The Top Business Credit Cards for Small Businesses

Small business owners need credit cards that cater to their unique financial needs. These cards must be versatile, affordable, and provide perks that can help entrepreneurs navigate business expenses. In a crowded field of options, it can be difficult to know where to start. That’s why we’ve compiled a list of some of the best business credit cards for small businesses. From cashback rewards to a flexible payment schedule, each of these cards offers something different to help support your business. Read on to find the best credit card for you, so that you can start managing your finances in a way that suits your needs.

1. American Express Business Gold Card

The American Express Business Gold Card is a top pick for small business owners who want to earn rewards for their purchases. With this card, you can earn 4x points on the two categories you spend the most in each month, up to $150,000 per year.

Plus, you can earn 25,000 Membership Rewards points after spending $5,000 on eligible purchases within the first three months of card membership. This card also offers a 0% introductory APR on purchases for the first 12 months, followed by a variable APR based on your creditworthiness.

2. Ink Business Preferred Credit Card from Chase

The Ink Business Preferred Credit Card from Chase offers a generous signup bonus of 100,000 points after spending $15,000 on purchases within the first three months of account opening.

This card also earns 3x points per $1 on travel, shipping, internet, cable and phone services, and advertising purchases made with social media sites and search engines, up to $150,000 per year. Additional benefits include no foreign transaction fees, primary rental car insurance, and trip cancellation/interruption insurance.

3. The Blue Business Plus Credit Card from American Express

The Blue Business Plus Credit Card from American Express is a great option for small business owners who want to earn rewards on every purchase they make.

With this card, you can earn 2x Membership Rewards points on all eligible purchases up to $50,000 per year, then 1x point thereafter. Plus, this card offers a 0% introductory APR on purchases for the first 12 months, followed by a variable APR based on your creditworthiness.

4. Bank of America Business Advantage Cash Rewards Mastercard credit card

The Bank of America Business Advantage Cash Rewards Mastercard credit card is a cash back credit card designed for small business owners.

With this card, you earn 3% cash back on purchases at gas stations and office supply stores (up to $250,000 in combined purchases annually), 2% cash back at restaurants, and 1% cash back on all other eligible purchases. In addition, this card also offers a $300 statement credit when you make at least $3,000 in net purchases within the first 90 days of account opening.

5. Capital One Spark Miles for Business

Capital One Spark Miles for Business is a travel rewards credit card designed for small business owners who travel frequently.

With this card, you earn 2x miles per dollar on all purchases, and 5x miles per dollar on hotel and rental car bookings made through Capital One Travel. Additional perks include no foreign transaction fees, TSA PreCheck or Global Entry application fee credit, and fraud coverage.

6. CitiBusiness/AAdvantage Platinum Select World Mastercard

The CitiBusiness/AAdvantage Platinum Select World Mastercard is a co-branded airline credit card designed for small business owners who fly with American Airlines.

With this card, you earn 2x miles on eligible American Airlines purchases, as well as 2x miles on select telecommunications and car rental merchants. You also earn 1x mile on all other purchases. Additional benefits include first checked bag free, priority boarding, and a $99 domestic main cabin American Airlines Companion Certificate after spending $30,000 in a card membership year.

7. U.S. Bank Business Leverage Visa Card

The U.S. Bank Business Leverage Visa Card is a cash back credit card that offers a tiered rewards structure based on your spending.

With this card, you earn 2% cash back on eligible purchases in your top two spending categories each month (up to $50,000 in combined purchases per year), and 1% cash back on all other eligible purchases. This card also offers a 0% introductory APR on purchases and balance transfers for the first 12 billing cycles.

8. Delta SkyMiles Platinum Business American Express Card

The Delta SkyMiles Platinum Business American Express Card is another co-branded airline credit card, but this one is designed for small business owners who fly with Delta Airlines.

With this card, you earn 3x miles on eligible Delta purchases, as well as 1.5x miles on eligible purchases of $5,000 or more (up to 50,000 additional miles per year). You also earn 1x mile on all other eligible purchases. Additional benefits include a domestic main cabin round-trip companion certificate each year upon renewal, priority boarding, and first checked bag free.

9. SimplyCash Plus Business Credit Card from American Express

The SimplyCash Plus Business Credit Card from American Express is a cash back credit card designed for small business owners who want flexibility in their rewards.

With this card, you earn 5% cash back at office supply stores and on wireless telephone services purchased directly from U.S. service providers, 3% cash back on purchases in one category of your choice (from a list of eight), and 1% cash back on all other eligible purchases. This card also offers a 0% introductory APR on purchases for the first 15 months, followed by a variable APR based on your creditworthiness.

10. Capital One Spark Cash for Business

Capital One Spark Cash for Business is a cash back credit card that offers a flat rate on all your purchases.

