The best small business credit cards offer high reward payouts, specific rewards categories, and low introductory and ongoing interest rates. Based on these criteria, we’ve compiled a list of the top 15 small business credit cards for 2018 and ranked them based on costs, application process, and rewards for various business needs and types of borrowers.
Best Small Business Credit Cards August 2018
| Credit Card | |
|---|---|
| Chase Ink Business Cash℠ | (Best Overal)l Introductory and ongoing cash back rewards with no annual fee. |
| Bank of America® Business Advantage Cash | Business owners with prime credit who want the lowest APR cash back card we reviewed. |
| American Express SimplyCash Plus | Business owners who to earn the highest cash back rewards in select spending categories. |
| Chase Ink Business Preferred℠ | Small business owners with prime credit who want to earn ongoing travel rewards on purchases. |
| American Express Platinum Delta Skymiles | Businesses that want introductory airline rewards and travel with Delta Airlines. |
| Bank of America® Platinum Visa® Business | Lowest overall APR card with no annual fee, an introductory bonus, but no rewards program. |
| American Express Blue Business Plus | Owners who want the longest 0% introductory APR available (15 months) to spread out the payments of a large purchase. |
| American Express Business Platinum | Business owners planning a $25,000+ purchase or regularly have credit card bills over $10,000/month. |
| Chase Ink Business Unlimited℠ | Businesses that want flat cash back rewards on unlimited purchases and no annual fee. |
| Capital One Spark Cash | Businesses that want another option for flat cash back rewards on unlimited purchases. |
| Bank of America® Business Advantage Travel | Business owners with prime credit who want to earn travel rewards with a the low ongoing APR. |
| Capital One Spark Miles | Owners who want a travel card with a flat rewards rate and unlimited miles. |
| Southwest Rapid Rewards Premier® Business | Business owners who travel frequently with Southwest and want unlimited points with no foreign transaction fees |
| GM BuyPower Business Card | Businesses with large fleets of cars, especially those with a lot of GM vehicles. |
| CitiBusiness/AAdvantage Platinum Select | Businesses who travel frequently with American Airlines. |
Updated: August, 2018
How We Evaluated the Best Business Credit Card
Business credit cards can come with a variety of rewards and a range of APRs and fees. The best card for you is likely going to be determined by your personal and business situation, including the type of rewards you want. When deciding which cards are the best overall and the best in their respective categories, we considered the following criteria:
- Introductory APR – Whether a card offers a 0% introductory period
- Ongoing APR – The ongoing interest rate charged on purchases and balance transfers
- Annual Fee – The annual cost to have a small business credit card
- Who the card is best for – How many types of businesses can benefit from a particular business credit card
- Introductory rewards – Whether a card offers introductory bonus points or cash back
- Ongoing rewards – The rewards structure of a small business credit card and the level of points or cash back you can earn on ongoing purchases
We also took into account minimum qualifications, but most business credit card providers require you to be a prime borrower. While it’s possible to qualify for a small business credit card with a 640+ credit score, we recommend having a 700+ score if you want to qualify with the best cards for the best rates and largest credit lines. If you have bad credit (less than 640) you can still qualify for a secured credit card or a prepaid business credit card.
After taking these things into consideration, we recommend the Chase Ink Business Cash℠ card as the best overall card that will be a good fit for most small businesses. It is the most versatile card that provides up to 5% cash back on select purchases.
Here are the 15 best business credit cards:
Chase Ink Business Cash℠: Best Overall Small Business Credit Card
Businesses that use credit cards to make basic office expense payments will find the cash back provided by the Chase Ink Business Cash℠ card very rewarding. You could earn up to 5% cash back on basic office expenses you pay every day and between 1% – 2% on all other purchases. The APR is competitive with other cards and you’ll receive 0% interest for the first 12 months.
Chase Ink Business Cash℠ Rewards
The Chase Ink Business Cash℠ card provides only cash back rewards. You’ll see up to $500 in initial rewards and up to 5% cash back on certain purchases, as described below.
Introductory Rewards
Receive $500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.
Ongoing Rewards
You’ll earn the following cash back rewards as you use your card:
- 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.
Chase Ink Business Cash℠ Costs
As you use the Chase Ink Business Cash℠ card you’ll incur the following costs:
- Introductory APR: 0% For the first 12 months
- Regular APR: 14.99% – 20.99% Variable
- Annual Fee: None
Chase Ink Business Cash℠ Reviews
Online reviews of the Cash Ink Business Cash℠ card are excellent. Cardholders especially like that the card pays high cash back rewards without any annual fee. The card is also backed by one of the largest retail banks in the country, so there are very few complaints about customer service.
What Chase Ink Business Cash℠ is Missing
The Chase Ink Business Cash℠ card provides some great cash back rewards but the introductory rewards are not as strong as some of the other cards in this article. You also don’t receive extra cash back for travel expenses.
