Best Business Credit Cards of October 2021

These cards can save you money and help you earn rewards worth thousands.

We publish unbiased reviews; our opinions are our own and are not influenced by payments from advertisers. Learn about our independent review process and partners in our advertiser disclosure.

The best business credit cards should provide as much value as possible. After all, for small-business owners, maximizing profits is a top priority, so it's a natural to want the same from a business credit card.

Whether you’re looking for cash-back or travel rewards, a card to help you rebuild your credit or one to help you make a big purchase with a financing deal, here are our top choices.

Best Business Credit Cards of October 2021

Best Overall, Best for Travelers, Best With No Annual Fee : Business Advantage Travel Rewards credit card


Our Rating Among Cards for Small-Business Owners
4.8
Business Advantage Travel Rewards credit card
Current Offer

30,000 bonus points when you spend $3,000 in the first 90 days.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 12.24% - 22.24% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5 points for every $1 you spend on all purchases. Earn 3 points per $1 spent on travel booked through the Bank of America Travel center - powered by Expedia.
INTRO PURCHASE APR 0% for 9 Billing Cycles
Cash Advance APR (%) 24.24%
Cash Advance Fee Either $10 or 4% of the amount of each transaction, whichever is greater
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

This card’s easy rewards scheme and lack of annual fee make it great for the no-nonsense business traveler. You’ll get 3 points per $1 spent on all travel booked online through the Bank of America Travel Center, and 1.5 points per $1 on all other expenses. (And if you have enough in deposit accounts with the bank, you’ll get a boost on both of these rewards rates.) It’s super simple to use your points, too: Just charge your trip with any provider and then redeem points for a statement credit later.

Pros & Cons:
Pros
  • Decent earning rate for a no-annual-fee, flat-rate rewards card

  • Redeeming rewards for travel is easy—just request a statement credit for the expense

Cons
  • Bank of America customers can earn even more rewards, but you’ll need a lot of money in a deposit account to qualify

  • Rewards can’t be transferred to other hotel or airline loyalty programs

Highlights:
  • Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening which can be redeemed for a $300 statement credit towards travel purchases.
  • Earn unlimited 1.5 points for every $1 you spend on all purchases, everywhere, every time – no matter how much you spend.
  • Earn 3 points per every dollar spent when you book your travel (car, hotel, airline) through the Bank of America Travel Center.
  • Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you'll earn 2.62 points on all purchases and 4.12 points for every $1 you spend at the Bank of America Travel Center.

Read the full Business Advantage Travel Rewards credit card review

Best for Cash-Back Rewards, Best for Financing a Large Purchase : American Express® Blue Business Cash Card


Our Rating Among Cards for Small-Business Owners
4.9
American Express® Blue Business Cash Card
Current Offer

Earn a $250 statement credit after you spend $3,000 in purchases on your card in the first 3 months. Terms Apply.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.24% - 19.24% variable
Annual Fee $0
Rewards Earning Rate Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.
INTRO PURCHASE APR 0% for 12 Months
Cash Advance Fee This product does not offer cash advances.

See rates and fees

  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

If you want to spread out the cost of a big purchase, or earn a nice bit of cash back on all your purchases (up to a point), this card offers the best of both worlds. As a new cardholder, you’ll get a 0% purchase APR for 12 months, which is as good as it gets for a business rewards card. You won’t have to fuss with fitting purchases into bonus categories either, since this card offers 2% back on all purchases (up to $50,000 spent per year). That’s a competitive rate for a no-annual-fee, cash-back business card like this one. We also like that rewards are a breeze to redeem (automatic statement credits for the win).

