Editor’s note: This is a recurring post with regularly updated card details.
The best business credit cards address your business’ specific needs, provide low-cost financing, and offer rewards on recurring business expenses. Choose from a variety of reward options, including cash back, travel, or points rewards, where your business benefits the most. When choosing the right card for you, consider other factors like fees and additional features.
Here are the 13 best small business credit cards:
- Chase Ink Business Unlimited®: Best overall small business credit card with a lucrative bonus and simple rewards program
- U.S Bank Business Triple Cash Rewards World Elite Mastercard®: Best for earning up to 5% cash back with 15-month 0% annual percentage rate (APR)
- Chase Ink Business Cash®: Best for earning premium rewards on office supplies, internet, cable, and phone
- Bank of America Business Advantage Customized Cash Rewards: Best for earning cash back in your chosen category
- American Express Business Platinum Card®: Best for high credit limits and premium travel perks
- American Express Blue Business CashTM: Best for earning cash back with expanded buying power
- Bank of America Business Advantage Travel Rewards World Mastercard®: Best for earning travel rewards
- Coast Fuel Card: Best for businesses with fleets without personal guarantee
- Amazon Business Prime American Express Card: Best for frequent Amazon purchases
- Capital On Tap Business Credit Card Visa: Best for credit limits up to $50,000
- The Plum Card® from American Express: Best charge card with early pay discount or extended payment period
- First National Bank of Omaha Business Edition® Secured Mastercard®: Best secured business credit card with high credit limit option
- Emburse Spend Card: Best prepaid card with unlimited cash back
Best Small Business Credit Cards at a Glance
Best For | Annual Fee | Welcome Offer | Ongoing Rewards | |
|---|---|---|---|---|
 Chase Ink Business Unlimited® | Overall best small business credit card with a lucrative bonus and simple rewards program | $0 | $900 after spending $6,000 in the first 3 months | 1.5% cash back |
Credit Needed: Good to Excellent | ||||
 U.S Bank Business Triple Cash Rewards World Elite Mastercard® | Earning up to 5% cash back with 15-month 0% APR | $0 | $500 bonus cash back after spending $4,500 in the first 150 days | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 Chase Ink Business Cash® | Earning premium rewards on office supplies, internet, cable, and phone | $0 | $900 bonus cash back after $6,000 in the first 3 months | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 Bank of America Business Advantage Customized Cash Rewards | Earning cash back on your chosen category | $0 | $300 statement credit after spending $3,000 in the first 90 days | Up to 3% cash back |
Credit Needed: Excellent | ||||
 American Express Business Platinum Card® | High credit limits and premium travel perks | $695 | 120,000 bonus points after spending $15,000 in the first 3 months | Up to 5x points |
Credit Needed: Good to Excellent | ||||
 American Express Blue Business CashTM | Earning cash back with expanded buying power | $0 | $250 statement credit when you spend $3,000 within 90 days | Up to 2% cash back |
Credit Needed: Good to Excellent | ||||
 Bank of America Business Advantage Travel Rewards Mastercard® | Earning travel rewards | $0 | 30,000 bonus points after spending at least $3,000 in the first 90 days | Up to 3x points per dollar |
Credit Needed: Excellent | ||||
 Coast Fuel Card | Business with fleets without personal guarantee | None, only $4 per active card per month | None | Up to 6 cents off per gallon on fuel and 1% cash back on all other purchases |
Credit Needed: Good to Excellent | ||||
 Amazon Business Prime American Express Card | Frequent Amazon purchases | $0 | $125 Amazon.com gift card upon approval | Up to 5% cash back |
Credit Needed: Good to Excellent | ||||
 Capital On Tap Business Credit Card Visa | Credit limits up to $50,000 | $0 | $200 back after spending $15,000 in the first 3 months | 1.5% cash back |
Credit Needed: Fair, Average | ||||
| Charge card with early pay discount or extended payment period | $250 | None | Unlimited 1.5% early pay discount |
Credit Needed: Good to Excellent | ||||
 First National Bank of Omaha Business Edition® Secured Mastercard® | Secured business credit card with high credit limit option | $39 | None | None |
Credit Needed: Poor | ||||
 Emburse Spend Card | Business prepaid card with unlimited cash back | $0 | None | 1% cash back |
Credit Needed: No credit requirement | ||||
Chase Ink Business Unlimited®: Best Overall Small Business Credit Card With a Lucrative Bonus & Simple Rewards Program
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: The Chase Ink Business Unlimited® card is our top choice for the best overall small business credit card because it offers a straightforward rewards structure and a generous sign-up bonus. You’ll earn cash back at a fixed rate of 1.5% for every dollar spent on any business purchase, and there are no limits to the amount of cash back you can earn. Plus, you’ll receive $900 cash back when you spend $6,000 in the first three months of card ownership.
