Two percent back on every purchase with no categories to track is the entire pitch, and a $1,000 bonus after $15,000 in three months is a strong opening for a business with real volume. The $299 annual fee is waived for the first 12 months and waived again in any year the business puts $100,000 or more in eligible purchases on the card, and that threshold is the number to plan around: clear it and this is effectively a free 2% card, fall short and you are paying $299 for a rate a no annual fee card can approach. Redeeming into an eligible Truist business deposit account adds a 10% bonus, which nudges the effective return up if you already bank there. Employee cards are free and the regular APR runs 15.74% to 24.74%. Run your realistic annual card spend against the $100,000 waiver before applying, because that single comparison decides whether this card makes sense.
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 |