8 Best Business Credit Cards (2016) | Ashley’s Expert Review

8 Best Business Credit Cards (2015) | Ashley's Expert Review

credit card advice

Ashley Dull
By: Ashley Dull
Posted: January 4, 2016
Opinions expressed here are ours alone, and are not provided, endorsed, or approved by any issuer. Site may be compensated through the issuer affiliate programs.

Business credit cards are a great way to make and track business expenses. They also keep your personal and professional expenses separate from one another.

It costs money to run a business, so why not earn cash back and other rewards for the money you’re already spending on operating costs?

These are my top 8 picks for the best business credit cards because these cards offer perks, such as cash bonuses and up to 5 percent cash back on purchases, no annual fees or foreign transaction fees, air miles, rewards points and competitive APRs, among other great features like vendor discounts.

8 Picks for the Best Business Credit Cards

Ladies and gentleman, I present to you my personal favorite business cards available today and have included links to make it easy for you to apply.

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months of approval
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $59 after that
  • Rewards don't expire, and you can redeem your cash back for any amount, anytime
  • Get employee cards at no additional cost, and earn rewards from their business spend
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.24% (Variable)
$0 intro for first year; $59 after that
Excellent, Good Credit

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $200 cash bonus once you spend $3,000 on purchases within 3 months of approval
  • Save on interest with 0% intro APR on purchases for 9 months; 13.24%-21.24% variable APR after that
  • No annual fee
  • Use Spark Cash Select across all your business spend, with no categories to limit your purchasing
  • Rewards don't expire, and you can redeem your cash back for any amount, anytime
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
13.24% - 21.24% (Variable)
$0
Excellent, Good Credit

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 1.5 miles per $1 on every purchase, every day
  • Plus, a one-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months of approval
  • Miles don't expire, and there are no categories to limit where or what you buy
  • Save on interest with 0% intro APR on purchases for 9 months; 13.24%-21.24% variable APR after that
  • Pay no annual fee or foreign transaction fees
  • Get online Quarterly and Year-End Summaries
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
13.24% - 21.24% (Variable)
$0
Excellent, Good Credit

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 2 miles per $1 on every purchase, every day
  • Plus, a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months of approval
  • Miles don't expire, and there are no categories to limit where or what you buy
  • $0 intro annual fee for the first year; $59 after that
  • There's no limit to the amount of miles you can earn and miles don't expire
  • Redeem miles for travel, cash back, gift cards and more
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.24% (Variable)
$0 intro for first year; $59 after that
Excellent, Good Credit

BUSINESS CARD RATING

★★★★★
4.5

OVERALL RATING

4.5/5.0
  • Enjoy no annual fee
  • Earn 1% cash back on every purchase, every day
  • Build business credit with responsible use
  • Fraud coverage if your card is ever lost or stolen
  • No foreign transaction fees
  • Enjoy business benefits including Year-End Summaries, employee cards at no extra cost, and experienced small business customer service
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
23.24% (Variable)
$0
Average, Fair, Limited Credit

How to Select the Right Credit Card for Your Business

Take into consideration the perks of each card offered and compare them to see how they can benefit you and your business.

If your business requires international travel, the cards that rack up air miles and don’t have foreign transaction fees are great options. If you’re running a local business and don’t necessarily need the next red-eye flight to Japan, higher cash-back bonuses may benefit you more. If you want a little bit of everything, perhaps a points card that can be redeemed for various travel and cash rewards is more appealing.

Final Thoughts

As always, read the fine print when applying for any credit card and make sure there aren’t any special limitations that are undesirable to you. When managed properly, business credit cards can help companies build credit history and carry benefits not characteristic of consumer credit cards, such as quarterly and end-of-year expense reports that make tax season much easier.