If you’re looking to make the most of your business credit card, we’ve got a list. We have researched and compiled this article with some of the best cards on offer in 2019 that can help you grow your business fast.
The “best business credit cards for new business” is a topic that will help you find the best card to use for your professional expenses.
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While you may be attempting to reduce your business credit card spending at this time, it is equally critical that you keep track of every dollar your company spends. Having the correct credit card to keep your company and personal costs separate may make your life much simpler.
Furthermore, corporate credit cards may provide bigger spending and credit limits, which may be required to make those substantial company transactions. In the present economic scenario, some cards even offer introductory interest rates on purchases and balance transfers, making them a useful tool.
To discover which cards might possibly deliver you the most value, our thorough credit card methodology analyzes every feature of each business credit card to our “benchmark credit card” – the Citi® Double Cash Card. While the Double Cash is a personal credit card, the American Express Blue Company CashTM Card is a business credit card that earns flat-rate cash back at the same market-leading rate.
So take a look at our list of the best business credit cards in 2022 and see whether one of them is perfect for your company right now.
Right now, the finest business credit cards to consider
The American Express Blue Business® Plus Credit Card is the best overall business credit card. The Ink Business Unlimited® Credit Card is the best business credit card with There is no yearly charge. Best business credit card sign-up bonus: Ink Business PreferredSM Credit Card The American Express® Business Gold Card is the best business credit card for bonus categories that are versatile. The American Express Business Platinum Card® is the best business credit card for travel advantages. The American Express Delta SkyMiles® Platinum Business Card is the best business card for airline elite status. Capital One® Spark® Miles for Business: The best credit card for business spending on a daily basis
Why did we choose these cards as the best business credit cards for the year 2022? Examine the specifics of each card with us to discover how they compare.
Why it’s great in a nutshell: For businesses looking to pay off large purchases with no interest for an extended period of time, American Express’s Blue Business Plus card offers an introductory 0% APR on purchases for the first 12 months (see rates and fees), before rising to a variable 13.49 percent -21.49 percent after that (see rates and fees).
This card is ideal for: Small companies with yearly costs of less than $50,000 that wish to earn travel rewards without paying an annual fee and take advantage of an introductory interest rate.
Highlights:
- Earn two points for every dollar spent on all purchases up to $50,000 per year, then one point for each dollar spent beyond that.
- At a rate of up to 1 cent per point, points may be redeemed for travel via Amex Travel.
- Amex points may also be transferred to any of the airline and hotel partners that Amex has.
- For the first 12 months, all purchases have a 0% introductory APR (13.49 percent -21.49 percent variable after that, see rates and costs).
- There is no yearly charge (see rates and costs).
- Terms and conditions apply.
Earn 15,000 bonus points after spending $3,000 on qualifying purchases during the first three months of your account’s creation.
What we like about the Blue Business Plus: If your company is having trouble making ends meet right now, the Blue Business Plus provides a 0% introductory APR on purchases for the first 12 months. Just make sure you pay off your loan within that time frame, since after that, the rate climbs to a variable 13.49 percent -21.49 percent.
In addition, the Blue Business Plus receives 2 points for every dollar spent on all purchases up to $50,000 per calendar year. After that, the rate lowers to only 1 point per dollar, making this a card that is better suited to small firms with little annual spending.
If you plan to use the Membership Rewards points you earn with this card for future travel, they are both flexible and useful. You may use them to book flights or hotel stays directly via Amex Travel for up to 1 cent per point, or transfer them to any of American Express’s 21 airline and hotel partners for possibly greater value.
One thing that may be better: While earning points toward free travel is one of the benefits of the Blue Business Plus, you may not be thinking about vacation right now. While you may transfer the points you earn on this card to cash, they aren’t worth much, since each point is only worth 0.6 cents.
However, if you’d rather receive cash back than travel rewards, you may choose the American Express Blue Business Cash Card. The card has almost identical characteristics as the Blue Business Plus, but instead of points, you’ll get cash back, which may be a better match if you want to utilize your credit card rewards right now rather than saving them for later.
Where it outperforms our benchmark card: a large number of airline and hotel transfer partners, certain travel and purchase protections, and an initial purchase discount.
Where our benchmark card outperforms the competition: On balance transfers, the Citi Double Cash offers an introductory interest rate.
Learn more about American Express’s Blue Business Plus card.
Why it’s great in a nutshell: The no-annual-fee Ink Business Unlimited Credit Card is a great choice for business owners who don’t want to waste time with their credit card rewards. With 1.5 percent cash back on every purchase your business makes and an impressive $750 bonus cash back offer for new card applicants, the no-annual-fee Ink Business Unlimited Credit Card is a great choice for business owners who don’t want to waste time with their credit card rewards.
