The Best Small Business Credit Cards of 2014

Share:

Best Small Business Credit Cards

Since I started my small business in 2007, I’ve used a business credit card for several reasons. First, it helps keep business expenses separate from personal expenses. Second, it helps my company build credit should I ever need to apply for a loan. And third, it makes preparing my tax returns at the end of the year much easier.

Picking a card that is best for you business can be a challenge. There are a number of business credit cards to choose from, all with different benefits, rewards and fees. One key to making the right choice is to understand how you’ll use your card. If you know the types of expenses (e.g., office supplies, gas, travel) you’ll charge to the card, choosing the right card will be a snap.

With that, here is my personal list of the best small business credit cards.

U.S. Bank FlexPerks® Business Cash Rewards Visa® Card
U.S. Bank FlexPerks® Business Cash Rewards Visa® Card
Apply Now...
at US Bank's
secure site
  • 0% Intro APR* for 15 billing cycles on purchases and balance transfers
  • Earn 3% cash rewards on cellular, gas and purchases made at office supply stores and 1% on all other purchases
  • 25% annual bonus of your prior year's cash rewards up to $250
  • No cap on the cash rewards you can earn and they never expire
  • $0* annual fee if you make one purchase per year, otherwise $25*
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 15 Months 0% 15 Months 11.99% – 17.99%* Variable $0
0 Average credit score approved for this card† 0 Lowest credit score approved for this card†

U.S. Bank FlexPerks® Business Travel Rewards Visa® Card
U.S. Bank FlexPerks® Business Travel Rewards Visa® Card
Apply Now...
at US Bank's
secure site
  • Get 20,000 bonus FlexPoints after the first $3,500 in net purchases in the first 4 months;
  • Award travel starts at just 20,000 FlexPoints (up to a $400 ticket value) on over 150 airlines with no blackout dates or online redemption fees
  • Earn one FlexPoint for every $1 of eligible net purchases charged to your card
  • Earn two FlexPoints for every $1 spent on gas, office supplies or airline purchases - whichever you spend most on each monthly billing cycle – and on most cell phone expenses
  • Earn Triple FlexPoints for your charitable donations
  • Receive an airline allowance of up to $25 with every award travel ticket to use toward baggage fees, in-flight food or drinks and more
  • $0 intro Annual Fee* the first year, after that $49 $55 (+$10 for employees) $0 annual fee the first year and every year after when your company has combined net spend of over $24,000 each year
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 12 Months 0% 12 Months 11.99% – 17.99%* Variable $0 intro first year, then $55
0 Average credit score approved for this card† 0 Lowest credit score approved for this card†

Finally, here is a popular prepaid debit card offer designed specifically for businesses.

PEX Visa® Prepaid Card For Business
PEX Visa® Prepaid Card For Business
Apply Online
  • Instantly fund employee purchases
  • Gain 24/7 control over where and how much employees spend
  • Save money - no surprise interest charges or overdraft fees
  • Free Trial Period - No Monthly Fee for at least 2 months after you enroll
  • No transaction fees
  • No deposit fees
  • Cards are personalized with the cardholder's name
  • The funds on deposit are corporate funds - not employee-owned
Published or Updated: May 14, 2014
About Rob Berger

Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

Comments

  1. J says:

    Great Review.

    I am curious why you did not include the Simply Cash Business Card from American Express in the “Best Small Business Card” review.

    I have an “extremely” small business – maybe a couple hundred dollars a month in spending. I like the power of AMEX, but i really cant see the benefit (for me) to fork out the $185 for the Plum.

  2. Ryan says:

    I have had a Discover business card for the last 4 or 5 years and I’ve gotten tired of not being able to use it some places (especially online with some of the tech companies I have to work with). So I either have to make a payment via PayPal, check, or my personal credit card – none of which are my preference. I just applied for the Chase Ink Cash to replace the Discover Card I’ve had for so long. I just have to move all my automatic payments over to the Chase card when it arrives.

  3. Ryan says:

    I have had a Discover business card for the last 4 or 5 years and I’ve gotten tired of not being able to use it some places (especially online with some of the tech companies I have to work with). So I either have to make a payment via PayPal, check, or my personal credit card – none of which are my preference. I just applied for the Chase Ink Cash to replace the Discover Card I’ve had for so long. I just have to move all my automatic payments over to the Chase card when it arrives.

  4. Fred says:

    I started using a captial one card when I started travelling more and more. Next years flights around the world should be completely paid for. Can’t recommend the card enough!

Speak Your Mind

*