Truist, the result of the merger between SunTrust Bank and BB&T, provides a diverse range of business credit card options to meet the specific needs of your small business.
These credit cards offer valuable benefits and features that enhance your financial management, streamline your purchasing processes, and support the growth of your business.
Whether you are seeking cash rewards, travel perks, or tools to manage your organization’s expenses, Truist has carefully customized options to cater to your requirements. With Truist’s business credit cards, you can unlock a world of financial possibilities that help propel your business forward.
Are you excited? Yeah, you should be! You’re about to explore the best Truist business credit cards.
Delve into their key features, pros and cons, and additional details. The aim is to equip you with all the knowledge you need to make an informed decision.
Are you ready? Great! Dive right in.
BEST MID-TIER HOTEL CARD
Truist Business Cash Rewards Credit Card
Up to 5X Reward Rate
Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores and 1% on all other purchases
9.8/10
Welcome Bonus
$200
Annual Fee
$0
Regular APR
17.99% – 26.74% Variable
Credit Score
Excellent, Good (700 – 749)
The Truist Business Cash Rewards Credit Card is the perfect fit for your business especially if you frequently spend on gas, dining, and office supplies.
This card offers a remarkable cash-back rewards program, providing generous returns on your expenses. With a competitive cash-back rate and the added benefit of no annual fee, this card delivers exceptional value specifically tailored to small-to-medium-sized businesses like yours.
Pros
- Offers 3% cash back on gas purchases.
- Gives 2% cash back at restaurants and office supply stores, up to $2,000 in combined spend per month.
- Provides 1% cash back on all other eligible purchases.
- Does not charge an annual fee.
- Features a 0% introductory APR on purchases for 9 months.
Cons
- Limits the 2% cash back rate at restaurants and office supply stores to a combined spend of $2,000 per month.
- Imposes a variable APR of 17.24%-26.24% on purchases after the intro rate expires.
The Truist Business Cash Rewards Credit Card offers a comprehensive set of features for your business. In addition to the attractive cash-back rates, this card provides a 0% introductory APR on purchases for nine months, allowing you to make necessary business purchases without incurring interest during the introductory period.
The absence of an annual fee ensures that you can enjoy the benefits of the card without any additional costs. Furthermore, as a cardholder of the Truist Business Cash Rewards Credit Card, you enjoy the convenience and security that comes with authorized cardholders, digital account management, and Visa Zero Liability protection
BEST MID-TIER HOTEL CARD
Truist Business Travel Rewards Credit Card
Up to 5X Reward Rate
Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores and 1% on all other purchases
9.5/10
Welcome Bonus
$200
Annual Fee
$0
Regular APR
17.99% – 26.74% Variable
Credit Score
Excellent, Good (700 – 749)
If your business frequently incurs travel-related expenses, the Truist Business Travel Rewards Credit Card is an exceptional choice. With its impressive miles rewards program, valuable statement credits, and the added perk of no foreign transaction fees,
This card offers substantial value, catering to the unique needs of businesses like yours that are constantly on transit.
Pros
- Offers 2 miles per $1 spent on airfare, car rentals, and hotels.
- Gives 1 mile per $1 spent on all other purchases.
- Provides a statement credit towards TSA Pre✓ or Global Entry application fee reimbursement.
- Waives the $49 annual fee for the first year.
- Features a 0% introductory APR on purchases and balance transfers.
- Does not charge foreign transaction fees.
Cons
- Imposes a $49 annual fee (waived for the first year).
- Charges a variable APR of 17.24%-26.24% on purchases and balance transfers after the introductory period.
The Truist Business Travel Rewards Credit Card offers a range of features particularly for you, the business traveler. With this card, you earn 2 miles for every $1 you spend on airfare, car rentals, and hotels, allowing you to quickly accumulate rewards that you can use to offset your travel expenses.
Enjoy the convenience of a statement credit towards TSA Pre✓ or Global Entry application fee reimbursement, saving you time and money on expedited security screenings.
Manage your expenses efficiently with the 0% introductory APR on purchases and balance transfers. Plus, you have the added convenience and security of authorized cardholders, digital account management, and Visa Zero Liability protection. With the Truist Business Travel Rewards Credit Card, you can make the most out of your business travels and enjoy the benefits that come with it.
BEST MID-TIER HOTEL CARD
Truist Business Credit Card
Up to 5X Reward Rate
Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores and 1% on all other purchases
9.2/10
Welcome Bonus
$200
Annual Fee
$0
Regular APR
17.99% – 26.74% Variable
Credit Score
Excellent, Good (700 – 749)
The Truist Business Credit Card is the ideal choice for your business if you are seeking a low-interest credit card option. With this card, you can enjoy competitive interest rates, no annual fee, and a range of additional benefits that make it a straightforward and cost-effective solution for managing your business expenses.
