Chase Ink Business Unlimited® Credit Card, Chase Ink Business Cash Credit Card, Chase Ink Business Preferred Credit Card, Chase Ink Business Premier Credit Card, supports small business owners in tracking their spending and offering them great cashback option of their everyday business expenses such as unlimited rewards for businesses, or cashback on Office supplies.
Top 9 Chase Credit Cards for Business Expenses [2025]
| S. N. | Name of Chase Credit Cards for Business Expenses | Best Known & Value for |
|---|---|---|
| 1 | Chase Ink Business Unlimited® Credit Card | Best Known for flat 1.5% cash back on all purchases with no annual fee |
| 2 | Chase Ink Business Cash Credit Card | Best Known for high cash back on office supplies, internet, cable, and dining |
| 3 | Chase Ink Business Preferred Credit Card | Best Known for travel rewards and 3X points on business expenses |
| 4 | Chase Ink Business Premier Credit Card | Best Known for large business purchases with 2.5% cash back on transactions over $5,000 |
| 5 | Southwest Rapid Rewards® Premier Business Credit Card | Best Known for Southwest Airlines perks and earning Rapid Rewards® points |
| 6 | UnitedSM Business Card | Best Known for United Airlines travel benefits and earning MileagePlus® points |
| 7 | United ClubSM Business Card | Best Known for United Club lounge access and premium travel perks |
| 8 | IHG One Rewards Premier Business Credit Card | Best Known for IHG hotel rewards and complimentary Platinum Elite status |
| 9 | World of Hyatt Business Credit Card | Best Known for Hyatt hotel stays and earning extra points on business purchases |
Best Chase Credit Cards for Business Expenses March 2025
When it comes to managing business expenses efficiently, Chase offers a range of credit cards tailored to different spending needs. Whether you prioritize cashback, travel perks, or rewards on business purchases, there’s a Chase business credit card for you.
Below is an overview of the best Chase credit cards for business expenses in March 2025:
1. Chase Ink Business Unlimited Credit Card
The Chase Ink Business Unlimited® Card offers a solid return on purchases, though its bonus categories are probably best suited for those who have physical offices.
Business Cashback
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – 0% for 12 months
- Regular APR – 17.49% – 23.49%
- Sign In Bonus – $750 cash back after $6,000 spent in 3 months
- Balance Transfer – 17.49% – 23.49%
- Best For – Small business owners
The Chase Ink Business Unlimited® Card, issued by Chase, provides unlimited 1.5% cash back on all business purchases with no annual fee. It benefits businesses by offering a simple, flat-rate cash back on all expenses.
This card has no annual fee and offers employee cards at no additional cost. It provides a credit limit based on your business needs and requires a good credit score. The referral program allows you to earn rewards by referring others.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| No annual fee | 1.5% unlimited cashback on all business purchases | 3% foreign transaction fee on each transaction in U.S. dollars. |
| Simple unlimited rewards for businesses | No category restrictions | The cashback rewards are redeemable at any time. |
| Lost luggage reimbursement | – | The cashback rewards don’t expire as long as your account is open. |
| Primary car rental insurance when renting for business | – | – |
| Extended warranty | – | – |
| Purchase protection | – | – |
| Travel accident insurance | – | – |
Pros & Cons:
Pros
- The introductory APR on new purchases helps meet the spending requirement without interest for the first 12 months.
- The card has no annual fee, making it a great choice for small-budget business owners who limit their spending.
- Its welcome offer is valuable for a no-annual-fee card.
Cons
- The spending requirement for the welcome offer could be high for those with limited budgets.
- The flat-rate rewards program may not maximize rewards in common categories,
- It lacks an introductory APR for balance transfers, making it less suitable for debt management.
Expert Advice
The Chase Ink Business Unlimited® Credit Card is a top choice for businesses offering 1.5% cashback on every purchase. It is perfect for everyday business expenses without category restrictions. Its no annual fee and solid rewards structure make it a cost-effective option for business owners looking to simplify expense management.
