Our Verdict
In this side-by-side review, Chase takes the lead over Citizen’s business credit cards. Here’s why:
- Versatile Rewards: Chase offers options like cash back, rewards points, or airline miles, allowing you to align your card with your business goals and preferences.
- Spending Categories: If your business has distinct spending categories, Chase is the way to go. It has business credit cards that earn bonus rewards in specific areas such as travel, office supplies, telecom, gas stations, and restaurants. You earn more rewards where you spend the most.
- Travel Experience: Chase’s co-branded business credit cards with Hyatt and United provide fantastic perks like free nights, elite status, lounge access, and checked bags. Elevate your travel game and enjoy the benefits that come with it.
- Annual Fee Options: You can choose a card with no annual fee or opt for one with fees ranging from $95 to $450. Find the card that fits your budget while still providing ample rewards and benefits.
While Citizens business credit cards have advantages like no annual fees and a straightforward cash-back rewards program, Chase is a more compelling choice overall with its wider range of rewards, bonus categories, co-branded travel options, and flexibility of annual fee choices.
Keep in mind that the best option for you depends on your specific business needs, spending habits, and preferences. Take the time to carefully evaluate and compare the features of both card types, considering how well they align with your goals and requirements.
Why Choose Chase Business Credit Cards
Who Chase Business Credit Cards Is Best For
Chase business credit cards are best for you if you:
- Want a business credit card that aligns with your preferred rewards type, whether it’s cash back, rewards points, or airline miles.
- Need a business credit card that matches your kind of expenditure, such as travel, office supplies, telecom, gas stations, restaurants, and more.
- Desire a card that offers travel perks. Chase co-branded business credit cards with Hyatt or United offer perks like free nights, elite status, lounge access, and checked bags.
- Want a card that fits your budget with a suitable annual fee structure, including options with no annual fee or fees ranging from $95 to $450, while you get rewarding benefits
Who Chase business credit cards Is Not Right For
Dump Chase business credit cards in favor of the competition if you:
- Have a personal credit score below 700.
- Have spending categories that don’t align with what it offers.
- Rarely travel or prefer other brands.
- Have specific concerns about annual fees.
Why Choose Citizens Business Credit Cards
Who Citizens Business Credit Cards Is Best For
Citizens business credit cards are best for you if you:
- Want to simplify your finances, earn rewards, and enjoy travel perks.
- Aim to earn rewards on your everyday business expenses.
- Seek to save on interest and accelerate the repayment of your balance.
- Value additional protection and convenience for yourself and your employees.
- Desire features that help you efficiently manage cash flow, budget, and security.
Who Citizens Business Credit Cards Is Not Right For
Citizens Business Credit Cards are not suitable for you if you:
- Are a large business owner or don’t need the cards for business purposes.
- Want to transfer a balance or carry a large balance.
- Seek flexible rewards or higher rewards in specific categories.
- Prefer different terms from the ones for business credit cards. These cards cater specifically to small business owners.
Chase vs. Citizens Business Credit Cards: Main Differences
| Chase Business Credit Cards | Citizens Business Credit Cards | ||
|---|---|---|---|
|
Ideal For |
Rewards in peculiar categories like travel, telecom, restaurants, and more |
Travel Benefits |
|
|
Charges |
Annual Fees - $0 - $450 |
Annual Fees - $0 |
|
|
Standout Features |
Co-branded cards with United and Hyatt |
Budget Tracking and Analysis |
|
Chase vs. Citizens Business Credit Cards: Standout Features
Chase Business Credit Cards
- Telephone coverage.
- Travel termination protection
- Car rental collision damage coverage
- Prolonged warranty protection
- Generous sign-up bonuses
- Co-branded cards with Hyatt and United
- Purchase coverage
Citizens Business Credit Cards
- Cash flow tracking
- Budget planning features
- Improved security features with chip and PIN technology and upgraded ID theft protection
- Travel insurance coverage
- Mastercard worldwide assistance
Chase vs. Citizens Business Credit Cards: Options
Chase Business Credit Cards
- Ink Business Preferred Credit Card:
- 100,000 bonus points when you spend $8,000 in the first 90 days, equivalent to $1,000 cash back or $1,250 for travel rewards
- 3 points/$1 on select categories (up to $150,000 annually): advertising, internet, shipping, phone services, cable, and travel.
