7 Best Business Credit Cards for Balance Transfers for 2023
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Benilyn has over a decade of experience as a banking officer. Her expertise is featured throughout Fit Small Business in personal finance, credit card, and real estate investing content.
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 business credit card for balance transfer with 0% APR for 18 months
- Edward Jones Business Plus Mastercard: Best for no balance transfer fee and 0% APR for 12 months
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard: Best for earning up to 5% cash back with 0% APR for 15 months
- Citi Simplicity® Card: Best personal card with interest-free balance transfers for 21 months
- M&T Business Rewards Credit Card: Best for 0% APR for 12 months with unlimited cash back
- PNC Visa Business Credit Card: Best for low ongoing APR and 0% APR for 13 months
- Bank of the West Business Mastercard®: Best for 0% balance transfer APR for 12 months with up to 25% exclusive savings
Best Business Credit Cards for Balance Transfers at a Glance
Best For | Annual Fee | Introductory APR | Ongoing Rewards | |
|---|---|---|---|---|
 U.S. Bank Business Platinum Card | Best overall business credit card for balance transfer with 0% APR for 18 months | $0 | 0% APR on balance transfers and purchases for the first 18 months | None |
Credit Needed: Good to Excellent | ||||
 Edward Jones Business Plus Mastercard | No balance transfer fee and 0% APR for 12 months | $25 | 0% APR on balance transfers for the first 12 billing cycles | Up to 4x points |
Credit Needed: Good to Excellent | ||||
 U.S. Bank Business Triple Cash Rewards World Elite Mastercard | Earning up to 5% cash back with 0% APR for 15 months | $0 | 0% APR on balance transfers and purchases for the first 15 months | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 Citi Simplicity® Card | Personal card with interest-free balance transfers for 21 months | $0 | 0% APR on purchases for 12 months and on balance transfers for the first 21 months | None |
Credit Needed: Good to Excellent | ||||
 M&T Business Rewards Credit Card | 0% APR for 12 months with unlimited cash back | $0 | 0% APR on both purchases and balance transfers for the first 12 billing cycles | Up to 2% cash back |
Credit Needed: Good to Excellent | ||||
 PNC Visa Business Credit Card | Low ongoing APR and 0% APR for 13 months | $0 | 0% APR on balance transfers for the first 13 billing cycles | None |
Credit Needed: Good to Excellent | ||||
 Bank of the West Business Mastercard® | 0% balance transfer APR for 12 months with up to 25% exclusive savings | $0 | 0% APR on balance transfer and purchases for the first 12 months | Up to 25% rebates |
Credit Needed: Good to Excellent | ||||
To see how these cards stack up against others that we reviewed on our site, simply click Add to Compare on the card below and select up to two additional cards for comparison.
U.S. Bank Business Platinum Card: Best Overall Business Credit Card for Balance Transfer With 0% APR for 18 Months
U.S. Bank Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
Regular APR
16.99% - 25.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.99%-25.99%.
- 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
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
Intro APR
Regular APR
16.99% - 25.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.99%-25.99%.
- 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
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
Why we like it: If your top goal is to transfer over high balances and pay them down over a longer term, the U.S. Bank Business Platinum Card should be your first choice. It offers 0% introductory APR on both balance transfers and purchases that last 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 finance large business purchases, as it doesn’t offer introductory bonuses or ongoing rewards.
It comes with no annual fee, and you can monitor expenses with the Visa Business Reporting tool. It is also our leading 0% APR business credit card because it has a longer introductory 0% APR offer compared to most other business credit cards. If you prefer to earn rewards while enjoying a long 0% APR period on balance transfers, consider the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard.
Balance transfer fee: $5 minimum or 3% of the transfer, whichever is greater
Edward Jones Business Plus Mastercard®: Best for No Balance Transfer Fee & 0% APR for 12 Months
Edward Jones Business Plus MasterCard®
BEST FOR:
Those who do not want Balance Transfer Fees
Intro APR
None
Regular APR
19.74%to 29.74% variable
Annual Fee
None with at least one purchase to your account each year, otherwise $25
Credit Needed
Good to excellent
- 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
Intro APR
None
Regular APR
19.74%to 29.74% variable
Annual Fee
None with at least one purchase to your account each year, otherwise $25
Credit Needed
Good to excellent
- 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
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. You’ll also receive 4x points per dollar on prepaid hotels and car rentals booked directly in the Edward Jones Rewards Travel Center. It offers 15,000 points after you spend $1,000 within 90 days of opening an account. Additionally, it doesn’t charge foreign transaction fees when using the card for international purchases. However, there is 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 after that
U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard: Best for Earning Up to 5% Cash Back With 0% APR for 15 Months
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
18.99% - 27.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- 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 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
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.
Intro APR
Regular APR
18.99% - 27.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- 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 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
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.
Why we like it: With the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard, you will 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.
The advantage of this card over the U.S. Bank Business Platinum Card is that it offers a substantial rewards program. Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 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 is best for those who are usually on the road because of its generous rewards on fuel, dining, and mobile phone service providers, making it our top fuel card for small businesses. It is also one of our best small business credit cards and a great option for businesses that typically spend on office supplies.
Balance transfer fee: $5 minimum or 3% of the transfer, whichever is greater
Citi Simplicity® Card: Best Personal Card With Interest-free Balance Transfers for 21 Months
Citi Simplicity® Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Startups who need a lengthy 0% APR period fund business expenses
Intro APR
0% for 12 months
Regular APR
18.74% to 29.49% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 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.
- Mastercard® Identity Theft Protection program: If you’re a victim of identity theft, this 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.
