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The best instant approval business credit cards offer an easy online application process and approval decision within minutes, with benefits like rewards, 0% APR, and other valuable features. Instant approval business credit cards can immediately provide you with the credit line you need for your business expenses. Note that to get approved quickly and easily, you need to meet the card’s qualification requirements, including personal credit scores and income eligibility.
We strongly recommend these eight best business credit cards with instant approval:
- The American Express Blue Business Cash™ Card: Best overall instant approval business credit card with automatic cash back and Expanded Buying Power
- Coast Fuel Card: Best for fuel expenses and businesses with fleets
- The Blue Business® Plus Credit Card from American Express: Best for fixed-rate points rewards and Expanded Buying Power
- card_name: Best for generous introductory and ongoing rewards and no preset limit
- card_name: Best for travel with a high credit limit
- card_name: Best for simple rewards structure and lucrative welcome offer
- Capital On Tap Business Credit Card: Best for instant virtual cards and weekly AutoPay
- Valley Visa® Secured Business Credit Card: Best secured business credit card with a straightforward prequalification process
Overview of the Best Instant Approval Business Credit Cards 2024
Best For | Annual Fee | Ongoing Rewards | Credit Needed | |||
|---|---|---|---|---|---|---|
 The American Express Blue Business CashTM | Overall best instant approval business credit card with automatic cash back & Expanded Buying Power | $0 | $250 statement credit | Up to 2% cash back | Good to Excellent | |
 Coast Fuel Card | Fuel expenses and businesses with fleets | None—pay $4 per active card, per month | None | Up to 10 cents per gallon on gas and 1% cash back for other purchases | Good to Excellent | |
 The Blue Business® Plus Credit Card from American Express | Fixed-rate points rewards and Expanded Buying Power | $0 | 15,000 points | Up to 2× points per dollar | Good to Excellent | |
card_name | Generous introductory and ongoing rewards and no preset limit | annual_fees | bonus_miles | Up to 5% cash back | credit_score_needed | |
card_name | Travel with a high credit limit | annual_fees | bonus_miles | Up to 5× points | credit_score_needed | |
card_name | Simple rewards structure and lucrative welcome offer | annual_fees | bonus_miles | Up to 5% cash back | credit_score_needed | |
 Capital On Tap Business Credit Card | Instant virtual cards and weekly AutoPay | $0 | None | Up to 2% cash back | Fair, Average | |
 Valley Visa® Secured Business Credit Card | Secured business credit card with a straightforward prequalification process | $0 | None | 1% cash back | Poor, Limited |
The American Express Blue Business Cash™ Card: Overall Best Instant Approval Business Credit Card With Automatic Cash Back & 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, 17.74% – 25.74%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- 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, 17.74% – 25.74%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- 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 American Express Blue Business Cash™ Card, our overall best instant approval business credit card, lets you earn up to 2% cash back, which will be automatically credited to your statement balance. It also features Expanded Buying Power, allowing you to spend over your credit limit based on your card usage, credit score, payment history, and other factors. These are the reasons why the card is also chosen as our top cash back business credit card.
Ongoing Rewards
- 2% cash back on the first $50,000 worth of purchases, then 1% cash back after the cap is reached
- $250 statement credit after you spend $3,000 in the first three months of card ownership
- 0% purchase APR for the first 12 billing cycles
- $0 annual fee
Coast Fuel Card: Best for Fuel Expenses & Businesses With Fleets
Coast Fuel Card
BEST FOR:
Businesses with small to large fleets
- 2 to 10 cents off per gallon everywhere Visa is accepted
- 1% back on non-fuel purchases
Pros
- Universally accepted fleet card
- 1% cash back on nonfuel purchases
- Doesn’t require personal guarantee
Cons
- Charges monthly fees to active users
- Balance is due in full each month
- Doesn’t support cash withdrawals
- Customizable controls
- Spend reports
- Exclusive discounts from large partner networks
- Integrations with Quickbooks, Fleetio, Samsara, Geotab, Verizon Connect, Azuga, and more
- 2 to 10 cents off per gallon everywhere Visa is accepted
- 1% back on non-fuel purchases
Pros
- Universally accepted fleet card
- 1% cash back on nonfuel purchases
- Doesn’t require personal guarantee
Cons
- Charges monthly fees to active users
- Balance is due in full each month
- Doesn’t support cash withdrawals
- Customizable controls
- Spend reports
- Exclusive discounts from large partner networks
- Integrations with Quickbooks, Fleetio, Samsara, Geotab, Verizon Connect, Azuga, and more
Why We Like It
The Coast Fuel Card is one of the top-recommended business fuel cards that lets you earn up to 10 cents per gallon on gas purchases and unlimited 1% cash back on all other expenses. On top of that, it offers access to a streamlined platform that lets you customize controls and track spending. Note that this is a charge card, so you need to pay your full balance each month. Also, while it charges $0 annual fees, you’ll need to pay a monthly fee of $4 per active user.
