Most business credit cards feature attractive sign-up bonuses, usually worth $500 or more. The trick is to find the bonus within your natural spending limits. While many cards offer free cash back, others charge an annual fee, and the best ones include a range of extras. For example, Capital One Venture Rewards® Business Card offers a $300 statement credit after spending $3,000 on the card in the first 90 days. This card also offers 3% cashback on purchases and no annual fees, as well as 2% dining rewards.
Manageable Monthly Expenses:
Using a business credit card is a great way to make your business expenses more manageable. Many of the best business credit card bonus offer signup bonuses of up to $1,000 and eliminate the need to write checks for business expenses. Typically, these cards have a low spending limit and no annual fee. Ultimately, the best business credit card offers rewards and serves your needs. Consider all of your options before signing up for a new card. And remember to always pay your bills on time to avoid incurring interest charges.
Check Business Credit Score:
Before applying for a business credit card, check your business’s credit score. Some issuers will consider your business’s credit score when determining the interest rate and signup bonus. If your business has good or excellent credit, it’s important to check your business’s score before applying for a card. However, if you have bad or moderate credit, you’ll want to consider other factors, such as the sign-up bonus, annual fee, and fees. Regardless of your financial status, choosing a business credit card is a wise investment.
If you spend money on a business credit card every day, look for one that offers bonus points where you spend most of your time. Some business credit cards only offer bonus points in certain categories, while others offer flexibility to maximize your purchase activity. For example, JetBlue Business Card is unique in that it offers a secondary sign-up bonus once you complete your first transaction. Some cards even allow you to earn double or triple points on a specific purchase category.
Great Options for Business Owners:
Despite these differences in terms of benefits, a business credit card is still a great option for many people. These cards can help business owners achieve their financial goals by building up a good credit history and paying for day-to-day expenses. Those with the greatest spending habits will benefit from these benefits. If you are looking for a business credit card with perks that you’ll love, the best option is one that offers a signup bonus.
Some business credit cards offer bonuses to those who use their card for personal purposes. In addition to rewards, the best business credit cards offer additional benefits. The benefits of using a business credit card include discounts on office supplies, tools, and airport lounge access. These features are important to a small or medium-sized company. While personal use of a business credit card is not uncommon for a small business, it is better to keep it separate from a personal one.