Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Best business credit cards for 2020

Maximize your business spending by maximizing rewards.

Updated

Fact checked

Our pick for start ups: Brex for Startups

Brex for Startups logo

Up to $25,000

In credits as signup bonus

  • Easy-to-use charge card
  • No personal guarantee required
  • $0 annual fee for first five cards
Apply now

Whether you’ve just launched your business or have operated for years, the right business card can be an exciting step in your professional life, meeting your unique needs with the potential for travel perks, cash back and other savings.

Our team spends hundreds of hours researching and ranking top business credit cards in the industry to create helpful guides for just about any mom-and-pop, online shop or other type of business.

Best business credit cards

To speed up your search for the right card, we’ve assembled the best business-focused contenders on the market. If one of these don’t catch your eye, see the table below to compare options based on rewards, annual fee, APR and more.

Quick look: Best business credit cards

Best for no personal guarantee required

Brex for Startups

Brex for Startups logo
Credit recommended (300-850)
Apply now
on Brex's secure site
300
Min. credit score
$0
Annual fee
Up to 7x
Points
Other
Welcome offer
Businesses that want a credit card with no risk to their personal credit score and assets, should consider this card. You also get a generous signup bonus and you get to earn rewards on your purchases.
  • No personal liability. This card doesn’t require personal liability, a credit score, social security number or security deposits. In case your company fails, your personal assets won’t be touched to pay off the card’s debt.
  • Earn rewards. Earn 1x points on all of your purchases. Boost your rewards when you make Brex your exclusive company card. This will make you earn 7x points on rideshares, 4x points on travel booked through Brex Travel, 3x on dining, 2x on recurring software and software as a service and 1x points on everything else you buy.
  • Signup bonus. With this card, you don’t earn the standard credit card bonus when you meet the spend requirements. Instead, you get up to $25,000 worth of services right off the bat, including $5,000 in credit for Amazon Web Services, a 25% subscription discount of up to $375 for Salesforce, $436 credits per month for 12 months for Zendesk and more.
  • Can’t carry a balance. You must pay your full balance before your due date, which is 30 days after the close of your statement period.
Annual Fee $0
Purchase APR N/A
Balance transfer APR N/A
Welcome offer Up to $25,000 worth of credits for business services like Amazon Web Services, Salesforce, Zendesk and more
Rewards 7x points on rideshares, 4x on Brex Travel, 3x at restaurants, 2x on software subscriptions and 1x points on all other purchases

Best for American Airlines

CitiBusiness® / AAdvantage® Platinum Select® Mastercard®

CitiBusiness® / AAdvantage® Platinum Select® Mastercard® logo
Credit recommended (740-850)
Read review
740
Min. credit score
$99 ongoing
Annual fee
Up to 2x
Miles
65,000
Miles welcome offer
Businesses that prefer to travel with American Airlines will find a lot to love with this card, including a diverse selection of business-related earning categories, an excellent signup bonus, the ability to earn a companion certificate, and other valuable travel perks.
  • Earn rewards. You'll earn 2x miles on eligible American Airlines purchases, cable and satellite providers, gas stations, telecommunications merchants, and car rentals, and 1x miles on everything else.
  • Welcome offer. Earn 65,000 bonus miles after you spend $4,000 in purchases within the first 4 months of account opening.
  • American Airlines perks. Earn a companion pass after spending $30,000 in purchases each cardmembership year. Also enjoy free checked bags, preferred boarding, and 25% savings on inflight Wi-Fi, food and beverage with American Airlines.
  • Annual fee. Although the annual fee is waived the first year, you'll pay $99 each year after.
Annual Fee $0 intro annual fee for the first year ($99 thereafter)
Purchase APR 15.99% to 24.99% variable
Balance transfer APR N/A
Welcome offer 65,000 miles after spending $4,000 in first 4 months
Rewards 2x miles on American Airlines, gas stations and select business categories and 1x miles on all other purchases
The information about CitiBusiness® / AAdvantage® Platinum Select® Mastercard® has been collected independently by Finder and and has not been reviewed or provided by the issuer.

