The Top 10 Business Credit Cards for Small Businesses

The Top 10 Business Credit Cards for Small Businesses

Are you a maker or woodworker looking for a credit card for your small business? In this post, we are going to focus on The Top 10 Business Credit Cards for Small Businesses, especially for woodworkers, DIYers, and carpenters. However, the credit cards listed below apply for other small businesses as well. Small business credit cards are becoming extremely popular financing options and for good reason. They allow you to separate personal and business expenses and put your business expenses all in one place. These credit cards usually have higher spending limits and are more generous when it comes to their rewards programs. Some also have additional benefits such as low APRs. However, you will also find that many come with annual fees and require a pretty high credit score to qualify. Small business credit cards can save you thousands of dollars every year, which is great for someone like a woodworker, carpenter, or DIYer because they have plenty of expenses. You can get more out of your business expenses by using a credit card with rewards like cashback and points which you can use to purchase supplies, hardware, etc. For example, woodworkers have plenty of expenses like hardware, tools, and supplies. A credit card with plenty of rewards would really benefit them. Keep reading to find the Top 10 Business Credit Cards for Small Businesses.

Before we begin, are you looking for some general information on tools like miters saws, chainsaws, table saws, etc? Check out our complete resource guides on Miter Saws, Table Saws, Chainsaws, Band Saws and Circular Saws. These guides have all the information you need. You will be able to find history, the different types of the tool, the top brand sold, and more!

Chase Ink Business Unlimited Credit Card

Chase Ink Business Unlimited Credit Card: The Top 10 Business Credit Cards for Small Businesses

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The Ink Business Unlimited Credit Card is the best option for a variety of reasons. This credit card has a great initial bonus and an impressive ongoing rewards program. This card has the best value overall.

  • Sign-up Bonus: Earn $500 bonus cash if you spend $3,000 within 3 months of opening your account.
  • Annual Fee: This card has no annual fee. Its foreign transaction fee is 3%. Cash advances cost 5%. Balance transfers cost 5%.
  • Intro Purchase APR: 0% APR for 12 months.
  • Regular APR: Once the 0% APR ends after 12 months the regular variable APR ranges between 14.74% to 20.74%. 
  • Free employee cards

This card is a great option for woodworkers, DIYers, and carpenters due to its initial bonus and rewards program. Both of these features will significantly help a woodworker, DIYer, and carpenter with their business. The initial bonus will give a jumpstart while the rewards program will help with future purchases. 

Capital One Spark Cash for Business

Chase Ink Business Unlimited Credit Card: The Top 10 Business Credit Cards for Small Businesses

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The Capital One Spark Cash for Business is another great option because this card offers a baseline of 2% cashback on all expenses. This percentage is double the amount that you see on average cashback credit cards. 

  • Sign-up Bonus: Earn $500 bonus cash when you spend at least $4,500 on eligible purchases within 3 months of opening your account.
  • Annual Fee: $0 for the first year and $95 after that. There are no foreign transaction fees.
  • Intro Purchase APR: There is no intro purchase APR
  • Regular APR: The regular variable APR is 18.49%.
  • Free employee cards that also earn unlimited 2% cashback on all purchases.

This card is a great option for woodworkers, DIYers, and carpenters due to its cashback percentage. It is one of the highest cashback percentages out there and the percentage applies to every single purchase that is made. This feature can help with businesses, all the supplies and tools needed can be bought and 2% cashback will be given every time!  

3. Capital One Spark Miles for Business

Capital One Spark Miles for Business: The Top 10 Business Credit Cards for Small Businesses

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The Capital One Spark Miles for Business initial bonus is one of the best out there. If you’re a frequent traveler you will be able to save a lot with the cards unlimited double miles. This applies to every purchase. 

