Easy Approval Business Credit Cards For Small Business Owners
There are plenty of easy approval credit card options for different businesses, including those with fair credit, need 0% APR, or that require frequent travel.
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Access to fast funding is crucial to small businesses. Beyond inconsistent cash flow and unexpected costs, businesses may also need extra money when scaling up. Small business credit cards with easy approvals are one solution for businesses on the prowl for funding.
It’s not surprising that credit cards can help support a business looking for bigger spending pockets. Credit cards routinely offer instant or fast approval, granting the applicant rapid access to a fresh credit line. Plus, the advantages of a credit card go beyond receiving instant approval upon applying — small businesses can also take advantage of rewards, perks, and welcome offers.
Unfortunately, with so many options, the world of small business credit cards is daunting. With that in mind, we wrote this guide to make the hunt for instant approval business credit cards a breeze. Read on to find the best card with easy approval for your business!
Learn More About Our Top Picks
| Company | Key Takeaway | Next StepsKey Takeaway |
|---|---|---|
Chase Ink Business Preferred  | Best overall fast approval card. | Best overall fast approval card.
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Blue Business Plus Credit Card from American Express  | Best 0% intro rate. | Best 0% intro rate.
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Spark® Cash from Capital One®  | Best for cash back rewards. | Best for cash back rewards.
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Spark Miles Select from Capital One  | Best for travel rewards. | Best for travel rewards.
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Brex  | Best for startups. | Best for startups.
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Other Featured Options:
- Spark Classic from Capital One: Best for fair credit.
- Wells Fargo Business Secured Credit Card: Best for bad credit.
- Ramp: Best for no credit.
Read more below to learn why we chose these options.
Table of Contents
Best Fast Approval Credit Cards For Business Owners
To make your search for easy approval business credit cards faster, we surveyed the gamut of available small business credit cards and picked our favorites. There are plenty of options for different businesses, including those with fair credit, need 0% APR, or that require frequent travel.
Chase Ink Business Preferred: Best Overall Fast Approval Card
Chase Ink Business Preferred
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Chase Ink Business Preferred | Annual Fee: $95
Purchase APR: 15.99% – 20.99% (variable) |
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Chase Ink Business Preferred may have a higher standard for instant approval than some credit cards on this list as it requires an applicant to have good or excellent credit. If you meet this threshold, though, and can get instant approval, the Ink Business Preferred is an excellent choice for business use.
Ink Business Preferred cardholders earn 3 points per dollar spent on travel, shipping purchases, internet, cable services, phone services, and advertising purchases made with social media sites and search engines each account anniversary year (up to $150,000 spent). All other purchases get 1 point per dollar spent. Points are then worth 25% more when redeemed for travel through Chase Ultimate Rewards.
Beyond this card’s reward scheme, Chase also lets you transfer your points on a 1:1 basis to an array of airline and hotel loyalty programs. If you need something other than travel rewards, you’ll also be able to redeem points for Amazon.com purchases, gift cards, and cash back, making this an extremely versatile card. Do note, however, all this comes at a cost: The Chase Ink Business Preferred carries a $95 annual fee.
Pros
- High-earning travel rewards
- Bonus rate when redeeming points for travel
Cons
- $95 annual fee
- Spending cap on the 3x rewards rate categories
Blue Business Plus From American Express: Best 0% Intro Rate
Blue Business Plus Credit Card from American Express
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Blue Business Plus Credit Card from American Express | Annual Fee: $0
Purchase APR: 14.74% - 20.74% (variable) |
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The Amex Blue Business Plus card is a great business card for those looking for a 0% introductory APR — this card charges no interest for the cardholder’s first 12 months. Furthermore, American Express is one of the few card issuers that will, in many cases, issue you an instant card number after you get approved.
With Blue Business Plus, you’ll earn 2x rewards on all purchases up to $50,000 each calendar year. Your points can be used to book travel via American Express Travel, make online purchases, buy gift cards, and more. On top of those travel perks and a 0% intro rate, this card lacks an annual fee — a great plus for businesses that won’t be putting too many purchases on their credit card.
Pros
- 0% introductory APR for the first 12 months
- No annual fee
- Possibility of an instant card number
Cons
- Spending cap on the 2x rewards rate
- Foreign transaction fee
Capital One Spark 2% Cash Plus: Best For Cash Back Rewards
Spark® Cash from Capital One®
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Capital One Spark 2% Cash Plus | Annual Fee: $95 ($0 the first year)
Purchase APR: 18.49% (variable) |
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The Capital One Spark 2% Cash Plus is a business credit card offering instant approval only to those with excellent credit. But if you make the grade, you stand to be handsomely rewarded with a generous cash back program.
Spark Cash Plus offers a flat 2% cash back on all purchases (although it also carries a $95 annual fee after the first year). It’s a higher cash back earning rate than you’ll find with most competitors offering a flat cash back rate. As such, it’s a great choice for entrepreneurs with excellent credit looking for a fast approval card with great cash back earning potential. You won’t have to bother tracking spending categories — just earn 2% cash back on all purchases.
Pros
- Unlimited cash back rewards at a high flat rate
- No APR
- No foreign transaction fee
Cons
- $95 annual fee after the first year
- Balance must be paid in full every month
Capital One Spark Miles 1.5X Select: Best For Travel Rewards
Spark Miles Select from Capital One
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Capital One Spark 1.5x Miles Select | Annual Fee: $0
Purchase APR: 14.49%-22.49% (variable) |
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Capital One targets users with excellent credit for this card. But like Capital One’s other “excellent credit” credit card on this list, the Spark 1.5X Miles Select offers some tantalizing perks for qualifying applicants.
You’ll be able to nab 1.5 points per dollar spent — and there’s no annual fee to worry about. The Spark Miles Select will immediately begin earning your business valuable miles right off the bat. You also won’t need to spend time thinking about purchase categories because the 1.5x rate is for all purchases (although you can collect 5x bonus points when you book hotels and rental cars through Capital One’s travel portal).
Pros
- Unlimited and flat-rate miles
- No foreign transaction fee
- No annual fee
Cons
- The flat-rate rewards could be better for high spenders
Brex: Best For Startups
Brex
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With a unique underwriting scheme, Brex’s corporate card won’t require a personal guarantee, making it perfect for startups needing a credit card quickly — and one of the easiest business credit cards to get for new businesses. Plus, like Amex, Brex offers instant card numbers so that your business will be able to start using virtual cards upon approval.
Brex also features a rewards and benefits package aimed at fast-moving startups. Perks such as bonus points for ridesharing or savings on business-oriented services such as Slack or AWS are simply not generally offered by normal credit card issuers.
However, Brex won’t be for everyone. Its corporate card is technically a charge card, so your entire balance is due on your statement date. Besides that, only C-corp, S-corp, LLC, and LLP corporations are eligible for Brex, and you will also need to have healthy cash reserves.
Pros
- Startup-focused rewards
- No personal guarantee required
- Virtual cards upon approval
Cons
- Is a charge card
- Available only to C-corp, S-corp, LLC, and LLP corporations
Capital One Spark 1% Classic: Best For Fair Credit
Spark Classic from Capital One
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Capital One Spark 1% Classic | Annual Fee: $0
Purchase APR: 24.49% (variable) |
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The Capital One Spark 1% Classic is a very solid business credit card that offers fast approval to business owners with at least fair (or average) credit.
Capital One specifically markets the Spark Classic card at users with fair credit. That makes the card a worthy option for business owners with a lackluster or young credit history.
There is a bit of a catch, though, because the card’s APR is relatively high, and the rewards program is rather modest (you get 1% cash back on all purchases). However, the card’s true value lies in its ability to build your credit. Capital One will report your credit activity to multiple credit bureaus (not all issuers of business credit cards do this), which means that with every monthly payment you make on time, you improve your credit score. With enough use, the Spark Classic can help boost your credit score to the point where you will be eligible for business cards with a lower APR and better rewards programs.
Pros
- Targeted at fair credit applicants
- No annual fee
Cons
- Low cash back rate
- Minimal benefits
Wells Fargo Business Secured Credit Card: Best For Bad Credit
Wells Fargo Business Secured Credit Card
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Wells Fargo Business Secured Credit Card | Annual Fee: $25 per card
Purchase APR: Prime + 11.90% |
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If you’re struggling to get a credit card because of a low credit score, signing up for a secured credit card is a viable option. That’s where the Wells Fargo Business Secured Credit Card comes in.
As one of the lone secured credit cards marketed at businesses, this bit of plastic from Well Fargo could be just the credit-building card you need. It also offers something not all secured credit cards do: rewards. You can choose to either receive 1.5% cash back on qualifying purchases or 1 point per dollar spent plus 1,000 points whenever you spend $1,000 or more in a monthly billing period.
Ultimately, your choice should be based on your spending habits. Low spenders (under $1,000 per month) or high spenders (above $2,000) will likely want to opt for the cash back format. Those in the middle (between $1,000 and $2,000 monthly) should get more bang for their buck with the rewards points scheme.
Pros
- Solid rewards for a secured card
- No annual fee
Cons
- Requires a security deposit
- Only a maximum of 10 employee cards
Ramp: Best For No Credit
Ramp
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If you don’t have a business or personal credit history — or don’t want to touch your personal credit for a business credit card — check out Ramp. A corporate card, Ramp features a solid 1.5% cash back rate. You’ll also be able to take advantage of Ramp’s unique AI features that encourage cutting spending.
However, there is a catch. While Ramp won’t look into your credit history, the company does require that your business have at least $75K in the bank. That means Ramp will only work for businesses that have a lot of cash on hand. Businesses that maintain low cash reserves will need to look elsewhere.
Pros
- Solid, flat-rate rewards
- A unique platform built to help companies cut costs
- No annual fee
Cons
- Requires $75K cash on hand
- No mobile app
How To Get Approved For A Business Credit Card Faster
If everything goes right, you can often be approved for a new business credit card in less than a minute. Let’s go through what you can do to make this happen.
Check Your Credit Score
When you know your credit score, you can apply for the business credit cards you know you’ll be likely to qualify for. Remember, the more your credit score exceeds the card issuer’s minimum requirements, the more likely it is that you’ll be approved quickly.
Unsure what your credit score is? Don’t pay the credit bureaus just to learn your credit status! Instead, read Merchant Maverick’s article on the best free credit score sites and check your credit score without giving a dime to anybody.
Gather Your Business & Financial Information
Be sure to have the following information ready before applying for a business credit card.
- Business name (if you’re a sole proprietor, use your name)
- Business address
- Type of business (corporation, partnership, LLC, etc.)
- Your business role
- Tax ID number (use your Social Security number if you’re a sole proprietor; use your Employer Identification Number (EIN) for other business types)
- Years in business
- Number of employees
- Annual business revenue
- Estimated monthly spending
Head To The Internet
Getting approved for a credit card via the internet is quicker than getting approved by phone or snail mail. Take advantage of issuers’ online applications when applying for your next business credit card — otherwise, you may not be approved instantly.
Fast Approval Business Credit Cards: FAQs
Fast Approval Credit Card Alternative: Online Business Lines Of Credit
If you need funding for your business as soon as possible but are not enthused about the fast approval business credit cards currently available, consider a business line of credit instead since lines of credit work more like credit cards than term loans. You borrow funds up to a certain limit, and you only pay interest on what you borrow.
Some lenders offer instant approval, in which case the only waiting you’ll need to do will be for the funds to arrive in your account. Let’s take a look at a few business lines of credit offering instant approval.
Kabbage
| Kabbage  |
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Kabbage is well-known for its remarkably quick application process. With Kabbage’s streamlined approval process, you may well be able to start drawing funds within a few minutes of getting approved. Want fast money? Kabbage can deliver.
However, that doesn’t mean Kabbage is all sweetness and light. The costs associated with a Kabbage line of credit are relatively high. You may end up paying 3.5% of your borrowing amount each month in fees. This could effectively equal an estimated APR of 36%.
With rapid approval and a maximum borrowing amount of $150,000, Kabbage’s lines of credit hold significant appeal for the entrepreneur in need of fast cash, despite the drawbacks.
Fundbox
| Fundbox  |
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Fundbox’s business lines of credit are easier to qualify for than Kabbage’s. You only need to have a compatible accounting or invoicing software for at least two months before applying or have three months of transactions in a business bank account. There are no time-in-business requirements, and there’s no strict credit score requirement to meet.
You can establish a maximum credit line of $150,000 with Fundbox, making it competitive with Kabbage’s upper limit.
In Summary: Best Fast Approval Credit Cards For Business Owners
- Chase Ink Business Preferred: Best overall fast approval card.
- Blue Business Plus Credit Card from American Express: Best 0% intro rate.
- Spark® Cash from Capital One®: Best for cash back rewards.
- Spark Miles Select from Capital One: Best for travel rewards.
- Brex : Best for startups.
- Spark Classic from Capital One: Best for fair credit.
- Wells Fargo Business Secured Credit Card: Best for bad credit.
- Ramp: Best for no credit.
Jared Beilby
Expert Analyst & Reviewer at Merchant Maverick
A credit card analyst and expert in neobanking, Jared has been researching and writing about small business finance since 2018. His data studies have been cited in a number of media outlets, including Forbes, MSN, and NBC. He holds a Bachelor of Arts in Journalism from George Fox University.
View Jared Beilby's professional experience on LinkedIn.
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