Reward Options For Business Credit Cards -- Miles, Rewards and Cash Back
Business credit cards used to be plain vanilla – a no frills card with the business name on the front that served as a way to separate business spending from personal spending. Now business credit cards offer as many reward options as personal credit cards. Most major issuers of Visa and MasterCard as well as the Discover Card and American Express companies offer a wide variety of business credit cards that feature rewards programs in addition to a host of other benefits.Business Credit Cards With Miles and Frequent Flier Programs
Business travel and entertainment have been around for as long as business but now business owners can leverage their credit card spending, as well as the credit card spending of their employees, to earn significant travel related rewards. Miles earned through spending on business credit cards can be applied for additional free business travel or given to employees of the company for personal use. The CitiBusiness Premier Pass card offers mileage rewards that can be used on any airline while cards like the American Airlines AAdvantage Business card offer business travel rewards on specific airlines. It can be a nice benefit to earn a free vacation flight or vacation package by just putting required travel expenses on the corporate credit card.
Cash Back Business Credit Cards
Numerous business credit cards offer cash back rewards for business spending. As with airline miles these rewards can be used as a bonus back to the company or employees. The Business Cash Rebate Card from American Express along with the Advanta Platinum with Rewards Card offer up to 5% cash back on all business credit card purchases. The dollars that can be earned are often significant since business spending, even for the smallest companies, normally dwarfs personal spending.
Rewards Credit Cards For Small Business
Earning reward points through small business credit card spending can be very exciting when you see what can be purchased with those points. American Express offers a great selection of merchandise and travel options with their Membership Rewards program. Business credit cards that offer points rewards typically earn at a rate of 1 point per dollar spent on the card but American Express often sweetens the deal with numerous opportunities for small businesses to earn multiple points per dollar spent for various categories of purchases or through specific merchant promotions.
Choosing the right business credit card reward program is a matter of choice but they all offer a small business extra value.
For more information on credit cards and related topics, please see our Credit Card Tips & Advice.
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Want to read more? Below are articles that should be of interest to you:
- How Small Business Credit Cards Differ from Corporate Cards - When you say business credit card , the world of options can be a bit confusing. The largest market for business credit cards tends to be the small business person. And this only makes sense...
Please note your financial situation is unique and our tips & advice presented here may not be appropriate for your situation. CreditCardXPO.com recommends that you seek different advice & opinions from your own accountant or financial adviser who understands your individual circumstances before making any important decisions or implementing any financial strategy.
FAQs
Tips & Advice
Glossary
- APR - Acronym for Annual Percentage Rate. The yearly percentage rate of the finance charge.
- Intro APR - A low interest rate offered for a limited time, usually for the first 6 to 12 months.
- Regular APR - A fixed yearly percentage rate of the finance charge.
- Balance Transfer - The act of transferring the whole or partial balance of one card to another card.
- Annual Fee - A fee charged by the card issuer for being a card holder.

