Best business credit cards for trainers

As a trainer aiming to grow your business, choosing the best business credit cards can offer valuable rewards and perks to support your development.

What are the best business credit cards for trainers?

Selecting the right business credit card helps your training enterprise by simplifying expenses and maximizing rewards.

Ramp

Ramp delivers a unified financial platform designed for businesses that value efficiency and control. For trainers, Ramp simplifies expense management and provides insights into spending patterns.
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Key features include:
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• Integrated financial tools: Merge corporate cards, expense tracking, bill payments, and accounting tools into one platform.
• Automated processes: Save time by automating routine financial tasks, allowing you to focus on your clients.
• Real-time insights: Access up-to-date analytics to make informed financial decisions.
• Global acceptance: Operate internationally with support for over 40 currencies in 195 countries.
• Spending controls: Set spending limits and policies to manage expenses precisely.
• High user satisfaction: Trusted by thousands, Ramp boasts a 4.8-star rating from over 2,000 reviews.
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Ramp offers a comprehensive platform for trainers who want to manage their finances efficiently without using multiple tools.

Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card offers rewards on certain business expenses.
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• 3x points on travel, shipping, internet, cable, phone services, and advertising on social media/search engines (up to $150,000 per year).
• 100,000 bonus points after spending $15,000 in the first three months.
• Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards®.
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Some considerations include the high spending requirement for the welcome bonus and the annual fee.

Capital One Spark Cash Plus

Capital One Spark Cash Plus provides a cash back program with flat-rate returns on purchases.
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• Unlimited 2% cash back on every purchase.
• Opportunity to earn up to $2,000 in cash bonuses.
• $150 annual fee.
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It's important to note that the annual fee and the requirement to pay the balance in full each month might not suit all businesses. 

American Express Blue Business Cash™ Card

The American Express Blue Business Cash™ Card offers cash back rewards without an annual fee.
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• 2% cash back on all eligible purchases up to $50,000 per year, then 1% thereafter.
• 0% introductory APR on purchases.
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Some users consider the cap on higher-rate cash back earnings a limitation. 

Ink Business Unlimited® Credit Card

The Ink Business Unlimited® Credit Card provides cash back on purchases.
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• 1.5% cash back on every purchase.
• $900 bonus cash back after spending $6,000 in the first three months.
• No annual fee is charged.
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Some users feel the cash back rate is lower compared to other cards offering higher percentages. 

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At Ramp, transparency and integrity are core values guiding our content. We believe in the exceptional value of our products, which may shape our perspective. Our methodical approach involves competitor analysis, comparison of credit cards, and frequent reviews to maintain reliability. Review our full methodology for choosing the best business credit cards.

How to choose the best credit card for trainers?

Know the answers to these questions to make the right choice:

What are the common expenses for trainers that should be considered when choosing a credit card?

As a trainer, your expenses may include fitness equipment purchases, gym memberships, continuing education courses, travel costs for client sessions, marketing and advertising expenditures, and insurance fees. Recognizing these costs allows you to select a credit card that offers rewards or cash back in these categories, maximizing your benefits.

How can the right rewards program benefit a trainer's business?

The right rewards program can offset significant business expenses. For example, if you frequently invest in advertising, a card that offers higher cash back on marketing spends can reduce your costs. Similarly, travel rewards are beneficial if you attend out-of-town seminars or visit clients, helping you save on flights and accommodations.

Why is it important for trainers to be mindful of interest rates and annual fees?

Trainers often have variable income streams, so high interest rates can significantly impact profitability if balances are not paid in full each month. Annual fees add to operational costs. Selecting a card with low or no annual fees and competitive interest rates helps maintain financial health and allows more funds to be invested back into your business.

How does the choice of credit card issuer affect a trainer's financial security?

A reputable issuer provides robust fraud protection, minimizing the risk of unauthorized charges affecting your business. Good customer service ensures timely assistance when issues arise. Additionally, established issuers can help build your business credit score, potentially qualifying you for better financing options in the future.

What flexible features should trainers look for in a credit card?

Trainers should consider cards that offer expense tracking apps, integration with accounting software, and mobile account management to keep finances organized on the go. If you have staff or plan to hire assistants, look for cards that provide employee cards with set spending limits. Flexibility in credit limits can also help accommodate large purchases, such as new equipment or facility rentals.

How to maximize rewards

Using your business credit card wisely can improve your financial management and provide rewards. Here are strategies to help you make the most of your card's benefits.

Choose a card that aligns with your spending

Select a credit card that matches your typical business expenses. For example, if you frequently travel for work, a card with travel rewards may be beneficial.

Use your card for all eligible business expenses

Maximize rewards by using your credit card for eligible business transactions, including equipment purchases, marketing expenses, and utilities.

Capitalize on sign-up bonuses

Some cards offer sign-up bonuses when you meet minimum spending requirements within a set timeframe. Planning significant purchases to align with these offers can enhance rewards.

Pay your balance in full each month

Avoid interest charges by settling your balance monthly. This helps maintain the benefits of your rewards without incurring extra costs.

Take advantage of introductory offers

Some credit cards offer introductory 0% APR periods or enhanced rewards during the initial months. Utilizing these promotions for large expenses can be advantageous.

Utilize additional perks and benefits

Credit cards may offer perks like purchase protection, extended warranties, or discounts on services. Using these features can add value to your card.

Track your expenses and rewards

Monitoring your spending and the rewards you earn helps optimize benefits. Financial management tools or apps can assist in tracking transactions.

Take control of your financial future with Ramp

As a trainer focused on success, managing your finances efficiently is crucial. Ramp provides a streamlined solution that helps you take full control of your financial future. With its comprehensive platform, you can simplify financial processes and concentrate on growing your training business.

Advance your business—request a demo or sign up with Ramp today.