The Best Business Credit Cards

Get Started With Chase Ink Business Preferred

Total Rating	4.1
Rewards & Perks4.5
Rates & Fees3.4 Rates 3.4 Fees 3.4
Features5.0
Eligibility Requirements2.4
Customer Service4.5
User Reviews3.7 User Feedback 4.0 Review Sites 3.6

Annual Fee

$95

Minimum Recommended Credit

Good

Rewards Rate

3 or 1 point per dollar spent

Pros

3X points on several business purchase categories
Generous $1,000+ welcome bonus
All points worth 25% more when redeemed for travel
Free employee cards

Cons

$95 annual fee
Annual spending cap applies to the 3X points categories

Why We Chose Chase Ink Business Preferred As The Overall Best Business Credit Card

Between the 3X points you'll earn for your first $150,000 spent annually on common business expense categories, a welcome bonus worth $1,000 ($1,250 when redeemed for travel!), unlimited 1x on all other purchases, free employee cards, and a host of other business benefits, Chase Ink Business Preferred has something for just about every business owner. These competitive rewards, perks like travel and purchase protection, and an overall Merchant Maverick score of 4.1, put Chase Ink Business Preferred as our overall top business credit card for its well-rounded benefits and reward flexibility.

Chase Business Ink Preferred Rewards

Chase Business Ink Preferred offers the following rewards structure:

3X points on your first $150,000/year on travel, shipping purchases, internet/cable/phone services, and advertising purchases
5X points on Lyft rides
Unlimited 1X points on all other purchases
100,000 bonus points if you spend over $8,000 in your first three months

Points are worth 25% more when redeemed for travel and each point you earn can be transferred at full 1:1 value to Chase’s airline and hotel partner programs.

Chase Business Ink Preferred Fees

Though the Ink Business Preferred does carry a $95 annual fee, you’ll fully offset this if you spend over $3,166.66 per year on the 3X earning categories — a threshold most businesses can easily surpass. While some cards on this list have no annual fees, Chase’s fee is still competitive compared to others like Amex’s Business Gold Card which has a $295 annual fee.

Here are the fees you’ll find:

Annual fee: $95
APR: 21.24%–26.24%, variable
Foreign transaction fee: None
Late payment fee: $40

When To Choose The Chase Business Ink Preferred Card

If you want competitive rewards on all purchases
If you have good to excellent credit
If you want purchase and travel protection for your business (including roadside assistance, trip cancellation isnurance, and more)
If you want free employee cards
If you need a card with no foreign transaction fees

Get Started With American Express Business Gold Card

American Express Business Gold Card: Best For Custom Rewards

American Express Business Gold Card	Visit Site

Annual Fee

$295

Minimum Recommended Credit

Good

Rewards Rate

4 or 1 points per $1 spent

Pros

4X points on your two highest spending categories
70,000 point welcome bonus
Luxury travel perks
QuickBooks integration

Cons

$375 annual fee
$50 annual fee for the first employee card you order

Why We Chose Amex Business Gold Card As The Best For Custom Rewards

According to our study on major credit card issuers, American Express is the third most popular credit card issuer, and when it comes to the American Express Business Gold card, it's easy to see why. With a hefty 4X points offered in the two purchase categories that you do most of your business spending in, this card allows users to get the biggest rewards bang for their spending. Amex also offers other perks like a generous welcome bonus, a QuickBooks integration, purchase protection, and expense management tools, and more.

Amex Business Gold Card Rewards

This card tailors your bonus points to your particular business spending patterns. You’ll earn 4X points on your first $150,000/year in combined spending on your top-two highest spending centers from among these categories:

Airfare purchased directly from airlines
Advertising purchases on TV, online, and radio
Gas purchases at US gas stations
Restaurant purchases at US venues, including takeout and delivery
Technology purchases, including computer hardware, software, and cloud solutions
Shipping purchases

You’ll earn 1X points on all other purchases and on any purchases in these categories over the $150K annual spending cap.

You’ll also get 70,000 bonus points after you spend $10,000 on purchases in your first three months.