This card is ideal for: Businesses looking for a credit card with no annual fee that offers flat-rate cash back rewards on their typical company spending.
Highlights:
- You’ll get 1.5 percent cash back on anything you buy.
- When you combine the Ink Business Unlimited with the Ink Business Preferred or a personal Sapphire card, you may turn the cash back into flexible travel points.
- Purchases have a 0% APR for the first 12 months, then a variable APR of 13.24 percent to 19.24 percent.
- When hiring a vehicle for a business trip, you must have primary car rental insurance.
- There is no yearly charge.
Sign-up bonus: Get $750 in bonus cash back after spending $7,500 in the first three months after opening the card.
What we like about Ink Company Unlimited: Even in the best of circumstances, business owners have a lot on their plates, and they don’t want to waste time worrying about their credit card. If that describes you, the Ink Business Unlimited could be a good match.
With the Ink Business Unlimited, there are no bonus categories to pursue; instead, you’ll earn a flat 1.5 percent cash back on every transaction your company makes, so you can keep this card in your wallet and use it whenever you need to buy anything for your company. Cash back may be redeemed as a statement credit or deposited into most US bank and savings accounts at any time.
This is also the best moment to apply for this card since it now has the best sign-up bonus we’ve ever seen. After spending $7,500 in the first three months after establishing the account, New Ink Business Unlimited cardholders may receive $750 in extra cash back.
If you prefer travel rewards to cash back later, you can combine the Ink Business Unlimited with the premium Ink Business Preferred (or, alternatively, the personal Chase Sapphire Preferred® Card or Chase Sapphire Reserve®) and convert your cash back to travel points, which you can then redeem for travel or transfer to any of Chase’s 14 airline and hotel loyalty partners.
One thing that might be better: You won’t want to use the Ink Business Unlimited outside of the United States since it has a 3% foreign transaction charge, which would wipe out any benefits you may have earned on international transactions. Additionally, this card does not provide any travel coverage, with the exception of main automobile rental insurance while renting for business.
If your company’s yearly spending are less than $50,000, you could be better suited with the American Express Blue Business Cash Card, which offers 2% cash back on up to $50,000 in purchases per year (then 1 percent thereafter). However, if you want to redeem your points for more significant travel redemptions in the future, the Ink Business Unlimited is still the superior option, since you can link it with a premium Chase Ultimate Rewards card at any time to open up a world of possibilities.
Where it outperforms our benchmark card is in the following areas: Purchase protections, main automobile rental insurance while renting for work trips, and an introductory pricing on purchases are all available to new customers.
Where the Citi Double Cash outperforms our benchmark card: The Citi Double Cash earns a slightly higher cash back rate on all purchases and offers a low introductory rate on balance transfers.
Learn more about the Ink Business Unlimited Credit Card and how to apply.
In one statement, here’s why it’s great: The Ink Business Preferred’s 100,000-point sign-up bonus is one of the finest you’ll find on a business card, particularly for one with so many bonus categories and features – all for such a cheap annual cost.
This card is ideal for: Companies that want to earn flexible points toward travel while still receiving unique features like mobile phone insurance.
Highlights:
- Earn 3 points for every dollar spent on travel, shipping, internet, cable, and phone services, as well as advertising on social media sites and search engines (up to $150,000 in total expenditures per card anniversary year, then 1x).
- On all other purchases, you’ll get one point each dollar spent.
- When booking tickets, hotels, auto rentals, and cruises via the Chase Ultimate Rewards travel site, points may be redeemed with a 25% bonus.
- Points may also be transferred at a 1:1 ratio to any of Chase’s 14 airline and hotel partners.
- When you pay your mobile phone bill with your card, you get protection against damage or theft.
- When hiring a vehicle for a business trip, you should have primary car rental insurance as well as trip delay protection and trip interruption/cancellation insurance.
- There are no costs for international transactions.
- An annual charge of $95 is required.
Earn 100,000 extra points after spending $15,000 on purchases during the first three months after opening the card.
What we like about the Ink Business Preferred: Its extraordinarily substantial sign-up bonus — presently at 100,000 points — is by far one of its strongest features, albeit it does demand a significant spending commitment of $15,000 in the first three months after you get the card. Many firms, on the other hand, have regular monthly costs that easily exceed that limit.
One of the greatest loyalty points programs in the travel industry is Chase’s Ultimate Rewards. You may get a 25% bonus if you redeem your points via Chase’s travel site, or you can transfer your points to 14 other partner airlines and hotels, including Hyatt, United, and British Airways.
