10 Best Business Credit Cards For Managing Company Expenses
As a business owner, managing company expenses can be a daunting task. However, with the right business credit card, you can simplify the process and even earn rewards in the process. In this article, we will be highlighting the top 10 business credit cards that can help you manage your expenses efficiently while earning you some great rewards in the process. Whether you’re a small business owner or a large corporation, there’s a credit card on this list that will suit your needs. So, without further ado, let’s dive into the best business credit cards available in the market today!
- Chase Ink Business Cash Credit Card – Earn cash back on purchases and get a sign-up bonus.
- American Express Business Gold Card – Get rewards points for travel, advertising, and shipping expenses.
- Capital One Spark Cash for Business – Earn unlimited cash back and get free employee cards.
- Bank of America Business Advantage Cash Rewards – Earn cash back and get bonus rewards for gas and office supply purchases.
- Wells Fargo Business Secured Credit Card – Build credit and earn rewards with a secured credit card.
- CitiBusiness / AAdvantage Platinum Select – Earn air miles for business travel and get travel perks.
- U.S. Bank Business Platinum Card – Get a long 0% introductory APR on purchases and balance transfers.
- Discover it Business Credit Card – Earn cash back and get free employee cards on this no annual fee card.
- Capital One Spark Miles for Business – Earn unlimited miles and redeem for travel expenses.
- American Express Blue Business Cash Card – Earn cash back on purchases and get a low APR.
Choose the card that best fits your business needs and start managing your expenses today!
10 Best Business Credit Cards for Managing Company Expenses
Managing company expenses can be challenging, but having the right credit card can make it easier. In this post, we will be discussing the 10 best business credit cards that are perfect for managing company expenses. From cashback rewards to travel benefits, these cards have it all.
1. Chase Ink Business Cash
Why We Like It:
The Chase Ink Business Cash card is perfect for small businesses looking for a cashback rewards program. This card offers cashback rewards for purchases made in specific categories, such as office supplies and internet, cable, and phone services. Plus, it has no annual fee and a 0% introductory APR for the first 12 months.
Who Should Get It:
Small business owners who want to earn cashback rewards on everyday purchases.
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2. American Express Blue Business Cash Card
Why We Like It:
The American Express Blue Business Cash Card offers a simple cashback rewards program with no annual fee. Cardholders can earn 2% cashback on all eligible purchases up to $50,000 per calendar year.
Who Should Get It:
Small business owners who want a simple cashback rewards program with no annual fee.
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3. Capital One Spark Cash for Business
Why We Like It:
The Capital One Spark Cash for Business card offers a simple cashback rewards program with unlimited earning potential. Cardholders earn 2% cashback on all purchases with no annual fee for the first year.
Who Should Get It:
Small business owners who want a simple cashback rewards program with unlimited earning potential.
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4. American Express Business Gold Card
Why We Like It:
The American Express Business Gold Card offers a flexible rewards program that allows cardholders to choose which categories to earn 4X points on. Plus, it has a welcome offer of 70,000 Membership Rewards points after spending $10,000 in the first 3 months.
Who Should Get It:
Business owners who want a flexible rewards program and travel benefits.
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5. Capital One Spark Miles for Business
Why We Like It:
The Capital One Spark Miles for Business card offers a rewards program that allows cardholders to earn unlimited miles on all purchases. Plus, it has a welcome offer of 50,000 miles after spending $4,500 in the first 3 months.
Who Should Get It:
Business owners who want a simple travel rewards program.
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6. Bank of America Business Advantage Cash Rewards Mastercard
Why We Like It:
The Bank of America Business Advantage Cash Rewards Mastercard offers a cashback rewards program with no annual fee. Cardholders can earn cashback rewards on purchases made in specific categories.
Who Should Get It:
Small business owners who want a cashback rewards program with no annual fee.
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7. CitiBusiness/AAdvantage Platinum Select Mastercard
Why We Like It:
The CitiBusiness/AAdvantage Platinum Select Mastercard offers travel benefits for frequent flyers. Cardholders can earn AAdvantage miles on purchases and receive travel perks, such as a free checked bag and priority boarding.