Here are other reasons why this is our top small business credit card:
- No annual fee
- 0% introductory APR for 12 months
- Redeem rewards as a statement credit or toward gift cards, travel, or merchandise
- Additional benefits like purchase protection, extended warranty protection, and auto rental collision damage waiver
The Chase Ink Business Unlimited® card also tops our list of the best business credit cards for sole proprietors because of its simple rewards program.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best for Earning Up to 5% Cash Back With 15-month 0% APR
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 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
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 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
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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.
Why we like it: If your business prefers generous rewards on purchases across different categories and a long 0% APR period, you will find the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® valuable. It offers interest-free financing on both purchases and balance transfer transactions for 15 months from opening an account and lets you earn unlimited rewards, including:
- 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center
- 3% cash back at eligible gas stations, restaurants, mobile phone service providers, and office supply stores
- 1% cash back on all other purchases
You will also benefit from the following:
- $500 bonus cash back after spending $4,500 in the first 150 days of card ownership
- No annual fee
- $100 annual statement credit for recurring software subscription expenses, such as for QuickBooks and FreshBooks
- ExtendPay® Plan, a feature that allows you to pay your eligible balance over time without interest—you only pay a small monthly fee
The significant value the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® provides to your business made it our leading no-annual-fee business credit card. It is also one of our picks for the best balance transfer business credit cards and top 0% APR business credit cards.
Chase Ink Business Cash®: Best for Earning Premium Rewards on Office Supplies, Internet, Cable & Phone
Ink Business Cash® Credit Card
BEST FOR:
Office-based businesses that want top cash back rewards
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other 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.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other 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.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
Why we like it: If your recurring expenses include office supplies, internet, cable, and phone, you can earn 5% cash back on all these items up to $25,000 for each account anniversary year with the Chase Ink Business Cash® card. Plus, it lets you get 2% cash back on the first $25,000 spent at gas stations and restaurants and 1% cash back on all other purchases. You can redeem your rewards for cash back, gift cards, travel, and merchandise.
You’ll also enjoy the following benefits:
- $900 cash back when you spend at least $6,000 in the first three months of card ownership
- 0% introductory APR on purchases for the first 12 months
- Additional benefits, such as extended warranty, purchase protection, and auto rental collision damage waiver
The Chase Ink Business Cash® card is our leading business credit card for startups and top-recommended limited liability company (LLC) credit card because of its lucrative rewards and benefits.
Bank of America Business Advantage Customized Cash Rewards: Best for Earning Cash Back in Your Chosen Category
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
BEST FOR:
Those who want to earn 3% cash back in a spending category of their choice
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 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- 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. Cash rewards don’t expire.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 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
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- 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.
- 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.
- 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.
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 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- 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. Cash rewards don’t expire.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 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
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- 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.
- 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.
- 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.
Why we like it: The Bank of America Business Advantage Customized Cash Rewards card is an excellent option for businesses with significant expenses in certain spending categories. These include gas stations & EV charging stations (default), office supplies, travel, telecommunication, computer, and business consulting services. You can earn 3% cash back on your chosen category and 2% cash back on dining on the first $50,000 combined purchases each calendar year. When the cap is met, you’ll earn 1% cash back on all purchases, regardless of the categories.
