10 Best Business Credit Cards with No Annual Fee 2019

Business credit cards with no annual fee are best for businesses without much revenue and owners concerned about keeping credit card expenses low. The best cards pay up to 5% in rewards and have ongoing annual percentage rates (APRs) starting at 11.49%. We identify the 10 best business credit cards with no annual fee.

Top 10 Business Credit Cards with No Annual Fee June 2019

When to Use Business Credit Cards with No Annual Fee

No annual fee business credit cards are best for businesses that want to eliminate the cost of owning a small business credit card. You should consider using a card with no annual fee if you own a startup or new business, want to issue free employee credit cards, or don’t need top-tier perks, such as airport lounge access.

Business credit cards with no annual fee are best for:

• Startup businesses: Typically, a startup business is looking for a way to keep more money in its pocket. You can accomplish this by opening a startup business credit card that charges no annual fee. Those cards are free to own and give entrepreneurs easier access to credit to help build their business.
• New businesses: Most new businesses want to find ways to minimize their spending while getting started. New business credit cards that charge no annual fees are a great way to eliminate the annual cost of a business credit card.
• Issuing free employee cards: Business cards with no annual fee also offer additional employee cards at no additional cost. This is an excellent way to get company funds in the hands of your employees without having to spend money on extra business credit cards.
• Businesses that don’t need top-tier perks: Business credit cards with high annual fees may offer more robust additional features and travel perks compared to cards with no annual fee. For example, several travel business credit cards offer free airport lounge access and free checked baggage but charge an annual fee.

Overall, it’s best to use a business credit card that carries no annual fee if you want to save your business some money. Even though the cards in our list are free to own, you’ll still have the opportunity to earn introductory bonuses, ongoing rewards, and low ongoing APRs.

How We Evaluated Business Credit Cards with No Annual Fee

We looked at business credit cards with no annual fee and determined the best by examining each card’s introductory and ongoing rewards, as well as other criteria. The best business credit card for you is likely determined by your specific business situation, like the rewards or perks you want to receive.

In our evaluation, we considered the following criteria:

• Annual fee: How much it costs to own the card. We only looked at business credit cards that charge no annual fee.
• Introductory rewards: The introductory welcome offer you can earn by meeting a minimum spending requirement. Cards on this list offer introductory rewards up to $500.
• Ongoing rewards: The rewards you can earn for your everyday business-related purchases. The cards on our list offer ongoing rewards up to 5% cash back.
• Introductory APR: Whether a card offers an introductory 0% APR period on purchases or balance transfers. Some cards on our list offer interest-free financing on purchases or balance transfers for 12 months or longer.
• Ongoing APR: How much it costs to finance purchases or balance transfers on the card. Cards on this list have ongoing APRs as low as 11.49%.
• Additional features: Any free perks or benefits that increase the card’s value, such as purchase protection and extended warranty protection. Most business credit cards on our list offer fraud protection and insurance.

We recommend Chase Ink Business Cash^SM as the best overall business credit card with no annual fee. It pays top cash back rewards for office supply spending, and you can earn an introductory reward of $500 after spending $3,000 within three months.

Chase Ink Business Cash^SM: Overall Best Business Credit Card with No Annual Fee

Chase Ink Business Cash^SM is the best overall business credit card with no annual fee. This card is designed for business owners who want to earn top cash back rewards, as it pays up to 5% cash back. You can earn a $500 bonus after spending $3,000 within the first three months. Plus, you’ll have interest-free financing on purchases for 12 months and an ongoing APR that starts at 15.49%.

Chase Ink Business Cash^SM Costs

Financing costs and fees on the Chase Ink Business Cash^SM credit card include:

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

Chase Ink Business Cash^SM only offers an interest-free financing period on purchases. If you need to transfer a balance, consider American Express Blue Business^SM Plus, which offers an introductory 0% APR period on both balance transfers and purchases. This American Express business credit card is our pick for the best balance transfer business credit card.

Chase Ink Business Cash^SM Rewards

Chase Ink Business Cash^SM offers the best ongoing rewards for office supply and telecommunications services purchases compared to other cards on our list. You also can earn bonus cash back on purchases at gas stations and restaurants. After spending $3,000 within the first three months, you’ll earn a $500 bonus.

Introductory Rewards

You’ll earn $500 cash back after spending $3,000 within the first three months after account opening. This is the highest introductory offer available among business credit cards with no annual fee. Chase Ink Business Unlimited^SM is the only other card on our list that offers an identical introductory reward.

Ongoing Rewards

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

• 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, cellular phone, and landline services each account anniversary year, then 1% afterward
• 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, then 1% afterward
• 1% cash back on all other purchases

Chase Ink Business Cash^SM and American Express SimplyCash® Plus both offer the highest rewards on office supply spending at 5% cash back. However, the American Express SimplyCash® Plus will pay its top rate on spending up to $50,000, while the Chase card caps spending at $25,000.

Chase Ink Business Cash^SM Additional Features

Chase Ink Business Cash^SM comes with the following additional features:

• Auto rental collision damage waiver: Provides primary coverage when you’re renting a car for business purposes, which means it replaces any coverage your personal insurance might offer. Chase may reimburse up to the actual cash value of the vehicle for theft and collision damage.
• Purchase protection: Covers items within 120 days of purchase from damage or theft. Coverage is limited to $10,000 per claim and $50,000 per account per year.
• Extended warranty protection: Offers an additional year of warranty on U.S. manufacturers’ warranties of three years or less.

These additional features and benefits are similar to what other cards on our list offer. However, both American Express business credit cards offer an extended warranty protection plan that covers warranties of five years or less compared to three years.

