Credit cards for small businesses are becoming more and more popular business financing options, especially for entrepreneurs who do not qualify for traditional business loans and do not have access to a network filled with deeply family members, friends and colleagues. Which business credit card is best?
Best registration bonus: Ink Business Preferred® credit card
Welcome offer: 100,000 Ultimate Rewards points when you spend $ 15,000 on the card during the first three months of opening an account
Annual fee: USD 95
Earnings rates: 3 points per dollar for the first 150,000 USD. Your company spends on cumulative purchases every year on travel, shipping, internet / cable / telephone and advertising on social networks or using search engines. Purchases that reach USD 150,000 or in any other category earn 1 point per dollar.
Unique benefits: mobile phone protection, basic car rental insurance
If you want to earn valuable, flexible bonus points for small business expenses, the Chase Ultimate Rewards (UR) ecosystem is one of the best options. If you already have one of the popular personal Chase reward cards – such as the Chase Sapphire Preferred® Card or Chase Sapphire Reserve® – Ink Business Preferred® Credit Card is the perfect business card companion.
Best for additional travel benefits: Business Platinum Card® from American Express
Welcome offer: 75,000 membership bonus points (after spending $ 15,000 on qualifying purchases using the Business Platinum Card during the first 3 months of card membership).
Annual fee: USD 595
Earnings rates: 5 points per dollar on flights and prepaid hotels paid on amextravel.com, 1.5 points per dollar for purchases worth $ 5000 or more (up to 1 million additional points per year), 1 point per dollar for everything else
- Up to USD 200 per year for airlines
- Access to airport lounges includes Centurion lounges, Priority Pass lounges and Delta Sky clubs (during Delta flight)
- Up to USD 200 in Dell statement funds per year for purchases in the US (divided into a maximum of USD 100 between January and June and up to USD 100 between July and December)
- Retrieve 35% of points for using Pay With Points to book an economy flight on a selected airline or business flight or first class flight on any airline
Corporate Brex Mastercard for startups
Brex Mastercard Corporate Credit Card for Startupsto an extremely generous credit card for corporate rewards, with virtually no fees. Unlike most other business credit cards, it does not require a personal guarantee (even for small businesses) and promises a 10-fold credit limit over the current company card. Catch: your account balance is automatically paid out in full at 30 net, so you can’t transfer the balance from month to month.