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Best Small Business Credit Cards of May 2022

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated April 29, 2022 . Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

Our top pick for the best overall small business credit card is the Ink Business Cash® Credit Card. It earns generous cash back on purchases in common business spending categories, offers a valuable sign-up bonus, comes with an intro APR period for new purchases and charges a $0 annual fee.
Best Small Business Credit Cards of May 2022
Best small business credit card overall Ink Business Cash® Credit Card
Best travel rewards business credit card Ink Business Preferred℠ Credit Card
Best flat-rate cash back business credit card Capital One Spark Cash Select - 0% Intro APR for 12 Months
Best business credit card to finance a big purchase U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Best balance transfer business credit card U.S. Bank Business Platinum Card
Best low interest business credit card PNC Visa® Business Credit Card
Best business credit card for limited credit history Capital One® Spark® Classic for Business
Best business card for no preset spending limit Capital One Spark Cash Plus
Best business card for luxury benefits The Business Platinum Card® from American Express

There are many ways you can use a small business credit card to help your business’s bottom line. For instance, you can use it to turn everyday expenses into cash back, to offset a big purchase with a sign-up bonus, to manage employee expenses or even just to get into an airport lounge and relax during a business trip.

Before selecting a small business credit card, you need to figure out how a card will align with your expenses and what you are aiming to get out of the card. If there’s no one card that answers all of your needs, you may find it beneficial to have multiple cards. We’ve organized our recommendations by category — so here are our top picks based on our research of cards available through LendingTree, as well as top cards offered by major issuers.

Best For Overall

Ink Business Cash<sup>®</sup> Credit Card

Ink Business Cash® Credit Card

Apply Now
on Chase's secure site
Intro Purchase APR 0% Intro APR on Purchases for 12 months
Annual Fee $0
Regular Purchase APR 13.49% - 19.49% Variable

If your business spends a lot at office supply stores, the Ink Business Cash® Credit Card provides an extremely generous cash back rate. Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.

You can redeem rewards for cash back, travel, gift cards and more.

In addition to the rewards rate, there is a sign-up bonus: Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.

Plus, if you need time to pay off a large purchase, the Ink Business Cash® Credit Card offers a 0% Intro APR on Purchases for 12 months, after which an APR of 13.49% - 19.49% variable will apply.

The annual fee for the Ink Business Cash® Credit Card is $0.

The Ink Business Cash® Credit Card is our top overall pick for best business credit card. It charges a $0 annual fee, earns rewards on common business spending categories and provides a 0% intro APR and sign-up bonus that can help with financing a big-ticket item. Plus, it offers solid benefits.

  • Free employee cards
  • Auto rental collision damage waiver (primary when renting for business purposes)
  • Travel and emergency assistance services
  • Extended warranty protection
  • Purchase protection

If your business spends a lot at office supply stores, the Ink Business Cash® Credit Card provides an extremely generous cash back rate. Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.

You can redeem rewards for cash back, travel, gift cards and more.

In addition to the rewards rate, there is a sign-up bonus: Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.

Plus, if you need time to pay off a large purchase, the Ink Business Cash® Credit Card offers a 0% Intro APR on Purchases for 12 months, after which an APR of 13.49% - 19.49% variable will apply.

The annual fee for the Ink Business Cash® Credit Card is $0.

The Ink Business Cash® Credit Card is our top overall pick for best business credit card. It charges a $0 annual fee, earns rewards on common business spending categories and provides a 0% intro APR and sign-up bonus that can help with financing a big-ticket item. Plus, it offers solid benefits.

