10 Best Small Business Credit Cards August 2020

On Chase's Secure Website

Rating 5 5

Best For: Office-based businesses that want top cash back rewards

Intro APR ^?0% APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases	13.24% - 19.24% Variable	$0	Good - Excellent

Earn $500 bonus cash back after you spend $3,000 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 card purchases with no limit to the amount you can earn
0% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

Note: The information related to the ChaseInk Business Cash℠ Credit Card Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

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 U.S. 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 U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less.

Why we like it: I’ve done the legwork of reviewing just about every business credit card on the market, and Chase Ink Business Cash^SMoffers an unbeatable mix of features. You’ll have a solid combination of introductory and ongoing rewards and a lengthy introductory period on purchases. It’s honestly a top-of-the-wallet card for office-based businesses as it offers unrivaled rewards for office supply spending.

You can also use this card to gain access to a large cash-based introductory reward if you can spend $3,000 in the first three months. Beyond the card’s rewards, you’ll have access to a suite of insurance like car rental insurance and purchase protection. I recommend using this card if you have a big budget for office supplies and value 0% APR. It also ranks it as one of the best startup business credit cards.

American Express Business Platinum Card®: Best for Premium Travel Benefits

The Business Platinum Card® from American Express

on The Business Platinum Card® from American Express's secure website.

Rating 5 5

Best For: Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access

Intro APR	Regular APR	Annual Fee	Credit Needed
N/A	N/A	$595	Good, Excellent

Earn 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership.
Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
Get 50% more Membership Rewards® points. That's an extra half point per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
Enroll to get up to $200 in statement credits annually by getting up to $100 semi-annually for U.S. purchases with Dell. Terms apply.
35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year when you book on amextravel.com.
Terms Apply

Pros

Free access to over 1,200 airport lounges worldwide
Global Entry or TSA Pre✓® membership fee reimbursements

Cons

Balance is due in full monthly
Steep $595 annual fee

American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than one dozen U.S. airports.
Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,000 lounges worldwide for you and two guests.
Airport screening: Either a $100 statement credit for Global Entry every four years or $85 statement credit for TSA Pre✓® once every 4½ years.
Travel credit: A $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 $200 in statement credits annually for Dell purchases.

Why we like it: This business travel credit card will give you the keys to unlock an enhanced travel experience. While you wait for your flights, you’ll have access to more than 1,000 airport lounges around the world. There’s not a single other card that matches this airport lounge offer. Plus, you can get a free TSA Pre✓® or Global Entry membership, which allows you to speed through airport security.

While this is an extremely powerful card, it’s important to know that it’s a charge card. This means that, although it carries no APR, you’re required to pay your balance off every month. So, it’s crucial only to get a business card like this if you know you can afford to pay your balance down monthly. If not, take a glance at other cards on our list—specifically ones that offer 0% introductory APRs or low ongoing APRs.

Overall, this card tops the business travel credit card category with ease. Outside of airport lounge access and expedited airport security screening program enrollment credits, you can earn annual travel credits, free onboard Wi-Fi, and elite car rental status. These features make the card a great way to elevate your airport and business travel experience. It also ranks it as one of the best high-limit business credit cards.

Chase Ink Business Preferred®: Best for 3x Points on Shipping & Travel

Ink Business Preferred® Credit Card

on Ink Business Preferred® Credit Card's secure website.

Rating 4.5 4.5

Best For: Maximizing travel rewards at a lower annual fee

Intro APR	Regular APR	Annual Fee	Credit Needed
N/A	15.99% to 20.99% Variable	$95	Good to Excellent

New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
No foreign transaction fees
Employee cards at no additional cost
$95 Annual Fee

Note: The information related to the Chase Ink Business Preferred® Credit Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

Opportunity to boost the value of reward points
Offers cellphone protection and trip cancellation insurance

Cons

Does not offer an interest-free financing period
Charges an annual fee

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 U.S. and abroad.
Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.