With this card, you earn 2% cash back on all purchases, with no limit and no categories to keep track of. Additional benefits include no foreign transaction fees, employee cards at no additional cost, and fraud coverage.

The Best Business Credit Cards for Small Businesses

As a small business owner, managing your finances is crucial to the success of your business. One of the ways to keep your finances in order is through the use of a business credit card. However, with so many options available in the market, it can be overwhelming to choose the right one for your business. In this article, we will explore the top ten best business credit cards that are ideal for small businesses.

1. Chase Ink Business Cash

The Chase Ink Business Cash is one of the best business credit cards for small businesses. It offers a generous cashback program that rewards business owners for their spending. Cardholders earn 5% cashback on office supply stores and internet, cable and phone services, up to $25,000 per year. Additionally, they earn 2% cashback on gas stations and restaurants, up to $25,000 per year. Cardholders also earn 1% cashback on all other purchases.

2. Capital One Spark Cash for Business

The Capital One Spark Cash for Business is another great option for small business owners. It offers a flat 2% cashback on all purchases, making it a convenient credit card to use. Cardholders can also earn a $500 cash bonus when they spend $4,500 within the first three months of account opening.

3. American Express Blue Business Cash

The American Express Blue Business Cash credit card is ideal for small businesses that prefer cashback rewards. It offers 2% cashback on all eligible purchases, up to $50,000 per calendar year. Cardholders also get access to exclusive Amex Offers that can save them money on purchases from various vendors.

4. Capital One Spark Miles for Business

The Capital One Spark Miles for Business is a great credit card for small businesses that travel frequently. Cardholders earn an unlimited 2x miles on all purchases, and 5x miles on hotel and rental car bookings through Capital One Travel. Additionally, cardholders can earn a one-time bonus of 50,000 miles when they spend $4,500 within the first three months of account opening.

5. American Express Business Gold Card

The American Express Business Gold Card is an ideal option for small businesses that have high spending requirements. Cardholders earn 4x Membership Rewards points on the two categories they spend the most on each billing cycle, up to the first $150,000 in combined purchases each year. Categories include airfare, advertising, gas stations, shipping, and more. The card also offers a 35% airline bonus when booking a qualifying flight with Membership Rewards points.

6. Bank of America Business Advantage Travel Rewards World Mastercard

The Bank of America Business Advantage Travel Rewards World Mastercard is perfect for small businesses that want to save on travel expenses. Cardholders earn 3 points for every $1 spent on travel and dining purchases, and 1.5 points for every $1 spent on all other purchases. Additionally, cardholders earn a one-time bonus of 25,000 points after spending $1,000 within the first 60 days of account opening.

7. Brex Corporate Card for Startups

The Brex Corporate Card for Startups is designed specifically for small businesses and start-ups. It offers 7x points on Uber, Lyft, and taxi rides, 4x points on travel, and 2x points on recurring software expenses such as Salesforce and Slack. Additionally, there are no annual fees, no personal guarantees, and no credit checks required.

8. CitiBusiness/AAdvantage Platinum Select World Mastercard

The CitiBusiness/AAdvantage Platinum Select World Mastercard is ideal for small businesses that frequently travel on American Airlines. Cardholders earn 2 AAdvantage miles for every $1 spent on American Airlines purchases, and 1 AAdvantage mile for every $1 spent on all other purchases. Additionally, the card offers a companion certificate after spending $30,000 or more in purchases within a year.

9. Blue Business Plus Credit Card from American Express

The Blue Business Plus Credit Card from American Express is a fantastic option for small business owners who want a credit card with no annual fee. Cardholders earn 2x Membership Rewards points on the first $50,000 in purchases each year, and 1x point on all other purchases. The card also offers an introductory 0% APR for the first 12 months of account opening.

10. Wells Fargo Business Platinum Credit Card

The Wells Fargo Business Platinum Credit Card is perfect for small businesses that want a low-interest credit card. It offers a low introductory APR of 0% for the first 9 months of account opening, and a low ongoing APR after that. Additionally, there is no annual fee for this credit card.

In conclusion, the best business credit card for your small business depends on your spending habits and preferences. The above ten credit cards are some of the best available in the market, each offering its unique features and benefits. Compare their rewards, fees, interest rates and select the card that suits your business needs the most.

Top 5 Business Credit Cards for Small Businesses

As a small business owner, you need to ensure that you have the right tools to help you achieve success. One of these tools is a good business credit card. With so many options available in the market, we have put together a list of the top 5 business credit cards for small businesses:

1. Chase Ink Business Cash

The Chase Ink Business Cash credit card is a great option for small businesses as it offers an introductory 0% APR on purchases and balance transfers for the first 12 months. This allows small businesses to make purchases and pay them off without incurring any interest charges. Additionally, the card offers cashback rewards on purchases made at office supply stores, internet, cable, and phone services. The card has no annual fee and comes with free employee cards.