Who Should Get It:
Business owners who frequently travel with American Airlines.
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8. American Express Plum Card
Why We Like It:
The American Express Plum Card offers flexible payment options for business owners. Cardholders can choose to pay their balance in full each month or carry a balance and pay over time. Plus, it has no preset spending limit and no annual fee for the first year.
Who Should Get It:
Business owners who want flexible payment options and no preset spending limit.
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9. Chase Ink Business Preferred
Why We Like It:
The Chase Ink Business Preferred card offers a lucrative rewards program for business owners who frequently travel. Cardholders can earn points on purchases and redeem them for travel benefits, such as flights and hotel stays.
Who Should Get It:
Business owners who frequently travel and want a rewards program for travel benefits.
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10. The Business Platinum Card from American Express
Why We Like It:
The Business Platinum Card from American Express offers premium travel benefits for business owners who frequently travel. Cardholders can earn Membership Rewards points on purchases and receive travel perks, such as airport lounge access and statement credits for travel-related expenses.
Who Should Get It:
Business owners who frequently travel and want premium travel benefits.
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In conclusion, these 10 business credit cards offer a variety of benefits and rewards programs that can help business owners manage their company expenses. Whether you’re looking for cashback rewards or travel benefits, there is a card that can fit your needs. Be sure to evaluate each option carefully before making a decision, and choose the card that best suits your business needs.
Frequently Asked Questions
Here are some commonly asked questions about the 10 best business credit cards for managing company expenses.
What are the benefits of using a business credit card?
Using a business credit card can help you separate your personal and business expenses, build business credit, and earn rewards or cash back on purchases. Some business credit cards also offer additional perks such as extended warranties, travel insurance, and purchase protection.
Additionally, using a business credit card can make it easier to manage your company’s finances by providing detailed expense reports and allowing you to set spending limits for employees.
What should I consider when choosing a business credit card?
When choosing a business credit card, consider factors such as the card’s annual fee, interest rates, rewards program, and any additional perks or benefits. You should also consider whether the card is accepted at the vendors and suppliers you regularly do business with.
If you plan to carry a balance, look for a card with a low interest rate or a 0% introductory APR. If you plan to pay the balance in full each month, look for a card with a rewards program that aligns with your business spending.
What are some of the best business credit cards for managing company expenses?
Some of the best business credit cards for managing company expenses include the American Express Business Gold Card, the Ink Business Preferred Credit Card from Chase, and the Capital One Spark Cash for Business.
Other top options include the Bank of America Business Advantage Cash Rewards Mastercard, the CitiBusiness/AAdvantage Platinum Select World Mastercard, and the Discover it Business Card.
How can I maximize my rewards with a business credit card?
To maximize your rewards with a business credit card, make sure to use the card for all eligible business expenses and pay the balance in full each month to avoid interest charges. You should also look for cards with bonus categories that align with your business spending, and take advantage of any sign-up bonuses or promotional offers.
Additionally, consider using a card that offers points or miles that can be transferred to airline or hotel loyalty programs for even greater value.
What are some tips for using a business credit card responsibly?
To use a business credit card responsibly, make sure to pay the balance in full each month to avoid interest charges. You should also keep track of your spending and set a budget to avoid overspending.
Additionally, only use the card for business expenses and make sure to keep receipts and records of all transactions. Finally, make sure to keep your card information secure and monitor your account regularly for any unauthorized charges.
Choosing the right business credit card can make a significant difference in managing company expenses. With so many options available, it can be overwhelming to determine which credit card is the best fit for your business. That’s why we’ve put together a list of the 10 best business credit cards to help you make an informed decision.
By selecting a business credit card that offers rewards and cashback programs, you can earn valuable benefits for purchases made for your business. Additionally, many business credit cards provide tools to help track spending and monitor employee expenses, making it easier to manage your finances.
Ultimately, choosing the right business credit card can help you save money and streamline your company’s financial processes. Consider the benefits and features of each of the top 10 business credit cards before making a decision, and find the one that best suits your company’s unique needs. With the right business credit card in hand, you can focus on growing your business and achieving your financial goals.
