Business Credit Card

Commercial condo and special purpose properties are not eligible for second lien loans or lines. Financing from $50,000 to $1,000,000 on purchase and refinance loans in first lien position; $50,000 to $500,000 for equity loans, cash-out on refinance loans, and second lien position refinance loans. We’ll match or beat a competing offer , when a competitor’s formal written approval is provided to us, or pay you $200. The Stand-by Letter of Credit provides a secondary payment option for defined contract terms to a third party beneficiary, and is drawn upon only in the event of non-performance. Enjoy a competitive introductory rate, purchasing power and business control. Your EIN—your employer identification number—is the nine-digit number assigned to your business by the IRS.

Regardless of your business type, it’s important to provide everything the issuer requires to avoid the risk of having your application declined. Read our full Divvy Business Card review or jump back to offer details. Read our full Capital One Spark Miles for Business review or jump back to offer details. Read our full American Express Business Gold Card review or jump back to offer details. Read our full The Business Platinum Card from American Express review or jump back to offer details. Read our full The Blue Business Plus Credit Card from American Express review or jump back to offer details.

  • Choosing the right business credit card isn’t so different from picking the right personal credit card.
  • If you’re a sole proprietor, you can use your Social Security number.
  • Bankrate’s editorial team writes on behalf of YOU – the reader.
  • Plus, employee cards at no additional cost – miles earned from their purchases accrue in your account so you can earn rewards faster.

Chase isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the Chase name. Reviews are not provided or commissioned by the credit card, financing and service companies that appear in this site.

Full List Of Editorial Picks:best Business Credit Cards

Check your card’s terms and track your spending to make sure you don’t miss out. If you’re earning rewards, you’ll want to get as much company spending on the card as possible. Many issuers allow you to get additional cards at no extra cost for employees who are authorized to spend money on behalf of the business. You also may be able to set spending limits or other restrictions on employee cards.

You should consult privacy disclosures at the linked website for further information. Enroll in Visa SavingsEdge with a Regions Visa® Business Enhanced Rewards Credit Card and take advantage of automatic savings of up to 15% on business purchases with designated merchants. Earn points you can redeem for gifts, travel, and many other qualifying purchases. You can even combine points for your ESL Visa Business Credit Card and Debit Card. Get a low, introductory rate with an ESL Visa Business Credit Card.

Business Credit Card

The discount will appear as a credit on the following billing statement. Eligible charges are purchases for goods and services minus returns and other credits. Eligible charges do NOT include previously deferred amounts, past due amounts, cash advances, purchases of traveler’s checks, purchases or reloading of prepaid cards, or purchases of other cash equivalents. Eliminate these cumbersome processes, saving you time and money. Divvy provides credit cards to every employee—for free—so that you can track company spend in real time and set up budgets that prevent overspending.

Business Debit Card

For small business cards, your personal credit score is often considered as part of the application process. If you have bad credit, you’ll need to limit the cards you consider to those that are designed for anyone with poor or limited credit history. Business secured cards are the most accessible option for those who can afford the deposit required to secure the card. Other options include improving your credit score before applying or looking for cards that don’t require a personal guarantee.

Many also offer free employee cards and itemized end-of-year statements that help at tax time. Below are key differences between business credit scores and personal credit scores.

  • Plus, earn rewards faster with 2x miles on United purchases and 1.5x miles on all other purchases.
  • For a corporate card, the issuer examines only the business’s credit standing.
  • To apply for a business credit card, sign in to your Online Banking account.
  • Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested.
  • 100,000 bonus pointsafter you spend $15,000 on purchases in the first 3 months after account opening.
  • But with business credit reports, all information is public, and you can get information on other companies as long as you’re willing to pay for it.

Earn 60,000 Bonus Miles and 10,000 Medallion® Qualification Miles after you spend $4,000 in purchases on your new Card in your first 3 months. Divvy may be able to approve an application based on business credit, not personal credit, and Brex does not require a personal credit check. Many of the credit card offers that appear on the website are from credit card companies from which receives compensation. This compensation may impact how and where products appear on this site . This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

If you don’t have a separate business address and phone number, don’t sweat it. The annual companion certificate — which is good even in first class — and the checked-bag benefit add considerable value, too. Miles transfer program to 7 airlines and their loyalty programs, giving Brex customers access to book travel across all of the major global airline alliances – Star Alliance, Oneworld, and SkyTeam. When you purchase a Delta flight with your Delta SkyMiles Reserve Card, you will receive complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.

