What Are The Best Credit Card Offers For Business?

Table of Contents

Best Credit Card Offers: Choosing the right credit card for your business can be a game-changer. You might want a card that gives great rewards, benefits, or the right features. Luckily, there are many excellent business credit card offers out there. We will help you look at some of the top choices. This will let you compare and choose wisely.

The Ink Business Unlimited® Credit Card is a great option. It gives unlimited 1.5% cash back on all business purchases. There’s no annual fee and no need to worry about bonus categories. New users can earn a $750 bonus cash back by spending $6,000 in the first 3 months. Plus, there’s a 0% introductory APR on purchases for the initial 12 months. This makes it perfect for new businesses wanting to control their spending.

Key Takeaways

The Ink Business Unlimited® Credit Card offers unlimited 1.5% cash back on all purchases with no annual fee.
New cardholders can earn a $750 bonus cash back by spending $6,000 in the first 3 months.
The card features a 0% introductory APR on purchases for the first 12 months, helping with cash flow management.
Businesses can combine personal and business credit cards to maximize rewards and benefits.
Researching top business credit card offers and comparing features is key to choosing the right card for your company’s needs.

Introduction to Best Credit Card Offers for Businesses

Today, businesses can pick from many credit card options. Each card has unique benefits, from cash back to special tools. It’s key for companies of any size to know about these benefits. This knowledge helps in choosing the perfect credit card.

Why Businesses Need Credit Cards

Credit cards are key for businesses for several reasons. They offer quick financing and help manage cash flow. Plus, they let companies grab rewards and benefits. This is especially useful for making large, essential purchases without draining cash.

Benefits of Using Business Credit Cards

Unlike personal cards, business credit cards come with special business-focused features. These include employee cards and tools to track expenses. They also offer purchase protection.

For businesses, rewards are a big plus. Cards often include cash back, points, or miles. Businesses can then use these rewards for various expenses.

Cash Back Business Credit Cards

Looking at business credit cards, cash back can be a great benefit for everyday costs. Key cash back cards are the Ink Business Unlimited® Credit Card, the American Express Blue Business Cash™ Card, and the Ink Business Cash® Credit Card.

Ink Business Unlimited® Credit Card

Chase’s Ink Business Unlimited® Credit Card is simple and effective. It gives 1.5% cash back on everything, with no limits to your rewards. There’s also no annual fee or special bonus categories to remember. New users might earn a $750 bonus by spending $6,000 in the first 3 months. Plus, get a 0% APR on purchases for the initial 12 months.

The American Express Blue Business Cash™ Card

The American Express Blue Business Cash™ Card is a reliable choice, too. You get 2% cash back on the first $50,000 of certain purchases each year. After that, the rate drops to 1%. It also lacks an annual fee and hard-to-remember bonus categories. New cardholders can enjoy a $250 statement credit by spending $3,000 in the initial 3 months.

Ink Business Cash® Credit Card

The Ink Business Cash® Credit Card, also by Chase, focuses on different spending areas. You can earn 5% back on up to $25,000 spent yearly at office supply stores and on select online services. This card also gives you 2% back at gas stations and restaurants, and 1% on all other buys.

Travel Rewards Business Credit Cards

For companies that love to travel, certain business credit cards stand out. The Business Platinum Card® from American Express, Venture X Business, and the Southwest® Rapid Rewards® Performance Business Credit Card are top choices. Each offers great rewards and perks.

The Business Platinum Card® from American Express

The Business Platinum Card® from American Express is top of the line for travel benefits. When you book flights and hotels with Amex Travel, you get 5X points. Plus, any purchase over $5,000 earns 1.5X points. New users can get 150,000 bonus points after spending $20,000 in the first 3 months. This card also gives airport lounge access, hotel status, and a $200 airline fee credit every year.

Venture X Business

The Venture X Business card from Capital One is relatively new but impressive. It offers 2X miles on all buys, without worrying about categories. Spend $10,000 in the first 3 months to get 100,000 bonus miles. The card also includes a $300 travel credit each year, plus lounge access and travel insurance.

Southwest® Rapid Rewards® Performance Business Credit Card

The Southwest® Rapid Rewards® Performance Business Credit Card shines for Southwest Airlines fans. It gives 4X points on Southwest® buys and 2X on things like social media ads. Spend $5,000 in the first 3 months to earn 80,000 bonus points. Benefits include four better boarding opportunities, Wi-Fi credits, and help paying for a Global Entry or TSA PreCheck application.

Best Credit Card Offers for Specific Business Needs

Choosing a business credit card means looking at what your company buys. Some cards give more for certain expenses. This can mean extra rewards or special benefits just for those spends.

