14 best small business credit cards of November 2022: Earn cash again, travel factors, or take advantage of a long 0% intro APR

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Insider’s specialists select the best services and products to assist make sensible selections along with your cash (here’s how). In some circumstances, we obtain a fee from our our partners, nevertheless, our opinions are our personal. Terms apply to affords listed on this web page.

You’d be stunned at what qualifies you for a small business credit card. Small companies aren’t all the time multi-million greenback operations — whether or not you are a freelancer, a Lyft driver, an eBay reseller, or have one other aspect hustle, you are eligible to use for a small business credit card.

These are some of the very best small business credit cards out there proper now, as chosen by Insider’s specialists.

Compare the best small business credit cards

The best small business credit card critiques

Chase Ink Business Preferred

If you are trying to earn precious, versatile rewards factors in your small business spending, the Chase Ultimate Rewards® program is among the many best choices. If you have already got one of Chase’s popular personal rewards cards — just like the Chase Sapphire Preferred® Card or Chase Sapphire Reserve® — the Ink Business Preferred® Credit Card is a perfect business card companion.

Like these cards, the Ink Business Preferred® Credit Card earns Chase Ultimate Rewards factors, and when you can hold them on that card and separate from the remainder of your stash, you can even mix them with the remainder of your factors. These factors could be traded for cash again, transferred to frequent flyer and hotel loyalty partners, or used to buy travel with a 25% bonus (or a 50% bonus if you move your points over to your Chase Sapphire Reserve®). 

Chase Ultimate Rewards points are worth an average of 1.8 cents apiece based on Insider’s valuations, primarily as a result of you’ll be able to switch them to airline and lodge companions for high-value award flights and stays.

What the specialists love: An ideal welcome bonus supply, 3x factors on as much as $150,000 spent per 12 months in choose well-liked business classes.

What the specialists do not love: You must spend $15,000 within the first three months to earn the 100,000-point welcome bonus supply, so this supply will not be preferrred for smaller companies with much less spending.

Read extra in regards to the Ink Business Preferred: 

Amex Business Platinum

The small business model of American Express’ famed The Platinum Card® from American Express was our decide for the highest business card, however the annual payment has since elevated and it is develop into a bit extra of a area of interest product. The Business Platinum Card® from American Express is probably helpful for mid-sized companies that spend a lot on flights and travel, however much less precious for sole proprietors and really small operations.

The Business Platinum card added new benefits, together with new 1.5x incomes classes on eligible purchases at US development materials & {hardware} suppliers, digital items retailers, software program and cloud system suppliers, and delivery suppliers, in addition to on purchases of $5,000 or extra in every single place else, on as much as $2 million of these purchases per calendar 12 months in addition to annual assertion credit** for wi-fi, Indeed, Adobe purchases, and Dell

Like Chase factors, Amex points have a high value based on Insider’s valuations — 1.8 cents apiece, on common, once more primarily based on the power to switch factors to airline and lodge companions for award travel.

What the specialists love: You’ll get tons of perks, together with assertion credit, plus 5x Amex Membership Rewards points on airfare and pay as you go accommodations whenever you guide by means of Amex Travel. The card additionally comes with The Business Platinum Card® from American Express.

What the specialists do not love: Very excessive annual payment of The Business Platinum Card® from American Express, plus a excessive minimal spending requirement to earn the welcome bonus supply. Says Benét Wilson, credit cards editor at The Points Guy, “If you don’t travel a lot, this may not be your best choice since you don’t earn higher points on spending categories most popular for businesses.”

Read extra in regards to the Business Platinum card:

Amex Blue Business Plus

The Blue Business® Plus Credit Card from American Express would not normally have a welcome supply, however proper now it is providing a bonus of The Blue Business® Plus Credit Card from American Express. It’s a uncommon points-earning business card that does not cost an annual payment; you will earn 2 factors per greenback on the primary $50,000 you spend every calendar 12 months, with no bonus classes to maintain monitor of. 

According to Insider’s factors and miles valuations, Amex factors are value 1.8 cents apiece on common, so that you’re getting a 3.6% return on all of your business spending as much as $50,000 annually.

