5 Best Instant Approval Business Credit Card for 2023

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

Intro APR

0% on purchases

Regular APR

18.24% - 26.24% Variable

Annual Fee

No annual fee

Credit Needed

Good, Excellent

Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

Pros

0% intro APR
Welcome bonus
Fixed rate rewards
No 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.

See Rates
& Fees

Intro APR

0% on purchases

Regular APR

18.24% - 26.24% Variable

Annual Fee

No annual fee

Credit Needed

Good, Excellent

Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

Pros

0% intro APR
Welcome bonus
Fixed rate rewards
No 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.

See Rates & Fees

Why we like it: The American Express Blue Business Cash^TM Card is our best overall instant approval business credit card because it has one of the most straightforward cash back rewards with no annual fee. You can earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then earn 1% cash back thereafter. This will be credited to your billing statement automatically. In addition, you can receive a $250 statement credit when you spend $3,000 within the first three months of card membership.

Enjoy interest-free financing on purchases for the first 12 months. It’s a great option if you make frequent purchases at Amazon, making it one of our best business credit cards for Amazon purchases. Note that you’ll need a good to excellent credit score for American Express to approve your application, but once done, you can start using the card immediately because nearly all American Express business cards offer instant card numbers.

Shell Small Business Card: Best for Fuel Expenses & Businesses With Fleets

Shell Small Business Card

BEST FOR:

Larger businesses

on Shell Small Business Card's secure website.

Intro APR

N/A

Regular APR

rates not disclosed—call (855) 398-9165 for the rates

Annual Fee

None

Credit Needed

Good

Earn rebates of up to 5 cents per gallon

Pros

Zero card fees
Discounts at Jiffy Lube locations

Cons

Businesses need to earn at least $1 million annually to qualify
Total savings capped at $300 per billing cycle

Online and mobile account management
Cancel stolen or lost cards in real time online
24/7 customer service available
Payment flexibility―revolve your balance or pay in full each billing cycle

Intro APR

N/A

Regular APR

rates not disclosed—call (855) 398-9165 for the rates

Annual Fee

None

Credit Needed

Good

Earn rebates of up to 5 cents per gallon

Pros

Zero card fees
Discounts at Jiffy Lube locations

Cons

Businesses need to earn at least $1 million annually to qualify
Total savings capped at $300 per billing cycle

Online and mobile account management
Cancel stolen or lost cards in real time online
24/7 customer service available
Payment flexibility―revolve your balance or pay in full each billing cycle

Why we like it: If your business has significant fuel expenses, or if you own a fleet, you may want to consider the Shell Small Business Card. It has no setup, monthly, and annual fees and is accepted at more than 13,000 Shell stations across the United States. You can earn rebates of up to five cents per gallon at Shell stations and get discounts at participating Jiffy Lube locations. However, you can only use it at Shell stations, as it isn’t affiliated with either Visa or Mastercard.

This card doesn’t require a personal guarantee, making it one of the best business cards with no personal guarantee. Plus, it allows you to carry a balance each month with interest. Depending on your credit score and the document presented, you may receive conditional approval and an immediate decision on your application.

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

Capital One® Spark® Classic for Business

BEST FOR:

Those with fair credit

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

Intro APR

N/A

Regular APR

29.99% (Variable)

Annual Fee

Credit Needed

Fair

1% cash back every time you swipe
Build your business credit through responsible usage
Issue employee cards for free

Pros

Opportunity to build business credit
Only requires fair credit to qualify
Doesn’t charge annual and balance transfer fees

Cons

Charges high ongoing APR
Has no 0% introductory APR
No sign-up bonus

Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
$0 fraud liability: if your card is either lost or stolen, you can get an emergency replacement and cash advance.
Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.

Intro APR

N/A

Regular APR

29.99% (Variable)

Annual Fee

Credit Needed

Fair

1% cash back every time you swipe
Build your business credit through responsible usage
Issue employee cards for free

Pros

Opportunity to build business credit
Only requires fair credit to qualify
Doesn’t charge annual and balance transfer fees

Cons

Charges high ongoing APR
Has no 0% introductory APR
No sign-up bonus

Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
$0 fraud liability: if your card is either lost or stolen, you can get an emergency replacement and cash advance.
Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.

Why we like it: If you have fair credit, Capital One® Spark® Classic for Business can help you finance your small business while you earn rewards and grow your credit score (if you use it responsibly). You’ll receive an unlimited 1% cash back on all purchases and 5% cash back on hotels and car rentals booked through Capital One Travel. The card doesn’t have an annual fee, helping you reduce your overall credit cost. However, its APR is quite high at 29.74%, so it’s best to plan your budget and pay your balance in full each month.

According to Capital One’s website, you’ll often get a response within 60 seconds if you apply by phone or online. However, a credit check is required to determine approval—though the good news is, you only need a fair credit score to be approved. The card is our best business credit card for fair credit and one of our leading business cards for startups.

