Top Ten Business Credit Cards: Card Comparison

_{December 10, 2023 by JoyAnswer.org, Category : Finance}

What are the top ten business credit cards? Explore a comparison of the top ten business credit cards available. This article provides insights into features, benefits, and suitability for various business needs.

What are the top ten business credit cards?

The top business credit cards can vary based on individual business needs, spending patterns, and preferences. Here are ten business credit cards that were well-regarded for various reasons, but keep in mind that the landscape of credit cards can change, and new offerings may have emerged since my last update. It's essential to check the latest features, benefits, and terms before choosing a business credit card. Here's a list of business credit cards that were often considered among the top:

Chase Ink Business Preferred:
- Highlights: Generous sign-up bonus, flexible rewards program, travel benefits.
American Express Business Platinum Card:
- Highlights: Premium travel benefits, airport lounge access, Membership Rewards program.
Capital One Spark Cash for Business:
- Highlights: Cash back rewards, simple rewards structure, no foreign transaction fees.
CitiBusiness/AAdvantage Platinum Select Mastercard:
- Highlights: Airline miles for American Airlines, travel benefits, and business-friendly perks.
American Express Blue Business Cash Card:
- Highlights: No annual fee, cash back rewards, and flexible spending limits.
U.S. Bank Business Platinum Card:
- Highlights: 0% introductory APR on purchases, no annual fee, and employee cards at no extra cost.
Wells Fargo Business Platinum Credit Card:
- Highlights: Competitive APR, no annual fee, and rewards program.
Ink Business Unlimited Credit Card:
- Highlights: Unlimited cash back, no annual fee, and a solid rewards program.
Bank of America Business Advantage Cash Rewards Mastercard:
- Highlights: Cash back rewards, no annual fee, and a flexible rewards program.
Discover it Business Credit Card:
- Highlights: Cash back rewards, no annual fee, and employee cards at no extra cost.

Before choosing a business credit card, consider factors such as your business spending habits, the types of rewards you prefer, annual fees, introductory APR offers, and additional benefits such as travel perks or insurance coverage. Additionally, check for any updates or new offerings that may have become available since my last update. It's advisable to review the terms and conditions of each card and compare them based on your business's specific needs.

What are the top ten business credit cards available?

Choosing the best business credit card depends on your specific needs and spending habits. Here's a breakdown of the top ten contenders as of October 26, 2023, based on various factors like rewards, benefits, and fees:

Top 5 Overall Business Credit Cards:

Capital One Spark Cash Plus: This card offers a flat 2% cash back on all purchases and a $500 welcome bonus after spending $5,000 in the first 3 months. It has no annual fee and provides excellent value for businesses with diverse spending categories.

Ink Business Preferred® Credit Card: This card offers 3x points on travel and select business categories, a $75 annual travel credit, and a 90,000-point welcome bonus after spending $15,000 on purchases in the first 3 months. It has an annual fee of $95, but its perks can outweigh the cost for frequent travelers.

Blue Business Plus® Credit Card: This card offers 2x points on the first $50,000 spent annually on two categories of your choice (like gas, dining, or hotels), a 0% intro APR on purchases for 12 months, and a 15,000-point welcome bonus after spending $3,000 in the first 3 months. It has an annual fee of $0 the first year, then $95.

American Express® Blue Business Cash™ Card: This card offers 2% cash back on all purchases, a welcome bonus of up to $300, and a statement credit of up to $50 per year on eligible wireless telephone purchases. It has an annual fee of $0.

Chase Ink Business Unlimited® Credit Card: This card offers 1.5% cash back on all purchases, a $750 welcome bonus after spending $7,500 on purchases in the first 3 months, and no annual fee.

Top 5 Business Credit Cards for Travel:

Capital One Venture Rewards: This card offers 2 miles per dollar on all purchases, a 75,000-mile welcome bonus after spending $4,000 on purchases in the first 3 months, and a $95 annual fee. Miles can be redeemed for a wide variety of travel options, making it a great choice for frequent travelers.

Chase Sapphire Preferred® Card: This card offers 2 points per dollar spent on travel and dining and a 60,000-point welcome bonus after spending $4,000 on purchases in the first 3 months. It has an annual fee of $95.

Ink Business Preferred® Credit Card: As mentioned earlier, this card offers 3x points on travel and select business categories, a $75 annual travel credit, and a 90,000-point welcome bonus.

Platinum Card® from American Express: This premium card offers a plethora of travel benefits, including airport lounge access, travel insurance, and statement credits for various travel-related purchases. It has an annual fee of $695.

Hilton Honors American Express Aspire Card: This card offers top-tier Hilton Honors status, resort credits, and a variety of airport lounge access options. It has an annual fee of $450.

Note: This list only provides a general overview. Consider your specific spending patterns, desired rewards, and budget when choosing the best business credit card for your needs.

Here are some additional resources to help you compare business credit cards:

NerdWallet: https://www.nerdwallet.com/best/credit-cards/small-business

Bankrate: https://www.bankrate.com/finance/credit-cards/reviews/business/

Forbes: https://www.forbes.com/advisor/credit-cards/best/business/

Remember, responsible credit card use is crucial for maintaining good credit health. Only apply for cards that offer benefits relevant to your needs and ensure you can manage the associated fees and minimum payments.