Comparing the Best Business Credit Cards for New Businesses with Cashback Rewards
Discover the top business credit cards for new businesses with cashback rewards. Compare features and benefits to find the perfect card for your needs.
Comparing the Best Business Credit Cards for New Businesses with Cashback Rewards
One of the first steps to building a successful business is establishing a solid financial foundation. A great way to achieve this is by applying for a business credit card. Not only can it help you keep your personal and business expenses separate, but it can also provide you with cashback rewards that can help you save money. In this article, we'll compare some of the best business credit cards for new businesses with cashback rewards.
Chase Ink Business Unlimited
The Chase Ink Business Unlimited card is a great option for new businesses as it offers a flat rate of 1.5% cashback on all purchases. Additionally, there is no annual fee and new cardholders can earn a $750 bonus cashback after spending $7,500 within the first three months of opening the account. This card also offers a 0% introductory APR for the first 12 months, making it an excellent choice for businesses that need to make large purchases.
Capital One Spark Cash for Business
The Capital One Spark Cash for Business card offers a flat rate of 2% cashback on all purchases. It also offers a $500 cash bonus after spending $4,500 within the first three months of opening the account. This card has an annual fee of $95, but it is waived for the first year. Additionally, it offers free employee cards, making it an excellent choice for businesses that have multiple employees who need access to a credit card.
American Express Blue Business Cash Card
The American Express Blue Business Cash Card offers 2% cashback on all purchases up to $50,000 per year, then 1% cashback for the rest of the year. It also offers a $250 statement credit after spending $3,000 within the first three months of opening the account. There is no annual fee for this card, making it an excellent choice for businesses that want to save money. Additionally, this card offers extended warranty protection and purchase protection, which can help protect your business purchases.
Conclusion
When it comes to choosing the best business credit card for your new business, it's important to consider your specific needs and spending habits. All of the cards mentioned above offer great cashback rewards, but they each have their own unique features and benefits. The Chase Ink Business Unlimited card is a great option for businesses that make a lot of purchases, while the Capital One Spark Cash for Business card is ideal for businesses with multiple employees. The American Express Blue Business Cash Card is an excellent choice for businesses that want to save money on an annual fee and protect their purchases. No matter which card you choose, make sure to use it responsibly and pay off your balance in full each month to avoid accruing unnecessary interest charges.