Best for rewards on office supplies, internet and phone

Ink Business Cash℠ Credit Card

Ink Business Cash℠ Credit Card logo
Finder Rating: 4.5 / 5

★★★★★

Credit recommended (670-739)
Read review
Rates & fees

670
Min. credit score
$0
Annual fee
Up to 5%
Cash back
$500
Welcome offer
This card offers a massive cashback rate on office supplies, Internet and phone services for your first $25,000 spent annually. You also earn cash back on gas and dining.
  • Earn $500 cash bonus after you spend $3,000 in your first 3 months of card membership.
  • Earn 5% cash back on office supply stores and on Internet, cable and phone services on up to $25,000 annually in combined purchases, 1% after that. Also, earn 2% cash back at gas stations and restaurants on the first $25,000 in combined purchases, 1% after that. 1% cash back is the rate you earn on all other purchases.
  • Get 12 months of 0% intro APR on purchases. A variable APR of 13.24% to 19.24% applies thereafter.
  • No 0% intro APR period on balance transfers.
  • Incur a 3% transaction fee on all purchases made abroad or online with foreign merchants.
Annual Fee $0
Purchase APR 0% intro for the first 12 months (then 13.24% to 19.24% variable)
Balance transfer APR 13.24% to 19.24% variable
Welcome offer $500 cash back after spending $3,000 in the first 3 months
Rewards 5% at office supply stores, on Internet, cable and phone up to $25,000 combined annually (then 1%), 2% on gas and dining up to $25,000 combined annually then 1% after that and on all other purchases
The information about Ink Business Cash℠ Credit Card has been collected independently by Finder and has not been reviewed or provided by the issuer.

Compare the best business rewards credit cards

Best for selecting your bonus category

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

Bank of America® Business Advantage Cash Rewards Mastercard® credit card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (740-850)
Read review
740
Min. credit score
$0
Annual fee
Up to 3%
Cash back
$300
Welcome offer
This card could be an excellent choice for your business if you want flexibility on your rewards categories. Some of the categories include gas stations, office supply stores, travel and business consulting services.
  • Get a $300 statement credit bonus after you spend $3,000 in your first 90 days of account opening.
  • Earn 3% cash back on a category of your choice: gas, office supplies, travel, telecom and wireless services, computer services and business consulting services. Earn 2% cash back on dining and 1% back on everything else you buy. However, there's a cap of $50,000 in combined purchases in the 3% and 2% categories each year, after that you'll earn 1% back.
  • Get up to 75% bonus cash back on all purchases if you're a Preferred Rewards for Business Platinum member.
  • No 0% intro APR period on balance transfers.
  • Incur a 3% foreign transaction fee for purchases made abroad of with foriegn merchants.
Annual Fee $0
Purchase APR 0% intro for the first 9 billing cycles (then 12.24% to 22.24% variable)
Balance transfer APR 12.24% to 22.24% variable
Welcome offer $300 after spending $3,000 in the first 90 days
Rewards 3% cash back on a chosen business category and 2% on dining on up to $50,000 combined each year, then 1% after that and on all other purchases

Best business credit card for cash back

Capital One® Spark® Cash for Business

Capital One® Spark® Cash for Business logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
Rates & fees

670
Min. credit score
$95 ongoing
Annual fee
2%
Cash back
$500
Welcome offer
This card can be ideal for businesses that spend more than $250,000 annually. It can also be a good choice for businesses that don’t spend much on any particular category of purchases.
  • Earn cash back. Earn unlimited 2% cash back on all of your business purchases. Redeem your cash back as statement credit, a check or use it for credits toward previous purchases.
  • Signup bonus. Earn a $500 cash bonus after spending $4,500 during the first 3 months of card membership.
  • Additional employee cards. Get your employees complimentary cards and earn even more cash back on their spending.
  • Annual fee. You won’t pay an annual fee for the first year. After that, your annual fee is $95
Annual Fee $0 intro annual fee for the first year ($95 thereafter)
Purchase APR 20.99% variable
Balance transfer APR 20.99% variable
Welcome offer $500 after spending $4,500 in the first 3 months
Rewards 2% cash back on all purchases

