Which Business Credit Cards Will Be Most Effective in 2024?

As long as you are approved for a business card, you can keep accruing points toward your total. Some of the best point programs, such as Chase Ultimate Rewards, American Express Membership Rewards, Capital One Venture Miles, and even specific airline and hotel programs, offer business cards that earn the same amount of points as their regular consumer cards, and sometimes even more.

Most travelers are confused by that and decide not to take these deals at all. That might be incorrect: Obtaining a company credit card is significantly less difficult and daunting than you would imagine. Qualifying is also much easier than you might expect.

Credit cards are still a big deal. Never apply for a credit card if you have outstanding debt, and never charge more than you can afford to pay off right away on a credit card. This is particularly true when considering corporate credit cards, as the minimum expenditure needed to qualify for a significant bonus is frequently greater than what is offered by consumer cards. For travelers hoping to accrue more points and miles this year, here is our list of the top business credit cards.

The Cash-Back Ink Chase Business Cards

Two powerful cash-back business cards with no annual fee are the Chase Ink Business Cash® Credit Card and the Chase Ink Business Unlimited® Credit Card. These two Ink Business cards are worth a close examination by small business owners who currently have a card that accrues Chase Ultimate Rewards points, such as the Chase Ink Business Preferred® Credit Card, the Chase Sapphire Preferred® Card, or even the Chase Sapphire Reserve®. If you carry one of those cards in your wallet, you can convert the cashback from these two Ink cards into Ultimate Rewards points, which increases the value of the rewards significantly—particularly if travel is your ultimate objective.

Complete Advantages of the Business Cash Credit Card from Chase Ink

  • Get $750 in bonus cash back after you spend $6,000 during the first three months of opening an account.
  • There is no yearly cost for the card.
  • Purchases of office supplies on your first $25,000 of annual spending will earn you 5x points (5% cash back) on internet, cable, and phone service.
  • On your first $25,000 of purchases per year, you’ll receive 2x points (2% cash back) at restaurants and petrol stations.
  • On all other eligible purchases, earn 1x points (1% cash back).
  • primary damage waiver and collision insurance for rental cars
  • protection against misplaced luggage up to $3,000 per passenger, per trip
  • At no extra cost, add employee cards

The Chase Ink Business Preferred® Business Card

With little doubt, the Chase Ink Business Preferred® Credit Card is the company’s best business travel rewards card, if the Chase Sapphire Preferred and Sapphire Reserve are its best travel rewards cards. The Ink Business Preferred card combines robust travel advantages, a substantial welcome bonus, and a stable ongoing spending return. Spending $8,000 within the first three months of card enrollment will also earn you 100,000 Chase Ultimate Rewards points. We’ve never seen an offer on the card this big before. This is a fantastic opportunity for small company owners to gain a ton of points.

Complete Advantages of the Business Preferred® Credit Card from Chase Ink

  • Fresh Offer for Cardholders! Get $100,000 in bonus points once you make $8,000 in purchases during the first three months of starting your account.
  • Obtain three times as many points. For every dollar you spend on travel, shipping, internet, cable, phone service, and advertising purchases from search engines and social media platforms, up to a total annual spending of $150,000.
  • Get one extra point: For every $1 spent on additional purchases, you can earn an infinite number of points.
  • The value of each point is 25%. Furthermore, every point earned through the Chase Ultimate Rewards travel portal is now worth 1.25 cents. In other words, the 100,000-point welcome bonus is worth a minimum of $1,250.
  • 1 1 Points Transfer: Transfer points to numerous partners of Chase Ultimate Rewards, including United, Southwest, Hyatt, and many more. A point is equivalent to one hotel point or one airline mile.
  • A $600 Coverage for Cell Phones: When you pay for your cell phone bill with your Ink Business Preferred Card, you can receive up to $600 in coverage for repairs or replacements, less a $100 deductible. Phones that are stolen or damaged are covered; lost phones are not.
  • Obtain additional employee cards for free.
  • There are no fees for foreign transactions.
  • Annual Fee of $95

Business Platinum Card® from American Express

The American Express Platinum Card® may already be well-known to and beloved by you. Introducing its relative – specifically for proprietors of small enterprises. Numerous excellent perks are also offered by American Express’s Business Platinum Card®. And even if you have to spend a lot within the first three months of your card membership, you can get 120,000 American Express Membership Rewards points once you spend $15,000 during that time.

