9 Best Nonprofit Credit Cards 2019

A nonprofit credit card offers introductory rewards up to $1,000, ongoing rewards up to 5%, and APRs starting at 11.49%. The best options minimize costs, so we chose mostly no annual fee credit cards for nonprofits. We feature one card that caters to nonprofits, but the best business cards offer better terms.

Top 9 Best Nonprofit Credit Cards July 2019

Applying for a Nonprofit Credit Card

A nonprofit organization is tax exempt, which means it doesn’t pay income tax on the money that it earns. If you have a nonprofit, it doesn’t mean your organization doesn’t generate profit, but it means it doesn’t generate revenue to harvest income. Nonprofits can operate in religious, scientific, research, or educational settings.

As a nonprofit, you can apply for a business credit card with your Employee Identification Number (EIN). To receive tax-exempt status you must apply for an EIN number. Additionally, most business credit cards require a personal guarantee, which requires a personal credit check and means you become personally liable for the business’s debts. However, we included one business credit card without a personal guarantee.

How We Evaluated the Best Nonprofit Credit Cards

Nonprofit credit cards offer a variety of introductory offers, ongoing rewards, and a range of APRs. Some of the best credit cards for nonprofits also offer introductory 0% APR financing. The best nonprofit credit card for you is the one that offers the right mix of rewards, fees, APRs, and additional features for your nonprofit organization.

In our evaluation of the best nonprofit credit cards, we considered:

• Introductory rewards: The introductory offer you can earn by meeting a minimum spending requirement. Cards on our list offer introductory rewards worth up to $1,000.
• Ongoing rewards: The ongoing rewards you’ll earn for your everyday purchases. Cards on our list offer rewards worth up to 5% of the purchase price.
• Introductory APR: Whether a card offers an introductory 0% APR period on purchases or balance transfers. The best nonprofit credit card offers include introductory interest-free financing for up to 15 months.
• Ongoing APR: How much it costs to finance purchases or balance transfers on the card after the introductory period expires. Cards on this list have ongoing APRs starting at 11.49%.
• Additional features: Any free additional perks that increase the card’s value. Most cards on our list offer extended warranty protection, purchase protection, and car rental insurance.
• Annual fee: How much it costs to own the card annually. We mostly considered cards with no annual fees. Just one card on our list charges an annual fee, which is $95.

Most business credit cards take into account your business and personal credit. Additionally, most cards also require a personal credit score of at least 670. We also include one credit card for nonprofit owners with fair credit. This card is best for you if you have a credit score between 580 and 669. You can also compare the best nonprofit credit cards in our credit card marketplace.

We recommend Chase Ink Business Cash^SM as the best nonprofit credit card. You’ll pay no annual fee and earn up to 5% cash back on purchases. You can also earn a $500 bonus after you spend $3,000 within the first three months. Plus, you’ll have interest-free financing for the first 12 months on purchases.

Chase Ink Business Cash^SM: Overall Best Nonprofit Credit Card

Chase Ink Business Cash^SM is the overall best nonprofit credit card. It’s best for nonprofit organizations that want to earn top cash back rewards and avoid annual fees. You’ll earn up to 5% cash back and $500 after you spend $3,000 within the first three months. Plus, it has no-interest financing of purchases for 12 months. Its ongoing APR starts at 15.49%.

Chase Ink Business Cash^SM Costs

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

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

Chase Ink Business Cash^SM is a solid option if you want a business credit card with no annual fee. However, there are other cards on this list that offer a lower ongoing APR. For example, the Bank of America® Platinum Visa® Business credit card has an ongoing APR as low as 11.49%.

Chase Ink Business Cash^SM Rewards

Chase Ink Business Cash^SM has an introductory reward of $500 after you spend $3,000 within the first three months. It also pays up to 5% cash back, which are some of the best ongoing rewards on this list.

Introductory Rewards

You’ll earn $500 cash back after spending $3,000 within the first three months. There are other cards on our list that offer better introductory rewards. The Chase Ink Business Preferred^SM card, for example, offers 80,000 bonus points after spending $5,000 within three months. That reward is worth up to $1,000 in travel when you redeem your points through Chase’s online travel portal.

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

We rank Chase Ink Business Cash^SM as one of the best cash back business credit cards. The American Express SimplyCash® Plus credit card is the only card on our list that pays rewards up to 5% of the purchase price. That card doesn’t have any introductory rewards, which is why we rank it further down on our list.

