Barclays (NYSE:BCS) and US Airways (NYSE:LCC) have teamed up to offer small-business owners a new way to earn travel rewards on their everyday business purchases.
The new US Airways Dividend Miles MasterCard BusinessCard will be offered either with a fee or without. The BusinessCard with a $79 annual fee comes with up to 25,000 bonus miles, enough for a free domestic round-trip ticket. Other rewards include two miles for every dollar spent on all US Airways purchases, one mile for every dollar spent on all other purchases, and extra miles for purchases made at US Airways merchant partners.
The no-fee version of the new BusinessCard gives cardholders one mile for every dollar spent at US Airways and one mile for every $2 spent elsewhere.
Small-business owners can apply for up to $50,000 in credit. In addition, they can access simplified expense management, spend tracking, and other reporting tools. Free additional cards for employees are also available.
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