what is the easiest business credit card to get?

All information about the Capital One Spark Classic for Business and the Wells Fargo Business Secured Bill of fare has been collected independently by CreditCards.com and has not been reviewed by the issuer.

Comparing the all-time business credit cards offers

Business Credit Menu	Best For	Intro Bonus	Rewards Rate	Annual Fee	CreditCards.com Rating
Bank of America® Business organisation Advantage Customized Cash Rewards Mastercard® credit card	Flexible bonus categories	$300 statement credit if you spend $three,000 in offset ninety days	iii% greenbacks dorsum on a category of your choice, 2% cash back on dining purchases (on up to $fifty,000 in combined ii% and 3% category purchases per year, then ane%) 1% cash back on other purchases	$0	iii.4 / five
Bank of America® Business organization Reward Unlimited Cash Rewards Mastercard® credit card	Best for apartment-charge per unit unlimited additional rewards	$300 statement credit after spending at to the lowest degree $3,000 in cyberspace purchases inside the outset 90 days of account opening	Earn unlimited 1.5% cash back on all purchases	$0	3.4 / 5
Ink Business Unlimited^® Credit Carte	Additional rewards	$750 after spending $7,500 within the starting time three months of membership	1.5% unlimited	$0	3.five / v
Ink Business Greenbacks^® Credit Card	Cash back on function supplies	$750 after spending $vii,500 in the outset three months of membership	5% on part supplies, internet Earn five% cash back on the kickoff $25,000 spent in combined purchases at function supply stores and on internet, cablevision and phone services each account anniversary yr	$0	3.9 / v
American Express Blueish Concern Cash™ Card	No annual fee	$250 statement credit after spending $3,000 in the first iii months of membership	2% (up to $50k in annual spend, then 1%)	No annual fee	3.viii / 5
Majuscule on Tap Business organisation Credit Card	Depression involvement with splendid credit	$200 cash back after spending $fifteen,000 in first iii months	i.5% cash dorsum on all purchases	$0	3.0 / 5
American Express® Business organisation Gold Card	All-time for no expiration on points	seventy,000 points after spending $10,000 on eligible purchases within the first 3 months of card membership	4X per dollar on the two categories your business organisation spends the most in each billing cycle (first $150,000 in purchases yearly)	$295	three.v / five
Capital letter One Spark Cash Plus	Apartment-rate cash back	upwardly to a $i,000 greenbacks bonus; $500 once you lot spend $5,000 in the get-go iii months, and $500 one time yous spend $50,000 in the first half dozen months of account opening	2% unlimited	$150	iv.0 / 5
The Blue Business® Plus Credit Carte from American Express	Long intro APR period on purchases	15,000 Membership Rewards® points after spending $iii,000 in eligible purchases inside the beginning 3 months of card membership	2X (up to $50k in annual spend, and then 1X)	No annual fee	4.0 / 5
The Business Platinum Card® from American Express	Luxury travel perks	120,000 points later spending $15,000 on eligible purchases in the outset 3 months of card membership	5X on flights and prepaid hotels through amextravel.com	$695	4.5 / v
Ink Business organization Preferred® Credit Card	Sign-upwards bonus	100,000 points after spending $15,000 in the first 3 months	3X on travel, select business categories Upwardly to $150,000 annually, then 1 betoken per dollar	$95	3.8 / v
Capital letter 1 Spark Miles for Business organization	Rewards	50,000 miles later spending $4,500 within the beginning 3 months	2X miles per dollar	$0 first year, and so $95	iii.9 / 5
Delta SkyMiles® Gold Concern American Express Card	Best for hotel and flights redemption	Limited Time Offer: 75,000 bonus miles subsequently you lot spend $3,000 in purchases in the beginning 3 months of menu membership. Offering ends 4/13/2022.	2X miles per dollar on direct Delta purchases, on eligible U.S. purchases for advertising in select media, on eligible U.Due south. shipping and at restaurants	$0 introductory annual fee for the first twelvemonth, then $99	four.four / 5
The Hilton Honors American Express Business organization Card	Hilton loyalists	130,000 bonus points after spending $three,000 in purchases in the first 3 months of carte du jour membership	12 points per dollar at hotels and resorts in the Hilton portfolio	$95	4.v / v
Divvy Business organization Card	Budgeting and expense tracking	None	7X points at restaurants, 5X points at hotels, 2X points on recurring software subscriptions and 1.5X points on all other purchases if you pay your bill weekly	$0	iii.2 / 5
Brex 30 Card	Startups	50,000 bonus points later on spending $9,000 inside 30 days	7X on rideshares, 4X on Brex Travel, 3X at restaurants, 2X on recurring software and 1X on everything else	No annual fee	iv.3 / five

best business credit cards of 2022

Editor'due south picks: A closer await at our top-rated business credit cards

All-time for flexible bonus categories: Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card

