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Most frequent flyer programs nowadays earn miles based on how much you pay for a ticket rather than how far you’ve flown. You could get an additional 2 miles per dollar spent by buying the ticket with the airline’s credit card. For hardcore travelers, top-of-the-line cards with annual fees well over $500 may offer all of the above plus VIP service, access to the airline’s airport lounges and other luxury perks. The Citi Double Cash® Card is one of a few cards that offers a flat 2% back, or you could consider a card that offers bonus categories for increased rewards, as long as you spend in those regularly. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site.
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If you’re a loyal patron of a specific hotel brand, this type of credit card may help you achieve a higher status or provide the occasional discount or free stay. Forbes Advisor reevaluates the best rewards cards at least every six months to determine if any cards need to be added and/or removed. However, the list could be updated sooner if significant changes are made to the mentioned cards or if a new credit card is announced that’s likely to impact the category. While it’s easy and free to check your personal credit score, the process with a business credit report requires jumping through a few more hoops. You can check your business credit score through free services that send alerts when your score or report changes.
Most cards reward flights, hotels, or rideshares, but some also give higher rates on dining, groceries, or streaming. The key is matching the card to your spending habits rather than chasing the “best” card. We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you’re getting the best rewards card recommendations. Our aim is to maintain a balanced best-of list featuring top-scoring rewards credit cards from reputable brands. ‘Best for’ category selections on this page are determined by our editors, and a single card may be recognized in multiple categories.
- Each card on this list was carefully selected by our team of experts to help our readers get the most out of their spending.
- And for travel rewards, we recommend Capital One Spark Miles Select for Business.
- While generally a business credit card may not impact your personal credit, there are exceptions, and issuers may consider your personal credit score when you apply.
- The 5% and 2% bonus categories are each limited to $25,000 in spending per year (not counting Lyft), but that adds up to $1,750 per year – maybe enough for employee perks.
- However, always ensure you can meet the minimum spending requirement through your regular business spending.
- To get the most out of your card, be sure to pay your statement balance on time each month to avoid interest.
See what perks and benefits your business is looking for and if the card you’re looking at is the best fit for your business spending. You can use our guide above to help you see which card is the best for your business. The Atmos Rewards Visa Signature Business Card offers solid value for Alaska and Hawaiian Airlines flyers. It offers the opportunity to earn two Companion Fares (one upfront, one annually), triple points on eligible airline purchases and a suite of travel perks that can easily outweigh the modest annual fee. If you’re looking for a simple business card that earns unlimited cash back and offers some business perks, consider adding the Capital One Spark Cash card to your wallet.
A flat cash-back card can help you still earn rewards without having to worry about spending categories.
This card offers 3x points on all eligible bra purchases, an annual birthday gift and provides insider access and invitations to events throughout the year. You will receive exclusive reward offers just for cardmembers and free shipping on all orders that include bras when using the JUST4ANGELS promo code and your Victoria’s Secret Angel Credit Card. The Buckle Credit Card offers 10% off your first purchase, but only earns 1 point per dollar spent in their rewards program. For every 300 points earned in select earning periods, you earn a $10 B-Rewards card that best cash back business credit cards of november 2021 expires within 5-7 weeks depending on your status.
Best Small Business Credit Cards for No Annual Fee
That’s because it’s dangerous to carry a balance from month to month with most business cards. They don’t have the same user protections as consumer cards, so credit card companies can increase the interest rate applicable to a business credit card balance at any time. And if you’re not going to carry a balance, you’ll want to compare cards mainly based on their rewards and annual fees. The Chase Freedom Unlimited® (see rates and fees) is not a flat rate card, and instead offers higher rates of rewards depending on the spending category. The card offers 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, then 1.5% on all other purchases. While the 1.5% back on purchases is slightly higher than average, it’s still below the flat 2% earned by other cards.
Best Credit Cards for Airline Rewards
One of the best cash back corporate credit cards is the PNC Commercial Rewards Card®, which offers 1.5% cash back on qualifying purchases. Corporate cards are typically only issued to large corporations with $10+ million in annual revenue, though there are several business cash back cards available to smaller companies. The Chase Ink bonus categories for rewards include office supplies, travel, and purchases at gas stations and restaurants, depending on the Chase Ink card.
To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards. The welcome offer is one of the highest on this list, assuming you can reach the correspondingly high minimum spending requirements. Additionally, the annual fee is refunded each year your business charges at least $150,000 in purchases on the card. Use a credit card at a different store to buy a gift card for that first store, earning rewards on the gift card purchase instead. But watch out, because some cards have terms that prevent you from earning rewards on gift cards. A construction company will almost always have department business cards with Lowe’s and Home Depot.
