December 27, 2021 30

The 5 Best Credit Cards for Facebook Ad Spend in 2022

Online advertising has seen immense growth over the past few years and has become one of the main ways in which businesses market their products. 

Estimates vary by source, but Statista recently produced a report predicting that over 92 percent of U.S. firms will utilize social media for marketing in 2021, and the number will even exceed that in 2022. This is a significant improvement over the previous year's figure of 86.2 percent. 

This means that the far majority of business owners are advertising on social media platforms such as Facebook, Instagram, or Youtube. For many business owners, marketing is one of their main costs, and for that reason, we will discuss the best credit cards to use for your Facebook marketing ventures. Moreover, the article will cover credit cards with the best reward systems, bonus earnings, benefits, and more. 


American Express Business Gold Card

  • If you spend $10,000 on eligible purchases with the Business Gold Card within the first three months of Card Membership to earn 70,000 Membership Rewards points.
  • You can earn four times as many Membership Rewards points in the two categories where your company spends the most each month. 

  • Each calendar year, the first $150,000 in combined purchases from these two categories earns 4x points. 
  • You can earn 25% back on eligible flights booked with Amex Travel when you spend points for all or part of the flight, up to 250,000 points per calendar year.
  • Also, you have the option to choose whether or not you want to pay for eligible purchases in full each month or pay in time with interest.
  • Yearly Fee: $295
  • Apply Here.

Learn more about what Ethan Steinberg, the frequent traveler, and American Express card user, had to say about the Amex Business Gold Card.


Ink Business Preferred Credit Card

  • After spending $15,000 on purchases within the first three months, you'll get 100,000 bonus points.
  • Each account anniversary year, earn 3 points for every $1 spent on travel, shipping, internet, cable, and phone services, as well as advertising purchases made through social networking sites and search engines.
  • Earn 1 point for every $1 spent on all other purchases, with no limit to how many points you can earn.

    When redeeming points through Ultimate Rewards® travel, you can get 25% more value.
  • Credit Rating: Good to Excellent Suggestions (670-850)
  • Yearly Fee: $95 per year
  • Apply Here.

Learn more about what Nick Ewen, the frequent traveler and senior editor for ThePointsGuy, has to say about the Ink Business Preferred Credit Card.


American Express Blue Business Cash Card

After you spend $3,000 on your Card in the first three months, you'll get a $250 statement credit.

  • Earn 2% cashback on all eligible purchases up to $50,000 per calendar year, after which you'll get 1%. Earned cashback is automatically added to your account.
  • Your business is continuously changing, from workflow to inventory to floor plans. As a result, with Expanded Buying Power, you have the ability to spend over your credit limit.
  • Always keep in mind that the amount you can spend over your credit limit is limited. It changes based on your Card usage, payment history, credit history, financial resources known to American Express, and other factors.

  • For the first 12 months after account opening, you'll get a 0% intro APR on purchases, followed by a variable rate of 13.24 percent - 19.24 percent, based on your creditworthiness and other variables assessed at the time of account opening.
  • Credit Rating: Good to Excellent Suggestions (670-840)
  • Yearly Fee: $0 per year
  • Apply Here.

Learn more about what Kimberly Palmer and Robin Saks Frankel from the NerdWallet website have to say about the American Express Blue Business Cash Card. 


Southwest Rapid Rewards Performance Business Card

  • Because it was just issued a few years ago, the Southwest Rapid Rewards Performance Business Credit Card is the newest card on this list. After spending $5,000 within three months of opening the account, you'll receive an enticing 80,000 Rapid Rewards points as a welcome bonus.
  • The card awards 2 Rapid Rewards points for every $1 spent on social media, search engines, the Internet, cable, and phone services, with no cap. 

  • You'll also get 3 points for every $1 spent on Southwest Airlines and 1 point for every $1 spent on everything else.
  • This is in addition to a number of other valuable travel benefits, such as a cost credit for Global Entry or TSA PreCheck, in-flight WiFi credits, and four premium boardings each year (when available).
  • Yearly Fee: $199 per year
  • Apply Here.

Learn more about what Melissa Lambarena from NerdWallet has to say about the Southwest Rapid Rewards Performance Business Card.


Business Platinum Card from American Express

  • Earn 120,000 Membership Rewards points after spending $15,000 on eligible transactions with your Card in the first three months of your Card membership.
  • Plus, for purchases qualifying for Pay Over Time, there's a 0% Intro APR for the first 12 months from the date the account is opened. Your APR will thereafter range from 14.24% to 22.244%, depending on your creditworthiness and other factors established at the time of account opening.
  • On amextravel.com, earn 5X Membership Rewards points on flights and prepaid hotels.

  • Earn 1.5X Membership Rewards® points on purchases of $5,000 or more in essential business areas, as well as on all other purchases. There is a limit.
  • $200 Airline Fee Credit: Earn up to $200 in statement credits each calendar year at one qualified airline toward baggage fees and other expenses.
  • $179 Clear Credit: Use your Card to earn up to $179 off your clear membership each year.
  • The American Express Global Lounge Collection gives you access to over 1,300 airport lounges in 140 countries. As of August 2020, there are more lounge options than any other credit card on the market.
  • Credit Rating: Good to Excellent Suggestions (670-850)
  • Yearly Fee: $595 
  • Apply Here.

Learn more about what Gregory Karp and Paul Soucy from NerdWallet have to say about the Business Platinum Card from American Express.


Conclusion

Selecting a credit card that generates rewards for these transactions makes good financial sense if your company spends a lot of money on Facebook advertising. Depending on the amount that your company plans to spend on advertising through the Facebook Ads platform, one of the cards mentioned above should provide you with a substantial amount of benefits. Choosing the right credit card can drastically improve your business’ efficiency and provide you with benefits and rewards that can take your company to the next level.

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