There are several things you want to consider when choosing a best credit card for construction business:

If your business is construction, your first priority may well not be travel rewards often offered with small company cards, including airport business lounge access, rental car coverage, and other travel perks. (If you enjoy travel, whether for pleasure or business though, travel rewards can be quite valuable, including Amex Membership Rewards points and Chase Ultimate Rewards points.)

You may find cash back rewards to be a better fit. If so, be sure to carefully evaluate the card’s rewards rate. Will you earn a set cash back rate (or points) for all business purchases or will you earn higher rewards in certain bonus categories? In the event the latter, make sure you choose a card that gives bonus points for the type of purchases you typically make. And ideally, contractors can look for a card that offers 2x or 3x points or cash return for the kinds of purchases that they make the most, such as gas or hardware purchases.

Business Card Features
For small business owners who need to issue employee cards, look for employee spending controls and expense tracking. You can even look for cards that offer free employee cards, along with spending controls. Alternatively, it’s unlikely that contractors will make business purchases beyond your AMERICA, so you won’t have to worry if your credit card has foreign transaction fees.

Build Your Credit
It’s also important to understand how your business mastercard will impact your credit score. Some credit card issuers report all activity to the owner’s personal credit, most report to business credit (which can help build good business credit scores) and some report to both. If you know you’ll be carrying a balance frequently, for example, you might choose a card that will not appear on your personal credit history, as those balances could impact your personal credit scores and impact your creditworthiness.

Enjoy Introductory Financing
Finally, if you know you will carry an equilibrium every once in awhile be sure you understand the interest levels you may be charged for purchases and balance transfers. If you choose a card with the intro APR, be sure to produce a note on your calendar of when it expires, and attempt to pay off the balance before that happens. Otherwise, your cost can increase significantly.

Best Small Business Credit Cards for Contractors
Here are some of the small business credit cards that construction contractors will see valuable in their business:

1. Lowe’s Business Rewards Card from American Express
The Lowe’s Business Rewards Card from American Express offers valuable discounts at Lowe’s diy stores, but offers rewards for other purchases. Earn 2% cash back at U.S. restaurants, U.S. office supply stores, wireless telephone services purchased directly from U.S. service providers. 1% cash back on other eligible purchases. Points can only be redeemed for Lowe’s present cards or used to cover specific, eligible statement charges on your account for a statement credit. When using your points for eligible charges on your account, you may use points only toward the complete amount of any eligible charge.

2. The Plum Card® from American Express
The Plum Card® from American Express provides outstanding rewards to contractors who open new accounts and continues to offer strong value each year. When you need to finance a job, you can take up to 60 days to pay your statement with no interest charges. Earnings fine? Paying early takes care of: get a 1.5% Early Pay Discount, with no cap on what you can earn back.

This card has no preset spending limit and includes American Express’s full suite of expense management tools. There’s a $250 annual fee.

3. Divvy Smart Credit Card for Business
Expense reports and expense management can be considered a huge pain point for contractors. Along with the Divvy Smart Credit Card for Business you’ll eliminate expense reports, build your business credit, and never cover budget again. If you have employees or contractors who need to make purchases, you’ll love the fact that Divvy gives admins complete control over employee spending with enforceable budgets (that can be adjusted in seconds). On Divvy’s mobile iphone app or desktop platform, you’ll see every transaction as it happens, bringing your entire spend into one place.

All charges made on this charge card are due and payable when you obtain your periodic statement. You will find rewards as well: Around 7% points, based on payment settings.

4. Chase Ink Business Cash℠ CREDIT-BASED CARD
The Chase Ink Business Cash VISA OR MASTERCARD offers cardholders a competitive welcome bonus: $750 bonus cash return as soon as you spend $7,500 on purchases in the first 3 months after account opening.

The reward program is solid, though contractors could see more reap the benefits of higher rewards in other spending categories. Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash return on the first $25,000 spent in combined purchases at gasoline stations and restaurants each account anniversary year. Earn 1% cash return on other card purchases without having limit to the amount you can earn.

*All information about the Chase Ink Business Cash℠ MASTERCARD has been collected independently by Nav. This card is not available through Nav. To check out what business credit cards are available, please visit the Nav Credit Card Marketplace.

5. Capital One 2% Spark Cash for Business
The Capital One Spark Cash for Business credit card provides outstanding rewards to contractors who open new accounts and continues to offer strong value yearly. Earn a one-time $500 cash bonus once you may spend $4,500 on purchases within 3 months from account opening.

You’ll also earn solid cash return rewards by using an ongoing basis. Earn unlimited 2% cash return for your business on every purchase, everywhere, no limits or category restrictions. There is no annual fee for the first year; $95 from then on. You’ll get free employee cards, which also earn unlimited 2% procuring on all purchases. Rewards won’t expire for the life of the account, and you could redeem your cash back for every amount.

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