Best for Office Supplies and Internet Services

The Ink Business Cash® Credit Card is ideal for buying office basics and online services. It gives 5% cash back on up to $25,000 in these areas every year. You’ll also earn 2% at gas stations and restaurants, plus 1% on everything else.

Best for Gas and Dining

The American Express Blue Business Cash™ Card is great if you’re always on the road or dining out. It offers 2% cash back on all purchases up to $50,000 a year, then 1%. This is especially good for companies that spend a lot on gas and food.

Best for Airline Loyalty Programs

The Southwest® Rapid Rewards® Performance Business Credit Card is perfect for those who love Southwest Airlines. It gets you 4 points for every dollar on Southwest purchases. Plus, 3 points for Rapid Rewards partner hotels and rentals, and 2 points on other purchases.

Factors to Consider When Choosing a Business Credit Card

Choosing the right business credit card means looking at a few key things. You should check the annual fee, rewards, and the needed credit score. These all shape how good a card is for your business.

Annual Fees

Think about the annual fee when picking a card. Business Platinum Card® from American Express has a high fee ($695), but lots of travel perks. Yet, cards like Ink Business Unlimited® Credit Card or American Express Blue Business Cash™ Card cost nothing each year, saving money for some businesses.

Rewards and Bonus Categories

It’s key to look at what rewards a card offers. For example, the Ink Business Cash® Credit Card gives more cash back on business items like office supplies and phone services. Knowing your business’s top spending areas can help pick the best rewards.

Credit Score Requirements

Business credit cards might need different credit scores to apply. Some want excellent credit, while others are fine with good or average scores. Knowing your business’s credit score helps find cards you’re likely to get approved for.

How to Apply for a Business Credit Card

When you apply for a business credit card, you need to share details about your company. This includes the business name, address, industry, years in business, and estimated annual revenue. You’ll also give your own info as the owner. This means sharing your name, Social Security number, and home address.

To make sure you get the card, they will check your business info and decide if you’re trustworthy. Many issuers look at your personal credit score too. If your application is accepted, you can start using the card for purchases. You can also enjoy the rewards, benefits, and features it comes with.

It’s smart to have all your details ready before you start the application. This makes the whole process easier. Also, keep in mind that the needed information might change based on the card company or your business situation.

Managing and Maximizing Business Credit Card Rewards

Using a Business credit card lets you earn rewards on your spending. This includes points or cash back. You also get perks like issuing employee cards for free.

Employee Card Benefits

Giving out employee cards can help you get more rewards. You earn on their purchases. Some cards allow you to control how much they spend, helping manage costs.

Rewards Redemption Options

You can redeem your rewards in different ways. Options often include statement credits, travel bookings, and gift cards. Make sure to explore how you can use your rewards best.

Also Read: Secure Your Data With Identity Theft Protection

FAQs

What are the best credit card offers for businesses?

For businesses, the best credit card offers change based on what is needed and how money is spent. Some top choices are the Ink Business Unlimited® Credit Card for cash back. The Business Platinum Card® from American Express is great if you travel a lot. There’s also the Ink Business Cash® Credit Card, perfect for office supplies and the web.

Why do businesses need credit cards?

Credit cards are key for businesses because they offer quick cash through financing. They help keep a steady cash flow and let companies earn rewards. These cards often come with perks like employee cards and ways to track spending.

Using them wisely can also boost your business’s credit score. This makes it easier to get loans in the future.

What are the benefits of using business credit cards?

Business credit cards help companies manage their spending better and offer perks. These include the chance to get financing, manage money, and build credit. Such cards can have extras like employee spending cards, tracking tools, and safety for purchases.

What are the best cash back business credit cards?

Top cash back cards for businesses are the Ink Business Unlimited® Credit Card and the American Express Blue Business Cash™ Card. The Ink card gets you unlimited 1.5% cash back. The Amex Blue Business offers 2% cash back up to ,000 a year.

What are the best travel rewards business credit cards?

If you love travel rewards, consider the Business Platinum Card® from American Express. It gives you 5X points on flights and hotels with Amex Travel. The Venture X Business card, on the other hand, earns 2X miles on all purchases.

What factors should I consider when choosing a business credit card?

When picking a business credit card, think about its annual fee and the rewards it offers. Check if your credit score is good enough. Also, look at the perks and features that fit your business’s needs.

It’s smart to compare different cards to find the best one for your company.

How do I apply for a business credit card?

To apply, you need to give details about your company. This includes the business name, address, type of industry, years active, and yearly income estimates. You also must share your own info, like your name, Social Security number, and address.

How can I maximize the benefits of a business credit card?

To make the most of a business credit card, use its extras like employee cards and spending trackers. Also, look into how to earn and use rewards. Most cards allow you to set spending limits on employee cards, which can help manage spending better.