4 Credit Cards Construction Contractors Will Love

4 Credit Cards Construction Contractors Will Love

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Most contractors drive around a full-size pickup truck with hundreds of pounds, and often thousands of dollars of construction equipment. Yet one of their most important tools can be a few grams of plastic in their wallet. The right small business credit card can help contractors track expenses, finance materials and even earn valuable rewards.

If you’re business is contracting, then you probably won’t need many of the features often found on small business cards, including airport business lounge access and other travel perks. Instead, you’ll want to earn rewards for your spending and find an economical means to finance your jobs while you wait for payment.

Here are four small business credit cards that construction contractors will love:

1. Lowe’s Business Rewards Card from American Express

This small business card offers valuable discounts at Lowe’s home improvement stores, but also rewards from other purchases. First, you get 5% off of eligible purchases at Lowe’s stores and from Lowes.com and LowesForPros.com. In addition, you also earn 3x points at restaurants and office supply stores in the US, and on wireless telephone services purchased directly from US service providers. You also earn 2X points at Lowe’s and one point per dollar spent on all other purchases. Points can be redeemed for Lowe’s, Outdoor Rewards and American Express gift cards starting at $2,500 points. You also get Lowe’s ProServices with access to discounted delivery, bulk rate pricing and a business replenishment program.

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As with other American Express cards, you’ll receive expense management tools to help you track expenses and manage your account. There’s no annual fee for this card.

2. Ink Business Unlimited from Chase

Ink Business Unlimited℠ Credit Card

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account Learn More

This new card offers contractors the ability to Earn unlimited 1.5% cash back on every purchase.. In fact, you’ll receive your cash back as Ultimate Rewards points which can be redeemed for gift cards, merchandise, travel or cash back. Or, you can combine these points with other Chase accounts such as a Sapphire Reserve or Sapphire Preferred, which allow you to transfer your rewards to airline miles or hotel points.

New applicants can Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.. New applicants also receive 12 months of 0% APR financing on both new purchases and balance transfers, with a 5% balance transfer fee. There’s no annual fee for this card.

3. Capital One Spark Cash for Business

Capital One® Spark® Cash for Business

Earning unlimited 2% cash back could mean thousands of dollars each year going back into your Learn More

This card provides outstanding rewards to contractors who open new accounts and continues to offer strong value every year. New card holder can receive Earn up to $2,000: Earn a $500 cash bonus when you spend $5,000 in the first 3 months and $1,500 when you spend $50,000 in the first 6 months of opening your account. Limited Time Offer.. This card also features 2% Cash Back on every purchase, every day.. Capital One offers you free quarterly and year-end summaries to keep track of your expenses. There’s an annual fee of $0 intro for first year; $95 after that.

4. The Plum Card from American Express
The Plum Card® from American Express
American Express is a Nav Partner
Terms, Rates & Fees

The Plum Card® from American Express

Paying early pays off: Get a 1.5% discount when you pay early, with no cap on Learn More

This unique product offers contractors a choice of extending payment on their purchases, or paying early and earning cash back rewards. When you need to finance a job, you can take up to 60 days to pay your statement with no interest charges. Alternatively, 1.5% back as a statement credit when you pay within 10 days of your statement.. This card has no preset spending limit and comes with American Express’s full suite of expense management tools. There’s an annual fee of $0 introductory annual fee your first year, then $250..

Nav connects you to business financing offers that you are more likely to qualify for based on your business needs and credit — all without a hard credit pull. See my top options now.

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About the Author — Jason Steele is an expert in the credit card industry. He is frequently quoted in national media and his work is regularly featured by mainstream outlets such as Yahoo! Finance, MSN Money, and Business Insider.

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