Additionally, you can benefit from the following:
- 75% more points if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business
- $300 statement credit when you spend at least $3,000 in purchases in the first 90 days of card ownership
- 0% APR purchases for the first nine billing cycles
- No annual fee
Bank of America does not report your transactions to personal credit bureaus. As one of our best business credit cards that don’t report to personal credit, the Bank of America Business Advantage Customized Cash Rewards card is also a great option if you don’t want your business transactions to affect your personal credit score.
American Express Business Platinum Card®: Best for High Credit Limits & 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 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- 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 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
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 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 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.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
- Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- 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 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
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 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 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.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
Why we like it: The American Express Business Platinum Card® has a welcome offer of 120,000 points after spending $15,000 in the first three months. Plus, you’ll receive premium travel perks, including 5x points per dollar on flights and prepaid hotels booked with Amex Travel, gain access to over 1,400 international airport lounges, and an annual airline credit of up to $200 for baggage fees. These perks make it best for business owners who often go on business trips and need a high credit limit.
While it has the highest annual fee on this list at $695 per year, it’s well worth it if you travel frequently and maximize its many benefits:
- 1.5x points at construction suppliers, electronic retailers, and software providers on up to $2 million of eligible purchases per calendar year and 1x points on all other purchases
- Use your points to book a flight with Amex Travel and get 35% points back, up to 1 million per calendar year
- More than $1,000 in statement credit for select providers like Dell Technologies, Indeed, Adobe Creative Solutions, and United States wireless providers
- Up to $100 credit for Global Entry every four years or $85 credit for TSA PreCheck® every 4.5 years
The American Express Business Platinum Card® is also named our best business credit card with airport lounge access and one of our leading high-limit business credit cards because of its premium travel perks.
American Express Blue Business CashTM: Best for Earning Cash Back With 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, 18.49% - 26.49%, 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.
- 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% intro APR
- Welcome bonus
- 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.
- 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, 18.49% - 26.49%, 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.
- 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% intro APR
- Welcome bonus
- 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.
Why we like it: If you want to earn cash back rewards and enjoy flexible credit limits, the American Express Blue Business CashTM Card is an excellent option. It offers 2% cash back on all eligible purchases up to $50,000 each calendar year, then 1% cash back thereafter. You can automatically earn cash back as a statement credit, providing automatic savings without the need to redeem. Plus, it features expanded buying power, allowing you to spend over your credit limit based on your card usage, payment behavior, credit score, and financial resources.
In addition, you can take advantage of the following:
- $0 annual fee
- 0% APR on purchases for the first 12 months after opening an account
The generous rewards and flexible credit limit are some of the reasons why the American Express Blue Business CashTM Card is our top-recommended cash back business credit card and one of the credit card top choices for nonprofits.
Bank of America Business Advantage Travel Rewards World Mastercard®: Best for Earning Travel Rewards
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 on all purchases everywhere, every time-no matter how much you spend.
- No limit to the amount of points you can earn and points don't expire.
- You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases.
- 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
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- 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 on all purchases everywhere, every time-no matter how much you spend.
- No limit to the amount of points you can earn and points don't expire.
- You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases.
- 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
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- 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: The Bank of America® Business Advantage Travel Rewards World Mastercard® lets you earn unlimited rewards that can be redeemed for travel, making it an excellent option for frequent travelers. Receive 3x points per $1 spent when you book your travel, such as airline, car, or hotel, through the Bank of America® Travel Center. You’ll also earn unlimited 1.5x points per dollar on all other purchases.
You can also take advantage of the following:
- 30,000 bonus points when you spend at least $3,000 in purchases in the first 90 days—this is equivalent to a $300 statement credit toward travel or dining
- Up to 75% more points if you have a Bank of America business checking account and qualify for the Preferred Rewards for Business
- No annual and foreign transaction fees
- 0% APR on purchases for nine months from opening an account
- Business Advantage 360, a feature that offers free access to your Dun & Bradstreet business credit score
- Up to $1 million in travel accident insurance, lost luggage reimbursement, trip cancellation coverage, and trip delay reimbursement
Its generous travel rewards and other benefits are a few of the reasons why Bank of America® Business Advantage Travel Rewards World Mastercard® is one of our top-ranking business credit cards for travel and most outstanding credit cards for real estate agents.
