Ultimate Guide to Business Credit Cards in 2019

Best Business Credit Cards 2018

The Best Business Credit Cards for 2019:

If you run your own small – or big – business, it might be time to consider getting yourself a business credit card. Business credit cards are, as the name implies, meant for businesses to use rather than individuals. They’re great to help you build credit for your business so that you can build a credit profile to improve future borrowing terms. Here are some results for the best credit cards for business in 2019.

Before we go over what the best business cards are for 2019, let’s spend a bit of time breaking down the benefits of signing up for a business card.

 

Basically, business credit cards can be a great way to itemize your expenses. They also come with all of the conveniences that come with credit cards, but instead of putting everything on your personal card, you can now separate personal expenses from professional ones. That comes particularly in handy for accounting purposes and when you are filing your taxes.

Business credit cards also provide an easy way for your employees to make purchases. It also helps you, as their manager, to monitor their business expenses.

Beyond that, business credit cards often offer unique benefits that are meant to encourage their users to continue using them. Some business incentivizes shopping at stores where businesses are likely to shop, such as office supply stores. Others will offer great travel perks that will help you feel like you’re paying yourself back when you book your next flight. Finally, business cards may also offer more flexible repayment terms, which is specifically meant for businesses whose cash flow might be somewhat hard to predict.

So, now that we know what makes business credit cards so attractive, let’s break down the best credit cards for your specific business needs on the market right now.

Best for Big Business

The best card on the market for big businesses is the American Express Business Platinum Card. The annual fee for the Business Platinum card in $450 a year. Their rewards include 1.5X points on each eligible purchase of $5,000 or more – you can earn up to 1 million additional points per year.

Once you’ve got your points, you can redeem them for flights, hotels, resort stays, and the ability to purchase items from many of your favorite brands, restaurants, and retailers.

The best way to take advantage of this card’s offers is to use it to book all of your business trips through the AmEx travel site. That way you will be able to pay with points to get 35% points back.

The card also offers the opportunity to take advantage of car rental upgrades, airline upgrades, complimentary Wi-Fi, and access to American Express Global Lounge access.

Best for Small Business

The best car for small business orders is also a part of the American Express family. If you’re a small business owner, consider the American Express SimplyCash Plus Business Credit Card.  This show offers 5% cashback on wireless phone service and another 3% back on the category of your choosing. Another benefit of this card is that there is a 0% annual fee.

Why this card is so great for smaller business is not just because of its low-maintenance requirements, but also because it offers the freedom for you to get points on the exact kind of expenses you make.

To get the most out of this card for your small business, use it to pay for all of your internet and wireless phone services. Beyond that, analyze past and upcoming expenses to choose your rewards that align with your business plans. That way, you’ll be getting the most out of this card in more ways than one.

Best for Big Expenses

If you’re in the business of spending money to make money, you should consider signing up to use the Ink Business Cash credit card offered by VISA. Right now, you can get $500 cash back for signing up and meeting the expense requirement within the first three months. You will also enjoy their $0 annual fee. As far as rewards go, this card has %5 cash back on select business expenses and 2% cash back on gas and restaurant expenses.

Another added benefit of this card is its high credit limit. The card’s $25,000 spending cap should be more than enough for your small business regardless of how many expenses you’re making.

The best way to use this card is to use it for all costs that fall into your bonus categories. It is also useful to use it for all your big purchases in the first three months of owning the card so that you can ensure that you get your $500 cash back.

Best for Domestic Travel

If you’re spending a lot of your time traveling from by car around your city, state, or region, a card to consider is definitely the Bank of America Business Advantage Cash Rewards Mastercard credit card.

This card offers 1% cashback on all purchases, 2% back at restaurants, and 3& cash back at gas stations and office supply stores.

The best way to use this card is to use a Bank of America checking account and use it for all expenses that apply to the card’s rewards. The rewards are not capped on this card and do not expire so you can get a lot out of your expenses.

Best for International Travel

One of the best cards on the market for international travel is the Bank of America Business Advantage Travel Rewards World Mastercard. This card offers 1.5 points for ever $1 spent on all purchases. It also gives back 3 points per every dollar spent on transportation booked through the Bank of America Travel Center. Their current offer is also quite a bargain. You get 25,000 bonus points – worth $250 in statement credits – if you spend just $1,000 in the first 60 days of owning the account.

The way to get the most out of this card is to book all of your travel at the Bank of America Travel Center. Also, because you get a point for every dollar spent on the card, you can also work to use this card for all your business purchases to maximize your earning capability.

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