in

SunTrust Business Cash Rewards Credit Card 5% Bonus Cash Back Offer ($480 Value) Promo 2022

The SunTrust Business Cash Rewards Credit Card has a unique offer of an elevated 5% cash back rate on office supplies and fuel. This bonus applies to the first $2,000 you spend every month, for your first 12 months. With a baseline of 3% cash back, you could be earning a bonus of up to $480. That’s an incredibly lucrative welcome offer, especially coming from a card that doesn’t cost anything to carry. See our list for more cash back credit cards.

With the SunTrust Business Cash Rewards card, you get a loyalty cash bonus of up to 50% if you redeem your rewards into a SunTrust bank account. Unfortunately, if you don’t already bank with the issuer, your company must be in a state where SunTrust operates in order to apply. 

*Check out SunTrust Bank bonuses for Checking & Savings accounts.

Chase Total Checking $200 Bonus 2022

Editor’s Alternate Pick

SunTrust Business Cash Rewards Card 5% Bonus Cash Back Offer

Most cash back cards offer a cash bonus if you spend a certain amount within 90 days. The SunTrust Business Cash Rewards card doesn’t have this type of introductory offer. Instead, it gives you an elevated cash back rate of 5% for up to $2,000 spent a month on office supply and fuel purchases. This bonus applies to the first 12 months from opening your account.

The SunTrust Business Cash Rewards card normally offers 3% on office supplies and fuel, so you essentially receive a bonus of 2%. By taking full advantage of the welcome offer, you’ll get an extra $480 on top of base rewards.


Earning SunTrust Cash Rewards

After you’ve reached the $2,000 monthly limit – and after your first 12 months – you’ll get 3% cash back on office supplies and fuel with no caps or restrictions. All other spending earns unlimited 1% cash back.


Redeeming SunTrust Cash Rewards

Despite what its name implies, SunTrust cash rewards can be used a number of ways:

  • Statement credits
  • Direct deposits
  • Travel
  • Experiences
  • Gift cards
  • Merchandise

For the best value, redeem your rewards for direct deposits into a SunTrust account (more on that below). Keep in mind, these have a $5 minimum redemption.

SunTrust Loyalty Cash Bonus

With SunTrust Loyalty Cash Bonus, the more you have in your deposit accounts, the bigger the bonus when you redeem your rewards directly into a SunTrust account.

Deposit Accounts Consumer Deposits &
Investment Balances
Loyalty Cash Bonus
SunTrust Checking
SunTrust Savings
SunTrust Money Market
N/A 10%
SunTrust Advantage Checking
SunTrust Signature Advantage Checking
SunTrust Exclusive Checking
$25,000 – $100,000 25%
SunTrust Advantage Checking
SunTrust Signature Advantage Checking
SunTrust Exclusive Checking
$100,000+ 50%
SunTrust Premier Program
SunTrust Private Wealth Mangement
N/A 50%

A 10% Loyalty Cash Bonus on $100 in base cash rewards would earn a $10 bonus. So the total in cash rewards earned would be $110.


SunTrust Business Cash Rewards Card Availability

If you don’t already bank with SunTrust, the Business Cash Rewards card is limited to within the issuer’s network. That includes:

  • Alabama 
  • Arkansas
  • Florida
  • Georgia
  • Maryland
  • Mississippi
  • North Carolina
  • South Carolina
  • Tennessee
  • Virginia
  • Washington, D. C.
  • West Virginia

Otherwise, you’ll need to consider other credit card options.


Bottom Line

Does your company spend a lot on office supplies and fuel? If you already have a banking relationship with SunTrust, the Business Cash Rewards card is a good option. With an extremely generous introductory offer, a 3% cash back rate on office supply and fuel purchases, and a loyalty boost, you’re bound to find a lot value out of this business rewards card. And the kicker? It doesn’t cost anything to carry.

But if your company spending covers a wide range of categories, consider a flat-rate cash back business card instead.


Aspiration-200-Bonus

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Regions Prestige Visa Signature Credit Card 15,000 Bonus Points ($150 Value) Promo 2022

Misfits Market Promotions: $10 Off Coupon Code & Give $10 Off, Get $10 Off Referrals Promo 2022