Travelling for business is an exciting and sometimes hectic aspect of the modern work life. But having the right credit card can help you reap the rewards while reducing your travel expenses and stress! In this comprehensive guide, we will walk you through the best credit cards specifically designed for business travelers. Keep reading to discover the perks and privileges that can make your business trips smoother, more enjoyable, and even more rewarding!
Credit Cards For Business Travel Table of Contents
Why You Need a Business Travel Credit Card
As a business traveler, you have unique financial needs that personal credit cards may not address. A dedicated business travel credit card will offer you specific benefits tailored to your frequent travel, such as:
- Generous rewards points for business travel expenses
- Free airport lounge access
- Travel insurance and protection
- Flexible spending limits to accommodate conferences and client meetings
- Tax-deductible expenses (subject to your region's tax laws)
Top Credit Cards for Business Travel
Now that you understand why a business travel credit card is essential let's dive into our top recommendations. Below are some of the best options on the market, offering excellent rewards, perks, and protection:
1. American Express Business Platinum Card
- 5x Membership Rewards points on flights and prepaid hotels booked through Amex Travel
- Access to over 1,200 airport lounges worldwide
- $200 annual airline fee credit
- No foreign transaction fees
2. Chase Ink Business Preferred
- 3x points on travel, shipping, online advertising, and phone and internet bills
- 1:1 point transfer to top airline and hotel partners
- Travel and purchase protection
- No foreign transaction fees
3. Capital One Spark Miles for Business
- 2x miles on all purchases, with no category restrictions
- 5x miles on hotel and rental car bookings through Capital One Travel
- Global Entry or TSA Precheck credit
- No foreign transaction fees
Credit Cards For Business Travel Example:
Imagine you travel frequently for your business and primarily book your flights with the same airline. You opt for the American Express Business Platinum Card because it offers excellent reward points for flights and hotels, lounge access, and no foreign transaction fees.
Throughout the year, you have six international round-trip flights, which amount to $10,000. You earn 5x points for these flights, totaling 50,000 Membership Rewards points. You also book hotel accommodations through Amex Travel, spending an additional $5,000 and earning 25,000 more points.
Thanks to your card, you now have 75,000 Membership Rewards points, which you can redeem for future flights, hotel stays, or even transfer to partnered airlines for better value. Plus, the $200 airline fee credit helps offset any extra luggage fees or flight change expenses.
With the right business travel credit card, you can transform your expenses into valuable perks and rewards that make your trips more enjoyable and cost-effective. Explore the options mentioned above and find the one that will serve you best on your business travels. If you found this guide helpful, don't forget to share it with your fellow business travelers and explore other articles on Flik Eco for more finance and investing tips!
