Introduction:
Business credit cards provide a practical means of improving cash flow, earning incentives, and managing spending. Whether you want interest-free financing, travel benefits, or rewards, the correct card may help you establish business credit and streamline operations.
Top 13 Most Used Credit Cards in the USA for Business Expenses [2025]
| S. N. | Name of Most Used Credit Cards in USA for Business Expenses | Best Known & Value for |
|---|---|---|
| 1. | Ink Business Cash | Best for earning rewards on business expenses |
| 2. | Capital One Spark Miles for Business | Earn unlimited 2X miles on every purchase for your business |
| 3. | Capital One Spark Select | Best for no balance transfer fee |
| 4. | Ink Business Preferred | Ideal for small business owners |
| 5. | Ink Business Premier | Best cash back card for small businesses |
| 6. | American Express Blue Business Cash Card | Best business cash-back card for owners and employees |
| 7. | Blue Business Plus Credit Card from American Express | Ideal card for small-business owners |
| 8. | Business Platinum Card® from American Express | Best for core employees and occasional travelers |
| 9. | American Express® Business Gold Card | Earn Membership Rewards points on business-related spend |
| 10. | Amazon Business Prime American Express Card | Best choice for business owners who frequently shop on Amazon or at Whole Foods Market. |
| 11. | Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® | Save money on waived monthly maintenance fees, inbound wire transfers, and more |
| 12. | Ink Business Unlimited® Credit Card | Useful for consistent cash back on many business purchases. |
| 13. | Capital One Venture X Business | A great perk for businesses with high monthly expenses |
Best Credit Cards in the USA for Business Expenses [March 2025]
Choosing the right business credit card can help maximize rewards, manage expenses efficiently, and provide valuable perks. In this guide, we explore the best business credit cards in the USA for March 2025, highlighting their benefits, rewards, fees, and expert insights to help you find the perfect fit for your business needs.
1. Ink Business Cash
The Chase Ink Business Cash® Card is an excellent choice for those who appreciate cashback rewards on their purchases. It offers a welcome bonus of $750 in cashback, along with additional cashback on various spending categories, such as dining, fuel, and more.
Business Cashback
- Issuer – Chase
- Payment Gateway – MasterCard
- Credit Score – Good-Excellent
- Intro APR – 0% for 12 months
- Regular APR – 18.24%–24.24%
- Annual Fee – $0
- International Transaction Fee – 3%
- Cash Advance Fee – 5% or $10 Cash Advance Fee
- Balance Transfer APR – 18.24%–24.24%
- Sign In Bonus – $750 cash back after $6,000 spent in 3 months
- Best For – Small Business Owners
Chase issues the Chase Ink Business Cash® Card 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 |
|---|---|---|
| Member FDIC | 5% cash back on office supplies & internet/phone services | Chase helps keep your accounts safe with account alerts |
| Purchase Protection | 2% cash back at gas stations & dining | Chase Pay Over Time allows qualifying business card users to divide purchases of $100 or more into fixed monthly installments (3-24 months) with a flat cost and no interest. To get started, choose a “Pay Over Time eligible” item from your account. |
| Auto Rental Coverage | – | – |
| Extended Warranty Protection | – | – |
| Travel and Emergency Assistance | – | – |
| Roadside Assistance | – | – |
| Apple® Ultimate Rewards Store | – | – |
| Employee cards at no additional cost | – | – |
| The credit line increases every six months | – | – |
| Get cashback on Lyft rides. | – | – |
Pros & Cons:
Pros
- Solid earnings rates on everyday business expenses
- Ability to pool points together with other Chase credit cards
- Decent earning rates across popular categories for businesses
- High reward rate in bonus categories.
Cons
- Falls short when it comes to travel rewards
- Low rate outside bonus categories
- Has spending caps on bonus rewards.
Expert Advice
The Chase Ink Business Cash® Card is considered a good option for small business owners who enjoy cashback rewards along with 0 annual fee and offers 0% intro APR for 12 months on purchases and balance transfers. This card offers 5% cashback on the first $25,000 spent at office supply stores, as well as on internet, cable, and phone services. Additionally, it provides 2% cashback on the first $25,000 spent at gas stations and restaurants. Students can also earn up to 20,000 bonus points by referring others.
2. Capital One Spark Miles for Business
The Capital One Spark Miles for Business card is a business travel credit card that earns 5 miles per dollar for hotels, vacation rentals, and rental vehicles booked through Capital One Travel, as well as 2 miles per dollar for all other purchases. Cardholders can earn a one-time bonus of 50,000 miles, which is equivalent to $500 in travel, by spending $4,500 on purchases within three months of account opening. This card has an annual charge of $0 for the first year and $95 thereafter.
Business Travel Rewards, No Foreign Transaction Fee
- Issuer – Capital One
- Payment Gateway – MasterCard
- Credit Score – Excellent
- Intro APR – N/A
- Regular APR – 26.24% Variable
- Annual Fee – $95
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10, whichever is greater
- Balance Transfer APR – 26.24% Variable
- Sign In Bonus – 50,000 miles after spending $4,500 in the first 3 months
- Best For – Small Business Owners, Frequent Business Travelers
The Capital One Spark Miles for Business card offers unlimited 2x miles on every purchase. Issued by Capital One, it’s ideal for businesses aiming to earn travel rewards efficiently.
With no annual fee and no foreign transaction fees, the card provides 5% miles on hotels and rental cars booked through Capital One Travel. A good credit score is required, and it includes free employee and virtual cards.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Bonus miles are 50,000 | 5X per $1 on hotels, vacation rentals, and rental cars booked through Capital One Travel | Get an itemized report of your spending to simplify budgeting and tax time |
| Get access to Capital One Travel | 2X per $1 on every purchase for your business | Use Capital One Travel to redeem your points, or within ninety days of the transaction, receive reimbursement for travel costs paid with your card. |
| $0 fraud liability | – | Receive an email or text message alert if we detect a potential mistake or suspicious charge on your account |
| Automatic payments | – | Get notified via text, email, and phone if Capital One notices potential suspicious transactions on your account. |
| Manage your spending with flexible tools | – | – |
| Transfer your miles to 15+ travel loyalty programs | – | |
| Receive credits for Global Entry or TSA PreCheck® | – | – |
| Free employee cards | – | – |
| With your Spark Miles card, you can transfer miles to one of our 15+ participating partners | – | – |
| Unlock premium benefits with every stay | – | – |
| Extended warranty. | – | – |
Pros & Cons:
Pros
- No foreign transaction fees can be beneficial for businesses with international spending.
