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Business balance transfer credit cards

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Improve your business’ cash flow, save interest and consolidate debt.

A business balance transfer credit card with a 0% intro APR can help your company save the funds you’ve been using to pay interest charges. It can also free up cash flow, reduce debt and even improve your credit score. And as a bonus — you’ll earn rewards on your purchases.

Best business credit cards for balance transfers

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Best business card for longest intro APR period: Blue Business℠ Plus Credit Card

Blue Business℠ Plus Credit Card

Earn 2X Membership Rewards® points on everyday business purchases on up to $50,000 with no category restrictions.

Promoted
The Blue Business℠ Plus Credit Card offers one of the longest intro APR periods on balance transfers and purchases that you can find in a business card. This can be ideal if you’re paying high interest on another card and you want to save money, or if you’re looking to stock up on inventory and pay them off later.

You’ll also earn membership points, which can be redeemed for gift cards, travel, shopping or as a charitable donation. And if your business has more employees, you can get free cards and earn rewards on their purchases as well.

Best business card for unlimited cash back: Ink Business Unlimited℠ credit card from Chase

Ink Business Unlimited℠ credit card

500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.

Promoted
The Chase Ink Business Unlimited℠ credit card could be a great choice if you’re looking for a balance transfer business credit card that also lets you earn rewards on your purchases. You’ll get a flat rate on everything you buy, and you can redeem your rewards for cash back, gift cards, shopping and more.

Compare this card to other business credit cards.

Best business card for increased cash back on office supplies: Ink Business Cash℠ credit card from Chase

Ink Business Cash℠ credit card

$500 bonus cash back after you spend $3,000 in the first 3 months.

Promoted
If your company spends heavily on office supplies, Internet, gas and dining, and you’re also looking for a business balance transfer card, the Ink Business Cash℠ credit card from Chase could be a great choice. It offers accelerated rewards on these categories, plus you’ll be able to redeem your rewards for more than just cash back.

Compare this card to other business credit cards.

How to compare balance transfer business credit cards

When comparing business credit cards for balance transfers, consider the following:

  • How long of an intro period do you need? If you’re looking for the longest intro APR period, the Blue Business℠ Plus Credit Card could be your best option. You’ll also earn rewards on your purchases, and you’ll get access to American Express’ expense management tools.
  • Do you want to earn rewards on all of your purchases? The Chase Ink Business Unlimited℠ credit card is one of the best credit cards for earning unlimited rewards on everything you buy for your business. And you’ll get an interest-free period on balance transfers and purchases.
  • Do you spend heavy on office supplies, gas or dining? If you do, the Ink Business Cash℠ credit card from Chase may be the right card. You’ll earn high cash back while you save money on interest with a year-long intro APR period on balance transfers and purchases.

Compare business credit cards

Updated October 23rd, 2018
Name Product APR (Annual Percentage Rate) for Purchases Introductory Purchase APR Annual Fee
None (Charge Card)
$450
New cardholders can earn 75,000 Membership Rewards® bonus points by spending $10,000 on purchases for the first 50,000 points and then another $10,000 for the next 25,000 points on their new card in the first 3 months.
None (Charge Card)
$0 annual fee for the first year ($250 thereafter)
This charge card gives you the option to pay in full each month or to carry a balance for up to 60 days with no interest.
20.24% variable
$0 annual fee for the first year ($175 thereafter)
Earn 50,000 Membership Rewards® points after you spend $5,000 in qualifying purchases on the Card within your first 3 months of Card Membership.
14.24%, 19.24% or 21.24% variable
0% for the first 9 months (then 14.24%, 19.24% or 21.24% variable)
$0
Save on interest with a 0% intro APR on purchases for 9 months; after that your APR will be 14.24% - 21.24% variable.
14.99% to 20.99% variable
0% for the first 12 months (then 14.99% to 20.99% variable)
$0
$500 bonus cash back after you spend $3,000 in the first 3 months.
17.74% to 22.74% variable
$95
80,000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®.
17.74% to 24.74% variable
$0 annual fee for the first year ($99 thereafter)
75,000 Bonus points after you spend $3,000 on purchases in your first 3 months from your account opening with your Marriott Rewards Premier Business credit card.
24.74% variable
$0
Get the credit you want for your business, and unlimited 1% cash back on every purchase, every day.
14.74%, 18.74% or 22.74% variable
0% for the first 9 months (then 14.74%, 18.74% or 22.74% variable)
$0
Unlimited 1.5X miles per dollar on every purchase, every day.
18.74% variable
$0 annual fee for the first year ($95 thereafter)
Unlimited 2 miles per dollar on every purchase, every day.
14.74%, 18.74% or 22.74% variable
0% for the first 9 months (then 14.74%, 18.74% or 22.74% variable)
$0
Unlimited 1.5 cash back on every purchase, every day.
18.74% variable
$0 annual fee for the first year ($95 thereafter)
Unlimited 2% cash back from Spark Cash could mean thousands of dollars each year going back into your business. No minimum to redeem.
17.74% to 24.74% variable
$0 annual fee for the first year ($95 thereafter)
50,000 bonus miles after you spend $3,000 on purchases in the first 3 months your account is open.
17.74% to 24.74% variable
0% for the first 9 months (then 17.74% to 24.74% variable)
$99
Earn 2x points on Southwest® purchases and 1x point on all other purchases. Plus 6,000 anniversary bonus points.
17.99% to 25.99% variable
$0 annual fee for the first year ($99 thereafter)
For a limited time, earn 70,000 American Airlines AAdvantage® bonus miles after making $4,000 in purchases within the first 4 months of account opening.

