10 Best Sole Proprietorship Business Credit Cards 2020

On Chase's Secure Website

Ink Business Cash℠ Credit Card

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

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% Intro APR on Purchases	14.74% - 20.74% Variable	$0	Good - Excellent

On Chase's Secure Website

Chase Ink Business Cash^SM is the overall best sole proprietorship small business credit card because it charges no annual fee and offers ongoing rewards worth up to 5% cash back. It also offers a $500 bonus after spending $3,000 within the first three months. Additionally, you’ll receive interest-free financing on purchases for 12 months.

Chase Ink Business Cash^SM Costs

Introductory APR: 0% APR for 12 months on purchases
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 5% of the transferred amount, whichever is greater

Compare these costs to the American Express Blue Business Cash^TM Card.

Chase Ink Business Cash^SM Rewards

5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, cellular phone, and landline services each account anniversary year, then 1% afterward.
2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, then 1% afterward.
1% cash back on all other purchases.

Welcome offer: Earn $500 cash back after spending $3,000 within the first three months after account opening.

Compare these startup business credit card rewards to the U.S. Bank Business Cash Rewards World Elite^TM Mastercard®.

Chase Ink Business Cash^SM Additional Features

Auto rental collision damage waiver: Chase provides primary coverage when you rent a car for business purposes, which replaces your personal insurance and the rental company’s insurance. Chase will reimburse you up to the actual cash value of the vehicle for theft and collision damage.
Purchase protection: Provides coverage against damage or theft for the first 120 days after purchase. This coverage is limited to $10,000 per claim and $50,000 per year.
Extended warranty protection: Provides an additional year of warranty on U.S. manufacturers’ warranties of three years or less.

Learn more: Chase Ink Business Cash^SM reviews

Chase Ink Business Unlimited^SM: Best for Introductory Rewards & 1.5% Cash Back

On Chase's Secure Website

Ink Business Unlimited℠ Credit Card

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

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% Intro APR on Purchases	14.74% - 20.74% Variable	$0	Good - Excellent

On Chase's Secure Website

Chase Ink Business Unlimited^SM is best for sole proprietors who want to earn a sign-up bonus and don’t want to take the time to track category rewards. This new business credit card offers fixed-rate 1.5% cash back on all spending. Additionally, it offers an introductory reward of $500 after spending $3,000 within three months. Similar to Chase Ink Business Cash^SM, you’ll receive an introductory 0% APR period for 12 months on purchases.

Chase Ink Business Unlimited^SM Costs

Introductory APR: 0% APR for 12 months on purchases
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 5% of the transferred amount, whichever is greater

Compare these costs with the U.S. Bank Business Cash Rewards World Elite^TM Mastercard®.

Chase Ink Business Unlimited^SM Rewards

You will earn unlimited 1.5% cash back on all purchases, which makes it a great card for businesses that don’t want to track category rewards.

Welcome offer: Earn $500 cash back after you spend $3,000 in the first three months.

Chase Ink Business Unlimited^SM Additional Features

Auto rental collision damage waiver: Primary coverage when using a rental vehicle for business purposes, which means it replaces any coverage the rental company or your personal insurance offers. Chase may reimburse up to the actual cash value of the vehicle for theft and collision damage.
Purchase protection: Covers purchased items within 120 days of purchase against damage or theft. Coverage is limited to $10,000 per claim and $50,000 per year.
Extended warranty protection: Offers an additional year of warranty on U.S. manufacturers’ warranties of three years or less.

Learn more: Chase Ink Business Unlimited^SM review

American Express Blue Business Cash^TM Card: Best for Interest-free Financing & Cash-back Rewards

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

American Express® Blue Business Cash Card

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 and balance transfers for 12 months, then a variable rate, 14.74%, 17.74%, or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
No Annual Fee
Terms Apply

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.74% - 20.74% Variable	No annual fee	Good, Excellent

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

The American Express Blue Business Cash^TM Card is best for sole proprietors who want access to interest-free financing and fixed-rate, cash-back rewards. You’ll have access to no-interest financing for 12 months on purchases and balance transfers. Additionally, other business credit cards that offer an identical 2% cash-back rewards rate typically charge annual fees close to $100.

American Express Blue Business Cash^TM Card Costs

Introductory APR: 0% for 12 months on purchases and balance transfers
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 3% of the transferred amount, whichever is greater

Compare this introductory APR with the U.S. Bank Business Cash Rewards World Elite^TM Mastercard®.

