The U.S. Bank Business Platinum Card is our top overall pick for best business credit card for balance transfers, since it offers one of the longest intro APR promotions on balance transfers that’s currently available for a business credit card.
Long 0% intro APR
0% intro APR on balance transfers for 18 billing cycles, then 17.24% to 26.24% APR
The U.S. Bank Business Platinum Card is our pick for the best overall business balance transfer card because of its long interest-free period, during which you can pay off other high-interest debt. In addition, the card charges a $0 annual fee.
The card doesn’t come with a rewards program — however, when your goal is to pay down debt, it’s best to focus on paying off your transferred balance in full within the promotional period rather than racking up rewards. Still, this may be a good card to keep around even after you’ve taken advantage of the balance transfer promotion, as it carries a very reasonable APR once the promotion expires.
Earn a valuable sign-up bonus
The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® lets business owners earn a generous cash back rate on company expenses. It offers cash back rewards in popular business spending categories: Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants. 1% cash back on all other eligible net purchases. Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center. No limit on total cash back earned.
As for its balance transfer credentials, it boasts a reasonable intro APR period — 0% Intro on balance transfers for 15 billing cycles (19.24% - 28.24% variable after the intro period ends) — in addition to its aforementioned strong ongoing value.
Further, this $0 annual fee card also offers a valuable sign-up bonus: Limited Time Offer: Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
Low ongoing APR
Intro APR of 15.24% to 25.24% on purchases and 15.24% to 25.24% APR on balance transfers, followed by a 15.24% to 25.24% APR
The PNC Visa® Business Credit Card offers one of the lowest ongoing APRs of any card out there — currently 15.24% to 25.24% APR. It’ll also handle your balance transfer needs, since it comes with an Introductory 0% APR for the first 13 billing cycles following account opening when the balance is transferred within the first 90 days following account opening.
And if there’s a chance you won’t be able to pay off the entire transferred amount before the introductory period ends, the PNC Visa® Business Credit Card may still be a good fit. This card offers the lowest ongoing balance transfer APR of the cards listed in this post: 15.24% to 25.24%.
In addition, the PNC Visa® Business Credit Card charges a $0 annual fee. However, it doesn’t currently offer a sign-up bonus or rewards for the purchases you make.
Save on fees: No annual fee, foreign transaction fee or balance transfer fee
While there are business credit cards available that offer intro APRs on balance transfers, the Edward Jones Business Plus MasterCard Credit Card may be the only one that doesn’t charge a balance transfer fee for balances transferred during the first 60 days of account opening.
The Edward Jones Business Plus MasterCard Credit Card comes with a $0 annual fee and $0 in foreign transaction fees. You’ll also earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000. Plus, new cardholders can earn 15,000 loyalty points after you spend $1,000 in the first 90 days of account opening.
It’s important to note that the Edward Jones Business Plus MasterCard Credit Card is only available to current Edward Jones customers. To apply, you can either ask your Edward Jones financial advisor, or log in your account and visit the loans & credit section.
Dan Miller is a freelance writer and has been covering credit cards, student loans and all things personal finance since 2014. His home base is in Cincinnati, but he tries to travel the world as much as possible with his wife and 6 kids.Read More
The above offers and/or promotions may have since changed, expired, or is no longer available. Check the Issuers’ website for more details.