Why we like it: This card is a gold mine for businesses that put a lot of funds toward shipping and travel. You’ll be able to save big and earn 3x points in those categories plus others like telecommunication transactions. You’ll also have a shot to earn the most lucrative introductory offers on our list, awarded as bonus points.

While this card offers common insurance benefits, such as car rental insurance and purchase protection, it’s the only option here that includes cellphone protection and trip cancellation insurance. Use this card to secure a well-rounded business travel credit card while avoiding an excessive annual fee.

💡 Tip: When you redeem your rewards for travel through Chase’s online portal, each point is worth 1.25 cents. However, it gets better. You can increase this travel redemption value to 1.5 cents per point if you transfer your points to the Chase Sapphire Preferred® personal credit card. If you’re looking for even more value, consider transferring your points to one of Chase’s airline partners. Point values vary but could exceed 2 cents per point when you book travel.

Capital One® Spark® Miles for Business: Best for Fixed-rate Miles & Booking Hotels or Rental Cars

Capital One® Spark® Miles for Business

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

Rating 4 4

Best For: Unlimited 2x miles with every swipe

Intro APR	Regular APR	Annual Fee	Credit Needed
N/A	20.99% (Variable)	$0 intro for first year; $95 after that	Excellent, Good

Introductory reward worth $500 in travel after you spend $4,500 within the first three months
2x miles per $1 spent
5x miles on hotel and rental car bookings through the issuer
Issue employee cards for free

Pros

No foreign transaction fees
TSA Pre✓® or Global Entry application fee credit

Cons

You’ll pay an annual fee after the first year
Doesn’t offer interest-free financing

Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA Pre✓® once every four years.
Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
Travel medical emergency assitance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.

Why we like it: Tracking category rewards can eat up a lot of time. With a card like this, however, you’ll earn the same rewards regardless of the purchase, allowing you to forget about reward categories. However, if you book hotel nights or a rental car through Capital One, you’ll increase your return rate. You can use your miles for flights, hotels, and vacation packages. Capital One also lets you transfer points to more than 10 travel partners.

This card can also help you tap into a more enjoyable business travel experience. You can receive up to a $100 credit for Global Entry or TSA PreCheck when you pay for the application fee using your Capital One credit card. These programs will give you access to shorter airport security lines and move you through your security screening quickly. Choose this small business credit card if you tend to travel for business frequently.

Capital One® Spark® Cash for Business: Best for a Simple 2% Cash Back Reward Program

Capital One® Spark® Cash for Business

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

Rating 4 4

Best For: Earning unlimited 2% cash back

Intro APR	Regular APR	Annual Fee	Credit Needed
N/A	20.99% (Variable)	$0 intro for first year; $95 after that	Excellent, Good

Introductory reward worth $500 after you spend $4,500 within the first three months
2% cash back on every purchase
Issue employee cards for free

Pros

No limit to the amount of rewards you can earn
Lucrative welcome offer

Cons

Lacks a 0% APR offer
Annual fee is only waived for 12 months

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 U.S. and abroad.
Purchase protection: Covers your new purchases for up to 90 days against damage or theft up to $10,000 per claim.

Why we like it: Similar to Capital One® Spark® Miles for Business, you can use this card to earn fixed-rate rewards on every purchase. Every time you swipe your card, you’ll get 2% back. This card stands out to me because of its simple rewards program. You could also earn several hundred dollars as a welcome offer if you meet Capital One’s minimum spending requirement.

However, this card is missing key features many business owners find beneficial like an introductory 0% APR. If you need to carry a balance, this card is not suited for your business. Instead, look for a card that offers no-interest financing on purchases, balance transfers, or both for an extended period of time. This can help you save big on potential interest charges.

If introductory financing is not your primary concern in a small business credit card, then you may have found your next card. Between the simple ongoing rewards and the lucrative welcome offer, this card is also among the best cash back business cards.