  • Free employee cards
  • Auto rental collision damage waiver (primary when renting for business purposes)
  • Travel and emergency assistance services
  • Extended warranty protection
  • Purchase protection

Best For Business travel rewards

Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

Apply Now
on Chase's secure site
Intro Purchase APR N/A
Annual Fee $95
Regular Purchase APR 16.24% - 21.24% Variable

The Ink Business Preferred℠ Credit Card comes with a very lucrative sign-up bonus — especially when redeemed for travel through the Chase Ultimate Rewards® portal. Cardholders earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

Points can be redeemed for cash, gift cards, travel or merchandise. When redeeming them for airfare, hotel stays, car rentals, activities or cruises through the Chase Ultimate Rewards® portal, you’ll get 25% more value per point. You can also transfer points at a 1:1 value to a variety of airline and hotel partners.

The ongoing rewards program is generous as well: Cardholders earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

As befits one of the top business travel cards on the market, the foreign transaction fee is $0.

There is an annual fee of $95. Also, be aware that the card doesn’t come with an intro APR, so you start out immediately at the regular 16.24% - 21.24% variable APR.

If you’re a small business owner looking to earn a huge influx of rewards on company expenses that can be redeemed for travel and more, you should look at the Ink Business Preferred℠ Credit Card and its valuable sign-up bonus. It’s true the card charges a $95 annual fee, but if you earn the sign-up bonus, you more than offset the amount of the annual fee in year one. The card also offers strong ongoing value thanks to the ability to transfer points 1:1 to travel partners, as well as numerous benefits.

  • Cellphone protection
  • Trip cancellation and trip interruption insurance
  • Auto rental collision damage waiver (primary when renting for business purposes)
  • Roadside dispatch
  • Purchase protection
  • Extended warranty protection
  • Employee cards at no additional cost

The Ink Business Preferred℠ Credit Card comes with a very lucrative sign-up bonus — especially when redeemed for travel through the Chase Ultimate Rewards® portal. Cardholders earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

Points can be redeemed for cash, gift cards, travel or merchandise. When redeeming them for airfare, hotel stays, car rentals, activities or cruises through the Chase Ultimate Rewards® portal, you’ll get 25% more value per point. You can also transfer points at a 1:1 value to a variety of airline and hotel partners.

The ongoing rewards program is generous as well: Cardholders earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

As befits one of the top business travel cards on the market, the foreign transaction fee is $0.

There is an annual fee of $95. Also, be aware that the card doesn’t come with an intro APR, so you start out immediately at the regular 16.24% - 21.24% variable APR.

If you’re a small business owner looking to earn a huge influx of rewards on company expenses that can be redeemed for travel and more, you should look at the Ink Business Preferred℠ Credit Card and its valuable sign-up bonus. It’s true the card charges a $95 annual fee, but if you earn the sign-up bonus, you more than offset the amount of the annual fee in year one. The card also offers strong ongoing value thanks to the ability to transfer points 1:1 to travel partners, as well as numerous benefits.

  • Cellphone protection
  • Trip cancellation and trip interruption insurance
  • Auto rental collision damage waiver (primary when renting for business purposes)
  • Roadside dispatch
  • Purchase protection
  • Extended warranty protection
  • Employee cards at no additional cost

Best For Flat-rate cash back

Capital One Spark Cash Select - 0% Intro APR for 12 Months

Capital One Spark Cash Select - 0% Intro APR for 12 Months

Apply Now
on Capital One's secure site
Intro Purchase APR 0% on purchases for 12 months
Annual Fee $0
Regular Purchase APR 16.24% - 24.24% (Variable)

Earn a flat rate of 1.5% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel with this card. Plus, there’s an intro APR of 0% on purchases for 12 months. After, a 16.24% - 24.24% (variable) APR applies.

The card’s annual fee is $0, and if you’re traveling abroad, don’t worry about a foreign transaction fee; the Capital One Spark Cash Select - 0% Intro APR for 12 Months charges none.

