20 best small business credit cards for every type of entrepreneur

Disadvantages: The Amex Business Platinum card has one of the highest annual fees. While there is an extended payment option (with interest, if you qualify), it is a charge card; accounts cannot carry a balance.

For designers, it’s ideal for: Frequent travelers with relatively high spending who want premium access to airport lounges just about anywhere.

2. Chase Ink Business Preferred Card

The basics: With a great signup offer, this is a great card for frequent travelers who want flexibility in how they use their rewards.

Welcome offer: Get 80,000 bonus points when you sign up and spend $ 5,000 in the first three months. It’s worth about $ 1,000 in travel rewards.

Annual subscription: $ 95

APR: variable from 17.99 to 22.99%

Benefits: Earn three points for every dollar spent up to $ 150,000 in expenses, including travel, shipping, communications services and advertising per year. On all other purchases, earn one point per dollar spent, unlimited. Transfer rewards point by point with partners. The card has no foreign transaction fees.

Disadvantages: You have to spend a lot to get a lot. The annual membership fee is not exempt for the first year.

Designers is ideal for: people who travel a lot on business and want versatile rewards.

3. Capital One Spark Miles Business Credit Card

The basics: A practical card that offers excellent bonus miles for signing up and rewards all types of expenses.

Welcome offer: Receive up to 200,000 miles: Earn 50,000 when you spend $ 5,000 in the first three months, then an additional 150,000 when you spend $ 50,000 in the first six months.

Annual subscription: $ 95, exempt the first year

APR: 18.74% variable

Benefits: You will get two reward miles for every dollar spent, with no cap. Swap them out anytime – there’s no minimum to do so and no blackout dates or seat restrictions. In addition, you can travel with any airline. Miles can also be used for hotel stays or vacation packages and have no expiration date. The Capital One Spark Miles card does not charge any overseas transaction fees and also offers additional travel insurance and emergency services.

Disadvantages: To make the annual fee worth it, you’ll need to spend at least $ 5,000 when the annual fee goes into effect.

Designers is ideal for: simple entrepreneurs looking for convenience and whose expenses do not fall into all the usual compartments.

4. Marriott Bonvoy Business American Express Card

The basics: Formerly known as the American Express Starwood Preferred Guest Card, this traveler-friendly card, which consolidates the recently merged Starwood Preferred Guest, Ritz-Carlton Rewards and Marriott Rewards programs, offers many options for loyal business travelers. the brand.

Welcome offer: Regular special offers will help you collect bonus points; for example, an offer allows you to earn 100,000 Marriott Bonvoy bonus points after using your new card to make $ 5,000 in purchases in the first three months.

Annual subscription: $ 125

APR: variable from 17.99 to 26.99%

Benefits: Marriott Bonvoy Card Strengths include six points for every dollar of qualifying purchases at participating Marriott Bonvoy hotels. Cardholders also earn four points per dollar at U.S. restaurants, gas stations, wireless phone services purchased directly from U.S. service providers, and on U.S. purchases for shipping. You’ll also get two points per dollar on all other qualifying purchases as well as free Silver Elite status (which translates to a total of 17 points per dollar spent at Marriott Bonvoy hotels) and free nights.

Disadvantages: The annual fee recently went from $ 95 to $ 125. Additionally, some guests are complaining that following the $ 13 billion merger they were unable to redeem free nights or room upgrades. (Marriott told the Los Angeles Times that the company is actively working to resolve the issue, with the help of additional hires and additional training for call center employees, and among other fixes.)

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