how rewards on credit cards work<\/a>. The important thing to remember here is that these programs reward you for the money spent through your line of credit. <\/p>\n\n\n\nSome business credit card issuers offer rewards in the form of discounts on everyday purchases, while others offer discounted flights, hotel stays, and gift cards. Therefore, if this is something you need for your business, such rewards can be very valuable.<\/p>\n\n\n\n
It Comes With More Generous Sign-Up Bonuses<\/h2>\n\n\n\n
A major difference between a business credit card and a personal credit card is that the business ones usually offer bigger welcome bonuses. Given that you\u2019re likely to spend more for business purposes than you would for your personal expenses, these bonuses can really come in handy.<\/p>\n\n\n\n
For example, with the Ink Business Preferred Credit Card, you can earn a 100,000 bonus for spending $15,000 within the first three months. You can redeem the points by getting $1,000 cash back or spending $1,250 on travel expenses.<\/p>\n\n\n\n
To put things into perspective, a similar personal credit card, the Chase Sapphire Preferred Card, gives you 80,000 bonus points as a welcome offer after spending $4,000 in the first three months. The maximum bonus value for the Ink Business Preferred card is 1,250, while for its personal counterpart, the maximum value is $750.<\/p>\n\n\n\n
Many business credit cards have 0% APR for a certain period of time, which can exceed 12 months in some cases. This can be very helpful for small startups, which often need to cover a range of investments on a limited budget. Not having to pay the interest rate for at least a year gives them time to get their business up and running.<\/p>\n\n\n\n
You Can Get Free Employee Cards<\/h2>\n\n\n\n
Finally, many business card issuers offer free employee cards, which can significantly simplify making business-related purchases. For instance, employees can use the card for business trip expenses. <\/p>\n\n\n\n
With employees having their own business cards, the business owner won\u2019t have the extra task of repaying the employees, and the workers won\u2019t have to use their personal cards. The employer can set the limit on these cards to prevent overspending.<\/p>\n\n\n\n
Final Comments<\/h2>\n\n\n\n
As you can probably tell, business credit cards are a great asset to keep your business running smoothly. If you\u2019re still wondering do I need a business credit card, remember that this is a great way to boost your personal credit score, separate your business expenses from your personal ones, and take advantage of some generous rewards and bonuses.<\/p>\n","protected":false},"excerpt":{"rendered":"
Business credit cards offer a number of perks to business …<\/p>\n
Should I Get a Business Credit Card? 7 Good Reasons to Go for It<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":30,"featured_media":593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/posts\/592"}],"collection":[{"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/comments?post=592"}],"version-history":[{"count":2,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/posts\/592\/revisions"}],"predecessor-version":[{"id":3593,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/posts\/592\/revisions\/3593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/media\/593"}],"wp:attachment":[{"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/media?parent=592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/categories?post=592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smallbizgenius.net\/wp-json\/wp\/v2\/tags?post=592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}