What Chase Ink Business Cash^SM Is Missing

Chase Ink Business Cash^SM caps both of its 5% and 2% rewards categories at $25,000 in spending per year, which may be too low for some business owners. If you want a card that offers a higher annual cap, American Express SimplyCash Plus is a good option. That card has an annual spending cap of $50,000 for its 5% cash back on office supply store spending.

Chase Ink Business Cash^SM Reviews

We considered both user reviews and our own editorial review when rating this card. Chase Ink Business Cash^SM reviews are mostly very positive. Compared to other cards, users especially enjoy its overall rewards and no annual fee.

Chase Ink Business Cash^SM User Reviews

We searched the internet and reviewed several user reviews for this card. Cardholders value the lack of an annual fee and love the rewards structure. Some users complain that the ongoing APR is too high. However, the high end of the ongoing APR is about three percentage points lower than what other small business credit cards charge.

Chase Ink Business Cash^SM Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Chase Ink Business Cash^SM is one of the best small business credit cards. We also believe it’s the top cash back business credit card. It offers top introductory and ongoing rewards in addition to a long introductory 0% APR period for purchases.

How to Apply for Chase Ink Business Cash^SM

You can apply for Chase Ink Business Cash^SM online by filling out a basic application with your business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days.

Apply Now

Chase Ink Business Unlimited^SM: Best for Fixed-rate Cash Back Rewards

Chase Ink Business Unlimited^SM is best for businesses that want fixed-rate cash back rewards on all purchases and no annual fee. It offers unlimited 1.5% cash back on all spending, regardless of the category. You can also earn a $500 bonus after spending $3,000 within the first three months. The ongoing APR starts at 15.49%, but you’ll have no interest for the first 12 months on purchases.

Chase Ink Business Unlimited^SM Costs

Financing costs and fees on the Chase Ink Business Unlimited^SM credit card include:

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

If you’re looking for the best introductory APR, consider choosing another business credit card with no annual fee. A good card option would be the American Express Blue Business^SM Plus card. That card offers the same length interest-free financing period, but on both purchases and balance transfers.

Chase Ink Business Unlimited^SM Rewards

Chase Ink Business Unlimited^SM offers excellent rewards, especially its introductory bonus offer. To receive an introductory reward higher than its $500 cash bonus, you’ll have to pay an annual fee. This card also offers 1.5% cash back on all spending.

Introductory Rewards

You will earn $500 cash back when you spend $3,000 in the first three months. This is the same introductory reward that’s offered on Chase Ink Business Cash^SM. When compared to other cards that charge no annual fee, this is the highest introductory reward available.

Ongoing Rewards

You will earn unlimited 1.5% cash back on all purchases, regardless of spending category. These ongoing rewards are lower than what the American Express Blue Business^SM Plus card offers. However, that American Express card only offers maximum rewards on purchases up to $50,000 each year. After that, you’ll earn just one point per dollar spent.

Chase Ink Business Unlimited^SM Additional Features

Chase Ink Business Unlimited^SM comes with the following additional features:

• Auto rental collision damage waiver: Provides primary coverage when you’re renting a car for business purposes, which means it replaces any coverage your personal insurance might offer. Chase may reimburse up to the actual cash value of the vehicle for theft and collision damage.
• Purchase protection: Covers purchased items within 120 days of purchase from damage or theft. Coverage is limited to $10,000 per claim and $50,000 per account per year.
• Extended warranty protection: Offers an additional year of warranty on U.S. manufacturers’ warranties of three years or less.

Most business credit cards on our list offer similar additional features and benefits. However, there are cards that offer better extended warranty protection. For example, American Express Blue Business^SM Plus covers warranties of five years or less. That card also provides up to an additional two years of coverage.

What Chase Ink Business Unlimited^SM Is Missing

Chase Ink Business Unlimited^SM offers a lower reward rate compared to other business credit cards on our list, especially those that offer bonus categories. For example, Chase Ink Business Cash^SM offers 5% cash back at office supply stores and on telecommunication services on up to $25,000 in purchases annually.

Chase Ink Business Unlimited^SM Reviews

We considered both user reviews and our own Chase Ink Business Unlimited^SM card review when rating this card. Most user reviews are very positive, however not as good as the Chase Ink Business Cash^SM. If you want to earn a higher fixed-rate cash-back return, you’ll have to choose a card that carries an annual fee.

Chase Ink Business Unlimited^SM User Reviews

Online user reviews suggest that cardholders like the introductory rewards and the interest-free financing period of purchases. However, some users say the ongoing cash back rewards don’t compete with other small business credit cards. There are some cards that offer fixed-rate rewards up to 2%, but those cards charge annual fees.

Chase Ink Business Unlimited^SM Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Chase Ink Business Unlimited^SM is a solid card option for business owners who want to earn unlimited fixed-rate cash back. It can also be an excellent card in addition to a bonus category card, such as Chase Ink Business Cash^SM.

How to Apply for Chase Ink Business Unlimited^SM

You can apply for Chase Ink Business Unlimited^SM online by filling out a basic application with your basic business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

Apply Now

American Express Blue Business^SM Plus: Best for Long Introductory Interest-free Financing

American Express Blue Business^SM Plus is best for companies that want a long interest-free financing period on both purchases and balance transfers and no annual fee. It offers an introductory 0% APR period for 12 months and ongoing rewards up to 2x points per dollar spent. This card is ideal for business owners who need to finance large purchases or transfer a balance. Ongoing APR starts at 15.49%.

