A business credit card is useful for small businesses to finance their business. This card is specially designed for businesses and meets different needs and requirements. Compared to a personal credit card, a business credit card helps separate your personal and business expenses. Additionally, some business credit cards also offer additional rewards.
Why are rewards essential for small businesses?
Business cards offer rewards to promote their use for your business. The rewards can include discounts, offers, cashback, fuel waivers, etc. These rewards act as an incentive for your business spending and to get the potential out of every transaction.
Check out these five credit card options with the best rewards programs.
- HDFC Business Moneyback Credit Card
The HDFC Business Moneyback Credit Card is designed to provide rewards and cashback offers to its users. This card provides extra savings points for online spending.
2. Citi Corporate Credit Card
The Citibank Corporate Credit Card targets businesses by offering exclusive benefits and rewards for business spending. It aims to control the expenditure of companies and its employees.
3. ICICI Bank Business Advantage Black Credit Card
This business credit card from ICICI Bank offers cashback on business expenses such as car rental, travel and professional services.
The Yes Prosperity Business Credit Card is designed for businesses to manage their finances and expenses. This also provides accelerated rewards.
The Axis Bank My Business Credit Card is designed to manage the day-to-day expenses of businesses.
In short, rewards programs act as an incentive for small businesses to use their credit cards often. These rewards can help you get the most out of every purchase.
However, in addition to the rewards, keep in mind various fees, interest rates, the reward point redemption process, and related information to use your business credit card strategically.
Disclaimer: Credit card features continue to change over time. The specific offers mentioned here, while valid at the time of writing this article, may no longer be active. Readers are advised to check the respective bank’s website for the latest updates.