Best business credit card for balance transfers

U.S. Bank Business Platinum

U.S. Bank Business Platinum logo
Finder Rating: 3.1 / 5

★★★★★

Credit recommended (740-850)
Read review
Rates & fees

740
Min. credit score
$0
Annual fee
n/a
Rewards
n/a
Welcome offer
This card has one of the longest 0% intro APR periods on balance transfers found in a business credit card. Unfortunately, you don't get to earn any rewards on your purchases.
  • 0% intro APR on purchases and balance transfers for the first 20 billing cycles, reverting to a variable 9.99% to 17.99% APR
Annual Fee $0
Purchase APR 0% intro for the first 20 billing cycles (then 9.99% to 17.99% variable)
Balance transfer APR 0% intro for the first 20 billing cycles (then 9.99% to 17.99% variable)
Welcome offer N/A
Rewards N/A
Compare other business credit cards for balance transfers

Best business credit card for luxury travel

The Business Platinum Card® from American Express

The Business Platinum Card® from American Express logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
Rates & fees

670
Min. credit score
$595
Annual fee
Up to 5x
Points
75,000
Points welcome offer
Business owners who spend thousands of dollars a month on air travel could use the card's benefits, which include access to more than 1,200 airport lounges worldwide, hotel benefits at select brands and more.
  • Welcome offer. Spend $15,000 on purchases in your first 3 months of card membership and get 75,000 bonus points.
  • Membership rewards. Get 5x points on prepaid hotels and flights through Amex Travel and 1x points on everything else you buy. For purchases of 5,000 and more, you’ll get 1.5x points — up to 1 million points per year.
  • Global Lounge Collection. Get access to more than 1,200 airport lounges worldwide, including the Centurion Lounge, International American Express lounges and Delta Sky Club when flying Delta. To get access to Priority Pass Select, Airspace and Escape lounges, you’ll need to enroll first.
  • High annual fee. This is one of the more expensive business cards with a $595 annual fee.
Annual Fee $595
Purchase APR N/A
Balance transfer APR N/A
Welcome offer 75,000 points after spending $15,000 in the first 3 months
Rewards 5x points on flights and prepaid hotels through Amex Travel, 1.5x points if you spend $5,000 on a single eligible purchase on up to 1 million additional points per year and 1x points on all other purchases

Compare the best business credit cards with travel rewards

Best business credit card for signup bonus

Wells Fargo Business Elite Signature Card

Wells Fargo Business Elite Signature Card logo
Finder Rating: 4.3 / 5

★★★★★

Credit recommended (740-850)
Read review
740
Min. credit score
$125 ongoing
Annual fee
1.5%
Cash back
$1,000
Welcome offer
This card has a generous signup bonus of $1,000 once you meet the spend criteria. Also, you can enroll in a rewards program to earn either cash back or points.
  • Signup bonus. If you select cashback rewards, you get to earn $1,000 after you spend $25,000 in your first 3 months when you open your account.
  • Earn rewards. Earn either 1.5% cash back or 1x points on all purchases, plus 5,000 points after spending $10,000 or more in any monthly billing period.
  • Travel Incidental Fee Reimbursement. Get $100 travel fee reimbursement once per calendar year per company.
  • Annual fee. You won’t pay any fee for the first year, but starting from the second year, expect to pay a $125 fee for your card.
Annual Fee $0 intro annual fee for the first year ($125 thereafter)
Purchase APR 7.24% variable
Balance transfer APR N/A
Welcome offer $1,000 or 100,000 bonus points when you enroll in the rewards program and spend $25,000 in first 3 months
Rewards 1.5% cash back or 1x points on all purchases, plus 5,000 points after spending $10,000 or more in any monthly billing period

