Best Small Business Credit Card Options This Year

best small business credit cards

As we are living in a predominantly cashless society, it makes sense to get a small business credit card. Business credit cards make it easy to obtain small business finance such as loans, angel investment, and also add more credibility to your business. Besides helping you separate your personal expenses from business expenditure, this is also a good way of ensuring that your small business gets the spending power it requires to flourish. Some features offered in a small business credit card are higher spending limits, liberal rewards programs, and benefits like lucrative balance transfer offers, low APRs, and customized concierge facilities. Here are some of the top picks you might want to consider while choosing the best small business credit card for your requirements:


American Express Business Platinum Card

Its mind-boggling 100,000-point welcome offer is worth at least $1,000 on travel.

Hotel purchases and airfare will fetch you 5 points for every dollar spent on purchases in excess of $5,000 making it a great choice if you travel often on business.

There is no APR cost involved, but you do have to pay a hefty annual fee of $450.


Chase Ink Business Preferred Credit Card

The whopping 80,000 Ultimate Rewards Points that you get on initial spending of up to $5,000 within three months of signing up are worth $800 in cash or $1,000 in travel.

With a 3x tier of 3 points for every dollar spent, the regular rewards program is also admirable putting it on your shortlist for the best small business credit card.

You can redeem these points for gift cards, travel, cash, and purchases on to name a few.


American Express Blue Business Plus Credit Card

Lack of an annual fee, 0% APR for up to 15 months on balance transfers and purchases, and complimentary 12-month extended warranty on purchased items with a manufacturers’ warranty under five years are some feature that have put this card on our list of picks for the best small business credit card.

Points can be earned at a 2x rate for the first year.


Chase Ink Business Cash Credit Card

This card is accompanied by 0% APR for the first year. Spending $3,000 or more during the first three months will fetch you $500 as bonus cash back.

There is no need to pay an annual fee while foreign transactions will set you back 3% of the amount.

This card is accompanied by the Chase Protection Plan that offers coverage against theft or damage for new purchases for a period of 120 days with a $10,000 limit per claim and a $50,000 total per account.


Capital One Spark Cash Select for Business

As the name suggests, this one has a cash-based rewards program.

Bundled with a $200 Early Spend bonus and a 1.5% cash back on all purchases without any restrictions or limits, this card has zero annual fees, no foreign transaction fee, and no balance transfer fee.

Combined with a 0% APR for the initial nine months, this can be a hard-to-resist deal.


Being an entrepreneur is way easier than it was a decade ago. With a reliable line of credit at your disposal there is no limit to the heights you can scale with your venture. Just remember that irrespective of the card you choose, it is important to ensure that you use the available credit prudently without going overboard with purchases for your small business.


About Sreeram Sreenivasan

Sreeram Sreenivasan is the Founder of Ubiq, a business dashboard & reporting platform for small & medium businesses. Ubiq makes it easy to build business dashboards & reports for your business. Try it for free today!