However, a number of financial institutions have taken notice, and they have begun creating credit cards specifically designed for the growing small business. These cards offer not only the typical cashback and travel rewards seen with traditional credit cards, but many have also begun to incorporate shipping benefits to help with your rising shipping expenditures. Using the latest rates and information for today’s best small business credit cards, these are the best small business credit cards for big shipping budgets.
Accounts may have up to 99 cards for employees, with extra Membership Rewards points earned on each employee’s card. Membership points vary based on the type of purchase you make:
2X points on everyday business purchases 2X points on the first $50,000 spent annually in purchases 1X points on all other purchases
There are other benefits, too. American Express offers its signature Expanded Buyer Power, a unique feature that allows you to spend above your credit limit. There are limits as to how much you can exceed your credit limit, but it fluctuates based on factors like your credit score and spending habits. Just be careful with fees because Amex has several, such as a 2.7% foreign transaction fee, an up to $39 late payment fee, and a sliding scale for balance transfers.(See Rates & Fees) To get the American Express Blue Business Plus Credit Card, you can apply online in what American Express says can be as little as 30 seconds. Pros:
Flexible buying powerNo overlimit fees0% intro APR
Cons:
Spending capsSeveral feesNo travel rewards
The Business Gold Card does not cap your spending rewards, and there is an additional annual bonus that includes 4x points for your first $150,000 in eligible purchases at the end of every year. You also can earn up to 250,000 points back on airline purchases each year. When it comes time to pay your bill, American Express allows you enormous flexibility with its Pay Over Time Option that allows you to, well, pay over time if you do not want to pay off your whole balance. Plus, enjoy the added peace of mind of Purchase Protection*, which covers up to $1,000 per occurrence and up to $50,000 per account per year on eligible purchases. Just watch out for the annual fee, which costs $295 per year.
Pros:
Unlimited pointsGenerous intro offerFlexible payment structure
Cons:
High annual feeIntro offer lasts just 3 monthsLimited purchase protection
There is no annual fee or minimum interest charge, but you still pay for things like balance transfers, cash advances, and transaction fees. Your account includes extra security features, such as real-time fraud monitoring and purchase protection up to $10,000 per claim and $50,000 per account for 120 days after purchase. There is also an auto rental collision damage waiver when you use your card for rental cars, allowing you to save money by declining the rental company’s own collision insurance.
Pros:
Welcome bonus cash backIntro APRUp to $3,000 credit limit
Cons:
Not a great choice for poor creditNo bonus rewards categoriesSome added fees
With the Chase Ink Business Preferred® Credit Card, you earn 3x the points on all of your shipping purchases. You also earn 3x the points, up to $150,000, on other select business categories. All other purchases receive one point for every $1 spent. Points never expire as long as your account remains open, and you get 25% more value when you redeem your points for travel using Chase Ultimate Rewards®. If you refer other business owners, you could earn up to 100,000 additional points each year. Your card comes with Chase’s signature protections, such as fraud protection and purchase protection with personalized account alerts. There are some basic fees associated with the Chase Ink Business Preferred® Credit Card, like a $95 annual fee, but there are no foreign transaction fees.
Pros:
100,000 bonus pointsBonus travel rewardsChase Ultimate Rewards® bonuses
Cons:
Excellent credit requiredAnnual feeLimited rewards outside bonus categories
The Marriott Bonvoy Card shows its customer appreciation with annual travel bonuses, including the annual Free Night Award, which doubles when you spend $60,000 or more in eligible annual purchases. You can then use your award for one night each at more than 7,000 participating Marriott Bonvoy hotels around the world. You can receive extra discounts through the Marriott Bonvoy Air+Car Transfer Program, plus travel is made a breeze with premium internet, priority late checkout, and 10% extra bonus points with complimentary Silver Elite Status. There is a $125 annual fee, but it does not charge foreign transactions fees, and there is no fee if you need additional cards for employees. Your purchases are protected for 90 days by the Purchase Protection* feature, which covers up to $1,000 per claim and up to $50,000 per card annually. There is also an extended warranty* on purchases for up to five years from the purchase date. For easier account management, your account will integrate with QuickBooks.
Pros:
4x points for shippingTons of travel perksIntroductory incentives
Cons:
High annual feeGood to excellent credit recommendedLimited international merchants
APR: A business credit card’s annual percentage rate (APR) is important because it determines how much you pay for each purchase you make using your new card.Rewards: We specifically consider which business credit cards have rewards for shipping, as well as cashback, travel incentives, and extra rewards on everyday purchases.Introductory rewards: Whether it is the intro APR, special rewards, or even cashback rewards, many credit cards offer welcome rewards when you open your account. Annual fee: While some companies charge an annual fee of several hundred dollars, others may not charge a fee at all. Fees: Other types of credit card fees can eat into your rewards, such as foreign transactions, cash advances, and late fees.
