8 Best Credit Cards for Nonprofits in 2022
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.
The best credit cards for nonprofits offer ongoing rewards, no annual fees, 0% introductory annual percentage rates (APRs), and low ongoing APRs. We’ve selected a variety of cards with strong cash back, points, and travel rewards for those who travel frequently. We also included a charge card and a secured credit card for those who cannot qualify for a regular business credit card.
Here are the eight best credit cards for nonprofits:
- Chase Ink Business Cash®: Best overall credit card for nonprofits
- Capital One® Spark® Miles for Business: Best for travel rewards
- U.S. Bank Triple Cash Rewards World Elite Mastercard®: Best for 0% introductory APR
- Charity Charge Nonprofit Business Card: Best for vendor discounts
- Bank of America Business Advantage Unlimited Cash Rewards: Best for no limits on purchases
- American Express Blue Business CashTM: Best for easy cash back rewards
- PNC points® Visa® Business Credit Card: Best for points-based rewards and low ongoing APR
- Bank of America Business Advantage Unlimited Cash Rewards Secured Credit Card: Best secured card for nonprofits with low or limited credit
To see how these cards stack up against others we have reviewed on our site, click Add to Compare on a card below and select up to two additional cards for comparison.
Chase Ink Business Cash®: Best Overall Credit Card for Nonprofits
Ink Business Cash® 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:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Why we like it: The Chase Ink Business Cash® card is our best overall nonprofit credit card because it’s useful for fundraising expenses. If you’re printing letters, mailers, grant proposals, and annual reports, calling donors frequently, or planning events, you’ll earn premium rewards from this card.
For the first $25,000 you spend on office supplies, internet, cable, and phone services each year, you get 5% cash back. You can also get 2% cash back at gas stations and restaurants for the first $25,000 per year, and 1% back on all other purchases. You can receive your cash back as a statement credit or as a deposit to your savings or checking account. You may also redeem your rewards toward travel, gift cards, and merchandise. Its strong rewards program and other benefits also made this card our top choice for startups and limited liability companies (LLCs).
Other things that make this card valuable include:
- No annual fee: Without having to pay an annual fee, your nonprofit will minimize its credit cost and save money while earning rewards on expenses.
- Sign-up bonus: If you can spend at least $7,500 within the first three months of card ownership, you’ll receive a cash back bonus of $750, which you can use toward your operational expenses and nonprofit programs.
- 0% introductory APR: You can make a large purchase and pay it off within 12 months from opening an account without having to pay any interest.
Capital One® Spark® Miles for Business: Best for Travel Rewards
Capital One® Spark® Miles for Business
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:
Unlimited 2x miles with every swipe
Intro APR
N/A
Regular APR
22.49% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent, Good
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA PreCheck® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Intro APR
N/A
Regular APR
22.49% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent, Good
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA PreCheck® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Why we like it: If you travel frequently for your nonprofit, use the Capital One® Spark® Miles for Business and get an unlimited 2x miles on every business purchase and 5x miles when you book with Capital One Travel for hotel and rental cars. You can redeem your miles for flights or hotels or transfer your miles to one of Capital One’s travel partners.
The card comes with a low annual fee of $95, which is waived for the first year. Keep in mind, however, that it doesn’t come with a 0% APR introductory period. Despite the lack of an interest-free financing option, it’s our best business card for miles and one of our top-recommended credit cards for travel.
Here are the other key benefits of Capital One® Spark® Miles for Business:
- Sign-up bonus: Earn 50,000 bonus miles after spending $4,500 on purchases within the first three months of card ownership.
- $100 travel credit: Receive up to $100 credit for Global Entry or TSA PreCheck® every four years.
- No foreign transaction fees: Use your card to make international purchases without extra cost as it doesn’t charge foreign transaction fees.
U.S. Bank Triple Cash Rewards World Elite Mastercard®: Best for 0% Introductory APR Offer
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
0% for first 15 billing cycles
Regular APR
16.24% - 25.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited Time Offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and electric vehicle charging stations, office supply stores, cellphone 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 Travel 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 16.24% to 25.24%.
