AUSTIN, Texas, Sept. 15, 2016 /PRNewswire/ -- Capital One Spark Cash for Business is the best business credit card, according to CreditCards.com. Its lucrative cash-back program, affordable credit terms and generous sign-up bonus all contributed to its best-in-class ranking. Click here for more information:
Judges loved the simplicity of the Spark Cash card's rewards program, which gives cardholders 2% cash back on every purchase. Unlike some other business credit cards that only offer bonus rewards on certain types of purchases, cardholders don't have to strategically align their spending -- a big perk for time-strapped business owners.
"Spark Cash for Business keeps it simple, and that's perfect for busy businesspeople," said CreditCards.com senior industry analyst Matt Schulz. Business owners "don't want to hassle with transferring miles and chasing bonus categories. They just want a good, straightforward cash-back rate with low fees."
The panel also liked that the Spark Cash card includes a number of wallet-friendly perks, such as no foreign transaction fees and a $500 sign-up bonus when users spend $4,500 in the card's first three months. In addition, the Spark card helps take the headache out of business trips with car rental insurance and emergency assistance.
Chase Ink Plus placed second thanks to its 60,000-point sign-up bonus and generous 5 points per dollar spent on common business expenses, such as office supplies and Internet access. The Starwood American Express card finished No. 3; it offers travel benefits such as free hotel Internet access, premium travel insurance and no foreign transaction fees.
To help choose the best business credit cards, CreditCards.com consulted business and personal finance experts and nominated three finalists. A panel of five judges – including three independent experts and two members of the CreditCards.com staff – separately evaluated the three finalists and ranked them in order of preference. The card with the best average rank was chosen as the winner.
CreditCards.com is a leading online credit card marketplace, bringing consumers and credit card issuers together. At its free website, consumers can compare hundreds of credit card offers from America's leading issuers and banks and apply securely, online. CreditCards.com is also a destination site for consumers wanting to learn more about credit cards. Offering advice, news, features, statistics and tools, CreditCards.com helps consumers make smart choices about credit cards. In 2015, over 27 million unique visitors used CreditCards.com to find the right credit card to suit their needs.
For More Information:
Public Relations Director