5 Best Business Credit Cards -
Updated: August 4, 2016
In respect of business management there are a lot of expenses that come on a daily basis. Whether for office supplies or business lunches, it is sometimes difficult to keep track of all these expenses. This is where a business credit card can help.
?
Why should I use a company credit card
First, using a business credit card allows you to keep your business completely separate personal purchases purchases - something your accountant will appreciate. Then, business credit cards offer rewards on some of the most common business purchases. For example, the ink Cash Business Credit Card (detailed below) earns you cash back in the office supply stores, business utility purchases and other business-related purchases. And like any other credit card, it is basically a loan of 30 days - you will have no interest for 30 days on purchases you make (assuming you pay the balance in full each month) - which is perfect if you need to make an unexpected purchase for your business. Note that if you are looking for funding for a fairly large purchase, such as a piece of equipment, you may want to consider a small business loan, as you will have more time to repay and you'll be given a fixed interest rate, which means that your payment will remain the same each month.
Top credit card companies
With so many credit card companies on the market, it can be hard to find the best for each owner of a business. To help, we detailed the top five corporate credit cards.
Best Total: Ink Cash Business Credit Card
Regarding credit card companies, business cash Ink credit card is best of the best because it combines high-end cash back rewards with a long intro APR, and he has no annual fee - something you can not say about most credit card companies. To begin, you will earn 5% cash back at the office supply stores, and on the cell phone, landline phone, Internet and cable TV purchases (up to $ 25,000 / year in combined purchases and 1%). Then you will have 2% cash back on gas stations and restaurants (up to $ 25,000 / year in combined purchases and 1%) and an unlimited 1% cash back on all other purchases. In addition, the ink business credit card cash will earn you $ 200 when you spend $ 3,000 on purchases within the first 3 months. And the card has a generous 12 months 0% Intro APR on purchases and balance transfers, although you have to pay a transfer fee of $ 5 or 5% balance of the total (whichever is greater) for each transfer you finish. Need a lot of cards for each of your employees? No problem, as the ink credit card business cash you can get cards of employees at no additional cost.
Best bonus Intro: Capital One Spark Cash for Business
If you are looking for a card with a generous bonus intro, Capital One Spark Cash for Business is the credit card for you. Indeed, when you spend $ 4,500 in the first 3 months, you get a unique cash bonus of $ 500. In addition, Capital One Spark Cash for Business will earn unlimited 2% cash back on all purchases, which is perfect if you are non-traditional business purchases. Frequent travelers will also appreciate that the card has no foreign transaction fees. Although there is an annual fee of $ 59 is waived for the first year. Another thing that makes this card stand out is that it is the only card on this list that requires excellent or good credit to approval - all other cards require excellent credit
.
Best Travel Rewards: Ink Plus Business Credit Card
By combining the benefits of travel rewards with huge bonus is the introduction of ink credit card More Business. This card will earn 5X points per $ 1 on the first $ 50,000 / year in purchases combined office supply stores, and on the cell phone, landline, internet and cable television services. Then you get 2x points per $ 1 on the first $ 50,000 / year in combined purchases at gas stations and hotel rooms made directly with the hotel and unlimited 1 point on all other purchases. And if you spend $ 5,000 on purchases within the first 3 months of opening the account, you will earn 60,000 bonus points - which is cash back or $ 750 for $ 600 travel when you redeem through Chase Rewards ultimate! While the card has an annual fee of $ 95, it has no foreign transaction fees and you can get cards of employees at no additional cost.
Best cash back rewards: SimplyCash more credit cards from American Express businesses
If you are looking to earn money on your business expenses, map credit to companies SimplyCash More from American Express (NextAdvisor a seller) is the card for you. With this card, you will earn 5% cash back at office supply stores in the US and on wireless telephony services purchased directly from US service providers (up to $ 25,000 / year in combined purchases and 1%) 3% cash back on the category of your choice (up to $ 25,000 / year and 1%) from a list of different categories - such as US gas stations , American restaurants, airline tickets, hotel rooms and more - and 1% on all other purchases. Earn a one-time $ 250 statement credit after you spend at least $ 5,000 in purchases within the first 6 months of membership card. Add to that no annual fee and 9 months 0% Intro APR on purchases, and you can not go wrong with the credit card companies to SimplyCash More from American Express.
Best Credit Card: Plum Card from American Express OPEN
As for loading cards, the American Express Plum Card OPEN (a NextAdvisor seller) is the first option for business owners. For those who do not know, credit cards are a bit different than credit cards, because they often have no preset spending limit or purchase APR. Instead, you are supposed to pay the balance completely each month. With the Plum Card from American Express OPEN you will not earn money on purchases that you make, but you get a discount of 1.5% when you pay early, and you also have the option to take up to 60 days to pay with no interest - a rarity for most credit cards. Then, the card has no foreign transaction fees, anything you want if you or your employees travel a lot for business. Although there is an annual fee of $ 250 is waived for the first year and there is no annual fee for additional employees cards.
Read our business credit card reviews to see a side by side comparison of these cards and others, follow our blog and a small business for more tips on how to build your website using email marketing and more.
Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and has not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but the terms and conditions of card can change at any time. This site may be compensated by the sending credit card affiliate program.