  • Sign-up Bonus: Earn 50,000 bonus miles when you spend at least $4,500 within 3 months of opening your account.
  • Annual Fee: $0 for the first year and $95 after that. There are no foreign transaction fees.
  • Intro Purchase APR: There is no intro purchase APR
  • Regular APR: The regular variable APR is 18.49%.
  • Free employee cards that also earn unlimited 2% cashback on all purchases.

This card is a great option for woodworkers, DIYers, and carpenters who travel frequently due to its initial bonus and unlimited double miles program. People who attend conventions, meetings, or other events can definitely utilize this card.  

American Express Blue Business Cash Card

American Express Blue Business Cash Card: The Top 10 Business Credit Cards for Small Businesses

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The American Express Blue Business Cash Card is a great option because it has a great initial introductory APR, low fees compared to other cards, and an impressive ongoing rewards program. 

  • Sign-up Bonus: None
  • Annual Fee: This card has no annual fee. Its foreign transaction fee is 2.7%. Returned and late payments cost up to $39. 
  • Intro Purchase APR: 0% APR for 12 months on purchases, as well as balance transfers for 60 days.
  • Regular APR: Once the 0% APR ends after 12 months the regular variable APR ranges between 14.74% to 20.74%. 
  • This card has a Purchase Protection plan that reimburses you for items that you’ve purchased that are stolen, damaged, or lost within 90 days. 

This card is a great option for woodworkers, DIYers, and carpenters due to its low intro APR, low fees, and rewards program. Low intro APRs are always helpful because they allow a set amount of time to let the user figure out budgeting and financing which is always great. Its low fees will save money so the cardholder can focus on their expenses. Lastly, it’s rewards program allows the user to gain rewards that will help with their business like purchasing or upgrading tools.   

Chase Ink Business Cash Credit Card

Chase Ink Business Cash Credit Card: The Top 10 Business Credit Cards for Small Businesses

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The Ink Business Cash Credit Card is a popular business credit card. It has a generous cashback rewards program, a reasonable APR, and a nice sign-up bonus.

  • Sign-up Bonus: Earn $500 bonus cash when you spend at least $3,000 within 3 months of opening your account.
  • Annual Fee: This card has no annual fee and it has no foreign transaction fees.  
  • Intro Purchase APR: 0% APR for 12 months on purchases. 
  • Regular APR: Once the 0% APR ends after 12 months the regular variable APR ranges between 14.74% to 20.74%. 
  • Free employee cards

This card is a great option for woodworkers, DIYers, and carpenters due to its reasonable APR, sign up bonus, and rewards program. While it’s APR is not the lowest it is definitely a good option compared to other cards out there. It’s sign up bonus is helpful because it will give the cardholder’s business a jumpstart. Its rewards program will help with any future purchases that need to be made.   

The Hilton Honors American Express Business Card

The Hilton Honors America Express Business Card: The Top 10 Business Credit Cards for Small Businesses

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The Hilton Honors American Express Business Card is the best credit card for small business owners who travel a lot and prefer to stay at Hilton’s resorts and hotels. The Hilton Honors American Express Business Card also has a large initial rewards bonus. 

  • Sign-up Bonus: Earn 125,000 Hilton Honors Bonus Points after you spend at least $3,000 on qualifying purchases within 3 months of opening your account.
  • Annual Fee: $95. 
  • Intro Purchase APR: There is no intro purchase APR. 
  • Regular APR: The regular variable APR ranges between 17.24% – 26.24%. 
  • Earn Hilton Honors Bonus Points for each dollar you spend on eligible purchases with your card.

This card is a great option for woodworkers, DIYers, and carpenters who travel and frequently stay in Hilton hotels. Again, if traveling for events, conventions, or meetings and it is preferred to stay at Hilton hotels this is definitely a card to consider. This card has a great signup bonus and Hilton Honors Bonus Points with eligible purchases.    

Discover it Business Card

Dicover It Business Card: The Top 10 Business Credit Cards for Small Businesses

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The Discover it Business Card offers a decent cashback rate, is low cost, and a nice rewards system. Discover it Business can also help small businesses save on interest for a small period of time. 