As an added bonus, the Ink Business Preferred card includes mobile phone protection, which covers both your own phone and everyone else named on your monthly bill as long as you pay the whole amount with the card each month. This implies that your workers (and maybe family members) can be insured at no additional expense. You may file up to three claims each year and get up to $600 in reimbursement, with a $100 deductible per claim.
One item that might be better: Despite the extensive bonus categories on the Ink Business Preferred, you won’t get extra points on certain common business expenditures like petrol, restaurants, or office supply shops. The 3x categories are also restricted at $150,000 in total purchases each year – beyond that, you’ll only get 1 point for every dollar you spend.
Where it beats our benchmark card: Sign-up bonus, cell phone protection, purchase protections, travel protections, primary car rental insurance, There are no costs for international transactions.
Where our benchmark card outperforms the competition: There is no annual fee on the Citi Double Cash, and there is an introductory rate on balance transfers.
Learn more about the Ink Business Preferred Credit Card and how to apply.
In one statement, here’s why it’s great: The Amex Business Gold card allows companies to earn bonus points automatically on the two areas where they spend the most money each billing cycle.
This card is ideal for: Businesses that spend money in a variety of categories throughout the year and want to be rewarded with additional travel benefits on their greatest monthly expenditures.
Highlights:
- Earn 4 points for every dollar you spend in each billing cycle on the two areas where you spend the most (up to $150,000 in total purchases each year, then 1x).
- On all other purchases, you’ll get one point each dollar spent.
- Amex points may be transferred to any of the airline and hotel partners that Amex has.
- Trip delay insurance is included, as well as an extended warranty and purchase protection.
- There are no international transaction costs (see rates and fees for further information).
- Annual charge of $295 (see rates & fees).
- Terms and conditions apply.
Spend $10,000 on qualifying purchases during the first three months of card enrollment to get 70,000 bonus points.
What we like about the Amex Company Gold: When it comes to earning as many points as possible on your business costs, even if they aren’t in the same categories every month, the Amex Business Gold shines.
From a list of six eligible categories, you’ll get 4 points per dollar on the top two areas where your firm spent the most in each billing cycle:
- Purchases made at petrol stations in the United States.
- Restaurant purchases in the United States.
- Purchases made in the United States for shipment.
- Airline tickets were booked straight from the airlines.
- Purchases made in the United States for advertising in chosen media (online, TV, radio).
- Purchases of computer hardware, software, and cloud solutions made directly from specified technology suppliers in the United States.
The nicest feature about this approach is that it calculates your top two categories automatically at the conclusion of each billing cycle, so you don’t have to guess what they are in advance. This is particularly advantageous in the present economic climate since you are not trapped into two categories for the whole year, and your bonus points may fluctuate as your purchases change.
The Amex Business Gold presently offers a generous welcome bonus of 70,000 extra points once you spend $10,000 on the card during the first three months of account setup. On this card, that’s the largest publicly accessible bonus we’ve ever seen.
One thing that might be better: For a card with such a hefty annual fee, the Amex Business Gold offers little travel incentives. There will be no luxury travel benefits or even travel statement credits for you. This implies that, except from the extra credits in the first year, there aren’t many ways to offset the yearly charge, so be sure the earning rate is worth it for your total spending.
It’s also worth noting that each calendar year, your 4x bonus point categories are limited at $150,000 in expenditure across all six categories. Once you reach that level, the card only gets 1 point for every dollar spent.
Where it beats our benchmark card: Welcome bonus, transferable points, trip delay protection, purchase protection, There are no costs for international transactions.
Where our benchmark card outperforms the competition: There is no annual fee on the Citi Double Cash, and there is an introductory rate on balance transfers.
More information about the American Express Business Gold Card may be found here.
In a nutshell, the Business Platinum Card from American Express delivers luxury travel privileges like airport lounge access, elite status, and more, while being the most costly card on our list.
This card is ideal for: Business travelers seeking top-tier luxury benefits, transferable travel points, and travel safeguards.
Highlights:
- Earn 5 points for every dollar spent on Amex Travel flights and prepaid hotels, and 1 point for every dollar spent on all other transactions.
- At a cost of up to 1 cent per point, points may be redeemed for travel via Amex Travel, and you can receive 35 percent of your points back on airfare with one specified airline, up to 500,000 bonus points every calendar year.
- Amex points may also be transferred to any of the airline and hotel partners that Amex has.
- Annual statement credits of up to $400 are available on qualified Dell.com purchases made in the United States.
