18 Best Credit Cards for Nonprofits

18 Best Credit Cards for Nonprofits

credit card advice

Ashley Dull
By: Ashley Dull
Posted: May 24, 2018
Opinions expressed here are ours alone, and are not provided, endorsed, or approved by any issuer. Site may be compensated through the issuer affiliate programs.

Although many people don’t think of their favorite charity or help group as a business, nonprofits are, in fact, considered to be businesses in the eyes of the law (albeit often tax-exempt ones).

With that in mind, the best credit cards for most nonprofits are likely to be business credit cards. For one thing, they can help your nonprofit establish and build business credit.

Another, perhaps more compelling reason is that many business credit cards provide purchase rewards and secondary card benefits that are designed with companies and organizations in mind, things like office supply rewards and free employee cards.

Cash Back | Points | No Annual Fee | Fair Credit

Best “Cash Back” Credit Cards for Nonprofits

Every extra hour spent trying to wrangle the most value out of your credit card rewards is an hour not spent helping your organization’s cause.

Cash back rewards are generally the simplest type of rewards to earn and redeem, offering a set redemption value and easy redemption process without the need to calculate values or transfer points and miles.

Plus, you can still make the most of your rewards by choosing cash back cards with bonus categories that fit your nonprofit’s needs.

  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Named "Best Rewards Card for Small Business Owners" by Kiplinger's Personal Finance, July 2017
  • 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
  • 0% introductory APR for 12 months on purchases and balance transfers
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases for 12 months
0% Intro APR on Balance Transfers for 12 months
14.99% - 20.99% Variable
$0
Excellent Credit

The Ink Business Cash℠ Credit Card is a good option for nonprofits with smaller budgets, as it offers high bonus-category earnings rates but has a low spending cap of $25,000 per bonus tier.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $95 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.74% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

The Capital One® Spark® Cash for Business is a good choice for those who don’t want to bother with categories or nonprofits that don’t have a lot of spend in common categories. You’ll earn unlimited 2% cash back on every purchase, with no spending caps.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $200 cash bonus once you spend $3,000 on purchases within 3 months from account opening
  • Save on interest with 0% intro APR on purchases for 9 months; 14.74% - 22.74% variable APR after that
  • No annual fee
  • Use Spark Cash Select across all your business spend, with no categories to limit your purchasing
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.74% - 22.74% (Variable)
$0
Excellent, Good

The Capital One® Spark® Cash Select for Business is the less-expensive sibling of the Spark® Cash, offering a lower earnings rate but charging no annual fee. Spark® Cash Select applicants with good credit may also qualify for a lower regular APR than the Spark® Cash offers.

4. SimplyCash® Plus Business Credit Card

The SimplyCash® Plus Business Credit Card from American Express is a good choice for keeping your nonprofit’s office up to snuff, offering 5% cash back rewards for office supply and wireless service purchases, no annual fee, and a flexible credit limit.

SimplyCash® Plus Business Credit Card

  • Earn 5% cash back on purchases at US office supply stores and with wireless service providers
  • Earn 3% cash back on purchases in a category of your choice
  • Pay no annual fee

The SimplyCash® Plus card also provides 3% cash back in a bonus category or your choice, which means you can customize your rewards to match your nonprofit’s needs. Choices include US gas stations, restaurants, select advertising, shipping, or certain computer-related purchases.

5. U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard®

The U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard® offers cash back in categories that nearly any nonprofit can use, including gas and office supplies.

 U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard®

  • Earn 3% cash back on gas station, office supply, and wireless service purchases
  • Earn unlimited 1% cash back on all other purchases
  • Pay no annual fee

New Business Edge™ cardholders can also spend without interest fears with the introductory 0% APR offer, which provides nine months of interest-free purchasing.

Best “Points” Credit Cards for Nonprofits

Although time can often be at a premium for busy nonprofits, it can be worthwhile to spend a little of it learning to maximize credit card points if a good portion of your organization’s budget goes to travel expenses.

Not only do most credit card points provide the best value when redeemed for travel-related expenses like flights and hotel stays, but most points rewards credit cards offer bonus rewards for travel-related purchases.

