Editorial and Partnership Disclosure Fit Small Business has partnered with CardRatings for our coverage of credit card products. Fit Small Business and CardRatings may receive a commission from card issuers. This is a recurring post with regularly updated card details. Opinions, reviews, analyses & recommendations are the author’s alone and have not been reviewed, endorsed, or approved by any of these entities.
The best business credit cards for new businesses with no credit history offer easy approval, flexible spending options, straightforward points or rewards, generous welcome offers, and low fees. While a business credit history isn’t required, most issuers will assess your personal credit score to determine eligibility. Make sure to choose a card that helps build your business credit so you can access better financing options as your business grows.
Here are the seven best credit cards for new businesses with no credit history:
- The American Express Blue Business Cash™ Card: Best overall credit card for new businesses with no credit history with instant approval and expanded buying power
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best for 12-month 0% APR and up to 5% cash back
- The Blue Business® Plus Credit Card from American Express: Best for earning points regardless of category
- card_name: Best for high credit limit, generous welcome offer, and travel
- Capital One Spark 1% Classic: Best for fair credit with $0 annual fee
- First National Bank of Omaha Business Edition® Secured Mastercard® Card: Best secured card with up to $100,000 credit limit
- Ramp Credit Card: Best for exclusive discounts with over $350,000 in partner rewards
Overview of the Best Business Credit Cards With No Credit
Best For | Annual Fee | Ongoing Rewards | Personal Credit Score | ||
|---|---|---|---|---|---|
 The American Express Blue Business Cash™ Card | (Best overall) For new businesses with no credit history with instant approval and expanded buying power | $0 | Up to 2% cash back | Good to Excellent | |
 U.S. Bank Business Triple Cash Rewards World Elite Mastercard® | 12-month 0% APR and up to 5% cash back | $0 | Up to 5% cash back | Good to Excellent | |
 The Blue Business® Plus Credit Card from American Express | Earning points regardless of category | $0 | Up to 2x points | Good to Excellent | |
 card_name | High credit limit, generous welcome offer, and travel | annual_fees | Up to 5x points | Good to Excellent | |
 Capital One Spark 1% Classic | Fair credit with $0 annual fee | $0 | Up to 5% cash back | Fair | |
 First National Bank of Omaha Business Edition® Secured Mastercard | Secured card with up to $100,000 credit limit | $39 | None | Very Poor to Good | |
 Ramp Credit Card | Exclusive discounts with over $350,000 in partner rewards | $0 | Up to 1.5% cash back | Poor to Excellent |
To see how these credit cards stack up against one another or others we reviewed on our site, click Add to Compare on a credit card below and choose up to two additional cards for comparison.
The American Express Blue Business Cash™ Card: Best Overall for New Businesses With No Credit History With Instant Approval and Expanded Buying Power
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Why We Like It
It’s our top pick for the best overall credit card for new businesses with no credit history because it offers instant approval for those who meet the personal credit score requirement. Once approved, you can get immediate access to your card number and use it right away. You have the option to spend above your credit limit with Expanded Buying Power, giving your business extra spending flexibility. With a $0 annual fee and automatic cash back applied as a statement credit, this card makes managing rewards effortless, so you can focus on growing your business.
Ongoing Rewards
- $250 statement credit after spending $3,000 in purchases in the first 3 months
- 2% cash back on the first $50,000 worth of purchases in a calendar year, then 1% thereafter
- 1% cash back on all other purchases automatically credited to your statement credit
Here’s an example of the potential rewards value if spending requirements are met:
Other Benefits
- 0% APR on purchases for the first 12 months
- Can add up to 99 employee cards to your account for no additional fee
- Use your card to pay bills with Vendor Pay by BILL
- Get access to a complete summary of your spending, which is categorized by month and purchase type, at the end of each year
- Offers extended warranty and purchase protection
Who Should Consider It
- Business owners needing credit limit flexibility
- Entrepreneurs with moderate spending
- Businesses requiring immediate access to credit
These benefits are why the card tops our list of the leading instant approval business cards.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best for 12-month 0% APR & up to 5% Cash Back
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
Those wanting to earn up to 5% cash back on selected spending categories
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Why We Like It
This card helps businesses save and earn simultaneously. The 12-month 0% APR on purchases gives you the flexibility to manage large expenses without immediate interest while earning up to 5% cash back adds tangible value to your business. With a $0 annual fee, it’s a smart choice for maximizing rewards and managing costs effectively.
