5 Best MasterCards For Business
If you are a business owner or a business executive, you should learn about the 5 best MasterCards for business. These MasterCards fit a variety of needs depending on how large your business is and whether or not you travel. Check out these 5 best business MasterCards below.
- Citibusiness AAdvantage Mastercard. This is one of the best MasterCards for business travelers. You can earn up to 150,000 "AAdvantage" miles each year. There are no "blackout dates" on your awarded miles with many airlines either. Purchases made from your employee accounts are also eligible for AAdvantage miles and you can redeem them as soon as four months after becoming a card member. The Citibusiness Advantage MasterCard requires a $75.00 annual fee and has a 15.24% APR variable interest rate.
Quickbooks Business Mastercard. This is one of the best Mastercards for business owners of smaller enterprises. The Quickbooks MasterCard does not require an annual fee and the maximum Credit line is $50,000.00. You can also request multiple cards for employees at no extra charge. Automatically download your credit card transactions directly into your QuickBooks.
MasterCard Professional Credit Card. This MasterCard makes tracking and reporting expenses simple, making it another great example of the best MasterCards for business.. You can separate your business expenses from your personal expenses. Mastercard will also work with you and let you choose the billing cycle, billing structure and payment terms. If you or your employees travel for business, you will be eligible for insurance services such as "Medical Protection" which covers up to $2,500.00 per person, per trip for medical costs. The VAT (Value Added Tax) Reclaim Service from MasterCard provides companies doing business in Europe an easy and efficient way to reclaim their VAT.
World MasterCard for Business. The World MasterCard is one of the best MasterCards for businesses that are large and who need access to large sums of money. This MasterCard has no spending limit. The "Easy Savings" points system which allows you to be rewarded in cash and coupons for making certain purchases. The "Extended Warranty" program doubles the manufacturer's warranty time period. This is especially helpful is your are buying computers. You will also receive "Purchase Assurance" which means that is the product you buy is lost or stolen within 90 days of the purchase, MasterCard will refund your money.
PlatinumPlus for Business Mastercard. The Platinum Plus card features a 0% introductory APR. After the introductory period is over, you can expect between a 5.14% to 16.99% APR, depending on your credit. The PlatinumPlus MasterCard has an "employee misuse" insurance program, in case your employees decide to make an unauthorized purchase. You can also preset employee spending limits. This card has online reporting, making expenses easier to manage, and quarterly summaries. All of your payments will be applied first to your lower rate balances.