{"id":147843,"date":"2025-02-03T14:30:23","date_gmt":"2025-02-03T14:30:23","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/02\/03\/how-to-pick-a-strategy-for-your-small-business-credit-cards-the-points-guy\/"},"modified":"2025-02-03T14:30:23","modified_gmt":"2025-02-03T14:30:23","slug":"how-to-pick-a-strategy-for-your-small-business-credit-cards-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/02\/03\/how-to-pick-a-strategy-for-your-small-business-credit-cards-the-points-guy\/","title":{"rendered":"How to pick a strategy for your small-business credit cards &#8211; The Points Guy"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Owning a <a href=\"https:\/\/thepointsguy.com\/credit-cards\/business\/\" target=\"_blank\" rel=\"noopener\">small business<\/a> can present lucrative opportunities for maximizing credit card rewards. It can also present unique challenges because much of the information surrounding travel credit cards is focused on personal options rather than those geared toward businesses.<\/p>\n<p>Let&#8217;s review 10 things you should consider as you build a strategy to maximize the rewards you can earn from your business spending.<\/p>\n<p><a id=\"look-at-where-your-business-spends-the-most\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Look at where your business spends the most<\/h2>\n<p>Before any other tip, you need a good understanding of your business&#8217; spending \u2014 not just how much you spend but where you spend it.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.640625%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2017\/08\/small-business-owner-cashback-business-cards.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">STEVECOLEIMAGES\/GETTY IMAGES<\/figcaption><\/figure>\n<p>Start by looking at your business spending and the relevant <a href=\"https:\/\/awardwallet.com\/en\/merchants\" rel=\"noopener\" target=\"_blank\">merchant category codes<\/a> to see where to maximize spending to earn more points or miles on every dollar you spend. Then, check the earnings from the credit card you&#8217;re currently using for business expenses; can another card do better?<\/p>\n<p>If your business spends a lot on shipping products, you want a card that earns extra points or miles here. If you own a restaurant and one of your biggest bills is on groceries, chances are that the best card for your business will be different.<\/p>\n<p>After analyzing where you spend the most, look for cards that earn bonus points or miles in these categories. You could even consider applying for the best card for each of your regular spending categories, as that will allow you to maximize all your transactions.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/credit-cards\/credit-card-rules-for-business-owners\/\" target=\"_blank\" rel=\"noopener\">Business credit card tips everyone should follow<\/a><\/strong><\/p>\n<p><a id=\"consider-whether-elite-status-matters-to-you\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Consider whether elite status matters to you<\/h2>\n<p>Spending your way toward elite status is possible in multiple airline and hotel loyalty programs. Depending on the program, you can boost your progress or spend your way toward status outright without ever leaving home.<\/p>\n<p>If you have a small business through which you can spend significantly on a cobranded credit card, this could be a great opportunity to gain elite status in a program you enjoy.<\/p>\n<div class=\"&#10;        EmailSignUp_container__qYzYT&#10;        undefined&#10;        EmailSignUp_isLoading__i_qm0&#10;      \"><picture class=\"EmailSignUp_graphic__zgpFm\"><source media=\"screen and (max-width: 767px)\" srcset=\"\/images\/EmailSignUp\/daily-mob.svg\"\/><img decoding=\"async\" alt=\"\" src=\"https:\/\/thepointsguy.com\/images\/EmailSignUp\/daily-dt.svg\"\/><\/picture>\n<div class=\"EmailSignUp_form__C8FWb\">\n<p>Daily Newsletter<\/p>\n<p>Reward your inbox with the TPG Daily newsletter<\/p>\n<p>Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n<\/div>\n<\/div>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Young-woman-on-her-smart-phone-at-home-while-holding-credit-card_-Pekic.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">PEKIC\/GETTY IMAGES<\/figcaption><\/figure>\n<p>As you evaluate this decision, consider what this status is worth to you and compare it to the sections above to ensure you&#8217;re earning the most rewards on each purchase. Everyone&#8217;s situation is different, so you must decide which is the most valuable option for your business&#8217; spending habits.<\/p>\n<p><a id=\"build-an-arsenal-of-cards-that-complement-each-other\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Build an arsenal of cards that complement each other<\/h2>\n<p>If your business spends broadly across numerous categories, then you should consider a card with bonus earnings in multiple categories that apply to your situation \u2014 or you could apply for multiple cards that complement one another.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:67.5%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/GettyImages-540194193-scaled.