What the specialists love: 2x factors on as much as $50,000 spent per 12 months (then 1x), with no annual payment. “Plus, pay no interest on new purchases for the first year. That’s very helpful for small business owners,” says Sara Rathner, credit card skilled at NerdWallet.

What the specialists do not love: “If you’re looking for a lucrative welcome offer to give you an instant points boost, this isn’t the card to give you that,” says Benét Wilson. (The Blue Business Plus card would not normally supply a welcome bonus however is at the moment providing The Blue Business® Plus Credit Card from American Express).

Read extra in regards to the Blue Business Plus card:

Amex Blue Business Cash card

If you favor easy cash-back incomes with out having to fret about preserving monitor of bonus classes, the no-annual-fee American Express Blue Business Cash™ Card needs to be in your shortlist.

With this card, you earn 2% cash again on all eligible purchases, on the primary $50,000 spent per calendar 12 months, then 1% again (cash again is obtained within the type of Reward Dollars). There’s additionally a good welcome bonus supply of American Express Blue Business Cash™ Card.

For small companies with huge bills on the horizon, there’s a American Express Blue Business Cash™ Card (then a American Express Blue Business Cash™ Card APR) that may allow you to avoid wasting cash on curiosity, as effectively. 

What the specialists love: Earning 2% cash again on all purchases on as much as $50,000 spent per 12 months (then 1%) with no annual payment is tough to beat, an introductory 0% APR may give you some respiration room.

What the specialists do not love: The card would not all the time supply a welcome bonus.

Read extra in regards to the Amex Blue Business Cash:

Capital One Spark Cash Plus

The Spark 2% Cash Plus earns limitless 5% cash again on accommodations and rental automobiles booked by means of Capital One Travel, and a couple of% cash again on all different purchases. That’s it. No factors values or conversions, no redemption minimums. Rewards will not expire for the life of the account, and you may redeem any quantity of cash again. The card has an annual payment of Spark 2% Cash Plus, and it at the moment affords Spark 2% Cash Plus.

At first look, The Blue Business® Plus Credit Card from American Express would possibly seem to be a higher possibility, because it earns 2x factors and doesn’t have an annual fee. However, understand that whereas 2x factors could also be extra precious than 2% cash in the event you redeem strategically for travel by transferring to companions, you’ll be able to’t redeem Membership Rewards points outright for cash. You can redeem them for a assertion credit, however they will solely be value 0.6 cents every. That signifies that successfully, the Amex card solely affords 1.2% “cash” again, in comparison with the no-strings-attached 2% from the Spark 2% Cash Plus.

What the specialists love: You earn the identical 2% again in every single place, no preset spending restrict because it’s a charge card.

What the specialists do not love: Other business credit cards supply a nice return on spending in some buy classes.

Read extra in regards to the Capital One Spark Cash Plus card:

Capital One Spark Miles for Business

The Capital One® Spark® Miles for Business is a nice possibility if you do not need a sophisticated rewards credit card technique however you need decisions in the way you redeem your miles from the one card you do use. You can switch them to over a dozen Capital One partners or you should use miles to cowl your business’ travel bills out of your credit card assertion.

Capital One miles are worth an average of 1.7 cents each, based on Insider’s valuations, as a result of you’ll be able to usually get outsized worth whenever you switch miles to companions. If you wish to hold it easy, there’s additionally the choice to make use of your miles to guide travel by means of the Capital One portal, or redeem them at a fee of 1 cent every to “erase” eligible travel purchases out of your card assertion.

Beyond that, you’ll be able to redeem Capital One miles for cash again or reward cards. So in the event you do not wish to be locked into only one means to make use of your rewards, this card may make sense.

What the specialists love: “The flat 2 miles per dollar spent that you earn on this card transfer to more than a dozen airline and hotel partners, plus you earn 5x miles on hotels and rental cars booked with the card through Capital One Travel,” says Wilson.

What the specialists do not love: No 0% APR interval, not as many perks as another cards with a related annual payment.

Read extra in regards to the Spark Miles for Business card:

Chase Ink Business Unlimited

The Ink Business Unlimited℠ Credit Card is a easy one at first look, incomes limitless 1.5% cash again. However, similar to the patron Chase Freedom Flex℠ and Chase Freedom Unlimited® cards, the Ink Business Unlimited℠ Credit Card has a trick up its sleeve. Although the cardboard is marketed as “cash back,” it truly earns Ultimate Rewards factors that you may redeem for cash (1 level = 1 cent).

