Business credit cards can help you keep track of your expenses and make essential purchases to help your company become more successful. The best cards offer 0% APR, but it is possible to find ones that offer even more. Whether it’s cash back, fraud protection, automatic expense reports, or bookkeeping integration, you want a card that goes beyond 0% APR. However, if 0% APR is the only thing you’re after, then you want the card that will give you the most amount of time so you can pay down your debts faster. To choose the best business credit cards we compared 0% intro APR periods, cash back rewards, and additional management tools. If you reach your credit limit, you may still be able to make business purchases with American Express’s ‘Expanded Buying Power.’ You can’t go over by an unlimited amount, but if you’re right on the line of your credit limit, and the purchase will push you past it, you may still be able to complete the purchase. Expanded Buying Power adjusts depending on your payment history, credit record, financial resources, and your monthly use of the card, which means the amount varies with each customer. If it is an important purchase, speak to a customer service representative about your needs. Blue Business Cash Card comes with a variety of expense management tools, too. For example, you can distribute as many employee cards as you need and can track their spending with summary reports and alerts. You can also designate an account manager to make monthly payments and manage the account on your behalf, and you can have your account synchronized with QuickBooks.
Pros:
2% cash back on the first $50,000 every yearNo annual fee0% APR on the first 12 monthsSpend beyond your credit limit if needed with ‘Expanded Buying Power’Get $250 statement credit after spending $3,000 in the first 3 months
Cons:
Cash back drops to 1% after $50,000 each yearAPR may jump to 25.99% after introductory period2.7% foreign transaction fee
Have a lot of employees who need to have their own card? Get as many cards as you need at no additional cost and set spending limits on each one. Plus Chase comes with free fraud protection so you can stay on top of what is going on at all times. Chase also offers a number of tools to help you manage your business. With the Ink Business Unlimited Credit Card it’s easy to separate business and personal expenses as well as integrate your expenses into bookkeeping software such as Quickbooks. You can also get a quick overview of your account’s details by dividing your expenses into quarterly, 6-month, annual, or 24 month reports.
Pros:
0% APR for the first 12 months$750 cash back bonus if you spend $6,000 in the first three monthsNo annual feeEmployee cards come at no additional cost
Cons:
Need good to excellent creditAfter 12 months, APR could be 17.74%-23.74%
If you have a business checking account with Bank of America and you qualify for the highest Preferred Rewards for Business tier, you can earn even more with each purchase. Get 5.25% cash back on a category of your choice, 3.5% on dining, and 1.75% on everything else. Business Advantage also comes with tools to help you manage your business, such as online and mobile access to your account, $100,000 in travel accident insurance, and fraud monitoring. You can also download all transactions and integrate them easily with your bookkeeping software. One major drawback to Business Advantage is that the 0% intro APR period only lasts for 9 months. If your primary purpose is to use the card as a balance transfer card, you may want to consider another option.
Pros:
3% cash back in the category of your choice2% cash back on dining and 1% on every other purchaseNo annual fee$300 cash back when you spend $3,000 in the first 3 months
Cons:
0% intro APR for only 9 months4% balance transfer fee3% foreign transaction fee
Though it doesn’t offer as much cash back than some other cards, it definitely has a competitive program. Spark 1.5% Cash Select comes with 1.5% cash back on your purchases, without any sort of spending cap where it then reduces to 1%. Spark 1.5% Cash Select card gets you cash back on all purchases regardless of how much you spend every year. This equals real savings. For example, Capital One estimates that if you spend as little as $10,000 a month, you’ll get $1,800 back each year. You’ll need an excellent credit rating before you apply and your legal business name, address, and business tax ID number. Cardholders will receive a variable APR between 13.49% and 19.49%.
Pros:
No annual fee$500 cash bonus when you spend $4,500 the first 3 monthsUnlimited cash back rewards
Cons:
Maximum variable APR of 19.49%
If you have multiple designated users on the account you can track spending easily either online or via the mobile app. Each U.S. Bank card also comes with 24/7 fraud monitoring and zero fraud liability, which means you are not responsible for any purchases that you or your employees did not make. With 15 billing cylces of 0% APR on both purchases and balance transfers (then, variable APR 18.24% - 27.24%), no annual fee and cash back rewards that never expire, the Triple Cash Rewards Card is a strong choice for any business owner. Pay down your debt and save up your rewards without worrying so much about deadlines.
Pros:
0% APR for the first 15 billing cycles3% back at gas stations, restaurants, office stores, and cell phone providers1% back for online shoppingNo annual fee$500 cash back if you spend $4,500 within the first 150 days
Cons:
Balance transfers must be made within 30 days of opening the card to receive 0% APR
First we looked at cards that offered longer 0% intro periods. Many cards only offer 0% for six months, but six months can fly by when you’re running a business. We preferred 12 months, but made an exception for Bank of America because of its healthy cash back rewards system. Next we looked at back bonuses and cash back rewards. The card needed to offer some sort of cash back bonus that was outside of a cash back rewards system. Lastly, we wanted bookkeeping integration, understanding that there are really great cards out there that don’t presently offer this feature. Next, you will want to consider other perks like cash back bonuses and cash back rewards. If you’re not just looking for the maximum amount of time you can get 0% APR, we recommend having a healthy balance of everything. Unfortunately, the US Bank Visa® Platinum card doesn’t come with too many other benefits. However, if you’re using it for your business, you can choose your payment date so it coincides with paid invoices. You can also enroll in autopay so you never miss a payment.