American Express Blue Business^SM Plus Costs

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

• Annual fee: None
• Introductory APR: 0% for 12 months on purchases and balance transfers, making it one of the best 0% APR business credit cards
• Ongoing APR: 15.49% to 21.49%
• Balance transfer fee: $5 or 3% of the transfer, whichever is greater

In addition to one the best 0% APR introductory offers, American Express Blue Business^SM Plus is one of the best balance transfer business cards. Other cards on our list charge a 4% to 5% balance transfer fee. The lower fee of 3% can save you tons of money if you’re planning on transferring a large balance. However, the low end of its ongoing APR is three percentage points higher than the Bank of America Platinum Visa® Business.

American Express Blue Business^SM Plus Rewards

The American Express Blue Business^SM Plus credit card is one of the few cards on our list that does not offer an introductory reward. However, you can earn as much as 2x points on all purchases up to $50,000 each year.

Introductory Rewards

The American Express Blue Business^SM Plus credit card does not offer any introductory rewards. Most cards on our list offer both introductory and ongoing rewards. Choosing a card that offers both can allow you to earn hundreds of dollars or more. For example, Chase Ink Business Cash^SM offers $500 after you spend $3,000 within the first three months.

Ongoing Rewards

With the American Express Blue Business^SM Plus card, you can earn:

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

You can redeem your points for airfare or other paid travel through American Express Travel, gift cards, or statement credits. Additionally, you can transfer your points to select airline and hotel loyalty programs. Several other American Express business credit cards also let you to transfer points.

American Express Blue Business^SM Plus Additional Features

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

• Extended warranty protection: American Express provides up to an additional two years of warranty if the original manufacturer’s warranty is five years or less. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
• Purchase protection: The issuer will repair, replace, or reimburse you for a purchased item that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.

The extended warranty protection on warranties of five years or less is longer than what’s offered by Chase Ink Business Cash^SM. That card only covers warranties of three years or less and provides up to an additional one year. However, Chase’s purchase protection coverage limit of $10,000 is much higher.

What American Express Blue Business^SM Plus Is Missing

American Express Blue Business^SM Plus doesn’t offer any introductory rewards. Additionally, it offers fixed-rate rewards on all spending, while other cards may offer enhanced bonus category rewards. For example, the Chase Ink Business Cash^SM pays up to 5% cash back on specific spending categories.

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 are mostly positive. Business owners believe both its ongoing rewards and interest-free financing help them grow their companies. Some users complain about its 2.7% foreign transaction fee, which makes it not a good card for traveling overseas.

American Express Blue Business^SM Plus User Reviews

We searched the internet for user reviews and found them to be mixed. Cardholders say they enjoy the ongoing rewards and American Express’s customer service. However, there are complaints about the lack of an introductory reward.

American Express Blue Business^SM Plus Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. American Express Blue Business^SM Plus is one of the best small business credit cards for business owners who want to save money on interest. Its 0% APR period for 12 months on purchases and balance transfers is one of the best available among business credit cards.

How to Apply for American Express Blue Business^SM Plus

You can apply for American Express Blue Business^SM Plus online in a matter of minutes. You’ll be required to fill out a basic application containing your business and personal information. Once approved, you’ll receive your card within seven to 10 days.

Apply Now

Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for Travel Rewards

Bank of America® Business Advantage Travel Rewards World Mastercard® is best for businesses that want to earn travel rewards and no annual fee. You will earn 3x points per dollar spent on travel purchases and pay no foreign transaction fees. Additionally, you’ll have no-interest on purchases for the first nine billing cycles. Ongoing APR is as low as 13.49%.

Bank of America® Business Advantage Travel Rewards World Mastercard® Costs

Financing costs and fees on Bank of America® Business Advantage Travel Rewards World Mastercard® include:

• Annual fee: None
• Introductory APR: 0% on purchases for nine billing cycles
• Ongoing APR: 13.49% to 23.49%, which will adjust with the prime rate
• Balance transfer fee: $10 or 4% of the amount of each transaction, whichever is greater

Other cards on our list of the best business credit cards with no annual fee offer longer introductory 0% APR periods on purchases. For example, Chase Ink Business Cash^SM has interest-free financing on purchases for 12 months. However, that card’s lowest ongoing APR is two percentage points higher than the best offer from Bank of America® Business Advantage Travel Rewards World Mastercard®.

Bank of America® Business Advantage Travel Rewards World Mastercard® Rewards

Bank of America® Business Advantage Travel Rewards World Mastercard® offers three points for every dollar spent on travel purchases booked through Bank of America Travel Center. Plus, you can earn an introductory reward worth $250 after spending $1,000 within 60 days.

Introductory Rewards

You’ll earn 25,000 bonus points when you make at least $1,000 in net purchases in the first 60 days of your account opening. These bonus points can be redeemed for a $250 statement credit toward travel purchases. When compared to other cards on our list, this introductory reward is low. Chase Ink Business Cash^SM and Chase Ink Business Unlimited^SM both offer $500 after you spend $3,000 within three months.

Ongoing Rewards

You’ll earn points as you use the card for the following purchases:

• 3 points per dollar spent on travel purchases (car, hotel, and airline) booked through Bank of America Travel Center
• Unlimited 1.5 points for every dollar spent on all purchases

If you also enroll in the Business Advantage Relationship Rewards program, you can earn an additional 75% rewards bonus on all purchases. This means you can potentially earn up to unlimited 2.62 points on all non-travel purchases. When compared to other cards and their everyday spending rewards, this rate is the highest. Overall, these are excellent rewards for business owners looking for a travel business credit card that has no annual fee.

To earn that bonus rate, you must have at least $100,000 deposits or investments with the bank. This is one reason it pays to have an existing relationship with Bank of America.

