Navigating the real estate world can be a difficult task, but it's even more daunting when trying to find the right business credit card to support your ventures. No need to worry—we've got you covered. In this article, we dive into the best business credit cards for real estate, helping you find the card that best fits your needs and ultimately maximizes your potential for success.
Business Credit Cards For Real Estate Table of Contents
Why Use a Business Credit Card for Real Estate?
It's essential to separate your personal and business finances, and using a business credit card specifically designed for real estate can offer numerous benefits:
- Improved cash flow management: With a business credit card, you can easily track and manage your expenses and payments for all your real estate needs.
- Rewards and incentives: Many business credit cards offer rewards and cashback programs that can help you earn while you spend.
- Increased credit limit: Business credit cards often have higher credit limits compared to personal cards, providing you with the much-needed financial flexibility to grow your business.
- Additional cardholders: Business credit cards allow you to add authorized users to help manage expenses and track spending more efficiently.
Top Business Credit Cards for Real Estate
Several business credit cards are perfect for real estate investors and professionals. Here are our top picks:
1. Chase Ink Business Preferred Credit Card
The Chase Ink Business Preferred Credit Card is perfect for business owners who want to reward their high spending. Card features include:
- 3x points on the first $150,000 spent on travel and select business categories each year
- 1x points on all other purchases—no limit
- Sign-up bonus offering 100,000 points after spending $15,000 in the first 90 days
2. The Platinum Card® from American Express
If you entertain clients frequently, The Platinum Card® from American Express offers valuable perks such as:
- 5x Membership Rewards points on flights booked directly with airlines or through American Express Travel
- Access to over 1,300 airport lounges worldwide
- Up to $200 airline fee credit for incidental charges each calendar year
3. Bank of America® Business Advantage Cash Rewards Mastercard®
For those with a strong relationship with Bank of America, this card can provide substantial value with cashback rewards, including:
- 3% cashback on a chosen category, such as travel or office supplies
- 2% cashback on dining
- 1% cashback on all other purchases
4. Capital One Spark Cash for Business
A more straightforward option, the Capital One Spark Cash for Business offers:
- 2% cashback on all purchases, no limits
- Sign-up bonus offering $500 cashback after spending $4,500 in the first 90 days
Business Credit Cards For Real Estate Example:
Jennifer is a real estate agent who wants to boost her real estate business. She has a robust relationship with Bank of America and prefers cashback rewards, so the Bank of America® Business Advantage Cash Rewards Mastercard® is perfect for her. By using her new business credit card for business expenses, Jennifer will earn cashback rewards that can help lower her overall business expenses, while also consolidating her spending and making it easier to manage.
Now that you have a better understanding of the best business credit cards for real estate, it's time to choose the one that's perfect for your unique needs. As a real estate professional, having the right business credit card can make a substantial difference in cash flow management, rewards, and even growing your business. Be sure to share this article with your fellow real estate professionals and explore other valuable guides here on Flik Eco. Happy investing!
