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Top 5 December 2023 business credit cards

Running your own business is challenging, but not impossible. There are ways to make it manageable and a credit card may be one of them. Business credit cards are a convenient way to make business related purchases. Plus, they help you keep business expenses separate from your personal ones. Business credit cards offer other benefits as well. They help you build business credit, offer useful business tools, and may have rewards. New or small businesses can qualify for a business credit card as well.

#1 credit card	#2 credit card	#3 credit card	#4 credit card	#5 credit card
Revenued Business Card	Chase Ink Business Premier℠	GM Business™ Mastercard^®	CitiBusiness^® / AAdvantage^® Platinum Select^® Mastercard^®	BILL Divvy
	Not Available
apply now	Offer is not available	apply now	apply now	apply now
		on Goldman Sachs' secure website	on Citi's secure website
Bonus Offer
Earn $500 cash back after you spend $5,000 in eligible purchases on the Card within your first 3 months of Card Membership.	Earn $1,000 bonus cash back after you spend $10,000 on purchases in your first 3 months from account opening.²	Get $750 in Bonus Earnings to redeem with GM when you spend $5,000 in your first 5 months.	Earn 65,000 American Airlines AAdvantage^® bonus miles after spending $4,000 in purchases within the first 4 months of account opening.	—
Earning Rewards
Earn 3% cash back on every single card purchase. All categories apply.	Earn a total of 5% cash back on Lyft rides through March 2025 with your Chase Ink Premier card. That's 3% in addition to the 2% you already earn on travel.² Earn a total of 2.5% cash back on every purchase of $5,000 or more. That's $250 on a purchase of $10,000 when redeemed.² Turn all your business expenses into rewards with unlimited 2% cash back on all other business purchases.²	5% Earnings on purchases of eligible GM parts, accessories and service at authorized GM dealers. 3% Earnings on purchases at gas stations, restaurants and office supply stores. 1% Earnings on all other purchases.	Earn 2 AAdvantage^® miles per $1 spent on eligible American Airlines purchases, and on purchases at telecommunications merchants, cable and satellite providers, car rental merchants and at gas stations Earn 1 AAdvantage^® mile per $1 spent on other purchases Earn 1 Loyalty Point for every 1 eligible AAdvantage^® mile earned from purchases	Control your rewards earnings: earn 2x - 7x on restaurants, 2x - 5x on hotels, 1.5x - 2x on recurring software subscriptions and 1x - 1.5x on everything else.
Intro APR on Purchases
Factor based	No intro APR²	0% (12 Months)	N/A	N/A
Ongoing APR
N/A	19.49% to 27.49%, based on your creditworthiness.²	19.24% to 29.24% variable purchase APR based on creditworthiness. Rates as of 8/1/2023	21.24% - 29.99% (Variable)	See terms
Annual Fee
$0	$195²	None *Rates and Terms and Benefit Terms	$99, waived for first 12 months Rates & Fees	$0
	Not Available
apply now	Offer is not available	apply now	apply now	apply now
		on Goldman Sachs' secure website	on Citi's secure website

What are
business credit cards?

A business credit card is basically a usual credit card with a revolving line of credit, but it's specifically designed for business owners and offers benefits, tools and services suited to businesses. Business owners can use a business credit card, repay and use it again.

Best business credit cards typically come with higher credit limits, greater rewards for businesses, tools to help you manage spending, and employee cards. Some cards will require you to pay the balance in full every month - business charge cards, the others will allow you to pay over time, like traditional credit cards.

Large businesses owners, sole proprietors, limited liability companies, freelancers, corporations, startups, small business owners, and anyone in-between can be eligible for a business credit card. You don't have to have employees or/and office to qualify. In some cases, you are not even required to provide an Employer Identification Number (EIN) to apply for a business credit card.

Designed for Businesses

Business credit cards have everything to make money management easier for a small business.

EIN not Required

Sole proprietors and freelancers can qualify for a business credit card without providing an EIN.

Different Liability Protections

Business credit cards are not protected by the CARD Act of 2009. However, some cards may have them anyway.

Different Payment Terms

Some cards may have extended payment options to finance large purchases with special terms.