That means that you may mix the factors earned from the Ink Business Unlimited℠ Credit Card with those you earn from cards just like the Ink Business Preferred® Credit Card, or the non-public Chase Sapphire Reserve® or Chase Sapphire Preferred® Card, and both earn a bonus whenever you redeem them for travel by means of Chase, or switch them to travel companions. Combined with an Ink Business Preferred® Credit Card, you will get a assured 1.5–3 factors per greenback spent.

The card additionally affords a Ink Business Unlimited® Credit Card, adopted by a Ink Business Unlimited® Credit Card, so it is a good selection in case you have bills arising that you simply wish to unfold out over time.

What the specialists love: “The current welcome bonus offer is especially impressive for a no-annual-fee card,” says Silbert.

What the specialists do not love: This card is not as precious by itself — you want one other Chase card to really maximize the rewards.

Read extra in regards to the Ink Business Unlimited card:

Amex Business Gold

If you do not wish to pay the upper annual payment of The Business Platinum® Card from American Express, the American Express® Business Gold Card is a good various. And relying in your spending habits, the Business Gold may truly be a extra rewarding selection, because of the power to earn 4x factors on well-liked business spending classes on the primary $150,000 in mixed purchases every calendar 12 months within the two choose classes the place your business spent probably the most every month; then 1x. 

Eligible 4x classes are:

  • Airfare bought instantly from airways
  • US gasoline stations
  • US eating places (together with takeout and supply)
  • US delivery suppliers
  • US pc {hardware}, software program, and cloud methods from choose know-how suppliers
  • US purchases for promoting in choose media (on-line, TV, radio)

This card at the moment comes with a huge welcome supply of American Express® Business Gold Card (value American Express® Business Gold Card primarily based on Insider’s valuations). Cardholders additionally obtain a first rate choice of travel and purchasing perks, together with a 25% factors rebate on first- and business-class flights (or economic system flights in your chosen airline) booked by means of Amex Travel.

What the specialists love: High degree of customization in relation to the place you earn probably the most rewards 

What the specialists do not love: Wilson notes that it is the solely premium Amex card that does not supply a assertion credit to offset the annual payment.

Read extra in regards to the Amex Business Gold card:

Chase Ink Business Cash

The Ink Business Cash℠ Credit Card is one other stable Chase entry, and similar to with the Ink Business Unlimited℠ Credit Card, you’ll be able to pool the “cash” you earn with factors from a points-earning card, successfully changing your cash into (probably) extra precious factors.

The Ink Business Cash℠ Credit Card is an particularly good possibility in the event you can maximize its bonus classes, together with workplace provide shops, web, cable, and eating places, amongst others. Cardholders earn 5% cash again (5x factors) at workplace provide shops and on web, cable, and telephone providers, and a couple of% cash again (2x factors) at gasoline stations and eating places. You’ll earn 5% and a couple of% in these classes on the primary $25,000 in mixed purchases every account anniversary 12 months (then 1%), and 1% cash again (1 level per greenback) on all different purchases with no caps.

New cardholders may take advantage of a Ink Business Cash® Credit Card (then a Ink Business Cash® Credit Card APR), making this card a good selection for giant purchases you wish to repay over a number of months.

What the specialists love: No annual payment, you’ll be able to earn as much as 5% cash again 

What the specialists do not love: Not the best possibility in the event you do not spend a lot inside the 5% cash-back classes

Read extra in regards to the Ink Business Cash card:

US Bank Business Triple Cash Rewards

If you are in search of a rewards-earning small-business card with a beneficiant 0% APR on each purchases and steadiness transfers, the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® is a superb selection. Cardholders obtain a U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard®, adopted by a U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® APR, which may be very unusual on business cards.

The card’s welcome supply and earnings aren’t something to smell at, both. New cardholders can earn U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® (approved person purchases will not rely, nevertheless).

You’ll additionally earn 5% cash again on pay as you go accommodations and automobile leases booked by means of the US Bank Rewards Center, 3% cash again on eligible purchases at gasoline stations and EV charging stations, workplace provide shops, mobile phone service suppliers, and eating places, and 1% cash again on all different eligible purchases.

