In today’s fast-paced business environment, entrepreneurs and small business owners are constantly looking for ways to streamline expenses, maximize rewards, and improve cash flow. One tool that often flies under the radar is the Nordstrom Credit Card, traditionally associated with personal shopping. But could it also be a smart financial tool for business owners? Let’s dive into the details.

Why Consider the Nordstrom Credit Card for Business?

At first glance, a store credit card might not seem like the most practical choice for business expenses. However, the Nordstrom Credit Card—particularly the Nordstrom Visa® version—offers perks that could align with certain business needs.

Key Features of the Nordstrom Credit Card

1. Rewards Program

   • Earn 3 points per $1 spent at Nordstrom, Nordstrom Rack, and HauteLook.
   • Earn 1 point per $1 spent everywhere else (with the Nordstrom Visa).
   • Points can be redeemed for Nordstrom Notes, which function like store credit.

2. Anniversary Bonus

   • Cardholders receive a $40 Nordstrom Note annually after the first year.

3. No Annual Fee

   • Unlike many business credit cards, the Nordstrom card doesn’t charge an annual fee.

4. Special Access

   • Early access to Nordstrom’s Anniversary Sale and exclusive shopping events.

How Business Owners Can Benefit

1. Corporate Gifting and Employee Rewards

Nordstrom is known for its high-quality merchandise, making it a great option for corporate gifting. Business owners can use the card to purchase:
- Luxury gift boxes
- Tech accessories
- Apparel for client meetings

Redeeming points for Nordstrom Notes can also help offset costs for employee incentives.

2. Tax-Deductible Purchases

If your business requires professional attire (e.g., consulting firms, real estate agencies), Nordstrom’s selection of workwear could be a smart investment. Business-related clothing purchases may be tax-deductible, and using the Nordstrom card ensures you earn rewards on those expenses.

3. Travel and Dining Perks (Nordstrom Visa Only)

The Nordstrom Visa earns 1 point per $1 on all purchases outside Nordstrom, including:
- Business travel (flights, hotels)
- Client dinners
- Office supplies

While not as robust as dedicated travel cards, the flexibility can be useful for entrepreneurs who frequently mix personal and business spending.

Potential Drawbacks

1. Limited Business-Specific Benefits

Unlike traditional business credit cards (e.g., Chase Ink Business Preferred® or American Express Business Gold), the Nordstrom card lacks:
- Higher cash-back rates on office supplies or advertising
- Employee card management tools
- Detailed expense tracking

2. High APR (21.24% - 29.49% Variable)

Carrying a balance can be costly, making this card less ideal for businesses that rely on credit for cash flow.

3. Restricted Redemption Options

Nordstrom Notes are only usable at Nordstrom properties, limiting flexibility compared to cash-back or travel rewards.

Who Should Get This Card?

Best For:

• Small business owners who frequently shop at Nordstrom for workwear or gifts.
• Entrepreneurs who value luxury retail perks over traditional business rewards.
• Side hustlers who want a simple rewards card without an annual fee.

Not Ideal For:

• Businesses with high non-retail expenses (e.g., manufacturing, logistics).
• Companies needing advanced expense tracking.
• Startups relying on credit for operational costs.

Alternatives to Consider

If the Nordstrom Credit Card doesn’t fully meet your business needs, here are some alternatives:

1. Chase Ink Business Preferred®

• 3X points on travel, shipping, internet, and advertising.
• 25% bonus when redeeming through Chase Ultimate Rewards®.

2. American Express® Business Gold Card

• 4X points on top two spending categories (up to $150,000 annually).
• Flexible redemption options.

3. Capital One Spark Cash Plus

• 2% cash back on all purchases.
• No preset spending limit.

Final Thoughts

The Nordstrom Credit Card won’t replace a dedicated business credit card for most entrepreneurs, but it can be a valuable supplementary tool—especially for those who already shop at Nordstrom for business needs. If you’re looking for a simple rewards card with no annual fee and enjoy Nordstrom’s retail ecosystem, it’s worth considering.

For businesses with broader spending categories, however, a traditional business credit card will likely offer better long-term value.