Editor’s note: This is a recurring post with regularly updated card details.
The right credit card for nonprofits depends on your organization’s regular activities and unique needs. When choosing the best nonprofit credit card, consider features that are beneficial to your group. Prioritize cards that offer low annual fees, low ongoing annual percentage rates (APRs), and generous rewards in expense categories where your organization spends the most. Our top choices include business credit cards and a few charge cards for those who prefer to pay their balance in full each month.
Here are the top 10 credit cards for nonprofits:
- Bank of America Business Advantage Unlimited Cash Rewards: Overall best nonprofit credit card with unlimited fixed-rate rewards
- Charity Charge Nonprofit Business Card: Best for vendor discounts and no personal guarantee
- U.S. Bank Triple Cash Rewards World Elite Mastercard®: Best for 15-month 0% APR and $100 annual software credit
- American Express Blue Business CashTM: Best for instant approval and expanded buying power
- U.S. Bank Mastercard® Community Card: Best for earning rewards for making purchases and for taking payments
- Ramp Card: Best for large organizations that need a high credit limit
- Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for earning travel rewards and international transactions
- Capital One® Spark® Classic for Business: Best for nonprofits with fair credit looking for unlimited cash back
- PNC Cash Rewards® Visa Signature® Business Credit Card: Best for generous welcome offer
- Chase Ink Business PremierSM Credit Card: Best for nonprofits with frequent large purchases
Best Credit Cards for Nonprofits At a Glance
To see how these cards stack up against others we have reviewed, click Add to Compare on a card below and select up to two additional cards for comparison.
Bank of America® Business Advantage Unlimited Cash Rewards: Overall Best Credit Card for Nonprofits With Unlimited Fixed-rate Rewards
Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card
BEST FOR:
Those with an existing business checking account with Bank of America
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn unlimited 1.5% cash back on purchases, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No annual cap and cash rewards don’t expire as long as your account remains open.
- No annual fee.
- Choose how to 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 mailed to you.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual fees
- Flexible redemption options
- With sign-up bonus
- With 0% introductory APR on purchases
Cons
- 0% introductory APR isn’t applicable to balance transfers
- With foreign transaction fees
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Balance Connect®: This helps prevent declined purchases, returned checks, or other overdrafts when you link your Bank of America® Business Advantage Unlimited Cash Rewards to a Bank of America business checking account for overdraft protection.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn unlimited 1.5% cash back on purchases, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No annual cap and cash rewards don’t expire as long as your account remains open.
- No annual fee.
- Choose how to 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 mailed to you.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual fees
- Flexible redemption options
- With sign-up bonus
- With 0% introductory APR on purchases
Cons
- 0% introductory APR isn’t applicable to balance transfers
- With foreign transaction fees
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Balance Connect®: This helps prevent declined purchases, returned checks, or other overdrafts when you link your Bank of America® Business Advantage Unlimited Cash Rewards to a Bank of America business checking account for overdraft protection.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
Why we like it: It is our choice for the best overall credit card for nonprofits for having no annual fee and coming with an easy rewards program without the need to keep track of expense categories. You can earn unlimited, fixed-rate 1.5% cash back on all purchases without an annual cap or expiry. Redeem your rewards as a deposit into your Bank of America checking or savings account, a statement credit, or a check by mail.
Other Benefits:
- Welcome offer: 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—note that it does not apply to balance transfer transactions.
- Preferred Rewards for Business program: Receive up to 75% more rewards when you have a Bank of America deposit account and your balance qualifies for this program. Read our review of Bank of America’s business checking if you’re interested in the product.
Consider Bank of America® Business Advantage Unlimited Cash Rewards if you:
- Have a Bank of America business checking account and can qualify for the Preferred Rewards for Business Program.
- Don’t want to keep track of spending categories.
Its simple rewards program is one of the reasons why the card is also part of our roundup of the best business credit cards for real estate agents.
Charity Charge Nonprofit Business Card: Best for Vendor Discounts & No Personal Guarantee
Charity Charge Nonprofit Business Card
BEST FOR:
Nonprofits that want to receive exclusive vendor discounts and rebates
- While Charity Charge Nonprofit Business Card does not offer cash back or points rewards for its new and existing cardholders, it offers discounts and rebates through Mastercard® Easy Savings and CHAMPS GPO
Pros
- Does not charge annual fees
- Offers automatic rebates and discounts
Cons
- Balance is due in full each month
- Has strict eligibility requirements
- Does not have 0% introductory period
- First four months free for Microsoft 365: Get the first four months free after getting a one-year subscription to Office apps such as Word, PowerPoint, and Excel.
- 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.
