Best Business Credit Cards With No Personal Guarantee Requirement

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

Pros

No personal guarantee
Straightforward 1.5% cash back rate
Low fees
Algorithm-driven insights that can help save money

Cons

Available only to US-based corporations and LLCs
High cash-on-hand requirements

Why We Chose Ramp As The Best Corporate Card With No Personal Guarantee

There's a reason why we consider Ramp to be one of the best corporate credit cards. The company offers an exceptionally strong corporate card and expense management platform -- all without requiring a personal guarantee or charging any fees whatsoever. On top of requiring no personal guarantee to qualify, the Ramp corporate card sets itself apart by offering a straight 1.5% cash back on all purchases. What's more, Ramp's automatic savings alerts can help you save money on unclaimed rewards, duplicate subscriptions, and other areas where your business may be leaving money on the table.

Ramp Rewards & Benefits

You’ll earn 1.5% back across the board on all purchases made with your Ramp card. Rewards are redeemable in the form of a statement credit.

You’ll also gain access to $175,000 in exclusive Ramp partner rewards with services like Slack and Amazon Web Services, bill payment, a savings insight tool that helps companies cut costs and limit unnecessary spending, and many integrations with other business apps.

The Ramp card is a charge card, which normally means you can’t carry a balance. However, with Ramp Flex, you can use financing to repay a bill in 30, 60, or 90 days. However, Ramp Flex currently has a waitlist and has not been rolled out to all users.

Ramp Fees

With Ramp’s standard subscription plan, you’ll pay no fees whatsoever. There are no annual fees, late fees, foreign transaction fees, etc. The only fees a standard Ramp customer will ever face are those associated with Ramp Flex financing, which is an optional service.

If you opt for Ramp Plus instead, you’ll pay $12/user/month. As for Ramp Enterprise, pricing for that is quote-based.

When To Use Ramp

You want a flat cash-back spending structure on all purchases instead of managing custom spending categories
You need expense management features and automated savings insights
You want a corporate card with no monthly, annual, or foreign transaction fees
You have at least $75k cash on hand in order to qualify for Ramp

Get Started With Ramp

Revenued Business Card: Best For Poor Credit

Revenued Business Card

Get Started With Revenued Business Card

Annual Fee

Minimum Recommended Credit

N/A

Rewards Rate

3% cash back on eligible purchases

Pros

No personal guarantee or credit check
Unlimited 3% cash back on all purchases
No annual fee

Cons

No spending rewards
Can’t build your credit with card use
Factoring costs can be high

Why We Chose Revenued As The Best Credit Card With No Personal Guarantee For Bad Credit

Technically, Revenued's Business Card is not a business credit card. Rather, it is a prepaid spending card tied to your future business revenue. You'll get a flexible line of credit, with your future sales being your collateral. Because of this, Revenued has no personal guarantee or credit score requirements. In fact, your credit won't be checked at all. While Revenued no longer offers cash back, it still offers business owners with poor credit (or no credit at all) the chance to access more funding than they would otherwise qualify for from most lending institutions.

Revenued Rewards & Benefits

Unfortunately, Revenued no longer offers cash back for your business spending.

While this hurts Revenued’s overall value proposition, it remains a decent financing option for businesses that a) have poor credit and b) don’t qualify for a competing corporate credit card option.

Revenued Fees

With Revenued, instead of paying interest on what you borrow, you’ll pay a fixed factor rate. Our explainer piece on invoice factoring further details this process, and our merchant cash advance calculator can help you understand what different factor rates mean in terms of your borrowing costs

Revenued charges a fixed factor rate that varies between 1.1 and 1.5. Your particular factor rate will depend on your business history, revenue history, bank balance, and other variables.

The Revenued card costs more to use than most of the business credit cards listed here. However, it’s more accessible than many other no PG card options.

The card also carries no annual fee.

When To Use Revenued

You have poor credit and don’t qualify for corporate cards
You value having no personal guarantee more than purchase rewards
You are prepared for a card with a factor rate fee structure
You would rather use future business sales as collateral than personal assets via a PG

Brex : Best For Cash Back

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

No personal guarantee
Up to 8x points on rideshares
Spend management and bill pay features
Flexible credit limit

Cons

Strict eligibility requirements
Must make Brex your exclusive corporate card for high rewards rates
Eligibility requirements for monthly payments are especially high

Why We Chose Brex As The Best No Personal Guarantee Credit Card For Cash Back

The Brex corporate card offers the highest rewards rates of all the cards on this list, but only if you make this card your only business credit card and pay off your balance daily. You can earn up to 8x points per dollar spent with Brex, with a minimum of 1x earning on every purchase. You'll also get a host of other business features geared toward the needs of investor-backed startups. All this for a card with no personal guarantee requirement and no credit check requirement.

