Many business owners are willing to pay credit card annual fees because of the perks that come along with it. Additionally, annual fees on business credit cards are considered to be a tax-deductible expense. This may be worth it for businesses that have been in the industry for a long time. However, if you are a small business owner, the additional expense of annual credit card fees may become costly. As a small business owner, it’s important to save as much as you can, while still being efficient. Continue to read this article if you are interested in business credit cards that do not have an annual fee.
Bank of America Business Advantage Travel Rewards World Mastercard Credit Card
If you are a small business owner that travels a lot and uses different airlines and hotels, then the Bank of America Business Advantage Travel Rewards World Mastercard Credit Card might be best for you. With this credit card, you can earn 1.5 points for every dollar spent on purchases and 3 points for every dollar spent on airline booking through the issuer’s Travel Center. The points you receive can be redeemed for credit on any purchases made for travel. There’s also a starter sign-up bonus. Upon being accepted for the credit card, spend $3,000 in net purchases within the first 90 days and receive 30,000 online bonus points. These points can be redeemed for a $300 statement credit toward dining and travel-related purchases.
Bank of America Business Advantage Customized Cash Rewards Mastercard Credit Card
The Bank of America Business Advantage Customized Cash Rewards Mastercard Credit Card allows users to receive cash back. Receive 3% cash back in a specific category of expenses of your choice and 2% at restaurants. Receive up to $50,000 a year in combined 3%and 2% spending as well as 1% cash back on miscellaneous purchases. You can change the category for the 3% cash back system. These categories consist of travel, gas, TV, office supply stores, business consulting services, telecom and wireless, and computer services. As a sign-up bonus, receive $300 as a statement credit online bonus once you make $3,000 in net purchases within the first 90 days. This no annual fee credit card has cash rewards that do not expire.
Chase Ink Business Unlimited Credit Card
If you are an entrepreneur who has noticed that you are spending your money that falls into certain categories, consider applying to the Ink Business Unlimted Credit Card. Get unlimited 1.5% cashback. This credit has a 0% introductory APR period and a large sign-up bonus. Spend $7,500 within the first 3 months of account opening and earn $750 in cash back.
Chase Ink Business Cash Credit Card
With the Ink Business Cash Credit Card, earn 5% cash back after you spend $25,000 on combined purchases each anniversary year at office supplies stores, internet, cable, and phone services, and 2% back after spending $25,000 each anniversary on combined purchases at restaurants and gas stations. Additionally, earn 1% on miscellaneous purchases. This card has a 0% introductory APR period and a bonus offer of $750 after you spend $7500 on purchases within the first 3 months of account opening.
American Express Blue Business Cash Card
The American Express Blue Business Cash Card has a 0% introductory APR offer and 0% introductory APR on purchases for the first 12 months of account opening. After the first 12 months of account opening, this credit card has an APR of 13.99%-21.99% variable APR. Earn 2% cash back after you spend $50,000 on eligible purchases each year and 1% after that. Each month, the cash you earn is automatically applied to your statement as a credit. Terms and rates may apply.
American Express Blue Business Plus Credit Card
The American Express Blue Business Plus Credit Card is similar to the American Express Blue Business Cash Credit Card. It has a 0% introductory APR offer and 0% introductory APR on purchases for 12 months from the date of account opening and an APR of 13.99%-21.99% variable APR. the difference between the two credit cards is the Blue Business Plus Credit Card gives users points instead of cashback. Earn 2 points for every dollar you spend on the first $50,000 in eligible purchases each year and 1 dollar point after that.
Best Credit Card With No Annual Fee for Small Business Owners who Travel Often
Bank of America Business Advantage Travel Rewards World Mastercard Credit Card
Best Credit Card With No Annual Fee for Small Business Owners who Have Categorical Expenses
Bank of America Business Advantage Customized Cash Rewards Mastercard Credit Card
Chase Ink Business Unlimited Credit Card
Best Credit Card With No Annual Fee for Small Business Owners who spend more than $25,000 Yearly
Chase Ink Business Cash Credit Card
Best Credit Card With No Annual Fee for Small Business Owners who spend more than $50,000 Yearly
American Express Blue Business Cash Card
American Express Blue Business Plus Credit Card