Where to Get Chase Ink Business Cash℠
You can apply online with Chase by filling out a basic application containing both business and personal information and you could be approved instantly. Once you’re approved you’ll receive your card in the mail within 7-10 days.
Bank of America® Platinum Visa® Business: Business Credit Card With Lowest APR
Bank of America® offers a business platinum card with one of the lowest APR rates and no annual fee, making it right for anyone who’s looking for a low-cost option. This card also offers one of the easiest ways to trigger an introductory bonus, only requiring you to spend $500 in the first 60 days to get a $200 credit statement. However, this isn’t the card for you if you’re looking for strong ongoing rewards because the card doesn’t offer any.
Bank of America® Platinum Visa® Rewards
The Bank of America® Platinum Visa® business card offers an introductory award that is as easy to trigger as any other card on the list, but the card lacks a strong ongoing rewards program.
Introductory Rewards
If you apply online you can receive a $200 statement credit bonus after you make at least $500 of net purchases in the first 60 days your account is open.
Ongoing Rewards
The Bank of America® Platinum Visa® Business card doesn’t offer a rewards program as an opportunity to earn either points or cash back.
Bank of America® Platinum Visa® Costs
The Bank of America® Platinum Visa® card will carry the following costs:
- Introductory APR: 0% for 7 billing cycles
- Regular APR: 10.99% – 21.99% Variable APR on purchases
- Annual Fee: None
Bank of America® Platinum Visa® Reviews
Reviews for the Bank of America® Platinum Visa® Business card are generally mixed. Customers love the lack of annual fee, low APR, and relatively low qualification requirements. However, many wish that the card gave them the chance to earn higher introductory or ongoing rewards.
What Bank of America® Platinum Visa® is Missing
Bank of America® offers an affordable card if you plan to carry a balance because it offers the lowest APR range in this article, but the card doesn’t offer a rewards program. After the introductory bonus, there aren’t any rewards given for continuing to use the card.
Where to Get Bank of America® Platinum Visa®
You can apply online for a Bank of America® Platinum Visa® Business card. Once you fill out the application form with your basic personal and business information you’ll typically get an instant approval or rejection. Once approved you’ll receive a card in the mail within 7-10 days.
SimplyCash Plus From American Express: Business Credit Card with No Annual Fee
The SimplyCash Plus Business card isn’t one of the better options on this list, but it doesn’t require you to pay an annual fee. The reward system is complicated and it’s unclear what types of businesses will actually benefit or what you can earn with rewards points. However, it’s a good fit for you if you don’t need a robust rewards program.
SimplyCash Plus Rewards
The SimplyCash Plus card has a complicated rewards program that offers 1 – 5% cash back depending on spending category and lets you choose which category receives a 3% cash back bonus.
Introductory Rewards
The SimplyCash Plus card does not currently have an introductory reward.
Ongoing Rewards
You’ll receive the following rewards for using the SimplyCash Plus card:
- 5% cash back on all office supply store purchases and wireless telephone purchases.
- 3% cash back on 1 category of your choice from:
- Airfare purchases directly from airlines
- Hotel rooms purchased directly from hotels
- Car rentals purchased from select car rental companies
- U.S. gas stations
- U.S. restaurants
- U.S. purchases for advertising on select media
- U.S. purchases for shipping
- U.S. computer hardware, software, and cloud computing purchases made directly from select providers
- 1% cash back on all other purchases
American Express SimplyCash Plus Costs
The SimplyCash Plus card incurs the following costs:
- Introductory APR: 0% for the first 9 months
- Regular APR: 13.99%, 18.99%, or 20.99%
- Annual Fee: None
American Express SimplyCash Plus Reviews
American Express SimplyCash reviews online are generally positive. The card is backed by the largest credit card company in the world and users love the flexibility to pick their spending category for 3% cash back rewards. However, many also wish that there were introductory rewards as well.
What SimplyCash Plus is Missing
While the SimplyCash Plus card doesn’t require an annual fee, it also isn’t the best rewards card on the list. It’s just not a good fit for businesses that need to make different types of purchases because you have to choose a single reward category. There are also better travel reward cards discussed above.
Where to Get SimplyCash Plus From American Express
You can fill out an online form to apply for the SimplyCash Plus card on American Express’ website and you could receive a decision in as little as 30 seconds. Once approved your card will arrive in the mail within 7-10 days.
Chase Ink Business Preferred℠: Best Small Business Credit Card for Travel Rewards
The Chase Ink Business Preferred℠ credit card is a good fit for many businesses because of its competitive APR, low annual fee, and flexible rewards system. If you spend $5k+ in your first 3 months of opening an account you could earn 80,000 reward points. Plus, you earn up to 3x reward points per $1 you spend on key business categories.