Chase Ink Business Unlimited^SM: Best for a Big Sign-up Bonus With No Annual Fee

Ink Business Unlimited℠ Credit Card

On Chase's Secure Website

Rating 4 4

Best For: Pocketing 1.5% cash back on every single purchase

Intro APR ^?0% APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases	13.24% - 19.24% Variable	$0	Good - Excellent

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
Earn unlimited 1.5% cash back on every purchase made for your business
0% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

Note: The information related to the Chase Ink Business Unlimited℠ Credit Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

0% APR on purchases
Unlimited cash back rewards on all purchases

Cons

Introductory APR period doesn’t apply to balance transfers
5% balance transfer fee

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 US 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 US manufacturer’s warranty by an additional year on eligible warranties of three years or less

Why we like it: You’ll get the most value from Chase Ink Business Unlimited^SM through its fee structure and cash-based welcome offer. Looking through the lens of the business owner, I’d expect a card without an annual fee to not offer that many frills. However, that’s not the case with this card. Although it charges no annual fee, you can still earn several hundred dollars in introductory rewards if you meet a spending requirement.

The rewards don’t stop there, however. This card offers unlimited consistent rewards on every single purchase. This means you won’t have to worry about tracking category bonus rewards or where you should use your card to maximize your rewards. Instead, every time you swipe your card, you’ll earn 1.5% cash back.

I also appreciate that a card that charges no annual fee gives you 12 months to finance purchases with no interest. Whether your business is just getting started or you’ve already built a foundation, this introductory 0% APR offer can help you make larger business-related purchases.

💡 Tip: Use this card to avoid an annual fee, earn a sign-up bonus, access 0% introductory APR, and pocket fixed-rate rewards.

Bank of America® Business Advantage Travel Rewards World Mastercard®: Best Travel Rewards Card With No Annual Fee

Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

on Bank of America® Business Advantage Travel Rewards World Mastercard® credit card's secure website.

Rating 4 4

Best For: Earning top rewards on travel purchases booked through Bank of America

Intro APR ^?0% APR for nine billing cycles on purchases	Regular APR	Annual Fee	Credit Needed
0% 9 billing cycles	12.24% - 22.24% Variable APR on purchases	$0.00	Excellent

Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening which can be redeemed for a $300 statement credit towards travel purchases.
Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.
Earn 3 points per every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center.
No annual fee and no international transaction fees.
0% Introductory APR on purchases for your first 9 billing cycles.
Redeem points for travel with no blackout dates, cash back or gift cards.
Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.

Pros

3x points on travel
0% APR on purchases
No blackout dates on travel

Cons

Low ongoing rewards on non-travel
Low introductory bonus
No 0% APR on balance transfers

Bank of American does not 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: This small business credit card is a perfect fit if you have an existing banking relationship with Bank of America. The real value in this card comes from the bonus rewards program. You can earn up to 4.12 points per $1 spent on travel-related purchases and up to 2.62 points per $1 spent on all other purchases, depending on your balance. To earn the maximum rate, however, you must have $100,000 in deposits or investments with the bank.

Even though you’ll never pay an annual fee with this card, you’ll still have a shot at earning a point-based sign-up bonus that can be worth up to $300 in travel. What’s more, you’ll even have access to an introductory 0% APR period that applies to purchases. This can help you finance large business-related expenses that are necessary to grow your business. Choose this card if you travel often for business but don’t want to pay an annual fee.

If you want a Bank of America business card but rather earn cash back vs points, consider the Bank of America® Business Advantage Cash Rewards Mastercard®.