Compare up to 4 providers

Pros and cons of business balance transfer credit cards

Pros

  • Saves your business money. With a low or 0% intro APR, you’re able to cut down on unnecessary interest on previous purchases.
  • Gets you out of debt faster. Without paying any interest, your monthly payments go solely toward your principal balance, meaning you can get your debt under control faster.
  • Simplifies your finances. Transferring multiple credit card balances over to one balance transfer card can consolidate your many monthly payments into just one bill.
  • Additional credit card perks. After you’ve paid off your debt and you’re using this card for everyday business purchases, you could enjoy travel perks, cashback rewards and more with your new balance transfer card.

Cons

  • Your interest rate could be higher in the long-run. If you don’t pay off your debt within the intro period, you could end up with a higher APR than the one you originally had.
  • You could fall into more debt. If you continue to use your old credit card after the balance has been paid off, you could find yourself with an even larger debt to manage.
  • They can get expensive. If your card charges balance transfer fees on top of a high annual fee, you may end up paying more to transfer your debt over than you initially thought.
  • Your credit score could take a dip. Whenever you apply for a credit card, the issuer does a hard pull on your credit, which will likely cause your score to drop. Moreover, if you continue to use your old credit card and rack up more debt, your credit utilization ratio could rise and further lower your score.

How to choose between a personal and business balance transfer credit card

Wondering whether you can use a personal credit card for business purposes? The short answer is yes — and there are a few big points that could impact your decision to go with business or personal plastic.

  • Protection. Thanks to the CARD Act of 2009, providers of personal credit cards aren’t allowed to unexpectedly raise interest rates or charge excessive fees. These same protections aren’t available to business credit cardholders.
  • Benefits. There are quite a few personal balance transfer credit cards that come with great travel perks, which may be more appealing than the business perks that typically revolve around general operations.
  • Users. Adding multiple users is usually easier to do with a business credit card — and some even allow you to get extra cards at no additional cost.
  • Limitations. Business credit cards also tend to be, well, more business-friendly. You may be able to get approved for a higher credit limit if you opt to apply for a business credit card than a personal one.

Can I transfer debt from a personal credit card to a business balance transfer credit card?

Yes, if you’ve been using a personal credit card for your business and want to transfer the balance over to your new business credit card, you can.

How to manage a business balance transfer credit card

So you got a business balance transfer credit card. What’s next? Here are a few things to keep in mind when managing your card:

  • Confirm your balance transfer has been processed. Many business balance transfer credit cards take up to 14 days to process a balance transfer request. After two weeks have passed, call your old credit card issuers to make sure they’ve been paid off by your new credit card provider.
  • Make timely payments. A lot of credit card providers allow you to sign up for autopay, which makes paying your credit card bill one less thing on your business’s monthly to-do list.
  • Avoid using your card to make new purchases. If you got the business balance transfer credit card in order to pay off your business’s debt faster and more cheaply, try to avoid using the card for new purchases until after you’ve paid down the balance.
  • Avoid fees. Many credit card providers charge late and returned payment fees, as well as fees on cash advances, foreign transactions and balance transfers. Read the terms and conditions of the credit card you end up with to make sure you understand all of the costs you could incur.
  • Contact customer service. Keep an eye on your bill, and reach out to your credit card provider if you notice any problems.

Bottom line

A business balance transfer credit card can be a useful tool for managing your company’s finances, but there are some traps to watch out for. Mainly, try to make your payments on time to avoid incurring a high penalty APR, and know that the amount you can transfer is limited — usually less than $15,000.

Be sure to compare all available options and make the necessary calculations before deciding which card is best suited for your business’s needs.

Frequently asked questions

Pictures: Shutterstock

Jennifer Gimbel

Jennifer Gimbel is an editor at finder.com and works with their team on producing the most informative and transparent comparisons on the Internet today. In her spare time, she loves to sketch, knit and take an obnoxious number of pictures of her puppy, Olive.

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US Credit Card Offers

Important Information*
Deserve® Classic Card
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APR

24.49
variable

Annual fee

0 For the first year
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