Chase Ink Business Preferred℠ Rewards
Chase offers a great reward system for businesses making normal expenses every month because you earn the most rewards from travel, advertising, shipping, and spending on office supplies. The rewards are broken up into an introductory offer for signing up and an ongoing reward for everyday spending.
Introductory Rewards
- 80,000 Reward points if you spend $5k in the first 3 months
Ongoing Rewards
You’ll receive the following rewards that can be spent on future travel or cash back:
- 3 Points per $1 on the first $150k spent in combined purchases on travel, shipping purchases, Internet, cable, and phone services, advertising purchases made with social media sites and search engines each account anniversary year.
- 1 Point per $1 on all other purchases, with no limit to the amount you can earn.
Chase Ink Business Preferred℠ Costs
The Chase Ink Business Preferred℠ card will carry the following costs:
- Introductory APR: Same as regular APR
- Regular APR: 17.74% – 22.74% Variable
- Annual Fee: $95, waived for the first year
Chase Ink Business Preferred℠ Reviews
Reviews of the Chase Ink Business Preferred℠ card are also extremely positive. While the card charges an annual fee, card-holders love the high introductory rewards and the ongoing points that they earn on so many different purchases. One of the most frequent comments is that more people wished they qualified.
What Chase Ink Business Preferred℠ is Missing
The Chase Ink Business Preferred℠ card is a great option for any business, but you must be a prime borrower with excellent credit to qualify. This makes it unavailable to many small business owners. You can also find better cards if you’re looking for specific rewards like airline miles.
Where to Get Chase Ink Business Preferred℠
You can apply online to see if you qualify for the Chase Ink Business Preferred℠ card and get an answer within minutes. You may be required to verify some business information offline, depending on your situation, but once approved you’ll typically be able to use your card when you receive it in 7-10 days.
American Express Platinum Delta Skymiles: Best Small Business Card for Introductory Airline Rewards
The American Express Platinum Delta Skymiles business credit card offers 35,000 introductory bonus miles plus boosted miles rewards on purchases that can be redeemed to cover travel expenses through Delta Airlines. This card is best for those who frequently fly Delta because it offers travel-related perks including access to Delta Sky Club, Priority Boarding, and 20% off in-flight purchases.
American Express Platinum Delta Skymiles Rewards
The American Express Platinum Delta Skymiles card is one of the best travel credit cards because of its introductory rewards and reward miles for each dollar spent in addition to significant additional miles if you spend over $25,000 per year.
Introductory Rewards
American Express Platinum Delta Skymiles currently offers introductory rewards including:
- 5,000 Medallion Qualification Miles and 35,000 Bonus Miles if you spend $1,000 in the first 3 months
- $100 statement credit if you make a Delta purchase in the first 3 months
Ongoing Rewards
The American Express Platinum Delta Skymiles card offers the following ongoing rewards:
- 2 miles for every dollar spent with Delta
- Annual Miles Boost: 10,000 Medallion Qualification Miles and 10,000 Bonus Miles if you spend $25,000+ in a year
- Priority Boarding
- Discounted Access to Delta Sky Club for just $29 per person
American Express Platinum Delta Skymiles Costs
The American Express Platinum Delta Skymiles card has the following costs:
- Ongoing APR: 17.49% – 26.49%
- Penalty APR: 29.99%
- Annual Fee: $195
- Foreign Transaction Fee: None
American Express Platinum Delta Skymiles Reviews
Customer reviews of the American Express Platinum Delta Skymiles card are very positive. Although it carries an annual fee, card-holders note that the card is vastly superior to the comparable Gold card in almost every respect. Customers who travel Delta love the card for all of the travel-related perks and the rewards they earn.
What’s Missing with American Express Platinum Delta Skymiles
While this business credit offers great introductory and ongoing travel rewards plus travel-related perks, the rewards are specifically for Delta. There are also no points to redeem – just miles.
Where to Get the American Express Platinum Delta Skymiles Card
You can apply for the American Express Platinum Delta Skymiles card directly through the American Express website. Approval typically takes 24 hours and you can receive your card within 7 – 10 business days. Visit American Express to see if you qualify.
Bank of America® Business Advantage Cash Rewards Mastercard®: Business Credit Card With Low APR
Bank of America® offers a strong business credit card with great rates. Prime borrowers could see rates as low as 12.99% and 0% APR for the first 9 billing cycles. If you’re looking for the card with the lowest potential costs because you’ll likely carry a balance, then this is the card for you.
Bank of America® Business Advantage Cash Rewards Mastercard®
Bank of America® doesn’t offer the best rewards on this card, but considering the low costs, it’s still a strong rewards program with up to 3% cash back on purchases.