Another distinctive function of the cardboard is an annual $100 assertion credit for recurring software program subscription bills like FreshBooks or QuickBooks. If you already subscribe to those providers, the assertion credit is a good bonus — and it is notably uncommon for a no-annual-fee card.

What the specialists love: Long intro APR on purchases and steadiness transfers, good bonus and incomes charges, software program subscription assertion credit

What the specialists do not love: Foreign transaction charges

Read extra in regards to the US Bank Triple Cash Rewards card:

US Bank Business Platinum Card

While it would not earn rewards or include a welcome bonus, the U.S. Bank Business Platinum Card is perhaps simply what your business wants in the event you do not wish to get hit with huge curiosity prices on massive purchases you’ll be able to’t repay all of sudden.

New cardholders qualify for a U.S. Bank Business Platinum Card (steadiness transfers should be made inside 60 days of account opening), adopted by a U.S. Bank Business Platinum Card APR.

What the specialists love: Ultra-long intro 0% APR on each purchases and steadiness transfers

What the specialists do not love: No rewards, overseas transaction charges

Bank of America Business Advantage Customized Cash Rewards credit card

Being in a position to decide your individual bonus classes can go a long means towards serving to your small business maximize its spending. The no-annual-fee Bank of America Business Advantage Customized Cash Rewards Credit Card is a good decide if you’d like this sort of flexibility, particularly in case your spending habits have a tendency to vary from month to month.

Each month, cardholders can select to earn 3% cash again in a single class from this record:

  • Gas stations
  • Office provide shops
  • Travel
  • TV, telecom, and wi-fi
  • Computer providers 
  • Business consulting providers

Otherwise, the cardboard earns 2% cash again on eating purchases and 1% again on all different eligible purchases. Keep in thoughts the three% and a couple of% cash again classes are capped at a mixed $50,000 per 12 months in purchases; after that, you will earn 1% cash again.

However, in the event you’re a Bank of America Preferred Rewards for Business buyer, you’ll be able to earn as much as 75% extra cash again, relying in your rewards tier. At the very best degree, you can be incomes a whopping 5.25% again in your chosen class.

There’s a good welcome supply of a Bank of America Business Advantage Customized Cash Rewards Credit Card. Cardholders additionally obtain a Bank of America Business Advantage Customized Cash Rewards Credit Card, adopted by a Bank of America Business Advantage Customized Cash Rewards Credit Card APR.

What the specialists love: Ability to customise a 3% cash again class every month, good welcome bonus supply

What the specialists do not love: $50,000 annual cap on 3% and a couple of% classes, overseas transaction charges

Read extra in regards to the Bank of America Business Advantage Customized Cash Rewards card:

Capital One Spark Classic for Business

Whether you have got a new business or simply do not have a ton of credit historical past, the Capital One®️ Spark®️ Classic for Business might be a good stepping stone. It’s attainable to get approved for the card with just fair credit, whereas most different small-business cards that earn rewards require a good or even glorious credit rating.

The card affords 1% cash again on all purchases, which is not spectacular, however as a starter business card, it is not unhealthy. There’s no annual payment or overseas transaction charges, and worker cards are free so as to add (you will earn rewards for his or her purchases, too).

You’ll additionally obtain a handful of good advantages, together with secondary automobile rental insurance coverage, buy safety in opposition to harm or theft, prolonged guarantee on eligible objects, and travel and emergency help providers.

What the specialists love: You solely want truthful credit to be thought-about for approval, first rate advantages for a starter card, no overseas transaction charges or annual payment

What the specialists do not love: Card solely earns 1% cash again throughout the board, no welcome bonus supply

Airline business credit cards

Welcome supply: Varies

If you fly usually for work, and also you’re loyal to 1 explicit airline, then it might be value getting an airline’s co-branded credit card. In addition to incomes frequent flyer miles on each buy, you will get a selection of perks like free checked bags and priority boarding

Each airline credit card has barely completely different phrases and advantages, however these are some of the best choices to contemplate in your business.

