7 Best Business Credit Card Balance Transfer Offers
This article is part of a larger series on Best Small Business Credit Cards.
Editor’s note: This is a recurring post with regularly updated card details.
A balance transfer credit card is a great way to help you pay down existing high-interest debts from another credit card. The best business credit cards for balance transfers are those that offer a long introductory 0% annual percentage rate (APR) period, have low fees and ongoing interest rates, and let you earn lucrative rewards on everyday purchases.
Here are the seven best business credit cards for balance transfer transactions:
- U.S. Bank Business Platinum Card: Best overall for business credit card balance transfer offers
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard: Best for ongoing rewards
- Wells Fargo Business Platinum Card: Best for choosing between cash or points rewards
- PNC Visa Business Credit Card: Best for low ongoing APR
- M&T Business Rewards Credit Card: Best for easy unlimited rewards
- Edward Jones Business Plus Mastercard: Best for no balance transfer fee
- Citi Simplicity® Card: Best for longest 0% introductory APR for a personal card
To see how these cards stacks up against others that we reviewed on our site, click Add to Compare on the card below and select up to two additional cards for comparison.
U.S. Bank Business Platinum Card
BEST FOR:
Extended 0% APR period on purchases and balance transfers
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.24%-25.24%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- 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. 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.
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.24%-25.24%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- 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. 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.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.24% - 27.24%.
- No annual fee.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.24% - 27.24%.
- No annual fee.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Wells Fargo Business Platinum Credit Card
BEST FOR:
Those with a Wells Fargo checking or savings account that has been open for at least one year
- Get a one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date
- Earn 1.5% cash back on every $1 spent
- Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period
- No annual card fee, plus up to 99 employee cards (no additional fee)
- Cash management tools
- Spending reports available online
- Online banking and bill payment options
Pros
- Cardholders can choose between cash back or points in earning rewards
- With an interest-free financing period for the first nine billing cycles
- Can create up to 99 employee cards at no additional cost
Cons
- Cash back rewards are distributed on a quarterly basis
- You’ll need a Wells Fargo checking or savings account that has been open for at least one year to qualify
- Travel and emergency assistance services: Available for Visa cardholders 24 hours a day, 365 days a year. Specific services and their details can be found here.
- Extended warranty protection: Warranty coverages can be doubled up to one additional year on eligible warranties of three years or fewer.
- Employee cards: You can create up to 99 employee cards at no additional cost
- Zero liability protection and fraud monitoring: Can be fully reimbursed for unauthorized purchases or ATM transactions. In addition, Wells Fargo proactively monitors your business accounts to prevent fraudulent use of your card.
- Get a one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date
- Earn 1.5% cash back on every $1 spent
- Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period
- No annual card fee, plus up to 99 employee cards (no additional fee)
- Cash management tools
- Spending reports available online
- Online banking and bill payment options
Pros
- Cardholders can choose between cash back or points in earning rewards
- With an interest-free financing period for the first nine billing cycles
- Can create up to 99 employee cards at no additional cost
Cons
- Cash back rewards are distributed on a quarterly basis
- You’ll need a Wells Fargo checking or savings account that has been open for at least one year to qualify
- Travel and emergency assistance services: Available for Visa cardholders 24 hours a day, 365 days a year. Specific services and their details can be found here.
- Extended warranty protection: Warranty coverages can be doubled up to one additional year on eligible warranties of three years or fewer.
- Employee cards: You can create up to 99 employee cards at no additional cost
- Zero liability protection and fraud monitoring: Can be fully reimbursed for unauthorized purchases or ATM transactions. In addition, Wells Fargo proactively monitors your business accounts to prevent fraudulent use of your card.
- No annual fee
- No rewards on puchases
- Online account management tools allow you to manage your business credit card activity
Pros
- Low ongoing APR
- No annual fee
- With an interest-free financing option on balance transfers
Cons
- No interest-free financing option on purchases
- No rewards for new and existing cardholders
- Can only apply online if you have an existing online bank account with PNC Bank
- Cash Flow Insight®: Helps you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables.
- Travel accident insurance: You’re covered by travel accident insurance if you die or are seriously injured while traveling.
- Roadside Dispatch®: A pay-per-use roadside assistance program that provides services such as towing, tire changing, jump-starting, fuel delivery of up to five gallons, winching, and lockout services.
- Overdraft protection: You can set up your PNC Visa® Business Credit Card as overdraft protection for your PNC business checking account to ensure that you have funds when needed.
