MOUNTAIN VIEW, Calif. — Intuit has launched a new business credit card that integrates directly with QuickBooks, offering cash-back rewards and expense management tools aimed at small-business owners already using the company’s financial software ecosystem.
According to Intuit, the new Intuit Business Credit Card is a no-annual-fee World Elite Business Mastercard that automatically syncs purchases with a linked QuickBooks account, allowing expenses to be categorized and tracked without manual entry.
The company said the card’s rewards program includes:
- Unlimited 5% cash back on eligible Intuit products and services, including QuickBooks, Mailchimp and TurboTax. Transaction fees, such as merchant services fees, are excluded.
- Unlimited 2% cash back on everyday business purchases.
- A $300 welcome bonus after spending $3,000 during the first three months after opening the account.
Intuit said the card is designed to simplify expense management by automatically importing purchases into QuickBooks, reducing bookkeeping tasks for small-business owners.
Additional Features
Additional features include immediate access to a virtual card through the Intuit Business Credit Card mobile app after approval, allowing businesses to begin making purchases before receiving a physical card.
The company also said business owners can issue virtual or physical employee cards with customizable spending limits for employees and independent contractors.
The launch expands Intuit’s suite of financial products for small businesses, complementing its existing offerings that include QuickBooks accounting software, TurboTax tax preparation services and Mailchimp marketing tools.
Intuit said the combination of accounting integration, cash-back rewards and employee spending controls is intended to help businesses better manage cash flow while streamlining financial administration.