American Express Blue Business Cash^TM Card Rewards

2% cash back on all purchases up to $50,000 each year.
1% cash back on all additional purchases.

Welcome offer: None

If you want to earn fixed-rate rewards and a sign-up bonus, compare these rewards to Chase Ink Business Unlimited^SM.

American Express Blue Business Cash^TM Card Additional Features

Extended warranty protection: The issuer will provide up to one additional year of coverage on eligible warranties of five years or less. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
Purchase protection: American Express will repair, replace, or reimburse you for new purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per claim and $50,000 per account each year.

Learn more: American Express business card review

American Express Blue Business® Plus: Best for Interest-free Financing & Fixed-rate 2x Points Rewards

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

The Blue Business® Plus Credit Card from American Express

Get rewarded for business as usual. 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 and balance transfers for 12 months, then a variable rate, 14.74%, 17.74% or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
Terms Apply

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.74% - 20.74% Variable	No annual fee	Good, Excellent

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

American Express Blue Business® Plus is best for sole proprietors who want interest-free financing and fixed-rate rewards on all spending. You’ll have no-interest financing for 12 months on purchases and balance transfers. Additionally, this card charges no annual fee and pays up to 2x points on purchases up to $50,000 annually. However, this is one of the few cards on our list that has no sign-up bonus.

American Express Blue Business® Plus Costs

Introductory APR: 0% for 12 months on purchases and balance transfers
Ongoing APR: 14.74% to 20.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 3% of the transferred amount, whichever is greater

Compare these costs with the U.S. Bank Business Cash Rewards World Elite^TM Mastercard®.

American Express Blue Business® Plus Rewards

2x points on all purchases up to $50,000 each year.
1x points on all additional purchases.

Welcome offer: None

Compare these rewards with Chase Ink Business Unlimited^SM.

American Express Blue Business® Plus Additional Features

Extended warranty protection: Provides up to an additional two years of coverage on original manufacturers’ warranties of five years or less. Coverage is limited to $10,000 per claim and $50,000 per year.
Purchase protection: The issuer will repair, replace, or reimburse you for a purchased item that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per claim and $50,000 per year.

Learn more: American Express business card review

U.S. Bank Business Cash Rewards World Elite^TM Mastercard®: Best for Earning a Sign-up Bonus With a Low Spending Requirement

On US Bank's Secure Website

U.S. Bank Business Cash Rewards World Elite™ Mastercard®

Earn a new cardmember bonus of $200 after you spend $1,000 in eligible net purchases on your card within the first 90 days of account opening
3% cash back on cellular, gas stations, and office supply store net purchases
1% cash back on other eligible net purchases

No limit on total rewards and they never expire!
Plus, a 25% Annual Cash Rewards bonus, up to $250
No annual fee*
Net purchases are purchases minus credits and returns
0% Intro APR* on purchases and balance transfers for the first 9 billing cycles. After that variable APR currently 13.74% - 24.74%*

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0%*	13.74% - 24.74%* Variable	$0*	Excellent

On US Bank's Secure Website

The U.S. Bank Business Cash Rewards World Elite^TM Mastercard® is best for sole proprietors who want to earn an introductory reward by meeting a low spending requirement. You can earn a $200 sign-up bonus after spending $1,000 within 90 days and 3% cash back. It also charges no interest for nine billing cycles on purchases and balance transfers.

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Costs

Introductory APR: 0% on balance transfers and purchases for the first nine billing cycles
Ongoing APR: 13.74% to 24.74% variable, which adjusts with the prime rate
Balance transfer fee: $5 or 3% of the transferred amount, whichever is greater
Annual fee: None

Compare this introductory APR to the American Express Blue Business Cash^TM Card.

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Rewards

3% cash back on cellphone purchases and service.
3% cash back on gas purchases up to $200 per single purchase.
3% cash back at office supply stores.
1% cash back on all other eligible purchases.

Welcome offer: Earn $200 cash back when you spend $1,000 during the first 90 days after account opening.

Compare these rewards to the Bank of America® Business Advantage Cash Rewards Mastercard®.

