Best Small Business Credit Cards Of 2020
People who own storefronts and offices are not to the only category who need small business credit. Freelancers and people who work with side hustles for a secondary source of income will also small business credit cards very handy. It is easier to organize and separate your personal and business finances with a dedicated card for your alternate income sources. Rewards and perks are offered by many small business credit cards, to compete with consumer cards. This is a compilation of our favorite small business credit cards for 2020.
Costco Anywhere Visa Business Card by Citi
This credit card issued by Citi offers some attractive offers and rewards for its consumers. However, for eligible gas payments for the first $7,000 per year, 4% cashback is guaranteed by the card. After that, a 1% cashback will be given. On eligible travel purchases and restaurants, a cashback of 3% is offered for the consumers. For all purchases that are made from Costco.com and Costco, a 2% cashback is offered by Costco Anywhere. Moreover, an additional 1% cashback is provided for all other purchases that use Costco Anywhere cards for the transaction. Another advantage is that Costco Anywhere card does not charge any annual fee from its customers.
The Hilton Honors American Express Business Card
This small business card offers many attractive perks for its customers. The reward rates offered by The Hilton Honors American Express Business Card are as follows:
- A 12x rate at resorts and hotels that are specified in the Hilton portfolio.
- A 6x rate on selected purchases on business and travel.
- A 3x reward rate on any other transaction.
The card also offers 125,000 bonus points for the customers as an intro bonus. However, an annual fee of $95 is charged from the subscribers.
American Express Blue Business Cash Card
This card offers an attractive reward rate of 2% cashback on all the eligible purchases. In a calendar, this cashback offer is available for every customer for up to $50,000 per year. After that, a 1% cashback is offered. The American Express Blue Business Cash Card does charge an annual fee from its customers.
Fuelman Simple Saver Fleet Card
This card is great for saving on fuel prices. On pilot, Speedway and Kwik Trip, save 10 cents on unleaded gas and diesel. By customizing fuel controls, the Fuelman card helps prevent misuse and fraud. Cards can be turned off and on. Fuelman also enables users in the management of driver profiles.
The Plum Card from American Express
The Plum Card from American Express is the perfect fit for business corporations with high capital requirements. This card will be extremely helpful for businesses with cash flows that are not consistent. You can enjoy an interest-free period of 60 days. A discount can be received by paying early.
A small business card can be useful for any individuals who are entrepreneurs. A business doesn’t need to be incorporated to qualify for a small business credit card. This brings us to the end of our discussion on the best small business credit cards 2020.
