What are the best credit cards for entrepreneurs?Unlike large companies, small businesses and solo entrepreneurs usually don’t have access to stockpiles of money. Although small business loans and investors offer opportunities for them to get cash, those aren’t always the best solutions for every big or small purchase. That’s why some entrepreneurs and small business leaders choose to have a business credit card on-hand. Keep reading to learn how a business credit card can help your business grow and see our list of the best credit cards for entrepreneurs and small businesses.

Why should you use a business credit card?

While many businesses would like to have reserve cash, that may not be a reality for small businesses, especially those run by one person or those just getting started. That’s where business credit cards come in. These credit cards allow businesses to have access to funds when they need them, which can help cover expected or unexpected expenses that come along. Think of a business credit card as a 30-day loan — you can use it to cover your business purchases, then pay it off at the end of the month. By thinking of the card in this manner, you can not only make sure you stay on top of any expenses your business accumulates, but also open some financial opportunities for your business that you may not get without a business card. For example, the SimplyCash Plus Business Credit Card from American Express (a NextAdvisor advertiser) allows cardholders to spend over their credit limit (details outlined below), providing you with even more financial freedom. On top of that, a number of business credit cards allow you to earn rewards on your purchases, which means you can be earning up to 5% back on your purchases, depending on the card. The best part is there’s a card out there for every business, so you’re sure to find the right card for your needs.

Which business credit cards are best?

Picking the right credit card for your business is no easy feat, which is why we’re breaking down some of the top options. Continue reading to see our top picks for cash back and travel business credit cards.

Best cash back credit cards

If you’d like to earn cash back on all of your business-related purchases, you’ll want one of these cards in your wallet.

Ink Business Cash Credit Card

best credit cards for entrepreneursChase’s Ink Business Cash Credit Card is a well-rounded cash back card that combines a generous introductory bonus with great ongoing features. First, the card offers a $500 cash back bonus to cardholders who spend $3,000 on purchases in their first 3 months of account opening. It also has a 12-month 0% intro APR on purchases and balance transfers (with a 5% balance transfer fee, $5 minimum). The best part about the Ink Business Cash Credit Card is its generous cash back rewards. You’ll earn 5% cash back on the first $25,000 spent on office supplies and on cable, Internet and telecom services, 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants and 1% on everything else. The Ink Business Cash Credit Card has no annual fee and business owners can get free employee cards, which means more opportunities to earn cash back. On top of all this, cardholders have an easy way of tagging and keeping track of expenses through receipt photos, as well as purchase protection, which covers new purchases against damage for 120 days or against theft (up to $10,000), and extended warranty protection, which extends the manufacturer’s warranty by one year on purchases that are eligible.

SimplyCash Plus Business Credit Card from American Express

best credit cards for entrepreneursThe SimplyCash Plus Business Credit Card from American Express is another great card offering top-notch cash back rewards with some added flexibility. The card earns 5% cash back on the first $50,000 spent at U.S. office supply stores and wireless telephone services purchased directly from the U.S. service provider, 3% cash back on 1 category of your choice (there are 8 to choose from) and 1% cash back on all other purchases. The 3% cash back categories include airfare purchased directly from airlines; hotel rooms purchased directly from hotels; car rentals purchased from select car rental companies; purchases at U.S. gas stations; U.S. purchases for advertising on social media; U.S. purchases for shipping; purchases at U.S. restaurants and U.S. computer hardware, software and cloud computing purchases made directly from the select providers.

Additionally, the SimplyCash Plus Business Credit Card from American Express features a special 15-month 0% intro APR on purchases, something every business owner will appreciate. Cardholders are also provided with flexible spending power, as they can spend above their credit limit before a statement is due without having to pay a fee or make a call, but they must pay their overbalance within 25 days of their cycle ending. The SimplyCash Plus Business Credit Card has no annual fee and free employee cards. You can select spending limits for each employee card, and you’ll receive an alert if that limit is exceeded. Cardholders also get access to features like Receipt Match, which allows you to append card transactions to add notes, receipts and tags to help make it easier to keep track of things.

Best travel credit cards

Building a good business can sometimes demand building relationships anywhere in the world. Developing this kind of network requires traveling, which can be quite expensive. That’s why these cards, which offer rewards and discounts for travel, could be a boon to your business:

Capital One Spark Miles for Business

best credit cards for entrepreneursIf you or your employees travel, the Capital One Spark Miles for Business credit card is the card you’ll want in your wallet. Kicking things off is a 50,000-mile bonus that you’ll earn after spending $4,500 on purchases within the first 3 months of account opening — that bonus is equal to $500 in travel. Next, you’ll earn an unlimited 2X miles per $1 spend on all purchases. Miles can be used to fly on any airline, anytime, without blackout dates or seat restrictions. The card does have a $95 annual fee, but it’s waived for the first year. If you’d prefer a card with no annual fee, consider its sister card, the Capital One Spark Miles Select for Business card, which has no annual fee, earns unlimited 1.5 miles on all purchases, offers a 20,000-mile intro bonus opportunity and has a 9-month 0% intro APR on purchases.

Bank of America Business Advantage Travel Rewards World Mastercard credit card

best credit cards for entrepreneursThe Bank of America Business Advantage Travel Rewards World Mastercard credit card is a great travel companion. First, it has no annual fee, unlike many other travel cards, and no foreign transaction fees. Next, the card not only has a 9-month 0% intro APR on purchases, but it also offers 25,000 bonus points — that’s worth a $250 travel statement credit — to cardholders who spend $1,000 on purchases within the first 60 days of account opening. As far as ongoing rewards, the Bank of American Business Advantage Travel Rewards World Mastercard credit card earns 3 points per $1 spent on travel purchases (car, hotel and airline) booked through the Bank of America Travel Center and 1.5 points for every $1 spent on all other purchases. Reward points can be redeemed for a variety of things, such as gift cards, cash and travel with no blackout dates — note that redeeming for travel gives you the most bang for your buck. What’s more, if you’re a Bank of America Business Advantage Relationship Rewards clients, you can earn a 25% to 75% rewards bonus on your purchases.

Not seeing a card that’s best for your business? Visit our reviews of the best business credit cards to see an in-depth analysis of the top cards on the market.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.