2. Chase Ink Business Cash Credit Card
The Chase Ink Business Cash Card offers cashback on office supplies. With 5% cashback on the first $25,000 spent in select categories like office supplies and internet, it’s ideal for companies with recurring business expenses.
High Cashback for Business Expenses
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – 0% for 12 months
- Regular APR – 17.49%–25.49%
- Sign In Bonus – $750 cash back after $6,000 spent in 3 months
- Balance Transfer – 17.49% – 25.49%
- Best For – Small business owners
The Chase Ink Business Cash® Card is issued by Chase and offers 5% cash back on office supplies and select utilities, with no annual fee. It benefits small businesses by maximizing rewards on everyday expenses.
The card has no annual fee and offers employee cards at no additional cost. It provides a credit limit based on your business needs and requires a good credit score. The referral program allows you to earn rewards by referring others.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| No annual fee | 5% cashback on office supplies & internet/phone services | 3% foreign transaction fee on each transaction in U.S. dollars. |
| Business cashback | 2% cashback at gas stations & dining | Balance transfers and cash advances fee – Either $5 or 5% of the amount of each transfer, whichever is greater. |
| Cashback on Office supplies | Cardholders can redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®. | The cashback rewards are redeemable at any time. |
| Primary car rental insurance when renting for business | – | The cashback rewards don’t expire as long as your account is open. |
| Baggage delay insurance | – | – |
| Purchase protection | – | – |
Pros & Cons:
Pros
- Cardholders can earn up to 5% cash back and get a large introductory bonus.
- The card charges a $0 annual fee.
- New cardholders get a 0% Intro APR on Purchases for 12 months.
Cons
- The card charges a potentially high APR.
- The card has a cap on bonus rewards rates.
- The card offers a low base rewards rate.
Expert Advice
The Chase Ink Business Cash® Credit Card is an excellent choice for businesses looking to maximize cashback on everyday purchases. Its no annual fee and strong reward structure make it a top pick for budget-conscious businesses. If you can take advantage of its benefits, it can lead to significant savings. However, if your company’s everyday expenses do not align with these bonus categories, you’ll only earn a standard 1% cash back on most purchases.
3. Chase Ink Business Preferred Credit Card
The Chase Ink Business Preferred offers one of the best sign-up bonuses for a business credit card. The card has a $95 annual fee, making it very attainable for most. It also offers various business tools, including account insights, bookkeeping integration and account alerts.
Travel Rewards on Everyday Business Expenses
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – N/A
- Regular APR – 20.24%–26.24%
- Sign In Bonus – 90,000 points after $8,000 spent in 3 months
- Balance Transfer – 20.24%–26.24%
- Best For – Small Business Owners Frequent Travelers
The Chase Ink Business Preferred® Card is designed for business owners. Issued by Chase, it offers generous rewards on business expenses and helps manage expenses efficiently. It provides flexibility in earning rewards.
The card has an annual fee of $95 and offers 3X points on travel and select business categories. The credit limit varies, and a good credit score is required. It also includes a referral program and travel insurance.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Business Rewards | 3x points on travel, shipping, internet, phone services | Foreign transaction fee is None |
| Travel Benefits | 1x points on all other purchases | Flexibility to transfer points to airline and hotel programs. |
| Employee Spending | – | – |
Pros & Cons:
Pros
- Cardholders can Earn 3x points on travel, shipping, internet, advertising, and telecom purchases.
- The card offers Travel Perks & Protections which includes trip cancellation insurance, rental car coverage, and no foreign transaction fees.
- Businesses get employee Cards at No Extra Cost.
Cons
- The card has an $95 annual fee, which may not be ideal for small businesses with minimal expenses.
- There is a high spending requirement to qualify for the bonus.
- The card lacks an introductory 0% APR period, making it less appealing for businesses needing interest-free financing.
Expert Advice
The Chase Ink Business Preferred is an excellent choice for small business owners who want to save money on travel, as well as those who want to earn the card’s amazing sign-up bonus.
4. Chase Ink Business Premier Credit Card
The Chase Ink Business Premier® Credit Card benefits businesses from its 2.5% cashback on large purchases. Its substantial credit limit and premium travel protections make it a strong choice for companies with significant expenses.