All-time Features: At that place's enough to like about this versatile business carte du jour, including its lucrative rewards rate on bonus categories and dining. The depression end of the variable APR charge per unit 12.49% to 22.49% will likewise be a plus for those who qualify.
Biggest drawbacks: This card requires excellent credit and lacks many of the perks and management tools offered past similar business organisation cards. And while there's a lot of potential value here, not everyone volition be able to go along track of rotating categories.
Alternatives: The Ink Business Greenbacks® Credit Card has a higher sign-up bonus and lets yous earn college rewards rates in multiple business-related categories.
Bottom line: If your business requires a lot of time spent on the road or long power lunches with clients, y'all may get a lot of value out of the Business concern Advantage Customized Greenbacks Rewards Mastercard®.

Read our Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit menu review or jump back to this card's offer details.

All-time for apartment-rate unlimited boosted rewards: Bank of America® Business organisation Reward Unlimited Cash Rewards Mastercard® credit card

Best Features: This card offers an unlimited 1.5% greenbacks dorsum on all purchases and charges no annual fee. But the existent value goes to Preferred Rewards for Business clients at Depository financial institution of America or Merrill who can get up to a 75% boost in rewards. That means cardholders could relish an unlimited flat-rate of upwardly to 2.62% cash back on all qualifying purchases.
Biggest drawbacks: Large spenders who are not existing Bank of America or Merrill Preferred Rewards clients may be better served by a card with a higher rewards rate.
Alternatives: The Blue Business concern® Plus Credit Card from American Express is a no-almanac-fee concern credit card that earns 2X points per dollar on all purchases for the outset $fifty,000 spent each year and 1X points after.
Bottom line: Those who authorize for Preferred Rewards for Business have an opportunity to earn an impressive amount of rewards with the Concern Advantage Unlimited Cash Rewards Mastercard®.

Read our Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit menu review or jump dorsum to this carte du jour's offer details.

Best for boosted rewards: Ink Business Unlimited® Credit Carte

All-time Features: Not only will you earn unlimited 1.5% cash back on every business purchase, only you can also transfer your rewards to a qualifying Hunt Ultimate Rewards menu and boost their value past 25% when you redeem for travel.
Biggest drawbacks: Points are only worth ane cent unless you transfer them to a premium Ultimate Rewards card.
Alternatives: With The Blue Business® Plus Credit Card from American Express, you tin earn 2X points per dollar on every purchase, up to $l,000 per year (one point per dollar thereafter).
Bottom line: This Ink Business organisation Unlimited menu is ideal for small-business organisation owners looking for a straightforward rewards card without complicated rotating categories and spending caps.

Related: Is the Ink Business Unlimited worth it?

Read our Ink Business Unlimited® Credit Card review or jump dorsum to this menu's offer details.

All-time for cash back on function supplies: Ink Business concern Cash® Credit Card

Best Features: The Ink Concern Cash carte du jour tin can aid pocket-sized-business organisation owners save money on their everyday spending. The first $25,000 yous spend every anniversary year volition earn you the post-obit: v% greenbacks back in combined purchases made in select business categories (office supply stores, likewise as internet, cable and phone services) and 2% cash back in combined purchases fabricated at gas stations and restaurants. All other purchases earn an unlimited one% cash back.
Biggest drawbacks: Potential cardholders may be put off past the 2,000 point minimum for redemptions, besides every bit the $25,000 cap on bonus category purchases.
Alternatives: If your loftier spending categories tend to lean toward travel, you lot could get more value out of the Upper-case letter One Spark Miles for Business. It earns 5X miles on hotels and rental cars booked through Capital One Travel and 2X miles on every other buy.
Bottom line: This no-annual-fee business credit menu is a corking option for owners who spend a lot in its bonus cash back categories. If those categories are exterior your spending contour, consider a apartment-rate cash back business card, like the Chase Ink Concern Unlimited.

Related: Chase Ink Business organization Cash vs. Ink Business Unlimited

Read our Ink Business Cash® Credit Card review or jump back to this carte'south offer details.

