When you are comparing business credit cards, there are many directions you can go. You can focus on earning the most valuable rewards, getting the best benefits or just finding a good card with no annual fee. But among each type of business credit card, there are some that provide tremendous value, and others that simply aren’t competitive.
No matter what kind of business credit card you’re looking for, you should consider these five cards that are among the best in the market.
1. The Business Platinum Card From American Express
This is the card you need to consider if you are a serious business traveler. The Business Platinum Card From American Express offers numerous premium travel benefits including access to three different airport lounge networks — Priority Pass Select, Delta SkyClubs and the American Express Centurion Lounges. You also receive Gold Status when you sign up for the Starwood Preferred Guest Program. Other perks include a $200 annual air travel fee credit, and a $100 credit towards the Global Entry application fee, which includes access to the TSA PreCheck program.
With this card, you earn five points per dollar spent on flights and prepaid hotels booked through amextravel.com, one point per dollar spent on most purchases, and an additional 50% points on charges of $5,000 or more (up to one million additional points per year), and two points per dollar spent purchasing travel from the American Express Travel website. Points are earned in the American Express Membership Rewards program, which offers transfers to miles with 17 different frequent flier programs (as of June 2017). There’s a annual fee for this card, and no foreign transaction fees.
2. Chase Ink Business Preferred
This new card is ideal for earning the most rewards for your frequent business purchases. It features three points per dollar spent on travel, shipping, Internet, cable and phone services, and on advertising bought from social media sites and search engines. The 3x rewards are limited to your first $150,000 spent in combined purchases each account anniversary year.
Points are earned in Chase’s Ultimate Rewards program, and can be redeemed for 1.25 cents each towards travel booked through Chase’s Ultimate Rewards website. Or points can be transferred to miles with seven different frequent flier programs or points with four different hotel programs. It also features a wide range of travel insurance and purchase protection policies. There’s a annual fee for this card, and no foreign transaction fees.
3. Spark Cash for Business From Capital One
If you are looking for a business credit card to earn plain old cash back, the Spark Cash card is hard to beat. It features unlimited 2% cash back on all purchases, with no minimum to redeem. Other benefits include free employee cards, quarterly and year-end summaries, and a purchase security policy that protects you against lost or stolen purchases. There’s an annual fee for this card of , and no foreign transaction fees.
4. US Bank Business Edge Platinum Card
When you need a business card that offers introductory financing, you should consider the US Bank Business Edge Platinum Card. It offers 12 months of 0% APR introductory financing on new purchases, followed by a variable APR of 10.49%-18.49%, based on your creditworthiness. There is no annual fee for this card and additional employee cards are free as well.
5. JetBlue Business Card From Barclaycard
JetBlue is a favorite of business travelers, and it’s business credit card is one of the best airline cards offered. It features 6x points on JetBlue purchases, 2x points at restaurants and office supply stores, and one point per dollar spent elsewhere. Benefits include a free checked bag, 10% of your redeemed points back, and a 50% savings on in-flight purchases. You can also earn TrueBlue Mosaic status after spending $50,000 or more on purchases within a year. There’s a $99 annual fee for this card, and no foreign transaction fees.
Most rewards credit cards require a good personal credit score in order to get approved (your business credit scores are important for other types of business financing, but aren’t likely to be considered for a business credit card application). Business cards will report to your personal credit scores (depending on the card issuer and its policy — you can see a nifty chart here). You can see where your personal and business credit scores stand for free on Nav.com.