How to Redeem Your Rewards

You can redeem your rewards for cash back, gift cards, and travel through Chase Ultimate Rewards®. Each point is worth one cent, which is similar to most cash back credit cards. If you redeem your points as cash back, you can receive them as a statement credit or deposit them into an eligible bank account from a U.S.-based bank or credit union.

Chase Ink Business Cash^SM Additional Features

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

• Auto rental collision damage waiver: The issuer provides primary coverage when you rent a vehicle for business, which replaces any insurance the rental company may offer and your personal insurance. Chase will reimburse you up to the actual cash value of the vehicle for theft and collision damage.
• Purchase protection: Protects purchased items against damage or theft within 120 days of purchase. Coverage is limited to $10,000 per claim and $50,000 per year.
• Extended warranty protection: Provides an additional year of warranty on U.S. manufacturers’ warranties of three years or less

These additional card features are similar to what most other cards on our list offer. However, some cards offer better coverage levels. For example, American Express Blue Business^SM Plus provides up to an additional two years on warranty on eligible warranties of five years or less.

What Chase Ink Business Cash^SM Is Missing

Chase Ink Business Cash^SM caps its 2% and 5% rewards categories at $25,000 in annual spending. This rewards limit can be too low for some nonprofit owners. If your nonprofit spends more than $25,000 per year on office supplies, we recommend American Express SimplyCash® Plus. That card pays 5% cash back on purchases at office supply stores up to $50,000 annually.

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 positive. Nonprofit owners enjoy the top cash back rewards, however wish the ongoing APR was lower.

User Reviews

Online user reviews are very positive. Cardholders suggest they like the lack of an annual fee and the strong cash back rewards. However, some cardholders complain the ongoing APR is high compared to other cards. For example, the Bank of America® Platinum Visa® Business credit card has an ongoing APR as low as 11.49%

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. We rank this Chase Ink business credit card as one of the best business credit cards. Its ongoing rewards, introductory offer, and interest-free financing set it apart from other cards on our list. However, reviewers agree it could be a stronger card if you could earn travel rewards.

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 Preferred^SM: Best for Strong Travel Rewards

Chase Ink Business Preferred^SM is best for national or global nonprofits that want to earn strong travel rewards. It pays 3x points per dollar spent on travel, shipping, advertising purchases, and telecommunications spending. Plus, you can earn 80,000 bonus points after spending $5,000 within three months. This is the only card on our list that charges an annual fee, which is $95. Ongoing APR starts at 18.24%.

Chase Ink Business Preferred^SM Rewards

Chase Ink Business Preferred^SM card offers an introductory reward worth up to $1,000 in travel, which is the most lucrative introductory reward on our list. Plus, it pays 3x points per dollar spent while charging an annual fee less than $100.

Introductory Rewards

You’ll earn 80,000 bonus points when you spend $5,000 within the first three months. These points are worth $1,000 when you redeem them for travel through Chase’s online travel portal. This introductory reward beats the $500 you could earn with Chase Ink Business Cash^SM.

Ongoing Rewards

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

• 3 points per dollar on the first $150,000 spent in combined purchases each account anniversary year spent in these categories: travel, shipping, advertising on search engines and social media sites, and on internet, cable and phone services
• 1 point per dollar on all other purchases

If your nonprofit travels often and spends heavily in the three-point category, this card could be extremely valuable. If you want to earn better travel rewards, you’ll have to get a travel rewards business credit card that charges a higher annual fee. However, we rank this card as one of the best business credit cards for travel.

How to Redeem Rewards

You can redeem your rewards for travel, cash back, or gift cards. When redeeming for cash back or gift cards, each point is worth one cent. Additionally, you can receive cash back rewards as a statement credit or deposit them into an eligible bank account from a U.S.-based bank or credit union. When redeeming for travel through Chase’s travel portal, each point is worth 1.25 cents.

Chase Ink Business Preferred^SM Costs

Financing costs and fees on Chase Ink Business Preferred^SM include:

• Introductory APR: None
• Ongoing APR: 18.24% to 23.24%, which will adjust with the prime rate
• Annual fee: $95
• Balance transfer fee: Either $5 or 5% of the balance transferred, whichever is greater

Chase Ink Business Preferred^SM is the only card on our best credit cards for nonprofits list that charges an annual fee. Typically, cards with annual fees offer large introductory offers, stronger ongoing rewards, and valuable card perks. If you decide to open a card with an annual fee, it’s important to make sure the rewards you’ll earn will offset that fee.

