Best Small Business Credit Cards For Travel Rewards

As a small business owner, you know how important it is to make the most of every dollar you spend. One of the best ways to do that is by utilizing travel rewards from your business credit cards. In this post, we will explore the best small business credit cards for travel rewards and how they can help you save money and get more out of your business trips.

Why Small Business Credit Cards with Travel Rewards Matter

Running a small business often involves traveling for meetings, conferences, or client consultations. This can lead to significant expenses for flights, hotels, transportation, and dining. A dedicated business credit card that offers travel rewards can help you offset these costs by accumulating points, miles, or cash back, which can be redeemed for free or discounted travel.

Additionally, many travel rewards cards come with additional perks like travel insurance, airport lounge access, and complimentary upgrades. These benefits can make your business trips more enjoyable and efficient, all while saving you money.

Things to Consider When Choosing a Small Business Travel Credit Card

1. Sign-up Bonuses: Many travel rewards cards offer generous sign-up bonuses for new cardholders who meet a minimum spending threshold. Look for cards with the best intro offers to maximize your rewards early on.
2. Reward Structures: Different cards provide varying reward structures, such as a flat rate or bonus categories for particular spending. Consider which format is most likely to suit your business spending patterns.
3. Redemption Options: Examine the different redemption options for your rewards. Some cards may be tailored to specific airlines or hotel chains, while others offer more flexibility. Pick a card that aligns with your travel preferences.
4. Annual Fees: Take into account any annual fees on the card and weigh them against the expected benefits and rewards. Some premium cards may have higher fees but offer more value for your business.
5. Additional Perks: Lastly, consider any extra benefits provided by the card, such as travel insurance or lounge access. These perks can enhance your overall travel experience and provide added value.

Our Top Picks for Small Business Credit Cards with Travel Rewards

1. The Ink Business Preferred Credit Card from Chase: Ideal for businesses with diverse spending, this card offers 3X points on travel, shipping, advertising, and telecommunications. There is a generous sign-up bonus and flexible redemption options through the Chase Ultimate Rewards portal.
2. The American Express Business Platinum Card: A top choice for frequent travelers, this card comes with an impressive suite of travel perks, including lounge access, hotel status upgrades, and more. It offers 5X points on flights and prepaid hotels through AmexTravel.com, and 1X points on other purchases.
3. Capital One Spark Miles for Business: This card offers a straightforward 2X miles on every purchase with no limits and flexible redemption options for any airline or hotel. The card also comes with no foreign transaction fees and additional travel benefits.
4. Southwest Rapid Rewards Performance Business Credit Card: A great option for small businesses that frequently fly with Southwest, this card provides generous rewards on Southwest flights, partner hotel stays, and rental cars. Plus, it offers in-flight Wi-Fi credits and priority boarding perks.

Best Small Business Credit Cards For Travel Rewards Example:

Let's say you're a small business owner who frequently travels to trade shows and conferences. You choose the American Express Business Platinum Card to take advantage of its excellent travel perks. Over the course of the year, you spend $10,000 on flights and prepaid hotels through AmexTravel.com, earning you 50,000 points. You also spend another $50,000 on other business expenses, earning an additional 50,000 points.

With your 100,000 total points, you can redeem them for $1,000 in statement credits towards future travel, or transfer them to a partner airline or hotel loyalty program for potentially even more value. Plus, you have access to valuable airport lounges and other travel benefits provided by the card.

So, there you have it - our top picks for the best small business travel rewards credit cards. By selecting the right card for your business travel needs and taking advantage of the lucrative rewards programs and perks, you can save money and enjoy a better travel experience. Don't forget to share this article with fellow small business owners, and be sure to explore other helpful guides on Flik Eco to enhance your knowledge of personal finance and investing.