Introductory Rewards
If you apply online you can receive a $200 statement credit bonus after you make at least $500 of net purchases in the first 60 days your account is open.
Ongoing Rewards
You’ll receive cash back on these purchases:
- 3% on purchases at gas stations and office supply stores, up to $250k annually
- 2% on purchases at restaurants
- 1% on all other purchases, including anything above the $250k limit above
Bank of America® Business Advantage Cash Rewards Mastercard® Costs
The Bank of America Advantage Cash Rewards card will carry the following costs:
- Introductory APR: 0% for 9 billing cycles
- Regular APR: 12.99% – 22.99% Variable APR on purchases
- Annual Fee: None
Bank of America® Business Advantage Cash Rewards Mastercard® Reviews
Online reviews of the Bank of America® Business Advantage Cash Rewards Mastercard® card are generally mixed. Many customers like the introductory 0% APR, the lack of annual fee, and the ability to earn up to 3% ongoing cash rewards. However, some complain that the introductory rewards aren’t higher and note that the 3% cash back rewards are limited to certain spending categories.
What Bank of America® Business Advantage Cash Rewards Mastercard® is Missing
Bank of America® offers an affordable card if you plan to either carry a balance or not use the card very often. However, the reward system is not as good as other cards if you plan on using it for business expense purchases you’re paying off every month.
Where to Get Bank of America® Business Advantage Cash Rewards Mastercard®
You can apply online for a Bank of America® Business Advantage Cash Rewards Mastercard®. Once you fill out the application form containing basic personal and business information and you could get approved within minutes. Once approved you’ll receive a card in the mail within 7-10 days.
American Express Blue Business Plus: Best 0% Interest Small Business Credit Card
American Express Blue Business Plus offers 15-month 0% introductory APR and ongoing rewards of 1x – 2x points per dollar spent. The 0% period on purchases and balances transfers is one of the longest available and ideal for business owners planning to finance large purchases or transfer another card balance and pay it off off over time.
American Express Blue Business Plus Rewards
The American Express Blue Business Plus card offers 15 months of 0% introductory APR as well as 2x rewards points on every dollar spent each year up to $50,000. Cardholders also get 1x points per dollar spent after they pass the $50,000 threshold. While this card doesn’t offer an introductory reward at this time, it does offer 0% introductory APR for 15 months.
Introductory Rewards
This card does not currently offer an introductory reward.
Ongoing Rewards
The American Express Blue Business Plus card offers ongoing reward points including:
- 2x points on all purchases up to $50,000 each year
- 1x points on all additional purchases
American Express Blue Business Plus Costs
The American Express Blue Business Plus card carries the following costs:
- Introductory APR: 0% on purchases and balance transfers for 15 months
- Ongoing APR: 12.99% – 20.99%
- Balance Transfer Fees: the greater of $5 or 3%
- Annual Fee: None
American Express Blue Business Plus Reviews
Reviews of the American Express Blue Business Plus card online are excellent. Although the card doesn’t offer rewards as high as some other cards, customers flock to the card for the long introductory 0% APR and note that it’s very easy to transfer an existing balance to the card and pay it off over time.
What’s Missing with American Express Blue Business Plus
While the Blue Business Card Plus card offers a 15-month 0% introductory interest period, it doesn’t offer any other introductory rewards. Ongoing rewards are also lower than some small business credit cards.
Where to Get the American Express Blue 0% Business Credit Card
The American Express Blue Business Plus credit card is available directly from the American Express website and comes with a 15-month 0% introductory APR. You can get approved in seconds and receive your card in as little as 7 days.
American Express Business Platinum: Best Business Credit Card For $25,000+ Purchases
Businesses that put a lot of expenses on their credit card will like the rewards of the American Express Business Platinum card. This is because you have to spend a lot on your card to unlock the best rewards. It’s also a great fit for business owners who travel frequently because it offers reward benefits for both airline travel and hotel stays. It’s more expensive to carry than the Capital One Spark Miles card but is good for frequent overnight travel.
American Express Business Platinum Rewards
The American Express Business Platinum card offers strong rewards for airplane travelers and business owners who frequently stay in hotels. American Express has a great online platform where you can redeem your rewards, but their travel benefits require you to charge the costs before you can redeem your rewards.
Introductory Rewards
You can receive up to 100,000 bonus points within your first 3 months of opening your account if you make $25k+ in purchases. You’ll receive 50,000 points after you spend your first $10k and you can receive an extra 50,000 points after you spend an additional $15k.
Ongoing Rewards
The American Express Business Platinum card has the following ongoing rewards:
- 5x reward points on eligible flights and hotels.
- 1.5x bonus points per dollar on purchases of $5k+, up to 1 million additional points per year.
- You’ll receive either a $100 statement credit or an $85 TSA Pre-check credit every 4 years.