Ongoing Rewards
- $750 cash back welcome bonus by spending $6,000 on the Account Owner’s card within the first 180 days
- 5% cash back on prepaid hotels and car rentals directly booked in the Travel Rewards Center
- 3% cash back on eligible purchases at gas and electric vehicle (EV) charging stations, office supply stores, cell phone service providers, and restaurants
- 1% cash back on all other eligible purchases
Here’s an example of the potential rewards value if spending requirements are met:
Other Benefits
- $100 annual statement credit for recurring software subscriptions.
- $0 fee offer on ExtendPay Plans opened within the first 60 days as a new cardmember.
- With Mastercard benefits, such as the Easy Savings® Program, ID Theft Protection™, and MasterRental® car rental collision damage waiver insurance.
Who Should Consider It
- Small business owners planning large purchases
- Businesses with frequent travel needs
- Companies with recurring software expenses
Its generous rewards program and extended 0% APR period help you save on business expenses. This is why the card leads our roundup of the top business cards with a $0 annual fee.
The Blue Business® Plus Credit Card From American Express: Best for Earning Points Regardless of Category
The Blue Business® Plus Credit Card from American Express
BEST FOR:
Pocketing 2x points per $1 and 0% introductory APR for 12 months
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X 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. Terms and limitations apply.
- You’ve got the power to spend beyond your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
Pros
- $0 annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power: The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection: Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection: American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X 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. Terms and limitations apply.
- You’ve got the power to spend beyond your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
Pros
- $0 annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power: The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection: Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection: American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
Why We Like It
This card simplifies rewards by allowing you to earn points on every purchase without the need to track spending categories. This flexibility ensures your business maximizes value across all expenses, whether for everyday operations or larger investments. With versatile redemption options, the card helps you turn routine spending into meaningful rewards that can support your business growth and goals.
Ongoing Rewards
- 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases within the first 3 months
- 2x points on the first $50,000 in purchases each year
- 1x point on all purchases after the cap is met
Here’s an example of the potential rewards value (1 point = $0.005) if spending requirements are met:
Other Benefits
- 0% intro APR on purchases for the first 12 months from account opening
- Gain flexibility to exceed your credit limit when needed with Expanded Buying Power
- It comes with account management tools, including the American Express® Business App, and connects to QuickBooks
- Use your card to pay bills with Vendor Pay by BILL
- It comes with insurance protection, such as car rental loss and damage, purchase, and extended warranty
Who Should Consider It
- Business owners with diverse spending habits and looking for flexible rewards
- New businesses managing cash flow and needing spending flexibility
- Startups aiming for a valuable welcome bonus
This card is one of our best American Express business credit cards for offering fixed-rate points-based rewards with Expanded Buying Power.
card_name: Best for High Credit Limit, Generous Welcome Offer & Travel
card_name
BEST FOR:
Maximizing travel rewards at a lower annual fee
Intro APR
intro_apr_rate,intro_apr_duration
Regular APR
reg_apr,reg_apr_type
Annual Fee
annual_fees
Credit Needed
credit_score_needed
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- $0 foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the welcome offer
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
Intro APR
intro_apr_rate,intro_apr_duration
Regular APR
reg_apr,reg_apr_type
Annual Fee
annual_fees
Credit Needed
credit_score_needed
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- $0 foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the welcome offer
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
Why We Like It
This card offers exceptional value for businesses looking to maximize their spending power and rewards. The high credit limit allows for greater financial flexibility, making it ideal for managing significant business expenses. Its generous welcome offer provides an impressive boost to your rewards balance, while the travel benefits ensure you get more value from business trips. This combination of features makes it a top choice for businesses that prioritize spending capacity and valuable rewards.
