Best Credit Cards for Real Estate Investing: A Product Comparison Guide
As a real estate investor, you know that managing your cash flow is key to running a successful business. Credit cards can be a great tool for managing your expenses and earning rewards for your spending. However, not all credit cards are created equal, and it’s important to choose the right one for your specific needs.
Are you a real estate investor looking for the best credit card to manage your cash flow and earn rewards for your spending? With so many options on the market, it can be tough to know which one is the best fit for your business. That’s why we’ve created this Best Credit Cards for Real Estate Investing to help you choose the right credit card for your needs.
So, whether you’re a seasoned real estate investor or just getting started, read on to find out more about the Best Credit Cards for Real Estate Investing.
Credit Cards We Will Compare
- Chase Ink Business Preferred
- American Express Business Gold
- Citi Double Cash
- Capital One Spark Cash for Business
Product Summaries
Chase Ink Business Preferred
The Chase Ink Business Preferred is a great credit card designed for small business owners, offering a range of rewards and benefits. With this card, you can earn 3x points on the first $150,000 spent on travel, shipping, internet, cable, phone, and advertising purchases made with social media sites and search engines. You can also earn 1 point per dollar spent on all other purchases. This card comes with a range of benefits, including travel and purchase protections and extended warranty coverage. The annual fee for this card is $95, and the interest rates are between 15.99% and 20.99% variable APR.
American Express Business Gold
The American Express Business Gold is a credit card designed for small business owners, offering a range of rewards and benefits. With this card, you can earn 4x points on the two categories where your business spends the most each month, up to $150,000 per year. You can also earn 1 point per dollar spent on all other purchases. This card comes with a range of benefits, including travel and purchase protections and extended warranty coverage. The annual fee for this card is $295, and the interest rates are between 14.24% and 22.24% variable APR.
Citi Double Cash
The Citi Double Cash is a cashback credit card that offers 2% cash back on all purchases, with no limits or restrictions. This card has no annual fee and comes with a range of benefits, including travel and purchase protections and extended warranty coverage. The interest rates for this card are between 13.99% and 23.99% variable APR.
Capital One Spark Cash for Business
The Capital One Spark Cash for Business is a credit card designed for small business owners, offering cash back rewards and benefits. With this card, you can earn 2% cash back on all purchases, with no limits or restrictions. This card has an annual fee of $95, which is waived for the first year, and comes with a range of benefits, including travel and purchase protections and extended warranty coverage. The interest rate for this card is 20.99% variable APR.
Features We Will Evaluate
We will evaluate each of the following features related to the Best Credit Cards for Real Estate Investing: A Product Comparison Guide:
- Rewards Program
- Sign-up Bonus
- Annual Fee
- Interest Rates
- Additional Benefits
Credit Card Comparison
- Chase Ink Business Preferred
- Rewards Program: 3x points on travel, shipping, internet, cable, phone, and advertising purchases made with social media sites and search engines. 1 point per dollar spent on all other purchases.
- Sign-up Bonus: 100,000 points after spending $15,000 in the first 3 months
- Annual Fee: $95
- Interest Rates: 15.99%-20.99% variable APR
- Additional Benefits: Travel and purchase protections, extended warranty coverage
- American Express Business Gold
- Rewards Program: 4x points on the two categories where your business spends the most each month, up to $150,000 per year. 1 point per dollar spent on all other purchases.
- Sign-up Bonus: 70,000 points after spending $10,000 in the first 3 months
- Annual Fee: $295
- Interest Rates: 14.24%-22.24% variable APR
- Additional Benefits: Travel and purchase protections, extended warranty coverage
- Citi Double Cash
- Rewards Program: 2% cash back on all purchases, with no limits or restrictions.
- Sign-up Bonus: None
- Annual Fee: None
- Interest Rates: 13.99%-23.99% variable APR
- Additional Benefits: Travel and purchase protections, extended warranty coverage
- Capital One Spark Cash for Business
- Rewards Program: 2% cash back on all purchases, with no limits or restrictions.
- Sign-up Bonus: $500 cash bonus after spending $4,500 in the first 3 months
- Annual Fee: $95 (waived for the first year)
- Interest Rates: 20.99% variable APR
- Additional Benefits: Travel and purchase protections, extended warranty coverage
Our Top Choice
After evaluating the features and benefits of each credit card, our top choice for the Best Credit Cards for Real Estate Investing: A Product Comparison Guide is the Chase Ink Business Preferred. This credit card offers a great rewards program and a generous sign-up bonus, with a reasonable annual fee and interest rate. The additional benefits make it a great choice for real estate investors.
Other Choices
If you’re looking for a no-annual-fee option, the Citi Double Cash is a great choice, offering 2% cash back on all purchases. However, if you’re looking for a high-end card with a great rewards program, the American Express Business Gold is a good option, although it does come with a higher annual fee. Additionally, the Capital One Spark Cash for Business has a great sign-up bonus, but it comes with an annual fee after the first year. Ultimately, the best choice for you will depend on your specific needs and spending habits.
Final Words
If you’re a real estate investor, using a credit card can be a great way to manage your cash flow and earn rewards for your spending. However, it’s important to choose the right credit card for your needs. We hope this Product Comparison Guide has helped you in your decision-making process.
So, Which credit card do you use for your real estate investing business? Do you have any tips for choosing the right credit card for real estate investing? Let us know in the comments below!