Business credit cards that don’t report to personal credit won’t impact your personal credit score. However, the cards on our list require a personal credit check and personal guarantee. The best cards offer introductory rewards up to $1,000, pay ongoing rewards up to 3%, and charge variable annual percentage rates (APRs) as low as 9.24%.
When Do Credit Cards Report to Credit Bureaus?
Credit card issuers typically report to the credit bureaus once per billing cycle—every 30 days. The exact date may vary per bank, so be sure to ask your bank when it reports to avoid any complications. Issuers will report your credit card balances and payment history, which are two key factors that make up your personal and business credit scores.
When Business Credit Card Activity Impacts Personal Credit
Business credit card activity only impacts your personal credit if an issuer reports to the personal credit bureaus. Most often, issuers will report information including your balance, payment history, hard inquiries, credit utilization ratio, and if your account is delinquent. Some business credit card issuers only report to personal credit if your account is delinquent, including American Express, Bank of America, and Chase Bank.
All Business Credit Card Issuers Report to Business Credit Bureaus
All issuers of business credit cards report to the main business credit reporting bureaus, which means you will build—or damage—your business credit by opening a small business credit card. It’s important to use your business credit card responsibly and pay promptly to maintain good business credit.
Business Credit Cards That Don’t Report to Personal Credit
The three business credit card issuers that don’t report to personal credit bureaus are Citi, U.S. Bank, and Wells Fargo. Business credit card activity from these issuers won’t impact your personal credit, which means you won’t be able to build your personal credit score. If you want to grow your business and personal credit scores, get a business credit card through an issuer that reports to personal credit.
Major Business Credit Card Issuers Credit Reporting Policies
Issuer | Reports to Consumer Credit Bureaus | Reports to Business Credit Bureaus |
|---|---|---|
Only if your account is delinquent | ✔ | |
Only if your account is delinquent | ✔ | |
All activity | ✔ | |
Only if your account is delinquent | ✔ | |
No | ✔ | |
All activity | ✔ | |
No | ✔ | |
No | ✔ |
Although you can’t build your personal credit with American Express, Bank of America, and Chase, you still can damage your personal credit because they report to the personal credit bureaus if your account is delinquent. However, we only include business credit cards that don’t report to personal credit on our list.
Top 7 Business Credit Cards That Don’t Report to Personal Credit December 2019
The best business credit cards that don’t report to personal credit of 2019:
- U.S. Bank Business Cash Rewards World Elite™ MasterCard®: (Best Overall) Best for 0% APR on purchases and balance transfers
- U.S. Bank Business Select Rewards Card: Best for choosing category rewards
- CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®: Best for American Airlines rewards
- Wells Fargo Business Elite Card®: Best for lowest ongoing APR
- U.S. Bank Business Platinum Card: Best for low introductory and ongoing APR
- Costco Anywhere Visa® Business Card: Best for earning gas and travel rewards as a Costco member
- Wells Fargo Business Secured Credit Card: Best for building business credit
For details on how we evaluate business credit cards for this list, see our methodology.
U.S. Bank Business Cash Rewards World EliteTM MasterCard®: Overall Best Business Credit Card That Doesn’t Report to Personal Credit
U.S. Bank Business Cash Rewards World Elite™ Mastercard®
- Earn a new cardmember bonus of $500 after you spend $4,500 in eligible net purchases on your card within the first 150 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 15 billing cycles. After that variable APR currently 13.99% - 24.99%*
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| 0% | 13.99% - 24.99% Variable | $0 | Excellent |
On US Bank's Secure Website
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® is best for business owners who want to earn cash back rewards and pay minimal interest. This card pays up to 3% cash back and offers interest-free financing on purchases and balance transfers for 15 billing cycles. Plus, it offers a unique 25% bonus on the prior year’s rewards, up to $250. Ongoing variable APR starts at 13.99%.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Costs
Financing costs and fees on the U.S. Bank Business Cash Rewards World EliteTM MasterCard® include:
- Introductory APR: 0% on purchases and balance transfers for the first 15 billing cycles
- Ongoing APR: 13.99% to 24.99% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: $5, or 3% of the transfer during the application, whichever is greater
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers the longest 0% APR introductory period among small business credit cards, beating out a card like American Express Blue Business® Plus by three billing cycles. The only way to score a better deal is to open a personal credit card that charges no balance transfer fee.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Rewards
The U.S. Bank Business Cash Rewards World EliteTM MasterCard® pays up to 3% cash back on your spending and a 25% annual bonus based on your prior year’s cash rewards. You can also earn an introductory reward worth $500.
