These are the Best Credit Cards for cash back and travel

Running a business requires you to manage your finances wisely. There are many startup entrepreneurs who fall into the trap of not being able to separate business and personal spending. Hence, they unconsciously make matters worse in managing their finances.

One way to deal with this is by getting a business credit card – this is applicable whether for both small and big businesses, so there’s no need to worry if you’ll be granted one. In fact, there are several credit cards designed for small businesses with limited to no employee.

The perfect thing about getting a business credit card is that you get the most out of your business spending since you earn points and in some cases, you even get to enjoy cash backs for every business expenditure that you have. The result – you get the best value for your money.

In this blog, I’ll be giving you a list of the best credit cards for small businesses so you can be guided in choosing the right credit card for your business that will offer you the best perks for your lifestyle and preferences. If you’re also looking for the best credit cards for personal use, I’ll be giving you a list of the best personal credit cards that you can use that will fit the lifestyle of a digital nomad.

BUSINESS CREDIT CARDS

AMERICAN EXPRESS (AMEX)

The Business Platinum Card®

If you’re a frequent traveler, you’d love the Amex Business Platinum Card. This credit card comes with a lot of travel benefits, like travel insurance, hotel discounts, and access to a variety of international airport lounges.

Annual Fee: $595 annual fee

Foreign Transaction Fee: No

Signup Bonus

Get an instant 85,000 Membership Rewards points upon spending $15,000 on selected purchases within the first three months.

Rewards

  •   Enjoy 5x points on selected flights and hotels on amextravel.com
  •   Enjoy 1.5x points on each eligible purchase of $5,000 or more
  •   Enjoy up to 1 million extra points for each calendar year
  •   Enjoy 1x point for every dollar that you spend on selected purchases

Additional Benefits

  •   Exclusive discounts with an average total value of $550 with Fine Hotels + Resorts
  •   35% Airline Bonus
  •   Access to American Express Global Lounge Collection
  •   Lavish on Marriott Bonvoy Gold Elite Status
  •   Hilton Honors Gold Status
  •   Business Platinum Travel Service
  •   Trip Delay Insurance
  •   Trip Cancellation and Interruption Insurance
  •   Get up to $200 Annual Dell Technologies Statement Credit

Amex Business Plum Card

The Amex Plum card is the perfect choice for business expenditures that offers flexible payment dates so you can efficiently plan your financial calendar.

Annual Fee: $0 introductory fee, then $250 Annual Fee

Rewards

  • Get a 1.5% Early Pay Discount in the form of a statement credit on the amount paid within 10 days of your statement closing date
  • Anything not paid by the due date will be carried forward to the next statement without interest.
  • Take up to 60 days with no interest when you pay the Minimum Due by the Payment Due date.

Signup Bonus

Earn a $200 statement credit after each $10,000 you spend in purchases on the Card, up to $30,000, within the first 3 months of Card Membership.

Additional Benefits

  • Flexible Payment Terms
  • No preset spending limit
  • Car Rental Loss and Damage Insurance
  • Globe Assist Hotline

Foreign Transaction Fee: No

Amex Business Gold

The Amex Business Gold card is a good choice for businesses looking for a credit card with generous perks for travel and more.

Annual Fee: $295 Annual Fee

Foreign Transaction Fee: No

Signup Bonus

Enjoy 35,000 Membership Rewards points upon spending $5,000 and get an extra 25,000 points after spending an additional $2,500 in selected purchases within your first three months.

