Small business credit cards offer easy access to credit along with excellent rewards. The top offers come with significant signup bonuses and fraud protection. Here are the best business credit cards of 2024, categorized by their benefits and features:

Key Takeaways

• The Capital One Spark Cash Plus and the Ink Business Cash Credit Card offer prime signup bonuses for business owners.
• The American Express Blue Business Cash Card and the Ink Business Preferred Credit Card provide cash back rewards with additional benefits like fraud coverage and no foreign transaction fees.
• The Blue Business Plus Credit Card from American Express and the Ink Business Unlimited Credit Card are excellent options for businesses looking for cash back rewards and no annual fees.
• The Business Prime American Express Card offers 5% rewards on Amazon purchases and favorable financing terms for small business owners.
• The Capital One Venture X Business and Spark 2% Cash Plus Card are ideal for businesses with high spending and offer significant cash back rewards.

Top Business Credit Cards with Prime Signup Bonuses

Capital One Spark Cash Plus

The Capital One Spark Cash Plus card is a powerhouse for businesses with high spending, offering a substantial signup bonus. Upon meeting the initial spend of $20,000 within the first three months, cardholders earn a $1,500 bonus, with an additional $1,500 bonus after spending $100,000 in the first six months. This card is particularly appealing for its unlimited 2% cash back on all purchases, making it an excellent ‘everywhere else’ card for business expenses.

The Capital One Spark Cash Plus stands out with its generous cash rewards and the flexibility it offers for businesses to manage their cash flow effectively.

Despite its many benefits, potential cardholders should consider the $250 annual fee. However, the card does compensate with perks such as no foreign transaction fees and the ability to get employee cards at no additional cost, which can amplify the rewards earned through business spending.

Ink Business Cash® Credit Card

The Ink Business Cash Credit Card stands out for its generous rewards structure and introductory offers. With no annual fee, it’s an attractive option for business owners looking to maximize their cash back on everyday expenses.

• Signup Bonus: Earn a $750 bonus cash back after spending $6,000 in the first 3 months.
• Cash Back Rewards: 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. Additionally, earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, and 1% cash back on all other purchases.
• Additional Perks: Cardholders can benefit from 0% introductory APR for 12 months on purchases, flexible redemption options, and car rental coverage.

The Ink Business Cash Credit Card is tailored for those who value straightforward rewards and want to avoid the complexities of annual fees while still enjoying a range of benefits suited for business needs.

The American Express Blue Business Cash™ Card

The American Express Blue Business Cash\u2122 Card stands out as a solid choice for businesses seeking a no-annual-fee credit card that offers a consistent cash back rate. With this card, you earn an automatic 2% cash back on all eligible purchases up to $50,000 per year, then 1% thereafter. The cash back earned is conveniently applied as a statement credit.

Additionally, the card features Expanded Buying Power, which allows businesses to spend beyond their credit limit. However, this flexibility is not limitless and is tailored to the cardholder’s financial behavior and other factors.

The simplicity of the rewards structure and the automatic statement credit for cash back make this card a practical option for many business owners.

Here are the key rewards at a glance:

• 2% cash back on eligible purchases up to $50,000 per year
• 1% cash back on all other purchases
• Cash back automatically credited to your statement

Remember, while the card offers valuable benefits, it’s important to consider your business’s spending patterns to maximize rewards.

Ink Business Preferred® Credit Card

The Ink Business Preferred Credit Card stands out for its substantial rewards program, particularly for businesses with significant travel and business-related expenses. With the ability to earn points on every purchase, cardholders can redeem for travel, cash back, or gift cards, offering flexibility in how rewards are used.

• Signup Bonus: 100,000 bonus points after meeting spending requirements
• Bonus Value: Approximately $1,250 when redeemed for travel through Chase
• Annual Fee: Yes, but offset by high reward potential
• Additional Benefits: No foreign transaction fees and cell phone protection

While the card does come with an annual fee, the benefits can outweigh the cost for businesses that spend heavily in the bonus categories. It’s important to weigh the pros, such as high rewards and protections, against the cons, which include the annual fee and a lack of certain luxury benefits.

The Ink Business Preferred Credit Card is a robust option for businesses looking to maximize their spending power and gain valuable rewards in the process.

The Blue Business® Plus Credit Card from American Express

The Blue Business Plus Credit Card from American Express is a compelling choice for small business owners. With a 2X Membership Rewards point rate on all eligible purchases up to $50,000 annually, it’s a card that rewards everyday business spending efficiently. After the cap is reached, the card still offers 1 point per dollar, ensuring continuous earning potential.

