Top Business Credit Cards Of 2022

Hey there, fellow entrepreneurs and small business owners! Are you on the hunt for the best business credit cards to help you manage your finances, earn rewards, and grow your empire? Well, you've come to the right place! We're diving deep into the world of business credit cards in 2022, exploring the top contenders, and breaking down everything you need to know to make the perfect choice for your specific needs. From cashback to travel rewards, and from no annual fees to premium perks, we've got you covered. So, grab a coffee (or your favorite beverage), get comfy, and let's explore the best business credit cards available right now. This guide is designed to be your go-to resource, providing you with all the information you need to make smart financial decisions for your business. Let's get started!

Why a Business Credit Card is a Game Changer

Alright, before we jump into the specific card recommendations, let's talk about why a business credit card is an absolute game-changer for your company. Think of it as a financial tool that can help you in numerous ways, going way beyond just making purchases. First off, it can help you build your business credit. Having a dedicated business credit card and using it responsibly is a great way to establish a positive credit history for your business. This is super important because it can unlock access to better financing options, favorable loan terms, and even better insurance rates down the line. Secondly, a business credit card offers a clear separation between your personal and business expenses. This is a lifesaver when it comes to tracking expenses, simplifying tax preparation, and staying organized. No more mixing your personal latte runs with your business's marketing spend! Also, business credit cards often come with attractive rewards programs. Whether you're into earning cashback, travel points, or other perks, these rewards can offset your expenses, save you money, and give you something extra for your spending. Lastly, many business credit cards provide added benefits such as purchase protection, extended warranties, and travel insurance. These benefits can give you peace of mind, knowing that your purchases are protected and that you have support when you travel. So, in short, a business credit card can boost your credit, streamline your finances, reward your spending, and offer valuable protections. Sounds good, right?

Top Contenders: The Best Business Credit Cards

Now, let's get into the nitty-gritty and check out some of the top business credit cards that are making waves in 2022. We'll look at the key features, benefits, and potential drawbacks of each card, so you can decide which one fits your business like a glove. Remember, the best business credit card for you will depend on your unique spending habits, business needs, and financial goals. Keep an open mind and explore your options. You can compare the key features and benefits side-by-side to easily spot which option is perfect for you. We will review several cards below, covering various categories, and helping you discover what's right for you. Keep in mind that interest rates (APRs) can vary depending on your creditworthiness, so always check the terms and conditions before applying. Without further ado, let's dive into some of the top contenders!

The Chase Ink Business Preferred® Credit Card

If you're looking for a card that offers a well-rounded package of rewards and benefits, the Chase Ink Business Preferred® Credit Card is a strong contender. This card is especially appealing for businesses that spend heavily on travel, advertising, and shipping. Here's a quick rundown of what makes this card stand out:

• Rewards: Earn 3 points per $1 on the first $150,000 spent in combined purchases each year on travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines. Earn 1 point per $1 on all other purchases. Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards®.
• Welcome Bonus: Generous sign-up bonus when you meet the spending requirements.
• Additional Perks: Cell phone protection, purchase protection, and travel protections.

Why it's great: The Chase Ink Business Preferred® Credit Card packs a serious punch with its high rewards rates in key spending categories for many businesses. Plus, the Ultimate Rewards points are incredibly versatile and can be redeemed for travel, cash back, gift cards, or merchandise. If your business spends a lot in the bonus categories, this card can provide some serious value. It's an ideal choice for businesses that want flexibility in their rewards and a card that offers a good balance of earning potential and valuable perks. The card also comes with helpful travel and purchase protections, which is always a bonus. The annual fee is reasonable considering the benefits you receive, making it a great overall value. If you're looking for an all-around excellent business credit card, the Chase Ink Business Preferred® Credit Card should definitely be on your radar. Keep in mind the spending requirements to snag the initial bonus, though.

The American Express® Business Gold Card

For businesses that want a card with a strong focus on flexible rewards, the American Express® Business Gold Card is an excellent choice. This card is particularly attractive to businesses that have varied spending habits and want to earn rewards in the categories where they spend the most. Here's what you need to know:

• Rewards: Earn 4X Membership Rewards® points on the 2 select categories where your business spent the most each month (on the first $150,000 in combined purchases each year, then 1X). Choose from popular categories like U.S. purchases for advertising in select media, U.S. purchases at restaurants, U.S. purchases at gas stations, U.S. purchases for shipping, and more.
• Welcome Bonus: Attractive welcome bonus after spending a certain amount within the first few months.
• Additional Perks: Access to the American Express® Global Lounge Collection, baggage insurance, and purchase protection.

