The best high limit business credit cards give companies with $15,000 to $100,000 or more in monthly expenses the flexibility to put both large and routine purchases on one credit card. The best high limit credit cards offer introductory rewards worth up to $2,000 and ongoing rewards up to 5% back.
Top 9 High Limit Business Credit Cards September 2019
Best High Limit Business Credit Cards | Best For |
|---|---|
(Best Overall) No preset spending limit | |
Maximizing travel rewards at a lower annual fee | |
Earning 2x miles on all spending | |
Earning 2% cash back on all spending | |
Earning category rewards | |
Enjoying 0% financing for 12 months | |
Businesses wanting a high-limit personal credit card option | |
Earning rewards on travel and dining | |
Enjoying rewards with a low annual fee |
How Much High Credit Limit Cards Allow Owners to Spend
Business owners who apply for credit cards with high credit limits should expect to receive a credit limit of $15,000 to $100,000 or more. You won’t know your own credit limit until after you’re approved for a business credit card. If you don’t receive the limit you wanted, wait at least six months before asking the issuer for an increase.
Some charge cards come with no preset spending limit, which gives cardholders the flexibility to make large purchases without having to worry about hitting their credit limit or asking for an increase.
How to Get the Best High Limit Business Credit Cards
Your credit limit is, in part, tied to your credit score, which means the highest credit limits typically are reserved for cardholders with high credit scores of at least 800. All of the cards on our list of the best high limit credit cards are for owners with excellent credit of at least 750.
But issuers take other factors into account as well. This is how to get a high limit credit card: Make sure you don’t have too much debt relative to your financial resources and don’t make late payments. A high credit score alone does not guarantee you’ll receive a high credit limit. If you receive a card and you find the limit low, there are ways to increase your credit limit.
What Is the Average Credit Card Limit?
A high credit limit is a relative term because one business might need $10,000 of available credit to manage expenses, while another might need $100,000. But government data shows what the average credit card limit looks like by credit score:
- 720 to 850 credit score: Approximately $10,000
- 660 to 719 credit score: Approximately $6,000
- 630 to 659 credit score: Approximately $3,000
- 580 to 629 credit score: Approximately $2,000
Any credit limit greater than $10,000 is above average, but credit cards with the highest limits tend to offer much higher credit lines of $100,000 or more. And remember: If you don’t like your initial credit limit, you may be able to get it increased over time. One way to increase your credit limit is to regularly report your income to your card issuer.
What Is the Highest Credit Card Limit?
Since issuers don’t disclose the maximum credit limits they allow, it’s impossible to say what the highest credit card limit is. But users have reported in online forums that they’ve received a credit limit as high as $225,000 on a single credit card. A $15,000 to $75,000 limit is probably closer to an average range for a high limit credit card.
What’s Changed With the Best High Limit Credit Cards
Recent updates to our list of the best high limit business credit cards include one small business credit card that increased introductory rewards in September 2019. Additionally, the Federal Reserve cut short-term interest rates July 2019. This article was originally published in February 2019. SEE THE LATEST CHANGES IN DETAIL
American Express Business Platinum Card® Increases Intro Offer
In September 2019, the American Express Business Platinum Card® increased its introductory offer to 100,000 bonus points. You’ll earn up 50,000 points after spending $10,000 within the first three months. You’ll receive an additional 50,000 points after you spend an extra $15,000 within the first three months. Previously, this card offered a sign-up bonus of up to 75,000 bonus points after spending $20,000 within three months.
American Express® Business Gold Card Changes Intro Offer
The American Express® Business Gold Card introduced a new sign-up bonus in August 2019. Cardholders will now receive up to $500 back in the form of statement credits by purchasing qualifying services with FedEx within the first three months. This limited-time offer ends November 6, 2019. Previously, this card offered 35,000 bonus points after spending $5,000 within three months and free one-year memberships to G Suite Basic and ZipRecruiter Standard.
Federal Reserve Cuts Short-term Interest Rates
In July, the Federal Reserve cut short-term interest rates for the first time in more than a decade. We monitor the Fed’s rate-setting committee because when it changes the prime rate by either raising or lowering the cost for banks to borrow from each other, it could impact your cost of borrowing as well.
Small business credit card rates are tied to the prime rate, although not all banks immediately acted to change credit card APRs following the Fed’s action. American Express and Chase have cut interest rates on their credit cards by a quarter percentage point—the same amount the Fed cut the prime rate by—but other issuers have been slower to follow.
How We Evaluated High Limit Business Credit Cards
We looked for the best small business credit cards that either offer no preset spending limits or cards that have reported limits of $15,000 to more than $100,000. You’ll want a card with a credit limit significantly higher than your average spending. This will keep your credit utilization low and protect your credit score, which must be at least 750 to qualify for these cards.
We considered these features in determining the best high limit credit cards:
- Credit limit: How much you can charge to a card without paying down part of the credit line. We looked for reports of credit limits of $15,000 to over $100,000.
- Annual fee: How much it costs to own high credit limit cards. We found ranges of $25 to $595, but cards on this list offer rewards and perks worth at least as much as the fee.
- Introductory rewards: What you’ll earn for reaching minimum spending requirements within several months of card ownership. Cards on this list offer rewards worth up to $1,000 on required spending up to $50,000 within the first three to six months.
- Ongoing rewards: The points or cash back you’ll earn by using your business card. Cards on our list offer either a fixed rate on all spending up to 2% or 2x points, or tiered rewards worth up to 5% or 5x points in certain bonus categories.
- Additional benefits: Free perks that may increase the value of the card, like airport lounge access, rental car insurance, and cellphone protection.
- APR: How much financing credit cards with high limits cost. APRs range from 0% on charge cards that must be paid off monthly to a variable rate of more than 20%.
All of the cards on our list require excellent credit of at least 750 to qualify. To earn the highest limits, you’ll need to have a credit score of at least 800. Issuers also may examine other factors, like the amount of monthly debt you have relative to your income. If your personal credit falls below this threshold, consider one of the best small business cards for fair credit.
After examining what business owners should look for in a high limit credit card, we named the American Express Business Platinum Card® the best overall high limit business credit card. This card has no preset spending limit, meaning you could make a large purchase without having to worry about hitting your credit limit. It also offers fantastic perks—like a $200 annual travel credit—that are worth well more than what the other best high limit credit cards offer.
American Express Business Platinum Card®: Overall Best High Limit Business Credit Card
The Business Platinum® Card from American Express
- Welcome Offer: Earn up to 100,000 Membership Rewards® points.
- Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 50,000 points after you spend an additional $15,000 all on qualifying purchases within your first 3 months of Card Membership.
- Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
- Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
- 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.
- Enroll to get up to $200 in statement credits annually by getting up to $100 semi-annually for U.S. purchases with Dell. Terms apply.
- Get one year of Platinum Global Access from WeWork. With this membership, you can access 300+ premium, inspiring workspaces in 75+ cities. To get this exclusive offer, enroll between 2/15/2019 and 12/31/2019.
- Terms Apply
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | N/A | $595 | Good, Excellent |
on The Business Platinum® Card from American Express's secure website.
The American Express Business Platinum Card® is the best high limit credit card for businesses with big travel budgets that can afford to put more than $8,000 a month on the card (to earn the bonus). Unlike other cards on this list, this is a charge card that carries no APR, but you’ll have to pay the balance off in full each month.
