The Ultimate Guide to Credit Cards
Friday, September 30, 2022

Best Business Credit Cards for New Businesses

Best Business Credit Cards For New Businesses

credit card advice

Brittney Mayer

Written by: Brittney Mayer

Brittney Mayer

Brittney is a Credit Strategist and Finance Expert who has spent years honing her knowledge of the credit industry both personally and professionally. Brittney applies her more than a decade of research experience to crafting in-depth consumer guides designed to help CardRates readers make better, more informed financial decisions.

Edited by: Lillian Guevara-Castro

Lillian Guevara-Castro

Lillian brings more than 30 years of editing and journalism experience. She has written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times, and she previously served as an adjunct instructor at the University of Florida. Today, she edits all CardRates content for clarity, accuracy, and reader engagement.

See full bio »
Advertiser Disclosure

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

Best “No Annual Fee” Business Credit Cards

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.

  • Earn $750 bonus cash back after you spend $7,500 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.
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 12 months
N/A 12 months
15.49% - 21.49% 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.

BUSINESS CARD RATING

★★★★★
4.6

OVERALL RATING

  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from 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
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 12 months
N/A 12 months
15.49% - 21.49% 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.

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • 0% Intro APR for the first 12 months; 18.99% - 26.99% 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
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 months
N/A
18.99% - 26.99% (Variable)
$0
Good

Not only can you earn unlimited cash back rewards with the Capital One Spark Cash Select – 0% Intro APR for 12 Months, but the introductory 0% APR offer makes one less thing to worry about while you grow.

Best “Cash Back” Business Credit Cards

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.

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn a $500 bonus when you spend $4,500 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
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
16.24% - 22.24% (Variable)
$0
Excellent

The Capital One Spark Cash Select – $500 Cash Bonus 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.

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

  • Earn $750 bonus cash back after you spend $7,500 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.
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 12 months
N/A 12 months
15.49% - 21.49% 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.

Blue Business Cash™ Card Review

at the issuer'ssecure website

BUSINESS CARD RATING

★★★★★
4.6

OVERALL RATING

  • Earn a $250 statement credit after you spend $3,000 in qualifying purchases on your card within the first 3 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
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 months
N/A
14.74% - 22.74% 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.

Best “Office Rewards” Business Credit Cards

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.

BUSINESS CARD RATING

★★★★★
4.6

OVERALL RATING

  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from 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
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 12 months
N/A 12 months
15.49% - 21.49% 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.

BUSINESS CARD RATING

★★★★★
4.6

OVERALL RATING

  • Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening
  • Earn 3% cash back on your choice of one of the following six categories: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services, or business consulting services and 2% cash back on dining on the first $50,000 in combined choice category/dining purchases each year, 1% thereafter
  • Earn unlimited 1% cash back on all other purchases
  • Get 75% more cash back on every purchase when you're a Preferred Rewards for Business Platinum Honors tier member. That means you'll earn 5.25% on your selected choice category, 3.5% on dining, and unlimited 1.75% cash back on all other purchases.
  • 0% on purchases for 9 billing cycles from account opening, then a variable APR applies
  • $0 Annual Fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 billing cycles
N/A
13.74% to 23.74% Variable
$0
Good

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.

BUSINESS CARD RATING

★★★★
4.4

OVERALL RATING

  • Earn up to 150,000 bonus miles. Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. Plus, earn an additional 75,000 miles after you spend $20,000 total on purchases in the first 6 months your account is open.
  • Receive a 5,000-mile "better together" bonus each anniversary when you have both the UnitedSM 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 ClubSM one-time passes per year, and priority boarding privileges.
  • Get one-year complimentary DashPass, a membership for both DoorDash and Caviar that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders. After that, you are automatically enrolled in DashPass at the current monthly rate. Activate by 12/31/24.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.74% - 25.74% 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.

Best “Fair Credit” Business Credit Cards

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.

SECURED RATING

★★★★★
4.8

OVERALL RATING

4.0/5.0
  • 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
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
28.49% (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.

Wells Fargo Business Secured Credit Card

  • 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.)

Give Your New Business a Little Credit

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.

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.