- No annual fee
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Intro APR
0% for first 15 billing cycles
Regular APR
16.24% - 25.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited Time Offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and electric vehicle charging stations, office supply stores, cellphone 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 Travel 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 16.24% to 25.24%.
- No annual fee
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Why we like it: If you need to make large purchases for your nonprofit, such as office furniture or computers, or to consolidate your debts from other high-interest credit cards, the U.S. Bank Triple Cash Rewards World Elite Mastercard® is a great option. It offers a 0% APR for the first 15 months of card ownership, which you can use to finance interest-free purchases and balance transfers. This long interest-free financing option makes it one of our top credit cards with 0% APR and the best business cards for balance transfers.
You can also earn generous rewards, including 3% cash back at gas and electric vehicle charging stations, office supply stores, cellphone service providers, and restaurants, and 1% cash back on all other purchases. Plus, receive 5% cash back on prepaid hotels and car rentals when you book directly through the Travel Rewards Center. Its premium rewards on gas makes it our leading fuel card for business, making it a great option if you’re always on the road.
Its other important benefits include:
- No annual fee: Minimize your credit cost by not having to pay annual fees while earning lucrative rewards. It’s our choice for the best overall credit card with no annual fees.
- $100 software credit: If your nonprofit pay for recurring software subscription expenses, such as FreshBooks or QuickBooks, you can earn an annual $100 statement credit.
- Sign-up bonus: Spend at least $4,500 on purchases within the first 150 days after opening an account and earn a $500 bonus cash back.
Charity Charge Nonprofit Business Card: Best for Vendor Discounts
Charity Charge Nonprofit Business Card
BEST FOR:
Receiving exclusive vendor discounts
Intro APR
N/A
Regular APR
N/A - balance is due in full by the payment due date
Annual Fee
$0
Credit Needed
Good - Excellent
- Up to 4% rebate on hotel bookings and dining
- Up to 1% rebate on fuel
- 5% rebate on Duns % Bradstreet
- 5% cashback on Microsoft advertising
- 10% rebate on Snapchat advertising
- 20% off with Dropbox
Pros
- No annual fee
- Automatic rebates
- Mastercard benefits
Cons
- Balance is due in full each month
- Strict eligibility requirements
- Vendor discounts: You’ll receive exclusive discounts at more than 200 national vendors through Purchasing Point. These include discounts on services at businesses such as FedEx and Enterprise Rent-A-Car. You can find all of the available vendors on the Purchasing Point’s vendor page.
- No personal guarantee: This card requires no personal guarantee, which means it doesn’t require a personal credit check. Plus, you aren’t personally liable for the company’s debt obligations.
- Extended warranty protection: Doubles the existing manufacturer’s warranty up to $10,000 per incident and $50,000 per cardholder per year.
- Purchase assurance: Replaces new purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per incident and $50,000 per cardholder per year.
Intro APR
N/A
Regular APR
N/A - balance is due in full by the payment due date
Annual Fee
$0
Credit Needed
Good - Excellent
- Up to 4% rebate on hotel bookings and dining
- Up to 1% rebate on fuel
- 5% rebate on Duns % Bradstreet
- 5% cashback on Microsoft advertising
- 10% rebate on Snapchat advertising
- 20% off with Dropbox
Pros
- No annual fee
- Automatic rebates
- Mastercard benefits
Cons
- Balance is due in full each month
- Strict eligibility requirements
- Vendor discounts: You’ll receive exclusive discounts at more than 200 national vendors through Purchasing Point. These include discounts on services at businesses such as FedEx and Enterprise Rent-A-Car. You can find all of the available vendors on the Purchasing Point’s vendor page.
- No personal guarantee: This card requires no personal guarantee, which means it doesn’t require a personal credit check. Plus, you aren’t personally liable for the company’s debt obligations.
- Extended warranty protection: Doubles the existing manufacturer’s warranty up to $10,000 per incident and $50,000 per cardholder per year.
