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Business Credit Cards
Updated: April 10th, 2012 by Timothy James -- We will cover two important areas here. Firstly, how to choose the most suitable Business Credit Card for your personal or business circumstances - and secondly, what the best card offers are for the current week. Read the guide then compare the cards! Alternatively, if you want search for other credit card types, you can do that here.
Read The Guide...
This guide will give you important information you should know before applying; such as:
How Business Credit Cards work.
When, how and who should use them.
Tips, tricks and card advice.
The Top 10 cards for this week.
Compare The Cards...
Looking for the best offers for business
credit cards?
>>
Here's our top 10
Recommended:
Most popular credit card in this category.
Business Credit Cards - What are they & how do they work?
Generally speaking, business credit cards are used to separate personal and business spending and tend to have higher initial credit limits than most personal credit cards do. In addition, most cards have perks that would be advantageous for small to medium sized businesses..
Who would benefit from this type of credit card?
Simply, anyone who either already has a business or is looking to start a business will benefit from having a business credit card in their financial arsenal.
The reason why is because it is possible to save a large amount of money (via cash back and other reward schemes) on business-related products such as office supplies, communication, gasoline and air travel as well as other types of expense.
Choosing the most beneficial card for you and your business.
The perks you receive vary a lot and certain rewards schemes may be beneficial to some and less beneficial to other... and visa versa. This is precisely why you need to choose your card carefully.
For example, if you had a small accountancy office 30 miles from your home, and you drove there each day, you would want to apply for a credit card which rewarded you with points for dollars spent on both gasoline and office supplies.
If you were flying on business 5 times a week then obviously you would want a card that would reward you will airmiles and/or lounge access to make catching the red-eye a little less painful!
Of course, if you were a brand new business and were just setting up office, you would probably want to choose a business credit card with a cash back rewards where you could earn back, say, 5% cash on office supplies and communication.
Some additional tips.
Be very sure to check what the annual fees are as some business credit cards can charge quite a substantial sum for annual usage. Many don't charge for the first year, and of course, you should be able to write the fee off as an 'expense', but it's worth checking all the same.
In addition, most card issuers require good to excellent credit in order to approve you and if you don't fall into that category you may unfortunately have to go withh
another type of credit card
and miss out on some business related perks.
The best Business Credit Card offers for the current week...
Whilst other finance websites usually list vast numbers of available credit card offers on a single page, in our view, all that does is create confusion (and a lot of research work) for you, the consumer. We've done all that work for you.
The top three cards in our opinion are each marked with 5 stars. Remember, credit card companies change their offers all the time and the below information is correct at the time of writing. Be sure to double check the terms of the offer on the provider's website before completing an application.
Membership Rewards® bonus: 25K points, redeemable for select gift cards valued at $250, when you spend $2,000 in your first three months of Card membership
Membership Rewards® points multiply fast! Earn 3X points on airfare, 2X points on gas and groceries, 1X points on everything else
Exclusive access to Gold Card Destinations and events - Enjoy special travel packages and amenities at hotels worldwide, as well as select concerts, shows, sporting events, and more.
Introductory annual fee of $0 for the first year, then $175
Get a decision in as little as 60 seconds.
Regular APR
Annual Fee
Balance transfers
Credit Needed
N/A*
Introductory annual fee of $0 for the first year, then $175
N/A*
Excellent Credit*
#2 -
Business Green Rewards Card from American Express OPEN
Designed for businesses with an established credit history
0% Intro APR on Purchases for 6 months. After that, 14.24% variable*
Earn 5 ThankYou Points for every dollar spent on eligible AT&T products and services purchased directly from AT&T*
Earn 3 ThankYou Points for every dollar spent on purchases at certain office supply merchants, gas stations, and on professional services and 1 ThankYou point for every dollar spent on other purchases*
Additional cards for employees with credit limits you set
You will get 50,000 bonus Avios after your first purchase
25,000 bonus Avios after you make $10,000 in purchases within the first year of account opening
Plus an additional 25,000 bonus Avios after you make an additional $10,000 in purchases within the first year of account opening
That's enough Avios for one roundtrip business class reward ticket
New: Smart Chip Technology allows you to use your card for chip based purchases in Europe & beyond, while still giving you the ability to use your card as you do today at home
Pay no foreign transaction fees when you travel abroad
Earn 2.5 Avios for every $1 spent on British Airways purchases
Earn 1.25 Avios for every $1 spent on all other purchases
Every year you spend $30,000 on your British Airways Visa card, you'll earn a Travel Together Ticket good for two years
Regular APR
Annual Fee
Balance transfers
Credit Needed
15.24% Variable
$95
Either $5 or 3% of the amount of each transfer, whichever is greater.
Up to 25,000 bonus points - 10,000 bonus points after your first purchase, plus an additional 15,000 bonus points after you spend $5,000 in the first 3 months!
5X points per dollar on the first $25,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
2X points per dollar on the first $25,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel
1 point per dollar on all other card purchases with no limit on the amount you can earn
For a limited time: Earn 25,000 Membership Rewards® points by spending $5,000 in the first 3 months
Enroll and select an airline to receive up to $200 annually in statement credits for incidental fees such as checked bags, in-flight refreshments, and change fees.*
20% Travel Bonus when redeeming with Membership Rewards® Pay with Points
Take advantage of 40 premium benefits and rewards, including 24/7 concierge service and dedicated business consultants
Complimentary airport club access to 600+ partner lounges, a $950/yr value
By Invitation Only: Receive exclusive access to events, ideal for entertaining clients or treating staff, worldwide that aren't available to the general public
No pre-set spending limit*
Regular APR
Annual Fee
Balance transfers
Credit Needed
N/A*
$450.00*
N/A*
Excellent Credit*
#12 -
Starwood Preferred Guest® Business Credit Card from American Express OPEN
Earn up to 25,000 Starpoints®: Receive 10K after your first purchase, and another 15K when you spend $5,000 in 6 months-enough for up to 6 free nights at a Category 1 or 2 hotel
Redeem Starpoints at over 1,000 hotels and resorts in nearly 100 countries, and for flights on more than 350 airlines through SPG Flights. No blackout dates.
$0 introductory annual fee for the first year, then $65
Regular APR
Annual Fee
Balance transfers
Credit Needed
15.24% - 19.24% Variable
$0 introductory annual fee for the first year, then $65
N/A*
Excellent Credit*
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