Introductory Rewards
You’ll earn $500 cash back after you spend $4,500 during the first 150 days. This reward is better than most cards on our list offer. For example, the U.S. Bank Business Select Rewards Card offers $200 cash back. Wells Fargo Business Elite Card® offers the top introductory offer on our list, worth $1,000 when you spend $15,000 within the first three months.
Ongoing Rewards
You’ll earn the following ongoing rewards when using your card:
- 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
The cellphone bonus category this cash back business credit card offers is unique when compared to other cards on our list. If you don’t want to take the time to track category bonuses, consider a fixed-rate rewards card like the Wells Fargo Business Elite Card®. That card pays either 1.5% cash back or 1 point per dollar on all spending.
U.S. Bank also offers a unique annual bonus equal to 25% of your prior year’s cash rewards, up to $250. No other business credit card on our list offers an ongoing annual bonus.
U.S. Bank Business Cash Rewards World EliteTM MasterCard® Additional Features
The following benefits are included on your card:
- MasterRental car rental collision damage waiver: U.S. Bank 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 car insurance or accept insurance the rental company offers. Coverage is limited up to $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for purchases that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per incident and up to $25,000 per year per account.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year on 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.
This card includes similar additional card perks when compared to the U.S. Bank Business Select Rewards Card. However, other cards may offer better coverage levels. For example, the Wells Fargo Business Elite Card® offers purchase protection up to $10,000 per incident and $50,000 per year.
What the U.S. Bank Business Cash Rewards World EliteTM MasterCard® Is Missing
U.S. Bank Business Cash Rewards World EliteTM MasterCard® reviews show this card offers a lower return on office supply store spending than some other small business credit cards. You can earn up to 5% cash back with the Chase Ink Business CashSM card. That card only reports to the personal credit bureaus if your account is delinquent.
U.S. Bank Business Select Rewards Card: Best for Choosing Category Rewards
U.S. Bank Business Select Rewards Card
- Earn 20,000 bonus points after you spend $1000 in eligible net purchases during the first 90 days after opening your account
- Earn 3 points per dollar on eligible net purchases in one category of your choice: Day-to-Day Expenses, Automobile or Travel & Entertainment
- Earn 1 point per dollar on other eligible net purchases
- No cap on total points you can earn
- No annual fee*
- Net purchases are purchases minus credits and returns
- Variable APR currently at 13.99% - 24.99%
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| 0% | 13.99% - 24.99% Variable | $0 | Excellent |
On US Bank's Secure Website
The U.S. Bank Business Select Rewards Card is best for business owners who want to choose category rewards. You will earn 3 points per dollar in one of three categories: day-to-day spending, automotive or travel, and entertainment. Plus, you’ll have an introductory 0% APR period for nine billing cycles on purchases and pay no annual fee. Ongoing variable APR starts at 13.99%.
U.S. Bank Business Select Rewards Card Costs
Financing costs and fees on the U.S. Bank Business Select Rewards Card include:
- Introductory APR: 0% APR on purchases for the first nine billing cycles
- Ongoing APR: 13.99% to 24.99% variable, which adjusts with the prime rate
- Annual fee: None
- Balance transfer fee: $5, or 3% of the transfer amount, whichever is higher
The low-end of this card’s ongoing APR is about 5 percentage points higher than the Wells Fargo Business Elite Card®. If you want a U.S. Bank business credit card that offers a low ongoing APR, consider the U.S. Bank Business Platinum Card. That card’s low-end ongoing APR is 2 percentage points lower than the U.S. Bank Business Select Rewards Card.
U.S. Bank Business Select Rewards Card Rewards
The U.S. Bank Business Select Rewards Card offers a you-choose-it rewards program and pays 3 points per dollar in one of three categories. Plus, you can earn an introductory reward worth $200 after spending $1,000 within the first 90 days.
Introductory Rewards
You’ll earn 20,000 bonus points when you spend $1,000 within the first 90 days. These points are worth $200 when you redeem them as cash back. This reward is lower than the $500 cash bonus the U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers.
