However, it is very important to understand which types of credit cards exist and which ones will help your business the most. Don’t just go out and get credit cards to use as startup business funding. Go get the right credit cards and you can actually get thousands of dollars in free perks too. 

There are so many different types of credit cards out there. Which cards should you choose to fuel the growth of your business? In this article we will walk you through the benefits you can get for your business by using a cash back credit card. 

Everyone knows the saying that "cash is king." There is no exception to this rule when it comes to the startup World. Every startup business always wants as much cash as possible, as the future of your business may depend on its cashflow. 

One of the greatest types of credit card benefits are cash back credit cards. In this category of business credit cards, the Chase Ink Business Cash card stands out. 

For starters, when you sign-up for this credit card, you get $500 cash back as a bonus as long as you spend $3,000 on the card in the first 3 months of having it. 

There are also bonus categories that give you cash back on every purchase you make. For example, you get 5% cash back on the first $25,000 you spend on office supplies, internet, cable and phone services. This is amazing! If you spend $25,000 per year on these types of business expenses, you would get $1,250 back per year. Straight hard cash in your pocket for spending the money you would be spending anyways. How could you not take advantage of this opportunity? 

In addition to the 5% cash back bonus category, you also get 2% cash back on the first $25,000 that you spend at gas stations and restaurants. If you spend $15,000 per year on gas and food, that is an extra $300 in your pocket for swiping your card instead of paying in cash. 

With the Chase You also get 1% cash back on all other purchases. So, if you spend another $50,000 on business expenses on this credit card, you get another $500 in your pocket. 

As we mentioned, these cash back benefits are no joke. Just from this example above, with the Chase Ink Business Cash card, you would earn $2,550 back in cash including the signup bonus. 

There are two types of cash back credit cards that are available. The first is a flat rate cash back card, where you get 1.5% cash back on all purchases, for example. The other important cash back credit card is a rotating categories card, where you can get up to 5% cash back when you spend money on certain categories.  

With respect to the flat rate cash back credit cards, one of the best cards to consider is the Citi Double Cash card. The reason is that you get 2% cash back on everything. Compare this to the Chase Freedom Unlimited card, where you only earn 1.5% cash back on all purchases. 

For the rotating category cards, two of the best are the Chase freedom and the 

The best card is the citi double cash is really good because it is 2% cash back on everything.

If you couple this card with the Chase Freedom Unlimited, you can get 1.5x cash back on everything else. For example, in May 2018, the 5x category includes all PayPal transactions. So if you have a Chase Freedom card linked to your PayPal account, you will get $5 back for every $100 that you spend. If you are spending $1,500 on your Chase Freedom card this quarter, you will get back a free $75 for your business.