Best Business Credit Cards

Business Credit Cards Reviews

Business credit cards help you manage business finances, separate personal and business expenses, offer valuable rewards, and establish a business credit history. They are extremely beneficial and highly recommended for streamlining business operations and improving expense management, as they provide detailed tracking reports and customizable spending limits.

To find the best business credit cards, we reviewed over 40 lenders and examined factors such as fees, rates, and rewards. To learn more about how we chose our top picks, read our methodology section.

Slash – Best Corporate Cards for Small Businesses

Slash strives to provide a higher standard of business financing, incorporating banking, cards, crypto, treasury, and more all on one platform. It provides corporate cards that give small business owners complete control over their finances, offering high cash back rewards, detailed spending insights, and automation to save time.

With Slash, you can get unlimited corporate charge cards (both physical and virtual). Each comes with sophisticated spend controls, ensuring you never go over budget and providing total visibility and control through expense reports, spend limits, per-transaction limits, and merchant restrictions. Slash’s corporate card lets you control employee cards, managing who can create, view, or edit them across your organization with customizable permission levels.

Slash details

• Annual Fee – $0
• Annual Percentage Rate (APR) – None
• Cash Back/Rewards Points – 1%–2% cash back
• Welcome Offer – Flat-rate cashback (variable)

Read our full Slash review

Grasshopper Bank – Best Credit Cards with Digital Banking

Grasshopper Bank, while a digital banking platform, offers credit cards via Mercantile and corporate cards via Ramp. This partnership helps small businesses maximize rewards and increase purchasing power, fueling business growth. You can earn up to 2% cash back on every purchase, no limits, no categories required. Grasshopper provides unlimited employee cards, allowing you to set their permissions and manage their budgets.

The Grasshopper credit card allows you to manage all your transactions, make payments, and create employee cards all from one easy-to-use platform. Mercantile partners with Grasshopper to provide small-business credit cards, increasing purchasing power and driving business growth. The program is issued by Hatch Bank pursuant to a license from Mastercard.

Grasshopper Bank details

• Annual Fee – $0
• Annual Percentage Rate (APR) – None
• Cash Back/Rewards Points – 2% cash back
• Welcome Offer – $500 to $1,000 (card type dependent)

Read our full Grasshopper Bank review

Ink Business Cash – Best for Cash Back on Telecom & Office Expenses

The Ink Business Cash Credit Card, provided by Chase Bank, rewards new cardmembers with bonus offers on expenses, including cash back, airline miles, or credit card reward points, which you can redeem with Chase Ultimate Rewards. Chase offers many business credit cards, such as the Ink Business Unlimited and Ink Business Preferred, but we chose the Ink Business Cash card for its $0 annual fee, rewards, and APR.

For the first 12 months after account opening, your APR is 0%; it then increases to a variable APR of 16.74%–24.74%. Plus, you can earn up to $1,000 cash back after spending $8,000 on purchases in the first 4 months after account opening. Additionally, Chase cardmembers are automatically checked for a credit line increase every 6 months or sooner.

Ink Business Cash details

• Annual Fee – $0
• Annual Percentage Rate (APR) – 0% intro APR; then 16.74% – 24.74%
• Cash Back/Rewards Points – 1.5%–5% cash back
• Welcome Offer – $1,000

Capital One Venture Business – Best for Travel Rewards

Capital One’s Venture Business credit card is best for companies that travel a lot. The Venture Business card offers 2X miles on every purchase, 100,000 bonus miles, and up to $220 in credits. Additionally, while you can earn unlimited 2X miles on every business purchase, you can earn unlimited 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Business Travel.

While it has an annual fee of $95, many business owners feel the travel rewards are worth the expense. The Capital One Spark Cash credit card is another popular option for businesses. It has no annual fee, but offers cash back rather than travel rewards. The Venture Business card also offers a $50 annual statement credit for purchases at qualifying advertising or software merchants.

