Best business credit card program

Pros This card charges no annual fee and rewards never expire. Cons The rewards rate is fairly low, especially for big spenders. That means you could earn up to an unlimited 2. Contactless Cards - the security of a chip card, with the convenience of a tap This offer may not be available if you leave this page or visit our website.

Apply now at Chase's secure site. Rewards Value 3. Annual Percentage Rate 0. Features 2. Issuer Customer Experience 3. Why we like this card The Ink Business Unlimited card is perfect for small business owners who prefer to keep things simple; its flat 1.

You earn the same flat rate of rewards on all purchases — no need to keep track of bonus categories. Rewards Value: 2. Annual Percentage Rate: 0. Rewards Flexibility: 3. Features: 2. Why we like this card The Ink Business Cash card offers some serious opportunities for racking up rewards in common areas of business spending. Pros High earning rate on office essentials, including office supplies and internet, cable and phone services. You must earn at least 2, points before you can redeem them.

Bottom Line The Ink Business Cash card offers a top-notch earning rate on business-focused spending, but keep an eye on the spend cap if you have a bigger budget. Apply now at American Express's secure site. Annual fee No annual fee.

Annual Percentage Rate 5. Rewards Flexibility 5. Pros High rate of cash back for a card with no annual fee. Cash back is automatically applied as a statement credit at the end of each billing cycle. Big business spenders may be able to find a more lucrative business credit card, albeit for an annual fee. Terms apply. Cash back earned is automatically credited to your statement. From workflow to inventory to floor plans, your business is constantly changing.

Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express and other factors.

No Annual Fee Terms Apply. Annual Fee No annual fee. Capital One Spark Cash Plus. Our rating: 4. More information Close. Apply now at Capital One's secure site. Overall rating Our rating: 4. Rewards Value 5. Issuer Customer Experience 4. Rewards Value 4. Pros Enjoy a lengthy introductory APR to pay off large purchases over time, without accruing steep interest charges.

Points are worth less when redeemed for non-travel purchases. Bottom Line With no annual fee and a simple earning scheme, the Amex Blue Business Plus is a solid choice for travel enthusiasts who want to earn Membership Rewards. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors. Divvy Business Card.

Apply now at Divvy's secure site. Rewards rate This card doesn't offer cash back, miles, or points. Intro bonus No current offer. Why we like this card The Divvy business card is a no-annual-fee credit card for businesses looking to simplify their budgeting and expense reporting. Pros Earn higher rewards rates in select bonus categories based on how often you pay your bill.

Business owners can create individualized budgets and grant different levels of access for each authorized user. Cons No sign-up bonus. Streamlines spend management by combining corporate cards with free expense management software. This Smart card offers up to 7x rewards points, plus physical and virtual cards for every employee—with no fees and no contracts.

Gives admins complete control over employee spending with enforceable budgets that can be adjusted in seconds. See every transaction as it happens, bringing all your spend into one place. No cost; stop spending extra for annual fees, expense management software, and vendor overages. Eliminate expense reports, build your business credit, and never go over budget again.

Rewards Flexibility 3. Features 3. You can still earn a high rate of rewards even as your spending shifts. Cons Points are worth less when redeemed for non-travel purchases. Bottom Line The Amex Business Gold card is best suited for frequent business travelers who can take advantage of a higher point value on eligible travel purchases.

Capital One Spark Miles for Business. Rewards rate 2X Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account. Pros Redeem your miles for any travel purchase made in the last 90 days — no matter where you book.

Earn the same flat rate of miles on every purchase. Cons Earn the same flat rate of miles on every purchase. Bottom Line The Spark Miles for Business is a standout in terms of flexibility: you earn a flat rate of miles on all purchases and can redeem them in multiple ways.

Annual Percentage Rate 3. Features 5. Up to , bonus points per calendar year when you book on amextravel. Cons Points are worth less on non-travel redemptions. Bottom Line The Amex Business Platinum card is certainly expensive, but plentiful credits and travel perks can make it worth it for the right kind of cardholder. After that, your APR will be Earn 1. Enrollment required.

Terms Apply. Rewards Value: 3. Annual Percentage Rate: 1. Rewards Flexibility: 4. Features: 3. Wide variety of other redemption options include outside travel purchases, cash back and gift cards. Bottom Line Ultimate Rewards are extremely versatile, and the generous intro bonus and rewards rate on this card makes it easy to rack up flexible points.

Brex 30 Card. Apply now at Brex's secure site. Customer Experience 4. Why we like this card The Brex 30 Card can be a great option for new business owners since it requires no personal guarantee and no personal credit check. Pros Quick approval process with no personal guarantee or personal credit check required.