Whereas many business cards require good to excellent credit, the Capital One Spark Cash Select - 0% Intro APR for 12 Months is accessible if your credit is in the merely Good range of 670 to 739. Plus, it earns flat-rate cash back at a competitive rate on every purchase and charges a $0 annual fee. It’s true there’s no sign-up bonus, but you can finance a big-ticket purchase thanks to the intro APR period.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card

Earn a flat rate of 1.5% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel with this card. Plus, there’s an intro APR of 0% on purchases for 12 months. After, a 16.24% - 24.24% (variable) APR applies.

The card’s annual fee is $0, and if you’re traveling abroad, don’t worry about a foreign transaction fee; the Capital One Spark Cash Select - 0% Intro APR for 12 Months charges none.

Whereas many business cards require good to excellent credit, the Capital One Spark Cash Select - 0% Intro APR for 12 Months is accessible if your credit is in the merely Good range of 670 to 739. Plus, it earns flat-rate cash back at a competitive rate on every purchase and charges a $0 annual fee. It’s true there’s no sign-up bonus, but you can finance a big-ticket purchase thanks to the intro APR period.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card

Best For Financing a big purchase

U.S. Bank Business Triple Cash Rewards World Elite Mastercard<sup>®</sup>

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

Apply Now
on U.S. Bank's secure site
Intro Purchase APR 0% Intro APR for 15 billing cycles on purchases
Annual Fee $0
Regular Purchase APR 14.74% - 23.74% (Variable)

The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® comes with a generous sign-up bonus and a lengthy 0% intro APR period on purchases.

Cardholders can earn a 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. And there’s a 0% Intro APR for 15 billing cycles on purchases, after which a 14.74% - 23.74% (variable) APR applies.

If you need to transfer a balance from another card, there’s also a 0% Intro on balance transfers for 15 billing cycles. After, a 14.74% - 23.74% (variable) APR applies. The balance transfer fee is either 3% of the amount of each transfer or $5 minimum, whichever is greater.

For ongoing rewards: 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. Plus, you can earn 5% cash back on prepaid hotels and car rentals when you book directly in the Travel Rewards Center. The card’s annual fee is $0 and the foreign transaction fee is 3%.

When you need to finance a big-ticket item, you want two things — a 0% intro APR on new purchases so you can avoid interest charges as you make payments, and a sign-up bonus that can help offset the cost of what you spent. The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® has both.

Plus, thanks to a generous rewards program that earns cash back on common business spending categories, this card offers ongoing value even after you pay off your initial purchase.

  • Free employee cards
  • $100 statement credit available annually for eligible software purchases
  • Use your card with Apple Pay, Google Pay or Samsung Pay
  • Manage expenses with Visa Spend Clarity

The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® comes with a generous sign-up bonus and a lengthy 0% intro APR period on purchases.

Cardholders can earn a 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. And there’s a 0% Intro APR for 15 billing cycles on purchases, after which a 14.74% - 23.74% (variable) APR applies.

If you need to transfer a balance from another card, there’s also a 0% Intro on balance transfers for 15 billing cycles. After, a 14.74% - 23.74% (variable) APR applies. The balance transfer fee is either 3% of the amount of each transfer or $5 minimum, whichever is greater.

For ongoing rewards: 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. Plus, you can earn 5% cash back on prepaid hotels and car rentals when you book directly in the Travel Rewards Center. The card’s annual fee is $0 and the foreign transaction fee is 3%.

When you need to finance a big-ticket item, you want two things — a 0% intro APR on new purchases so you can avoid interest charges as you make payments, and a sign-up bonus that can help offset the cost of what you spent. The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® has both.

Plus, thanks to a generous rewards program that earns cash back on common business spending categories, this card offers ongoing value even after you pay off your initial purchase.

  • Free employee cards
  • $100 statement credit available annually for eligible software purchases
  • Use your card with Apple Pay, Google Pay or Samsung Pay
  • Manage expenses with Visa Spend Clarity

Best For Balance transfers

U.S. Bank Business Platinum Card

U.S. Bank Business Platinum Card

Apply Now
on U.S. Bank's secure site
Intro Purchase APR 0% intro APR on purchases for 20 billing cycles
Annual Fee $0
Regular Purchase APR 12.74% - 21.74% (Variable)

While the U.S. Bank Business Platinum Card doesn’t come with rewards or a sign-up bonus, it does have long 0% intro APR offers on balance transfers and purchases.

