Business Credit Cards

Small Business Credit Cards

Small businesses will be interested in finding a credit card with no annual fee and exceptionally competitive interest rates. Making sure the bonus rewards align with the normal purchases of the small business is going to be critical. Business credit cards allow cardholders to earn bonus rewards through gas purchases, shipping, office supply purchases, advertising, and other business-specific charges. Because small business budgets can be tight at times, finding small business credit cards that assign bonus rewards for everyday business purchases like these can be extremely valuable.

The best small business credit cards will have competitive interest rates, minimal fees, and will offer substantial bonus rewards for office supplies or other common small business purchases. The ability to have multiple credit cards on the same account will be useful, as will complimentary benefits like roadside assistance, extended warranties, purchase protection, and fraud liability. Cash back will always be an appreciated redemption option, but similar to corporate credit cards, diverse redemption opportunities will be most beneficial. Ultimately, small business credit cards should help the company save money in every way possible and empower it to accomplish its objectives.

Corporate Credit Cards

The credit card needs of corporations or other large organizations will be diverse. To begin with, corporations will likely have higher credit limits and will need the ability to add multiple credit cards to the same account without excessive charges. Corporations will also be less worried about annual fees and more interested in ensuring that rewards categories aren’t being capped at a low limit. Travel will be more common with corporations, so earning bonus rewards for airline tickets, hotels, rental cars, and other travel-related purchases while avoiding high foreign currency transaction costs will be appreciated.

The best business credit cards for corporations will include a variety of additional benefits like travel insurance, car rental insurance, and fraud liability. In addition, a 24/7 concierge program can be a useful resource for getting an important client access to an exclusive event. Some corporations allow employees to keep and redeem bonus points earned through flights and other purchases. Other organizations will pool all the points and redeem them in ways beneficial to the organization. In either situation, a rewards program with broad redemption opportunities will be advantageous.