Amex Business Gold Card Fees

Unfortunately, Amex has raised it’s already expensive annual fee from $295 to $375, making this cards fees much less competitive than some others on this list. However, you can earn a $395 statement credit on eligible purchases, which could make up for that hefty annual fee.

Here are all the fees you’ll find:

Annual fee: $375
Pay Over Time APR: 19.49%–28.49%, variable*
Foreign transaction fee: None
Late payment fee: $39 or 2.99% of the past-due amount, whichever is greater

*This card is technically a charge card, but when you use Pay Over Time, the card resembles a traditional credit card

When To Choose The Amex Business Gold Card

If you want to max your purchase rewards on customizable spending categories
If your spending habits offset the $395 annual fee
If you need a card with no foreign transaction fees

Spark Cash Select From Capital One: Best For Flat-Rate Rewards

Spark Cash Select From Capital One

Get Started With Spark Cash Select From Capital One

Total Rating	4.6
Rewards & Perks5.0
Rates & Fees4.6 Rates 4.1 Fees 5.0
Features5.0
Eligibility Requirements2.6
Customer Service3.5
User Reviews3.6 User Feedback 3.0 Review Sites 3.8

Annual Fee

Minimum Recommended Credit

Good

Rewards Rate

Unlimited 1.5% cash back

Pros

Unlimited 1.5% cash back on every purchase
$750 welcome bonus
No annual fee
Travel benefits

Cons

Good credit required

Why We Chose Capital One Spark 1.5% Cash Select As The Best For Flat-Rate Rewards

If your business spending isn't concentrated in any one particular category, the Capital One Spark Cash Select card may be for you with an unlimited 1.5% cash back on all purchases with multiple reward redemption options. Be aware that Capital One offers a similar card -- the Spark 2% Cash Plus-- with 2% cash back on all purchases and a higher early spend bonus. However, it carries a rather hefty $150 annual fee and doesn't let you carry a monthly balance. We decided to highlight the Spark Cash Select because it's a more practical card for most small business owners and has no annual fee.

Capital One Spark 1.5% Cash Select Rewards

The Capital One Spark Cash Select Card gets you an unlimited 1.5% cash back on all purchases and 5% cash back on hotel and rental car bookings made through Capital One Travel service.

Your welcome bonus will depend on whether you have good or excellent credit. If you have good credit. you’ll get 0% intro APR for 12 months when you open this card with Capital One. If you have excellent credit, you’ll get $750 in a welcome bonus if you spend $6,000 in the first three months.

Capital One Spark 1.5% Cash Select Fees

With no annual fees, the Capital One Spark 1.5% Cash Select card is highly competitive. We expect low fees and APR with a credit range of good to excellent, but other cards on this list still have much higher annual fees with the same credit requirement, making Capital One stand out in this regard.

Here are the fees you’ll see:

Annual fee: None
APR for good credit: 18.24%-24.24%, variable
APR for excellent credit: 18.49%- 24.49%, variable
Foreign transaction fee: None
Late payment fee: Up to $39

When To Choose The Capital One Spark Cash Select Card

If you want no annual fee
If you want a card with a flat 1.5% cash back reward system
You carry a regular credit card balance (otherwise, you could go for the Capital One Spark 2% Cash Plus card)

Ramp: Best Corporate Credit Card

Ramp

Total Rating	4.5
Rewards & Perks4.0
Rates & Fees5.0 Annual Fee 5.0 Other Fees 5.0
Features5.0
Eligibility Requirements5.0
Customer Service4.5
User Reviews4.5

Rewards Rate

Unlimited 1.5% cash back on all purchases

Annual Fee

$0 for the standard package, $12/user/month for Ramp Plus

Business Size

Corporations and LLCs with $75K+ in the bank

Why We Chose Ramp As The Best Corporate Card For Businesses

We chose Ramp as the best corporate card for businesses because of its unlimited virtual and physical cards, easy expense reimbursements, expense tracking, 1.5% cash back, and high credit limits. With Ramp, you'll also get partner rewards like discounts on popular business software and services. And if saving money is your goal, Ramp's lack of fees is a great benefit for businesses as well.