Rewards

  •   Earn 4x Membership Rewards points on select purchases, including the ff:
    • Airfare purchased directly from airlines
    • U.S. purchases for advertising in select media (online, T.V., radio)
    • U.S. purchases made directly from select technology providers of computer hardware, software, and cloud solutions
    • U.S. purchases at gas stations
    • U.S. purchases at restaurants
    • U.S. purchases for shipping
  •   Earn 1x on other purchases

Additional Benefits

  • Get up to 25% Airline Bonus
  • No Preset Spending Limit
  • Gain access to travel discounts and amenities when you enroll in The Travel Collection by Travel Leaders Group
  • Pay Over Time Option
  • Get exclusive deals when you book The Hotel Collection properties
  • Free Baggage Insurance Plan
  • Free Car Rental Loss and Damage Insurance

Hilton Honors American Express Business Card

For entrepreneurs who frequently travel and opt to stay in Hilton hotels and resorts, having this Hilton Honors American Express Business Card will come handy. Earn massive points when you use your business credit card for purchases at any Hilton establishments, flights, and more.  So, if you normally fly in and out of the state or country, make sure to get this business credit card and get started on earning points!

Annual Fee: $95

Foreign Transaction Fee: No

Signup Bonus

  • Earn 130,000 Bonus Points after you spend $2,000 in purchases on the Hilton Honors Business Card in the first 3 months.
  • Earn an additional 50,000 Hilton Honors Bonus Points after you spend a total of $10,000 in purchases on the Card in the first 6 months.

Rewards

  • Enjoy 12x Hilton Honors Bonus points per dollar for purchases made in Hilton establishments.
  • Enjoy 6x Hilton Honors Bonus points per dollar on select business purchases at U.S. gas stations, on wireless telephone services purchases directly from U.S. service providers, and on U.S. purchases for shipping.
  • Enjoy 6x Hilton Honors Bonus points per dollar on select travel purchases at U.S. restaurants, on flights booked directly with airlines or with Amex Travel, and on car rentals booked directly from select car rental companies.
  • Enjoy 3x Hilton Honors Bonus points per dollar on all other purchases.
  • Earn a complimentary Hilton Honors Gold Status

Additional Benefits

  • Earn a free weekend night reward after you spend $15,000 on eligible purchases in a calendar year.
  • Earn a second weekend night reward from Hilton Honors after you spend $60,000 on eligible purchases in a calendar year.
  • You’ll get access to over 1,200 airport lounges each year once enrolled in Priority Pass™ Select Membership.
  • Spend $40,000 on eligible purchases on your card in a calendar year and you can earn Hilton Honors Diamond status
  • Car rental loss and damage insurance
  • Baggage insurance plan

Amex Marriott Bonvoy BusinessTM Card

If your business trips normally entail staying in a Marriott hotel, then you should consider getting this Marriott Bonvoy BusinessTM Card. This business credit card comes with extensive deals and benefits that will make your stay in Marriot more meaningful and more enjoyable. Plus, you’ll be earning so much points that you won’t even feel like you’re paying for such a lavish stay!

Annual Fee: $125

Foreign Transaction Fee: No

Signup Bonus

  • Earn 75,000 Marriott Bonvoy Bonus Points after you use your new card to make $3,000 in purchases within the first 3 months.
  • Get cash backs of up to $150 in statement credits on eligible purchases made on your new card within the first 3 months of card membership

Rewards

  • Earn 6x points per dollar on eligible purchases at hotels participating in the Marriott BonvoyTM program.
  • Earn 4x points per dollar on eligible purchases at U.S. restaurants, gas stations, shipping providers, and wireless phone services purchased directly from service providers.
  • Earn 2x points on all other eligible purchases.

Additional Benefits

  • Get one free night award every year, after your card account anniversary.
  • Earn another free night award after you spend $60,000 in purchases on your card in a calendar year.
  • Each calendar year you can receive 15 elite night credits towards the next level of Marriott Bonvoy Elite status.
  • Redeem Marriott Bonvoy points for flights and car rentals across hundreds of travel partners around the world.
  • Receive complimentary Marriott Bonvoy Silver Elite status with your card, which includes priority late checkout when available and 10% bonus points on stays.
  • Enjoy your favorite Netflix shows with a complimentary in-room, premium internet access while staying at hotels participating in the Marriott BonvoyTM program.
  • Purchase Protection for up to 90 days from the covered purchase date if it is stolen or accidentally damaged.