Capital One Spark Miles For Business: Best For Business Travel Rewards

It’s also worth remembering that a business card typically requires a personal guarantee, so you could personally be on the hook for paying your bill if your business runs out of funds. The Ink Business Unlimited’s sign-up bonus gives you a generous $750 cash back spending $7,500 on purchases in the first three months from account opening plus unlimited 1.5% cash back on every business purchase. It fills in rewards gaps not covered by the Ink Business Cash Credit Card and the Ink Business Preferred Credit Card. You can maximize this card by pairing it with cards including the Chase Sapphire Reserve, the Chase Sapphire Preferred and the Ink Business Preferred. Read our full review of the Ink Business Unlimited Credit Card.

Most credit cards carry a variable APR that will change as interest rates in the economy change. And most will base your interest rate, at least in part, on your credit scores and other qualifications; the better your credit, the more likely you will be offered a low-rate card. Federal regulations for consumer credit cards are quite different from those for business credit cards. But protections vary by issuer, so make sure you read your cardholder agreement carefully.

Business Credit Card

Boasts one of the better introductory APR offers among business credit cards. Beyond that, you earn a solid cash-back rate (at least for a while — the rate drops after you hit a spending threshold). If you haven’t established a credit profile with the three major consumer credit bureaus, finding a business credit card can be a challenge. There are no unsecured business credit cards for bad credit, but there are unsecured personal credit cards for bad credit that business owners can still use. US Bank has a well-rounded offering of business credit cards, with options for nearly all business owners depending on your rewards preference and whether you are interested in an intro offer. US Bank offers some of the healthiest intro offers for business cards and truly designed its entire program to craft cards that are more custom, rather than a one-size-fits-all mentality. Rewards are paid out annually and can be used on in-store merchandise, with the balance given out as cash upon request.

What You Need To Know About Getting A Loan Or Expanding Your Business

Can pay for itself just with the automatic free night’s stay every year. Add in automatic elite status, generous rewards, a dandy welcome offer and more, and it’s hard to go wrong.

Business Credit Card

There’s no annual fee and no fee for requesting employee cards. This small business card comes with a number of notable Business Credit Card bells and whistles, including budgeting software, expense management tools and a gamified rewards program.

If you’re after the highest rate of cash back alone, it’s possible that another card would provide more value. Earn another Weekend Night Reward from Hilton Honors after you spend an additional $45,000 in purchases on your Card in the same calendar year.

Although Brex Treasury does not charge transaction or account fees, money market funds bear expenses and fees. Sending wire transfers is free for Brex Cash customers, but the recipient’s financial institution may charge a wire receipt fee.

Best For Flexible Rewards

Earn 1X points for each dollar you spend on eligible purchases. SVB has worked with many startups across the innovation economy. As the bank of choice for innovators, we understand what it takes to support growing businesses like yours.⁶ Our products are designed to meet your needs at every growth stage of your company. Benefit from integrations with top expense management and digital wallet solutions. Assign cards to multiple authorized users and set specific spending limits for each individual.

You must be an owner of this business and not already have this product. This loan provides buying power for established businesses to purchase new or used vehicles or equipment at competitive rates with flexible terms. You must have enough points to cover the entire purchase in order to receive the text message to redeem. Your points will be deducted from your points balance and redeemed in the form of a credit to your monthly billing statement.

Car rental coverage, travel and emergency assistance services and roadside dispatch. There’s no limit to how much you can earn with this card. Bank of America Preferred Rewards for Business customers have a key advantage here. That’s because the 1.5% earning rate can climb from 1.875% to 2.625% depending on your tier within the Preferred Rewards program. Marriott Bonvoy loyalty programs, along with numerous other benefits. Earn a free-night award each card renewal month; receive 15 elite night credits to jump-start status; transfer Marriott points to 40+ different airlines.

Best For Unlimited Cash Back

VCN are completely transparent and drastically reduce your cost per transaction. For your protection, please do not provide any personal information via email.

5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs.

Centrally manage all your banking needs with visibility into your accounts and transactions with an SVB Online Banking dashboard. Our card solutions give you easy-to-use tools to help you stay focused on your business goals and financial objectives. Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry. Strategize with our financial experts to help you achieve your business goals. Complete your banking transactions with ease and security. Customize your bills and maintain one bill for simplicity’s sake.

While that might bring to mind an image of someone operating a physical storefront, small-business owners take many shapes. Freelancers, contract workers, eBay merchants and all kinds of gig workers can qualify for business credit cards.