Thus, it’s a great way to rack up a ton of points with one of our favorite small business cards if you own a small business and can afford this kind of expenditure.

Complete Perks of American Express’s Business Platinum Card®

  • During the first three months of your card membership, you can earn 120,000 Membership Rewards points after spending $15,000. However, you can use an incognito browser to see if you can find a larger bonus of 150,000 points!
  • Get five times the Membership Rewards points for travel and lodging reserved through amextravel.com, up to a $500 maximum.
  • Up to $2 million in annual spending can be earned on all qualifying purchases of $5,000 or more, earning 1.5 times Membership Rewards points.
  • Get 1.5 times Membership Rewards points at electronic product stores, cloud service and software providers, hardware suppliers, U.S. building supply companies, and shipping companies for purchases up to $2 million annually.
  • $200 Credit for Airline Fees: Get up to $200 for incidental airline costs at a single airline every calendar year. Learn more about how to utilize this credit to its full potential.
  • Get access to lounges such as Amex Centurion Lounges, Priority Pass Select membership, Escape Lounges, Plaza Premium lounges, and Delta Sky Clubs (when traveling on Delta).
  • A $100 application fee credit can be applied to either TSA PreCheck or Global Entry. The application fee ($85 for TSA PreCheck and $100 for Global Entry) will be refunded if you use the Amex Business Platinum Card to pay for your application.
  • Get a 35% rebate on flight redemptions on the airline of your choice, up to a maximum of 1,000,000 bonus points annually. This is my favorite feature of the card. Find out more about this profitable benefit.
  • $400 in Dell Annual Statement Credits: Get $200 twice a year for Dell purchases made in the United States, and you might receive up to $400 in statement credits each year.

Gold Card for American Express® Business

Do you not want to pay the $695 yearly charge associated with the American Express Business Platinum Card? You can also earn a ton of Membership Rewards points with the American Express® Business Gold Card, which is another fantastic option.

Initially, you will receive 70,000 points upon spending $10,000 within the first three months of card membership; however, using personal referral links or browsing in an incognito browser has been known to yield larger bonuses.

The Gold card, however, is a fantastic choice since, with up to $150,000 in total expenditures made in a single calendar year, you will receive four times the points for every dollar spent in the two categories where your company spends the most each month. These classifications consist of:

  • Purchases made in the US for advertising in particular media (internet, TV, radio)
  • Purchases made in the United States from vendors of software and cloud systems and merchants of electronics
  • Monthly fees for wireless phone service that are paid to a U.S. wireless phone service provider directly.
  • American gas station purchases
  • Takeout and delivery purchases made in the United States at restaurants
  • Transportation purchases: taxis, trains, ferries, ridesharing, parking, tolls, buses, and subways

An American Express Blue Business® Plus Credit Card

One of our best no-annual-fee credit cards is the American Express Blue Business® Plus Credit Card (see rates & fees). Up to $50,000 annually in routine company purchases earns it twice as many Membership Rewards points.

This card is excellent for companies who spend a lot of money in categories where other cards wouldn’t provide a multiplier.

  • Welcome Offer: After spending $3,000 on eligible purchases made with the card during the first three months of your card membership, you will receive 15,000 Membership Rewards® points.
  • Get double Membership Rewards points for the first $50,000 of annual spending.
  • After spending $50,000 in a year, receive one Membership Rewards point.
  • Expanded Buying Power allows you to make purchases over your credit limit. Your use of the card, your payment history, your credit record, and other factors all affect how much you can spend over your credit limit.

Business Spark Miles from Capital One

Consider the Capital One Spark Miles for Business to continue accruing points if you currently hold a card similar to the Capital One Venture X Rewards Credit Card or the Capital One Venture Rewards Credit Card. After spending $4,500 within the first three months of card membership, the card comes with a 50,000-mile welcome offer incentive. Also, you will accrue an infinite number of double miles for each dollar you spend, regardless of your spending cap or category.

Additionally, a price credit of up to $100 will be given to you for TSA PreCheck or Global Entry. For the first year, there is no annual charge associated with the card; thereafter, it costs $95 annually. Additionally, even though the miles you accrue are called Spark Miles, they function exactly like Venture Miles and are readily merged if you own both.

Leave a Comment