When it comes to small business credit cards, the rewards program can be a game changer. Not only do these rewards offer a way to earn back money spent on essential business expenses, but some cards also offer travel miles as a reward. This is particularly attractive for small businesses that require frequent travel, making it possible to earn miles that can be redeemed for flights or hotel stays. In this article, we will explore the top 5 best small business credit cards for mileage rewards.
1. American Express Business Gold Card
The American Express Business Gold Card offers up to 4x points on purchases at U.S. gas stations, restaurants, advertising expenses on social media and search engine optimization, shipping expenses, and select computer hardware, software, and cloud spending. Furthermore, you will earn one point per dollar spent on all other purchases. If you’re looking to accumulate miles, the Amex Membership Rewards program allows you to transfer points to any of the 19 partner airlines. There’s a $295 annual fee for this card, and you’ll need to have excellent credit to qualify.
2. Capital One Spark Miles for Business
Capital One Spark Miles for Business offers two miles per dollar on every purchase, with no maximum limit on earnings. The miles never expire, they can be redeemed for travel, gift cards, or cash. You also have the option to transfer your miles to over 15 different airline partners including Air Canada, Emirates, and JetBlue. Additionally, the card has no foreign transaction fee, putting it at an advantage compared to other cards, especially if your company has a global customer base. There’s a $0 annual fee for the first year, and $95 every year after that, and you’ll need to have excellent credit to qualify.
3. Chase Ink Business Preferred Card
Chase Ink Business Preferred Card offers three points per dollar on the first $150,000 spent annually on travel expenses and select business categories such as telecommunications and shipping. It also offers one point per dollar on all other purchases. Cardholders have the option to transfer their points to a selection of airline or hotel partners at a 1:1 ratio. The card also comes with a few extra features like purchase protection and cellphone insurance. It has a $95 annual fee and requires excellent credit to qualify.
4. Delta SkyMiles Gold Business American Express Card
The Delta SkyMiles Gold Business American Express Card offers 2x miles on eligible Delta purchases, 2x miles on restaurants, 2x miles on U.S. shipping, and 1x miles on all other purchases. There’s also a welcome bonus of 40,000 miles after you spend $2,000 in purchases on your new card in your first three months and a $100 statement credit after you make a Delta purchase with your new card within your first three months. You can use your miles for flight upgrades, flights, and hotels. Cardholders also receive priority boarding, a first checked bag free for the cardholder and up to eight companions traveling on the same itinerary. The annual fee is $0 for the first year and $99 for each year after that. You’ll need good to excellent credit to qualify.
5. United Explorer Business Card
The United Explorer Business Card offers two miles per dollar on United Airlines purchases, restaurants, and hotel accommodations booked directly with the hotel. Other purchases earn one mile per dollar. Cardholders receive a complimentary checked bag for the cardholder and one companion traveling on the same itinerary, priority boarding, and two one-time United Club passes per year. You can redeem your miles for flights, hotel stays, and car rentals. There’s a $95 annual fee, and you’ll need good to excellent credit to qualify.
In Conclusion
Finding the right credit card for your small business is essential, especially when rewards programs are involved. The five cards mentioned above offer some of the best mileage rewards, making them excellent options for businesses that require frequent travel. Before selecting a card, however, consider your business priorities and budget to ensure that the card you choose will benefit your business the most.
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