December 4, 2023

The 3 Most Lucrative Business Credit Card Offers for Freelancers

How does a $750 cash bonus sound? It’s time to start earning big on your…

The 3 Most Lucrative Business Credit Card Offers for Freelancers

How does a $750 cash bonus sound?

It’s time to start earning big on your business expenses. Whether you’re a small business owner or a gig worker, if you’re self-employed, you might be eligible for a business credit card that comes with a huge welcome bonus and valuable perks. Plus, having a solid business credit card makes it easier to separate your finances and build business credit.

From VIP travel credit cards to no annual fee cash back cards, these are the best business credit card offers for freelancers right now.

1. Business Platinum Card® from American Express

The Amex Business Platinum has long been one of the best premium travel credit cards for freelancers and small business owners. This card gives you access to a long list of VIP perks, including complimentary airport lounge access, elite hotel status, travel insurance, and more. Plus, the current welcome bonus of 85,000 Membership Rewards® points if you spend $15,000 in the first three months is one of the most generous we’ve seen. When spent on travel, this could net you $850 or more.

Even if you’re not spending a lot on travel right now because of the pandemic, the Amex Business Platinum has you covered. From now until June 30, 2021, you’ll earn 5x points on wireless, shipping, advertising, gas, and office supplies with a cap of 80,000 points per category. If you spend a lot on business-related purchases, you could stockpile these valuable Amex points pretty quickly if you act fast.

2. The Blue Business® Plus Credit Card from American Express

If you prefer to avoid annual fees and earn points over cash back, the Blue Business Plus is about as good as it gets. You’ll earn 2x Membership Rewards® points on all purchases with a $50,000 annual cap (after that you earn 1x point per $1). You’ll also get a 0{d54a1665abf9e9c0a672e4d38f9dfbddcef0b06673b320158dd31c640423e2e5} intro APR on purchases for the first 12 months, which is helpful if you want to finance a purchase you know you can pay off within a year.

For extra earnings, you can now earn up to $250 back in your first few months of using this card. From now until June 30, 2021, you’ll get $25 back each time you complete a transaction of more than $500, up to ten times.

3. Chase Ink Business Cash® Card

Whether you prefer cash back or travel points, the Chase Ink Business Cash is an extremely valuable and versatile business credit card. There’s no annual fee, and you’ll get a whopping 5{d54a1665abf9e9c0a672e4d38f9dfbddcef0b06673b320158dd31c640423e2e5} back at office supply stores and on internet, cable, and phone services with a $25,000 annual spending cap. You’ll also get 2{d54a1665abf9e9c0a672e4d38f9dfbddcef0b06673b320158dd31c640423e2e5} back on the first $25,000 you spend annually at gas stations and restaurants. Plus, the current welcome bonus will get you a $750 cash bonus if you spend $7,500 in the first three months — this is virtually unheard of for a credit card with no annual fee.

This card earns cash back by default. However, if your card is a part of the Ultimate Rewards program, like the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®, you can convert your cash back to Ultimate Rewards points at a rate of 1 point per 1 cent earned. This can net you even more value. For example, if you have the Chase Sapphire Reserve®, you get 1.5 cents per point, making the welcome bonus worth $1,125 in travel spending.

Whether you opt for a premium business credit card that’s packed with perks or a basic cash back business card, you’re going to earn big as long as you pick a card that aligns with your spending habits.