Cashback on Large Business Purchases
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – N/A
- Regular APR – 21.24% – 29.24%
- Sign In Bonus – Earn $1,000 bonus after $10,000 spent in 3 months
- Balance Transfer – N/A
- Best For – Small Business, High Spenders
The Chase Ink Business Premier® Credit Card is designed for businesses with high expenditures, offering unlimited 2% cash back on all purchases and 2.5% on purchases over $5,000. It is a great option for businesses making large transactions and wanting simple, high-value rewards.
The annual fee is $195, and the required credit score is good to excellent. This card offers high credit limits, free employee cards, purchase protection, and trip cancellation insurance. Chase does not currently offer a referral program for this card.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Business Rewards | 2.5% cashback on large purchases of $5,000+. | Cash advances fee = Either $15 or 5% of the amount of each transaction, whichever is greater. |
| Large Purchases | 2% on all business expenses. | Earn 5% cash back on Lyft rides through March 2025. |
| Cash Back | – | – |
Pros & Cons:
Pros
- The business gets the employee cards at no additional cost.
- Businesses can earn High Cashback on Large Purchases.
- The card is designed for businesses with high spending needs, offering a substantial credit limit.
Cons
- The card charges a $195 Annual Fee, which is higher than that of other Chase Ink business cards.
- Unlike other Chase Ink cards, it does not allow Ultimate Rewards® points to be transferred to travel partners.
- The card lacks an introductory interest-free period, which is a drawback for businesses needing financing flexibility.
Expert Advice
The Chase Ink Business Premier® Credit Card is a great option for businesses that have high spending requirements. It offers 2.5% cashback on purchases of $5,000 or more, and 2% cashback on all other expenses. While this card provides excellent rewards and premium protections, its $195 annual fee and the absence of point transfer options might not be suitable for every business.
5. Southwest Rapid Rewards® Premier Business Credit Card
The Southwest Rapid Rewards® Premier Business Credit Card is ideal for business owners who fly frequently with Southwest Airlines. It offers 3X points on Southwest purchases, 2X points on select business categories, and includes 6,000 anniversary points each year.
Frequent Southwest Airlines Travelers
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Excellent
- Intro APR – 0%
- Regular APR – 20.49%–27.49%
- Sign In Bonus – 60,000 points after you spend $3,000 on purchases in the first 3 months
- Balance Transfer – 20.49%–27.49%
- Best For – Business Owners
This Chase-issued card offers 3x points on Southwest purchases and 2x on transit, dining, and business categories. It’s a great fit for business owners who frequently travel with Southwest.
The annual fee is $99, requiring a good credit score (700+). It includes a 6,000-point anniversary bonus, no foreign transaction fees, and tier-qualifying points toward A-List status for loyal travelers.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Travel rewards | 3x points on southwest purchases | 2 EarlyBird Check-In® each year |
| Business Expenses | 1x points on all other purchases | 25% back on inflight purchases |
| Travel & purchase coverage | 6,000 anniversary points each year | Unlimited tier qualifying points (TQPs) |
| – | $500 Fee credit for points transfers | – |
Pros & Cons:
Pros
- Get two Southwest EarlyBird Check-Ins per year.
- Earn a 60,000-point bonus after you spend $3,000 on purchases.
- Earn three points per dollar on Southwest Airlines purchases.
Cons
- Lacks bonus rewards for non-Southwest purchases.
- You can’t get a 0% introductory APR on purchases or balance transfers.
- There’s a $99 annual fee.
Expert Advice
The Southwest Rapid Rewards® Premier Business Credit Card is ideal for frequent Southwest Airlines travelers. It offers 3X points on Southwest purchases and 2X points on travel, dining, and social media ads. With a $99 annual fee, a 6,000-point anniversary bonus, and no foreign transaction fees, it’s a cost-effective option. Plus, it helps earn Tier Qualifying Points (TQPs) toward A-List status for loyal customers.
