MasterCard Reward Cards
Find out which MasterCard credit card rewards program fits your business
MasterCard reward programs are popular with many companies because the employees using the cards receive cash, airline miles and other incentives at no direct cost to the company. It’s a win-win situation for your company and your employees.When choosing the best MasterCard reward cards for your company, first look at what types of purchases employees make with a credit card. You might want to match the purchases to the rewards. You also may want to give employees several cards to choose from or even choose a card that offers flexibility in the type of reward. The following list displays just some of the rewards that many cards offer:
1. MasterCard travel rewards,
2. Gas rebates,
3. Rental car discounts,
4. And cash back.
Choose a MasterCard travel rewards card if you travel often
The good news for all you frequent travelers out there is that most of the cards offered by MasterCard offer some sort of traveling incentive. Whether the offer is free flier miles after a certain amount spent, rental car discounts, or gas rebates, such cards make spending money with your MasterCard reward card a great way to save on business trips that you or your employees take.
Try: Check out Citi Gold/AAdvantage World MasterCard, Citi Bronze/AAdvantage World MasterCard, or Citi Platinum Select/AAdvantage World MasterCard, all available at Citibank. Such cards offer free AAdvantage miles when employees make a certain amount of purchases within a specified time frame, as well as rebates on rental cars. If you need help deciding on what credit card to apply for, Your Credit Network discusses key factors to think about when selecting a card.
Select a MasterCard rewards program that offers gas rebates
One great way to save money is to choose a card that provides gas rebates. This type of card is great for when employees need to make long business trips by car.
Try: The BP Business Solutions Mastercard gives your company rebates on gas purchases, and allows you to set individual spending limits for each of your employees. Advanta Business Rewards Platinum Mastercard is great for small businesses, and gives back up to 5% on gas purchases.
Check out MasterCard rewards cards that give customers cash back
If you would like to see some of your money back in your business account each time you make a purchase, a MasterCard cash reward card is best for you. This way, the money does not go to anything in particular like traveling or gas. That means you can choose what to do with it, whether that includes new furniture for the office, a technology update, or even employee bonuses to serve as an incentive for using this company card when making business purchases.
Try: Choose from the WorldPoints Rewards for Business Mastercard from Bank of America, or Citi Professional Card with ThankYou Network. These cards are ideal for the small businesses, new business owners and freelance professionals.
- Choose the rewards MasterCard that will save your company the most money. Obviously, this card is different for everyone. Right now, the best choice is often the card that offers gas rebates or discounts, thanks to rising gas prices. Such cards typically offer up to 10% off the pump price at any gas station, perfect for those business trips that requiring long drives. Use the money you saved to purchase ergonomic office furniture that you otherwise might not be able to splurge on.
Copyright © 2011 Business.com, Inc. All Rights Reserved.