If you’re a small business owner, finding the right credit card is key. With many options out there, it can feel like a lot to choose from. But the top 10 business credit cards offer great features that can help your business.
These cards can make managing your money easier, help you earn rewards, and grow your business. They offer valuable tools and benefits that can make a big difference.
Key Takeaways
- The top business credit cards offer rewards, low interest rates, and valuable perks to help small businesses manage their finances.
- Factors like annual fees, introductory offers, rewards rates, and redemption options are important considerations when choosing the best card for your business.
- Business credit cards can help you build business credit, earn cash back or travel rewards, and access financing for new purchases.
- The recommended credit score range for these business credit cards is 670 to 850, making them accessible to a wide range of small business owners.
- Whether you’re looking for no annual fee, flexible travel redemption, or heavy spender benefits, there’s a top business credit card that can meet your unique needs.
Ink Business Preferred® Credit Card
If you’re a small business owner looking for a great travel rewards card, the Ink Business Preferred® Credit Card from Chase is perfect. You’ll earn 3 points for every $1 spent on travel, shipping, internet, cable, phone services, and more. Plus, you’ll get 5 total points (5X points) on Lyft rides through March 2025.
This card is known for its great travel rewards. Each point is worth $0.0125 when used for travel booked through Chase Travel. That’s 25% more than cash rewards. You can also transfer points to airline and hotel loyalty programs for more flexibility.
The card offers a big sign-up bonus of 120,000 points after spending $8,000 in the first 3 months. This bonus is worth $1,500 for travel through Chase Ultimate Rewards®.
Even with a $95 annual fee, the rewards and perks make it a great choice. It’s ideal for small business owners needing a versatile travel rewards card.
Ink Business Cash® Credit Card
The Ink Business Cash® Credit Card from Chase is great for small business owners. It helps you earn cash back on common business expenses. This card is a smart way to increase your earnings and improve your business’s finances.
This card offers 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year. It’s very useful for businesses that spend a lot in these areas.
It also gives 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, and 1% on all other purchases. Plus, there’s no annual fee. This makes it a top pick for small businesses wanting to earn more without extra costs.
New cardholders get a sign-up bonus. This includes $350 cash back after spending $3,000 on purchases in the first three months, and an additional $400 cash back after spending $6,000 on purchases in the first six months. This can really boost your rewards early on.
The Ink Business Cash® Credit Card is a top choice among the best cashback business credit cards. It combines great rewards, flexibility, and no annual fee. It’s perfect for both physical and digital businesses. This card can help you maximize your business credit card rewards and make managing your finances easier.
| Feature | Details |
|---|---|
| Annual Fee | $0 |
| Earning Rates | 5% cash back on office supplies and internet, cable, and phone services (up to $25,000 annually) 2% cash back at gas stations and restaurants (up to $25,000 annually) 1% cash back on all other purchases |
| Sign-up Bonus | Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening |
| Interest Rate | 0% intro APR on Purchases for 12 months, then the ongoing APR of 18.49%-24.49% Variable APR |
| Foreign Transaction Fee | 3% |
The Ink Business Cash® Credit Card is a top choice for business credit cards for rewards. It’s especially good for small businesses with big expenses in office supplies, internet, cable, and phone services, as well as gas stations and restaurants. With its high earning rates, no annual fee, and big sign-up bonus, this card can greatly benefit your business.
Capital One Spark Cash Select for Excellent Credit
If you’re a business owner with excellent credit, the Capital One Spark Cash Select for Excellent Credit is a top pick. It has a simple rewards system with no balance transfer fees. This makes it perfect for businesses that like easy and flexible options.
This card gives you an unlimited 1.5% cash back on all purchases. There are no limits or special categories. Plus, new cardholders get a $750 bonus after spending $6,000 in the first 3 months.
One of the best things about this card is the no annual fee. You get cash back benefits without paying extra. The card also has a variable APR from 18.49% to 24.49%, which is competitive in the low-interest business credit card market.
The Capital One Spark Cash Select for Excellent Credit may not have special categories or extra perks. But, its simple rewards and no balance transfer fee make it great for businesses that value simplicity and flexibility. With 85% of reviewers recommending it and 68% giving it 5 stars, it’s a trusted choice for no annual fee business credit cards and low-interest business credit cards.