Best business credit card for building credit

Wells Fargo Business Secured Credit Card

Wells Fargo Business Secured Credit Card logo
Finder Rating: 4.1 / 5

★★★★★

Credit recommended (300-579)
Read review
300
Min. credit score
$25
Annual fee
1.5%
Cash back
n/a
Welcome offer
Businesses with poor credit or with no credit history should consider this card; You can deposit between $500 and $25,000 to act as your credit line, and you can earn rewards on your purchases.
  • Build your business credit and graduate to an unsecured card with responsible card use.
  • Deposit between $500 and $25,000 to act as your credit line.
  • Get 1.5% cash back on all purchases or 1x points plus 1,000 bonus points when you spend $1,000 or more per billing cycle.
  • Pay an annual fee of $25 per card.
Annual Fee $25
Purchase APR 15.15% variable
Balance transfer APR N/A
Welcome offer N/A
Rewards 1.5% cash back on all purchases

How we selected our top cards

We picked our top cards by comparing several factors across available business cards, including credit requirements, annual and balance transfer fees, APRs, reward opportunities, points or cash back earned per dollar, signup bonuses and additional perks such as travel insurance. Our picks performed above and beyond the others, earning spots on our list.

What’s changed in 2020

This year, the U.S. Bank Business Platinum landed on our list because of its long intro APR period on balance transfers. Also, the Wells Fargo Business Elite Signature Card took over the spot for best signup bonus because it offers the highest bonus reward compared to other business cards.

  • Why trust us? Our credit card experts spend hundreds of hours each week researching and writing about the latest in credit card activity. Thanks to this research, we know what makes a credit card stand out among the competition. Our biggest goal? To help our readers find the best credit card for their personal or business needs. Our editorial guidelines keep our content unbiased and as accurate as possible.

Compare business cards by bank

AMEX logoBank-of-America-LogoBarclaycard-Logo
Capital One logoChase-LogoCiti credit cards logo
Citizens-bank-LogoDiscover provider logoPNC Bank provider logo
TD Bank provider logoUS Bank provider logoWells Fargo Card provider logo

Compare business credit cards

Data indicated here is updated regularly
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.
Brex for Startups
7x points on rideshares, 4x on Brex Travel, 3x at restaurants, 2x on software subscriptions and 1x points on all other purchases
N/A
$0
The first corporate card for startups. No personal liability or security deposit needed, meaning your personal credit score won't be affected.
Brex for Ecommerce
N/A
N/A
$0
60-day interest-free financing for e-commerce businesses.
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 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.
loading

Compare up to 4 providers

How does a business credit card work?

A business credit card is just like a regular credit card, but with tools specifically designed to help you streamline and manage your business spending. These tools can range from rewards or cash back for business expenses like office supplies or travel perks for employees on the move.

In addition, you can set spending controls for each employee and you can monitor their card activity. This can help you streamline your finances and avoid card misuse.

Here’s how to get started with a business card:

1. Compare & apply for a card

Look for a card that fits your needs, whether that’s a high rewards rate, an intro APR or a balance transfer offer.

2. Start earning rewards

If you opened a business card with rewards, use it on business expenses to start earning rewards.

3. Build business credit

As you pay your card off in full and on time, you’re starting to build credit for your business.

When is a business credit card worth it?

Business credit cards act similarly to rewards credit cards and can be used in a similar fashion. The main reason you might find a business credit card worth it, however, comes down to your business needs and your spending capacity.

Business cards generally have much higher spending caps on rewards or offer earning categories specifically tailored to business needs. For example, you might find a business credit card that offers rewards on office supplies or phone and internet services. Many business cards also offer free additional cards for employees, which can help you rack up rewards even faster. Generally, if your business is growing, it can pay to have a business credit card.

Here’s a look at what you stand to make in rewards each month using the Ink Business Preferred® Credit Card. The Ink Business Preferred earns 3x points on travel, cable and phone, advertising, internet and shopping, on up to $150,000 each year. After and on all other purchases you’ll earn 1x points.

