Greatest Business Credit Cards

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Want to leap straight to the answer? The best company credit card for most people is definitely the Run after Ink Business Cash.

A good business credit card goes beyond daily purchases.

They can give you high spending limitations, fantastic rewards like flight points and cashback, plus useful tools to grow your company.

In many instances, you don’t even need a formal business structure to apply for a small company credit card. If you’re a freelancer or entrepreneur without a signed up LLC, you can still make an application for cards using your social security number as opposed to a tax ID or EIN.

This guide is perfect for anyone interested in a small business credit card. I’ll show you the top options and explain where to find the best business credit card for your situation.

Best 8 Best Business Credit Cards for 2020

There are hundreds of business bank cards on the market today. It seems like they all claim to be “the best” just for something.

But really, there are only 8 business credit cards that I recommend:

  • Run after Ink Business Cash
  • Blue Business Cash Amex
  • Chase Ink Business Preferred
  • CitiBusiness AAdvantage Platinum
  • American Express Business Gold
  • Chase Ink Business Unlimited
  • Capital 1 Spark Cash
  • Capital One Spark Kilometers

I’ll highlight the top features, advantages, costs, and any other factors for each one below.

The Best Business Bank card Reviews

Run after Ink Business Cash

Chase Ink Business Cash

Chase Ink Business Cash is the best overall business credit card. We love their advantages and flexibility for a wide range of business purposes.

Chase offers outstanding benefits for things you’re already spending money on.

  • 5% cash back on 1st $25, 000 in combined purchases for Internet, cable connection, business phone services each year
  • 2% cash return on first $25, 000 spent at restaurants plus gas stations
  • Limitless 1% cash back on other purchases

You get up to $1, 750 cash back each year if you max out those first 2 categories.

Chase offers built-in protection regarding instances using your Ink Company Cash card. You can decrease collision insurance offered by leasing companies when you’re hiring a car. Chase Ink Company Cash has you covered.

The card also offers purchase protection against fraud or damage to items with regard to 120 days, up to 10 dollars, 000 per claim plus $50, 000 per account. It also extends qualified manufacturer’ s warranties on buys for an additional year.

You can get extra cards for your employees at no cost, make individual spending limits for every cardholder and the Printer ink Business Cash card does not need an annual fee.

*Terms apply – Learn how to apply online


Blue Business Cash Card From American Express

Blue Business Cash Amex

Blue Business Money Card gives you the benefits of American Express without the annual costs.

You’ll acquire 2% cash back on buys up to $50, 000 inside a calendar year. After that, you’ll obtain 1% cash back on your purchases.

Rewards can automatically be credited for your statement, so you don’t have to worry about manual redemption.

One unique feature of this card is the spending capability terms. You have the ability to invest above your credit limit along with Amex’s expanded buying strength.

This does not necessarily mean that you’ll have unlimited spending freedom. The amount offered above your limit varies based on things like your payment history, usage, and other elements.

American Convey offers outstanding travel and transportation benefits with this credit card. In addition to car rental loss and damage insurance, you’ll also provide access to 24/7 services along with global hotline assist anytime you’re more than 100 mls from home.

This program gives you access to legal, economic, medical, and other emergency providers coordination, such as helping you take a trip with a lost passport.

Other Blue Business Card highlights include:

  • No charge to get employee cards
  • Detailed year-end summary along with spending category and expenditure reports
  • Account alerts and monitoring
  • Integration with Vendor Pay by Bill. possuindo
  • Extend manufacturer’s warranty on purchases
  • Purchase protection

American Show has a long history of offering exceptional service to its cardholders. Their dispute resolution services are second to none.

*Terms apply – Learn how to apply online


Chase Printer ink Business Preferred

Chase Ink Business Preferred

The particular Chase Ink Business Preferred card offers better benefits and rewards than the Ink Business Cash card. However , customers need to pay a $95 annual fee.

It’s a better option for business owners who spend more money regularly and prefer rewards factors as opposed to cash back.

Earn 3 points for every $1 spent on the first $150, 000 in combined purchases on:

  • Airfare
  • Resorts
  • Car leases, train tickets, and cabs
  • Advertising buys on social media and search engines like google
  • Internet, wire, and phone bill

Earn up in order to 450, 000 points per year if you spend money in all those categories. You’ll get 1 point for every $1 spent on all other purchases, unlimited.

If you redeem your own travel points with Chase Ultimate Rewards, the points are worth up to 25% more. For example , 80, 000 points will get you approximately $1, 000 toward vacation.

You can even exchange qualified points to your favorite frequent travel programs in a 1: 1 value.

