Published By Janet Gershen-Siegel at June 7, 2018
Written by Janet Gershen-Siegel
Are you trying to find business credit cards with 0% interest for 12 months? We did the digging so you won’t have to. Also, we found several other selections with exceptional perks. So be sure to check in case any of those end up being a better deal for you. We inspected a number of business credit cards; here are our favorites.
According to the SBA, company credit card limits are 10 – 100 times that of personal cards! This shows you can get a lot more money with business credit. And it also means you can have personal credit cards at shops, and now have an alternate card at the same shops for your small business. And you won’t have to provide collateral, cash flow, or financial information in order to get small business credit.
Benefits vary, so make sure to select the benefit you prefer from this assortment of choices. You may find that business credit cards with 0% interest are not the best benefits for you. Always shop around and make sure you are getting the best possible fit.
For a 0% APR time frame, we really like the Ink Business Cash ℠ Credit Card. You pay no yearly fee. It’s got an interest-free time period. It has versatile cash-back rewards. There are spending limits for your employees. You will have to have 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 time period, we also go for the Blue Business ℠ Plus Credit Card from American Express. It has an introductory 0% APR for 15 Months. You can earn double points on everyday business purchases up to a yearly cap. The regular APR is 12.24% – 20.24% (variable). Get it here: https://creditcard.americanexpress.com/blue/
For Low APR/Balance Transfers Business Credit Cards, we like the U.S. Bank Business Edge Platinum. You start 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 upon creditworthiness. There is no annual fee. This card is solely offered to people with great or excellent credit. However, there is no rewards program for purchases. Get it here: https://www.usbankedge.com/credit/business-edge-platinum.do
Also, investigate 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 small businesses can get double points on the first $50,000 in purchases every year. Get it here: https://creditcard.americanexpress.com/blue/
For Fair Credit, we like the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. However, you need a credit score of 690 or higher. BEAR IN MIND: the ongoing APR is 23.99% variable APR. Get it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/
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 new card within your first 3 months.
Also, earn two miles per dollar spent on purchases made directly with Delta. Earn one mile on each eligible 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 get Gold Status when you sign up for the Starwood Preferred Guest program. There is also a $200 annual air travel fee credit. There is a $100 credit towards the Global Entry application fee, including access to TSA PreCheck program. Also, you get one point per dollar spent on the majority of purchases.
Also, you get 1.5 times the points on charges of $5,000 or more on qualified purchases, up to one million additional points per year. You get five points per dollar spent buying flights and prepaid hotels from the American Express Travel web site. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-platinum/44279
Also, be sure to take a look at the Ink Business Preferred Card from Chase. Get 80,000 bonus points once you spend $5,000 on purchases within your first three 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.
Also, earn one point for each dollar on all other purchases. There is no restriction to the amount you can earn. Get it here: https://creditcards.chase.com/credit-cards/small-business/ink-business-preferred
Take a look at the Wells Fargo Business Secured Credit Card. Cardholders can get a credit limit of $500 – $25,000. The amount offered equals the cash you furnish to secure the line. Your purchase APR rate can be as low as a variable 13.15%. The yearly fee is $25. The more cards you have the more expensive your yearly fee will be.
This card allows company owners with bad personal credit to get a card to build business credit. The card will only report to the personal credit bureaus if you default or are behind on payments. Get it here: https://www.wellsfargo.com/biz/business-credit/credit-cards/secured-card/
Check out the SimplyCash Plus Business Credit Card from American Express. You can earn as much as $400 cash back. Earn a $200 statement credit after spending $5,000. Also, you get 5% cash back at US office supply stores and on wireless phone services purchased straight from US service providers. However, this applies to the first $50,000 of annual spending.
You also get 3% cash back on the spending category of your choice. This is from eight separate categories, such as 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. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/simply-cash-plus-business-credit-card/44279
Also, check out 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. This is as much as $250,000 per year.
And you get 2% cash back on purchases at restaurants, and 1% cash back on all purchases. There is no annual fee. However, it is offered to applicants with excellent credit. 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, check out the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, with no limits. New cardholders can also get a $200 cash bonus. This is once they spend $3,000 on new purchases within three months of account opening.
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/
Take a look at the Business Gold Rewards Card from American Express OPEN. You can earn 50,000 Membership Rewards points after $5,000 in purchases on the card in the first three months. You get three points on your choice of five categories. Also, you get two times the points on the other categories, and one point per dollar on all other purchases.
It has a $0 yearly fee for the first year, but then your yearly fee rises to $175. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-gold-rewards
Also, check out the Business Platinum ® Card from American Express OPEN. You can get up to 75,000 Membership Rewards points at the time of account opening. You can also get 50,000 Membership Rewards points after spending $10,000. And you get an extra 25,000 points after spending an added $10,000 all on qualifying purchases. However, this is during the first three months.
Also you can get five times the Membership Rewards points on flights and prepaid hotels on amextravel.com. Unfortunately; it has a $450 annual fee. Get it here: https://www.americanexpress.com/us/small-business/credit-cards/business-platinum/44279
Your absolute best business credit cards for 0% interest for 12 months hinge on your credit history and scores. Only you can decide which features you want and need, so make sure to do your homework.
And, as always, make certain to build credit in the established order for the highest, fastest benefits. Business credit can help any business because it is an asset and it also increases the value of a business. Business credit is also useful for getting any new business off the ground. In addition, building business credit can help any company get better rates and terms. Hence a business owner may find that they qualify for a particular credit card, but they can get better terms elsewhere. That can even include 0% interest.