American Express Business Platinum Card® Costs
The American Express Business Platinum Card® is a charge card, so you must pay it off every month. While there is no APR cost, you’ll only offset the annual fee cost if you use the card quite a bit to travel, and you’ll still have to pay a late penalty if you miss a payment.
Financing costs and fees on the American Express Business Platinum Card® include:
- Credit limit: No preset spending limit
- Introductory APR: None
- Regular APR: None
- Annual fee: $595
- Balance transfer fee: Transfers are not allowed
The $595 annual fee you’ll pay is the highest among the cards on this list. But perks like free airport lounge access and reimbursement for Global Entry or TSA Pre✓® airport screening programs could be worth several thousand dollars annually. This card carries far more potential value than any other card on our list.
American Express Business Platinum Card® Rewards
The American Express Business Platinum Card® offers strong rewards for airplane travelers and business owners who frequently stay in hotels. You’ll earn five points per dollar spent on airfare and hotels booked through American Express Travel. That’s three points more than another travel rewards card on our list—Capital One® Spark® Miles for Business—offers.
Introductory Rewards
You’ll earn up 50,000 points after you spend your first $10,000 within the first three months. Plus, you’ll receive an extra 50,000 points after you spend an additional $15,000 within the first three months. These 100,000 bonus points can be worth up to $1,000 in travel. In comparison, you can also earn a sign-up bonus worth $1,000 in travel through Chase Ink Business PreferredSM. However, that card has a preset spending limit.
Ongoing Rewards
You’ll earn the following ongoing rewards for travel and large purchases:
- 5x points on flights and prepaid hotels booked through AmexTravel.com
- 1.5x points per dollar on purchases of $5,000 or more, up to 1 million additional points per year
- 1x points on all other spending
No other card on our list offers a better return on airfare or hotel purchases, and the American Express Business Platinum Card® is the only card to offer bonus points on purchases of $5,000 or more. That makes this card ideal for businesses looking for the best high limit credit cards to make large purchases.
How to Redeem Rewards
You can redeem your points in one of seven ways:
- Statement credit: Apply your points to pay for charges on your credit card statement (1,000-point minimum)
- Travel: Book travel on American Express Travel (5,000-point minimum) and receive 35% of your points back; you can also transfer points to another frequent flyer program for a fee of 0.0006 cents per point, with a maximum fee of $99
- Gift cards: Redeem your points for gift cards through www.amexgiftcard.com
- Amazon.com: After you add your card to your Amazon account and use it at least once, you can use your points on Amazon purchases
- Ticketmaster: Redeem a minimum of 2,000 points on Ticketmaster to purchase event tickets
- AXS: Redeem a minimum of 2,000 points on AXS to purchases event tickets
- Taxi fares: Redeem your points for fares—including tips—in certain taxis in New York City
Point redemption values vary based on how you redeem points. You can, for example, redeem 50,000 points for up to $500 worth of gift cards, flights, and Uber rides and up to $350 in prepaid hotel stays.
American Express Business Platinum Card® Additional Features
The ongoing rewards alone probably aren’t enough to justify the $595 annual fee. The exceptional suite of benefits, though, more than makes up for the annual fee if you own a business that can take advantage.
The American Express Business Platinum Card® includes:
- American Express lounges: Free access to American Express’ network of Centurion lounges located in about one dozen U.S. airports
- Priority Pass Select membership: You’ll get free access to more than 1,000 lounges worldwide for you and two guests
- Airport screening reimbursement: Receive either a $100 statement credit for Global Entry once every four years or $85 statement credit for TSA Pre✓® once every 4.5 years
- Travel credit: Earn up to $200 in annual statement credits toward air travel expenses like baggage fees and inflight food and drink
- Car rental status: Elite status at a number of car rental agencies
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes
- Flight rebates: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year
- Workspace access: A complimentary year of access to more than 300 WeWork locations worldwide (enroll between February 15, 2019 and December 31, 2019)
- Computer credits: Up to $200 in statement credits annually for Dell purchases
While cards like the Chase Sapphire Reserve® offer TSA Pre✓® reimbursement and air travel credits, no other card on this list offers close to the full range of travel benefits that the American Express Business Platinum Card® offers.
What American Express Business Platinum Card® Is Missing
The American Express Business Platinum Card® doesn’t offer competitive rewards for spending outside of travel. The American Express® Business Gold Card, for example, offers 4x points on spending at U.S. restaurants and on advertising used to promote your business. Also, since this is a charge card, you’re required to pay your balance off each month. Other cards on this list allow you to carry balances, although you’ll pay a financing charge.
American Express Business Platinum Card® Reviews
We considered both user reviews and our own editorial review when rating this card. American Express Business Platinum Card® reviews are typically very positive. The travel-related benefits, like annual statement credits for travel expenses, get high marks. However, this American Express business card is not good for earning rewards outside of travel spending.
User Reviews
Users consider this American Express business credit card to be the best in its class, with tremendous rewards for flights and hotels. Customers also love the travel-related perks, like access to airport lounges. Some users think the annual fee is excessive.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. The American Express Business Platinum Card® is a well-reviewed credit card that’s widely recognized as much for its travel rewards as its suite of travel-related benefits. No other business rewards credit card can beat the American Express card when it comes to perks. But its annual fee can be a burden on some businesses, and it lacks rewards in other spending categories.
How to Apply for American Express Business Platinum Card®
You can sign up for an American Express Business Platinum Card® by filling out an online application that only takes a few minutes. You could get a decision in as quickly as 30 seconds and be using your card within two to three days.
Chase Ink Business PreferredSM: Best for Maximizing Rewards at a Lower Annual Fee
Ink Business Preferred℠ Credit Card
- Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
- Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
- No foreign transaction fees
- Employee cards at no additional cost
- $95 Annual Fee
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 17.99% - 22.99% Variable | $95 | Good - Excellent |
On Chase's Secure Website
Chase Ink Business PreferredSM is the best high limit credit card for businesses that want to earn big rewards without paying an annual fee of several hundred dollars. You’ll earn three points per dollar spent on travel, shipping, and advertising purchases, as well as internet, cable, and phone spending. You’ll pay an ongoing variable APR as low as 17.99%.
Chase Ink Business PreferredSM Costs
Chase Ink Business PreferredSM charges an annual fee of $95 and doesn’t offer any introductory financing. Its ongoing variable APR ranges between 17.99% and 22.99%.
Financing costs and fees on the Chase Ink Business PreferredSM include:
- Introductory APR: None
- Ongoing APR: 17.99% to 22.99%, which adjusts with the prime rate
- Annual fee: $95
- Balance transfer fee: $5 or 5% of the transferred balance, whichever is greater
The $95 annual fee charged by Chase Ink Business PreferredSM is similar to what Capital One® Spark® Cash for Business and Capital One® Spark® Miles for Business charge. Their annual fees are waived the first year, however. The annual fee on this Chase business credit card is lower than the $595 fee the American Express Business Platinum Card® charges.
Your Chase Ink Business PreferredSM credit limit will be determined based on your credit score, debt-to-income ratio, and other factors at the time of application.