- Employee cards: You can order as many employee cards on your original application or after your account is established. You can also adjust individual cards and set temporary limit adjustments in real time.
- While Charity Charge Nonprofit Business Card does not offer cash back or points rewards for its new and existing cardholders, it offers discounts and rebates through Mastercard® Easy Savings and CHAMPS GPO
Pros
- Does not charge annual fees
- Offers automatic rebates and discounts
Cons
- Balance is due in full each month
- Has strict eligibility requirements
- Does not have 0% introductory period
- First four months free for Microsoft 365: Get the first four months free after getting a one-year subscription to Office apps such as Word, PowerPoint, and Excel.
- 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.
- Employee cards: You can order as many employee cards on your original application or after your account is established. You can also adjust individual cards and set temporary limit adjustments in real time.
Why we like it: This card does not charge an annual fee or a per-card fee, helping your organization save on costs. Plus, it doesn’t require a personal guarantee, which means you won’t be held personally liable for your organization’s obligations. What’s more, it can be a big help with your nonprofit’s recurring expenses because you’ll earn automatic rebates and vendor discounts at more than 50,000 participating vendors nationwide.
There are two ways to earn rewards:
- Mastercard® Easy Savings: Earn automatic rebates to your statement on travel, fuel, business services, and more at participating vendors without the need for discount codes or redemption.
- CHAMPS GPO: Enjoy 10% to 20% discounts on office supplies, shipping, transportation, medical supplies, and more with CHAMPS Group Purchasing—no enrollment fees and no purchasing minimums required.
Other Benefits:
- Credit history for nonprofits: Build or establish a business credit history when you use the card responsibly because Charity Charge reports your account activities to major business credit bureaus.
- Unlimited cards and adjustable limits: Add cards for your team members at no additional costs—plus, adjust their credit limits and set spending controls using the account management tool.
- Online tools and account management: Integrate with QuickBooks and sync your transactions easily. Plus, monitor real-time transactions online and export data for your expense management, bookkeeping, and other financial platforms.
Consider the Charity Charge Nonprofit Business Card if your organization:
- Has been in operation for five years with $100,000 in annual revenue or for two years with annual revenue of $500,000.
- Has sufficient cash flow to pay the entire balance each billing cycle; since this is a charge card, your balance is due in full each month.
Because the card can be underwritten directly to the nonprofit with your personal guarantee, it is one of our top credit cards with no personal guarantee.
U.S. Bank Triple Cash Rewards World Elite Mastercard®: Best for 15-month 0% APR & $100 Annual Software Credit
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 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: What makes this card unique is that it comes with a long 0% introductory APR period for a whopping 15 billing cycles on both purchases and balance transfer transactions. This means you can pay off your balance interest-free for 15 long months. In addition, it has no annual fee and also offers a $100 annual software credit on top of the ongoing rewards.
Other Benefits:
- Ongoing rewards: Receive rewards on your everyday purchases with no cap or expiry:
- 5% cash back on prepaid hotels and car rentals when you book directly through the Travel Rewards Center
- 3% cash back at gas and electric vehicle (EV) charging stations, office supply stores, cell phone service providers, and restaurants
- 1% cash back on all other purchases
- Welcome offer: Spend at least $4,500 on purchases within the first 150 days after opening an account and earn a $500 bonus cash back.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance in equal monthly installments when you use this feature; no interest is charged, only a small monthly fee.
Consider the U.S. Bank Triple Cash Rewards World Elite Mastercard® if:
- You need to carry a balance—you can take advantage of the long 0% APR period and the ExtendPay® Plan.
- Your organization pays for recurring software subscriptions like QuickBooks or FreshBooks.
The long interest-free financing option that comes with this card makes it one of our top credit cards with 0% APR and best business cards for balance transfers. Also, it is our overall best credit card with no annual fees.
American Express Blue Business CashTM: Best for Instant Approval & Expanded Buying Power
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- 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.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome bonus
- Fixed rate rewards
- $0 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.
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- 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.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome bonus
- Fixed rate rewards
- $0 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: What makes it unique is its expanded buying power feature, letting you spend over your credit limit whenever you need to. The amount you can spend adjusts based on your card usage, payment behavior, credit score, and financial resources. Moreover, it has no annual fee and is our top-recommended instant approval business card because American Express offers instant card numbers as soon as you get approved.
Other Benefits:
- Unlimited rewards: It offers 2% cash back on all eligible purchases of up to $50,000 per calendar year, then 1% cash back thereafter. Cash back is credited to your statement automatically.
- Welcome offer: Receive a $250 statement credit as a bonus when you spend at least $3,000 in purchases within the first three months of opening an account.
