3 Reward Programs to Benefit From Your Business Travels – Guest Post
There was a time that only credit cards used for personal purchases would earn people rewards, but banks that issue corporate credit cards have begun to give business travelers the same options. These credit cards are offering businesses travel miles like they do for their other customers, and since business people are known to travel frequently, these travel miles will be very much appreciated.
1. Capital One Venture for Business Card
The Pros
Business owners as well as their employees often travel to conduct business. When these travels are paid for with a Capital One Venture for Business card with travel rewards, the business can benefit with:
- Double miles every time a purchase has been made,
- 5,000 bonus miles added each time an employee is given a card,
- 10,000 bonus miles added if the business cardholder spends $1,000 within a three month period,
- Redeem miles on any airline the business chooses,
- Businesses can earn as many miles as possible,
- The miles do not have an expiration date,
- Fees for the first year are waived,
- No fees for any purchases made with the card while in a foreign country and
- The best customer service.
The Cons
As far as can be seen with this card, there is only one con. To qualify for it, applicants must have the highest credit scores of at least 740.
How Travel Rewards Can Be Redeemed
With this particular business credit card, business owners have several options as to how they will spend their rewards. They may purchase airline tickets, receive cash or gift cards or choose the products the credit card company has to offer.
2. Business Platinum with Preferred no Hassle Miles from Capital One
The Pros
This card also offers business owners very attractive benefits for using the card: 1. Up until December of 2011, business owners can make purchases at a 0 percent APR, 2. They will not be charged an annual fee, 3. In the area that business owners spend the most money, they can earn three miles for every dollar spent, 4. One mile will be earned for every dollar spent on all the business’s other expenditures, 5. They are free to fly any airline of their choice, 6. They have the opportunity to earn as many miles as they can, 7. Their miles never expire, 8. They have the ability to place their own business’s logo on their credit cards.
The Cons
The credit score required for this card is even higher than for the previous; applicants must have exceptional credit with a score of 750 and above.
How to Redeem the Rewards
Redeeming their credit card rewards is just as easy as with their personal cards. They have the option of receiving travel tickets, opting to receive cash, receive merchandise or they can take their rewards in the form of gift cards.
3. American Express Business Gold Rewards Card
The Pros
This Rewards Card gives business owners considerable benefits: 1. Those who switch $50,000 of their business purchases to this card will receive 25,000 bonus points each year they have the card, 2. They have no limitations on the number of points they can earn, 3. The points never expire, 4. The annual fee is waived the first year.
The Cons
This card also does not present its owners with any negatives other than the fact that impeccable credit is required. 750 and above will help people qualify for this card.
How to Redeem the Rewards
Once enough points have been acquired, cardholders can redeem their airline privileges with any airline by booking their travel through American Express’s Open Travel website. If they are so inclined, they can also redeem their points at hotels and spas. The convenience of business credit cards for small businesses as well as medium and large-sized businesses makes acquiring them worth the time. The added bonus is the rewards that they can receive from them. Travel miles benefit those businesses that have reason to do a lot of traveling for business as well as pleasure, and most of the cards have travel-related rewards. The three choices in this article are a good beginning for any business seeking business credit.
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Ashley Renner is a freelance writer for a credit card comparison website called CreditCardChaser.com. When she isn’t helping people find the best credit card for their personal needs, you can see Ashley riding her jet-ski around her lake. She loves saving money and helping others save money!