Brex Rewards & Benefits

The Brex card features a rewards scheme with 8x points for ridesharing apps and taxis, 5x on travel, 4x at restaurants, 3x on Apple products, 3x on recurring software subscriptions (or 1.5x on advertising purchases), and 1x on everything else.

To earn points at these rates, you’ll need to pay off your Brex card daily and use Brex as your only corporate card. If you pay monthly, your rewards rate will be 1x lower for each category (7x on rideshares, 4x on travel, etc.). And if you don’t qualify for the exclusive program, you’ll just earn an unlimited 1 point per dollar spent.

Additional reward options are available for life science companies and certain businesses that seek custom flat-rate rewards.

Use your points to pay for travel expenses, redeem them for gift cards, or take them back in cold, hard cash. The Brex fintech platform also offers spend management, automated bill pay, partner rewards, a mobile app, and much more.

Brex Fees

With a Brex Essentials account, you’ll be charged no fees whatsoever — no annual fees, late fees, ACH fees, or foreign transaction fees.

Brex now offers two additional subscription tiers: Premium and Enterprise. With Premium, you’ll pay $12/user/month and get such features as custom expense policies and custom procurement workflows.

With Enterprise, you’ll also get local cards/billing in 50+ countries and locally-funded payments in 40+ countries, among other features. Pricing for Enterprise is quote-based.

When To Use Brex

Your corporation spends a lot on Brex’s high-earning categories, like rideshares and travel
Your startup has received equity investment and you want an exclusive corporate card
You are ready to make Brex your only corporate card to unlock the highest rewards

Get Started With Brex

Coast: Best For Trucking Businesses

Coast	Visit Site

Pros

No personal guarantee
Can be used at any gas station/truck stop
Spend controls + expense tracking
No hidden fees

Cons

Limited rewards
$4 monthly fee per active card
Only usable at gas stations

Why We Chose The Coast Fleet Card As The Best No PG Card For Trucking Businesses

If fuel costs are a major part of your business expenses, the Coast card may help you run your business more efficiently. Unlike the other cards in this article, the Coast card is a fleet card -- a specialized payment instrument that helps trucking businesses save money on the cost of fuel and maintenance while monitoring employee spending. While many gas credit cards are specific to certain brands of gas stations, the Coast fleet card can be used at fuel stations nationwide with no personal guarantee required.

Coast Card Rewards & Benefits

You’ll receive a discount of 2 cents per gallon of fuel purchased with the Coast card, plus 1% cash back on all non-fuel purchases. You’ll also get access to a number of Coast partner benefits, such as a 10% discount on maintenance and oil changes at Jiffy Lube and a 30% discount on QuickBooks products for 6 months, and higher cents per gallon rewards at certain locations.

Coast also offers the unique ability to integrate with your fleet GPS tracking for expanded security and expense management like automatically denying transactions where vehicle location and card location don’t match.

Coast Card Fees

Coast charges a fee of $4 per active card per month. This fee is charged only to cards that have a completed transaction during the billing period.

When To Use Coast

You have a trucking company and you want to maximize rewards on fuel and other employee purchases
You want advanced employee management and security features specific for trucking businesses
You want to customize spend controls by vehicle and/or driver

Get Started With Coast

Get Started With Sam's Club Business Mastercard

Sam's Club Business Mastercard: Best No PG Wholesale Club Card

Sam's Club Business Mastercard	Visit Site

Annual Fee

$0 (requires a Sam's Club membership)

Minimum Recommended Credit

Excellent

Rewards Rate

5%, 3%, or 1% cash back

Pros

No personal guarantee for large businesses
The card doubles as your Sam’s Club membership card
5% back in Sam’s Cash on up to $6,000 in fuel purchases annually

Cons

700+ personal credit score required
Must have at least $5 million in annual business revenue to waive the personal guarantee requirement
Rewards can only be used at Sam’s Club

Why We Chose The Sam's Club Business Credit Card As The Best No PG Wholesale Club Card

The Sam's Club Business Credit Card is a solid business credit card for business owners who a) are current Sam's Club members or b) are willing to pay a membership fee to become one. This card sports some impressive spending rewards. Of course, these rewards come in the form of Sam's Cash, which can only be used on Sam's Club purchases. If you make frequent business purchases at Sam's Club, this card can be a good fit for your business.

Sam's Club Business Credit Card Rewards & Benefits

If you like Sam’s Club, this card’s rewards scheme can benefit your business:

Earn 5% back in Sam’s Cash on your first $6,000 in fuel purchases annually (1% thereafter)
Earn 3% back in Sam’s Cash on all Sam’s Club purchases (Sam’s Club Plus members only)
Earn 3% back in Sam’s Cash on dining and takeout
Earn 1% back in Sam’s Cash on all other purchases

Currently, you can also get a $30 welcome bonus after making $30 in Sam’s Club purchases on the card in your first 30 days.