- If you book a business or first class flight you’ll receive 35% of those reward points back later, up to 500,000 bonus points per calendar year.
- Access to 1,000+ airport lounges worldwide.
American Express Business Platinum Costs
The American Express Business Platinum card is a charge card so you must pay it off every month. While there is no APR cost, you’ll only offset the annual fee cost if you use the card quite a bit to travel and you’ll still have to pay a late penalty if you miss a payment. It will carry these typical costs:
- Introductory APR: None
- Regular APR: None
- Annual Fee: $450
American Express Business Platinum Reviews
Reviews online of the American Express Business Platinum card are excellent. In spite of the cards high annual fee, card-holders consider the Business Platinum card to be the best in its class, with tremendous rewards for flights, hotels, and other expenses. Customers also love the travel-related perks with bonus points and access to airport lounges.
What American Express Business Platinum is Missing
While the American Express Business Platinum card is good for overnight travelers, there aren’t any rewards for businesses who don’t spend a lot of time or money traveling. Also, while it provides the best rewards to businesses who spend a lot of money each month on their credit card, you’re required to pay it off each month.
Where to Get American Express Business Platinum
You can sign up for an American Express Business Platinum card by filling out an online application that only takes a few minutes. You could get a decision in as quick as 30 seconds and be using your card within 2-3 days.
Chase Ink Business Unlimited℠: Best Business Credit Card for Flat Cash Back Rewards
The Chase Ink Business Unlimited℠ card is ideal for business owners who have excellent credit and want to earn 1.5% cash back in all spending categories. This card also offers a 12-month introductory 0% interest period and has no annual fee.
Chase Ink Business Unlimited℠ Rewards
Chase Ink Business Unlimited℠ is a business credit card that offers unlimited cash back rewards on all purchases. The card also offers great introductory rewards in addition to a 12-month 0% introductory APR.
Introductory Rewards
Earn $500 cash back when you spend $3,000 in the first 3 months.
Ongoing Rewards
You can earn unlimited 1.5% cash back on all purchases, regardless of spending category.
Chase Ink Business Unlimited℠ Costs
The Chase Ink Business Unlimited℠ card has cost including:
- Introductory APR: 0% for 12 months
- Ongoing APR: 14.99% – 20.99% Variable
- Annual Fee: None
Chase Ink Business Unlimited℠ Reviews
Reviews for the Chase Ink Business Unlimited card are very good, although not as positive as reviews for the other Chase cards on this list. Customers like the 12-month introductory APR as well as the strong introductory rewards. There are very few complaints about customer service because the card is backed by a large national bank.
What Chase Ink Business Unlimited℠ is Missing
The Chase Ink Business Unlimited℠ card offers great flat cash back rewards on all spending, but the reward rate is lower than some other cards on this list – especially in certain spending categories.
Where to Get Chase Ink Business Unlimited℠
You can apply for the Chase Ink Business Unlimited℠ business card directly through Chase’s website. Once you apply, you can get an approval decision in just a few minutes. You should receive your card within 7-10 days.
Capital One Spark Cash: Another Business Credit Card With Flat Cash Back Rewards
The Capital One Spark Cash business card is a good fit for businesses that need one card to make a variety of different purchases. This is due to their unlimited 1.5% cash back reward on all expense categories. There are better options if you have a specific need – like a card to pay for travel expenses – but this is a good overall cash back card that can benefit any business.
Capital One Spark Cash Rewards
The best reward from this card is that you receive the same cash back no matter what you’re purchasing, or how often. You can receive free employee cards and you’ll receive a small bonus for spending within your first 3 months.
Introductory Rewards
A one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months your account is open.
Ongoing Rewards
You’ll get unlimited 1.5% cash back on all purchases.
Capital One Spark Cash Costs
The Capital One Spark Cash carries the following costs:
- Introductory APR: 0% for 9 months
- Regular APR: 14.74% – 22.74% variable
- Annual Fee: None
Capital One Spark Cash Reviews
Online reviews of the Capital One Spark Cash card are generally excellent. Overall, customers love the introductory 0% APR and strong cash back rewards program. There have been a few complaints in some reviews online, but these are mostly individual customer issues. On the whole, customers report a positive experience with the Capital One Spark Cash card.
What Capital One Spark Cash is Missing
Receiving 1.5% cash back on all purchases is great for businesses that aren’t sure what types of purchases they’ll end up making or that spend in a variety of different categories. However, there are other cards with better rewards and higher dollar values in specific expense categories.
Where to Get Capital One Spark Cash
You can apply online for a Capital One Spark Cash business card and you’ll typically get an immediate decision. Once approved, you’ll get your card in 7 – 10 business days.
