So your business is enjoying impressive growth, impressive revenue streams, and you have secured corporate status. At this point, you should start considering how to continue tapping into more growth while enjoying the perks of your company’s current position.
The company still has to continue operating, even the revenues are irregular, and this is why you should consider securing corporate credit cards for your employees. The credit cards will prove to be quite useful, especially if your employees travel a lot. Corporate credit cards allow cardholders to earn perks such as hotel points, travel rewards and cashback. Here are some of the corporate credit cards to consider.
Capital One Spark Cash for Business
It is one of the best cards to consider, especially if you want cash back cards that do not add other categories. This option is also ideal because it provides a highly competitive unlimited rate. The card also features sizable signup bonuses and zero fees for the first year.
Ink Business Cash Credit card
This is one of the best options for anyone that is looking for strong cashback options. The card offers a $750 cash back bonus for purchases above $7,500 in the first three months. It also features a 5% cashback for the first $25,000 that the cardholder spends on phone services, cable, internet and office supplies. They also get 2% cash back on restaurant and gas station purchases. The card is ideal for office operations.
Capital One Spark Miles For Business
This card is ideal for travel-related expenses. It is thus useful to a company whose employees travel a lot. Company employee can use the card to pay for hotel rooms and plane tickets. The miles accumulated will allow cardholders to secure discounted tickets.
United MileagePlus Explorer Business Card
It is a unique corporate card because it offers 2X miles for every dollar spent in various categories. For example, you get 2X miles for every dollar spent at restaurants, gas stations, United purchase, office supply stores, restaurants and gas stations. Cardholders also earn 1X for every $1 that they spend on any other purchase. There is a $95 fee, but it applies in the second year, which means there are no fees in the first year.
Radisson Rewards Business Visa® Card
It is an ideal option for companies, especially for cardholders that wish to rack up those rewards quickly. The card allows holders to attain the free hotel stays quickly. Cardholders also receive free Gold elite status.