6. UnitedSM Business Card
The United℠ Business Card is a travel rewards credit card for business owners who frequently fly with United Airlines. It offers benefits like free checked bags, priority boarding, and 2x miles on United purchases, dining, and gas.
Airline Rewards
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – 0%
- Regular APR – 20.99% – 27.99%
- Sign In Bonus – 100,000 bonus points after you spent $5000 on purchases in the first 3 months
- Balance Transfer – 20.99% – 27.99%
- Best For – Business Owners
- Frequent flyers
Issued by Chase, this Southwest business card is ideal for frequent flyers, offering 4x points on Southwest purchases and 3x on select business expenses. Cardholders also get Wi-Fi credits and upgraded boarding perks.
The annual fee is $99, with a good to excellent credit score (700+). It includes a 5,000-point anniversary bonus, TSA PreCheck/Global Entry reimbursement, and no foreign transaction fees.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Business Travelers | 3x total miles on hotel stays booked through United Hotels | 1 free checked bag |
| Travel Rewards | 2x points on eligible united purchases | Offers priority boarding |
| Business expenses | $100 united annual travel credit | Earn Premier Qualifying Points ((PQP) |
| – | 7x total miles on United flights | 5,000 better-together anniversary bonus miles |
| – | 2x miles at gas station, office supply stores, local transit | 2 United Club one-time passes per year |
| – | 1x mile on all other purchases | – |
Pros & Cons:
Pros
- The Card lets you earn bonus miles on United purchases, dining , gas, office supplies, and more.
- United travel credit after certain qualifying purchases each year
- Employee cards at no additional cost.
Cons
- Redemption options are mainly with United and its partners.
- Transferable points may be more beneficial than United miles.
- Other United cards offer better earning rates on some purchases.
Expert Advice
The UnitedSM Business Card is an excellent choice for frequent business travelers who want to earn miles. It provides 2x miles on United purchases and 1.5x miles on other business expenses, and there is no annual fee for the first year. Cardholders also enjoy benefits such as priority boarding and free checked bags on United flights.
7. United ClubSM Business Card
The United Club℠ Business Card is a premium credit card for frequent United Airlines travelers. It offers United Club lounge access, free checked baggage, priority boarding, and 2x miles on United purchases. With a high annual fee, it is ideal for business owners who fly frequently with United and seek luxury travel perks.
Frequent United Airlines Travelers
- Issuer – Chase Bank
- Payment Gateway – Visa , Mastercard
- Credit Score – Excellent
- Intro APR – N/A
- Regular APR – 20.99%–27.99%
- Sign In Bonus – 75,000 bonus miles + 1000 premier qualifying points ( PQP)
- Balance Transfer – 20.99%–27.99%
- Best For – Business Owners
Issued by Chase, this premium business travel card is designed for frequent United Airlines travelers. It offers United Club lounge access, priority boarding, free checked bags, and 2x miles on United purchases, making it a top choice for business travelers.
The annual fee is $450, requiring a good to excellent credit score (700+). The card offers no preset spending limit, employee cards at no additional cost, and enhanced travel insurance benefits.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Travel reward | 2x Miles on United Purchases | Free first and second checked bags |
| Lounge access | 1.5x Miles on other purchases | Premier Access® travel services |
| Enjoy United ClubSM membership – up to a $650 value per year | – | Employee cards at no additional cost |
| 2 free checked bags | – | – |
Pros & Cons:
Pros
- Premier Travel Perks which includes priority boarding, free first and second checked bags.
- Provides complimentary access to United Club lounges.
- Earns 2X miles on United purchases and eligible business expenses.
Cons
- Miles are best used for United and Star Alliance flights, offering fewer flexible redemption options.
- Earns 2X miles on United purchases and eligible business expenses
- Unlike some business cards, it doesn’t provide a 0% intro APR period for purchases or balance transfers.
Expert Advice
The United Club℠ Business Card is ideal for frequent United Airlines travelers, offering lounge access, free checked bags, and priority boarding. It earns 2x miles on United purchases and 1.5x miles on other spending. With a $450 annual fee, it includes travel protections, purchase coverage, and no foreign transaction fees.
