Are you a globe-trotting entrepreneur or a busy executive? Navigating the world of business travel can be both exhausting and exhilarating, but having the right travel credit card can take your journeys to new heights. That's why Flik Eco has done the research to bring you the best travel credit cards for business. In this guide, we'll break down the top options and make it easy for you to choose the perfect one for your needs.
Best Travel Credit Cards For Business Table of Contents
The Criteria: What makes a great business travel credit card?
The Criteria: What makes a great business travel credit card?
Generous rewards
A great travel credit card should offer generous rewards points or miles that you can redeem your expenses, flights, hotels, and more. Look for cards with a high rewards rate, preferably with flexible redemption options.
Travel perks
Exclusive perks like airport lounge access, priority boarding, and free checked bags can make your business travels more enjoyable and hassle-free. Look for a card that offers these kinds of benefits, especially if you frequently fly with one particular airline.
No foreign transaction fees
Many credit cards charge a 3% fee on purchases made outside of the U.S. Choose a card without foreign transaction fees if you travel abroad often.
Annual fee
While many travel credit cards come with an annual fee, the benefits and rewards should outweigh the cost. Do the math to see if a card's perks justify the fee.
Top 5 Business Travel Credit Cards
- The Platinum Card® from American Express
- 5x Membership Rewards® points on flights and prepaid hotels booked through amextravel.com
- Access to over 1,200 airport lounges worldwide
- $200 airline fee credit per calendar year
- No foreign transaction fees
- $695 annual fee
- 2x points on travel and dining purchases worldwide
- Redeem points for travel through the Chase Ultimate Rewards® portal at a 25% higher value
- No foreign transaction fees
- $95 annual fee
- 3x points on the first $150,000 spent in select business categories each account anniversary year
- 1x points on all other purchases
- No foreign transaction fees
- $95 annual fee
- 2x miles per dollar on every purchase
- No foreign transaction fees
- $95 annual fee, waived for the first year
- 3x points on Southwest Airlines® purchases
- 2x points on social media and search engine advertising, Internet, cable, and phone services
- 1x points on all other purchases
- $199 annual fee
Best Travel Credit Cards For Business Example:
Imagine you're the owner of a small marketing agency that frequently sends you and your employees to client locations and conferences. After analyzing your spending patterns and travel habits, you decide to apply for the Ink Business Preferred® Credit Card. This card's bonus categories align with your business expenses, and the $95 annual fee is reasonable. Your company can then use the earned points to save on future flights, hotels, and rental cars, maximizing the value of this card for your business travel needs.
Choosing the best travel credit card for your business can save you money and make your trips more enjoyable. Take your time to consider the rewards rates, travel perks, fees, and your specific needs before making a decision. Remember, the right card for you will depend on your spending habits and travel preferences.
Explore more personal finance and investing tips on Flik Eco to stay ahead in your financial journey. If you found this guide helpful, we'd appreciate it if you could share the article and check out our other posts. Happy traveling and financial success to you!
