10 Best Credit Cards for Nonprofits 2020

On Chase's Secure Website

Ink Business Cash℠ Credit Card

Earn $500 bonus cash back after you spend $3,000 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 card purchases with no limit to the amount you can earn
0% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% Intro APR on Purchases	14.74% - 20.74% Variable	$0	Good - Excellent

On Chase's Secure Website

Chase Ink Business Cash^SM is the overall best nonprofit credit card because it offers top cash back rewards and charges no annual fee. 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 variable APR starts at 14.74%.

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: 14.74% to 20.74% variable, 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 small 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 Plus® Mastercard® Business card has an ongoing APR that starts at about four percentage points lower than the Chase business card’s ongoing APR.

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. Chase Ink Business Preferred^SM, 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. Plus, it offers the highest ongoing rewards when compared to the other nonprofit credit cards on our list. For example, Chase Ink Business Unlimited^SM only pays 1.5% cash back on all spending.

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.

Chase Ink Business Cash^SM reviews show 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® Plus provides up to an additional two years of coverage on eligible warranties of five years or less.

What Chase Ink Business Cash^SM Is Missing

This startup business credit card 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, we recommend the American Express Blue Business Cash^TM Card. That card pays 2% cash back on all purchases up to $50,000 annually.

Chase Ink Business Preferred^SM: Best for Nonprofit Credit Card for Strong Travel Rewards

On Chase's secure website

Ink Business Preferred℠ Credit Card

Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem 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 - with no limit to the amount you can earn

Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
No foreign transaction fees
Employee cards at no additional cost
$95 Annual Fee

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
N/A	17.49% - 22.49% Variable	$95	Good to Excellent

On Chase's secure website

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 17.49%.

Chase Ink Business Preferred^SM Costs

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

Introductory APR: None
Ongoing APR: 17.49% to 22.49% variable, 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 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:

Three 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.
One 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.

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 reviews show unique card perks compared to other cards on our list, including cellphone insurance and trip cancellation insurance. 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® Plus. That card offers an introductory 0% APR period for 12 months on purchases and balance transfers.

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

On Chase's Secure Website

Ink Business Unlimited℠ Credit Card

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
Earn unlimited 1.5% cash back on every purchase made for your business
0% introductory APR for 12 months on purchases

Employee cards at no additional cost
No Annual Fee

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% Intro APR on Purchases	14.74% - 20.74% Variable	$0	Good - Excellent

On Chase's Secure Website

Chase Ink Business Unlimited^SM is best for nonprofit organizations that want to earn fixed-rate cash back and a sign-up bonus. 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 14.74%.

Chase Ink Business Unlimited^SM Costs

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

Introductory APR: 0% APR for 12 months on purchases
Ongoing APR: 14.74% to 20.74% variable, which will adjust with the prime rate
Annual fee: None
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 U.S. Bank Business Cash Rewards World Elite^TM MasterCard®. That card offers an introductory 0% APR period on purchases and balance transfers for 9 billing cycles.

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.

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. If you want to earn a higher return rate, choose the American Express Blue Business Cash^TM Card. That card pays 2% cash back on all spending, but it does not offer any introductory rewards.

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 US manufacturers’ warranties of three years or less.

Chase Ink Business Unlimited^SM reviews show 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^SM 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 Cash^TM Card. That card offers no-interest financing on purchases and balance transfers for 12 months.

U.S. Bank Business Cash Rewards World Elite^TM MasterCard®: Best for 0% APR On Purchases and Balance Transfers

On US Bank's Secure Website

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

Earn a new cardmember bonus of $200 after you spend $1,000 in eligible net purchases on your card within the first 90 days of account opening
3% cash back on cellular, gas stations, and office supply store net purchases
1% cash back on other eligible net purchases

No limit on total rewards and they never expire!
Plus, a 25% Annual Cash Rewards bonus, up to $250
No annual fee*
Net purchases are purchases minus credits and returns
0% Intro APR* on purchases and balance transfers for the first 9 billing cycles. After that variable APR currently 13.74% - 24.74%*

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0%*	13.74% - 24.74%* Variable	$0*	Excellent

On US Bank's Secure Website

See Rates and Fees

The U.S. Bank Business Cash Rewards World Elite^TM MasterCard® is best for nonprofit organizations that want the best introductory financing offer. It charges no interest on purchases and balance transfers for 9 billing cycles. You’ll earn up to 3% cash back and a $200 sign-up bonus after spending $1000 within 90 days. Ongoing APR starts at 13.74%.