8. IHG One Rewards Premier Business Credit Card
The IHG One Rewards Premier Business Credit Card is perfect for frequent IHG guests, offering automatic Platinum Elite status and up to 26X points at IHG hotels. Cardholders also receive a Free Night Award annually and enjoy a fourth night free on reward stays.
Travel Rewards
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Excellent
- Intro APR – N/A
- Regular APR – 19.99%–28.49%
- Sign In Bonus – Earn 140,000 bonus points
- After spending $4,000 in the first 3 months
- Balance Transfer – 19.99%–28.49%
- Best For – Frequent IHG hotel guests
Issued by Chase, the IHG One Rewards Premier Credit Card is perfect for frequent IHG hotel guests. It offers up to 26 points per dollar on IHG purchases, along with valuable travel perks. It also provides complimentary IHG Platinum Elite status, enhancing the travel experience with room upgrades and late checkouts.
The card has a $99 annual fee and requires good to excellent credit. It offers an annual free night certificate and a sign-up bonus of up to 140,000 points. Additional benefits include Global Entry/TSA PreCheck fee reimbursement and no foreign transaction fees, making it an excellent choice for travelers.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Hotel rewards | Up to 26X total points per $1 spent when you stay at IHG Hotels and Resorts | Hyatt Leverage membership |
| Travel perks | 5X points per $1 spent on travel, dining, and at gas stations | Employee cards at no additional cost |
| – | 3X points per $1 spent on all other purchases | Travel and Emergency Assistance |
| – | – | Auto Rental Coverage |
Pros & Cons:
Pros
- Earn up to 26x points on IHG hotel stays.
- Get a free anniversary night (worth up to 40,000 points) every year
- Enjoy automatic IHG Platinum Elite status.
Cons
- Comes with a $99 annual fee, which may not be ideal for businesses that don’t frequently stay at IHG hotels.
- Rewards are primarily useful for IHG hotels, with limited options for non-hotel redemptions.
- Free nights at premium IHG properties may require a significant number of points, limiting redemption value.
Expert Advice
The IHG One Rewards Premier Business Credit Card is an excellent choice for frequent business travelers who prefer staying at IHG hotels. It offers Platinum Elite status, a free anniversary night, and 10X points on IHG stays, all for an annual fee of $99.
9. World of Hyatt Business Credit Card
The World of Hyatt Business Credit Card is great for frequent Hyatt travelers. It offers automatic Discoverist status, earns 4X points on Hyatt stays, and bonus points on business expenses. Plus, after spending $50,000 each year, you get an annual free night, adding valuable perks.
Travel Rewards
- Issuer – Chase Bank
- Payment Gateway – Visa
- Credit Score – Good – Excellent
- Intro APR – N/A
- Regular APR – 15.99% – 22.99%
- Sign In Bonus – 60,000 points
- Balance Transfer – 15.99% – 22.99%
- Best For – Small business owners who visit frequent Hyatt properties
This Chase-issued card is designed for small business owners who frequent Hyatt properties. It offers 9x points at Hyatt hotels, 2x points on travel, dining, and business expenses, plus automatic Discoverist status for elite perks.
The annual fee is $199, and it requires a good credit score (700+). It includes free night awards, a generous referral program, and 10% back on redeemed points when spending $50,000 annually.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Travel rewards | 9x points at Hyatt | Unlock a faster way to elite status and Milestone Rewards |
| Points on Business spend | 2x points on travel, dining and business categories | Hyatt Leverage membership |
| – | Up to 9 total Points per $1 spent at Hyatt Hotels. | Employee cards at no additional cost. |
Pros & Cons:
Pros
- Comes with Discoverist status, plus the ability to earn elite night credits for higher status tiers.
- Earn 9X points at Hyatt hotels (4X from the card + 5X as a World of Hyatt member).
- Earn a free night stay every year after spending $50,000, which can offset the annual fee.
Cons
- Points are most valuable at Hyatt hotels, offering limited flexibility for other redemptions.
- Doesn’t include a 0% intro APR for purchases or balance transfers, which some business cards offer.