First National Bank of Omaha Business Edition® Secured® Visa Card: Best Secured Card With Fast Prequalification Process

First National Bank of Omaha Business Edition® Secured Mastercard® Card

BEST FOR:

Secured credit lines of as much as $100,000

On First National Bank of Omaha's Secure Website

Intro APR

None

Regular APR

25.49% Variable

Annual Fee

$39

Credit Needed

Very Poor to Good

While FNBO does not offer any rewards for their new and existing cardholders for this card, you can still earn rewards through Mastercard Easy Savings®, where cardholders are able to save on purchases with automatic rebates from over 40,000 participating merchant locations available.

Pros

Available for those with very poor to good scores
Can set credit limits between $2,000 and $100,000
Offers free management reports

Cons

With annual fee
Charges foreign transaction fee
No introductory and ongoing rewards
Requires a security deposit of 110% of the credit limit required

TurboTax discount: Get a discount of up to $20 on TurboTax federal products when using First National Bank of Omaha Business Edition® Secured Mastercard®.
QuickBooks Online or QuickBooks Self-Employed discount: Receive either a 30% off of a 12-month subscription on QuickBooks Online (Simple Start, Essentials, Plus, or Advanced) or a 30% off of a 12-month subscription on QuickBooks Self-Employed. This is applicable only to new QuickBooks Online customers.
Free management reports: First National Bank of Omaha provides free management reports to help track expenses, monitor spending, note tax deductions, prepare tax filings, and predict costs easily.
Zero liability: FNBO guarantees that you won’t be held responsible for any fraudulent charges made with both your card and account information.

Intro APR

None

Regular APR

25.49% Variable

Annual Fee

$39

Credit Needed

Very Poor to Good

While FNBO does not offer any rewards for their new and existing cardholders for this card, you can still earn rewards through Mastercard Easy Savings®, where cardholders are able to save on purchases with automatic rebates from over 40,000 participating merchant locations available.

Pros

Available for those with very poor to good scores
Can set credit limits between $2,000 and $100,000
Offers free management reports

Cons

With annual fee
Charges foreign transaction fee
No introductory and ongoing rewards
Requires a security deposit of 110% of the credit limit required

TurboTax discount: Get a discount of up to $20 on TurboTax federal products when using First National Bank of Omaha Business Edition® Secured Mastercard®.
QuickBooks Online or QuickBooks Self-Employed discount: Receive either a 30% off of a 12-month subscription on QuickBooks Online (Simple Start, Essentials, Plus, or Advanced) or a 30% off of a 12-month subscription on QuickBooks Self-Employed. This is applicable only to new QuickBooks Online customers.
Free management reports: First National Bank of Omaha provides free management reports to help track expenses, monitor spending, note tax deductions, prepare tax filings, and predict costs easily.
Zero liability: FNBO guarantees that you won’t be held responsible for any fraudulent charges made with both your card and account information.

Why we like it: The First National Bank of Omaha Business Edition® Secured® Visa Card is a secured credit card that allows you to pre-qualify online. If you have bad credit, you can check if you can pre-qualify in as quick as one minute. It’s one of our top-recommended bad credit business credit cards because it comes with a low annual fee of $39 and offers a high credit limit option.

Once qualified, you can request a credit limit of $2,000 to $100,000, in multiples of $50. Since this is a secured credit card, you need to make a security deposit of 110% of the amount of your credit limit, subject to approval. You’ll also earn interest on your security deposit, so it’s a great way to save your extra business funds. However, it doesn’t offer a sign-up bonus or ongoing rewards on your purchases, unlike the other cards on our list.

Capital One® Spark® Cash Plus: Best Charge Card With Generous Introductory & Annual Cash Bonuses

Capital One® Spark® Cash Plus Card

BEST FOR:

Businesses that want purchasing power and can pay their balances in full every month

On Capital One's Secure Website

Intro APR

None, as all charges that will be made on this account are due and payable in full after receiving your periodic statement.

Regular APR

None, as all charges that will be made on this account are due and payable in full after receiving your periodic statement.

Annual Fee

$150

Credit Needed

Excellent

Earn up to $1,000 in the first six months after opening an account—$500 after you spend $5,000 in the first three months and $500 after you spend $50,000 in the first six months.
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.
You can earn a $200 cash bonus each year after spending a minimum of $200,000 in net purchases by your rewards membership anniversary.

Pros

Does not have preset spending limits
With introductory bonus
Offers unlimited 2% cash back on all purchases

Cons

Charges annual fee
Requires you to pay in full each month
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.

Intro APR

None, as all charges that will be made on this account are due and payable in full after receiving your periodic statement.

Regular APR

None, as all charges that will be made on this account are due and payable in full after receiving your periodic statement.

Annual Fee

$150

Credit Needed

Excellent

Earn up to $1,000 in the first six months after opening an account—$500 after you spend $5,000 in the first three months and $500 after you spend $50,000 in the first six months.
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.
You can earn a $200 cash bonus each year after spending a minimum of $200,000 in net purchases by your rewards membership anniversary.

Pros

Does not have preset spending limits
With introductory bonus
Offers unlimited 2% cash back on all purchases

Cons

Charges annual fee
Requires you to pay in full each month
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.