Save Hundreds in Business Expenses with this Credit Card Strategy ©

Canadian small or home-based businesses can utilize their personal credit card rewards (points, cash-back, etc.) to offset many common business expenses. The concept isn’t new, but the ability to strategically plan it is.

We’ve discovered a new, free tool that makes it simple for Canadians to compare credit card reward programs and find the most beneficial one for their needs. Can I Pay Less takes your spending habits and what you typically use your rewards for, and calculates an actual cash value for reward programs. This information is used to recommend the best credit card reward program for you. It also includes the option to enter your current credit card reward program for comparison purposes. You’ll be pleasantly surprised at how many options are presented to you in the final results, allowing you to further tailor your choice to suit your needs.

The site allows you to “take a peek” so you can see examples of this powerful tool in action before you sign up. One case scenario features Jack, who makes $30,000/year. He spends a lot of money on gas and eating out, and uses most of his credit card rewards for cash, gift cards and merchandise.

Groceries: $300.00
Restaurants: $400.00
Gas: $400.00
Travel: $100.00
Bills: $200.00
Other: $300.00
Jack’s Total Monthly Expenses: $1700.00

Can I Pay Less comes up with a whopping 49 options for Jack, beginning with the credit card(s) with the highest monetary value in rewards (less fees):

Save Hundreds in Business Expenses with this Credit Card Strategy

For record-keeping purposes, the easiest way to use a personal credit card for business expenses is to have designated cards that are only used for your business. Then it’s a simple matter of keeping your statements as a summary and filing them with your receipts. If you are able to pay them in full every month, your credit card rewards will truly be freebies.

Refine your credit card rewards strategy with a plan for how to best utilize them, such as:

  • Travel (tickets, hotels, car rentals)
  • Office Supplies (gift cards)
  • Gas
  • Employee incentive gifts (merchandise or gift cards)

A partner in a company I once worked for used Air Miles® accumulated through his credit card rewards program, to give away a trip to anywhere in North America at our Christmas party. There is virtually no end to the practical applications.

How do you use credit card rewards for your small or home-based business? Please share your ideas in the comments below.


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Digital Business & Marketing Manager at Online Business Canada | Website | + posts

Melody McKinnon is an internet entrepreneur with 25 years of experience in a wide range of online business models, backed by a formal business education and enhanced by training and mentorship. She has owned or managed both educational and ecommerce websites. Her book, 7 Recession Proof Online Businesses to Start From Home, is available from all major ebook retailers.

Melody has worked with many businesses & brands in a multitude of capacities. She can often be found on,,, and, as well as other quality digital publications. Her content has earned reference links from highly-respected websites, magazines and university textbooks.

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It all helps! especially when you own a home business and the budget is pretty much zero.

Penny Pincher

I love rewards programs because there’s nothing like getting something for nothing….or so it seems anyway.


I love the idea of applying a method and having a plan for rewards! I’m excited to give it a try and I will report back.

Gus F.

I’ve used rewards for prizes too, many times. I’ll look into more cards now that it’s easy. I’m hoping to get a laptop for a top sales prize this year.


What a useful tool that is. I love freebies and use rewards for practical stuff all the time.

Tamyra Kelowna

Brilliant strategy for saving. I usually go with cash back because it’s easy but I can see I’m losing money now.

I love how your mind works and your writing style is delightful. I’m truly enjoying the site, thank you.


Great idea! I’m at work now but I’ll try it out later. Thanks for the tip!