The Barclays AAdvantage Aviator Business Mastercard is now offering up to 75,000 bonus miles: Earn 65K after spending $1K in the first 90 days and 10K when a purchase is made on an employee card. While AA miles aren’t always terribly useful for domestic travel, that’s still a potentially excellent deal for premium-cabin international travel on partners.
Key Card Details
American Airlines miles sometimes get a bad rap because of poor award availability on their own metal. However, the miles really shine for use with valuable partners. With Etihad apartments recently coming online for booking at AA.com and excellent availability lately on Qatar Airways, as well as reliable space opening on Japan Airlines and Cathay Pacific, there are at least a handful of useful and valuable partner airlines where you could get quite a bit of value out of the miles here. A business class flight to your choice out of several regions for hitting such a low spend requirement looks like a decent deal indeed for those who are eligible for a business card.
|Applying for Business Credit Cards
Yes, you have a business: In order to sign up for a business credit card, you must have a business. That said, it's common for people to have businesses without realizing it. If you sell items at a yard sale, or on eBay, for example, then you have a business. Similar examples include: consulting, writing (e.g. blog authorship, planning your first novel, etc.), handyman services, owning rental property, renting on airbnb, driving for Uber or Lyft, etc. In any of these cases, your business is considered a Sole Proprietorship unless you form a corporation of some sort.
When you apply for a business credit card as a sole proprietor, you can use your own name as your business name, use your own address and phone as the business' address and phone, and your social security number as the business' Tax ID / EIN. Alternatively, you can get a proper Tax ID / EIN from the IRS for free, in about a minute, through this website.
Is it OK to use business cards for personal expenses? Anecdotally, almost everyone I know uses business cards for personal expenses. That said, the terms in most business card applications state that you should use the card only for business use. Also, some consumer credit card protections do not apply to business cards. My advice: don't use the card for personal expenses if you're not comfortable doing so.
Keep in mind that Barclays can be a bit difficult in terms of approvals compared to other issuers. Still, this offer is awfully low-hanging fruit if you can get approved.
H/T: Doctor of Credit