American Express Blue Business Cash^TM Card: Best for Consistent Cash Back Rewards

American Express Blue Business Cash™ Card

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

Rating 3.5 3.5

Best For: Earning 2% cash back every time you swipe and 0% introductory APR for 12 months

Intro APR ^?0% introductory APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% on purchases	13.24% - 19.24% Variable	No annual fee	Good, Excellent

Earn up to $300 back to boost your business. You can earn up to $100 in the form of statement credits at each of the following merchants: Dell Technologies, DocuSign or FedEx after you make an eligible purchase on your new Card within the first 3 months of Card Membership.
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, 13.24% - 19.24%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

Pros

No interest for 12 months
Earn consistent 2% cash back rewards on every purchase

Cons

Offers no cash sign-up bonus
2% cash back category is capped at $50,000 in annual spending

Extended warranty protection: American Express provides up to an additional year of coverage on warranties of up to five years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Baggage insurance: If your luggage is damaged or lost when you travel on a common carrier like a plane, trip, ship, or bus, American Express will reimburse you for losses not covered by your own personal insurance.

Why we like it: Business owners sometimes have expenses that are all over the place, and luckily there are cards like this for those situations. This American Express card pays some of the highest fixed-rate rewards, which means you’ll earn the same 2% cash back no matter where you swipe your card. Plus, you can earn a cash-based introductory bonus when you meet American Express’s minimum spending requirement.

If you apply for this card and you’re approved, you’ll also have access to a long interest-free financing period. It gives you 12 months to finance purchases before the ongoing APR comes into play. This can be beneficial for startups or growing businesses that need time to pay down balances.

💡 Tip: If you’re on the hunt for an introductory financing offer that can yield you some time to pay down a balance transfer without interest, this is not the card for you. Look toward the U.S. Bank Business Platinum Card for the best 0% APR on the market.

American Express Blue Business® Plus: Best for 2x Points

The Blue Business® Plus Credit Card from American Express

on The Blue Business® Plus Credit Card from American Express's secure website.

Rating 4.5 4.5

Best For: Pocketing 2x points per $1 and 0% introductory APR for 12 months

Intro APR ^?0% introductory APR for 12 months on purchases	Regular APR	Annual Fee	Credit Needed
0% on purchases	13.24% - 19.24% Variable	No annual fee	Good, Excellent

Earn up to $300 back to boost your business. You can earn up to $100 in the form of statement credits at each of the following merchants: Dell Technologies, DocuSign or FedEx after you make an eligible purchase on your new Card within the first 3 months of Card Membership.
Earn 2X Membership Rewards® 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.
Enjoy the flexibility to put more purchases on the Card and earn rewards when you buy above your credit limit*.
You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
More buying power for your business means more opportunities to earn points. That’s everyday business with the Blue Business Plus Card.
*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, 13.24% - 19.24%, based on your creditworthiness and other factors at account opening.
No Annual Fee
Terms Apply

Pros

0% APR for 12 months on purchases and balance transfer
Earn 2x points on all spending

Cons

No lucrative welcome offer
2x points rewards are capped at $50,000 in spending

Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than two years. It provides an additional two years if the original manufacturer’s warranty is between two and five years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.

Why we like it: This is an ideal alternative to the American Express Blue Business Cash^TM Card if you value points-based rewards over cash back. Both cards offer the same 0% introductory APR period, but the reward programs are different: points vs cash back. This means you’ll also earn 2x points every time you use your card and a cash-based sing-up bonus.

You’ll be able to redeem your points for several types of rewards, including travel, gift cards, purchases through Amazon, and automatic credits to your bill. If you’re split between this card and the American Express Blue Business Cash^TM Card, it’s best to evaluate your business’s situation. If you and your employees travel for business often, you should consider a card that pays rewards as points like the American Express Blue Business® Plus credit card shown here.

Beyond the rewards, both these American Express business cards are nearly identical. You’ll have the luxury of being able to finance purchases for 12 months without ever paying interest. If you take up this offer, be sure you repay any balances before the ongoing APR kicks in. You don’t want to get stuck with high-interest charges.

U.S. Bank Business Platinum Card: Best for 0% APR for 20 Billing Cycles

U.S. Bank Business Platinum Card

On US Bank's Secure Website