- Purchase assurance: Replaces new purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per incident and $50,000 per cardholder per year.
Why we like it: If your nonprofit has been in operation for at least five years with a minimum of $100,000 in annual revenue or at least two years in operation with $500,000 in annual revenue, you may qualify for the Charity Charge Nonprofit Business Card. It can be a big help with your nonprofit’s recurring expenses because you’ll earn automatic rebates to your statement for travel, fuel, business services, and other purchases at participating vendors.
You can enjoy exclusive vendor discounts at more than 200 national vendors and take advantage of up to 20% discounts on your everyday expenses with no enrollment fees and no minimum purchase requirement. It’s important to note that this card is a charge card, which means that your balance is due in full every month.
Here are other things we like about it:
- No annual fee: Reduce your credit cost while earning premium discounts on purchases from over 200 national vendors.
- Automatic rebates: You’ll earn automatic rebates, including
- Up to 4% rebate on hotel bookings and dining
- Up to 1% rebate on fuel
- 5% rebate on Dun & Bradstreet
- 5% cash back on Microsoft advertising
- 10% rebate on Snapchat advertising
- 20% off with Dropbox
- 20% cash back on car rentals with Avis
- 5% cash back on car rentals with Budget
- 25% cash back on Monster Job ads
- No personal guarantee required: It doesn’t require a personal guarantee and can be underwritten directly to the nonprofit organization, making it one of our top-recommended credit cards with no personal guarantee.
Bank of America Business Advantage Unlimited Cash Rewards: Best for No Limits on Purchases
Business Advantage Unlimited Cash Rewards
Intro APR
0% on purchases for the first 9 billing cycles
Regular APR
13.74% to 23.74% variable
Annual Fee
$0
Credit Needed
Excellent
- Get a $300 statement credit after you spend $3,000 in purchases in the first 90 days of opening an account.
- Earn unlimited 1.5% cash back on all purchases. No annual cap and cash rewards don't expire.
- Earn up to 75% more cash back if you have a business checking account with Bank of America and qualify for the highest Preferred Rewards for Business Tier.
- 0% Introductory APR on purchases for your first nine billing cycles.
- Redeem your cash rewards as a deposit into your Bank of America checking or savings account, as a card statement credit, or as a check by mail.
Pros
- No annual fee
- Flexible redemption options
- Sign-up bonus
Cons
- Low cash back rewards
- No zero foreign transaction fee
- Short 0% APR period
- Travel & emergency services: This includes $100,000 in travel accident insurance, auto rental insurance, emergency ticket replacement, lost-luggage assistance, and legal and medical referrals when you’re away from home.
- Online & mobile access: Manage your account anytime and anywhere through online and mobile banking.
- Balance Connect™ for overdraft protection: You have the option to link your credit card to a Bank of America® business checking account for overdraft protection to help prevent declined purchases, returned checks, or other overdrafts.
Intro APR
0% on purchases for the first 9 billing cycles
Regular APR
13.74% to 23.74% variable
Annual Fee
$0
Credit Needed
Excellent
- Get a $300 statement credit after you spend $3,000 in purchases in the first 90 days of opening an account.
- Earn unlimited 1.5% cash back on all purchases. No annual cap and cash rewards don't expire.
- Earn up to 75% more cash back if you have a business checking account with Bank of America and qualify for the highest Preferred Rewards for Business Tier.
- 0% Introductory APR on purchases for your first nine billing cycles.
- Redeem your cash rewards as a deposit into your Bank of America checking or savings account, as a card statement credit, or as a check by mail.
Pros
- No annual fee
- Flexible redemption options
- Sign-up bonus
Cons
- Low cash back rewards
- No zero foreign transaction fee
- Short 0% APR period
- Travel & emergency services: This includes $100,000 in travel accident insurance, auto rental insurance, emergency ticket replacement, lost-luggage assistance, and legal and medical referrals when you’re away from home.
- Online & mobile access: Manage your account anytime and anywhere through online and mobile banking.
