Many people have asked me what types of credit cards of loans I use. So I have created a short post going over what I use, why I use it, and some of the things I like or dislike about the card. This isn’t financial advice, and you should do your own due diligence. However, I have used all the products mentioned in this post, and I have found them to be beneficial to me. If you have questions please feel free to contact us.
Amazon Business Card
Amazon business card is a good option for people who buy things on Amazon, which is to say the American Express Amazon business card is good for everyone! This card offers a 3% cash-back bonus for all items bought on Amazon.com. I have cards I use for specific purchases and some cards that I use for everyday spending. You could do both with this card, but it usually ends up being used specifically for Amazon purchases.
Amazon Business Card Referral Link
American Express Business Gold Card
Amex has so many different types of cards there is surely one for everyone. From Balance Transfer offers to exclusive partner cards like Delta, Hilton, Marriott, Lowes, and Amazon, surely they have a card for you. I personally have their Amazon card, which gets me 3% cash back on all Amazon purchases. I also have a SkyMiles Delta card that gets me free checked baggage and other benefits. Finally, I have a Business Gold Card, that I have used for large purchases and paying contractors.
The downside of some of the American Express cards is some cards are not true credit cards, but instead, they are called charge cards, this is something you should look into if you are not familiar with it. Another downside is that many of them have annual fees. This can be offset by their large introduction bonuses or their benefits. Make sure you take the time to get the entire picture before you select any credit card.
American Express Gold Card Referral Link
CapitalOne Business Spark Card
This is my favorite business card. You can get a version with 1.5% cash back with no annual fee, or you can pay a small annual fee and get 2% cash back, which is what I opted for. This card offers free employee cards that can have daily, weekly, or monthly preset spending limits. This card also offers no foreign transaction fees and no preset spending limit. One of the best features is how easy the redemption options are. I use this as my primary business card and I have redeemed around $450 in cash back in the last 3 months.
The downside of the CapitalOne Spark Card is that it is based on your personal credit. For many small business owners or entrepreneurs, this isn’t a deal breaker, however for larger businesses that is a significant issue.
CapitalOne Business Spark Card Referral Link
Chase Business Ink Card
Having a Chase card is something everyone should have, it’s a great overall card. If you are planning on getting a business card, you should apply for this one first due to Chase’s 4/12 policy. This card offers 1.5% cash back with no annual fee, and Chase offers many exclusive offers to cardholders. Chase offers many redemption options, and if you have a Chase Business account like I do, it makes payments and account access simple. Chase is one of the best companies overall to have credit cards through.
Chase Business Inc Card Referral Link
Delta Sky Miles Blue Card
Delta Sky Miles card is great for the traveler who likes to fly primarily with Delta. You get an extra checked back on flights, miles on purchases, and bonus features for traveling, including no foreign transaction fees. When I was traveling constantly I actually had the Platinum version of this card, but once I had to start paying the annual fee I had American Express send me the no annual fee version, which has met my needs.
Delta Sky Miles Referral Link
Discover Card
Discover card is one of the first credit cards I have ever gotten. This card has helped me in business more than any other card I have. I have used this card on two primary occasions, both times I used this card was for its excellent balance transfer features. I have used the balance transfer as a way to pay for rehabs on properties with 0% interest, and the funds get directed directly into my bank account. You may also like it for it’s cash back or other features, this is a good basic card for people to carry around.
Discover Card it Card Referral Link