Delta

United Airlines

American Airlines

Southwest Airlines

Alaska Airlines

Hotel business credit cards

Welcome supply: Varies

If you ceaselessly travel for business, a hotel business credit card may additionally make sense. You’ll earn lodge factors on all of your spending, and a few cards supply complimentary elite status and annual free reward nights.

The advantages and bonuses range, however listed here are some prime choices to contemplate:

Hilton

Marriott 

Hyatt

IHG

Wyndham

How our specialists selected the best small business credit cards

Personal Finance Insider evaluated dozens of business credit cards which can be at the moment open to new candidates, together with a number of no-annual-fee business cards. We narrowed the record down primarily based on the next standards:

  • Sign-up bonus — Does the cardboard supply a valuable welcome bonus offer to new cardholders who meet a minimal spending requirement?
  • Ongoing rewards — Beyond the welcome bonus supply, does the cardboard supply a aggressive fee of factors or cash again on purchases?
  • Other options — Does the cardboard include any further advantages, reminiscent of travel protection, free worker cards, or car rental coverage?
  • Annual payment — If the cardboard has an annual payment, does it offer enough benefits to justify it?

For anybody working a business with dozens of workers, keeping your personal and business finances separate is important. Things can get murky shortly whenever you’re chopping private and business checks from the identical account — a business credit card is not going to solely assist separate bills, but in addition allow you to set up business credit, so that you’ve flexibility in a while with loans and leases. Plus, you may get further approved cards for workers as wanted.

Before you resolve on the proper card in your enterprise, it is best to have an concept of how your wish to redeem your rewards:

It’s additionally necessary to contemplate your spending habits and select a card that earns probably the most rewards in your ordinary business bills.

Our skilled panel for this information

We consulted prime credit card specialists from NerdWallet and The Points Guy, a licensed monetary planner, and our personal credit cards editor to tell our picks for the best business credit cards. We additionally interviewed them about discover the best small business credit card for you — you will discover the entire textual content of our interviews on the backside of this web page.

PFI Our Panel of Experts
Our skilled panel reviewed dozens of small-business cards to give you the best.

How our record compares to different publications

Opening a new credit card is not a determination it is best to make frivolously — it includes a lot of analysis and cross-checking prime specialists’ lists. To assist streamline your decision-making course of, we have in contrast our record of the best business credit cards to different prime publications’ suggestions.

 Personal Finance InsiderNerdWalletThe Points Guy

Ink Business Preferred® Credit Card

Amex Business Platinum Card

The Blue Business® Plus Credit Card from American Express

American Express Blue Business Cash™ Card

 

Spark 2% Cash Plus

Spark Miles Business Card

Ink Business Unlimited℠ Credit Card

American Express® Business Gold Card

 

Ink Business Cash℠ credit card

U.S. Bank Business Triple Cash Rewards World Elite Mastercard®

 

U.S. Bank Business Platinum Card

  

Bank of America Business Advantage Customized Cash Rewards Credit Card

 

Capital One®️ Spark®️ Classic for Business

  

The specialists’ recommendation on selecting the best business credit card for you

We interviewed three credit card specialists and one monetary planner about what to search for in the event you’re contemplating opening a business credit card. You can discover the complete textual content of our interviews beneath (some solutions could also be frivolously edited for readability).

What options make a business credit card good?

Sara Rathner, credit card skilled at NerdWallet: 

The rewards must be consistent with your business’ typical spending. An ultra-high bonus is not value overspending for. And what good is additional cash again if it is for sorts of purchases you will by no means make? 

Luis Rosa, licensed monetary planner:

The capability to simply present company cards to workers with their very own spending limits, plus robust welcome bonuses and cash-back or rewards packages. 

Sarah Silbert, senior reviews editor at Personal Finance Insider: 

A very good business credit card will reward your organization for the purchases it makes most ceaselessly. It can even supply advantages to make your life simpler, reminiscent of free worker credit cards and travel perks.

Benét Wilson, senior editor at The Points Guy:

If you spend a lot on particular classes (like travel, workplace provides, eating, and web/wi-fi), then you definitely need a card that provides prime factors per greenback spent on them. You need free worker cards and instruments that allow you to steadiness the books. Plus you want broad choices to redeem your factors (travel, assertion credit, reward cards).