Bank of America® Business Advantage Travel Rewards World Mastercard® Additional Features

Compared to other cards on our list, Bank of America® Business Advantage Travel Rewards World Mastercard® is lacking robust additional card features. Additionally, Bank of America doesn’t publish benefit details before receiving your card. However, we do know you’ll receive auto rental insurance, travel accident insurance, lost luggage reimbursement, and overdraft protection, but you’ll learn specific details after application.

What the Bank of America® Business Advantage Travel Rewards World Mastercard® Is Missing

Bank of America® Business Advantage Travel Rewards World Mastercard® doesn’t offer great rewards for business owners who spend a lot on office supplies. This card is primarily designed for business owners who travel frequently. There are also other cards on our list that offer better rewards for everyday spending, unless you qualify for the 75% rewards bonus in Bank of America’s Business Advantage Relationship Rewards program.

Bank of America® Business Advantage Travel Rewards World Mastercard® Reviews

We considered both user reviews and our own editorial review when rating this card. Bank of America® Business Advantage Travel Rewards World Mastercard® reviews are mostly positive. This card does lack some travel perks offered on other travel business credit cards.

Bank of America® Business Advantage Travel Rewards World Mastercard® User Reviews

We scoured the internet to find user reviews and most were positive. Most users find this card has good value because of the travel rewards and lack of an annual fee. However, some users are upset this card doesn’t offer airport lounge access. The best business credit cards with lounge access all charge an annual fee.

Bank of America® Business Advantage Travel Rewards World Mastercard® Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. We believe this is a good pick for business owners who travel often and want to open up their first travel rewards card. However, it doesn’t offer the same robust benefits as other travel credit cards because it’s free to own.

How to Apply for the Bank of America® Business Advantage Travel Rewards World Mastercard®

You can apply for the Bank of America® Business Advantage Travel Rewards World Mastercard® online. You’ll be required to fill out a basic application, and you can receive instant approval. Once approved, you’ll receive your card within seven to 10 days.

Apply Now

U.S. Bank Business Cash Rewards World Elite™ MasterCard®: Best for Cellphone Expenses

U.S. Bank Business Cash Rewards World Elite™ MasterCard® is best for businesses that have frequent cellphone expenses and want no annual fee. It offers 3% cash back on cellphone purchases and service. It also pays 3% cash back on gas and office supply expenses. You’ll also earn $200 cash back after spending $1,000 within the first 90 days and an annual bonus up to $250. Ongoing APR starts at 14.24%.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® Costs

Financing costs on the U.S. Bank Business Cash Rewards World Elite™ MasterCard® include:

• Annual fee: None
• Introductory APR: 0% on purchases for the first nine billing cycles
• Ongoing APR: 14.24% to 25.24%, which will adjust with the prime rate
• Balance transfer fee: $5 or 3%, whichever is greater

Most cash back business credit cards don’t charge annual fees, such as this card and Chase Ink Business Cash^SM. However, the high end of the ongoing APR on Chase Ink Business Cash^SM is about four percentage points lower when compared to U.S. Bank Business Cash Rewards World Elite™ MasterCard®.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® Rewards

U.S. Bank Business Cash Rewards World Elite™ MasterCard® offers a $200 introductory bonus after you spend $1,000 within the first 90 days, which is the lowest on our list among cards that offer introductory rewards. This card also pays up to 3% cash back on select spending categories.

Introductory Rewards

You will earn $200 cash back after spending $1,000 within the first 90 days. This is the lowest introductory rewards offered among cards on our list. Chase Ink Business Cash^SM and Chase Ink Business Unlimited^SM both offer $500 after you spend $3,000 within the first three months.

Ongoing Rewards

You’ll earn the following ongoing rewards when using your card:

• 3% cash back on cellphone purchases and service
• 3% cash back on gas purchases up to $200 per single purchase
• 3% cash back at office supply stores
• 1% cash back on all other eligible purchases

U.S. Bank also offers a unique annual bonus that’s equal to 25% of your prior year’s cash rewards, up to $250. We have reviewed dozens of small business credit cards and we have not come across a similar feature.

The cellphone category bonus is also unique when compared to other small business credit cards on our list. However, the everyday spending reward of 1% cash back is common. If you’re looking to earn non-category bonus rewards, a good card option would be the Chase Ink Business Unlimited^SM. That card offers unlimited 1.5% cash back on all purchases.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® Additional Features

U.S. Bank Business Cash Rewards World Elite™ MasterCard® includes:

• Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year on warranties of five years or less. Coverage is limited to $10,000 per claim.
• Purchase protection: The issuer may repair or reimburse purchased items that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per claim and $25,000 per year, per account.

The additional features provided on U.S. Bank Business Cash Rewards World Elite™ MasterCard® are common across the best small business credit cards. However, this card offers better extended warranty protection when compared to American Express Blue Business^SM Plus. That card covers warranties of five years or less, but the coverage is limited to $1,000 per claim.

What the U.S. Bank Business Cash Rewards World Elite™ MasterCard® Is Missing

U.S. Bank Business Cash Rewards World Elite™ MasterCard® offers both lower introductory and ongoing rewards when compared to other cards on our list. Chase Ink Business Cash^SM, for example, offers introductory rewards worth $500 and ongoing rewards up to 5% on specific spending categories.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® Reviews

We considered both user reviews and our own editorial review when rating this card. U.S. Bank Business Cash Rewards World Elite™ MasterCard® reviews are generally positive. Most users enjoy the ongoing rewards, but there are complaints about the card’s additional features.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® User Reviews

We reviewed online user reviews and found most to be positive. Cardholders especially like the card’s ongoing rewards and how easy it is to redeem their rewards. However, some say that other business credit cards offer more top-tier additional benefits.