Pros & Cons:
Pros
  • Single cash-back rate is competitive and keeps rewards simple

  • Cash back is automatically credited to your card account

  • New accounts get a 0% APR on purchases for 12 months—as long or longer than competing business cards

Cons
  • Cap on 2% cash-back earnings limits rewards potential for big spenders

  • Foreign transaction fee

Highlights:
  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Powers.
  • Just remember, 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 American Express and other factors.
  • Earn a $250 statement credit after you spend $3,000 in purchases on your card in the first 3 months. Terms Apply.
  • No Annual Fee

Read the full American Express Blue Business Cash Card review

Best General Travel Sign-Up Bonus : Ink Business Preferred Credit Card


Our Rating Among Cards for Small-Business Owners
4.4
Ink Business Preferred℠ Credit Card
Current Offer

Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel rewards when you redeem through Chase Ultimate Rewards®.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 15.99% - 20.99% variable
Annual Fee $95
Rewards Earning Rate Earn 3 points per $1 on the first $150,000 spent on shipping purchases, advertising purchases made with social media sites and search engines, internet, cable and phone services, and travel each account anniversary year. Earn unlimited 1 Point Per $1 spent on all other purchases. Points do not expire as long as your account is open.
Cash Advance APR (%) 24.99%
Cash Advance Fee Either $15 or 5% of the amount of each transfer, whichever is greater.
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

There’s a lot to like about this card, including a 100,000-point bonus for new cardholders who spend $15,000 within their first three months. Since points are worth 1.40 cents each when redeemed for travel through Chase, this superb offer is worth $1,250 (or possibly more, if you transfer your points to certain eligible airline or hotel programs). Plus, the annual fee is reasonable and there’s a good rewards proposition. Besides airfare and other travel (including tolls and parking fees), you’ll earn 3 points per $1 on the first $150,000 spent each year on travel, internet and phone services, shipping, and social media advertising. 

Pros & Cons:
Pros
  • Outstanding bonus for new cardholders

  • Extra rewards points on many different types of business expenses

  • Many ways to redeem rewards

  • Option to transfer points to eligible airline loyalty programs, in some cases getting more value per point

Cons
  • No rewards on dining or gas

  • Rewards tiers and caps, which are higher maintenance

  • Steep spending requirement to earn bonus

Highlights:
  • 100,000 bonus points after you spend $15,000 on purchases in the first 3 months after account opening. That's $1,250 toward travel rewards when you redeem through Chase Ultimate Rewards.
  • Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year.
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards.
  • Stay on top of your business with Fraud Protection, Purchase Protection, personalized Account Alerts, and more.
  • Employee cards at no additional cost.

Read the full Ink Business Preferred Credit Card review

Best Cash-Back Sign-Up Bonus : Ink Business Unlimited


Our Rating Among Cards for Small-Business Owners
4.5
Ink Business Unlimited
Current Offer

$750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.24% - 19.24% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5% cash back on every purchase.
INTRO PURCHASE APR 0% for 12 Months
Cash Advance APR (%) 24.99%
Cash Advance Fee Either $15 or 5% of the amount of each transaction, whichever is greater.
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

A whopping $750 of cash back is yours if you spend $7,500 within three months of opening this card, well above what other similar cash-back business cards are offering new cardholders right now. Since this card earns Chase Ultimate Rewards points, you have several ways to use those extra rewards, too, including travel. To round out this offer, if you make a larger purchase to meet that spending requirement, you’ll have a year to pay it off under a 0% purchase APR deal, which gives this card another competitive edge.

Pros & Cons:
Pros
  • Sizable welcome bonus for a no-annual-fee business card (and the spending requirement is relatively low)

  • Wide variety of redemption options, including cash back and travel bookings

  • Competitive length for a 0% APR offer on purchases

Cons
  • Rewards rate on purchases is pretty standard, but nothing special

  • Foreign transaction fee makes this a costly card for international business travel

Highlights:
  • $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
  • Earn unlimited 1.5% Cash Back rewards on every purchase made for your business.
  • Redeem your rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards.
  • Employee cards let you set individual spending limits and help you earn rewards even faster.

