Chase Business Preferred Card

A Corporate Credit Card for with Premium Travel Rewards

This corporate card rewards your business with premium travel rewards. Earn 3X points on travel and other select business categories.

This corporate credit card allows you to carry a revolving balance. Although this can be classified as a business credit card it mostly benefits companies that have $5k+ in monthly purchases.

Requirements:

  • Corporation, LLC or LLP
  • Annual credit card spending less than $250k
  • Personal credit scores - 740+
  • Personal guarantor may be required

APR: 15.99% - 20.99% variable APR

Annual Fee: up to $95

To apply CLICK HERE

  • 1

    No Personal Guarantor

    What is a personal guarantee? A personal guarantee is a written promise from a business owner guaranteeing that payment will be made in the event that the business fails to pay.
    Whether the business enters into a lease, applies for a business loan or line of credit, you’ll find that many creditors will require a personal guarantee to secure financing especially if you’re a small business.Corporate charge cards have certain revenue requirements that is large enough and profitable enough that no personal guarantor is required.

  • 2

    Obtaining a Corporate Card

    Obtaining a corporate credit card account for your business will often require a conversation with a corporate account manager. Be prepared to provide data and documents about your company's financials, including revenue statements and bank account information prior to applying.

  • 3

    Waivable Personal Guarantee Requirements

    In some cases, you don't need to meet million dollar+ revenue requirements to obtain a corporate charge card. A small number of charge cards such as the Smart Corporate Card, Brex & Ramp (listed here) have much lower dollar amounts.There are also retail co-branded business credit cards that offer the option to waive the pg requirement such as the Sam Club Business Credit Card.