- No annual fee
- No rewards on puchases
- Online account management tools allow you to manage your business credit card activity
Pros
- Low ongoing APR
- No annual fee
- With an interest-free financing option on balance transfers
Cons
- No interest-free financing option on purchases
- No rewards for new and existing cardholders
- Can only apply online if you have an existing online bank account with PNC Bank
- Cash Flow Insight®: Helps you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables.
- Travel accident insurance: You’re covered by travel accident insurance if you die or are seriously injured while traveling.
- Roadside Dispatch®: A pay-per-use roadside assistance program that provides services such as towing, tire changing, jump-starting, fuel delivery of up to five gallons, winching, and lockout services.
- Overdraft protection: You can set up your PNC Visa® Business Credit Card as overdraft protection for your PNC business checking account to ensure that you have funds when needed.
M&T Business Rewards Credit Card
BEST FOR:
Those with existing M&T checking or savings account wanting cash back rewards
- Unlimited 1.5% cash back on every purchase
- 0% introductory APR on balance transfers and purchases for 12 billing cycles (a balance transfer fee will apply)
- Variable APR of 14.49% to 21.49% thereafter
- No annual fee
- Add employee cards at no additional cost, plus ability to manage spend limits for users
- Global acceptance with chip technology
- M&T Assurance® for fraud prevention, detection, and resolution
- Multiple convenient ways to make payments, transfer funds, or review account detail, such as online with M&T Online Banking for Business or via the M&T Mobile App, at an M&T Bank ATM, or in person at any local M&T branch.
- Pay for purchases conveniently with Apple Pay®, Google Pay™, and Samsung Pay at millions of stores around the world by adding your card to a supported iPhone®, Android®, or an eligible Samsung device
- Save with no foreign transaction fee
Pros
- With 0% introductory APR on purchases and balance transfers
- With sign-up bonus
- Doesn’t charge annual fees
Cons
- Charges high balance transfer fees
- Doesn’t offer unique features that make this business credit card stand out
- M&T Assurance®: M&T Bank helps prevent and detect card fraud, letting you use it confidently.
- Chip technology: Each M&T credit card contains an encrypted microchip. So, when your card is used at a chip-enabled terminal, you’re protected from fraudulent or counterfeit transactions.
- Digital wallet: Your M&T card can be linked to digital wallets like Apple Pay, Google Pay, Samsung Pay, and Garmin Pay. This feature lets you make purchases without your physical card at brick-and-mortar stores and your card details for online payments.
- Employee cards: You can add employee cards at no additional cost and manage each card’s spending limits.
- Unlimited 1.5% cash back on every purchase
- 0% introductory APR on balance transfers and purchases for 12 billing cycles (a balance transfer fee will apply)
- Variable APR of 14.49% to 21.49% thereafter
- No annual fee
- Add employee cards at no additional cost, plus ability to manage spend limits for users
- Global acceptance with chip technology
- M&T Assurance® for fraud prevention, detection, and resolution
- Multiple convenient ways to make payments, transfer funds, or review account detail, such as online with M&T Online Banking for Business or via the M&T Mobile App, at an M&T Bank ATM, or in person at any local M&T branch.
- Pay for purchases conveniently with Apple Pay®, Google Pay™, and Samsung Pay at millions of stores around the world by adding your card to a supported iPhone®, Android®, or an eligible Samsung device
- Save with no foreign transaction fee
Pros
- With 0% introductory APR on purchases and balance transfers
- With sign-up bonus
- Doesn’t charge annual fees
Cons
- Charges high balance transfer fees
- Doesn’t offer unique features that make this business credit card stand out
- M&T Assurance®: M&T Bank helps prevent and detect card fraud, letting you use it confidently.
- Chip technology: Each M&T credit card contains an encrypted microchip. So, when your card is used at a chip-enabled terminal, you’re protected from fraudulent or counterfeit transactions.
- Digital wallet: Your M&T card can be linked to digital wallets like Apple Pay, Google Pay, Samsung Pay, and Garmin Pay. This feature lets you make purchases without your physical card at brick-and-mortar stores and your card details for online payments.
- Employee cards: You can add employee cards at no additional cost and manage each card’s spending limits.
