Small Businesses Can Maximize Rewards with these 5 Business Credit Cards

KOLKATA, 10 MAR 2023 - For small businesses looking to finance their venture, a business credit card is an excellent option as it separates personal and business expenses, offers added rewards, and provides financial management benefits. These rewards not only promote the usage of the business credit card but also offer discounts, cashback, fuel waivers, among other incentives.

To cater to various needs and requirements, business credit cards come in a variety of options, offering unique features and benefits that distinguish one from another. According to analysts, small businesses would greatly benefit by exploring these five business credit card options that provide the best reward programs:

HDFC Business Moneyback Credit Card

The HDFC Business Moneyback credit card is designed with rewards and cashback offers in mind, providing extra points for online expenses. On every ₹ 150 spent on an online purchase, cardholders will receive 4 reward points.

In other notable features of the HDFC Business Moneyback credit card:

• Earn bonus reward points of up to 2,500 after spending Rs1.80 lakh in the anniversary year.
• Redeemable as cashback for any amount.
• Complimentary airport lounge entry across all participating domestic airports and international lounges.

Citi Corporate Credit Card

The Citibank Corporate credit card caters to businesses with a focus on exclusive benefits and rewards for business expenses. Key benefits of this card include:

– Earn 2 reward points for every ₹ 125 spent. - Enjoy up to 15 per cent discount at partner restaurants. - Get complimentary entry into domestic airport lounges. -Around 1 percent fuel surcharge waiver across all retail fuel outlets.

ICICI Bank Business Advantage Black Credit Card

Offering cashback on various business expenses, the ICICI Bank Business Advantage Black credit card is designed to cater to a wide range of needs. Key highlights include:

• For every domestic or international travel expense made by the cards owner (airlines, restaurants, etc.), they get 1% cashback. -A benefit offering up to ₹ 75 lakh insurance coverage for personal air accidents and death while traveling abroad
• A fuel surcharge waiver of 1 percent at HPCL outlets.

Yes Prosperity Business Credit Card

This credit card offers accelerated rewards with special features like:

• Earn 10,000 reward points after spending as little Rs30,000 within the first thirty days upon issue.
• Get up to ₹50lakh insurance coverage for flight accidents causing death while traveling and for urgent medical needs when traveling abroad.

Axis Bank My Business Credit Card

Key benefits of this business credit card include:

-A benefit offering up to 4 eDGE points on every transaction worth ₹200 by the end of the billing cycle, with an additional reward point for your very first online purchase. - Earn points on all your purchases and convert them into easy EMIs - Complimentary airport lounge access every three months. - 1% fuel surcharge across more than 1000 ATMs -A flexibility to withdraw up to 30% of the credit limit at over 1 million Visa-enabled ATMs.

Based on recent data, these cards provide excellent options for businesses trying to improve their spending strategy with added rewards.