Coast Fuel Card: Best for Businesses With Fleets Without Personal Guarantee
Coast Fuel Card
BEST FOR:
Businesses with small to large fleets
- Up to 6 cents off per gallon at 5,000 gas stations and 2 cents off per gallon everywhere else
- 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 6 cents off per gallon at 5,000 gas stations and 2 cents off per gallon everywhere else
- 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: if your business owns small to large fleets, you will benefit from Coast Fuel Card’s streamlined spend management dashboard, generous rewards and rebates, and software discounts. Plus, it does not require a personal guarantee, which means you won’t be personally liable for your business’ financial obligations. It has no annual fee and only charges a monthly fee of $4 per active card.
You can also benefit from the following:
- 2 cents off per gallon anywhere you purchase gas with no tiers or excluded stations
- Unlimited 1% cash back on all purchases at merchants other than gas stations
- Premium rebates from partner merchants
- Up to 30% discount on select software, including Intuit QuickBooks
- Robust spend controls, where you can set spending limits on employee cards, limit the number of transactions or total spending by day, week, or month, and set a requirement to provide odometer readings
- Intuitive reports and charts, allowing you to track expenses easily
Coast Fuel Card, one of our top business fuel cards, is a charge card. Make sure to pay your entire balance every billing period, or you’ll be charged a flat-rate penalty of $35 for late or returned payments.
Amazon Business Prime American Express Card: Best for Frequent Amazon Purchases
Amazon Business Prime American Express Card
BEST FOR:
5% back or 90-day repayment terms
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- No annual and foreign transaction fees
Cons
- No 0% introductory APR
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- No annual and foreign transaction fees
Cons
- No 0% introductory APR
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
Why we like it: Amazon Business Prime American Express Card is designed for business owners who are Amazon Prime members. You can choose between 5% cash back or 90-day interest-free terms on U.S. purchases at Whole Foods Market and on Amazon, Amazon Business, and AWS. If you opt to receive cash back rewards, the 5% will apply on the first $120,000 in purchases each calendar year, then 1% thereafter.
You’ll also receive the following benefits:
- 2% cash back on restaurants, gas stations, and wireless telephone services purchased directly from U.S. service providers and 1% cash back on all other purchases
- $0 annual fee
- No foreign transaction fee
- No overlimit fee
Amazon Business Prime American Express Card is best for frequent Amazon shoppers, making it our top-recommended Amazon business credit card.
Capital On Tap Business Credit Card Visa: Best for Credit Limits Up to $50,000
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
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 orgs are not eligible
- Low sign-up bonus with high spending requirement
- 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
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 orgs are not eligible
- Low sign-up bonus with high spending requirement
- 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: Capital On Tap Business Credit Card Visa, issued by WebBank, is an ideal option for business owners needing a high credit limit as it offers up to a $50,000 credit limit. Business owners with fair or average credit are also eligible for the card—however, your APR and credit limit will vary based on your creditworthiness. Note that it does not allow balance transfer transactions.
Here are other reasons why we recommend the card:
- $200 bonus cash back when you spend $15,000 within three months after opening an account
- Flexible redemption options—redeem your rewards as a statement credit or discounted gift cards at merchants like Apple, Amazon, and Airbnb
- No annual, foreign transaction, or cash advance fees
To qualify, you must own more than 25% shares of your company, and your business must generate an annual revenue of at least $30,000. It’s worth noting that this card is not for sole proprietorships, charities or nonprofit organizations, trusts or funds, clubs, or other nonregistered organizations.
The Plum Card® from American Express: Best Charge Card with Early Pay Discount or Extended Payment Period
The Plum Card® from American Express
BEST FOR:
Accessing early pay discounts or 60 days of no interest
- Paying early pays off: get an unlimited 1.5% Early Pay Discount on eligible charges within 10 days of your statement closing date and see the discount applied to your next statement when you pay at the least the Minimum Payment Due by the Please Pay By date.
- Take up to 60 days to pay with no interest‡, when you pay your minimum due by the Payment Due Date.