Capital One Venture Business details

• Annual Fee – $95
• Annual Percentage Rate (APR) – 24.49% (Variable)
• Cash Back/Rewards Points – 2x–5x miles
• Welcome Offer – 100,000 miles

Blue Business Plus – Best for Cash Flow Flexibility

This American Express business card offers 2X points on the first $50,000 of eligible purchases per calendar year and 1X points thereafter, with flexible redemption options. The Amex Blue Business Plus Credit Card offers 15,000 Membership Rewards points after $3,000 in purchases within the first three months of membership. Additionally, your APR for the first 12 months is 0%; then it increases to a variable rate of 16.74% to 28.49%.

The Blue Business Plus Credit Card by American Express ensures cash-flow flexibility by offering the option to spend above your credit limit with Expanded Buying Power. The amount you can spend above the limit is flexible, but not unlimited. It adapts with your use of the card, your payment history, credit record, financial resources, and other factors.

Blue Business Plus details

• Annual Fee – $0
• Annual Percentage Rate (APR) – 0% intro APR; then 16.74% – 28.49%
• Cash Back/Rewards Points – 1x–2x bonus points
• Welcome Offer – 15,000 points

Compare the Best Business Credit Cards Side-by-Side

What are Business Credit Cards?

Business credit cards function similarly to a personal credit card. They provide businesses with a revolving line of credit, allowing them to invest in systems, equipment, and employees. Business credit cards are designed for entrepreneurs, freelancers, and business owners, and they can be used to pay for company expenses. With a business credit card, you can keep your business expenses separate from personal expenses, all while earning specialized rewards.

A business credit card provides access to credit up to a set limit and annual percentage rate (APR) terms. Some credit cards come with features such as expense monitoring, rewards for business purchases, employee cards, and higher credit limits. As with any credit card, businesses must repay the borrowed amount plus interest.

Who Can Get a Small-Business Credit Card?

If you earn income independently, you should be eligible for a small-business credit card; having a formal company, a physical storefront, or an EIN is not required. For instance, freelancers, gig workers, and new startups are all eligible to apply. However, there are certain requirements that you must meet.

Who Can Apply for Business Credit Cards

As long as you sell goods or provide services to make a profit, you should be eligible to apply. Common applicants include:

• Freelancers
• Independent contractors
• Gig workers (e.g., rideshare drivers, rental hosts, pet sitters, etc.)
• Limited Liability Companies (LLCs)
• Corporations
• New startups

Approval Requirements

While almost anyone who earns money independently can apply for a business card, there are requirements that you must typically meet before card issuers will approve you as a cardholder.

• Personal Credit Score—Most providers require applicants to have a good-to-excellent personal credit score, typically 690 or higher. If your score is lower, you may be limited to a secured credit card, which requires a cash deposit.
• Personal Guarantee—If you have a new business and lack credit history, you will need to sign a personal guarantee, which means you are personally responsible for paying off the card if your business cannot.
• Identification—To apply, you will need proof of your identity, either with a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN). If you have an Employer Identification Number (EIN), you can use that, but it’s not required.

Can I Get a Business Credit Card with Bad Credit?

Yes, it is possible to get a business credit card with bad credit; however, you will likely need to consider a secured card or a specialized corporate/revenue-based card. Depending on your exact credit profile and business financials, the options below are your best bet for getting a business credit card with bad credit.

Secured Business Credit Cards

A secured business credit card is designed to help companies build or improve their credit history. You are required to pay an upfront cash security deposit, which serves as collateral, reducing risk for the lender and making approval easier.

It’s important to note that with secured business credit cards, your deposit amount equals your spending limit. However, by using the card for your business needs and paying off the balance each billing cycle, you can boost your credit score, allowing you to apply for business cards with higher credit limits.

Corporate Cards & Fintech Solutions

Corporate cards and fintech credit cards are specialized financial tools that allow employees to pay for work expenses. They provide your finance team with strict control, clear visibility, and automatic tracking of all spending, ensuring cards are used only for approved business expenses. However, your company is responsible for paying the balance, not the employee.

Typically, approval and credit limits are based entirely on your business’s bank account activity, monthly cash flow, and revenue. You will typically need an EIN and an active business checking account showing consistent, healthy deposits.