Ramp Rewards

Ramp’s rewards are the absolute highest in the corporate card scene, but the fact that there are no earning caps is a huge plus. With Ramp, you’ll get:

1.5% cash back on all purchases
Up to $175k worth of partner discounts and rebates on popular business software and services like QuickBooks, Hubspot, UPS, AWS, and more

Ramp Fees

When it comes to fees, it doesn’t get much better than Ramp. Ramp has little to no fees as you’ll see in the list below:

Annual fee: None
APR: Not applicable
Foreign transaction fee: $0
Late payment fee: Up to $0

When To Choose A Ramp Card

If you need a corporate card with no fees
If you want to capitalize on business and employee spending with a 1.5% unlimited cash back rate
If you need to manage employee spending and expense tracking
If you don’t want your credit score checked or to sign a personal guarantee
If you are a non-individual LLC with decent cash flow

Get Started With Ramp

American Express Blue Business Cash: Best Business Credit Card For 0% Intro APR

American Express Blue Business Cash

Get Started With American Express Blue Business Cash

Total Rating	4.3
Rewards & Perks4.2
Rates & Fees4.9 Rates 5.0 Fees 4.8
Features4.7
Eligibility Requirements2.4
Customer Service3.5
User Reviews3.5 User Feedback 3.0 Review Sites 3.7

Annual Fee

Minimum Recommended Credit

Good

Rewards Rate

2% cash back

Pros

Introductory 0% APR for 12 months
Flat 2% cash back rate on purchases
No annual fee
Free employee cards

Cons

Foreign transaction fee
2% cash back rate limited to your first $50K/year in purchases
Currently no welcome bonus

Why We Chose Amex Blue Business Cash Card For The Best 0% Intro APR

Introductory 0% APR periods aren't as common in the business credit card world as they are in the personal credit card industry, so it's noteworthy when you find any business credit card offering one, much less one offering a flat 2% cash back rate on purchases like with the American Express Blue Business Cash Card. This cash-back rate applies for your first $50k/year in business spending and then drops to 1% cash back. The cap is slightly lower than other competitors, but the flat 1% is a nice touch. Considering that the Blue Business Cash has no annual fee and a nice 0% APR period, it's still an excellent value for businesses with more modest spending and travel needs or who need a 12-month window with no APR.

Amex Blue Business Cash Card Rewards

The Amex Blue Business Cash card has the following rewards:

2% cash back on your first $50K/year in purchases
Unlimited 1% cash back thereafter
0% APR for the first 12 months
$300 statement credit if you spend $6,000 in the first three months

If you’ll need to carry a balance on your business credit card, check out the American Express Blue Business Cash card. You’ll have a full year before you’ll have to start paying interest on your monthly balance.

Amex Blue Business Cash Card Fees

Amex’s fees and APR rates are competitive for a business card. It’s not uncommon to see a 0% intro APR card have much higher APR rates when that window is over. Luckily for Amex Blue Business Cash card holders, the APR range is in line with other credit cards in this range and is not unfair by any means. The main drawback with this card is that it has a foreign transaction fee unlike some other cards on this list.

Here are the fees you’ll find:

Annual fee: None
APR: 18.49%–26.49%, variable
Foreign transaction fee: 2.7%
Late payment fee: Up to $39

When To Choose The Amex Blue Business Cash Card

If you want a generous 2% cash back on up to $50k
If you want to make and pay for a big purchase during the 0% APR period
If you want a fast application decision
If you need to spend beyond your credit limit with Amex’s Expanded Buying Power feature
If you don’t plan on having many foreign transactions

Brex : Best Business Credit Card For Startups

Brex

Total Rating	4.8
Rewards & Perks5.0
Rates & Fees5.0 Annual Fee 5.0 Other Fees 5.0
Features5.0
Eligibility Requirements3.4
Customer Service4.0
User Reviews4.1