Generous rewards, discounts and credits that match typical startup spending. To earn bonus points, you need to make the Brex 30 your exclusive corporate card. Bottom Line The Brex 30 Card is designed to match typical startup spending and makes the application process fast and easy. Brex Treasury is not a bank; Brex Cash is not a bank account. This article originally appeared on Money.

Opinions expressed in this article are the author's alone, not those of a third-party entity, and have not been reviewed, approved, or otherwise endorsed. Offers may be subject to change without notice. Here are five steps money experts recommend to help you reach your money goals in , plus more of the week's best financial reads.

What you need to know about eligibility requirements and insurance reimbursement. Your annual Roth IRA contributions will determine your wealth-building potential. Credit cards for those with bad credit can be a great option to help improve your credit and get back on track financially.

Unvaccinated workers at Citigroup, Google and the federal government face the possibility of termination. Taking the time to review and improve your credit score can improve your financial position and help you weather an economic setback.

Please subscribe to keep reading. You can cancel at any time. Already a subscriber? Log in or Activate your account. No thanks, return to homepage. Edit Close. Log In Subscribe. Dashboard Logout. Best Rewards Credit Cards of January Share this. Jason Steele. Credit Repair companies can help you repair and improve your credit so you can apply for the credit card of your choice. Bad credit can weigh you down. Find out what credit repair can offer you. Earn 3x points on travel and dining worldwide.

Redeem points for 1. For businesses that spend plenty on travel and office supplies, a card that gives bonus rewards in those categories would be an excellent choice. And for companies with spending that doesn't fit into the usual categories, a flat-rate rewards card would fit the bill.

See what these rewards are worth and read about how these programs work with our guide to travel rewards programs. Some cards come with programs that allow you to match photos of receipts to your card purchases in-app. Many also offer free employee cards and itemized end-of-year statements that help at tax time. For more, see our guide to choosing a business credit card. As you narrow down your choices based on your business's needs, here's how to evaluate and compare the features of different cards.

The rewards you earn from your spending can easily make up for it, so don't dismiss the idea of paying a fee out of hand. High-volume businesses, especially, can earn rewards that dwarf the fee. If you're spending that much, an annual fee may also indicate a high-limit business credit card — though your actual credit line will depend on your creditworthiness. Annual fees are also deductible business expenses. If you opt for a rewards credit card, you'll have two choices to make.

The first is whether you want a flat-rate card or a bonus-category card:. Flat-rate cards pay you the same rewards on every purchase, regardless of what you buy or where. If you want simplicity, or if your business's expenses tend to run the gamut without any particular category predominating, then a flat-rate card may be best for you. Bonus-category cards pay a higher rewards rate in certain categories and a lower base rate on everything else.

If you don't mind or if you enjoy keeping track of categories and moving spending around to maximize your return, then these cards may be right for you. A bonus category card is an excellent choice if you spend a lot of money in just a few areas. Typical bonus categories for business credit cards include things like office supplies, travel, telecommunications, advertising and shipping. The second choice is whether you want your rewards as cash back or points.

Cash-back cards pay you back a certain percentage of every purchase. Cash back is most commonly redeemed as a credit against your account. Points cards give you points or miles for each dollar you spend, either at a flat rate or with bonus points in certain categories.

These rewards can usually be redeemed for travel, though you may have other options, such as merchandise or cash back. This can be of great benefit if you have a major business-related purchase you're looking to finance. If you plan to pay your credit card bill in full each month, then the ongoing APR doesn't have to be a major factor in your decision. That's because you'll pay no interest.

But if you expect to carry a balance from month to month, the ongoing interest rate becomes very important. Interest charges can easily eat up the value of your rewards, so prioritize a lower ongoing APR if you're going to be carrying debt.

Some small-business credit cards offer special financing options, such as a discount if you pay early or the ability to set up installment plans to pay off specific charges. These can be useful if your business is seasonal or subject to irregular cash flow. If you're earning rewards, you'll want to get as much company spending on the card as possible.

Many issuers allow you to get additional cards at no extra cost for employees who are authorized to spend money on behalf of the business. You also may be able to set spending limits or other restrictions on employee cards.

It's helpful if the issuer offers tools to help you track and categorize expenses. For example, you may be able to download transaction data into bookkeeping software. Or you could match photos of receipts to transactions. Or you may get a detailed annual report for use in preparing your taxes. If your business has you traveling a lot, look for a card that can make your trip more comfortable.

