Pile of colored credit cards. Concept: best business credit cards.
Monica Williams
By: monica_williams
Read in 14 minutes

The 10 Best Small Business Credit Cards

Best Business Credit Cards at a Glance
1. The Business Platinum Card American Express
2. American Express Business Gold Card
3. Marriot Bonvoy Business American Express Card
4. Capital One Spark Cash for Business
5. Chase Ink Business Cash Credit Card
6. Chase Ink Business Preferred Credit Card
7. Capital One Spark Miles
8. United Business Card
9. Southwest Rapid Rewards Performance Business Credit Card
10. Bank of America Business Advantage Travel Rewards World Mastercard

How do you take care of the cash emergencies in your business? Have you considered opening a business credit card? If so, what are the best small business credit cards? Keep reading to find out.

Why should I get a small business card? 

A small business credit card can help you handle unexpected business expenses, build your business credit, keep an eye on your employees’ expenses, and stay organized. But the key question is: What is the best credit card for small business? The credit limit, fees, and requirements differ for each one. Some of them offer business-specific rewards programs. The truth is, there’s an overwhelming amount of business credit cards available for you, but as a busy business owner, you don’t want to lose your time comparing and shopping around.

We did precisely that for you. And we bring you here a shortlist with the best business credit cards.

Check out this complete list of benefits that come with a business credit card

10 Best Business Credit Cards

The Business Platinum Card American Express

Annual Fee: $595

Benefits and Features

  • Earn 75,000 Membership Rewards points after you spend $15,000 all on qualifying purchases within the first 3 months of membership.
  • Get access to more than 1,200 airport lounges in 500 countries spread out across the globe.
  • The card offers travelers more lounge options than any other credit card provided on the market today.
  • Receive up to $200 every year in statement credits every time a qualifying airline charges incidental fees such as in-flight refreshments to your business credit card.

American Express Business Gold Card

Annual Fee: $295

Benefits and Features

  • Earn 35,000 Membership Rewards points after you spend $5,000 on eligible purchases within the first 3 months of membership.
  • Earn 4 points on the 2 categories where you spend most each month, up to the first $150,000 in combined spend, including shipping, buying gas, advertising in select media, purchased-directly-from-an-airline airfare, and computer cloud computing, software, and hardware purchases.
  • Earn 1 points on purchases thereafter.

Marriot Bonvoy Business American Express Card
CAMINO FINANCIAL CHOICE!

Annual Fee: $125

Benefits and Features

  • Earn 75,000 bonus Marriott Bonvoy points after you use your new card to make $3,000 in purchases within the first 3 months.
  • Get 6 points for each dollar of eligible purchases at participating Marriott Bonvoy hotels.
  • Get 4 points at US restaurants, gas stations, wireless telephone services bought directly from service providers in the US, and on US shipping purchases.
  • Earn 2 points on every other eligible purchase
  • Receive 1 free night award every year after your card account anniversary. Plus, earn an additional free night award after you spend $60,000 in purchases on your card in a calendar year.
  • No blackouts

Capital One Spark Cash for Business

Annual Fee: $0 annual fees for the first year; $95 afterward

Benefits and Features

  • Earn $500 cash bonus after spending $4,500 within the first three months of card opening.
  • Get unlimited 2% cash back.
  • Zero fraud liability if your credit card gets lost or stolen.
  • Get automatic fraud alerts.
  • Redeem points anytime; no minimums.
  • No foreign transaction fees.
  • Easily and securely download your purchase records to multiple formats including Excel®, Quicken®, or QuickBooks™ to make accounting easy.
  • Receive quarterly and yearly reports and easily handle your planning, budgeting, and taxes.

Chase Ink Business Cash Credit Card

Annual Fee: No annual fee

Benefits and Features

  • Earn $500 bonus cash back after spending $3,000 within 3 months of account opening.
  • Earn 5% cash back on the first $25,000 spent on office supply, internet, cable, and phone services.
  • Earn 2% cash back on the first $25,000 spent on meals and gas.
  • Earn 1% cash back on every other purchase.
  • Redeem rewards for cash back, travel, and gift cards via Chase Ultimate Rewards®.
  • As long your card stays open, cash rewards don’t expire.

Chase Ink Business Preferred Credit Card

Annual Fee: $95

Benefits and Features

  • Earn 100,000 points upon spending $15,000 within 3 months of card opening.
  • Earn 3 points per dollar 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.
  • Get free employee cards.
  • No foreign transaction fees.

Capital One Spark Miles

Annual Fee: $0 for the first year and $95 afterward

Benefits and Features

  • Spend $4,500 on purchases within the first 3 months of card opening and receive 50,000 bonus miles.
  • No blackouts, seat restrictions, or minimum to redeem.
  • Earn unlimited 2 miles on each purchase.
  • Zero fraud liability if a card gets stolen or lost.
  • Redeem miles for any hotel stays, airline tickets, and vacation packages with no expiration date.