Chase Ink Company Preferred gives you protection intended for auto rental collision, cellular phone protection, as well as trip termination or trip interruption insurance. If you miss a business trip or need to cut it short due to sickness, climate, or other situations, Run after will reimburse you up to $5, 000 for pre-paid, non-refundable expenses. This includes hotels, airfare, and tours.

If you refer various other business owners to an Ink Business Preferred card, you can earn as much as 100, 000 bonus factors per year (20, 000 per approved referral).

*Terms apply – Discover ways to apply online


CitiBusiness AAdvantage Platinum Select World Mastercard

CitiBusiness AAdvantage

The CitiBusiness AAdvantage Platinum Select World Mastercard is the best business credit card for frequent American Airlines travelers.

If you or your own employees frequently fly with American, you definitely need to think about this card. Their benefits offering might make you want to consider flying exclusively with American Air carriers after you read it.

Travel Benefits:

  • First checked bag totally free for you and up to 4 people on your itinerary
  • Preferred boarding
  • 25% off in-flight food and beverages
  • 25% off in-flight Wi-Fi

Rewards Benefits:

  • 2x miles per $1 spent on cable, telecommunications, gas, and car rentals
  • 2x miles per $1 used on American Airlines purchases
  • Earn 1 mile per $1 spent on all other purchases

You’ll also earn a north american Airlines Companion Certificate for domestic travel after spending $30, 000 per year. That’ t easy to do if your company has a lot of routine spending.

The certification is worth a free round-trip domestic flight for someone else on your itinerary. NOTE: You’ lmost all still be on the hook pertaining to taxes and fees.

It’s easy to justify the annual fee is that you simply travel with American Air carriers often enough. Assuming you check a bag when flying, two round-trip tickets would normally cost $100 in bag fees. The card pays for itself right there.

*Terms apply – Learn how to apply online


American Communicate Business Gold

American Express Business Gold

American Express Business Gold is one of the most premier business bank cards on the market today.

The allows you to earn 4x regular membership points on the top two types where your business spends probably the most money each billing period. Those categories are:

  • Airfare
  • Advertising purchases
  • Computer hardware, software, plus cloud technology
  • Gas Stations
  • Dining places
  • Shipping

The 4x points are valid for your first $150, 000 spent per year combined on your top two categories. You’ll earn unlimited one point for each $1 spent after that.

American Express comes with an outstanding membership rewards system for redemption. Your points will transfer to the most of popular loyalty programs.

If you book the flight using American Convey Travel and pay with your points, you’ll get 25% of those points back to your account.

You also get all of the exceptional American Show travel perks like no foreign transaction fees, carrental loss and damage insurance policy, baggage insurance, and the global assist hotline.

Furthermore, the Amex Business Gold card offers area upgrades and a $100 hotel credit for dining, hot tub, and other resort activities when you stay at a participating residence for at least two consecutive nights.

*Terms apply – Learn how to apply online


Chase Ink Business Limitless

Chase Ink Business Unlimited

The Chase Ink Business Unlimited credit card is very similar to the Ink Business money card that we reviewed previously. The most significant difference between the two cards is the way benefits get earned.

With the Ink Business Cash card, you’ll get a different percentage of cash back based on your spending category with certain limits and limitations for how much can be earned in a year.

The particular Ink Business Unlimited credit card is much more straightforward. You make 1 . 5% cash back upon all purchases; no restrict.

All of the some other features and benefits are identical as the Ink Business Cash card.

You will get a $500 cash back bonus after spending $3, 000 in the first three months using the credit card. There is no annual fee for your Chase Ink Business Unlimited card.

*Terms apply – Learn how to use online


Capital One Spark Money

Capital One Spark Cash

Capital One Ignite Cash offers unlimited 2% cash back on all purchases. There is a $95 annual fee for this card, but it’s waived for the first 12 months.

Some of the best features and benefits just for Capital One Spark Money include:

  • Free employee cards
  • Fraud alerts and protection
  • No foreign transaction fees
  • $100 credit with regard to Global Entry or TSA PreCheck
  • Car rental collision coverage

I like the fact that you are able to immediately lock a card from the mobile app in the event that it’s lost or stolen.

You’ll also benefit from a detailed year-end summary report that’s perfect for cost management and tax preparation. It’s easy to integrate your purchase records with Quickbooks to simplify your accounting tasks.

Capital A single provides emergency card substitute, as well as emergency cash 24/7 at locations throughout the world.

Not everyone is going to be eligible for this card. To apply, you’ll need an excellent credit score and a business registered in america.

*Terms utilize – Learn how to apply on the web


Capital One Spark Miles Pertaining to Business

Capital One Spark Miles

If you’re a frequent business traveler, the Capital One Spark Miles credit cards will reward you with miles instead of cash or points.

