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 2018.
TL;DR: The Best Visa Business Credit Cards of 2018
The four best Visa business credit cards of 2018 will offer you a variety of stellar rewards programs for your business spending. For the best Visa business credit card for travel rewards, look to the Ink Business Preferred, which offers its cardholders the opportunity to earn a welcome bonus worth upwards of $1,000 of free travel.
If you’re looking for cash back reward and a 0% intro APR period from your Visa business credit card, then the Ink Business Cash is your best bet—this business credit card offers tiered cash back rewards along with a 12-month 0% intro APR period.
On the other hand, if you want no-fuss, flat-rate cash back from your Visa business credit card, then consider the Spark Cash. This card will get you a flat-rate, unlimited 2% cash back for your business spend.
Finally, if you’re looking for Visa business credit cards that provide the opportunity to build or rebuild credit, then look to the Spark Classic, which is available to business owners with personal credit as low as 550.
No matter which Visa business credit card you end up opting for, you’ll be able to access some universal perks. For all Visa Business credit cards, you’ll be able to access little-known perks like roadside assistance and purchase protections. Plus, for Visa Signature Business you’ll access additional perks like travel accident insurance and lost luggage reimbursement.
Best Visa Business Credit Card 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. On the other hand, if you redeem for travel booked through Chase’s online portal, your signing bonus could be worth $1,000.
But, even more than that, 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, spending with the card will earn you:
- 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
- 1 point per $1 elsewhere
These rewards are exciting. But do keep in mind to measure the benefits of the card’s reward program against the downside of the card having a $95 annual fee.
Nonetheless, there are a few more perks included that should factor into your decision, as well. There’s no foreign transaction fee or charge for additional employee cards. Plus, the Ink Business Preferred comes with some great Visa advantages.
As a Visa Signature Business card, it comes with lost luggage reimbursement, travel accident insurance, and a host of other perks that you can read more about in a later section detailing what it means to carry a Visa Signature.
If you travel for business and are looking for Visa business credit cards, then there’s not much better for you than the Ink Business Preferred.
Best Visa Business Credit Card 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. Nonetheless, it also 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. 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 unlike the Preferred, there’s no annual fee with this card. Despite it not having an annual fee, this card’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). This is one of the longest 0% APR intro periods in the game.
That being said, you’ll 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 Visa Business Credit Card 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
- 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. Then, it gives a solid ongoing rewards rate with easy-to-use cash rewards.
It does come with a $95 annual fee that is waived the first year. There’s also 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 $19,000 a year (in which case the extra 0.5% rewards are worth it) or you plan to hold the card for less than four years (which means 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 Visa Business Credit Card for building credit: Capital One Spark® Classic
Finally, if your business is still establishing its creditworthiness, the Capital One Spark® Classic is a good choice for average credit. If you’re working with a credit score that rounds in at 550 or above, this business card option is available for you.
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 business credit 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). Meanwhile, the network provides some of the perks (like travel insurance).
Here are the extra goodies that Visa throws in with their business credit card options.
Visa Business: What You’ll Get
No matter which Visa business credit card you end up choosing for your business spending, you’ll be able to access the following base-level perks that Visa Business offers:
- Cardholder inquiry service for your account balance and other customer service needs
- Lost or stolen card reporting
- Purchase security and extended protection
- Emergency card replacement and cash disbursement
- Rental car insurance
- Zero liability for fraud
- Travel and emergency assistance services
- Roadside assistance
- Visa Business Reporting
Visa Signature Business: What You’ll Get
Additionally, if you opt for a Visa Signature Business credit card, then you’ll gain access to even more perks through Visa.
With a Visa Signature Business credit card, you’ll get all of the Visa Business perks, plus:
- Lost luggage reimbursement
- Travel accident insurance
Are Any of the Visa Business Credit Cards Right for You?
Now 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.
Plus, no matter your spending habits or rewards preferences, you’ll be able to gain access to Visa Business’s top-of-the-line cardholder perks.
The post Explore the Best Visa Business Credit Cards of 2018 appeared first on Fundera Ledger.
from Fundera Ledger https://www.fundera.com/blog/visa-business-credit-cards
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