Read the full Ink Business Unlimited review

Best Secured Card : Wells Fargo Business Secured Credit Card


Our Rating Among Cards for Small-Business Owners
4.5
Wells Fargo Business Secured Credit Card
Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Poor - Excellent
Regular APR (%) 15.15% variable
Annual Fee $0
Rewards Earning Rate Earn 1.5% cash back or earn 1X point and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period.
Cash Advance APR (%) 23.99%
Cash Advance Fee 4%, min, $10, max $175
Important

The Wells Fargo Secured Business Credit Card is temporarily unavailable until May 16, 2021.

  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

This card is great for small-business owners who are working on building their credit. You’ll need to make a security deposit as collateral for your credit line, but you can get between $500 and $25,000 in available credit. What’s more, the card offers a couple of rewards programs you can choose from, including 1.5% cash back on everything, which you’ll be hard-pressed to beat. 

Pros & Cons:
Pros
  • Decent rewards rate on purchases, which is harder to find among secured cards

  • Credit limit of up to $25,000, based on deposit

  • Periodic account reviews to check eligibility for upgrade to unsecured card

Cons
  • Annual fee applies to each employee card as well as main account holder

Highlights:
  • Choose to earn cash back or reward points.
  • $500 to $25,000 credit line.
  • $0 liability protection.
  • Annual fee: $25 per card.
  • Up to 10 employee cards.
  • Spending reports available online.

Read the full Wells Fargo Business Secured Credit Card review

Compare The Best Business Credit Cards

Credit Card Annual Fee
Business Advantage Travel Rewards credit card 
Best Overall, Best for Travelers, Best With No Annual Fee
 $0
American Express Blue Business Cash Card
Best for Cash-Back Rewards, Best for Financing a Large Purchase
 $0
Ink Business Preferred Credit Card
Best General Travel Sign-Up Bonus
$95
Ink Business Unlimited
Best Cash-Back Sign-Up Bonus
$0
Wells Fargo Business Secured Credit Card
Best Secured Card
$25

FAQs

Who Can Get a Business Credit Card?

Anyone with a business can apply for a business credit card. You don’t need an official setup or employees to qualify as a business owner. According to the IRS, business income may include any income you receive from the sale of a product or service.

This means that if you occasionally buy and resell items on Amazon or eBay, do freelance photography or graphic design work, or even babysit, that could qualify as a business. 

And while business credit card applications often ask for an employer identification number (EIN), you can also use a Social Security number to apply.  

How Should You Choose the Best Credit Card for Your Business Needs?

With so many different business credit cards to choose from, it can be difficult to narrow down the selection to just one. To help you with this process, here are three things to consider:

Your Credit Score 

Business credit card issuers run a personal credit check when you submit an application. While many of the best business credit cards require good or excellent credit to qualify—think a 700 credit score or higher—some don’t. 

Check your credit score before you apply for a credit card. If it’s in the good or excellent range, you’ll have a better chance of getting approved for the card you want. If your score is considered fair or poor, however, you should probably work on building your credit before you apply for a card you’re unlikely to be approved for. 

Your Business Expenses 

A lot of business credit cards offer bonus rewards on certain spending categories such as shipping, advertising, or communications expenses. If your business spends a lot in one area, it may make sense to pick a card that provides more value on those purchases.  

If you don’t spend a lot in general or your expenses are all over the place, you may be better off with a card that offers a high flat rewards rate on everything.

Other Card Benefits

In addition to a rewards program, many business credit cards offer other perks that can help you save money. Some, for instance, offer an introductory 0% APR promotion, which you can use to finance a large expense or manage irregular cash flow and pay down the balance interest-free over time.

Other cards may offer valuable travel perks, expense management features, and other benefits that can make your life a little easier. Think about what’s most important to you and focus your search on cards that can provide it. Here’s another summary of the cards we think are best for small business owners:

Should You Get a Business Credit Card or a Personal Credit Card?