Bank of America® Business Advantage Travel Rewards World Mastercard®: Business Credit Card For Business Travel
The Bank of America® Business Advantage Travel Rewards World Mastercard® is best for business travelers that frequently spend on hotels, rental cars, and airline tickets. This card offers an introductory APR of 0% for the first 9 billing cycles, which could make it a good fit for businesses that need to transfer a current balance so that you can pay it off. For strong borrowers, this card also offers one of the lowest potential APRs on the list.
Bank of America® Business Advantage Travel Rewards World Mastercard® Rewards
Bank of America® rewards your purchases on a points system. These points never expire and you can redeem them for travel, cash back, or gift cards.
Introductory Rewards
You can earn 25,000 bonus points when you make at least $1,000 in net purchases in the first 60 days of your account opening. These points can be redeemed for a $250 statement credit towards travel purchases.
Ongoing Rewards
You’ll earn points as you use the card for the following purchases:
- 3 points per dollar spent on travel purchases (car, hotel, airline) booked through Bank of America® Travel Center.
- Unlimited 1.5 points for every dollar spent on all purchases everywhere regardless of how much you spend.
Bank of America® Business Advantage Travel Rewards World Mastercard® Costs
The Bank of America® Business Advantage Travel Rewards Mastercard® carries these costs:
- Introductory APR: 0% for 9 billing cycles
- Regular APR: 12.99% – 22.99% Variable APR on purchases
- Annual Fee: None
Bank of America® Business Advantage Travel Rewards World Mastercard® Reviews
Customer reviews of the Bank of America® Business Advantage Travel Rewards World Mastercard® are generally very positive. Card-holders enjoy the rewards they can earn with the card, but not that rewards aren’t as high as those provided some other cards. People also report generally good customer service because the card is banked by a large national bank.
What Bank of America® Business Advantage Travel Rewards World Mastercard® is Missing
Bank of America® offers a strong travel card that rewards you for all of your travel expenses, but they don’t currently offer great rewards for office expense purchases. This card is mainly only for borrowers who travel frequently.
Where to Get Bank of America® Business Advantage Travel Rewards World Mastercard®
You can apply with Bank of America® by filling out a basic online application and potentially getting an instant approval. The whole process can be completed within a matter of a few minutes and you’ll receive your card within 7-10 days.
Capital One Spark Miles: Business Credit Card With Flat Travel Rewards
Capital One Spark Miles is a great business card option for business owners who travel a lot and want to receive airline rewards. You’ll receive 2x mile rewards for every purchase without blackouts or seat restrictions, making this our recommended airline travel card. You can even get free employee cards for your employees who travel for business purposes and get even more reward miles.
Capital One Spark Miles Rewards
Capital One offers some of the best business travel rewards in the industry with this card, giving you 2x miles on every purchase and up to 50,000 bonus miles. You can redeem them online by either paying for past travel or booking a new flight or rental car.
Introductory Rewards
Bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months from opening an account. The 50k miles is equal to about $500 of travel expenses.
Ongoing Rewards
Earn unlimited 2x miles on every purchase with no blackouts or seat restrictions. There are no minimums you must meet in order to redeem these reward miles.
Capital One Spark Miles Costs
The Capital One Spark Miles card carries these costs:
- Introductory APR: Same as regular APR
- Regular APR: 18.74% variable
- Annual Fee: $95, waived for the first year
Capital One Spark Miles Reviews
Capital One Spark Miles reviews online are very good. Many card-holders note the lack of an introductory APR and some complain that the rewards are focused on travel rather than more flexible cash back rewards. However, most customers report a positive experience with the card.
What Capital One Spark Miles is Missing
While Capital One offers a card with excellent travel rewards, you won’t get any cash back or other rewards for your purchases. If you don’t travel much by plane then this isn’t a very good card for you.
Where to Get Capital One Spark Miles
You can get the Capital One Spark Miles card by filling out an online application with your personal and business information. You will either be approved immediately or be required to submit proof of income by mail. Once approved, you’ll receive your card in 7 to 10 business days.
Southwest Rapid Rewards Premier® Business: Business Credit Card With Southwest Airline Rewards
The Southwest Rapid Rewards Premier® Business card is best for businesses that frequently use Southwest Airlines because they offer increased rewards for expenses with Southwest airlines and their hotel and car rental partners. If you regularly fly Southwest, Rapid Rewards also allows you to book your airfare, hotel stays, and rental cars using points.
Southwest Rapid Rewards Premier® Business Rewards
The best rewards for the Southwest Rapid Rewards Premier® Business card come from purchases with Southwest airlines and their hotel and rental car partners. Rewards can be redeemed easily for travel expenses with Southwest as well as hotels, rental cars, and gift cards. Card holders also enjoy benefits like priority boarding, free same-day standby, and priority check-in and security lane access.
