Credit Cards for Small Business Owners: How to Pick a Winner

Credit Cards for Small Business Owners: How to Pick a Winner-Image via Wikipedia

Introductory bonus rewards on new small business credit card offers remain high, according to CreditDonkey Deals report.

CreditDonkey released its top business credit card picks this week, based on bonus rewards. With hundreds of credit card offers available today, CreditDonkey sifts through the offers to help small business owners cut down on the necessary research time to find the cards that offer their business the best deals.

Introductory Bonus Deals for Small Businesses:

  • Ink Cash – Earn up to $250 Bonus Cash Back; 5% cash back on the first $25,000 spent annually on office supplies, cable services, and telecom services; 2% cash back on the first $25,000 spent annually on gas and dining; 1% cash back on all other purchases with no limit on the amount of cash back you can earn – $0 annual fee
  • Ink Bold – Earn 25,000 bonus points after your first purchase; no interest expense and up to 30 days to pay with this pay-in-full charge card – $95 annual fee / no annual fee for first year
  • Starwood Preferred Guest Business Credit Card – Limited Time Offer: Get up to 30,000 Starpoints in your first 3 months of Cardmembership; Receive 10,000 Starpoints after your first purchase, and get an additional 20,000 bonus Starpoints when you spend $4,500 in your first 3 months of Cardmembership – $65 annual fee / no annual fee for first year
  • Gold Delta SkyMiles Business Credit Card – Earn 20,000 miles upon your first purchase on the Card – $95 annual fee / no annual fee for first year

Looking at the bonus deals for the four credit card picks above, small business owners are reminded that not all cards are created equal. Between the bonus rewards, reward categories and fee structures, there are many features for future cardholders to take into consideration.

“The unprecedented move by the Federal Open Market Committee to keep interest rates within their current range of 0.00% to 0.25% for the next two years is expected to keep interest rates low for small business owners,” says Charles Tran, founder of CreditDonkey. “Many small business owners are taking this opportunity to find more capital and expand their business.”

And Tran reminds entrepreneurs that an annual fee shouldn’t necessary be a deal breaker.

“Before you let an annual fee turn you off from a card, you should take the time to look at all of the card benefits,” says Tran. “As long as you are utilizing your business credit card to make purchases you would normally make, earning reward points and hundreds of dollars worth of bonus rewards makes the annual fee more than pay for itself.”

Small business owners can visit CreditDonkey for a free business credit card comparison to find the best offers for your business. CreditDonkey publishes credit card research, informed opinions and trends that empower entrepreneurs to make informed credit decision.


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