- 0% APR: Take advantage of interest-free financing on purchases for the first 12 months—however, this does not apply to balance transfers.
Consider the American Express Blue Business CashTM card if:
- You do not want to have to redeem your rewards manually, because cash back earned from this card is credited automatically to your statement account.
- Your organization has varied credit needs every month and you may need to spend beyond your credit limit from time to time.
American Express Blue Business CashTM is named our best cash back business credit card because of its simple yet lucrative rewards and perks.
U.S. Bank Mastercard® Community Card: Best for Earning Rewards for Making Purchases & for Taking Payments
- 1% cash back on all purchases
Pros
- No personal guarantee required
- Can maintain same card program while changing officers and users
Cons
- No sign up bonus
- Need to pay annual fee to earn rewards
- Online application is not available
- Free employee cards
- Consolidated statements and detailed spending analysis
- Identity theft resolution
- Two ways to earn cash: making purchasing and taking payments/donations
- 1% cash back on all purchases
Pros
- No personal guarantee required
- Can maintain same card program while changing officers and users
Cons
- No sign up bonus
- Need to pay annual fee to earn rewards
- Online application is not available
- Free employee cards
- Consolidated statements and detailed spending analysis
- Identity theft resolution
- Two ways to earn cash: making purchasing and taking payments/donations
Why we like it: This card is specifically designed for nonprofits, municipalities, and government entities. It doesn’t need a personal guarantee and gives you the option to pay the annual fee of $99 or not. If you choose to pay the annual fee, you’ll earn 1% cash back on your purchases, as well as reward points for taking credit card payments or donations.
Other Benefits:
- Flexibility: Your organization can maintain the same card program even when it needs to change officers and users.
- Employee cards: Issue cards to your staff without additional costs.
- Detailed spending analysis: Track your organization’s overall spending using a simple online tool.
Consider the U.S. Bank Mastercard® Community Card if:
- Your organization has sufficient funds to pay the full balance each month, as this is a pay-in-full card.
- You are willing to pay the annual fee of $99 to earn rewards.
Note that if you opt not to pay an annual fee, you won’t be getting any rewards on your purchases and for taking payments or donations.
Ramp Card: Best for large Organizations That Need a High Credit Limit
- Unlimited 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for new and existing cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Ramp is not available to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
- Unlimited 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for new and existing cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Ramp is not available to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Why we like it: This corporate charge card is best for large organizations that need a high credit limit—it offers up to 20x higher credit limits than traditional business credit cards. What’s more, you can earn unlimited 1.5% cash back, up to $175,000 in partner perks like AWS and Slack, and free time-saving software.
Other Benefits:
- No annual fee: Get unlimited physical and virtual cards at no additional cost.
- Seamless platform: Set controls, block merchants, and monitor spending conveniently.
- No personal credit check: Get approved for a card without a soft or hard credit pull on your personal credit score. It is one of our top-ranking business cards with no personal credit check.
Consider the Ramp Card if you:
- Have at least $75,000 in a business bank account that will be connected to the Ramp card (this is a requirement to qualify).
- Need an expense management platform that provides robust controls and seamless monitoring features.
Ramp is also one of our top-rated corporate cards because of its generous rewards, low cost, and seamless platform.
Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for Earning Travel Rewards & International Transactions
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Why we like it: This card is an excellent choice for nonprofit organizations that need to travel frequently. It offers 3x points when you book your travel through the Bank of America® Travel Center and 1.5x points on everything else. Plus, it has no annual fee and you can enjoy $0 foreign transaction fees on purchases made outside of the United States.
Other benefits:
- Welcome offer: Receive 30,000 bonus points when you spend at least $3,000 within three months after opening an account.
- Preferred Rewards for Business program: Earn up to 75% more rewards when you have a business checking account with Bank of America and meet the balance requirements.
- 0% APR: Enjoy interest-free financing on purchases for the first nine billing cycles after opening an account.
Consider Bank of America® Business Advantage Travel Rewards World Mastercard® if:
- You need to travel frequently.
- Your organization maintains a deposit account with Bank of America.
Capital One® Spark® Classic for Business: Best for Nonprofits With Fair Credit Looking for Unlimited Cash Back
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Why we like it: As our top business credit card for fair credit, it can help you build and strengthen your credit with responsible use and consistent on-time payments. You can earn unlimited 1% cash back on all business purchases and unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Other Benefits:
- No annual fee: Save on cost while building your organization’s credit history.
- Cash back has no expiry: Earn unlimited cash back that does not expire as long as your account remains open and in good standing.
Consider the Capital One® Spark® Classic for Business if your:
- Credit score cannot qualify for other regular business credit cards.
- Organization can almost always pay its bill in full every month.
While the card has relaxed credit requirements, it comes with a high regular APR, making it a bit costly to carry a balance. This is why we recommend that you pay your balance in full each month to avoid unnecessary costs.
PNC Cash Rewards® Visa Signature® Business Credit Card: Best for Generous Welcome Offer
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn fixed-rate cash back rewards
- Earn $400 bonus after spending $3,000 in qualifying purchases within the first three billing cycles after opening an account
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- Does not charge an annual fee
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Requires having an active PNC Bank account to qualify for the card
- Cash Flow Insight®: An online account management that is designed to help monitor and plan cash flow, send invoices through email, pay online, and manage payables digitally.
- Travel accident insurance: You can obtain a maximum of $500,000 in principal sum coverage if the covered person’s injuries occurred while on a covered trip.
- Cellphone protection: You are provided with up to $800 per claim with a maximum of two claims and $1,600 per twelve-month period in the event of a theft, damage, or involuntary and accidental parting of your cellphone.
- Earn $400 bonus after spending $3,000 in qualifying purchases within the first three billing cycles after opening an account
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- Does not charge an annual fee
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Requires having an active PNC Bank account to qualify for the card
- Cash Flow Insight®: An online account management that is designed to help monitor and plan cash flow, send invoices through email, pay online, and manage payables digitally.
- Travel accident insurance: You can obtain a maximum of $500,000 in principal sum coverage if the covered person’s injuries occurred while on a covered trip.
- Cellphone protection: You are provided with up to $800 per claim with a maximum of two claims and $1,600 per twelve-month period in the event of a theft, damage, or involuntary and accidental parting of your cellphone.
Why we like it: For a purchase requirement of $3,000 within the first three months of opening an account, this credit card lets you earn a $400 welcome offer. This is the highest offer for the same spending requirement among all other cards on this list. The card also allows you to save on credit costs because it charges no annual fee and comes with average ongoing APRs.
Other Benefits:
- Fixed-rate rewards: Receive unlimited, fixed-rate 1.5% cash back on all purchases, regardless of spending categories—redeem as a statement credit, or deposit cash back into an eligible PNC Business checking or savings account.
- 0% APR: Take advantage of 0% APR on purchases for the first nine billing cycles after opening an account—this does not apply to balance transfers.
Consider the PNC Cash Rewards® Visa Signature® Business Credit Card if you:
- Can spend $3,000 on the first three months of opening an account (to earn the welcome bonus).
- Don’t want your organization’s transactions reported to your personal credit.
PNC Cash Rewards® Visa Signature® Business Credit Card features Cash Flow Insight® with the Spend Analysis tool, which allows you to monitor your organization’s spending and plan your budget. It is also one of our leading small business credit cards for sole proprietors.
Chase Ink Business PremierSM Credit Card: Best for Nonprofits With Frequent Large Purchases
Ink Business Premier℠ Credit Card
BEST FOR:
Those who make large purchases frequently
- Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
- Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
- Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Ultimate Rewards, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
- The only business credit card with 2.5% cash back on every purchase of $5,000 or more.
- For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
- Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
- Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
- There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
- Member FDIC
Pros
- Offers premium rewards for new and existing cardholders
- Does not charge foreign transaction fees
- Has the option to pay for qualifying purchases in installments through Flex for Business
Cons
- Does not have interest-free financing option on both purchases and balance transfers
- Charges a high annual fee
- Requires for you to pay in full each month
- Need to make large purchases within a short period of time to qualify for its sign up bonus
- Cellphone protection: You and your employees listed on your monthly cellphone bill can get up to $1,000 per claim against covered theft or damage
- Extended warranty protection: You can extend the United States manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
- Trip cancellation/trip interruption insurance: If your trip is canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per person and $10,000 per trip for your prepaid, nonrefundable travel expenses, which includes passenger fares, tours, and hotels.
- Flex for Business: Allows a portion of your Credit Access Line to be used for qualifying purchases over time with interest.
- Free employee cards: You can request employee cards at no additional cost and set individual spending limits—helping you earn rewards faster.
- Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
- Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
- Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Ultimate Rewards, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
- The only business credit card with 2.5% cash back on every purchase of $5,000 or more.
- For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
- Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
- Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
- There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
- Member FDIC
Pros
- Offers premium rewards for new and existing cardholders
- Does not charge foreign transaction fees
- Has the option to pay for qualifying purchases in installments through Flex for Business
Cons
- Does not have interest-free financing option on both purchases and balance transfers
- Charges a high annual fee
- Requires for you to pay in full each month
- Need to make large purchases within a short period of time to qualify for its sign up bonus
- Cellphone protection: You and your employees listed on your monthly cellphone bill can get up to $1,000 per claim against covered theft or damage
- Extended warranty protection: You can extend the United States manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
- Trip cancellation/trip interruption insurance: If your trip is canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per person and $10,000 per trip for your prepaid, nonrefundable travel expenses, which includes passenger fares, tours, and hotels.
- Flex for Business: Allows a portion of your Credit Access Line to be used for qualifying purchases over time with interest.
- Free employee cards: You can request employee cards at no additional cost and set individual spending limits—helping you earn rewards faster.
Why we like it: This credit card offers premium rewards for substantial purchases. For starters, spend at least $10,000 on eligible purchases within the first three months of card ownership to receive a bonus cash back of $1,000. Also, it lets you earn a premium cash back rate of 2.5% for every single purchase transaction worth at least $5,000. Rewards don’t expire, and you can redeem them for cash back, gift cards, travel, and merchandise through Chase Ultimate Rewards.
Other Benefits:
- Ongoing rewards on purchases: Aside from the 2.5% cash back on single-transaction purchases of $5,000 or more, you’ll also receive ongoing rewards on other transactions:
- 5% cash back on travel booked through the Chase Ultimate Rewards program, including airline tickets, hotel stays, car rentals, vacation packages, and cruises; and on Lyft rides through March 2025
- 2% cash back on all other purchases
- No foreign transaction fees: Use the card when you travel abroad without paying additional fees.
- Pay-in-Full or Flex for Business options: Either pay your entire balance each month to access increased spending power and premium benefits or pay off your eligible purchases over time up to your Flex for Business limit.
Consider the Chase Ink Business PremierSM Credit Card if:
- Your organization frequently makes substantial purchases of $5,000 and up.
- You have sufficient cash on hand to pay your balance in full each month. Keep in mind that the Flex for Business option is only applicable to eligible purchases.
It’s worth noting that the Chase Ink Business PremierSM Credit Card comes with an annual fee of $195, has no introductory 0% APR, and does not allow balance transfer transactions. Also, this is a pay-in-full card, meaning you should pay your full balance each month—unless you use the Flex for Business payment option on eligible purchases.
How We Selected the Best Nonprofit Credit Cards
We selected the best credit cards for nonprofits based on features that may be valuable to nonprofit organizations, like premium rewards on specific categories or fixed-rate rewards. We prioritize cards that are specifically designed for nonprofits and government entities. We also considered the introductory and ongoing rewards, low pr no annual fees, and reasonable interest rates, which are ways that can help your organization save money.
For other options, check out our roundup of the best small business credit cards.
Frequently Asked Questions (FAQs)
Nonprofits with recurring expenses should apply for a business credit card. For example, a business credit card may be helpful if your organization holds events regularly. It provides your organization with direct access to funds even when it’s falling short on donations.
A business credit card provides easier access to capital, helping you with your funding needs. You can also benefit from rewards, like cash back or points. What’s more, business credit cards can help build credit for your organization. Good credit is essential if you want your organization to be eligible for other financing options. Besides that, it also makes your organization more appealing to corporations offering investment opportunities and grants.
The application process varies among credit card issuers. Usually, issuers will check the personal credit score of the nonprofit organization’s executive director or board chair. Most issuers will require a personal guarantee from the authorized representative of the nonprofit organization, while some don’t.
You may also need to submit requirements, such as the representatives’ identification documents, proof of revenue, and nonprofit registration. As these requirements vary per issuer, it’s best to check with your chosen credit card company before you apply.
To choose the best nonprofit credit card for your organization, compare options that offer no or low annual fees, generous reward programs, and other perks that may be useful for your cause. Consider the expense categories where your organization spends the most, and find a card that rewards you on those categories. On top of those, consider how you can redeem the rewards. A card that lets you use rewards for charitable donations may also be a good option.
To accept credit card donations, you need to find a payment processor or online donation tool that works with your nonprofit’s Customer Relationship Management (CRM) system. Examples of payment processors are PayPal and Stripe—they offer a platform for your target audience to donate to your cause. You may also use actual donation tools like Fundly and DonorBox, which offer more features that your organization may find useful.
Keep in mind that these platforms may have fees, so it’s best to check how much they cost and choose one that works best for your organization.
Bottom Line
The best credit card for nonprofits offers features that your organization typically needs. It’s best to choose a card that rewards your purchases, especially on spending categories where you spend the most. Make sure to also consider other benefits that may be useful for your organization, including a 0% introductory APR, $0 annual fee, welcome bonuses, and expense reporting tools.