Pros

Earn up to 8X points on business purchases
Valuable partner discounts
Travel rewards
No credit check or personal guarantee required

Cons

Strict eligibility requirements
Must make automatic daily repayments and make Brex your exclusive corporate card to earn the highest points rate
Can’t carry a balance month-to-month

Why We Chose Brex As The Best Business Credit Card For Startups

The Brex Card is a corporate credit card geared toward venture-backed startups. Brex makes it easy to order employee corporate cards, set spending limits, send reimbursements, and even require receipts and memos for employee purchases so you can easily track all of your expenses. While there are some steep eligibility startup-related requirements, you don't undergo a credit check when you apply (thus, no credit score requirements), nor do you have to sign a personal guarantee to get the card, so if you can't repay your bill, you won't be held personally liable, which is a big plus for startup owners.

Brex Rewards

If you make Brex your exclusive corporate card and you make automatic daily repayments, you’ll earn spending rewards at the following rates, with no cap on the amount of spending that earns these rates:

8X points on rideshare purchases (7X if you make monthly repayments)
5X points on travel purchases booked through Brex Travel (4X with monthly repayments)
4X points on restaurant purchases (3X with monthly repayments)
3X points on software purchases (2X with monthly repayments)
1X points on all other spending

If you don’t make Brex your only business card, you’ll only earn 1X points on all your purchases.

Brex Fees

Brex has competitive fees. Because Brex is a corporate card and not a traditional business credit card, you can’t carry a monthly balance meaning there are no APR rates to worry about factoring in.

Here are the fees you’ll find (or won’t find) with Brex:

Annual fee: None
APR: Not applicable
Foreign transaction fee: None
Late payment fee: None

When To Choose A Brex Card

If you are a startup business with no business credit score
If you who want to maintain legal separation between you and your business cards
If you need advanced employee card management
If you want to capitalize on employee and business spending with a competitive reward structure

Get Started With Brex

Spark Classic from Capital One: Best Business Credit Card For Fair Credit

Spark Classic from Capital One

Get Started With Spark Classic from Capital One

Total Rating	2.9
Rewards & Perks1.6
Rates & Fees3.2 Rates 1.4 Fees 5.0
Features5.0
Eligibility Requirements4.2
Customer Service4.0
User Reviews3.7 User Feedback 4.0 Review Sites 3.6

Annual Fee

Minimum Recommended Credit

Fair

Rewards Rate

Unlimited 1% cash back

Pros

Accepts fair credit scores
Unlimited 1% cash back
No annual fee

Cons

Low rewards rate
Very high APR

Why We Chose The Capital One Spark 1% Classic As The Best Business Credit Card For Fair Credit

Unsecured credit cards for fair credit borrowers aren't very common in the business credit card space. Thankfully, Capital One's Spark Classic fills that gap and is available to business owners with fair or average credit scores. While this card doesn't deliver the highest level of rewards, it features no annual fee and has an unlimited 1% cash-back rate with no earning cap. Plus, using this card boosts your business credit score, allowing you to seek more rewarding cards in the future.

Capital One Spark 1% Classic Rewards

While the Capital One Spark 1% Classic card doesn’t have as high of earning rates as other cards on this list, the flat 1% cash-back earning rate is still a great asset for business owners, especially considering that this card is for business owners who don’t have good credit.

With Capital One Spark 1% Classic you’ll get:

Unlimited 1% cash back on all purchases
Unlimited 5% cash back on hotel and rental car purchases made through the Capital One Travel service

Capital One Spark 1% Classic Fees

Capital One Spark 1% Classic has an enticing no annual fee, though you will find a high APR. The APR rate has dropped about half a percent since our last review, but the rate is still on the high end, so you’ll want to be careful about carrying a balance.

