Some Great Business Credit Cards with Rewards

If your business is in a financial position where paying off credit card balances in full every month is not too much of a stretch then a low APR on your business credit card becomes less of an issue and you may want to look for business credit cards that offer great rewards instead. There are a great many business credit cards that come with rewards programs attached to them these days but to make the most of these rewards you should look for a credit card that works best with your company’s usual spending habits. For instance if you have a number of salespeople who are on the road a great deal chances are that your company spends a lot on gas, hotel accommodations and restaurants. In this case a business credit card that offers extra cash back on these kinds of purchases. Here is a little about some of the best business credit cards with great rewards programs.

Capital One Venture for Business

This business credit card is one of those cards that offers great travel rewards and is perfect for those who are on the road a lot. All purchases are rewarded at a “double miles” rate, that is 2 miles per $1 spent and there are regular opportunities to earn bonus miles. For every extra employee card you order – which is provided free of charge – you earn 5,000 bonus miles and if $1,000 or more is spent on the card during the first 3 months you earn another 10,000 miles. In addition all travel regulated purchases on the card earn bonus miles at different rates as well. Miles can be redeemed on air travel with any airline, hotel stays or even on gift certificates.

Other than the excellent rewards program the Capital One Venture for Business offers a 13.9% APR, no foreign transaction fees and the $59 annual membership fee is waived for the first year.

Chase Ink Bold with Ultimate Rewards

This is actually Chase’s new business charge card offering, designed to compete with American Express in the business market. That does of course mean that all balances must be paid off in full each and every month but the Ink Bold card rewards its users well for their good financial habits and begins rewarding them right away. When the very purchase is made on the card cardholders are awarded 25,000 bonus points, which instantly works out at $312 towards an airline ticket of your choice.

From that point on all purchases are rewarded at a rate of 1 point per $1 spent, whatever you spend money on. There is no limit on the amount of points you can earn and the points do not have an expiration date attached to them.

Although there are some great travel rewards that businesses may choose to redeem their rewards towrads that is far from their only choice. If you have additional cards for employees your card statement will show the number of points each card earned individually every month. Some savvy employers use this to their advantage, allowing their employees to use and redeem their own “share” of the reward points on anything from electronics to clothing store gift certificates, a nice incentive bonus that actually does not cost the employer any extra cash.

The Plum Card from American Express

It has been a while now since American Express began offering traditional credit cards as well as their legendary charge cards to both their personal and business customers. The Plum Card from American express may be one of their best business offerings yet though.

As long as a business can demonstrate they have been in business for two years and have some kind of positive cash flow they can be approved for the Plum Card. There is no pre set spending limit attached to the card and businesses have a choice when it comes to paying their balances. If they pay off in full one month an automatic 1.5% discount is awarded to them. If they do elect to carry a balance they can do so for two months before the balance has any interest charges added to it.

Plum Card cardholders are given $200 worth of credit to use on certain business purchases. For instance you can apply that bonus to the cost of running a help wanted ad on, placing advertising with Bing and, using the services of on-line legal advisory Legalzoom,com or with, a credit card processing service. All of these expenditures are useful to businesses and may count for more in the long run to the business than gift certificates or travel rewards. In addition the first years annual fee is waived.

Gold Delta Sky Miles from American Express Open

Mot companies eventually enact a travel policy that decrees that wherever possible a certain airline be used, wherever possible, for business travel. If your company happens to choose delta then using this business credit card could save you money while giving you flexible repayment options and increased spending power.

Rewards are awarded as miles and cardholders are awarded 20,000 of them as soon as they make their first purchase on the card. Any additional employee cards ordered – at no charge – net 5,000 more bonus miles each when they are activated. That alone – 25,000 miles – is enough for a domestic air ticket on any domestic Delta flight in the US, quite a nice welcome bonus!

Miles are awarded at a rate of 1 per $1 spent and do not expire at any time. In addition every time a delta ticket is purchased on the card you can score discounts of up to $250 every time as well as getting to check your first piece of baggage at no charge. In addition you earn 2 miles for every $1 that the ticket costs.

The card itself comes with a very reasonable 14.9% APR and the first years annual fee is waived. After that the annual fee is $95, but each year that you renew the card and pay that fee you will be rewarded with a $100 delta companion gift certificate.