Co-branded airline and hotel cards offer special status and upgrades. Some cards give you access to airport lounges. Others provide travel insurance or rental car coverage for peace of mind. For entrepreneurs who pay in full every month and don't overspend, using a rewards credit card for everything makes those points, miles or cash back add up fast.

Avoid paying with a credit card when a convenience charge is added, if possible. To get your card's sign-up bonus, you typically need to make a few thousand dollars' worth of purchases in the first few months after opening the account.

Read your credit card statements and make a note of when your promotional offer expires to avoid unpleasant surprises. That means you can deduct them at tax time. NerdWallet's Credit Cards team selects the best credit cards for small business based on overall consumer value, as evidenced by star ratings, as well as their suitability for specific kinds of small-business operators.

Factors in our evaluation include annual and other fees, rewards rates, the earning structure for example, flat-rate rewards versus bonus categories , redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features such as special financing arrangements, free cards for employees or tools for managing business expenses.

Learn how NerdWallet rates credit cards. The fundamental difference between a small-business credit card and a corporate credit card lies in who is responsible for debts on the card:.

That means he or she is liable for paying the debt even if the business goes under. If the company goes out of business, the owners are not personally responsible for paying the debt.

This difference is reflected in the application process for business credit cards. Because of this, corporate cards are an option primarily for companies that have already established a credit history separate from the owners. The biggest difference between business and consumer credit cards, of course, is that you must operate a business to qualify for a business card. Beyond that:. This includes things like limits on fees and rules about when the issuer can change the interest rate.

A business credit card is more likely to earn bonus rewards on shipping or at office-supply stores, for example, than at supermarkets or movie theaters. In general, you must operate a business to qualify a small-business credit card, but that business does not have to be incorporated or even have a formal structure, such as a partnership or LLC.

Be aware, though, that the application will likely ask specific questions about your business — the name if it has one , what kind of business it is, how much revenue it brings in, and so on. The effect a business credit card has on your credit score depends on what type of card it is. The application for a small-business credit card will typically ask for the tax identification number of the business.

If you have an EIN, you can use that. Either way, the application will also ask for information about the individual who is personally guaranteeing the debt.

Show summary. Best Business Credit Cards. Annual fee Rewards rate Intro offer Learn More. Apply now. Add to compare. Annual fee. Recommended Credit Score. See your approval odds. Why We Like It. Product Details. Our pick for Cash back: Bonus categories. Our pick for Cash back: Flat-rate rewards. Capital One Spark Cash Plus. Pros Earns cash back on primary and employee cards. No foreign transaction fees. Cons Balance must be paid in full every month.

A personal credit score is a three-digit number, usually starting at and going up to For example, if you need to sign a lease on a bigger space for your business, add a new truck to your fleet or make a big purchase of supplies for your business, a potential lender will likely check your business credit score to determine your creditworthiness and what terms to grant you.

When you apply for a business credit card, your approval will be based on your personal credit score. The issuer will also take other factors into consideration, like your business income and credit history.

In most cases, when you apply for a business credit card, your approval will be based on your personal credit score. Dun and Bradstreet is just one of the credit bureaus that have a business credit score matrix. Most major banks will report to the main credit bureaus including Dun and Bradstreet, but it is always best to check directly with your bank if you have any questions. She has visited over 45 countries and lived in Thailand, China, and Ireland where her son was born.

Her kids have over 20 stamps in their own passports. Her passion lies in showing families how to travel more while keeping their savings and sanity. Her guidebook, Disney World Hacks, is a bestseller on Amazon.

Select Region. United States. United Kingdom. All ratings are determined solely by our editorial team. Dia Adams. Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Discover offers on this page are no longer available on Forbes.

As a result, offers described on this page may be out of date. Read more. Find the Best Credit Card. Featured Partner Offer. Click Here To Apply Now. Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards. Regular APR Credit Score Good, Excellent - Editorial Review.

Unlimited 1. High foreign transaction fees Not a good card for balance transfers. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed. Welcome Bonus Earn , bonus points. Why We Picked It. Remarkable welcome bonus No foreign transaction fee Employee cards at no additional cost Rewards for common business expenses.

Has annual fee Very high cash advance fee Very high balance transfer fee. Welcome Bonus 75, miles. Click Here To Learn More. Welcome Bonus Up to 45, points. Wyndham is not tailored for luxury travelers Popular categories such as dining and non-Wyndham travel not given category bonuses Top-tier status at Wyndham means less than it would at other chains. Partner Offer. Welcome Bonus Earn up to , points.

Credit Score Excellent, Good - Earn up to , Hilton Honors Bonus Points. Welcome Bonus Earn 15, points.