Reward Options for Small Business Credit Cards: Miles and Cash Back Rewards

In the past, small business credit cards were exclusively used to separate a business owner’s personal money and business funds. Today however, small business credit cards are also a great way to get the most from your business expenses.

In fact, business credit card holders have a great opportunity of earning bigger rewards at a sooner time. In this article, we’ll be discussing the three credit card reward options that small business owners can choose from.

Small Business Credit cards with Frequent flier Miles programs

Some small businesses require frequent traveling such as when purchasing stocks or materials from out of State or meeting with prospective clients abroad. A small business credit card with frequent flyer mile program is made for such a purpose.

By charging your ticket purchases, hotel accommodations, car rentals and other purchases to your business credit card, you can easily avail of a free airline ticket and save significantly on your travel expenses. Furthermore, travel reward small business credit cards are often accompanied with discounts and other special privileges that you can enjoy.

Small Business Credit Cards with Cash back Rewards

Not all businesses involve traveling. If you’re not a frequent traveler, then a cash back small business credit card is the more practical choice for you. As its name implies, these credit cards give cash back bonuses or rebates from business purchases charged to your card. Typically, a cash back credit card gives 1% rebate on general purchases. Nevertheless, there are some cards that give as much as 5% cash back on selected purchases.

Being an entrepreneur, your business expenses will obviously far exceed your personal expenses. That is why you should take advantage of a small business reward credit card to earn bigger rewards. This is especially true if you’re in a buy and sell business. As you buy supplies for your shop, you also get rewarded for your spending.

Choosing the Right Business Credit Card for You

Regardless of what type of reward program suits your business, it’s important to choose your business credit card wisely. Take the time to check out credit card review web sites so you can learn more about the best credit cards for small business in the market. Bear in mind that you should choose the one that is best suited to your business’s needs and spending style.

It is also recommended to check on your credit report to see whether your credit score qualifies. The best business credit cards usually require excellent credit so you may want to work on improving your credit score first before submitting your application. In case you have poor credit but in a hurry to obtain a business credit card, you can avail of a secured business credit card instead.

Last but not the least, be sure to read your entire Agreement Form to understand the exact interest rates, costs, disclosures, terms and conditions that come with your credit card.

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About the Author

Author: Ann Wilson

Ann Wilson is the head writer of This resource provides consumers with valuable reviews and information on the best credit card reward programs. Its main objective is to help people to take advantage of reward credit cards and start earning reward points. Copyright © 2012

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