Here’s a breakdown of the card’s fees:

Annual fee: None
APR: 29.99%, variable
Foreign transaction fee: None
Late payment fee: Up to $39

When To Choose The Capital One Spark 1% Classic Card

If you have fair or average credit and can’t qualify for cards with lower APRs
If you want a flat 1% unlimited cash back rate
If you need to build your credit score responsibly so you can unlock better cards in the future

Get Started With Bank of America Business Advantage Unlimited Cash Rewards Secured

Bank of America Business Advantage Unlimited Cash Rewards Secured: Best Business Credit Card For Bad Credit

Bank of America Business Advantage Unlimited Cash Rewards Secured	Visit Site

Pros

Available to users with bad credit
Unlimited 1.5% cash back on all purchases
No annual fee
You may be able to upgrade to an unsecured card if your credit improves

Cons

$1,000 minimum security deposit required
High APR

Why We Chose Bank of America Business Advantage Unlimited Cash Rewards Secured As The Best For Poor Credit

The Bank of America Business Advantage Unlimited Cash Rewards Secured may have way too long of a name, but it provides an important service: it gives users with bad credit the ability to not only obtain a business credit card but also earn cash back at a 1.5% clip -- very impressive for a bad credit business card! As such, it's one of the best business credit cards for bad credit. Since this is a secured card, you will need to put down a $1,000 security deposit to use this card. While a secured card may not be ideal for every business, it's a great option if you have bad credit and don't qualify for anything else or are looking to build your credit score.

Bank of America Business Advantage Unlimited Cash Rewards Secured Rewards

Because the Bank of America Business Advantage Unlimited Cash Rewards Secured is a secured card, the company is able to offer better rewards than some other unsecured cards for bad or fair credit.

With this card, you’ll find the main perk you’ll find is unlimited 1.5% cash back on all business purchases.

The company no longer advertises a welcome bonus or intro offer for new users.

Bank of America Business Advantage Unlimited Cash Rewards Secured Fees

While BoA’s Advantage Unlimited Cash Rewards Mastercard Secured does have a high APR and is not ideal for carrying a monthly balance, the APR is still lower than Capital One’s Spark 1% Classic card for fair credit.

Here’s a breakdown of the card’s fees:

Annual fee: None
APR: 28.49%, variable
Foreign transaction fee: None
Late payment fee: $0 – $49 depending on your card balance

There is a 4% balance transfer fee as well.

When To Choose Bank of America Business Advantage Unlimited Cash Rewards Mastercard Secured

If you have poor credit and can’t qualify for a card with lower APR
If you are looking to build your business credit score and unlock better cards in the future
If you have $1,000 in funds available for the security deposit

Get Started With U.S. Bank Triple Cash Rewards Visa Business

U.S. Bank Triple Cash Rewards Visa Business: Best Business Credit Card For Balance Transfers

U.S. Bank Triple Cash Rewards Visa Business	Visit Site

Pros

Introductory 0% APR on purchases and balance transfers for 15 months
3% cash back on select business purchase categories
5% cash back on prepaid hotels and rental cars booked through U.S. Bank’s travel portal
No annual fee

Cons

Bonus cash back categories may not align with your business spending
Foreign transaction fee

Why We Chose U.S. Bank Triple Cash Rewards Visa Business As The Best For Balance Transfers

The U.S. Bank Triple Cash Rewards Visa Business card has a solid cash-back program, but the card's main highlight is its extended introductory APR that applies to both purchases and balance transfers. The 0% APR period lasts for 15 months, making this an ideal business credit card should you want to carry or transfer a balance. Other highlights of this card include its 3% cash back on select business purchase categories, its $500 welcome bonus, and its lack of an annual fee. All of these perks, put U.S. Bank Triple Cash Rewards Visa Business on the map as a great card if you need to make an pay for a large purchase or want to consolidate debt with a balance transfer.

U.S. Bank Triple Cash Rewards Visa Business Rewards

The U.S. Bank Triple Cash Rewards Visa Business has a solid rewards offering that is highly competitive with other small business credit cards — and it’s 15-month 0% intro APR window blows the already elusive 12-month 0% intro APR out of the water.