Best for No Balance Transfer Fee
The Capital One Spark Cash Select for Excellent Credit is great for its no balance transfer fees. This is super helpful for businesses wanting to manage their debts. With no extra fees, you can pay off your balances without the extra cost. This card is an excellent pick for low-interest business credit cards.
Ink Business Unlimited® Credit Card
The Ink Business Unlimited® Credit Card from Chase is great for small business owners. It has no annual fee and offers unlimited 1.5% cash back on all purchases. This makes it a good choice for companies with varied spending.
New cardholders can earn a $750 bonus by spending $6,000 in the first 3 months. The card also has a 0% introductory APR on purchases for the first 12 months. This can help businesses in their early stages.
The Ink Business Unlimited® is known for its simple rewards and no annual fee. It’s perfect for startups or businesses wanting to build their credit without extra costs.
“The Ink Business Unlimited® Credit Card is a top pick for small business owners who want a no-fuss, high-earning card that can support their everyday expenses.”
The Ink Business Unlimited® is a strong choice for small business credit cards in 2024. It offers a great sign-up bonus, ongoing rewards, and a 0% intro APR, all without an annual fee.
The Blue Business® Plus Credit Card from American Express
Best for No Annual Fee
Small business owners looking for a credit card with no annual fee should consider the American Express Blue Business® Plus Credit Card. This card is great for earning rewards without extra costs. You get 2X Membership Rewards® points on the first $50,000 in purchases each year. After that, it’s 1 point for every dollar spent.
New card members can earn 15,000 Membership Rewards® points by spending $3,000 in the first three months. The card also offers a 0% intro APR on purchases for the first year. This rate changes to a variable 18.49%-26.49% APR later.
This card is perfect for those wanting no annual fee business credit cards and business credit cards for new businesses. It lets you earn valuable Membership Rewards points without paying an annual fee.
| Card | Rewards Rate | Annual Fee | Intro APR |
|---|---|---|---|
| American Express Blue Business® Plus Credit Card | 2X Membership Rewards® points on first $50,000 in eligible purchases, 1 point per dollar thereafter | $0 | 0% intro APR on purchases for 12 months, then 18.49%-26.49% variable |
| Chase Ink Business Unlimited® Credit Card | 1.5% cash back on all purchases | $0 | 0% intro APR on purchases and balance transfers for 12 months, then 17.49%-25.49% variable |
| Capital One Spark Cash Select for Excellent Credit | 1.5% cash back on all purchases | $0 | 0% intro APR on purchases and balance transfers for 9 months, then 19.99% – 27.99% (Variable) APR |
American Express® Business Gold Card
If you’re a business owner looking for a rewards credit card, the American Express® Business Gold Card is a great option. It gives you 4X Membership Rewards® points in the two categories where your business spends the most. This is on up to $150,000 in combined purchases per year.
These categories include airfare from airlines, U.S. ads, gas station purchases, shipping, computer hardware and software, and dining in the U.S. You also get 3X points on flights and prepaid hotels booked through AmexTravel.com, and 1X on other purchases.
New cardholders can earn a welcome bonus of 100,000 Membership Rewards® points by spending $15,000 on eligible purchases in the first 3 months. The card has an annual fee of $375.
| Feature | Details |
|---|---|
| Annual Fee | $375 |
| Welcome Bonus | Earn 100,000 Membership Rewards® points after spending $15,000 within the first 3 months |
| Regular APR | 19.49% – 28.49% Variable |
| Credit Score Required | Good to Excellent (700 – 749) |
| Earnings Rate | 4X points in two eligible categories with up to $150,000 in annual spending 3X points on flights and prepaid hotels booked through Amex Travel 1X on other purchases |
| Statement Credits | Up to $240 in statement credits annually for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores Up to $12.95 monthly statement credit for a Walmart+ membership |
| Other Benefits | Cellphone protection of up to $800 per claim for charges to the card Room upgrade and experience credit of up to $100 at The Hotel Collection properties No preset spending limit, but adapts to spending habits Pay-in-full card with certain purchases eligible for payment over time with interest |
The American Express® Business Gold Card is a top pick for business credit cards for rewards and best business cards for entrepreneurs. It offers flexible bonus categories and great benefits. But, if your business spends over $150,000 a year, the Ink Business Preferred® Credit Card might be better. It has a lower annual fee of $95.
