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Offers for the Ink Business Preferred℠ Credit Card, The Business Platinum Card® from American Express, American Express® Business Gold Card, The Blue Business® Plus Credit Card from American Express, American Express Blue Business Cash™ Card, Marriott Bonvoy Business™ American Express® Card and Southwest Rapid Rewards® Premier Business Credit Card are not available through this site. All information has been independently collected by AwardWallet and has not been reviewed or provided by the card issuer. Some offers may have expired. Please see our card marketplace for available offers.
Business credit cards play a key role meeting the lending needs of SME's, providing access to credit that may otherwise be out of reach, and offering flexibility to business operators, freelancers, consultants, and entrepreneurs. They also allow business owners to build a substantial balance of rewards points from large company purchases and everyday business expenses, that may otherwise go under-utilized. These are not, however, the only benefits of acquiring business credit cards.
Tightened rules surrounding personal credit card applications at Chase, and policies already in place with other providers like American Express stating consumers can only obtain the welcome bonus for each credit card product once, mean that rewards cards targeting small business are becoming increasingly necessary for a successful long-term rewards strategy.
For example, current data shows that Chase’s Ultimate Rewards earning Ink cards, while subject to the 5/24 rule, do not count towards it. This opens up alternate strategies for rewards fans to still obtain bulk Ultimate Rewards while staying under the magic 5 cards in a 24-month period.
Business credit cards are also becoming more accessible. The nature of employment is changing as we push further into the 21st century, with a growing portion of the workforce self-employed, freelance, contracting, or consulting as opposed to historical full-time employment. This, in turn, qualifies more individuals to take advantage of the opportunity business rewards cards represent.
What Makes a Great Small Business Credit Card?
The one that works for your circumstances! It’s not rocket science, but just like a good bar of soap, a business credit card must perform it’s primary duties well to qualify as a great card. What works best for a chef running a restaurant may not be the best product for a mechanic, an online retailer, consultant, or events planner. Each business has unique requirements and operates in a different environment to its peers.
If you are a consultant required to travel for work but with few out of pocket expenses, your needs will differ vastly from those of a brick and mortar fashion retailer who doesn’t travel and is aiming to maximize cash back returns. Some business cards offer flexibility on big purchases via introductory 0% APR offers and low annual fees, other offer travel benefits such as elite status with hotels and annual travel credits in return for higher fees, while there are several cash back cards designed solely to maximize cash return on everyday business expenses.
With all that in mind, we’ve put together a list of highlights from some of our favorite rewards earning business cards, covering a wide range of the rewards spectrum and from a variety of credit providers.
Our Top Small Business Rewards Credit Cards
- 3X points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year
- 1X point per $1 on all other purchases
The Ink Preferred is one of our favorite business rewards credits, with a mammoth signup bonus for a reasonable minimum spend, a great bonus category structure, and accessible benefits that provide genuine value. At $95 a year, it offers one of the best cost/benefit ratios of any business card on the market.
- 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com
- Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year
- 1X point on other purchases
- Enroll to get up to $200 in statement credits annually by getting up to $100 semi-annually for U.S. purchases with Dell. Terms apply.
The Business Platinum Card maintains its place at the top of business rewards cards due to its stellar list of travel benefits. Aimed squarely at C-suite execs and entrepreneurs that travel for business, this card carries the best elite status perks of any card on this list.
- Airfare purchased directly from airlines
- U.S. purchases for advertising in select media (online, TV, radio)
- U.S. purchases made directly from select technology providers of computer hardware, software, and cloud solutions
- U.S. purchases at gas stations
- U.S. purchases at restaurants
- U.S. purchases for shipping
4X points applies to the first $150,000 in combined purchases from these 2 categories each calendar year; then earn 1 point per dollar.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
The go-to business credit card for everyday spending, the Blue Business Plus earns transferable Membership Rewards points on all business purchases. 2X Membership Rewards points on everyday business purchases such as office supplies or client dinners (applies to first $50,000 spent each year, then 1X)!
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.
The cashback version of the popular Blue Business Plus, cardholders earn a flat 2% back on all business expenses up to the first $50,000 per year. While there is no traditional welcome bonus, the card offers a generous intro APR of 0% on purchases for 12 months, then a 13.24% - 19.24% Variable APR will apply (Terms Apply)
- Free checked bags for you and up to 4 companions on domestic itineraries
- Priority boarding to help you win the race for overhead bin space
- A 25% discount on inflight food, beverage, and Wi-Fi purchases
- Reduced Mileage Awards can save you 7,500 miles on roundtrip MileSAAver Awards
- Earn 2X miles for every $1 spent on cable and satellite providers
- Earn 2X miles for every $1 spent at gas stations
- Earn 2X miles for every $1 spent on select telecommunications merchants
- Earn 2X miles for every $1 spent on car rentals
- Earn 2X miles for every $1 spent on eligible American Airlines purchases
- Earn 1X mile for every $1 spent on all other purchases
Great for any business operator that regularly flies American, the 65,000 bonus AAdvantage miles are good for two domestic return flights with miles left in your account and the free checked bag is a big money saver over the long term.
- $500 Cash Back once you spend $4,500 on purchases within 3 months from account opening
- 2% cash back for your business on every purchase, everywhere
- No foreign transaction fees
- $0 intro for first year; $95 after that
- 2 % Cash Back for your business on every purchase, everywhere.
The best straight business cash back card available, the Capital One® Spark® Cash for Business offers a fantastic bonus, a low annual fee, great benefits, and unlimited cash back on business purchases.
Special mention also goes out to the Marriott Bonvoy Business™ American Express® Card and the Southwest Rapid Rewards® Premier Business Credit Card, both exceptional cards in their respective programs offering a combination of sharp benefits and stellar welcome bonuses.
You don’t need to be an established business with years of history to obtain a business credit card. You could operate an Airbnb rental, resell products on Amazon, or walk dogs for in your local neighborhood. As long as you have a decent income and a fantastic credit rating, it may be easier than you think to take advantage of all that business rewards cards offer.
If there are any cards not on the list you think should have made the cut, let us know in the comments.
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