Editor’s note: This is a recurring post with regularly updated card details.
The best credit cards for nonprofits offer low annual fees, low ongoing annual percentage rates (APRs), and generous rewards in expense categories where your organization spends the most. When choosing the best nonprofit credit card, consider other features that may benefit your organization. We’ve selected a variety of cards with robust rewards. We included a charge card for those who prefer to pay their balance in full each month and a prepaid card for those who don’t want to incur credit card debts.
Here are the 10 best credit cards for nonprofits:
- Chase Ink Business Cash®: Best overall credit card for nonprofits with premium rewards
- Charity Charge Nonprofit Business Card: Best for vendor discounts and no personal guarantee
- Bank of America Business Advantage Unlimited Cash Rewards: Best for unlimited fixed-rate rewards
- Capital One® Spark® Classic for Business: Best for nonprofits with fair credit
- 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 unlimited cash back, instant approval, and expanded buying power
- Chase Ink Business Preferred® Credit Card: Best for earning up to $1,250 sign-up bonus with high credit limit
- Chase Ink Business PremierSM Credit Card: Best for nonprofits with frequent large purchases
- PNC Cash Rewards® Visa Signature® Business Credit Card: Best for low ongoing APR with $400 sign-up bonus
- Emburse Spend Card: Best prepaid card with unlimited rewards and no personal credit check
Best Credit Cards for Nonprofits at a Glance
Best For | Annual Fees | Sign-up Bonus | Ongoing Rewards | |
|---|---|---|---|---|
 Chase Ink Business Cash | Best overall credit card for nonprofits with premium rewards | $0 | $900 sign-up bonus after spending $6,000 in the first three months | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 Charity Charge Nonprofit Business Card | Vendor discounts and no personal guarantee | $0 | None | Automatic rebates through Mastercard® Easy Savings |
Credit Needed: Good to Excellent | ||||
 Bank of America Business Advantage Unlimited Cash Rewards | Unlimited fixed-rate rewards | $0 | $300 statement credit after spending $3,000 in the first 90 days | Unlimited 1.5% cash back |
Credit Needed: Excellent | ||||
 Capital One® Spark® Classic for Business | Nonprofits with fair credit | $0 | None | Up to 5% cash back |
Credit Needed: Fair | ||||
 U.S. Bank Triple Cash Rewards World Elite Mastercard® | 0% APR for 15 months and $100 annual software credit | $0 | $500 bonus cash back after spending $4,500 in the first 150 days | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 American Express Blue Business Cash | Unlimited cash back, instant approval, and expanded buying power | $0 | $250 statement credit when you spend $3,000 within 90 days | Up to 2% cash back |
Credit Needed: Good to Excellent | ||||
 Chase Ink Business Preferred® Credit Card | Earning up to $1,250 sign-up bonus with high credit limit | $95 | 100,000 bonus points after spending $8,000 in the first three months | Up to 3x points per dollar |
Credit Needed: Good to Excellent | ||||
 Chase Ink Business PremierSM Credit Card | Nonprofits with frequent large purchases | $195 | $1,000 bonus cash back after spending 10,000 in the first three months | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 PNC Cash Rewards® Visa Signature® Business Credit Card | Low ongoing APR with $400 sign-up bonus | $0 | $400 cash bonus after $3,000 in the first three billing cycles | Unlimited 1.5% cash back |
Credit Needed: Good to Excellent | ||||
 Emburse Spend Card | Prepaid card with unlimited cash back and no personal credit check | $0 | None | Unlimited 1% cash back |
Credit Needed: N/A | ||||
Chase Ink Business Cash®: Best Overall Credit Card for Nonprofits With Premium Rewards
Ink Business Cash® Credit Card
BEST FOR:
Office-based businesses that want top cash back rewards
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
Why we like it: The Chase Ink Business Cash® card is our best overall nonprofit credit card because it is useful for fundraising expenses. If you print letters, mailers, grant proposals, and annual reports, and frequently call donors or plan events, you’ll earn premium rewards from this card, as follows:
- 5% cash back for the first $25,000 spent on office supplies, internet, cable, and phone services each year
- 2% cash back at gas stations and restaurants for the first $25,000 annually
- 1% cash back on all purchases when the cap is met
Other benefits:
- No annual fee: Pay no annual fee and minimize your nonprofit’s credit cost while earning rewards on expenses.
- Sign-up bonus: Spend at least $6,000 within the first three months of card ownership, you’ll receive a cash back bonus of $900, which you can use toward your operational expenses and nonprofit programs.
- 0% introductory APR: Make a large purchase and pay it off within 12 months of opening an account without paying interest.
- Flexible redemption options: Receive your cash back as a statement credit or as a deposit to your savings or checking account, or toward travel, gift cards, and merchandise.
Keep in mind that the 0% APR offer does not apply to balance transfer transactions. Its strong rewards program and other benefits made the Chase Ink Business Cash® card our leading business credit card for startups and top credit card for limited liability companies (LLCs).
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: The Charity Charge Nonprofit Business Card can be a big help with your nonprofit’s recurring expenses because you’ll earn automatic rebates and vendor discounts at over 50,000 participating vendors nationwide. Plus, it doesn’t require a personal guarantee, meaning you won’t be personally liable for your organization’s debts. The card can be underwritten directly to the nonprofit, making it one of our top credit cards with no personal guarantee.
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:
- No annual fee: Reduce your credit cost while earning premium discounts on purchases from over 50,000 national vendors.
- 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.
To qualify, your nonprofit must be in operation for at least five years with a minimum of $100,000 in annual revenue or at least two years in operation with $500,000 in annual revenue. It’s important to note that this is a charge card, which means that your balance is due in full every month.
Bank of America Business Advantage Unlimited Cash Rewards: Best for 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
- Doesn’t charge 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
- Doesn’t charge 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: If you don’t want to keep track of spending categories and prefer to earn unlimited, fixed-rate rewards, the Bank of America® Business Advantage Unlimited Cash Rewards credit card offers 1.5% cash back on all purchases. There is no annual cap, and your rewards don’t expire.
Redeem your rewards as a deposit into your Bank of America checking or savings account, a statement credit, or a check by mail. 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.
Other benefits:
- No annual fee: Pay no annual fee and save on credit costs while earning unlimited cash back.
- Sign-up bonus: Receive a $300 statement credit when you make a minimum of $3,000 in purchases during the first 90 days of card ownership.
- 0% APR: Enjoy interest-free financing on purchases for the first nine billing cycles after opening an account—note that it does not apply to balance transfer transactions.
It is also an excellent card if your nonprofit maintains a business checking account with Bank of America because you can 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. Read our review of Bank of America’s business checking if you’re interested in the product.
Capital One® Spark® Classic for Business: Best for Nonprofits With Fair Credit
Capital One® Spark® Classic for Business
BEST FOR:
Those with fair credit
- 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 sign-up bonus
- 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 sign-up bonus
- 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, Capital One® Spark® Classic for Business 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: Take advantage of unlimited cash back without having to pay annual fees.
- Cash back does not expire: Your cash back rewards do not expire as long as your account remains open and in good standing.
While it has a relaxed credit requirement, it comes with a high interest rate of 29.99%—the highest among all other cards in this guide. Carrying a balance can be very costly for your organization, so we recommend paying your balance in full each billing cycle to avoid unnecessary costs.
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
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- 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
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Why we like it: U.S. Bank Triple Cash Rewards World Elite Mastercard® is an excellent option for nonprofits needing to make large purchases, such as office furniture or computers. It offers a 0% APR for the first 15 months of card ownership, which you can use to finance interest-free purchases and balance transfers. Plus, if your nonprofit pays for recurring software subscription expenses, such as for FreshBooks or QuickBooks, you can earn a $100 statement credit annually.
Other benefits:
- Ongoing rewards: Receive rewards on your everyday purchases with no cap or expiration:
- 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, cellphone service providers, and restaurants
- 1% cash back on all other purchases
- No annual fee: Minimize your credit cost by not having to pay annual fees while earning lucrative rewards—it is our overall best credit card with no annual fees.
- Sign-up bonus: Spend at least $4,500 on purchases within the first 150 days after opening an account and earn a $500 bonus cash back.
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, its generous rewards on fuel is the reason why it is our leading fuel card for small businesses.
American Express Blue Business CashTM: Best for Unlimited Cash Back, 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% intro 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% intro 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: American Express Blue Business CashTM card 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.
It also features expanded buying power, 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 is our top-recommended instant approval business card because American Express offers instant card numbers as soon as you get approved.
Other benefits:
- $0 annual fee: Pay no annual fee and benefit from unlimited cash back on your purchases without the extra cost.
- 0% APR: Take advantage of interest-free financing on purchases for the first 12 months; however, this does not apply to balance transfers.
American Express Blue Business CashTM is named our best cash back business credit card because of its lucrative rewards and perks.
Chase Ink Business Preferred® Credit Card: Best for Earning Up to $1,250 Sign-up Bonus with High Credit Limit
Ink Business Preferred® Credit Card
BEST FOR:
Maximizing travel rewards at a lower annual fee
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- No foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the sign-up bonus
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- No foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the sign-up bonus
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
Why we like it: If you can spend at least $8,000 on purchases in the first three months after opening an account, Chase Ink Business Preferred® lets you earn 100,000 bonus points, which is equivalent to $1,000 cash back or $1,250 when redeemed toward travel. Plus, it is a great option if your organization needs a high credit limit. It is our best high-limit business credit card.
Other benefits:
- Ongoing rewards: Use the card for your everyday purchases and earn rewards as follows:
- 3x points per $1 on the first $150,000 spent in combined purchases in four categories for each account anniversary year: travel, shipping, advertising on search engines and social media sites, internet, cable, and phone services
- 1x points per $1 when the cap is met and on all other purchases
- Flexible redemption options: Redeem your points for cash back, gift cards, merchandise, and travel—points are worth 25% more when redeemed for travel.
- Transfer points to travel programs: Transfer points to leading frequent travel programs at 1:1 value.
- Low annual fee: Earn lucrative rewards while paying a low annual fee of only $95.
If your nonprofit is relatively new, you may still qualify for the Chase Ink Business Preferred® card as long as you meet the personal credit requirements. The card is even one of our top business credit cards with no business credit history. Keep in mind, however, that it does not offer a 0% introductory APR.
Chase Ink Business PremierSM Credit Card: Best for Nonprofits With Frequent Large Purchases
Ink Business Premier℠ Credit Card
BEST FOR:
Those who frequently make large purchases
- 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 of $195
- 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 US 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 of $195
- 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 US 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: If your nonprofit makes substantial purchases regularly, you can benefit from Chase Ink Business PremierSM credit card’s premium rewards. For starters, if you can spend at least $10,000 on eligible purchases within the first three months of card ownership, you’ll receive a bonus cash back of $1,000. Also, you’ll earn a premium cash back rate of 2.5% for every single purchase transaction worth at least $5,000.
Other benefits:
- Ongoing rewards on purchases: Receive ongoing rewards on all your purchases, as follows:
- 5% cash back on travel booked through the Chase Ultimate Rewards program, including airline tickets, hotel stays, car rentals, vacation packages, and cruises
- 2% cash back on all other purchases
- Flexible redemption options: Redeem your rewards for cash back, gift cards, travel, and merchandise through Chase Ultimate Rewards.
- No expiration for rewards: Earn unlimited cash back that doesn’t expire for as long as your account remains open and in good standing.
- No foreign transaction fees: Use the card when you travel abroad without paying international transaction fees.
- Flex for Business option: Pay off eligible purchases over time with interest using this feature.
It’s worth noting that 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.
PNC Cash Rewards® Visa Signature® Business Credit Card: Best for Low Ongoing APR with $400 Sign-up Bonus
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
- No annual fee
Pros
- Charges $0 annual fees
- Has a sign-up bonus
- Has a low regular annual percentage rate (APR) for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Requires to have 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
- No annual fee
Pros
- Charges $0 annual fees
- Has a sign-up bonus
- Has a low regular annual percentage rate (APR) for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Requires to have 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: If you plan to carry a balance from time to time, you’ll find the PNC Cash Rewards® Visa Signature® Business Credit Card valuable. It comes with a low starting APR—the lowest among all other credit cards listed here. Plus, you can earn a $400 cash bonus when you spend $3,000 within the first three billing cycles.
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.
- No annual fee: Pay annual fees and save on overall credit costs.
PNC Cash Rewards® Visa Signature® Business Credit Card comes with additional features like extended protection, purchase security, and Cash Flow Insight® with the Spend Analysis tool, which allows you to monitor your organization’s spending and plan your budget. Because of its low ongoing APR, it is one of our best small business credit cards.
Emburse Spend Card: Best Prepaid Card with Unlimited Rewards & No Personal Credit Check
Why we like it: If your nonprofit organization doesn’t want to incur debts, consider a business prepaid card with robust spending control. Emburse Spend Card is a great option because it doesn’t require a personal credit check and a personal guarantee. Plus, it lets you earn unlimited, fixed-rate 1% cash back on all purchases.
Other benefits:
- No annual or monthly fees: Add virtual and physical cards with no annual or monthly fees.
- High load limit: Load your card up to $100,000—if you need more, you can easily request for approval.
- Streamlined expense reporting: Monitor real-time transactions, set robust spending controls per card, and automate your expense reporting and categorization using Emburse’s streamlined system.
Keep in mind that since this is a prepaid card, using it won’t help build your organization’s business credit. This is a great option if you have sufficient cash on hand to use as working funds. Emburse Spend Card is also one of our top business prepaid cards and leading purchasing cards.
When choosing the best credit cards for nonprofits, we focused on introductory and ongoing rewards, low to no annual fees, and reasonable interest rates. We also consider other features that are valuable to nonprofits, like premium rewards on specific spend categories or fixed-rate rewards. Taking all of these into account can help your organization save money.
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.
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 nonprofit credit card rewards you with every purchase you make. Consider a card with specific spending categories if certain expenses take the most out of your budget. If you don’t want to monitor your expense categories, a fixed-rate rewards card with no purchase limitations would work better for you. Also, consider other benefits and features that may be useful for your organization, including 0% introductory APR, sign-up bonuses, and expense reporting tools.