Chase Ink Business PreferredSM Rewards
The Chase Ink Business PreferredSM card offers top-notch rewards on travel spending (3x per dollar) while charging an annual fee under $100. There’s one other card on our list that offers better travel benefits (the American Express Business Platinum Card®), but if your business travels modestly or you object to high annual fees, Chase Ink Business PreferredSM is the better pick.
Introductory Rewards
You’ll earn 80,000 Ultimate Rewards points when you spend $5,000 within the first three months. This is one of the best introductory offers on our list. The American Express Business Platinum Card® offers 100,000 bonus points within your first three months of opening your account if you make $25,000 in purchases.
Ongoing Rewards
You’ll earn the following rewards when using your card:
- 3 points per dollar on the first $150,000 spent in combined purchases each account anniversary year in these categories: travel, shipping, advertising on search engines and social media sites, and on internet, cable, and phone services
- 1 point per dollar spent on everything else
If your business spends heavily in the three-point categories, this card may well be worth it to you. Only the American Express® Business Gold Card offers higher rewards (4x) on travel, shipping, and advertising spending, but you’ll pay a higher annual fee of $295.
How to Redeem Rewards
Rewards points can be redeemed for airfare or other paid travel through Chase, gift cards, or statement credits against eligible charges. Like the American Express Business Platinum Card® and American Express® Business Gold Card, Chase Ink Business PreferredSM cardholders also can transfer points to airline and hotel partners. When redeemed for travel, the points are worth $1,000.
Chase Ink Business PreferredSM Additional Features
As you should expect with a high limit business credit card, Chase Ink Business PreferredSM includes benefits like auto rental insurance, but it also comes with perks other cards on our list don’t offer, like cellphone protection and trip cancellation insurance.
Chase Ink Business PreferredSM includes:
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less
- Cellphone protection: You and your employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim; you are limited to three claims per 12-month period, with a $100 deductible per claim
- Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $5,000 for prepaid expenses such as airfare or hotels; if your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation
Chase Ink Business PreferredSM offers some benefits no other card on our list offers, like cellphone insurance and trip cancellation insurance. Its other benefits, like purchase protection, are more widely available. Still, the American Express Business Platinum Card® offers more total benefits, including exhaustive travel perks like airport lounge access.
What Chase Ink Business PreferredSM Is Missing
The Chase Ink Business PreferredSM card is not among the best high limit balance transfer credit cards because it offers no 0% interest period on purchases or balance transfers. The card also lacks bonus rewards for spending on restaurants or gas spending, which are two bonus categories offered by the American Express® Business Gold Card.
Chase Ink Business PreferredSM Reviews
We considered both user reviews and our own editorial review when rating this card. Chase Ink Business PreferredSM reviews are extremely positive. Some reviews champion this travel rewards credit card over the American Express Business Platinum Card® because it offers huge value at a significantly lower cost.
User Reviews
We searched the internet for user reviews of this Chase small business credit card. While Chase Ink Business PreferredSM charges an annual fee, cardholders love the high introductory rewards and the ongoing points that they earn in different spending categories. Some users say they’re disappointed the card doesn’t offer more travel benefits.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. We find this card to be equal to or narrowly behind the American Express Business Platinum Card® as the best small business travel credit card. It’s a better travel credit card for businesses that don’t want or need luxury travel benefits. Some reviewers are disappointed the card doesn’t offer more bonus categories.
How to Apply for Chase Ink Business PreferredSM
You can apply online to see if you qualify for the Chase Ink Business PreferredSM card and get an answer within minutes. You may be required to verify some business information offline, depending on your situation, but once approved, you’ll typically be able to use your card when you receive it in seven to 10 days.
Capital One® Spark® Miles for Business: Best for Fixed-rate Travel Rewards
Capital One® Spark® Miles for Business
- Earn unlimited 2 miles per $1 on every purchase, everywhere
- Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
- Receive up to $100 credit for one Global Entry or TSA Pre✓® application fee
- Fly on any airline, anytime, with no blackout dates or seat restrictions
- $0 intro annual fee for the first year; $95 after that
- $0 fraud liability if your card is lost or stolen
- Free employee cards which also earn unlimited 2x miles from their purchases
- No foreign transaction fees
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 18.74% (Variable) | $0 intro for first year; $95 after that | Excellent, Good |
on Capital One® Spark® Miles for Business's secure website.
Capital One® Spark® Miles for Business is best for businesses that want to earn unlimited 2x miles per $1 on all spending. This type of ongoing rewards is suited for businesses that have a variety of spending needs and don’t want to track category bonuses. The ongoing APR is 18.74% variable.
Capital One® Spark® Miles for Business Costs
The Capital One® Spark® Miles for Business is one of just two business credit cards on our list—along with the Capital One® Spark® Cash for Business—that has an annual fee, but waives it for the first year.
Financing costs and fees on the Capital One® Spark® Miles for Business include:
- Introductory APR: None
- Ongoing APR: 18.74% variable, which adjusts with the prime rate
- Annual fee: $95, waived for the first year
- Balance transfer fee: None
The waived annual fee during the first 12 months could be a solid benefit if you want to test drive a card but aren’t sure if you want to keep it. The $95 annual fee in the second year and beyond is identical to what Chase Ink Business PreferredSM charges.
Your Spark business credit card limit will be determined based on your credit score, debt-to-income ratio, and other factors at the time of application.
Capital One® Spark® Miles for Business Rewards
The Capital One® Spark® Miles for Business card offers the best flat-rate business travel rewards on our list, giving you unlimited 2x miles per $1 on every purchase. Introductory rewards are worth $500 in travel.
Introductory Rewards
You’ll earn 50,000 miles—equal to $500 in travel—when you spend $4,500 in the first three months of account opening. The sign-up bonus on this card is less than what you’d earn with either the American Express Business Platinum Card® or Chase Ink Business PreferredSM.
Ongoing Rewards
Earn unlimited 2x miles per $1 on every purchase. There are no minimums you must meet in order to redeem these reward miles. The fixed-rate rewards are not quite as good as the 3x points you’d earn by paying for your airfare with Chase Sapphire Reserve®, but that card comes with a much higher $450 annual fee and pays just 1x points on all non-bonus category spending.
How to Redeem Rewards
You can redeem your rewards in one of six ways:
- Redeem for new travel reservations: You can book flights, car rentals, or hotels using your miles; for every $1 of travel, you’ll need to redeem 100 points
- Redeem for past travel purchases: You can redeem your rewards for past travel purchases made on your card; redemptions must be made within 90 days from the date your travel purchase shows on your account
- Transfer to a select travel partner: You can transfer your miles to 15 select loyalty programs; your rewards may be worth more in free travel when you transfer to one of these partners
- Statement credit or check: You can also redeem your points as cash back in the form of a statement credit or a check by mail; redemption value is 1 cent per point
- Redeem for gift cards: You can redeem your rewards for gift cards at restaurants, retailers, or hotels
- Automatic redemption: You can receive them at a set time each calendar year or when a threshold has been reached—$25, $50, $100, $200, $500, or $1,500
Paying for past travel is a unique benefit among travel rewards business credit cards.
