There are countless reasons to get a corporate credit card. It goes far beyond the convenience that credit cards offer when making purchases in person or online. For example, a business credit card can help you organize business-related purchases for accounting purposes, streamline expenses and simplify business tax filing.
Many business credit cards allow you to earn points and miles on your business purchases, as well as a variety of consumer protection and travel-related benefits. Some corporate credit cards offer welcome offers of $1,000 or more if you meet the minimum spend requirement within the first few months of account opening.
So which type of card is best for your business? This usually depends on the type of business, what you spend the most, and the cardholder benefits you use the most.
- 1 Digital Marketing
- 2 Restaurant
- 3 Traditional office
- 4 Hospitality
- 5 Freelance
- 6 Delivery or rideshare services
- 7 Retail
- 8 Conclusion
Recommended: Ink Business Preferred® Credit Card
Why Choose This Card
The Ink Business Preferred® credit card is perfect for digital marketing specialists, bloggers and individuals who run affiliate websites. This is primarily due to the rewards program offered by this card and the categories in which cardholders earn bonus points.
The cardholder earns 3x his points (then 1x points) for his first $150,000 travel and each account anniversary payment in his category of business of choice. ), plus he earns 1x points on all other purchases. 3X points categories include shipping purchases, online advertising purchases through social media sites and search engines, travel and Internet, and cable and phone services.
New cardholder will earn 100,000 bonus points when she makes $15,000 in purchases within 3 months of opening the account. Plus, rewards earned with this card are part of the Chase Ultimate Rewards program, so you can use it for merchandise, gift cards, travel through Chase, and even transfer points to airline and hotel partners. A $95 annual fee applies.
Another good option: American Express® Business Gold Card — Earn 4x points up to $150,000 annually in the two selected categories where businesses spend the most each billing cycle. Categories include advertising (purchased in the US to promote your business online, on TV and radio), US shipping costs, US computer software, hardware and cloud data purchased directly from select providers, etc. .
Recommendation: Capital City One Spark Cash Plus
Why I chose it
Capital One Spark Cash Plus is ideal for restaurant owners for several reasons, including being a charge card with no preset spending limits. This is a good option for restaurant owners with variable costs, and those who need to invest in expensive furniture and fixtures and want the opportunity to earn rewards along the way.
This card. A $150 annual fee applies for those who choose, but you get 2% back on every purchase with no exclusions or restrictions. New cardholders can also earn up to $1,000 in bonus cash within her first six months of account opening. In the first three months she buys $5,000 and he gets $500, and in six months she gets $50,000 and another $500.
Another good choice: Citi's Costco Anywhere Visa® card — he earns 2% cash back on all purchases at Costco and Costco.com.
Recommended: Ink Business Cash Credit Card
WHY CHOOSE IT
Business owners who run traditional offices should look for cards that reward them for the widest variety of purchases. For many business owners, a card like the Ink Business Cash® credit card is ideal as it offers bonus points at office supply stores. Specifically, the card offers 5% cash back on the first $25,000 of combined purchases at office supply stores and internet, cable and phone services in each account anniversary year. Cardholders will also earn 2% cash back on the first $25,000 of total gas station and restaurant purchases on each account anniversary and 1% cash back on all other purchases can. Within three months of opening the account, he bought $6,000. There is no annual fee and there is also an introductory APR offer for purchases that last for 12 months. Then his normal APR of 16.99 percent to 22.99 percent (variable) kicks in.
Another great option: Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card — Earn 3% cash back on selected categories including office supply stores, computer services, telecom and wireless services, business consulting services, and more.
Recommended: American Express Blue Business Cash Card
Why I chose it
Hospitality businesses (hotels, tour companies, travel agencies, etc.) need a credit card that allows them to earn big rewards on all their purchases that fall into different categories. With that in mind, the American Express Blue Business Cash™ Card works well because it offers 2% cash back on his first $50,000 spend each year, followed by 1% cash back To do.
