Taking full advantage of the benefits business credit cards offer is a strategic financial move in today's world. We know that individual needs and priorities differ, hence we have taken time to bring you some top business credit cards for you to consider when choosing a business credit card.
Top Business Credit Cards For Your Consideration
Below are a list of top business credit cards with plenty of benefits for you to consider:
A. Capital One Spark Cash Plus: The Finest Cash-Back Credit Card Without a Limit on Purchases
Use Capital One Spark Cash Plus* to maintain straightforward and significant rewards. A single, reasonable rate is applied to all earnings, and cash-back redemptions are extremely convenient and adaptable. Another fantastic method to set cruise control for your finances is with the adjustable purchasing power and no predetermined credit restriction.Benefits: Capital One Travel customers can earn 5% cash back on hotel and rental vehicle reservations, in addition to 2% cash back on all purchases.
Get a $1,200 extra when you spend $30,000 in the first three months as a welcome gift.
Cost: $150 per year
Additional pros and cons include: the very substantial welcome offer is hard to ignore, but not all firms will be able to take advantage of it due to the high spending criteria. Additionally, your company must have sufficient cash on hand to pay the entire amount due immediately, as this is a pay-in-full charge card. If you can get past this, the card is worthwhile because of the cash back it earns and the fact that you can get your annual fee refunded if you spend $150,000 or more during your cardmember year.
B. The Spark Cash Select from Capital One
The Spark Cash Select from Capital One is the best cash-back business card without an annual fee.
Capital One's Spark Cash Select is perfect for companies who would rather not pay the annual fee since it offers cash back on all purchases. New cardmembers can get a welcome bonus with this simple card.
Benefits: Capital One Travel rewards members receive 1.5% cash back on all purchases and 5% cash back on hotel and rental car reservations.
Receive a $750 bonus when you spend $6,000 within the first three months of opening your account.
Cost per year: 0%
The card is simple and lacks the extra features of more expensive alternatives, which are its main advantages and disadvantages. A strong rewards system and fast redemptions are the card's biggest draws, while basic features like free staff cards, zero fraud liability, and reporting summaries can help with your bookkeeping.
The first $25,000 spent at petrol stations and restaurants each account anniversary year earns 2% cash back, while the first $25,000 spent at office supply stores and on internet, cable, and phone services earns 5% cash back. On every other purchase, you'll earn 1% cash back.
Special incentive: Achieve a bonus cash back of $350 after spending $3,000 within the first three months of opening your account, and an extra $400 after spending $6,000 during the first six months.
Cost per year: 0%
The higher rewards rates are subject to an annual cap, which can be problematic for certain companies, among other pros and cons. Although the card can earn rewards on its own, there are additional redemption options available to cardholders who combine it with certain premium Ultimate Rewards cards (personal or business) that include airline partner transfers. Primarily, the card provides purchase protection and main auto rental insurance for company rentals, two features that are uncommon on no-annual-fee cards.
Benefits: With every purchase made by your company, you will get 1.5% cash back.
Spend $6,000 within the first three months of opening your account and receive a $750 bonus in cash back.
Cost per year: 0%
Additional pros and cons: If you're looking for a single business card, the Chase Ink Business Unlimited is a good option because the "set it and forget it" rewards are really easy to earn. Still, you'll have to combine it with another card that earns Ultimate Rewards, such as the Chase Sapphire Preferred®, Ink Business Preferred® Credit Card, or Chase Sapphire Reserve®, to get the most out of it.
You might get better value from another card if you're just concerned with the highest cash-back rate.
Capital One's Spark Cash Select is perfect for companies who would rather not pay the annual fee since it offers cash back on all purchases. New cardmembers can get a welcome bonus with this simple card.
Benefits: Capital One Travel rewards members receive 1.5% cash back on all purchases and 5% cash back on hotel and rental car reservations.
Receive a $750 bonus when you spend $6,000 within the first three months of opening your account.
Cost per year: 0%
The card is simple and lacks the extra features of more expensive alternatives, which are its main advantages and disadvantages. A strong rewards system and fast redemptions are the card's biggest draws, while basic features like free staff cards, zero fraud liability, and reporting summaries can help with your bookkeeping.