CAPITAL ONE

Spark Cash from Capital One

For those who prefer a card with good security, Spark Cash Card should be a good choice. This card comes with security, fraud protection, and customer support that you need to make your business spending seamless and secure.

Annual Fee: $0 intro for the first year, $95 after that

Foreign Transaction Fee: No

Signup Bonus

Earn a one-time $500 cash bonus once you spend $4,500 on purchases within the first three months from account opening.

Rewards

  •   Unlimited 2% cashback on every purchase, every day
  •   Earn 5X miles on hotel and rental car bookings through Capital One Travel

Additional Benefits

  •   No over-limit fees
  •   $0 Fraud Liability
  •   Automatic Payments
  •   Free employee cards with spending limits
  •   Receive up to $100 credit for Global Entry or TSA Pre✓
  •   Travel Assistance Perks

Spark 2x Miles from Capital One

If you’re keen on ramping up your mileage, then getting the Spark 2x Miles Card should be your top choice. This card enables you to earn two miles per dollar that you spend, making it the practical choice for frequent travelers and digital nomads.

Annual Fee: $0 intro for the first year, $95 after that

Foreign Transaction Fee: No

Signup Bonus

  •   Enjoy a bonus of 50,000 miles once you spend $4,500 in the first three months.
  •   Transfer miles to 10+ airlines and get up to $100 credit for Global Entry or TSA Pre✓

Rewards

  •   Enjoy 2x miles for every purchase, with no minimums or expiration date
  •   Enjoy 5x miles from hotel and rental car bookings through Capital One Travel

Additional Benefits

  •   $0 Fraud Liability
  •   Automatic Payments
  •   Free employee cards with spending limits
  •   Excusive Travel Assistance Perks

CHASE

Ink Business Preferred® Credit Card

The Chase Ink Business Preferred Credit Card offers a massive signup bonus, high rewards, and an array of perks, making this card worthy of the annual Fee.

Annual Fee: $95 Annual Fee

Foreign Transaction Fee: No

Rewards

  •   Earn 3x points per $1 on the first $150,000 spent in select purchases
  •   Earn 1 point per $1 spent on all other purchases

Additional Benefits

  •   Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  •   Fraud Protection and Purchase Protection
  •   Free Employee cards
  •   Trip Cancellation/Trip Interruption Insurance

Ink Business Unlimited® Credit Card

The Chase Ink Business Unlimited Credit Card comes in as one of the best business credit cards with its zero annual Fee and generous earnings for each purchase. Perfect for domestic use if your business is based in the U.S.

Annual Fee: No Annual Fee

Rewards

  •   Earn unlimited 1.5% Cash Back rewards on every purchase
  •   Redeem your rewards for cash back, gift cards, travel, and more

Signup Bonus

$750 bonus cash back after you spend $7,500 on purchases in the first three months

Additional Benefits

  •   Free Employee cards
  •   Auto Rental Collision Damage Waiver
  •   Travel and Emergency Assistance Services
  •   Purchase Protection

Foreign Transaction Fee: Yes – 3% of the amount of each transaction in U.S. dollars

PERSONAL CREDIT CARDS

AMERICAN EXPRESS (AMEX)

Hilton Honors Aspire Card

For those who frequent the Hilton hotels, this should be your top choice. Hilton Honors American Express Aspire Card, is perfect for frequent travelers who prefer to stay at Hilton hotels. This card comes with tons of perks that will surely give you great value for money – plus, it may not be as expensive as you think.

Annual Fee: $450 Annual Fee

Foreign Transaction Fee: No

Signup Bonus

Earn 150,000 Hilton Honors Bonus Points after using your new card to make $4,000 in purchases within the first three months.

