Business credit cards are an essential tool for startups and new ventures. They give entrepreneurs access to credit and rewards that can help kick-start their businesses. Whether you’re just starting or expanding your experience, various business credit cards are available to meet your needs. This blog post will help startups and new ventures discover the best business credit cards to fit their needs.
American Express Blue Business CashTM Card
The American Express Blue Business CashTM Card is an excellent choice for startups and new ventures looking for a business credit card with no annual fee. With this card, you can get up to 2% cash back on eligible purchases up to $50,000 per calendar year. After that, you will receive 1% cash back. This cashback can cover travel expenses, buy office supplies, or help your bottom line. Plus, you can take advantage of flexible payment options to pay over time with the Pay It Plan ItSM feature.
The Blue Business CashTM Card offers an introductory 0% APR on purchases for the first 15 months. After that, your APR will vary between 14.49% and 21.49%, depending on your creditworthiness. Additionally, you can receive statement credits to cover Apple purchases of up to $200 annually for each card member year.
Finally, the American Express Blue Business CashTM Card provides additional benefits, such as access to the American Express® Membership Rewards® program, fraud protection, car rental loss damage insurance, extended warranty protection, and purchase protection.
Capital One® Spark® Cash for Business
Capital One® Spark® Cash for Business is a great credit card option for startups and new ventures. This card offers a generous rewards program with cashback rewards on all purchases with no restrictions or categories. You can earn unlimited 2% cash back on all purchases, with no limits on how much you can make—additionally, a one-time bonus of $200 when you spend $3,000 in the first three months. The Capital One® Spark® Cash for Business also has no annual fee and provides valuable additional perks like extended warranty protection, purchase assurance, and fraud liability protection.
Regarding rewards, Capital One® Spark® Cash for Business offers a generous program that allows you to track your earnings quickly. You will also be able to redeem your rewards at any time with no minimums or restrictions. The card also includes an introductory APR period of 0% on purchases and balance transfers for the first nine months.
For business owners looking for a flexible rewards program with no annual fee, the Capital One® Spark® Cash for Business is a great choice. This card will benefit many businesses and entrepreneurs with its competitive rewards program, extended warranty protection, and purchase assurance benefits.
Ink Business PreferredSM Credit Card
The Ink Business PreferredSM Credit Card is among startups’ and new ventures’ most popular credit cards. It is offered by Chase and provides businesses with some great perks. The card offers an introductory offer of 80,000 bonus points when you spend $5,000 on purchases in the first three months from account opening. This bonus can be redeemed for $1,000 cash back or $1,250 in travel rewards.
The card also offers up to three times the points for every dollar spent on select business categories such as travel, shipping, internet, cable, and phone services. There is no annual fee for the first year; after that, it’s just $95 annually. You can also access exclusive benefits such as extended warranty and purchase protection. Plus, there are no foreign transaction fees.
This is an excellent option for businesses that want to earn rewards quickly. With the rewards program, companies can maximize their spending power with the ability to earn points on every purchase. In addition, the additional perks make it even more attractive. With no foreign transaction fees and great travel benefits, the Ink Business PreferredSM Credit Card is an excellent option for startups and new ventures.
Chase Ink Business UnlimitedSM
The Chase Ink Business UnlimitedSM is an excellent option for startups and new ventures looking to finance their business needs. This card offers 1.5% cash back on all purchases, with no limit or expiration date. It also provides an introductory 0% APR on purchases and balance transfers for the first 12 months, making it an ideal choice for startups that need to manage their cash flow.
The card also has several additional benefits, including travel accident insurance, cell phone protection, and purchase protection. It also offers flexible rewards options with points that can be redeemed for travel, gift cards, and cashback. With no annual and foreign transaction fees, the Chase Ink Business UnlimitedSM is an excellent option for new businesses looking to get a leg up on their finances.
The bottom line
Finding the right business credit card can be difficult when you’re a startup or new venture. There are many options out there, each with different rewards and benefits. However, the best cards for startups and new ventures offer low annual fees, high bonuses, and the ability to make purchases quickly. The American Express Blue CashTM Card, Capital One® Spark® Cash for Business, Ink Business PreferredSM Credit Card, and Chase Ink Business UnlimitedSM are all great options. Do your research to find the right card for your business needs.