U.S. Bank Business Cash Rewards World Elite™ MasterCard® Editorial Reviews

U.S. Bank Business Cash Rewards World Elite™ MasterCard® is a solid card that offers a unique annual cash bonus up to $250. However, it’s primarily designed for business owners who have frequent cellphone, gas, and office supply expenses.

How to Apply for the U.S. Bank Business Cash Rewards World Elite™ MasterCard®

You can apply online for U.S. Bank Business Cash Rewards World Elite™ MasterCard®. You’ll be required to provide both your basic business and personal information. Once you’re approved, you’ll receive your card in the mail within seven to 10 days.

Apply Now

Bank of America® Business Advantage Cash Rewards Mastercard®: Best for Earning Gas Rewards

Bank of America® Business Advantage Cash Rewards Mastercard® is best for firms that want to earn gas rewards on its gas purchases and no annual fee. It offers 3% cash back on gas station spending, and the opportunity to earn more by enrolling in the Business Advantage Relationship Rewards program. You’ll also have interest-free financing on purchases for the first nine billing cycles. The ongoing APR is between 14.49% and 24.49%.

Bank of America® Business Advantage Cash Rewards Mastercard® Costs

Financing costs and fees on Bank of America® Business Advantage Cash Rewards Mastercard® include:

• Annual fee: None
• Introductory APR: 0% for nine billing cycles on purchases
• Ongoing APR: 14.49% to 24.49%, which changes with the prime rate
• Balance transfer fee: $10 or 4%, whichever is greater

If you’re looking for a card that is best for balance transfers, you’ll want to look elsewhere. A good alternative would be the American Express Blue Business^SM Plus credit card. That card is one of the best balance transfer credit cards, as it offers a long introductory 0% APR period on both purchases and balance transfers. Plus, the high end of its ongoing APR is three percentage points lower than this Bank of America card.

Bank of America® Business Advantage Cash Rewards Mastercard® Rewards

We rank this card among the best cash back business cards, as it pays 3% on the category of your choice including gas stations. Plus, you’ll earn a $300 bonus if you spend $3,000 or more within the first 90 days of your account opening.

Introductory Rewards

You will earn a $300 statement credit after you spend at least $3,000 within the first 90 days. This introductory offer is lower when compared to Chase Ink Business Cash^SM and Chase Ink Business Unlimited^SM. Both of those Chase Ink business credit cards offer a $500 introductory reward after spending $3,000 within three months.

Ongoing Rewards

You’ll earn the following rewards when using your card:

• 3% cash back on the category of your choice such as gas stations (default), office supply stores, travel, TV and telecommunications services, wireless, computer services or business consulting services (for the first $50,000 in combined choice category or dining purchases each calendar year, 1% thereafter)
• 2% cash back at restaurants
• Unlimited 1% cash back on all other purchases

Similar to Bank of America® Business Advantage Travel Rewards World Mastercard®, with this card you can earn reward bonuses by enrolling in the Business Advantage Relationship Rewards program. By doing so, you can receive an additional 75% rewards bonus on every purchase. If you want to earn rewards on office supplies or telecommunication services, choose Chase Ink Business Cash^SM. That card pays 5% cash back in those categories.

To earn that bonus rate, you must have at least $100,000 deposits or investments with the bank. This is one reason it pays to have an existing relationship with Bank of America.

Bank of America® Business Advantage Cash Rewards Mastercard® Additional Features

Bank of America doesn’t disclose the details of its card benefits until you receive your card and benefits guide. We do know you’ll receive up to $100,000 in travel accident insurance, which covers you in case of a loss of life or dismemberment. If you want to receive top-tier perks and benefits, consider a card like American Express Blue Business^SM Plus credit card.

What the Bank of America® Business Advantage Cash Rewards Mastercard® Is Missing

There are other cards on our list that offer a better rewards structure compared to Bank of America® Business Advantage Cash Rewards Mastercard®. The advantage comes by having an existing Bank of America bank account and by enrolling in the Business Advantage Relationship Rewards program. If you want a card that offers better rewards overall, consider Chase Ink Business Cash^SM.

Bank of America® Business Advantage Cash Rewards Mastercard® Reviews

We considered both user reviews and our own editorial review when rating this card. Bank of America® Business Advantage Cash Rewards Mastercard® reviews are mixed. This card is free to own, but it lacks top-tier rewards and benefits compared to other business credit cards.

Bank of America® Business Advantage Cash Rewards Mastercard® User Reviews

We found most online user reviews to be mixed. Cardholders especially enjoy the lack of an annual fee and the ability to choose the 3% cash back rewards category. However, some users complain about the low introductory reward.

Bank of America® Business Advantage Cash Rewards Mastercard® Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews suggest that this Bank of America business credit card is decent. Its introductory and ongoing rewards are only average at best.

How to Apply for the Bank of America® Business Advantage Cash Rewards Mastercard®

You can apply for Bank of America® Business Advantage Cash Rewards Mastercard® online. Once you fill out the application with your basic business and personal information, you can be approved instantly. Once approved, you’ll receive a card in the mail within seven to 10 days.

Apply Now

American Express SimplyCash® Plus: Best for Choosing Category Rewards

American Express SimplyCash® Plus is best for business owners who want to choose category rewards and no annual fee. This card offers 3% cash back on up to $50,000 in annual spending, then 1% thereafter from one of eight categories you choose from. You’ll also earn 5% cash back on office supplies and telecommunication services. There is an introductory 0% APR period for 15 months on purchases. Once the promotion period ends, its ongoing APR starts at 14.49%.

