Check out best business credit cards of 2019. We compare top credit card for small business startup owner. Get cash back reward bonus offer. Read this now:
If you are a business owner and are planning to get your hands on a business credit card, then you will be amazed to know the number of business credit card options that are available currently. However, you should always choose a business credit card that suits best for your business model and current business scenario. For instance, if you are running a small business then you should always opt for the best rewards business credit card or any other best credit card for small business.
However, if you are confused to choose from the business credit cards out there, then today we bring you a list of the top business credit cards available currently that are not only feature small business but also some low interest business credit cards as well, so that you can prosper your business with your new credit card.
What is Business Credit Cards?
A business credit card, pretty much as the name suggests, is a credit card that is targeted towards business owners rather than individuals. Here are some features that make business credit cards different from consumer credit cards:
- Best credit cards for Small Business offer cash back and rewards for business credit card owners on eligible purchases. However, this cash back credit card or rewards, balance transfer are not only offered on purchases in supermarkets and gas stations but especially on places where business owners are expected to visit frequently and make bulk purchases.
- Top business credit cards offer business owners with special cash back and reward offers on foreign travel. As a majority of business owners are expected to make foreign trips on a regular basis, having a best business credit card for travel can help you in gaining access to VIP airport lounges, get cheaper air tickets and also offers on hotels and restaurants around the globe. Check out 2017 best travel credit cards.
Top Business Credit Cards:
Now let us take a look at the list featuring the best credit card for small business and the best low interest business credit cards as well.
1.Chase Ink Business Cash Credit Card:
The Chase Ink Business Cash credit card is one of the top corporate credit cards out there that offers a very impressive cash back program for business owners.
You receive 5% in cash back for every purchase of office supplies done with the credit card until your purchase reaches a cap of $25,000 in a year. Also, you receive 5% as cash back every time you use this credit card for restaurants or gas stations with a maximum cap of $25,000. Even after you cross the $25,000 limit on both the above cash back scenarios, you will still receive unlimited cash back of 1% on all purchases you make with the credit card. The cash back
accumulated on your credit card can then redeemed either for direct deposits or statement credits. You can also use your cash back in booking air tickets, buying gift cards and also on purchases made on Amazon
If you manage to spend a minimum of $3000 within the first three months of signing up for this credit, you will receive a sign-up bonus of $300.
The Chase Ink Business Cash credit card does not feature any annual fee and also 0% APR is charged on balance transfers and purchases for the first 12 months. Other charges include 3% on the total amount of transaction for foreign transactions, 5% or $15 (whichever is greater) for cash advances and 5% or $5 for balance transfers.
2.American Express Starwood Preferred Guest Business Credit Card:
This is yet another low interest credit card for business that is targeted towards budding businesses in the market as it offers really great offers on air tickets, hotels, and restaurants, which can be of great use for business owners who travel frequently.
There is an annual fee of $95 and is waived off for the first year of you signing up for this credit card. If you manage to spend $5000 or more in purchases within the first 3 months, then you rewarded with 25,000 Starpoints. For every dollar spent at participating SPG and Marriott hotels, you will receive 2 Starpoints. One another awesome feature of this credit card is that there is no fee on foreign transactions.
All the Starpoints accumulated in your account can be used to book cheaper air tickets, hotels, resorts and restaurants. There are over 150 airlines and over 1300 hotels supported by this credit card Starpoints.
3.Capital One Spark Miles Select for Business:
The Capital One Spark Miles Select for Business is also one of the best rewards business credit cards with signup bonus out there with a lot of offers and rewards for its customers.
For every $1 you spend using this credit card you receive 1.5 MILES point and there is no limit for the MILES points you can earn in this way. Each MILES point is worth $0.01 and can be used to get discounts on air tickets, hotels, restaurants, and even rental cars.
There is no annual fee, balance transfer fee or foreign transaction fee charged to this credit card. The only fee is for cash advances and late payments. Cash advances will be charged either 3% or $10 (whichever is greater) and late payments will be charged with $39. Also, 0% APR is charged for the first 9 months of signing up for this credit card.
If you manage to spend a minimum of $3000 within the first 3 months of issuing this credit card, then you will be rewarded with 20,000 MILES points which are equivalent to $200 in cash.
Those were a few of the best credit card for small business owners in 2017. Hope you liked this article and in the case of any doubts regarding the best business credit cards, do leave a comment below with your question and we will aptly respond to your query.