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Additional Features

MasterRental car rental collision damage waiver: The issuer covers you in case of accident or theft on all rentals made worldwide. This coverage is primary, which means you won’t need to use your own personal car insurance or accept what the rental company offers. Coverage is limited up to $50,000.
Purchase assurance: The issuer may repair or reimburse for purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per item and up to $25,000 per year.
Extended warranty protection: The issuer will double the manufacturer’s warranty up to an additional one year on eligible warranties of five years or less. U.S. Bank will replace the item or reimburse you up to the amount charged on your card up to $10,000.

Learn more: U.S. Bank business card review

Bank of America® Business Advantage Cash Rewards Mastercard®: Best for Earning Gas Rewards

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

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening - with no annual fee and cash rewards don't expire.
Earn 3% cash back in the category of your choice, 2% cash back on dining and unlimited 1% cash back on all other purchases.
You'll get 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.

0% Introductory APR on purchases for your first 9 billing cycles.
Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account.
Get 75% more cash back on every purchase when you're a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 5.25% on your selected choice category, 3.5% on dining and unlimited 1.75% cash back on all other purchases.

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% 9 billing cycles	13.74% - 23.74% Variable APR on purchases	$0.00	Excellent

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

The Bank of America® Business Advantage Cash Rewards Mastercard® is best for sole proprietors who want to receive rewards for their gas purchases and pay no annual fee. This card pays 3% cash back on gas station spending—or one of five other spending categories. Plus, you can earn more rewards if you enroll in the Preferred Rewards for Business program.

Bank of America® Business Advantage Cash Rewards Mastercard® Costs

Introductory APR: 0% for nine billing cycles on purchases
Ongoing APR: 13.74% to 23.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $10 or 4% of the transferred amount, whichever is greater

Bank of America® Business Advantage Cash Rewards Mastercard® Rewards

3% cash back on your choice of one of the following six categories: gas stations (default), office supply stores, travel, TV and telecommunications services, wireless, computer services or business consulting services (for the first $50,000 in combined choice category or dining purchases each calendar year, 1% thereafter).
2% cash back at restaurants.
1% cash back on all other purchases.

Welcome offer: Earn a $300 statement credit after you spend at least $3,000 within the first 90 days.

With this card, you can earn reward bonuses by enrolling in the Preferred Rewards for Business program. When you enroll, you can earn an additional 25% to 75% rewards bonus on every purchase. This means you could earn up to 5.25% on gas spending. To earn the highest bonus rate (75%), you must have at least $100,000 in deposits or investments with the bank.

Bank of America® Business Advantage Cash Rewards Mastercard® Additional Features

Bank of America doesn’t disclose any details of the card’s additional features until you receive the guide to benefits that comes with your card. However, we do know you’ll receive up to $100,000 in travel accident insurance, which covers you in case of loss of life or dismemberment.

Learn more: Bank of America card review

U.S. Bank Business Platinum Card: Best for Low Introductory & Ongoing APR

On US Bank's Secure Website

U.S. Bank Business Platinum Card

0% Intro APR* on purchases and balance transfers for the first 12 billing cycles. After that variable APR currently 11.74% - 19.74%*
No annual fee*
Free employee cards

Zero fraud liability* protects you against unauthorized transactions

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0%*	11.74% - 19.74%* Variable	$0	Excellent

On US Bank's Secure Website

Only available within these states: AZ,AR,CA,CO,ID,IL,IN,IA,KS,KY,MN,MO,MT,NE,NC,NV,ND,OH, OR,SD,TN,UT,WA,WI,WY, NM

The U.S. Bank Business Platinum Card is best for business owners who want low introductory and ongoing financing. It charges no interest on purchases and balance transfers for 12 billing cycles. After the introductory period ends, its ongoing variable APR is the lowest on our list. This card offers no rewards program, but it’s mainly designed for business owners looking to save money on interest.

U.S. Bank Business Platinum Card Costs

Introductory APR: 0% APR on purchases and balance transfers for the first 12 billing cycles
Ongoing APR: 11.74% to 19.74% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: $5 or 3% of the transferred amount, whichever is greater

U.S. Bank Business Platinum Card Rewards

This U.S. Bank business credit card offers no introductory or ongoing rewards. This is the only card on our list that does not offer rewards.

U.S. Bank Business Platinum Card Additional Features

Auto rental collision damage waiver: U.S. Bank will cover up to the cash value of the vehicle in case of accident or theft on car rentals made in the United States and most foreign countries.
Purchase protection: Covers new purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $500 per claim and up to $50,000 per year.
Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year on warranties of three years or less. Coverage is limited to $10,000 per item.

