Top 3 Low Competition Business Credit Cards for Small Businesses
Discover the best low competition business credit cards for small businesses in this informative article. Learn which credit cards offer the best rewards and benefits for your company.
Top 3 Low Competition Business Credit Cards for Small Businesses
If you're a small business owner, you know just how important it is to have access to credit. You need it to cover costs, build your business, and take advantage of opportunities as they arise. Business credit cards can be an excellent way to get the financing you need, but with so many options out there it can be hard to know which one to choose. In this article, we'll take a look at the top 3 low competition business credit cards for small businesses.
1. Capital One Spark Classic for Business
The Capital One Spark Classic for Business is a great choice for small businesses looking for a low competition credit card. It's designed for businesses with average credit, so it's a good option if your credit score isn't perfect. The card offers 1% cash back on all purchases, with no limit on how much you can earn. It also comes with a number of perks, including fraud coverage, purchase protection, and extended warranty protection.
2. Wells Fargo Business Secured Credit Card
The Wells Fargo Business Secured Credit Card is another excellent option for small businesses. It's a secured credit card, which means you'll need to put down a deposit to get approved. However, this also means that you can get approved even if you have bad credit. The card offers 1.5% cash back on all purchases, and the rewards are unlimited. It also comes with a number of other benefits, including free employee cards and fraud protection.
3. American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card is a great choice for small businesses that want a low competition credit card with excellent rewards. The card offers 2% cash back on all purchases, up to $50,000 per year. After that, you'll earn 1% cash back on all purchases. It also comes with a number of other benefits, including free employee cards, purchase protection, and extended warranty coverage.
Conclusion
Choosing the right business credit card can be a daunting task, but with the right information, you can make an informed decision. The Capital One Spark Classic for Business, Wells Fargo Business Secured Credit Card, and American Express Blue Business Cash™ Card are all excellent options for small businesses. Take the time to compare these and other cards, and you'll be well on your way to finding the perfect credit card for your business needs.