Alibaba.com Business Edge Credit Card Review 2024 – Forbes Advisor

Alibaba.com Business Edge Credit Card* Compared to the Ink Business Premier® Credit Card

High-spending businesses that prioritize earning rewards over financing terms should consider the Ink Business Premier® Credit Card. For a similar annual fee of $195, the card earns 5% cash back on travel purchased through Chase Travel℠, 2.5% cash back on purchases of $5,000 or more, and 2% cash back on all other purchases. There are no restrictions on rewards, so your earning potential is only limited by the amount you spend.

The Ink Business Premier Card also offers a number of valuable benefits, including mobile phone protection, purchase protection for up to 120 days, and an extended warranty. You can use your rewards to earn cash back, get credit, book travel, or buy gift cards. You don’t get the financing offers or coupons that the Alibaba card offers, but you also don’t have different earning rates for different spending areas.

Alibaba.com Business Edge Credit Card* Compared to Signify Business Cash℠ Card from Wells Fargo*

Signify Business Cash℠ Card from Wells Fargo* This is another generous unlimited income option of 2% cash rewards on business purchases, but with no annual fee, so all rewards are paid out immediately without the need to earn enough money to cover living expenses.

The Signify Business Card also has an introductory APR of 0% on purchases for the first 12 months from account opening, followed by a variable APR of 17.99-25.99%, which can be useful for a one-time large purchase when you you need enough room to maneuver. to pay it off. As with the Alibaba card, it lacks cardholder benefits a bit, but the lack of an annual fee could give you quite the benefit, depending on your spending habits. Keep in mind that to apply for this card online, you must have a personal or business checking or savings account with Wells Fargo.

Alibaba.com Business Edge Credit Card* compared to US banks. Triple Cash Rewards World Elite Mastercard®.

The World Elite Mastercard® for Business U.S. Bank Triple Cash Rewards earns unlimited 5% cash back on prepaid hotels and car rentals booked directly through the Rewards Center, 3% cash back on eligible purchases at gas stations and electric vehicle charging stations , office supply stores, cell phone service providers and restaurants, plus 1% cash back on all other eligible net purchases. Depending on how you split your spending, it may be a better deal overall than the Alibaba.com card rewards. The Triple Cash Rewards program for US businesses also has no annual compensation fee and includes a generous welcome offer of $750 in cash back after you spend $6,000 on an account holder card within the first 180 days of opening an account. This dwarfs what the Alibaba card offers.

It also has an introductory purchase offer of 0% APR on purchases for the first 12 billing cycles, followed by a variable APR of 18.49% to 27.49%, plus it comes with an annual credit benefit $100 for a recurring business software subscription. This isn’t the best choice if most of your budget is spent on Alibaba purchases, but if you have a more varied spend, it’s worth considering.