Category rewards: Ink Business Preferred® Credit Card

PurchasesMoney spentPoints earned
Office supplies7,000700
Phone and internet1,1003,300
Two travel trips$3,0006,000
Total$11,10010,000

How to compare credit cards for small business

Think about your business spending and cash flow when weighing business card factors that include:

Annual fee

Consider how much you’re willing to pay to use a business credit card each year, and determine if any perks are worth the price.

Promotional interest rate

An intro purchase APR can help you avoid paying high-interest rates on big items or balances you transfer from other cards.

Cash back and rewards

Choose a business credit card that can earn rewards on what you buy most. Look for cash back, miles or points in categories that fit your needs.

Foreign transaction fees

A card that waives foreign transaction fees can be a great travel card option for businesses that require international trips. Many providers charge 2% or more for each purchase made outside the States.

Signup bonus

The business card market is fierce, with many providers offering generous bonuses to entice you to choose theirs over competitors. Most come with spending requirements that are easy to meet with regular use.

Premium benefits

Rewards aren’t the only perks. You could get access to priority airline boarding, waived bag fees and other luxury travel extras. Just make sure your business can take advantage of what your card offers.

How do I choose a business credit card?

In many ways, choosing a business credit card is similar to choosing a personal credit card. Here are some things to consider:

  1. Figure out the reason you need a business credit card. This includes the need for a new line of credit to invest in your business; an interest-free period to pay off your current debt; an interest-free period to make a large purchase of inventories or supplies and pay it off in the next months; luxury perks during frequent travel or the option to earn rewards on your business expenditures.
  2. Determine what kind of rewards suit you best. Depending on your business needs, you can earn rewards on office supplies, gas, dining or travel purchases. Some credit cards offer flat rewards on all purchases while others have no rewards at all. Calculate which of these options would best complement your business wallet and apply for the card that offers the best value for your needs.
  3. Figure out if you need to carry a balance. If part of your business card needs involve an early investment, look for a card with an intro APR on purchases or balance transfers. This can help you save on interest while you wait for your business investment to pay off. And if you need to carry a balance from time to time thereafter, look for a business card with a low ongoing purchase APR.
  4. Determine the number of employee cards you need. Some business cards, but not all, offer free additional cards for employees. Such cards can let you earn additional rewards on purchases made by your employees with the employee business card. But if you don’t have as many employees and the benefits you get from the cards outweigh a potential annual fee, you could consider a more expensive credit card option.

You asked, we listened: Top 5 common questions

Business cards aren’t so different from standard cards, though as you’d expect from a business card there’s a bit of fine print involved. Here are the five most common questions we receive on the subject.

  1. What’s the difference between a business card and a personal card? Business cards differ from personal cards because they offer perks and rewards designed around business expenses. You’ll also need a business, or to show you’re generating revenue, in order to obtain a business credit card.
  2. Can I apply for a business credit card as a freelancer? Yes. Freelancers and other individuals working “gigs” can apply for a business credit card so long as they can prove their income.
  3. Is business credit the same as personal credit? No. Building your business credit score is separate from your personal credit score.
  4. Will my business credit affect my personal credit? Generally no. However, there are a few situations in which it might affect your personal credit, such as the case of business cards with a personal guarantee.
  5. Can you get a business credit card with bad credit? There are business cards for poor credit, including secured business cards that require a deposit as collateral when opening the card.

Compare business cards by credit score

Compare business cards by card type

Read more about business credit cards

Amy Bonnett

Amy Bonnett
Compliance Coordinator

Hi, I’m Amy! When searching for the best business credit card for our small business, my husband and I had a lot of questions about how they differ from personal credit cards. Articles like these showed us how business credit scores work, what a personal guarantee is, and whether points or cashback would give our business the most value.

Ask the experts

Seung Hee Choi
Edward Lisi profile picture
Rosario Drago
Andy Shuman
Amy and Tim profile picture
Eric Rosenberg
M. Nesij Huvaj
Mohammad G. Nejad
Nora Ganim Barnes
Geo Kelly
Dave Youland

Credit card ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our team evaluates credit cards to determine their value against similar cards on the market.

We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.

Learn the details of our methodology and scoring.

Read more on this topic

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site