When running a business, every dollar counts, and choosing the right credit card can help entrepreneurs save money, earn rewards, and manage expenses efficiently. Business credit cards often come with features tailored to the needs of entrepreneurs, such as cash back, travel rewards, and expense management tools. Here’s a guide to some of the best business credit cards with rewards available in the US.
1. Chase Ink Business Cash® Credit Card
Best for: Cash Back on Office Supplies and Internet Services
The Chase Ink Business Cash® card is an excellent choice for entrepreneurs who want to maximize cash back on everyday business expenses.
Rewards:
- 5% cash back on office supplies, internet, phone, and cable services (up to $25,000 per year).
- 2% cash back on gas stations and restaurants.
- 1% cash back on all other purchases.
Sign-Up Bonus: Earn $750 cash back after spending $6,000 in the first three months.
Annual Fee: $0.
2. American Express® Business Gold Card
Best for: Customizable Rewards Categories
This card offers flexible rewards, allowing entrepreneurs to earn more in categories where they spend the most.
Rewards:
- 4X Membership Rewards® points on the 2 categories where your business spends the most each billing cycle (up to $150,000 per year).
- 1X points on other purchases.
Sign-Up Bonus: Earn 70,000 points after spending $10,000 in the first three months.
Annual Fee: $375.
3. Capital One Spark Cash Plus
Best for: Flat-Rate Cash Back
For entrepreneurs looking for straightforward rewards without tracking categories, the Capital One Spark Cash Plus card is a great option.
Rewards:
- Unlimited 2% cash back on all purchases.
- 5% cash back on hotels and rental cars booked through Capital One Travel.
Sign-Up Bonus: Earn up to $1,000 ($500 after spending $5,000 in the first three months and another $500 after spending $50,000 in the first six months).
Annual Fee: $150.
4. Bank of America® Business Advantage Customized Cash Rewards
Best for: Customizable Cash Back Categories
This card is ideal for entrepreneurs who want to choose a rewards category that aligns with their spending.
Rewards:
- 3% cash back on the category of your choice (e.g., gas, office supplies, travel).
- 2% cash back at restaurants.
- 1% cash back on other purchases.
Sign-Up Bonus: $300 statement credit after spending $3,000 in the first 90 days.
Annual Fee: $0.
5. Brex Card for Startups
Best for: Startups with Venture Capital Backing
The Brex Card offers excellent rewards with no personal guarantee required, making it perfect for venture-backed startups.
Rewards:
- Up to 7X points on rideshare and travel booked through Brex Travel.
- 3X on restaurants and eligible Apple purchases.
- 1X on other purchases.
Sign-Up Bonus: 10,000 points after spending your first $1,000.
Annual Fee: $0.
6. The Business Platinum Card® from American Express
Best for: Travel Perks
If you frequently travel for business, this card offers unbeatable travel benefits and rewards.
Rewards:
- 5X points on flights and prepaid hotels through Amex Travel.
- 1.5X points on large purchases of $5,000 or more (up to $2 million annually).
- 1X points on other purchases.
Sign-Up Bonus: Earn 120,000 Membership Rewards® points after spending $15,000 in the first three months.
Annual Fee: $695.
How to Choose the Best Card for Your Business
When selecting a business credit card, consider these factors:
- Spending Categories: Choose a card that rewards your most significant spending areas (e.g., travel, office supplies).
- Annual Fee: Assess if the rewards and benefits outweigh the cost of the annual fee.
- Expense Management: Look for tools that simplify expense tracking and reporting.
- Sign-Up Bonuses: Take advantage of lucrative sign-up bonuses to maximize value in the first few months.
Conclusion
The right business credit card can help entrepreneurs streamline expenses and earn valuable rewards. Whether you prioritize cash back, travel perks, or flexible rewards, there’s a card tailored to your needs. Compare options carefully and pick the one that aligns best with your business goals and spending habits.
Do you already have a business credit card? Let us know your experiences in the comments below!