The card’s flexibility in reward redemption and the absence of an annual fee make it an attractive option for businesses watching their bottom line.

The welcome offer adds to the card’s appeal, providing an opportunity to earn a substantial bonus early on. Here’s a quick overview of the card’s key features:

• Welcome Offer: Earn 15,000 Membership Rewards points after spending $3,000 in the first 3 months.
• Rewards Rate: 2X points on the first $50,000 in purchases each year, then 1X points.
• Intro APR: 0% on purchases for 12 months from account opening, then a variable rate applies.

While the card is best suited for small businesses, it’s important to consider the $150,000 yearly cap on bonus categories. This card strikes a balance between generous rewards and cost-effectiveness, especially for those who prefer points over cash back.

Cash Back Business Credit Cards

Ink Business Unlimited® Credit Card

The Ink Business Unlimited Credit Card simplifies the rewards process for business owners. Earn a $750 bonus cash back after spending $6,000 in the first 3 months. This card offers a flat-rate 1.5% cash back on all purchases without any caps, making it an uncomplicated choice for everyday business spending.

With no annual fee and a 0% intro APR for 12 months on purchases (then a variable APR of 18.49% – 24.49%), the Ink Business Unlimited Credit Card is a cost-effective option for businesses.

Here’s a quick overview of the card’s benefits:

• Welcome Bonus: $750 cash back
• Cash Back: 1.5% on all purchases
• Intro APR: 0% for 12 months
• Regular APR: 18.49% – 24.49% variable
• Annual Fee: $0

This card is best suited for those who prefer straightforward rewards and minimal fees.

Ink Business Premier℠ Credit Card

The Ink Business Premier℠ Credit Card is tailored for growing businesses, offering a high cash back rate on large purchases. With an annual fee of $195, it’s designed for those who can leverage the card’s rewards structure effectively.

• Rewards:

  • 2% cash back on all eligible purchases
  • 2.5% cash back on purchases of $5,000 or more
  • 5% cash back on travel purchased through Chase Travel(SM)

• Welcome Bonus: Earn $1,000 after meeting the card’s requirements.

This card does not allow carrying a balance as it is a pay-in-full card, but it does offer the flexibility to pay off select purchases over time. It’s best suited for businesses making substantial purchases, with the added benefit of no foreign transaction fees and cell phone protection.

While the card offers generous rewards, it’s important to note the annual spending limit on the elevated rewards rate, which may limit its value for businesses with very high expenditures. Additionally, the card offers fewer travel perks compared to some points-earning cards.

Revenued Business Card Visa® Commercial Card

The Revenued Business Card Visa Commercial Card stands out for its accessibility to businesses regardless of credit score. Your company’s revenue is the key determinant for spending limits, offering a unique approach to credit approval.

• Welcome bonus available
• 3% cash back on all purchases
• No annual fee
• Domestic use only

This card is particularly beneficial for businesses looking for straightforward rewards and those who primarily operate within the United States.

While it lacks international transaction capabilities, the absence of an annual fee and the generous cash back rate make it an attractive option for domestic entrepreneurs.

The Plum Card® from American Express

The Plum Card from American Express stands out for its flexibility in payments and cash flow management for small business owners. With this card, you can earn an unlimited 1.5% cash back on eligible charges as an early pay discount when you pay within 10 days of your statement closing date. Additionally, it offers the option to take up to 60 days to pay without interest, provided you pay the minimum due by the payment due date.

The Plum Card is not just another business credit card; it’s a financial tool designed to ease the burden of managing cash flows and vendor payments.

Other benefits include extended warranty and purchase protection, which can be invaluable for business-related purchases. While there is no annual fee, it’s important to note that the card is intended for domestic use only.

Here’s a quick overview of the key features:

• Early Payoff Discount: 1.5% cash back when paid early
• Payment Flexibility: Up to 60 days to pay with no interest
• Additional Benefits: Extended warranty and purchase protection
• Annual Fee: $0

Small business owners who need more time to cover purchases and prefer not to negotiate payment terms with every vendor will find The Plum Card particularly useful. It effectively extends 1.5%/10 Net 60 terms to any vendor that accepts the card.

Capital One Spark Cash Select for Excellent Credit

The Capital One Spark Cash Select for Excellent Credit stands out for its generous signup bonus and the absence of an annual fee. With a $750 cash back bonus after spending $6,000 within the first three months, it’s a lucrative option for businesses with significant upfront expenses.

