Raymond James Mastercard® Business Cash Preferred
Raymond James and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Raymond James. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
How we calculate effective rate →
The Raymond James Mastercard® Business Cash Preferred from Raymond James earns up to 3% effective value on dining in Madeen's catalog snapshot. It has no annual fee. New applicants may see: $25 cash back awarded after first purchase..
- Top category
- Dining
- Effective value
- 3%
- Annual fee
- $0
Worth a look for dining spend if you need a business card and can use cash back the way you redeem today. Best for spenders who put meaningful volume in dining and can earn 3% back. The welcome bonus can help if you can meet the spend requirement.
What does the Raymond James Mastercard Business Cash Preferred earn in each category?
Dining is the strongest category at 3% effective value (3% back). That dining rate ranks higher than about 81% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how Raymond James Mastercard Business Cash Preferred compares across dining, grocery, gas, travel, and other spend. Catalog spend signals highlight coffee at 3x among.
Dining is the strongest category at 3% effective value (3% back). That dining rate ranks higher than about 81% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how Raymond James Mastercard Business Cash Preferred compares across dining, grocery, gas, travel, and other spend.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 3% back | 3% Top category |
| Grocery Supermarkets and grocery stores | 1% back | 1% |
| Gas Gas stations and fuel | 3% back | 3% |
| Travel Flights, hotels, transit | 1% back | 1% |
| Other General everyday spend | 1% back | 1% |
Madeen values cash back at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
What are the Raymond James Mastercard Business Cash Preferred reward caps and conditions?
The Raymond James Mastercard Business Cash Preferred has 2 notable cap or condition rule(s) in Madeen's catalog, including activation windows, spend limits, and category exclusions. Review each bullet below before assuming unlimited earn rates.
- Earn 3% cash back on eligible purchases on dining including takeout and food delivery service purchases
- Earn 3% cash back on eligible purchases at gas stations ((transactions of $200 or less))
Who should get the Raymond James Mastercard Business Cash Preferred?
The Raymond James Mastercard Business Cash Preferred fits spenders who put meaningful volume in dining and can earn 3% back. Best for spenders who put meaningful volume in dining and can earn 3% back. The welcome bonus can help if you can meet the spend requirement.
Raymond James Mastercard Business Cash Preferred fits spenders who put meaningful volume in dining and can earn 3% back. Madeen ranks its dining effective rate higher than about 81% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 3% back. The welcome bonus can help if you can meet the spend requirement.
Foreign transaction fees make it weaker for international spend.
Worth a look for dining spend if you need a business card and can use cash back the way you redeem today.
Pros
- Strongest Madeen category is dining at about 3% effective (3% back).
- That dining rate ranks higher than about 81% of cards we track in the category.
- No annual fee in our catalog snapshot.
- Welcome bonus may add value if you can meet spend requirements.
Cons
- Charges $3 foreign transaction fees.
- Business card — rewards and liability rules differ from consumer cards.
What is the Raymond James Mastercard Business Cash Preferred welcome bonus?
In Madeen's catalog snapshot, the Raymond James Mastercard Business Cash Preferred welcome offer is $25 cash back awarded after first purchase.. Minimum spend, eligibility, and offer windows are set by the issuer and can change — confirm on the issuer application page before applying.
- Offer
- $25
- Terms (catalog snapshot)
- $25 cash back awarded after first purchase.
Does the Raymond James Mastercard Business Cash Preferred have an annual fee?
The Raymond James Mastercard Business Cash Preferred has an annual fee of $0 and a foreign transaction fee of $3. Confirm current fees on the issuer page before applying.
- Annual fee
- $0
- Foreign transaction fee
- $3
What benefits come with the Raymond James Mastercard Business Cash Preferred?
The Raymond James Mastercard Business Cash Preferred includes $100 Annual software credit, Car Rental Insurance, Global emergency services in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
Microsoft Advertising
$300/yrGrow your business and attract more customers with $300 in advertising credit after spending only $150 with Microsoft Advertising. Offer expires on 7/31/2026.
Mastercard Transit Benefit
$200/yrSave when you tap and go with your eligible Mastercard and receive a $2.50 statement credit when you spend $10 or more each month at participating transit systems.
