Which Business Credit Cards Offer Cash Back Bonuses
If you run a business, you should get a business credit card with cash bonus. The cash back feature can help you to save thousands of dollars as you spend money on buying the business equipment. It also makes it easy for you to manage your business expenses since it will send you a statement of all your expenses every month. The following are the top 4 business credit cards.
1. Chase Ink Business Preferred Business Credit Card
Chase Ink Business Preferred Credit Card offers 80K points when you have spent $5K in the first 3 months. The 80K points is equivalent to $1,000 of travel rewards. The rewards program allows you to earn 3x points on per dollar spent in the first $150K you spend. You have to spend on the selected categories like travel, internet/phone services, and online advertising. All other purchases will qualify you to earn 1x point on per dollar spent. When you redeem the points on travel, you get 25% more value. The annual fee is $95.
2. Chase Ink Business Cash Credit Card
Chase Ink Business Cash Credit Card offers 3% cash back on the first $2,000 that you spend on categories like gas, dining, office, and home improvement. The rest of your purchases will be compensated with 1% cash back. It offers a number of protection benefits including auto rental, travel and emergency, extended warranty, and purchase protection. It offers purchase protection of up to $10K per claim and $50K per account. In the first 12 months, the APR interest fee is waived for both purchases and balance transfers.
3. Capital One Spark Cash
Capital One Spark Cash offers unlimited 2% cash back which could equal to a savings of thousands of dollars. When you spend $4,500 in the first 3 months, you will earn a $500 cash bonus. It is free to request for additional employee cards. In the first year, you can save money on the $95 annual fee. The rewards does not expire. It is the best card for people who are spending $12K every year.
4. American Express SimplyCash Plus Business Card
American Express SimplyCash Plus Business Card offers 3% cash back s on one business category of your choice. There are 5 business categories including airline, gas station, shipping, online advertising, and computer hardware/software/cloud computing. You can keep earning 3% cash back on the selected business category up until $50K. In addition, you can earn 5% cash back on office supplies, and wireless telephone. It features the buy above your credit limit where you can spend above the credit limit and also earn cash back on them at the same time. The amount you spend more than the credit limit is due at the end of each month. In the first 9 months, you can enjoy 0% intro promo on purchases.