BUSINESS CARD RATING

★★★★★
4.9

OVERALL RATING

4.8/5.0
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.74% - 22.74% Variable
$95
Excellent Credit

The Ultimate Rewards® cardholders earn with the Ink Business Preferred℠ Credit Card are some of the most popular travel rewards in the game thanks to the wide range of hotel and airline travel partners to which the points can be transferred.

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 2 miles per $1 on every purchase, every day
  • Plus, a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening
  • Miles won't expire for the life of the account, and there are no categories to limit where or what you buy
  • $0 intro annual fee for the first year; $95 after that
  • There's no limit to the amount of miles you can earn
  • Redeem miles for travel, cash back, gift cards and more
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.74% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

Even though most points and miles enthusiasts prefer to use bonus categories to maximize rewards, not every traveler wants to keep track of categories. The Capital One® Spark® Miles for Business offers rewards on every purchase that can be redeemed for a statement credit to cover any travel-related expenses.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 1.5 miles per $1 on every purchase, every day
  • Plus, a one-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months from account opening
  • Miles won't expire for the life of the account, and there are no categories to limit where or what you buy
  • Save on interest with 0% intro APR on purchases for 9 months; 14.74% - 22.74% variable APR after that
  • Pay no annual fee or foreign transaction fees
  • Get online Quarterly and Year-End Summaries
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.74% - 22.74% (Variable)
$0
Excellent, Good

If the Capital One® Spark® Miles card appeals to you but the idea of an annual fee is less appealing, then the Capital One® Spark® Miles Select for Business is a good option. You can earn and redeem the same flexible miles without paying an extra fee.

9. American Express Business Platinum Card®

The American Express Business Platinum Card® is a good card for nonprofits that frequently make large purchases, as it provides bonus points for purchases over $5,000.

Amex Business Platinum Card®

  • Earn 5X points per $1 spent on flights and hotels booked through amextravel.com
  • Earn 1.5X points per $1 on purchases $5,000 and up
  • Pay a $450 annual fee

The card can also be a good option for nonprofits that require frequent travel, as it gives significant bonus rewards for hotel and flights, as well as an annual airline credit and global lounge access.

10. American Express Business Gold Rewards

The American Express Business Gold Rewards card lets you choose your 3X points bonus category, with options that include airfare, advertising, gas, shipping, and computer services.

Amex Business Gold Rewards Card

  • Earn 3X points per $1 in a category of your choice and 2X points per $1 in remaining four categories
  • Earn 1X point per $1 on all other purchases
  • Pay no annual fee the first year, then $175

In addition to a lucrative signup bonus, new cardholders will also receive up to $1,500 in statement credit for three months of G Suite by Google Cloud in their first three months of card membership.

Best “No Annual Fee” Credit Cards for Nonprofits

By nature, nonprofit organizations are not in it for the money. Their focus is on turning funds into action for whichever cause to which they are dedicated. So it makes perfect sense that many nonprofits are focused on reducing financial waste.

While some credit cards can be worth the annual fee, there are enough great annual-fee-free cards on the market that your nonprofit can likely find a good fit without the fee.

BUSINESS CARD RATING

★★★★★
4.9

OVERALL RATING

4.6/5.0
  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Named "Best Rewards Card for Small Business Owners" by Kiplinger's Personal Finance, July 2017
  • 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
  • 0% introductory APR for 12 months on purchases and balance transfers
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases for 12 months
0% Intro APR on Balance Transfers for 12 months
14.99% - 20.99% Variable
$0
Excellent Credit

The Ink Business Cash℠ Credit Card‘s bonus categories are ideal for many organizations, offering significant cash back for office supply purchases, as well as communications services. Even better, the card comes with an intro-APR offer on both new purchases and balance transfers to help you avoid fees when income is sporadic.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $200 cash bonus once you spend $3,000 on purchases within 3 months from account opening
  • Save on interest with 0% intro APR on purchases for 9 months; 14.74% - 22.74% variable APR after that
  • No annual fee
  • Use Spark Cash Select across all your business spend, with no categories to limit your purchasing
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.74% - 22.74% (Variable)
$0
Excellent, Good