There are actually two options to choose here. One credit card is free with good perks, and the other includes a $95 annual fee with better rewards. Beyond that will, the two cards are basically identical. Here’s an overview of each one:

Capital One Spark Kilometers

  • $95 annual fee (waived the first year)
  • Unlimited 2x miles for each $1 dollar spent on most purchases
  • Unlimited 5x miles per $1 dollar spent on hotel plus car rental bookings through Funds One

Capital One Ignite Miles Select

  • $0 annual fee
  • Unlimited 1 . 5x miles per $1 dollar spent on all purchases
  • Unlimited 5x miles per $1 dollar spent on hotel and car rental bookings through Capital One

The Spark Miles Choose card will best for people who don’t want to pay out the annual fee. When you travel often enough, the $95 is justifiable for Spark Miles cards.

*Terms apply – Learn how to apply on the web


Choosing The Best Business Credit Card

Now that you’ve had the chance to review the top company credit cards, you’ll need to select one for yourself. But the best company card for me might not be the very best for you. Everyone’s situation differs.

This is the methodology that we used to come up with the particular cards on this list. You may use the same process to evaluate your best option for your business.

Fees

Main things you should look at will be how much the card will cost you. The particular cards we reviewed ranged from $0 to $295 in annual fees.

An annual fee is easy in order to justify if you’re going to be spending enough to get the most out of the perks and rewards. But if you’re a single-member sole-proprietor working out of your home office, you most likely don’t need a card with an annual fee.

Beyond that, look for INTEREST, cash advance fees, foreign transaction fees, transfer fees, plus late payment fees. Individually, I always pay my cards in-full each month, so the past due fees and APR are not really relevant to me. But things like foreign transaction costs can add up quickly throughout international travel.

Rewards

Which kind of rewards do you want?

Some cards offer cash return, while others offer points or even miles. Cash back will likely be your best option for most of you. In case you travel often for company, cards that reward you with miles should definitely be taken into consideration.

Just make sure you understand exactly how rewards get earned and if there are any stipulations. A few cards will limit the number of rewards you can earn in a year.

Qualification Terms

Some cards need you and your business to have superb credit. You won’t obtain approved for certain cards in case your credit score is below seven hundred.

You’ll should also have an incorporated business to become eligible for certain cards. Additional cards allow you to apply using just your name and social security number.

Dedication Programs

There are certain business credit cards that are associated with a specific loyalty partner. For example , the CitiBusiness AAdvantage Platinum eagle Select World Mastercard is an American Airlines card.

In most cases, it’s better to stay away from those airline or even hotel-specific cards because you won’t be rewarded as much with regard to purchases with another business. So you’re better off along with general miles, cash back, or points that can be used with any airline or hotel.

With that said, if you know that will you’ll be flying a specific airline often , these types of loyalty programs will give you the most satisfying benefits.

If you fly from Chicago in order to Dallas once a month (both United states Airlines hubs), it makes sense to get a card tied to AAdvantage.

Spending Routines

A business investing $10, 000 per year should never have the same credit card as being a company charging $100, 000 per year.

Your spending categories can also influence your decision when choosing a card. Certain cards offer better rewards for purchases from restaurants or gas stations. Other people will give you extra benefits for money spent on advertising or your phone bill.

Perks

You will find dozens and dozens of potential benefits that could sway you to select one card over another. A few of these include:

  • Sign up bonus
  • Purchase protection
  • Extended warranties
  • Free cards for workers
  • Insurance safety (travel, car rental, baggage)
  • Priority boarding
  • Free checked luggage
  • Hotel credits

The list goes on and on. Find a card along with perks that align with your business and spending routines.

For example , the American Express Business Gold card has a 50, 500 point sign up bonus in case you spend $5, 000 in the first three months using the credit card. But if you don’t normally spend $5, 000 within three months, this card isn’t for you. The $295 yearly fee won’t be worth it.

Conclusion

Every business owner needs a credit card. Fortunately, the credit card issuers have created cards with a wide range of benefits, rewards, plus perks to accommodate your needs.

Here’s a quick recap of the best business credit cards on our list:

  • Chase Ink Business Money
  • Blue Business Cash Amex
  • Chase Ink Business Favored
  • CitiBusiness AAdvantage Platinum
  • United states Express Business Gold
  • Chase Ink Company Unlimited
  • Capital One Spark Cash
  • Capital One Ignite Miles

Whether you want cash back, kilometers, or points, I made sure to include something for everyone on this list. Some of these cards are best for larger businesses that will travel frequently, while others are suitable for small business owners and sole proprietors.

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