Business Credit Card Rating Criteria
Business Credit Card Rating Criteria
This category encompasses all credit cards intended for business use. Although we have reviewed a number of personal credit cards, they are rated in accordance with the following criteria because we are evaluating them for business usefulness.
Business credit cards are rated on the following three sections: Rewards & Fees, Redeeming Rewards, and Benefits.
Each section is assigned a rating of Excellent, Good, Fair, or Poor based on the outlined criteria. The overall score out of 5 stars is then based on the following general guidelines:
Overall Score | Section Ratings |
---|---|
5.0 | Majority "Excellent" and "Good", no "Poor" |
4.0 - 4.5 | Majority "Good" |
3.0 - 3.5 | Majority "Good" and / or "Fair" |
2.0 - 2.5 | Majority "Fair" and / or "Poor" |
1.0 - 1.5 | Majority "Poor" |
For more detailed information on scoring, as well as how we make recommendations based on these scores, see our Rating And Scoring System.
The following characteristics warrant an Excellent rating:
Rewards & Fees
- The card has a better than average rewards scheme and may help merchants save more money than other, similar, cards
- The rewards scheme is simple and easy to understand
- Carries fewer fees than other cards
- Carries lower fees than other cards
- The card has an introductory offer or other special offers on signup
- Website copy is comprehensive and easy to understand
Redeeming Rewards
- Rewards are easy to redeem and can be redeemed in ways that are convenient for the business
- Rewards don’t expire
- If the card has points, points have better than average redemption values and points can be transferred to other programs
Benefits
- The card carries better than average features and benefits