Rewards

  •   Enjoy 14x Points on Hilton Purchases
  •   Enjoy 7x Points on Select Travel
  •   Enjoy 7x Points on Dining
  •   Enjoy 3x Points on Other Purchases

Additional Benefits

  •   Enjoy complimentary Hilton Honors Diamond status
  •   Enjoy one weekend night reward with your new Hilton Honors American Express Aspire Card and every year after renewal
  •   $250 Hilton Resort Statement Credit
  •   $250 AIRLINE FEE CREDIT
  •   $100 Hilton On-Property Credit
  •   Access to over 1,200 airport lounges around the world
  •   Free Car Rental Loss and Damage Insurance
  •   Free Baggage Insurance Plan

American Express® Gold Card

If you’re looking for a card that offers a lucrative reward points, then this Amex Gold Card is a great choice. This card comes with massive reward points for your favorite local shops – perfect for everyday use.

Annual Fee: $250 Annual Fee

Foreign Transaction Fee: No

Signup Bonus

Receive 35,000 Membership Rewards® Points after spending $4,000 on purchases on your new card in your first three months.

Rewards

  •   Enjoy 4x Points at U.S. Supermarkets
  •   Enjoy 4x Points on Restaurants
  •   Enjoy 1x Points on Other Eligible Purchases
  •   Enjoy 3x Points on Flights booked directly with airlines or on amextravel.com

Additional Benefits

  •   Receive a $120 Dining Credit
  •   Get a $100 hotel credit when you book a stay of at least two consecutive nights with American Express Travel at over 600 properties
  •   Free Baggage Insurance Plan
  •   Free Car Rental Loss and Damage Insurance

 

APPLY NOW to Get Your Gold AMEX Card

 

American Express® Green Card

Enjoy shopping with this Amex Green Card while getting the most rebates. This credit card is perfect if you’re an avid shopper of Home & Furniture, Bed Bath & Beyond, CB2, Crate and Barrel, Crate and Kids, The Home Depot, Lowe’s, Terrain, and The Container Store. Plus, enjoy full flexibility on how you want to pay your credit.

Annual Fee: $150 Annual Fee

Foreign Transaction Fee: No

Signup Bonus

Enjoy 50,000 Membership Rewards Points after spending $2,000 on purchases on your new Card in your first 6 months of Card Membership. Aside from that, earn up to $200 Back in Statement Credits on eligible purchases at selected stores within your first 3 months of Card Membership.

Rewards

  • Earn up to 3x points at Restaurants including takeout or delivery.
  • Earn up to 3x points on Transit including trains, buses, ferries, subway, and more.
  • Earn up to 3x points on Travel including airfare, hotels, cruises, tours, car rentals, and more.

Additional Benefits

  • $100 Credit to Help You Breeze Through Security
  • $100 Credit for Lounge Access
  • Trip Delay Insurance
  • Car Rental Loss And Damage Insurance
  • Baggage Insurance Plan

 

APPLY NOW to Get Your Green AMEX Card

CHASE

Amazon Prime Rewards Visa Signature Card

For Amazon shoppers, the Amazon Prime Rewards Visa Card is a must-have. This card comes with massive perks and exclusive deals across Amazon brands. Moreover, it offers a great level of protection for your travels, which you can enjoy without paying annual and foreign transaction fees.

Annual Fee: No Annual Fee

Foreign Transaction Fee: No

Signup Bonus

Get a $70 Amazon Gift Card instantly upon approval

Rewards

  •   Enjoy 5% cashback rewards at Amazon and Whole Foods Market
  •   Enjoy 2% cashback rewards at restaurants, gas stations, and drugstores
  •   Enjoy 1% cashback rewards on all other purchases

Additional Benefits

  •   Enjoy up to 20% back on rotating Amazon categories and products
  •   Free Travel and Emergency Assistance
  •   Free Travel Accident Insurance
  •   Lost Luggage Reimbursement
  •   Purchase Protection

 

APPLY NOW to Get Your IHG® Rewards Club Traveler Credit Card

 

Chase Freedom Unlimited® Credit Card

The Chase Freedom Unlimited Credit Card is one of the best credit cards that you can get that comes with the most generous terms and benefits, including a $200 signup bonus and massive rewards. Perfect for everyday use.

Annual Fee: No Annual Fee

Foreign Transaction Fee: Yes – 3% of the amount of each transaction in U.S. dollars.

