The best instant approval business credit cards should offer a decision within no more than a few minutes, requiring little to no supporting documentation. Additional factors that the best cards should have will vary depending on your specific qualifications and needs. That can include a combination of valuable welcome bonuses, strong rewards-earning capabilities, low APRs, purchase protections, and built-in extended warranties.
If you’re looking for fast, easy credit cards to get, I researched small business cards from different credit card issuers and compiled the following list of the six best instant approval business credit cards:
- The Blue Business® Plus Credit Card from American Express: Best overall for simple fixed-rate points rewards
- The American Express Blue Business Cash™ Card: Best for simple cash rewards
- Coast Fuel Card: Best for fuel expenses and businesses with fleets
- The American Express Business Platinum Card®: Best for premium travel perks
- Capital One Spark Cash Plus: Best for introductory offer and ongoing rewards
- Capital On Tap Business Credit Card: Best for instant virtual cards and weekly AutoPay
Overview of the best instant approval business credit cards
Annual fee | Ongoing rewards | Credit needed | ||
|---|---|---|---|---|
 The Blue Business® Plus Credit Card from American Express | $0 | Up to 2× points per dollar | Good to Excellent | |
 The American Express Blue Business CashTM Card | $0 | Up to 2% cash back | Good to Excellent | |
 Coast Fuel Card | None; pay $4 per active card, per month | Up to 10 cents per gallon on gas and 1% cash back for other purchases | Good to Excellent | |
 The American Express Business Platinum Card® | $695 | Up to 5x points per dollar | Good to Excellent | |
 Capital One Spark Cash Plus | $150 | Up to 5% cash back | Excellent | |
 Capital on Tap Business Credit Card | $0 | Up to 2% cash back | Fair, Average |
The Blue Business® Plus Credit Card from American Express: Best overall for simple fixed-rate points rewards
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, 17.49% - 27.49%, 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
- 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.
(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.)
- 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, 17.49% - 27.49%, 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
- 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.
(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.)
Why I like it
The Blue Business® Plus Credit Card from American Express is my best overall pick because it offers great rewards and structure without having to jump through hoops. You earn 2x points on everyday business purchases, up to $50,000 per year, with no need to track specific spending categories. After that, you’ll still earn 1x points per dollar. Redemption options include gift cards, statement credits, travel rewards, shopping with points, and paying with points at checkout.
Other notable features of this credit card include Expanded Buying Power, which means that 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 American Express, and other factors. Terms apply.
Ongoing rewards
- 2x points per dollar on the first $50,000 worth of purchases per year, then 1x 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 annual fee
- 0% APR on purchases for the first 12 months after opening an account
- Extended warranty: Extends the original manufacturer’s warranty by up to an additional year. Applies to warranties of 5 years or less on Covered Purchases in the United States or its territories or possessions
- Purchase protection: Protects a Covered Purchase for up to 90 days from the purchase date against theft or accidental damage when the Card is used to purchase the item. Coverage is limited to $1,000 per Covered Purchase, up to $50,000 per Card Member account, per calendar year. Certain exclusions and restrictions apply.
The American Express Blue Business CashTM Card: Best for simple cash rewards
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, 17.49% – 27.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- 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, 17.49% – 27.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- 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 I like it
The American Express Blue Business CashTM Card is my recommendation if you’re looking for a simple cash back card. You’ll earn 2% cash back on your first $50,000 in purchases each year, and 1% after that, so no bonus categories or complicated rules to remember. In other words, there are no special categories you need to track to earn a specific tier of cash back. The cash back you earn is also easily used, as it will automatically be credited to your statement balance, which is why it earned a spot in our roundup of the top cash back business credit cards.
One feature I really like, and something American Express does well, is the ability to check if you’re likely to be approved before you apply, without affecting your credit score. You’ll see this option when browsing cards on the American Express website. This is a fantastic option, as you’ll be able to apply risk-free, only having a potential impact on your score if you are approved and decide to accept the offer.
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 and businesses with fleets
Coast Fuel Card
BEST FOR:
Businesses with small to large fleets
- Up to 10 cents off on every gallon on your statement
- 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
- Up to 10 cents off on every gallon on your statement
- 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 I like it
The Coast Fuel Card, one of our leading business fuel cards, lets you have better control over fuel and fleet spending. You can earn up to 10 cents per gallon on gas purchases and unlimited 1% cash back on all other expenses. Unlike traditional gas cards tied to one brand, Coast works at any gas station that accepts Visa, giving you and your team a lot more flexibility.
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
- Up 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 American Express Business Platinum Card®: Best for premium travel perks
The Business Platinum Card® from American Express
BEST FOR:
Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 10/2024.
- Unlock over $2,000 in statement credits with business and travel benefits annually* on the Business Platinum Card. Terms apply. Learn more. *After meeting qualifying spend thresholds
- New! Enroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.
- New! Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.
- Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.
- Make the Business Platinum Card® work even harder for you. Hilton For Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Benefit enrollment required.
- 5X points on flights and prepaid hotels booked on AmexTravel.com
- 1.5X points (that’s an extra half point per dollar) on purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- 1X points on other eligible purchases
- Use the Business Platinum Card® and get up to $209 back per calendar year on your CLEAR® Plus Membership (subject to auto-renewal).
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Complimentary access to more than 1,400 airport lounges worldwide
- $0 foreign transaction fee
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,400 lounges worldwide for you and two guests. Enrollment required.
