Top 10 Best Business Credit Cards of 2020: Expert Picks for Small Business Owners

Best Business Credit Cards in 2020: A Comprehensive Guide

In the dynamic world of business, having the right credit card can make a significant difference. It's not just about rewards and perks, but also about managing cash flow, building credit, and ensuring the security of your business transactions. Here, we present the best business credit cards of 2020, tailored to suit different business needs.

Understanding Business Credit Cards

Business credit cards are designed to help entrepreneurs and small business owners manage their expenses, build credit, and enjoy rewards and benefits. They typically offer higher credit limits, more robust rewards programs, and additional features like employee cards, expense tracking, and purchase protection.

Top Business Credit Cards in 2020

Best for Cash Back: American Express Blue Business Cash™ Card

Rewards	Annual Fee	Intro APR
2% cash back on all purchases, up to $50,000 per year	No annual fee	0% intro APR on purchases for 12 months

The American Express Blue Business Cash™ Card offers a simple and rewarding cash back program. It provides 2% cash back on all purchases, with no categories to track or activate. Plus, it comes with a 0% intro APR on purchases for the first 12 months.

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Best for Travel: Chase Ink Business Preferred® Credit Card

Rewards	Annual Fee	Intro APR
3 points per $1 on the first $150,000 spent in select categories	$95	0% intro APR on purchases for 12 months

The Chase Ink Business Preferred® Credit Card is a top choice for businesses that spend a lot on travel and other categories. It offers 3 points per $1 on the first $150,000 spent in select categories like travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines.

Best for Flat-Rate Rewards: Capital One® Spark® Cash for Business

Rewards	Annual Fee	Intro APR
2% cash back on all purchases	$95, waived the first year	No intro APR

The Capital One® Spark® Cash for Business offers a straightforward 2% cash back on all purchases, with no limits or categories to track. It also offers a one-time bonus of $500 for spending $4,500 in the first three months.

Best for No Annual Fee: The Plum Card® from American Express

Rewards	Annual Fee	Intro APR
1.5% cash back on purchases, or 1.5% discount when you pay early	No annual fee	No intro APR

The Plum Card® from American Express offers a unique cash back or discount feature, allowing businesses to choose how they want to maximize their rewards. It also provides a 1.5% discount when you pay early, up to 10 days before your payment due date.

Top Business Credit Cards TODAY [2020] - YouTube

Choosing the Right Business Credit Card

When choosing a business credit card, consider your business's spending habits, travel needs, and cash flow. Also, consider the card's annual fee, intro APR, and additional benefits like purchase protection, travel insurance, and employee cards.

Remember, the best business credit card is the one that helps you manage your expenses, build credit, and maximize rewards based on your business's unique needs. Always read the terms and conditions carefully before applying for a credit card.

In conclusion, the best business credit cards of 2020 offer a range of rewards, benefits, and features tailored to different business needs. Whether you're looking for cash back, travel rewards, or a no-annual-fee card, there's a business credit card out there that's perfect for your business.