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Small-business credit card comparison chart

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Credit cards are one of the biggest sources of financing for small-business owners, with 37 percent of small businesses having used credit cards in the past 12 months to help finance capital needs, according to the National Small Business Association's 2012 Survey of Small and Mid-Sized Businesses. And of all types of loan sources for capital financing, credit cards top the list.

Here's a list of some of the top available business credit cards from American Express, Bank of America, Capital One, Chase, Citi, Discover and Wells Fargo, including information on annual fees, interest rates and available rewards*:

Credit card Annual fee APR** Rewards
American Express Business Platinum Card (charge card)
$450 N/A; charges due in full each month Up to $200 in airline fee credits per year; 1 point per dollar for eligible purchases..  
American Express Business Gold Rewards Card (charge card)
None the first year; $175 thereafter N/A; charges due in full each month 3 points per dollar on airfare.
American Express Business Green Rewards Card (charge card)
None the first year; $95 thereafter N/A; charges due in full each month 1 point for every dollar spent on eligible purchases; book flights on any airline without blackout dates or seat restrictions.
American Express Enhanced Plum Card (charge card)
None the first year; $250 thereafter NA; charges due in full each month Cardholders get 1.5% discount for paying early or up to 60 days to pay without interest, or both each month.
American Express Blue for Business Credit Card
None 0 percent intro; after 6 or 12 months, 11.24% to 19.24% 10,000 points after first purchase; 30% more points each year based on the past year's purchases.
American Express Simply Cash Business Credit Card
None 0 percent for 6, 9, or 12 months; then 12.24% to 19.24% 5% cash back at office supply stores; 5% cash back on wireless phone services; 3% cash back on gasoline.
Bank of America Cash Rewards for Business MasterCard
None 0 percent for first 9 months; 11.24% to 21.24% thereafter
1% cash back on purchases, 2% cash back on purchases at restaurants and 3% cash back on purchases at gas stations and office supply stores.
Bank of America Worldpoints Travel Rewards for Business Visa Card None 0 percent for the first 9 months; 11.24% to 21.24% thereafter Earn 1.5 WorldPoints rewards points for every $1 in purchases; Earn 3 points for every $1 spent for travel booked through Bank of America's Travel Center; Earn 5,000 bonus points after first purchase.
Bank of America Business Preferred World MasterCard (charge card)
$125 NA; charges due in full each month Earn 10,000 Bonus Points after the first purchase, double rewards points on airline and hotel purchases for the first year and 10,000 anniversary points each year.
Capital One Spark Select
None 0 percent for 9 months; 9.9% to 19.9% thereafter
Earn 1 mile per dollar spent on all purchases; redeem miles with any airline and enjoy no blackout dates or seat restrictions. Cardholders also have access to discounts at select restaurants around the world, travel and emergency assistance and car rental insurance.
Capital One Cash Select
 None 0 percent for 6 months; 14.9% to 19.9% thereafter Earn 1% cash back on every purchase, plus 50 percent annual cash-back bonus on the total amount earned. Cardholders also have access to discounts at select restaurants around the world, travel and emergency assistance and car rental insurance.  
Capital One Spark Miles
None for the first year; $59 thereafter 13.9% Earn 2 miles on every purchase; redeem miles with any airline and enjoy no blackout dates or seat restrictions. Cardholders also have access to discounts at select restaurants around the world, travel and emergency assistance and car rental insurance. 
Chase Ink Cash
None 0% for 6 months; 13.24% thereafter
Earn 5% cash back on the first $25,000 spent annually at office supply stores, and on phone, Internet and cable TV services. Earn 2% cash back on the first $25,000 spent annually at gas stations and restaurants.
Chase Ink Classic None 0% for 6 months; 13.24% thereafter Earn 5 points per dollar spent on the first $25,000 spent annually at office supply stores, and on phone, Internet and cable TV services. Earn 2 points per dollar spent annually at gas stations and for hotel accomodations. 
Chase Ink Bold (charge card)
None for the first year; $95 thereafter
NA; charges due in full each month
Earn 5 points per dollar on the firs t $50,000 spent annually at office supply stores, and on phone, Internet and cable TV services. Earn 2 points per dollar on the first $50,000 spent annually at gas stations and for hotel accommodations. 
Chase Ink Plus (charge card with pay-over-time option)
$0 annual fee the first year; $95 thereafter 0% for six months; 13.24% afterward
Earn 50,000 bonus points after $5,000 spend in first three months. Earn 5 points per dollar on the firs t $50,000 spent annually at office supply stores, and on phone, Internet and cable TV services. Earn 2 points per dollar on the first $50,000 spent annually at gas stations and for hotel accommodations.
CitiBusiness ThankYou Card
None 0 percent for six months; 13.24% afterward Earn 15,000 bonus ThankYou points after you spend $3,000 in three months; 3 points for every $1 spent.
CitiBusiness/AAdvantage World MasterCard
$0 the first year; $95 thereafter 15.24% Earn 30,000 American Airlines AAdvantage bonus miles after $1,000 in purchases in first three months; priority boarding; first checked bag free.
Citi AT&T Universal Business Rewards Card None 0% for six months; 14.24% afterward Earn 5 ThankYou points for every $1 spent on eligible products and services from AT&T; 3 points for every $1 spent at select office supply stores.
Discover Business Card
None 0% intro rate until Aug. 1, 2013; 12.99% to 19.99% thereafter 5% cash back on first $2,000 in office supplies; 2% cash back on first $2,000 in gas purchases each year.
Discover Business Miles Card
None 0% intro rate until Aug. 1, 2013; 12.99% to 19.99% thereafter Double miles on gas and travel purchases; 1 mile for every $1 spent on other purchases.
Wells Fargo Business Platinum Credit Card
None Prime + 5.99% to Prime + 14.99% (depending on credit evaluation) Business Card Rewards Membership Fee $50. For every dollar, earn one point or 1% cash rewards credited to your Wells Fargo business credit card account or business checking account each quarter.
Wells Fargo Business Elite Card
None Prime + 5.99% to prime + 14.99% (depending on credit evaluation) Business Card Rewards Membership Fee $50. For every dollar, earn one point or 1%  cash rewards credited to your Wells Fargo business credit card account or business checking account each quarter.
* All terms and conditions are subject to change by issuer. Current as of Feb. 11, 2013. **Annual percentage rates (APR) are typically variable and subject to change by credit card issuer. Many are based on a formula that includes the prime rate plus a fixed rate set by the issuer.

See related: Used wisely, small business cards can keep business afloat, How to find the best business card for your business, Leftover business air miles: Can I use them?, How business cards can impact your bottom line, Financing your small business with plastic: A capital idea?

Updated: February 13, 2013


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Credit Card Rate Report

Updated: 07-25-2014

National Average 15.03%
Low Interest 10.37%
Balance Transfer 12.64%
Business 12.80%
Student 13.27%
Cash Back 14.91%
Reward 15.00%
Airline 15.46%
Bad Credit 22.73%
Instant Approval 28.00%

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