Best 0% APR Business Credit Cards
Are you looking for a way to finance your business expenses without paying interest? A 0% APR business credit card might be the perfect solution for you. These cards offer a promotional period during which you can make purchases without accruing interest charges. This can be a great way to save money on your business expenses, especially if you need to make a large purchase or are planning a major renovation.
However, it's crucial to understand that 0% APR periods are temporary. After the promotional period ends, the regular APR will apply, which can be significantly higher. Therefore, it's essential to carefully consider your financial needs and repayment plan before applying for a 0% APR business credit card.
Here are some of the best 0% APR business credit cards available:
1. U.S. Bank Business Leverage Visa Signature Card
- 0% APR on purchases for 12 months.
- Annual Fee: $95, waived the first year
- Rewards: 1.5 points per $1 spent on purchases, redeemable for cash back, travel, and gift cards.
- Benefits: Access to U.S. Bank's travel portal, extended warranty protection, and purchase protection.
2. Chase Ink Business Preferred Credit Card
- 0% APR on purchases for 12 months.
- Annual Fee: $95
- Rewards: 3 points per $1 spent on travel and dining, 1 point per $1 spent on all other purchases.
- Benefits: Travel insurance, purchase protection, and access to the Chase Ultimate Rewards program.
3. Amex Blue Business Cash Preferred Card
- 0% APR on purchases for 12 months.
- Annual Fee: $95
- Rewards: 2% cash back on all purchases, up to $50,000 per year.
- Benefits: Access to Amex Offers, travel insurance, and purchase protection.
4. Wells Fargo Business Secured Credit Card
- 0% APR on purchases for 12 months.
- Annual Fee: None
- Rewards: None
- Benefits: Great for business owners with limited credit history.
5. Bank of America Business Advantage Unlimited Cash Rewards Credit Card
- 0% APR on purchases for 12 months.
- Annual Fee: None
- Rewards: 1.25% cash back on all purchases.
- Benefits: Access to Bank of America's travel portal and other perks.
Things to Consider When Applying for a 0% APR Business Credit Card:
- The length of the promotional period: Make sure the promotional period is long enough to meet your financial needs.
- The regular APR: Consider the regular APR after the promotional period ends to ensure you can afford the payments.
- Fees: Be aware of any annual fees or other charges associated with the card.
- Minimum payment requirements: Ensure you can meet the minimum payment requirements.
By carefully considering your options and comparing different offers, you can find the best 0% APR business credit card to help you manage your business finances and potentially save money on interest charges.