Sam's Club Business Credit Card Fees

The card itself carries no annual fee, but you need to be a Sam’s Club member to get it. A standard Sam’s Club membership costs $50/year, while a Sam’s Club Plus membership (which, among other things, gets you a higher rewards rate on card purchases at Sam’s Club) costs $110/year.

Unlike the other cards on this list, the Sam’s Club Business Credit Card is not a charge card — you can carry a monthly balance. Your variable APR will be either 20.90% or 28.90%, and the minimum interest charge is $2.

To waive the card’s personal guarantee requirements, your business will need at least $5 million in annual revenue, a minimum of two years of operating history, and more than ten employees.

When To Use The Sam's Club Business Mastercard

You do a lot of business spending at Sam’s Club
You want a no pg credit card where you can carry a monthly balance
Your business meets the strict criteria required to waive the personal guarantee including a 700+ credit score
Your business requires lots of road travel and you’re a Sam’s Club member

Stripe Corporate Card: Best For New Businesses

Stripe Corporate Card

Get Started With Stripe Corporate Card

Annual Fee

Minimum Recommended Credit

N/A

Rewards Rate

1.5% cash back

Pros

No personal guarantee
Unlimited 1.5% cash back
No fees
Finance software integrations

Cons

Automatic payment required
Must use Stripe for payment processing
The card is still in limited beta

Why We Chose Stripe As The No PG Business Credit Card For New Businesses

Stripe offers newer businesses that use the company's payment processing services a chance to apply for a corporate credit card without signing a personal guarantee. With discounts on useful services and integrations with financial software platforms like QuickBooks and Xero, Stripe can help your business get started on the right foot. We particularly like the fact that you can get a credit line that grows with your business.

Stripe Corporate Card Rewards & Benefits

Use the Stripe corporate card, and you’ll earn a flat, unlimited 1.5% cash back on every business purchase. Your rewards balance will be automatically credited to your balance each month.

Stripe also does not offer additional redemption options, such as airfare points or gift cards.

Additional special offers are available to Stripe Corporate customers from about 20 partner companies. These include discounts and credits, such as 25% off an annual Slack subscription, three months free with Gusto and Guideline, and $5,000 in AWS credits.

You can also earn a higher rewards rate on spending with select partners, such as 5% cash back on purchases with Kasa and Snap or 50% cash back on 1Password spending.

Limits apply to the amount of spending that will earn you cash back at these rates.

Stripe Corporate Card Fees

Stripe’s corporate card comes with no fees whatsoever — no annual fees, no late fees, and no foreign transaction fees.

Of course, there’s no APR to worry about, as Stripe’s card is a charge card — you can’t carry a monthly balance.

When To Use The Stripe Corporate Card

You already use Stripe’s payment processing services
You want a flat 1.5% cash back reward structure
You want a card with no monthly, annual, or foreign transaction fees
You understand that the product is still in beta and you must request an invite to apply

Corporate Card Review Methodology

We spend hours researching and evaluating each corporate card that we review at Merchant Maverick, placing special emphasis on key characteristics to generate our ratings.

Weighted Rating Breakdown

Rewards & Perks 40%

Rates & Fees 25%

Features 20%

Eligibility Requirements 5%

Customer Service 5%

User Reviews 5%

When rating corporate cards, we use a 15-point rubric that looks at rewards and perks, rates and fees, features, eligibility requirements, customer service, and user reviews. We weigh each section differently to calculate the total star rating.

Rewards & Perks: 40% of the total star rating
Rates & Fees: 25% of the total star rating
Features: 20% of the total star rating
Eligibility Requirements: 5% of the total star rating
Customer Support: 5% of the total star rating
User Reviews: 5% of the total star rating

Note: We use a different credit card rating methodology to evaluate traditional business credit cards, as they often differ from corporate cards in benefits, qualifications, and use cases.

Each section is further broken down into granular, weighted subsections, in which we examine specific attributes like cash back and spending rewards, reward redemption options, annual fees, employee card access, extra perks and features, credit score and revenue requirements, customer support options, and the overall reputation of the corporate card issuer.

Read more about our corporate card rating methodology.

What's The Benefit Of Getting A No Personal Guarantee Business Credit Card?

We’ve already mentioned the main benefit of getting a business credit card without a personal guarantee — you won’t be held personally liable for your business’s debt, no matter what happens to your business.

However, these cards carry some other advantages to consider — and a few drawbacks as well.

