Best Secured Business Credit Cards in 2025: Build Credit & Earn Rewards
Best secured business credit card
Best secured business credit card
Business Advantage Unlimited Cash Rewards Secured credit card
The Business Advantage Unlimited Cash Rewards Secured credit card is a Bank of America secured business credit card that boasts solid rewards for everyday spending, a lower minimum security deposit than some other cards, plus the chance to upgrade to an unsecured business credit card with responsible use.
Key takeaways
- If your business has poor or limited credit history, a secured card can help you build credit so you can eventually qualify for better business financing options.
- Secured business cards can help you rebuild or establish your company’s credit profile by reporting your payment history to business credit bureaus.
- A secured credit card for business requires a refundable security deposit, typically the same amount as your credit limit.
- Some of our top picks offer perks beyond building business credit, such as cash back rewards, low intro APR rates, and the path to upgrade to an unsecured card.
- Best secured business credit card overall: Business Advantage Unlimited Cash Rewards Secured credit card
- Best for no personal guarantee: Ramp Visa Corporate Card
- Best for 0% intro APR: 14.95%-26.25% Variable APR Followed by a Valley Visa® Secured Business Credit Card
- Best for high deposits and maximum credit building: FNBO Business Edition® Secured Mastercard® Credit Card
- Best secured card alternative for business credit building: Nav Prime Card
- Best secured personal credit card for small business owners: First Tech Platinum Secured Mastercard®
Compare the 6 best secured business credit cards
| Credit Cards | Our Ratings | Minimum deposit | Rewards Rate | Regular APR | |
|---|---|---|---|---|---|
Business Advantage Unlimited Cash Rewards Secured credit card*
|
Overall winner
|
$1,000 | 1.5% cash back
Unlimited 1.5% cash back on all purchases
| 26.99% variable | |
Ramp Visa Corporate Card*
|
No personal guarantee
|
N/A (must link financial accounts for review and show proof of $25,000 in cash reserves) | 1.5% cash back
Up to 1.5% cash back on all card spend
| N/A | |
Valley Visa® Secured Business Credit Card*
|
0% intro APR
Followed by a 14.95%-26.25% Variable APR
|
110% percent of your approved credit limit | 1% cash back
unlimited 1% cash back
| 14.95%-26.25% Variable APR | |
FNBO Business Edition® Secured Mastercard® Credit Card*
|
High deposits and maximum credit building
|
$2,000 | N/A | 24.99% | |
Nav Prime Card*
|
Alternative for business credit building
|
No deposit required | N/A | N/A | |
First Tech Platinum Secured Mastercard®*
|
Secured personal credit card for small business owners
|
$500 | 1X point
1 point per $1 on every purchase
| 13.00% to 18.00% |
Methodology: How we chose the best business secured credit cards
We take a comprehensive, data-driven approach to identify the best secured business credit cards. We use an objective rating and ranking system that evaluates over 200 credit cards from more than 50 issuers. All recommendations are made by LendingTree’s editorial team, completely independent of affiliate partnerships or compensation. Every card is selected based on its merit and ability to help people achieve their financial goals.
Winner: Best secured credit card for businesses
Business Advantage Unlimited Cash Rewards Secured credit card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Minimum deposit: $1,000
Credit limit: $10,000*
- Earns unlimited 1.5% cash back on all purchases
- Potential upgrade to unsecured credit card with responsible use
- No annual fee
- Minimum $1,000 security deposit required
- High APR when compared to other cards
- Limited rewards redemption options
The Business Advantage Unlimited Cash Rewards Secured credit card is our pick for the best secured business credit card for several reasons. For starters, it’s the only card on our list from a major national bank, and it has no annual fee. Small business owners can earn unlimited 1.5% cash back on all purchases while helping to build credit.
In addition, cardholders may be invited to upgrade to an unsecured version of this business credit card after several months of responsible use. Qualified cardholders who can upgrade to the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card can earn up to 2.62% cash back on all purchases if they also participate in the Bank of America Preferred Rewards® banking program.
