The Best Business Credit Card for Every Type of Spender

In this photo illustration credit debit cards are seen in Bristol, England on Nov. 3, 2017. Matt Cardy/Getty Images

With higher spending limits, multiple cards per account, and lucrative rewards, business credit cards can benefit your business tremendously. Yet there might not be one single card that meets all of your needs. That’s why you must consider your company’s spending habits before applying for a card. Depending on where you spend most of your money (travel, office supplies, gas, etc.), you’ll want a different type of card.

Here are the best business credit cards for different types of spenders:

O% intro APR business credit cards

A zero percent intro APR card will give you access to credit without having to pay any interest for a predetermined amount of time, usually between 12–18 months. These cards are best for the following situations:

• You want an affordable way to fund business operations. With a zero percent intro APR card, you can fund business operations without incurring interest charges.
• You want to consolidate debt. If you just need more time to pay off outstanding debt from credit cards, a zero percent intro APR card can give you the chance to avoid interest charges as you repay your debt. Simply transfer the outstanding balance to the card. (Keep in mind you’ll typically pay a balance transfer fee.)

These cards essentially give you a zero interest short-term loan, as long as you pay off your balance in full before the promotional period ends. If you don’t, chances are the interest rate will be fairly high. If you don’t think you can pay off your debt in the time allotted, you might want to transfer your balance to a low-interest credit card before the promo period is up or just get a card with a lower interest rate to begin with.