Business owners who get the U.S. Bank Business Platinum Card will enjoy an exceptional 0% intro APR on balance transfers for 20 billing cycles. After, a 12.74% - 21.74% (Variable) APR applies. The balance transfer fee is Either 3% of the amount of each transfer or $5 minimum, whichever is greater.

There’s also a 0% intro APR on purchases for 20 billing cycles, providing plenty of time to pay off a big purchase. After, a 12.74% - 21.74% (variable) APR applies.

The annual fee is $0 and the foreign transaction fee is 3% on each foreign transaction.

When it comes to business credit cards, there aren’t as many 0% intro APR offers on balance transfers as there are with consumer cards. The U.S. Bank Business Platinum Card is an exception, and comes with an intro APR period close to two years long. If you need breathing room to pay off debt you’re currently carrying on another business card, this card merits your consideration.

And, thanks to a lengthy intro APR on new purchases, it’s also a solid choice for business owners looking to finance a big-ticket item (though it doesn’t offer a sign-up bonus to offset the cost).

  • Free employee cards with spending controls
  • Manage expenses with Visa Spend Clarity
  • Use your card with Apple Pay, Google Pay or Samsung Pay

While the U.S. Bank Business Platinum Card doesn’t come with rewards or a sign-up bonus, it does have long 0% intro APR offers on balance transfers and purchases.

Business owners who get the U.S. Bank Business Platinum Card will enjoy an exceptional 0% intro APR on balance transfers for 20 billing cycles. After, a 12.74% - 21.74% (Variable) APR applies. The balance transfer fee is Either 3% of the amount of each transfer or $5 minimum, whichever is greater.

There’s also a 0% intro APR on purchases for 20 billing cycles, providing plenty of time to pay off a big purchase. After, a 12.74% - 21.74% (variable) APR applies.

The annual fee is $0 and the foreign transaction fee is 3% on each foreign transaction.

When it comes to business credit cards, there aren’t as many 0% intro APR offers on balance transfers as there are with consumer cards. The U.S. Bank Business Platinum Card is an exception, and comes with an intro APR period close to two years long. If you need breathing room to pay off debt you’re currently carrying on another business card, this card merits your consideration.

And, thanks to a lengthy intro APR on new purchases, it’s also a solid choice for business owners looking to finance a big-ticket item (though it doesn’t offer a sign-up bonus to offset the cost).

  • Free employee cards with spending controls
  • Manage expenses with Visa Spend Clarity
  • Use your card with Apple Pay, Google Pay or Samsung Pay

Best For Low ongoing APR

PNC Visa® Business Credit Card

Highlights
  • 0% intro APR on balance transfers for 13 months, after which a 9.99% – 19.99% variable APR applies
  • Set spending limits on employee cards
  • No annual fee

The PNC Visa® Business Credit Card also has a long intro APR on balance transfers as well as a low ongoing APR.

Cardholders get a 0% APR for 13 billing cycles on balances transferred within the first 90 days following account opening, after which a 10.24%-20.24% variable APR applies. The balance transfer fee is either $5 or 3% of the amount of each balance transfer, whichever is greater.

There’s no intro APR on purchases; the regular purchase APR is 10.24%-20.24% variable.

This card doesn’t earn rewards or a sign-up bonus. But if you’re looking for a low interest rate, this card offers the chance to get a lower one than you’d find on many competing business cards.

When you need more than a year to pay off a balance transferred from another card, the PNC Visa® Business Credit Card is a solid choice. Plus, the regular interest rate is quite low, particularly if your APR is set at the lower end of the 10.24%-20.24% variable range. If you encounter an emergency and have to roll a balance over month to month, a low interest card can help you incur a smaller amount of interest.

