Which Business Credit Card is Best For Your Business?

which business credit card is best

When it comes to choosing a business credit card, there are many options to choose from. These include Chase Ink Business Cash, American Express Business Gold Card, and Brex. Each of these offers a unique set of advantages for businesses. For instance, the Chase Ink Business Cash card is an excellent option for those looking to get a low-interest rate, while the Brex offers a no-fee, low-interest business line of credit.

American Express Business Gold Card

The American Express, Business Gold card is an excellent option for travel business owners. It offers high rewards in some of the most important categories. In addition, it has some lesser-known benefits.

You can earn 4x points on your most common business purchases. But you need to spend a certain amount each month to qualify. For example, you’ll need to pay $300 in four monthly categories. And you can’t take advantage of your bonus if you don’t meet this spending requirement.

In other words, you’ll need to spend a little money on the American Express Business Gold Card each month to rack up your points. On top of that, the rewards aren’t nearly as generous as those of the Amex Business Platinum Card.

Chase Ink Business Cash(r) Credit Card

Chase Ink Business Cash is one of the best business credit cards you can get. It offers an impressive rewards rate and is perfect for business owners who want to maximize every purchase.

The card is ideal for freelancers, side hustlers, and businesses that make many purchases in categories with the highest cashback rates. For instance, if your company spends a lot of money on gas and restaurants, this card will benefit you.

The card also provides additional benefits such as roadside assistance and purchase protection. Additionally, you can pool your points with another Chase Ultimate Rewards card.

One of the main benefits of the Ink Business Cash card is its low annual fee. This is lower than most new credit card offers.

Capital One Spark Cash Plus Credit Card

If you are looking for a credit card that pays you back for your business purchases, the Capital One Spark Cash Plus is a great option. Not only does it offer a generous sign-up bonus, but it also gives you unlimited flat-rate cash back on all your business expenses.

The most significant advantage of this card is that you don’t have to worry about spending caps. You can spend as much or as little as you want on the card if you pay it off each month.

Another notable feature of the Capital One Spark Cash Plus is that you can redeem your rewards anytime. This is a great feature, especially for those who like to travel.

Brex

Henrique Dubugras and Pedro Franceschi created the Brex business credit card to help small businesses secure funding. These two men realized that many small companies had difficulty getting financing from traditional banks.

To start, a business owner must fill out an application and provide a bank account and employer identification number. Once approved, the physical card will arrive within three to five business days.

Unlike other cards, the Brex Card doesn’t charge an annual fee. It also includes expense management tools. This allows the business owner to keep track of team spending and pay vendors.

The Brex business credit card offers a range of features and benefits that can make it a good choice for any business. There are a few things to keep in mind, though. One of the most important is the amount of money a company can spend on it.

Divvy

The Divvy business credit card is a flexible card that offers many rewards. These rewards can be redeemed for cash, statement credits, travel vouchers, and more.

The Divvy card also offers 24 hours of customer service. This makes it easy to handle vendors’ questions. Also, the Divvy platform simplifies expense reporting.

In addition, Divvy cards offer discounts and promotions with partner companies. You can use these discounts to get a good deal on purchases. There are also no annual fees.

Divvy’s business credit card is ideal for startups and small businesses. It also offers a rewards program for responsible usage. Unlike traditional cards, the rewards program only applies to business expenses.

When applying for a Divvy business credit card, you must be a for-profit registered company. You must provide your social security number, business address, and general financial information. If you are approved, you can set your credit limits.