7 Best Business Credit Cards for New Businesses (Feb. 2024)

Selecting the best business credit cards for new businesses is just one of many tasks associated with launching a new venture.

For every new business owner, certain moments really make you stop and think, “Wow! I made a business.” And more than simply magic moments, these events are also important milestones reached by a budding business.

Perhaps surprising, however, is that many of these moments are just that — momentary. These are fleeting things like opening the first piece of mail at your brand new location, handing out your first business card with its painstakingly created logo, and seeing your company name embossed in all its glory on the front of your first business credit card.

But those moments don’t just happen. It can be difficult to choose the right location, logo, and business name for your new business. Thankfully, choosing the right business credit card can be made easy with a little research.

No Annual Fee | Cash Back | Office Rewards | Fair/Limited Credit

If there’s one thing new businesses are often short on, it’s capital. So why waste funds on a credit card annual fee when you have other options? With good credit, you can find a range of quality business credit cards that not only charge no annual fee, but also offer purchase rewards to help you save even more on your bottom line.

1. Ink Business Unlimited® Credit Card

at Chase'ssecure website

BUSINESS CARD RATING

★★★★★

4.7

OVERALL RATING

4.6/5.0

Our Review »

• Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
• Earn unlimited 1.5% cash back on every purchase made for your business
• No Annual Fee
• Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
• Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
• Round-the-clock monitoring for unusual credit card purchases

• See application, terms and details.

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases 12 months	N/A 12 months	18.49% - 24.49% Variable	$0	Good/Excellent

The Ink Business Unlimited® Credit Card offers flat-rate cash back and no annual fee, making it an easy card to earn and redeem rewards. It also comes with a 0% intro offer that can help you finance the never-ending costs of your company’s needs.

2. Ink Business Cash® Credit Card

at Chase'ssecure website

BUSINESS CARD RATING

★★★★★

4.6

OVERALL RATING

4.6/5.0

Our Review »

• Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
• 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 purchases
• 10% Business Relationship Bonus If you have the Ink Business Cash card plus a Chase Business Checking account on your first card anniversary
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• No Annual Fee

• See application, terms and details.

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases 12 months	N/A	18.49% - 24.49% Variable	$0	Good/Excellent

The Ink Business Cash® Credit Card offers great rewards for common business expenses, as well as additional rewards in other useful categories and unlimited rewards on all other purchases. With no annual fee and an introductory 0% APR offer, few things will stand in the way of you and the cash back rewards you earn with your Ink Business Cash card.

3. Capital One Spark Cash Select for Good Credit

BUSINESS CARD RATING

★★★★★

4.7

OVERALL RATING

4.7/5.0

Our Review »

• 0% Intro APR for the first 12 months; 21.24% - 29.24% variable APR after that
• Earn unlimited 1.5% cash back for your business on every purchase, everywhere — with no limits or category restrictions
• No annual fee
• Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
• Rewards won't expire for the life of the account
• Redeem your cash back rewards for any amount

• See application, terms and details.

See Rates & Fees

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% for 12 months	N/A	21.24% - 29.24% (Variable)	$0	Good

Not only can you earn unlimited cash back rewards with the Capital One Spark Cash Select for Good Credit, but the introductory 0% APR offer makes one less thing to worry about while you grow.

Few business owners are likely to turn down extra cash, especially those with a new business to build. Cash back credit card rewards provide a simple way to take the edge off your purchases with flat-rate rewards that can be redeemed for a credit card statement credit. Choose between higher-rate unlimited cash back or bonus cash back in popular categories to maximize your rewards.

4. Capital One Spark Cash Select for Excellent Credit

BUSINESS CARD RATING

★★★★★

4.7

OVERALL RATING

4.7/5.0

Our Review »

• Earn a $750 bonus when you spend $6,000 in the first 3 months of account opening
• Earn unlimited 1.5% cash back for your business on every purchase, everywhere — with no limits or category restrictions
• No annual fee
• Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
• Rewards won't expire for the life of the account
• Redeem your cash back rewards for any amount

• See application, terms and details.

See Rates & Fees

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
N/A	N/A	18.49% - 24.49% (Variable)	$0	Excellent

The Capital One Spark Cash Select for Excellent Credit is a solid cash back card with no-russ rewards, earning an unlimited flat-rate percentage on every purchase with no spending caps. You may also qualify for a large cash bonus if you spend the required amount within the first three months from account opening.

5. Ink Business Unlimited® Credit Card

at Chase'ssecure website

BUSINESS CARD RATING

★★★★★

4.7

OVERALL RATING

4.6/5.0

Our Review »

• Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
• Earn unlimited 1.5% cash back on every purchase made for your business
• No Annual Fee
• Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
• Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
• Round-the-clock monitoring for unusual credit card purchases

• See application, terms and details.

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases 12 months	N/A 12 months	18.49% - 24.49% Variable	$0	Good/Excellent

If you want unlimited cash back rewards on your business purchases, but don’t want to deal with an annual fee, the Ink Business Unlimited® Credit Card could be a great option. On top of its cash back rewards, this card comes with a huge signup bonus, as well as an intro-APR deal on new purchases.

6. Blue Business Cash™ Card

at the issuer'ssecure website

BUSINESS CARD RATING

★★★★★

4.6

OVERALL RATING

4.7/5.0

• Earn a $250 statement credit after you spend $5,000 in qualifying purchases on your card within the first 6 months of Card Membership.
• Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
• Buy above your credit limit with Expanded Buying Power. Make business purchases over your credit limit with no penalty or enrollments, and still earn cash back on those purchases. Terms apply.
• 0% introductory APR on purchases for 12 months from the date of account opening, then a variable APR applies
• Get an approval decision in as little as 30 seconds
• $0 Annual Fee

• See application, terms and details.

