5 Best Business Credit Cards

5 Best Business Credit Cards

Best for Daily Spending with No Annual Fee
#1
Chase Ink Business Cash Credit Card
  • Scale up your business with a nice introductory offer of 0% interest on purchases and balance transfers in the first 12 months (and no annual fee, ever!)
  • Add authorized users with spending caps
  • Earn cash back on purchases you're already making for your business
Best for Flat-Rate Rewards
#2
Capital One Spark Cash for Business
  • No foreign transaction fees
  • Simple, uncomplicated, and flexible reward structure
  • Cash in on the $500 bonus when you spend $4,500 in 3 months
Best for Big Businesses
#3
Business Platinum Card from American Express (OPEN)
  • Enjoy premium travel perks like global airport lounge access, a 35% airline bonus, and concierge services
  • Easily add an authorized user with spending limits for peace of mind
  • No foreign transaction fees for international purchases
Best Hotel Card for Business Owners
#4
Starwood Preferred Guest Business Credit Card by AmEx
  • Starpoints tend to have a higher value (~2.3 cents/point) than most other rewards points
  • Get your rewards, how you want them–redeem for free hotel stays and free flights
  • Access free wifi wherever there's a Boingo hotspot

After 19 hours of research evaluating 61 products, we picked Chase Ink Business Cash Credit Card as our top choice.

Big businesses and new businesses are not so different. In both cases, the importance of keeping business and personal expenses separate is key, and managing expenses and employees shouldn't add stress to your life. 

Choosing one of the best business credit cards may end up being a more important part of your business than you think.

Business credit cards often come with lower interest rates than the standard personal credit card, or other convenient credit sources such as unsecured loans from online business lenders.

So finding the best business credit card for your particular business becomes important.

If you're spending a considerable amount of money on your business each month, it's important to consider the role that building credit can play in helping you grow.

Just like with your personal credit cards, you can use the best business credit cards to build your business credit.

Improving your business credit score means lower interest rates and access to higher credit limits.

Here's the deal:

It's important to understand the difference between personal and business credit cards.

Right off the bat, business credit cards tend to have higher credit limits than personal consumer credit cards. Also, businesses often need to get credit cards for their employees, and the best business credit cards allow you to add authorized users with spending limits.

Additionally, the rewards being offered by the best small business credit card choices to are tailored specifically to their needs, with options that tend to include things like discounts on shipping or travel perks.

But here's the kicker:

Business credit cards are not afforded the same consumer protection laws that personal credit cards receive under the Credit CARD Act of 2009. This could be problematic, as a card issuing bank can change the APR or grace period without any notice if they please.

In the spirit of providing a good customer experience to their business customers, some major credit card issuers have made the choice to voluntarily extend traditional consumer protections to business credit cardholders. 

Now:

You're sufficiently prepared to start shopping for the best business credit card for your business. The following options consider a variety of uses and perks—there's sure to be at least one that's a perfect fit for your business!

Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.


Editorial staff

Quick Look: 5 Best Business Credit Cards
SimplyCash Plus Business Credit Card from American Express
  • Pick your own bonus category based on your business spending
  • Enjoy relatively low interest fees and no annual fee
  • Don't rush to earn your bonus, you have 6-12 months to earn $400
Check on Americanexpress
Starwood Preferred Guest Business Credit Card by AmEx
  • Starpoints tend to have a higher value (~2.3 cents/point) than most other rewards points
  • Get your rewards, how you want them–redeem for free hotel stays and free flights
  • Access free wifi wherever there's a Boingo hotspot
Check on Americanexpress
Business Platinum Card from American Express (OPEN)
  • Enjoy premium travel perks like global airport lounge access, a 35% airline bonus, and concierge services
  • Easily add an authorized user with spending limits for peace of mind
  • No foreign transaction fees for international purchases
Check on Americanexpress
Capital One Spark Cash for Business
  • No foreign transaction fees
  • Simple, uncomplicated, and flexible reward structure
  • Cash in on the $500 bonus when you spend $4,500 in 3 months
Check on Capitalone
Chase Ink Business Cash Credit Card
  • Scale up your business with a nice introductory offer of 0% interest on purchases and balance transfers in the first 12 months (and no annual fee, ever!)
  • Add authorized users with spending caps
  • Earn cash back on purchases you're already making for your business
Check on Creditcards.chase
5 Best Business Credit Cards

5 Best Business Credit Cards

Read Video Infographic Tips

After 19 hours of research evaluating 61 products, we picked Chase Ink Business Cash Credit Card as our top choice.

Big businesses and new businesses are not so different. In both cases, the importance of keeping business and personal expenses separate is key, and managing expenses and employees shouldn't add stress to your life. 