- Earns Capital One miles that can be transferred to 18 partners.
- Up to $120 Global Entry/TSA PreCheck application fee credit.
- Earn a constant number of miles with each transaction.
- Earn additional miles when booking hotels and rental cars through the Capital One Travel portal.
Cons
- Lacks premium benefits like airport lounge access.
- No bonus categories.
Expert Advice
The Capital One Spark Miles for Business, a good travel rewards business card, aims to provide a simplified bonus miles experience through a comprehensive benefit list. There are undoubtedly competing cards that offer greater reward rates and more features to justify a $95 annual fee. Still, for small business owners whose expenses exceed or fall outside the purview of traditional bonus categories, the chance to earn unlimited 2X miles per dollar on all purchases could be fantastic.
3. Capital One Spark Select
The Capital One Spark Cash Select is an excellent option for company owners with good credit who want to receive cash back on their business expenses. It charges a flat 1.5% cash-back rate on all transactions, making it simple to earn and spend cash-back rewards. It’s an affordable alternative for businesses because there is no yearly charge.
Cash Back
- Issuer – Capital One
- Payment Gateway – Visa
- Credit Score – Excellent
- Intro APR – N/A
- Regular APR – 19.24% to 29.24% Variable APR
- Annual Fee – $0
- International Transaction Fee – $0
- Cash Advance Fee – $5 or 5% of the amount of each
- Balance Transfer APR – 19.24% to 29.24% Variable APR
- Sign In Bonus – Earn a $500 cash bonus when you spend $4,500 in the first 3 months.
- Best For – Individuals Seeking Cash Back
With a $0 annual fee, 1.5% Cash Back on all purchases, and 5% Cash Back on hotels and rental cars reserved via Capital One Travel, the Capital One Spark Cash Select is a reliable, affordable card.
Sweetening the bargain is the card’s respectable welcome offer. Spending $4,500 during the first three months of opening an account entitles you to $500 in cash back.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| $0 Fraud Liability for unauthorized charges | Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel | Itemized year-end spending reports. |
| Redeem your cash-back rewards for any amount | Unlimited 1.5% cash back for your business on every purchase, everywhere — with no limits or category restrictions | Lock your card or an employee’s if it has been misplaced, lost, or stolen. |
| Extended warranty | Unlimited 1.5% cash back on all purchases | Downloadable purchase records |
| Free employee cards | – | Option to download purchase records quickly and securely to accounting software, including Quicken, QuickBooks, and Excel. |
| Year-end spending summary | – | – |
| Roadside assistance | – | – |
Pros & Cons:
Pros
- High rewards rate
- No reward caps
- Easily track spending trends and simplify taxes by connecting purchases to Quicken, QuickBooks, or Excel.
Cons
- Limited benefits
- Outclassed by other Capital One business cards in certain areas
- You can’t transfer rewards to other loyalty programs.
Expert Advice
The Capital One Spark Cash Select card offers flat-rate rewards (1.5% on all purchases) with no yearly or international transaction fees. There’s also a welcome bonus: get $500 when you spend $4,500 during the first three months of creating your account.
That equation of simplicity plus rewards minus costs simplifies the decision to carry this card, assuming you qualify. The Capital One Spark Cash Select requires exceptional credit, often a personal FICO score of 720 or higher.
4. Ink Business Preferred
The Chase Ink Business Preferred® Card can be a great option for small business owners, entrepreneurs, or frequent travelers who enjoy travelling and gaining rewards.
Business Rewards
- Issuer – Chase
- Payment Gateway – Visa
- Credit Score – Good – Excellent
- Intro APR – N/A
- Regular APR – 20.24%–25.24%
- Annual Fee – $95
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 20.24%–25.24%
- Sign In Bonus – 90,000 points after $8,000 spent in 3 months
- Best For – Small Business Owners, Frequent Travelers, Entrepreneurs
The Chase Ink Business Preferred® Card is specifically designed for business owners. Issued by Chase, this card provides substantial rewards on business-related expenditures and facilitates efficient expense management. It offers flexibility in the accumulation of rewards.
The card charges 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 | Chase helps keep your accounts safe with account alerts |
| Travel Benefits | 1x points on all other purchases | Chase Pay Over Time allows qualifying business card users to divide purchases of $100 or more into fixed monthly installments (3-24 months) with a flat cost and no interest. To get started, choose a “Pay Over Time eligible” item from your account. |
| Offer more in Travel Redemption | – | – |
| Provides points on Lyft rides | – | – |
| Transfer Ultimate Rewards points 1:1 to participating travel programs—1 point equals 1 partner mile/point. | – | – |
| Apple® Ultimate Rewards Store | – | – |
| Hotel Travel Partners with IHG® One Rewards Club, Marriott Bonvoy®, and World of Hyatt | – | – |
| Employee cards at no additional cost | – | – |
Pros & Cons:
Pros
- Redeem any amount of cash back at any time
- No enrollment is required to earn cash back.
- It provides a high redemption rate
- Rewards don’t expire for the life of the account.
Cons
- No lounge access or travel credits are included.
- Can’t redeem for travel rewards or transfer points to hotel or airline transfer partners
- There are spending caps on rewards.
Expert Advice
The Chase Ink Business Preferred® Card is a great option for small business owners or frequent travelers who enjoy earning travel rewards. It does not charge an international transaction fee and offers 90,000 points after $8,000 is spent in three months. The Preferred® Card offers 3% reward points for various purchases, such as advertising, internet, cable, phone services, purchases made on social media sites and search engines, and more.
