The small business landscape can be intimidating, but having the right credit card can make things a lot easier. Among these, business credit cards with 0% APR on purchases are particularly appealing to small business owners. This is because they offer a great way for business owners to finance their businesses without accumulating interest charges, hence saving some precious cash. Here are our top picks for the best small business credit cards with 0% APR on purchases:
1. American Express Blue Business Cash Card
The American Express Blue Business Cash Card lets you earn cashback rewards on all purchases, including those that qualify for 0% APR. Plus, you’ll get a 0% intro APR on purchases for 12 months. After the introductory period ends, the variable APR will be 13.24% to 19.24% depending on creditworthiness.
2. Ink Business Unlimited Credit Card
The Ink Business Unlimited Credit Card from Chase offers unlimited cashback rewards on all purchases with a flat rate of 1.5%, and a 0% intro APR on purchases for 12 months. After that, variable APR ranges from 13.24% to 19.24% depending on creditworthiness.
3. Capital One Spark Cash Select
The Capital One Spark Cash Select features unlimited 1.5% cashback rewards on all purchases, along with a 0% intro APR on purchases for 9 months. The variable APR after the intro period ends will be within the range of 13.99% to 23.99%.
4. American Express Blue Business Plus Credit Card
If you want a credit card with extended 0% APR on purchases, the American Express Blue Business Plus Credit Card gives a 0% intro APR for 12 months, after which a variable APR of 13.24% to 19.24% may apply. Moreover, participation in the American Express Membership Rewards programme leads to earning points on all purchases.
5. Wells Fargo Business Platinum Credit Card
With the Wells Fargo Business Platinum Credit Card, there is no annual fee and has a 0% intro APR for purchases for up to 9 months and a variable APR of 9.49% to 21.99% applies. The card also comes with a host of business-friendly benefits, such as free employee cards, a customizable credit limit, and online account management.
In conclusion, choosing the right credit card for your small business can be a task, but with the right knowledge, it can be an effortless process. Each of these credit cards offers a unique set of benefits tailored to the needs of small business owners. So, it’s important to assess your business needs before choosing a card and picking the one that offers the best rewards and 0% APR period that suits your business needs.
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