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

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

Introductory APR: 0% on balance transfers and purchases for the first 9 billing cycles
Ongoing APR: 13.74% to 24.74% variable, which will adjust with the prime rate
Balance transfer fee: $5 or 3% of the transfer, whichever is greater
Annual fee: None

The next best introductory APR offer on our list is American Express Blue Business® Plus and the American Express Blue Business Cash^TM Card. Those nonprofit credit cards charge no interest on purchases and balance transfers for 12 months. Choose one of those cards if you prefer fixed-rate rewards compared to bonus category rewards.

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

The U.S. Bank Business Cash Rewards World Elite^TM MasterCard® offers an introductory reward of $200 when you spend $1000 within the first 90 days. Plus, it pays up to 3% cash back and a unique 25% annual bonus worth up to $250.

Introductory Rewards

You’ll earn $200 cash back when you spend $1000 during the first 90 days. In comparison to other 0% APR cards, American Express Blue Business® Plus and the American Express Blue Business Cash^TM Card don’t offer introductory rewards.

Ongoing Rewards

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

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

If you’d rather earn fixed-rate rewards, consider American Express Blue Business^® Plus and the American Express Blue Business Cash^TM Card. However, those cards don’t offer any introductory rewards like the $500 sign-up bonus this U.S. Bank card offers. You’ll need to decide what’s more important—fixed-rate rewards on all spending or an introductory reward.

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

The following benefits are included on your card:

MasterRental car rental collision damage waiver: U.S. Bank covers you in case of accident or theft on all rentals made worldwide. This coverage is primary, which means you won’t need to use your own personal car insurance or accept the rental company’s insurance. Coverage is limited up to $50,000.
Purchase assurance: U.S. Bank may repair or reimburse for purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per item and up to $25,000 per year.
Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year on warranties of five years or less. U.S. Bank will replace the item or reimburse you up to the amount charged on your card up to $10,000.

This nonprofit credit card includes similar perks when compared to American Express Blue Business® Plus. However, that card offers purchase protection on items that are damaged or stolen within 120 days of purchase.

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

U.S. Bank business card reviews show that the U.S. Bank business credit card doesn’t offer the best rewards on office supply expenses when compared to some other credit cards for nonprofits. You can earn up to 5% cash back with other cards on our list, including Chase Ink Business Cash^SM. However, that card does not have an introductory balance transfer offer.

American Express Blue Business Cash^TM Card: Best for 2% Cash Back On All Spending

on American Express® Blue Business Cash Card's secure website.

American Express® Blue Business Cash Card

Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power§.
Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.

0.0% intro APR on purchases and balance transfers for 12 months, then a variable rate, 14.74%, 17.74%, or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.74% - 20.74% Variable	No annual fee	Good, Excellent

on American Express® Blue Business Cash Card's secure website.

See Rates and Fees

The American Express Blue Business Cash^TM Card is best for nonprofit owners who want to earn 2% cash back on every purchase and pay no annual fee. Other business credit cards offer an identical return rate, but charge close to $100 annually. Plus, this card also charges no interest for 12 months on purchases and balance transfers. Its ongoing variable APR starts at 14.74%.

American Express Blue Business Cash^TM Card Costs

Financing costs and fees on the American Express Blue Business Cash^TM Card include:

Introductory APR: 0% for 12 months on purchases and balance transfers
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 3% of the transferred amount, whichever is greater

This American Express business credit card has an identical fee structure as American Express Blue Business® Plus. If you need more time to pay off your balance, consider the U.S. Bank Business Cash Rewards World Elite^TM MasterCard®. That card charges no interest for 9 billing cycles on purchases and balance transfers. However, that card pays bonus category rewards instead of fixed-rate rewards.

American Express Blue Business Cash^TM Card Rewards

The American Express Blue Business Cash^TM Card pays 2% cash back on all spending on purchases up to $50,000 annually, then 1% thereafter. This card does not offer any introductory rewards.

Introductory Rewards

The American Express Blue Business Cash^TM Card doesn’t offer introductory rewards. Most cards on our list of the best credit cards for nonprofits offer a sign-up bonus after you meet a spending requirement. For example, Chase Ink Business Unlimited^SM (1.5% cash back) offers $500 after you spend $3,000 within three months.

Ongoing Rewards

The American Express Blue Business Cash^TM Card offers the following ongoing rewards:

2% cash back on all purchases up to $50,000 each year.
1% cash back on all additional purchases.

In comparison, the Chase Ink Business Unlimited^SM card offers 1.5% cash back, but it has no rewards cap. Choose that card if your nonprofit organization wants to earn rewards without a monetary cap like this American Express business credit card.

American Express Blue Business Cash^TM Card Additional Features

The American Express Blue Business Cash^TM Card offers the following additional features:

Extended warranty protection: American Express will provide up to one additional year of coverage on the original manufacturer’s warranty of five years or less. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.

American Express business card reviews show these additional features fall short of what American Express Blue Business® Plus offers. For example, that card has a purchase protection coverage window of 120 days and offers up to two years of additional warranty coverage.

What the American Express Blue Business Cash^TM Card Is Missing

This card does not offer any introductory rewards. That’s a real turnoff for some nonprofit owners, especially when other cards that charge no annual fee offer introductory rewards worth up to $500 cash back. Instead, consider Chase Ink Business Cash^SM, which offers $500 when you spend $3,000 within three months.

American Express Blue Business^® Plus: Best for 2x Points On All Spending

on The Blue Business® Plus Credit Card from American Express's secure website.

The Blue Business® Plus Credit Card from American Express

Get rewarded for business as usual. Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners.
2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
Enjoy the flexibility to put more purchases on the Card and earn rewards when you buy above your credit limit*.

You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
More buying power for your business means more opportunities to earn points. That’s everyday business with the Blue Business Plus Card.
*The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
0.0% intro APR on purchases and balance transfers for 12 months, then a variable rate, 14.74%, 17.74% or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
Terms Apply

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.74% - 20.74% Variable	No annual fee	Good, Excellent

on The Blue Business® Plus Credit Card from American Express's secure website.

See Rates and Fees

American Express Blue Business^®Plus is best for nonprofit organizations that want to earn 2x points on all purchases and have access to no-interest financing. This card charges no annual fee and interest for 12 months on purchases and balance transfers. Choose this card over the American Express Blue Business Cash^TM Card if you’d rather earn points compared to cash back. Ongoing variable APR starts at 14.74%.

American Express Blue Business® Plus Costs

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

Introductory APR: 0% for 12 months on purchases and balance transfers
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 3% of the transfer, whichever is greater

This card’s introductory 0% APR period is identical to the American Express Blue Business Cash^TM Card. However, that card pays its rewards in the form of cash back instead of points. Both cards offer no introductory rewards.

American Express Blue Business® Plus Rewards

American Express Blue Business® 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® 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® 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.

American Express Blue Business® Plus Additional Features

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

Extended warranty protection: Covers warranties of five years 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 card reviews show that American Express business credit cards offer some of the highest coverage levels. In comparison, the American Express Blue Business Cash^TM Card only offers up to an additional one year of warranty coverage and a 90-day purchase protection coverage window.

What American Express Blue Business® Plus Is Missing

American Express Blue Business® 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.

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

on Capital One® Spark® Cash Select for Business's secure website.

Capital One® Spark® Cash Select for Business

Earn unlimited 1.5% cash back for your business on every purchase, everywhere, no limits or category restrictions
Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months from account opening
Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that

No annual fee
Free employee cards, which also earn unlimited 1.5% cash back on all purchases
Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
$0 Fraud Liability if your card is lost or stolen
No foreign transaction fees

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.49% - 22.49% (Variable)	$0	Excellent, Good

on Capital One® Spark® Cash Select for Business's secure website.

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. Plus, you can earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first three months from account opening. Its ongoing variable APR starts at 14.49%.

If your nonprofit spends more than $19,000 annually, you’ll benefit more 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:

Introductory APR: 0% for nine months on purchases
Ongoing APR: 14.49% to 22.49% variable, which will adjust based on the prime rate
Annual fee: None
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 the U.S. Bank Business Cash Rewards World Elite^TM MasterCard®. That card offers no-interest financing for 9 billing cycles on purchases and balance transfers.

Capital One® Spark® Cash Select for Business Rewards

This Capital One business credit card 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.

Capital One® Spark® Cash Select for Business Additional Features

According to Capital One’s website, this card offers 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.

Capital One business card reviews show 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 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 the American Express Blue Business Cash^TM Card. That card offers an introductory 0% APR period for 12 months on both purchases and balance transfers.

Bank of America® Platinum Plus® Mastercard® Business card: Best for the Lowest Ongoing APR

On Bank of America's Secure Website

Bank of America® Platinum Plus® Mastercard® Business card

Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening.
Save on interest with a competitive purchase APR.
No annual fee.

0% Introductory APR on purchases for your first 7 billing cycles.
Employee cards at no additional cost to you and with credit limits you set.

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% 7 billing cycles	11.74% - 22.74% Variable APR on purchases	$0.00	Excellent

On Bank of America's Secure Website

Bank of America® Platinum Plus® Mastercard® Business card is best for nonprofit organizations that are seeking the lowest ongoing APR. This card has an ongoing variable APR that ranges from 11.74% – 22.74% variable 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 Plus® Mastercard® Business card Costs

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

Introductory APR: 0% APR on purchases for seven billing cycles
Ongoing APR: 11.74% – 22.74% Variable, 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 Plus® Mastercard® Business card Rewards

The Bank of America® Platinum Plus® Mastercard® 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 Blue Business® Plus.

Ongoing Rewards

The Bank of America® Platinum Plus® Mastercard® 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 Plus® Mastercard® Business card Additional Features

The Bank of America® Platinum Plus® Mastercard® Business card doesn’t offer many additional card features, especially when you compare it to some of the best credit cards for nonprofits on our list. Bank of America card reviews show that 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 Plus® Mastercard® Business card Is Missing

Bank of America® Platinum Plus® Mastercard® Business card 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.

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

On Charity Carge's Secure Website

Charity Charge Mastercard®

No annual fee to use the Charity Charge Nonprofit Business card
1% Cash Back as an automatic rebate on your monthly statements
Exclusive discounts at over 200+ national vendors through our partnership with Purchasing Point

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
N/A	14.90% Variable	$0	Good - Excellent

On Charity Carge's Secure Website

The 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% variable, which will adjust with the prime rate
Annual fee: None
Balance transfer fee: None

Unlike other cards on our list, 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 Plus® Mastercard® Business card has an ongoing APR as low as 11.74%.

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® 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.

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 protection: Doubles the existing manufacturer’s warranty up to $10,000 per incident and $50,000 per cardholder per year.
Purchase assurance: Replaces new purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per incident and $50,000 per cardholder per year.

This 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.

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

on Capital One® Spark® Classic for Business's secure website.

Capital One® Spark® Classic for Business

Earn unlimited 1% cash back for your business on every purchase, everywhere, no limits or category restrictions
No annual fee
Build and strengthen credit for your business by using this credit card responsibly

$0 Fraud Liability if your card is lost or stolen
Free employee cards, which also earn unlimited 1% cash back on all purchases
Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
No foreign transaction fees

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
N/A	24.49% (Variable)	$0	Average, Fair, Limited