This business credit card has no annual fee and allows new customers to earn $250 in statement credit when he spends $3,000 within three months of opening the account. The American Express Blue Business Cash Card has a 0% APR for purchases over a 12-month period, followed by a variable APR of 17.49% to 25.49%.
Another Great Choice: Ink Business Preferred® Credit Card — 3X points per first $150,000 travel and account anniversary year used for selected business category, then 1X points
Recommended: American Express Business Platinum Card
Why I Chose It
While freelance businesses can be built in a wide range of industries, many self-employed and popular professionals are: We often require a credit card that can be used for all computer software, equipment and supplies. The American Express Business Platinum Card® isn't for every freelance business owner, but it's a solid choice for those who want to take advantage of statement credit on a wide range of purchases and earn rewards with flexible American Express am. Express Membership Rewards Program.
Cardholders can earn 5x Membership Rewards points on flights and prepaid hotels booked on AmexTravel.com. 1X points on major purchases of $5,000 or more (electronic goods, retailers, software and cloud service providers, construction material and hardware suppliers, shipping carriers) and all other purchases.
This card has an annual fee of $695, but customers can earn up to $400 in credit toward Dell Technologies purchases, up to $360 in credit toward Indeed.com, and up to $360 in credit toward Adobe. Up to $150 credit for purchases and credit for wireless phone service. Other key benefits include airport lounge access, up to $200 in airline fee credit, up to $179 in Clear membership and 35% airline bonus.
Another good option: Ink Business Cash® credit card — for your first $25,000 combined purchases at office supply stores, internet, cable and phone services, each account's anniversary year 5% cash back on
Recommended: Bank of America® Business Advantage Customized Cash Rewards Mastercard® Credit Card
Why I Chose
The Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card is perfect for entrepreneurs and gig workers who spend a lot of money on gas. First, a new cardholder can earn $300 in online statement credit when he makes a $3,000 purchase within 90 days of account opening. From there, 3% cash back on selected categories and 2% cash back on dining purchases (every calendar year, 1% cash back on first $50,000 combined selected category and dining purchases) ), and get 1% cashback on everything. other purchases. Gas is one of the options in the 3% category, along with travel, office supply stores, computer services, telecommunications and wireless services, and business consulting services.
This card does not charge an annual fee. Benefit from 0% p.a. interest on your first 9 billing cycle purchases (followed by a variable p.a. interest rate of 15.99% to 25.99% p.a.).
Another good option: Ink Business Cash® credit card — 2% cash back on first $25,000 of total gas station and restaurant purchases, anniversary date for each account
On December 1, 2022, the Bank of America® Business Advantage Personalized Cash Rewards Mastercard® credit card has been updated.
Recommended for: Ink Business Unlimited Credit Card
Why I Chose It
There are many credit cards specifically designed for retail owners, so consider a flat rate cash back card like the Ink Business Unlimited® credit card. is recommended. This card is great for just about any type of business, but especially if you want to earn cashback or keep your balance for a limited period of time. The card offers a $900 cash bonus when a new customer spends $6,000 within 3 months of account opening and earns him a flat 1.5% cashback on every purchase.
The retailer also benefits from his APR of 0% for purchases for 12 months, after which he has a variable APR from 16.99% to 22.99%. This perk allows you to buy a new business for a while if you want to pay a large amount of business expenses interest-free for a while. This business credit card has no annual fee.
Another great option: American Express Blue Business Cash Card – 2% Cash Back on all qualifying purchases up to $50,000 per calendar year, then 1% Cash Back thereafter
The right credit card for your business depends on the type of business you run and the cardholder benefits you need most. Ultimately, this is why it always makes sense to compare the best business credit cards to see how they stack up in terms of rewards, signup bonus offers, and other perks.
From there, you can imagine. Which card would be better for you for the rewards you earn or the cardholder benefits you receive? In the meantime, compare cards based on fees and interest rates, and settle when you find one that fits your spending style and budget.