A business credit card is convenient for small businesses to finance their venture. This card is specifically designed for businesses, suiting its various needs and requirements. When compared to a personal credit card, a business credit card helps to separate your personal and business expenses. Moreover, some business credit cards offer added rewards too.
Why are rewards essential for small businesses?
Business cards offer rewards to promote their usage for your venture. The rewards can include discounts, offers, cashback, fuel waivers, etc. These rewards act as an incentive to your business expenses and to get the potential from every transaction.
Check out these five credit card options offering the best reward programs.
- HDFC Business Moneyback credit card
The HDFC Business Moneyback credit card is designed to offer its users rewards and cashback offers. This card provides extra reward points for online expenses.
2. Citi Corporate credit card
Citibank Corporate credit card caters to businesses by providing exclusive benefits and rewards for business expenses. It aims to manage expenses of businesses and its employees.
3. ICICI Bank Business Advantage Black credit card
This business credit card by ICICI Bank provides cashback on business expenses such as renting cars, 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 day to day expenses of businesses.
In conclusion, rewards programs act as an incentive for small businesses to use their credit cards often. These rewards may help you get the maximum potential out of every purchase you make.
However, along with the rewards, keep in mind various fees, interest rates, the process to redeem reward points and related information to use your business credit card strategically.
Disclaimer: Credit card features keep changing with time. The specific offerings mentioned here, although valid at the time of writing this article, may not be active anymore. Readers are advised to check the relevant bank’s website for the latest updates.