$100 Annual software credit
$100/yrGet this bonus reward applied every year to your account after 11 consecutive monthly software transactions
Car Rental Insurance
$10/yrReimbursement for covered physical damage and/or theft of a rental vehicle with primary protection: 1-800-MASTERCARD.9
Global emergency services
$10/yrCall 1-800-MASTERCARD (1-800-627-8372) for 24/7 assistance to report a lost or stolen card.
HealthLock
$10/yrEnjoy a HealthLock for Mastercard® Medical Claim Monitor complimentary membership plus a 90-day upgrade to all HealthLock services at no monthly cost.
Instacart Business
$10/yrFuel your business with same-day delivery of snacks, supplies and more. Enjoy $0 delivery fees* with three free months of Instacart+ and $20 off your second order each month. Offer expires on 1/31/2027.
Intuit® QuickBooks® Online and QuickBooks Online Payroll
$10/yrSave 30% on QuickBooks Online, QuickBooks Solopreneur or QuickBooks Online Payroll for 12 months.
Intuit® TurboTax®
$10/yrSave 20% on the TurboTax solution that best fits your small business needs and can help get your best possible tax outcome.
Luminary
$10/yrSave 30% on an annual or monthly Luminary membership to access Luminary’s global professional education and networking platform. Offer expires on 11/30/2027.
Mastercard Golf
$10/yrImpress clients and employees alike with exclusive PGA TOUR® experiences and access to other amazing golf benefits.
Mastercard ID Theft Protection
$10/yrMonitor your credit file for fraud, get alerts for suspicious activity and access a resolution specialist.
Related encyclopedia topics
Common questions about the Raymond James Mastercard Business Cash Preferred
Where do cardholders spend most with the Raymond James Mastercard Business Cash Preferred?
Madeen's RewardsCC catalog snapshot shows the strongest bonus categories on coffee (3x), fast food (3x), other food and drink (3x) for the Raymond James Mastercard Business Cash Preferred. These are anonymized issuer category signals, not individual cardholder transactions. Route everyday spend through categories that match your habits, then compare effective rates with Madeen at checkout.
Does the Raymond James Mastercard Business Cash Preferred have an annual fee?
The Raymond James Mastercard Business Cash Preferred carries an annual fee of $0 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the Raymond James Mastercard Business Cash Preferred?
Dining is the strongest Madeen category for the Raymond James Mastercard Business Cash Preferred at about 3% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the Raymond James Mastercard Business Cash Preferred charge foreign transaction fees?
The Raymond James Mastercard Business Cash Preferred charges a foreign transaction fee of $3 in our catalog snapshot. Check issuer terms before international spend because rates and fee waivers can change.
What is the Raymond James Mastercard Business Cash Preferred welcome bonus?
The Raymond James Mastercard Business Cash Preferred welcome offer in our snapshot: $25 cash back awarded after first purchase.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
What credit score do you need for the Raymond James Mastercard Business Cash Preferred?
Madeen's catalog lists a typical credit range of Good to Excellent for the Raymond James Mastercard Business Cash Preferred. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification.
How does the Raymond James Mastercard Business Cash Preferred compare to similar cards?
Compare the Raymond James Mastercard Business Cash Preferred against Raymond James Mastercard Everyday Rewards+ (4% on Dining, $0 fee); Raymond James Mastercard Reserve Rewards+ Card (2% on Dining, $390 fee); Raymond James Mastercard Business Real Rewards (1.5% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
Raymond James Mastercard Business Cash Preferred This card | Dining | 3% | $0 |
Raymond James | Dining | 4% | $0 |
Raymond James | Dining | 2% | $390 |
Raymond James | Dining | 1.5% | $0 |
Raymond James | Dining | 1.5% | $0 |
Store-specific guides
Madeen publishes merchant guides that rank cards for specific stores and services. Browse guides for dining spend to see which cards win at checkout.
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Madeen compares the cards you already carry for dining, groceries, gas, travel, and everyday purchases — free, no bank login required.
Raymond James and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Raymond James. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
Madeen compares cards you add to your wallet using published catalog rules — no bank login required. Issuer pages control current fees, caps, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice. Apply links are temporarily hidden on madeen.app. Affiliate disclosure