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 will 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 best credit cards for small businesses along with rewards, annual fee(if any), and best features.
| Credit Card | Features | Annual Fee | Review |
|---|---|---|---|
Amex SimplyCash | -Get 1% cash back on virtually all purchases -Get 3% cash back on automobile gasoline, and 5% back on wireless services and office supplies.  | None | Review |
Chase Ink Classic | -25,000 Bonus Points after $5K in purchases -Earn 5x Points on office supplies, wireless services, landline and cable services | None | Review |
Starwood Biz | -10,000 Starpoints after first purchase -Up to 5 Points for every $1 spent -Insurance coverage protection when you travel | 1st Year Free | Review |
How to get a Business Credit Card
You may not know this, but if you ever sell something on eBay or Craiglist, 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.
Related posts:
{ 1 comment… read it below or add one }
What about the new Capital One Business No Hassle Cash Premier with unlimited 2% cash back?