Are you looking for new ways to maximize efficiency? A dedicated business credit card makes every purchase count. It simplifies your bookkeeping, builds your business credit, manages your employees’ expenses, and earns rewards. The best credit card for business turns everyday expenses into financial advantages for your company.
How Are Personal and Business Credit Cards Different?
Business credit cards cater to a company’s spending needs rather than an individual’s personal needs. For example, card providers usually offer rewards in business categories like office supplies or shipping. Business credit cards often have higher spending limits, integrations with accounting tools, better reporting features, and customized spending control for employee cards.
Which Rewards Are Useful?
Choosing the most useful reward depends on how your business spends money and what bonuses you value most. Low fees, predictable cash back, personalized category spending, flexible financing, and travel perks tend to work best for entrepreneurs.
Consider the following top business credit cards, each with different perks, to find a business credit card that pays you back—literally.
No Annual Fee: Chase Ink Business Unlimited®
The Chase Ink Business Unlimited® card has no annual fee and offers a 0% APR period for the first 12 months.1 With credit card fees ranging from $95 to $500 yearly, this perk can save you a fair bit of money.
You also get unlimited 1.5% cash back on all purchases and access to Chase’s online business tools. Chase Ink Business Unlimited® is a simple and effective option for small businesses monitoring their costs, start-ups getting their finances off the ground, and enterprises unsure of their credit needs.
Flat-Rate Cash Back: Capital One Spark Cash Plus
Flat-rate cash back offers predictability. This perk may be most useful if your business spends consistently and evenly across multiple areas.
The Capital One Spark Cash Plus is a cash back powerhouse compared to other cards that offer a flat rate, like the Chase Ink Business Unlimited®. Spark Cash Plus cards offer a flat 2% cash back on every purchase, with no pre-set spending limit.2
This option is a charge card, meaning you must pay off the full balance every month. The annual fee is $150, though you get that cost refunded when you spend $150,000 or more. Capital One’s Spark Cash Plus card offers predictable costs and rewards to businesses that want a straightforward credit card.
Flexible Financing: Cardiff Business Rewards Card
As a top merchant cash advance company, Cardiff rewards its cardholders with access to flexible financing in addition to the power to make everyday purchases. You can use the Cardiff Business Rewards Card to withdraw funds up to your approved limit and deposit them directly into your bank account.3 No need to apply for an additional loan when you have a Cardiff card.
This credit card also offers competitive perks like no annual fee, an exclusive rewards program that includes cash back, and travel benefits.4 But when you need working capital fast to secure vendor discounts or cover payroll, the Cardiff Business Reward Card delivers. It’s a no-nonsense card designed to meet the financial needs of growing businesses.
Personalized Category Spending: American Express® Business Gold Card
The Amex Business Gold Card uses a point system to offer incredible value for businesses with significant advertising, software, shipping, or travel expenses. Through this credit card, you automatically earn 4x Membership Rewards points on your top two spending categories each billing cycle.5
This dynamic rewards system adjusts to your spending, making it personal and flexible. You can redeem your points for flights, gift cards, statement credits, or online purchases on Amazon.6 Because its annual fee is $375, the Business Gold Card by American Express® is best for businesses with substantial monthly expenses who want to capitalize on their spending.
Travel Perks: American Express Business Platinum Card®
If you already spend a significant amount on travel for your business, using the Business Platinum Card from American Express will make your life easier. You’ll earn 5x points on flights and prepaid hotels booked through Amex Travel, 1.5x points on purchases over $5,000, and access to travel benefits like flight lounges and TSA PreCheck®.7
If you don’t travel or your spending is primarily local, the steep annual fee of $675 probably isn’t worth it. But for high-volume business travelers, the value of statement credits and rewards is hard to beat.
How Do You Choose the Right Card?
With so many options available, narrowing down your choices can feel overwhelming. However, the most useful business credit card matches your spending behavior, supports your business goals, and provides applicable rewards. Ask yourself:
- Do you need a low-cost credit card?
- Can you afford to pay the full balance monthly?
- Do you want predictable rewards?
- How much effort do you want to spend on earning rewards?
- How much do you spend per month?
- How is your spending divided between categories?
- Do you spend money on business travel every month?
- Will you use travel benefits?
- Do you need fast working capital loans to smooth operations or fund growth?
By aligning your company’s needs with a card’s structure, you’ll avoid wasting time on unnecessary benefits or fees while earning rewards suited to your business needs.
1https://creditcards.chase.com/business-credit-cards/ink/unlimited?iCELL=61FY
2https://www.capitalone.com/small-business/credit-cards/spark-cash-plus/
3https://cardiff.co/business-loans/products/business-cards/
4https://cardiff.co/business-loans/products/business-cards/
5https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/american-express-business-gold-card-amex/
6https://www.americanexpress.com/en-us/benefits/rewards/membership-rewards/
7https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/american-express-business-platinum-credit-card-amex/