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">FAIRFAX MEDIA\/GETTY IMAGES<\/figcaption><\/figure>\n<p>If you spend across social media advertising, shipping, wireless services and other categories not all found on the same credit card, look for cards that earn well in those categories. Choose the card that earns the most rewards in that spending category and set it as your preferred payment method with the relevant vendor(s).<\/p>\n<p>Setting a preferred credit card for payment with different vendors can help you earn the maximum rewards on each purchase. It also avoids the situation where you or an employee can&#8217;t remember which card to use and choose the wrong one \u2014 possibly missing out on thousands of points or miles.<\/p>\n<p><a id=\"be-careful-with-business-spending-on-personal-cards\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Be careful with business spending on personal cards<\/h2>\n<p>Personal credit cards can have some excellent features: big sign-up bonuses, elite status with your preferred hotel or even extra rewards in a category where your business spends regularly. There&#8217;s nothing inherently wrong with using a personal credit card on these purchases.<\/p>\n<p>However, you should be wary of what a large balance on your card&#8217;s monthly statement can mean for your <a href=\"https:\/\/thepointsguy.com\/credit-cards\/how-credit-scores-work\/\" rel=\"noopener\" target=\"_blank\">credit score<\/a>.<\/p>\n<p>A full 30% of your credit score is based on your <a href=\"https:\/\/thepointsguy.com\/credit-cards\/credit-utilization-ratio-guide\/\" rel=\"noopener\" target=\"_blank\">credit utilization<\/a> \u2014 which reflects how much you owe compared to your total available line of credit. For example, if you have a single credit card with a limit of $10,000 and a balance of $1,000 on that card, then your utilization is 10%.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Man-on-telephone-while-looking-at-computer-and-holding-credit-card-at-home-office_-Rob-Lewine.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">ROB LEWINE\/GETTY IMAGES<\/figcaption><\/figure>\n<p>If you regularly put large business purchases on personal credit cards, those balances will reflect on your credit report and potentially drive your score down. However, most <a href=\"https:\/\/thepointsguy.com\/credit-cards\/business\/\" rel=\"noopener\" target=\"_blank\">business credit cards<\/a> won&#8217;t appear on your personal credit report, so large purchases on these cards shouldn&#8217;t affect your credit score.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/credit-cards\/business-credit-cards-that-affect-personal-credit\/\" rel=\"noopener\" target=\"_blank\">Do business credit cards impact my credit score?<\/a><\/strong><\/p>\n<p><a id=\"crunch-the-numbers-to-justify-an-annual-fee\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Crunch the numbers to justify an annual fee<\/h2>\n<p>Seeing cards with elevated earning rates is enticing. However, they usually come with a higher fee. Doing some math can help you find the best card for your business.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.66666666666666%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Person-holding-money-and-a-calculator.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">TONY KARUMBA\/AFP<\/figcaption><\/figure>\n<p>In short, you want to find the break-even point at which you earn enough extra points, miles or cash back to offset a card&#8217;s annual fee.<\/p>\n<p>The calculation works like this: Take the annual fee and divide it by the value of additional rewards per dollar spent (expressed as a decimal) to get the total spending needed to break even.<\/p>\n<p>You should follow this example when choosing between two credit cards and want to apply for just one. If one of the cards has a higher annual fee, evaluate how much you need to spend to earn rewards that offset that annual fee.<\/p>\n<p>If you don&#8217;t think you will meet that spending threshold, a card with a lower earning rate and a lower annual fee is best.<\/p>\n<p><a id=\"understand-the-rules-and-restrictions\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Understand the rules and restrictions<\/h2>\n<p>With personal credit cards, we are accustomed to seeing explicit rules like this:<\/p>\n<p>&#8220;You cannot earn a new cardmember bonus on this card if you have applied for or earned a bonus on this card in the past 24 months.&#8221;<\/p>\n<p>I can&#8217;t count how often people cite this rule for the <a href=\"https:\/\/thepointsguy.com\/credit-cards\/chase-ink-card-showdown\/\" rel=\"noopener\" target=\"_blank\">Chase Ink family of business credit cards<\/a>. However, there&#8217;s no such rule.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Pesron-using-computer-and-credit-card-at-home_Justin-Pagetjpg.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">JUSTIN PAGET\/GETTY IMAGES<\/figcaption><\/figure>\n<p>For business owners with multiple ventures, you may want to keep your spending separate, so having a different credit card for each one may make sense.<\/p>\n<p>There are obviously other <a href=\"https:\/\/thepointsguy.com\/credit-cards\/credit-card-application-restrictions\/\" rel=\"noopener\" target=\"_blank\">application rules<\/a> at play, but don&#8217;t be fooled by the common repetition of this nonexistent 24-month rule on Chase Ink credit cards.