Business Credit Cards

The Best Credit Cards for Small Business Owners in 2022

As a small business owner, it is essential to have the right tools and resources to help your business grow and succeed. One important tool that can benefit your business is a credit card designed specifically for small business owners. These credit cards often come with perks and rewards that can help you save money and earn valuable benefits for your business. In this article, we will explore some of the best credit cards available for small business owners in 2022.

1. Chase Ink Business Preferred

The Chase Ink Business Preferred is a popular choice among small business owners. This credit card offers a generous sign-up bonus, along with a variety of rewards and benefits. With the Chase Ink Business Preferred, you can earn valuable Chase Ultimate Rewards points, which can be redeemed for travel, cash back, or gift cards. Additionally, this card offers travel and purchase protection benefits, making it an excellent choice for small business owners who frequently travel or make large purchases.

2. American Express Business Gold Card

The American Express Business Gold Card is another top choice for small business owners. This card offers a flexible rewards program, allowing you to earn points on various business purchases. The rewards can be redeemed for travel, gift cards, or even transferred to airline and hotel loyalty programs. In addition to the rewards program, the American Express Business Gold Card also offers benefits such as purchase protection and extended warranty coverage.

3. Capital One Spark Cash for Business

If you prefer a straightforward cash back program, the Capital One Spark Cash for Business is an excellent option. This credit card offers unlimited 2% cash back on all purchases, making it easy to earn rewards on your everyday business expenses. The cash back can be redeemed as a statement credit or deposited directly into your bank account, providing flexibility and convenience for small business owners.

4. Discover it Business Card

The Discover it Business Card is a great choice for small business owners who want to earn cash back rewards without an annual fee. This credit card offers 1.5% cash back on all purchases, with no spending caps or category restrictions. Additionally, Discover will match all the cash back you earn in the first year, making it an excellent option for maximizing your rewards.

5. CitiBusiness/AAdvantage Platinum Select Mastercard

If you frequently travel for business and prefer an airline rewards program, the CitiBusiness/AAdvantage Platinum Select Mastercard is worth considering. This credit card offers American Airlines AAdvantage miles for every dollar spent on eligible purchases. The miles can be redeemed for flights, upgrades, and other travel-related expenses. Additionally, this card provides travel benefits such as free checked bags and priority boarding on American Airlines flights.

Conclusion

Choosing the right credit card for your small business can significantly impact your finances and provide valuable benefits. The credit cards mentioned in this article are just a few of the options available to small business owners in 2022. Before applying for a credit card, it is essential to consider your business's specific needs and goals. By carefully reviewing the rewards, benefits, and fees associated with each card, you can find the best credit card that suits your small business and helps it thrive in the coming year.