Chase Ink Business Preferred^SM Additional Features

Chase Ink Business Preferred^SM includes the following benefits:

• Auto rental collision damage waiver: Offers primary coverage when renting for business purposes, which means it replaces any coverage your personal insurance offers. Chase reimburses you up to the actual cash value of the vehicle for theft and collision damage.
• Purchase protection: Covers your purchased items for 120 days against damage or theft. Coverage is limited to $10,000 per claim and $50,000 per year.
• Extended warranty protection: Provides up to an additional year of warranty length on eligible warranties of three years or less
• Cellphone protection: Those named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You’re limited to three claims per 12-month period, with a $100 deductible per claim.
• Trip cancellation & delay insurance: If your trip is canceled, you may be compensated up to $5,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for at least 12 hours, you may be reimbursed up to $500 for your hotel room, meals, and transportation.

Chase Ink Business Preferred^SM offers unique card perks compared to other cards on our list, including cellphone insurance and trip cancellation insurance. Its other benefits, such as purchase protection and extended warranty protection, are more common. If you want a travel card that offers luxury benefits like airport lounge access, you’ll have to pay a high annual fee for a lounge access business credit card.

What Chase Ink Business Preferred^SM Is Missing

Chase Ink Business Preferred^SM card lacks an introductory 0% APR financing period, which can be a deciding factor for some nonprofits. Plus, its ongoing APR is about one percentage point above the average ongoing APR of 17% seen on business credit cards. If you want no-interest financing, consider American Express Blue Business^SM Plus. That card offers an introductory 0%% APR period for 12 months on purchases and balance transfers.

Chase Ink Business Preferred^SM Reviews

We considered both user reviews and our own editorial review when rating this card. Chase Ink Business Preferred^SM reviews are extremely positive. Even though it has an annual fee, most reviews suggest this is the best travel credit card for nonprofits.

User Reviews

While this is the only card with an annual fee on our list, users especially enjoy the large introductory offer and strong ongoing travel rewards. However, some users complain that this card doesn’t offer enough travel perks, such as airport lounge access.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Reviewers agree this is a good travel card for nonprofits that don’t need luxury travel perks. If you want luxury travel perks, you would need to pay a high annual fee for a card like the American Express Business Platinum Card®. Additionally, some reviewers ding this card because it doesn’t offer more bonus reward categories.

How to Apply for Chase Ink Business Preferred^SM

You can apply for Chase Ink Business Preferred^SM online and receive a decision within minutes. You may be required to verify some business information offline, depending on your situation, but once approved, you’ll typically be able to use your card when you receive it in seven to 10 days.

Apply Now

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

Chase Ink Business Unlimited^SM is best for nonprofit organizations that want to earn fixed-rate cash back and pay no annual fee. It pays 1.5% cash back on all purchases. You can also earn an introductory reward of $500 after you spend $3,000 within three months. Plus, you’ll have no-interest financing for 12 months on purchases. Ongoing APR starts at 15.49%.

Chase Ink Business Unlimited^SM Costs

Financing costs and fees on Chase Ink Business Unlimited^SM 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 want to transfer a balance, this is not the right nonprofit credit card for you. It doesn’t offer interest-free financing on balance transfers and has a high balance transfer fee. We recommend choosing a balance transfer business credit card like the American Express Blue Business^SM Plus card. That card offers an introductory 0% APR period on purchases and balance transfers for 12 months. It also has a balance transfer fee of 3%.

Chase Ink Business Unlimited^SM Rewards

Chase Ink Business Unlimited^SM offers $500 cash back after spending $3,000 within the first three months, which is identical to Chase Ink Business Cash^SM. Chase Ink Business Unlimited^SM also pays 1.5% cash back.

Introductory Rewards

You will earn $500 cash back after you spend $3,000 within the first three months. If you want a more substantial introductory offer, you’ll need to choose a business credit card with an annual fee, such as Chase Ink Business Preferred^SM. That card charges $95 annually and has an introductory reward worth up to $1,000 in travel. You can also shop for the best introductory rewards through our credit card marketplace.

Ongoing Rewards

You will earn unlimited 1.5% cash back on all spending, which makes it a solid credit card for new businesses or nonprofits that don’t want to track category rewards. This is the best cash back fixed return rate on our list. If you want to earn a higher return rate, it’s likely you’ll need to take on a card with an annual fee.

