Why Business Credit Cards Matter for New Entrepreneurs
A business credit card is essential for building business credit separate from your personal credit, simplifying accounting and tax preparation, and accessing higher credit limits than personal cards.
Best Business Credit Cards for Beginners
1. Chase Ink Business Unlimited
Earn unlimited 1.5% cash back on all purchases with no annual fee. Great for businesses with diverse spending needs and includes a $750 bonus after spending $6,000 in the first 3 months.
2. American Express Blue Business Cash
2% cash back on all eligible purchases up to $50,000 per year, then 1%. No annual fee and no personal guarantee required makes this ideal for new business owners.
3. Capital One Spark Cash for Business
Flat 2% cash back on all purchases with employee cards at no additional cost. $95 annual fee (waived first year) and $500 cash bonus after qualifying purchases.
Building Strong Business Credit
Use your business card regularly, pay on time every month, keep utilization below 30%, and monitor your business credit reports. At Rrova, we help entrepreneurs establish strong business credit foundations.