With this card, you’ll earn:

Unlimited 3% cash back on eligible purchases at gas and EV charging stations, office supply stores, cell phone service providers, and restaurants
Unlimited 5% cash back on prepaid hotels and rental cars booked through U.S. Bank’s travel portal
1% cash back on all other purchases
$500 welcome bonus after you spend $4,500 in your first 150 days
$100 annual statement credit for software service purchases

U.S. Bank Triple Cash Rewards Visa Business Fees

U.S. Bank Triple Cash Rewards Visa Business offers standard APR rates and a competitive $0 annual fee. The biggest downside is that the card’s foreign transaction fee is significantly higher than others on this list, so if you have many foreign transactions, you may want to look at the Chase Ink Business Preferred card instead.

Here are the main fees you’ll encounter with the U.S. Bank Triple Cash Rewards Visa Business card:

Annual fee: None
APR: Prime rate + 10.74% – prime rate + 19.74%, variable
Foreign transaction fee: 3%
Late payment fee: $40

The 0% APR period applies to balance transfers made during your first 30 account days. There’s also a 3% balance transfer fee applied to each transfer with a $5 minimum, so your balance transfer won’t be completely free.

When To Choose The U.S. Bank Triple Cash Rewards Visa Business Card

If you need to consolidate debt or transfer balances from another card
If you need to make a large purchase and want an extended 0% APR window to pay it off
If you don’t have many foreign transaction fees
If you the benefits of 15-months no APR outweighs paying a 3% balance transfer fee

Spark® Miles from Capital One®: Best Business Credit Card For Travel Rewards

Spark® Miles from Capital One®

Get Started With Spark® Miles from Capital One®

Total Rating	4.1
Rewards & Perks5.0
Rates & Fees2.8 Rates 1.4 Fees 4.2
Features5.0
Eligibility Requirements2.6
Customer Service3.5
User Reviews3.7 User Feedback 4.0 Review Sites 3.6

Annual Fee

$95 ($0 the first year)

Minimum Recommended Credit

Excellent

Rewards Rate

Unlimited 2 miles per $1 spent

Pros

Unlimited 2X miles on every purchase
Unlimited 5X miles on every hotel and rental car booked through Capital One Travel
Two free visits per year to Capital One’s airport lounge network or its partner lounge network
The annual fee is waived for the first year

Cons

Excellent credit required
$95 annual fee after the first year

Capital One Spark 2X Miles

Capital One's Spark Miles is an easy and practical way for frequent business travelers to earn miles, making this one of the best business credit cards for travel rewards that doesn't come with a massive annual fee. Cardholders nab two miles for every dollar spent on all purchases, with no minimums and no expiration dates. Plus, Capital One bumps up that earning rate to 5x if you book hotels and car rentals through its travel portal. There's also a generous 50,000 miles welcome bonus available.

Capital One Spark 2X Miles Rewards

The Capital One Spark 2x Miles card offers a competitive 2% unlimited cash back on all purchases that can be cashed in for travel rewards. With this card, you’ll get:

Unlimited 5X miles on travel booked through Capital One Travel
Unlimited 2X miles on all other business purchases
50,000 bonus miles after you spend $4,500 in your first three months
$100 fee credit for Global Entry or TSA PreCheck

You’ll also get unique travel rewards like two free visits per year to Capital One’s airport lounge network or its partner lounge network.

Capital One Spark 2X Miles Fees

Capital One’s Spark 2x Miles card is fairly average in terms of fees and APR. Neither are great, but neither are the highest we’ve seen. Although, if we’re being honest, I expected a lower APR rate for a card that requires excellent credit to qualify.

Here are the fees you’ll find:

Annual fee: $0 the first year; $95 after
APR: 26.24%, variable
Foreign transaction fee: None
Late payment fee: Up to $39

When To Choose The Capital One Spark 2X Miles Card

If you need competitive travel rewards
If you have excellent credit
If you want to additional travle perks like TSA PreCheck, room upgrades, and more
If you need no foreign transaction fees while for credit card use while traveling

Credit Card Review Methodology

Merchant Maverick has been researching and reviewing credit cards and credit card providers since 2018. Our writers have tested dozens of cards, evaluating rewards and perks, rates and fees, features, eligibility requirements, customer service, and user reviews. Read more about how we rate credit cards.

