Best Business Credit Cards For Fuel

Are you an entrepreneur, small business owner, or a freelancer who spends a significant amount of time on the road? Then it's time to up your game with the best business credit cards for fuel. By choosing the right card tailored to your needs, you can rack up rewards, discounts, and even cashback on every fuel purchase you make. In this article, we'll break down the top business credit cards available for optimal fuel benefits. Buckle up and let's dive in!

1. American Express Blue Business Cash Card

Benefits:

• Earn 2% cashback on all eligible purchases, including fuel, up to $50,000 per calendar year, then 1%.
• 0% introductory APR on purchases for 12 months.
• No annual fee.

2. Ink Business Cash Credit Card from Chase

Benefits:

• Earn 2% cashback on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
• Also, earn 5% cashback on office supplies and telecommunications services (up to the first $25,000 spent, combined).
• 0% introductory APR for 12 months on purchases.
• $750 bonus cashback after you spend $7,500 on purchases in the first 3 months.
• No annual fee.

3. Bank of America Business Advantage Cash Rewards Mastercard

Benefits:

• Earn 3% cashback on gas station purchases and 2% at restaurants (up to $50,000 in combined purchases each year).
• Preferred Rewards for Business members earn up to a 75% rewards bonus on every purchase, making your effective rate 5.25% on gas stations.
• $300 statement credit after you spend $3,000 on purchases within the first 90 days.
• 0% introductory APR on purchases for 9 billing cycles.
• No annual fee.

4. Costco Anywhere Visa Business Card by Citi

Benefits:

• Earn 4% cashback on eligible gas purchases, including at Costco, for the first $7,000 per year, then 1%.
• Also earn 3% on eligible restaurant and travel purchases; 2% on Costco and Costco.com purchases; and 1% on all other purchases.
• No annual fee with your paid Costco membership.
• Extended warranties on purchases and damage & theft protection.

Best Business Credit Cards For Fuel Example:

Let's say you own a small construction business with a fleet of vehicles, and you spend an average of $2,000 per month on fuel. Choosing the Bank of America Business Advantage Cash Rewards Mastercard and maximizing the 3% cashback rate on gas station purchases, you would earn $720 in cashback rewards per year.

Now, if you also happen to be a Preferred Rewards for Business member, your effective cashback rate on gas stations would be 5.25%, resulting in $1,260 in rewards per year. Combined with the food and office supply benefits of the other cards, you could be saving a significant amount on your business expenses.

And there you have it – the best business credit cards for fuel to help rev up your savings and rewards. Now that you're equipped with the knowledge, pick the card that suits your business's needs and hit the road to earn those amazing benefits! If you found this article helpful, be sure to share it with friends and colleagues who might benefit from it as well. Don't forget to explore other guides on Flik Eco to help you make savvy personal finance and investing decisions.