- 1.5 Loyalty Points for every $1 spent on eligible net purchases up to $40,000
- 2 Loyalty Points for every $1 spent on eligible net purchases over $40,000 in the same year
- 4 Bonus Loyalty Points on prepaid hotels and car rentals booked directly in the Edward Jones Rewards Travel Center
Pros
- Sign up bonus
- Introductory 0% APR and $0 fee on balance transfers
- No annual fee option
Cons
- No 0% APR on purchases
- High purchase requirements to earn higher rewards
- Worldwide travel accident insurance
- Free credit score access
- Online and mobile banking
- Zero fraud liability
- Extended warranty and purchase protection
- 1.5 Loyalty Points for every $1 spent on eligible net purchases up to $40,000
- 2 Loyalty Points for every $1 spent on eligible net purchases over $40,000 in the same year
- 4 Bonus Loyalty Points on prepaid hotels and car rentals booked directly in the Edward Jones Rewards Travel Center
Pros
- Sign up bonus
- Introductory 0% APR and $0 fee on balance transfers
- No annual fee option
Cons
- No 0% APR on purchases
- High purchase requirements to earn higher rewards
- Worldwide travel accident insurance
- Free credit score access
- Online and mobile banking
- Zero fraud liability
- Extended warranty and purchase protection
- Citi Simplicity® Card doesn’t offer any rewards for their new and existing cardholders.
Pros
- One of the longest 0% APR periods available
- No annual fee
Cons
- No rewards for new and existing cardholders
- Cannot build business credit
- Flexible payment due date: You can choose your preferred due date in the beginning, middle, or end of the month. In addition, you have the flexibility of paying either the full balance or just the minimum payment due every month.
- Citi® Identity Theft Solutions: If you’re a victim of identity theft, Citi® Identity Theft Solutions can help you resolve the matter.
- Zero liability protection: Zero liability protects you against unauthorized charges on your account. You won’t be responsible for a charge that you didn’t authorize.
- Citi Simplicity® Card doesn’t offer any rewards for their new and existing cardholders.
Pros
- One of the longest 0% APR periods available
- No annual fee
Cons
- No rewards for new and existing cardholders
- Cannot build business credit
- Flexible payment due date: You can choose your preferred due date in the beginning, middle, or end of the month. In addition, you have the flexibility of paying either the full balance or just the minimum payment due every month.
- Citi® Identity Theft Solutions: If you’re a victim of identity theft, Citi® Identity Theft Solutions can help you resolve the matter.
- Zero liability protection: Zero liability protects you against unauthorized charges on your account. You won’t be responsible for a charge that you didn’t authorize.
U.S. Bank Business Platinum Card: Best Overall for Business Credit Card Balance Transfer Offers
Why we like it: If your top goal is to transfer over high balances, the U.S. Bank Business Platinum Card should be your first choice. It offers 0% introductory APR on both balance transfers and purchases that lasts for an entire 18 billing cycles. You need to transfer your balance within 30 days after opening an account to qualify for 0% APR. The best way to use this card is to help pay down debt or to finance large purchases for your business.
While it doesn’t offer any introductory bonuses or ongoing rewards, it comes with no annual fee. Moreover, you can monitor expenses with the Visa Business Reporting tool. It’s also our leading 0% APR business credit card because it has a long introductory 0% APR offer, low ongoing APRs, and no annual fees.
Balance transfer fee: $5 minimum or 3% of the transfer, whichever is greater
U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard: Best for Ongoing Rewards
Why we like it: With the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard, you’ll benefit from an introductory 0% APR on balance transfers and purchases for 15 months. To take advantage of the 0% APR on balance transfers, you should transfer your balance within 30 days of opening an account.
This small business credit card also offers a substantial rewards program. Earn 3% cash back at gas stations, office supply stores, and mobile phone service providers and 1% cash back on all other eligible purchases. Plus, you’ll earn $500 cash back when you spend $4,500 in the first 150 days—and there’s no annual fee. It’s best for those who usually spend more on fuel and dining, making it our top fuel card for small businesses and one of our best small business credit cards.
Balance transfer fee: $5 minimum or 3% of the transfer, whichever is greater
Wells Fargo Business Platinum Card: Best for Choosing Between Cash or Points Rewards
Why we like it: The Wells Fargo Business Platinum Card offers 0% APR for only nine months, which is less than half compared to what the U.S. Bank Business Platinum Card offers. However, unlike the U.S. Bank Business Platinum Card, which doesn’t have a rewards program, the Wells Fargo Business Platinum Card allows you to earn either cash back or points-based rewards. Plus, you can also earn a one-time $300 cash back bonus or 30,000 bonus points when you spend $3,000 in the first three months after opening an account.
If you choose to earn cash back, you’ll receive 1.5% cash back on qualifying purchases. For points-based rewards, you’ll earn 1x point per dollar spent, and receive an additional 1,000 bonus points every billing cycle when you spend at least $1,000 on qualifying purchases. It’s also a good option if you prefer a business credit card that won’t affect your personal credit. The Wells Fargo Business Platinum Card is one of our best business credit cards that don’t report to personal credit bureaus.