Ongoing Rewards
- 2 cents to 10 cents per gallon on gas everywhere Visa is accepted
- 1% cash back on purchases at merchants other than gas stations, with no tiers and caps
- Real-time alerts for suspicious card activity
- Up to $25,000 guaranteed protection per year against fuel fraud losses when you enable the minimum required security features
- Customizable controls let you set spend limits and only enable categories your company allows
- No personal guarantee required
The Blue Business® Plus Credit Card from American Express: Best for Fixed-rate Points Rewards & Expanded Buying Power
The Blue Business® Plus Credit Card from American Express
BEST FOR:
Pocketing 2x points per $1 and 0% introductory APR for 12 months
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X 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. Terms and limitations apply.
- You’ve got the power to spend beyond your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
Pros
- $0 annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power: The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection: Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection: American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X 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. Terms and limitations apply.
- You’ve got the power to spend beyond your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
Pros
- $0 annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power: The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection: Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection: American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
Why We Like It
The Blue Business® Plus Credit Card from American Express, one of our best sole proprietorship business cards, is an excellent instant approval business credit card option if you prefer to earn points-based rewards. You can redeem your points in several ways, including travel, statement credits, merchandise, gift cards, and more.
It also comes with an Expanded Buying Power feature, so you can spend over your credit limit when you need to base on factors like credit usage, credit history, and payment behavior. Plus, you can find out if you’re approved with no negative impact on your personal credit score.
Ongoing Rewards
- 2× points per dollar on the first $50,000 worth of purchases, then 1× point per dollar after the cap is reached
- 15,000 Membership Rewards® points after you spend $3,000 in the first three months of card ownership
- 0% purchase APR for the first 12 billing cycles
- $0 annual fee
card_name: Best for Generous Introductory and Ongoing Rewards & No Preset Limit
card_name
BEST FOR:
Businesses that want simple yet generous cash back
- Earn a one-time $750 cash bonus once you spend $7,500 on purchases within the first 3 months from account opening
- Get 2% cash back on all business-related purchases without limits or category restrictions.
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Pros
- With welcome offer
- Offers unlimited 2% cash back on all purchases
Cons
- Charges annual fee
- Requires excellent credit to qualify
- Payment flexibility: Pick your preferred monthly due date to control when to pay your credit card bill.
- $0 fraud liability: You can get an emergency replacement and cash advance if your card is lost or stolen.
- Extended warranty: Get free additional warranty and protection on selected items purchased with your card
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing).
- Free employee cards and spend limits: Track employee spending while earning all rewards from their purchases and set customized spending limits for each card.
- Earn a one-time $750 cash bonus once you spend $7,500 on purchases within the first 3 months from account opening
- Get 2% cash back on all business-related purchases without limits or category restrictions.
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Pros
- With welcome offer
- Offers unlimited 2% cash back on all purchases
Cons
- Charges annual fee
- Requires excellent credit to qualify
- Payment flexibility: Pick your preferred monthly due date to control when to pay your credit card bill.
- $0 fraud liability: You can get an emergency replacement and cash advance if your card is lost or stolen.
- Extended warranty: Get free additional warranty and protection on selected items purchased with your card
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing).
- Free employee cards and spend limits: Track employee spending while earning all rewards from their purchases and set customized spending limits for each card.
Why We Like It
If you have excellent credit and prefer to pay your balances in full each month, then you are likely to be instantly approved for card_name. While there is a high spending requirement to earn the welcome offer, it has no preset spending limit, which is useful if you have significant business expenses. Also, you can earn up to 5% cash back on selected spending categories. These are why it’s one of our best high-limit business cards.