Best for no annual fee: American Express Bluish Business Cash™ Menu

Best Features: A cash dorsum rate of 2% (on up to $l,000 per calendar twelvemonth, then 1%) isn't uncommon among business credit cards, only it is special when paired with no annual fee. This no-frills card also offers a 0% introductory APR on new purchases for the first 12 months of membership (xiii.49% to 21.49% variable thereafter).
Biggest drawbacks: The 2% greenbacks dorsum rate caps at $50,000 in purchases per calendar year (then 1%).
Alternatives: If your business organisation makes a lot of office-related purchases, the Ink Business Cash® Credit Card comes with higher rewards in that category.
Bottom line: One of the best credit cards on the marketplace, American Express' Blue Business organisation Cash carte is a standout selection for new business credit card owners whose current expenses might not justify a carte with an almanac fee.

Related: American Express Blue Business organisation® Plus vs. Blue Business Greenbacks™

Read our American Limited Blueish Business Cash™ Menu review or jump back to this card's offering details.

All-time for low interest with fantabulous credit: Capital on Tap Business Credit Bill of fare

Best features: The low stop of the variable APR rate (9.99% to 34.99%) is impressive for a credit carte, peculiarly one with no annual fee. Depending on your creditworthiness and eligibility, you lot may be able to apply this as a low-involvement business credit card.
Biggest drawbacks: Y'all'll have to spend $15,000 in your first three months of account opening merely to qualify for a small $200 cash back advantage. Plus, Capital on Tap calls this, "The credit bill of fare built for small businesses." Merely it currently doesn't accept applications from sole proprietors who make up the majority of small businesses.
Alternatives: The Ink Business organization Unlimited® Credit Carte is a apartment-rate business credit card that is bachelor to the majority of small-business organisation owners, including sole proprietors. It offers an unlimited ane.5% greenbacks back on all purchases and comes with a more minor variable APR charge per unit (thirteen.24% to 19.24%). Plus, you'll have an easier time qualifying for the sign up bonus: Earn $750 bonus cash back later you spend $7,500 on purchases in the showtime three months from account opening.
Bottom line: For a lot of small-business concern owners, the Uppercase onTap card may not offering much value.

Read our Capital on Tap Business Credit Carte review or jump back to this card'due south offer details.

Best for no expiration on points: American Limited® Business organization Gilded Card

Best Features: Large businesses will go a lot of value out of this card – especially if they spend big in two of Amex's vi high-earning bonus categories. The Amex Business Gilt carte du jour automatically awards 4X points on the ii select bonus categories you spend the virtually on each billing cycle. This applies to the starting time $150,000 in combined purchases each calendar year (1X after that). All other spending earns 1X.
Biggest drawbacks: The annual fee is a steep $295. You lot won't get as much value from the Amex Concern Gold bill of fare if your biggest spending falls outside the following six categories: i. airfare purchased directly from airlines; ii. U.S. purchases at gas stations; three. U.S. shipping; 4. U.S. restaurants; 5. U.S computer software, hardware and cloud solutions from select technology providers; 6. U.S. online, radio, and TV advertizement. And unless you program to transfer points to airlines, you lot may be underwhelmed past the redemption options.
Alternatives: The Ink Business Preferred® Credit Menu also offers increased rewards in bonus categories but comes with a lower annual fee and bigger sign-up offer.
Bottom line: American Express' Concern Gold Card comes with plenty of benefits to business owners who currently spend plenty to have advantage of its lucrative welcome offer and net a return on the $295 annual fee (not waived the first year).

Related: How I use my Amex Concern Gold

Read our American Express® Business Gold Menu review or jump back to this card'south offering details.

Best for flat-rate cash dorsum: Capital One Spark Cash Plus

Best Features: Cardholders volition earn an unlimited ii% cash back on all qualifying purchases, with no need to runway spending or enroll in bonus categories. Plus, there'south a welcome bonus of upwards to a $1,000 cash bonus; $500 once you lot spend $five,000 in the start three months, and $500 once you spend $50,000 in the outset half dozen months of account opening.
Biggest drawbacks: Because this is a charge menu, you lot have to pay off your residue in full each billing cycle. It as well carries no ongoing APR or 0% introductory APR offers, making it less useful for those who demand to costless up cash menses or chip away at business expenses over time. It also comes with a $150 annual fee.
Alternatives: If you tend to carry a rest over each month, the American Express Bluish Business Greenbacks™ Card has a variable April rate for purchases (13.49% to 21.49%). Depending on your creditworthiness, this could be a skillful choice for a low-involvement business credit card.
Bottom line: Business owners looking for a straightforward way to earn greenbacks back on their everyday purchases will get a lot of value from the Spark Greenbacks Plus, particularly heavy spenders due to its flexible spending limits and annual bonus.