- Use the power of the Plum Card to buy big for your business.
- No Foreign Transaction Fees.‡
- Terms & Restrictions Apply.
Pros
- No preset spending limit
- Doesn‘t charge foreign transaction fees
- Offers early pay discount
Cons
- Balance is due either monthly or every 60 days
- No 0% introductory APR on purchases and balance transfers
- Cash advance & balance transfers aren’t allowed
- Car rental loss and damage insurance: You can be covered for damage to or theft of a rented vehicle in a covered territory when using this card to pay for the entire rental. You have to decline the collision damage waiver offered by the rental company.
- Extended warranty: Terms of the original manufacturer’s warranty can be extended up to one additional year.
- Purchase protection: Protect eligible purchases for up to 90 days from the covered purchase date if they are stolen or accidentally damaged. The coverage is limited to up to $1,000 per occurrence, and up to $50,000 per card member, per calendar year.
- Global Assist® hotline: Available for 24/7 emergency assistance and coordination service―including medical and legal referrals, emergency cash wires, and missing luggage assistance.
- Paying early pays off: get an unlimited 1.5% Early Pay Discount on eligible charges within 10 days of your statement closing date and see the discount applied to your next statement when you pay at the least the Minimum Payment Due by the Please Pay By date.
- Take up to 60 days to pay with no interest‡, when you pay your minimum due by the Payment Due Date.
- Use the power of the Plum Card to buy big for your business.
- No Foreign Transaction Fees.‡
- Terms & Restrictions Apply.
Pros
- No preset spending limit
- Doesn‘t charge foreign transaction fees
- Offers early pay discount
Cons
- Balance is due either monthly or every 60 days
- No 0% introductory APR on purchases and balance transfers
- Cash advance & balance transfers aren’t allowed
- Car rental loss and damage insurance: You can be covered for damage to or theft of a rented vehicle in a covered territory when using this card to pay for the entire rental. You have to decline the collision damage waiver offered by the rental company.
- Extended warranty: Terms of the original manufacturer’s warranty can be extended up to one additional year.
- Purchase protection: Protect eligible purchases for up to 90 days from the covered purchase date if they are stolen or accidentally damaged. The coverage is limited to up to $1,000 per occurrence, and up to $50,000 per card member, per calendar year.
- Global Assist® hotline: Available for 24/7 emergency assistance and coordination service―including medical and legal referrals, emergency cash wires, and missing luggage assistance.
Why we like it: The Plum Card® from American Express is a charge card that provides payment flexibility. It allows you to pay your balance in full each month or carry a balance for up to 60 days with no interest. If you choose to pay your full balance—or even just a portion of it—early, you’ll receive 1.5% cash back. There’s no limit to the amount of cash back you can earn and no spending categories to keep track of.
On top of that, you’ll enjoy the following benefits:
- No foreign transaction fee
- No preset spending limit, which means your credit limit adjusts based on your usage, payment history, credit record, and financial resources
- Cash flow flexibility—choose your convenient billing cycle and American Express will adjust it for you
Keep in mind that the cash back is only earned on the amount of balance you pay within 10 days of your statement closing date. In addition, it charges a $250 annual fee.
First National Bank of Omaha Business Edition® Secured Mastercard®: Best Secured Business Credit Card With High Credit Limit Option
First National Bank of Omaha Business Edition® Secured Mastercard® Card
BEST FOR:
Secured credit lines of as much as $100,000
- 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.
- 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: If you can’t qualify for a traditional business credit card, have substantial expenses, and need a high credit limit, consider the First National Bank of Omaha Business Edition® Secured Mastercard®. You can request a limit ranging from $2,000 to $100,000, subject to approval.
To qualify, you need to make a security deposit of 110% of your requested limit. So if you need a credit limit of $100,000, your security deposit should be at least $110,000. While it doesn’t offer rewards, you can earn interest on your security deposit.
