Square expands Square Credit Card rewards, adds Bill Pay vendor payments for sellers

• Square, a Block unit, expanded its Square Credit Card program, adding Bill Pay so sellers can fund vendor payments even when vendors do not accept cards.
• The refreshed card runs on the American Express network, offering unlimited 3% cash back on Square Bill Pay transactions, 1.5% on other purchases.
• Rewards can be redeemed as deposits into Square Savings, statement credits, or free payment processing, aiming to improve small-business cash-flow management.
• Bill Pay was broadened beyond Square Checking users, positioning it as an accounts payable tool across Square’s seller base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Block Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608110900BIZWIRE_USPR_____20260811_BW869781) on August 11, 2026, and is solely responsible for the information contained therein.