- While lower than premium travel cards, it’s still a cost to consider.
Expert Advice
The World of Hyatt Business Credit Card is a strong choice for business owners who frequently stay at Hyatt hotels. It offers automatic Discoverist status, providing benefits like late checkout, premium internet, and room upgrades. However, the $199 annual fee could be a drawback for occasional Hyatt guests.
Table of Comparison
| Name of the Card | Payment Gateway | Best For | Credit Score | Annual Fee | Annual Percentage Rate | Balance Transfer | Sign in Bonus | Decision Criteria |
|---|---|---|---|---|---|---|---|---|
| Chase Ink Business Unlimited® Credit Card | Visa | Small business owners | Good – Excellent | $0 | 17.49% – 23.49% | 17.49% – 23.49% | $750 cash back after $6,000 spent in 3 months | Ideal for those small to medium-sized businesses with diverse spending needs. |
| Chase Ink Business Cash Credit Card | Visa | Budget -conscious businesses | Good – Excellent | $0 | 17.49% – 23.49% | 17.49% – 23.49% | $750 cash back after $6,000 spent in 3 months | Ideal for those who want to maximize cashback on everyday purchases. |
| Chase Ink Business Preferred Credit Card | Visa | Small business owners, Frequent Travelers | Good – Excellent | $95 | 20.24%-26.24% | 20.24%-26.24% | 90,000 points after $8,000 spent in 3 months | Ideal for those small businesses that want to earn travel rewards on business purchases. |
| Chase Ink Business Premier Credit Card | Visa | High spending businesses | Good – Excellent | $195 | 18.49% – 26.49% | N/A | Earn $1,000 bonus cash back after $10,000 spent in 3 months | Ideal for those businesses with sizable expenses ( ranging from thousands or tens of thousands of dollar |
| Southwest Rapid Rewards® Premier Business Credit Card | Visa | Business Owners | Excellent | $99 | 20.49% – 27.99% | 20.99% – 27.99% | 60,000 points after you spend $3,000 on purchases in the first 3 months | Ideal for those businesses that want to earn travel rewards on business purchases. |
| UnitedSM Business Card | Visa | Business OwnersFrequent flyers | Good – Excellent | $99 | 20.99% – 27.99% | 20.99% – 27.99% | 100,000 bonus points after you spent $5000 on purchases in the first 3 months | Ideal for business owners who are frequent flyers |
| United ClubSM Business Card | Visa | Business OwnersFrequent flyers | Good – Excellent | $450 | 20.99% – 27.99% | 20.99% – 27.99% | 75,000 bonus miles + 1000 premier qualifying points ( PQP) | Ideal for business owners who are frequent United Airlines travelers |
| IHG One Rewards Premier Business Credit Card | Visa | Business Owners | Excellent | $99 | 19.99%–28.49% | 19.99%–28.49% | Earn 140,000 bonus pointsAfter spending $4,000 in the first 3 months | Ideal for business owners who are frequent IHG hotel guests |
| World of Hyatt Business Credit Card | Visa | Small business owners who visit frequent Hyatt properties | Good – Excellent | $199 | 19.99%–28.49% | 19.99%–28.49% | Earn 60,000 Bonus Points + 1 Free Night | Ideal for business owners who are frequent Hyatt visitors |
Methodology
When selecting Chase credit cards for business expenses, consider a card that:
- Contributes to effective financial management.
- Maximizes rewards.
- Provides long-term value to business needs.
- Ensures seamless expense tracking.
- Offers valuable rewards.
- Includes comprehensive security features.
The ideal approach includes:
- Cards with high cashback.
- Travel perks.
- Low interest rates.
- Effective expenditure management while earning lasting rewards.
Recommended Chase business credit cards:
- Chase Ink Business Cash® Credit Card
- Offers 5% cash back on selected categories.
- Chase Ink Business Preferred® Credit Card
- Provides high-value points on travel, advertising, and other business-related purchases.
- Chase Ink Business Unlimited® Credit Card
- Ideal for businesses seeking simplicity.
- Offers 1.5% cashback on all purchases.
