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Traveling for business is exciting and essential for small business owners. However, it can be expensive, especially when it comes to paying for flights, hotels, and meals. That’s where a small business travel credit card comes in. It can help you earn rewards, save money, and manage your expenses better. But with so many options available, it can be overwhelming to decide which one to choose. That’s why we have put together a list of the best small business travel credit cards in the market that can help you make the right decision.
What is a Small Business Travel Credit Card?
A small business travel credit card is a credit card designed specifically for small business owners who travel frequently. It offers rewards and benefits that cater to the needs of small businesses, such as airline miles, hotel points, cash back, and discounts on business-related expenses. It also provides tools and features to help business owners manage their finances and expenses effectively. Most small business travel credit cards require good or excellent credit to qualify and may come with an annual fee.
1. Chase Ink Business Preferred Credit Card
The Chase Ink Business Preferred Credit Card is one of the best small business travel credit cards in the market, offering a generous sign-up bonus, valuable rewards, and flexible redemption options. With this card, you can earn 100,000 bonus points after you spend $15,000 on purchases in the first three months from account opening, which is worth $1,250 when redeemed through Chase Ultimate Rewards. You can also earn 3 points per $1 on travel, shipping, internet, cable, and phone services, and advertising purchases made with social media and search engines, up to $150,000 per year. Additionally, you can transfer your points to leading airline and hotel loyalty programs at a 1:1 ratio.
2. American Express Business Platinum Card
The American Express Business Platinum Card is a premium small business travel credit card with exceptional benefits and perks. It offers a welcome bonus of 100,000 Membership Rewards points after you spend $15,000 on eligible purchases within the first three months of card membership. It also provides 5 Membership Rewards points per dollar spent on flights and prepaid hotels booked through amextravel.com, and 1.5 points per dollar on eligible purchases of $5,000 or more, up to a maximum of one million additional points per year. Other benefits include access to airport lounges, $200 annual airline fee credit, and up to $100 credit for Global Entry or TSA Pre✓®.
3. Capital One Spark Miles for Business
The Capital One Spark Miles for Business is a straightforward small business travel credit card that earns unlimited 2 miles per dollar on every purchase, with no caps or categories. You can also earn a one-time bonus of 50,000 miles after you spend $4,500 on purchases within the first three months from account opening, which is worth $500 in travel. Additionally, you can transfer your miles to over 10 leading travel loyalty programs, including airlines and hotels, at a 2:1.5 ratio, or redeem them for travel statement credits. There is no annual fee for the first year, and then it is $95.
4. CitiBusiness / AAdvantage Platinum Select World Mastercard
The CitiBusiness / AAdvantage Platinum Select World Mastercard is a co-branded small business travel credit card that earns American Airlines AAdvantage miles on every purchase. It offers a welcome bonus of 65,000 AAdvantage miles after you spend $4,000 in purchases within the first four months of account opening. You can also earn 2 miles per $1 on eligible American Airlines purchases, telecommunications merchants, cable and satellite providers, car rentals, and gas stations, and 1 mile per $1 on all other purchases. Other benefits include a free checked bag on domestic American Airlines flights for you and up to four companions, priority boarding, and 25% off in-flight purchases.
5. Marriott Bonvoy Business American Express Card
The Marriott Bonvoy Business American Express Card is a hotel co-branded small business travel credit card that earns Marriott Bonvoy points on every purchase. It offers a welcome bonus of 75,000 Marriott Bonvoy points after you spend $3,000 in purchases within the first three months of account opening. You can also earn 6 points per $1 at participating Marriott Bonvoy hotels, 4 points per $1 at U.S. restaurants, U.S. gas stations, wireless telephone services purchased directly from U.S. service providers, and on U.S. purchases for shipping, and 2 points per $1 on all other purchases. Other benefits include a free night award every year after your account anniversary, automatic Marriott Bonvoy Silver Elite status, and access to Sheraton Club lounges.
FAQs
| Question | Answer |
|---|---|
| What is the best small business travel credit card? | The best small business travel credit card depends on your spending habits, travel preferences, and business needs. However, some of the most popular options in the market are the Chase Ink Business Preferred Credit Card, American Express Business Platinum Card, Capital One Spark Miles for Business, CitiBusiness / AAdvantage Platinum Select World Mastercard, and Marriott Bonvoy Business American Express Card. |
| What are the benefits of a small business travel credit card? | A small business travel credit card can help you earn rewards, save money, and manage your expenses better. It offers benefits such as airline miles, hotel points, cash back, and discounts on business-related expenses. It also provides tools and features to help business owners manage their finances and expenses effectively. |
| Do small business travel credit cards have an annual fee? | Most small business travel credit cards have an annual fee, which can range from $95 to $595, depending on the card issuer and the benefits offered. However, some cards may waive the annual fee for the first year. |
| What credit score do I need to qualify for a small business travel credit card? | Most small business travel credit cards require good or excellent credit to qualify. Generally, a credit score of 670 or higher is considered good, and a score of 740 or higher is considered excellent. |
| Can I use a small business travel credit card for personal expenses? | You should avoid using a small business travel credit card for personal expenses, as it can make it difficult to separate your business and personal finances. It can also affect your accounting and tax reporting. However, some cards may allow you to use them for both business and personal expenses, as long as you keep track of them separately. |