The best* business credit cards of 2020

We'll help you choose a business credit card to meet your needs.

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A business credit card can take your company’s finances to the next level – but how do you choose the right card? We’ve assembled some of the best business-focused contenders available to help you decide. Whether you need luxury travel perks, comprehensive insurance, or business tools, you can find a card that works for you.

*How we chose the best business cards

We’ve chosen the cards on this page based on the providers available through Finder. These cards are not representative of the entire market. When choosing the best business cards we considered factors including annual fees, APRs, reward opportunities, points or miles earned per dollar spent, signup bonuses and additional perks that a business owner might find valuable in a credit card, such as travel insurance or business tools.

No single business card will be the best choice for everyone, so compare your options before picking your new card.

Best for frequent travellers: Business Platinum Card from American Express

Business Platinum Card from American Express

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The Business Platinum Card from American Express comes with a steep annual fee of $499, but the benefits can more than make up for it. If you’ve never had an American Express Small Business Card product before, you can get an enticing signup bonus. Earn a Welcome Bonus of 40,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.Build up points towards a wide range of rewards when you charge items to your card. Earn 1.25 Membership Rewards points for every $1 spent on eligible purchases. Points never expire, and there is no limit to the amount you can earn. Plus, enjoy a generous range of travel benefits, purchase insurance (including Employee Card Misuse Protection) and a $0 fee for late payments. (This is a charge card, so you have to fully pay off your balance within the interest free period or a 30% interest rate will apply.)

Best for rewards: American Express Business Gold Rewards Card

American Express Business Gold Rewards Card

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Although the American Express Business Gold Rewards Card has an annual fee of $250, it comes with a range of valuable benefits for business owners including purchase protection, travel benefits, Employee Card Misuse Protection and rewards points on all business purchases. Be aware that this is a charge card not a regular credit card, which means you must repay the balance in full each month or a 30% interest rate will apply.Earn 2 Membership Rewards points for every $1 spent on eligible purchases at select American Express merchant suppliers in Canada (choose 3 suppliers), and earn 1 Membership Reward point for every $1 spent on eligible purchases elsewhere Your credit limit grows if you make payments on time and maintain a good credit history.

Best for no annual fee: BMO Air Miles No-Fee Business Mastercard

BMO Air Miles No-Fee Business Mastercard

The BMO Air Miles No-Fee Business Mastercard comes with a $0 annual fee, so don’t expect many frills and travel benefits. That said, it’s a regular credit card not a charge card, and you can collect Air Miles. Earn 1.25 Miles for every $20 spent at participating Shell stations, and 1 Mile for every $20 spent elsewhere. If you’re looking to keep costs down, this could be the right card for your needs.

Best for AIR MILES collectors: American Express AIR MILES for Business Card

American Express AIR MILES for Business Card

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Rack up AIR MILES faster and enjoy discounted rewards with the American Express AIR MILES for Business Card. Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere Plus, enjoy a suite of travel benefits, purchase protection and a generous interest free repayment period. (This is a charge card, so you have to fully pay off your balance within the interest free period or a 30% interest rate will apply.)Earn twice the AIR MILES by using both your AIR MILES Collector Card and your American Express AIR MILES for Business Card at AIR MILES Sponsors. As you earn Air Miles, you'll also get a 25% discount on business rewards when you redeem your Air Miles from your Dream balance for rewards from the Air Miles for Business Rewards catalogue. This catalogue is targeted toward small business owners, providing access to helpful merchandise, packages and experiences.

Best for hotel perks: Marriott Bonvoy Business American Express Card

Marriott Bonvoy Business American Express Card

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If you travel frequently and are on the lookout for stylish and comfortable accommodations, the Marriott Bonvoy Business American Express Card could be the right card for you. Earn 5 points per $1 spent at participating Marriott properties, 3 points on gas, dining and travel and 2 points on all other spending. Terms apply Receive 50,000 Marriott Bonvoy™ points when you charge $1,500 in the first 3 months of card membership. Terms apply

Earn points that can be used toward discounted or free stays at dozens of luxury hotel brands worldwide and flights with some of the world’s leading airlines. Plus, enjoy travel insurance coverage, Employee Card Misuse Protection, Purchase Protection and other complimentary benefits.

Best for low interest rate: BMO Rewards Business Mastercard

BMO Rewards Business Mastercard

The BMO Rewards Business Mastercard lets you save money and pay down credit card debt faster with a low purchase interest rate of just 14.99% (22.99% for cash advances).

This card also lets you earn BMO Rewards points on everyday purchases – points can be redeemed for travel and merchandise. Earn 1.5 BMO Rewards points for every $1 you spend. Plus, earn an additional 1.5 BMO Rewards points for every $1 you spend (up to $50,000 annually) on gas, office supplies, cell phone bills and internet bills for a total of 3 BMO Rewards points in these select categories.

Which type of card are you looking for?

There’s no perfect business credit card — choosing the right one boils down to what you value most.

While looking for a card, consider where your business often spends money. Most cards give you accelerated points or AIR MILES in a few, specific categories, while others offer consistent rewards regardless of what you buy.

Finally, you’ll have a better chance of card approval if you apply with a good to excellent personal credit score of 650 or higher.

Compare more business credit cards

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Welcome Offer
American Express Business Edge Card
19.99%
22.99%
$99
N/A
Earn up to 42,000 Membership Rewards points in your first year. Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months, and earn 1,000 Membership Rewards points each month (a total of 12,000 annually) when you spend a minimum of $3,000 on eligible purchases
American Express AIR MILES for Business Card
N/A
N/A
$180
N/A
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months
Business Platinum Card from American Express
N/A
N/A
$499
N/A
Earn a Welcome Bonus of 40,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months
American Express AIR MILES Gold Business Card
19.99%
22.99%
$0
N/A
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months
Marriott Bonvoy Business American Express Card
19.99%
22.99%
$150
N/A
Receive 50,000 Marriott Bonvoy™ points when you charge $1,500 in the first 3 months of card membership. Terms apply
American Express Business Gold Rewards Card
N/A
N/A
$250
N/A
Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months

Compare up to 4 providers

*The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.

Frequently asked questions

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