→ Read our Business Advantage Unlimited Cash Rewards Secured credit card review
- Earn unlimited 1.5% cash back on all purchases, with no annual caps
- $0 annual fee
- Open an account with a $1,000 minimum deposit
- Cash flow management tools, including automatic payments, transfers and download into QuickBooks
Best for no personal guarantee
Ramp Visa Corporate Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Minimum deposit: N/A — must link financial accounts for review and show proof of $25,000 in cash reserves
Credit limit: Determined by Ramp and credit issuer
- Robust expense management and reporting tools
- No personal security deposit or guarantee required
- No foreign transaction fees, late fees or card replacement fees
- Rewards earning potential
- This is a charge card — cardholders must pay the monthly balance in full
- Approval contingent on $25,000 minimum cash reserve
- Only available for corporations, LLCs and nonprofits (no sole proprietors or individuals)
- Rewards earning and redemption rates are not publicly disclosed
The no-annual-fee Ramp Visa Corporate Card is generally best for businesses with low or limited U.S. credit history who want a business credit card with no credit check or personal guarantee. This is a charge card, which means cardholders must pay their balance in full each month. This card also offers up to 20X the credit limit of other secured business credit cards, depending on your company’s creditworthiness.
The Ramp Visa Corporate Card comes with a full expense management system that tracks and uploads bill payments, company expenses and other transactions into a single software platform that integrates with your corporate financial accounts for easier accounting and reporting.
Cardholders won’t be personally held liable for any debt incurred on the Ramp Visa Corporate Card. However, some small businesses won’t be eligible for the card, since qualifying applicants must show a minimum of $25,000 in a business bank account.
→ Read our Ramp Visa Corporate Card review
- Earn up to 1.5% cash back on every purchase
- No annual fee, card replacement fees, late fees or interest
- Unlimited corporate cards
- Actionable insights and reporting, including a dashboard for company expenses
- Automated accounting
Best for 0% intro APR
Valley Visa® Secured Business Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Minimum deposit: 110% percent of your desired credit limit
Credit limit: Up to $25,000, based on customer request (requires 110% security deposit)
- $0 annual fee
- 0% introductory APR for 6 billing cycles on purchases, followed by a 14.95%-26.25% Variable APR
- 0% introductory APR for 6 billing cycles on balance transfers, followed by a 14.95%-26.25% Variable APR
- Requires security deposit of 110% of credit limit
- Balance transfer fee: 4% or $5, whichever is greater
- Foreign transaction fee: 2% of the amount of each transaction in U.S. Dollars.
- High late and returned payment fees
The no-annual-fee Valley Visa® Secured Business Credit Card is best for cardholders who want to avoid high-interest debt. New cardholders can take advantage of a 0% introductory APR for 6 billing cycles on purchases and 0% introductory APR for 6 billing cycles on balance transfers (both are followed by a 14.95%-26.25% Variable APR). Intro APR periods are rare among secured business credit cards, but very helpful for business owners looking to pay off large company purchases over time.
This card also offers unlimited 1% cash back on all purchases, as well as one of the higher credit limits available on a business secured credit card. However, cardholders must put up a security deposit of 110% of the requested credit line, up to $25,000.
- No annual fee
- Unlimited 1% cash back
- Intro APR on balance transfers and new purchases
- Security deposit of 110% of your desired credit limit, up to $25,000.
- Up to 25 cards issued under one account at no additional cost
Best for high deposits and maximum credit building:
FNBO Business Edition® Secured Mastercard® Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Minimum deposit: $2,000
Credit limit: $10,000
- Earn interest on your security deposit
- Auto rental insurance coverage
- Automatic rebates at 40,000 participating merchants
- Annual fee: $39
- High APR on purchases and balance transfers
- High late payment and over-credit-limit fees
The FNBO Business Edition® Secured Mastercard® Credit Card is a solid, basic secured business credit card that allows you to build credit and secure a credit limit of up to $10,000 if you can put down that amount as a deposit. That offers the flexibility to make fairly large business purchases on the card.
This card, while it lacks rewards, stands out for its auto rental coverage, a rare perk on a secured business credit card. It’s important to know you’ll need to put down a security deposit of at least $2,000 to open a card, a higher minimum deposit than on many other secured credit cards.
- Credit limit up to $100,000
- $39 annual fee
- 24.99% APR
Best secured card alternative for business credit building
Nav Prime Card*
Minimum deposit: No deposit required
Credit limit: Varies based on balance of linked account
- No security deposit required
- Helps build business and personal credit
- No revenue or time-in-business requirements
- The card is a charge card, not a credit card
- The balance must be paid daily
- Credit limit based on balance of linked repayment account
- No rewards
The Nav Prime Card offers an excellent alternative to a business secured credit card for small business owners seeking to build credit with everyday purchases. Unlike many business credit cards, this business charge card allows you to build both business and personal credit at the same time.
This card functions differently from most secured business credit cards with no large upfront security deposit required. You do need to link a payment account to your Nav Prime Card, which is unique among charge cards in requiring daily (rather than monthly) payments. You can set up autopay to make this easier, and you’re building credit on a daily basis. You should know that your credit limit can fluctuate based on the amount of money in your linked payment account, so that’s something to be aware of if you plan to make a big purchase.
