The following are 5 of the best business startup credit cards to consider that can help you when starting your business; an excellent entryway to building business credit and get some funding to get going. Advertising and branding campaigns cost a lot when you are just starting out. Some of these cards will prove to be more beneficial than others.
#1 of the Best Startup Business Credit Cards
The Chase Ink Business Preferred card is popular for small business owners and entrepreneurs. The card offers a variety of benefits, including cash back on business expenses, travel rewards, and extended warranty protection, which the business owner can enjoy. In addition, the card offers 3x points on travel and dining and 1x on all other purchases.
Does your business involve a lot of traveling? This may be the best choice for you because you are always on the go. As a business owner one of the benefits you get annually because of spending is on your taxes for mileages and gas expenses.
This card is an added benefit if your business is heavily reliant on traveling because of the 3x points your received, which will add up quickly for re-use.
The business owner can redeem the points for cash back, gift cards, or travel expenses. In addition, the card has valuable features, including free employee cards, no foreign transaction fees, and purchase protection. The card also has a relatively low-interest rate and no annual fee.
As a result, it is an attractive option for business owners who are looking to save money on their business expenses. The Chase Ink Business Preferred card is available through Chase's website and can be used anywhere Visa is accepted.
Chase Ink Business Preferred Card
American Express Blue Business Plus Card
#2 of the Best Startup Business Credit Cards
The American Express Blue Business Plus card is an excellent choice for businesses that want to earn rewards on their everyday spending. With no annual fee and a solid rewards program, the Blue Business Plus is an excellent option for businesses that want to earn rewards on their everyday spending.
The Amex card offers 2x points on all purchases, with no limits or restrictions, making it an ideal choice for businesses that want to earn rewards on their everyday spending. It comes with a 0% introductory APR on purchases and balance transfers for the first 12 months, making it an excellent choice for businesses that need to finance a large purchase or consolidate debt.
This card is great is your are going to push aggressively for your business in the first 12 months of getting the funds to market and advertise your business.
Overall, the American Express Blue Business Plus card is an excellent choice for businesses that want to earn rewards on their everyday spending and you get some reward points to accumulate and re-invest in your business.
#3 of the Best Startup Business Credit Cards
The Capital One Spark Cash for Business card is an excellent choice for business owners who want to earn cash back on their everyday business expenses. With this card, you'll earn 2% cash back on every purchase, with no limit to the amount you can earn. Instead of a points based reward system, your get a fixed percent return on your spending. Every 2% compounded adds up.
Get $500 Cashback
The spark cash for the business card also comes with a welcome bonus of $500 when you spend $4,500 in the first three months after opening your account. In addition, you'll get a 0% intro APR on purchases and balance transfers for the first 12 months, which can save you money on interest charges. Finally, this card has no annual or foreign transaction fees, making it an excellent option for businesses that frequently travel or purchase in other countries.
Launching a brand campaign and planning to spend more than $5,000 of advertising within the first 3 months? If so, this is the card for you.
With this card you'll get access to Capital One's Concierge service, which can help with everything from finding restaurants to making travel arrangements. When it comes to business credit cards, the Capital One Spark Cash for Business card is an excellent option for earning cash back on your everyday business expenses.
Capital One Spark Cash for Business Card
#4 of the Best Startup Business Credit Cards
U.S. Bank FlexPerks Gold American Express Card
The U.S. Bank FlexPerks Gold American Express Card is an excellent choice for a flexible rewards card. The card offers 2 FlexPoints per $1 spent on gas, grocery, and airline purchases and 1 FlexPoint per $1 spent on all other purchases. The points can be redeemed for travel, merchandise, or gift cards, and there are no blackout dates or restrictions on redemption.
The card has other perks, including 24/7 customer service, fraud protection, and extended warranty protection. There is an annual fee of $85, but the card has no foreign transaction fees, making it a good choice for travelers. Overall, the U.S. Bank FlexPerks Gold American Express Card is an excellent choice for anyone who wants a flexible rewards card with no restriction on redemption.
#5 of the Best Startup Business Credit Cards
The CitiBusiness / AAdvantage Platinum Select World Mastercard is an excellent choice for business owners who want to earn rewards for their business spending. The card offers 2x points on American Airlines purchases and 1x on all other purchases.
The business can redeem the points for flights, hotel stays, and other travel expenses. In addition, the card has many other benefits, including a $100 American Airlines flight discount, priority boarding, and free checked bags. With an annual fee of $95, and there is no foreign transaction fee.
The card offers 2x points on American Airlines purchases and 1x on all other purchases. Businesses can redeem the points for flights, hotel stays, and other travel expenses. In addition, the card has many other benefits, including a $100 American Airlines flight discount, priority boarding, and free checked bags. The annual fee is $95, and there is no foreign transaction fee.
APR Starting at 17.49%
There is also an introductory APR of 0% for the first 12 months on balance transfers and purchases. After that, the APR will be 17.49% - 24.49%, depending on your creditworthiness.
The CitiBusiness / AAdvantage Platinum Select World Mastercard is an excellent choice for business owners who want to earn rewards on their business spending!
CitiBusiness / AAdvantage Platinum Select World Mastercard
Comparison of APR Rates of the Selected Cards
(As of December 2022)
Chase Ink Business Preferred Card
APR: 18.99% - 23.99%
Annual Fee: $95*
3 Key Benefits
- 3x points on travel and dining
- 1x on all other purchases.
- Best choice for traveling and dining in terms of points
American Express Blue Business Plus Card
APR: 16.99% - 24.99%
Annual Fee: $0
3 Key Benefits
- 2x points on all purchases
- 0% APR first 12 months
- No Annual Fee
Capital One Spark Cash for Business Card
APR: 0% - 26.99%
Annual Fee: $0 or $150*
3 Key Benefits
- 2% cash back on every purchase
- Welcome bonus of $500 when you spend $4,500 in the first three months
- 0% APR first 12 months
- No Annual fees, depending on type of card chosen
U.S. Bank FlexPerks Gold American Express Card
APR: 14.49% - 24.49%
Annual Fee: $85*
3 Key Benefits
- 2 FlexPoints per $1 spent on gas, grocery, and airline purchases
- 1 FlexPoint per $1 spent on all other purchases
- No blackout dates or restrictions on redemption
CitiBusiness / AAdvantage Platinum Mastercard
APR: 17.49% - 24.49%
Annual Fee: $99*
3 Key Benefits
- Offers 2x points on American Airlines
- Purchases and 1x on all other purchases
- $100 OFF American Airlines flight discount, priority boarding, and free checked bags
The business credit cards mentioned in this article are excellent choices for anyone looking for a card that offers rewards on their business spending.
They all come with various perks and benefits, making them well worth the annual fee. So, which one is right for you? It depends on your individual needs and preferences. Are you looking for a flexible rewards card? No matter your needs, a business credit card will be perfect for you!
Disclaimer: As the author of this this post, I am not a financial advisor; if interested in any of these cards. Please visit each financial institution and get more in-depth information specifically on each card before making your decision.
Branding Design Pro | Design Studio
Branding Design Pro is a branding and logo design studio; it's only worth mentioning if you are in the early stages of your business plan to launch. We offer a free brand design consultation. For more information, you can visit the home page or the brand design portfolio to view examples of our work. If you need a 3D product render or design, you can also schedule a meeting to discuss your vision and inquire for a quote specific to the project.