Capital One® Spark® Miles for Business Additional Features
Like Capital One® Spark® Cash for Business, Capital One® Spark® Miles for Business offers several perks through Visa Signature benefits. But Capital One® Spark® Miles for Business also offers reimbursement once every four years for either Global Entry or TSA Pre✓®.
The Capital One® Spark® Miles for Business includes the following additional benefits:
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or $85 statement credit for TSA Pre✓® once every four years
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad
- Purchase protection: Covers your new purchases for up to 90 days against damage or theft, up to $10,000 per claim
- Lost luggage reimbursement: Checked or carry-on luggage is covered up to $3,000 if lost or stolen when you charge your ticket to the card
No other small business credit card with an annual fee as low as Capital One® Spark® Miles for Business charges offers a statement credit for airport security screening programs. The American Express Business Platinum Card® offers the same benefit, but you’ll pay a $595 annual fee to enjoy it.
What Capital One® Spark® Miles for Business Is Missing
Capital One® Spark® Miles for Business doesn’t offer enhanced bonus category rewards. You could earn as much as 4x points on U.S. purchases at gas stations with the American Express® Business Gold card, or twice what you’d earn with Capital One® Spark® Miles for Business. If you don’t travel much by plane, then this isn’t a very good card for you.
Capital One® Spark® Miles for Business Reviews
We considered both user reviews and our own editorial review when rating this card. Capital One® Spark® Miles for Business reviews are very good. Reviewers say the card is a solid value, particularly for small business owners who don’t have the time or interest to track category spending for bonus rewards. For everyday spending, this card offers more value than most cards, which pay just 1x points.
User Reviews
Users note the lack of an introductory APR and some complain the rewards are focused on travel rather than more flexible cash-back rewards. However, most customers report a positive experience with the card.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. Reviewers favor the simple structure of this Capital One small business credit card’s rewards program. Capital One sets no rewards caps, which may make this card more valuable over the course of a year than other cards with bonus categories.
How to Apply for Capital One® Spark® Miles for Business
You can get the Capital One® Spark® Miles for Business card by filling out an online application with your personal and business information. You will either be approved immediately or be required to submit proof of income by mail. Once approved, you’ll receive your card in seven to 10 business days.
Capital One® Spark® Cash for Business: Best for Fixed-rate, Cash-back Rewards
Capital One® Spark® Cash for Business
- Earn unlimited 2% cash back for your business on every purchase, everywhere
- Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
- $0 annual fee for the first year; $95 after that
- $0 Fraud Liability if your card is lost or stolen
- Free employee cards, which also earn unlimited 2% 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
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 18.74% (Variable) | $0 intro for first year; $95 after that | Excellent, Good |
on Capital One® Spark® Cash for Business's secure website.
The Capital One® Spark® Cash for Business card is the best high limit credit card for businesses that want to earn 2% cash back on all spending. This type of ongoing rewards is suited for businesses that have a variety of spending needs and don’t want to track category bonuses. The ongoing APR is 18.74% variable.
Capital One® Spark® Cash for Business Costs
Capital One® Spark® Cash for Business offers a very competitive annual fee of $95 (waived the first year) compared with other high credit limit credit cards. Only American Express Blue Business® Plus charges less ($0 annual fee).
Financing costs and fees on the Capital One® Spark® Cash for Business include:
- Introductory APR: None
- Ongoing APR: 18.74% variable, which adjusts with the prime rate
- Annual fee: $95, waived for the first year
- Balance transfer fee: None
If you must finance your high limit balance, the APR on this card is about average for cards on this list. This card is not an ideal high limit balance transfer credit card because it offers no introductory APR.
The Spark business credit card limit set at the time of your card approval will be determined based on factors like your credit score and debt-to-income ratio at the time of application.
Capital One® Spark® Cash for Business Rewards
This card pays 2% cash back on all spending, the highest flat-rate, cash-back return among the cards on this list. Other cards offer higher returns in bonus category spending, like the 5x points the American Express Business Platinum Card® pays on airfare and hotels. However, that card fares much worse in everyday spending, at 1x points.
Introductory Rewards
You’ll earn a one-time $500 cash bonus when you spend $4,500 on purchases within the first three months of account opening. The introductory reward on Capital One® Spark® Cash for Business is worth less than what either the American Express Business Platinum Card® (100,000 points) or Chase Ink Business PreferredSM (80,000 points) offer.
Ongoing Rewards
You’ll earn unlimited 2% cash back on all purchases. You’ll earn less on certain spending than cards with bonus categories, like Chase Ink Business PreferredSM, which pays three points per dollar on travel and other categories. But since Capital One® Spark® Cash for Business pays a fixed rate on all spending, this card may be a more lucrative option for everyday use than other cards.
How to Redeem Rewards
You can redeem your rewards in one of four ways:
- Statement credit or check: You can get your cash back upon request in the form of a statement credit or a check by mail
- Redeem for a purchase: You can redeem your rewards for a recent transaction made on your Capital One business credit card
- Redeem for gift cards: You can redeem your rewards for gift cards at restaurants, retailers, or hotels; your gift card will arrive within two to three weeks
- Automatic redemption: You can receive them at a set time each calendar year or when a threshold has been reached―$25, $50, $100, $200, $500, or $1,500
If you want to redeem your rewards for travel, this isn’t the best small business credit card for you. Choose this card only if you want to redeem your rewards to put money back into your company.
Capital One® Spark® Cash for Business Additional Features
According to Capital One’s website, you’ll receive additional features like car rental insurance, purchase protection, and lost luggage reimbursement. These perks fall short of other cards on our list.
Capital One offers several perks through its Visa Signature benefits, including:
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad
- Purchase protection: Covers your new purchases for up to 90 days against damage or theft, up to $10,000 per claim
- Lost luggage reimbursement: Checked or carry-on luggage is covered up to $3,000 if lost or stolen when you charge your ticket to the card
These benefits are fairly standard, although the length of coverage on purchase protection is less than the 120 days American Express Blue Business® Plus offers. Chase Ink Business PreferredSM offers other perks, like cell phone insurance, that this card doesn’t offer.
What Capital One® Spark® Cash for Business Is Missing
Other cards offer better rewards in specific expense categories, like Chase Ink Business PreferredSM, which pays three points per dollar on travel, shipping, and advertising on search engines. Receiving 2% cash back on all purchases is great for businesses that spend in a variety of different categories or don’t want to track category spending.
Capital One® Spark® Cash for Business Reviews
We considered both user reviews and our own editorial review when rating this card. Capital One® Spark® Cash for Business reviews are mostly positive. The fixed-rate rewards program is highly rated, but the card might not be right for all business owners because it carries a $95 annual fee, waived the first year.
User Reviews
Users love the strong cash-back rewards program. Some users indicate they are disappointed that Capital One reports card activity to both personal and business credit bureaus. Some, but not all, issuers only report business card activity to the business credit bureaus.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. Capital One® Spark® Cash for Business is one of the best small business credit cards available. Its simple rewards program—earn 2% cash back on everything—should appeal to businesses with diverse spending needs.
How to Apply for Capital One® Spark® Cash for Business
You can apply online for Capital One® Spark® Cash for Business. You’ll typically get an immediate decision. Once approved, you’ll get your card in seven to 10 business days.
