Published By Janet Gershen-Siegel at May 12, 2018
Written by Janet Gershen-Siegel
Get a business credit card online. Here’s how. Per the SBA, small business credit card limits are 10 – 100 times that of personal cards! This shows you can get a lot more money with business credit.
And this also means you can have personal charge cards at stores, and now have an additional card at the same stores for your small business. And you won’t need collateral, cash flow, or financial information in order to get business credit.
Benefits vary, so be sure to choose the benefit you prefer from this range of choices for a business credit card online.
For a business credit card online with a 0% APR period, we like the Ink Business Cash ℠ Credit Card. You pay no annual cost. It’s got an interest-free period. It has versatile cash-back rewards. There are spending limits for employees.
You will need a credit score of 690 or higher. Get it here: https://creditcards.chase.com/credit-cards/small-business/ink-cash
For an introductory 0% APR period, we also like the Blue Business ℠ Plus Credit Card from American Express. It has an introductory 0% APR for 15 Months. You can earn double points on daily business purchases up to annual cap.
The normal APR is 12.24% – 20.24% (variable). Get it here: https://creditcard.americanexpress.com/blue/
For Fair Credit, we like to the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards.
Also, you will need to have a credit score of 690 or better. NOTE: the standard APR is 23.99% variable APR. Get it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/
For a business credit card online with travel points, we prefer the Gold Delta SkyMiles Business Credit Card from American Express. Get 30,000 bonus miles after you make $1,000 in purchases on your new card within your first three months. Terms and limitations apply.
In addition earn a $50 statement credit after you make a Delta purchase with your brand new card within your first 3 months. Earn two miles per dollar spent on purchases made straight with Delta.
Earn one mile on each qualified dollar spent on purchases. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/gold-delta-skymiles/44279
Check out the Business Platinum Card from American Express. Travel benefits including access to these airport lounge networks:
You also receive Gold Status when you enroll in the Starwood Preferred Guest program.
In addition, there is a $200 annual air travel fee credit. There is a $100 credit towards the Global Entry application fee, including access to TSA PreCheck program.
You get one point per dollar spent on the majority of purchases. And you get 1.5 times the points on charges of $5,000 or more on qualified purchases, up to one million added points yearly.
Furthermore, you get five points per dollar spent purchasing flights and prepaid hotels from the American Express Travel site. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-platinum/44279
Also, be sure to check out the Ink Business Preferred Card from Chase. Get 80,000 bonus points once you spend $5,000 on purchases in initial 3 months from account opening.
Earn three points for each dollar on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone, advertising purchases made with social media sites and search engines each account anniversary year.
Earn one point per dollar on all other purchases. There is no limit to the amount you can earn. Get it here: https://creditcards.chase.com/credit-cards/small-business/ink-business-preferred
For Low APR/Balance Transfers Business Credit Cards, we like the U.S. Bank Business Edge Platinum. You begin with twelve months of 0% APR financing on new purchases and balance transfers.
There is a 3% balance transfer cost. Thereafter, the purchase APR is a variable 10.49% – 18.49%, which depends on creditworthiness.
Also, there is no annual fee. This card is just available to those with great or superb credit. However, there is no rewards program for purchases. Get it here: https://www.usbankedge.com/credit/business-edge-platinum.do
Also, check out the Blue Business Plus Credit Card from American Express. It has a 15-month introductory 0% APR offer.
There is no annual fee. Right now small businesses can earn double points on the initial $50,000 in purchases yearly. Get it here: https://creditcard.americanexpress.com/blue/
For a business credit card online to build credit, check out the Wells Fargo Business Secured Credit Card. It enables cardholders to get a credit limit of $500 – $25,000.
The amount available corresponds to the amount of cash you supply to secure the line. Your purchase APR rate can be as low as a variable 13.15%. The annual fee is $25. The more cards you have the more expensive your yearly fee will be.
In addition, this card lets small business owners with poor personal credit get a card to make purchases and create business credit.
The card will just report to the personal credit bureaus if you default or are late on payments. Get it here: https://www.wellsfargo.com/biz/business-credit/credit-cards/secured-card/
Also take a look at the SimplyCash Plus Business Credit Card from American Express. You can earn up to $400 cash back. Earn a $200 statement credit after spending $5,000.
You get 5% cash back at US office supply stores and on wireless phone services purchased straight from US service providers (this applies to the first $50,000 of yearly spending).
You also get 3% cash back on spending category of your choice, from eight separate categories, including air travel, gas, advertising and computer purchases (applies to first $50,000 of annual spending). In addition you get 1% cash back on all other purchases.
Also, check out the Bank of America Business Advantage Cash Rewards MasterCard Credit Card. With it, you can earn a $200 statement credit after $500 in purchases within 60 days of account opening.
You also get 3% cash back on purchases at gas stations and office supply stores (up to $250,000 annually).
In addition, you get 2% cash back on purchases at eateries, and 1% cash back on all purchases. There is no annual fee. It is available to applicants with outstanding credit.
However, your cash back can only be redeemed in $25 increments. Get it here: https://www.bankofamerica.com/smallbusiness/credit-cards/products/cash-rewards-business-credit-card/
In addition, have a look at the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, without any limits. New cardholders can also get a $200 cash bonus. However, this is once they spend $3,000 on new purchases within three months of account opening.
Also, new customers also get introductory APR of 0% on purchases for nine months. There is no annual fee. Get it here: https://www.capitalone.com/small-business/credit-cards/spark-cash-select/
For a business credit card online with rewards, look at the Business Gold Rewards Card from American Express OPEN. You can get 50,000 Membership Rewards points after $5,000 in purchases on the card during first three months.
Also, you get three points on your choice of five categories. This is two times the points on the other categories, and one point per dollar on all other purchases. It has a $0 annual fee for the first year, and then your annual fee rises to $175.
Also, look at the Business Platinum ® Card from American Express OPEN. Furthermore, you can earn as much as 75,000 Membership Rewards points at the time of account opening.
You can also earn 50,000 Membership Rewards points after spending $10,000. Also an extra 25,000 points after spending an additional $10,000 all on qualified purchases during the initial three months.
Also you can get five times the Membership Rewards points on airline flights and prepaid hotels on amextravel.com. However, it has a $450 annual fee. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-platinum/44279
Your best business credit card online hinges on your credit history and scores. Only you can determine which perks you want and need. So make sure to do your research. In addition, as always, make sure to build credit in the prescribed order.
Because this is for the optimum, fastest benefits. Check out how this will help your company get business credit cards online.