The Traits of the Best Business Credit Cards

Not all business credit cards are created equal.  It’s just a simple fact of credit cards.  Some rewards programs go by points, and others go by cash back.  Some credit cards have signup bonuses, while others don’t.

Choosing the right credit card for you business is important, and your business tendencies and transaction types will dictate which card is really for you.

We put together a few of the best offers on the markets as a way to explain what makes a business credit card amazing for your business.  We are going to look at the bonuses, rewards, annual fees and credit requirements for these amazing business credit cards, so you can understand the traits of the best business credit cards on the market and what you can get with your credit.

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American Express Blue Business Plus

American Express gets a lot of grief, but they offer crazy deals when they can be used.  Take the Express Blue Business Plus card as an example.  This card offers a 0% APR rate of 15 months.  That means you can pay them back in full at 0% over 15 months.  That’s simply insane for a credit card.

There is a nice points reward system that stacks on your transactions, so businesses that do tons of transactions can really benefit from this card.

The only downside of this card?  There is no sign-up bonus, but I think 15 months of 0% APR is kind of a sign-up bonus on its own.

Chase Ink Business Preferred

Traveling a lot should be rewarded, right?  That’s what you get with this Chase Ink Business Preferred Card.  You get a 25% more points when you purchase airfare, hotels, rental cars, and cruises for your business.  That means your travel expenses for business get your more, no matter where you have to go.

You can even earn 80,000 points right off the rip if you spend $5k in the first three months.  Those 80,000 points can get you $1000 worth of travel.  This is the international corporation’s best friend.

Capital One Spark Cash for Business

Capital One joins the game with the Spark Cash for Business card.  This card is a great example of a cashback program card.  If you have excellent credit and your business does tons of transactions with high price tags, this is a business card that should be your radar.

With 2% cash back on transactions and a $500 sign-up bonus when you spend $4500 in the first 3 months, this card is a great example of an everyday business card.

Please note, though there is no annual fee for the first year, but there is a $95 annual fee after the first year.

American Express Business Gold Delta SkyMiles

This is the frequent Delta flyer’s favorite card due to it’s amazing rewards program.  Mileage rewards on purchasing and cheap tickets aren’t all you get with this card.  Oh no, you also get in-flight discounts, a free checked bag, priority boarding on Delta flights, and 30,000 mile bonus on sign up.

If you are doing a lot of international business, you really want to look into this card.  It comes with no foreign transaction fees, so you can save.  Heads up, there is no annual fee for the first year on this card, but then it goes up to $95 dollars a year.

Capital One Spark Classic for Business

This is our high value card for any solopreneur or business with average credit. There is no annual fee, and it rewards you with a 1% cash back program.  If you are looking for the perfect card to build credit with, this is probably it.  There is no foreign transaction fees, no annual fees, and no balance transfer fees.  You can also get employee cards business cards at no extra cost, and they even provide you with a small business customer service that helps you reach your goals.

American Express SimplyCash Plus Business

This card is amazing for high flow and high ticket business because of the amazing rewards program offered.  The SimplyCash offer 1%, 3%, or 5% cash back on your purchases, and it comes with a $400 dollar sign up bonus.  That’s a great way to start up a card for frequent purchasers.

The credit requirements for this card are relatively low at 620 or more, and there are no annual fees!  Not to mention the intro 0% APR period.  That’s just icing on the cake.

Which Business Credit Card is Right for You?

At the end of the day, you should do everything you can to research all of the credit card offers on the market, and see which one suits your business’ needs.  There is no right credit card for every business, but there is normally a better option than the one your friend used.

How did you pick your business credit card?  What made you choose one card over another?  Which one of these cards do you think offers the best value?  Share your comments below.

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