Ongoing Rewards
- bonus_miles_full
- 3x points per dollar spent on the first $150,000 spent in combined purchases in four categories for each account anniversary year; categories include travel, shipping purchases, advertising on search engines and social media sites, and expenses on internet, cable, and phone services
- Unlimited 1 point per dollar spent on all other purchases; points don’t expire for as long as your account is active
- 5X points on qualifying Lyft products and services purchased through the Lyft mobile application through March 31, 2025.
Here’s an example of the potential rewards value (1 point = $0.0125) if spending requirements are met:
Category | Reward Rate | Estimated Annual Spend | Earned Points | Annual Reward Value |
|---|---|---|---|---|
Travel, shipping purchases, advertising on search engines and social media sites, and expenses on internet, cable, and phone services | 3x | $150,000 | 450,000 | $5,625 |
All other purchases after cap is met | 1x | $25,000 | 25,000 | $312.50 |
Lyft products and services | 5x | $ 5,000 | 25,000 | $312.50 |
90,000 | $1,125 | |||
Total Annual Reward Value | $7,375 | |||
Other Benefits
- $0 foreign transaction fee
- Use Chase Pay Over Time to split purchases of $100 or more into equal monthly payments with no interest—just a fixed monthly fee. Choose repayment terms ranging from three to 24 months to better manage your business cash flow
- Request employee cards and set individual spending limits at no additional cost
- Comes with travel and purchase protection, such as trip cancellation/interruption, cellphone, and extended warranty
Who Should Consider It
- High-spending businesses, ideal for those who want to maximize rewards
- Entrepreneurs seeking a generous welcome bonus
- Frequent international travelers
- Businesses needing flexible payment options with Chase Pay Over Time
The card is one of our top high-limit business credit cards due to its generous welcome offer and lucrative ongoing rewards.
Capital One Spark 1% Classic: Best for Fair Credit With $0 Annual Fee
Capital One Spark 1% Classic
BEST FOR:
Those with fair credit
Intro APR
N/A
Regular APR
29.99% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Intro APR
N/A
Regular APR
29.99% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Why We Like It
This card provides a practical solution for business owners with fair credit who want to build their credit profile without incurring extra costs. The $0 annual fee makes it a budget-friendly choice, while the straightforward rewards structure ensures every purchase contributes to your financial growth. This card is an excellent stepping stone for businesses working toward stronger credit and long-term financial success.
Ongoing Rewards
- 5% cash back on hotels and car rentals booked through Capital One Travel
- 1% cash back on every purchase for your business, with no minimum to redeem
Here’s an example of the potential rewards value if spending requirements are met:
Category | Reward Rate | Estimated Annual Spend | Annual Reward Value |
|---|---|---|---|
Hotels and car rentals | 5% | $50,000 | $2,500 |
All other purchases | 1% | $25,000 | $250 |
Total Annual Reward Value | $2,750 | ||
Other Benefits
- Help build or improve your credit as Capital One reports your activity to major credit bureaus.
- Redeem your cash back as a statement credit, receive a check by mail, or set up automatic redemptions based on your preferences.
- Avoid foreign transaction and balance transfer fees, saving you money on international purchases and transfers.
- Benefit from $0 fraud liability if your card is lost or stolen.
- Create multiple free employee cards, track employee spending, and customize spending limits while earning rewards from their purchases.
Who Should Consider It
- Business owners with fair credit looking to build or improve their credit profile
- Entrepreneurs seeking rewards without paying an annual fee
- Frequent travelers who can maximize 5% cash back on hotels and rental cars booked through Capital One Travel
- Small businesses with varied expenses that benefit from unlimited 1% cash back on all purchases
- Owners who value flexible cash back redemption options, like statement credits, checks, or automatic redemptions
It leads our list of the best fair credit business cards because of its generous rewards and few fees. However, it’s best to pay your balance in full each month, as this card comes with a high ongoing APR.