When comparing different cards, we consider many data points, including the relative cost of standard or extra fees, the range and value of benefits and perks offered, APR, availability, and credit score requirements. Our lists of the best cards include only those we’ve deemed worthwhile from multiple vantage points, and share qualities such as widespread accessibility, low APR, flexible rewards, and additional perks like employee cards.

We spend an average of 10-15 hours researching and updating each one of our lists, making sure the credit cards included meet our internal standards for quality and reputation.

How Do Business Credit Cards Work?

Business credit cards allow small business owners (and their employees) to make business purchases while keeping their business expenses separate from personal expenses.

Traditional business credit cards function by allowing business owners to make purchases based on their credit limit. The best practice is to pay off all purchases each month, otherwise, you’ll be subject to an annual percentage rate (APR) interest charge. If you do carry a balance, you’ll be required to pay off the purchase cost plus all accrued interest rate charges. As you make payments, your available credit limit will renew accordingly.

What To Look For In A Good Business Credit Card

A good business credit card will have:

Clear rates, fees, terms, and conditions
Perform soft credit pulls for pre-approval or fully disclose eligibility requirements beforehand
Have a reward structure that matches your business’s spending habits
Provide employee management and other business services like purchase protection and expense tracking
Competitive APR rates
24/7 customer service available, and a good track record for resolving payment disputes

Do I Need A Business Credit Score To Apply For A Business Credit Card?

Generally, you do need a business credit score in order to qualify for a business credit card. Without a business credit score, the traditional path is to get a secured business credit card that requires a security deposit until you’ve built your credit up enough to qualify for business credit cards with better rates and rewards.

However, corporate credit cards have disrupted this tradition by basing business card eligibility on business structure and cash flow rather than credit scores and personal guarantees. You won’t be able to carry a monthly balance with a corporate card, but you will get access to funds for business purchases and employee purchases (generally with higher credit limits). If you don’t have a business credit score yet, check out the best corporate credit cards to see your options.

How To Choose The Best Business Credit Card For Your Business

Choosing a business card can be overwhelming, but there are several considerations that can help you narrow down your choices and identify the perfect business credit card for your small business’s spending habits and needs.

Understand Your Credit Eligibility First

Knowing your business credit score is the first step in choosing a credit card. This way you can look for credit cards that fit your credit score range and rule out any that you don’t qualify for. If you don’t have the credit score for good or excellent cards, you’ll need to find a credit card for bad credit. Or, if you do have good credit, you’ll want to leverage this to access the best APR rates and credit limits rather than settling for a low score card or a secured card.

Choose Rewards That Match Your Business Needs

Think about how you’ve been spending money and how you picture that happening in the future. What kind of rewards scheme will best suit your business? Would you benefit most from a card with high cash back for certain spending categories, strong travel rewards, or a 0% intro APR window? Or would you like a flat-rate earning limit on all purchases to cover an array of business purchases?

The answers to these questions will significantly narrow down your search and help you identify the right business credit card for maximizing your spending rewards.

Don’t Forget To Look At The Card Fees

APR gets a lot of focus when it comes to credit cards (and rightfully so), but don’t forget to take other card fees into consideration as well. Something seemingly small, such as zero foreign transaction fees or no-cost employee cards, can make a big difference, depending on how you plan to use the card.

Consider Extra Card Benefits

A business credit card may offer benefits beyond basic rewards, such as extended warranties, purchase protection, travel insurance, TSA PreCheck, and much more. If you’re trying to decide between two cards with similar base rewards, check their additional benefits to help make your decision easier.

How To Apply For A Business Credit Card

When you’re ready to apply for a business credit card, you can make the application process a little easier by gathering some information in advance. Our step-by-step guide to applying for a business credit card can help you do this.