  • Free employee cards with individual spending limits
  • Download transactions for Excel®, Quicken® or QuickBooks® or as .csv files

The PNC Visa® Business Credit Card also has a long intro APR on balance transfers as well as a low ongoing APR.

Cardholders get a 0% APR for 13 billing cycles on balances transferred within the first 90 days following account opening, after which a 10.24%-20.24% variable APR applies. The balance transfer fee is either $5 or 3% of the amount of each balance transfer, whichever is greater.

There’s no intro APR on purchases; the regular purchase APR is 10.24%-20.24% variable.

This card doesn’t earn rewards or a sign-up bonus. But if you’re looking for a low interest rate, this card offers the chance to get a lower one than you’d find on many competing business cards.

When you need more than a year to pay off a balance transferred from another card, the PNC Visa® Business Credit Card is a solid choice. Plus, the regular interest rate is quite low, particularly if your APR is set at the lower end of the 10.24%-20.24% variable range. If you encounter an emergency and have to roll a balance over month to month, a low interest card can help you incur a smaller amount of interest.

  • Free employee cards with individual spending limits
  • Download transactions for Excel®, Quicken® or QuickBooks® or as .csv files
The information related to the PNC Visa® Business Credit Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

Best For Business owners with limited credit history

Capital One® Spark® Classic for Business

Highlights
  • Earn unlimited 1% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • No annual fee
  • Build and strengthen credit for your business by using this credit card responsibly
  • $0 Fraud Liability if your card is lost or stolen
  • Free employee cards, which also earn unlimited 1% cash back on all purchases
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • No foreign transaction fees

The Capital One® Spark® Classic for Business earns 1% cash back on every purchase.

You’ll pay a $0 annual fee to carry the card and you don’t have to worry about a foreign transaction fee when business takes you abroad — this card charges none.

The APR is high at 26.99% (variable).

Many business credit cards require good to excellent credit in order to be approved. The Capital One® Spark® Classic for Business is accessible with just credit. If you’re a business owner worried your credit file is too slim to qualify for other business cards, the Capital One® Spark® Classic for Business might be what you need.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card

The Capital One® Spark® Classic for Business earns 1% cash back on every purchase.

You’ll pay a $0 annual fee to carry the card and you don’t have to worry about a foreign transaction fee when business takes you abroad — this card charges none.

The APR is high at 26.99% (variable).

Many business credit cards require good to excellent credit in order to be approved. The Capital One® Spark® Classic for Business is accessible with just credit. If you’re a business owner worried your credit file is too slim to qualify for other business cards, the Capital One® Spark® Classic for Business might be what you need.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card
The information related to the Capital One® Spark® Classic for Business has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

Best For No preset spending limit

Capital One Spark Cash Plus

Capital One Spark Cash Plus

Apply Now
on Capital One's secure site
Intro Purchase APR N/A
Annual Fee $150
Regular Purchase APR N/A

The Capital One Spark Cash Plus earns 2% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel.

Plus, there’s a sign-up bonus: Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening

In addition, you can earn a $200 cash bonus every year you spend $200,000 or more on this card.

Note that this is a charge card. That means you have no preset spending limit — rather, what you can spend on the card adapts based on factors such as your purchase and payment history. This can come in handy if you frequently need to make big purchases.

However, because this is a charge card, you have to pay in full every month and can’t carry a balance. If you don’t pay in full, there’s a 2.99% monthly late fee.

The Capital One Spark Cash Plus charges a $150 annual fee.

Because of the $150 annual fee, the Capital One Spark Cash Plus isn’t ideal for everyone. But it excels in situations where you need a card that will let you spend without a hard limit and you’re able to pay off your balance in full every month. Plus, thanks to its flat cash back rate, you earn the same amount on all purchases without having to think about various rewards categories.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card

The Capital One Spark Cash Plus earns 2% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel.