Business Credit

Business credit card issuers report your account activity to business credit bureaus.

How business credit cards work

Business credit cards work similarly to personal credit cards: you charge purchases on your card and then receive a statement with the total balance owed and the minimum amount due at the end of each billing cycle. If you carry a balance from month to month, you will be charged interest, but if you pay your bill in full each month, you won't be charged any interest. Your interest rate will depend on your creditworthiness (your personal or your business's).

Many business cards are charge cards. That means you are required to pay off the card balance in full each month. The main advantage of business charge cards is that they generally have no preset credit limit. But if you are a new business or a startup with costs you plan to pay for over time or unpredictable income, a charge card may not be the best choice. Big businesses, on the other hand, may find charge cards with no set credit limit ideal for their big monthly expenses.

Business credit cards may be reported to business credit bureaus, including Dun & Bradstreet, Experian Business Credit, and Equifax Small Business. The better your business credit, the better credit options you will see down the road.

While business credit cards are great for paying for things, you cannot or should not use them for making payroll, consolidating debt, property lease payments, paying invoices from some vendors.

When you apply for a business credit card, you may be required to provide your personal information and information about your business. The personal information is usually similar to the one required for a personal credit card application (e.g.: name, date of birth, social security number, and address). Business related information can include the name of business, industry, EIN (if applicable), and revenue. The issuer will evaluate your personal and business credit history to make an approval decision.

Benefits and perks of business credit cards

Just like personal credit cards, business credit cards can come with various benefits and perks. But since business owners often have different needs than consumers, those benefits are tailored to businesses. Here are some common benefits you can get with a business credit card:

More rewards: business credit cards tend to offer higher reward rates, especially in business related categories like office supply stores, internet, cable and phone services, advertising, travel, or shipping. For example, if you travel regularly for your business, you could earn miles or point rewards on your business travel.

Tools for smoother record-keeping: business credit cards can help you separate your business spending from personal spending, manage and itemize business expenses. Plus, a business credit card may give you access to accounting software and service discounts for your business.

Travel perks: travel business credit cards can give you access to travel related benefits, such as access to airline lounges, free checked baggage, companion certificates, or discounts on hotel reservations. They also allow you to use earned miles toward future travel.

Monitor employee spending: you can get employee credit cards to make it easier for your employees to make purchases for the business. You can track spending on employee cards, set individual credit limits, and enjoy rewards on employee purchases.

Higher credit limits: being suited to business needs, credit cards for businesses typically offer bigger lines of credit than consumer credit cards. Business charge cards may have no preset credit limits.

Reporting to credit bureaus: most business credit cards report the card activity to business credit bureaus, which means your personal credit won't be affected. However, if you have late payments and serious delinquencies, they may be reported to consumer credit bureaus by some business credit card issuers.

Generous Sign-Up Bonuses

Business credit cards can offer better sign-up bonuses for reaching a specific spending threshold.

Employee Cards

Many business credit cards offer free employee credit cards with the same benefits as the main credit account.

Useful Tools

Business cards can offer access to accounting software and tools to make it easier to track expenses.

Extra Rewards

Rewards can be in the form of cash back, points or miles. Earnings tend to be higher on business related expenses.

Higher Credit Limits

Business credit cards tend to have higher credit limits because businesses spend and earn more.

Let's compare
business credit cards BY MAIN FEATURES:

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Apply for GM Business™ Mastercard® Application - Credit-Land.com

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on Goldman Sachs' secure website

#1 OFFER

Apply for Revenued Business Card Application - Credit-Land.com

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Apply for CitiBusiness® / AAdvantage® Platinum Select® Mastercard® Application - Credit-Land.com

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on Citi's secure website

Apply for BILL Divvy Application - Credit-Land.com

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Apply for Ramp Visa Corporate Card Application - Credit-Land.com

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Bonus Offer

Get $750 in Bonus Earnings to redeem with GM when you spend $5,000 in your first 5 months.

Earn $500 cash back after you spend $5,000 in eligible purchases on the Card within your first 3 months of Card Membership.