5. Ink Business Premier
The Chase Ink Business Premier® Credit Card offers high cashback rewards on various business and other purchases, such as cashback on Lyft rides.
Business Rewards
- Issuer – Chase
- Payment Gateway – Visa
- Credit Score – Good-Excellent
- Intro APR – N/A
- Regular APR – 21.24%–29.24%
- Annual Fee – $0
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 21.24%–29.24%
- Sign In Bonus – 100,000 points after $10,000 in 3 months
- 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% cash back on purchases $5,000+ | Chase helps keep your accounts safe with account alerts |
| Large Purchases | 2% on other purchases | Chase Pay Over Time allows qualifying business card users to divide purchases of $100 or more into fixed monthly installments (3-24 months) with a flat cost and no interest. To get started, choose a “Pay Over Time eligible” item from your account. |
| Cash Back Rewards | – | – |
| Travel Rewards | – | – |
| A Pay in Full Card that helps your business go further | – | – |
| Employee cards at no additional cost | – | – |
| EarnApple® Ultimate Rewards Store | – | – |
| Cell Phone Protection | – | – |
| Roadside Assistance | – | – |
| Auto Rental Coverage | – | – |
| Cash Back on Lyft Rides | – | – |
Pros & Cons:
Pros
- The sign-up bonus is impressive among business cards with similar requirements.
- Cardholders can redeem both cash back and travel at a 1:1 value
- It carries excellent travel protections and the best cellphone protection perk in its category
- Earn more with boosted rewards on Chase travel and large purchases.
Cons
- If you don’t plan on making several large purchases, the annual fee may outweigh the benefits.
- Cardholders can’t utilize transfer partners or redeem points for increased value through Chase Ultimate Rewards.
- You cannot merge rewards with other Chase cards to enhance their value.
- The Pay in Full structure might be challenging for some cardholders.
Expert Advice
The Chase Ink Business Premier® Credit Card is a great cashback card that offers high cashback rates with a welcome bonus cashback of $1000 after spending after you spend $10,000 on purchases in your first 3 months. This card has no international transaction fee. Chase Ink Business Premier® Credit Card offers 2.5% cashback on large purchases, and people can earn upto 2% cashback on all other business purchases.
6. American Express Blue Business Cash Card
American Express Blue Business Cash Card is the best choice for startups or small businesses. The card offers a high rate cashback, no annual fee, and an intro APR rate. The cardholder will get 0% intro APR on Purchases for 12 months and then the ongoing APR of 17.49%-25.49% Variable APR. Additionally, it offers one of the most competitive cash-back rates among cards that do not require an annual fee: Get 2% cash back on all qualified purchases up to $50,000 in a given year, followed by 1%.
Business Cashback and No Annual Fee
- Issuer – American Express
- Payment Gateway – AMEX
- Credit Score – Good-Excellent
- Intro APR – 0% for 12 months
- Regular APR – 18.24%–26.24%
- Annual Fee – $0
- International Transaction Fee – 2.7%
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 18.24%–26.24%
- Sign In Bonus – $250 after spending $3,000 in 3 months
- Best For – Small Businesses, Entrepreneurs
The American Express® Blue Business Cash Card is perfect for small businesses, offering 2% cash back on all eligible purchases (up to $50,000 per year, then 1%). It simplifies expense tracking and rewards businesses without the hassle of category restrictions.
This card has no annual fee and requires good credit. It comes with a credit limit that may be expanded under Amex’s “Expanded Buying Power” feature. Additional perks include purchase protection, employee cards, and extended warranties.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| No over-limit fee | 2% cashback on all eligible purchases (first $50,000 per year) | Connect to QuickBooks can help you manage your Employee Business Card expenses easily. |
| Offers credit limit flexibility | – | View your purchase history, prepare reports, and budget your expenses. |
| No intro APR for balance transfers | – | Set Account Alerts‡ to help avoid late payments, spot irregular spending and monitor Employee Card use. |
| Offer Car Rental Loss & Damage Insurance with coverage | – | If there is a fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue. |
| Amex offers | – | – |
| Global Assist® Hotline | – | – |
| Extended Warranty | – | – |
| Purchase Protection | – | – |
Pros & Cons:
Pros
- It features one of the best flat rewards rates available for a business card with no annual fee.
- The Expanded Buying Power feature gives business owners more flexibility.
- It has a decent introductory APR period for new purchases.
Cons
- The $50,000 spending limit per year on the 2 percent category limits reward-earning potential
- There are limited cardholder perks
- The card’s 2.7 percent foreign transaction fee can add up and cut into your rewards earnings.
Expert Advice
American Express Blue Business cash card is the best choice for small businesses with expenses that may fall beyond the standard company spending sectors. Although the 2 percent cash-back return is excellent, many cardholders might not find the $50,000 annual spending limits appealing. Nonetheless, it’s a fantastic card for people who are new business owners or have lower annual costs.
7. Blue Business Plus Credit Card from American Express
The Blue Business® Plus Credit Card from American Express may be an excellent choice for small-business owners with an annual budget in this range. It includes positive characteristics such as no annual fee and a respectable rewards rate on purchases up to $50,000 per year. However, it may be an excellent option for startup entrepreneurs who do not yet have consistent expenditures.
Business Rewards, No Annual Fee
- Issuer – American Express
- Payment Gateway – AMEX
- Credit Score – Good-Excellent
- Intro APR – 0% for 12 Months from the date of account opening
- Regular APR – 17.49% – 25.49% Variable
- Annual Fee – $150
- International Transaction Fee – 2.7%
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 17.49% – 25.49% Variable
- Sign In Bonus – Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Best For – Small Business Owners, Entrepreneurs
The American Express Blue Business® Plus Card, issued by American Express, offers rewards on business purchases and travel. Its best feature is the Membership Rewards program, providing valuable points for business expenses.