Ongoing Rewards
You will earn the following ongoing rewards when using your card:
- 3 points per dollar in one of three categories that you choose: day-to-day expenses, automotive, or travel and entertainment
- Day-to-day expenses: Shipping, advertising, utilities, office supplies, telecommunications, and professional services
- Automotive expenses: Gas, service, tires, tolls, dealerships, car washes, and repairs
- Travel and entertainment expenses: Airlines, auto rental, hotels, restaurants, and travel agencies
- 1 point on all other purchases
The U.S. Bank Business Select Rewards Card is the only card on our list that lets you choose category rewards. If you would rather earn cash back instead of points, we recommend the U.S. Bank Business Cash Rewards World EliteTM MasterCard®. That card offers up to 3% cash back on cellphone purchases and service, gas purchases, and at office supply stores.
U.S. Bank Business Select Rewards Card Additional Features
U.S. Bank Business Select Rewards Card comes with the following additional features:
- Auto rental collision damage waiver: Provides secondary coverage if you have your own car insurance, which means you’ll have to file a claim with your insurance company first. U.S. Bank covers up to the cash value of the car in case of an accident or theft on rental cars.
- Purchase protection: Provides coverage against damage or theft for the first 90 days after purchase. Coverage is limited to $500 per claim and $50,000 per cardholder.
- Extended warranty protection: U.S. Bank will double the manufacturers’ warranty up to an additional one year on warranties of three years or less.
The additional benefits are similar to what most business credit cards on our list offer. However, U.S. Bank limits purchase protection to $500 compared to the $1,000 limit the U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers.
What the U.S. Bank Business Select Rewards Card Is Missing
U.S. Bank Business Select Rewards Card reviews indicate this card offers a small introductory reward only worth $200 when you redeem it as cash back. If you want to earn a more substantial reward, you may need to meet a larger minimum spending requirement. For example, the Wells Fargo Business Elite Card® offers $1,000 after spending $15,000 within three months.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®: Best for American Airlines Rewards
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®
- 2 AAdvantage® miles on telecommunications, car rental, gas station purchases
- 2 AAdvantage® mile on eligible American Airlines purchases
- 1 AAdvantage® mile on other purchases
- First checked bag free
- Terms Apply
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 17.24 - 25.24% Variable | $0 for the first year, then $99 | Good - Excellent |
on Citi's Secure Website
The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is best for business owners who are loyal American Airlines flyers. It pays 2 points for every dollar spent on American Airlines purchases. Plus, you can earn 70,000 bonus miles after spending 4,000 within the first four months, which is worth $700 in travel. It charges an annual fee of $99, which is waived in the first year. Ongoing variable APR starts at 17.24%.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Costs
Financing costs and fees on the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® include:
- Introductory APR: None
- Ongoing APR: 17.24% to 25.24% variable, which adjusts with the prime rate
- Annual fee: $99, waived for the first year
- Balance transfer fee: Balance transfers are not allowed
If you’re looking for a 0% introductory offer, you’d be better off choosing a 0% APR business credit card like the U.S. Bank Business Cash Rewards World EliteTM MasterCard®. That card doesn’t report to personal credit and offers interest-free financing for 15 billing cycles on purchases and balance transfers.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Rewards
This business travel credit card pays 2 miles for every dollar spent on American Airlines purchase and up to 2 miles per dollar on other purchases. You can redeem these rewards for free airfare, flight upgrades, and vacation packages.
Introductory Rewards
You can earn 70,000 bonus miles after you spend $4,000 in the first four months of your account being open. This introductory reward could be worth $700 in travel, but it is slightly lower than the 100,000 points or $1,000 the Wells Fargo Business Elite Card® offers after you spend $15,000 within three months.
Ongoing Rewards
You’ll receive American Airline miles for the following purchases:
- 2 miles for every $1 spent at gas stations and certain telecommunications merchants, car rental merchants, and cable and satellite providers
- 2 miles for every $1 spent on American Airlines purchases
- 1 mile for every $1 spent on all other purchases
You’ll earn more travel rewards―3x―with the U.S. Bank Business Select Rewards Card, and you’re not restricted to earning points on American Airlines flights. However, the U.S. Bank card’s introductory offer is only worth $200 when you redeem it as cash back.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Additional Features
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® offers:
- Companion certificate: Earn one $99 domestic economy fare plus $21.60 to $43.40 in government taxes and fees after spending $30,000 each 12-month period before your card anniversary date.
