What is the best credit card for self-employed people?

The best credit card for self-employed people is the Ink Business Cash® Credit Card because it offers bonus cash back rewards on business-related purchases that you can re-invest in your business via electronic deposit. It also allows self-employed people to finance purchases interest-free over the short term.

Ink Cash offers 1 - 5% cash back on purchases, including 5% cash back on the first $25,000 spent per year at office supply stores and on internet, cable and phone services. There’s also an initial bonus of $750 for spending $6,000 in the first 3 months and a $0 annual fee. Ink Cash is ideal for small business owners who want to earn cash back rewards at little or no cost.

Best Credit Cards for Self-Employed People

It’s worth noting that if you apply for a business credit card, your personal credit history matters a lot more than your company’s credit standing. That’s because credit card issuers require a personal guarantee, which means you are personally liable for any debt that your business is unable to pay.

As an alternative, you can always use a personal credit card for business purposes. Personal credit cards offer certain legal protections that are not available on all business cards. But if you choose this option, avoid using the card for personal expenses.