The card has an annual fee of $150. Unique features include access to the Blue Business Collection rewards and a required credit score of 700+. The referral program offers bonus Membership Rewards points.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Extended warranty coverage | 2X points on up to $50,000 in purchases per year, then 1X points thereafter | The card has a quick and easy online application process that takes as little as 30 seconds. |
| Simple rewards structure | 2X points on prepaid rental cars booked through AmexTravel.com | Account manager feature to monitor finances |
| Purchase protection | 1X points on all other purchases | If there is a fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue. |
| Free employee cards with customizable spending limits | – | Set Account Alerts to help avoid late payments, spot irregular spending and monitor Employee Card use. |
| Expanded Buying Power | – | Save time with auto-expense categorization in Intuit QuickBooks |
| Membership Rewards® Points | – | – |
| Relationship Care® Service | – | – |
| Global Assist® Hotline | – | – |
| Car Rental Loss and Damage Insurance | – | – |
| Amex Offers | – | – |
Pros & Cons:
Pros
- No annual fee, maximizing reward earnings.
- Earns points in a very valuable transferable points currency
- Access to Amex transfer partners, including Delta, Air Canada, and British Airways.
Cons
- 2X rewards cap at $50,000, then drops to 1X.
- No intro APR on balance transfers, which is not ideal for high-interest debt.
Expert Advice
The American Express Blue Business Plus Credit Card is a fantastic tool to have in your toolbox if you are a small business owner who wants to accrue points without having to worry about reward categories. With its extended buying power, interest-free term, and no yearly charge, it may provide you with the funding you require to build your company. The Blue Business Plus also offers great long-term value because it works well with high-end Amex cards. There could be better alternatives to obtaining a Blue Business Plus Credit Card, though, if you’re a heavy spender. You might want to avoid the trouble of managing several credit cards, even though you can transfer to a different card once you reach the points threshold.
8. Business Platinum Card® from American Express
The American Express Platinum Card has long been considered one of the greatest credit cards due to its premium travel privileges. Its high hotel and airfare points rate, continuing incentives, and comprehensive travel access may save you a great deal on special experiences, but at a higher cost.
Business Owners, Expense Management
- Issuer – American Express
- Payment Gateway – AMEX
- Credit Score – Excellent
- Intro APR – N/A
- Regular APR – 19.24% – 27.24%
- Annual Fee – $695
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 19.24% – 27.24%
- Sign In Bonus – 80,000 points after $8,000 on eligible purchases within the first six months of card membership.
- Best For – Business Owners, Frequent Travelers
Ideal for high-spending business owners, this card offers enhanced travel rewards and expense management tools. Qualification requires an excellent credit score and business financials.
The $695 annual fee covers benefits like 5x points on travel, $200 airline fee credits, and employee card options. No preset spending limit and a strong referral program enhance its value.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| No Pre-set Spending Limit | 5X points on up to $500,000 per calendar year spent on directly booked airfare, flights, and prepaid hotels through American Express Travel | Purchase Protection |
| $199 CLEAR® Plus Credit | 2X points on prepaid car rentals through American Express Travel | The Pay Over Time feature lets you carry a balance with interest on eligible charges up to your Pay Over Time Limit. |
| Adobe Creative Solutions | 1X points on all other purchases | Cell Phone Protection |
| Access to 1,400+ Airport Lounges Worldwide (The Centurion®, Delta Sky Club®, Priority Pass™, and more.) | – | Extended Warranty |
| $200 Airline Fee Credit | – | – |
| $200 Hilton Statement Credit | – | – |
| Fee Credit for Global Entry or TSA PreCheck | – | – |
| Marriott Bonvoy® Gold Elite Status | – | – |
| Hilton Honors™ Gold Status | – | – |
| Car Rental Privileges | – | – |
| Business Platinum Travel Service | – | – |
| Baggage Insurance Plan | – | – |
| Payment Flexibility | – | — |
| Employee Cards | – | – |
Pros & Cons:
Pros
- Highest travel rewards of any Amex card.
- Best lounge and travel perks among mainstream cards.
- Up to $1,700 in annual perks, exceeding the $695 fee.
Cons
- An annual Fee of $695 may not suit everyone.
- Boosted rewards apply only to select travel purchases.
- Some credits, like fitness and private jets, may not be useful for all.
Expert Advice
The American Express Platinum Card has been a travel favorite for a reason. Unlike airline cards, the benefits and credits you earn are substantial enough to make it beneficial for any passenger looking for a little extra luxury on their holiday. However, many cardholders are still intimidated by the $695 yearly cost, and for good reason. Based on the average person’s buying patterns, the card’s annual rewards worth may be lower than that of rival cards, and the card’s catalog of specialized advantages may be inconvenient for most individuals, making the annual fee more difficult to justify.
9. American Express® Business Gold Card
The American Express® Gold Card is known as one of the greatest travel rewards cards due to its extensive dining and travel benefits, which appeal to high-spenders who can afford the $325 annual fee. It provides large recurring benefits for flight, restaurant, and U.S. supermarket purchases, as well as enough credits to cover its somewhat hefty annual fee.
Dining Rewards
- Issuer – American Express
- Payment Gateway – AMEX
- Credit Score – Good/Excellent
- Intro APR – N/A
- Regular APR – 21.24%–29.24%
- Annual Fee – $325
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – 21.24%–29.24%
- Sign In Bonus – 60,000 Membership Rewards points after $4,000 spent in 6 months
- Best For – Frequent Travelers, Food Enthusiasts
The American Express® Gold Card, issued by American Express, provides generous rewards on everyday purchases, including dining and travel. Its best feature is the Membership Rewards program, offering valuable points for various expenses.
The card has an annual fee of $325 plus applicable taxes. Unique features include no pre-set spending limit and access to the Gold Collection rewards. The required credit score is 700+. The referral program offers bonus Membership Rewards points.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| $84 Dunkin’ Credit | 4x points on dining at restaurants | Each year, a Year-End Summary of charges will be provided to review your annual spending. |
| Membership Reward Points | 3x points on flights booked directly with airlines | “Plan-It” feature lets you buy-now-pay-later (BNPL) by splitting purchases of $100+ into equal monthly installments with a fixed fee, which reduces the burden of one-time payments. |
| Pay with Points at Checkout | – | – |
| $100 Resy Credit | – | – |
| $120 Dining Credit | – | – |
| $120 Uber Cash onGold | – | – |
| The hotel collection | – | – |
| Baggage Insurance Plan | – | – |
| Car Rental Loss and Damage Insurance | – | – |
| Purchase Protection | – | – |
| Extended Warranty | – | – |
| Events with Amex | – | – |
| Provides Travel and Insurance benefits | – | – |
| The card provides elevated rewards for dining in, dining out, and grocery shopping. | – | – |
Pros & Cons:
Pros
- Excellent for eating and travel, with additional credits to offset the yearly price.
