Philip Harman Business Rewards Credit Cards – Get The Rewards Your Business Deserves
With every business endeavor comes a certain need to spend money. While you make the necessary expenses, why not choose a credit card that will reward your purchases? Business rewards credit cards offer many useful benefits, and some are a great way to help you earn cash back or accumulate travel bonuses. With business rewards credit cards, you can get the rewards your business deserves.
Consider Cash Back
Many business rewards credit cards come with a program that allows you to earn cash back on your purchases. These offers usually apply specifically to business-related purchases. So if you have to buy office equipment, you can expect to receive a good portion of money back as a rebate.
On average, cash back rewards cards geared for small business owners offer up to 1 percent cash back on general purchases and around 3 percent cash back for business expenses. Some even allow you to earn up to 5 percent cash back.
The rewards on these cards can add up fast. Say you spend an average of $ 1,000 each month on office supplies, and your card includes a cash back incentive of 3 percent. You’ll earn $ 30 a month just for using the card. Pay off the balance each month and you won’t have to worry about interest charges adding up.
Travel Rewards
Another popular choice for business owners comes in the form of travel rewards. This type of card grants you points or miles as you spend. You can then use these toward airline tickets or other travel rewards. If you travel frequently for business purposes, or plan to in the near future, these cards are a solid option.
A Variety of Rewards
Some business rewards credit cards simply give you points every time you make a purchase. As your points add up, you can redeem them for a variety of reward options. The choices often vary from hotel stays to airline tickets to other miscellaneous items. If you don’t want to be tied to a specific rewards plan, the point system is a good way to go. It will give you a wide selection to choose from, so you can decide which rewards will be the most valuable to your business at certain times.
Additional Perks
Using a business rewards credit card comes with many other benefits. If you use it for all of your business purchases, you will be able to keep a list of all of your expenses. Also, many of these cards come with an expense report that categorizes your purchases. This lets you see how much you spent on certain items. Having everything in one place is especially helpful when tax time rolls around.
Some programs include an option to put a spending limit on employee cards. This feature makes it possible to have workers use the card, without having to worry about them spending too much. Other cards give you online access, so you can check your account at any time.
Business rewards credit cards are a valuable resource to have. They will not only help you better manage the finances of your company; they will also reward you with many bonuses. Sign up for one today. Then watch your company, and rewards, grow.
