Introduction:
Credit cards are the backbone of online
businesses. They enable you to collect money from customers and make purchases
without giving up a piece of your equity. If you’re an online merchant or
thinking of starting one, credit card offers are important. There are many
different types of credit cards. Here is a list of 6 best credit cards for
online businesses:
If you’re an eCommerce business owner, getting
your hands on the right credit card can be costly and time-consuming. The six
best cards for online businesses are easy to understand — and beginner
friendly. Read this article to see them all. A lot of small businesses can use
credit cards to expand their business. The best part is that most credit cards
offer an introductory special worth hundreds of dollars. Let’s take a look at 6
top credit cards for small businesses.
The American Express Business
Gold Card.
The Business Gold Card from American Express is
the premier business credit card for those who want to charge their expenses
and earn rewards. The card offers 2X points on purchases made directly with
Amex (excluding travel and shipping), 1 point per dollar spent on all other
purchases, and 1 point per dollar spent on select airline tickets purchased
directly through American Express.
The card also offers a $200 annual travel credit
when you charge at least $3,000 in eligible expenses to your card account in a
calendar year.
The Business Gold Card from American Express is
one of the most flexible credit cards out there. With no annual fee and no
foreign transaction fees, it’s a great choice for business owners who travel or
need to make frequent purchases abroad.
The American Express Business Gold Card is a
travel rewards credit card that offers 1.5 points per dollar spent on airline
tickets, car rentals, and hotels. It also gives you access to some attractive
sign-up bonuses.
The one-time bonus of 50,000 points when you
spend $5,000 within three months of opening your account makes it a good option
for frequent travelers who want to earn extra miles on their spending. The card
also offers access to an annual companion pass for up to five people, which
could be useful if you’re traveling with family or friends.
With this card, you can earn at least three
times the number of rewards points from other cards as well as extra perks like
automatic Gold status at Amex’s hotels around the world, free checked bags for
one on certain airlines (with some restrictions), and more.
The annual fee is $550, but it comes with plenty
of benefits — including free membership in the Centurion level of Membership
Rewards — so it’s still worth considering if you plan on using this card at
least once or twice a year.
Capital One Spark Cash for
Business Card.
The Capital One Spark Cash for Business Card is
a low-cost credit card for small businesses and entrepreneurs. The card offers
2 percent cash back on all purchases, no annual fee, and a minimum $1,500
credit line.
Capital One’s Spark cash back rewards program
gives you a chance to earn 1.5 percent cash back on all purchases, including
those made with your Capital One Spark Cash for Business Card. There are no
annual fees or foreign transaction fees associated with this card.
The Capital One Spark Cash for Business Card
provides a competitive rate of interest because it’s issued by Capital One
Bank, which holds an A+ rating from Bauer Financial. This means that you’ll
enjoy low rates on your loans regardless of your credit score.
Capital One Spark Cash for Business Card
The Capital One Spark Cash for Business Card is
a business credit card that’s designed for small to medium-sized businesses. It
comes with all the benefits of a standard card, including rewards and cash
back, but it also offers an impressive suite of perks that make it a great
choice for any business owner.
For starters, the card comes with an annual fee
of $0 and no foreign transaction fee. As you’d expect from a business credit
card, there are also no additional fees or interest charges on purchases made
in the first 60 days after opening your account.
What’s more, you can earn cash back at different
rates depending on how much you spend each month. There are three categories:
spending at grocery stores, gas stations, and drugstores; spending on dining
out; and shopping online at Amazon and Walmart. You can redeem those rewards
points toward free flights through Chase Ultimate Rewards® (1:1 ratio).
Capital One Spark Cash for Business Card is a
card that you can use to get cash back on your business expenses. The rewards
are good, and the card has no annual fee.
The card offers 2% cash back on every purchase
you make with it, up to a total of $5,000 per quarter.
On top of that, there are no foreign transaction
fees or balance transfer fees on this card. This means that you don’t have to
worry about paying extra fees for using the card overseas or transferring money
from one account to another.
