The Best Small Business Credit Card – 10 Top Feature Rich Performers

the best small business credit card

The Best Small Business Credit Card

Is it time to take your small business to the next level?  Money coming in is great, but it can mean an increase in money going out, which can be overwhelming on a business owner’s personal finances. Plus, putting the risk of a small business on your personal credit makes you too vulnerable to spend with confidence.  So, what’s the solution? Set up your small business for success with the best small business credit card.the best small business credit card

Small business credit cards often have a higher limit than personal credit cards, allowing your small business access to the money you need to pay for supplies, vendors, advertising, and more upfront without worry.

Why not get a loan instead?

Many small businesses face a harsh reality of getting rejected for a small business loan because of a lack of business credit history. In fact, a small business credit card allows you to borrow what you need without the huge hassle of applying for a loan.

In addition, when you’re approved for the line of credit, unlike a loan, you’re only borrowing the money as you’re actually spending it. As a result, this makes it easier to pay back and build up a good credit history for your small business.

You can also keep track of your expenses easily with a small business credit card since all of your transactions can be in one place. Most of all, this comes in handy particularly when you’re handling employee spending by adding an employee credit card rather than dealing with messy petty cash or reimbursements.

the best small business credit card

Plus, getting one of the best small business credit card options will allow you to cash in on valuable rewards, such as travel points, or cash back perks.

Loans can be a valuable tool for small businesses down the line, but building your business credit history with the responsible use of a small business credit card will definitely pay off if or when it does come time to get a loan.

The Top 10 Best Small Business Credit Card Options

With so many options to choose from, we’ve narrowed down the top ten best small business credit card options based on features, rewards programs, convenience, and more.

Take the guesswork out of getting the best small business credit card by checking out our top ten below!

Capital One Spark Cash for Business

  • $59 annual fee, waived for the first year
  • 2% cash back on all purchases, with no limit and in all purchase categories
  • no foreign transaction fees
  • In addition, earn a bonus $500 by spending $4500 on purchases in the first 3 months
  • Employee credit cards at no additional cost

Capital One Spark Miles for Business

  • $59 annual fee, waived for the first year
  • Earn 2 miles for every $1 spent
  • Earn a bonus of 50,000 miles after spending $4,500 in the first 3 months
  • No earning limit on miles and they never expire
  • Redeem miles for cash back, travel purchase redemption, or gift cards

business man swiping the best small business credit card

Ink Business Cash from Chase

  • No annual fee
  • 0% APR for 12 months on purchases and balance transfers
  • No cost for additional employee cards, plus you can easily set spending limits on those cards
  • Earn a bonus $300 cash back by spending $3000 on the card in the first 3 months
  • 5% cash back on the first $25,000 spent at office supply stores and phone/internet/television bills every year.
  • 2% cash back on the first $25,000 spent at gas stations and restaurants every year
  • 1% cash back on all other purchases

Blue Business Plus Credit Card from American Express OPEN

  • No annual fee
  • 0% introductory APR for the first 12 months on purchases and balance transfers
  • Earn 20,000 Membership Rewards points after spending $3000 in qualifying purchases in the first 3 months
  • In addition, earn double points on categories such as office supply and restaurants for the first $50,000 in qualifying purchases

Business Green Rewards Card from American Express OPEN

  • $95 annual fee, waived for the first year
  • Earn one membership rewards point for each $1 spent on qualifying purchases
  • Also, earn double membership rewards points when you book through the American Express Travel site.
  • 5000 bonus membership rewards points after your first purchase

Business Gold Rewards Card from American Express OPEN

  • $175 annual fee, waived for the first year
  • Earn 50,000 membership rewards points after spending $5000 in the first 3 months
  • Also, no foreign transaction fees
  • Earn 3X the points on 1 out of 5 categories of your choice
  • In addition, earn 2X the points on the 4 remaining categories
  • 1X the points on everything else (plus the previously mentioned categories after the first $100,000 in purchases)
  • finally, the card comes with valuable expense tracking tools

the best small business credit card

Business Platinum Card from American Express OPEN

  • $450 annual fee
  • Earn 50,000 membership rewards points after spending $10,000 and an extra 25,000 membership rewards points after spending an additional $10,000 in the first 3 months
  • 35% points back on airline purchases (up to 500,000 points per year)
  • Another benefit is there are no foreign transaction fees
  • no spending limit, but it’s a charge card, meaning you have to pay it in full every month
  • premium travel perks like $200 credit for airline incidentals and airport lounge access

Bank of America Business Advantage Cash Rewards Mastercard

  • No annual fee
  • 0% APR for the first 9 billing cycles
  • Earn a bonus $200 statement credit by spending $500 on the card in the first 60 days
  • Also 3% cash back from gas station and office supply store purchases
  • 2% cash back from restaurant purchases
  • 1% cash back on all other purchases

Simply Cash Plus Business Credit Card from American Express OPEN

  • No annual fee
  • 0% APR for the first 9 months
  • Earn a bonus $200 in statement credit after spending $10,000 on qualifying purchases in the first year OR earn $400 bonus statement credit if you spend $20,000 on qualifying purchases in the first year.
  • Furthermore, earn 5% cash back on office supply store and wireless phone company purchases (within the United States)
  • 3% cash back on the category of your choice (from a list of 8 categories)
  • 1% cash back on all other purchases (plus the previously mentioned categories after the first $50,000)

the best small business credit card

Citi Business AAdvantage Platinum Select World Mastercard

  • $95 annual fee, waived for first year
  • Earn 60,000 bonus American Airlines miles after spending $3000 in the first 3 months
  • In addition, travel perks like preferred boarding and first checked bag free for you and companions
  • tiered earning system: 2 AAdvantage miles for American Airlines purchases and phone, car rental, and gas station purchases, plus 1 AAdvantage mile on all other purchases
  • and as an added benefit, no foreign transaction fees

That’s it!

These cards are not ranked in any particular order because every small business has different needs from their small business card.

The best small business credit card for your business depends on your needs from the card, plus the bonus features you’re business would benefit most from.

Thanks for reading about the best small business credit card choices. Leave a reply in the comments below!

Check out our other great credit intelligence posts like “Improve Your Credit Standing – Know Your Credit Options” and “How to Protect Your Credit When You Marry Into Debt.”

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