United Business Card

Annual Fee: $0 for the first year; $99 afterward

Benefits and Features

  • Get 60,000 bonus miles after spending $3,000 within the first 3 months of opening the card.
  • Get 2 miles on purchases from United including tickets, inflight food, beverages, Wi-Fi and other charges, restaurants and eligible delivery services, gas stations, office supply stores, and on local transit and commuting.
  • Get 1 mile per $1 spent on all other purchases.
  • Employee cards at no additional cost.

Southwest Rapid Rewards Performance Business Credit Card

Annual Fee: $199

Benefits and Features

  • Earn 9,000 points annually on your cardmember anniversary.
  • Get free employee cards.
  • No foreign transaction fees.
  • Earn 70,000 points after spending $5,000 on business purchases within the first 3 months of opening the credit card.
  • Earn 3 points for every $1 you spend on Southwest Airlines purchases, 2 points for every $1 you spend on social media and search engine advertising; internet, cable, and phone services and 1 point for every dollar you spend on all other purchases.

Bank of America Business Advantage Travel Rewards World Mastercard

Annual Fee: No annual fee

Benefits and Features

  • Make $3,000 purchases within the first 90 days of credit card opening and earn 30,000 bonus points.
  • Every dollar you spend on travel purchases such as airline, car, or hotel earns you 3 points.
  • Each dollar you spend on all purchases everywhere earns you 1.5 points each time, regardless of how much you spend.
  • No limit to how many points you can accumulate.
  • Points do not expire.
  • No foreign transaction fees.
  • If you are a Business Advantage Relationship Rewards client, you can earn up to 75% rewards bonus for every purchase made.

What to Consider When Selecting a Business Card

  • Requirements

Make sure you know the requirements of the vendor of your choice since they differ widely among business credit cards.

Of course, you need to have a business, even if it’s a small sole proprietorship. Also, make sure you know your credit score since most business credit cards will require you to meet a minimum threshold. You may not get approved for some cards unless your credit is excellent.

That said, you should get a business credit card even without a good credit score. You will just need to spend some time researching to find a card that fits your situation. Finally, while some business cards providers will require you to have an SSN, others will extend you a credit card with your business ITIN only.

  • Type of business

Consider the lifestyle of your business. Are you and your employees always doing long-distance travel? Do you spend tons of money entertaining clients in restaurants? Maybe your company spends a lot on gas?

Choose a business credit card that delivers the most benefits given your business’ lifestyle. If you are planning to use your card to make a big purchase soon, consider one that comes with an introductory 0 % APR deal.

  • Rewards

Consider also your type of business and the kind of operational costs you have when thinking of the rewards you want to seek. Get a business credit card that offers the best rewards for those expenses.

  • Fees

Look at the annual fee payable. Sometimes, paying an annual fee makes sense. Usually, cards that require an annual fee offer higher sign-up bonuses and higher rewards rates.

Other FAQs About Business Credit Cards

  • How do you get a business credit card?

Follow these 5 steps:

  1. Incorporate your business to help separate your personal credit from that of your company.
  2. Apply for an EIN number.
  3. Open a business bank account.
  4. Apply for the business credit card of your choice.
  5. Pay all bills and invoices on time to build your business credit history.
  • Can you get a business credit card with bad credit?

Yes, you can. If you have a credit score of 550 or below you can apply for a secured credit card (meaning, you’ll be required to put up collateral to be approved). Also, check our list of the best cards for bad credit.

  • Can I use my EIN to get a credit card?

The main purpose of an EIN (Employee Identification Number) is to serve the IRS as an identifier for your business taxes, but it’s also required for most businesses to open a bank account and applying for a loan or for a credit card. You can learn here more about EIN.

Use Your Business Card Wisely or Consider Other Options

You want to keep your good credit score, right? Then, always pay your monthly business credit card bill in full and on time. You can set up automatic payments so you don’t need to remind yourself or write down the due date on your calendar. When you pay down your credit card bill within 30 days, you don’t pay interest.

To sum up, a business credit card is a great tool to get quick access to money, but as with everything that has to do with your finances, it should be treated with caution.

Learn here the do’s and don’ts when using a business card

“A business credit card doesn’t sound like a good idea for me.” If that’s what you’re thinking, don’t worry. A business credit card isn’t the only way to raise capital for your small business. After all, business credit cards are best for small and recurring expenses that can be paid back within 60 days.

For long-term capital, you should consider other options. A business loan is a great alternative. For more information on how a credit card stacks up against a business loan, read this post.  

To Sum Up

Separating your personal expenses from your business expenses is advisable, and a business credit card is a great tool to do just that. It makes planning, budgeting, and handling your taxes a lot easier, while you can enjoy great rewards and benefits. Consider the features and benefits a credit card offers and seek for the best business credit cards featured in the article.

But not everyone likes using credit cards. If that’s you, consider other options such as a small business loan. You can apply today! Submitting your application will take you just a few minutes, and it won’t impact your credit.

Check if you
qualify for a loan

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