Business Credit Cards for Small Business Owners
Business credit cards are great for small business owners. They help manage expenses, build credit, and earn rewards. When picking the best card, look at annual fees, rewards rates, and special offers. Also, consider features like employee cards and spending controls.
The best business cards offer travel rewards, cash back, and flexible rewards categories. They also have no annual fee. Small business owners should match their needs and spending to find the right card. This supports their financial goals and operations.
- No Annual Fee
- No Foreign Transaction Fee
- Small business credit cards allow for maintaining control over spending
- Business credit cards aid in separating business and personal finances
- Easy way to start building credit for small businesses
- Cash back rewards or travel rewards offered on most small business credit cards
Many business credit cards give big sign-up bonuses to new cardholders. For instance, the Chase Ink Business Cash Credit Card offers a $750 cash back bonus if you spend $7,500 in the first three months. The Capital One® Spark® Cash Plus gives up to $1,000 cash back in the first six months if you spend over $50,000.
Other top cards include the Chase Ink Business Preferred Credit Card and the The Business Platinum® Card from American Express OPEN. They offer 100,000 points and 120,000 points, respectively, if you spend $15,000 in the first three months.
Some business credit cards also offer 0% APR for a while on purchases and balance transfers. This is great for small business owners who want to manage their cash flow better. Cards like the U.S. Bank Business Platinum Card and the Blue Business®️ Plus Credit Card from American Express have these offers.
Business credit cards can be very helpful, but it’s key to read the fine print. This way, small business owners can avoid surprises and make the most of their card. By choosing wisely and using it right, they can gain many financial benefits to help their business grow and succeed.
Ink Business Premier® Credit Card
The Ink Business Premier® Credit Card from Chase is great for businesses with big expenses. It has many features that help high-spending businesses. This makes it a top pick for businesses looking for a full credit card solution.
This card shines with its rewards on big purchases. You can earn 2.5% cash back on purchases of $5,000 or more. Plus, get 5% cash back on travel purchases made through Chase Travel. For regular business costs, it offers 2% cash back on all other purchases.
New card members get a $1,000 cash back bonus after spending $10,000 in the first 3 months. The card has a $195 annual fee, but the rewards and benefits are worth it for businesses with big spending.
The Ink Business Premier® also has perks like cell phone protection and Flex for Business credit access. These features make it a great choice for businesses needing a full credit card solution.
| Feature | Benefit |
|---|---|
| 2.5% Cash Back on Purchases $5,000+ | Earn boosted rewards on large business expenses |
| 5% Cash Back on Chase Travel | Maximize savings on business travel |
| 2% Cash Back on All Other Purchases | Earn solid rewards on everyday business expenses |
| $1,000 Cash Back Bonus | Earn a generous sign-up bonus after spending $10,000 in the first 3 months |
| Cell Phone Protection | Safeguard your business devices from damage or theft |
| Flex for Business | Flexible credit access for qualifying purchases |
The Ink Business Premier® Credit Card from Chase is a top choice for businesses with big expenses. It’s perfect for those making large purchases and spending a lot on travel. With its rewarding rewards, big sign-up bonus, and valuable perks, it’s a great option for business owners needing a full credit card solution.
Capital One Spark Cash Plus
Best for Heavy Spenders
The Capital One Spark Cash Plus is a top choice for businesses with big monthly bills. It offers an amazing unlimited 2% cash back on everything you buy. This means heavy spenders can earn more rewards.
New card members get a great one-time $2,000 cash bonus after spending $30,000 in the first 3 months. Plus, there’s an extra $2,000 cash bonus for every $500,000 spent in the first year, up to $4,000.
Even with a $150 annual fee, the card is worth it for smart business owners. It has business-grade features and gives great cash back rewards. It’s perfect for heavy spenders looking for the best credit cards for business expenses.