Plus, there’s a sign-up bonus: Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening

In addition, you can earn a $200 cash bonus every year you spend $200,000 or more on this card.

Note that this is a charge card. That means you have no preset spending limit — rather, what you can spend on the card adapts based on factors such as your purchase and payment history. This can come in handy if you frequently need to make big purchases.

However, because this is a charge card, you have to pay in full every month and can’t carry a balance. If you don’t pay in full, there’s a 2.99% monthly late fee.

The Capital One Spark Cash Plus charges a $150 annual fee.

Because of the $150 annual fee, the Capital One Spark Cash Plus isn’t ideal for everyone. But it excels in situations where you need a card that will let you spend without a hard limit and you’re able to pay off your balance in full every month. Plus, thanks to its flat cash back rate, you earn the same amount on all purchases without having to think about various rewards categories.

  • Free employee cards with customizable spending limits
  • Virtual card numbers for safer online payments
  • Purchase records you can download for Quicken®, QuickBooks® and Excel®
  • Year-end summaries with an itemized report of your spending
  • Roadside assistance
  • Extended warranty
  • Easily lock your card or an employee card

Best For Luxury business benefits

The Business Platinum Card<sup>®</sup> from American Express

The Business Platinum Card® from American Express

Apply Now
on American Express's secure site
Terms Apply
Intro Purchase APR N/A
Annual Fee $695
Regular Purchase APR 14.99% - 22.99% Variable

The Business Platinum Card® from American Express charges one of the highest annual fees around at $695, but comes with a long list of luxury benefits to match. For example:

  • Access to the American Express Global Lounge Collection®, including more than 1,400 airport lounges.
  • An annual airline fee statement credit of up to $200 (enrollment required).
  • An annual statement credit of up to $400 for U.S. purchases with Dell once enrolled.
  • Up to $189 back per year on your CLEAR® membership.
  • Up to $360 in credits per year for spending with Indeed (enrollment required).
  • Up to $150 in credits annually for spending with Adobe (enrollment required).
  • Up to $120 in credits each year for wireless telephone purchases (enrollment required).

Plus, get a credit to reimburse either Global Entry (up to $100 available every four years) or TSA Precheck (up to $85 available every four-and-a-half years) when you pay for the application with this card.

There’s also a valuable welcome offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

The Business Platinum Card® from American Express also earns ongoing rewards: 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com. Get 50% more Membership Rewards® points. That's an extra half point per dollar, on each eligible purchase of $5,000 or more.

Don’t worry about a foreign transaction fee; you’ll be charged none.

To see rates and fees for the Business Platinum Card® from American Express please click here.

Quite simply, the Business Platinum Card® from American Express is aimed at business owners who travel frequently and want top-of-the-line benefits. Plus, you’re not tied to any one airline, so you have more flexibility than you would with an airline-specific business card. However, with a steep $695 annual fee, this card probably won’t make sense for the occasional traveler.

  • Business Platinum Concierge
  • Business Platinum travel service
  • Marriott Bonvoy™ Gold Elite status and Hilton Honors Gold status (enrollment required)
  • Baggage insurance
  • Trip delay insurance
  • Trip cancellation and interruption insurance
  • Premium car rental privileges
  • Car rental loss and damage insurance
  • Premium Private Jet Program
  • Benefits when staying at a property in The Hotel Collection
  • Global Dining Access by Resy
  • Cellphone protection
  • Preferred Seating
  • Amex Offers (enrollment required)
  • *Terms apply

The Business Platinum Card® from American Express charges one of the highest annual fees around at $695, but comes with a long list of luxury benefits to match. For example:

  • Access to the American Express Global Lounge Collection®, including more than 1,400 airport lounges.
  • An annual airline fee statement credit of up to $200 (enrollment required).
  • An annual statement credit of up to $400 for U.S. purchases with Dell once enrolled.
  • Up to $189 back per year on your CLEAR® membership.
  • Up to $360 in credits per year for spending with Indeed (enrollment required).
  • Up to $150 in credits annually for spending with Adobe (enrollment required).
  • Up to $120 in credits each year for wireless telephone purchases (enrollment required).

