Best Business Credit Cards 2023

For business owners, having business credit cards are must. These cards are specifically designed for your business and can be incredibly helpful. Not only can it make it easier to track your expenses, but it can also earn you rewards and benefits that can help your business save money. But with so many different business credit cards on the market, how do you know which one is the best fit for your business?

In this article, we’ll go over some of the top business credit cards available, including their features, benefits, and fees, to help you make an informed decision.

Best Business Credit Cards

1. Chase Ink Business Preferred

The Chase Ink Business Preferred card is a popular choice among top business credit cards for business owners who are looking for a card that offers both rewards and flexibility. 

Some key features of the Chase Ink card are:

  • Signup bonus: Earn 100,000 bonus points on spending $15,000 on purchases within the first 3 months of account opening. That’s $1,250 in travel rewards when redeemed through Chase Ultimate Rewards.
  • Rewards: Earn 3x points on travel, shipping, internet, cable, and phone services, and 1x points on all other purchases.
  • Redemption options: Points can be redeemed for travel, cash back, gift cards, and more.
  • Fees: The annual fee is $95.

One of the standout features of the Chase Ink Business Preferred card is its signup bonus. 100,000 bonus points is a generous offer that can go a long way toward covering travel expenses or other business expenses. Additionally, the 3x points on certain categories can help you earn rewards quickly, while the 1x points on all other purchases ensure that you’re earning something on every transaction.

Another benefit of the Chase Ink Business Preferred card is that it offers a range of redemption options, including travel, cash back, gift cards, and more. This flexibility allows you to choose the reward that makes the most sense for your business.

The main downside of this card is its annual fee of $95, which is on the higher side compared to some other business credit cards. However, the benefits and rewards offered by the card may more than make up for this fee, depending on your spending habits and redemption preferences.

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2. American Express Business Platinum

The American Express Business Platinum card is also one of the premium and top business credit cards that offer a range of benefits and rewards for business owners. 

Some key features of the American Express card are:

  • Signup bonus: 100,000 Membership Rewards points for the consumers on spending $15,000 on eligible purchases within the first 3 months of taking a card membership.
  • Rewards: Earn 5x points on flights and prepaid hotels booked through amextravel.com, and 1x points on all other purchases.
  • Benefits: Access to airport lounges, a $200 airline fee credit, and more.
  • Fees: The annual fee is $595.

One of the main draws of the American Express Business Platinum card is its range of benefits. Cardholders receive access to airport lounges around the world, a $200 airline fee credit, and more. Additionally, the card earns 5x points on flights and prepaid hotels booked through amextravel.com, which can add up quickly for businesses that do a lot of travelling.

The signup bonus for the American Express Business Platinum card is also generous, with 100,000 Membership Rewards points available after spending $15,000 in the first 3 months of card membership. However, the annual fee of $595 is one of the highest among business credit cards, so it’s important to weigh the benefits against the cost.

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3. Capital One Spark Cash

The Capital One Spark Cash card is a straightforward cash-back card that’s ideal for businesses that prefer simplicity. 

Some key features of the Capital One card are:

  • Signup bonus: Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.
  • Rewards: Earn unlimited 2% cash back on every purchase, with no categories to track.
  • Benefits: No foreign transaction fees, extended warranty protection, and more.
  • Fees: $0 annual fees for the first year and then $95.

The Capital One Spark Cash card is a great choice for businesses that want a simple, straightforward rewards program. With unlimited 2% cash back on every purchase, there’s no need to keep track of categories or spending thresholds. Additionally, there are no foreign transaction fees, which can save your business money if you do a lot of international travel or purchases.

The signup bonus for this card is also quite good, with a $500 cash bonus available after spending $4,500 in the first 3 months of account opening. And while there is an annual fee of $95 after the first year, the lack of other fees (such as foreign transaction fees) may make up for it, depending on your spending habits.

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4. CitiBusiness AAdvantage Platinum Select

The CitiBusiness card is best in terms of small business credit cards for businesses and people who fly frequently with American Airlines.