Ongoing Rewards
- 5% cash back on hotels and rental cars booked through Capital One Travel
- 2% cash back on all purchases
- $2,000 cash back after spending $30,000 within the first three months from the date of account opening
- bonus_miles_full
- No preset spending limit, so it can adapt to your needs based on your spending behavior, payment history, credit profile, and other factors
- Refund for the $150 annual fee when you spend $150,000 annually
card_name: Best for Travel With a High Credit Limit
card_name
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
- $0 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 welcome offer
- 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
- $0 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 welcome offer
- 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
With the card_name from Chase, you can enjoy earning generous rewards that are worth 25% more when redeemed for travel. It is also one of our leading business credit cards with no foreign transaction fees, so it’s a good choice for those who travel outside the country frequently. What’s more, because of its high spending requirement for its welcome offer, you can likely get a high credit limit, making it practical for those who have significant monthly expenses.
Ongoing Rewards
- 5× points per dollar on Lyft rides through March 2025
- 3× points per dollar on the first $150,000 spent in combined purchases in the following categories each account anniversary year:
- Shipping purchases
- Advertising purchases made with social media sites and search engines
- Internet, cable, and phone services
- Travel
- 1× point per dollar when the cap is met and on all other purchases
- Low annual fee
- bonus_miles_full
- Flexible rewards redemption options, including cash back, gift cards, travel experiences, and more through Chase Ultimate Rewards
card_name: Best for Simple Rewards Structure & Lucrative Welcome Offer
Ink Business Unlimited® Credit Card
BEST FOR:
Those who want fixed-rate 1.5% cash back on all purchases
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- 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.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- 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.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
Why We Like It
For a business credit with $0 annual fees, the card_name offers valuable perks like up to 5% cash back, a generous welcome offer, a 0% APR period, and flexible redemption options. Plus, its easy rewards structure means you don’t have to keep track of spending categories to maximize your rewards earning potential. Because of its simplicity, it is our top-chosen business credit card for the self-employed.
Ongoing Rewards
- 5% cash back on Lyft rides through March 2025
- 1.5% cash back on all other purchases
- intro_apr_rate,intro_apr_duration
- bonus_miles_full
- Up to 200,000 points as referral bonus per year—20,000 bonus points for each business that gets approved for any Chase Ink® Credit Card
Capital On Tap Business Credit Card: Best for Instant Virtual Cards & Weekly AutoPay
Capital On Tap Business Credit Card Visa
BEST FOR:
Those who want fixed-rate cash back rewards
- Unlimited 1.5% cash back on all purchases
- Boost cash back to 2% by switching to weekly AutoPay
Pros
- No annual, foreign transaction, and cash advance fees
- Low starting APR
- High credit limit available
Cons
- Balance transfers aren’t allowed
- Sole proprietors and nonprofit organizations are not eligible
- Unlimited, free cards for employees
- Instant, virtual card is available right after approval
- Credit limits up to $50,000
- Uncapped 1.5% cash back on every purchase
- Unlimited 1.5% cash back on all purchases
- Boost cash back to 2% by switching to weekly AutoPay
Pros
- No annual, foreign transaction, and cash advance fees
- Low starting APR
- High credit limit available
Cons
- Balance transfers aren’t allowed
- Sole proprietors and nonprofit organizations are not eligible
- Unlimited, free cards for employees
- Instant, virtual card is available right after approval
- Credit limits up to $50,000
- Uncapped 1.5% cash back on every purchase
Why We Like It
With Capital On Tap Business Credit Card, you can get a decision within 24 hours of applying, and once approved, you’ll get your virtual cards instantly. Your physical cards will arrive within four days after approval. The card offers fixed-rate cash back, which is boosted to a higher rate if you choose to pay your balance weekly through AutoPay. It is chosen as one of the top business credit cards for fair credit because business owners with fair credit scores may still qualify.