Why Do Businesses Need Credit Cards for Expenses?
Separation of Business and Personal Finance
Keeping business and personal finances separate is vital for the accuracy of bookkeeping and financial management. A business credit card consolidates all these records, making it easier to trace expenses, file taxes, and prepare financial statements.
Rewards, Cashback, and Travel Perks
Many business credit cards offer rewards programs tailored to common business expenses. These include cashback on office supplies, fuel, and advertising costs or travel rewards that benefit businesses with frequent travel needs.
Expense Tracking and Budgeting Tools
Business credit cards come with a built-in expense tracking and reporting option, which helps the business track expenditures in real-time. Many issuers, therefore, give their customers such a detailed monthly statement, i.e., broken down into categories like fuel, cards, and other commonly categorized expenses.
Employee Expense Management
Companies are able to offer their employees cards with preset limits, thus giving them better control over their spending. Some cards allow for detailed tracking combined with the ability to set restrictions on where and how the card is used, thus limiting the chances of misuse.
Building Business Credit
Using a business credit card responsibly builds up a company credit profile, which is necessary for getting financing in the future. All businesses need one strong business credit score to get better loan terms, better interest rates, and better borrowing capacity. This is how lenders and suppliers evaluate the creditworthiness of a business before extending credit or payment terms.
International and Online Transactions
Business credit cards serve as the most seamless way to effect payments across different countries or to pay for online purchases. Most of them lower the foreign transaction fees or even waive them, thus making any international payments more cost-effective.
Does Chase Offer Credit Cards for Business Expenses?
Chase has a lot of cards that are particularly designed for business spending, such as cash and travel rewards, along with flexible redemption options. Some of the widely used options are the Chase Ink Business Cash® Credit Card, which is on the higher side for cashback related to office supplies as well as internet services, and the Chase Ink Business Preferred® Credit Card, as it provides good travel rewards and bonuses on advertising expenses.
These cards also come with expense tracking tools, employee card options, and fraud protection, making the card perfect for businesses looking to simplify their financial management and maximize rewards for everyday expenses.
Choosing the Best Chase Credit Cards for Business Expenses
Some have no annual fees, while others charge but offer bigger benefits in return.
A business credit card usually comes with a higher credit limit, which helps in big purchases.
Some Chase cards offer cashback for everyday business expenses, and others offer rewards for travel.
Most Chase business cards come with free additional employee cards, which help to track spending easily.
These tools assist organizations in tracking their expenses, and business cards also play a role in preventing fraud.
It is always advised to check the terms related to interest rates, fees, and benefits from a card before acquiring it since it minimizes costs.
Advantages of Chase Credit Cards for Business Expenses
| High Cashback and Rewards | You can earn cashback or travel rewards on business expenses, including office supplies, the Internet, and advertising. |
| Flexible Redemption | Rewards can be redeemed for travel, credited to statements, and purchased for gift cards or transferred to airline and hotel partners. |
| Higher Credit Limits | The business credit card has a higher credit limit than a personal one, which is helpful for managing bigger purchases. |
| Expense Tracking and Management | Chase provides expense tracking tools, categorized statements, and integration with QuickBooks for easy financial management. |
| Employee Cards with Limits | Chase also issues extra cards free of cost to employees with limits on spending to help in better control. |
| Travel Benefits | Chase business credit cards offer benefits such as no foreign transaction fees, trip cancellation insurance, and rental car protection. |
| Bonuses on Sign-Up | Most of the Chase business cards give lavish bonuses after fulfilling minimum spending requirements. |
FAQs!
Who is eligible to apply for a Chase business credit card?
Any entrepreneur, including small business owners or freelancers, can apply for a Chase Business Credit card.
Are these cards subject to annual fees?
Some Chase business credit cards have no annual fee, while others charge a minimal fee.
What rewards can I earn?
You can earn cashback, travel rewards, or bonus rewards based on your spending categories.
How do I become a Chase business credit card customer?
You can apply online by providing business information like income and spending.
How much credit will I have?
Your credit limit is based on your business income and credit history; larger businesses may receive higher limits.