C. Ink Business Cash® Credit Card: The Finest Cash-Back Business Card for Category Bonuses
One option worth considering is the Ink Business Cash® Credit Card, which offers considerable benefits without the need for an annual fee. Although it is advertised as a cash-back card, additional benefits can be obtained by pairing it with a premium Chase Ultimate Rewards® card.The first $25,000 spent at petrol stations and restaurants each account anniversary year earns 2% cash back, while the first $25,000 spent at office supply stores and on internet, cable, and phone services earns 5% cash back. On every other purchase, you'll earn 1% cash back.
Special incentive: Achieve a bonus cash back of $350 after spending $3,000 within the first three months of opening your account, and an extra $400 after spending $6,000 during the first six months.
Cost per year: 0%
The higher rewards rates are subject to an annual cap, which can be problematic for certain companies, among other pros and cons. Although the card can earn rewards on its own, there are additional redemption options available to cardholders who combine it with certain premium Ultimate Rewards cards (personal or business) that include airline partner transfers. Primarily, the card provides purchase protection and main auto rental insurance for company rentals, two features that are uncommon on no-annual-fee cards.
D. The Ink Business Unlimited® Credit Card is the Best Flat-Rate Cash-Back Business Card Available
The Chase Ink Business Unlimited® Credit Card boasts a comparatively high cash-back rate and is positioned as a cash-back card. When used with a premium Chase Ultimate Rewards® card, the value of this card is magnified because rewards are considered as transferable Ultimate Rewards points. If you prefer a set rate of earnings without bonus categories, the Ink Business Unlimited® Credit Card is better than the Ink Business Cash® Credit Card.Benefits: With every purchase made by your company, you will get 1.5% cash back.
Spend $6,000 within the first three months of opening your account and receive a $750 bonus in cash back.
Cost per year: 0%
Additional pros and cons: If you're looking for a single business card, the Chase Ink Business Unlimited is a good option because the "set it and forget it" rewards are really easy to earn. Still, you'll have to combine it with another card that earns Ultimate Rewards, such as the Chase Sapphire Preferred®, Ink Business Preferred® Credit Card, or Chase Sapphire Reserve®, to get the most out of it.
You might get better value from another card if you're just concerned with the highest cash-back rate.
E. JetBlue Business Credit Card
If you're flying coast to coast, you should get a JetBlue business card.
There is a substantial sign-up bonus and lots of time to earn it with the JetBlue Business Card*. You can get extra points annually, get your points back when you use them, save a ton on in-flight purchases, and even get closer to elite status with the airline—all with one credit card.
Per dollar spent on JetBlue flights, you'll earn 6 points; at restaurants and office supply stores, you'll earn 2 points; and for everything else, you'll earn 1 point.
Bonus points: After spending $4,000 in the first 90 days, you'll earn 50,000 bonus points. Plus, when you use an employee card, you'll earn 10,000 extra points.
Cost: $99per annum
The 5,000 additional points you receive every year following your card anniversary go a long way toward paying for the annual fee, among other perks and downsides. Furthermore, 10% of your points will be refunded if you use them to purchase an award flight. Using this card will save you 50% on in-flight purchases, compared to the 25% discount offered by most airline credit cards.
With an annual spending of $50,000, you can earn TrueBlue Mosaic level and enjoy perks like free in-flight alcoholic beverages, upgrades, a second free checked bag, and more. However, for individuals who often fly into airports in the middle of the country that JetBlue doesn't service, the card may not be the best option due to the airline's domestic route map being primarily composed of coastal locations.
There is a substantial sign-up bonus and lots of time to earn it with the JetBlue Business Card*. You can get extra points annually, get your points back when you use them, save a ton on in-flight purchases, and even get closer to elite status with the airline—all with one credit card.
Per dollar spent on JetBlue flights, you'll earn 6 points; at restaurants and office supply stores, you'll earn 2 points; and for everything else, you'll earn 1 point.
Bonus points: After spending $4,000 in the first 90 days, you'll earn 50,000 bonus points. Plus, when you use an employee card, you'll earn 10,000 extra points.
Cost: $99per annum
The 5,000 additional points you receive every year following your card anniversary go a long way toward paying for the annual fee, among other perks and downsides. Furthermore, 10% of your points will be refunded if you use them to purchase an award flight. Using this card will save you 50% on in-flight purchases, compared to the 25% discount offered by most airline credit cards.
