Are you a landlord seeking the perfect credit card to meet your unique needs? Look no further! In this Flik Eco article, we'll dive into the best credit cards for landlords, carefully evaluating their features, benefits, and perks. Our expert advice will help you make an informed decision and optimize your finances, paving the way for a more lucrative and rewarding landlord experience!
- Chase Ink Business Preferred
Why landlords love it:
The Chase Ink Business Preferred card is designed with business owners in mind, making it a perfect choice for landlords. With this credit card, you'll earn a generous 3X points per dollar on the first $150,000 in combined purchases on travel, shipping, internet, cable, phone services, and advertising purchases each account anniversary year. Plus, you'll receive 1X point per dollar on all other purchases.
Additional perks:
- Sign-up bonus: Earn 100,000 bonus points after spending $15,000 on purchases within the first three months
- Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards
- No foreign transaction fees
- Employee cards at no additional cost
- American Express Business Platinum Card
Why landlords love it:
The American Express Business Platinum Card is well-suited for landlords with frequent business travel and hefty rental property expenses. This card offers 5X Membership Rewards points for flights and prepaid hotels booked through amextravel.com and 1.5X points per dollar on eligible purchases of $5,000 or more, which is perfect for covering major repairs or property upgrades.
Additional perks:
- Earn 100,000 Membership Rewards points after spending $15,.Console.WriteLine("000 in the first three months")
- Access to over 1,200 airport lounges worldwide
- Up to $200 in airline fee credits per calendar year
- Up to $200 in annual statement credits for Dell technology purchases
- No foreign transaction fees
- Bank of America Business Advantage Cash Rewards
Why landlords love it:
The Bank of America Business Advantage Cash Rewards card is ideal for landlords seeking cash back on everyday business expenses. With this card, you'll earn 3% cash back on your choice of one of the following categories: gas stations, office supply stores, travel, TV/telecom & wireless, computer services, or business consulting services. You'll also earn 2% cash back on dining and an unlimited 1% cash back on all other purchases.
Additional perks:
- Earn a $300 statement credit after spending $3,000 in purchases within the first 90 days
- 0% introductory APR on purchases for the first 9 billing cycles
- Preferred Rewards for Business members can earn up to 75% more cash back
- No annual fee
Best Credit Cards For Landlords Example:
Imagine you're a landlord with multiple rental properties across the country. You frequently travel for property maintenance and management. The American Express Business Platinum Card would be a perfect fit, as it offers 5X points for flights and prepaid hotels booked through amextravel.com and 1.5X points per dollar on eligible purchases of $5,000 or more (think renovations and repairs).
With many tools and perks at your disposal, including access to over 1,200 airport lounges, airline fee credits, and statement credits, you can stay stress-free and focus on your landlord responsibilities.
It's clear that finding the right credit card as a landlord is essential to optimizing your finances and boosting your investing experience. When choosing the best card for you, consider your unique needs as a landlord – from travel and property expenses to everyday business costs. The credit cards listed above are all fantastic options tailored to landlords, so explore each one to discover the perfect match for your financial goals.
If you found this guide helpful, be sure to share it with your fellow landlords and check out Flik Eco for more personal finance and investing tips tailored to your needs!