<\/p>\n<p><a id=\"go-for-big-bonuses-as-a-big-spender\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Go for big bonuses as a big spender<\/h2>\n<p>Different businesses spend different amounts of money. Not every business owner can meet the requirements for huge bonuses, and there&#8217;s nothing wrong with that. However, try to grab them when they roll around if doing so makes sense for your business.<\/p>\n<p>For example, the <span class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b\"><a href=\"https:\/\/thepointsguy.com\/apply-now\/capital-one-venture-x-business\/?tid=post\" rel=\"noreferrer noopener\" target=\"_blank\" class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b applyLink inherit\">Capital One Venture X Business<\/a><\/span> card offers 150,000 bonus miles after spending $30,000 in the first three months from account opening.<\/p>\n<p>However, not every small business can spend $30,000 in three months, leading some business owners to pass on offers like this one. If you&#8217;re fortunate enough to have a business with this kind of spending power, keep your eyes out for bonuses with big payouts after high spending.<\/p>\n<p>This also applies to banks that offer cash bonuses for new business checking accounts after completing certain activities. The more lucrative bonuses typically require more spending or larger deposits into the new account. If this applies to you, leverage your business&#8217; high spending power.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/news\/cards-with-100k-point-bonuses\/\" rel=\"noopener\" target=\"_blank\">Cards currently offering sign-up bonuses of 100,000 points or more<\/a><\/strong><\/p>\n<p><a id=\"use-the-right-card-for-large-purchases\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Use the right card for large purchases<\/h2>\n<p>While we spend a lot of time discussing using the <a href=\"https:\/\/thepointsguy.com\/credit-cards\/best\/\" target=\"_blank\" rel=\"noopener\">best credit card<\/a> across various categories to maximize spending categories, we don&#8217;t spend as much time discussing the fact that some credit cards offer bonus points or miles on large purchases.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-using-computer-at-home-while-holding-credit-card_FreshSplash.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">FRESHSPLASH\/GETTY IMAGES<\/figcaption><\/figure>\n<p>For instance, <span class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b\"><a href=\"https:\/\/thepointsguy.com\/apply-now\/the-enhanced-business-platinum-card-from-american-express-open\/?tid=post\" rel=\"noreferrer noopener\" target=\"_blank\" class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b applyLink inherit\">The Business Platinum Card\u00ae from American Express<\/a><\/span> offers 1.5 <a href=\"https:\/\/thepointsguy.com\/guide\/ultimate-guide-amex-membership-rewards\/\" rel=\"noopener\" target=\"_blank\">Membership Rewards<\/a> points per dollar spent on eligible purchases of $5,000 or more (on up to $2 million in purchases each calendar year and 1x on other purchases).<\/p>\n<p>Similarly, the <a href=\"https:\/\/thepointsguy.com\/apply-now\/ink-business-premier-credit-card\/?pid=8489&amp;tid=post\" rel=\"noopener\" target=\"_blank\">Ink Business Premier\u00ae Credit Card<\/a> offers unlimited 2% cash back on everyday spending, but that rate goes up to 2.5% on purchases of $5,000 or more.<\/p>\n<p>Aside from elevated earning rates on cards you already have, consider applying for a new credit card if your business has big spending on the horizon. That could be a great opportunity to meet the spending requirements for a new card welcome bonus, yielding more than 2% or 3% back on your spending.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/credit-cards\/best-cards-large-purchases\/\" rel=\"noopener\" target=\"_blank\">The top credit cards to maximize large purchases<\/a><\/strong><\/p>\n<p><a id=\"watch-for-bonuses-to-add-employee-cards\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Watch for bonuses to add employee cards<\/h2>\n<p>American Express routinely has offers to add authorized users on personal cards and employee cards on business accounts. Taking advantage of these offers can net hundreds of thousands of bonus points.<\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.68255481410867%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2020\/09\/start-up-small-home-based-business-culture-employee-with-diverse-real-women-woman_t20_Xv2K96.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">5BYSEVEN\/TWENTY20<\/figcaption><\/figure>\n<p>Just note that <a href=\"https:\/\/thepointsguy.com\/credit-cards\/corporate-credit-cards-explanation\/\" rel=\"noopener\" target=\"_blank\">there are limits<\/a> to how many employee cards you can add to an account, and not everyone is targeted for these offers. Additionally, there are usually spending requirements attached to these offers; these are usually per card, meaning you must meet the spending requirement on each individual employee card to earn the relevant bonus.<\/p>\n<p>Recently, we have also seen a big increase in welcome offers with bonuses for adding and using employee cards. You may see a welcome offer like &#8220;Earn X points after spending $5,000 in your first three months of card membership. Earn another X points when you add an employee card and spend at least $1,000 on it in the first three months.