As a small business owner, having a credit card can be incredibly beneficial. It allows you to keep your business expenses separate from your personal finances, track your spending, and earn rewards. But with so many options out there, it can be difficult to choose the best one for your business. In this article, we will take a look at some of the top small business credit cards for 2023 .
Chase Ink Business Preferred Credit Card
The Chase Ink Business Preferred Credit Card is a great option for small businesses. It offers a sign-up bonus of 100,000 points after spending $15,000 in the first 3 months. You can earn 3 points per dollar spent on travel, shipping, internet, cable, and phone services, and advertising purchases made with social media sites and search engines. Additionally, you can earn 1 point per dollar spent on everything else. This card has a $95 annual fee.
American Express Blue Business Cash Card
The American Express Blue Business Cash Card is a great option for businesses that want cash back rewards. This card offers 2% cash back on all eligible purchases up to $50,000 per calendar year. After that, you will earn 1% cash back. This card has no annual fee.
CitiBusiness/AAdvantage Platinum Select World Mastercard
If you are a frequent traveler, the CitiBusiness/AAdvantage Platinum Select World Mastercard is a great option. It offers a sign-up bonus of 70,000 American Airlines AAdvantage bonus miles after spending $4,000 in purchases within the first 4 months of account opening. You can earn 2 AAdvantage miles per dollar spent on eligible American Airlines purchases, telecommunications, car rental merchants, and at gas stations. Additionally, you can earn 1 AAdvantage mile per dollar spent on everything else. This card has a $99 annual fee, but it is waived for the first year.
Capital One Spark Cash for Business
The Capital One Spark Cash for Business card offers unlimited 2% cash back on all eligible purchases. It also offers a one-time $500 cash bonus after spending $4,500 in the first 3 months. This card has a $95 annual fee, but it is waived for the first year.
There are many great small business credit cards out there, each with its own benefits and rewards. When choosing a card, consider your business needs and spending habits. Look for a card that offers rewards that align with your business expenses. Additionally, pay attention to annual fees and interest rates. By choosing the right card, you can earn rewards and save money for your business.