Some key features of the CitiBusiness card are:

  • Signup bonus: 70,000 American Airlines AAdvantage bonus points on spending $4,000 in purchases within the first 4 months after account opening.
  • Rewards: Earn 2x miles on eligible American Airlines purchases, telecommunications merchants, cable and satellite providers, car rentals, and gas stations. You can earn 1× rewards on other purchases.
  • Benefits: A free checked bag on domestic American Airlines flights for you and up to 4 companions, priority boarding, and more.
  • Fees: The annual fee is $99, waived for the first 12 months.

If your business frequently flies with American Airlines, then the CitiBusiness AAdvantage Platinum Select card can be the best card for you to earn great rewards and discounts. With 2x miles on eligible American Airlines purchases, as well as other select categories, you can earn rewards quickly. The free checked bag on domestic American Airlines flights for you and up to 4 companions can save your business a significant amount of money.

The signup bonus for this card is also quite good, with 70,000 American Airlines AAdvantage bonus miles available after spending $4,000 in the first 4 months of account opening. While there is an annual fee of $99 (waived for the first 12 months), the benefits and rewards offered by the card can make it worthwhile for businesses that frequently fly with American Airlines.

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5. Discover it Business

The Discover it Business card is a no-fee cash-back card that’s ideal for small businesses.

Some key features of the Discover it business are:

  • Signup bonus: Cashback Match – all cash back earned at the end of the first year will be matched.
  • Rewards: Earn unlimited 1.5% cash back on every purchase, with no categories to track.
  • Benefits: No annual fee, no foreign transaction fees, and more.
  • Fees: The annual fee is $0.

If you’re looking for top business credit cards that still offer rewards, the Discover it Business card can be a great choice. With unlimited 1.5% cash back on every purchase, there’s no need to keep track of categories or spending thresholds. The Cashback Match feature, which matches all cash back earned at the end of the first year, can be a great way to maximize your rewards.

Additionally, the Discover it Business card has no annual fee or foreign transaction fees, which can save your business money. While the lack of other benefits

or rewards programs may not be ideal for all businesses, it’s a great option for those who want a simple and straightforward card.

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6. Ink Business Unlimited

The Ink Business Unlimited card from Chase is a great all-around option for businesses that want a flat rewards rate and no annual fee. 

Some key features of Ink Business Unlimited are:

  • Signup bonus: Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
  • Rewards: Earn unlimited 1.5% cash back on every purchase, with no categories to track.
  • Benefits: No annual fee, purchase protection, and more.
  • Fees: The annual fee is $0.

The Ink Business Unlimited card is a great option for businesses that want a flat rewards rate on all purchases, with no need to keep track of categories or spending thresholds. And with a $750 bonus cash-back offer available after spending $7,500 in the first 3 months of account opening, the signup bonus is quite attractive.

Additionally, there is no annual fee for this card, which can save your business money in the long run. While the benefits offered by this card may not be as extensive as some of the other options on this list, the purchase protection can be a valuable feature for businesses that make a lot of purchases.

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7. American Express Blue Business Cash

The American Express Blue Business Cash card is a great option from the best business credit cards for businesses that want a simple and straightforward cash-back program. It is one of the top business credit cards which comes with lots of features.

Some key features of the American Express blue business card are:

  • Signup bonus: None.
  • Rewards: 2% cash back on all eligible purchases up to $50,000 in the first year and then $1.
  • Benefits: No annual fee, 0% intro APR on purchases for 12 months, and more.
  • Fees: The annual fee is $0.

The American Express Blue Business Cash card is a great choice for small business credit cards for businesses that want a flat rewards rate on all purchases, with no need to keep track of categories or spending thresholds. And with 2% cash back available on all eligible purchases up to $50,000 per calendar year, the potential rewards can add up quickly.

Additionally, there is no annual fee for this card, which can save your business money in the long run. The 0% intro APR on purchases for 12 months can be a valuable feature for businesses that need to make large purchases and want to avoid paying interest.

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Conclusion

Choosing the best business credit cards can be a great way to earn rewards, save money, and streamline your business expenses. Whether you’re looking for a card with a high rewards rate, no annual fee, or travel benefits, there are plenty of great options available.

As you consider which business credit cards are best for your business, be sure to think about your spending habits, travel needs, and overall financial goals. Remember to read the fine print carefully, including the fees, rewards programs, and other benefits offered by each card.

By choosing the top business credit cards, you can help your business thrive and achieve its financial goals.

Best Business Credit Cards 2023

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