  • Sign-up Bonus: Unlimited dollar-for-dollar match of all the cashback you earn at the end of your first year.
  • Annual Fee: This card has no annual fee and it has no foreign transaction fees.
  • Intro Purchase APR: 0% APR for 12 months on purchases. 
  • Regular APR: The regular variable APR ranges between 14.49% – 22.49%. 
  • Free employee cards with spending limits and you can earn rewards for all purchases employees make.

This card is a great option for woodworkers, DIYers, and carpenters due to its decent cashback rate, low cost, and rewards system. This card also saves on interest. Its cashback and low cost are great features that can help save money which can then be put back into the cardholder’s business. Its rewards system is also great because it will help with any future purchases that need to be made.  

American Express Business Gold Card

America Express Business Gold Card: The Top 10 Business Credit Cards for Small Businesses

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The American Express Business Gold has a high annual fee, a decent rewards program, and a nice sign-up bonus.

  • Sign-up Bonus: Earn 35,000 bonus membership rewards points when you spend at least $5,000 on qualifying purchases within 3 months of opening your account.
  • Annual Fee: This card has a $295 annual fee, but it has no foreign transaction fees.
  • Intro Purchase APR: There is no intro purchase APR.
  • Regular APR: The regular variable APR ranges from 15.74% to 23.74%. 
  • When you use points to book flights through certain airlines and through Amex Travel, you’ll get 25% points back.

This card is a great option for woodworkers, DIYers, and carpenters due to its sign up bonus and rewards program. It’s sign up bonus is helpful because it will give businesses a jumpstart. Its rewards program will help with any future purchases that need to be made. However, do keep in mind this card has a high annual fee which may not work for everyone. 

U.S. Bank Business Platinum Card

U.S Bank Business Platinum Card: The Top 10 Business Credit Cards for Small Businesses

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The U.S. Bank Business Platinum Card has a 0% APR promotion for balance transfers and purchases. If you’re looking for a card that has no annual fee to help pay down existing balances this is the card for you.

  • Sign-up Bonus: None
  • Annual Fee: There is no annual fee. Foreign transactions cost 3% of transaction amounts total.
  • Intro Purchase APR: 0% APR for 12 months.
  • Regular APR: The regular variable APR ranges from 11.74% to 19.74%. 
  • This card lets you manage your employees’ spending.

This card is a great option for woodworkers, DIYers, and carpenters who need help paying down existing balances. It has a 0% APR promotion for balance transfers and purchases and no annual fee. 

Bank of America Business Advantage Cash Rewards Credit Card

Bank of America Business Advantage Cash Rewards Credit Card: The Top 10 Business Credit Cards for Small Businesses

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The Bank of America Business Advantage Cash Rewards Credit Card is another card with no annual fees. This card can earn up to 3% cashback on certain purchases. 

  • Sign-up Bonus: Earn $300 in statement credit bonus when you spend at least $3,000 in net eligible purchases within the first 90 days of opening your account.
  • Annual Fee: There is no annual fee. Foreign transactions cost 3% of transaction amounts total.
  • Intro Purchase APR: 0% APR for the first 9 billing cycles.
  • Regular APR: The regular variable APR ranges from 13.74% to 23.74%. 
  • Offers cash flow management tools.

This card is a great option for woodworkers, DIYers, and carpenters due to it having no annual fees and its cashback program. The cardholder can earn up to 3% cashback on qualifying purchases.  

There are The Top 10 Business Credit Cards for Small Businesses! We hope that you were able to find a credit card that will work for you and your small business. If not, we hope that it at least guided you in the right direction. Do you have a favorite small business credit card from this list? Are you going to try any of these credit cards out? We would love to hear your thoughts, please feel free to leave a comment! Check out our other guides, The Top 8 Hardware Stores for Woodworkers and DIYers and The Top 10 Website Platforms for Woodworkers and Makers.

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