If you are a small business owner, using a business credit card is essential to keeping your finances in order. In addition, there are some great benefits and welcome bonuses that are limited to each bank’s lineup of business cards. If you’re looking for a new card, here are the best business credit card offers that are currently available and here you can learn how to open a business bank account.
Chase Ink Business Cash® Credit Card
Bonus – New Ink Business Cash card members will receive 90,000 bonus points after you spend $6,000 within 3 months of opening their account.
Highlights – This business card earns 5% back on the first $25,000 spent on combined purchases at office supply stores and internet, phone and cable companies each anniversary year. Plus, earn 2% cash back on the first $25,000 in combined restaurant and gas station purchases each anniversary year.
Annual Fee – $0
Chase Ink Business Unlimited® Credit Card
The Chase Ink Business Unlimited card is my favorite business card that has no annual fee.
Bonus – New card holders will receive 90,000 bonus points after you spend $6,000 within 3 months of opening your account.
Highlights – These points from the welcome bonus can be redeemed for $900 cash! You can also pair this card with another one of Chase’s premium cards in order to redeem these points in other ways like transferring them to one of Chase’s travel partners. You also earn an unlimited 1.5 points for every dollar you spend with this card. In addition, cards for employees are free.
Annual Fee – $0
Chase Ink Business Preferred®
The Chase Ink Business Preferred credit card is my favorite small business card and I think is an excellent fit for most businesses. It’s one of the cards I use most often for my business and here’s why I think so highly of it. Not only does it offer several great benefits but it also has one of the best standard business credit card offers.
Bonus – New card holders will receive 100,000 bonus points after you spend $15,000 within 3 months of opening your account which is one of the highest welcome bonuses on the market.
Highlights – If redeemed for travel through the Chase travel portal, these points are worth $1,250! These points can also be transferred to one of Chase’s travel partners where you can easily unlock even more value. This card also gives you various travel insurance benefits if you pay for your travel expenses with this card. You can earn 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year.
Annual Fee – $95 (not waived during the first year) which I think is an excellent value considering the welcome bonus and all of the benefits this card comes with.
The Business Platinum Card® From American Express
The AMEX Business Platinum card is another great option for small business owners.
Bonus – New card holders will earn 120,000 bonus points after you spend $15,000 on eligible purchases within 3 months of opening your account. Terms apply.
Highlights – You will earn 5 points for every dollar you spend on airfare and prepaid hotels that you book directly with American Express Travel. You’ll earn 1.5x points on eligible purchases at U.S construction material and hardware suppliers like the one on this site, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
Each year you’ll receive up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.
Card Members are eligible to receive a statement credit every 4.5 years for the application fee for TSA PreCheck® and every 4 years for Global Entry when charged to an eligible Card. Card Members will receive a statement credit for the first program (either Global Entry or TSA PreCheck ) to which they apply and pay for with their eligible Card regardless of whether they are approved for Global Entry or TSA PreCheck. However, Card Members can receive no more than one credit for up to $85 for TSA PreCheck or $100 credit for Global Entry (but not both programs), depending upon the program the Card Member first applies for, for an application fee charged to an eligible Card.
Card Account is only eligible for up to $200 in statement credits between January and June and up to $200 in statement credits between July and December for a total of $400 per calendar year in statement credits across all Cards on the enrolled Card Account. Valid only on purchases made directly with Dell Technologies or at dell.com in the US and US territories where Dell Technologies is the merchant of record for the purchase.
Annual Fee – $695 (not waived during the first year) See rates and fees.
Southwest Rapid Rewards Performance Business
The Southwest Rapid Rewards Performance business card is a new card on the market that is a great option if you fly Southwest Airlines frequently.
Bonus – New card holders will receive an 80,000 point welcome bonus after spending $5,000 within 3 months of opening your account. Remember, all points will be eligible to help you earn the coveted Companion Pass.
Highlights – Earn 2 points per dollar on select business categories. Each year you’ll receive 4 upgraded boarding passes to positions A1-A15 that can be used on any available flight. Each card anniversary year you will receive 9,000 additional Rapid Rewards points. Every 4 years you can receive up to a $100 statement credit on Global Entry or TSA PreCheck fees.
Annual Fee – $199 (not waived during the first year)
Final Thoughts
Before choosing a new business card, take a minute and review where your business spends a lot of money. Make sure the card you choose will help you maximize the number of miles you’ll be able to earn. If you’re still not sure which of the latest business credit card offers is best for you, you can contact us at any time and we would be happy to help.
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