Platinum BusinessCard with Unlimited Rewards
If you are a business owner, need to keep all your business expenses on a single card and plan to use the rewards offered by the card, then Platinum BusinessCard with Unlimited Rewards is a credit card for business you should consider using.
Quick facts:
- Our rating: A
- Interest rate: 0% on balance transfers for 15 months; 7.99% fixed APR thereafter
- Earning rewards: 1 point for each dollar spent
- Reward options: unlimited rewards
As part of the membership program, the cardholder can choose between two types of rewards: 5% cash back or travel rewards based on points.
Cash Back
The cardholder earns 5% cash back on qualifying net purchases of fuel (gas and diesel), computers, computer supplies, electronics, office supplies, utilities and telecommunications, and online advertising services. All other net purchases earn 1% cash back. As for the all other purchases, the percentage of cash back is based on a scale between 0.25% cash back on up to $3,000 in purchases and 1% on purchases over $15,000. At the end of a billing cycle, the cardholder earns a $50 check if their unpaid earned rewards reach $50. There isn’t any limit on the rewards that can be earned.
Points and Travel Rewards
The cardholder earns 1 points for each dollar spent on net purchases. The points can be redeemed for travel services, certificates and merchandise, as well as pre-paid bonus cards. There is no limit on the points which can be earned but the points will expire after 3 years.
The card doesn’t have an annual fee and the APR is 0% on balance transfers for 15 months, followed by a 7.99% fixed APR thereafter. The cash advance APR is 19.99%. Keep in mind that this low APR applies if the payments are up to date.
If you occasionally carry a balance on your card and plan to use the card for the discounts offered, then Platinum BusinessCard with Unlimited Rewards is the perfect choice. Make sure to review the terms and conditions before applying though.
If the Platinum BusinessCard with Unlimited Rewards isn’t the one for you, read about the many other many other options in both credit cards for business and airmile credit cards.