Best business credit cards for September 2021
For business owners, having the right business credit card can help you manage your finances and make the most out of certain purchases. Similar in bonus structure to a consumer credit card, a business credit card has a distinct difference: It may also provide rewards for business-oriented spending categories — think office supplies, telecommunications and even social media or SEO services.
Before signing up for a business credit card, you’ll want to consider how much time you want to invest in redeeming rewards. And you’ll need to have a good understanding of your cash flow — how much you’re spending and where you’re spending it. You’ll also need to determine how high you’d like your credit limit to be. You don’t want to bite off more than you can chew financially since that could damage your credit. In addition, you’ll want to make sure you’ll actually be purchasing things that fall into your card’s “eligible purchase” bucket. These factors will help you determine which card works best for your business.
Ready to start earning business rewards and take your credit card to the next level? We did a deep dive to determine which business credit cards have the lowest fees and the best perks (like a signup bonus). We’ll update this list periodically as we review new cards.
Best overall cash-back rewards
American Express Blue Business Cash™ Card
- Annual fee: $0 (see rates and fees)
- Reward rates: 2% cash back on all eligible purchases on up to $50,000 per calendar year (then 1%). Cash back earned is automatically credited to your statement.
- Welcome bonus: $250 statement credit
- Bonus redemption threshold: Spend $3,000 in purchases on your card in the first 3 months
- APR: 13.24% to 19.24% variable (0% intro APR on purchases for first 12 months from date of account opening) (see rates and fees)
The Blue Business Cash credit card from American Express has two features that stand out: It has the highest flat cash-back reward rate of all the no-annual-fee cards we evaluated, and it has automatic reward redemption. The first feature speaks for itself, but the second is sneakily awesome. Most credit cards require you to log in and manually redeem points or miles when you hit a certain threshold (such as 2,500 points or $25). The Blue Business Cash card, in contrast, automatically applies your cash rewards to your account, so you save money without even thinking about it.
This card offers all of the standard features you want in a business credit card: Up to 99 employee cards for no additional charge (see rates and fees) and an account manager, spending summaries organized by category and the American Express Business App, which helps manage receipts…Read more>>