Introduction
Running a restaurant business can be challenging, especially when it comes to managing finances. One way to simplify your financial management is by using a business credit card specifically designed for restaurant owners. These cards offer unique benefits and rewards that can help you save money and earn valuable perks. In this article, we will explore some of the best business credit cards available for restaurant owners in 2023.
1. Chase Ink Business Preferred
The Chase Ink Business Preferred credit card is a popular choice among restaurant owners. It offers a generous sign-up bonus, flexible rewards program, and valuable travel benefits. With this card, you can earn bonus points on dining purchases, which can be redeemed for travel, cash back, or other rewards. The card also comes with travel and purchase protection, making it a great option for restaurant owners who frequently travel for business.
2. American Express Gold Business Card
The American Express Gold Business Card is another excellent choice for restaurant owners. This card offers a high earning potential on dining and other business expenses. It also comes with valuable travel benefits, such as airport lounge access and travel insurance. Additionally, cardholders can take advantage of the Membership Rewards program, which allows them to redeem points for various rewards, including travel, merchandise, and gift cards.
3. Capital One Spark Cash for Business
If you prefer a straightforward cash back rewards program, the Capital One Spark Cash for Business card is worth considering. This card offers unlimited 2% cash back on all purchases, including dining expenses. The cash back rewards can be redeemed at any time and have no expiration date. This card also comes with additional benefits, such as free employee cards and fraud protection.
4. CitiBusiness AAdvantage Platinum Select Mastercard
If you frequently travel with American Airlines, the CitiBusiness AAdvantage Platinum Select Mastercard is an excellent choice. This card offers generous rewards on restaurant purchases and American Airlines flights. Cardholders also enjoy benefits such as preferred boarding, free checked bags, and in-flight discounts. Additionally, the card comes with travel and purchase protection, making it ideal for restaurant owners who travel often.
5. Bank of America Business Advantage Cash Rewards
The Bank of America Business Advantage Cash Rewards credit card is a great option for small restaurant owners. This card offers cash back rewards on dining purchases, as well as other business expenses. Cardholders can choose their preferred category for earning cash back, and dining is one of the options available. The card also has no annual fee and offers a 0% introductory APR on purchases, making it a cost-effective choice for restaurant owners.
Conclusion
Choosing the right business credit card can significantly benefit restaurant owners, providing them with valuable rewards, benefits, and financial management tools. The Chase Ink Business Preferred, American Express Gold Business Card, Capital One Spark Cash for Business, CitiBusiness AAdvantage Platinum Select Mastercard, and Bank of America Business Advantage Cash Rewards are some of the best options available in 2023. Consider your specific needs and preferences to select the card that best suits your restaurant business.