- Balance Connect™ for overdraft protection: You have the option to link your credit card to a Bank of America® business checking account for overdraft protection to help prevent declined purchases, returned checks, or other overdrafts.
Why we like it: If you don’t want to keep track of spend categories and prefer to earn unlimited, fixed-rate rewards, the Bank of America® Business Advantage Unlimited Cash Rewards credit card offers 1.5% cash back on all purchases. There’s no annual cap, and your rewards don’t expire. Plus, there’s no annual fee, so you can save on credit costs while earning unlimited cash back.
It’s also an excellent card if your nonprofit maintains a checking account with Bank of America because you can earn up to 75% more cash back on every purchase if you qualify for the Preferred Rewards for Business. You can redeem your rewards as a deposit into your Bank of America checking or savings account, a statement credit, or check by mail.
Here are its other benefits:
- Sign-up bonus: Receive a $300 statement credit when you make a minimum of $3,000 in purchases during the first 90 days of card ownership.
- 0% APR: Enjoy interest-free financing on purchases for the first nine billing cycles after opening an account.
- Low ongoing APR: It comes with a low starting APR of 13.74%, which adjusts with the prime rate.
American Express Blue Business CashTM: Best for Easy Cash Back Rewards
American Express Blue Business Cash™ 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.
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Why we like it: If your nonprofit has a small budget, you can maximize rewards on all purchases when you use the American Express Blue Business CashTM card. You can earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% cash back thereafter. Cash back is credited to your statement automatically. It’s one of our top Amazon business credit cards, so if your nonprofit shops frequently on the platform, it’s a good option.
It also features expanded buying power, which allows you to spend over your credit limit whenever you need to. The amount you can spend beyond your credit limit will adjust based on your card usage, payment behavior, credit score, and financial resources. This is one of the reasons why it’s named our best cash back business credit card.
Here are other benefits you can enjoy from the card:
- No annual fee: Since there’s no annual fee, you can benefit from unlimited cash back on your purchases without the extra cost.
- 0% APR: If you plan to make a significant purchase after opening an account, you can benefit from interest-free financing for the first 12 months.
- Sign-up bonus: Spend at least $3,000 in purchases within the first three months from opening an account and receive a $250 statement credit as a bonus.
PNC points® Visa® Business Credit Card: Best for Points-based Rewards & Low Ongoing APR
PNC points® Visa® Business Credit Card
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Unlimited 5 points for every dollar spent on eligible purchases, with no spending categories to keep track of and no limits on the amount of points earned.
Pros
- Low ongoing APR
- Unlimited five points for every dolar spent on business-related purchases
- No annual fees
Cons
- Short interest-free financing option on both purchases and balance transfers
- Points expire on the 48th month after the month in which they were posted to your points account
- Only available if you have an existing online bank account with PNC Bank or if you’re an existing PNC depositor
- Overdraft Protection: You can use this card as overdraft protection for your PNC business checking account. This can help prevent overdrafts if your checking account doesn’t have sufficient funds to cover your check transactions.
- Cash Flow Insight®: This lets you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables. It has a Spend Analysis tool that will automatically assign business categories to your credit card transactions so that you can track your expenses and plan a budget for your future business needs.
- Purchase Security: Items purchased with this card are covered by purchase security. Visa® will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.
- Extended Protection: If you purchase an item with this card, you’re covered with extended protection. This coverage doubles the original manufacturer’s written US warranty up to a maximum of one additional year on warranties of three years or less.
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Unlimited 5 points for every dollar spent on eligible purchases, with no spending categories to keep track of and no limits on the amount of points earned.
Pros
- Low ongoing APR
- Unlimited five points for every dolar spent on business-related purchases
- No annual fees
Cons
- Short interest-free financing option on both purchases and balance transfers
- Points expire on the 48th month after the month in which they were posted to your points account
- Only available if you have an existing online bank account with PNC Bank or if you’re an existing PNC depositor
- Overdraft Protection: You can use this card as overdraft protection for your PNC business checking account. This can help prevent overdrafts if your checking account doesn’t have sufficient funds to cover your check transactions.