American Express® Business Gold Card: Best for Earning Category Rewards
American Express® Business Gold Card
- Earn up to $500 back in the form of statement credits by purchasing qualifying services with FedEx using your American Express® Business Gold Card within the first 3 months of Card membership.
- Limited time Offer ends 11/06/2019.*
- MORE REWARDS: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month**
- **4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
- AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
- PAY OVER TIME OPTION: A flexible payment option to help manage cash flow on purchases of $100 or more.*
- Access to the Working Capital Terms program: get additional funding beyond what you can spend on Business Gold with this flexible funding solution designed to pay U.S. based vendor invoices directly when cards are not accepted.*
- *Terms Apply
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 15.99% - 23.99% Variable | $295 | Good, Excellent |
on American Express® Business Gold Card's secure website.
The American Express® Business Gold Card is an ideal high limit credit card for businesses that budget to spend plenty of money in multiple spending categories. It pays 4x points on the two categories in which you spend the most. You could earn bonus points on categories like airfare purchased directly from a passenger carrier and advertising to promote your business.
American Express® Business Gold Card Costs
Like the American Express Business Platinum Card®, the American Express® Business Gold Card is a charge card, which means your American Express business card limit is not preset. However, American Express has added a wrinkle to this charge card by automatically enrolling users in its Pay Over Time program, which allows cardholders to finance eligible purchases of $100 or more.
Financing costs and fees on the American Express Business Gold Card include:
- Introductory APR: None
- Regular APR: 15.99% to 23.99% variable, which adjusts with the prime rate
- Annual fee: $295
- Balance transfer fee: Transfers are not allowed
The annual fee is considerably higher than the $95 charged by the Capital One® Spark® Miles for Business card (waived the first year). The fee is, however, considerably lower than what the American Express Business Platinum Card® charges.
American Express® Business Gold Card Rewards
The American Express® Business Gold Card offers lucrative ongoing rewards up to 4x points in the two categories where you spend the most. However, it offers a unique sign-up bonus that caters to FedEx purchases, which may not be beneficial to all business owners.
Introductory Rewards
You’ll earn up to $500 back in the form of statement credits by purchasing qualifying services with FedEx within the first three months of card membership. This limited-time offer ends November 6, 2019. If you’d like to earn a traditional introductory reward—one that doesn’t cater to FedEx services—consider the American Express Business Platinum Card®. That card offers up to 100,000 bonus points when you spend $25,000 within the first three months.
Ongoing Rewards
You’ll earn the following ongoing rewards for spending in categories like airfare or restaurants:
- 4x points in the two categories where you spend the most each billing cycle, up to $150,000 in combined eligible purchases each calendar year:
- Airfare purchased directly from airlines
- U.S. purchases for advertising in select media (online, TV, radio)
- U.S. purchases made directly from select technology providers of computer hardware, software, and cloud solutions
- U.S. purchases at gas stations
- U.S. purchases at restaurants
- U.S. purchases for shipping
- 2x points on travel booked through AmexTravel.com
- 1x points on all other eligible spending
This is the only card on our list in which your bonus categories change from month to month based on your spending patterns. This card offers higher rewards than the 3x offered by Chase Ink Business PreferredSM in similar bonus categories.
How to Redeem Rewards
You can redeem your points in one of seven ways:
- For your charges: Use your points for your eligible charge on your current statement; you must have at least 1,000 available points in your account
- Travel: Use points to book travel on American Express Travel, for which you will get 25% of your points back.; minimum redemption is 5,000 points; you can also transfer points to one of the issuer’s travel partners
- Gift cards: Purchase American Express gift cards through www.amexgiftcard.com
- Amazon.com: To use points at Amazon, you must first load your card into your Amazon account and use your card at least once
- Ticketmaster: You can redeem your points on Ticketmaster to purchase event tickets; minimum redemption is 2,000 points
- AXS: You can redeem your points on AXS to purchase event tickets; minimum redemption is 2,000 points
- Taxi fares: Redeem your points for fares—including tips—in certain taxis in New York City
American Express tends to have the most redemption options among the best high limit business credit cards. But not all of the options offer the best redemption rate. Make sure to check how much each point is worth at the time of redemption.
American Express® Business Gold Card Additional Features
The American Express® Business Gold Card offers additional features seen on most business credit cards. However, for a card that charges a high annual fee, it lacks some of the more robust perks.
The following benefits are included on the American Express Business® Gold Card:
- Premium roadside assistance: Receive free of charge, up to four times a year, towing up to 10 miles, winching, jump starts, flat tire change, lockout service when the key is in the vehicle, and delivery of up to two gallons of fuel
- Return protection: American Express will refund you for eligible purchases when the merchant will not accept returns of undamaged items; coverage is limited to 90 days from purchase, up to $300 per item, and up to a maximum of $1,000 per account per calendar year
- Baggage insurance: If your luggage is lost, damaged, or stolen, you’re eligible for coverage of up to $1,250 for carry-on baggage and $500 for checked bags
- Extended warranty: Receive one additional year of warranty service on purchases with warranties of five years or less
- Purchase protection: Your eligible purchases are covered against accidental damage or theft for 90 days, up to $1,000 per occurrence
The American Express® Business Gold Card offers fewer benefits than you might expect from a card that charges a $295 annual fee. It is missing travel benefits like the TSA Pre✓® reimbursement and the free airport lounge access that the American Express Business Platinum Card® offers ($595 annual fee).
What American Express® Business Gold Card Is Missing
The American Express® Business Gold Card offers an introductory bonus that is only lucrative to business owners who use FedEx services. You could earn bonus points that you can redeem for travel through other high limit credit cards. Chase Ink Business PreferredSM card offers 80,000 Ultimate Rewards points and charges a $95 annual fee.
American Express® Business Gold Card Reviews
We considered both user reviews and our own editorial review when rating this card. American Express® Business Gold card reviews are generally favorable. Users enjoy the bonus category rewards, but the introductory rewards may not be beneficial to most business owners.
User Reviews
Users generally love this card because it has no preset spending limit and earns hefty rewards on bonus category spending. Some users caution that the pricey annual fee limits its appeal for businesses that don’t have huge expenses.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. Although this card now offers an introductory bonus that isn’t typical, our editorial review found the value for most small business owners within the ongoing rewards. You can maximize your rewards by earning 4x points in the two categories where you spend the most each month.
How to Apply for American Express® Business Gold Card
You can sign up for an American Express® Business Gold Card by filling out an online application that only takes a few minutes. You could get a decision in as quickly as 30 seconds and receive your card within 10 business days.
American Express Blue Business® Plus: Best for Carrying a Balance
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, 14.99%, 17.99% or 20.99%, 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 | 14.99% - 20.99% Variable | No annual fee | Good, Excellent |
on The Blue Business® Plus Credit Card from American Express's secure website.
The American Express Blue Business® Plus is best for businesses that want free financing on purchases or balance transfers. It’s the only business credit card on our list with an introductory offer—an outstanding 0% APR on purchases and balance transfers for 12 months. The ongoing APR is as low as 14.99%.
American Express Blue Business® Plus Costs
The American Express Blue Business® Plus is the only card on our list that doesn’t charge an annual fee. It’s also the only card that offers a 0% introductory interest rate on purchases and balance transfers. Financing purchases for the first 12 months will be free, as long as you pay the balance by the end of the introductory period.