Choosing one of the best business credit cards may end up being a more important part of your business than you think.

Business credit cards often come with lower interest rates than the standard personal credit card, or other convenient credit sources such as unsecured loans from online business lenders.

So finding the best business credit card for your particular business becomes important.

If you're spending a considerable amount of money on your business each month, it's important to consider the role that building credit can play in helping you grow.

Just like with your personal credit cards, you can use the best business credit cards to build your business credit.

Improving your business credit score means lower interest rates and access to higher credit limits.

Here's the deal:

It's important to understand the difference between personal and business credit cards.

Right off the bat, business credit cards tend to have higher credit limits than personal consumer credit cards. Also, businesses often need to get credit cards for their employees, and the best business credit cards allow you to add authorized users with spending limits.

Additionally, the rewards being offered by the best small business credit card choices to are tailored specifically to their needs, with options that tend to include things like discounts on shipping or travel perks.

But here's the kicker:

Business credit cards are not afforded the same consumer protection laws that personal credit cards receive under the Credit CARD Act of 2009. This could be problematic, as a card issuing bank can change the APR or grace period without any notice if they please.

In the spirit of providing a good customer experience to their business customers, some major credit card issuers have made the choice to voluntarily extend traditional consumer protections to business credit cardholders. 

Now:

You're sufficiently prepared to start shopping for the best business credit card for your business. The following options consider a variety of uses and perks—there's sure to be at least one that's a perfect fit for your business!

Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.


Editorial staff

Quick Look: 5 Best Business Credit Cards
SimplyCash Plus Business Credit Card from American Express
  • Pick your own bonus category based on your business spending
  • Enjoy relatively low interest fees and no annual fee
  • Don't rush to earn your bonus, you have 6-12 months to earn $400
Check on Americanexpress
Starwood Preferred Guest Business Credit Card by AmEx
  • Starpoints tend to have a higher value (~2.3 cents/point) than most other rewards points
  • Get your rewards, how you want them–redeem for free hotel stays and free flights
  • Access free wifi wherever there's a Boingo hotspot
Check on Americanexpress
Business Platinum Card from American Express (OPEN)
  • Enjoy premium travel perks like global airport lounge access, a 35% airline bonus, and concierge services
  • Easily add an authorized user with spending limits for peace of mind
  • No foreign transaction fees for international purchases
Check on Americanexpress
Capital One Spark Cash for Business
  • No foreign transaction fees
  • Simple, uncomplicated, and flexible reward structure
  • Cash in on the $500 bonus when you spend $4,500 in 3 months
Check on Capitalone
Chase Ink Business Cash Credit Card
  • Scale up your business with a nice introductory offer of 0% interest on purchases and balance transfers in the first 12 months (and no annual fee, ever!)
  • Add authorized users with spending caps
  • Earn cash back on purchases you're already making for your business
Check on Creditcards.chase

Most Flexible Business Credit Card

Most Flexible Business Credit Card: SimplyCash Plus Business Credit Card from American Express
Apply Now
On Card Issuer’s Secure Website
  • Variable APR
    13.49% - 20.49%
  • Cash Advance APR
    n/a
  • Rewards Rate
    1.0%
  • Annual Fee
    $0
  • Intro APR
    0% on Purchases for 9 months
  • Bonus Offers
    Earn a $250 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership. Plus, earn an additional $250 statement credit after you spend an additional $10,000 or more in qualifying purchases on

Pros

  • Pick your own bonus category based on your business spending
  • Enjoy relatively low interest fees and no annual fee
  • Don't rush to earn your bonus, you have 6-12 months to earn $400

Cons

Unlike many others on this list of the best business credit cards, the SimplyCash Plus Business Credit Card from American Express has a foreign transaction fee. Additionally, it's important to remember that you can't always swipe your AmEx—not all merchants accept it.

Details

  • Special Offer: Earn up to $500 cash back
  • Earn a $250 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $250 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
  • No Annual Fee. Plus, more buying power and more cash back. Get cash back on business purchases, even those above your credit limit.
  • 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • 3% on the category of your choice from a list of eight and 1% cash back on other purchases.
  • 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% applies thereafter. Cash back received is automatically credited to your statement.
  • Terms and limitations apply

Application Process: Online, and you'll get a decision in approximately 60 seconds.

Annual Fee: None, which makes it different than many others on this list of the best business credit cards.

APR: 0% introductory APR for the first 9 months. After that, expect a variable APR of 13.24% to 20.24%. Additionally, there's a late and return payment fee of $38.

RewardsEarn 5% Cash Back on office supplies an cell phone purchases (up to $50,000/year), 3% in an additional category of your choice (the list includes things like airfare, hotel stays, car rentals, restaurants, and gas purchases), and 1% on everything else.

