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If your business involves travel, the best card for you may be a card that awards you in frequent flyer miles or allows you to accumulate points that can be redeemed towards free travel.
The frequent flyer miles you accumulate on your business expenditures can be leveraged to save a lot of cash if you use them to upgrade a coach ticket to business or first class. These miles can also be extremely useful if your business entails unanticipated travel, since late bookings are often at exorbitant rates. Your accumulated miles might help you avoid this high cost; you will often be able to book a last-minute ticket using your miles. Also, some routes are more expensive than others, and accumulated miles can save the day here as well.
Many of these cards also award you double miles on certain purchases, such as those made on wireless phone bill payments, in office supply stores, car rental agencies, gas stations and home improvement and hardware stores.
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VIEW RELATED STORIESBusiness Credit Cards can be Rewarding but Risky - Business credit cards have unique perks for employees and business owners alike. Yet while there are many reasons to open an account, there can be substantial risks involvedPayments Industry Braces Itself for Big Changes - The payments industry is going through some growing pains. CreditCardGuide's Marcia Frellick reports on a press conference call in which industry leaders discussed some of the biggest changes -- and challenges -- that lie ahead Should You Use Business Credit Cards as Capital? - If you need a cash infusion for your business, a promotional offer, such as a 0 percent balance transfer on a business credit card, may seem like a tempting option. But before jumping in, take a careful look at your business to make sure it is a good fit, say experts. |
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