The more you travel, the more discounts you will have. Travelers know that every mile counts; according to that, using credit cards for business travelers could be a good saving strategy. But are there more ways to save except on flights and miles?

Business travel credit cards offer a range of benefits, such as rewards, discounts, extra miles, cash back, loyalty points, travel insurance, and similar. In the first place, we will point out ways that you could save on business travel.

How to Save Money on Business Travel

Traveling can result in a variety of costs. Which areas of business travel you prioritize for saving money and redeeming travel points will depend on your personal tastes and circumstances.

Flights

If you want to save money on flights, there are a few options. Earned points from a business credit card, such as the Chase Ink Business Preferred®, can be used to pay for flights.

Another possibility is to apply for a business travel rewards credit card with a companion fare. If you have a group of employees traveling together, this could be a fantastic option. With this form of award, you may be able to obtain a cheap second airline ticket. Some cards feature a set companion fare, while others may just charge taxes for the second ticket.

Some credit cards may also provide reimbursement for programs such as TSA PreCheck and Global Entry if the application fee is paid using the card.

Hotels

Using a corporate credit card connected with a hotel chain is one way to save money on hotels. Some hotel credit cards, for example, may offer faster earnings and statement credits when you stay at an affiliated hotel. A card like this may be especially attractive if you have a preference for a specific hotel brand.

Other non-affiliated cards may allow you to use your points for hotel stays. If you’ve accumulated enough points through spending, you may be able to use them to cover the entire cost of a hotel stay.

Restaurants

If you find that eating out on business trips consumes a significant portion of your budget, you may want to consider a cash-back card, such as Chase Ink Business Cash®. Some cash-back business cards give you bonus points for eating out. Some credit cards also allow you to redeem rewards for gift cards. These gift cards may be accepted as payment at restaurants. It’s crucial to remember that not all cash-back business cards are the same, so make sure you understand the specific terms of the card you’re interested in.

Car rentals

If you or your workers rent a car when traveling, there are card options available with trip redemption options. Some business travel cards allow cardholders to redeem points for rental automobiles. In addition, many business cards include rental car insurance as one of their business benefits.

What are the best business travel credit cards in 2024?

We compiled a list of the best credit cards for business travel in several categories.

Best for travel overall

Ink Business Preferred® Credit Card is an excellent choice for companies that spend a lot of money on travel, shipping, internet, advertising (via social media sites or search engines), or cable and phone services.

The choices for redeeming the points you earn are what make this such an excellent business card for travel. Chase Ultimate Rewards® points can be used to book travel through the Chase travel portal for 1.25 cents per point (25% more value than cash back) or transferred to 14 airline and hotel partners. The Ink Business Preferred also includes travel insurance and purchase protection advantages, which can save your company money if something goes wrong.

Best for no annual fee

The American Express Blue Business Plus Credit Card is a simple, yet rewarding, card that’s ideal for someone just starting out in business.

The American Express Blue Business Plus card earns American Express Membership incentives® points, which are among the greatest travel incentives available.

Best for premium travel benefits

The American Express Business Platinum Card is great for business owners who frequently travel and want luxurious privileges.

Standout advantages include complimentary airport lounge access, a statement credit for Global Entry or TSA PreCheck®, shopping credits, comprehensive travel insurance, complimentary hotel loyalty club status, car rental privileges, and more. Furthermore, the Business Platinum Card earns important Membership Rewards points that may be redeemed for almost any sort of travel.

Best for flexible rewards

The American Express Business Gold Card is suitable for companies with variable monthly spending. Instead of having fixed bonus categories, this card will automatically earn boosted points for your two highest-spend categories each billing cycle from six qualifying categories, giving you maximum flexibility. While your top two categories may change, each calendar year you will earn 4X points on the first $150,000 in combined purchases from these categories (then 1X afterward). In each billing cycle, only the top two categories will contribute toward the $150,000 threshold.

There are six categories in which you can potentially earn extra points, which include flights, US advertising, US shipping, computer purchases from US suppliers, US petrol stations, and US eateries. The card also includes a 25% airline bonus that allows you to get some of your points back when you use Pay with Points to book flights, access to various expense management tools, baggage insurance, trip delay insurance, car rental loss, and damage insurance, and no foreign transaction.

Best for hotels

The IHG One Rewards Premier Business Credit Card can assist small business owners in converting their spending into free nights at any of IHG’s 18 hotel brands, including InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels, and Holiday Inn®.

The most notable feature of this card is an annual free night certificate usable at IHG hotels, costing up to 40,000 points per night. Cardholders also receive VIP treatment with IHG One Rewards Platinum Elite status, as well as up to $50 in United TravelBank Cash each year and a credit for the application fee for Global Entry, TSA PreCheck, or NEXUS. In addition, cardholders receive a free fourth night when redeeming points for stays of three nights or more.

Conclusion

In today’s business economy, there are many options available, and picking the best credit card for your business depends on how much you spend each month, the categories you spend the most in, and the type of rewards you want. It’s also important to think about your credit score and whether you’re willing to pay an annual fee. Learn more about business credit cards to discover which card is best for you.