Plus, get a credit to reimburse either Global Entry (up to $100 available every four years) or TSA Precheck (up to $85 available every four-and-a-half years) when you pay for the application with this card.

There’s also a valuable welcome offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

The Business Platinum Card® from American Express also earns ongoing rewards: 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com. Get 50% more Membership Rewards® points. That's an extra half point per dollar, on each eligible purchase of $5,000 or more.

Don’t worry about a foreign transaction fee; you’ll be charged none.

To see rates and fees for the Business Platinum Card® from American Express please click here.

Quite simply, the Business Platinum Card® from American Express is aimed at business owners who travel frequently and want top-of-the-line benefits. Plus, you’re not tied to any one airline, so you have more flexibility than you would with an airline-specific business card. However, with a steep $695 annual fee, this card probably won’t make sense for the occasional traveler.

  • Business Platinum Concierge
  • Business Platinum travel service
  • Marriott Bonvoy™ Gold Elite status and Hilton Honors Gold status (enrollment required)
  • Baggage insurance
  • Trip delay insurance
  • Trip cancellation and interruption insurance
  • Premium car rental privileges
  • Car rental loss and damage insurance
  • Premium Private Jet Program
  • Benefits when staying at a property in The Hotel Collection
  • Global Dining Access by Resy
  • Cellphone protection
  • Preferred Seating
  • Amex Offers (enrollment required)
  • *Terms apply

Side-by-side comparison of the best business credit cards

Credit cardBest forAnnual fee
Ink Business Cash® Credit CardOverall$0
Ink Business Preferred℠ Credit CardTravel rewards$95
Capital One Spark Cash Select - 0% Intro APR for 12 MonthsFlat-rate cash back$0
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®Financing a big purchase$0
U.S. Bank Business Platinum CardBalance transfers$0
PNC Visa® Business Credit CardLow interest rate$0
Capital One® Spark® Classic for BusinessLimited credit history$0
Capital One Spark Cash PlusNo preset spending limit$150
The Business Platinum Card® from American ExpressLuxury benefits$695

To see rates and fees for the Business Platinum Card® from American Express please click here.

Why should I get a business credit card?

Getting a business credit card to manage your cash flow offers several advantages, such as:

  • Separating business and personal expenses
  • Tracking business spending (which can make filing taxes easier)
  • Managing employee spending with employee cards
  • Financing a big-ticket item with a 0% intro APR
  • Earning cash back or points on your purchases
  • Taking advantage of travel protections or other benefits

Even if your business just consists of you, and you don’t need to worry about employee spending, having a way to easily track your business expenses can make keeping your paperwork in order much easier.

How to choose the best small business credit card for your business

Consider the following questions when evaluating the best business card options:

  • Do you have employees? If so, you’ll want a business card that offers free employee cards.
  • What kind of rewards do you want? If you spend heavily in certain categories, such as office supplies, you may want to find a card that offers a higher rewards rate for such purchases. But if your spending fluctuates, a flat-rate card might be a better choice. Also consider whether you want to earn cash back, points or airline miles.
  • Are you looking for a sign-up bonus? If you know you’ve got a big purchase coming up, a sign-up bonus (some issuers may use the term welcome offer instead) can help offset the cost somewhat.
  • Do you need a 0% intro APR? If you need to finance a big-ticket item over time or move debt from another card via balance transfer, you’ll want a 0% intro APR period.
  • How much do you travel? If business requires you travel frequently, you might want a card with travel protections. And if that travel often takes you abroad, you’ll want a card with no foreign transaction fee.
  • Is an annual fee worth it? To get premium benefits, such as airport lounge access or credits for certain types of spending, you’ll likely need to spring for a business card that charges an annual fee. Such cards won’t be the best choice for everyone, but in certain situations, you can get a lot of value from the right card even with an annual fee attached. Depending on the rewards rate how much you spend on the card, you may also be able to recoup all or part of the amount of the annual fee through what you earn in rewards.