Before you decide, be sure to carefully review your options and ensure that you understand the terms and conditions for your card. Our business credit card guide can help you get started!
title: “Best Small Business Credit Cards For Big Shipping Budgets” ShowToc: true date: “2023-03-05” author: “Mary Cygan”
However, a number of financial institutions have taken notice, and they have begun creating credit cards specifically designed for the growing small business. These cards offer not only the typical cashback and travel rewards seen with traditional credit cards, but many have also begun to incorporate shipping benefits to help with your rising shipping expenditures. Using the latest rates and information for today’s best small business credit cards, these are the best small business credit cards for big shipping budgets.
Accounts may have up to 99 cards for employees, with extra Membership Rewards points earned on each employee’s card. Membership points vary based on the type of purchase you make:
2X points on everyday business purchases 2X points on the first $50,000 spent annually in purchases 1X points on all other purchases
There are other benefits, too. American Express offers its signature Expanded Buyer Power, a unique feature that allows you to spend above your credit limit. There are limits as to how much you can exceed your credit limit, but it fluctuates based on factors like your credit score and spending habits. Just be careful with fees because Amex has several, such as a 2.7% foreign transaction fee, an up to $39 late payment fee, and a sliding scale for balance transfers.(See Rates & Fees) To get the American Express Blue Business Plus Credit Card, you can apply online in what American Express says can be as little as 30 seconds. Pros:
Flexible buying powerNo overlimit fees0% intro APR
Cons:
Spending capsSeveral feesNo travel rewards
The Business Gold Card does not cap your spending rewards, and there is an additional annual bonus that includes 4x points for your first $150,000 in eligible purchases at the end of every year. You also can earn up to 250,000 points back on airline purchases each year. When it comes time to pay your bill, American Express allows you enormous flexibility with its Pay Over Time Option that allows you to, well, pay over time if you do not want to pay off your whole balance. Plus, enjoy the added peace of mind of Purchase Protection*, which covers up to $1,000 per occurrence and up to $50,000 per account per year on eligible purchases. Just watch out for the annual fee, which costs $295 per year.
Pros:
Unlimited pointsGenerous intro offerFlexible payment structure
Cons:
High annual feeIntro offer lasts just 3 monthsLimited purchase protection
There is no annual fee or minimum interest charge, but you still pay for things like balance transfers, cash advances, and transaction fees. Your account includes extra security features, such as real-time fraud monitoring and purchase protection up to $10,000 per claim and $50,000 per account for 120 days after purchase. There is also an auto rental collision damage waiver when you use your card for rental cars, allowing you to save money by declining the rental company’s own collision insurance.
Pros:
Welcome bonus cash backIntro APRUp to $3,000 credit limit
Cons:
Not a great choice for poor creditNo bonus rewards categoriesSome added fees
With the Chase Ink Business Preferred® Credit Card, you earn 3x the points on all of your shipping purchases. You also earn 3x the points, up to $150,000, on other select business categories. All other purchases receive one point for every $1 spent. Points never expire as long as your account remains open, and you get 25% more value when you redeem your points for travel using Chase Ultimate Rewards®. If you refer other business owners, you could earn up to 100,000 additional points each year. Your card comes with Chase’s signature protections, such as fraud protection and purchase protection with personalized account alerts. There are some basic fees associated with the Chase Ink Business Preferred® Credit Card, like a $95 annual fee, but there are no foreign transaction fees.
Pros:
100,000 bonus pointsBonus travel rewardsChase Ultimate Rewards® bonuses
Cons:
Excellent credit requiredAnnual feeLimited rewards outside bonus categories
The Marriott Bonvoy Card shows its customer appreciation with annual travel bonuses, including the annual Free Night Award, which doubles when you spend $60,000 or more in eligible annual purchases. You can then use your award for one night each at more than 7,000 participating Marriott Bonvoy hotels around the world. You can receive extra discounts through the Marriott Bonvoy Air+Car Transfer Program, plus travel is made a breeze with premium internet, priority late checkout, and 10% extra bonus points with complimentary Silver Elite Status. There is a $125 annual fee, but it does not charge foreign transactions fees, and there is no fee if you need additional cards for employees. Your purchases are protected for 90 days by the Purchase Protection* feature, which covers up to $1,000 per claim and up to $50,000 per card annually. There is also an extended warranty* on purchases for up to five years from the purchase date. For easier account management, your account will integrate with QuickBooks.
Pros:
4x points for shippingTons of travel perksIntroductory incentives
Cons:
High annual feeGood to excellent credit recommendedLimited international merchants
APR: A business credit card’s annual percentage rate (APR) is important because it determines how much you pay for each purchase you make using your new card.Rewards: We specifically consider which business credit cards have rewards for shipping, as well as cashback, travel incentives, and extra rewards on everyday purchases.Introductory rewards: Whether it is the intro APR, special rewards, or even cashback rewards, many credit cards offer welcome rewards when you open your account. Annual fee: While some companies charge an annual fee of several hundred dollars, others may not charge a fee at all. Fees: Other types of credit card fees can eat into your rewards, such as foreign transactions, cash advances, and late fees.
Before you decide, be sure to carefully review your options and ensure that you understand the terms and conditions for your card. Our business credit card guide can help you get started!