Standard information required on a business credit card application may include the following:

Business’s legal name, physical address, and phone number
Tax ID number (also known as Employer Identification Number or EIN)
Type of business
Business structure
Annual revenue for your business
Estimated monthly business spending
Business age
Your role in the business
Number of employees
Your personal information, including name, address, phone number, date of birth, and Social Security number

Generally, you’ll fill out a smaller pre-qualification application on the company’s site for an initial decision and will be prompted to add more detailed information once you agree to the pre-approval letter.

For more small business credit card help, check out our popular content on improving your credit score, understanding variable APR, or learn how to start accepting credit card payments.

Business Credit Card FAQs

Do you need an EIN for a business credit card?

You do not necessarily need an EIN to apply for a business credit card. If your business operates as a sole proprietorship, you can be approved using just your own Social Security number. Small businesses with a more complex structure, such as LLCs, will need an EIN, and even sole proprietorships will be able to receive better access to credit if they are officially structured with an EIN.

Do credit cards hurt small businesses?

Having a business credit card can help a small business if you choose the right card and use it properly. A business credit card allows you to build your business credit profile, offers rewards, such as travel perks or cash back to help your business grow, and offers terms your business can meet. Plus, a strong business credit score can help you qualify for small business loans.

Can I use a personal credit card to fund a business?

Yes, you can use a personal credit card for business expenses. Just make sure you’re using a separate credit card to fund your business — don’t commingle your personal and business expenses on the same card. If you get audited, you might have a hard time proving to the IRS that your claimed business charges are genuine.

What credit score is needed to apply for a business credit card?

The better your business credit score, the better your credit card rates. However, you don’t need a specific business credit score to qualify. Each type of credit card has different credit score requirements, so you can find an option for all credit types.

Can you get a business credit card without income?

If you’re applying for a secured business credit card, the issuer may not perform a credit check. So technically, you could be approved without showing proof of income. However, getting a business credit card with no income is a risky gamble as it could impair your ability to pay off your card purchases.

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Jason Vissers

Senior Staff Writer at Merchant Maverick

Jason has been writing about small business software platforms, services, and financing since 2015. Jason’s expertise has been featured in Yahoo Finance, Time/NextAdvisor, Home Business Magazine, CreditCards.com, GoBankingRates, TheLadders.com, and other publications. He has a bachelor’s degree in Political Science from San Diego State University and currently lives in Philadelphia, Pennsylvania.

@jvizz_mm

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1. Chase Ink Business Preferred

❮ ❯

Overall best business credit card
Earn 3X points on your first $150K/year in spending on several business expense categories + a generous welcome bonus
Good to excellent credit recommended

2. American Express Business Gold Card

❮ ❯

Best business credit card for custom rewards
4X points on your two highest spending categories
Good to excellent credit recommended

3. Spark Cash Select From Capital One

❮ ❯

Best business credit card for flat-rate rewards
1.5% cash back on every business purchase
Good to excellent credit required

4. Ramp

❮ ❯

Best corporate credit card
1.5% cash back
No credit requirements, but strict equity investment, company size, or revenue requirements apply

5. American Express Blue Business Cash

❮ ❯

Best business credit card for 0% intro rate
2% cash back on your first $50K/year in purchases
Good to excellent credit recommended

6. Brex

❮ ❯

Best business credit card for startups
Up to 8X rewards on select business categories if you make daily repayments
No credit requirements, but strict equity investment, company size, or revenue requirements apply

7. Spark Classic from Capital One

❮ ❯

Best business credit card for fair credit
Unlimited 1% cash back on all purchases
Fair credit required

8. Bank of America Business Advantage Unlimited Cash Rewards Secured

❮ ❯

Best business credit card for bad credit
Unlimited 1.5% cash back
Bad credit + $1,000 security deposit required

9. U.S. Bank Triple Cash Rewards Visa Business

❮ ❯

Best business credit card for balance transfers
Unlimited 3% cash back on select business purchase categories
Good to excellent credit recommended

10. Spark® Miles from Capital One®

❮ ❯

Best business credit card for travel rewards
2X miles on every purchase; 5X miles on hotels & rental cars booked through Capital One
Excellent credit required