American Express SimplyCash® Plus Costs

Financing costs and fees on the American Express SimplyCash® Plus card include:

• Annual fee: None
• Introductory APR: 0% for 15 months on purchases
• Ongoing APR: 14.49% to 21.49%, which changes with the prime rate
• Balance transfer fee: Balance transfers are not allowed

For business owners with a strong personal credit score of 750 more, you can receive this card’s low ongoing APR of 14.49%. This is not the lowest on our list, but it’s lower than our best overall card, Chase Ink Business Cash^SM. That card’s ongoing APR starts at one percentage point higher than this American Express business credit card.

American Express SimplyCash® Plus Rewards

American Express SimplyCash® Plus does not offer any introductory rewards, similar to the American Express Blue Business^SM Plus credit card. However, you’ll earn generous ongoing rewards when it comes to office supply spending. This card pays 5% on office supplies and telecommunications services on up to $50,000 annually.

Introductory Rewards

This no annual fee business credit card does not offer any introductory rewards. If you want to earn an introductory reward and have big office supply expenses, consider Chase Ink Business Cash^SM. That card offers $500 after spending $3,000 within the first three months and pays 5% cash back on office supplies purchases up to $25,000 per year.

Ongoing Rewards

You’ll receive the following rewards for using this card:

• 5% cash back at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers on up to $50,000 in purchases during a calendar year, then 1% thereafter
• 3% cash back on up to $50,000 in annual spending (then 1%) from one of eight categories you pick from:
  • Airfare purchased directly from airlines
  • Hotel rooms purchased directly from hotels
  • Car rentals purchased from select car rental companies
  • U.S. gas stations
  • U.S. restaurants
  • U.S. purchases for advertising on select media
  • U.S. purchases for shipping
  • U.S. computer hardware, software, and cloud computing purchases made directly from select providers
• 1% cash back on all other purchases

Similar to Bank of America® Business Advantage Cash Rewards Mastercard®, you can choose the category where you want to earn 3% cash back. However, you’ll have eight categories to choose from on this American Express card.

American Express SimplyCash® Plus Additional Features

American Express SimplyCash® Plus comes with the following additional features:

• Extended warranty protection: American Express provides up to an additional two years of warranty if the original manufacturer’s warranty is five years or less. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
• Purchase protection: The issuer will repair, replace, or reimburse you for a purchased item that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.

These additional features are similar when compared to other credit cards on our list, specifically American Express Blue Business^SM Plus. If you travel often, other American Express business credit cards also offer top-tier travel perks, including baggage insurance, car rental insurance, and airport lounge access. However, those cards all charge an annual fee.

What American Express SimplyCash® Plus Is Missing

American Express SimplyCash® Plus does not offer any introductory rewards. If you’re looking to capitalize on a signup bonus, consider Chase Ink Business Cash^SM. That card offers $500 after you spend $3,000 within the first three months. It also pays 5% cash back on office supply purchases up to $25,000.

American Express SimplyCash® Plus Reviews

We considered both user reviews and our own editorial review when rating this card. American Express SimplyCash® Plus reviews suggest this is a solid card for businesses that have office supply expenses up to $50,000 annually. However, there are no introductory rewards.

American Express SimplyCash® Plus User Reviews

Most online American Express SimplyCash® Plus user reviews are positive. Cardholders especially love the ability to choose their spending category for the 3% cash back rewards. However, many users complain about the lack of any introductory rewards.

American Express SimplyCash® Plus Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. American Express SimplyCash® Plus offers strong ongoing cash back rewards for office-based businesses. If you’re looking to earn rewards for non-office supply expenses and on all spending, it would be best to look at the Chase Ink Business Unlimited^SM.

How to Apply for American Express SimplyCash® Plus

You can apply for American Express SimplyCash® Plus the online in a matter of minutes. You’ll be required to fill out a basic application containing your business and personal information. Once approved, you’ll receive your card within seven to 10 days.

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Bank of America® Platinum Visa® Business: Best for the Lowest Ongoing APR

The Bank of America® Platinum Visa® Business card is best for companies that want the lowest ongoing APR and no annual fee. This card’s ongoing APR ranges from 11.49% to 22.49%. Plus, you’ll have an introductory 0% APR period on purchases for seven billing cycles. This card also offers a $300 statement credit after spending $3,000 within the first 90 days.

Bank of America® Platinum Visa® Business Costs

Financing costs and fees on the Bank of America® Platinum Visa® Business card include:

• Annual fee: No annual fee
• Introductory APR: 0% APR on purchases for seven billing cycles
• Ongoing APR: 11.49% to 22.49%, which adjusts with the prime rate
• Balance transfer fee: $10 or 4%, whichever is greater

This business credit card with no annual fee does not offer an introductory APR for balance transfers like American Express Blue Business^SM Plus does. It also has a high balance transfer fee. This card is designed for those who want cheap ongoing financing for their business-related purchases. If you need to make a balance transfers, choose a balance transfer business credit card.

Bank of America® Platinum Visa® Business Rewards

The Bank of America® Platinum Visa® Business card offers a $300 introductory reward after spending $3,000 within 90 days. However, this card does not offer any ongoing rewards. Again, this card is primarily for those looking for cheap ongoing financing.

Introductory Rewards

You will receive a $300 statement credit after you spend $3,000 in purchases within the first 90 days your account is open. When compared to Chase Ink Business Cash^SM, that card offers a $500 bonus after spending $3,000 within three months.

Ongoing Rewards

The Bank of America® Platinum Visa® Business card does not offer any opportunity to earn cash back or points rewards. This is the only card on our list that doesn’t offer an ongoing rewards program. If you want a low ongoing APR and what to earn rewards, a good card option would be U.S. Bank Business Cash Rewards World Elite™ MasterCard®.

