The Best Rewards Credit Card for Small Business Can Be Yours
Are you looking for the best rewards credit card for small business? We did the research for you. So here are our favorites.
Per the SBA, company credit card limits are a whopping 10 – 100 times those of personal cards!
This means you can get a lot more money with company credit. And this also means you can have personal charge cards at stores. And you would now have an additional card at the same shops for your company.
And you will not have to provide collateral, cash flow, or financials in order to get business credit.
Features vary, so make sure to select the reward you prefer from this variety of options.
Unbeatable Cards for Jackpot Rewards
Take a look at the Business Gold Rewards Card from American Express OPEN. So you can get 50,000 Membership Rewards points. But this is after $5,000 in purchases on the card within first three months.
Also, you get three points on your choice of 5 categories. In addition, get two times the points on the remaining categories.
Also, get one point per dollar on all other purchases. It has a $0 yearly fee for the first year. But after that your yearly fee goes up to $175.
Business Platinum Card from American Express OPEN
Also get 50,000 Membership Rewards points. But this is after spending $10,000.
In addition, get 25,000 more points. But that is after spending an added $10,000 all on qualified purchases. But this is within first three months.
And also you can get 5 times the Membership Rewards points. So this is on flights and pre-paid hotels on amextravel.com. But it has a $450 yearly fee. Yikes!
Business Credit Cards for Travel Points
For Travel Points, we like the Gold Delta SkyMiles Business Credit Card from American Express. Get 30,000 bonus miles. But this is after you make $1,000 in purchases on your new card. And it is during your very first three months. Terms and limitations apply.
Also earn a $50 statement credit. But this is after you make a Delta purchase with your card. And it is in your first three months. Earn two miles per dollar spent on purchases made straight with Delta. Also, earn one mile per qualified dollar spent on purchases.
Business Platinum from American Express
Check out the Business Platinum Card from American Express. Travel benefits including access to these airport lounge networks:
- Priority Pass Select
- Delta SkyClubs
- American Express Centurion Lounges
You also get Gold Status when you enroll in the Starwood Preferred Guest program. There is also a $200 yearly air travel fee credit.
There is a $100 credit towards the Global Entry application fee, which includes access to TSA PreCheck program. And you also get one point per dollar spent on most purchases.
Also, you get 1.5 times the points. But this is on charges of $5,000 or more. And it is on qualifying purchases. But this is up to one million additional points annually. Get 5 points per dollar. But this is for purchasing flights and prepaid hotels from the American Express Travel website.
Ink Business Preferred from Chase
Also, make sure to take a look at the Ink Business Preferred Card from Chase. Get 80,000 bonus points. But this is once you spend $5,000 on purchases. And it is within your initial three months from account opening.
Earn three points per dollar. But this is on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, and cable and phone. It is also on advertising purchases made with social media sites and search engines. But this is for each account anniversary year.
Also, get one point for each dollar on all other purchases. There is no restriction to the amount you can earn.
The Best Rewards Credit Card for Small Business: Cards for Cash Back Rewards
Look at the SimplyCash Plus Business Credit Card from American Express. So you can earn as much as $400 cash back. Get a $200 statement credit. But this is after spending $5,000.
Also, get 5% cash back at US office supply stores and on wireless phone services. So these must be bought from US service providers. But this applies to first $50,000 of yearly spending.
You also get 3% cash back on spending category of your choice. So this is from eight varying categories. They include airfare, gas, advertising and computer purchases. But it applies to the first $50,000 of annual spending.
And also you get 1% cash back on all other purchases.
Bank of America Business Advantage Cash Rewards MasterCard
Also, take a look at the Bank of America Business Advantage Cash Rewards MasterCard Credit Card.
With it, you can get a $200 statement credit. But this is after $500 in purchases . And that is during 60 days of account opening.
You also get 3% cash back on purchases at gas stations and office supply stores. But this is up to $250,000 yearly.
Also, you get 2% cash back on purchases at restaurants. And get 1% cash back on all purchases. Also, there is no yearly fee. But it is available to applicants with outstanding credit.
But you can only redeem your cash back in $25 increments.
Spark Cash Select From Capital One
In addition, check out the Spark Cash Select from Capital One. So you get 1.5% cash back on all purchases. So this is without any restrictions.
New cardholders can also get a $200 cash bonus. But that is once they spend $3,000 on new purchases. So this is during the first three months of account opening.
New customers also get initial APR of 0% on purchases. But that is for nine months. Also, there is no annual fee.
The Best Rewards Credit Card for Small Business for You
Your preferred corporate credit cards are dependent on your credit history and scores.
Only you can determine which benefits you want and need. So be sure to do your due diligence.
And, as always, make certain to build credit in the recommended order for the highest, fastest benefits.