Signup Bonus

Get a $200 bonus after spending $500 on purchases in the first three months

Rewards

  •   Enjoy 5% cashback on travel purchased through Chase Ultimate Rewards.
  •   Enjoy 3% cashback on dining at restaurants, including takeout and eligible delivery services.
  •   Enjoy 3% cashback on drugstore purchases.
  •   Enjoy 1.5% cashback on all other purchases.

Additional Benefits

  •   5% total Cash Back on qualifying Lyft rides
  •   Complimentary 3 months of DashPass / 50% Discounted DashPass from DoorDash for 9 months
  •   Zero Liability

World of Hyatt Credit Card

For frequent Hyatt hotel guests, this credit card will give you the best value for your money. While it comes with an annual fee, its free overnight stay each year, paired with generous rewards will make it worth the annual fee.

Annual Fee: $95 Annual Fee

Foreign Transaction Fee: No

Signup Bonus

  •   Earn 30,000 Bonus Points after you spend $3,000 on purchases within the first three months.
  •   Earn up to 30,000 more Bonus Points by earning 2 Bonus Points total per $1 spent on purchases that earn 1 Bonus Point, up to $15,000 spent in the first six months.

Rewards

  •   Earn 9 points total per $1 spent for Hyatt stays and experiences, including restaurants and spas
  •   Earn 2 Bonus Points per $1 spent for getting around with local transit and commuting
  •   Earn 2 Bonus Points per $1 spent for dining out at restaurants, cafes, and coffee shops
  •   Earn 2 Bonus Points per $1 spent for taking off with flights purchased directly from the airline
  •   Earn 2 Bonus Points per $1 spent for staying healthy with fitness club and gym memberships
  •   Earn 1 Bonus Point per $1 spent for wherever life takes you

Additional Benefits

  •   Earn an extra free night at any Category 1-4 Hyatt hotel or resort if you spend $15,000 in a calendar year.
  •   10% Bonus Points when choosing to earn points on eligible spend at Hyatt.
  •   Five qualifying night credits toward your next tier status every year.
  •   Two additional qualifying night credits toward your next tier status every time you spend $5,000 on your card

BlockFi

BlockFi Rewards Visa® Signature Credit Card 

If you’ve always wanted to try out crypto, then BlockFi is the perfect choice. BlockFi is the easiest place to buy, sell and earn cryptocurrency, even for beginners, so you can be at ease that you can earn way better than other crypto tradersAs for BlockFi Rewards Visa® Signature Credit Card, it’s basically considered as the world’s first Bitcoin rewards credit card.
Annual Fee: No Annual Fee
Rewards: 
  • Earn an unlimited 1.5% back in Bitcoin on every purchase with the BlockFi Rewards Visa® Signature Credit Card
  • Earn up to 7.5% APY
Signup Bonus
Earn 3.5% back in Bitcoin during your first 3 months.
Additional Benefits
  • Earn 2% back in Bitcoin on every purchase over $50,000 of annual spend
  • Trading bonus: 0.25% back in Bitcoin on all eligible trades.
  • Refer a friend and get $30 in bitcoin
Foreign Transaction Fee: No
 

APPLY NOW to Get Your BlockFi Rewards Visa® Signature Credit Card

Key Takeaway

Finding the perfect credit card that will suit your business and personal needs can be overwhelming with all the choices available. However, I hope that this blog somewhat helped you shortlist the top ones that are suitable for you. With this top selection of business credit cards, I hope that I was able to make your life easier in finding the right one for your needs. Just keep in mind that in choosing the right credit card, you need to make sure that you’ll get the best rewards and value for money!

 

Do You Need a Specific Credit Card for Travel?

The answer is simple – Yes. Having a credit card for your travel purchases can give you better deals and discounts for your flights and accommodation. Of course, this is not to mention the points and mileage rewards that you’ll be earning from all your travel purchases. That is the main benefit of getting a credit card that’s designed for travel purchases – as opposed to your everyday credit card, which won’t be giving you the same mileage perks.

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