The Advantages Of A No PG Business Credit Card

If your business fails and you can’t pay off your balance, the credit card issuer can’t seize your personal assets
Many credit cards that lack a personal guarantee are corporate credit cards, which typically give you features like spend management and business software integrations
Some of these cards don’t even check your personal credit when you apply, and rely on other metrics like annual revenue instead

The Disadvantages Of A No PG Business Credit Card

Many cards require your business to be a corporation or LLC — non-incorporated businesses will have a smaller set of options
Some business credit cards have high cash-on-hand or annual revenue requirements and are difficult for startups or smaller businesses to obtain
Since most business credit cards require a personal guarantee, it may be hard to find a credit card that both a) doesn’t require one and b) offers a rewards-earning structure that fits your business spending
Some business credit cards without a personal guarantee will initially require you to make daily repayments

Types Of Credit Cards With No Personal Guarantee

Generally speaking, business credit cards that don’t require a personal guarantee come in three forms:

Corporate credit cards (like Ramp and Brex)
Specialized store-branded credit cards (like the Sam’s Club Business Mastercard)
Fuel/fleet cards (like Coast)

Now, these three credit card types target different markets — corporate cards target sizable corporations or some startups, store-branded credit cards target businesses that spend with the store in question, and fleet cards target trucking businesses.

The right type of no personal business credit card for your business is going to depend on your business structure, spending patterns, and business revenue (for example, most corporate cards require substantial annual revenue or proof of equity investors).

How To Get A No Personal Guarantee Business Credit Card

For most small business owners, getting a company credit card without a personal guarantee probably won’t be a walk in the park. That said, the relative lack of card options without a personal guarantee doesn’t mean it’s impossible.

The Small Business Association says that about one-third of businesses with employees will fail within their first two years. That’s why credit card issuers are leery of extending credit to small businesses without a proven track record. This is why most issuers of business credit cards require a personal guarantee in the first place.

To get a card with no personal guarantee you’ll need to prove your:

Financial stability
Consistent spending patterns
Possible funding resources like equity investors if you’re a startup

Don’t Qualify For A Business Credit Card Without A Personal Guarantee? Your Next Best Options

Many no PG business credit cards have stringent qualification criteria. If you can’t find a business credit card that works for you, you might look for a secured credit card instead. Since these cards require you to post a security deposit, they are relatively easy to obtain.

Using a secured credit card responsibly can help improve your credit, thus qualifying you for better credit card options in the future. It’s one of the best ways to improve your credit score.

You might also look into the top business credit cards for borrowers with bad credit if your credit score is a limiting factor in your search for a business credit card.

Finally, if you’re thinking about how to get a corporate credit card, know that although the requirements may be tough to meet, you’ll also get benefits not commonly offered by normal business credit cards, such as custom spend management, integrations with time tracking and accounting software, and other exclusive business perks. And with the rising popularity of fintech companies, more and more card issuers are making corporate cards a viable option for businesses of all types and sizes.

So, while it may take a bit more work to find the right option, you can find a business credit card while sticking to your guns of not wanting to sign a personal guarantee.

FAQs: No Personal Guarantee Business Credit Cards

How can I open a business credit card without personal credit?

You can open a business credit card without personal credit in two ways.

You can apply for a business credit card that does not require a personal credit check or guarantee.
You can apply for a secured business credit card, which requires you to make a deposit that will equal your credit limit.

Use a secured credit card responsibly, and your credit profile will grow, enabling you to qualify for better business credit cards in the future.

What credit score is needed for a business credit card?

Most credit card issuers will look for a credit score of 600 or above. However, people with lower scores might qualify for a secured business credit card or another card designed for borrowers with poor credit.

If I have a business credit card with no personal guarantee and I can't pay the balance, are my assets safe?

If you did not sign a personal guarantee when applying for your credit card and you can’t pay your balance later on, your personal assets will be safe from being seized. However, your business assets may still be seized.

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Jason Vissers

Expert Contributor 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. Ramp

❮ ❯

Best corporate card with no PG
1.5% cash back on all purchases
Must be a corporation or LLC with $75K+ in the bank to qualify

2. Revenued Business Card

❮ ❯

Best option for small businesses with poor credit
No spending rewards
Must have 6+ months in business, $1K in the bank, & $10K/month in revenue

3. Brex

❮ ❯

Best cash back card with no PG
8x rewards on rideshares if you make daily repayments & make Brex your exclusive corporate card
Must meet one of a number of stringent business requirements

4. Coast

❮ ❯

Best no PG fleet fuel card
Fuel discount of 2 cents/gallon & 1% cash back on non-fuel purchases
Must be a partnership, corporation, or LLC -- no sole proprietorships

5. Sam's Club Business Mastercard

❮ ❯

Best wholesale club credit card with no PG
5% back in Sam's Cash on gas purchases
Must have a personal FICO score of 700+

6. Stripe Corporate Card

❮ ❯

Best for new businesses
1.5% cash back on all purchases
Must have a Stripe account and request an invite in order to qualify