Read our Capital One Spark Plus review or jump dorsum to this bill of fare's offer details.

Best for long intro APR menstruum on purchases: The Blueish Business organisation® Plus Credit Carte from American Express

Best Features: American Express has a number of credit menu solutions for a pocket-sized concern. The Bluish Business concern Plus card offers a 0% introductory April on new purchases for 12 months from the date of account opening (and so thirteen.49% to 21.49%, variable). Plus, you can earn xv,000 Membership Rewards® points after y'all spend $3,000 in eligible purchases on the card within your first 3 months of card membership.
Biggest drawbacks: The redemption options with this card are limited since yous'll go the best value redeeming for travel. Frequent international concern travelers should also note the 2.seven% foreign transaction fee (see rates and fees).
Alternatives: The American Limited Blue Business Cash™ Carte comes with a 2% cash dorsum charge per unit on all purchases up to $50,000 per year (1% cash back after) and lets you redeem for a statement credit or cash back without losing any value.
Bottom line: The Blue Business Plus credit card is another solid option for business owners looking for a no-annual-fee card or flexible financing options.

Read The Blue Concern® Plus Credit Card from American Express review or jump back to this card's offer details.

Best for luxury travel perks: The Business Platinum Menu® from American Express

Best Features: The Business concern Platinum Card® from American Express is one of the all-time concern credit cards for travel. Cardmembers get a generous welcome offer, an airline fee credit of up to $200 every year with one qualifying airline (enrollment required), airport lounge admission, no foreign transaction fees (see rates and fees) and up to a $100 credit for Global Entry or TSA PreCheck.
Biggest drawbacks: The annual fee is super high at $695 (not waived the first year) as is the spend requirement associated with the current welcome offering. Prospective cardholders should consider whether they spend enough and travel plenty to justify those costs.
Alternatives: If you are not a heavy business traveler who is eager to turn their points and miles into travel rewards booked through American Express Travel, the Ink Business concern Preferred® Credit Card has redemption options that may be a better fit for you.
Bottom line: With the Business Platinum Card from American Express, big business spenders who travel a lot for work can reap first-course benefits, including free drome lounge access, seat upgrades and a 24-hour concierge service.

Related: Who should and shouldn't become the Business Platinum Card from Amex

Read The Business Platinum Bill of fare® from American Express review or jump back to this card'due south offer details.

Best for sign-upward bonus: Ink Concern Preferred® Credit Card

All-time Features: With the Ink Business Preferred, y'all'll earn 3X points on the starting time $150,000 in combined purchases made on travel and in select concern categories each account ceremony year. The carte also touts a hefty sign-up bonus of 100,000 points afterwards a $15,000 spend inside the start three months. Those 100,000 points are worth $1,250 toward future travel when yous book through Hunt Ultimate Rewards.
Biggest drawbacks: This isn't the best credit carte du jour for business owners who want to do a rest transfer or finance a large buy since it doesn't offer a 0% introductory April.
Alternatives: The Blue Business® Plus Credit Card from American Express comes with a lengthy introductory Apr on purchases and earns 2X points per dollar on the first $50,000 spent on purchases each yr, 1x points per dollar thereafter.
Bottom line: Big business spenders might want to have advantage of the Ink Business Preferred'due south pinnacle-of-the-line sign-up bonus and rewards program.

Related: 5 reasons to get the Chase Ink Preferred

Read our Ink Business Preferred® Credit Card review or jump back to this carte'southward offering details.

Best for rewards: Capital letter One Spark Miles for Business

Best Features: The potent sign-upwards bonus (earn l,000 miles after a $4,500 spend within the first three months), coupled with the competitive base of operations rewards program, provides a existent opportunity to rack upward rewards
Biggest drawbacks: Make a late payment, and you could get hit with a 29.65% variable penalty APR. Travelers should notation that the list of partner airlines is limited, with merely i domestic carrier among them.
Alternatives: The Ink Concern Preferred® Credit Card is a strong option thank you to it's versatile rewards program that includes high bonus rewards in travel and other select business concern categories.
Bottom line: Consider the Capital One Spark Miles for Business if you're looking for a flexible travel business rewards card – and you spend enough to justify the $95 almanac fee (waived the beginning year).

Read our Upper-case letter One Spark Miles for Business concern review or jump back to this card'south offering details.