First National Bank of Omaha Business Edition® Secured Mastercard® Card: Best Secured Card With Credit Limit of up to $100,000
First National Bank of Omaha Business Edition® Secured Mastercard® Card
BEST FOR:
Secured credit lines of as much as $100,000
Intro APR
None
Regular APR
APR: 25.99% variable
Annual Fee
$39
Credit Needed
Very Poor to Good
- While FNBO does not offer any rewards for their new and existing cardholders for this card, you can still earn rewards through Mastercard Easy Savings®, where cardholders are able to save on purchases with automatic rebates from over 40,000 participating merchant locations available.
Pros
- Available for those with very poor to good scores
- Can set credit limits from $2,000 to $100,000
- Offers free management reports
Cons
- With annual fee
- Charges foreign transaction fee
- No introductory and ongoing rewards
- Requires a security deposit of 110% of the credit limit required
- TurboTax discount: Get a discount of up to $20 on TurboTax federal products when using First National Bank of Omaha Business Edition® Secured Mastercard®.
- QuickBooks Online or QuickBooks Self-Employed discount: Receive either a 30% off of a 12-month subscription on QuickBooks Online (Simple Start, Essentials, Plus, or Advanced) or a 30% off of a 12-month subscription on QuickBooks Self-Employed. This is applicable only to new QuickBooks Online customers.
- Free management reports: First National Bank of Omaha provides free management reports to help track expenses, monitor spending, note tax deductions, prepare tax filings, and predict costs easily.
- Zero liability: FNBO guarantees that you won’t be held responsible for any fraudulent charges made with both your card and account information.
Intro APR
None
Regular APR
APR: 25.99% variable
Annual Fee
$39
Credit Needed
Very Poor to Good
- While FNBO does not offer any rewards for their new and existing cardholders for this card, you can still earn rewards through Mastercard Easy Savings®, where cardholders are able to save on purchases with automatic rebates from over 40,000 participating merchant locations available.
Pros
- Available for those with very poor to good scores
- Can set credit limits from $2,000 to $100,000
- Offers free management reports
Cons
- With annual fee
- Charges foreign transaction fee
- No introductory and ongoing rewards
- Requires a security deposit of 110% of the credit limit required
- TurboTax discount: Get a discount of up to $20 on TurboTax federal products when using First National Bank of Omaha Business Edition® Secured Mastercard®.
- QuickBooks Online or QuickBooks Self-Employed discount: Receive either a 30% off of a 12-month subscription on QuickBooks Online (Simple Start, Essentials, Plus, or Advanced) or a 30% off of a 12-month subscription on QuickBooks Self-Employed. This is applicable only to new QuickBooks Online customers.
- Free management reports: First National Bank of Omaha provides free management reports to help track expenses, monitor spending, note tax deductions, prepare tax filings, and predict costs easily.
- Zero liability: FNBO guarantees that you won’t be held responsible for any fraudulent charges made with both your card and account information.
Why We Like It
This card empowers businesses with high credit limits and credit-building opportunities. You can set a credit limit between $2,000 and $100,000 based on a security deposit equal to 110% of your desired limit. For example, a $100,000 limit requires a $110,000 deposit. You don’t need a business credit score to qualify, and even with a low personal credit score, you can get approved if you meet the deposit requirement. This card gives businesses the flexibility and purchasing power they need while helping to establish or strengthen their credit profile.
Ongoing Rewards
This card does not offer ongoing and introductory rewards on purchases. However, you can earn automatic rebates at over 40,000 merchants under the Mastercard Easy Savings® program.
Other Benefits
- Easily capture and organize business receipts using your smartphone’s camera, simplifying record-keeping.
- Earn interest on your security deposit, with rates specified in the Deposit Agreement.
- Pay an affordable annual fee of just $39.
- Get coverage for automobile rentals when you use your card to pay for the rental.
Who Should Consider It
- Business owners who need a high secured credit limit, up to $100,000, for substantial purchasing power.
- Entrepreneurs with low or no credit scores looking to build or improve their credit profile.
- Companies seeking to earn interest on their security deposit while maintaining a secured card.