Bonus OffersEarn up to $400 in statement credit. Here's where it gets a bit complicated: the first $200 you can earn with $5,000 spent within 6 months of account opening, the next $200 you can earn with an additional $10,000 spent within 12 months of card opening. Unlike many of the others on this list of the best business credit cards, this one gives you time to earn the bonus without forcing a large purchase early on.

You'll redeem cash back as statement credits on the second statement after it’s earned.

Best Hotel Card for Business Owners

Best Hotel Card for Business Owners: Starwood Preferred Guest Business Credit Card by AmEx
Apply Now
On Card Issuer’s Secure Website
  • Variable APR
    16.49% - 20.49%
  • Cash Advance APR
    29.99%
  • Rewards Rate
    1.0%
  • Annual Fee
    $0 for the first year, then $95
  • Intro APR
    n/a
  • Bonus Offers
    Earn 25,000 Starpoints® after you use your new Card to make $3,000 in purchases within the first 3 months. Terms Apply.

Pros

  • Starpoints tend to have a higher value (~2.3 cents/point) than most other rewards points
  • Get your rewards, how you want them–redeem for free hotel stays and free flights
  • Access free wifi wherever there's a Boingo hotspot

Cons

AmEx fans know oh too well that this card has limitations in terms of where it can be used. Not all countries or business establishments accept AmEx because of their high swipe fees, which can hurt smaller establishments. As such, the Starwood Preferred Guest Business Credit Card by AmEx is best used as a part of a larger business credit card portfolio, with a backup ready to take over if your AmEx can't be charged.

Details

  • Earn 25,000 bonus Starpoints® after you use your new Card to make $5,000 in purchases within the first 3 months.
  • Earn 2 Starpoints® for each dollar of eligible purchases at participating SPG® & Marriott Rewards® hotels. Earn 1 Starpoint® for all other purchases.
  • Redeem Starpoints® for free nights at over 1,300 hotels & resorts in over 100 countries and for free flights on over 150 airlines with SPG Flights. Some hotels and resorts may have mandatory service charges.
  • Free, unlimited Boingo Wi-Fi at more than 1,000,000 Boingo hotspots worldwide. Enrollment required.
  • No Foreign Transaction Fees on international purchases and $0 introductory annual fee for the first year, then $95.
  • Terms Apply

Annual Fee: $95, which is waived for the first year. No additional fees for authorized card users.

APR: A variable APR between 16.24% to 20.24%.

RewardsEarn 2 Starpoints for each dollar of eligible purchases at participating Starwood Preferred Guest Marriott, Starwood, Sheraton & Westin hotels, and 1 Starpoint for all other purchases. These Starpoints can be redeemed for free flights or hotel and resort stays. Stay at over 1,300 hotels and resorts in 100 countries worldwide and claim flights from over 150 partner airlines.

As an additional travel perk, make use of free wifi at over 1 million Boingo hotspots.

ValuePenguin also mentions a number of American Express OPEN Benefits that include discounts to popular national chains.

Bonus OffersEarn 25,000 bonus Starpoints with $5,000 spent over 3 months.

Best for Big Businesses

Best for Big Businesses: Business Platinum Card from American Express (OPEN)
Apply Now
On Card Issuer’s Secure Website
  • Variable APR
    n/a
  • Cash Advance APR
    n/a
  • Rewards Rate
    1.0%
  • Annual Fee
    $450
  • Intro APR
    n/a
  • Bonus Offers
    Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 25,000 points after you spend an additional $10,000 all on qualifying purchases within your first 3 months of Card Membership. Terms Apply.

Pros

  • Enjoy premium travel perks like global airport lounge access, a 35% airline bonus, and concierge services
  • Easily add an authorized user with spending limits for peace of mind
  • No foreign transaction fees for international purchases

Cons

The annual fee is the highest on this list of the best business credit cards. Some users justify it because they don't have to pay for interest. That said, each statement requires full payment, or a fee will be assessed. 

Details

  • Welcome Offer: Earn up to 75,000 Membership Rewards® points.
  • Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 25,000 points after you spend an additional $10,000 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.
  • You can also receive 35% points back on all First and Business class flights, with all airlines available through American Express Travel.
  • You can enjoy access to The American Express Global Lounge Collection℠ offering access to the most lounges across the globe, when compared with other U.S. credit card offerings. As of 6/2017
  • Terms Apply

Application Process: Fill out the online application for consideration, with a decision in as little as 60 seconds.

Annual Fee: A hefty $450, which may be offset by a lack of having to pay interest.

APR: None! Although, since it is a business charge card, the balance is required to be paid by the end of the statement due date. Late payments are charged $38 or 2.99% of the outstanding balance.