Introductory Rewards
The Southwest Rapid Rewards Premier® Business card currently offers 60,000 reward points when you spend $3k in the first 3 months.
You can use those introductory rewards to book round-trip airfare for 2, book a hotel, or rent a car, but they’re best when you have a flexible travel schedule. We were able to book round-trip airfare for 2 from New York to Fort Lauderdale for just 35k points.
Ongoing Rewards
You’ll receive points for the following purchases on your Southwest Rapid Rewards card going forward:
- Earn 2 points for every $1 spent on Southwest airline purchases
- Earn 2 points for every $1 spent with Rapid Reward Hotel and Car Rental partners
- Earn 1 point for every $1 spent on all other purchases
- 6k bonus points on your Cardmember anniversary
Southwest Rapid Rewards Premier® Business Costs
The Southwest Rapid Rewards Premier Business credit card carries the following costs:
- Introductory APR: Same as regular APR
- Regular APR: 17.74% – 24.74% Variable APR on purchases
- Annual Fee: $99
- Balance Transfer Fee: $5 or 5%
- Foreign Transaction Fee: None
Southwest Rapid Rewards Premier® Business Reviews
Reviews of the Southwest Rapid Rewards Premier® Business card online are mostly positive. Customers mostly appreciate the travel rewards that the card offers, although they do not that rewards are not as flexible as some other cards. While some customers report issues enrolling with the correct introductory reward, these complaints are mostly limited to individual incidents.
What Southwest Rapid Rewards Premier® Business is Missing
This is an ideal card if you frequently travel with Southwest or use one of the Rapid Rewards hotel or car rental partners. If you don’t regularly use Southwest or their partners, this isn’t a good card for you. Even if you do fly Southwest, you may have trouble utilizing your points if you don’t have a flexible travel schedule or need to visit a city that Southwest doesn’t service.
Where to Get Southwest Rapid Rewards Premier® Business
You can apply for the Southwest Rapid Rewards Premier® Business credit card online through Southwest’s secure website. Approval can take 7-10 days but once you’re approved you’ll get your card in about a week.
GM BuyPower Business Card: Business Credit Card for a Fleet of Vehicles
Businesses with large fleets of GM vehicles will find the GM BuyPower Business Card the best option because you get 5% on your first $5,000 in annual purchases and 2% on all purchases thereafter. This card is also one of the best options in this article for businesses that want to earn rewards that they can redeem toward the purchase or lease of a new GM vehicle.
GM BuyPower Business Card Rewards
The GM BuyPower Business Card provides some of the best rewards in the industry for basic business purchases like gas or office supplies. The one downside on their reward program is that they don’t offer any introductory rewards.
Introductory Rewards
The GM BuyPower Business Card does not currently offer any introductory rewards.
Ongoing Rewards
You will earn the following rewards when you use the GM BuyPower Business Card:
- 5% earnings on the first $5,000 in purchases each year
- 2% unlimited earnings on all other purchases
GM BuyPower Business Card Costs
The GM BuyPower Business Card will carry the following costs:
- Introductory APR: 0% for the first 12 months
- Regular APR: 14.65% – 24.65% variable
- Annual Fee: None
GM BuyPower Business Reviews
Online reviews of the GM BuyPower Business credit card are mostly positive. Customers love the 12-month 0% introductory APR as well as the ongoing rewards. However, some card-holders complain that rewards can only be used toward buying or leasing a new GM vehicle, which doesn’t always match up with their business plans.
What GM BuyPower Business is Missing
The GM BuyPower card is great for those operating a fleet, but in order to unlock the best rewards you must have a fleet of GM vehicles. It also isn’t a good fit if you’re looking for a straight cash back or travel rewards card.
Where to Get GM BuyPower Business Card
You can get the GM BuyPower Business Card through Capital One by applying online. You could receive an answer in as quick as 60 seconds, and once approved you’ll receive your card in about 1 week.
CitiBusiness/AAdvantage Platinum Select: Business Credit Card With American Airline Rewards
The CitiBusiness/AAdvantage Platinum Select card offers 70,000 introductory bonus miles for qualifying new cardholders as well as 1 – 2 miles for every dollar spent. This card also offers travel-related perks with American Airlines and is best for business travelers who use frequently fly American Airlines because their entire reward system is based on American.
CitiBusiness/AAdvantage Rewards
The best rewards come from using the card on American Airlines travel, and those rewards give you the ability to do more traveling with American Airlines.
Introductory Rewards
You can earn 70,000 American Airlines AAdvantage bonus miles when you purchase $4k in the first 4 months of your account being open.