It is a great option for those with bad credit history. It is one of our best business cards for bad credit and leading business secured cards. Note that aside from the automatic rebates on selected purchases from Mastercard, FNBO does not offer ongoing rewards on your purchases.
Ramp Credit Card: Best for Exclusive Discounts With Over $350,000 in Partner Rewards
Ramp Credit Card
BEST FOR:
Those who are using Ramp as their main financial management tool
Intro APR
None
Regular APR
None
Annual Fee
$0
Credit Needed
Poor to Excellent
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Intro APR
None
Regular APR
None
Annual Fee
$0
Credit Needed
Poor to Excellent
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Why We Like It
This card goes beyond traditional rewards by offering over $350,000 in exclusive discounts from its extensive network of partners. These savings can significantly reduce costs on essential services like software, travel, and business tools, allowing businesses to reinvest in growth. With $0 annual and foreign transaction fees and robust spending management features, Ramp ensures that every dollar works harder for your business.
Ongoing Rewards
- Up to 1.5% cash back on purchases, regardless of spending categories
- More than $350,000 in partner rewards—including discounts from Gusto, QuickBooks, Zendesk, 1Password, Accelerate Tax, UPS, Amazon Web Services (AWS), Funding Circle, Clear Haven, Vesto, Capchase, LiveOak Bank, and Rippling, among others. For a full list of partner benefits, visit the Ramp perks page.
Here’s an example of the potential rewards value if spending requirements are met:
Category | Reward Rate | Estimated Annual Spend | Annual Reward Value |
|---|---|---|---|
All Purchases | 1.5% | $25,000 | $375 |
Software (e.g., Slack, Amazon Web Services) | $500/month with a 10% partner discount | $6,000 | $600 |
Travel (flights/hotels booked through a partner) | $3,000/month with a 5% partner discount | $36,000 | $1,800 |
Total Annual Reward Value | $2,775 | ||
Other Benefits
- Issue unlimited corporate cards, both virtual and physical, to meet your team’s needs without restrictions.
- Simplify and speed up bill payments with multilevel approvals and AI-powered invoice transcription.
- Track all expenses on a single user-friendly dashboard that provides real-time visibility and automated savings insights.
- Automate most of your accounting tasks with direct integrations to QuickBooks, NetSuite, Xero, and Sage.
Who Should Consider It
- Businesses looking to maximize savings through over $350,000 in exclusive partner rewards
- Companies needing unlimited corporate cards for team-wide use, both virtual and physical
- Teams that want to automate accounting with seamless integration to tools like QuickBooks, NetSuite, Xero, and Sage
As one of our top-recommended business cards for nonprofits, the card will also be a great choice if you are a nonprofit.
How We Selected the Best Credit Cards for New Businesses With No Credit History
We prioritized cards that offer opportunities for building credit scores and have $0 or low annual fees. We also looked at ongoing interest rates, introductory APRs, bonuses, ongoing rewards, and ease of application.
Frequently Asked Questions (FAQs)
Secured business credit cards are generally the easiest to obtain, as they require a refundable security deposit that serves as your credit limit, reducing the issuer’s risk. This structure makes them accessible to applicants with limited or poor credit histories.
Yes, many business credit cards, like secured cards or those designed for fair credit, focus on your personal credit score rather than your business’s credit history, making it possible to qualify even if you’re just starting out.
Most business credit cards require a personal guarantee, meaning the card issuer will assess your personal credit score and hold you personally liable for the card’s debt if the business cannot pay.
Bottom Line
Finding the best business credit card for new businesses with no credit history can be a game-changer for managing expenses and building your financial foundation. Look for cards that offer easy approval, flexible spending limits, simple rewards programs, attractive welcome bonuses, minimal fees, and tools to help you establish credit. Choose a card that reports your payment history to business credit bureaus, allowing you to build your business credit over time and access better financing options with responsible use.
Fit Small Business has partnered with CardRatings for our coverage of credit card products. Fit Small Business and CardRatings may receive a commission from card issuers.