/How to maximize credit card value and rewards for your business

How to maximize credit card value and rewards for your business


  • As a contract author and blogger, I exploit credit playing cards not solely to deal with incomes rewards, however to preserve my private and business bills separate.
  • The Chase Sapphire Reserve is one in all my favourite playing cards thanks to the actual fact you earn 3x factors on journey and eating and get entry to advantages like a $300 annual journey credit, airport lounge membership, and a credit for Global Entry or TSA Precheck.
  • We put most of our business bills on the Ink Business Preferred Credit Card, which supplies us 3X factors per greenback on the internet marketing and journey we do for our business (on the primary $150,000 in mixed purchases every account anniversary yr).
  • See Business Insider’s picks for the perfect rewards credit playing cards »

I have been knowledgeable freelance author for most of my grownup working profession, however that is not all I do. My husband and I even have our personal web site, which he runs full-time as his job. I additionally work with him on our web site all year long, serving to him write content material and run our social media from dwelling.

One of my favourite “tools” for our business and our lives is the credit playing cards we feature for ourselves and for business-related purchases. That’s a part of the explanation my husband and I incessantly have greater than 20 credit playing cards unfold throughout our private and business profiles. Different playing cards include totally different perks and rewards schemes, so it is smart for us to have multiple.

Here are all the most vital causes we use credit playing cards for our private and business bills, in addition to how we profit from them:

I preserve my private and business spending separate

For starters, credit playing cards make it exceptionally straightforward to preserve all our private and business spending separate. We have business credit playing cards we use to pay for the assorted bills required to run our web site in addition to purchases made for my freelance business (like a brand new laptop each few years), however we even have rewards credit playing cards we use for groceries, payments, and common ongoing bills.

It’s good to find a way to preserve our private and business spending separate, not solely for organizational functions for additionally for tax functions. We at all times use our business credit card for business bills, which helps us preserve monitor of which purchases are business-related to start with. Having a devoted business credit card additionally means we are able to log into our account and see all of our business purchases and bills in a single place.

I rack up a ton of rewards on business purchases

Now, for the good things. We have a number of totally different business credit playing cards, however we put the majority of our business-related purchases on our Ink Business Preferred card. This card provides you 3x factors on up to $150,000 spent in classes that embody journey, transport, cable, web, and telephone purchases, and internet marketing annually (then 1 level per $1). We additionally earn 1x factors on all different purchases. You can earn 80,000 factors if you spend $5,000 on your card inside three months as a brand new buyer with this card, and the annual charge is simply $95.

My husband and I do some internet marketing and journey for our business, and we love incomes 3x factors per $1 in these classes. We at all times pay our business credit card invoice in full as nicely, so we by no means, ever pay a dime in curiosity funds.

I earn rewards on common spending and payments

We additionally earn rewards on our common spending, and now we have a ton of various private credit playing cards we use on this effort. Some of my favourite credit playing cards embody the Chase Sapphire Reserve for journey and eating, the Chase Freedom for its quarterly 5% again classes (5% money again on the primary $1,500 in purchases every quarter you activate), and my Barclaycard Arrival Plus World Elite Mastercard.

I exploit totally different playing cards for several types of purchases so as to earn extra rewards over time, however I usually put all journey and eating and common purchases on my Chase Sapphire Reserve card since I value Chase Ultimate Rewards factors greater than rewards in different applications.

I additionally like the truth that Chase lets me mix all of the factors from my Chase playing cards into my Chase Sapphire Reserve account for superior journey redemptions. Unlike the Ink Business Preferred ,which supplies you 25% extra journey if you use factors to guide within the Chase portal, the Chase Sapphire Reserve card provides you 50% extra journey for free.

I make the most of vital journey perks and advantages

Having the fitting mixture of credit playing cards also can aid you profit from your journey expertise. For instance, I get complimentary major auto rental protection once I pay for rental vehicles with my Chase Sapphire Reserve card. I additionally use my Chase Sapphire Reserve for all our journey purchases since I get journey cancellation/interruption insurance coverage, baggage delay protection, misplaced baggage insurance coverage, and different vital advantages.

I additionally love having Priority Pass Select airport lounge membership, which I even have as a cardholder profit by two credit playing cards proper now — my Chase Sapphire Reserve and the Hilton Honors Aspire Card from American Express.

Finally, I’ve Global Entry, which additionally contains TSA Precheck. Both save me time and stress on the airport, which makes the journey expertise an entire lot higher.



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