&#8221; These types of offers are targeted, so not everyone will see the same offers.<\/p>\n<p>If other employees make purchases for your business, adding them strategically can really boost your points and miles balances. Just remember that you&#8217;re still responsible for all spending on the account.<\/p>\n<p><a id=\"be-sure-to-use-your-cards-benefits\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Be sure to use your cards&#8217; benefits<\/h2>\n<p>This tip applies to all credit cards \u2014 business and personal. If your card has an annual fee and you aren&#8217;t using the perks and benefits, then you probably shouldn&#8217;t be paying that annual fee.<\/p>\n<p>Be sure to use benefits like the cellphone protection on the <a href=\"https:\/\/thepointsguy.com\/apply-now\/ink-business-preferred%e2%84%a0-credit-card\/?pid=221211974&amp;tid=post\" rel=\"noopener\" target=\"_blank\">Ink Business Preferred\u00ae Credit Card<\/a> and the up to $10 in monthly wireless statement credits from the <span class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b\"><a href=\"https:\/\/thepointsguy.com\/apply-now\/the-enhanced-business-platinum-card-from-american-express-open\/?tid=post\" rel=\"noreferrer noopener\" target=\"_blank\" class=\"jsx-eb69f9b09a3de1d0 jsx-eea0d1f218f5e80b applyLink inherit\">American Express Business Platinum Card<\/a><\/span>. The Amex Business Platinum also has <a href=\"https:\/\/thepointsguy.com\/credit-cards\/reviews\/amex-business-platinum-card-review\/\" rel=\"noopener\" target=\"_blank\">hundreds of dollars in annual credits<\/a> with Dell, Indeed and Adobe that you can use each year.*<\/p>\n<p><em>*Enrollment is required for select benefits. The Dell and Adobe credits on the Amex Business Platinum are set to expire June 30.<\/em><\/p>\n<figure class=\"jsx-1853040249 tpg-figure\">\n<div style=\"padding-top:0\" class=\"jsx-36530878 full-width-auto-height-image\"><span style=\"box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative\"><span style=\"box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%\"\/><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><noscript><img alt=\"\" loading=\"lazy\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" sizes=\"100vw\" srcset=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=640 640w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=750 750w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=828 828w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=1080 1080w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=1200 1200w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=1920 1920w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=2048 2048w, https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=3840 3840w\" src=\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2024\/04\/Person-siting-outside-at-cafe-with-coffee-making-online-purchases-with-credit-card_RgStudio-copy.jpg?width=3840\"\/><\/noscript><\/span><\/div><figcaption class=\"jsx-1853040249 figcaption\">RGSTUDIO\/GETTY IMAGES<\/figcaption><\/figure>\n<p>Look at your card&#8217;s benefits and ways to maximize them. If you can&#8217;t do that, look at the value you are getting out of these benefits to determine whether they offset the card&#8217;s annual fee (if there is one). If you aren&#8217;t getting more value than the annual fee and the rewards you&#8217;re earning from that card could be replicated with another card, you could probably close this credit card to save money each year.<\/p>\n<p><a id=\"bottom-line\" class=\"jsx-2362441780 anchor\"\/><\/p>\n<h2 class=\"jsx-2362441780\">Bottom line<\/h2>\n<p>Small-business owners are uniquely positioned to maximize points and miles earnings. Not every business spends the same amount of money, but these are the main elements you should consider as you build a credit card strategy to maximize your rewards.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/credit-cards\/choose-right-credit-card-for-your-business\/\" rel=\"noopener\" target=\"_blank\">How to choose the right credit card for your business expenses<\/a><\/strong><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/thepointsguy.com\/guide\/small-business-credit-card-strategy\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owning a small business can present lucrative opportunities for maximizing credit card rewards. It can also present unique challenges because much of the information surrounding travel credit cards is focused on personal options rather than those geared toward businesses. Let&#8217;s review 10 things you should consider as you build a strategy to maximize the rewards [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":147844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-147843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-travel"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/147843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=147843"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/147843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/147844"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=147843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=147843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=147843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}