What is the best credit card for remote workers?
The Wells Fargo Active Cash is the best overall credit card for remote workers because it earns unlimited 2% cash back on every purchase -- including home internet, office furniture, coffee shop visits, food delivery, and coworking memberships. There are no categories to track, no annual fee, and it includes cell phone protection for your work phone.
Can remote workers deduct home office expenses?
Self-employed remote workers and freelancers can deduct home office expenses including internet, phone service, office furniture, and a portion of rent or mortgage. W-2 remote employees generally cannot deduct home office expenses on federal taxes since the Tax Cuts and Jobs Act of 2017, though some states allow it. Using a dedicated card for work expenses simplifies tracking regardless of your employment status.
What is the best credit card for digital nomads?
The Capital One Venture X is the best card for digital nomads because it has no foreign transaction fee, earns 2x miles on everything, provides Priority Pass lounge access for working between flights, and includes a $300 annual travel credit. The lounges effectively serve as free coworking spaces in airports worldwide.
What is the best card for coffee shop spending?
The Citi Custom Cash automatically earns 5% on your top spending category each billing cycle. If coffee shops and cafes are your highest spend, you will earn 5% on those purchases automatically with no activation required. This is capped at $500 per billing cycle, which covers most remote workers' cafe spending.
Do I need a business card if I work remotely?
W-2 remote employees generally do not need a business credit card -- a personal card with good rewards on internet, dining, and everyday spending is sufficient. Freelancers and self-employed remote workers benefit from business cards to separate work and personal expenses for tax purposes. If you are unsure, start with a strong personal card and add a business card when your freelance income becomes significant.
What is the best card for home office equipment?
The Wells Fargo Active Cash earns 2% on all purchases including desks, monitors, ergonomic chairs, webcams, and other home office equipment with no spending cap. For a higher rate on specific office supply store purchases, the Ink Business Cash earns 5% at office supply stores, which may include tech retailers depending on how purchases are coded.
What is the best no-fee card for remote workers?
The Wells Fargo Active Cash and Chase Freedom Unlimited are both excellent no-fee options. The Active Cash is better for simple flat-rate rewards at 2% on everything. The Freedom Unlimited is better if you spend heavily at coffee shops and restaurants (3% dining) and want the option to transfer points to travel partners through the Chase ecosystem.
What is the best card for internet and phone bill rewards?
For personal cards, the Wells Fargo Active Cash earns 2% on internet and phone bills. For business cards, the Ink Business Cash earns 5% on internet, cable, and phone services up to $25,000 per year. If internet and phone are your biggest monthly bills, the Ink Business Cash provides significantly more value despite requiring a business to apply.