How to Redeem Your Rewards

You can redeem your rewards for travel, cash back, or gift cards. Each point is worth one cent. Additionally, you can receive cash back rewards as a statement credit or deposit them into an eligible bank account from a U.S.-based bank or credit union. If you transfer your rewards to a card that’s part of the Ultimate Rewards program, like Chase Ink Business Preferred^SM, and redeem for travel, each point is worth 1.25 cents.

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 renting a car for business purposes, which means it replaces your personal insurance. It may reimburse up to the actual cash value of the vehicle for theft and collision damage.
• Purchase protection: Covers new purchases within 120 days of purchase against damage or theft. Coverage is limited to $10,000 per claim and $50,000 per year.
• Extended warranty protection: Offers up to an additional year of warranty on U.S. manufacturers’ warranties of three years or less

These additional features are similar when compared to most other cards on our list. If you want to receive more benefits, you’ll need to pay for a card with an annual fee. For example, Chase Ink Business Preferred offers cellphone protection and trip delay insurance, but it charges $95 annually.

What Chase Ink Business Unlimited^SM Is Missing

Chase Ink Business Unlimited^SM has a high balance transfer fee and its introductory no-interest financing only applies to purchases. This means this card is not best for you if you’re looking to transfer a balance. Instead, consider American Express Blue Business^SM Plus. That card offers no-interest financing on purchases and balance transfers for 12 months.

Chase Ink Business Unlimited^SM Reviews

We considered both user reviews and our own editorial review when rating this card. Chase Ink Business Unlimited^SM card reviews are generally positive. Reviews suggest this is a good pick if you don’t want to track category rewards, but it’s not a good card if you need to transfer a balance.

User Reviews

Online user reviews suggest that users enjoy the introductory rewards and introductory 0% APR period on purchases. However, some users complain that the fixed-rate rewards are low when compared to other credit cards. Some fixed-rate cards offer rewards up to 2%, but those cards charge annual fees.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Chase Ink Business Unlimited^SM is a strong card for nonprofit organizations that don’t have the time to track category bonuses. However, reviewers agree there are other cash back credit cards that offer better rewards, 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 providing 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 Interest-free Financing on Balance Transfers

American Express Blue Business^SM Plus is best for nonprofit organizations that want an introductory 0% APR period for 12 months on purchases and balance transfers. This is the only card on our list that has a balance transfer offer. Plus, you’ll earn 2x points on all purchases up to $50,000 annually, then 1x points thereafter. Ongoing APR starts at 15.49%.

American Express Blue Business^SM Plus Costs

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

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

This card’s introductory 0% APR period for balance transfers is the best on our list. We also rank this nonprofit credit card as the best 0% APR business credit card. If you’re just looking to finance purchases, we recommend the American Express SimplyCash® Plus credit card. It offers no-interest financing on purchases for 15 months.

American Express Blue Business^SM Plus Rewards

American Express Blue Business^SM Plus is one of the few cards on our list that doesn’t offer any introductory rewards. However, it does pay 2x points on all purchases up to $50,000 annually, then 1% thereafter.

Introductory Rewards

American Express Blue Business^SM Plus does not offer any introductory rewards. Introductory rewards are a great way to earn some extra cash for your nonprofit. If you want the opportunity to earn a sign-up bonus, we recommend Chase Ink Business Cash^SM. That card offers $500 after spending $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

If your nonprofit organization spends more than $50,000 every year, you may want to consider another card to maximize your rewards. For example, Chase Ink Business Unlimited^SM pays 1.5% cash back and sets no rewards spending cap.

How to Redeem Your Rewards

There are seven ways to redeem your rewards:

• For your charges: Use your points for your eligible charges on your current statement
• Travel: Use points to book travel on American Express Travel; minimum redemption is 5,000 points
• Gift cards: Purchase American Express gift cards
• Amazon.com: To use points at Amazon, you must first load your card into your Amazon account and use your card at least once
• Ticketmaster: You can redeem your points on Ticketmaster to purchase event tickets
• AXS: You can redeem your points on AXS to purchase event ticket
• Taxi Fares: Redeem your points for fares (including tips) in some taxis in New York City

This nonprofit credit card offers the most rewards redemption options among cards on our list. For example, Chase Ink Business Unlimited^SM doesn’t allow you to redeem your rewards for event tickets, taxi fares, or Amazon.com purchases.

American Express Blue Business^SM Plus Additional Features

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

• Extended warranty protection: Covers warranties of five year or less and provides up to an additional two years of warranty length. Coverage is limited to $10,000 per claim and $50,000 per year.
• Purchase protection: American Express 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 year.