- Generous welcome package, with six months to complete spending criteria.
- There is no fixed credit limit.
Cons
- The $325 annual fee is hard to offset without using credits and transfer partners.
- Lounge access and travel credits are lacking in some premium cards.
- Best for travel redemptions, making it less ideal for occasional travelers.
Expert Advice
The American Express® Gold Card was created especially for people who truly appreciate the benefits of their membership rewards. With this card, you may earn 4X Membership Rewards® points at restaurants (up to $50,000 in expenditures per year, then 1X) and supermarkets in the United States (up to $25,000 in purchases per year, then 1X). Get 3X Membership Rewards® points when you purchase tickets on AmexTravel.com or directly with airlines. When you book prepaid hotels and other qualified transactions on AmexTravel.com, you may earn twice as many Membership Rewards® points. Get 1X Membership Rewards® points for every additional purchase that qualifies.
10. Amazon Business Prime American Express Card
The Amazon Business Prime American Express Credit Card earns 5% cash back on Amazon and Whole Foods Market purchases, but you may also opt out of rewards for a 90-day 0% initial APR on purchases (18.49% – 26.49% Variable APR afterward).
Business Rewards
- Issuer – American Express
- Payment Gateway – AMEX
- Credit Score – Good-Excellent
- Intro APR – N/A
- Regular APR – 20.24%–29.99%
- Annual Fee – $0
- International Transaction Fee – $0
- Cash Advance Fee – $5 or 3%
- Balance Transfer APR – 0% for 12 months
- Sign In Bonus – $125 Amazon Gift Card upon approval
- Best For – Small Business Owners, E-commerce Sellers
The Amazon Business Prime American Express Card is tailored for businesses, offering rewards on purchases at Amazon Business, AWS, and Whole Foods Market. Issued by American Express, it helps manage business expenses efficiently.
This card has no annual fee and provides 5% back on Amazon purchases with an eligible Prime membership. The credit limit varies, and a good credit score is required. It also offers travel benefits and purchase protection.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) | 5% back on U.S. purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market with an eligible Prime membership (on up to $120,000 in 5 percent categories purchases per calendar year, then 1 percent). | Payment terms option: 90 days (with eligible Prime membership) of 0 percent APR on Amazon purchases instead of earning 5 percent rewards |
| Amazon Business Enhanced Data Views | 2% back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. providers | Save time with auto-expense categorization in Intuit QuickBooks. |
| Offers to Save Greater or Pay Later | 1% back on all other purchases | If there is a fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue. |
| Extended warranty | – | – |
| Amex Offers | – | – |
| Free employee cards | – | – |
| Purchase protection | – | – |
| Relationship Care® Service | – | – |
| Baggage Insurance Plan | – | – |
| Car Rental Loss and Damage Insurance | – | – |
Pros & Cons:
Pros
- Earn 5 percent back on U.S. purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market with an eligible Prime membership
- No annual fees and no foreign transaction fees, which makes it a relatively low-cost card
- You can combine rewards with other Citi ThankYou cards.
Cons
- Rewards are only good for statement credits or more merchandise on Amazon.com, limiting redemption options.
- It doesn’t offer balance transfers for debt management
- You must be an Amazon Prime member to qualify.
Expert Advice
An Amazon Business Prime American Express Card, together with your Prime membership, may help keep your business operating smoothly by giving free shipping and speedier delivery on qualified products. There are other perks to becoming a Prime member, such as listening to music while working and reading books and films after hours. However, the major disadvantage of this card is that you may only utilize your points in two ways: to pay for Amazon.com purchases or to redeem awards for statement credits to reimburse particular items charged to your credit card. This makes the Amazon Prime firm American Express Card an unsuitable choice if your firm requires internet, phone, or travel services.
11. Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®
Bank of America’s Business Advantage Unlimited Cash Rewards Mastercard is an excellent small-business credit card, whether you’re a loyal Bank of America customer or simply prefer the convenience of a rewards program that keeps your business expenses simple.
Business Rewards
- Issuer – Bank of America
- Payment Gateway – Visa
- Credit Score – Excellent
- Intro APR – 0% Intro APR for 9 billing cycles for purchases
- Regular APR – 17.49% – 27.49% Variable APR
- Annual Fee – $0
- International Transaction Fee – 3%
- Cash Advance Fee – 8.49% Variable APR
- Balance Transfer APR – 17.49% – 27.49% Variable APR
- Sign In Bonus – $300 online bonus cash rewards after spending $3,000 within the first 90 days
- Best For – Small Business Owners
The Bank of America® Businesses Advantage Unlimited Cash Rewards Mastercard® is designed for company owners who want clear rewards on daily purchases. This card provides an unlimited 1.5% cash back on all transactions, streamlining the rewards procedure. Cashback rates for people registered in the Preferred Rewards for Business program might increase by up to 2.62%.
