Are you a savvy business owner looking to make the most of your credit card rewards? Consider using a credit card that offers miles as a reward. With the best business credit cards for miles, you can earn free travel, business-class flights, and more, all while managing your business expenses. In this guide, we'll dive deep into the benefits of specific cards and help you choose the one that’s right for you. So buckle up and let's explore the world of business credit cards for miles!
Best Business Credit Cards For Miles Table of Contents
Why Choose a Business Credit Card for Miles?
Business credit cards that offer miles, also known as travel rewards cards, can provide significant savings and benefits for business owners. Some key advantages include:
- Maximizing travel expenses by earning miles on purchases
- Access to business-class flights and airport lounges
- Travel insurance and coverage for your trips
- Flexible redemption options for flights, hotels, and more
- Tax-deductible annual fees and other expenses
Top Business Credit Cards for Miles
These are some of the best business credit cards for miles currently available. When evaluating each card, consider its rewards structure, annual fees, and additional perks to find the best fit for you and your business.
1. American Express Business Gold Card
- Earn 4 points per dollar on the two categories your business spends the most on each month, up to $150,000 annually
- Flexible redemption options through Membership Rewards program
- No foreign transaction fees
- $295 annual fee (may be tax-deductible)
- Access to valuable travel and business services
2. Chase Ink Business Preferred
- Earn 3 points per dollar on the first $150,000 spent in selected categories, such as travel, shipping, and online advertising
- 1 point per dollar on all other purchases
- 25% bonus on points redeemed for travel through Chase Ultimate Rewards
- Flexible redemption options with 1:1 point transfer to partner airlines
- $95 annual fee (may be tax-deductible)
- Travel and purchase protection benefits
3. Capital One Spark Miles for Business
- Unlimited 2 miles per dollar spent on every purchase
- 50,000 bonus miles after spending $4,500 in the first three months
- No foreign transaction fees
- $95 annual fee, waived for the first year (may be tax-deductible)
- Free employee cards with customizable spending limits
4. Bank of America Business Advantage Travel Rewards
- Unlimited 1.5 points per dollar spent on all purchases
- 3 points per dollar spent on travel booked through the Bank of America Travel Center
- No foreign transaction fees
- No annual fee
- 25,000 bonus points after spending $1,000 in the first 60 days
Best Business Credit Cards For Miles Example:
Suppose you run a small digital marketing agency with frequent domestic and international travel. After assessing your spending habits and comparing various cards, you decide to apply for the Chase Ink Business Preferred card. In your first year, you spend $100,000 on qualifying categories, earning 300,000 points. When it's time to book a business trip, you redeem your points for travel through the Chase Ultimate Rewards portal, which boosts your point value by 25%, giving you $3,750 worth of travel. By prioritizing your spending and rewards, you save thousands of dollars on flights, accommodations, and more, all while managing your business finances effectively.
Congratulations! By reading this article, you've taken the first step towards maximizing your business's travel rewards and saving money on your expenses. Now that you know about the best business credit cards for miles, you can choose the one that suits your needs and start earning rewards today. If this guide was helpful, be sure to share it with your fellow business owners and explore other Flik Eco articles for more valuable personal finance and investing tips.
