Earn unlimited cashback with the most rewarding card for businesses

Cashback is a type of rewards programme where businesses can get a portion of the money they spend on their business purchases. A cashback card is one that reimburses you for a portion of your purchases. The cashback you receive will be credited to the same account that your card was linked to when making your purchase.

Cashback cards work in a very simple, straightforward manner. Simply use your cashback card to make your purchase, and at the end of the month or the following month, cashback will be credited to your card account. Your transaction amount will be divided by this cashback as a percentage. For instance, if your cashback card offers a 0.5% payback on marketing expenditures, you will receive Rp 100.000 in cashback for spending Rp 20 million on marketing.

Your eligibility for cashback is determined by two factors, the rewards scheme you choose, as well as your actual spending. Keep in mind that spending money is the only method to receive cashback.

Consider whether you can get benefits from a programme without altering your regular spending patterns before committing. If so, you'll probably be able to get your money back without going over your budget. If not, look for a programme that better fits the spending patterns of your company.

For each category, the majority of cashback cards impose a cashback cap. There can also be a monthly cap on the overall amount of cashback. Some cards offer cashback and have no cashback cap too. You can earn higher cashback if you look into these elements carefully.

This is determined by the category of spending. Higher cashback rates are often granted on certain merchant categories, such as marketing expenses, business software & hardware purchase (laptops, phones, etc.), travel (Airmiles), petrol, and so on.

For example, Aspire corporate cards offer up to 0.5% cashback on online marketing and software as a service goods, which are crucial to any firm. These include marketing channels like Facebook, Google, LinkedIn, TikTok, and others, as well as tools like Microsoft 365, Google Suite, Slack, Mail Chimp and others.

You must meet the minimum spend criteria to obtain rewards on your purchases with many cashback cards. If you don't spend much, consider cashback cards with no minimum spend. Also, keep in mind the maximum cashback amount, beyond which no cashback will be provided even if you spend more.

As banking becomes more digital, financial institutions are now offering Instant virtual cards. This means that if you are approved, you will receive a digital card that you may use right away. You don't have to wait a couple of  weeks for the physical card to come in the mail before you can make a purchase. They are also entirely safe and look precisely like physical cards, except they are digital.

When applying for virtual cards, follow the card issuer's instructions on how to locate your virtual card once it has been accepted.