With no annual fee, it is a low-cost method for handling corporate funds. Furthermore, new cards might receive a $300 online statement credit after spending at least $3,000 during the first 90 days after account establishment. The card also offers a 0% introductory APR on purchases for the first nine billing cycles, followed by a variable APR ranging from 17.49% to 27.49%.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| Zero Liability Protection | 1.5% cash back on all purchases | Opt for paperless credit card statements and increase account security while reducing paper consumption. |
| Up to $100,000 in travel accident insurance | 2.62 cash back if the cardholder has a Bank of America business checking account and qualifies for the Preferred Rewards for Business Platinum Honors tier, boosting their cash back by up to 75 percent. | An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your credit card to a Bank of America business checking account for overdraft protection through Balance Connect. |
| Online banking | – | – |
| Contactless payments | – | – |
| Flexible Redemption Options | – | – |
| Cash Flow Management Tools | – | – |
| Travel and Emergency Services | – | – |
| Free access to business credit scores | – | – |
| Fraud Monitoring | – | – |
Pros & Cons:
Pros
- Boost your unlimited, flat-rate cash back from 1.5 percent up to 2.62% with the top Preferred Rewards for Business program rate
- No annual fee, so there is no need to worry about offsetting this extra cost with reward earnings
- There is an intro APR on purchases.
Cons
- Likely not as rewarding as other Bank of America business cards, depending on your expenses
- The $300 online cash sign-up bonus (after spending $3,000 within 90 days) isn’t very competitive
- No intro APR on balance transfers and the intro APR on purchases is short compared to similar business card offers.
Expert Advice
The Bank of America Business Advantage Unlimited Cash Rewards Mastercard is by no means the most lucrative choice for a primary business card, given the initial rewards you would receive. However, if you like simplified rewards or if your costs go well outside the typical bonus category cards’ spending areas, it’s definitely worth the investment. If your company currently banks with Bank of America, the Preferred Rewards cash-back bump is the most significant factor to take into account. With a limitless 2.62 percent back on all transactions, Platinum Honors status makes the Business Advantage Limitless Cash the most profitable flat-rate cash-back card available.
12. Ink Business Unlimited® Credit Card
The Ink Business Unlimited® Credit Card is unique among Chase’s business credit cards because of its excellent features, no annual fee, top-tier introductory bonus, and limitless flat-rate rewards.
Business Cashback
- Issuer – Chase
- Payment Gateway – Visa
- Credit Score – Good/Excellent
- Intro APR – 0% intro APR on purchases for 12 months
- Regular APR – 17.49% – 23.49% Variable APR
- Annual Fee – $0
- International Transaction Fee – 3%
- Cash Advance Fee – $15 or 5%
- Balance Transfer APR – $5 or 5%
- Sign In Bonus – $750 bonus cash back after you spend $6,000 in the first 3 months from account opening.
- 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 |
|---|---|---|
| Redeem for cash-back rewards | Unlimited 1.5 percent cash back on all purchases | Each year, a Year-End Summary of charges will be provided to review your annual spending. |
| Employee cards at no additional cost | 5 percent cash back on Lyft rides through March 2025 | The “Plan-It” feature lets you buy-now-pay-later (BNPL) by splitting purchases of $100+ into equal monthly installments with a fixed fee, which reduces the burden of one-time payments. |
| Earn cash back on Lyft rides | – | Account alerts |
| Apple® Ultimate Rewards Store | – | – |
| Travel and Emergency Assistance | – | – |
| Extended Warranty Protection | – | – |
| Purchase Protection | – | – |
| Auto Rental Coverage | – | – |
| Roadside Assistance | – | – |
| Cell phone protection | – | – |
Pros & Cons:
Pros
- No annual fee, ideal for businesses with smaller budgets.
- Points can be combined with other Chase cards for added value.
- Strong intro APR on purchases with a competitive ongoing APR.
Cons
- Other cards with bonus categories may offer higher rewards.
- No intro APR on balance transfers.
- High spending requirements for the welcome offer may be challenging for small businesses.
Expert Advice
The Chase Ink Business Unlimited credit card is a solid choice for company owners. It provides reasonable rewards, privileges, and first-year discounts, all without an annual cost. A 1.5 percent flat-rate cashback isn’t the greatest return rate available. Still, the card’s flexible redemption choices, compatibility with Chase travel cards, and introductory APR on purchases make it especially useful for small company owners, particularly those just getting started. If you want to earn more money on your purchases, consider using a different card. Review your predicted company expenditure and compare the finest business card alternatives to get the one that best meets your needs.
13. Capital One Venture X Business
The Capital One Venture X Business card takes what made the Capital One Venture X Rewards Credit Card a popular choice for frequent travelers and tailors it to small-business owners. The end product is undoubtedly one of the greatest business travel cards on the market.
Rewards Points, Round-Up Points
- Issuer – Capital One
- Payment Gateway – Visa
- Credit Score – Good to Excellent
- Intro APR – N/A
- Regular APR – N/A
- Annual Fee – $395
- International Transaction Fee – $0
- Cash Advance Fee – 5% or $10
- Balance Transfer APR – N/A
- Sign In Bonus – Earn 150,000 miles once you spend $30,000 in the first 3 months.
- Best For – Frequent travelers, Small Business Owners
The Capital One Venture X Business Card, offered by Capital One, is intended for business travel and incentives. Its finest feature is limitless 2X miles on every transaction, plus bonus miles on trip reservations. It helps users by providing superior features at a competitive price.
The card carries a hefty but manageable yearly fee. Its distinguishing characteristics include airport lounge access and yearly travel credits. The credit limit varies according on creditworthiness. A decent to exceptional credit score (700 or above) is essential. There is no referral program, but it does provide purchase protection and travel insurance.
| Key Features | Reward Rate | Other Information |
|---|---|---|
| No preset spending limit | 10X miles on hotels and rental cars booked through Capital One Travel | $50 experience credit for eligible stays at Lifestyle Collection hotels, plus perks including room upgrades, late checkout, and early check-in (when available) |
| $300 annual Capital One Travel credit | 5X miles on flights and vacation rentals booked through Capital One Travel | Receive an email or text message alert if we detect a potential mistake or suspicious charge on your account. |
| 10,000 annual bonus miles on your account anniversary (starting on your first anniversary) | 2X miles on other purchases | – |
| Extended warranty | – | – |
| Up to a $120 statement credit toward TSA PreCheck® or Global Entry application fees | – | – |
| Free employee cards with customizable spending limits | – | – |
| Complimentary access for cardholders to over 1,300 airport lounges, including Capital One and Priority Pass lounges through the Partner Lounge Network | – | – |
| Standard account protections like $0 fraud liability for unauthorized charges | – | – |
Pros & Cons:
Pros
- Flat-rate rewards offer consistent value for any business.
