Best High Cap Business Credit Cards of 2022 – Forbes Advisor

The Ink Business Preferred® credit card ranks at the top of our list of best business credit cards due to its stellar rewards system and travel benefits, but the card has a minimum credit limit of $5,000, which means small business owners approved for this card will have decent credit. limit even if only the minimum is granted.

Awards: 3 points per dollar on the first $150,000 spent on travel and certain business categories in each account anniversary year. Earn 1 point per dollar on all other purchases

Welcome offer: 100,000 points after spending $15,000 on purchases within the first 3 months of account opening.

Annual fees: $95

Other advantages and disadvantages: The Ink Business Preferred® credit card earns Chase Ultimate Rewards points, which are valuable for their flexibility and high cashback values. Points can be redeemed directly for travel at 1.25 cents per point through Chase Travel, but also transferred at a 1:1 rate to a wide range of other loyalty programs, including United Airlines, Air Canada, Southwest and Hyatt. Points can also be combined with personal points, which means that existing Chase credit card customers (for whom this benefit alone makes this card a winner) can benefit from all expenses charged by credit card .

The card also offers great benefits such as cell phone insurance (three claims of $600 each per year with a $25 deductible), trip cancellation and interruption insurance, primary car rental insurance when a car rental is used for business purposes (secondary if for personal reasons) as well as extended warranty coverage and purchase protection.

Read our Ink Business Preferred® Credit Card to learn more.

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