“69% of reviewers recommend the Spark Cash Plus card for its lucrative rewards and user-friendly features.”
The Capital One Spark Cash Plus lets you earn up to $4,000 in bonuses in the first year. It’s a top pick for business credit cards for heavy spenders. With unlimited 2% cash back on all purchases, it’s great for companies with big monthly bills.
Conclusion
For small business owners, the right business credit card is key. It helps manage expenses, earn rewards, and build credit. The top 10 business credit cards offer various benefits like flexible travel rewards and cash back. They also have no annual fees and special introductory APR offers.
When choosing a card, think about what your business needs. Look for rewards programs, low-cost options, or high credit limits. The right card can support your financial goals and operations.
Using a business credit card wisely can boost your company’s credit score. This might mean needing fewer personal guarantees for loans later on. Business credit cards help with financial management and set spending limits for employees.
They also make it easier to reconcile expenses for taxes. With features like TSA Pre-check and emergency medical assistance, these cards offer great value. By exploring these options, you can find the perfect card for your business.
FAQ
What are the top 10 best business credit cards for small business owners?
The top 10 best business credit cards for small business owners include the Ink Business Preferred® Credit Card, Ink Business Cash® Credit Card, Capital One Spark Cash Select for Excellent Credit, Ink Business Unlimited® Credit Card, The Blue Business® Plus Credit Card from American Express, American Express® Business Gold Card, Ink Business Premier® Credit Card, and Capital One Spark Cash Plus.
What features should I look for in a business credit card?
When choosing a business credit card, look at annual fees, rewards rates, and introductory offers. Also, consider redemption options and features like employee cards and spending controls. Choose cards with valuable benefits in travel, cash back, and flexible bonus categories, and those with no annual fee.
What is the Ink Business Preferred® Credit Card known for?
The Ink Business Preferred® Credit Card is great for small business owners who want a travel rewards card. It earns 3 points per $1 on travel, shipping, internet, cable, phone services, and advertising with social media sites and search engines each year.
What are the benefits of the Ink Business Cash® Credit Card?
The Ink Business Cash® Credit Card is great for earning cash back on common business expenses. It offers 5% cash back on office supplies and internet, cable, and phone services. Plus, it gives 2% cash back on gas stations and restaurants, and 1% on all other purchases.
What makes the Capital One Spark Cash Select for Excellent Credit a good choice?
The Capital One Spark Cash Select for Excellent Credit is perfect for those wanting a simple cash back card with no balance transfer fee. It gives an unlimited 1.5% cash back on all purchases and has no annual fee.
What are the key features of the Ink Business Unlimited® Credit Card?
The Ink Business Unlimited® Credit Card is great for new businesses or those building credit. It offers an unlimited 1.5% cash back on all purchases and a 0% intro APR on purchases for the first 12 months.
Why is the Blue Business® Plus Credit Card from American Express a top choice?
The Blue Business® Plus Credit Card from American Express is ideal for small business owners who want rewards without an annual fee. It earns 2X Membership Rewards® points on the first $50,000 in purchases each year, then 1 point per dollar after that.
What makes the American Express® Business Gold Card stand out?
The American Express® Business Gold Card is great for business owners who want flexible rewards. It earns 4X Membership Rewards® points in the two categories where a business spends the most each billing cycle, up to $150,000 in purchases per year.
What are the key considerations for small business owners when choosing a business credit card?
Small business owners should look at annual fees, rewards rates, and introductory offers when choosing a credit card. The best cards offer travel rewards, cash back, flexible bonus categories, and no annual fee.
What makes the Ink Business Premier® Credit Card a good choice for businesses with significant expenses?
The Ink Business Premier® Credit Card is for businesses with big expenses. It earns 5% cash back on travel, 2.5% on purchases over $5,000, and 2% on all other purchases.
What are the benefits of the Capital One Spark Cash Plus card for heavy spenders?
The Capital One Spark Cash Plus is great for businesses with high expenses. It earns an unlimited 2% cash back on all purchases and offers a $2,000 cash bonus for every $500,000 spent in the first year (up to $4,000 total).