- One of the best sign-up bonuses for a business card.
- Includes valuable travel perks like annual travel credit and lounge access.
Cons
- The annual fee is relatively high for a business card.
- This card does not let you carry a balance, restricting its value as a financial tool.
- The sign-up bonus carries a high spending requirement, which may be tough for some small-business owners to meet.
Expert Advice
The Capital One Venture X Business card provides substantial rewards and benefits at a reasonable cost. Despite the expensive annual price, features such as lounge access and travel credits make it an excellent alternative for business travelers. However, the card has drawbacks. The big sign-up bonus necessitates substantial spending, and while there is no defined limit, you cannot hold a balance. Still, for those who pay in full each cycle, it’s a great way to collect credits and get premium travel advantages.
Table of Comparison
| Name of the Card | Payment Gateway | Best For | Credit Score | Annual Fee | Annual Percentage Rate | Regular APR | Balance Transfer | Sign in Bonus | Decision Criteria |
|---|---|---|---|---|---|---|---|---|---|
| Ink Business Cash | Mastercard | Small Business Owners | Good to Excellent | $0 | 0% for 12 months | 18.24%–24.24% | 19.24%–29.24% | $750 cash back after $6,000 spent in 3 months | Competitive choice for small company owners wishing to earn attractive cash-back rewards on office costs such as supplies or internet, cable, and phone services. |
| Capital One Spark Miles for Business | Mastercard | Small Business Owners, Frequent Business Travelers | Excellent | $95 (waived first year) | N/A | 26.24% Variable | 26.24% Variable | 50,000 miles after spending $4,500 in the first 3 months | It lets you earn 2X miles on every purchase for your business. |
| Capital One Spark Select | Visa | Individuals Seeking Cash Back | Excellent | $0 | N/A | 19.24% to 29.24% Variable APR | 19.24%-29.24% Variable | $200 Earn a $500 cash bonus when you spend $4,500 in the first 3 months. | It lets you earn unlimited 1% cash back for your business on every purchase, everywhere, with no limits or category restrictions |
| Ink Business Preferred | Visa | Small Business Owners,Frequent Travelers,Entrepreneurs | Good-Excellent | $95 | N/A | 20.24%–25.24% | 20.24%–25.24% | 90,000 points after $8,000 spent in 3 months | Use this card to earn 3X points on Shipping purchases.Advertising purchases made with social media sites and search enginesInternet, cable, and phone servicesTravel. |
| Ink Business Premier | Visa | Small BusinessHigh Spenders | Good-Excellent | $195 | N/A | 21.24%–29.24% | 21.24%–29.24% | 100,000 points after $10,000 in 3 months | For businesses with high expenses, offering significant rewards and benefits. |
| American Express Blue Business Cash Card | AMEX | Small BusinessesEntrepreneurs | Good/Excellent | $0 | 0% for 12 months | 18.24%–26.24% | 18.24%–26.24% | $250 after spending $3,000 in 3 months | Great card for new and smaller businesses, with a high reward rate |
| Blue Business Plus Credit Card from American Express | AMEX | Small Business Owners,Entrepreneurs | Good/Excellent | $150 | 0% for 12 months | 17.49% – 25.49% Variable | 17.49% – 25.49% Variable | 15,000 Membership Rewards® points after you spend $3,000 on the Card within your first 3 months of Card Membership. | This no-annual-fee small-business card is ideal if you’re looking for high flat-rate rewards to redeem for travel |
| Business Platinum Card® from American Express | AMEX | Business OwnersFrequent Travelers | Excellent | $695 | N/A | 19.24% – 27.24% | N/A | 80,000 points after spending $8,000 in the first 6 months | Earn 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com. |
| American Express® Business Gold Card | AMEX | Frequent TravelersFood Enthusiasts | Good-Excellent | $325 | N/A | 21.24%–29.24% | N/A | 60,000 Membership Rewards points after $4,000 spent in 6 months | Features a comprehensive insurance package to enable you to travel and shop without worries |
| Amazon Business Prime American Express Card | AMEX | Small Business OwnersE-commerce Sellers | Good-Excellent | $0 | 0% for 12 months | 20.24%–29.99% | 20.24%–29.99% | $125 Amazon Gift Card upon approval | Excellent choice for business owners who frequently shop on Amazon or at Whole Foods Market |
| Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® | Visa | Small Business Owners | Excellent | $0 | 0% Intro APR for 9 billing cycles for purchases | 17.49% – 27.49% Variable APR | 17.49% to 27.49% | $300 online bonus cash rewards after spending $3,000 within the first 90 days | Users can save money on waived monthly maintenance fees, inbound wire transfers, and more. |
| Ink Business Unlimited® Credit Card | Visa | Small Business Owners | Good-Excellent | $0 | 0% intro APR on purchases for 12 months | 17.49% – 23.49% | 17.49% – 23.49%Variable APR | $750 bonus cash back after you spend $6,000 in the first 3 months from account opening. | Great option for business owners who don’t want to keep track of bonus rewards or rotating categories in order to earn rewards |
| Capital One Venture X Business | Visa | Frequent travelersSmall Business Owners | Good/Excellent | $395 | N/A | N/A | N/A | 150,000 miles once you spend $30,000 in the first 3 months. | This card has no preset spending limit, benefitting business owners looking for a higher spending capacity |
Methodology
When choosing a business credit card, consider a long 0% APR, valuable rewards, and extra perks to manage cash flow, finance purchases, and consolidate debt interest-free.
When selecting a credit card for business expenses, consider:
- A long 0% introductory APR term
- Meaningful reward points
- Additional benefits such as purchase protection and flexible redemption options
These cards help businesses:
- Manage cash flow
- Finance significant purchases
- Consolidate debt without incurring interest during the promotional period
Examples of business credit cards with long 0% initial APR durations:
- Ink Business Cash® Credit Card
- American Express Blue Business Cash Card
- Ideal for firms wanting to spread their expenditures over time
Business credit cards offering rewards and interest-free financing:
- Ink Business Unlimited® Credit Card (American Express)
- Blue Business Plus Credit Card (American Express)
- Help business owners save on interest while earning cashback or points on daily purchases.