Can I get a business credit card with bad credit?

Your personal credit impacts your ability to get a business credit card, as most business cards require good to excellent credit. One option if you have a poor credit score is a secured business card, which will require you to submit a security deposit to the issuer. If you default on what you owe, the issuer can recoup the loss by confiscating the deposit — which is why secured cards are more accessible with bad credit than unsecured cards.

How to get the most out of your business credit card

By following the tips below, you can avoid hassle and maximize the value from your business card:

  • Always pay your card off in full to avoid incurring interest
  • Know how much you have to spend per month to earn the sign-up bonus
  • Be aware of exactly when your 0% intro APR period will end
  • Set spending limits on any employee cards you issue

Frequently asked questions about business credit cards

Business credit cards may come with larger credit limits than consumer cards, which is helpful for businesses with big expenditures. However, be aware that while consumer cards have certain protections under the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act), business cards do not. This means, for instance, that the APR on your business card can be increased much more suddenly than on a consumer card.

As long as you have some form of legitimate business operation, whether established or newly launched, you can likely apply for a business credit card. For example, even if you don’t have your business structured as a limited liability company (LLC), corporation or other setup, you can likely apply for a business card as a sole proprietor.

And, if you don’t have an Employer Identification Number (EIN), don’t fret. When applying for a business card as a sole proprietor, your Social Security number (SSN) should be enough. However, if you do have an EIN, you’ll likely have the opportunity to enter it during the application.

It’s even OK if you don’t yet have business revenue, as long as you have a reasonable expectation of future earnings. You may be allowed to provide an estimate on your application. Just be realistic and don’t put an inflated number.

Many issuers won’t report business card activity to the consumer credit bureaus as long as your account is in good standing, meaning it won’t impact your personal credit history. However, that’s not always the case — Capital One and Discover, for example, can generally be expected to report your business card activity to the consumer bureaus. And if you pay late or don’t pay, any issuer can be expected to report you as delinquent, hurting your personal credit.

Corporate cards are geared at larger operations than small business cards. And while business cards typically require a personal guarantee (meaning you are ultimately responsible for what’s charged to the card), corporate cards do not.

Methodology

In selecting the best business credit cards, we evaluated factors such as rewards programs, welcome offers, 0% intro APRs, travel protections and valuable credits.

Some of the cards on this list charge no annual fee, while others charge expensive annual fees in exchange for premium benefits. Which one is best for you will depend on factors including what you spend on, whether you want to earn cash back or points, how often you travel and whether or not you need a 0% intro APR to make carrying a balance for some time more affordable.

Finally, other useful benefits, such as free employee cards, rental car protection and purchase protection, were weighed favorably if offered.

Glen Luke Flanagan

  • Expertise: Personal finance, credit scoring, credit cards
  • Education: Radford University, East Carolina University

 


 

Glen Luke Flanagan is a senior credit card writer for LendingTree. He joined the team in June 2019, and covers topics including new credit cards, how your credit score works and what you need to know about credit card interest.
 
Before joining LendingTree, Glen worked in journalism and government communications. As a journalist at newspapers in North Carolina and South Carolina, his reporting won awards from the North Carolina Press Association and the South Carolina Press Association, respectively.
 
Glen earned his bachelor’s degree in media studies with a concentration in journalism from Radford University, graduating summa cum laude in May 2014. He also earned a master’s degree in English with a concentration in technical and professional communication, as well as a graduate certificate in marketing, from East Carolina University in May 2022.

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The above offers and/or promotions may have since changed, expired, or is no longer available. Check the Issuers’ website for more details.