One of the things that makes this card stand out
from others is its application process. It’s easy to get approved for this card
if you have a small business and want to use it for your expenses. You’ll need
only an online application form and some basic information about yourself as
well as your business.
Ink Business Preferred credit
card from Chase.
The Ink Business Preferred card from Chase is a
good choice for any business owner who wants to earn big bonuses on their
purchases. The bonus is tied to your spending and can be as high as $500. Plus,
you can earn up to $300 in airline travel credits every year, which could help
you save money on flights or other travel expenses.
The Ink Business Preferred card also offers
excellent customer service and rewards-tracking features that make it easy to
track your spending and manage your account.
The Ink Business Preferred credit card from
Chase is one of the best business credit cards on the market. The card offers a
generous sign-up bonus of 50,000 points that you can use at any time, with no
annual fee and no foreign transaction fees.
In addition to this offer, there are other
benefits that make this a great card for those looking to earn rewards on their
purchases. The Ink Business Preferred offers up to $200 in travel credits
annually, which can be used toward airline tickets, car rentals, or travel
expenses. You also get access to a host of other perks including trip
insurance, roadside assistance, and more.
The Ink Business Preferred also comes with some
nice perks that don’t come standard with most other cards. These include $100
in statement credits when you make a purchase of $1,000 or more per month; a
$37 airline fee credit for reimbursed baggage fees; 10% back on internet
service purchases; and 2% cash back on office supply and gas station purchases
(up to $5,000 per year).
The Ink Business Preferred credit card from
Chase is a great choice for business owners who want to earn a high-reward
bonus and pay no annual fees.
This card offers a sign-up bonus of 50,000
points after you spend $5,000 within the first 3 months. That’s worth $750 in travel.
You also get 5X points on airline tickets, hotel stays, and car rentals — so
you can get $500 (or more) in travel deals when you use your card to book those
purchases. And there are no foreign transaction fees on this card, so you don’t
have to worry about getting hit with extra costs while traveling abroad.
The annual fee on the Ink Business Preferred is
$95, which includes all the benefits of the card. However, there’s no foreign
transaction fee if you use it overseas — so it’s still a good deal even though
you won’t be earning any rewards points when making purchases outside the U.S.
American Express Business
Blue Cash Everyday Card.
The Blue Cash Everyday Card from American
Express is a cash-back rewards credit card that offers the highest cash-back
rewards rate among major card issuers. The card pays up to 6% cash back at
supermarkets and 3% cash back at U.S. gas stations, plus 1% cash back on all
other purchases.
The Blue Cash Everyday Card comes with a $300
annual fee, but it’s offset by an introductory offer of 0% APR on purchases and
balance transfers for the first 15 months — so you’ll pay no interest if you
make any qualifying purchases or transfers during that time frame.
The American Express Business Blue Cash Everyday
Card is a cash-back card that earns you 1.5% cash back on all your purchases,
with no annual fee.
The card comes with 2% cash back at U.S.
supermarkets on up to $6,000 in combined eligible net purchases each year, and
1% cash back on all other purchases.
However, there are some caveats:
You can only redeem for statement credits, not
for gift cards or merchandise; and
You can only redeem for statement credits if you
pay at least the minimum payment by the due date each month.
The American Express Business Blue Cash Everyday
Card is a cash-back reward credit card that earns its users 1% cash back on
every purchase. That’s not the only reason to get this card. Its other perks
include:
Free FICO score. The Blue Cash Everyday Card is
the only card that will give you access to your FICO score, which measures your
creditworthiness in three major categories: payment history, credit
utilization, and new credit. You can see how you’re doing as well as see how
other companies see you with your FICO score.
No annual fee for the first year. This is one of
the few cards that does not charge an annual fee for the first year. After
that, it will charge $75 per year for each additional year of membership.
No foreign transaction fees at the airport or
when traveling abroad (traveler’s checks are accepted).
Earn 5% cash back on purchases from American
Express travel partners like Southwest Airlines and United Airlines.
Capital One Spark Miles For
Business Credit Card.
The Capital One Spark Miles For Business Credit Card
is a great card for business owners and small businesses. The card offers a
2.9% back on all purchases, with no annual fee and no foreign transaction fees.