Balance transfer fee: Varies, depending on your specific offer
PNC Visa® Business Credit Card: Best for Low Ongoing APR
Why we like it: Aside from offering 0% APR on balance transfers for the first 13 billing cycles after opening an account, the PNC Visa® Business Credit Card comes with a low ongoing APR that ranges from 12.24% to 22.24% variable. This is an excellent option for business owners who plan to carry a balance after the introductory period.
While it has no annual fee, it doesn’t offer introductory and ongoing rewards, similar to the U.S. Bank Business Platinum Card. It’s also important to note that interest-free financing is only available to balance transfers and doesn’t apply to regular purchases.
Balance transfer fee: $5 or 3% of the amount of each transfer, whichever is greater
M&T Business Rewards Credit Card: Best for Easy Unlimited Rewards
Why we like it: The M&T Business Rewards Credit Card offers a 0% introductory APR on both purchases and balance transfers for 12 months after opening an account. It comes with no annual fees and a low ongoing APR that ranges between 12.49 and 19.49%.
You’ll also get 2% cash back on all eligible purchases for the first year, then 1.5% cash back after that. It’s an ideal option for those who want a simple rewards program because there’s no need to keep track of spending categories or tiers. However, it doesn’t offer any sign-up bonus.
Balance transfer fee: $10 minimum or 4% of the transfer, whichever is greater
Edward Jones Business Plus Mastercard®: Best for No Balance Transfer Fee
Why we like it: The Edward Jones Business Plus Mastercard® is the only business credit card on this list that offers a $0 introductory balance transfer fee for balances transferred within the first 60 days from opening an account. This is on top of the 0% introductory balance transfer APR for the first 12 billing cycles. Plus, it has no annual fee for the first year, and the fee will be waived as long as you make at least one purchase using your card each year; otherwise, a $25 annual fee is charged.
During a 12-month billing cycle, you can earn 1.5% cash back on eligible purchases up to $40,000, then 2% cash back on purchases over $40,000. Plus, you’ll receive 4x points on prepaid hotels and car rentals booked directly in the Edward Jones Rewards Travel Center. It’s important to note that there’s no interest-free financing option on purchases.
Balance transfer fee: $0 for balances transferred within the first 60 days from the date the account is opened, then 3% of the balance transfer amount or a minimum of $5 thereafter
Citi Simplicity® Card: Best for Longest 0% Introductory APR for a Personal Card
Why we like it: If you have used personal credit cards for business expenses and want another card dedicated to business use, the Citi Simplicity® Card gives you a 0% introductory APR for balance transfers for an impressive 21 months. It also offers zero-interest financing on purchases for 12 month and doesn’t charge an annual fee, late fee, and penalty rate in case you missed a payment.
There are no rewards or sign-up bonuses, so the true value of using this card is to pay down debt. It’s generally easy to use, and you can even select the due date for each billing cycle. Keep in mind that this is a personal credit card, so any activity or history won’t go toward building your business credit score.
Balance transfer fee: $5 minimum or 5% of the transfer, whichever is greater
How We Evaluated the Best Balance Transfer Business Credit Cards
To select the best business card balance transfer offers, we first considered the length of the introductory 0% balance transfer APR. We also took into account transfer fees, annual fees, ongoing APRs, rewards, and whether the card has a 0% APR on purchases.
When Should You Do a Balance Transfer?
Transferring your balance from another credit card is a good idea if you need a longer period to pay off high-interest debts, so a balance transfer credit card is best for business owners who have existing debts from other cards. If you can qualify for small business credit cards with a zero-interest period on balance transfers, it can help you save money on interest while giving you ample time to settle your full balance.
When you’re setting your goals for reducing business credit card debt, be sure to include balance transfer and annual fees and consider the card’s regular APR once the introductory rate ends. It’s also important to note that some balance transfer business credit cards offer rewards to incentivize users to spend more. You need to be careful in using your card especially if your purpose is to pay off your existing debt and not accumulate new ones.
While balance transfers won’t directly affect your credit score, opening a new credit card may harm your credit. Before deciding to apply for any of the best business credit cards for balance transfers, ensure that the advantages of opening a new card outweigh the possible damage it can do to your credit.
Bottom Line
Whether you’re self-employed or a small business owner, the best business credit card with a balance transfer offer gives you an adequate amount of time to pay down your debt interest-free. To maximize the 0% introductory offer, budget your monthly payment so that you’ll have paid off any high balances when the card switches to its regular APR.
If you need to see a wider range of business credit cards, visit our Credit Card Marketplace.