In a fast-advanced world where we are right now, banking and financing are major aspects of everyone's life. Whether in sending money or in receiving money, we find ourselves at one end of a transaction one day or another.
And while technology has also taken part in making finances easier, we keep seeing more evolutions in the finance industry.
Right now, we have bank cards (credit card, debit card, prepaid or gift card, and many others) that also facilitate both physical and online transactions.
And to take a closer look at credit cards, each person have his or her reasons why they can get a credit card from the card provider. What if you are someone that travels a lot and you want to budget your money to avoid overspending?
Well, with a credit card, you can get some cash just for your travel needs and once you are back you see that you have not used up more than what you expected to use. Well, this guide today will be showing you some of the best business credit cards for travelers.
Best Business Credit Cards for Travel
Understanding Business Credit Cards
Business credit cards are financial tools specifically designed for business owners to manage expenses, build credit, and streamline financial operations. Here’s a breakdown of their key features, benefits, and considerations:
Key Features
- Business credit cards typically offer higher credit limits compared to personal cards, allowing businesses to make larger purchases.
- Many business credit cards offer rewards such as cash back, points, or travel rewards based on spending categories relevant to businesses (e.g., office supplies, travel).
- They often come with tools for tracking expenses, categorizing purchases, and generating reports, which can simplify bookkeeping.
- Business credit cards usually also allow you to issue additional cards for employees.
- Responsible use of a business credit card can help build the company’s credit history, which is important for future financing.
Top Business Credit Cards for Travel
1. Chase Ink Business Preferred Credit Card
The Chase Ink Business Preferred Credit Card is a favorite among small business owners for its robust rewards structure and travel benefits.
Comprehensive travel and purchase protections, no foreign transaction fees, and access to Chase's Ultimate Rewards program.
Rewards: Earn 3 points per dollar on the first $150,000 spent in combined purchases in bonus categories each anniversary year, including travel, and 1 point per dollar on all other purchases.
Sign-Up Bonus: Earn 100,000 bonus points after spending $15,000 in the first three months.
Annual Fee: $95
2. American Express Business Platinum Card
Known for its premium travel benefits, the American Express Business Platinum Card is ideal for frequent travelers.
Access to over 1,300 airport lounges worldwide, comprehensive travel insurance, and a range of exclusive travel-related perks.
Rewards: Earn 5 points per dollar on flights and prepaid hotels booked through American Express Travel, and 1.5 points on eligible purchases of $5,000 or more.
Sign-Up Bonus: Earn 120,000 Membership Rewards points after spending $15,000 in the first three months.
Annual Fee: $695
3. Capital One Spark Miles for Business
The Capital One Spark Miles for Business card offers straightforward rewards with a flexible travel redemption process.
No foreign transaction fees and the ability to transfer miles to over 15 travel partners.
Rewards: Earn 2 miles per dollar on every purchase, with no limits.
Sign-Up Bonus: Earn a one-time bonus of 50,000 miles after spending $4,500 in the first three months.
Annual Fee: $95 (waived the first year).
4. U.S. Bank Business Leverage Visa Signature Card
This card is perfect for businesses that want to maximize rewards in specific categories. Travel and purchase protections, along with no foreign transaction fees.
Rewards: Earn 2 points per dollar on the first $25,000 spent in eligible combined purchases in two chosen categories each year, including travel, and 1 point per dollar on all other purchases.
Sign-Up Bonus: Earn 20,000 bonus points after spending $1,000 in the first 90 days.
Annual Fee: $0 for the first year, then $95.
5. Delta SkyMiles Gold Business American Express Card
For businesses that frequently fly Delta, this card offers valuable rewards and perks. First checked bag free on Delta flights, priority boarding, and no foreign transaction fees.
Rewards: Earn 2 miles per dollar on Delta purchases, restaurants, and U.S. shipping, and 1 mile on other purchases.
Sign-Up Bonus: Earn 70,000 bonus miles after spending $3,000 in the first three months.
Annual Fee: $99 (waived the first year).
Importance of a Business Credit Card for Travel?
Business credit cards tailored for travel come with a host of advantages:
- Many travel business credit cards offer points or miles for every dollar spent on travel-related purchases, including flights, hotels, and car rentals.
- Most travel cards come with lucrative sign-up bonuses, allowing you to earn a substantial amount of points or miles after meeting a minimum spending requirement.
- These cards often include benefits such as airport lounge access, travel insurance, and no foreign transaction fees, making your travel experience more enjoyable and less stressful.
- Using a dedicated business travel card simplifies tracking expenses for tax purposes and reimbursement.
- Responsible use of a business credit card helps establish and build your business credit profile, which can be beneficial for future financing needs.
Closing Remarks on Business Credit Cards for Travels
As a traveler, budgeting your money is a very important aspect for you to minimize expenditures. And getting a business credit card will be very important.
In this guide, we brought five of the best business credit cards right now if you want to travel. And you will be able to fund and budget your trip with ease with these cards.
The cards highlighted in this post offer a range of rewards, benefits, and features designed to enhance your travel experience while helping you save money.
When selecting a business credit card for travel, consider your travel habits, spending patterns, and the types of rewards that matter most to you.
By choosing wisely, you can maximize your rewards, enjoy valuable travel perks, and streamline your expense management.