Ongoing Rewards
- 1.5% cash back on every purchase, boosted to 2% cash back if you choose weekly AutoPay
- Up to $50,000 credit limits
- Accounting software integration to automatically sync your transactions
- $0 annual or maintenance fees
Valley Visa® Secured Business Credit Card: Best Secured Business Credit Card With a Straightforward Prequalification Process
Valley Visa® Secured Business Credit Card
BEST FOR:
Those who need a secured business credit card with fixed-rate cash back rewards
- 1% unlimited cash back on all purchases
- 110% percent of your approved credit limit
- $1,000 to $25,000, based on customer request
Pros
- Applicants with poor or limited credit history can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
- Report to major credit bureaus
Cons
- Credit limits are capped to $25,000
- Requires refundable security deposit of 110% credit limit
- Up to 25 free employee cards only
- Charges foreign transaction fee
- Online account access: Manage your account conveniently through online access.
- Fraud protection alerts: Immediate alerts for suspected fraudulent transactions.
- Visa purchase alerts: Receive near real-time notifications via email or text message for transactions made with your enrolled Visa card.
- Report to major credit bureaus: The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use.
- 1% unlimited cash back on all purchases
- 110% percent of your approved credit limit
- $1,000 to $25,000, based on customer request
Pros
- Applicants with poor or limited credit history can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
- Report to major credit bureaus
Cons
- Credit limits are capped to $25,000
- Requires refundable security deposit of 110% credit limit
- Up to 25 free employee cards only
- Charges foreign transaction fee
- Online account access: Manage your account conveniently through online access.
- Fraud protection alerts: Immediate alerts for suspected fraudulent transactions.
- Visa purchase alerts: Receive near real-time notifications via email or text message for transactions made with your enrolled Visa card.
- Report to major credit bureaus: The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use.
Why We Like It
Those with poor and limited credit histories may have a high chance of being instantly approved for Valley Visa® Secured Business Credit Card, and you can enjoy credit limits of up to $25,000. To qualify, you need to make a security deposit equivalent to 110% of your desired credit limit. Aside from helping you build your credit history, you can also earn fixed-rate cash back rewards and enjoy a 0% introductory period on purchases. These are why it tops our list of the best secured business cards.
Ongoing Rewards
- 1% cash back on all purchases
- 0% APR on purchases for the first six billing cycles
- $0 annual fee
- Up to 25 employee cards under one account at no additional cost
How We Selected Business Credit Cards With Instant Approval
When choosing the best instant approval business credit cards, we take into account the application process, whether online application or prequalification is available, and the requirements, fees, rewards, and features. We also included charge cards and a fuel credit card on the list, as these options may still be helpful for your business, depending on your needs and expenses.
Frequently Asked Questions (FAQs)
Generally, no issuer will approve your credit card application instantly without performing a standard verification process. Some applicants may be approved as fast as a few seconds to a few minutes while others may take a few days to a few weeks to receive feedback.
The length of the application and approval process for business credit cards varies from one card issuer to another. While most card issuers won’t deliberately declare that they offer instant approval, some of them include the fastest possible approval timeframe on their websites.
You need to meet the card issuer’s qualification requirements and apply online to get approved for a business credit card faster. Make sure you know your credit score and the issuer’s credit requirements to determine whether you qualify for your chosen card. Also, prepare the necessary documents and financial information, including:
- Business name, address, and business type
- Your role/position in the business
- Tax identification number (TIN), Social Security number, or employer identification number (EIN)
- Years in operation
- Number of employees
- Annual business revenue
- Estimated monthly expenses
Generally, instant approval refers to a fast application and approval process. When you apply for a credit card online, instant approval means you will typically receive a decision within a few minutes. Some card issuers will provide you with a virtual card number that you can use immediately while you wait for the arrival of the physical card.
A pre-approved credit card application is sent to you when your credit score and profile meet specific criteria set by the card issuer. An issuer may purchase a list of eligible individuals from a credit bureau so that it can send pre-approved offers to those who meet the credit requirements. However, being pre-approved does not guarantee approval—it means that the card issuer sees you as fitting the qualification profile that they predefined.
Being pre-qualified means that you can check with the issuer by providing basic financial information to determine what kind of offer you can receive based on the information provided. You can either call or answer a survey online to determine whether you are pre-qualified for the card. A general idea of how likely you are to be appr
Bottom Line
The best instant approval business credit cards offer an easy application process and fast decisions, usually within a few minutes to a few hours. This is as close to instant approval as you will find when shopping for any form of business financing. Before applying for an instant approval business credit card, be sure that your personal credit score aligns with the card’s requirements. Also, consider other factors like rewards, fees, APRs, payment frequency, and features to decide which is the best fit for your company.
