What Business Rewards Credit Card Do You Use / Recommend?

Question

Hey guys -

I'm looking to pick up a rewards credit card for the business, and was hoping for some recommendations.  Which ones do you use and why?

Kevin Brown · Answer

I have a Chase INK card. The cash back is pretty solid, which is why I use it. I have my own system for accounting/expense management so I cant speak much to the expense management features of the card that most people seem to like. My one complaint would be charges seem to be a little slow to post to the card. My wife and I use a Chase Freedom card for our personal expenses, and that card posts almost immediately, the INK card is usually a day or 2 delayed.

Ben Bakhshi · Answer

I researched this for a while and found some obvious conclusions:

CapitalOne Spark Cash Back Visa - 2% cash back. $500 bonus for signing up, and $59/ annual fee (free for 1 year). (they also have a 1.5% cash back card w/o annual fees, but if you spend over $10,000/yr you are in the green)/

For air travel, I use Penfed's AMEX rewards card which gives you 4% points when you book flights. I use these points for Amazon, and it's a great value.

Ahmed Porter · Answer

I have American express and chase have been the best for me with the points and no service is like american express. The gold american express I have and I think I can put a car on it and will not skip a beat just gives you more power to work with . I pay all my subs that are on my projects  that gives me a great deal of points. I also pay there vendors for them and take the money back out of the sub contract which gives me so much . Just the way I pay only save me money the points alone on the two cards gives me and the family  two nice trips a year .Disney this xmas all off the points and the mountains off the points . I look great with the wife and kids for me wink wink paying for our nice trip " and saving me money out of two trip were I do not have to pay and the only thing I did was switch up my subs on how they take payment from me and gives me more cash on hand. The bad thing is at the 45 days the bill is due and when you see that 20k -30K due each month. I made my GC get set up to take the cards also his first draw is 40k I smile and say to my self can not wait to the holidays to take the kids to see orlando .

George P. · Answer

i have and use 99.9% of the time AMEX cards. one for personal and one for business.

personal - gives me Hilton points and i dont have to pay for hotel stays.

business - gives me Delta miles, so i dont have to pay for getting to those hotels. i also get a companion ticket for free, but it has a annual fee of $150. well worth it.

i used to have AMEX with a cash back and i hated it. on a ~$8k bill i got around $30 or so back. if that. i dont remember. but it seemed very little for what i spent.

Jeremy W. · Answer

If I am 22 and fresh out of college, will I qualify for a Chase INK card without a solid job? I feel like I have enough cash and collateral.
	
	Also, nerdwallet seems to say the same thing: http://www.nerdwallet.com/blog/top-credit-cards/nerdwallets-best-small-business-credit-cards/

Rob K. · Answer

If your entity is otherwise adequately capitalized and insured, and the formalities for establishment and maintenance of the entity properly honored, I would not worry about it.

If that is all a creditor attorney has to try to get to you personally, that attorney is in trouble.

"But your honor, she used business rewards miles to visit her friends and mother!!!

I'd rather have the defense side of that argument.

Christina R. · Answer

I know this thread is about a month old but hoping some people will chime in . . . I'm looking to open a business credit card as well and want to know if there is a "piercing of the corporate veil" if you use a business credit card reward - such as SWA flier miles/points - for a personal trip.

a.k.a., I get a Southwest business cc because I travel a lot to TX (and elsewhere) for personal, not business trips, but I put my business charges on it to rack up the miles in order to do this in the first place.

Can I do this and maintain that veil?

Thnx in advance!

(maybe @steven Hamilton can respond?)

Justin Case · Answer

discover card all the way.   Cash back. 5%

Christian Lautenschleger · Answer

For anyone who travels a bit, the Chase Sapphire Preferred card has an intro bonus of 40,000 if you spend $3,000 the first three months you have the card.  Its points are much better after that, unless you travel via Ultimate Rewards.  But, the intro bonus is nice.

John Wu · Answer

I don't understand the fascination with the old Ink card.

Why not get the new Ink and get 5% UR by buying home improvement gift cards from Staples or Office Max? You can buy Amazon gift cards, Southwest gift cards, restaurant gift cards, etc. and get your 5% in many other categories via the office supply store. UR can be redeemed for 5% cash as well.

What Business Rewards Credit Card Do You Use / Recommend?

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