With an annual spending of $50,000, you can earn TrueBlue Mosaic level and enjoy perks like free in-flight alcoholic beverages, upgrades, a second free checked bag, and more. However, for individuals who often fly into airports in the middle of the country that JetBlue doesn't service, the card may not be the best option due to the airline's domestic route map being primarily composed of coastal locations.
F. Southwest Rapid Rewards Premier Business Credit Card
The Southwest Rapid Rewards Premier Business Credit Card is the best midrange airline business credit card.
With the Southwest® Rapid Rewards® Premier Business Credit Card, you may upgrade your ticket even more and earn Rapid Rewards with every transaction. Southwest Airlines is already known for its comprehensive policies, and this card adds even more to those policies.
As a reward, for every dollar you spend on Southwest, Rapid Rewards, and participating local transit and commuting partners, you will earn 3 points. For every $1 spent on everything else, you'll earn 1 point.
Get 60,000 points as a welcome bonus when you spend $3,000 in the first three months after you start your account.
Cost: $99per annum
This mid-range credit card prioritizes a route to earnings above showering you with rewards, in contrast to the more costly Southwest® Rapid Rewards® Performance Business Credit Card. Other advantages and disadvantages as well. However, with the 10,000-mile bonus, cardholders may still take advantage of two EarlyBird Check-Ins each year, save 25% on in-flight purchases, and get a jump start on earning the companion pass.
G. Top-Rated Business Card for United Airlines Passengers: UnitedTM Business Card
The United℠ Business Card satisfies a need for travelers who want to improve their United experience by offering primarily basic airline advantages. This card is a no-brainer for United Airlines flyers because to its affordable annual fee and generous yearly credit for flight expenditures.Per dollar spent at United, participating restaurants (including those that offer delivery), petrol stations, office supply stores, and local transportation and commuting, you will earn 2 miles. Per dollar spent at all other retailers, you will earn 1 mile.
Get 75,000 bonus miles as a welcome incentive when you spend $5,000 within three months of opening your account.
Cost per year: $99 after the first year of $0 introductory cost
There are perks and downsides to having this card. On the plus side, you get two United Club day tickets per year, priority boarding and free checked bags when you travel United. On the downside, you save 25% on in-flight purchases. Additionally, it improves. Plus, when you use your card to pay for eligible airfare, you'll get a $100 credit. You can speed up your status advancement with the Premier Qualifying Points (PQP) that cardholders can earn with every $500 spend every year, up to a maximum of 1,000 PQP.
H. Southwest Rapid Rewards Performance Business Credit Card
The Southwest Rapid Rewards Performance Business Credit Card is the best business credit option for domestic flights.
For frequent domestic flyers on Southwest, which was named first for economy airlines in customer satisfaction by J.D. Power, the Southwest® Rapid Rewards® Performance Business Credit Card offers outstanding value. The card's rewards program is strong, and it gives enhanced boarding, in-flight Wi-Fi credits, additional anniversary points, and a way to elite status—all for a relatively expensive annual fee.
Spending on local transit (including rideshares and commuting), social media, search engine advertising, internet, cable, and phone services, as well as on hotel and car rental partners earns you 3 points per dollar, while spending on Southwest products earns you 4 points per dollar. On every other purchase, you will earn 1 point for every $1.
Special incentive: After making $5,000 in purchases during the first three months of opening your account, you will get 80,000 points.
Paying $199 each year
The most loyal customers can receive 1,500 tier qualifying points for every $5,000 spent on this card, which simplifies the process of earning A-List status. However, there are a few negatives to consider as well. Additional travel benefits include a $500 credit to offset the expense of point transfers (a fantastic incentive to share with staff) and an expedited path to the much sought-after companion pass (just for holding the card). The card comes with a number of travel and shopping precautions, as well as an application fee credit for TSA PreCheck® or Global Entry.
However, Southwest's global reach is somewhat limited. Choosing an airline that either works on a global scale or has international partners might open up more international destinations for you to explore.
Business Credit Cards Summary
Each business credit cards comes with its own unique benefits and features designed to suits our varying individual financial/business cards. You should take time to read through each of them to enable you choosing the right business credit card for you.