Choosing Credit Cards in the USA for Business Expenses
By choosing the appropriate business credit card, you may access beneficial benefits, collect points, and manage cash flow. Whether you require a card for regular purchases, travel advantages, or interest-free financing, the optimal choice will rely on your financial objectives and company spending patterns. Here are some important factors to think about when selecting a business credit card.
Important features to look for when choosing:
- 0% Introductory APR: Some credit cards provide interest-free financing for a predetermined amount of time, which is helpful for debt consolidation or significant purchases.
- Rewards Program: Receive rebates, points, or miles for buying advertising, office supplies, and vacation.
- Annual Fees: There are a variety of cards with no annual charge, as well as premium cards with expensive fees but good perks.
- Purchase Protection & Insurance: Extended warranties, travel insurance, and fraud protection are all included with a lot of business cards.
- Credit Limit and Requirements: Higher limits are granted to well-established enterprises, and approval is based on credit score and business income.
Why Do You Need a Credit Card for Business Expenses?
There are a number of benefits to using a credit card for business costs, such as facilitating financial management and fostering company expansion.
The following are some main justifications for the advantages of having a specific company credit card:
1. Keep Personal and Business Finances Separate
By keeping your personal and professional spending apart, a business credit card makes tax filing and bookkeeping easier. This facilitates the tracking of company expenses and the filing of deductions.
2. Better Control of Cash Flow
You may manage cash flow and keep up consistent operations, particularly during sluggish income seasons, by using a company credit card to pay for expenditures up front and later. For example, the American Express Blue Business Cash Card offers a 0% intro APR on purchases for 12 months, giving businesses time to pay off expenses without interest.
3. Earn Benefits and Perks
You may save money or reinvest in your company by using the cashback, travel incentives, or points that many business credit cards provide on expenditures like office supplies, advertising, and travel.
4. Acquiring Higher Credit Limits
Generally speaking, business credit cards have bigger credit limits than personal cards, which gives you more freedom to manage significant expenditures, unforeseen costs, or expansion prospects.
5. Establish Business Credit
Responsible use of a business credit card contributes to the development and enhancement of your company’s credit score, which may be essential for future loan applications or better financing choices.
6. Security and Fraud Prevention
The majority of company credit cards include built-in liability, fraud, and purchase protections, which lower the financial risks connected to unlawful purchases.
7. Management of Employee Expenses
You may provide employees with business credit cards with spending caps, which makes it simpler to keep tabs on spending and manage business expenditures. For example, the American Express® Business Gold Card allows business owners to earn 4X points on important business categories while imposing spending limits on their employees.
Do Credit Cards offer Cards for Business Expenses?
Yes, several credit card issuers provide cards geared exclusively for business needs, including cashback, travel rewards, and 0% introductory APR periods. Cards like the Ink Business Cash® Credit Card and the American Express Blue Business Cash Card allow firms to earn cashback while managing spending efficiently. For travel benefits, the Capital One Venture X Business and Ink Business Preferred® Credit Cards provide useful incentives such as airport lounge access and extra points on travel expenditures. Businesses seeking flexible spending power can benefit from the American Express® Business Gold Card, which offers significant rewards in important business categories. These cards enable company owners to analyze costs, improve cash flow, and develop credit while receiving important incentives.
How Do Credit Cards for Business Expenses Help?
Business credit cards help you manage spending by providing incentives, cashback, and interest-free financing while keeping your personal and corporate money separate. Cards like the Ink Business Unlimited® Credit Card and American Express Blue Business Cash Card give cashback on ordinary purchases, whilst travel-focused choices like the Capital One Venture X Business provide benefits such as lounge access and trip credits. They also assist to improve corporate credit, enable larger spending limits, and contain safeguards such as fraud liability and buy insurance, making them critical for effective financial management.
Advantages of Credit Cards for Business Expenses
| Advantages | Description |
|---|---|
| Separation of Finances | Keeps personal and business expenses separate, simplifying bookkeeping and taxes. |
| Improved Cash Flow | Allows businesses to cover expenses upfront and pay later, managing cash flow effectively. |
| Rewards & Cashback | Earn cashback, points, or miles on business purchases like travel, office supplies, and advertising. |
| Higher Credit Limits | Business cards often provide higher spending limits than personal cards. |
| 0% Intro APR Offers | Some cards offer interest-free financing for a set period, useful for large purchases or debt consolidation. |
| Builds Business Credit | It helps establish and improve business credit, which is important for securing loans and better financing options. |
| Employee Expense Management | Issue employee cards with spending limits for better expense tracking and control. |
| Fraud Protection & Security | Includes purchase protection, liability safeguards, and extended warranties. |
Frequently Asked Questions
Which is the best credit card for business expenses?
The finest business credit card is based on your requirements. The Ink Business Cash® Credit Card is an excellent choice for cashback, while the Capital One Venture X Business is good for travel rewards. If you require interest-free financing, the American Express Blue Business Cash Card has a 0% introductory APR term.
Do business credit cards help in building business credit?
Yes, responsible usage of a business credit card helps create and enhance your business credit score, which may be important for obtaining loans and better financing choices. Cards, such as the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®, report to business credit agencies.
Can I use my business credit card for personal expenses?
Technically, you may, but it is not encouraged. Mixing personal and company spending complicates bookkeeping and tax reporting. It is preferable to keep them separate for easier financial management.
Do Business credit cards provide bigger credit limits than personal credit cards?
Yes, business credit cards often provide larger credit limits based on your company’s income and financial history. For example, the Ink Business Preferred® Credit Card and the American Express® Business Gold Card have significant limits to cover company costs.
Are business credit card rewards taxable?
In general, benefits from business credit cards, such as cashback or travel points, are not taxable income. However, if you claim a purchase as a business cost, you may need to account for any incentives received. Always get specialized advice from a tax specialist.