You can also take advantage of the following:
- Low annual fee of $39
- Mastercard Easy Savings®, which allows cardholders to save on purchases with automatic rebates
- Up to 50% off select QuickBooks subscriptions
- Up to $20 on TurboTax federal products
Even if you have a poor credit score, you may still qualify for the First National Bank of Omaha Business Edition® Secured Mastercard® credit card. It is our leading business credit card for bad credit and top secured business credit card.
Emburse Spend Card: Best Prepaid Card With Unlimited Cash Back
Why we like it: Emburse Spend Card is a business prepaid card that offers unlimited 1% cash back on all purchases, regardless of spending categories. It doesn’t require a personal credit check, and since it is not a debt, you won’t need to provide a personal guarantee. Remember that using the card won’t affect your personal credit score, and it won’t build business credit either.
Other benefits include:
- No annual or monthly fees
- Virtual and physical employee cards at no cost
- Streamlined expense management system that allows you to track real-time transactions
Emburse Spend Card is also one of our leading prepaid business cards, best p-cards, and top business cards for fair credit. Read our Emburse Spend Card review for more information.
How We Selected the Best Business Credit Cards
We reviewed several business credit cards and selected the ones that offer the best deals for small business owners, including low introductory financing, lucrative welcome offers, and generous ongoing rewards. We also considered annual fees, ongoing APRs, and any significant perks and benefits. Further, we included cards with different features that may be beneficial to small businesses.
Frequently Asked Questions (FAQs)
If you’re a small business owner, having a business credit card can help you separate your business and personal finances—this prevents issues with the IRS come tax season. Business credit cards also provide quick short-term financing while letting you earn rewards, take advantage of benefits like 0% APR and expense reporting features, and build business credit. When you have established your business credit, it would be easier for you to qualify for other business financing options.
To find a suitable card for your small business, consider what expense categories you always spend on. Choose a card that lets you earn rewards on these categories to maximize its benefits. You should also weigh the card’s fees against its perks and rewards and decide whether the rewards justify the cost of the card. Moreover, determine if you need cards for your employees. If so, select cards with spend management tools, accounting integration, and reporting capabilities.
What do I need to apply for a business credit card?
Typically, the requirements may vary from one issuer to another. In general, most will typically check your personal credit score and require a personal guarantee, which means you will be personally liable for your business’s debts in case it fails. You also need to provide the following information when you apply for a business credit card:
- Personal contact information
- Business name
- Business address
- Business contact information
- Employer identification number (EIN) or Social Security number
- Business type
- Industry category
- Annual revenue
- Anticipated monthly expenses
Business credit cards allow you to build business credit while personal credit cards don’t. Because personal credit cards don’t report to business credit bureaus, all your card transactions won’t contribute to building business credit.
A business credit card is ideal for those who want to build business credit and earn rewards for business-related purchases like office supplies, phones, and the internet. In contrast, a personal credit card is suitable for those who cannot qualify for a business card or want to earn rewards on nonbusiness-related purchases, such as groceries and streaming services.
Here are the most common types of small business cards:
- Cash back business credit cards offer cash back rewards that can be redeemed as a cash deposit to your bank account, check by mail, or a statement credit.
- Travel rewards business credit cards offer miles or points-based rewards that can be redeemed for travel. They typically come with travel perks, like no foreign transaction fees, airport lounge access, and in-flight discounts.
- Business charge cards work like regular credit cards; however, they require users to pay their balance in full every month. Typically, they don’t come with APRs because you are not supposed to carry a balance.
- Business prepaid cards can be used for online and in-store purchases, but you need to load the card first. Business prepaid cards also come with expense reporting systems that let you monitor expenses and set controls.
- Business fuel cards are charge cards or prepaid cards designed for fuel purchases and business with fleets. They offer rebates on purchases at gas stations. Some business fuel cards can be used at all merchants while others are exclusive for use at a specific gas station only.
Bottom Line
The best small business credit card should provide the most value for your business and address your unique needs. To help you find the right card, consider what you’ll purchase with the card and what rewards will help save money. If you already have a deposit account with a bank or credit union, it’s best to get your card from that financial institution to continue building your financial relationship. By doing so, you could potentially negotiate a better interest rate and add other business products or services to help build your credit history.
