Wednesday, March 1, 2017

The Best Visa Business Credit Cards of 2017

Let’s take the banks out of it—which Visa business credit cards top the list?

Whether you’re looking for travel perks, excellent rewards on everyday office purchases, 0% intro APR, or a way to build credit, Visa’s got you covered.

We’re breaking down the many benefits Visa offers and reviewing the best Visa business credit cards of 2017.

Best for travel rewards: Ink Business PreferredSM

The Chase Ink Business PreferredSM is the top Visa business credit card offering for business travelers.

It kicks off with a great signup bonus: 80,000 Chase Ultimate Rewards Points when you spend $5,000 in the first 3 months of cardmembership.

That’s $800 if you redeem as statement credit or gift cards and $1,000 if you redeem for travel booked through Chase’s online portal, but if you transfer to one of Chase’s airline or hotel loyalty partners and redeem strategically, your signup bonus can be worth upwards of $1,500!

As for ongoing rewards, the card earns 3 Ultimate Rewards Points per $1 on the first $150,000 spent in combined purchases on travel; shipping purchases; internet, cable, and phone services; and on advertising purchases made with social media sites and search engines; and 1 point per $1 elsewhere. Those points are awarded on the account anniversary, which is a bit of an annoyance since the card has a $95 annual fee.

However, there’s no foreign transaction fee or charge for additional employee cards, and the Ink Business Preferred comes with some great Visa perks.

As a Visa Signature Business card, it comes with lost luggage reimbursement, travel accident insurance, and a host of other perks (we’ll go into these in detail later).

If you travel for business and are looking for Visa business credit cards, then there’s not much better than the Ink Business Preferred.

Best for cash back and best for 0% intro APR: Ink Business CashSM credit card

In another nod to Chase’s business suite, the Ink Business CashSM keeps up the tradition of good rewards but offers simplicity in the form of cash back and no annual fee.

To start, the Ink Business Cash offers a $300 cash back bonus if you spend $3,000 in the first 3 months after opening the account. As for ongoing rewards, the card rewards everyday business purchases with:

  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services spent annually.
  • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants spent annually.
  • 1% cash back everywhere else.

Keep in mind that like the Preferred, your cash back rewards are given once a year on your account anniversary rather than as you earn, but since there’s no annual fee, it’s less of an annoyance. It’s also a Visa Signature Business card, so it carries the same Visa business credit cards perks as the Ink Business Preferred.

Our pick for the best Visa business credit card cash back offer, Ink Business Cash offers great rewards in areas where small businesses typically spend.

But the card also tops our list for its great introductory APR period: 0% interest on balance transfers and purchases for the first 12 months (keep in mind the 5% balance transfer fee, though).

You also want to make sure you can pay off your balance before the full interest rate kicks in (that’s 9.99% to 15.99% plus the prime rate up to 29.99%, depending on your creditworthiness).

If you need to make a big purchase and pay it off over time, using the Ink Business Cash can offer more flexibility and better rates than a traditional bank business loan—and definitely better rates than carrying a balance on a card with no 0% APR period.  

Best for flat-rate rewards: Capital One Spark® Cash for Business

The Capital One Spark® Cash for Business is as straightforward as it gets: 2% cash back on every dollar you spend, no rotating bonus categories, no spending caps—and as the Samuel L. Jackson ads say, no hassle.

The card kicks off with a $500 signup bonus when you spend $4,500 in the first three months and then gives a solid ongoing rewards rate with easy-to-use cash rewards.

It does come with a $59 annual fee (waived the first year), but there’s no foreign transaction fee or charge for employee cards.

The no annual fee version of the card, the Capital One Spark® Cash Select, offers 1.5% cash back on all purchases and a $200 signup bonus when you spend $3,000 in the first three months.

Despite its annual fee, the 2% cash back Spark card is one of the best Visa business credit cards if you either spend more than $2,950.75 a year (in which case the extra 0.5% rewards are worth it) or you plan to hold the card for less than five years (in which case the larger signup bonus outweighs the fee).

Otherwise, go with the Select.

Either way, though, you know exactly what you’re getting: simplicity and solid rewards.

Best for building credit: Capital One Spark® Classic

Finally, if your business is still establishing its creditworthiness and you don’t want to put your personal credit score on the line, the Capital One Spark® Classic is a good choice for average credit.

Unlike many fair-credit options, the Spark Classic has no annual fee and even earns rewards—1% cash back on all purchases.

If you aren’t able to qualify for other cards on this list, the Spark Classic gives the same Visa Business benefits as other Visa business credit cards and gives you a chance to build your credit—can’t be fairer than that.

What Perks Do Visa Business Credit Cards Offer?

Depending on which level of Visa card you go for—Visa Business or Visa Signature Business—you’ll get different levels of benefits from the card network.

Generally speaking, your bank provides you with the rewards (like cash back or travel miles on purchases), while the network provides some of the perks (like travel insurance).

Here are the extra goodies thrown in by Visa.

Visa Business: What You’ll Get

  • Cardholder inquiry service for your account balance and other customer service needs
  • Lost or stolen card reporting
  • Emergency card replacement and cash disbursement
  • Rental car insurance
  • Zero liability for fraud
  • Travel and emergency assistance services
  • Roadside assistance

Visa Signature Business: What You’ll Get

All of the Visa Business perks, plus:

  • Lost luggage reimbursement
  • Travel accident insurance
  • Purchase protection
  • Extended warranty

Are Any of the Visa Business Credit Cards Right for You?

Now that you have all the Visa business credit cards laid out in front of you, are you ready to take the next step with one of them?

Whether you’re a frequent business traveler or you’re just looking for solid, steady business credit card rewards, Visa likely has a business credit card for you.


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