- Annual statement credits of up to $200 for incidental costs at one qualified airline.
- A Clear membership may earn you up to $179 in yearly statement credits.
- Access to American Express Centurion Lounges, Delta Sky Clubs, and Priority Pass airport lounges is complimentary while flying Delta (not including Priority Pass restaurants).
- Gold Elite membership with the Hilton and Marriott hotel groups is complimentary.
- Complimentary Hertz, Avis, and National Car Rental have given me preferred Elite status.
- Access to American Express Fine Hotels & Resorts.
- Travel cancellation and Trip delay insurance is included, as well as an extended warranty and purchase protection.
- There are no international transaction costs (see rates and fees for further information).
- Annual charge of $695 (see rates & fees).
- Terms and conditions apply.
Spend $15,000 on eligible purchases during the first three months of card enrollment to get 120,000 bonus points.
What we appreciate about the Amex Business Platinum: This card is for the genuine road warrior who believes travel privileges to be a must-have. Although many of the perks of the Amex Business Platinum card are now unavailable, they will be more beneficial than ever once travel resumes.
The card’s lounge access is by far one of the most valuable features, enabling you to unwind in style at over 1,300 lounges across the globe, including Amex’s own Centurion Lounges. You’ll also obtain elite Gold membership in the Marriott and Hilton loyalty programs, which entitles you to free upgrades and breakfast at selected hotels.
You may receive up to $200 in yearly airline incidental credits, up to $400 against qualifying US purchases at Dell.com each year, and up to $100 for reimbursement of a Global Entry or TSA PreCheck application cost to help offset the card’s annual charge. These credits are worth up to $700 in the first year alone.
On flights booked via Amex Travel, you’ll get 5 points per dollar, which is one of the greatest earning rates you’ll find on a business credit card.
Travel protections, such as trip interruption and cancellation insurance, are included with the Amex Business Platinum card. This covers your non-refundable fees up to $10,000 per trip if your flight is disrupted or canceled for a covered cause. (Unfortunately, pandemics are not one of the reasons listed.) The card also includes travel delay insurance, which can refund you up to $500 for unforeseen expenditures if your flight is delayed for more than six hours due to a covered cause.
One thing that might be better: With such a hefty annual fee, you’d think you’d be able to earn more points on non-airline and hotel expenditures, but this isn’t the case with the Amex Business Platinum. You’re far better off using another card, such as the American Express Blue Business Plus or Blue Business Cash, for daily purchases to optimize your benefits.
Where it outperforms our benchmark card is in the following areas: Welcome bonus, luxury travel benefits and credits, travel safeguards, purchase protection, and a large number of airline and hotel transfer partners are all available.
Where our benchmark card outperforms the competition: There is no annual fee on the Citi Double Cash, and there is an introductory rate on balance transfers.
Learn more about American Express’s Business Platinum Card.
In one statement, here’s why it’s great: Airline credit cards, like as the Delta SkyMiles Platinum Business American Express, come with perks like free checked baggage, priority boarding, and points or miles toward status that aren’t available with flexible travel credit cards.
This card is ideal for: Companies that plan to travel when airlines resume service, and who want to earn not just Delta SkyMiles but also airline-specific bonuses to make their flight more delightful.
Highlights:
- For every dollar spent on qualifying purchases made directly with hotels and Delta, you’ll earn 3 miles.
- Earn 1.5 miles for every dollar spent on single qualified purchases of $5,000 or more, up to a maximum of 50,000 miles each year.
- On all other purchases, you’ll earn one mile for every dollar spent.
- On Delta flights, the first checked bag is free for you and up to eight guests flying on the same reservation.
- On Delta flights, Main Cabin 1 gets priority boarding.
- On all qualified in-flight purchases of food, drinks, and audio headsets, you’ll get a 20% statement credit.
- When you renew your card each year, you’ll get a domestic Main Cabin round-trip companion coupon.
- Annual charge of $250 (see rates & fees).
- Terms and conditions apply.
After spending $3,000 on your new card in the first three months, you’ll get 60,000 bonus miles and 5,000 Medallion® Qualification Miles (MQMs).
What we like about the Delta Platinum Business Amex: Despite the fact that there are several airline credit cards available, we chose the Delta Platinum Business Amex card for two reasons.
For starters, the card’s Status Boost function makes it simpler to gain Delta elite status even if you aren’t traveling right now. Spending $25,000 on the Delta Platinum Business Amex in a calendar year earns you 10,000 additional MQMs, which contribute toward Delta elite status, and spending $50,000 on the card earns you another 10,000 bonus MQMs.
