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Compare small business credit cards for fair credit

Capital One offers a good unsecured product. Also, consider secured business cards.

Use our table to compare business cards for fair credit. Select up to four cards and click "Compare" to see how their features stack up. Or select "Show filters" to narrow your search to products that fit your credit score range and have the perks you need most.

Name Product Rewards Purchase APR Annual fee
Universal Premium Mastercard®
3 cents off per gallon when you buy 30,000 or more gallons in a month plus 3 cents off at the Retail Savings Network
27.24% variable
Up to $120
Earn 3 cents off per gallon when you buy 30,000 or more gallons in a month plus 3 cents off at the Retail Savings Network.
BP Business Solutions Mastercard®
Up to 6 cents per gallon on fuel and 3.5 cents per gallon on diesel depending on number of gallons purchased per month
27.24% variable
Up to $120
Up to 6 cents per gallon on fuel and 3.5 cents per gallon on diesel depending on number of gallons purchased per month.
ARCO Business Solutions Mastercard
18.24% to 27.24% variable
Up to $180
This card offers spending flexibility, the freedom to use the cards wherever you need, detailed cost analysis, individual card control, and incremental rebates that deliver more for your fleet management system.
ARCO Business Solutions Fuel Card
18.24% to 27.24% variable
Up to $180
The ARCO Business Solutions Fuel Card gives your drivers access to greater performance with high quality fuels at ARCO locations. The card provides fleet managers with detailed reporting and individual spending controls for each and every driver.
Speedway SuperFleet Mastercard®
Up to 5 cents per gallon off depending on purchase volume
Rates and fees not available before applying
See terms
Earn rebates on gas and diesel at thousands of Speedway locations.
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Compare up to 4 providers

Taking steps to move your business forward, such as getting a business credit card, can be exciting. And even if you have fair credit, you can find a card that works for you. Check out our recommendation for the best fair-credit business card, and consider other types of business funding.

Best business credit cards for fair credit

It’s not easy getting a business card with fair credit. However, you’re not out of luck. Capital One offers a good option, and you might qualify for secured business cards. You can also consider alternative business funding.

Quick look at small business credit cards for fair credit

Best charge card with no personal guarantee

Brex 30 Card

Finder rating 4.9 / 5 ★★★★★

Apply now
on Brex's secure site
Applying for the Brex 30 Card doesn't affect your credit score. And it doesn't require a personal guarantee as most business cards do. If you make it your exclusive corporate card, you'll earn 8x points on rideshare services, 5x points through Brex Travel, 4x points on restaurants, 3x points on recurring software and 1x points on all other purchases.

Best line of credit for business owners with fair credit

Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Finder rating 3.1 / 5 ★★★★★

Apply now
on WebBank's secure site
Terms apply, see rates & fees
The Petal® 2 "Cash Back, No Fees" Visa® Credit Card isn't a credit card. Rather, it's a card that lets you draw from a line of credit. If you're having trouble getting approved for other products on this list -- for which you'll have a better chance of approval with at least a fair credit score -- the Petal® 2 "Cash Back, No Fees" Visa® Credit Card may offer better chances. The company reportedly accepts applicants with credit scores as low as the 500s, although approval is never guaranteed.

Best business credit card for fair credit

Capital One® Spark® Classic for Business

Finder rating 3.6 / 5 ★★★★★

Providers prefer customers with good to excellent credit scores. That said, you may have difficulty getting a business card if your credit is average. The Capital One® Spark® Classic for Business might offer an opportunity. It's an unusual product because it's an unsecured business card specifically aimed at business owners with average credit. Typically, you may have trouble getting approved for an unsecured card with a FICO score below 580.

Best secured credit card with flat-rate rewards

Wells Fargo Business Secured Credit Card

Finder rating 4.1 / 5 ★★★★★

The Wells Fargo Business Secured Credit Card lets you choose between two reward structures. You can earn 1.5 cash back on net purchases. Or, you can earn 1x points on net purchases and receive bonus points each billing period your company spends at least . For the second option, you'll also get a 10% point credit when redeeming points online.

Best secured credit card with tiered rewards

BBVA Secured Visa® Business Credit Card

The BBVA Secured Visa® Business Credit Card offers 3x points at office supply stores and 2x points at restaurants and gas stations, which are especially strong rewards for a secured card. It offers 1x points on other purchases. Furthermore, you can get discounts at select merchants by enrolling your card in Visa SavingsEdge.

Best for improving personal credit score with potentially low deposit

Capital One Platinum Secured Credit Card

Finder rating 4.4 / 5 ★★★★★

Apply now
on Capital One Bank®'s secure site
The Capital One Platinum Secured Credit Card isn't a business product, but it's one of the best secured cards for personal use. It can be a good pick if you want to steadily improve your credit score before applying for a business card. And it differentiates itself with its security-deposit promotion: You can get a $200 credit line with a $49, $99 or $200 deposit depending on your creditworthiness.

What should I do if I’m having trouble getting approved for business credit cards?

If you’re running into denials and you need immediate funding, consider a small business loan. There will likely be business-specific requirements to get one, but some providers won’t disqualify you because of your personal credit.

How we chose our best business credit cards for fair credit

We evaluated business credit cards targeted to business owners with fair credit, singling out the products with standout features such as rewards or lenient approval requirements.

What’s changed in 2020

This list has held relatively steady for 2020. The Capital One® Spark® Classic for Business continues to be a strong — and uncommon — choice for an unsecured business credit card that’s available to applicants with less-than-perfect credit.

How to improve your credit

You’ll likely have your pick of business credit cards if your credit score is good. The application process could be frustrating, however, if you don’t have the best score.

One way to get around this problem is to apply with a card provider that doesn’t check your credit. The OpenSky® Secured Visa® Credit Card is a good option. If you’re approved, simply make card payments on time and keep your credit utilization low. In time, you can see a steady improvement in your credit score.

Another method is to take out a credit-builder loan. A bank will deposit a small amount of funds into a savings account — typically $500 to $1,500 — that you can access only once you’ve paid off the entire loan. Because your payments are reported to the credit bureaus, you’ll see an uptick in your credit score if you keep up with your loan.

How to build business credit

It’s also a good idea to build your business credit, which can help you get approved for financing more easily and negotiate better terms with vendors.

To start building business credit, establish tradelines with vendors and suppliers. Also, borrow from lenders that report your payment history to credit bureaus. With consistency, you’ll eventually build strong business credit.

How to compare business credit cards for fair credit

  • Credit limit. Some business owners have reported getting low credit limits for fair-credit business cards. Providers try to limit their risk, and setting low limits is one way they do so. Anticipate how much your business might spend in the near future and consider whether a business card will help you with all of your expenses.
  • Annual fee. When finances are tight, you might not want to pay an annual fee. Consider how much a card costs before applying.
  • APR. Fair-credit business cards often have very high interest rates because providers want to make sure they’re getting a return on their risk. Check a card’s APR before making a balance transfer or maintaining balances long term.
  • Other options. Don’t settle on a fair-credit business card just because you think there are no other options. Compare the top non-bank loans before applying to make sure you’re getting the best option.
  • Security deposit. If you’re applying for a secured credit card, consider the deposit you’ll have to submit in order to open an account. If applicable, consider the maximum deposit allowed.

Bottom line

It’s more difficult to get a business credit card if you have average credit. However, there’s a card that may fit: the Capital One® Spark® Classic for Business. If you’re not sure that’s right for you, check other business financing options before applying.

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