The best business credit cards come in handy in settling large expenses that would be extremely difficult to settle with cash. Likewise, such cards can help cater to temporary cash-flow gaps and provide an ideal way of spending on everyday purchases. Similarly, such cards come with rewards on every purchase that can go a long way in enhancing the purchasing power.
Qualities of a good Business Credit Card
Freedom to Spend
While most people jump on credit cards to enjoy cash rewards and perks on offer, the freedom to spend is one of the things that people should look at when choosing business credit cards. The Blue Business Plus Credit Card from American Express stands out in this case. The card allows business owners to expand their buying power whenever they need it. The feature is automatic and does not come with any penalty fee whenever the overage is paid on time.
A credit card with a preset limit could pose significant challenges to a business in dire need of money at a given time. Conversely, a business credit card with zero preset limit would be ideal for a business whose spending patterns are unpredictable.
An ideal business credit card should come with additional perks that make it worthwhile to use the card. Such perks can include built-in travel benefits such as concierge services and baggage reimbursements or trip cancellation insurance for business owners who travel a lot.
Some of the best credit cards on this front also come with airport lounge benefits and faster internet services
Delta Reserve for Business Credit Card is a perfect fit in this case as it comes with in-built perks ideal for business owners always on the go.
If you are in a business where cellphone usage is of utmost importance, then a business credit card with a cellphone protection feature would be ideal. Such a credit card would go a long way in catering to costs for replacing a lost, damaged cellphone.
The Chase Ink Business Preferred Credit card stands out as it offers up to $600 that can go towards cellphone protection.