How ought to somebody strategy discovering the best business credit card for his or her particular scenario?

Sara Rathner, NerdWallet: 

Before making use of, know the way a lot you spend, and on what. From there, you could find the cards that reward you probably the most for what your business already does.

Luis Rosa, CFP:

Benefits will range from solopreneurs to larger companies so make the choice primarily based on spending patterns or anticipated future purchases. 

Sarah Silbert, Personal Finance Insider:

If there are any particular advantages you need from a business credit card, begin there. For instance, not each business card comes with airport lounge entry. If you haven’t any explicit perks in thoughts, think about whether or not you wish to earn cash again or travel rewards — that call alone will slim down your choices. From there, take a have a look at the credit card choices and consider their advantages. If you are a card with an annual payment, be certain that it is value it for you. You will not wish to pay a whole lot of {dollars} per 12 months for a card in the event you by no means put its luxurious travel perks to make use of.

Benét Wilson, The Points Guy: 

Look for a business credit card that may allow you to maximize your purchases, separate your bills and get monetary savings on curiosity annually. Do you favor incomes cash-back rewards, airline miles, lodge factors, or transferable currencies? Are you prepared to pay an annual payment? What classes does your business spend probably the most in annually? Do you or your workers travel ceaselessly and in that case, would there be a profit in having lodge elite standing or a checked bag allowance when flying?

Is there anything you’d inform somebody trying to open a business credit card?

Sara Rathner, NerdWallet: 

Remember that you simply’re personally liable to cowl any unpaid credit card payments in case your business fails. Spend rigorously.

Luis Rosa, CFP:

Keep in thoughts that in the event you assign workers cards you and the business are nonetheless in the end answerable for the costs on these cards.

Small business credit cards ceaselessly requested questions (FAQ)

What’s the distinction between a private credit card and a business credit card?

While private credit cards are meant for any sort of buy, business credit cards are focused towards small business house owners. That does not imply you want a massive established firm to use for a business credit card; even in the event you’re a freelancer you may get accredited for a business card offered you meet the bank’s application requirements.

Business credit cards normally supply completely different rewards and advantages than private credit cards. For instance, a business card could earn bonus rewards on purchases at workplace provide shops, and it might supply free cards for workers. Plus, business cards can have increased credit limits than private credit cards, and typically, the exercise on a business card will not have an effect on your private credit report (though in the event you default on the business card, the cardboard issuer can nonetheless come after you personally).

Who has the best business credit card?

American Express, Chase, Citi, Capital One, and different issuers all supply stable choices in relation to business credit cards. The best selection for you relies on what advantages you worth, and the way a lot of an annual payment you are prepared to pay.

If you need a rewards card with all of the bells and whistles, The Business Platinum® Card from American Express is a good selection. If you care much less about perks like airport lounge entry and annual assertion credit, a extra easy card that earns bonus rewards on all of your spending, a card just like the Capital One® Spark® Miles for Business might be a higher match.

How do I qualify for a business credit card?

The excellent news is that it is simpler to qualify for a business credit card than you might assume. If you do any freelancing or a aspect gig, reminiscent of driving for Uber or promoting objects on eBay, you’ll be able to sometimes qualify for a business credit card as a sole proprietor. In this case, you might be personally on the hook in your business’ money owed.

Small business house owners who aren’t sole proprietors can qualify for business cards too. If you have got a bigger business with workers, you might be requested to incorporate your Employer Identification Number (EIN) in your credit card software.

What do I placed on a business credit card software?

If you are a sole proprietor, you’ll be able to apply for a business card utilizing your Social Security quantity. You ought to put down your authorized identify because the business identify. If you have got a business with workers, you will have to reply questions on your business measurement, sort, and income, along with offering your SSN and your EIN (if requested).

What’s the distinction between a business credit card and a company credit card?

With a business credit card, the first cardholder is answerable for the money owed on the cardboard and for any charges which can be incurred. A company card is issued by a firm to its workers, and the corporate is answerable for paying that card.

With a company card, you usually will not earn rewards (and also you additionally normally will not be on the hook for no matter you cost to it), whereas with a business card in your identify, you get to maintain no matter rewards you earn by means of your spending.

Read the unique article on Business Insider

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