A flat 2% back on every purchase with no categories to manage is the whole pitch, and the $1,000 bonus after $15,000 in spend within three months is a solid opener for a business with real volume. The $299 annual fee is waived for the first 12 months and waived again in any year the card sees $100,000 or more in eligible purchases, which is the number to focus on: below that threshold you are paying $299 for a rate that plenty of business cards offer for free. At $100,000 in annual spend the 2% return is $2,000 and the fee disappears, so the card is genuinely strong at the top of its range and hard to justify at the bottom. Truist depositors get a 10% bonus on rewards redeemed into an eligible business deposit account, a small but real bump. There are no travel perks or category multipliers here, so judge it purely on whether your spend clears the waiver.
Earn rates & credits
| Category | Rate |
|---|---|
Everything Else | 2% |
| Benefit | Value |
|---|---|
Annual Fee Waiver for High Spend The $299 annual fee is waived in any year the business puts $100,000 or more in eligible purchases on the card | $299 /yr |
Loyalty Cash Bonus 10% bonus on rewards redeemed into an eligible Truist business deposit account | 10% |
| Total annual credits | $299 |
Card details
Regular APR | 15.74%–24.74% variable |