Are you a business owner constantly looking for ways to save on fuel costs? Do you spend a lot of time on the road, making trips to meetings or deliveries? If so, you've come to the right place! In this blog post, we will discuss the best business credit cards for gas that will help you save money and earn rewards. So, buckle up and let's explore the top options available for reducing your fuel expenses and maximizing your credit card rewards.
Best Business Credit Cards For Gas Table of Contents
1. Chase Ink Business Cash Credit Card
2. American Express Blue Business Cash Card
3. Bank of America Business Advantage Cash Rewards Credit Card
1. Chase Ink Business Cash Credit Card
The Chase Ink Business Cash Credit Card is an excellent choice for small businesses. With this card, you can earn up to 5% cash back, including 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Plus, enjoy a 0% introductory APR on purchases for the first 12 months and no annual fee.
Pros:
- High cash back rate on gas and dining expenses.
- No annual fee.
- Introductory 0% APR on purchases for 12 months.
Cons:
- 2% cash back rate limited to $25,000 in combined gas station and restaurant purchases per year.
2. American Express Blue Business Cash Card
The American Express Blue Business Cash Card is another excellent option for business owners. With this card, you can earn 2% cash back on all eligible purchases, including gas, up to $50,000 per calendar year, then 1% cash back on all other purchases. Plus, enjoy an extended payment timeline on eligible purchases with the flexibility to carry a balance with interest or pay in full each month.
Pros:
- Unlimited 2% cash back on all eligible purchases, including gas.
- No annual fee.
- Payment flexibility with interest.
Cons:
- 2% cash back rate is limited to $50,000 in purchases per calendar year, then the rate drops to 1%.
3. Bank of America Business Advantage Cash Rewards Credit Card
Bank of America's Business Advantage Cash Rewards Credit Card offers a customizable rewards structure to suit your business needs. Earn 3% cash back on your choice of category, including gas, office supplies, travel, and more, up to $50,000 spent annually. Plus, get a $300 statement credit after spending $3,000 in the first 90 days and an introductory 0% APR for the first 9 billing cycles on purchases.
Pros:
- Customizable cash back category to maximize rewards on gas or other specific business expenses.
- Introductory $300 statement credit offer.
- Introductory 0% APR on purchases for nine billing cycles.
Cons:
- 3% cash back rate limited to $50,000 spent annually in the chosen category.
Best Business Credit Cards For Gas Example:
Let's say you own a small delivery business, and each month, your fuel expenses reach $5,000. By using the Chase Ink Business Cash Credit Card, you can earn a 2% cash back rate on this expense, amounting to $100 in savings each month. Over a year, this would add up to a total of $1,200 in cash back rewards.
We hope this guide has helped you identify the best business credit cards for gas, enabling you to save money on your fuel expenses and earn valuable rewards. Remember, the right credit card can make a noticeable difference in your business' bottom line.
Don't forget to share this article with fellow business owners and explore other informative guides on Flik Eco to make your financial journey a breeze. Happy savings!