Best for hotel and flights redemption: Delta SkyMiles® Gold Business American Express Card

Best Features: Frequent Delta fliers can quickly rack upwards miles thanks to a number of perks, including a competitive base of operations rewards program and lucrative welcome offering. Cardholders can employ miles for airfare, automobile rentals, hotels, merchandise and more. The miles don't expire and at that place are no blackout dates.
Biggest drawbacks: When redeeming miles, watch out for steep fuel surcharges.
Alternatives: The flexibility and high rewards earning potential that comes with the American Express® Concern Gold Card may exist a better fit for travelers who don't desire to exist tied to one airline.
Bottom line: Delta loyalists will savor these card perks. But not-Delta fliers might desire to await into flat-rate travel rewards credit cards.

Read our Delta SkyMiles® Aureate Business organisation American Express Carte review or jump dorsum to this card'southward offering details.

Best for Hilton loyalists: The Hilton Honors American Express Business Card

Best Features: The welcome offer is generous at 130,000 Hilton Honors bonus points after a $3,000 spend in eligible purchases in the first three months of menu membership. This tin add together up to some complimentary hotel nights if you are strategic in your Hilton Honors redemptions.
Biggest drawbacks: There'southward not much value in other redemption options beyond hotel stays.
Alternatives: The Ink Business Preferred® Credit Card and the versatile Chase Ultimate Rewards program may be a meliorate fit for travelers who are not loyal to one hotel brand.
Lesser line: Concern owners who travel a lot or frequent Hilton hotels volition generally notice themselves well-served past this credit card.

Read The Hilton Honors American Express Business concern Bill of fare review or jump back to this carte's offer details.

Best for budgeting and expense tracking: Divvy Business Card

Best Features: If yous tin pay your bill weekly, you'll earn 7X points at restaurants, 5X points on hotels, 2X points on recurring software subscriptions, and 1.5X points on all other purchases. Business owners will also capeesh how easy it is to manage expenses. Using the Divvy platform, you lot can track transactions as they happen, create budgets, submit expense reports and even reimburse employees.
Biggest drawbacks: Redemption rates are highest when redeemed for travel (1 cent per point). This will disappoint anyone looking for cash dorsum (worth up to 0.52 cents per point), statement credit (worth upward to 0.49 cents per indicate) or gift cards (worth upward to 0.51 cents per betoken).
Alternatives: A more versatile card like the American Express Blue Business Cash™ Card may provide better value if yous tin't pay your beak weekly.
Bottom line: Small-concern owners who want a credit carte with like shooting fish in a barrel-to-employ budgeting and expense-management tools volition want to take a look at what Divvy offers. But if your business organisation expenses go beyond restaurants and hotels, or y'all want to redeem your rewards for greenbacks back or argument credit, you'll get a lot more value with another business organization credit card – especially one that comes with a generous sign-upwardly bonus.

Leap back to this card'due south offering details.

Best for startups: Brex 30 Card

All-time Features: CreditCards.com referrals get fifty,000 bonus points subsequently spending $9,000 within 30 days. In add-on to the targeted bonus rewards categories, cardholders have access to congenital-in expense direction, automated receipt-matching, and instant virtual cards for their team. The bill of fare also integrates with QuickBooks, Xero, NetSuite, Concur and Expensify.
Biggest drawbacks: The Brex 30 Menu is a charge card, pregnant yous're required to pay your bill in full every 30 days. And to exist approved, you need to link a bank account containing at least $50,000 if professionally invested or $100,000 if not.
Alternatives: If your business tends to spend more in categories that fall outside of the Brex 30's bonus rewards categories, the Capital One Spark Plus is a flat-rate credit carte that offers upwards an unlimited 2% greenbacks back on all of your purchases.
Lesser line: Small-business owners with a big bank business relationship just limited credit history volition find some value with the Brex xxx Card.

Read our Brex 30 Card review or jump dorsum to this card's offer details.

What are business credit cards?

A business organization credit bill of fare is a revolving line of credit used by small-scale-business concern owners to make purchases or withdraw cash. Like to personal cards, concern credit cards carry interest charges if not paid in full each month.

You lot'll demand to operate some blazon of business concern in lodge to qualify for a business credit card, but it doesn't have to exist a formal business. Here'due south what you need to know about business organization credit cards:

Who tin can utilise for a small-business credit bill of fare?

Pocket-sized-business credit cards aren't just for formal business structures like a limited liability company (LLC), corporation or partnership. They can be used by anyone trying to make a turn a profit by selling goods or services. This includes sole proprietors, such as:

Freelancers
Independent contractors
Gig-economic system workers

Small-business credit cards tin can bear upon your personal credit

Most minor-business credit cards volition appraise a business owner's personal credit history earlier approving you for a new menu. Some will besides report your business organization activity to personal credit bureaus. This could have a negative impact if you make late payments on your business credit card or sew together besides much debt and accept a loftier credit utilization ratio.

Pocket-size-business credit cards have less consumer protections

The protections that use to consumer cards, similar those that prevent excessive fees and interest rate hikes, exercise non apply to business credit cards. However, business credit cards will often offer similar protections equally a courtesy.

Small-business credit cards have business-related features and benefits

The credit limits are usually college on business credit cards than on personal credit cards. Plus, rewards and benefits are usually designed to run across the needs of small businesses. You tin observe discounts and rewards for office supplies, business-related travel, shipping and other mutual business concern expenses.

Expect to sign a personal guarantee when applying for a small-business credit card

Nearly all business credit cards require you to sign a personal guarantee before you're canonical. A personal guarantee states that the cardholder agrees to exist personally liable for the debt. This means you lot hold to pay back any debt even if your business fails.

How do business credit cards work?

A business concern credit card helps small-scale-business owners keep rails of their credit card spending. It allows a business to free upwards its greenbacks menstruation while purchasing necessities via credit.

The best business credit cards are also designed to include special features that specifically benefit businesses, such as organized expense tracking tools and spending controls, along with discounts on net and other services needed to run a business. For the business organisation traveler, these cards offer a slew of high-cease perks from airport lounge admission to upgrades. In terms of bookkeeping, it's advantageous to take these expenses under i concern credit carte account.

Types of business credit cards

From secured to high-limit business concern credit cards, in that location are plenty of options to choose from. To make up one's mind the ideal business organization credit card for you lot, you lot'll demand to compare credit cards to see which one provides the about value to you lot and your business organisation. Hither's a breakup of different types of cards and how they might fit your financial needs and business objectives:

Cash back cards

Similar to personal cards, cash dorsum business cards are a popular pick for business organization owners looking for simple ways to put money back in their pockets and maintain cash flow. Some cash dorsum cards offer a straightforward flat rate on all your business expenditures while others have tiered rewards in different bonus categories that may be more useful if they align with your spending.

Who should become i: Anyone who runs a small concern, even if information technology's just a side task, can benefit from an unfussy greenbacks dorsum card. Businesses with a tendency to spend big volition discover a lot of value in a cash back card with flexible spending limits and big bonus opportunities.

Travel rewards cards

If your business requires frequent travel, a business organisation travel credit bill of fare is a peachy way to not just starting time travel expenses only also take reward of perks like lounge access and travel insurance. Yous can frequently increase the value of the points you lot earn on these cards fifty-fifty more past redeeming them through issuer membership programs.

Who should go one: Business people who frequently travel tin can rack up valuable rewards to put towards hereafter trips and accept the sting out of business travel by making use of premium perks and cardmember discounts.

Remainder transfer cards

If your business has taken on high-involvement debts in the past, transferring the balance to a business credit card with a lower APR can help you manage and consolidate debt more speedily and save money on incurred interest.

Who should become 1: If your business is weighed down by existing credit card debt and high involvement rates, a remainder transfer can remedy the state of affairs provided the debt is paid down before the favorable introductory terms expire.

Charge cards

While they work in largely the same means as credit cards, business charge cards differ in that they have no existing spending limit. Instead, purchases are canonical based on a number of factors in your fiscal history, and you must pay the balance in full each month.

Who should get one: Charge cards may exist a good option if you have large purchases planned, only information technology's of import to make certain your business has the cash period necessary to cover any month-to-calendar month charges you make.

Pros and cons of business credit cards

While business credit cards can be an excellent tool for managing your concern's greenbacks period, earning rewards and staying organized, they aren't for every situation. Similar virtually types of credit cards, each offering has benefits and drawbacks that you'll need to weigh earlier applying.

Pros

They can assist build business credit: Using a concern credit card responsibly tin can increase your business credit score, which looks better to vendors and can secure you the best involvement rates on business loans.
Tax benefits: Keeping concern expenses separate from personal ones makes tax records simpler to unravel and provides peace of heed during revenue enhancement season.
Lucrative rewards:Businesses can do good greatly from the rewards earned on spending, particularly on cards that offer high-value rewards rates.

Cons

Potentially loftier interest rates: Business cards mostly have higher fees and interest rates than personal credit cards.
Can bear on personal credit score: You may be personally liable for any unpaid debt on the cards, which can bear upon your personal credit score.
Potential for misuse by employees: Larger organizations with multiple users listed on the account may have difficulty tracking downward who made what purchase and verifying the business legitimacy of that buy.

How to choose a business credit card

Who should go a business credit menu

The small-business owner. Having a menu defended to your business is essential for tracking and managing your business organisation expenses. Business credit cards may also have benefits that entreatment to small-business concern owners, like free employee cards and expense tracking tools.
The rewards collector. The right business credit carte du jour can rack up rewards and heave your lesser line even with occasional use. Plus, any points or miles you accumulate can bring you one step closer to covering business travel expenses.

Who should skip a business credit card

The debt accumulator. Your business should be focused on accumulating profits rather than debt, especially when you're first starting out. If you lot find yourself decumbent to spending more than you can afford or missing payments, you lot may want to avoid the risk.
The personal spender. To avert a headache during revenue enhancement season, personal spending is ane of the expenses you should never charge on your business card. If you plan on intertwining the two, you may encounter issues with liability and challenges come taxation time.

How to become a small-business credit card

Earlier y'all submit your application, make sure you've gone through these steps that will aid maximize your odds of approval and secure the best card for your business.

Cheque your credit score. Most business organization credit cards require proficient or excellent credit. If your credit needs some work, information technology'due south a adept idea to amend your credit score before applying. If you've already established business credit through a loan or other credit line, you should also check your concern credit score too, since issuers may also look at that.
Compare business organisation credit cards. The right business credit card for you will be based on your business' needs. Some features to consider are: rewards type, involvement rates, fees and your business organization's spending habits. It's also a good idea to brand certain the business organization credit card reports your progress to business credit-reporting agencies similar Dun & Bradstreet. This will help you to abound your business credit.
Find out if you prequalify with our CardMatch tool. Using a soft inquiry that won't bear on your credit score, CardMatch tin show you lot which credit cards you're likely to be canonical for in under lx seconds. Plus, you may also get admission to special offers, similar a additional welcome bonus.
Assemble information for your application. Those with less formal business structures can utilize their personal information, such as address and phone number. Merely you'll notwithstanding need to provide some concern information, such equally: legal name and type of business, annual business revenue, number of employees, and years in business concern.
Consummate your application. Once you've decided on a credit card, utilise online with whatsoever major issuer.

Learn more about how to get a business credit carte.

How to make the about out of a small-business organization card

Secure a sign-up bonus. Business concern credit cards frequently tout sign-up bonuses worth $500 or more. Sign-up bonuses reward you for spending a certain amount with your card in a prepare fourth dimension menstruation, usually three months. The trick is to identify a sign-upwardly bonus within your natural spending limits. You'll want to avoid spending more than y'all can ultimately pay off in total, lest y'all lose those extra points to involvement.
Know your financing options. Cash flow management is an of import issue for most modest businesses. Equally such, issuers oftentimes offer promotional financing or business-friendly payment terms, such equally an extended payment pick, which lets business owners finance large purchases over a period of time with unlike terms than those used for routine purchases. Know the full suite of options you accept to accept reward of.
Make on-time payments. Aim to pay balances off in full each calendar month or past the time an introductory APR expires. That way, you lot won't lose any of your rewards to interest. At the very least, be sure to brand all monthly payments on-time. Gear up up car-pay or request alerts to minimize the odds of missing a due engagement. Missed payments will negatively touch your credit scores and tack on additional fees.
Use your secondary benefits & features. You lot may get more than than rewards and flexible financing with your business credit card. Some issuers offering access to expense-management tools, buy protection, extended warranties or certain travel insurance. You may also be able to exercise things like set custom limits for any authorized users added to the account. Read your credit menu's terms and conditions to become a total scope of its benefits.
Deduct your involvement & fees. You tin can more often than not deduct a portion of the interest and fees you pay on business expenses on your annual tax returns. (Notation: This only applies to involvement on business concern-related charges. If yous utilize your business credit card for personal expenses, likewise, those charges aren't eligible for a tax deduction.) Acquire more in our tax season guide to small-business expense deductions.
Avert charging personal expenses. That'll make it much easier to complete your taxes each year and regularly reconcile your books, especially since some issuers provide a breakdown of the categories you're spending on.

Business credit cards for fair or bad credit

Information technology's possible to become a business credit card if your credit score falls outside the adept-to-excellent range, but your options are express.

For people with fair credit, options include unsecured credit cards, which don't crave a deposit. One instance is the Capital One Spark Archetype for Business. It even comes with a modest 1% cash back on purchases – a solid perk for a credit card that has no annual fee and lets you earn unlimited rewards as you work to improve your business concern credit.

The downside to the Capital One Spark Classic is the 26.99% APR. If you don't pay your remainder in full each month, an interest charge per unit that high could add a hefty sum to your balances. This could make information technology harder to build your credit and gain access to better business credit cards.

If you accept bad credit, you may take an easier fourth dimension getting canonical for a secured business credit card. These cards require a security eolith, which will act every bit your credit limit. This could be as low as $200, and if you want that deposit back, your account will accept to be in good standing at the time of endmost.

A secured concern card may not come with top-of-the-line benefits, merely it lets you keep your business accounts split up from your personal spending. And in some cases, you may even be able to earn rewards.

For case, with the Wells Fargo Business Secured Credit Carte du jour, you'll earn cash back or reward points. In other words, you can choose to earn ane.v% cash dorsum on qualifying purchases or one point per $1 spent. If yous cull the reward points, you'll get 1,000 bonus points each billing bike when you spend $1,000 on qualifying purchases. To get the Wells Fargo Business concern Secured Card, you'll have to put down a minimum deposit of $500.

To learn more, bank check out our best business credit cards for bad credit.

If you assume your credit card rewards aren't tax deductible, you're not alone. And in nigh cases, yous're right. Virtually rewards like greenbacks dorsum and travel points aren't taxable because they're not seen equally income. Since you usually have to spend money before yous qualify, those rewards are more than like a discount of the purchase cost.

Simply that's non ever the case. And business owners especially volition have to be conscientious when information technology comes to how you use your rewards. Here are two times your business credit carte du jour rewards could touch your tax liability:

If you lot use your credit card rewards to reduce your deductible expenses.
If you receive a cash bonus merely for signing upwardly for a new credit menu.

For more data, Susan Ladika and Mariah Ackary explain when business credit menu rewards are taxable.

How we picked the best business credit cards

Research methodology: We analyzed 368 business concern credit cards to place the best offers currently on the market. The major factors we considered include:

Rewards program: Ideally, a business credit card should reward you for the purchases your business makes frequently, whether that'due south travel, office supplies or another category. We looked at whether a card offered a competitive rate of render in these spending categories equally part of its base rewards program.
Introductory bonus: In addition to solid base rewards, we considered whether the card offered bonus points, miles or cash back in commutation for a reasonable spend inside the kickoff few months of opening the account.
Flexible financing offers: Many business owners utilize credit cards to finance big purchases, then we considered whether a specific bill of fare offered nix interest introductory APRs on purchases and/or balance transfers. We also considered whether the card had other financing features, like a flexible credit limit.
Overall value: Some business credit cards practice carry annual fees, and so we considered whether that fee was justified by the rewards programme, introductory bonus and additional benefits.

Other criteria include redemption options and flexibility, customer service, small business perks, and other rates or fees. Our business concern credit card reviews tin can assist you compare offers to find the one that all-time suits your needs.

More data on business credit cards

For more than data on all things business cards, continue reading content from our credit bill of fare experts:

How to build business organisation credit
Reasons to go a business organization credit carte
Best credit cards for startups
Best 0% intro APR business credit cards

Jeanine Skowronski

Jeanine Skowronski is a credit card expert, analyst, and multimedia journalist with over 10 years of experience covering business and personal finance. She has previously served as the Head of Content at Policygenius, Executive Editor of Credit.com, Deputy Editor at American Banker, Staff Reporter at TheStreet and a columnist for Inc. Magazine.

Most the Editor

Tracy Stewart

Tracy Stewart is a personal finance writer specializing in credit carte du jour loyalty programs, travel benefits, and consumer protections. He previously covered travel rewards credit cards, budget travel, and aviation news at SmarterTravel Media. His coin-saving tips have appeared in the Washington Post, the Wall Street Periodical, Consumer Reports, MarketWatch, Vice, People, the Zoe Report and elsewhere.

About the Reviewer

Erica Sandberg

Erica Sandberg is a prominent personal finance authority and author of "Expecting Money: The Essential Financial Plan for New and Growing Families." Her manufactures and insights are featured in such publications every bit The Wall Street Journal, Pregnancy, Babytalk, Redbook, Depository financial institution Investment Consultant, Prosper.com, MSN Money and Dow Jones MarketWatch. An active tv set and radio commentator, Sandberg is the credit and money direction adept for San Francisco's KRON-Boob tube, a frequent invitee on Forbes Video Network, Fox Concern News, Bloomberg Goggle box and all Bay Area networks. Prior to launching her own reporting and consulting business, she was affiliated with Consumer Credit Counseling Services of San Francisco where she counseled individuals, conducted educational workshops and led the media relations department. Sandberg is a fellow member of the Gild of American Business Editors and Writers and on the advisory committee for Projection Money.

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