The Benefits of Business Credit Cards

Using a credit card for your business provides a lot of benefits that can help you grow your company, manage employee spending, and make completing taxes easier. Business credit cards are also a great way to separate personal finances from business spending.

Main benefits of getting a business credit card:

• Higher credit limits
• Expense tracking
• Bonus cash back
• Business perks (bonus points, first-year discounts, purchase protections)
• Rewards programs
• Travel rewards (bonus miles, gas station savings, airline savings with Southwest, Delta, United, and more)
• Employee cards (customizable spending limits)
• Improved business credit score
• Cash flow management
• Business expenses all in one place

If you run a business, from a sole proprietorship to an enterprise, using a business credit card is a great way to build your business credit, earn rewards on eligible purchases, protect your personal assets, and save time during tax season by having all business expenses in one place. Depending on your credit card provider, some spending categories may earn higher rewards than others, so it’s important to look for a credit card that’s tailored to your industry.

Associated Costs of Business Credit Cards

Business credit cards have several associated costs, including annual fees, interest rates, penalty fees, and transaction fees. The exact costs depend on the lender and how your business uses the card. Some cards have higher fees than others, but offer higher limits and better perks, such as airport lounge access or large sign-up bonuses.

Common fees include annual fees, which typically range from $0 to $95. All credit cards on our list have $0 annual fees except for the Capital One Venture Business card, which has a $95 annual fee. However, some credit cards charge $300 to $900. Additional costs include variable APRs; if you don’t pay off your balance in full each month, the remaining amount accrues interest at your rate.

Typical rates range from 16% to 26%, but missed payments can increase the APR. Oftentimes, credit cards offer an introductory APR for a set number of months (usually 12 months from account opening), such as with the Ink Business Cash by Chase and the Blue Business® Plus Credit Card by American Express. This intro APR is often around 0%.

Other fees include foreign transaction fees (typically an extra 1% to 3%), withdrawal fees (3% to 5% on average), balance transfer fees (3% to 5% on average), late fees, over-limit fees, processing fees, and occasionally employee card fees.

Business Credit Cards FAQs

How will applying for a business credit card impact your personal and business credit scores?

Applying for a business credit card typically results in a temporary drop in your personal credit score for about a year. This is because banks get your personal credit information via a hard inquiry. However, using a business credit card allows you to build a separate credit profile, meaning that if your business incurs large debts, your personal credit remains healthy.

Can I use my EIN to get a credit card?

Using your EIN to get a business credit card is possible; however, if you are trying to use your EIN in place of your SSN, then you will need to apply for a corporate charge card rather than a traditional small business credit card.

Who offers business credit cards?

Major companies like Chase and American Express are the most popular lenders for business credit cards, but you can also get business credit cards from banks for small businesses like Slash and Grasshopper Bank. However, offers and rewards may differ between major lenders and smaller business finance platforms.

What is the 15/3 rule?

The “15/3 rule” is a popular credit card payment strategy that claims making two payments a month, one 15 days before your due date and another three days before, will quickly boost your credit score. However, experts state that this specific timing is entirely arbitrary.

How We Chose the Best Business Credit Cards

We compiled a list of 41 credit cards for businesses and identified 19 reputable cards with low annual fees, reasonable APRs, and good rewards and bonuses for customers. We also considered how transparent companies were about their information and how easy it was to find it. From there, we identified 5 top picks for business credit cards.

Each business credit card was scored on a scale of 1 (poor) to 5 (excellent) across the following criteria:

• Bonuses and rewards: We considered whether the credit card came with sign-on bonuses and everyday purchase rewards. Providers with higher rewards and clear requirements scored higher.
• Fees and transparency: We compared annual fees, annual percentage rates (APRs), and clarity of pricing information. Lenders with zero or low annual fees and introductory APR periods earned more points.
• Onboarding and support: We evaluated the application processes, availability of online or in-branch support, and responsiveness of customer service.
• Brand reputation: We considered overall reliability and customer satisfaction by analyzing customer reviews from trusted third-party websites. Well-established lenders and business financing platforms with strong reputations scored best.