What are the Best Business Cards For Small Business Owners?

If you’re a small business owner, then business credit cards can be extremely useful. However, you’ll want to make sure you choose the right card.

A business credit card can give you a useful line of credit, which helps you pay for business expenses without any upfront cost, but it also gives you a powerful rewards program. You can earn rewards points or cash back on the purchases you make with your card.

These days, you’ll find that many companies are offered an introductory 0 percent APR on all purchases made with a business credit card. This enables you to make some large purchases using the card while avoiding huge interest payments.

As a business owner, you know that cash flow is important, and by avoiding interest payments on large purchases, you get to keep the cash flowing.

Many small business credit cards also allow you to get smaller cards that have adjustable limits for employees. The cards discussed below have been chosen based on their interest rates, fees and features.

Ink Cash Business Credit Card

You can get this card from JPMorgan Chase. It’s the top rated card on our list and offers great cash rebates. During each year you hold the card, you can earn 5 percent cash back on cable services, telecom services and office supplies.

You can earn 2 percent cash back on the first $25,000 spent on gas and dining. On all other purchases, you can earn 1 percent cash back. For the first 12 months, the card comes with a 0 percent APR.

After spending $3,000 during your first three months after opening the card, you can earn a $200 bonus. There is no annual fee with this card.

SimplyCash Business Card

Issued by American Express, this card actually comes with a limited time offer, which gives you a $250 statement credit after spending your first $5,000 on qualified purchases.

To get this bonus, you must spend $5,000 within the first six months of opening the card. This card lets you earn 5 percent cash back on purchase made for wireless telephone services and US office supply stores.

You also get to choose a category that lets you earn 3 percent cash back on all purchases from your chosen category. The cash back is capped at a maximum annual purchase amount of $25,000, so after you’ve spent this amount, you won’t earn any more cash back until the next year.

The SimplyCash Business card lets you earn 1 percent cash back on all other purchases. For the first nine months, you can enjoy a 0 percent APR, which rises to 12.24 to 19.24 percent afterwards. There is no annual fee for this card.

Capital One Spark Cash for Business

If you choose to get this business credit card from Capital One, you can get a $500 cash bonus if you spent $4,500 during the initial three months after opening the card. All other purchases can net you 2 percent cash back.

The cash back that you’re able to earn with this card never expires, and the amount you can earn is unlimited. There is no initial fee, but afterwards, you’ll have to pay $59 per year to hold the card.

Business Gold Rewards Card from American Express

Here is another great business credit card for personal business owners. If you spend $5,000 during the first three months of having the card, you can get 25,000 rewards points.

You can earn one point on virtually all purchases and can choose select categories that will get you up to three points per purchase on products purchased from select categories. The initial fee is $0. After the first year, you’ll have to pay a $175 annual fee.

These are a few of the best business cards for personal business owners. Some of them offer better features than others. You’ll have to decide what card works best for your business and unique situation.