Best Reviews TopConsumerReviews.com Best Business Credit Cards Best Reviews
Best Reviews
      August 20, 2019

Home  >  Business Credit Cards

Your Information Is Secure
Credit Cards: The Lowdown Newsletter

Latest Reviews

Cellulite

Cruise Vacations

Colon Cleansers

Irritable Bowel Syndrome

Keto Diets

Online Fitness

Personal Trainers

Pet Meds

Popular Diets

Printer Ink

 

2019

Business Credit Card Reviews

What are the best Business Credit Cards? Credit cards designed specifically for business owners are a convenient way to separate company and personal expenses, while delivering some pretty impressive perks. From cash rewards and sign-on bonuses to tools for tracking tax-deductible expenses and much more, these credit cards are definitely worth considering if you're one of the millions of Americans who own your own business.

The Best Business Credit Cards

 

Business Credit Cards

Office supplies, vendor purchases, website plugins, and so much more: it can feel like the expenses of running your business are endless, right? Here's the good news: with a business credit card, you can earn money back on all of those expenses. And we all love free money!

Whether you're a sole proprietor, an LLC owner, or running an incorporated business, you've got a wealth of options when it comes to business credit cards. Ready to find out how you can make this financial tool work for you?

 

Perks of Business Credit Cards

One of the best reasons for getting a business credit card is the rewards. Want to rack up extra frequent flyer miles on all of your purchases? There's a card for that. Prefer to get cold, hard cash back on all of your expenses? You guessed it - there's a card for that too. Or maybe you'd rather have some flexibility, using your rewards for free airline tickets one month, gift cards the next, and a statement credit at the end of the year? Also possible with many business credit cards.

But, don't just grab the first card that catches your attention. Why? You'll want to look for sign-up bonuses before you decide. For example, a business credit card may give you 80,000 bonus points (worth around $1000) if you spend at least $5000 in the first three months of using the card. Of course, if you're not willing - or able - to spend that much on a single card within that timeframe, you should look for a sign-up bonus with a lower spend requirement.

Finally, most business credit card issuers want you to be successful, so they offer a range of tools to help you manage your spending. From tracking your budget and expenses to summarizing your eligible tax deductions and more, you'll find that a business credit card can be a useful and profitable resource.

 

Downsides of Business Credit Cards

While business credit cards come with some fantastic perks, there are a few things to understand about how they work.

First, if your name is on the card as the account holder, you'll be held personally responsible for any debt carried on that card. That's a big difference from a traditional corporate card, where the business itself is responsible for its users' charges. But, you won't usually have access to a corporate card unless you've got a well-established business credit profile. Just be sure not to get in over your head with business expenses when using your card, and you'll be fine.

Also, some business credit cards charge an annual fee. These fees can range from under $100 to almost $600 per year. You'll want to analyze the benefits you get from the business credit card you choose, to see if it's worth paying those fees every year. Those annual fees may also be deductible as a business expense, but consult with your tax professional to be sure.

 

Selecting a Business Credit Card

So, you're ready to choose the perfect credit card for your business. What should you keep in mind as you shop around? Keep these criteria in mind:

  • Rewards and Bonuses. How are any rewards structured? Are they useful for you and/or your business? You don't want a frequent flyer/miles card if travel isn't your thing. Are there any offers for extra miles/points/cash for signing up? Do those offers come with a minimum spend in a certain period of time, and can you reasonably meet that requirement? Are the rewards flexible (points, cash, miles)?
  • Interest Rates. If you're not planning on paying off your balance every month, you need to know how much you'll spend in interest. With some APRs as high as 25%, you might negate any rewards you receive if you're paying high interest rates.
  • Annual Fees. Many business credit cards have no annual fees. But, some may offer the first year with no fee and then charge one in subsequent years - sometimes as much as $600 per year. Carefully weigh the value of the benefits the credit card offers before choosing one with high fees.

The Best Business Credit Cards

TopConsumerReviews.com has partnered with Lending Tree to help you find the best business credit cards currently being offered. We hope this information will help you choose the credit card that will help your business grow!

 

I've been using Apple's sleek new credit card for a week - here are the best and worst things about it so far

Apple is releasing its new credit card, the Apple Card, in August. Here's what it's like to use it, how its rewards work, and how to apply.

Published:  Mon, 19 Aug 2019 09:04:00 GMT



Give your teenager a credit card? Some financial experts say yes

senior vice president and credit card business leader at the credit bureau TransUnion. "Have an exit strategy," he said. Each family will have its own approach, he said, but a reasonable deadline may ...

Published:  Mon, 19 Aug 2019 18:01:00 GMT



Best Business Credit Cards

Editorial Note: Forbes adheres to strict editorial integrity standards. The content on this page may contain partner offers and/or affiliate links, and Forbes may receive compensation if you click ...

Published:  Tue, 06 Aug 2019 06:00:00 GMT



Here's where your credit card debt goes after you die

including a shared credit card or loan, a shared property or business. There are also nine states that are "community property states," including California, Arizona, Idaho, Louisiana ...

Published:  Mon, 19 Aug 2019 17:09:00 GMT



Visa critical of India's move toward no-fee debit card transactions

India's Finance Ministry was not immediately reachable for comment on the matter outside of business hours ... year there were 824.9 million debit cards in circulation in India compared with 48.9 ...

Published:  Mon, 19 Aug 2019 12:40:00 GMT



How to get a credit card with bad credit

Figuring out how to get a credit card with bad credit takes a little more thought than opening a card when you have good or excellent credit.

Published:  Mon, 19 Aug 2019 08:06:00 GMT



How I Track My Travel Credit Card Perks, Fees and More

with another for my small business cards. I break each card out by issuer (i.e. bank), then include these details in each column: Here is a template on Google Sheets you can use for your own credit ...

Published:  Mon, 19 Aug 2019 13:52:00 GMT



5 Credit Card Perks (and Freebies) You May Not Know You Have

You might already be earning travel rewards with your credit card or using points to buy flights, but those benefits are just the beginning of the value credit cards can bring to your next vacation.

Published:  Mon, 19 Aug 2019 14:35:00 GMT



CRIME OF THE WEEK: Credit card Thief in the Grandview Heights area.

COLUMBUS, OHIO (WCMH) - This week's "Crime of the Week" involves stealing credit cards at a LA Fitness in the Grandview ... WASHINGTON (AP) - A number of U.S. business economists appear sufficiently ...

Published:  Sun, 18 Aug 2019 11:00:00 GMT



What Happens to Credit Card Debt When You Die?

A spouse or other family member might have to pay debts if he or she: -- Co-signed for a credit card or loan. -- Jointly owned property or a business. -- Lives in one of nine community property ...

Published:  Mon, 19 Aug 2019 07:32:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure