Editor’s note: This is a recurring post with regularly updated card details.
The best nonprofit credit cards come with features that are beneficial to your organization. To choose the right credit card for nonprofits, look at the annual fees, ongoing Annual Percentage Rates (APRs), and rewards in expense categories where your organization spends the most. Our top recommendations include regular business credit cards and a few charge cards for those who prefer to pay their balance in full each month.
Here are the top nine credit cards for nonprofits:
- Bank of America Business Advantage Unlimited Cash Rewards: Overall best nonprofit credit card with unlimited fixed-rate rewards
- Charity Charge Nonprofit Business Card: Best for vendor discounts and no personal guarantee
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best for 12-month 0% APR and $100 annual software credit
- American Express Blue Business CashTM: Best for expanded buying power
- U.S. Bank Mastercard® Community Rewards Card: Best for unlimited rewards and no personal guarantee
- Ramp Card: Best for large organizations that need a high credit limit
- Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for earning travel rewards and international transactions
- PNC Cash Rewards® Visa Signature® Business Credit Card: Best for a generous welcome offer
- American Express® Business Gold Card: Best for earning rewards in your top two categories
Looking for robust expense management Business Cards? Check out Ramp Today |
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Overview of the Best Credit Cards for Nonprofits 2024
Best For | Annual Fee | Ongoing Rewards | Credit Needed | ||
---|---|---|---|---|---|
Bank of America Business Advantage Unlimited Cash Rewards | Overall best nonprofit credit card with unlimited fixed-rate rewards | $0 | 1.5% cash back | Excellent | |
Charity Charge Nonprofit Business Card | Vendor discounts and no personal guarantee | $0 | Rebates through Mastercard® Easy Savings and discounts with CHAMPS GPO | Good to Excellent | |
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® | 0% APR for 12 months and $100 annual software credit | $0 | Up to 5% cash back | Good to Excellent | |
American Express Blue Business Cash | Expanded buying power | $0 | Up to 2% cash back | Good to Excellent | |
U.S. Bank Mastercard® Community Rewards Card | Unlimited rewards and no personal guarantee | $99 | 1% cash back when you pay a $99 annual fee | None specified | |
Ramp Card | Large organizations needing a high credit limit | $0 | Up to 1.5% cash back | Good to Excellent | |
Bank of America Business Advantage Travel Rewards World Mastercard | Earning travel rewards and international transactions | $0 | Up to 3x points | Excellent | |
PNC Cash Rewards Visa Signature Business Credit Card | Generous welcome offer | $0 | 1.5% cash back | Good to Excellent | |
American Express Business Gold Card | Earning rewards in your top two categories | $375 | Up to 4x points | Good to Excellent |
Bank of America® Business Advantage Unlimited Cash Rewards: Overall Best Nonprofit Credit Card With Unlimited Fixed-rate Rewards
Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card
BEST FOR:
Those with an existing business checking account with Bank of America
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn unlimited 1.5% cash back on purchases, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No annual cap and cash rewards don’t expire as long as your account remains open.
- No annual fee.
- Choose how to redeem your cash rewards – as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual fees
- Flexible redemption options
- With welcome offer
- With 0% introductory APR on purchases
Cons
- 0% introductory APR isn’t applicable to balance transfers
- With foreign transaction fees
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Balance Connect®: This helps prevent declined purchases, returned checks, or other overdrafts when you link your Bank of America® Business Advantage Unlimited Cash Rewards to a Bank of America business checking account for overdraft protection.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn unlimited 1.5% cash back on purchases, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No annual cap and cash rewards don’t expire as long as your account remains open.
- No annual fee.
- Choose how to redeem your cash rewards – as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual fees
- Flexible redemption options
- With welcome offer
- 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: This is our overall best nonprofit credit card because of its straightforward rewards program, helping your nonprofit earn rewards without complicated spending category tracking. It lets you earn unlimited cash back and charges a $0 annual fee.
Consider Bank of America® Business Advantage Unlimited Cash Rewards if you:
- Have a Bank of America business checking account and can qualify for the Preferred Rewards for Business Program
- Don’t want to keep track of spending categories
Charity Charge Nonprofit Business Card: Best for Vendor Discounts & No Personal Guarantee
Charity Charge Nonprofit Business Card
BEST FOR:
Nonprofits that want to receive exclusive vendor discounts and rebates
- While Charity Charge Nonprofit Business Card does not offer cash back or points rewards for its new and existing cardholders, it offers discounts and rebates through Mastercard® Easy Savings and CHAMPS GPO
Pros
- Does not charge annual fees
- Offers automatic rebates and discounts
Cons
- Balance is due in full each month
- Has strict eligibility requirements
- Does not have 0% introductory period
- First four months free for Microsoft 365: Get the first four months free after getting a one-year subscription to Office apps such as Word, PowerPoint, and Excel.
- No personal guarantee: This card requires no personal guarantee, which means it doesn’t require a personal credit check. Plus, you aren’t personally liable for the company’s debt obligations.
- Employee cards: You can order as many employee cards on your original application or after your account is established. You can also adjust individual cards and set temporary limit adjustments in real time.
- While Charity Charge Nonprofit Business Card does not offer cash back or points rewards for its new and existing cardholders, it offers discounts and rebates through Mastercard® Easy Savings and CHAMPS GPO
Pros
- Does not charge annual fees
- Offers automatic rebates and discounts
Cons
- Balance is due in full each month
- Has strict eligibility requirements
- Does not have 0% introductory period
- First four months free for Microsoft 365: Get the first four months free after getting a one-year subscription to Office apps such as Word, PowerPoint, and Excel.
- No personal guarantee: This card requires no personal guarantee, which means it doesn’t require a personal credit check. Plus, you aren’t personally liable for the company’s debt obligations.
- Employee cards: You can order as many employee cards on your original application or after your account is established. You can also adjust individual cards and set temporary limit adjustments in real time.
Why we like it: This charge card is built exclusively for the nonprofit community. It does not require a personal guarantee, which means you won’t be held personally liable for your nonprofit organization’s financial obligations. Plus, you can earn rebates through the Mastercard® Easy Savings program and enjoy exclusive discounts through CHAMPS GPO.
Consider the Charity Charge Nonprofit Business Card if your organization has:
- Been in operation for five years with $100,000 in annual revenue or for two years with annual revenue of $500,000
- Sufficient cash flow to pay the entire balance each billing cycle; since this is a charge card, your balance is due in full each month
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best for 12-month 0% APR & $100 Annual Software Credit
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
Those wanting to earn up to 3% cash back on selected spending categories
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 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.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- 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.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 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.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- 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.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Why we like it: One of its unique features is its 12-month long 0% APR period on purchases, and the card also lets you earn unlimited cash back on your eligible card transactions. On top of that, you’ll receive a $100 annual statement credit for recurring software subscriptions, helping your nonprofit save money on software expenses.
Consider the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® if:
- You need to carry a balance—you can take advantage of the long 0% APR period and the ExtendPay® Plan
- Your organization pays for recurring software subscriptions like QuickBooks or FreshBooks
American Express Blue Business CashTM: Best for 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, 17.99% - 25.99%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply.
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
- 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, 17.99% - 25.99%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply.
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Why we like it: The best thing about this card is its Expanded Buying Power feature, which lets you spend over your credit limit when you need to. The amount you can spend adjusts based on your credit usage, credit score, and payment behavior. In addition, it offers instant card numbers soon after approval, making it a great option if you need to use your card right away.
Consider the American Express Blue Business CashTM card if:
- You do not want to have to redeem your rewards manually, because cash back earned from this card is credited automatically to your statement account
- Your organization has varied credit needs every month and you may need to spend beyond your credit limit from time to time
U.S. Bank Mastercard® Community Rewards Card: Best for Unlimited Rewards & No Personal Guarantee
- 1% cash back on all purchases
Pros
- No personal guarantee required
- Can maintain same card program while changing officers and users
Cons
- No sign up bonus
- Need to pay annual fee to earn rewards
- Online application is not available
- Free employee cards
- Consolidated statements and detailed spending analysis
- Identity theft resolution
- Two ways to earn cash: making purchasing and taking payments/donations
- 1% cash back on all purchases
Pros
- No personal guarantee required
- Can maintain same card program while changing officers and users
Cons
- No sign up bonus
- Need to pay annual fee to earn rewards
- Online application is not available
- Free employee cards
- Consolidated statements and detailed spending analysis
- Identity theft resolution
- Two ways to earn cash: making purchasing and taking payments/donations
Why we like it: It is specifically designed for nonprofits, municipalities, and government entities. It doesn’t need a personal guarantee and charges a low annual fee of $99. Plus, you’ll earn unlimited cash back on your purchases, as well as rebates at elected merchants through the Mastercard Easy Savings® program.
Consider the U.S. Bank Mastercard® Community Card if:
- Your organization has sufficient funds to pay the full balance each month, as this is a pay-in-full card
- You are willing to pay the annual fee of $99 to earn rewards
Ramp Card: Best for Large Organizations Needing a High Credit Limit
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Why we like it: This corporate charge card is designed for large organizations needing a high credit limit. It offers up to 20x higher credit limits than traditional business credit cards. What’s more, you can earn unlimited cash back on all your purchases and benefit from time-saving software.
Consider the Ramp Card if you:
- Have at least $50,000 in a business bank account that will be connected to the Ramp card (this is a requirement to qualify)
- Need an expense management platform that provides robust controls and seamless monitoring features
Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for Earning Travel Rewards & International Transactions
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Why we like it: It lets you earn points-based rewards that can be redeemed for travel or statement credits to cover your travel and dining expenses. Also, it comes with $0 foreign transaction fees, so it’s also great for use when you travel outside the country.
Consider Bank of America® Business Advantage Travel Rewards World Mastercard® if:
- You need to travel frequently
- Your organization maintains a deposit account with Bank of America
PNC Cash Rewards® Visa Signature® Business Credit Card: Best for Generous Welcome Offer
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn fixed-rate cash back rewards
- Earn a $600 bonus when you open and start using a new PNC Cash Rewards® Visa Signature® Business Credit Card.
- Enjoy unlimited 1.5% cash back on all purchases with no cap.
- You can redeem your cash back as a statement credit or deposit it into an eligible PNC Business checking or savings account.
- Plus, add employee cards for free and earn cash back on their business spending as well.
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Charges 3% foreign transaction
- Requires having an active PNC Bank account
- Cash Flow Insight®: You can manage your cash flow, send invoices via email, pay online, and handle payables digitally with this online account management tool.
- Overdraft protection: You can set up a PNC business credit card as overdraft protection for your PNC business checking account to help ensure you have enough funding for unexpected expenses.
- Account view: You can manage employee purchases and monitor cash flow by checking your current balance, viewing pending transactions online, and setting individual spending limits for employee cards.
- VISA Signature benefits: You can have 24/7 concierge service, travel protections like rental car insurance and lost luggage reimbursement, cellphone protection, purchase protections, and access to exclusive offers.
- Earn a $600 bonus when you open and start using a new PNC Cash Rewards® Visa Signature® Business Credit Card.
- Enjoy unlimited 1.5% cash back on all purchases with no cap.
- You can redeem your cash back as a statement credit or deposit it into an eligible PNC Business checking or savings account.
- Plus, add employee cards for free and earn cash back on their business spending as well.
Pros
- Charges $0 annual fees
- Welcome offer
- Has a low regular APR for both purchases and balance transfers
Cons
- Does not have a 0% introductory period on balance transfers
- Charges 3% foreign transaction
- Requires having an active PNC Bank account
- Cash Flow Insight®: You can manage your cash flow, send invoices via email, pay online, and handle payables digitally with this online account management tool.
- Overdraft protection: You can set up a PNC business credit card as overdraft protection for your PNC business checking account to help ensure you have enough funding for unexpected expenses.
- Account view: You can manage employee purchases and monitor cash flow by checking your current balance, viewing pending transactions online, and setting individual spending limits for employee cards.
- VISA Signature benefits: You can have 24/7 concierge service, travel protections like rental car insurance and lost luggage reimbursement, cellphone protection, purchase protections, and access to exclusive offers.
Why we like it: For a purchase requirement of $3,000 within the first three months of opening an account, this card lets you earn a $400 welcome offer. This is the highest offer for the same spending requirement among all other cards on this list. In addition, you will receive unlimited cash back on eligible purchases.
Consider the PNC Cash Rewards® Visa Signature® Business Credit Card if you:
- Can spend $3,000 on the first three months of opening an account (to earn the welcome bonus)
- Don’t want your organization’s transactions reported to your personal credit
American Express® Business Gold Card: Best for Earning Rewards in Your Top Two Categories
American Express® Business Gold Card
BEST FOR:
Maximizing rewards in the two categories where you spend the most
- Welcome Offer: Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- 0% Intro APR ¤ for 6 months from the date of account opening on purchases eligible for Pay Over Time, then a 18.99% to 27.99% variable APR.*
- Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
- Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
- Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
- Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.*
- The Business Gold Card now comes in three metal designs: Gold, Rose Gold and Limited Edition White Gold. White Gold design is only available while supplies last. Make your selection when you apply on Americanexpress.com.
- *Terms Apply
Pros
- Earn 4x points in two categories every month
- Pay eligible charges over time with interest, or pay your balance in full monthly
Cons
- You’ll pay a high annual fee
- No interest-free financing opportunities
- Premium roadside assistance: Free of charge up to four times a year. You can receive towing up to 10 miles, winching, jump-starts, flat tire changes, lockout service when the key is in the vehicle, and delivery of up to two gallons of gas
- Return protection: American Express will refund you for eligible purchases when the store doesn’t accept returns of undamaged items. Coverage is limited to 90 days from purchase, up to $300 per item, and up to a maximum of $1,000 per year.
- Baggage insurance: If your baggage is lost, damaged, or stolen, you’re eligible for coverage of up to $1,250 for carry-on luggage and $500 for checked bags
- Extended warranty: Receive one additional year of coverage on purchases with eligible warranties of five years or less
- Purchase protection: Covers new purchases against damage or theft within 90 days of purchase. Coverage is limited to $1,000 per incident.
- Welcome Offer: Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- 0% Intro APR ¤ for 6 months from the date of account opening on purchases eligible for Pay Over Time, then a 18.99% to 27.99% variable APR.*
- Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
- Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
- Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
- Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.*
- The Business Gold Card now comes in three metal designs: Gold, Rose Gold and Limited Edition White Gold. White Gold design is only available while supplies last. Make your selection when you apply on Americanexpress.com.
- *Terms Apply
Pros
- Earn 4x points in two categories every month
- Pay eligible charges over time with interest, or pay your balance in full monthly
Cons
- You’ll pay a high annual fee
- No interest-free financing opportunities
- Premium roadside assistance: Free of charge up to four times a year. You can receive towing up to 10 miles, winching, jump-starts, flat tire changes, lockout service when the key is in the vehicle, and delivery of up to two gallons of gas
- Return protection: American Express will refund you for eligible purchases when the store doesn’t accept returns of undamaged items. Coverage is limited to 90 days from purchase, up to $300 per item, and up to a maximum of $1,000 per year.
- Baggage insurance: If your baggage is lost, damaged, or stolen, you’re eligible for coverage of up to $1,250 for carry-on luggage and $500 for checked bags
- Extended warranty: Receive one additional year of coverage on purchases with eligible warranties of five years or less
- Purchase protection: Covers new purchases against damage or theft within 90 days of purchase. Coverage is limited to $1,000 per incident.
Why we like it: With the card, you don’t have to second guess where your organization will spend the most because it lets you earn premium rewards on your top two spending categories. This allows you to maximize your rewards-earning potential. And while it charges a high annual fee of $375, it comes with several perks that may be valuable to your organization.
Consider the American Express® Business Gold Card if you:
- Have varied expenses on different spending categories per month
- Need flexible credit limits
How We Selected the Best Nonprofit Credit Cards
We selected the best credit cards for nonprofits based on features that may be valuable to nonprofit organizations, like premium rewards on specific categories or fixed-rate rewards. We prioritize cards that are specifically designed for nonprofits and government entities. We also considered the introductory and ongoing rewards, low or no annual fees, and reasonable interest rates, which are ways that 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, while some don’t.
You may also need to submit requirements, such as the representatives’ identification documents, proof of revenue, and nonprofit registration. As these requirements vary per issuer, it’s best to check with your chosen credit card company before you apply.
To choose the best nonprofit credit card for your organization, compare options that offer no or low annual fees, generous reward programs, and other perks that may be useful for your cause. Consider the expense categories where your organization spends the most, and find a card that rewards you on those categories. On top of that, 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 lets you earn rewards for your purchases, especially in spending categories where you spend the most. Choose a card that offers features that are beneficial to your organization. In addition, consider other perks that may be useful, including a 0% introductory APR, a $0 annual fee, welcome offers, and expense reporting tools.