- Free checked bag: Receive one free checked bag per flight.
- Preferred boarding: You and up to four traveling companions will be able to board once priority boarding is complete but before the rest of economy boards.
- Savings on in-flight purchases: 25% savings on food and onboard Wi-Fi.
Other business travel credit cards offer more robust travel perks, like airport lounge access. If you want an airport lounge access credit card, you’ll need to pay a higher annual fee. For example, several airport lounge access cards charge more than $400 per year, but they offer free access to a variety of airport lounges.
What the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Is Missing
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® reviews say if you don’t fly American Airlines frequently, then this card isn’t right for you. If you want to earn travel rewards that are unaffiliated with an airline, consider the Costco Anywhere Visa® Business Card. That card offers 3% cash back on restaurant and eligible travel purchases worldwide, but it caters to Costco members.
Wells Fargo Business Elite Card®: Best for Lowest Ongoing APR
Wells Fargo Business Elite Card®
- Get a one-time $1,000 cash back bonus or 100,000 bonus points when you enroll in the Business Elite Card Rewards Program and spend $15,000 in the first three months of account open date; $75 annual rewards program fee waived for the first year
- Earn 1.5% cash back on every $1 spent
- No foreign transaction fee
- Up to 200 employee cards
- Bill payment options
- Online Business reporting tool
- $0 additional card fee
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | Prime + 3.99% on purchases | $75 annual rewards program fee, waived the first year | Excellent |
On Wells Fargo's Secure Website
The Wells Fargo Business Elite Card® is best for businesses that want cheap ongoing financing and have annual sales of at least $1 million. It charges no annual fee but charges an optional $75 fee if you participate in its rewards program, which is waived for the first year. You can choose to earn 1.5% cash back or 1 point for every dollar. The ongoing variable APR is only 8.74%.
Wells Fargo Business Elite Card® Costs
Financing costs and fees on the Wells Fargo Business Elite Card® include:
- Introductory APR: None
- Ongoing APR: 8.74 variable, which will adjust with the prime rate
- Annual fee: None
- Business Elite Card Rewards Program fee: $75, waived the first year
- Balance transfer fee: Varies, based on the specific offer you receive
The APR on the Wells Fargo Business Elite Card® is the cheapest among business credit cards that don’t report to personal credit and well below most other small business credit cards. The average ongoing APR on business credit cards is about 17%.
Wells Fargo Business Elite Card® Rewards
The Wells Fargo Business Elite Card® offers fixed-rated rewards on all purchases. You’ll have the option to earn rewards as points or cash back. Its introductory rewards rank well when compared to credit cards for new businesses.
Introductory Rewards
After you choose whether to earn points or cash back, you can earn:
- $1,000 cash back when you spend $15,000 within the first three months after account opening
- 100,000 points when you spend $15,000 within the first three months after account opening
The introductory rewards on this Wells Fargo business credit card are the highest on our list. Our top recommendation, the U.S. Bank Business Cash Rewards World EliteTM MasterCard®, has an introductory reward only worth $500.
Ongoing Reward
After you choose whether to earn points or cash back, you can earn ongoing rewards of:
- 1.5% cash back for every $1 spent on purchases
- 1 point for every $1 spent on net purchases and 5,000 bonus points when your company spends $10,000 in any monthly billing period
Except for the monthly bonus, these ongoing rewards are identical when compared to what the Wells Fargo Business Secured Card offers. That card only offers 1,000 bonus points when your company spends $1,000 in any monthly billing period, and it’s a secured credit card. Secured credit cards typically have credit limits equal to a cash deposit held in a collateral account.
Wells Fargo Business Elite Card® Additional Features
The Wells Fargo Business Elite Card® offers some additional features that are similar to what corporate credit cards offer:
- Spending controls: You can assign spending controls to employee cards, such as transaction limits, time limits, and category limits.
- Online reporting: This online tool allows you to view and analyze transactions to identify spending patterns and look for places to save
- Auto rental collision damage waiver: The issuer will cover you in case of an accident or theft when you rent a car using your card. Coverage is primary, which means you don’t need to use your own car insurance or accept what the rental company offers.
- Purchase security: Visa may repair, replace, or reimburse for items purchased with your credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per incident and $50,000 per year.