- Cash Flow Insight®: This lets you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables. It has a Spend Analysis tool that will automatically assign business categories to your credit card transactions so that you can track your expenses and plan a budget for your future business needs.
- Purchase Security: Items purchased with this card are covered by purchase security. Visa® will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.
- Extended Protection: If you purchase an item with this card, you’re covered with extended protection. This coverage doubles the original manufacturer’s written US warranty up to a maximum of one additional year on warranties of three years or less.
Why we like it: If you plan to carry a balance from time to time, you can benefit from the low ongoing APRs offered by the PNC points® Visa® Business Credit Card. It comes with a low APR that ranges from 12.49% to 21.49%, the lowest on this list (even lower than the Bank of America Business Advantage Unlimited Cash Rewards card).
This is also an excellent option if you prefer to earn points rewards that can be redeemed as cash or use them for travel, hotel stays, merchandise, and gift cards from Target, Amazon, and Starbucks. You can earn unlimited 5x points per dollar on all purchases, regardless of spending categories.
Here are the other benefits you can enjoy from this card:
- 0% APR: Take advantage of 0% APR for the first nine billing cycles after opening an account on both purchases and balance transfers when the balance is transferred within the first 90 days.
- No annual fee: Earn unlimited points rewards without having to pay annual fees.
Bank of America Business Advantage Unlimited Cash Rewards Secured Credit Card: Best Secured Card for Nonprofits With Low or Limited Credit
Business Advantage Unlimited Cash Rewards Secured Credit Card
Intro APR
None
Regular APR
24.49%
Annual Fee
None
Credit Needed
Poor
- Earn unlimited 1.5% cash back on all purchases
Pros
- No annual fee
- Unlimited rewards
- Builds business credit
Cons
- Security deposit is required
- No sign-up bonus
- No 0% Intro APR
- Cash flow management tools
- Travel and emergency services
- Online and mobile access
- Balance Connect™ for overdraft protection
- Zero liability protection
Intro APR
None
Regular APR
24.49%
Annual Fee
None
Credit Needed
Poor
- Earn unlimited 1.5% cash back on all purchases
Pros
- No annual fee
- Unlimited rewards
- Builds business credit
Cons
- Security deposit is required
- No sign-up bonus
- No 0% Intro APR
- Cash flow management tools
- Travel and emergency services
- Online and mobile access
- Balance Connect™ for overdraft protection
- Zero liability protection
Why we like it: If you’re rebuilding your business credit, or if your organization has little to no credit history, the Bank of America Business Advantage Unlimited Cash Rewards Secured Credit Card is your best option. It’s our top pick for the best secured business credit cards, and it lets you earn 1.5% cash back rewards on all purchases regardless of spending categories.
You can redeem your rewards as a deposit into your Bank of America® checking or savings account, a card statement credit, or a check by mail. There’s no cap or limit on the rewards you can earn, and your rewards don’t expire. When used responsibly and paid on time consistently, you can build your credit and eventually qualify for unsecured business credit cards.
Here are the other benefits you can enjoy from this secured business card:
- No annual fee: Build your credit and earn unlimited rewards on purchases without having to pay annual fees.
- $1,000 minimum security deposit: You can open an account with a minimum security deposit of $1,000. Your credit limit will be based on the amount of your security deposit.
How We Evaluated the Best Nonprofit Credit Cards
When choosing the best credit cards for nonprofits, we focused on introductory and ongoing rewards, low or no annual fees, interest rates, and cards with spend categories and fixed-rate rewards cards. Taking all of these into consideration can help your organization save money.
Bottom Line
The best nonprofit credit card rewards you with every purchase you make. Consider a card with specific spend categories if certain expenses take the most out of your budget, or if you don’t want to monitor your expense categories, a fixed-rate rewards card with no purchase limitations would work better for you. If you’d like to see additional credit cards, take a look at our list of the best small business credit cards or visit our Credit Card Marketplace.
