For a small business, using a credit card can be useful with a big credit line to pay for purchases. It will save the owner time and money along with rewards for using a business credit card. Business credit cards can provide a temporary cash advance when in need of quick cash. More importantly, it simplifies your tax records from your personal and business purchases. American Express provide you with a year-end summary of your charges, separated into categories for tax purposes. Hence, this makes filing your tax return easier. For all small businesses, they need to plan ahead to deal with sudden costs. Business credit cards provide that flexibility with access to credit lines. Therefore, it can be a lifesaver and instrumental to running a successful business. From the list below, we provide you with the credit cards for small businesses along with rewards, annual fee(if any), and all the features.
How to get a Business Credit Card
You may not know this, but if you ever sell something on eBay or Craigslist, even had a garage sale, your business is called sole proprietorship which then allowed you to apply for a business card using your legal name as your business id and social security number as your tax id. This is the easiest business entity and completely legal recognized by the IRS.
|Featured Business Credit Card Bonuses|
|Business Platinum Card® from American Express OPEN offers 40,000 Membership Rewards® points after you spend $5,000 in the first three months of Card membership. You'll also get benefits including up to $200 in statement credits per calendar year on a selected airline for incidentals such as baggage fees, lounge day passes, and more for an annual fee of $450. It features a rewards program with award-winning features designed to help your business excel. Every time you use your charge card, you can earn valuable rewards that can be redeemed to help offset business expenses. You earn 1X points for every dollar you spend on on eligible purchases and 2X points for every dollar you spend with American Express Travel on eligible purchases. Enjoy premium benefits include world-class platinum service, travel benefits, rewards that can help reduce expenses and access to one-of-a-kind events. Apply Now---Amex Business Platinum Review|
| Chase Ink Plus® Business Card offers 60,000 bonus points after you spend $5,000 in the first 3 months from account opening- that's $750 towards travel rewards. With Ink Plus, you have the cash flow flexibility with the choice to pay over time or pay in full. Cardholders earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores, and on cellular phone, landline, internet, and cable TV services. They will also earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and for hotel accommodations when purchased directly with the hotel each account anniversary year. There are no foreign transaction fees and the employee cards are free. Chase has a 1:1 point transfer to participating travel programs with no transfer fees. Furthermore, you get 20% off travel redemption when booked through Ultimate Rewards. There is a $95 annual fee.
If you have a side business such as selling on eBay, Craigslist, or do freelance work, then your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID. Apply Now---Ink Plus Review
|U.S. Bank FlexPerks Business Travel Rewards Visa® card offers 20,000 FlexPoints ($400 value) when you spend $3,500 or more in the first 150 days of card ownership. This card allows you to enjoy travel rewards on more than 150 airlines with faster earning, more award seat availability and expanded reward choices. If you are a business owner and frequent traveler, take advantage of this card in order to gain the best returns from your spending. Redeem FlexPoints for purchases on travel, gas, and office supplies. There is a $0 annual fee for the first year, then $55. Apply Now---Full Review|
|CitiBusiness®/ AAdvantage® World MasterCard® offers 30,000 American Airline AAdvantage® bonus miles after making $1,000 in purchases in the first 3 months of cardmembership. You'll earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases, certain office supply, telecommunications and car rental merchants, and 1 AAdvantage® mile per $1 spent on other purchases. The annual fee of $95 is waived for the first 12 months. This credit card is a great choice for business owners or frequent fliers who would like to earn free flights on American Airlines. Some additional perks include having your first checked bag free and priority boarding on American Airlines flights. To make things even easier for business owners, the quarterly and annual account summaries are broken down by employee and purchase category so you can see where money is being spent. Apply Now---CitiBusiness AAdvantage Review|
|SimplyCash® Business Card from American Express offers a $250 statement credit after you spend $5,000 on qualifying purchases on the Card within the first 6 months of Card Membership. To be eligible for this offer, your application must be received by April 27, 2016. The card automatically crediting cashback for business expenses and offering discounts with participating merchants. New cardholders earn 5% cash back at U.S. office supply stores, 5% cash back on services from U.S. wireless telephone service providers, 3% cash back on the category of your choice (gas stations, restaurants, airfare from airlines, etc), and 1% cash back on other eligible purchases. The 5% and 3% rebates apply to purchases up to $25,000 per rebate year, then 1% thereafter. Apply Now---Amex SimplyCash Review|
|Business Gold Rewards Card from American Express OPEN offers 25,000 Membership Rewards® points after you spend $5,000 in purchases within the first 3 months following approval of your new Card account. You'll also enjoy 3X points (choose 1 out of 5 categories), 2X points on the 4 remaining categories, and 1X points on other purchases. Because of its many privileges, the Business Gold Rewards Card is considered to be the gold standard and targeted at business owners with excellent credit. Card holders can use points to entertain clients, reward employees, reduce travel costs, or just offset the everyday expenses of moving your business forward. There is a $0 introductory annual fee for the first year, then $175. Apply Now---Business Gold Rewards Review|
|Chase Ink Cash® Business Card offers $200 cash back after you spend $3,000 in the first 3 months from account opening – one of the largest amounts ever offered for a business credit card. You'll receive 5% cash back on the first $25,000 spent in combined purchases at office supply stores, and on cellular phone, landline, internet, and cable TV services. The card also gives 2% cash rebate on the first $25,000 spent in combined purchases on gas and dining expenses, and 1% rebate on all other things. There is a 0% introductory APR for 12 months on purchases and balance transfers. I personally prefer Ink Cash Business Card to the other Ink cards because you get cash back, generous cash rebates, and no annual fee for a business card!
If you have a side business such as selling on eBay, Craigslist, or do freelance work, then your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID. Apply Now---Chase Ink Cash Business Review
|Business Green Rewards Card from American Express offers 5,000 bonus Membership Rewards points after you make your first purchase. It is a charge card, which must be paid in full each month, hence there is no pre-set spending limit or finance charges. With the purchasing power that evolves with your business, you can cover more expenses while earning points that you can use to reinvest in your business. Card members are enrolled in Membership Rewards with points that can use to pay for travel, business expenses, Amazon.com purchases, and more. There is also a $0 introductory annual fee for the first year, then $95 for a full range of rewards and membership benefits. Apply Now---Business Green Rewards Review|
Chase Total Checking® + Chase Savings®: Earn a $150 bonus when you open a CHASE TOTAL CHECKING® account and set up direct deposit. Also earn a $100 bonus when you open a Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 business days & maintain a $10,000 balance for 90 days. Learn More---Chase Review
Chase Premier Plus CheckingSM: Get $300 when you open a new CHASE PREMIER PLUS CHECKINGSM account and set up direct deposit. Access 15,500 Chase ATMs and 5,300 branches. Earns interest. No Chase fee on first four non-Chase ATM transactions. Apply Now---Chase Review