- Extended warranty protection: Covers warranties of three years or less and offers up to an additional year of warranty coverage
Most of these additional features are common when compared to other cards on our list. However, the card’s spending controls and online reporting are unique to the Wells Fargo Business Elite Card®. Other business credit cards allow you to set individual spending limits but don’t offer category spending restrictions or time limits.
What the Wells Fargo Business Elite Card® Is Missing
The Wells Fargo Business Elite Card® does not offer an introductory 0% APR period. If you’re looking for cheap introductory and ongoing financing, Wells Fargo Business Elite Card® reviews suggest considering another card like the U.S. Bank Business Platinum Card. That card offers no-interest financing for 12 months on purchases and balance transfers. However, it also charges an ongoing APR 3 percentage points higher than this Wells Fargo card.
Note: To apply for the Wells Fargo Business Elite Card®, you must visit a branch.
U.S. Bank Business Platinum Card: Best for Low Introductory and Ongoing APR
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 11.99% - 19.99%*
- No annual fee*
- Free employee cards
- Zero fraud liability* protects you against unauthorized transactions
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| 0% | 11.99% - 19.99% 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,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 cheap introductory and ongoing financing. This card offers no-interest financing for the first 12 billing cycles on both purchases and balance transfers. After the introductory period ends, your ongoing APR will be between 11.99% and 19.99%. This card offers no rewards program, and it is primarily for business owners looking to save money on interest.
U.S. Bank Business Platinum Card Costs
Financing costs and fees on the U.S. Bank Business Platinum Card include:
- Introductory APR: 0% APR on purchases and balance transfers for the first 12 billing cycles
- Ongoing APR: 11.99% to 19.99% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: $5, or 3% of the transfer, whichever is greater
The U.S. Bank Business Platinum Card’s introductory APR period is three months longer than what the U.S. Bank Business Select Rewards Card offers. Plus, that card’s introductory APR only applies to purchases. We rank the U.S. Bank Business Select Rewards Card low on our list because it doesn’t offer rewards.
U.S. Bank Business Platinum Card Rewards
The U.S. Bank Business Platinum Card offers no introductory or ongoing rewards. This is the only card on our list that does not offer rewards. If you want a U.S. Bank business credit card that offers rewards, our recommendation is the U.S. Bank Business Cash Rewards World EliteTM MasterCard®. It offers up to 3% cash back and interest-free financing on purchases for 15 billing cycles.
U.S. Bank Business Platinum Card Additional Features
This U.S. Bank business credit card comes with the following 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 cardholder 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.
These additional card features are similar to what you would find on other business credit cards that don’t report to personal credit. However, the Wells Fargo Business Elite Card® provides better purchase protection coverage. For example, its purchase protection coverage is limited to $10,000 per claim compared to the $500 per claim limit the U.S. Bank Business Platinum Card provides.
What the U.S. Bank Business Platinum Card Is Missing
U.S. Bank Business Platinum reviews indicate the biggest pain point is the lack of rewards. Other business credit cards that don’t report to personal credit offer both types of rewards. For example, the U.S. Bank Business Cash Rewards World EliteTM MasterCard® offers introductory rewards of $500 after you spend $4,500 within 150 days. Plus, it pays up to 3% cash back on select categories.
Note: The U.S. Bank Business Platinum Card is only available in Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nevada, New Mexico, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin, and Wyoming.
Costco Anywhere Visa® Business Card: Best for Earning Gas and Travel Rewards as a Costco Member
Costco Anywhere Visa® Business Card by Citi
- 4% Cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year and then 1% thereafter
- 3% Cash back on restaurant and eligible travel purchases worldwide
- 2% Cash back on all other purchases from Costco and Costco.com
- 1% Cash back on all other purchases
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 17.49% Variable | 0 | Good - Excellent |
On Citi's Secure Website
The Costco Anywhere Visa® Business Card by Citi is best for owners who are Costco members and want to earn gas and travel rewards. It pays 4% cash back on eligible gas worldwide, including gas at Costco, and 3% cash back on travel-related purchases. It charges no annual fee and has an ongoing variable APR of 16.74%. You must have a Costco membership to open this card, which start at $60 per year.
Costco Anywhere Visa® Business Card Costs
Financing costs and fees on the Costco Anywhere Visa® Business Card include:
- Introductory APR: None
- Ongoing APR: 16.74% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: None
This card is not ideal if you’re looking for cheap financing. Other cards on our list offer introductory no-interest financing periods. For example, choose the U.S. Bank Business Cash Rewards World EliteTM MasterCard®, and you’ll receive 0% APR for the first 15 billing cycles on purchases and balance transfers.
