Published By Janet Gershen-Siegel at December 8th, 2018
Have you been trying to find a Visa small business credit card? We took care of all of the research for you. We found a number of other choices with great perks, so be sure to check in case any of those end up being a better deal for you. We researched a number of company credit cards; here are our favorites.
Per the SBA, company credit card limits are 10 – 100 times those of personal cards! This shows you can get a lot more money with corporate credit. And it also means you can have personal charge cards at shops.
So you can now have an additional card at the same retail stores for your company. And you won’t have to put up collateral, cash flow, or financial information in order to get company credit.
Perks vary, so be sure to select the benefit you prefer from this array of alternatives.
For a 0% APR time 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. But you will need a credit score of 690 or better.
Be sure to check out the Ink Business Preferred Card from Chase. Get 80,000 bonus points once you spend $5,000 on purchases within the first 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, and cable and phone.
Also get three points to the dollar on advertising purchases made with social media sites and search engines each account anniversary year. Earn one point for each dollar on all of the other purchases. There is no limitation to the amount you can earn.
For Low APR/Balance Transfers Business Credit Cards, we prefer the U.S. Bank Business Edge Platinum. You start off with twelve months of 0% APR financing on new purchases and balance transfers. There is a 3% balance transfer fee.
After that, the purchase APR is a variable 10.49% – 18.49%, which is dependent on creditworthiness. But there is no yearly fee. This card is only offered to people with great or superb credit. Unfortunately, there is no rewards program for purchases.
Check out the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, without restrictions. New cardholders can also get a $200 cash bonus as soon as they spend $3,000 on new purchases within three months of account opening.
New customers also get initial APR of 0% on purchases for nine months. But there is no yearly fee.
For Fair Credit, we are partial to the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. You will need a credit score of 690 or better. TAKE NOTE: the standard APR is 23.99% variable APR.
It’s possible your absolute best Visa small business credit card could be bested by another provider’s offerings. So we are also showing cards from American Express and Visa today.
For an introductory 0% APR time period, we also like the Blue Business ℠ Plus Credit Card from American Express. It has an introductory 0% APR for 15 Months. Also, you can earn double points on ordinary business purchases up to an annual cap. The regular APR is 12.24% – 20.24% (variable).
Get it here: https://creditcard.americanexpress.com/blue/
For Travel Points, we like 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 during your first three months. Terms and limitations apply.
In addition earn a $50 statement credit after you make a Delta purchase with your card in your first 3 months. Earn two miles per dollar spent on purchases made straight with Delta. Earn one mile per qualified dollar spent on purchases.
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 register for 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, including access to TSA PreCheck program. And you also get one point for every dollar spent on the majority of purchases.
Also, you get 1.5 times the points on charges of $5,000 or more on eligible purchases. However, this is up to one million additional points per year. Get five points per dollar spent buying flights and prepaid hotels from the American Express Travel website.
For Low APR/Balance Transfers Business Credit Cards, we prefer the Blue Business Plus Credit Card from American Express. It has a 15-month initial 0% APR offer. There is no yearly fee.
Right now businesses can get double points on the first $50,000 in purchases each year.
Get it here: https://creditcard.americanexpress.com/blue/
Check out the Wells Fargo Business Secured Credit Card. It allows cardholders to secure a credit limit of $500 – $25,000. The amount offered is identical to the amount of money you provide 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 higher your annual fee will be.
This card lets small business owners with unsatisfactory personal credit to get a card to make purchases and set up business credit.
However, the card will just report to the personal credit bureaus if you default or are late on payments.
Look at the SimplyCash Plus Business Credit Card from American Express. So you can earn up to $400 cash back.
Earn a $200 statement credit after spending $5,000. Also, get 5% cash back at US office supply stores and on wireless phone services bought from US service providers. However, 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 different categories. They include airfare, gas, advertising and computer purchases. However, it applies to the first $50,000 of yearly spending.
In addition you get 1% cash back on all other purchases.
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 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. However, this is up to $250,000 yearly.
Also, you get 2% cash back on purchases at eateries, and 1% cash back on all purchases. There is no yearly fee. It is available to applicants with exceptional credit.
However, you can only redeem your cash back in $25 increments.
Have a look at the Business Gold Rewards Card from American Express OPEN. So you can earn 50,000 Membership Rewards points after $5,000 in purchases on the card within first three months.
Also, you get three points on your choice of five 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. However, then your yearly fee increases to $175.
Also, have a look at the Business Platinum ® Card from American Express OPEN. So you can get as many as 75,000 Membership Rewards points upon account opening.
Also get 50,000 Membership Rewards points after spending $10,000. In addition, get 25,000 more points after spending an added $10,000 all on eligible purchases within first three months.
Also you can get five times the Membership Rewards points on flights and pre-paid hotels on amextravel.com. However, it has a $450 annual fee.
Your absolute best Visa small business credit card will hinge on your credit history and scores. Only you can figure out which advantages you want and need, so be sure to do your research.
And, as always, make certain to build credit in the recommended order for the maximum, fastest benefits.