- No additional fees: Citi® does not charge additional fees, such as late fees or penalty rate, on the Citi Simplicity® Card.
Intro APR
0% for 12 months
Regular APR
18.74% to 29.49% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 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.
- Mastercard® Identity Theft Protection program: If you’re a victim of identity theft, this 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.
- No additional fees: Citi® does not charge additional fees, such as late fees or penalty rate, on the Citi Simplicity® Card.
Why we like it: If you have used personal credit cards for business expenses and want another card for 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 months and doesn’t charge an annual fee, late fee, and penalty rate in case you miss a payment.
There are no rewards or sign-up bonuses, so the true value of using this card is to pay down debt. It is generally easy to use, and you can 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 or 3% of the transfer amount, whichever is greater for transfers completed within four months of account opening, then $5 or 5% of the transfer amount, whichever is greater
M&T Business Rewards Credit Card: Best for 0% APR for 12 Months With Unlimited Cash Back
M&T Business Rewards Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those with existing M&T checking or savings account wanting cash back rewards
Intro APR
0%
Regular APR
16.74 to 23.74% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 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.
Intro APR
0%
Regular APR
16.74 to 23.74% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- 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.
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. You will get 2% cash back on all eligible purchases for the first year, then unlimited 1.5% cash back afterward. It is an ideal option for those who want a simple rewards program because there’s no need to keep track of spending categories or tiers.
While it does not offer any sign-up bonus, it comes with no annual or foreign transaction fees. It also features a digital wallet, which allows you to easily pay for purchases at several merchants worldwide.
Balance transfer fee: $10 minimum or 4% of the transfer, whichever is greater
PNC Visa® Business Credit Card: Best for Low Ongoing APR & 0% APR for 13 Months
PNC Visa® Business Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who need a low ongoing APR
Intro APR
0% for the first 13 billing cycles after opening an account on balance transfers
Regular APR
14.49% to 24.49% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 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.
Intro APR
0% for the first 13 billing cycles after opening an account on balance transfers
Regular APR
14.49% to 24.49% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 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.
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—the lowest among all other cards in this guide. This is an excellent option for business owners planning to carry a balance after the introductory period.
To take advantage of the 0% APR on balance transfers, the transfer transaction should be completed within 90 days of card membership. While it has no annual fee, it lacks 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 does not apply to regular purchases.
Balance transfer fee: $5 or 3% of the amount of each transfer, whichever is greater
Bank of the West Business Mastercard®: Best for 0% Balance Transfer APR for 12 Months With Up to 25% Exclusive Savings
Bank of the West Business Rewards Mastercard®
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those based in the Western part of the country
Intro APR
0% for 12 months
Regular APR
Prime + 8.74% variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Get 60,000 Reward Points after spending $5,000 in the first 90 days after account opening
- 2X Points for every dollar spent on everyday qualifying purchases
- Get up to 25% in automatic rebates on gas, dining, hotels, car rentals, and more with the Mastercard Easy Savings Program®
Pros
- No annual fees
- 0% introductory APR
- Access via mobile app
Cons
- Charges foreign transaction fees
- Branches are only available in 19 states
- Zelle®: This is a unique feature within the Bank of the West’s mobile app that allows businesses to send and receive payments.
- Zero Liability Protection: Bank of the West also offers Zero Liability protection in partnership with Mastercard, ensuring credit card owners’ protection against fraud.
- Automatic alerts: You can receive automatic text messages to inform you of your credit card activities
Intro APR
0% for 12 months
Regular APR
Prime + 8.74% variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Get 60,000 Reward Points after spending $5,000 in the first 90 days after account opening
- 2X Points for every dollar spent on everyday qualifying purchases
- Get up to 25% in automatic rebates on gas, dining, hotels, car rentals, and more with the Mastercard Easy Savings Program®
Pros
- No annual fees
- 0% introductory APR
- Access via mobile app
Cons
- Charges foreign transaction fees
- Branches are only available in 19 states
- Zelle®: This is a unique feature within the Bank of the West’s mobile app that allows businesses to send and receive payments.
- Zero Liability Protection: Bank of the West also offers Zero Liability protection in partnership with Mastercard, ensuring credit card owners’ protection against fraud.
- Automatic alerts: You can receive automatic text messages to inform you of your credit card activities
Why we like it: The Bank of the West Business Mastercard® allows you to transfer a balance from another credit card at 0% APR for the first 12 billing cycles. This interest-free financing term also applies to purchases. It is a simple business credit card that offers up to 25% exclusive savings through automatic rebates on gas, dining, hotels, car rentals, and other merchants with the Mastercard Easy Savings® Program.
What’s more, you can add employee cards at no additional cost. It also lets you stay on top of your business finances with QuickBooks and Quicken integration. You can add the card to any mobile wallet to make secure payments virtually anywhere. It’s worth noting, however, that it does not offer introductory and ongoing rewards.
Balance transfer fee: $10 or 4% of the amount of each transfer, whichever is greater
How We Selected 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 offer on purchases.
Frequently Asked Questions (FAQs)
It’s 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 with 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. Note that you need to be careful using your card, especially if you intend to pay off your existing debt and not accumulate new ones.
When deciding which balance transfer business credit card is right for you, consider factors like balance transfer fees, annual fees, and the card’s regular APR once the introductory period ends. You should also check whether you will benefit more from balance transfer business credit cards that offer rewards on your purchases.
While balance transfers won’t directly affect your credit score, opening a new credit card may harm your credit, as most card issuers will perform a hard inquiry on your credit score. 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.