- Get 0% APR for everyday business expenses. Pay effortlessly with mobile wallet.
- Repay automatically from your linked account at the end of each day.
- The more you spend, the more business credit history you build with the major bureaus.
- Continue monthly to keep building. Check progress in your Credit Health dashboard.
Best secured personal credit card for small business owners
First Tech Platinum Secured Mastercard®*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Minimum deposit: $500
Credit limit: Range of $500 to $25,000
*Credit limit is not publicly disclosed, but was previously listed as a range of $500 to $25,000 as of 2023
- Low APR of 13.00% to 18.00%
- No annual fee, and no fees on foreign transactions, balance transfers or cash advances
- Earn rewards worth 1 cent per dollar spent
- No welcome bonus
- Mediocre rewards rate and redemption opportunities
- Not a dedicated business credit card
The First Tech Platinum Secured Mastercard® is a $0-annual-fee card with a low APR and a possibly high credit limit. Some small business owners — including sole proprietors — may find it convenient to use a personal credit card for business. However, you should make sure you use it exclusively for business expenses, and keep in mind that you won’t be able to use it to build business credit.
This card stands out because it doesn’t charge any fees for foreign transactions, balance transfers and cash advances. While many cards don’t charge foreign transaction fees, cards without balance transfer or cash advance fees are much more difficult to find, especially if you’re looking for a card from a major issuer. If you’re carrying a high-interest balance on another credit card, taking advantage of the no-fee balance transfer benefit can save you hundreds of dollars in transaction fees and future interest.
You can also earn rewards points on every purchase — 1 point per $1 on every purchase, redeemable for travel, merchandise, gift cards and more.
- No annual fee, balance transfer, cash advance or foreign transaction fee
- Earn points for every dollar you spend
- Purchase assurance covers eligible items for theft of damage
- 24-hour emergency card services
- Identity theft protection
→ Check out LendingTree’s best secured credit cards for more personal card options.
What is a secured business credit card?
A secured business credit card is a card that can help startups and other businesses build credit by reporting to the three major business credit bureaus. Secured cards are aimed at businesses with bad or limited credit and typically require a refundable deposit. Some issuers offer automatic account reviews with the chance for responsible card users to upgrade to an unsecured card.
Here’s how these cards typically work:
- Can you get a secured credit card for a business with no deposit? Not usually. The minimum security deposit on a business secured credit card typically ranges from about $500 to $2,000, with the option to put down as much as $25,000 for a higher credit line.
- Payment history on the card is reported to at least one of the three major business credit bureaus, Equifax, Experian and Dun & Bradstreet (D&B). Regular reporting to these bureaus helps your business build a business credit score, which is different from a FICO or personal credit score.
- Some secured business credit cards offer other perks, such as a 0% introductory APR, rewards on regular spending or auto insurance coverage.
- A business credit card (or a personal credit card used exclusively for business expenses) can help you to separate your personal and business finances. This is important for record keeping, taxes and liability reasons.
A LendingTree report on secured cards found that many tend to be costly, and they’re less likely to offer rewards than non-secured cards. Nonetheless, they can be a useful tool to help businesses build credit and potentially qualify for an unsecured business credit card or business loan in the future.
Who offers secured small business credit cards?
Secured business credit cards are relatively rare. For example, there’s no Capital One secured business credit card, nor is there one from American Express, Chase or Discover. Most major card issuers don’t offer secured business credit cards — although many do offer personal secured credit cards, which can sometimes work for sole proprietors. In general, if you want a small business credit card from a major issuer, you’ll need to build up your credit history until you qualify for an unsecured credit card.
The Business Advantage Unlimited Cash Rewards Secured credit card is an outlier, however, as the only card on our list from a major issuer. It’s also our top pick for a secured business card for most businesses.
| Financial institution | Secured business credit card | Credit bureaus it reports to |
|---|---|---|
| Bank of America | Business Advantage Unlimited Cash Rewards Secured credit card | Small Business Financial Exchange (SBFE) |
| First National Bank of Omaha (FNBO) | FNBO Business Edition® Secured Mastercard® Credit Card | Experian |
| Ramp | Ramp Visa Corporate Card | Equifax, Experian and Dun & Bradstreet |
| Valley Bank | Valley Visa® Secured Business Credit Card | Equifax and Experian |
| Nav | Nav Prime Card | Equifax, Experian and Dun & Bradstreet |
| Suncoast Credit Union | Suncoast Credit Union Business Secured Visa | Equifax, Experian and Dun & Bradstreet |
How to get a secured business credit card
If you’re ready to apply for a credit card for your business, here’s what you’ll need to do:
-
Check your eligibility.