- 1 point/$1 on all other purchases
- 25% more on redeemable points for travel with Chase Ultimate Rewards
- 1:1 ratio for transfer points between travel partners
- $95 annual fee and $0 international transaction fees
- 20.99%–25.99% APR
- Other benefits include buyer protection, anti-fraud measures, and no-cost employee cards
- Ink Business Cash Credit Card:
- $750 bonus cash back on expenses worth $6,000 in the first 90 days.
- 5% cash back on the first $25,000 you spend annually on different kinds of purchase categories.
- 2% cash back on the first $25,000 you spend annually at gas stations and restaurants
- Unlimited 1% cash back on all other purchases
- $0 annual fee and 0% intro APR – 12 months on purchases
- 18.24% – 24.24% APR
- Redeemable rewards when you use Chase Ultimate Rewards
- Extra perks include free employee cards, fraud prevention, and purchase insurance.
- Ink Business Unlimited Credit Card:
- $750 bonus cash back when you exhaust $6,000 in the first 3 months
- Unlimited 1.5% cash back with no categories or caps
- Redeemable rewards with Chase Ultimate Rewards
- $0 yearly fee and a 0% intro APR on purchases – first 12 months on purchases
- 18.24%–24.24% APR
- Other benefits include rental car insurance, fraud prevention, consumer protection, and, no-charge employee cards.
- Ink Business Premier Credit Card:
- $1,000 bonus cash back on $10,000 expenses in the first 90 days
- 2.5% cash back for transactions of $5,000 or greater
- 2% cash back on all other business purchases, unlimited
- $195 annual charge
- 19.24%–27.24% APR
- Privileges include fraud risk management, cell phone protection, prolonged warranty protection, and satisfaction guarantee.
Citizens Business Credit Cards
- Business Everyday Points Credit Card
- $325 reward for $5,000 expenditure in the first 90 days
- Unlimited 1.5% rewards on all purchases
- 0% intro APR on purchases for the initial 6 months
- $0 annual fee
- 16.24%-26.24% APR
- Business Platinum Credit Card
- 0% intro APR on purchases for an initial 1 year
- $0 yearly charge
- 13.24%-24.24% APR
Pros and Cons of Chase Business Credit Cards
- Pros
- Offer generous sign-up bonuses ranging from $750 to $1,000 cash back or 60,000 to 100,000 bonus points or miles.
- Provide competitive rewards programs that earn cash back, rewards points, or airline miles in specific categories.
- Feature co-branded cards with Hyatt and United, offering perks like free nights, elite status, and lounge access for frequent travelers.
- Include purchase protection, cell phone coverage, travel cancellation/interruption coverage, auto rental collision damage waiver, and extended warranty coverage.
- Allow rewards transfer to airline and hotel partners or redemption for more value through its Chase Ultimate Rewards portal.
- Cons
- Require payment of annual fees ranging from $0 to $450, depending on the card.
- Demand a good personal credit score (700+) to qualify.
Pros and Cons of Citizens Business Credit Cards
- Pros
- Forego annual fees
- Provide cash flow monitoring, budget management, and enhanced security with chip and PIN technology to track expenses, protect information, and prevent fraud.
- Feature a straightforward cash-back rewards program, you can cash back on all purchases.
- Offer travel benefits like travel accident and baggage delay insurance, Mastercard Global Services, Mastercard Easy Savings, Mastercard PriceAssure, and VAT Reclaim Service, saving money and providing assistance
- Cons
- Lack sign-up bonuses, missing out on initial reward boosts.
- Offer no bonus rewards in specific categories such as travel, office supplies, telecom, gas stations, and restaurants.
- Limits reward redemption options to statement credits or deposits into a Citizens checking or savings account, without the ability to transfer rewards or utilize a travel portal for better value.
Chase vs. Citizens Business Credit Cards: Customer Reviews
Chase has a rating of 1.4 out of 5 on Trustpilot based on 1,144 reviews. Customers express concerns about poor customer service, hidden fees, fraud issues, and account closures. However, there are positive reviews that highlight good rewards, an easy application process, and helpful agents. Chase also maintains an A+ rating on BBB and resolves over 4,000 complaints in the last 3 years. Despite the complaints, many customers appreciate the card’s great rewards, low-interest rates, and flexible payment options.