Earn 65,000 American Airlines AAdvantage^® bonus miles after spending $4,000 in purchases within the first 4 months of account opening.

—

Max Rewards

5% Earnings on purchases of eligible GM parts, accessories and service at authorized GM dealers.

Earn 3% cash back on every single card purchase. All categories apply.

Earn 2 AAdvantage^® miles per $1 spent on eligible American Airlines^® purchases

Control your rewards earnings: earn 2x - 7x on restaurants, 2x - 5x on hotels, 1.5x - 2x on recurring software subscriptions and 1x - 1.5x on everything else.

Unlimited 1.5% cash back.

Rewards on Everyday Purchases

3% Earnings on purchases at gas stations, restaurants and office supply stores. 1% Earnings on all other purchases.

Earn 3% cash back on every single card purchase. All categories apply.

Earn 1 AAdvantage^® mile per $1 spent on other purchases

1x - 1.5x on everything else

Unlimited 1.5% cash back.

Rewards Expiration

Points Don't Expire.

Cash Back Rewards earned do not expire although they may be forfeited in accordance with these terms.

Miles will not expire if you earn or redeem miles once every 24 months^µ

BILL points are uncapped and never expire.

Cash back doesn't expire for the life of the account

Redemption Options

Redeem Earnings when buying or leasing an eligible GM vehicle with no redemption limits.

—

Use your miles for award travel on American Airlines. Plus, redeem miles for Business and First Class upgrades, car rentals, hotel stays or vacation packages^µ

—

Intro APR on Purchases

0% (12 Months)

Factor based

N/A

Intro APR on Balance Transfers

N/A

Ongoing APR

19.24% to 29.24% variable purchase APR based on creditworthiness. Rates as of 8/1/2023

N/A

21.24% - 29.99% (Variable)

See terms

Annual Fee

None

*Rates and Terms and Benefit Terms

$99, waived for first 12 months

Rates & Fees

Foreign Transaction Fee

None

See terms

None

Balance Transfer Fee

N/A

See terms

N/A

Customer Service

—

Personal Business Assistant for 24/7 help with travel, hotel and dining arrangements.^µ

—

Card Network

Mastercard

Visa®

Mastercard

Visa®

Bottom line

Companies of any size can get a business credit card and enjoy its useful tools, rewards, and other benefits. You can easily separate business and personal expenses and better manage business expenses while earning rewards and having access to higher spending with the right business credit card.

If your business is in its early days, you might not think about having a separate credit card for it. However, when a need arises, you may be forced to use your personal credit card for business expenses, which may not be good for your personal credit. Getting the right credit card for your business provides many benefits and perks.

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Top 5 December 2023 business credit cards

#1 credit card

#2 credit card

#3 credit card

#4 credit card

#5 credit card

What are
business credit cards?

How business credit cards work

Benefits and perks of business credit cards

Let's compare
business credit cards BY MAIN FEATURES:

Bottom line

must read NEWS AND RESEARCH
ABOUT BUSINESS CARDS

Apple Wants To End Its Credit Card Partnership With Goldman Sachs

Common Types of Bank Accounts: the Basics and Key Features

EXPLORE MORE CREDIT CARDS BY CATEGORIES

comments ABOUT BUSINESS
CREDIT CARDS^🜂

Top 5 December 2023 business credit cards

#1 credit card

#2 credit card

#3 credit card

#4 credit card

#5 credit card

What are business credit cards?

How business credit cards work

Benefits and perks of business credit cards

Let's compare business credit cards BY MAIN FEATURES:

Bottom line

must read NEWS AND RESEARCH ABOUT BUSINESS CARDS

Apple Wants To End Its Credit Card Partnership With Goldman Sachs

Common Types of Bank Accounts: the Basics and Key Features

EXPLORE MORE CREDIT CARDS BY CATEGORIES

comments ABOUT BUSINESS CREDIT CARDS🜂

What are
business credit cards?

Let's compare
business credit cards BY MAIN FEATURES:

must read NEWS AND RESEARCH
ABOUT BUSINESS CARDS

comments ABOUT BUSINESS
CREDIT CARDS^🜂