- Airport screening: Either a $120 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 1,000,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
(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.)
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 10/2024.
- Unlock over $2,000 in statement credits with business and travel benefits annually* on the Business Platinum Card. Terms apply. Learn more. *After meeting qualifying spend thresholds
- New! Enroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.
- New! Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.
- Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.
- Make the Business Platinum Card® work even harder for you. Hilton For Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Benefit enrollment required.
- 5X points on flights and prepaid hotels booked on AmexTravel.com
- 1.5X points (that’s an extra half point per dollar) on purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- 1X points on other eligible purchases
- Use the Business Platinum Card® and get up to $209 back per calendar year on your CLEAR® Plus Membership (subject to auto-renewal).
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Complimentary access to more than 1,400 airport lounges worldwide
- $0 foreign transaction fee
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,400 lounges worldwide for you and two guests. Enrollment required.
- Airport screening: Either a $120 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 1,000,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
(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.)
Why I like it
The American Express Business Platinum Card®, one of our best small business credit cards, is my recommendation if you’re seeking premium travel perks. It offers airport lounge access, an annual airline fee credit for baggage or incidental fees, and complimentary elite status at select hotel brands, such as automatic Marriott Bonvoy® Gold Elite Status and Hilton Honors™ Gold Status.
Those benefits, combined with its ongoing rewards and other benefits listed below, can help you quickly recoup the value of the Card’s annual fee.
Ongoing rewards
- 5x Membership Rewards® points on flights and prepaid hotels booked on amextravel.com
- 1.5x Membership Rewards® points on eligible purchases in key business categories, and eligible purchases of $5,000 or more
- 1x Membership Rewards® points on all other eligible purchases
- 150,000 Membership Rewards® points after spending $20,000 in qualifying purchases within the first three months from the date of account opening
- Over $1,000 in statement credit on select purchases, including tech, recruiting platforms, and wireless, in the first year of membership with the Business Platinum Card®. Enrollment required.
Capital One Spark Cash Plus: Best for introductory offer and ongoing rewards
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BEST FOR:
Businesses that want simple yet generous cash back
- Earn $4,000+ in bonuses: $2K when you spend $30K in the first 3 months and $2K for every $500K spent in the first year.
- 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 $4,000+ in bonuses: $2K when you spend $30K in the first 3 months and $2K for every $500K spent in the first year.
- 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 I 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 Capital One Spark Cash Plus. 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. Those are why it’s one of our leading 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 once you spend $30,000 in the first 3 months. Earn an additional $2,000 cash bonus for every $500,000 spent during the first year
- 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
Capital on Tap Business Credit Card: Best for instant virtual cards and 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 I 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.
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
How I chose the best business credit cards with instant approval
My methodology in choosing the best small business credit cards with instant approval revolved around providers that keep the application process simple, requiring minimal documentation and time to process and approve your application. Specifically, I chose cards based on their welcome offers and ongoing rewards, rates and fees, features and protections, qualification requirements, and ability to process applications quickly.
Those considerations were made with a wide variety of small business owners in mind, knowing that they might want to take advantage of cash back and flexible spending abilities. Essentially, the best instant approval business credit cards can cater to businesses of various sizes and industries that plan to use their cards as quickly as possible.
How to choose the best business credit card with instant approval
Deciding which business credit card to choose can sometimes be overwhelming. There are a variety of factors that can influence your decision, although there are a few key considerations you should keep in mind when shopping around. Here’s what I want you to consider:
Determine the importance of rates, fees, and rewards.
It’s easy to get distracted by welcome bonuses and rewards, but long-term value matters more. Before applying, evaluate the following:
- Annual fees: A high fee can be worth it if the perks and credits offset the cost, but not if you won’t use them.
- Foreign transaction fees: Avoid these if your business involves international purchases or travel.
- Interest rates: If you plan to carry a balance, look for a card with a low APR or a 0% intro offer.
Also consider whether the card gives you tools like employee cards, spending controls, accounting integrations, or detailed reporting, all of which can help as your business grows.
Match your spending habits with card features.
Start by thinking about how you plan to utilize the card and which spending categories you might spend in most often. Points are often allocated for various categories, such as rewards on travel, gas, office supplies, advertising, or general purchases. Ask yourself the following about your spending habits:
- Do you travel often and want perks like lounge access or hotel upgrades?
- Are you looking to earn cash back or points that can be reinvested into the business?
- Do you have large recurring expenses that could earn bonus points?
The best card is the one that turns your regular spending into the most value from rewards and allows you to keep spending and operating as normal.
Ensure you understand the approval requirements.
Approval requirements will vary depending on the card provider. However, it’s common that the approval decision will be based on factors such as the following:
- Business structure
- Annual revenue
- Number of employees
- Overall creditworthiness
Try to determine which cards you’re eligible for to maximize your chances of success.
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 won’t deliberately declare that they offer instant approval, some include the fastest possible approval timeframe on their websites.
Having a strong credit and financial profile far in excess of a lender’s minimum requirements will help ensure quick, automated approvals. Applications that have borderline credit and finances are generally outside a system’s threshold for allowing automated approvals, which is when they are typically referred to a physical team member for further evaluation.
Instant approval generally refers to a fast application and approval process. When you apply for a credit card online, you 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 it has 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.
Bottom line
If you’re in the market for a business credit card with easy approval, there are a few options available. The best picks will offer simple application requirements that have a quick decision timeline, usually within a few minutes to a few hours, as 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.