See Rates & Fees

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% for 12 months	N/A	17.74% - 25.74% Variable	$0	Good/Excellent

You can earn a market-leading cash back rewards rate with the Blue Business Cash™ Card, but remember that no matter how high the earnings rate on your cash back card, remember that it will likely be much lower than the interest rate you’re charged (unless you have an active intro-APR offer). This means interest fees can easily eat into your rewards — and then some — if you carry a balance on your card from month to month.

Although the digital age has made it increasingly easier to run a business without an office, many new businesses still require a physical presence — which will, inevitably, mean office supplies. From computers and USB sticks to good-old-fashioned paper and pens, most new businesses will get to know their local office supply store fairly well. With a good business credit card, you can save on all those purchases, earning bonus rewards for every swipe.

7. Ink Business Cash® Credit Card

at Chase'ssecure website

BUSINESS CARD RATING

★★★★★

4.6

OVERALL RATING

4.6/5.0

Our Review »

• Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
• 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 purchases
• 10% Business Relationship Bonus If you have the Ink Business Cash card plus a Chase Business Checking account on your first card anniversary
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• No Annual Fee

• See application, terms and details.

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
0% Intro APR on Purchases 12 months	N/A	18.49% - 24.49% Variable	$0	Good/Excellent

Getting your new business stocked up on office supplies can be a little more affordable with the Ink Business Cash® Credit Card. You’ll earn elevated cash back on up to $25,000 in combined office supply, internet, cable, and phone service purchases each year. Plus, enjoy a solid signup bonus, an intro-APR offer, and no annual fee.

8. Business Advantage Customized Cash Rewards credit card

This card is currently not available.

Business Rating

★★★★★

N/A

OVERALL RATING

N/A

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
N/A	N/A	N/A	N/A	N/A

Additional Disclosure: The information related to Business Advantage Customized Cash Rewards credit card has been collected by CardRates.com and has not been reviewed or provided by the issuer or provider of this product or service.

The Business Advantage Customized Cash Rewards credit card lets you choose which category you earn the most cash back in each month, with office supply stores being one of the available options. Plus, you’ll earn even more cash back if you’re a Preferred Rewards for Business Platinum Honors tier member — all with no annual fee.

9. United℠ Business Card

at Chase'ssecure website

BUSINESS CARD RATING

★★★★★

4.4

OVERALL RATING

4.4/5.0

Our Review »

• Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open.
• $0 introductory annual fee for the first year, then $99.
• Receive a 5,000-mile "better together" bonus each anniversary when you have both the United℠ Business Card and a personal Chase United® credit card.
• Earn 2 miles per $1 spent on United® purchases, dining including eligible delivery services, at gas stations, office supply stores, and on local transit and commuting.
• Earn 1 mile per $1 spent on all other purchases. Plus, employee cards at no additional cost - miles earned from their purchases accrue in your account so you can earn rewards faster.
• Enjoy a free first checked bag - a savings of up to $140 per roundtrip (terms apply), 2 United Club℠ one-time passes per year, and priority boarding privileges.

• See application, terms and details.

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
N/A	N/A	21.99% - 28.99% Variable	$99	Good/Excellent

The United℠ Business Card is ideal for the buisness traveler. But when using your business card to purchase printer ink and sticky notes, be sure to think a little outside the pencil box; many modern office supply stores sell far more than the office basics. You may also be able to earn bonus rewards on things like cleaning supplies, packing materials, and printing needs at your local office supply store.

While many of the things you need to establish your new business can be accomplished in a relatively short time — you can complete the legal steps to start your company in about a week — actually building your business into a success takes time. The same is true for building your business’s credit; it can take months to build enough credit to qualify for a business credit score, let alone reach the upper echelon.

While a strong personal credit score can help you qualify for a business credit card before your company’s credit is established, business cards for fair-credit companies are available from some major banks. You can find secured business cards to help you get started.

10. Capital One Quicksilver Secured Cash Rewards Credit Card

SECURED RATING

★★★★★

4.7

OVERALL RATING

4.0/5.0

Our Review »

• No annual or hidden fees, and you can earn unlimited 1.5% cash back on every purchase, every day. See if you're approved in seconds
• Put down a refundable $200 security deposit to get a $200 initial credit line
• Building your credit? Using a card like this responsibly could help
• Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
• You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
• Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed

• See application, terms and details.

See Rates & Fees

Intro (Purchases)	Intro (Transfers)	Regular APR	Annual Fee	Credit Needed
N/A	N/A	29.99% (Variable)	$0	Limited, Bad

You can use this card to help build your credit and then discuss pontentially moving to one of Capital One’s business cards in the future. As with consumer credit, the key to building a solid business credit profile is to ensure you pay all of your debts on time and as agreed upon.

11. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card is a secured business credit card that requires a deposit to open. Your credit line will be equal to the amount of your deposit.

• Earn 1.5% cash back on every purchase made with your card, redeemable as a statement credit or check
• Access credit lines from $500 to $25,000
• Receive up to 10 employee cards

Wells Fargo will periodically review your account to see if your growing business credit profile qualifies for an unsecured business credit card. If so, you’ll be automatically upgraded and your deposit refunded.

(The information related to Wells Fargo Business Secured Credit Card has been collected by CardRates.com and has not been reviewed or provided by the issuer or provider of this product or service.)

Building a business is often an exercise in hard work and decision-making, requiring a strong focus and dedication to your vision from the very start. Even the most foundational decisions, such as choosing a name and a logo, can be a challenge if your goals aren’t clear.

Similarly, choosing the right business credit card to start building your business’s credit can be difficult if you don’t know what you really need out of that card. Once you’ve laid out your requirements, however, that decision often becomes significantly easier.