5 Credit Cards Successful Business Owners Swear By

5 Credit Cards Successful Business Owners Swear By

0 Comment

Advertiser & Editorial Disclosure

A quick trip to the business section of your local bookstore will reveal that when someone succeeds in business, everyone wants to know their secret. Most of these books cover the management strategies and personal habits of business leaders, but you’re unlikely to find information about the best business credit cards there. Successful business owners will prefer to use the best credit cards in order to maximize their rewards and utilize the most valuable benefits.

Here are five of the most popular credit cards for business owners, and what makes them so special:

1. Ink Business Cash℠ Credit Card

Ink Business Cash℠ Credit Card

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

Chase’s no-annual-fee small business card starts off strong: Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening. as of October 10th 2017 Earn 5% cash back in select business categories..

New cardholders also receive 0% Intro APR on Purchases for 12 months as of February 19th 2018. There’s no annual fee for this card, but there is a foreign transaction fee of 3% of each transaction in U.S. dollars

2. The Blue Business℠ Plus Credit Card from American Express

The Blue Business℠ Plus Credit Card from American Express
American Express is a Nav Partner
Terms, Rates & Fees

The Blue Business℠ Plus Credit Card from American Express

Limited Time Offer. Earn 10,000 extra Membership Rewards® points after you spend $3,000 in eligible purchases on Learn More

This recently introduced card offers impressive rewards, valuable financing and no annual fee. Earn 2X points on everyday business for the first $50,000 in purchases per year, 1 point per dollar thereafter. Points are earned in the American Express Membership Rewards program, which can be redeemed for gift cards, merchandise, and travel reservations. Or, you can transfer your points to miles with 16 different airlines.

This card also features an introductory APR of 0% on purchases for 15 months, with a 3% balance transfer fee. There’s a $0 annual fee for this card, but be weary of the foreign transaction fee, which is  2.7% of each transaction after conversion to US dollars.

3. SimplyCash® Plus Business Credit Card from American Express

SimplyCash® Plus Business Credit Card from American Express
American Express is a Nav Partner
Terms, Rates & Fees

SimplyCash® Plus Business Credit Card from American Express

Special offer: save on interest with a 0% intro APR on purchases for 15 months; after that Learn More

Another popular American Express card for small businesses is its SimplyCash card. This card offers 5% cash back at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers. You also get 3% cash back on purchases from your choice of categories including U.S. gas stations, restaurants, airfare and hotel rooms. 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement. as of October 10th 2017

New cardholders also receive an introductory APR of 0% on purchases for 15 months, with a 3% balance transfer fee. There’s a $0 annual fee for this card, but it has a foreign transaction fee of 2.7% of each transaction after conversion to US dollars..

4. Capital One® Spark® Classic for Business

Capital One® Spark® Classic for Business

Enjoy no annual fee. Earn 1% cash back on every purchase, every day. Build business credit Learn More

Capital One is known for it’s “No Hassle” rewards program, and this business card delivers on that promise. It offers unlimited 1% cash back on all purchases with no minimum to redeem. And unlike many premium reward cards that require good or excellent credit, it’s available to small business owners with merely average credit. There’s no annual fee for this card, and no foreign transaction fees.

5. Capital One® Spark® Cash Select for Business

Capital One® Spark® Cash Select for Business

Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your Learn More

For small business owners with excellent credit, the Spark Cash Select features an even higher level of rewards. It offers 1.5% cash back on all purchases, with no limits. New cardholders can also receive a $200 cash bonus once they spend $3,000 on new purchases within three months of account opening. New customers also receive an introductory APR of 0% on purchases for 9 months. There’s no annual fee for this card, and no foreign transaction fees.

Rate This Article

This article currently has 1 rating with an average of 5 stars.

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.

Have at it! We'd love to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and protect yourself. Refrain from posting overtly promotional content, and avoid disclosing personal information such as bank account or phone numbers.

Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *