8 Best Business Credit Card Balance Transfer Offers 2019

Business credit cards for balance transfers allow you to move your balance from one credit card to another. The best business credit cards for balance transfers offer no balance transfer fees and 0% APR for up to 12 months. We found eight cards that offer 0% APR on balance transfers or no balance transfer fees.

Top 8 Business Credit Cards for Balance Transfers May 2019

How We Evaluated Business Credit Cards for Balance Transfers

To determine the best business credit card for balance transfers, we focused on business credit cards that either offer an introductory 0% APR period on balance transfers or no balance transfer fees. We also included two personal credit cards that can benefit business owners who can’t qualify for or who don’t want a small business credit card.

In our business credit card balance transfer evaluation, we considered the following criteria:

• Introductory APR on balance transfers: Whether a card offers an introductory 0% APR period on balance transfers. The best business credit card balance transfer offer is 0% APR for 12 months on balance transfers.
• Balance transfer fee: The fee assessed by the provider for a balance transfer. One card on our list charges no balance transfer fee; others charge 3% of the balance transferred.
• Ongoing APR: The ongoing interest rate charge on balance transfers and purchases. The best business credit card for balance transfers has an ongoing APR starting at 12.24%.
• Introductory rewards: Whether a card offers an introductory welcome offer by meeting a minimum spending requirement. The business credit card for balance transfers with the best introductory reward offers $500 when you meet a minimum spending requirement.
• Ongoing rewards: The cash-back rewards you can earn for your business-related purchases. The business credit card for balance transfers that has the strongest ongoing rewards pays 4% cash back.
• Additional features: Any free perks and benefits that may increase the value of the card, such as extended warranty protection and rental vehicle insurance. The best business credit cards for balance transfers provide fraud protection and insurance.

We recommend the American Express Blue Business^SM Plus as the best business credit card for balance transfers. It offers a long 0% APR period on balance transfers and a low ongoing APR. Plus, you will have access to unbeatable American Express card features that increase the card’s value.

American Express Blue Business^SM Plus: Overall Best Business Credit Card for Balance Transfers

The American Express Blue Business^SM Plus is the best overall business credit card for balance transfers. Business owners will have an introductory 0% APR period for 12 months on balance transfers and purchases. This card also offers strong ongoing points rewards and unrivaled additional card features, such as extended warranty and purchase protection. However, you’ll pay a one-time balance transfer fee of 3%.

American Express Blue Business^SM Plus Costs

Financing costs and fees on the American Express Blue Business^SM Plus card include:

• Introductory APR: 0% for the first 12 months on purchases and balance transfers
• Ongoing APR: 15.49% to 21.49%, which will adjust with the prime rate
• Balance transfer fee: $5 or 3% of the amount of each transfer, whichever is greater
• Annual fee: None

The American Express Blue Business^SM Plus offers the same introductory APR period as the U.S. Bank Business Platinum Card. However, the U.S. Bank Business Platinum Card doesn’t offer any ongoing rewards, and its additional features fall short of this American Express business credit card.

American Express Blue Business^SM Plus Rewards

American Express Blue Business^SM Plus cardholders can earn 2x Membership Rewards points on all purchases up to $50,000 each year, then 1x points. Other credit cards on our list may offer larger rewards for specific spending categories, but usually only 1% on everyday spending.

Introductory Rewards

The American Express Blue Business^SM Plus credit card doesn’t offer an introductory welcome offer. It’s one of six credit cards on our business credit card balance transfer list that don’t offer introductory rewards. If you want to earn an introductory reward, consider the Wells Fargo Business Platinum Credit Card. It offers 50,000 bonus points, or $500, after spending $3,000 within three months.

Ongoing Rewards

This business credit card offers the following ongoing rewards:

• 2x points on all purchases up to $50,000 each year
• 1x points on all additional purchases

You can redeem your American Express rewards points for airfare or other paid travel through American Express, gift cards, or statement credit for eligible purchases. Plus, you can transfer your rewards points to select airline and hotel partners. This is the only credit card on our list that allows you to transfer your points.

American Express Blue Business^SM Plus Additional Features

The American Express Blue Business^SM Plus comes with the following additional features:

• Extended warranty: American Express will provide up to an additional two years of warranty for purchased items with original manufacturer’s warranties of five years or less. The coverage is limited to $10,000 per claim and $50,000 per year.
• Purchase protection: American Express will protect your purchased items that are damaged or stolen within 120 days from the purchase date. The purchase protection is limited to $1,000 per claim and $50,000 per card member, per year.

These additional features are typically common across small business credit cards. However, the length of coverage on purchase protection is longer than the 90 days the Capital One® Spark® Cash for Business provides.

What the American Express Blue Business^SM Plus Is Missing

The American Express Blue Business^SM Plus doesn’t offer introductory rewards, while other credit cards on our list do. For example, the Wells Fargo Business Platinum Credit Card offers $500 cash back or 50,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months.

American Express Blue Business^SM Plus Reviews

We considered both user reviews and our own editorial review when rating this card. American Express Blue Business^SM Plus reviews paint this as one of the best 0% APR business credit cards. However, it offers no introductory rewards.

American Express Blue Business^SM Plus User Reviews

Online reviews for the American Express Blue Business^SM Plus are mostly positive. Cardholders love that they can pay off their balance transfers over 12 months with no interest. However, there are some complaints about the lack of introductory rewards.

American Express Blue Business^SM Plus Editorial Reviews

We believe the American Express Blue Business^SM Plus is the best 0% APR business credit card because of its free-financing period on purchases and balance transfers. In our American Express Blue Business^SM Plus review, we evaluate that card’s value and its unbeatable additional card perks, including purchase and extended warranty protection.

How to Apply for the American Express Blue Business^SM Plus

You can apply for the American Express Blue Business^SM Plus credit card online by providing your basic business and personal information. Once approved, the 12-month introductory APR period starts as soon as you receive your card. You will receive your card within seven to 10 days.

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U.S. Bank Business Platinum Card: Best for Business Owners Who Want a Low Ongoing APR

The U.S. Bank Business Platinum Card is best for business owners who want a 12-month introductory 0% APR period and a low ongoing APR. Once the promotional period ends, you will have an ongoing APR between 12.24% and 20.24%. This business credit card charges a balance transfer fee of at least $5 and offers no rewards.

U.S. Bank Business Platinum Card Costs

Financing costs and fees on the U.S. Bank Business Platinum Card include:

• Introductory APR: 0% APR on purchases and balance transfers for the first 12 billing cycles
• Ongoing APR: 12.24% to 20.24%, which will adjust with the prime rate
• Balance transfer fee: $5 or 3% of the transfer during application, whichever is greater
• Annual fee: None

The U.S. Bank Business Platinum Card has an identical introductory APR period to the American Express Blue Business^SM Plus. Additionally, the U.S. Bank Business Platinum Card has a lower ongoing APR by two percentage points when compared to the American Express Blue Business^SM Plus. However, we ranked it below the American Express Blue Business^SM Plus because it offers no rewards.

U.S. Bank Business Platinum Card Rewards

The U.S. Bank Business Platinum Card offers no introductory or ongoing rewards. This is rare when compared to the best small business credit cards. With no introductory or ongoing rewards, there isn’t much benefit to having this card once you’ve paid off your transferred balance.

In comparison, the American Express Blue Business^SM Plus also has no introductory rewards, but provides 2x points on all spending up to $50,000. If you’re looking for a card that offers both introductory and ongoing rewards, consider the Wells Fargo Business Platinum Credit Card. That card offers a $500 cash-back bonus or 50,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 within three months.

U.S. Bank Business Platinum Card Additional Features

The U.S. Bank Business Platinum Card comes with the following additional features:

• Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. The coverage is limited to $10,000 per item.
• Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.

These additional card features are similar to what you would find on other business credit card balance transfer offers. However, the American Express Blue Business^SM Plus provides better coverage. For example, the 120-day purchase protection window is longer than the 90 days provided through the U.S. Bank Business Platinum Card.

What the U.S. Bank Business Platinum Card Is Missing

The U.S. Bank Business Platinum Card does not offer any introductory or ongoing rewards. Other business credit cards on our list offer both types of rewards. For example, the Wells Fargo Business Platinum Credit Card offers a $500 bonus after you enroll in the Business Card Rewards Program and spend $3,000 in the first three months. Plus, it pays 1.5% cash back on every dollar spent.

U.S. Bank Business Platinum Card Reviews

We considered both user reviews and our own editorial review when rating this card. This is a low-interest business credit card that’s best if you’re looking to carry a balance. However, you won’t have the opportunity to earn any rewards.

U.S. Bank Business Platinum Card User Reviews

We reviewed several online U.S. Bank Business Platinum Card user reviews and found most to be positive. Some cardholders comment that the low interest rate has been helpful while building their businesses. However, there are complaints about the card not offering introductory or ongoing rewards.

U.S. Bank Business Platinum Editorial Reviews

In our U.S. Bank Business Platinum review, we found that this card is best designed for business owners who want to limit the cost of carrying a balance. However, it’s one of the few low-interest business credit cards that doesn’t offer any rewards.

How to Apply for the U.S. Bank Business Platinum Card

You can apply for the U.S. Bank Business Platinum Card online by filling out a basic application. You will be required to provide your basic business and personal information, and you could be approved instantly. Once approved, you will receive your card within seven to 10 days.

Note: Only available within these states: AZ,AR,CA,CO,ID,IL,IN,IA,KS,KY,MN,MO,MT,NE,NV,ND,OH, OR,SD,TN,UT,WA,WI,WY, NM

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Wells Fargo Business Platinum Credit Card: Best for Business Owners Who Want 0% APR for 9 Months & Rewards

The Wells Fargo Business Platinum Credit Card is best for business owners who want interest-free financing on both purchases and balance transfers. Once the promotional period ends, you’ll have an ongoing APR between 13.49% and 23.49%. Plus, unlike the U.S. Bank Business Platinum Card, this card offers both introductory and ongoing rewards (1.5% cash back or one point on every dollar spent).

Wells Fargo Business Platinum Credit Card Costs

Financing costs and fees on the Wells Fargo Business Platinum Credit Card include:

• Introductory APR: 0% APR for nine months on purchases and balance transfers
• Ongoing APR: 13.49% to 23.49%, which will adjust with the prime rate
• Balance transfer fee: Varies, based on the specific offer you receive
• Annual fee: None

If you know you can pay off your balance transfers in nine months, this card could be an excellent fit for you. If you need a longer no-interest period, consider the American Express Blue Business^SM Plus or the U.S. Bank Business Platinum Card. Both of these business credit cards offer an introductory 0% APR period of 12 months on balance transfers and purchases.

Wells Fargo Business Platinum Credit Card Rewards

The Wells Fargo Business Platinum Credit Card offers unlimited fixed-rate rewards for your everyday purchases. You will have the option to choose between cash back or points rewards. This business credit card also has a substantial welcome offer, where it outranks other cards on our business credit card balance transfer offers list.

Introductory Rewards

After you choose between cash back or points rewards, you can earn the following bonus:

• 50,000 points when you spend $3,000 within the first three months after account opening
• $500 cash back when you spend $3,000 within the first three months after account opening

The introductory rewards on the Wells Fargo Business Platinum Credit Card outrank other top business credit cards on our list. For example, neither the American Express Blue Business^SM Plus nor the U.S. Bank Business Platinum Card provide introductory rewards. If you know you can pay your balance down in nine months, these introductory rewards could add more value to the card.

Ongoing Rewards

After you choose between cash back or points rewards, you can earn the following rewards:

• 1.5% cash back for every $1 spent on purchases
• 1x points for every $1 spent on net purchases and 1,000 bonus points when your company spends $1,000 in any monthly billing period

With this business credit card, there is no cap on the amount of rewards you can earn for your everyday purchases. Other cards may put a monetary cap on the rewards structure. For example, the American Express Blue Business^SM Plus offers two points on your first $50,000 then one point thereafter. The American Express Blue Business^SM Plus would be a better option if your credit card expenses are less than $50,000 per year.

Wells Fargo Business Platinum Credit Card Additional Features

The Wells Fargo Business Platinum Credit Card comes with the following additional features:

• Purchase security: Wells Fargo offers coverage for purchased items that have been damaged or stolen within 90 days of purchase. They may repair, replace, or reimburse you for the items. Coverage is limited to $10,000 per item and up to $50,000 per year.
• Wells Fargo Design Studio: Wells Fargo allows you to design your card by uploading an image that represents your company. For example, the image could be your business logo or storefront.

Compared to other credit card issuers, such as American Express, Wells Fargo doesn’t provide the best additional features. With the American Express Blue Business^SM Plus, you can have access to rental car insurance, purchase protection, extended warranty protection, and baggage insurance.

What the Wells Fargo Business Platinum Credit Card Is Missing

The fixed-rate rewards on the Wells Fargo Business Platinum Credit Card are lower compared to other fixed-rate rewards cards on our list. With the American Express Blue Business^SM Plus, you’ll earn 2x per dollar on all spending up to $50,000 per year. You also won’t have the chance to earn spending category bonuses.

Wells Fargo Business Platinum Credit Card Reviews

We considered both user reviews and our own editorial review when rating this card. The Wells Fargo Business Platinum Credit Card is an excellent choice if you value 0% APR and fixed-rate rewards.

Wells Fargo Business Platinum Credit Card User Reviews

After searching the internet for Wells Fargo Business Platinum Credit Card user reviews, we found reviews to be positive and negative. Most cardholders say they like having the option to choose between cash back or points rewards. However, there are complaints about the ongoing rewards because the 1.5% cash back is lower than what other business credit cards offer.

Wells Fargo Business Platinum Credit Card Editorial Reviews

This card doesn’t offer the longest free-financing period on our list, but is a solid pick for business owners who want to earn ongoing fixed-rate rewards over category bonuses. However, its 1.5% cash back is lower than other business credit cards. In our Wells Fargo Business Platinum Credit Card review, we go into detail on this card’s offerings and features.

How to Apply for the Wells Fargo Business Platinum Credit Card

You can apply for the Wells Fargo Business Platinum Credit Card online if you already have a checking or savings account open with Wells Fargo for at least one year. If not, you will need to apply in person at a branch. Once approved, you’ll receive your card within seven to 10 days.

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M&T Business Rewards Credit Card: Best for Business Owners Who Live in the Eight Northeastern States Where M&T Has Branches

The M&T Business Rewards Credit Card is best for business owners who live in the eight northeastern states where M&T has branches. You’ll receive 0% APR for 12 billing cycles on balance transfers. Once the promotional period ends, it’ll have ongoing APRs between 14.49% and 21.49%.

M&T has more than 750 branches located in Washington, D.C., Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.

M&T Business Rewards Credit Card Costs

Financing costs and fees on the M&T Business Rewards Credit Card include:

• Introductory APR: 0% APR for 12 billing cycles on purchases and balance transfers
• Ongoing APR: 14.49% to 21.49%, which will adjust with the prime rate
• Balance transfer fee: $10 or 4%, whichever is greater
• Annual fee: None

The M&T Business Rewards Credit Card has an introductory APR that matches evenly with the U.S. Bank Business Platinum Card. However, the U.S. Bank Business Platinum Card offers an ongoing APR that is two percentage points lower. Also, its balance transfer fee of $10 or 4% is higher than both the U.S. Bank Business Platinum Card and American Express Blue Business^SM Plus.

M&T Business Rewards Credit Card Rewards

The M&T Business Rewards Credit Card offers cardholders fixed-rate rewards on all spending. It also offers an introductory reward worth $100 when redeemed for cash, which falls short of other cards on our list.

Introductory Rewards

You can earn 10,000 points after spending $500 on purchases within the first 90 days of opening your account. This introductory rewards is worth $100 when redeemed for cash.

While there is a low spending requirement, other business credit cards on our list offer more substantial rewards. For example, the Wells Fargo Business Platinum Credit Card offers $500 cash back when you spend $3,000 within the first three months after account opening.

Ongoing Rewards

This small business credit card pays 1.5% cash back on all purchases. This is the same cash-back rewards rate that is offered on the Wells Fargo Business Platinum Credit Card. If you don’t mind earning rewards points instead of cash back, the American Express Blue Business^SM Plus Credit Card offers 2x points on up to $50,000 annually.

M&T Business Rewards Credit Card Additional Features

The M&T Business Rewards Credit Card comes with the following additional features:

• Extended warranty protection: Visa will double the original manufacturer’s warranty by up to an additional year on warranties of three years or less up to a maximum of $10,000 per claim.
• Purchase security: Visa may repair, replace, or offer reimbursement for items purchased with your M&T Business Rewards Credit Card that are damaged or stolen within 90 days of purchase. Purchase security is limited to $10,000 per claim.

These additional features are not as good as what other small business credit cards offer. The American Express Blue Business^SM Plus, for example, covers warranties of five years or less and offers a purchase security window of 120 days compared to 90.

What the M&T Business Rewards Credit Card Is Missing

The M&T Business Rewards Credit Card won’t be available to most small businesses. This business credit card is only available in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. If your business is not in one of those eight states, consider the Wells Fargo Business Platinum Credit Card. It offers much more substantial introductory rewards and similar ongoing rewards.

M&T Business Rewards Credit Card Reviews

We considered both user reviews and our own editorial review when rating this card. This card offers a long introductory 0% APR period, but is only a good option for those who live near an M&T Bank branch.

M&T Business Rewards Credit Card User Reviews

We couldn’t find any M&T Business Rewards Credit Card user reviews online. However, reviews for the bank are mixed. Customers with positive experiences tend to have been longtime M&T Bank customers. The few negative reviews revolve around customer service and poor experiences with home loans.

M&T Business Rewards Credit Card Editorial Reviews

Although the M&T Business Rewards credit card provides interest-free financing, it’s only available to those who live near a bank branch. In our M&T Business Rewards credit card review, we evaluate how business owners in that specific region could benefit from this card.

How to Apply for the M&T Business Rewards Credit Card

You must apply for the M&T Business Rewards Credit Card in person at an M&T Bank branch. The bank has more than 750 branches located throughout Washington, D.C., Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. You will need to provide both your business and personal information to apply.

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Huntington Voice Business Credit Card^SM: Business Owners Who Live in the Eight Midwestern States Where Huntington Voice Is Located

The Huntington Voice Business Credit Card^SM is best for business owners who live near a Huntington National Bank branch, as you must visit a branch to apply. There are branches in eight states, including Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, and Wisconsin. This card offers 0% APR for 12 months on balance transfers completed within the first 90 days after account opening. It has a variable ongoing APR from 13.24% to 24.24%.

Huntington Voice Business Credit Card^SM Costs

Financing costs and fees on the Huntington Voice Business Credit Card^SM include:

• Introductory APR: 0% APR for 12 months on balance transfers completed within the first 90 days after account opening
• Ongoing APR: 13.24% to 24.24%, which will adjust with the prime rate
• Balance transfer fee: $10 or 3%, whichever is greater
• Annual fee: None

This business credit card has an introductory 0% APR period for 12 months on balance transfers. The transfers must be completed within the first 90 days. Once the promotional period ends, its ongoing APR will be between 13.24% and 24.24%. In comparison, the Wells Fargo Business Platinum Credit Card has a similar ongoing APR, but only offers 0% APR for nine months.

Huntington Voice Business Credit Card^SM Rewards

The Huntington Voice Business Credit Card^SM allows you to choose a specific category to earn top rewards from. However, this business credit card doesn’t provide introductory rewards like some of the other cards on our list. This can reduce the card’s first-year value.

Introductory Rewards

The Huntington Voice Business Credit Card^SM does not provide any introductory rewards for hitting a minimum spending requirement. The Wells Fargo Business Platinum Credit Card and M&T Business Rewards Credit Card are the only two cards on our list that offer introductory rewards. For example, the Wells Fargo Business Platinum Credit Card offers 50,000 bonus points or $500 cash back when you spend $3,000 within the first three months.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 4% cash back on the first $7,000 spent each quarter on one spending category you choose from a list of 10 categories
• 1% cash back on all other purchases

The Huntington Voice Business Credit Card^SM gives you the opportunity to choose which spending category you want to earn 4% cash back from each quarter. Categories include gas stations; travel and entertainment; restaurants; discount and warehouse stores; grocery stores; utilities and office supply stores; electronics, computer and camera stores; department, apparel, and sporting goods stores; home improvement stores; and auto parts and service stores.

There are no other options on our business credit card balance transfer list that allow for you to choose the category in which you’ll earn bonus rewards. Both the American Express Blue Business^SM Plus and Wells Fargo Business Platinum Credit Card only offer fixed-rate rewards.

Huntington Voice Business Credit Card^SM Additional Features

The Huntington Voice Business Credit Card^SM comes with the following additional features:

• Extended warranty protection: Huntington National Bank will double an original manufacturer’s warranty by up to an additional year on warranties of five years or less. The extended warranty protection is limited to $10,000 per claim.
• Purchase protection: Huntington National Bank will provide purchase protection on purchased items that are damaged or stolen within 90 days of the purchase date. This coverage is limited to $10,000 per item and $50,000 per year.

The additional features offered on the Huntington Voice Business Credit Card^SM are average at best. Other business credit cards on our list offer better coverage levels and longer coverage windows. For example, the American Express Blue Business^SM offers purchase protection for 120 days from the purchase date compared to 90 days.

What the Huntington Voice Business Credit Card^SM Is Missing

The Huntington Voice Business Credit Card^SM is only available to business owners in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, and Wisconsin. If you’re located outside of one of these eight states, a good alternative would be the American Express Blue Business^SM Plus. We recommend the American Express Blue Business^SM Plus as the best business credit card for balance transfers.

Huntington Voice Business Credit Card^SM Reviews

We considered both user reviews and our own editorial review when rating this card. This is only a strong balance transfer business credit card if you’re a business owner who lives near a Huntington Voice branch location.

Huntington Voice Business Credit Card^SM User Reviews

We searched the internet for Huntington Voice Business Credit Card^SM user reviews and found them to be mixed. Cardholders enjoy the ability to choose the bonus categories from which they can earn enhanced rewards. However, some users complain this card doesn’t offer a welcome bonus and that you need to visit a branch to apply.

Huntington Voice Business Credit Card^SM Editorial Reviews

In addition to its no-interest introductory period, this card offers some pretty substantial rewards compared to other cards on our list. It pays 4% cash back in the category of your choice. In our Huntington Voice Business Credit Card^SM review, we take a look at this card’s costs, rewards, and any additional features that may increase its value.

How to Apply for the Huntington Voice Business Credit Card^SM

To apply for the Huntington Voice Business Credit Card^SM, you must visit a branch. There are more than 1,000 branches located throughout Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, and Wisconsin. To apply, you’ll need to provide your basic business and personal information.

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M&T Business Credit Card: Existing M&T Customers Who Don’t Need Rewards

The M&T Business Credit Card is best for existing M&T customers who aren’t looking to earn rewards. This card offers an introductory 0% APR period on balance transfers and purchases for 12 billing cycles. After the 12 billing cycles, the ongoing APR will be between 12.49% and 19.49%. You must apply at one of this bank’s branches, which are located in Washington D.C., and eight northeastern states.

M&T Business Credit Card Costs

Financing costs and fees on the M&T Business Credit Card include:

• Introductory APR: 0% APR for 12 billing cycles on purchases and balance transfers
• Ongoing APR: 12.49% to 19.49%, which will adjust with the prime rate
• Balance transfer fee: $10 or 4%, whichever is greater
• Annual fee: None

The M&T Business Credit Card has the same introductory APR and balance transfer fee as the M&T Business Rewards Credit Card. However, the ongoing APR of 12.49% to 19.49% is lower by two percentage points at either end of the range than the M&T Business Rewards Credit Card.

M&T Business Credit Card Rewards

The M&T Business Credit Card does not offer introductory bonuses or ongoing rewards. This means once the introductory 0% APR period is over, this card doesn’t hold much value, which is why we ranked it below the Huntington Voice Business Credit Card^SM.

If you want a card through M&T Bank, but want to earn rewards, a good card option would be the M&T Business Rewards Credit Card. It offers 10,000 points after spending $500 on purchases within the first 90 days. Plus, you can earn 1.5% cash back on all spending.

M&T Business Credit Card Additional Features

The M&T Business Credit Card comes with the following additional features:

• Extended warranty protection: The issuer will double the original manufacturer’s warranty by up to an additional year on warranties of three years or less. This coverage is limited to $10,000 per claim.
• Purchase security: The issuer may repair, replace, or offer reimbursement for items purchased that are damaged or stolen within 90 days of purchase. This coverage is limited to $10,000 per claim.

The extended warranty protection and purchase security on the M&T Business Credit Card is identical to the M&T Business Rewards Credit Card. However, there are other business credit cards that offer better coverage. For example, the American Express Blue Business^SM Plus covers warranties up to five years and offers a purchase protection window of 120 days.

What the M&T Business Credit Card Is Missing

The M&T Business Credit Card is only available in eight states, including Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. Plus, it offers no introductory or ongoing rewards, which makes it less valuable than others on our list. A good alternative that offers both low interest and rewards would be the American Express Blue Business^SM Plus credit card.

M&T Business Credit Card Reviews

We considered both user reviews and our own editorial review when rating this card. Much like the other M&T Bank business credit card, this card is only a good choice if you live near a branch location.

M&T Business Credit Card User Reviews

This business credit card was released in June 2018. As of now, there haven’t been any user reviews online. However, M&T Bank has a mix of positive and negative reviews. Customers like the small-town bank feel and enjoy its online banking product. There are some complaints about the bank’s customer service.

M&T Business Credit Card Editorial Reviews

The M&T Business Credit Card is a decent card at best. Although it offers a free-financing period, you will not be able to earn rewards and you must go into a branch location to apply. We take a look at this card in detail in our M&T Business Credit Card review.

How to Apply for the M&T Business Credit Card

To apply for the M&T Business Credit Card, you must visit one of its 750 branches. It has branches located in Washington, D.C., Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. During the application process, you will be required to provide both basic business and personal information.

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Citi Simplicity®: Cardholders Who Need 21 Months to Repay Their Balance Transfers

Citi Simplicity® is a personal credit card that is best for business owners who need 21 months to repay their balance transfers. This is the longest 0% APR period on balance transfers among credit cards with a no-interest period. A personal credit card can be helpful if you’re just starting your business or can’t qualify for a business credit card. Once the promotional period ends, it has an ongoing APR between 15.99% and 25.99%.

Citi Simplicity® Costs

Financing costs and fees on the Citi Simplicity® include:

• Introductory APR: 0% for 12 months on purchases and 21 months for balance transfers
• Ongoing APR: 15.99% to 25.99%, which will adjust based on the prime rate
• Balance transfer fee: $5 or 5%, whichever is greater
• Annual fee: None

The Citi Simplicity® personal card for business owners offers the longest introductory 0% APR period on balance transfers compared to the other cards on our list. In comparison, the U.S. Bank Business Platinum Card offers 0% APR on purchases and balance transfers for 12 billing cycles. However, the Citi Simplicity® ranks low on our list because personal credit cards don’t report payment activity to business credit bureaus.

Citi Simplicity® Rewards

Unlike most traditional business credit cards, the Citi Simplicity® doesn’t offer any introductory rewards or ongoing rewards. The only other cards on our list that don’t offer either of these are the U.S. Bank Business Platinum Card, M&T Business Credit Card, and Chase Slate®. If you want to earn rewards and can qualify for a business credit card, the best option would be the Wells Fargo Business Platinum Credit Card.

Citi Simplicity® Additional Features

The Citi Simplicity® doesn’t offer any of the purchase or travel protections we’ve seen on the rest of the credit cards on our business credit card balance transfer offers list. It does offer two perks that some individuals will find valuable: you’ll never pay a late fee, and you’ll never be assessed penalty APR for paying late.

If you’re looking for a business credit card that offers strong additional card features and protections, consider the American Express Blue Business^SM Plus. It offers unrivaled additional card features that can be worth thousands of dollars annually. Such features include extended warranty protection, purchase protection, car rental insurance, and baggage insurance.

What Citi Simplicity® Is Missing

Citi Simplicity® is not a business credit card, which means you won’t be able to use it to help build your business credit. Plus, this card doesn’t offer introductory or ongoing rewards. This means the card loses most of its value once the 0% APR period ends. If you want to build your business credit, but can’t qualify for a normal business credit card, a good option would be a fair credit business credit card.

Citi Simplicity® Reviews

We considered both user reviews and our own editorial review when rating this card. This card offers the longest interest-free financing period on our list. However, it doesn’t report to the main business credit bureaus because it’s a personal card.

Citi Simplicity® User Reviews

We searched the internet for Citi Simplicity® user reviews and found that most reviews are average. Cardholders enjoy the long introductory 0% APR period, as it helped them avoid heavy interest charges on other cards. However, there are complaints about customer service and low credit lines.

Citi Simplicity® Editorial Reviews

Citi Simplicity® offers the longest introductory 0% APR period on our list at 21 months. However, we don’t recommend this card to business owners who are also specifically trying to work on building their business credit. This is a personal card, so it doesn’t report to the main business credit reporting bureaus.

How to Apply for Citi Simplicity®

You can apply for Citi Simplicity® online in just a few minutes. This card is one of the easier cards to get on our list because it’s a personal credit card. It can be an excellent way to cover operating capital expenses for your business until you can get approved for a small business credit card.

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Chase Slate®: Best for No Fees on Balance Transfers

The Chase Slate® is a personal credit card that is best for business owners who want a card that charges no balance transfer fee. This is the only credit card on our list that offers no balance transfer fees. Plus, it has an introductory 0% APR period for 15 months on purchases and balance transfers. Its ongoing APR is between 16.99% and 25.74%.

Chase Slate® Costs

Financing costs and fees on the Chase Slate® include:

• Introductory APR: 0% for 15 months on purchases and balance transfers
• Ongoing APR: 16.99% to 25.74%, which will adjust with the prime rate
• Balance transfer fee: None on transfers made within 60 days of account opening; after that, either $5 or 5%, whichever is greater.
• Annual fee: None

The Chase Slate® offers 0% APR on both purchases and balance transfers for 15 months. Plus, it’s the only card on our best business credit cards for balance transfers list that does not charge a balance transfer fee. Other cards charge a small fee, like the American Express Blue Business^SM Plus, which has a balance transfer fee of at least $5.

Chase Slate® Rewards

The Chase Slate® doesn’t offer any introductory or ongoing rewards, much like the U.S. Bank Business Platinum Card, M&T Business Credit Card, and Citi Simplicity®. Although it offers a long 0% APR period, this card doesn’t provide much value once the promotional period is over. The main purpose of this card is to get out of debt as cheaply as possible. If you want to earn rewards, a good alternative would be the American Express Blue Business^SM Plus.

Chase Slate® Additional Features

The Chase Slate® comes with the following additional features:

• A free FICO score: The credit card issuer will update your FICO score every month and address reasons why your FICO score increased or decreased.
• Purchase protection: Covers purchases on the Chase Slate® for 120 days from damage or theft. The coverage is limited to $500 per claim and $50,000 per account, per year.
• No-penalty APR: You will not be charged a penalty APR for paying late. This is the same as the Citi Simplicity®.

Most personal credit cards typically don’t offer as many additional features as small business credit cards. However, Chase Slate® purchase protection coverage is similar to what’s offered on the American Express Blue Business^SM Plus. The American Express Blue Business^SM Plus offers 120 days of coverage, but limits the coverage to $1,000 per claim compared to $500.

What the Chase Slate® Is Missing

This personal credit card does not offer any introductory or ongoing rewards. Plus, it’s not a business card, so it won’t help you build your business credit because it doesn’t report to the main business credit bureaus. The main purpose of this credit card is to get you out of debt as cheaply as possible. It has 0% APR on balance transfers for 15 months and has no balance transfer fee on transfers made within 60 days.

Chase Slate® Reviews

We considered both user reviews and our own editorial review when rating this card. This is an excellent card if you want a personal credit card and no balance transfer fees. However, it has a high ongoing APR.

Chase Slate® User Reviews

We read through several online Chase Slate® user reviews and found that most are average. Some cardholders complain about the card having a high ongoing APR. However, users enjoy this card for its balance transfer purpose.

Chase Slate Editorial Reviews

Chase Slate® is a good personal credit card that offers no balance transfer fees and an introductory 0% APR period. However, it falls low on our list because it doesn’t report to the business credit reporting agencies and has a high ongoing APR.

How to Apply for the Chase Slate®

You can apply for the Chase Slate® online in a matter of minutes, and you can be approved immediately. Once approved, you will receive your credit card in the mail within seven to 10 days.

Note: The information related to the Chase Slate® Credit Card has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.

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Pros & Cons of Best Business Credit Cards for Balance Transfers

Business credit card balance transfer offers help business owners move credit card balances to cards with lower interest rates. These business credit cards can help you save money on interest, consolidate your payments, and earn better rewards. However, low balance transfer interest rates don’t last forever.

Pros of Best Business Credit Cards for Balance Transfers

The pros of business credit cards for balance transfers are:

• They help reduce the amount of interest you’re paying: Balance transfers can help you move balances from credit cards with high interest rates to credit cards with lower interest rates. Plus, some of the best business credit cards offer introductory 0% APR periods on balance transfers.
• You can consolidate your credit card payments: You can combine multiple credit card balances by moving them over to a balance transfer business credit card. This allows you to focus on one credit card payment every month compared to making several payments for different credit cards.
• You can move your debt to a stronger credit card: In addition to transferring balances to cards with lower interest rates, this also gives you the opportunity to choose a card with better rewards. Choosing a credit card with a strong rewards structure can provide more value beyond the business credit card balance transfer offer.

Cons of Best Business Credit Cards for Balance Transfers

The cons of business credit cards for balance transfers are:

• You typically need strong personal credit scores: To be approved for a balance transfer business credit card, it’s likely you will need a personal credit score of 640 or higher. If your credit score is below 640, you could use a personal credit card like the Citi Simplicity® or Chase Slate®.
• The low balance transfer interest rate doesn’t last forever: Typically, the best business credit cards for balance transfers offer 0% APR for up to 12 months. If you’re using a balance transfer card to help pay off debt, it’s important to have your balance paid down by the end of the promotional period to avoid interest charges.
• You may have to pay a balance transfer fee: Most business credit cards charge a small balance fee between 3% and 5% of the transfer amount. Typically, card providers will set the balance transfer fee minimum to $5 or $10.

Frequently Asked Questions (FAQs) About Business Credit Card Balance Transfers

We covered a lot of information on the best business credit cards for balance transfers. Some questions are asked more often than others, and we address those here. If you have any additional questions, please visit the Fit Small Business forum or leave a comment below, and we will provide an answer.

The most frequently asked questions about business credit card balance transfers are:

1. Can you do a balance transfer on a business credit card?

By using a balance transfer business credit card, you can consolidate your credit card balances to pay off debt with no interest. It’s important to pay off your balance by the end of the no-interest period to avoid interest charges. You can use the money saved on interest and reinvest it back into your business.

2. Can you transfer a business credit card balance to a personal credit card?

You can transfer a business credit card balance to a personal credit card, depending on the card issuer. However, it’s important to note that you can’t build your business credit by using a personal credit card. If you want to build your business credit, it’s best to use a business credit card.

3. Do balance transfers affect your credit score?

Depending on a few different factors, balance transfers can either have a positive or negative impact on your credit score. Applying for several low-interest credit cards at once may hurt your credit score. If done correctly, balance transfers can help you pay down your debt and improve your credit score.

Bottom Line

Overall, a balance transfer is an excellent way for business owners looking to move their credit card balances to a card that offers 0% APR. The best business credit cards for balance transfers offer introductory 0% APR periods up to 12 months. You can also compare these cards with other small business credit cards through our credit card marketplace.

We believe the American Express Blue Business^SM Plus is the best business credit card for balance transfers because it combines a long 0% APR period with strong ongoing rewards and additional card features. You can apply online in a matter of minutes and receive an approval immediately.

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