Bank of America® Platinum Visa® Business Additional Features

The only additional feature that is worth noting on the Bank of America® Platinum Visa® Business card is travel accident insurance. You’ll receive up to $100,000 in travel accident insurance, which covers you in case of loss of life or dismemberment. That feature is also available on Bank of America® Business Advantage Travel Rewards World Mastercard®, which is a better option if you travel often.

Bank of America® Platinum Visa® Business Is Missing

The Bank of America® Platinum Visa® Business card is the only card on our list that does not offer an opportunity to earn ongoing rewards. This card is solely meant for business owners and companies that want access to cheap ongoing financing. If you want a card that offers rewards and a low ongoing APR, consider U.S. Bank Business Cash Rewards World Elite™ MasterCard®.

Bank of America® Platinum Visa® Business Reviews

We considered both user reviews and our own editorial review when rating this card. Bank of America® Platinum Visa® Business reviews are generally mixed. While the low ongoing APR is the primary focus on this card, its rewards and benefits are below average.

Bank of America® Platinum Visa® Business Reviews

We searched the internet for Bank of America® Platinum Visa® Business card user reviews and they are mixed. Cardholders especially love the lack of an annual fee and low ongoing APR, which makes it a cheap card to own. However, users wish that the card offered ongoing rewards.

Bank of America® Platinum Visa® Business Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews for this Bank of America business credit card agree that this card is a strong, low APR business credit card. But reviews show there isn’t much else to be excited about.

How to Apply for the Bank of America® Platinum Visa® Business

You can apply for the Bank of America® Platinum Visa® Business card online. You’ll be required to provide your basic personal and business information, and you’ll typically receive a decision immediately. Once approved, you’ll receive a card in the mail within seven to 10 days.

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Capital One® Spark® Cash Select for Business: Best for Companies That Spend Less than $19,000 Annually

Capital One® Spark® Cash Select for Business is best for companies that have few business expenses and want no annual fee. This card pays unlimited 1.5% cash back on all purchases and is designed for companies that spend less than $19,000 annually on its business credit cards. That’s the threshold at which you’ll benefit more from the Capital One® Spark® Cash for Business, but that card charges a $95 annual fee. Ongoing APR starts at 15.24%.

Capital One® Spark® Cash Select for Business Costs

Financing costs and fees on Capital One® Spark® Cash Select for Business include:

• Annual fee: None
• Introductory APR: 0% for nine months on purchases
• Ongoing APR: 15.24% to 23.24%, which will adjust based on the prime rate
• Balance transfer fee: None

Capital One® Spark® Cash Select for Business offers an introductory interest-free financing period that is shorter than other cards on our list, such as Chase Ink Business Cash^SM. That card offers an introductory 0% APR period on purchases for 12 months. However, this Capital One business credit card is the only card on our list that doesn’t charge a balance transfer fee. Chase Ink Business Cash^SM charges $5 or 5%, whichever is greater.

Capital One® Spark® Cash Select for Business Rewards

Capital One® Spark® Cash Select for Business offers one of the smallest introductory rewards on our list. You’ll earn $200 after spending $3,000 within the first three months. You can earn unlimited 1.5% cash back on all spending.

Introductory Rewards

You’ll earn a $200 cash bonus when you spend $3,000 within the first three months, which is the smallest introductory bonus on our list. Chase Ink Business Unlimited^SM offers identical unlimited ongoing rewards, but you can earn a $500 bonus after spending $3,000 within three months.

Ongoing Rewards

You’ll earn unlimited 1.5% cash back on all spending. This is the same when compared to Chase Ink Business Unlimited^SM. However, with that card you can tap into a more substantial introductory reward and a longer introductory 0% APR period on purchases of 12 months. Capital One also offers Capital One® Spark® Miles Select for Business, which is essentially an identical card besides the rewards. Instead of earning cash back, you’ll earn miles.

Capital One® Spark® Cash Select for Business Additional Features

Capital One® Spark® Cash Select for Business offers the following protections:

• Extended warranty protection: Extends the time period of the U.S. manufacturer’s warranty by up to one year on eligible warranties of three years or less.
• Purchase protection: According to Capital One’s benefits guide, this covers your new purchases for 90 days against damage or theft up to $10,000 per claim and $50,000 per account per year.

According to Capital One’s website, Capital One® Spark® Cash Select for Business provides access to Visa® Business Benefits. These features are similar when compared to other business credit cards on our list. However, the American Express SimplyCash® Plus covers warranties of five years or less.

What the Capital One® Spark® Cash Select for Business Is Missing

Capital One® Spark® Cash Select for Business doesn’t provide interest-free financing on balance transfers. If you want to transfer your balance on another card that’s accruing interest, consider American Express Blue Business^SM Plus. That card offers a long introductory 0% APR period on purchases and balance transfers. We also believe it to be one of the best balance transfer business credit cards available.

Capital One® Spark® Cash Select for Business Reviews

We considered both user reviews and our own editorial review when rating this card. Capital One® Spark® Cash Select for Business reviews suggest this is a solid credit card if you have few expenses. However, it offers a small introductory reward compared to other cards on our list.

Capital One® Spark® Cash Select for Business User Reviews

Online Capital One® Spark® Cash Select for Business user reviews are mostly mixed. Cardholders love the simple rewards program and interest-free financing period on purchases for nine months. However, users complain about the lack of a higher introductory reward similar to what the best small business credit cards offer.

Capital One® Spark® Cash Select for Business Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews for this card agree that it’s best for businesses that have annual credit card expenses less than $19,000. If you spend more than $19,000 every year, consider Capital One® Spark® Cash for Business. That card pays 2% cash back, but has an annual fee of $95, which is free over the first year.

