If you’re a small business owner, it’s vital for you to consider certain factors before you decide on a type of credit card.

If you’re a small business owner who travels often, you’ll need a credit card plan that benefits frequent travelers. There are also credit cards that are solely there to benefit small business owners.

So without further ado, here is a list of credit cards that are best suited for small business owners.

American Express credit card “SimplyCash plus”

American Express offers this credit card with no annual fees. This is an ideal credit card for small business owners. The card also includes different kinds of bonuses such as $200 USD statement credit. This applies only in U.S. This credit card also has a 0% APR on all purchases for users initial 9 months, with a protection plan to reimburse stolen articles within ninety days after purchase.

Chase Ink Credit Card “Business cash”

This credit card is perfect for small businesses who require a smooth run. The card includes a bonus on cash back offer of $300 USD and a 5% cash back benefit at the time of registration.

The card also includes a zero percent APR for the first 12 months of purchase. The benefits are not limited to businesses; they can also be availed for restaurant and gas station purchases with their $25,000 limit in one year.

American Express “TheBlueforBusiness” credit card

This card improves your credit points when you spend on travel. There are reward points up to $10,000 on the utilization of up to $3,000 in the first 3 months after registration.

The card allows availing benefits at various hotels and airlines such as Hilton and JetBlue.

 Capital One credit card “Spark Cash”

Spark Cash offers benefits such as $500 USD after you meet the minimum $5,000 spending requirement within the 3 months of registration.  It’s particularly meant for owners that spent above $10,000 USD annually using credit cards. In terms of ease of use and complication, this the best card to use for small businesses.

American Express Business Platinum credit card

Although this credit card requires the holder to spend $450 annually, the company guarantees amazing rewards if the annual payment is made.

You’re given 50,000 membership points, if you are to spend more than $10,000 during office purchases with the card.

The membership points can be availed during businesses travel.

American Express Starwood Preferred credit card

If you’re a businessperson who doesn’t travel regularly, but has a few travels lined up in a year, you’ll find this card very useful.

You can gain Starwood reward points which can be accumulated to be redeemed for a night in Starwood hotels, or you can redeem them by increasing your travel options. If you end up spending above $5,000 USD in the initial three months of registration, you earn 25,000–star points, with there being no introductory APR with an annual fee $95 USD

Cash is hard to reconcile with the expense receipts. This means excessive use of expenses through cash, you are likely to struggle to maintain good bookkeeping records. If you want to explore more affordable billing solutions and HOA accounting contact us at A&B Accounting and Business Solutions.