Ongoing Rewards
You’ll receive American Airline miles for the following purchases:
- Earn 2 miles for every $1 spent at gas stations and other select categories
- Earn 2 miles for every $1 spent on American Airline purchases
- Earn 1 mile for every $1 spent on all other purchases
Additionally, you can also receive these great rewards:
- Save 25% on in-flight purchases on American Airlines flights
- Fly to select American Airlines destinations for up to 7,500 fewer AAdvantage miles
- Earn an American Airlines companion certificate each year after you spend $30k+
CitiBusiness/AAdvantage Costs
The CitiBusiness/AAdvantage Platinum Select World Mastercard carries the following costs:
- Introductory APR: Same as regular APR
- Regular APR: 17.49% – 25.49% variable
- Annual Fee: $95, waived for the first year
- Foreign Transaction Fee: None
CitiBusiness/AAdvantage Reviews
Customer reviews of the CitiBusiness/AAdvantage card are generally positive. Card-holders like the miles they can earn for ongoing expenses as well as the lack of foreign transaction fees. However, some card-holders have complainted about customer service from Citi and also questioned whether the rewards are worth the annual fee.
What CitiBusiness/AAdvantage is Missing
This is a great card if you can benefit from the American Airlines centric rewards system, but it’s missing any other type of reward. If you don’t fly American Airlines constantly, then this isn’t the right card for you.
Where to Get CitiBusiness/AAdvantage Platinum Select
You can apply online at Citi’s website or via phone to get the CitiBusiness/AAdvantage Platinum Select business card. Once approved you’ll receive your card in about 1 week.
List of the Best Small Business Credit Cards
| Business Credit Card | |
|---|---|
| Businesses that want up to 5% cash back for basic office expenses. | |
| 0% introductory APR and a low ongoing APR afterward. | |
| Those who want to choose their 3x reward expense category. | |
| Business-related purchases like digital ad spend. | |
| Businesses that travel with Delta Airlines. | |
| Lowest regular APR that we reviewed and no annual fee. | |
| Businesses with high travel and entertainment expenses. | |
| Those who expect to make large expenditures or who travel a lot. | |
| Businesses that want 1.5% cash back, no annual fee, and introductory cash back. | |
| Businesses that want unlimited 1.5% cash back on all purchases. | |
| Businesses that spend a lot on hotel, airline tickets, and rental cars. | |
| Businesses that want unlimited 2x miles per dollar spent. | |
| Businesses that frequently fly Southwest and want to earn 1 - 2 points for every dollar spent. | |
| Businesses that operate a fleet of vehicles or that use GM cars. | |
| Businesses that use American Airlines for travel. | |
| Businesses that want to choose their 3x and 2x points expense categories. | |
| Those who travel a lot and want double Membership Rewards when booked through the AmEx travel website. | |
| Businesses that want another 1.5% cash back option and no annual fee. | |
| Businesses that want 1.5x miles per dollar spent and no annual fee. | |
| Those who want 60 days to pay off their card instead of the standard 30. | |
| Businesses that stay in Starwood’s network of hotels. | |
| Businesses that want unlimited 1% cash back and no annual fee. | |
| Businesses that want 0% introductory APR for 9 months and low ongoing APR on purchases. |
American Express SimplyCash Plus
American Express Platinum Delta Skymiles
American Express Blue Business Plus
American Express Business Platinum
Southwest Rapid Rewards Premier Business
CitiBusiness/AAdvantage Platinum
AmEx Business Gold Rewards
AmEx Business Green Rewards
Capital One Spark Cash Select
Capital One Spark Mile Select
AmEx Plum Card
AmEx Starwood Preferred Guest
Capital One Spark Classic
US Bank Business Edge Select RewardsBottom Line
As you can see, there are plenty of great options for your next small business credit card. They can help you earn rewards, but the right one depends on your personal and business situation. However, the best cards with great rewards will only be available to prime borrowers and the largest credit lines are only available to businesses with strong revenues.
Our recommended small business credit card is the Chase Ink Business Cash℠ card. The card has no annual fee and you can earn $500 introductory cash back if you spend $3k in the first 3 months. It’s a great card to use for normal business expenses every month to earn cash back for spending you’re doing anyway. Apply online and you could be approved in a few minutes.
vickie
I started a residential cleaning service 4-23-2015
I have as of today,tripled what I made in the 8months of last year.
I have a list of customers on Hold to start service with my company but
I need to get a good used or low miles car to take on extra clients.I have 1 employee who works with me in my car but the second team needs a car,
NO ONE WILL GRANT ME A LOAN…
my credit scores are 620 577 560can any one point me to a place that helps people re establish their credit and grant a 3000.00 loan?
I have defaulted on credit cards only and it was 2 yrs and longer since that
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Hi Vickie,
Since the car will used for business purposes, you may be able to get an equipment loan or lease for the car. I recommend trying a service like LeaseQ to see if you can qualify for an equipment loan or lease.
Best regards,
Priyanka
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Erinn
Thank you!
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