Financing costs and fees on the American Express Blue Business® Plus include:
- Introductory APR: 0% for 12 months on purchases and balance transfers
- Ongoing APR: 14.99% to 20.99%, which adjusts with the prime rate
- Annual fee: None
- Balance transfer fee: $5 or 3% of the transferred balance whichever is greater
Balance transfers on this card, however, aren’t free because you’ll have to pay 3% of the cost of the transfer, or $450 on a $15,000 transfer. That’s still cheaper than a transfer with the Chase Ink Business PreferredSM. It charges 5% on balance transfers, or $750 on a $15,000 transfer, plus a higher ongoing APR.
American Express Blue Business® Plus Rewards
Cardholders earn 2x Membership Rewards points on all spending, which means there are no bonus categories to track. You’ll earn no introductory rewards.
Introductory Rewards
American Express Blue Business® Plus offers no sign-up bonus or other introductory rewards. It’s the only card on our list that offers no introductory rewards. This drawback is the reason why American Express Blue Business® Plus didn’t land higher on our list.
Ongoing Rewards
Earn the following ongoing rewards on all purchases:
- 2x points on all purchases up to $50,000 each year
- 1x points on all additional purchases
The return on ongoing rewards is similar to the two miles per dollar spent that you’d earn with the Capital One® Spark® Miles for Business card. Membership Rewards points can be redeemed for airfare or other paid travel through American Express Travel, gift cards, or statement credits against eligible charges. Cardholders also can transfer points to airline and hotel partners, as they can with the Capital One® Spark® Miles for Business card.
How to Redeem Rewards
You can redeem Membership Rewards points in seven different ways:
- For your charges: Use your points for your eligible charges on your current statement; you must have at least 1,000 available points in your account
- Travel: Use points to book travel on American Express Travel; minimum redemption is 5,000 points
- Gift cards: Purchase American Express gift cards through www.amexgiftcard.com
- Amazon.com: To use points at Amazon, you must first load your card into your Amazon account and use your card at least once
- Ticketmaster: You can redeem your points on Ticketmaster to purchase event tickets; minimum redemption is 2,000 points
- AXS: You can redeem your points on AXS to purchase event tickets; minimum redemption is 2,000 points
- Taxi fares: Redeem your points for fares—including tips—in certain taxis in New York City
Like other American Express small business cards that offer Membership Rewards points, this card offers similar redemption options. Be sure to check the per-point value when redeeming to ensure you’re getting the highest return possible.
American Express Blue Business® Plus Additional Features
American Express Blue Business® Plus offers robust additional card features that are common across business credit cards. You’ll receive protections like extended warranty protection and purchase protection.
The American Express Blue Business® Plus comes with protections against loss and damage, including:
- Extended warranty: The issuer will match the length of the original manufacturer’s warranty if it’s less than two years; American Express provides an additional two years if the original manufacturer’s warranty is between two and five years; coverage is limited to $10,000 per occurrence and $50,000 per account each year
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase; coverage is limited to $1,000 per occurrence and $50,000 per account each year
These benefits are fairly standard, although the length of coverage on purchase protection is more than the 90 days Capital One® Spark® Cash for Business offers. Chase Ink Business PreferredSM offers other perks, like cell phone insurance, that this card doesn’t offer.
What American Express Blue Business® Plus Is Missing
American Express Blue Business® Plus doesn’t offer introductory rewards, while other cards on our list offer potentially huge sign-up bonuses. Capital One® Spark® Cash for Business, for instance, offers a $500 cash bonus when you spend $4,500 in the first three months of account opening.
You’ll also earn fixed-rate ongoing rewards, which is bad for businesses that spend heavily in certain categories—like airfare or gas—where other cards offer enhanced rewards. The Chase Ink Business PreferredSM card, for example, pays three points per dollar on the first $150,000 spent in combined purchases each account anniversary year in categories like travel, cable services, and phone services.
American Express Blue Business® Plus Reviews
We considered both user reviews and our own editorial review when rating this card. American Express Blue Business® Plus reviews are generally positive, as owners credit the card with helping to grow their firms. The card’s points-based rewards system and its lengthy 0% introductory offer both draw praise.
User Reviews
We searched the internet to find user reviews for this card. Users say they value the 2x points you’ll earn in ongoing rewards and the issuer’s excellent customer service. Some users say they were disappointed this card doesn’t offer a sign-up bonus.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. American Express Blue Business® Plus is one of the best business credit cards for owners who want or need a break on financing. It offers a 0% introductory APR for 12 months. That’s one of the longest introductory periods available on a small business credit card. This card isn’t as valuable as some others that offer bonus category rewards of up to 5%.
How to Apply for American Express Blue Business® Plus
Apply for the American Express Blue Business® Plus credit card directly on the issuer’s website. If approved, the 12-month introductory APR period starts as soon as you receive your 0% business credit card.
Capital One® Venture®: Best High Limit Personal Credit Card
Venture® Rewards from Capital One®
- Earn 50,000 bonus miles once you spend $3,000 on purchases within the first 3 months from account opening
- Earn unlimited 2X miles per dollar on every purchase, every day — plus 10X miles on thousands of hotels, through January 2020
- No Foreign Transaction Fees You won't pay a transaction fee when making purchases outside of the United States.
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 17.49% to 24.74% Variable | $95 | Good - Excellent |
On Capital One's Secure Website
The Capital One® Venture® is a fantastic personal credit card for businesses that use hotels frequently, as it pays 10x miles on all spending at Hotels.com through January 2020. No other high limit credit card comes close to this rewards return. The ongoing APR is as low as 17.49% variable.
A personal credit card is a great option for a startup that might not yet qualify for a small business credit card or an owner looking for more flexible rewards options.
Capital One® Venture® Costs
Capital One® Venture® charges an annual fee of $95, which is waived over the first year. Plus, its ongoing variable APR ranges between 17.49% and 24.74%.
Financing costs and fees on the Capital One® Venture® include:
- Introductory APR: None
- Ongoing APR: 17.49% and 24.74% variable, which adjusts with the prime rate
- Annual fee: $95, waived the first year
- Balance transfer fee: 3% of the amount of each transferred balance that posts to your account at a promotional APR that may be offered; none for balances transferred at the transfer APR
This is not a great card to own if you want to transfer a balance, as it offers no introductory APR. If you need to carry a balance or make a balance transfer, choose American Express Blue Business® Plus, which comes with 0% introductory APR for 12 months on purchases and balance transfers.
Capital One® Venture® Rewards
You’ll earn fixed-rate miles on all purchases, along with a huge 10x bonus when you book a hotel through Hotels.com. Introductory rewards are worth $500.
Introductory Rewards
You’ll earn 50,000 bonus miles when you spend $3,000 on purchases within the first three months after account opening. That bonus is worth $500 in travel, which is not quite as good as the 80,000 points offered by Chase Ink Business PreferredSM.
Ongoing Rewards
Capital One® Venture® offers the following ongoing rewards:
- 2x miles on every purchase
- 10x miles on hotel stays booked through hotels.com/venture; this offer is good through January 2020
The Capital One® Venture® card offers the best fixed-rate travel rewards on our list (tied with Capital One® Spark® Miles for Business), giving you 2x miles on every purchase. That’s not quite as good as the 3x points you’d earn by paying for your airfare with the Chase Sapphire Reserve®, but that card comes with a much higher $450 annual fee and pays just 1x points on all non-bonus category spending.