Costco Anywhere Visa® Business Card Rewards
The Costco Anywhere Visa® Business Card pays up to 4% cash back in categories like gas, restaurants, and travel. This card does not offer any introductory rewards.
Introductory Rewards
The Costco Anywhere Visa® Business Card does not offer a sign-up bonus. Choose another card on our list if you want to qualify for additional rewards early on.
Ongoing Rewards
With the Costco Anywhere Visa® Business Card, you’ll earn:
- 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year in gas purchases and 1% after that.
- 3% cash back at restaurants, including cafes, bars, lounges, and fast-food restaurants and on eligible travel purchases worldwide like airfare, hotels, car rentals, travel agencies, cruise lines, and Costco Travel.
- 2% cash back on all other purchases from Costco and Costco.com.
- 1% cash back on all other purchases.
This card offers excellent rewards for business owners who shop at Costco and spend money elsewhere. You’ll earn 2% cash back on all Costco spending. Plus, you can also earn up 4% cash back at eligible gas stations worldwide, which are the best gas rewards on our list.
Costco Anywhere Visa® Business Card Additional Features
With this card, you’ll receive the following additional features:
- Purchase protection: Covers you for repairs or a refund if purchases made on your Citi card are damaged or stolen within 120 days of purchase (90 days for New York residents).
- Extended warranty protection: The issuer offers to extend the coverage of eligible original manufacturer’s warranties.
These additional features are common when compared to most business credit cards on our list.
What the Costco Anywhere Visa® Business Card Is Missing
Costco Anywhere Visa® Business Card reviews indicate this card is only available to Costco members. If you aren’t an existing Costco member or aren’t looking to become a member, choose another card like our top pick, the U.S. Bank Business Cash Rewards World EliteTM MasterCard®.
Wells Fargo Business Secured Card: Best for Building Business Credit
Wells Fargo Business Secured Credit Card
- Cash Back option: Earn 1.5% cash back on every $1 spent
- Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period
- $0 annual rewards program fee
- $500 to $25,000 credit line
- Zero liability protection
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | Prime + 11.90% on purchases | $25 per card | N/A |
On Wells Fargo's Secure Website
The Wells Fargo Business Secured Card is best for business owners who have personal credit scores below 570 and want to build their business credit. It charges a low $25 annual fee per card and an ongoing variable APR of 16.65%. Plus, it pays a fixed rate of 1.5% cash back on all spending. Secured credit cards have credit limits equal to a cash deposit held in a collateral account. Business owners can access a credit limit of up to $25,000 through this card.
Wells Fargo Business Secured Card Costs
Financing costs and fees on the Wells Fargo Business Secured Card include:
- Introductory APR: None
- Ongoing APR: 16.65% variable, which will adjust with the prime rate
- Annual fee: $25 per card on up to 10 cards maximum
- Balance transfer fee: Varies, based on the specific offer you receive
The APR on the Wells Fargo Business Secured Card is the cheapest among the best business secured credit cards, which charge ongoing APRs up to nearly 10 percentage points higher. If you’re looking to build your business credit, this is one of the lowest ongoing APRs you would be able to qualify for.
Wells Fargo Business Secured Card Rewards
The Wells Fargo Business Secured Card gives you the option to either earn rewards in the form of cash back or points. Once you choose your rewards, you’ll earn a fixed rate on all spending. This card does not offer introductory rewards.
Introductory Rewards
Similar to prepaid business cards, the Wells Fargo Business Secured Card does not have an introductory offer. The only other card on our list that doesn’t offer introductory rewards is the U.S. Bank Business Platinum Card.
Ongoing Rewards
After you choose whether to earn points or cash back, you can earn ongoing rewards of:
- 1.5% cash back for every $1 spent on purchases
- 1 point for every $1 spent on net purchases and 1,000 bonus points when your company spends $1,000 in any monthly billing period
These ongoing rewards are similar to the Wells Fargo Business Elite Card®, except for the annual bonus. That card offers 5,000 bonus points when your company spends $10,000 in any monthly billing period. However, you’ll need a personal credit score of at least 670 and $1 million in annual sales to qualify for the Wells Fargo Business Elite Card®.
Wells Fargo Business Secured Card Additional Features
The Wells Fargo Business Secured Card comes with the following additional features:
- Purchase assurance: Wells Fargo will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.
- Periodic credit reviews: Wells Fargo will review your account and recent credit history to see if you qualify for an upgrade to an unsecured business credit card.
- Design studio: You can customize the design of your card by uploading an image that represents your business to its online studio.
The Wells Fargo Business Secured Card purchase protection is similar when compared to other credit cards on our list. However, it also offers periodic credit reviews, which can help you qualify for an unsecured Wells Fargo credit card once you build your business credit.
What the Wells Fargo Business Secured Card Is Missing
Although the $25 annual fee per card is low, some secured credit cards charge no annual fee. This may be something to consider, especially if you have a small credit line, as the annual fee will decrease your amount of available credit until you pay off the balance of the fee. However, Wells Fargo Business Secured Card reviews suggest this is the best secured business credit card because it can help you build your business credit scores.
How We Evaluated Business Credit Cards That Don’t Report to Personal Credit
Small business credit cards that don’t report to personal credit have a variety of introductory offers, ongoing rewards, and APRs. We also took into account the card’s annual fees and any additional features that increase the card’s value, including insurance.
In our evaluation of the best business credit cards that don’t report to personal credit, we considered:
- Introductory rewards: The introductory offer you can earn by meeting a minimum spending requirement. Cards on this list have introductory offers worth up to $1,000.
- Ongoing rewards: The points or cash back rewards you can earn for your ongoing purchases. Cards on our list pay up to 3% or 3 points per dollar.
- Introductory APR: Whether a card offers an introductory 0% APR period on purchases or balance transfers. The best cards on this list offer interest-free financing for 15 billing cycles on purchases and balance transfers.
- Ongoing APR: How much it costs to finance purchases or balance transfers once the introductory period ends. Cards on this list have ongoing variable APRs as low as 9.49%.
- Additional features: These are any free perks or benefits that increase the card’s value. All the cards on this list offer additional card perks, including car rental insurance, extended warranty protection, and purchase protection.
- Annual fee: How much it costs to own the card each year. Cards on our list have annual fees between $0 and $99.
While the cards on this list are business credit cards that don’t report to personal credit, most still evaluate your creditworthiness and require a credit score of at least 670 for approval. One card on our list is a secured business credit card, which has a credit limit equal to a cash deposit. Secured cards are best for business owners with personal credit scores below 580.
Pros & Cons of Business Credit Cards That Don’t Report to Personal Credit
The main benefit of business credit cards that don’t report to personal credit is your business activity won’t impact your personal credit. Plus, your business’ credit utilization ratio won’t play a role in determining your personal credit score. However, if you’re looking to build your personal credit, these cards are not right for you.
Pros of Business Credit Cards That Don’t Report to Personal Credit
- Your business activity won’t impact your personal credit: With business credit cards that don’t report to personal credit, you remove the risk of your business’s activity hurting your personal credit. This is one good way to protect your personal credit score when you own a business.
- Your business’s credit utilization ratio doesn’t affect personal credit: Business credit cards typically accumulate higher balances. However, these cards won’t report this information to personal credit bureaus, which can help keep your credit utilization ratio low. A low credit utilization ratio is a good way to maintain a strong personal credit score.
Cons of Business Credit Cards That Don’t Report to Personal Credit
- You can’t build your personal credit: Business credit cards that don’t report to personal credit won’t allow you to improve your personal credit score. If you want to build your personal credit, you’ll need to choose another credit card issuer like Capital One or Discover.
- Likely, you’ll still need to provide a personal guarantee: Although these cards don’t report to personal credit, most business credit cards still require a personal guarantee. If you don’t want to provide a personal guarantee, consider business credit cards without personal guarantees.
Bottom Line
Business credit cards that don’t report to personal credit are best for business owners who want to protect their personal credit. However, all the cards on our list will still require you to provide a personal guarantee, which means you become personally liable if your business fails to repay its debt.
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Disclaimer: Reviews on FitSmallBusiness.com are the product of independent research by our writers, researchers, and editorial team. User reviews and comments are contributions from independent users not affiliated with FitSmallBusiness.com's editorial team. Banks, issuers, credit card companies, and other product & service providers are not responsible for any content posted on FitSmallBusiness.com. As such, they do not endorse or guarantee any posted comments or reviews.
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