Why it's great: The American Express® Business Gold Card offers a unique approach to rewards by letting you earn bonus points on your top spending categories each month. This means you can customize your rewards to match your business's spending patterns, maximizing your earning potential. The points can be redeemed for travel, statement credits, gift cards, and more. The card also includes valuable travel and purchase protections, which is always a plus. The annual fee is higher than some other cards, but the rewards and benefits can easily offset the cost if you use the card strategically. If your business has diverse spending habits and you're looking for a card that adapts to your needs, the American Express® Business Gold Card is worth considering. This is an awesome option if you want a card that adapts to your unique business needs and maximizes your rewards potential. The rewards categories are flexible and can change with your spending habits, ensuring you always get the most out of your card.

Capital One® Spark® Cash Plus

If you are looking for a business card with a straightforward rewards program and no annual fee, then the Capital One® Spark® Cash Plus is an excellent option to consider. This card offers a simple way to earn cashback on all your business purchases. Here's what makes this card stand out:

• Rewards: Earn a flat rate of cash back on all purchases, without the hassle of tracking bonus categories.
• Welcome Bonus: Earn a sizable cash bonus after meeting the spending requirement.
• Additional Perks: No annual fee, and provides access to virtual card numbers, which can boost security.

Why it's great: The Capital One® Spark® Cash Plus is a fantastic choice if you want to keep things simple. The flat-rate cashback rewards make it easy to understand and maximize your earnings. This card is great for businesses that spend a lot across various categories. The card also offers a welcome bonus, which can provide a nice boost to your cash flow. Plus, the absence of an annual fee makes this card a very attractive option, especially for smaller businesses or those just starting out. Overall, if you are after a no-fuss card with a great cashback program and a sign-up bonus, the Capital One® Spark® Cash Plus is a great option to consider.

The Blue Business® Plus Credit Card from American Express

The Blue Business® Plus Credit Card from American Express is an excellent option for businesses that want to earn rewards without paying an annual fee. This card offers a simple and straightforward rewards program, making it an attractive choice for various businesses. Here's a breakdown:

• Rewards: Earn 2x Membership Rewards® points on everyday business purchases like office supplies or client meetings (on the first $50,000 per year, then 1x).
• Additional Perks: No annual fee, and offers access to various American Express benefits.

Why it's great: The Blue Business® Plus Credit Card is perfect if you are looking for a card that offers great value without charging an annual fee. Earning double points on everyday business purchases is a great way to accumulate rewards, and the points can be redeemed for various options. The card also provides access to several American Express benefits, such as purchase protection and extended warranties. Overall, if you are looking for a card that offers good rewards, no annual fee, and additional perks, the Blue Business® Plus Credit Card is an excellent choice for businesses of all sizes. It is an ideal card for those who want to keep costs down while still earning rewards on their spending. The rewards program is straightforward and easy to use, making it a great option for businesses that want a no-fuss card. It is a fantastic option for small business owners and startups looking to maximize their rewards without paying an annual fee. Remember to always evaluate the terms and conditions and make sure the card aligns with your business's financial goals.

Making the Right Choice: Key Factors to Consider

Alright, now that we've covered some of the best business credit cards out there, how do you decide which one is the right fit for your business? Choosing the right business credit card can seem a little overwhelming, but it doesn't have to be. Let's break down some of the key factors you should consider when making your decision. First, think about your spending habits. What do you spend the most money on? Does your business spend a lot on travel, advertising, or shipping? Understanding where your money goes is crucial, because you want a card that offers generous rewards in those spending categories. Next, consider the rewards program. Do you prefer cashback, travel points, or other perks? The rewards program should align with your business's goals and spending patterns. Also, take a look at the annual fees. Some cards have no annual fees, while others have fees that can be justified by the benefits. Make sure the benefits outweigh the cost for you. Another thing to consider is the interest rates (APRs). If you plan to carry a balance, pay close attention to the APRs offered by the cards you are considering. You want the lowest rate possible to minimize your interest charges. Also, consider the welcome bonus. Many cards offer sign-up bonuses, which can give your business a nice boost. Make sure you can meet the spending requirements to qualify for the bonus. Also, think about the additional benefits. Do you need purchase protection, travel insurance, or other perks? Consider what's valuable to your business and look for a card that provides those benefits. Ultimately, the best business credit card for your business is the one that offers the most value based on your spending habits, business needs, and financial goals. Take some time to compare your options, consider these factors, and make a decision that will help your business thrive.

Final Thoughts and Next Steps

So there you have it, guys! We've covered the best business credit cards of 2022, looking at everything from rewards programs to annual fees and more. Finding the right business credit card is an important step in managing your finances and growing your business. Now that you've got the lowdown on some of the top contenders, it's time to start comparing and figuring out which card is the perfect match for your business. Carefully review the features, benefits, and drawbacks of each card, considering your business's specific needs and spending habits. Remember to read the terms and conditions carefully, paying attention to the interest rates, fees, and rewards details. Once you've narrowed down your choices, consider applying for the card that best aligns with your financial goals. Always use your business credit card responsibly, paying your bills on time and keeping your spending within your means. This will not only help you avoid interest charges but also build a positive credit history for your business. Happy spending and keep those rewards coming! Good luck, and may your business thrive!