How to Redeem Rewards
You can redeem your rewards in one of six ways:
- Travel: Book flights, car rentals, or hotels. You’ll need to redeem 100 points for every dollar of travel
- Past travel purchases: You can redeem your rewards for past travel purchases made using your Capital One card; you must redeem your miles within 90 days from the date the travel purchase shows on your account
- Transfer to a select loyalty program: You can transfer your Capital One miles to 15 select loyalty programs, including Air Canada, JetBlue, Aeromexico, Emirates Skywards, Qantas, and Qatar Airways; your miles may be worth more in free travel when you transfer to one of these partners
- Statement credit or check: You can also redeem your points as cash back in the form of a statement credit or a check by mail. Redemption value is 1 cent per point
- Redeem for gift cards: You can redeem your rewards for gift cards at restaurants, retailers, or hotels; your gift card will arrive within two to three weeks
- Automatic redemption: You can receive your miles at a specific time every year or when you reach a set threshold ($25, $50, $100, $200, $500, or $1,500)
This is one of just a handful of cards on our list that allows you to transfer points to a partner airline. Other cards include the American Express Business Platinum Card®, Chase Ink Business PreferredSM, Capital One® Spark Miles® for Business, and Chase Sapphire Reserve®.
Capital One® Venture® Additional Features
Like the Capital One small business credit cards on our list, Capital One® Venture® offers several perks through Visa Signature benefits, including car rental insurance and purchase protection.
Capital One® Venture® offers the following perks:
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad
- Purchase protection: Covers your new purchases for up to 90 days against damage or theft, up to $10,000 per claim
- Lost luggage reimbursement: Checked or carry-on luggage is covered up to $3,000 if lost or stolen when you charge your ticket to the card
These benefits are fairly standard, although the length of coverage on purchase protection is less than the 120 days some other cards, like Chase Ink Business PreferredSM, offer.
What Capital One® Venture® Is Missing
Capital One® Venture® is a personal credit card, not a small business credit card, which means your card activity:
- Will be reported to consumer credit bureaus—both on-time payment activity and delinquencies will impact your personal credit score
- Will not be reported to business credit bureaus—you will have no opportunity to either establish or improve your business credit score
All of the business credit cards on our list report activity to business credit bureaus. Paying business credit card bills on time could help business owners find more favorable financing terms later on if they need to take out a business loan.
Capital One® Venture® Reviews
We considered user reviews and editorial reviews when rating this card. Capital One® Venture® Rewards reviews are mostly positive. The card earns high marks for its travel rewards, particularly its 10x miles on Hotels.com purchases.
User Reviews
Cardholders with positive experiences say they love the rewards return and appreciate how quickly they received their introductory rewards after meeting the spending requirement. Unfavorable reviewers say they’ve had customer service problems, including lengthy delays receiving the card and unresolved disputes over amounts owed.
Editorial Reviews
We rate credit cards based on their costs, rewards, and benefits. This card, of course, isn’t a business credit card—it’s a personal card. That’s this card’s biggest drawback in our eyes. You won’t be able to build business credit by using this card. That may not matter, however, if you find the rewards worthwhile.
How to Apply for Capital One® Venture®
Apply for the Capital One® Venture® directly on the issuer’s website. You may be approved instantly. Your new card will be delivered within seven to 10 business days.
Chase Sapphire Reserve®: Best High Limit Personal Credit Card for Travel Perks
Chase Sapphire Reserve®
- 50,000 Bonus points after you spend $4,000 on purchases in the first 3 months from account opening
- Automatically receive up to $300 in statement credits as reimbursement for travel purchases charged to your card each account anniversary year
- 3x Points on Travel and Dining
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 18.74% to 25.74% Variable | $450 | Good - Excellent |
On Chase's Secure Website
Note: The information related to Chase Sapphire Reserve® has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.
Chase Sapphire Reserve® is best for business owners who want a personal credit card, but also need excellent travel benefits. It offers airport lounge access, an annual $300 travel credit, and reimbursement for TSA Pre✓® membership. Ongoing APR is as low as 18.99%.
Chase Sapphire Reserve® Costs
Chase Sapphire Reserve® charges a high annual fee of $450, making it the second-most expensive high limit credit card on our list. Additionally, it offers no introductory financing period and its ongoing APR starts at 18.99%.
Financing costs and fees on the Chase Sapphire Reserve® include:
- Introductory APR: None
- Ongoing APR: 18.99% to 25.99%, which adjusts with the prime rate
- Annual fee: $450
- Balance transfer fee: $5 or 5% of the transferred balance, whichever is greater
The only card on our list that charges a higher annual fee than the Chase Sapphire Reserve® is the American Express Business Platinum Card®. That card offers better benefits, including exclusive access to Centurion lounges, but this Chase card could be a better deal for business owners who dine frequently, as it offers 3x Ultimate Rewards points on all restaurants.
The average credit limit on Chase Sapphire Reserve® likely will increase with higher credit scores. Your credit limit will be determined based on your credit score, your debt-to-income ratio, and other factors.
Chase Sapphire Reserve® Rewards
This card offers excellent ongoing rewards on travel and dining worldwide and an introductory offer worth at least $750 in travel.
Introductory Rewards
You’ll earn 50,000 Ultimate Rewards points when you spend $4,000 on purchases within the first three months after account opening. You’ll earn fewer introductory points on this card than on the American Express Business Platinum Card® (100,000).
Ongoing Rewards
Earn the following ongoing rewards on your card:
- 3x points on travel and restaurant dining worldwide
- 1x points on all other spending
Chase Sapphire Reserve® has a lower return on travel spending compared with the American Express Business Platinum Card® (5x), but the redemption value is boosted 1.5 times when used on the Chase travel portal. That means all travel spending is worth 4.5 cents per dollar spent.
How to Redeem Rewards
You can redeem your points for cash, gift cards, or travel. When you use points to redeem for cash, each point is worth 1 cent. When you redeem points for travel booked through Chase’s online travel portal, each point is worth 1.5 cents. For example, 50,000 points are worth $750 towards travel, or $500 when redeemed for cash.
Chase Sapphire Reserve® Additional Features
Like the American Express Business Platinum Card®, the Chase Sapphire Reserve® offers several premium travel benefits, including airport lounge access and airport security screening application reimbursements.
Chase Sapphire Reserve® provides the following perks:
- Airport lounge access: Enjoy access to more than 1,000 Priority Pass lounges worldwide for free prior to airline travel
- Annual travel credit: You’ll receive a $300 annual travel credit that can be applied liberally toward your travel purchases
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or $85 statement credit for TSA Pre✓® once every four years
The travel credit is much easier to redeem on this card than on the American Express Business Platinum Card® because Chase has a much more liberal definition of travel, which includes more than just baggage and incidental fees on airline travel.
What Chase Sapphire Reserve® Is Missing
Chase Sapphire Reserve® is a personal credit card, not a small business credit card, which means your card activity:
- Will be reported to consumer credit bureaus—both on-time payment activity and delinquencies will impact your personal credit score
- Will not be reported to business credit bureaus—you will have no opportunity to either establish or improve your business credit score
All of the business credit cards on our list report activity to business credit bureaus. Paying business credit card bills on time could help business owners find more favorable financing terms later on if they need to take out a business loan.
Chase Sapphire Reserve® Reviews
We considered both user reviews and editorial reviews when rating this card. Chase Sapphire Reserve® reviews are primarily positive. Users love the rewards and the redemption value when points are redeemed for travel. This card isn’t valuable, however, for owners who don’t travel or dine frequently.
User Reviews
Cardholders with positive experiences say they can easily redeem awards and benefits that make the annual fee worthwhile. Unfavorable reviewers say the rewards and benefits don’t make up for the annual fee.
Editorial Reviews
We rate small business credit cards based on their costs, rewards, and benefits. Like Capital One® Venture®, this card is a personal card, so you won’t be able to build business credit when you use this card. We love this card’s rewards and its benefits, which make the $450 annual fee well worth it.
How to Apply for Chase Sapphire Reserve®
Apply for the Chase Sapphire Reserve® directly on the issuer’s website. You may be approved instantly. Your new card will be delivered within seven to 10 business days.
Note: The information related to the Chase Sapphire Reserve® Credit Card has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.
Chase Sapphire Preferred®: Best High Limit Personal Card With a Cheap Annual Fee
Chase Sapphire Prefferred®
- 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards.
- Earn 2X points on travel and dining at restaurants- from airfare and hotels to fine dining and cafés.
- Plus, earn 1 point per dollar spent on all other purchases.
| INTRO APR | REGULAR APR | ANNUAL FEE | CREDIT NEEDED |
|---|---|---|---|
| N/A | 17.99% to 24.99% Variable | $95 | Good - Excellent |
On Chase's Secure Website
Note: The information related to the Chase Sapphire Preferred® Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.
Chase Sapphire Preferred® is best for business owners who want to earn travel rewards from a personal credit card, but don’t want to pay a high annual fee. This card is the more affordable cousin to Chase Sapphire Reserve®. It offers a slightly lower reward rate but also comes with a significantly lower annual fee, $95 (vs $450). Ongoing APR is as low as 15.99%.
Chase Sapphire Preferred® Costs
Chase Sapphire Preferred® charges an annual fee of $95, which is waived for the first year. Plus, you’ll pay an ongoing APR starting at 15.99%. This card does not offer an introductory financing period.
Financing costs and fees on the Chase Sapphire Preferred® include:
- Introductory APR: None
- Ongoing APR: 15.99% to 25.99%, which adjusts with the prime rate
- Annual fee: $95, waived the first year
- Balance transfer fee: $5 or 5% of the transferred balance, whichever is greater
The annual fee on this card is identical to what you’d pay on Capital One® Spark® Miles for Business, but significantly lower than the $595 annual fee the American Express Business Platinum Card® charges.
Note: We’ve seen different ongoing APRs offered to different potential applicants (as low as 15.99% to 25.99%)
Chase Sapphire Preferred® Rewards
Chase Sapphire Preferred® offers an introductory bonus worth up to $625 in travel and ongoing rewards on both travel and dining spending.
Introductory Rewards
You’ll earn 60,000 Ultimate Rewards points when you spend $4,000 on purchases within the first three months. That’s $10,000 more points than you’d earn with Chase Sapphire Reserve®, although that card charges a much higher $450 annual fee. Chase Sapphire Reserve®’s redemption rate is also higher: 1.5 cents per point vs 1.25 cents per point when redeemed for travel.
Ongoing Rewards
You’ll earn the following ongoing rewards when you use your card:
- 2x points on travel and restaurant dining worldwide
- 1x points on all other spending
Chase Sapphire Preferred® has a lower return on travel and restaurant spending compared with the Chase Sapphire Reserve® (3x), but the return is higher than many other cards on this list, including American Express Blue Business® Plus, which pays 2x on all spending.
How to Redeem Rewards
You can redeem your rewards for travel, cash back, or gift cards. When redeeming for cash back or gift cards, your redemption value is 1 cent per point. When redeeming for travel through Chase’s Ultimate Rewards website, travel is worth 1.25 cents per point. You also can increase your redemption value when you transfer rewards to the Chase Sapphire Reserve® card. Each point is worth 1.5 cents when redeemed for travel.
You may be able to boost the redemption value further by transferring your Chase Ultimate Rewards points to one of the issuer’s airline partners. When transferred, point values vary, but your redemption value could exceed 2 cents per point or more when booking flights.
Chase Sapphire Preferred® Additional Features
Chase Sapphire Preferred® offers a handful of additional features that benefit people who travel for business often. For example, you’ll receive trip delay insurance and trip cancellation insurance.
Chase Sapphire Preferred® offers several benefits found on other cards on this list, including:
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad
- Trip delay insurance: If your travel is delayed more than 12 hours or you require an overnight stay as a result of a delay, you’re covered for unreimbursed expenses, such as meals and lodging, up to $500
- Trip cancellation and trip interruption insurance: Covers up to $10,000 per trip for prepaid, nonrefundable travel expenses if your trip is cut short or interrupted by sickness or bad weather
You won’t receive the travel credit or TSA Pre✓® reimbursement that Chase Sapphire Reserve® offers, but you’ll also pay significantly less when it comes to an annual fee ($95 vs $450). None of the small business credit cards on this list offer trip delay or trip cancellation insurance.
What Chase Sapphire Preferred® Is Missing
Like the other personal credit cards on this list, Chase Sapphire Preferred® is not a small business credit card, which means this card will not help you establish or build business credit. Issuers do not report personal credit cards to business credit bureaus. They do report to consumer bureaus, meaning both your on-time payment activity and delinquencies will be reported.
Chase Sapphire Preferred® Reviews
We considered both user reviews and editorial reviews when rating this card. Chase Sapphire Preferred® is the cheaper alternative to Chase Sapphire Reserve®. It receives high marks for its low annual fee and generous rewards. This card is best for owners who don’t travel enough to justify paying the annual fee on a card like Chase Sapphire Reserve®.
User Reviews
Online user reviews are generally positive. Cardholders say they like the low annual fee in comparison to the rewards offered. Unfavorable reviewers say the ongoing APR is too high.
Editorial Reviews
We rate credit cards based on their costs, rewards, and benefits. This card offers an excellent return for the money, but we wish this card offered higher rewards on other bonus categories, like gas or groceries.
How to Apply for Chase Sapphire Preferred®
Apply for the Chase Sapphire Preferred® directly on the issuer’s website. You may be approved instantly. Your new card will be delivered within seven to 10 business days.
Note: The information related to the Chase Sapphire Preferred® Credit Card has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.
Bottom Line
Each of the best high limit credit cards on our list allows business owners with a credit score of 750 or greater to enjoy credit limits of $15,000 to over $100,000 on a single credit card. Business owners can use these high limits to fund their monthly expenses or to pay for a planned large purchase.
For rates and fees on the American Express Business Platinum Card®, please click here.
For rates and fees on the American Express® Business Gold Card, please click here.
For rates and fees on the American Express Blue Business® Plus Card, please click here.
Submit Your Comment
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.
You must be logged in to comment. Click a "Log in" button below to connect instantly and comment.