It also has an introductory APR of 12 months at 0% APR.
Capital One Spark Miles For Business Credit Card
is a business credit card from Capital One that offers unlimited 2X miles on
every purchase. The card also has an annual fee of $0.
The best part about this card is that you can
earn more rewards if you have the Capital One Travel Rewards credit card. You
will get 3X miles for every dollar spent on travel purchases made directly with
airlines, hotels, and car rental agencies.
A Capital One Spark Miles For Business Credit
Card is ideal for small businesses that want to earn rewards points on their purchases.
The credit card has no annual fee and comes with a sign-up bonus of 20,000
bonus miles after you spend $3,000 on the card within the first three months.
It’s also free to use at Capital One’s online banking or mobile banking apps.
The best part about this credit card is that it
earns miles that can be redeemed for airline tickets and other travel rewards.
You also earn 1 mile for every dollar you spend with this card, which means you
can easily rack up some extra miles if you regularly use it as your primary
credit card.
Your mileage earning rate will depend on how
much money you spend per month, but it starts out at one mile per dollar spent
and increases by 1 mile if you make additional purchases within a billing cycle
(every month).
Chase Ink Business Unlimited
Credit Card.
Chase Ink Business Unlimited Credit Card is a
charge card that offers a variety of benefits, such as rewards points, cash
back, and travel protections. You can use the card to pay for purchases and
you’ll earn cash back on purchases. The card also comes with an annual fee of
$0 and no foreign transaction fees.
The Chase Ink Business Unlimited Credit Card
offers a 0% introductory APR for 15 months on purchases and balance transfers.
After that, the APR for new purchases and balance transfers is 16.49% – 25.49%.
There are no fees for late payments, but there are fees for returning items
purchased with the card or making unauthorized charges to your account.
Chase Ink Business Unlimited Credit Card
Chase Ink Business Unlimited Credit Card is a
card that gives you the benefits of a premium credit card but without the
high-interest rates. With this card, you can earn 5X points at office supply
stores and 2X points on cellular phone, landline, and internet purchases. And
if you use your card to pay your monthly cell phone bill, you will receive an
annual $400 cell phone credit.
The Chase Ink Business Unlimited card also comes
with a flat-rate cashback of 5% in categories that change annually and 1% cash
back on all other purchases. The Chase Ink Business Unlimited card does not
come with an annual fee and has no foreign transaction fees. Chase.
The Chase Ink Business Unlimited is a versatile
card that can be used for small business expenses, but it also has a few
limitations. It’s best for businesses with lower credit limits and higher
credit utilization.
The card has no annual fee, but you’ll have to
pay an annual fee that ranges from $95 to $299 depending on your credit score
(it’s the same amount whether you have or don’t have this card).
You’ll get 2X points per dollar spent on
purchases made at office supply stores and 1 point per dollar spent on all
other purchases. There are also no foreign transaction fees for this card,
which means you can use it globally.
This card is ideal for small to mid-size
businesses, especially those that do not have many employees. It is one of the
best general-purpose business cards on the market, giving you all the benefits
of a big brand card with none of the price tags.
You’ll enjoy all the benefits of a Chase Ink card,
including:
No annual fee.
Complimentary Travel Protection and Concierge
service.
You’ll also get access to their Global Assist
24/7 travel assistance, which includes booking flights, hotels, and car rentals
for you.
Conclusion:
This post has given you the rundown of 6 credit
cards with 0% APR on transactions, rewards that help run your online business,
and the transparency to keep an eye on your spending. We hope this guide will
be a useful starting point to see where you can find the best plastic for your
business.
The bottom line is this: For online businesses,
credit cards are a very valuable resource. Rather than simply writing off these
business expenses as cash outlays (or worse, ignoring them altogether and
hoping for the best), online businesses should do the proper research into
which card best suits their needs. So before you fill out that application,
take some time to consider what you’ll be using it for first. That way you’ll
be able to better evaluate whether a card like the Blue Business Plus or The
Amex EveryDay Preferred Card is right for your business.