Top 5 Best Small Business Credit Cards to Boost Your Business
Starting a small business is an exciting opportunity but also a challenging one. One of the significant requirements of running it is having enough capital to keep up with the demands of growth. Small business credit cards are designed to help entrepreneurs manage their finances, establish business credit, and earn rewards while keeping their business expenses organized.
In this article, we will present the top 5 best small business credit cards to help you find the one that best suits your needs.
1. Ink Business Cash® Credit Card
The Ink Business Cash® Credit Card is an excellent option for small business owners who want to earn rewards on their everyday business expenses. You can earn up to 5% on select business expenses, such as office supplies, internet, cable, and phone services. The card also offers a 0% introductory APR on purchases for the first 12 months and $0 annual fee, making it an affordable option for small business owners.
2. American Express® Business Gold Card
The American Express® Business Gold Card offers flexibility and value for businesses with more extensive needs. It allows you to earn four points per dollar on the two select categories you spend the most each month. Categories include airfare purchased directly from airlines, U.S. purchases for advertising in select media, shipping, and more. The card also offers a complimentary year of G Suite Basic for up to three users for a value of up to $150 per user, helping your small business get started.
3. Capital One® Spark® Miles for Business
If you are a frequent traveler, the Capital One® Spark® Miles for Business is an excellent option for you. It allows you to earn unlimited 2x miles on every purchase, with no annual fee for the first year and $0 introductory annual fee for the first year, then $95 per year. Plus, you can unlock additional employee cards at no extra cost to help your employees earn rewards and manage expenses.
4. The Blue Business® Plus Credit Card from American Express
The Blue Business® Plus Credit Card from American Express is a simple credit card that offers significant benefits. It has no annual fee, earns 2X Membership Rewards® points on everyday business purchases up to $50,000 per year, and 1X Membership Rewards® points on each dollar spent thereafter. Its 0% introductory APR on purchases for the first 12 months offers small business owners the opportunity to make essential purchases without the added interest.
5. Chase Ink Business Preferred℠ Credit Card
The Chase Ink Business Preferred℠ Credit Card is a premium option for small business owners who frequently travel. It offers a huge 100,000-point sign-up bonus, worth up to $1,250, and 3x points on eligible travel purchases and select business categories such as shipping purchases, advertising purchases made with social media sites, and search engines. The card also provides trip cancellation insurance, car rental insurance, and purchase protection.
Conclusion
In conclusion, small business credit cards are an excellent tool to help entrepreneurs manage their finances while earning rewards. While there are numerous options, the Ink Business Cash® Credit Card, the American Express® Business Gold Card, the Capital One® Spark® Miles for Business, the Blue Business® Plus Credit Card from American Express, and the Chase Ink Business Preferred℠ Credit Card stand out amongst others. By doing some research and finding the right match, small business owners can reap the benefits of these credit cards and boost their business growth.