Learn more: U.S. Bank business card review

Discover it® Business Card: Best for Maximizing First-year Rewards

On Discover's Secure Website

Discover it® Business Card

Unlimited 1.5% Cash Back
Cash back Match - We'll automatically match all the cash back you've earned at the end of your first year. There's no signing up. And no limit to how much we'll match.
100% U.S. Based Customer Service

Free Employee Cards - Add employee cards with spending limits and earn rewards for all their purchases.

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0%	14.49% to 22.49% Variable	$0	Good - Excellent

On Discover's Secure Website

The Discover it® Business Card is best for sole proprietors who want to maximize their rewards during the first year. This card pays unlimited 1.5% cash back. Plus, Discover will match—or double—all rewards earned during your first year. This means for the first 12 months of card ownership, you will earn 3% cash back on all purchases. You’ll also receive no-interest financing for 12 months on purchases.

Discover it® Business Card Costs

Introductory APR: 0% for 12 months on purchases
Ongoing APR: 14.49% to 22.49% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: 5% of the transferred amount

If you’re looking to transfer a balance, this card is not right for you. Instead, compare these costs with the American Express Blue Business Cash^TM Card.

Discover it® Business Card Rewards

You’ll earn 1.5% cash back on all purchases. With Discover’s cash-back match offer, you’ll be able to earn 3% cash back over your first year.

Welcome offer: Instead of a traditional introductory offer, Discover matches all cash-back rewards you earn over your first 12 months. After your first year, you’ll receive these rewards in the following one or two billing cycles.

Discover it® Business Card Additional Features

Account lock: Allows you to freeze your account through the mobile app or website to prevent new purchases.
Late fee waiver: You’ll be charged no fee for your first late payment, but $37 thereafter.

Learn more: Discover it® Business Card review

Capital One® Spark® Cash Select for Business: Best for Annual Card Expenses Below $19,000

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

Capital One® Spark® Cash Select for Business

Earn unlimited 1.5% cash back for your business on every purchase, everywhere, no limits or category restrictions
Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months from account opening
Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that

No annual fee
Free employee cards, which also earn unlimited 1.5% cash back on all purchases
Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
$0 Fraud Liability if your card is lost or stolen
No foreign transaction fees

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
0% on purchases	14.49% - 22.49% (Variable)	$0	Excellent, Good

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

Capital One® Spark® Cash Select for Business is best for sole proprietors who spend less than $19,000 annually on their credit cards. That’s the threshold at which you’d receive more benefit from the Capital One® Spark® Cash for Business, but that card charges a $95 annual fee. Capital One® Spark® Cash Select for Business pays unlimited 1.5% cash back.

Capital One® Spark® Cash Select for Business Costs

Introductory APR: 0% for nine months on purchases
Ongoing APR: 14.49% to 22.49% variable, which adjusts with the prime rate
Annual fee: None
Balance transfer fee: None

Compare these costs with Chase Ink Business Unlimited^SM.

Capital One® Spark® Cash Select for Business Rewards

You’ll earn unlimited 1.5% cash back on all purchases. If you want to earn miles to redeem for travel instead of cash back, Capital One offers Capital One® Spark® Miles Select for Business.

Welcome offer: Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first three months from account opening.

Compare these rewards to Chase Ink Business Unlimited^SM.

Capital One® Spark® Cash Select for Business Additional Features

According to Capital One’s website, this card offers Visa® Business Benefits:

Extended warranty protection: Extends U.S. manufacturer’s warranty by up to one additional year on eligible warranties of three years or less.
Purchase protection: Covers your new purchases for 90 days against damage or theft up to $10,000 per claim and $50,000 per account, per year.

Learn more: Capital One business card review

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

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

Capital One® Spark® Classic for Business

Earn unlimited 1% cash back for your business on every purchase, everywhere, no limits or category restrictions
No annual fee
Build and strengthen credit for your business by using this credit card responsibly

$0 Fraud Liability if your card is lost or stolen
Free employee cards, which also earn unlimited 1% cash back on all purchases
Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
No foreign transaction fees

INTRO APR	REGULAR APR	ANNUAL FEE	CREDIT NEEDED
N/A	24.49% (Variable)	$0	Average, Fair, Limited