1.Marriott Bonvoy® Business American Express®* Card
American Express
- 6%Points on Marriott stays
- 4%Points on dining, gas, shipping, and wireless
- 2%Points on other purchases
Earn 80,000 points after you spend $10,000 on your Card in your first 6 months as a new Marriott Bonvoy® Business American Express®* Cardmember.
Earn 6X points on Marriott stays, 4X on dining/gas/shipping/wireless, and 2X on other purchases.
The Marriott Bonvoy® Business American Express®* Card stands out as the top choice because it offers a substantial welcome bonus of 80,000 points, which can significantly enhance your travel rewards. With 6X points on Marriott stays and additional perks like automatic Gold Elite status, this card is designed for frequent travelers looking to maximize their benefits.
Pros:
- Generous welcome bonus
- Automatic Marriott Gold Elite status
Cons:
- High spending requirement for bonus
- Annual fee applies
2.American Express Business Edge Card
American Express
- 3%Points on essential business purchases
- 1%Points on all other spending
Earn up to 67,000 to 77,000 Membership Rewards points as a welcome bonus.
Earn 3X points on essential business purchases and 1X on all other spending.
What sets the American Express Business Edge Card apart is its ability to earn 3X points on essential business purchases, making it an excellent choice for small business owners. With a low annual fee and the potential for significant rewards, this card is tailored for those who frequently spend on business essentials.
Pros:
- High rewards on business essentials
- Annual statement credits available
Cons:
- Limited time for applications
- Lower rewards on non-business purchases
- 4%Points on gas, office supplies, and telecom
- 1.5%Points on all other purchases
Earn up to 100,000 bonus BMO Rewards points in the first year.
Earn 4X points on gas, office supplies, and telecom, and 1.5X on everything else.
The BMO Ascend World Elite Business Mastercard shines for its robust rewards structure, offering 4X points on key business expenses. With a welcome bonus of up to 100,000 points and premium benefits, this card is ideal for businesses with significant spending in travel and office supplies.
Pros:
- High rewards on business expenses
- Comprehensive travel insurance
Cons:
- Annual fee applies
- High spending requirement for bonus
- 1.25%Avion points on net purchases
- 1%Points on all other purchases
Earn 35,000 Avion points upon approval.
Earn 1.25 Avion points for every $1 spent on the first $75,000 in annual net purchases.
The RBC Avion Visa Infinite Business card is a premium travel rewards card that offers 1.25 Avion points per dollar spent, making it a strong contender for business owners who travel frequently. With a substantial welcome bonus and comprehensive insurance, it provides excellent value for those looking to maximize their rewards.
Pros:
- High value points
- Comprehensive insurance coverage
Cons:
- High annual fee
- Limited bonus points on spending
5.Scotiabank Passport Visa Infinite Business Card
Scotiabank
- 1.5%Scene+ points on all purchases
Earn up to 40,000 bonus Scene+ points in the first year.
Earn 1.5 Scene+ points per $1 on eligible business purchases.
The Scotiabank Passport Visa Infinite Business Card is particularly valued for its no foreign transaction fees and a solid earning rate of 1.5 points on all purchases. With a welcome bonus of up to 40,000 points, it is an excellent choice for businesses engaged in international transactions.
Pros:
- No foreign transaction fees
- Comprehensive travel insurance
Cons:
- High annual fee
- Limited bonus points on spending
- 5%Points on travel via their portal
- 3%Points on dining and foreign transactions
- 1.5%Points on all other purchases
Earn 25,000 points after spending $5,000 in the first 30 days.
Earn 5x points on travel, 3x on dining/foreign transactions, and 1.5x on all other purchases.
The Keep Business Credit Card is designed for Canadian businesses looking to maximize rewards without incurring annual fees. With a unique rewards structure that offers up to 5x points on travel, it provides a compelling option for businesses focused on expense management and rewards accumulation.
Pros:
- No annual fee
- High rewards on travel and dining
Cons:
- Limited information available
- Newer card with less established reputation
Final Words
As you consider the best business credit cards available this March, remember to evaluate your spending habits and financial needs. Take time to compare the options presented and choose a card that aligns with your business goals, ensuring you make an informed decision that maximizes your benefits.
Frequently Asked Questions
With the Marriott Bonvoy® Business American Express® Card, you can earn 80,000 points after you spend $10,000 on your Card in your first 6 months as a new cardmember. Additionally, you earn 6X points on Marriott stays, 4X on dining, gas, shipping, and wireless, and 2X on other purchases.
The American Express Business Edge Card offers a welcome bonus of up to 67,000 to 77,000 Membership Rewards points. You can earn 3X points on essential business purchases and 1X on all other spending, making it a great option for small business owners.
The BMO Ascend World Elite Business Mastercard provides a welcome bonus of up to 100,000 bonus BMO Rewards points in the first year. You can earn 4X points on gas, office supplies, and telecom, and 1.5X on all other purchases, making it ideal for businesses with varied expenses.
When choosing a business credit card, consider factors like the annual fee, reward rates, and additional benefits such as travel insurance or expense tracking tools. It's also important to evaluate your business spending patterns to select a card that maximizes your rewards.
Yes, most business credit cards require applicants to have a registered business, a good credit score, and a stable income. Some cards may also ask for documentation regarding your business structure and financials.
Business credit card reward programs usually allow you to earn points or cashback on eligible purchases. The rewards can vary based on spending categories, so understanding how your business spends can help maximize your benefits.
Common fees for business credit cards include annual fees, late payment fees, and foreign transaction fees. It's essential to read the card's terms and conditions to understand all potential costs.
