Business owners have a unique opportunity to turn their everyday business expenses into cash back, miles, or points with the right credit card. The best business credit cards offer valuable rewards, 0% intro APR financing, and other benefits at a reasonable cost. Choosing the right credit card for your business depends on how much you spend each month, which categories you spend the most in, and the type of rewards you want. It is also important to consider what your credit score is and if you’re willing to pay an annual fee. Learn more about credit cards for your business to determine which card is right for you.
Comparison of the Best Business Credit Cards 2024
- Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®: Best cash back business card. Earn $300 online bonus cash rewards.
- Capital One Venture X Business: Best business rewards credit card. Earn bonus miles.
- The Business Platinum Card from American Express: Best business credit card for travel. Earn bonus miles.
- Ink Business Preferred® Credit Card: Best small business credit card. Earn bonus miles.
- Ink Business Unlimited® Credit Card: Best business credit card with no annual fee. Offer ending Jan. 18th, 2024.
- U.S. Bank Triple Cash Rewards Visa Business Card: Best 0% APR business credit card.
- FNBO Business Edition® Secured Mastercard® Credit Card: Best secured business credit card.
- Marriott Bonvoy Business® American Express® Card: Best hotel card for businesses.
- American Express® Business Gold Card: Best business credit card for gas.
Our Recommendations for the Best Business Credit Cards
We selected the best credit cards for businesses based on features for a variety of customer profiles. You’ll find each card’s welcome bonus details and why they were our choice in the sections below.
Best for Cash Back: Bank of America® Business Advantage Unlimited Cash Rewards Mastercard®
- Welcome offer: Earn a $300 statement credit after making $3,000 in purchases in the first 90 days after opening your account.
- Why we chose it: Getting cash back on your purchases is an excellent way to boost the bottom line of your business. The Bank of America Business Advantage Unlimited Cash Rewards Mastercard earns 3% cash back on the category of your choice plus 2% cash back on dining and 1% on everything else. There is no annual fee, and the card comes with a 0% intro APR on purchases for the first nine billing cycles.
Best for Rewards: Capital One Venture X Business
- Welcome offer: [Bonus miles full].
- Why we chose it: Capital One offers a compelling rewards program for the card_name. With this small business credit card, you will earn 2x miles on every purchase or up to 10x miles when booking reservations with Capital One Travel. There is a [annual fee disclaimer] annual fee, but the card includes a $300 annual travel credit for bookings through Capital One Travel and 10,000 bonus miles each year you renew the card.
Best for Travel: The Business Platinum Card from American Express
- Welcome offer: [Bonus miles full].
- Why we chose it: The card_name is the ultimate travel credit card for business owners. It earns 5x points on flights and prepaid hotels booked through Amex Travel and 1.5x points in key business categories or purchases of $5,000 or more. All other purchases earn 1x points per dollar. The card includes over $1,000 in business value, including credits for Dell, Indeed, Adobe, wireless bills, and more. It also includes complimentary access to the Global Lounge Collection, a $200 airline fee credit, and a $189 CLEAR Plus credit.
Best for Small Business: Ink Business Preferred® Credit Card
- Welcome offer: [Bonus miles full].
- Why we chose it: The card_name offers 3x bonus points on many common business spending categories, including shipping, online advertising, travel, and internet, cable, and phone services. Points can be redeemed to book travel, get cash back, buy gift cards, transfer to airline and hotel partners, and more. The card has a reasonable [annual_fee_disclaimer] annual fee and includes numerous travel, purchase, and cell phone protections to provide extra value.
Best for No Annual Fee: Ink Business Unlimited® Credit Card
- Welcome offer: [Bonus miles full]. Offer ending Jan. 18th, 2024.
- Why we chose it: This cash back credit card has no annual fee and earns an unlimited 1.5% cash back on every purchase. Rewards can be used to book travel, get statement credits, buy gift cards, and more through Chase Ultimate Rewards. The card also includes a [intro_apr_rate,intro_apr_duration] intro APR offer, so you have extra time to pay off your balance.
Best for 0% Intro APR Offer: U.S. Bank Triple Cash Rewards Visa Business Card
- Welcome offer: Earn $500 in cash back with net purchases of $4,500 or more within 150 days from account opening.
