Credit Cards

Credit Cards For Business Canada

Credit Cards For Business Canada

Are you a Canadian business owner looking for the perfect credit card to help manage your expenses and grow your venture? Look no further! In this comprehensive guide, we at Flik Eco will break down the intricacies of credit cards for businesses in Canada, so you can confidently choose the one that suits your company's needs. Let's democratize finance and find the perfect card for you!

Why Your Business Needs a Credit Card

As a business owner, you may be juggling multiple expenses, and it’s crucial to keep your personal and business finances separate. A business credit card can help you in the following ways:

  • Track expenses easily
  • Manage cash flow
  • Establish credit history for your business
  • Access rewards and perks tailored to your business needs

Now that you understand the importance of having a business credit card, let's move on to explore the top credit card options in Canada.

Top Credit Cards For Businesses in Canada

Given the diverse range of companies and small businesses in Canada, there are several credit cards catering to varied requirements. We have handpicked three incredible options for you:

1. American Express Business Edge Card

Designed for entrepreneurs, the Amex Business Edge Card offers incredible rewards in categories such as dining, office supplies, and electronics. Key features include:

  • 3x points for every $1 spent in relevant categories
  • An annual bonus of up to 42,000 points
  • Comprehensive business expense management tools
  • Annual fee of $99

2. RBC Visa Infinite Avion Business Card

This card is perfect for businesses with frequent travel requirements, as it offers upscale travel perks, flexible booking options, and premium travel insurance. Key features include:

  • 1.25 RBC Reward points for every $1 spent
  • 25,000 welcome points bonus
  • Travel booking flexibility and insurance
  • Complimentary airport lounge access
  • Annual fee of $175

3. BMO Air Miles World Elite MasterCard for Business

Air Miles collectors will love the boost this card offers – it's specifically tailored for business owners seeking Air Miles rewards. Key features include:

  • 1,000 bonus Air Miles after first purchase
  • Three times the Air Miles for purchases at Air Miles partners
  • Exclusive worldwide airport lounge access
  • Comprehensive travel and car rental insurance
  • Annual fee of $149, waived for the first year

Credit Cards For Business Canada Example:

Meet Sarah, founder and owner of a tech start-up in Toronto. As her business expands, she finds it increasingly challenging to manage and track expenses effectively. She decides to explore Flik Eco for advice and reads our guide on credit cards for businesses in Canada.

Through our engaging and informative article, Sarah comes to understand the benefits of having a business credit card and analyzes the best options available. Given her company's frequent travel, she decides to opt for the RBC Visa Infinite Avion Business Card to help her manage her business expenses, earn valuable rewards, and enjoy premium travel perks.

Congratulations! You're now equipped with the knowledge to choose the best credit card for your business in Canada. If you found this guide valuable, make sure to share it with your fellow entrepreneurs and explore other Flik Eco guides for practical personal finance and investing tips. Remember, a well-informed business owner is a successful business owner. Together, let's grow and thrive!


About Jermaine Hagan (The Plantsman)

Jermaine Hagan, also known as The Plantsman is the Founder of Flik Eco. Jermaine is the perfect hybrid of personal finance expert and nemophilist. On a mission to make personal finance simple and accessible, Jermaine uses his inside knowledge to help the average Joe, Kwame or Sarah to improve their lives. Before founding Flik Eco, Jermaine managed teams across several large financial companies, including Equifax, Admiral Plc, New Wave Capital & HSBC. He has been featured in several large publications including BBC, The Guardian & The Times.

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