By choosing the Truist Business Credit Card, you can take control of your finances and keep your costs down, allowing you to focus on growing your business with confidence.
Pros
- Provides competitive interest rates.
- Does not charge an annual fee.
- Offers a 0% introductory APR on purchases for a certain period.
- Includes additional benefits like authorized cardholders, digital account management, and Visa Zero Liability protection.
Cons
- Features an introductory APR period on purchases (specific details may vary)
- Transitions to a variable APR on purchases after the introductory rate expires
Does not include a rewards program
The Truist Business Credit Card is specifically for your business, providing you with a low-interest credit card option. It offers competitive interest rates that help you save on interest expenses if you anticipate carrying a balance.
You can use this card without worrying about an annual fee, as It does not incur any additional costs. Experience added convenience and security with benefits such as authorized cardholders, digital account management, and Visa Zero Liability protection.
By choosing the Truist Business Credit Card, you can effectively manage your expenses and focus on the growth of your business.
Overview of Best Truist Business Credit Cards
Truist offers a range of business credit cards to meet your specific needs as a business owner. Whether you want to maximize your rewards, enjoy travel perks, or benefit from low-interest rates, you have a Truist business credit card.
The Truist Business Cash Rewards Credit Card allows you to earn cash back on your purchases, with bonus categories like gas and restaurants. It also offers a 0% introductory APR on purchases.
If you frequently travel for business, the Truist Business Travel Rewards Credit Card is a great choice. It offers double miles on airfare, car rentals, and hotels, as well as a statement credit for TSA Pre✓ or Global Entry. Plus, there are no foreign transaction fees.
If your business is seeking a low-interest credit card, the Truist Business Platinum Credit Card is an ideal option. It provides competitive interest rates and has no annual fee, making it a cost-effective choice.
Each card has its unique features and benefits, allowing you to choose the one that aligns with your spending habits and preferences.
How To Choose a Credit Card
When selecting the best Truist business credit card for your needs, consider the following factors:
- Spending Patterns: Evaluate your business’s spending categories and prioritize cards that offer higher rewards or cash-back rates in those areas.
- Introductory Offers: Look for cards with attractive introductory APR periods or bonus rewards for new cardholders.
- Fees: Consider the annual fees associated with the cards and assess whether the benefits outweigh the costs.
- Additional Benefits: Take note of the supplementary perks offered, such as statement credits, reimbursement for travel expenses, or extra features like digital account management.
Pros & Cons of Best Truist Business Credit Cards
- Pros of Truist Business Credit Cards:
- Offer rewarding programs, such as cash back or miles, allowing businesses to earn valuable benefits on their spending.
- Provide introductory offers, including 0% APR periods on purchases or balance transfers, helping businesses save on interest charges.
- Include additional benefits like authorized cardholders, digital account management, and Visa Zero Liability protection, enhancing convenience and security.
- Cons of Truist Business Credit Cards:
- Impose variable APR rates after any introductory periods, which can be relatively high and may result in increased interest charges if you carry balances are over.
- May have potential fees, including annual fees (some of which are waived for the first year), and you should consider whether the benefits outweigh the costs.
- Come with limitations or restrictions on cash back or rewards categories, such as spending caps or specific eligible merchants, which may impact the overall value of your business.
What to Watch Out For
While Truist business credit cards have their advantages, it’s essential to be aware of the following aspects:
- Variable APR: Pay attention to the variable APR rates that may apply after any introductory periods.
- Spending Limits: Some cards may have monthly spending limits for higher cash back or rewards rates.
- Relevance of Loyalty Bonuses: Evaluate whether the loyalty bonuses based on Truist business deposit relationships are relevant and beneficial for your specific business needs.
Pro Tips
Consider these tips when choosing and using Truist business credit cards:
- Maximize Rewards: Tailor your card choice based on your business’s primary spending categories to maximize rewards or cash-back earnings.
- Timely Payments: Ensure prompt payment to avoid interest charges and maintain a good credit standing.
- Track Expenses: Utilize digital account management tools to monitor and categorize your business expenses easily.
Recap
Truist offers a diverse selection of business credit cards that cater to various needs. Whether you’re looking for cash-back rewards, travel benefits, or a low-interest option, Truist has the right card for you.
The Truist Business Cash Rewards Credit Card provides cash back on purchases, while the Truist Business Travel Rewards Credit Card offers double miles on travel expenses.
If you prefer a low-interest option, the Truist Business Platinum Credit Card is a great choice. With Truist business credit cards, you can effectively manage your expenses and enjoy additional perks such as no annual fees and convenient account management features.
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