The second reason we included the Delta Platinum Business Amex on our list is that if you renew your card for a second year (and every year after that), you’ll receive a companion certificate that can be used to fly a friend or family member on a domestic round-trip Delta flight in the Main Cabin for just the cost of taxes. If you can take advantage of this benefit every year, it will easily cover the card’s annual fee.
Aside from the miles earned on the Delta Platinum Business Amex card, you’ll also get some airline-specific benefits, such as a free first checked bag on Delta flights for you and up to eight traveling companions on the same reservation, priority boarding in Main Cabin 1, and a 20% discount on in-flight food, beverages, and audio headsets.
One thing that might be better: Delta SkyMiles aren’t worth as much as many of its rivals’, and you’re pigeon-holed into redeeming your miles for just Delta or partner flights when you earn a certain airline’s points. As a result, the benefits gained with the Delta Platinum Business Amex are less flexible than incentives won with Chase Ultimate Points or American Express Membership Rewards credit cards, or rewards earned with business credit cards that provide direct cash back.
Where it beats our benchmark card: Welcome bonus, Delta travel benefits, Status Boost for earning elite status, annual companion certificate after the first year and There are no costs for international transactions.
Where our benchmark card outperforms the competition: The Citi Double Cash card features no annual fee after the first year, offers a low introductory rate on balance transfers, and rewards you with easy-to-redeem cash back.
Learn more about the American Express Delta SkyMiles Platinum Business Card.
In a nutshell, the Capital One Spark Miles for Business earns an unlimited 2 miles for every dollar spent on the card, which may be redeemed for any travel transaction at 1 cent per mile or transferred to Capital One’s airline partners for potentially far more value redemptions.
This card is ideal for: Larger organizations looking for simple-to-redeem credit card rewards with the chance to learn how to master transferable miles later on for even more value.
Highlights:
- For every dollar you spend on your card on hotels and rental vehicles booked via Capital One Travel, you’ll earn 5 miles.
- All other purchases earn 2 miles per dollar, with no limit.
- At a cost of one penny per mile, miles may be redeemed for any travel transaction.
- Miles may be transferred to 16 different airline and hotel partners.
- When you apply for Global Entry or TSA PreCheck, you may get a $100 credit.
- There are no costs for international transactions.
- For the first year, there is no yearly cost; after that, it is $95 each year.
Sign-up bonus: Earn 50,000 extra miles after spending $4,500 during the first three months of account opening.
What we like about the Capital One Spark Miles credit card: It’s a business credit card that makes earning and redeeming travel miles a breeze. To begin, you’ll get 2 miles for every $1 spent on the Capital One Spark Miles card, with no limit. Plus, if you book any hotels or car rentals via Capital One Travel, you’ll get an additional 3 miles per dollar, bringing your total to 5 miles per dollar.
At a set 1 cent per mile, you may redeem your miles at any time for any travel-related transaction. The miles, on the other hand, may be transferred to any of Capital One’s 16 travel partners, possibly increasing their value.
The Capital One Spark Miles card also offers a reasonable sign-up bonus and a low minimum spending requirement. The 50,000-mile incentive may be used to “erase” $500 in travel expenditures from your monthly bill, which is better than many of the other business cards on our list and even better for a card with no annual fee for the first year. As an extra benefit, when you apply for Global Entry or TSA PreCheck, you’ll get a $100 credit.
One thing that could be better: While you can use your miles to pay for any travel-related purchase, if you want to maximize the value of your miles by transferring them to an airline or hotel program, Capital One’s current partnerships aren’t as robust as those offered by other flexible points programs. Most are foreign airlines, which need a thorough understanding of reward programs in order to get the most out of them.
Sign-up bonus, purchase protections, and travel coverage are all areas where it outperforms our benchmark card.
Where our benchmark card outperforms the competition: Even after the first year, there is no annual fee on the Citi Double Cash, and there is an introductory rate on balance transfers.
Capital One Spark credit cards may earn you $500 or 50,000 extra miles.
Are you in the market for a new credit card to help you pay for big purchases? The finest 0% APR credit cards may be found on CNN Underscored’s list.
CNN Underscored Money has the most up-to-date personal financial offers, news, and advice.
The “best small business credit cards” are the best way to manage your professional expenses. They will help you build your credit score and keep you on track with your finances.
Frequently Asked Questions
Can you use an EIN to get a credit card?
A: No.
Can you write off business credit card annual fee?
A: If you apply for a business credit card and pay off your balance every month, then yes.
Do you need a business credit card to write off?
A: No, you can write off business expenses without a credit card.
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