Having the right credit card as a small business owner is very essential, which is why we bring you a review of the 4 best credit cards for small business owners of 2019.

Best Credit Cards For Small Business Owners Capital One Spark Cash (Best Flat Rate Cash Back)

Perks

All purchases earn unlimited 2% cashback. There are no special categories to keep up with and you don’t have to streamline your spending to earn additional rewards.

Those who spend a lot on their business, now have an opportunity to earn hundreds of dollars in rewards each year. You can redeem your rewards at any time in any amount. No minimum redemption.

Your business can earn a $500 cash bonus just by spending $4,500 on purchases in the first three months of account opening.

Downsides

  • Penalty rate charged for late payment is 31.65%.
  • Minimum Credit Needed: Excellent
  • Annual Fee: $95, waived in the first year
  • Intro APR: None offered
  • Ongoing APR: 19.24% Variable. Balance Transfer Fee: None
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: $500 cash bonus after spending $4,500 in the first three months.

Blue Business Cash Card ( Best For Office Supplies)

It is the best credit card for earning cashback on office supplies.

Earn 2% cashback on all eligible purchases on up to $50,000 per the calendar year, then 1% after you’ve hit that limit.

Offers you the ability to spend above your credit limit, up to a certain amount depending on your payment history, credit record, financial resources, as well as other factors as determined by American Express.

Downsides

  • Your cashback rewards get instantly posted to you’re your account as a statement credit
  • MinimumCredit Needed: Excellent
  • Annual Fee: None
  • Intro APR: 0% on purchases and balance transfers for 12 months
  • Ongoing APR: 15.24% – 21.24% Variable
  • Balance Transfer Fee: Either $5 or 3% of the amount of each transfer whichever is greater.
  • Cash Advance Fee: N/A
  • Foreign Purchase Transaction Fee: 2.7% of the transaction in U.S. dollars.
  • Welcome Offer: None.
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CitiBusiness/AAdvantage Platinum Select World MasterCard

Earn 60,000 American Airlines AAdvantage(R) bonus miles after you spend $3,000 within the first 3 months of account opening.

You can earn two miles for every dollar you spend on select business purchases including gas stations and eligible American Airlines purchases. Other purchases earn one mile per dollar.

. Save 25% on in-flight purchases on American Airlines flights and an additional option of flying to select destinations on American Airlines operated flights for up to 7,500 fewer AAdvantage miles.

Check your first bag for free for you and up to four companions traveling, and you’ll get preferred boarding on domestic American Airlines flights.

Downsides

  • No lounge access for cardholders
  • Minimum Credit Needed: Excellent
  • Annual Fee: $99 waived in the 12 months
  • Intro APR: None offered
  • Ongoing APR: 17.74% – 25.74% variable
  • Balance Transfer Fee: N/A
  • Cash Advance Fee: $10 or 5% of the advance amount
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: 60,000 American Airlines AAdvantage(R) bonus miles after spending $3,000 within the first 3 months of account opening.

U.S. Bank Business Platinum Card (Best For Balance Transfers)

Perks  

Offers a long promotional period – 0% for 12 billing cycles, which applies to both purchases and balance transfers.

Offers a great promotional rate which is great for paying off a large balance which currently has a high-interest rate.

Some businesses get to enjoy the initial 0% purchase rate for low-cost financing of business equipment, office supplies, or other major expenses.

Downsides

  • Minimum Credit Needed: Excellent
  • Annual Fee: None
  • Intro APR: 0% on purchases and balance transfers for 12 billing cycles
  • Ongoing APR: 12.24% – 20.24% variable
  • Balance Transfer Fee: $5 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the advance amount
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: None offered.