshold, you’ll earn just 1% cash back. If you already bank at Truist, you get a loyalty cash bonus when you link your Truist business checking account to your card. This bonus starts at 10% and can go up to 50%, depending on how much cash you keep in Truist accounts. We dive into the details and your approval odds in this Truist Business review.
Our Rating
4.0/5.0
Welcome Offer
None
Annual Fee
$0
0% on Purchases
9 billing cycles
Reward Rate
1% to 3% cash back
0% on Balance Transfers
N/a
Welcome Offer
None
Features & Benefits
| Security | EMV Chip Enabled, Zero Liability, Identity theft protection |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, PayPal |
| Benefits | Extended Warranty Coverage, Purchase Protection, 24/7 customer service |
| Travel Perks | Auto Rental Collision Damage Waiver, Concierge Services, Emergency Travel Assistance, Luggage Protection, Roadside Assistance, Travel Accident Insurance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of the U.S. dollar amount of each transaction made in a foreign currency and any transaction made in U.S. dollars that is processed outside of the United States. |
| Regular APR | 17.49% to 26.49% (V) APR |
| Purchases | 0% Intro APR for 9 months on purchases, then 17.49% to 26.49% (V) APR after that. |
What Credit Score Is Required to Get the Truist Business Cash Rewards Credit Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 780
Average Approved Credit Score: 784
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 02/12/2023 | Experian | ||
| Approved | 02/12/2023 | Experian | ||
| Approved | 02/12/2023 | Equifax | ||
| Approved | 02/12/2023 | TransUnion |
Pros & Cons
- No annual fee
- up to 3% cash back
- No welcome bonus
- High APR
- Foreign transaction fee
What Are the Best Alternatives?
Ink Business Cash® Credit Card
Rating
4.8
Rewards Range
1%-5%
Annual Fee
$0
U.S. Bank Triple Cash Rewards Visa® Business Card
Rating
4.5
Rewards Range
1% - 5% Cash Back
Annual Fee
$0
The American Express Blue Business Cash™ Card
Rating
4.6
Rewards Range
1% - 2%
Annual Fee
No annual fee