A business credit card can help separate business expenses from personal spending and may provide rewards or expense-management features.
Look at Your Spending
Identify your largest business expenses. Common categories include advertising, software, travel, shipping, office supplies, and business services.
Compare Annual Fees
A card with a higher annual fee may provide additional benefits, but the benefits should justify the cost for your particular business.
Understand Rewards
Compare earning rates, redemption choices, spending requirements, exclusions, and other program rules.
Review the APR
If you regularly carry a balance, the interest rate can have a significant impact on your total cost.
Employee Cards
If employees make purchases on behalf of the business, look for features such as spending controls and transaction monitoring.
Final Thoughts
The right business credit card depends on your spending habits, payment strategy, desired benefits, and fees.
Disclaimer: Credit card terms and eligibility requirements vary by issuer.