Not only does the Capital One® Spark® Cash Select for Business come without an annual fee, but it doesn’t skimp on the perks because of it; you can still earn unlimited cash back, earn a solid signup bonus, and enjoy an intro-APR offer good on new purchases.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 1.5 miles per $1 on every purchase, every day
  • Plus, a one-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months from account opening
  • Miles won't expire for the life of the account, and there are no categories to limit where or what you buy
  • Save on interest with 0% intro APR on purchases for 9 months; 14.74% - 22.74% variable APR after that
  • Pay no annual fee or foreign transaction fees
  • Get online Quarterly and Year-End Summaries
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.74% - 22.74% (Variable)
$0
Excellent, Good

Like its cash back sibling, the Capital One® Spark® Miles Select for Business combines unlimited rewards with an introductory interest rate offer for new purchases and a fairly easy-to-reach signup bonus.

14. Blue Business Plus Credit Card from American Express

The Blue Business Plus Credit Card from American Express is a good option for nonprofits with expenses that don’t fit regular bonus categories, offering 2X points per dollar on purchases regardless of category.

Blue Business Plus Credit Card from American Express

  • Earn 2X Membership Rewards® points per $1 on the first $50,000 in purchases each year
  • Earn unlimited 1X points per $1 thereafter
  • Pay no annual fee

While the Blue Business Plus card doesn’t have a points signup bonus, it does offer an introductory 0% APR deal and provides employee cards with no additional fees.

15. Business Advantage Cash Rewards Mastercard®

The Business Advantage Cash Rewards Mastercard® from Bank of America offers similar bonus categories to other business cards, offering 3% cash back on gas station and office supply purchases on up to $250,000 in combined category purchases each year.

Business Advantage Cash Rewards Mastercard®

  • Earn 3% cash back at gas stations and office supply stores and 2% at restaurants
  • Receive $200 cash back after spending $500 in the first 60 days
  • Pay no annual fee

The card’s signup bonus, which is likely easily attainable for nonprofits with even modest budgets, paired with the lack of an annual fee likely makes this a good card for smaller nonprofits.

Best “Fair Credit” Credit Cards for Nonprofits

For a fledgling nonprofit, establishing business credit can be a long and involved process, particularly if its owner’s credit isn’t stellar, either. But your nonprofit isn’t out of luck if your credit score leaves a little to be desired.

There are a handful of business credit card options that will accept applicants with fair credit, though most options will be for secured credit cards that require a deposit.

BUSINESS CARD RATING

★★★★★
4.5

OVERALL RATING

4.5/5.0
  • Enjoy no annual fee
  • Earn 1% cash back on every purchase, every day
  • Build business credit with responsible use
  • Fraud coverage if your card is ever lost or stolen
  • No foreign transaction fees
  • Enjoy business benefits including Year-End Summaries, employee cards at no extra cost and experienced small business customer service
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
24.74% (Variable)
$0
Average, Fair, Limited

Outside of the community banks and credit unions, the Capital One® Spark® Classic for Business is the only business credit card designed for those with fair credit. Even so, the card still offers unlimited cash back rewards and charges no annual fee.

17. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card requires a deposit to secure your credit line, but it can be a good way to establish and start building that all-important business credit. You’ll even earn rewards as you do so, with 1.5% cash back on every purchase.

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

Available credit lines range from $500 to $25,000. The Wells Fargo Business Secured card has a small $25 annual fee, but you won’t pay any foreign transaction fees.

18. BBVA Secured Visa® Business Credit Card

The BBVA Secured Visa® Business Credit Card is also secured, so it will require a deposit to open. Cardholders earn 3X points in a category they select from the given options and 2X in a second selected category.

BBVA Secured Visa® Business Credit Card

  • Earn bonus points in categories you select, including office supplies, utilities, and travel
  • Earn 1X point per $1 on all other purchases
  • Pay no annual fee the first year, then $40

The minimum required deposit to open a BBVA Secured Visa® Business card is $500, and the size of your credit line will be equal to 90% of the size of your deposit.

Get the Financing Your Nonprofit Needs

Nonprofits play an important role in our society, often helping those who cannot help themselves. But for all that, they do not have the same goals as your average business, nonprofits are still, technically, businesses.

As such, nonprofits have many of the same financing needs of any business, including things like office supplies and travel. With the right business credit card, your nonprofit can save on these big expenses, making more room in the bottom line for the important things.