American Express business credit cards are known to offer some of the highest coverage levels. In comparison, Chase Ink Business Cash^SM extended warranty protection plan covers warranties of three years or less and only offers up to an additional year of coverage.

What American Express Blue Business^SM Plus Is Missing

American Express Blue Business^SM Plus does not have any introductory rewards, which can be a deciding factor for some nonprofit organizations. If you’re looking to earn a sign-up bonus and pay no annual fee, consider Chase Ink Business Cash^SM. That card offers $500 after you spend $3,000 within the first three months.

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 mixed. Reviews suggest the introductory financing period is helpful when growing a business. However, the lack of an introductory reward can be a pain point.

User Reviews

Cardholders suggest they especially love the introductory financing on both purchases and balance transfers, as most other cards don’t offer this. However, some users complain about the card’s missing sign-up bonus. This can be a deciding factor for some nonprofit organizations.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Reviewers agree this is the best credit card for nonprofits that want to access to the best introductory financing for balance transfers. However, you won’t earn the extra cash some other cards provide through introductory offers.

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

American Express SimplyCash® Plus: Best for Choosing Category Rewards

American Express SimplyCash® Plus is best for nonprofit organizations that want to choose the spending category that earns top rewards. It charges no annual fee and pays 3% cash back on purchases up to $50,000 annually from one of eight spending categories. You’ll also earn 5% cash back on office supplies and telecommunication services. It offers no-interest financing on purchases for 15 months. 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

This card offers the longest introductory 0% APR period on our list. However, this introductory APR period only applies to purchases. If you need to transfer a balance, this startup business credit card is not right for you. Instead, consider American Express Blue Business^SM Plus. That card has an introductory 0% APR period for 12 months on purchases and balance transfers.

American Express SimplyCash® Plus Rewards

American Express SimplyCash® Plus has no introductory rewards, similar to American Express Blue Business^SM Plus. However, it pays 3% cash back on purchases up to $50,000 annually, then 1% thereafter from one of eight categories you choose. This allows nonprofits to choose a spending category where it spends the most monthly.

Introductory Rewards

American Express SimplyCash® Plus does not have a sign-up bonus. If you have spent big on office supplies and want introductory rewards, consider Chase Ink Business Cash^SM. That credit card for nonprofits offers $500 after spending $3,000 within the first three months. Plus, you’ll earn 5% cash back on office supplies on purchases up to $25,000.

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

This is the only card on our list that allows you to choose category rewards. If you spend a lot of money in one of the eight categories, you can maximize your rewards with this card. However, the lack of introductory rewards is a disadvantage. If you want to earn both introductory and ongoing rewards, consider Chase Ink Business Cash^SM.

How to Redeem Your Rewards

You will receive a rebate as a statement credit for any eligible purchases. This rebate is based on the percentage of eligible purchases made during a single billing period. You’ll see your rewards rebate on the second billing statement after the billing statement where you made those purchases. If you earn rewards in April, you’ll receive a statement credit in June.

American Express SimplyCash® Plus Additional Features

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

• Extended warranty protection: Covers original U.S. manufacturers’ warranties of five years or less and provides up to an additional two years of warranty. Coverage is limited to $10,000 per occurrence and $50,000 per account per 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 item and $50,000 per account per year.

American Express offers some of the best additional features on our list. For example, other cards on our list like Chase Ink Business Cash^SM only offer extended coverage on warranties of three years or less. Plus, that card only provides up to an additional one year of coverage.

What American Express SimplyCash® Plus Is Missing

American Express SimplyCash® Plus does not offer any introductory rewards. If you want to earn introductory rewards, consider Chase Ink Business Cash^SM. That card offers $500 after you spend $3,000 within the first three months. Plus, you’ll earn up to 5% cash back.

American Express SimplyCash® Plus Reviews

We considered both user reviews and our own editorial review when rating this card. American Express SimplyCash® Plus reviews agree that this is a solid option for nonprofits that want to choose category rewards and those that have office supply expenses. However, reviewers agree its disadvantage is the lack of a sign-up bonus.

User Reviews

Most online cardholder reviews are mixed. Cardholders love that they can choose category rewards for the 3% cash back rewards and receive no-interest financing for 15 months. However, most cardholders complain about the lack of an introductory reward, as it can be a deciding factor for many nonprofit organizations.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. American Express SimplyCash® Plus pays excellent rewards for nonprofit owners who want to track category bonuses. Reviewers agree that this could be a stronger card if it had introductory rewards or a balance transfer offer.

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 provide your business and personal information. Once approved, you’ll receive your card within seven to 10 days.

Apply Now

Capital One® Spark® Cash Select for Business: Best for Annual Card Expenses Less Than $19,000

Capital One® Spark® Cash Select for Business is best for nonprofit organizations that have annual credit card expenses less than $19,000. This card pays unlimited 1.5% cash back on all spending and offers interest-free financing on purchases for nine months. Its ongoing variable APR starts at 15.24%. If your nonprofit spends more than $19,000 annually, you’ll receive more benefit from the Capital One® Spark® Cash for Business. That card charges $95 annually, waived over the first year.

Capital One® Spark® Cash Select for Business Costs

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

• Annual fee:  $95 annually, waived over the first year
• Introductory APR: 0% for nine months on purchases
• Ongoing APR: 15.24% to 23.24% variable, which will adjust based on the prime rate
• Balance transfer fee: None

Capital One® Spark® Cash Select for Business charges no balance transfer fee, but the introductory APR only applies to purchases. If you’re looking for a balance transfer offer, consider American Express Blue Business^SM Plus. That card offers no-interest financing for 12 months on purchases and balance transfers.

Capital One® Spark® Cash Select for Business Rewards

Capital One® Spark® Cash Select for Business offers a one-time $200 cash bonus once you spend $3,000 on purchases within the first three months from account opening. Plus, you’ll earn 1.5% cash back on all spending.

Introductory Rewards

You’ll earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first three months from account opening. If you want to earn a larger offer, consider Chase Ink Business Unlimited^SM. That card offers $500 after you spend $3,000 within three months.

Ongoing Rewards

You’ll earn unlimited 1.5% cash back on all purchases. Chase Ink Business Unlimited^SM offers the same cash back rewards. However, Chase Ink Business Unlimited^SM has a large introductory offer worth $500 and interest-free financing on purchases for 12 months.

If you would rather earn miles to redeem for travel, Capital One offers Capital One® Spark® Miles Select for Business. This is an identical card with the exception of its reward redemption options.

How to Redeem Your Rewards

You can redeem your rewards as a statement credit or check, for a recent transaction, for gift cards, or you can set up automatic redemption. If you choose automatic redemption, you can set a time each calendar year or when you reach a threshold ($25, $50, $100, $200, $500 or $1,500).

Capital One® Spark® Cash Select for Business Additional Features

According to Capital One’s website, this card offers the Visa® Business Benefits:

• Extended warranty protection: Provides up to one additional year of coverage on eligible warranties of three years or less
• Purchase protection: Covers your purchased items 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, this Capital One business credit card offers Visa® Business Benefits. These features are similar when compared to other credit cards for nonprofits on our list. Some cards offer better coverage levels like American Express business credit cards, which cover warranties of five years or less.

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

Capital One® Spark® Cash Select for Business is not best for balance transfers because its introductory 0% APR period only applies to purchases. If you’re looking to transfer a balance, our recommendation is American Express Blue Business^SM Plus. That card offers an introductory 0% APR period for 12 months on both purchases and balance transfers.

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 card for nonprofit organizations that have low annual credit card expenses. However, its introductory reward is low when compared to other business credit cards.

User Reviews

Online user reviews are mostly mixed. Cardholders like the card’s fixed-rate rewards and interest-free financing period. However, some users complain the introductory reward is too low when compared to other cash back credit cards.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Reviewers agree this is a good card option if you spend less than $19,000 annually. If your annual credit card expenses are at least $19,000, reviewers recommend Capital One® Spark® Cash for Business. That card pays unlimited 2% cash back on all spending but charges an annual fee of $95, waived over the first year.

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

The Bank of America® Platinum Visa® Business is best for nonprofit organizations that are seeking the lowest ongoing APR. This card has an ongoing APR that ranges from 11.49% to 22.49% and charges no annual fee, which makes it an ideal choice if you frequently carry a balance. However, this card offers no ongoing rewards, so it’s not the best card for every nonprofit organization.

Bank of America® Platinum Visa® Business Costs

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

• Introductory APR: 0% APR on purchases for seven billing cycles
• Ongoing APR: 11.49% to 22.49%, which adjusts with the prime rate
• Annual fee: None
• Balance transfer fee: $10 or 4% of the balance transferred, whichever is greater

This card’s introductory APR does not apply to balance transfers and it charges a relatively high balance transfer fee. This card is best if you need to access the cheapest ongoing financing. If you need to transfer a balance, there are better options on our list that offer introductory financing on purchases and balance transfers.

Bank of America® Platinum Visa® Business Rewards

The Bank of America® Platinum Visa® Business card offers an introductory reward that is worth $300, which is low compared to other cards on our list. Plus, this card lacks an ongoing rewards program.

Introductory Rewards

You’ll receive a $300 statement credit after you make at least $3,000 in net purchases in the first 90 days your account is open. This is one of the smaller introductory rewards on our list. However, there are some cards that offer no introductory rewards like American Express SimplyCash® Plus.

Ongoing Rewards

The Bank of America® Platinum Visa® Business card doesn’t offer any ongoing rewards in the form of points or cash back. This is the only card on our list that doesn’t offer ongoing rewards.

Bank of America® Platinum Visa® Business Additional Features

The Bank of America® Platinum Visa® Business doesn’t offer many additional card features, especially when you compare it to some of the best credit cards for nonprofits on our list. The only feature that stands out is its 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.

What Bank of America® Platinum Visa® Business Is Missing

Bank of America® Platinum Visa® is the only card on our list that doesn’t offer ongoing rewards. However, this is a solid card if you plan to carry a balance because it offers the lowest ongoing APR. If you want a low ongoing APR and ongoing rewards, consider American Express SimplyCash® Plus.

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 card reviews are mixed. Both user and editorial reviews suggest this card’s value is held in its ongoing APR. However, its rewards and benefits are below average.

User Reviews

Online reviews suggest that cardholders enjoy the card’s no annual fee, low ongoing APR, and relatively low qualification requirements. However, several users complain about the card’s weak rewards program.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviewers agree that this Bank of America business card is an excellent low APR credit card. It’s a good pick for nonprofit organizations that are concerned about financing purchases. However, reviewers believe there are several other better choices.

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

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

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Charity Charge Business Mastercard®: Best for Vendor Discounts and No Personal Guarantee

Charity Charge Business Mastercard®, issued by Commerce Bank, caters to nonprofits that want to earn discounts at more than 200 national vendors. Plus, this card requires no personal guarantee. This means there’s no personal credit check and you — the business owner — are not personally liable for the debts. This card also pays 1% cash back on every purchase and charges no annual fee. It has an ongoing variable APR of 14.90%.

Charity Charge Business Mastercard® Costs

Financing costs and fees on the Charity Charge Business Mastercard® include:

• Introductory APR: None
• Ongoing APR: 14.90%, which will adjust with the prime rate
• Annual fee: None
• Balance transfer fee: None

Unlike other cards on our list, including American Express SimplyCash® Plus, this card does not offer an introductory APR. Although its ongoing APR of 14.90% is not bad, there are other cards that offer lower APRs. For example, Bank of America® Platinum Visa® Business has an ongoing APR as low as 11.49%.

Charity Charge Business Mastercard® Rewards

The Charity Charge Business Mastercard® does not offer a sign-up bonus. However, you can earn 1% cash back on all purchases as an automatic rebate to your monthly statement. Although the rewards are below-average, the lack of a personal guarantee may be more beneficial for some nonprofits.

Introductory Rewards

Much like American Express Blue Business^SM Plus, the Charity Charge Business Mastercard® does not offer any introductory rewards. However, this card does offer discounts at over 200 national vendors, including FedEx, which can be extremely lucrative for a handful of nonprofits.

Ongoing Rewards

You will earn 1% cash back on all spending. There are other no annual fee cards on our list that offer better fixed-rate rewards. For example, Chase Ink Business Unlimited^SM pays an unlimited 1.5% cash back on all spending.

How to Redeem Rewards

Unlike other cards on our list, you don’t have multiple reward redemption options with the Charity Charge Mastercard®. Instead, you’ll automatically receive your cash back rewards as a rebate on your monthly credit card statement.

Charity Charge Business Mastercard® Additional Features

The Charity Charge Business Mastercard® includes the following features:

• 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: 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 a total of $50,000 per cardholder per year.

Charity Charge Business Mastercard® is the only business credit card without a personal guarantee on our list. Liability may rest with the company or it may be held jointly between the business and individual cardholders. This can be hugely beneficial to some nonprofit owners who don’t want a card that requires a personal credit check. Additionally, this card offers exclusive discounts at more than 200 nation vendors, which is unique to this card.

What the Charity Charge Business Mastercard® Is Missing

Charity Charge Business Mastercard® doesn’t offer any introductory interest-free financing or introductory rewards. However, this card makes up for this disadvantage with its exclusive vendor discounts and no personal guarantee requirement.

Charity Charge Business Mastercard® Reviews

We considered both user reviews and our own editorial review when rating this card. We found no Charity Charge Business Mastercard® user reviews online. However, editorial reviews suggest this card is a solid pick for nonprofits that aren’t concerned with earning the best rewards.

User Reviews

This card was introduced in June 2019, and we found no user reviews online for the Charity Charge Business Mastercard®.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. The Charity Charge Business Mastercard® is one of the few cards that specifically caters to nonprofit organizations. Reviewers agree the card’s value comes from the vendor discounts and no personal guarantee.

Where to Apply for the Charity Charge Business Mastercard®

You can request an application for the Charity Charge Business Mastercard® online. You’ll receive an application in your email within 24 hours, which you can complete and submit electronically. Typically, it takes up to seven days to receive an approval because your application must be sent to Commerce Bank, which issues the card. Once approved, you’ll receive your card within seven to 10 days.

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

Capital One® Spark® Classic for Business is best for nonprofit owners who want to build their business and personal credit scores. This card is designed for owners with personal credit scores between 580 and 669. It charges no annual fee and pays 1% cash back on all spending. It has an ongoing variable APR of 25.24%.

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: 25.24% variable, which adjusts with the prime rate
• Balance transfer fee: None

This card’s ongoing APR is the highest when compared to other nonprofit credit cards. However, this is the average APR for fair credit business credit cards. If you have fair credit, it’s likely you won’t be able to qualify for a card with a low ongoing APR.

Capital One® Spark® Classic for Business Rewards

Capital One® Spark® Classic for Business doesn’t have any introductory rewards, although it pays an unlimited 1% cash back on all spending. These rewards are common when compared to other credit cards for fair credit.

Introductory Rewards

Capital One® Spark® Classic for Business does not offer any introductory rewards, which is common for credit cards for fair credit. This is an ideal card to use to build your credit until you can qualify for a traditional nonprofit credit card. Most small business credit cards require a personal credit score of at least 670.

Ongoing Rewards

You’ll earn unlimited 1% cash back on all purchases. These rewards are just an added benefit, as the true value of this card is the ability to build your credit. If your personal credit score is below 580, consider a secured business credit card. Those cards have credit limits that are equal to your cash deposit and have fewer qualification requirements.

Capital One® Spark® Classic for Business Additional Features

According to Capital One’s website, this card offers the following Visa® Business Benefits:

• Extended warranty protection: Provides up to one additional year of coverage on eligible warranties of three years or less
• Purchase protection: Covers your purchased items 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® Classic for Business offers Visa® Business Benefits. These features are similar to Capital One® Spark® Cash Select for Business, which offers 1.5% cash back. However, you won’t be able to qualify for that card with fair credit.

How to Redeem Your Rewards

You can redeem your rewards as a statement credit or check, for a recent transaction, for gift cards, or you can set up automatic redemption. If you choose automatic redemption, you can set a time each calendar year or when you reach a threshold ($25, $50, $100, $200, $500 or $1,500).

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

Capital One® Spark® Classic for Business doesn’t have a sign-up bonus and has a below-average ongoing rewards program. However, it’s common for nonprofit owners to use this card to build their credit and not earn 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 are mostly positive. Both user and editorial reviews agree that this card is only valuable if you need to build your business and personal credit.

User Reviews

Online user reviews are generally positive. Most users enjoy the ability to build their business and personal credit while earning some rewards. The major downfall of this card is its low credit limits. According to Capital One’s website, credit limits start at $500.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Most reviewers agree this is one of the best nonprofit credit cards for fair credit. It has the fewest qualification requirements when compared to any other card on our list. However, its rewards structure is below-average.

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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Bottom Line

The best nonprofit credit cards offer introductory rewards up to $1,000, pay ongoing rewards up to 5%, and have APRs as low as 11.49%. Plus, most cards on our list charge no annual fees, which can spare your nonprofit some price pain.

We believe Chase Ink Business Cash^SM is the overall best nonprofit credit card. It charges no annual fee and offers a sign-up bonus of $500 after spending $3,000 within the first three months. Plus, it pays up to 5% cash back and has no-interest financing for 12 months on purchases. You can apply online in a matter of minutes.

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