Citizens gets a rating of 1.2 out of 5 on Trustpilot from 340 reviews. Negative feedback includes complaints about bad customer service, high fees, low credit limits, and technical glitches. However, positive reviews mention friendly staff, fast approval, and convenient features. On BBB, Citizens holds an A+ rating, it closes over 1,400 complaints in the last 3 years. Most complaints revolve around billing issues and service problems. Positive reviews highlight good customer service, easy online access, and cash-back rewards.
Chase and Citizens Business Credit Cards Competitors
American Express
American Express offers a range of business credit cards, including American Express Business Gold Card, Blue Business Plus Credit Card, Business Platinum Card, and the Delta SkyMiles Gold Business Card. These cards provide rewards in various categories, such as airfare, advertising, gas stations, shipping, and more. American Express cards also come with perks like airport lounge access, travel credits, purchase protection, and an extended warranty.
Capital One
Capital One presents two popular business credit cards, namely Capital One Spark Cash and Capital One Spark Miles. These cards offer a transparent rewards structure, providing either 2% cash back or 2x miles on all purchases. Additionally, they come with attractive sign-up bonuses of $500 cash back or 50,000 miles after spending a specific amount within the initial 3 months. While there is an annual fee of $0 for the first year, it increases to $95 afterwards.
Bank of America
Bank of America introduces three business credit cards: Business Advantage Cash Rewards Mastercard credit card, Business Advantage Travel Rewards World Mastercard credit card, and Business Advantage Customized Cash Rewards Mastercard credit card. These cards offer rewards in categories like gas stations, office supply stores, travel, dining, and more. They also feature sign-up bonuses of up to $300 and more, when you meet spending requirements within the first 90 days. Additionally, these cards have the advantage of having no annual fees.
Pro Tips
- Evaluate Your Business Needs: Assess your spending habits, travel requirements, and preferred reward type. This helps you narrow down the options and find a card that aligns with your specific business goals.
- Consider Bonus Categories: If your business has distinct spending categories, look for a card that offers bonus rewards in those areas. This can maximize your earning potential and provide additional value.
- Assess Travel Benefits: If you frequently travel for business, explore cards that offer travel perks like free nights, elite status, or airport lounge access. These benefits can enhance your travel experience and provide added convenience.
- Manage Annual Fees: Determine your budget for annual fees and choose a card that fits your budget. Some cards offer no annual fees, while others may have fees and provide rewards and benefits.
- Read Customer Reviews: Read customer reviews to get insights into clients’ experiences. Pay attention to both positive and negative feedback to gain a balanced perspective.
- Consider Competitor Options: Explore competitors’ business credit cards. Compare features, rewards, fees, and customer reviews across different issuers to find the card that best suits your needs.
- Review Terms and Conditions: Carefully read through the terms and conditions of each card, pay attention to APRs, balance transfer options, and reward redemption flexibility. This helps you understand each card’s limitations and any potential costs associated with it.
- Leverage Introductory Offers: Look for cards with introductory offers such as 0% APR on purchases or balance transfers, as well as welcome bonuses. Get a boost to your savings or reward accumulation in the early stages.
- Consider Long-term Benefits: Evaluate the long-term benefits of the card. Assess the ongoing rewards, redemption options, and additional perks that continue to benefit your business in the long run.
- Seek Expert Advice: If you’re unsure or want personalized guidance, consider consulting with financial advisors or professionals who specialize in business credit cards. Access the valuable insights you need for your business.
Recap
Chase business credit cards are ideal for you if you prefer specific reward types, have distinct spending categories, travel frequently, or have a set annual fee budget. However, it may not be suitable for you if you have a personal credit score below 700, limited travel needs, or specific concerns about annual fees.
On the other hand, Citizens business credit cards are best for you if you want to simplify your finances, earn rewards, enjoy travel benefits, save on interest, and value additional protection and convenience. These cards may not be suitable for non-business purposes, balance transfers, more flexible rewards programs, or higher rewards on specific spending categories.
Competition comes from American Express, Capital One, and Bank of America, which each offer different sets of benefits and rewards for your business needs.
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