BB&T Spectrum Cash Rewards for Business Credit Card

BB&T Spectrum Cash Rewards for Business Credit Card

BB&T Spectrum Cash Rewards for Business Credit Card

Currently Unavailable Terms & Conditions

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None Annual Fee

BB&T Spectrum Cash Rewards for Business Credit Card

• 12.24% to 21.24% variable based on creditworthiness and the Prime Rate Regular Purchase APR
• 12.24% to 21.24% variable based on creditworthiness and the Prime Rate Balance Transfer APR
• 24.24% variable based on the Prime Rate Cash Advance APR
• 0% for 9 months from account opening date Intro Purchase APR

• Best Benefits
• Rates & Fees
• Why Should You Apply?

• Get 3% cash back on gas, 2% cash back at restaurants and office supply stores, and 1% cash back on all other eligible purchases
• 0% introductory annual percentage rate for 9 months on purchases
• Redeem your rewards into your BB&T business deposit account for an additional 10% bonus; Redeem your rewards for cash back, statement credits, gift cards, travel and more
• Get no-cost employee cards

• Intro Purchase APR: 0% for 9 months from account opening date
• Regular Purchase APR: 12.24% to 21.24% variable based on creditworthiness and the Prime Rate
• Balance Transfer APR: 12.24% to 21.24% variable based on creditworthiness and the Prime Rate
• Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each balance transfer, whichever is greater
• Cash Advance APR: 24.24% variable based on the Prime Rate
• Cash Advance Transaction Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater
• Penalty APR: 25.15% variable based on the Prime Rate
• Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
• Late Payment Penalty Fee: $39
• Return Payment Penalty Fee: $39
• Over Limit Penalty Fee: $39

• N/A

More Details

BB&T Spectrum Cash Rewards for Business Credit Card

Terms & Conditions

Currently Unavailable Terms & Conditions

At a Glance

Some business credit cards offer flimsy rewards programs that are tough to get excited about; not the BB&T Spectrum Cash Rewards for Business, however. Offering bonuses of 3% on gas, 2% at restaurants and office supply stores, and 1% on other eligible purchases, it’s easy to earn more cash back with the BB&T Spectrum Cash Rewards for Business in hand.

Ideal for Those Who:

• Want to earn cash back bonuses on gas, restaurants, office supplies, and other qualifying everyday business expenses
• Are interested in redeeming those rewards for cash back, statement credits, gift cards, travel, and more
• Have multiple employees who could benefit from having a company card of their own

BB&T Spectrum Cash Rewards for Business Credit Card Review

Through the use of the BB&T Spectrum Cash Rewards for Business, your company will be earning cash back bonuses faster than ever on expenses you’re all already making on a daily basis. Salespersons driving around town to meet clients can earn 3% cash back on the gas purchased to travel, 2% on the power lunches used to court their business, and another 2% on business cards for breaking the ice. If these rewards are redeemed into your BB&T business deposit account, you’ll also earn an additional 10% bonus, which is ultimately great for the company’s bottom line.

The card also comes with a fairly decent introductory APR period on purchases. New small business accounts enjoy no interest for the first nine months on purchases, which is a great feature for companies that plan to invest in technologies or even have a conference trip planned – and want to offset those charges over the next 3/4 of the year. 

Once that intro APR period ends, the card charges a fairly competitive APR on both purchases and balance transfers (the latter of which does not offer a promotional APR). While these rates aren’t spectacular, they are extremely competitive – and lower than the national average.

Managers concerned about employees spending more than their allotted budget can get peace of mind via the beneficial monitoring features that come with the BB&T Spectrum Cash Rewards for Business. Not only can the free additional cards for employees be monitored online, but they’ll have protection against unauthorized purchases thanks to the Visa® Zero Liability policy. Overdraft protection can also be added for up to two business deposit accounts for even more protection still.

Should You Apply for the BB&T Spectrum Cash Rewards for Business Credit Card?

Overall, the BB&T Spectrum Cash Rewards for Business offers plenty of versatility for the company that wants a credit card with a decent APR, introductory APR period, and solid cash back potential. Up to 3% back is particularly impressive, especially for small or medium-sized companies that issue multiple cards for sales employees – or anyone else with a company card that routinely purchases gasoline. 

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