Business credit cards are basically designed for all those who own a business and wish to have a line of credit in order to meet the business-related expenses. Most of these business credit cards have a reward system where you can earn either rewards points or cashback on your spending. Other than the cashback and rewards, there are some cards that come with the 0% introductory APR on the purchases you make. So, you may also make a large purchase using your business credit card and you will not have to pay interest of any sort especially during the first few months. So, this is a bonus for your cash flow. The other advantage for small business credit cards is that most of them allow you to take add-on cards but with adjustable limits. These cards are especially meant for the most trusted employees. This is one way to ensure that business spending is delegated to your employees. It is also one way of saving your staff from going through the hassles of claim forms.
Some of the best cards that are presently available in the market are:
- New Ink Cash Business – You can earn up to $250 bonus cashback on this card. This is issued by JP Morgan Chase. When you make purchases online, you can earn up to ten points per dollar spent at Chase Rewards Plus.
- Ink – You can reward yourself with 15,000 bonus points. At Chase’s Ultimate Rewards you can earn two points on every dollar spent if you do your airline booking and one point on all of the other purchases.
- Ink Bold with Ultimate Rewards – You can earn 25,000 bonus points. If you spend $25,000 annually this charge card will allow you to earn 7,500 points and an additional 15,000 points if you spend $50,000 annually. You will also get another 25,000 points more if you exceed your annual spending and go over $100,000. So, it would amount to 47,500 points if you are spending $100,000 on your card each year.
- SimplyCash Business Card from AmEx – With this AmEx business card you can earn 5% cashback on office supply and wireless services, 3% cashback on gasoline, as well as 1% cashback on the other purchases.
- Capital One Venture for Business – With this you can earn 10,000 bonus miles when you spend $1,000 within the first three months. You can also earn two miles for every dollar you spend on the other purchases.