How to Apply for the Capital One® Spark® Cash Select for Business

You can apply for the Capital One® Spark® Cash Select for Business card online. You’ll be required to provide your basic personal and business information. Once approved, you’ll receive your card within seven to 10 business days.

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Capital One® Spark® Classic for Business: Best for Fair Credit Business Owners

Capital One® Spark® Classic for Business is best for business owners with fair credit who want to earn rewards and pay no annual fee. This card pays 1% cash back on all purchases and has a variable ongoing APR of 25.24%. Although that ongoing APR may seem high, it’s about average for a business credit card for fair credit.

Capital One® Spark® Classic for Business Costs

Financing costs and fees on Capital One® Spark® Classic for Business include:

• Annual fee: None
• Introductory APR: None
• Ongoing APR: Variable rate of 25.24%, which will adjust with changes to the prime rate
• Balance transfer fee: None

Capital One® Spark® Classic for Business charges the highest ongoing APR on our list, but it’s average for a fair credit business credit card. This is the only card on our list that is for fair credit, and we believe it’s one of the best business credit cards for fair credit.

Capital One® Spark® Classic for Business Rewards

Capital One® Spark® Classic for Business does not offer any introductory rewards. However, you can earn 1% cash back on all purchases. These rewards are common across business credit cards for fair credit.

Introductory Rewards

Capital One® Spark® Classic for Business offers no introductory reward. Most often, fair credit business credit cards don’t offer any welcome offers or signup bonuses.

Ongoing Rewards

You’ll earn unlimited 1% cash back on all purchases. This is an excellent card if you have fair credit, but still want to earn some cash back rewards. If you want to earn rewards and your personal credit score is below 580, consider applying for a secured business credit card.

Capital One® Spark® Classic for Business Additional Features

Capital One® Spark® Classic for Business includes the following additional features:

• Extended warranty protection: You’ll get additional warranty protection on eligible items that are purchased with your business card, up to one year past the manufacturer’s warranty.
• Purchase protection: Capital One will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.

According to Capital One’s website, you’ll receive Visa® Business Benefits through the Capital One® Spark® Classic for Business. These additional features are similar when compared to the Capital One® Spark® Cash Select for Business card.

What the Capital One® Spark® Classic for Business Is Missing

Capital One® Spark® Classic for Business doesn’t offer an introductory rewards and is lacking a strong ongoing rewards structure. However, business owners who are applying for this card usually are looking to build credit and not necessarily searching for the best rewards.

Capital One® Spark® Classic for Business Reviews

We considered both user reviews and our own editorial review when rating this card. Capital One® Spark® Classic for Business reviews agree this card is best when you want to build your credit. The small ongoing rewards are just an added benefit.

Capital One® Spark® Classic for Business User Reviews

Online Capital One® Spark® Classic for Business user reviews are generally positive. Users like that they can earn rewards even if they have fair credit. There are some complaints about missing perks and low credit limits.

Capital One® Spark® Classic for Business Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews for this card agree that it’s one of the best fair credit business credit cards. This card is seen as beneficial because of the lack of an annual fee and easier qualification requirements. If you want similar perks offered on this card, such as controlling employee spending, without a credit check, consider a prepaid business card.

How to Apply for the Capital One® Spark® Classic for Business

You can apply for Capital One® Spark® Classic for Business online. The application takes minutes and you can get approved instantly. Once approved, the card typically takes seven to 10 business days to arrive.

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Pros & Cons of Business Credit Cards with No Annual Fee

Business credit cards with no annual fee provide an inexpensive financing option, let you keep all of your rewards earned, and help startups or new businesses. However, credit cards that charge no annual fees usually don’t come with robust perks, have less insurance, and only offer small introductory rewards up to $500.

Pros of Business Credit Cards with No Annual Fee

The pros of business credit cards with no annual fee are:

• It’s an inexpensive financing option: Credit cards with no annual fees are a cheap way to get a credit card for your business. There are some business credit cards charge an annual between $95 to $595.
• You don’t lose any rewards you earn: No annual fee means you don’t need to use any rewards to offset the cost of owning the card. This means all the rewards you earn will belong to your name.
• They help startups or new businesses: Business credit cards with no annual fee are great for businesses that are just getting off the ground. These cards are an excellent way to access financing without having to break the bank.

Cons of Business Credit Cards with No Annual Fee

The cons of business credit cards with no annual fee are:

• Absence of top-tier travel perks: Most cards that have no annual fee typically don’t come with top-tier travel perks, such as airport access or free checked baggage. If you want premium travel perks, consider a travel business credit card, which typically charge annual fees.
• Lack of insurance and other protections: Cards without annual fees sometimes lack insurance and other protections. If you want to receive these benefits, you’ll need to choose a business credit card that carries an annual fee. You can shop and compare the best credit cards in our credit card marketplace.
• Smaller introductory rewards: Sometimes, cards that don’t charge an annual fee also don’t offer the best introductory rewards. If you want to earn substantial introductory rewards, you’re better off paying for one of the best small business credit cards.

Overall, business credit cards with no annual fee are an excellent way to receive cheap business financing. You can receive introductory bonuses up to $500, earn ongoing rewards up to 5% back, and have access to interest-free financing periods.

Bottom Line

We believe Chase Ink Business Cash^SM is the best overall business credit card with no annual fee. You will earn a $500 bonus after spending $3,000 within the first three months and up to 5% cash back. Plus, you’ll have an introductory 0% APR on purchases for 12 months. Apply online in a matter of minutes.

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