- Why we chose it: The U.S. Bank Triple Cash Rewards Visa Business Card gives small business owners 15 months of interest-free financing on both purchases and balance transfers without charging an annual fee. The card earns 3% on gas, office supplies, cellphone service, dining, and 5% cash back on prepaid hotels and car rentals through the Travel Rewards Center. Plus, you’ll receive a $100 credit on recurring software subscription services charges to the card.
Best for Bad Credit: FNBO Business Edition® Secured Mastercard® Credit Card
- Welcome offer: None.
- Why we chose it: The FNBO Business Edition® Secured Mastercard® Credit Card is a solid choice to rebuild credit. Business owners can request their credit limit from $2,000 to $100,000 when they make a refundable security deposit of 110% of their limit. There is an annual fee of $39, but the security deposit does earn interest while it’s with the bank.
Best for Hotels: Marriott Bonvoy Business® American Express® Card
- Welcome offer: [Bonus miles full].
- Why we chose it: Small business owners who love to stay at Marriott hotels will enjoy the card_name. The card earns 6x points at Marriott hotels, 4x points at U.S. restaurants, U.S. gas stations, U.S. wireless providers, and U.S. shipping services. The card includes a 7% discount on standard rooms at Marriott properties, complimentary Marriott Bonvoy Gold status, and 15 Elite Night Credits each year.
Best for Gas: American Express® Business Gold Card
- Welcome offer: [Bonus miles full].
- Why we chose it: The card_name earns 4x points on its top two business categories each billing cycle. These business spending categories include U.S. gas stations, airfare, U.S. advertising, eligible computer expenses, U.S. restaurants, and U.S. shipping purchases. The card also includes complimentary travel benefits, like The Hotel Collection, baggage insurance, rental car coverage, and trip delay insurance.
Our Methodology
When selecting the best business credit cards, we reviewed current offers from various card issuers. We weighed features such as welcome bonuses, rewards, bonus categories, annual fees, foreign transaction fees, ongoing benefits, and intro APR offers. Based on these factors, we determined the best business credit cards for different customer profiles.
Time Stamp: Business Credit Cards Help Owners Achieve Their Goals
By strategically using business credit cards, business owners can earn rewards, get interest-free financing, build credit, and more. You can choose among the numerous types of credit cards to find one that matches your goals and budget. Business credit cards provide instant purchasing power with the ability to earn cash back, miles, or points or get extra time to pay off your bill. If you have a favorite airline or hotel, choosing a co-branded credit card can help you earn elite status and receive additional perks with those brands.
For rates and fees of the Capital One Venture X Business, please visit this URL.
For rates and fees of the Marriott Bonvoy Business® American Express® Card, please visit this URL.
For rates and fees of the American Express® Business Gold Card, please visit this URL.
Frequently Asked Questions (FAQs)
Do business credit cards check your credit score?
Yes, in most cases, the card issuer will perform a hard inquiry on your personal credit report. This inquiry will cause a temporary drop in your credit score of approximately five points or less. After that, most business credit cards do not report to your personal credit report unless you miss a payment or go into default.
What do you need to apply for a business credit card?
Business credit card applications vary among lenders, but most request similar information. They want to know your business name, tax ID number, annual revenues, address, and phone number, and what type of business it is. Additionally, most applications request information about the business owners, including name, Social Security number, contact information, and annual income.
Can you have a business credit card with bad credit?
Yes, some card issuers offer credit cards specifically for people with bad credit. These credit cards are often easier to get approved since they have lower minimum credit requirements. Since these borrowers are higher risk, small business credit cards for bad credit may charge higher interest rates and fees while offering fewer benefits. As your credit improves, you can apply for cards with more appealing perks, rewards, and fees.
Is a business credit card a tax write-off?
All eligible purchases made with your small business card can be written off, just as if you paid for them with cash or check. It is possible to write off the annual fees, interest charges, and other fees associated with your small business credit card. However, consult with your tax professional to determine if these expenses should be included in your tax returns.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. The mentioned credit cards and their benefits are subject to change. Please refer to the credit card issuer’s website for the most up-to-date information.