There are other perks with the Ink Business Preferred® credit card, like trip cancellation and interruption insurance, roadside assistance, rental car insurance, purchase extended warranty protection. Your employees can also get free cards, which you can easily track online and set spending limits anytime. This travel rewards business credit card also offers cell phone protection, which offers damage and theft protection up to $500 per claim for all cardholders, including employees. And, if you like the card, you can refer other business owners and get up to 100,000 additional points each year when they are approved for a Chase business card.
Pros:
Introductory welcome bonusNo foreign transaction feePoints are worth 25% more when redeemed through the Chase Ultimate Rewards portalTiered rewards programReferral bonus
Cons
$95 annual fee5% balance transfer feeHigher cashback rewards limited to the first $150,000 annual spend
Miles can be used to book hotels, flights, and vacation packages to over 15 travel partners, including Air France KLM, British Airways, JetBlue, and Qantas. There are no blackout dates or seat restrictions, and Capital One does not put a minimum on points redemption when redeemed for travel. When you have to renew Global Entry or TSA PreCheck, you can activate a $100 travel credit to offset the cost. There are no foreign transaction fees when using the Capital One Spark Miles for Business credit card internationally, and the card also includes free roadside assistance you can use anywhere.
Pros:
The first year $0 annual feeFree employee cardsTransfer miles to over 15 travel loyalty programsNo blackout dates or points minimums to meet
Cons:
$95 annual fee after the first yearNo intro APRRequires excellent credit
Each year when your card renews, you get a companion certificate to allow a person of your choosing to fly free with you. Enjoy no foreign transaction fees when flying internationally and get complimentary access to The Centurion® Lounge or Escape Lounge when you purchase your Delta flight ticket with your business credit card.
Pros:
Companion certificateTravel credits and lounge accessWelcome bonus
Cons:
High annual feeLow mile earn on purchases less than $5,000
With the Business Advantage card, there is no limit to how many points you can earn, and they don’t expire. If you have a Bank of America business checking account and qualify for Preferred Rewards for Business, you earn up to 75% more points per purchase. This card has no annual fee or international transaction fees. Points can be redeemed for non-travel related incentives like cash back or gift cards. But if you want the most out of your points, book car rental, hotel stays, and plane tickets through the Bank of America Travel Center with no blackout dates.
Pros:
0% intro APR for 9 billing cyclesWelcome bonus pointsNo annual feeNo limit to earning rewards
Cons:
Must have excellent credit to be approvedExisting Bank of America customers get the best perks
Being a Wyndham Rewards Earner® Business Card cardholder also gets you immediate Diamond level membership, which comes with its own perks, such as suite upgrades and welcome gifts at check-in. There is no limit to how many points you can earn in a year with the Wyndham Rewards Earner® Business Card. If Wyndham properties aren’t your thing, you can still use your points for several redemptions, including car rentals, plane tickets, airline partner transfers, gift cards, merchandise, and more.
Pros:
0% intro APR for 6 monthsFree employee cardsAnnual bonusUnlimited earning potentialNo foreign transaction feeTransfer points outside hotel network
Cons:
$95 annual feeHotel awards may be subject to blackout datesLow redemption value outside hotel redemptions
The information referenced here may not be the most up to date. Fee structures, perks, special offers, rates, and requirements are subject to change without notice. Rates and fees are usually based on the prime rate and are subject to fluctuation. Before you apply for a business credit card, you should be prepared to provide both your personal and business information on the application. Using the card wisely and considering the additional cost of annual fees and accruing interest can help you make the right choice when compared to other perks and incentives. If you don’t already have a business checking account to keep your business and personal finances separate, you should consider which is the best option for your business before applying for a credit card. Separating your personal and business finances will protect your personal assets if the business were to default on a credit card or other loan agreement.
The Business Platinum Card® from American Express (See Rates & Fees): This card has a steep $695 annual fee but includes up to a $200 airline fee statement credit and up to $200 in annual Dell credits per year. Airline lounge membership is also included, with Priority Pass access to American Express Centurion lounges and Delta Sky Clubs. If you spend $15,000 in the first 3 months of opening the card, you get an additional 120,000 points while regularly earning 5 points on American Express Travel bookings and 1.5 points on all eligible purchases of $5,000 or more, on up to a total of $2 million per calendar year.United Club℠ Business card: This card comes with a hefty $450 annual fee and requires excellent credit. You can earn 2 miles per dollar spent on United Airlines purchases and 1.5 miles on all other purchases. The welcome offer is 75,000 bonus miles after $5,000 spent in three months. If you regularly travel United, this card gets you to access to the United Club, Premier airport access, and Hertz President’s Circle status.