RewardsPoints can be redeemed starting at 1,000 points. Other rewards include:

  • 5x more points for each dollar of eligible purchases made when you book on the American Express travel website
  • 1.5x more points for every eligible purchase of $5,000 or more
  • All other purchases earn 1 point per dollar

There are some additional travel perks you may benefit from as well:

  • Global airport lounge access at over 1,000 airports worldwide, through the American Express Global Lounge Collection
  • Free wifi at over 1 million Boingo hotspots
  • $200 annual statement credit for incidental purchases made with an airline of your choice
  • 35% bonus when using points to book travel with your selected qualifying airline
  • 35% of your points back on all first and business class travel booked, with any qualifying airline, through the American Express Travel booking portal

The Points Guy shares 9 reasons why he loves the Business Platinum Card from American Express, and many of them relate to these travel perks.

Bonus OffersEarn 50,000 Membership Rewards points after spending $10,000 on purchases within the first 3 months. Earn an additional 25,000 points after spending an additional $10,000 on qualifying purchases, and a potential bonus of 75,000 points, redeemable as $750 credit, when booking through the AmEx travel portal.

Best for Flat-Rate Rewards

Best for Flat-Rate Rewards: Capital One Spark Cash for Business
Apply Now
On Card Issuer’s Secure Website
  • Variable APR
    18.24%
  • Cash Advance APR
    20.24%
  • Rewards Rate
    2.0%
  • Annual Fee
    $0 for the first year, then $95
  • Intro APR
    $0
  • Bonus Offers
    A one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.

Pros

  • No foreign transaction fees
  • Simple, uncomplicated, and flexible reward structure
  • Cash in on the $500 bonus when you spend $4,500 in 3 months

Cons

This card is definitely for bigger spenders, not necessarily small business owners/entrepreneurs just getting started. You’ll only break even on the card (considering the annual fee) if you plan to spend more than $2,950 in the first year. 

Details

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $95 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend

Application Process: Online—a simple one page application.

Annual Fee: $59, which is waived the first year.

APR: A flat 17.99% variable APR, and 23.99% for cash advances. Don't subject yourself to the 30.4% penalty APR!

RewardsEarn 2% cash back on all spending, even on the cards your employees use. Redeem rewards whenever you want - no need to wait for a specific time or spending minimum.

Bonus Offers: Earn a $500 bonus when you spend $4,500 within the first 3 months. It's not the best bonus offer, but it's a nice bonus if you're about to make a big purchase.

Best for Daily Spending with No Annual Fee

Best for Daily Spending with No Annual Fee: Chase Ink Business Cash Credit Card
Apply Now
On Card Issuer’s Secure Website
  • Variable APR
    14.49% - 20.49%
  • Cash Advance APR
    26.24%
  • Rewards Rate
    1.0%
  • Annual Fee
    $0
  • Intro APR
    0% on Purchases and Balance Transfers for 12 months
  • Bonus Offers
    Earn $300 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.

Pros

  • Scale up your business with a nice introductory offer of 0% interest on purchases and balance transfers in the first 12 months (and no annual fee, ever!)
  • Add authorized users with spending caps
  • Earn cash back on purchases you're already making for your business

Cons

If you don't spend a lot on office supplies, telecom services, gas or dining, then this probably isn't the best business credit card for you. Without a moderate to high spend in any of these categories, you won't be able to maximize the rewards this card offers.

Details

  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Named "Best Rewards Card for Small Business Owners" by Kiplinger's Personal Finance, July 2017
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • 0% introductory APR for 12 months on purchases and balance transfers
  • Employee cards at no additional cost
  • No Annual Fee

Application Process: Apply online, with a simple application similar to (though not completely the same as) Chase's consumer credit card offerings.

Annual Fee: Absolutely none! It's a beautiful thing.

APR: Expect a variable APR between 14.24% to 20.24%, but first, 12 months of 0% APR. Additionally, money transfers cost 5% of the total amount, and foreign transactions cost 3% of the total transaction.

Rewards: The Chase Ink Business Cash Credit Card offers a number of useful rewards:

  • 5% cash back on office supplies and cable/telecom services, with a $25,000 annual spending limit
  • 2% cash back on dining and gas (also up to a $25,000 annual spend)
  • Unlimited 1% cash back everywhere else

Rewards come in the form of cash back, and redemption starts with a minimum of $20. 

Bonus OffersGet $300 cash back when you spend $3,000 within the first 3 months.

Maddy Osman creates engaging content with SEO best practices for marketing thought leaders and agencies that have their hands full with clients and projects. Learn more about her process and experience on her website, www.The-Blogsmith.com and read her latest articles on Twitter: @MaddyOsman.

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