Other factors, such as our proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Whether your credit card rewards expire depends on the card and the rewards program. In most cases, rewards do not expire as long as your account is active — meaning, you are using the card for purchases at least occasionally. Some programs require you to redeem your rewards within a certain time frame, but that’s becoming more and more rare. Hotel credit cards provide perks such as elite status, free nights and more while also allowing cardholders to earn branded points they can redeem for additional stays.
Balance Transfer Fee
If you’re looking for your first business credit card, you probably want a card with a low annual fee or possibly no annual fee. All the cards listed in this guide charge no more than $99 per year, which is ideal for small businesses just starting up. The good news, however, is that there are a number of credit cards—with 0% intro APR periods, competitive bonus offers, and other rewards—that will make it less expensive to carry a balance. This is another $0-annual-fee card, so I’d recommend pairing it with another card, either a cash back or points card, that offers complimentary bonus categories or a higher flat rewards rate. In addition to analyzing each card’s cash back rate, we also looked for cards that had something else to offer business owners. For example, we looked at each card’s welcome offer, annual fee, credit profile, and other perks.
- What someone is looking for in a $0 card is different from what they’d expect in a $100 card or a $650 card, so different fee tiers are assessed differently.
- Some information, like details on the rewards program, is usually clearly described by the credit card company.
- Information, including rates and fees, is accurate as of the publishing date and has not been provided or endorsed by the advertiser.
- Plus, you can also earn $1,000 for spending $10,000 in the first 3 months, which easily covers the cost of the card’s $195 annual fee.
The following guide to business credit cards draws on several industry rankings and reviews of the best options from multiple publications, including Forbes. You will find cards that offer cash back rewards, others that offer no fees, and more. Keep in mind that the specific credit limits and terms you receive from a lender will vary depending on your business’s financial and credit situation. The straightforward savings from business credit cards earning cash back can significantly reduce operational costs. Additionally, the top cash-back business credit cards may feature perks such as 0% introductory APR periods, no annual fee and even cellphone insurance. Though you’ll need to weigh your options, you should have no trouble finding a card to suit your business.
To help you with your search for the right card, we’ve provided our top picks based on rewards rates, bonus offers, and other features that might make them a good fit. So while cards like Chase Sapphire, Chase Freedom, and Citi Double Cash are great for personal spending, we recommend using the credit card picks above for your business needs. Chase’s Ink Business Cash Credit Card is our favorite card for small-business owners. It’s got an impressive rewards program, few fees, and decent interest rates. Brooklyn leads the content team behind product reviews and ratings at Motley Fool Money, ensuring readers get well-researched, expert-backed insights to make smarter financial decisions.
In our research, we identified two well-regarded options for business credit cards offered by credit unions. However, we could not find the estimated credit score required for these cards. Keep in mind that you will generally have to become a member of the credit union to use one of their credit cards, so we have covered membership rules in our review as well. The Capital One Spark Cash Plus (rates & fees) offers a flat 2% cash-back bonus on your purchases, making it one of the easiest ways to earn hassle-free rewards on a business credit card. But this particular 2% credit card may be a good fit for businesses with high spending, as there’s no preset spending limit.
Many credit card rewards points work on a similar scale, with 1 point equal to 1 cent. However, some specific reward redemptions may be worth 1.5 cents or more, and some may be worth less than 1 cent each. Airline miles are usually worth about 1 to 1.5 cents each, and hotel points are usually on the lower side of 0.5 to 0.8 cents each—though these will vary depending on your individual redemptions. At this stage in my life, my favorite rewards card is the Citi Strata Premier® Card. It earns triple points in a wide variety of categories that overlap with my normal spending habits, and points can be transferred to travel partners that make sense for my needs.
Travel rewards cards earn points or miles through programs like Chase Ultimate Rewards, Capital One Miles, or Amex Membership Rewards. They typically reward travel-related spending — flights, hotels, rideshares, or dining — with higher rates and are most valuable when redeemed for travel. Many programs let you transfer points to airline or hotel loyalty programs for even more value. Travel cards often include perks such as travel insurance or airport lounge access. If you frequently spend money at supermarkets, on transit, gas and EV charging stations and want to earn Citi ThankYou points without having to pay an annual fee, the Citi Strata should be in your wallet.