Can you get a secured business credit card? The requirements for a secured card vary by lender. You will need to provide your tax identification number (TIN) and, for sole proprietors, your date of birth. The card issuer also may ask for your business license, financial statements or other documentation that you have a business in good standing. -
Compare deposit requirements.
Secured business credit cards typically require you to put down a deposit that will match the amount of your initial credit limit. Each card has a minimum deposit requirement ranging from about $500 to $2,000, with the option to put down more for a higher credit limit (up to $25,000 on some cards). Look for a deposit requirement you can afford, or a maximum deposit that meets your needs based on how much spending you plan to do on the card. -
Apply for the card.
After you choose a card that’s a fit, you’ll need to fill out an application. Issuers typically ask for information such as your full legal name, business name, business address, date of birth, federal tax ID number, type of industry, gross annual sales, number of employees and business structure. They may also request your business license, financial statements and other business documents. -
Wait for approval.
Just like with a personal credit card, you’ll likely get a decision almost immediately. If you’re approved, you’ll get instructions for submitting your deposit. The timeframe for receiving a secured business card is similar to an unsecured business card, about seven to 10 days, with one caveat. You must submit your deposit before the issuer will send the card, so the faster you do that, the sooner you’ll receive and be able to start using your card. -
Use your card responsibly to build business credit.
Now you can begin using your card responsibly to help build your business credit. Ideally, make only purchases you can afford to pay off in full each month. Set up automatic payments if you can to make sure you always pay on time. Learn how to understand business credit reports and check your scores regularly. Depending on the issuer, you may be able to graduate to an unsecured business credit card from the same financial institution.
Alternatives to secured business credit cards
Secured business cards aren’t always the right choice. You may want to consider some other options to fund your business.
Personal secured credit cards for sole proprietors
Sole proprietors may be able to use a personal credit card (secured or unsecured) as a business credit card. This may be a good option for those who have low expenses, don’t need to build business credit and simply want a convenient way to keep business and personal expenses separate. There are many types of credit cards, so you can choose the right fit for you. If this appeals to you, make sure to consider any tax and liability implications as well as the impact on your personal credit score.
→ Check out LendingTree’s best secured credit cards for more personal card options.
Business line of credit
A business line of credit offers a way for businesses to manage cash flow without using a credit card or taking out a loan. If you get a secured business line of credit, the bank may put a lien on your assets, typically for amounts of $25,000 or more. A business line of credit offers access to a set amount of funds you can draw on as needed, and no interest accrues until you use some of the money. The downside is that if you don’t qualify for an unsecured business credit card, you may have trouble getting a business line of credit.
→ Learn more about the best secured business lines of credit
Small business loans
A small business loan may be a good choice if you need a lump sum to start a business, finance a big purchase or expand. There are many types of small business loans, including business loans for bad credit, microloans, business debt consolidation loans, working capital loans and Small Business Administration (SBA) loans, which may be easier to qualify for than non-SBA loans. A small business loan may be better than a business credit card for business owners seeking an amount higher than a typical credit limit, who’d benefit from lower interest and predictable installment payments. To qualify, you may need established business credit, proven profitability and/or assets to use as collateral.
→ See LendingTree’s picks for best small business loans
Frequently asked questions
A secured business credit card can be a great financial tool for business owners who don’t qualify for products that require good to excellent credit. These cards typically require a cash deposit for security. In many cases, the amount you deposit with the card issuer becomes your credit limit on the card.
The Ramp Visa Corporate Card and Nav Prime Card both report to Dun & Bradstreet.
The Ramp Visa Corporate Card and the Nav Prime Card report to all three business credit bureaus: Experian, Equifax and Dun & Bradstreet.
No, Chase does not offer a secured credit card for business. Though Chase has a variety of small business credit cards, all are unsecured rewards cards that earn points or cash back and are best for applicants with good to excellent credit. Chase’s Ink Business Preferred® Credit Card is one of our top picks for the best business credit card.
The information related to the Business Advantage Unlimited Cash Rewards Secured credit card, Ramp Visa Corporate Card, Valley Visa® Secured Business Credit Card, FNBO Business Edition® Secured Mastercard® Credit Card, Nav Prime Card, First Tech Platinum Secured Mastercard®, Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card, Suncoast Credit Union Business Secured Visa and Ink Business Preferred® Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.