You don’t have to use a business credit card for your business. In some cases, a personal credit card may be a better fit. The important thing is that you keep your business and personal expenses separate. Here’s a quick comparison of business and personal credit cards to consider as you choose the best fit for you:

Business credit cards:

  • Rewards and perks are often tailored to common business expenses and needs
  • Can help you build a business credit history
  • Often provide higher credit limits than personal cards
  • Typically don’t report card activity to the consumer credit bureaus

Personal credit cards:

  • Rewards and perks are designed more for everyday consumer spending and needs
  • Won’t help you build a business credit history
  • Typically come with lower credit limits than business cards
  • Can affect your personal credit score and report

Business credit cards are not covered by the Fair Credit Billing Act, which limits consumer liability for fraudulent charges to $50. Most credit card companies voluntarily have zero-liability policies for unauthorized charges, but read the fine print in your card agreement to understand exactly how you're covered.

What's the Difference Between Business Credit Cards and Business Charge Cards?

Some business credit cards aren’t traditional credit cards. Before you apply for a card, make sure you know what you’re getting. Here’s what to know about the differences between credit cards and charge cards: 

Business credit cards:

  • Allow you to carry a balance from month to month with interest
  • Come with a set credit limit
  • Charge late payment fees
  • Come from a wide range of card issuers

Business charge cards:

  • Require payment in full each month
  • Have no pre-set spending limit
  • Charge late payment fees
  • Limited to American Express

How Can You Build Business Credit?

If you’re just starting out, establishing a business credit history can take time. Here are some quick steps you can take to start from scratch:

  • Set up a business entity
  • Apply for an employer identification number (EIN)
  • Apply for a D-U-N-S Number to get registered with the business credit agencies
  • Open a business bank account
  • Apply for a business credit card, use it responsibly, and pay on time every month
  • Request a trade credit arrangement from vendors or suppliers, and pay your invoices on time
  • Apply for other business financing options as needed and continue on-time payments

In order to get the most from your business credit card, avoid mixing business and personal expenses, try to pay your bill in full every month, and consider setting up automatic payments to avoid missing one.

What Is a Good Credit Rating for a Business?

Business credit card issuers don’t typically check your business credit scores, so you’ll want to focus on your personal credit score as you apply for cards. 

But as you work toward establishing a business credit history for future financing needs, there are two main business credit scores you’ll want to keep an eye on:

  • Dun & Bradstreet Paydex score: Ranges from 0 to 100; a good score is considered 80 or higher.
  • Intelliscore Plus from Experian: Ranges from 0 to 100; a good score is considered 76 or higher.

How Can You Maximize Credit Card Rewards for Your Business? 

Your best chance of maximizing rewards on your business credit card is to get a card that offers bonus rewards in categories where you spend money every day. Try to use your card whenever possible and, if feasible, consider getting more than one card to complement each other. 

For example, if you travel a lot, you might have a card that earns 2 points for every dollar spent on travel and 1 point on everything else. Use that card for travel expenses, then for all your other purchases use, say, a card that earns a flat 1.5% on all expenditures. 

Credit card rewards may not be at the top of your priority list as a business owner, but they can add up fast and provide a decent return on investment.

Methodology

We collect data on hundreds of cards and score more than 55 features that affect your finances. We do this because it's our mission to give you unbiased, comprehensive credit card reviews.

Our reviews are always impartial: No one can influence which cards we review, the way we present them to you, or the ratings they receive.

About This List

The Balance editorial team compiled this best card list using the same factors used to evaluate our best overall card rankings, but focused on cards issued to small business owners.

What We Score

Rewards, annual fee, and regular APR are the most important things people consider when choosing a credit card, so we weigh those features most heavily. Beyond limiting this list to small business cards, we applied the same methodology we use to determine our best overall credit cards. For full details on how we evaluate credit card attributes, check out our full methodology.

To see the rates and fees of featured American Express Card, please see the following links: American Express® Blue Business Cash Card rates and fees.