2. Capital One Spark Cash

The Capital One Spark Cash credit card is a great option for small businesses that want to earn cashback rewards. The card offers unlimited 2% cashback on all purchases made with the card. Additionally, the card comes with no foreign transaction fees, making it an ideal option for small businesses that do business internationally. The card has a $95 annual fee, which is waived for the first year.

3. American Express Blue Business Cash

The American Express Blue Business Cash credit card is a great option for small businesses that want to earn rewards on their purchases. The card offers 2% cashback on all purchases made with the card, up to $50,000 per year. Additionally, the card offers an introductory 0% APR on purchases and balance transfers for the first 12 months. The card has no annual fee.

4. Discover it Business Card

The Discover it Business Card is a great option for small businesses that want to earn cashback rewards on their purchases. The card offers unlimited 1.5% cashback on all purchases made with the card. Additionally, the card offers an introductory 0% APR on purchases for the first 12 months. The card has no annual fee and comes with free employee cards.

5. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card is a great option for small businesses that want to build their credit. The card offers a credit line ranging from $500 to $25,000. Additionally, the card offers cashback rewards on purchases made with the card. The card has a $25 annual fee and requires a security deposit.

Credit Card Introductory APR Cashback Rewards Annual Fee
Chase Ink Business Cash 0% for 12 months on purchases and balance transfers 5% cashback on office supply, cable, internet, and phone services No annual fee
Capital One Spark Cash N/A Unlimited 2% cashback on all purchases $95 (waived for the first year)
American Express Blue Business Cash 0% for 12 months on purchases and balance transfers 2% cashback on all purchases up to $50,000 per year No annual fee
Discover it Business Card 0% for 12 months on purchases 1.5% cashback on all purchases No annual fee
Wells Fargo Business Secured Credit Card N/A Cashback rewards on purchases $25

In conclusion, the right business credit card can make a big difference in the success of your small business. These top 5 business credit cards offer a variety of benefits including introductory APR offers, cashback rewards, and low annual fees. Choose the card that fits your business needs and enjoy the rewards and perks that come with it.

Learn about the top business credit cards that can help you manage your finances with ease in this comprehensive guide on best business credit cards for small businesses.

Pros and Cons of Business Credit Cards for Small Businesses

For small business owners, having a credit card specifically designed for business use can be a valuable tool. These types of credit cards offer a range of benefits that can help businesses manage their finances and cash flow more effectively. However, there are also some potential drawbacks that business owners should be aware of. In this section, we’ll take a closer look at the pros and cons of business credit cards for small businesses.

Pros

1. Improved Cash Flow Management
One of the primary advantages of using a business credit card is better cash flow management. Business credit cards allow owners to track and separate business expenses from personal expenses, making it easier to monitor spending and maintain accurate financial records.

2. Access to Credit
Business credit cards offer access to a revolving line of credit, which can be a lifesaver when cash is tight. This access to credit can be helpful in emergency situations or when large investments are necessary.

3. Rewards and Incentives
Business credit cards often offer rewards and incentives for spending, such as cashback or travel points. These rewards can help offset business expenses or be reinvested in the business.

4. Building Credit History
Using a business credit card responsibly can help build a business’s credit history. A strong credit history can be crucial when seeking financing or negotiating with suppliers.

5. Employee Expense Management
With the use of a business credit card, tracking employee expenses can be simplified, as all charges will be in one place. This makes it easier to reimburse employees for expenses, as well as monitor spending.

Cons

1. High-Interest Rates
Business credit cards often charge higher interest rates than personal credit cards. This can be a problem if the balance isn’t paid in full each month, leading to additional fees and interest charges.

2. Temptation to Overspend
Having access to a credit line can be tempting for some business owners, leading to overspending and debt accumulation. It’s important to establish strict spending limits and practices to avoid this problem.

3. Annual Fees
Many business credit cards charge annual fees, which can add up quickly if multiple cards are used. Business owners should carefully consider the costs and benefits of each card before applying.

4. Risk of Personal Liability
Some business credit cards may require a personal guarantee, meaning that the business owner is personally liable for any debts accrued on the card. This can be a significant risk, particularly for small businesses with limited resources.

5. Negative Impact on Credit Score
If business credit card payments are missed or the balance is consistently carried over, it can negatively impact the credit score of both the business and the owner. This can make it more difficult to secure financing or negotiate with suppliers in the future.

In conclusion, business credit cards can be valuable tools for small businesses, but they also come with potential risks and drawbacks. Business owners should carefully weigh the costs and benefits of each card before making a decision and establish responsible spending practices to maximize the benefits.

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We hope you found this article on the best business credit cards for small businesses informative and helpful. We understand how important it is to have the best financial tools to effectively manage your growing venture. Our team is dedicated to providing you with the most reliable information to help you make informed decisions. Be sure to visit our website again for more exciting content designed to help your business thrive. Thanks for reading!

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