This card is particularly advantageous for small businesses that can benefit from no additional cost for employee cards and the flexibility to redeem cash back for any amount.

The card’s features are straightforward and beneficial for entrepreneurs who prioritize cash back rewards:

• 1.5% cash back on all eligible purchases
• Unlimited rewards that don’t expire
• No foreign transaction fees

It’s important to note that various credit card offers provide bonus rewards, with top offers including cash back, travel rewards, and bonus points for specific spending thresholds.

Business Prime American Express Card

Amazon Business Prime American Express Card

The Amazon Business Prime American Express Card stands out for its reward structure, offering 5% back on Amazon purchases, making it a top pick for small business owners who frequently shop on the platform. Cardholders have the flexibility to choose between earning rewards or opting for 90-day payment terms, which can be a lifeline when managing cash flow.

• Annual Fee: $0
• APR: Variable
• Intro Bonus: Varied
• Credit Score: Good to Excellent

This card is particularly advantageous for businesses with substantial Amazon spending, up to the $120,000 annual cap on increased rewards.

Small business owners without Prime membership can consider the non-Prime version, which offers 3% back or 60-day payment terms on Amazon purchases. However, the Prime variant of the card is unmatched in rewards for Amazon-related expenses.

Capital One Venture X Business

The Capital One Venture X Business card stands out for its combination of luxury travel perks and a reasonable annual fee. Small-business owners who travel frequently will find the card’s benefits particularly valuable.

• Annual Fee: $395
• Regular APR: N/A
• Intro Bonus: Earn up to 300,000 miles with spending requirements
• Travel Credit: $300 annual travel credit
• Rewards: 2X miles on all purchases, 5X on flights, and 10X on hotels and rental cars booked through Capital One Travel

The Venture X Business card is a smart choice for entrepreneurs who want premium travel benefits without the premium price tag. Its straightforward rewards structure and generous signup bonus make it a compelling option for business owners on the go.

Earning the limited-time welcome bonus can yield a significant return on travel. After spending $20,000 in the first three months, you can earn 150,000 miles, and an additional 150,000 miles after spending $100,000 in the first six months. This bonus alone could be worth $3,000 in travel, making the annual fee a worthwhile investment for those who can meet the spending requirements.

Spark 2% Cash Plus Card

The Spark 2% Cash Plus Card stands out for its simplicity and generous rewards structure. Small business owners can enjoy 2% cash back on every purchase without the hassle of tracking spending categories or hitting rewards caps. This card is particularly advantageous for those who spend over $50,000 annually on business expenses, as it can yield more rewards than many other cards.

With no foreign transaction fees and a substantial cash bonus opportunity, the Spark 2% Cash Plus Card is a compelling choice for businesses with significant spending.

Here’s a quick breakdown of the card’s benefits:

• Unlimited 2% cash back on all purchases
• No need to track spending categories
• No rewards caps
• Ideal for businesses with annual expenses over $50,000

Other cards like The Blue Business Plus Credit Card from American Express offer no annual fee and 2x points or 2% cash back on up to $50,000 of spending each year, making them suitable alternatives for different spending patterns.

Conclusion

In conclusion, business credit cards offer a valuable advantage to entrepreneurs with significant signup bonuses and fraud protection. The best business credit cards of 2024 provide a range of benefits including cash back rewards, no foreign transaction fees, and additional perks like year-end summaries and employee cards at no extra cost. Whether you are looking for a card with travel rewards, cash back incentives, or flexible redemption options, there is a business credit card to suit your needs. Take advantage of these offerings to maximize your business expenses and streamline your financial management.

Frequently Asked Questions

What are the benefits of using business credit cards?

Business credit cards offer easy access to credit, excellent rewards, significant signup bonuses, fraud protection, and no foreign transaction fees. They also provide year-end summaries and employee cards at no extra cost.

What rewards can I earn with business credit cards?

Rewards vary depending on the card, but common rewards include cash back on all purchases, bonus cash back on specific categories like hotels and rental cars, and points for travel, gift cards, and more.

How can I qualify for a business credit card?

To qualify for a business credit card, you typically need to have a good to excellent credit score. Some cards may require a certain level of annual revenue or business history.

What are the common fees associated with business credit cards?

Common fees include annual fees, foreign transaction fees, and balance transfer fees. Some cards may have introductory APR offers and no annual fees.

What is a signup bonus and how does it work with business credit cards?

A signup bonus is a promotional offer provided by credit card issuers to attract new cardholders. To earn the bonus, you usually need to meet a spending requirement within a specified time frame after opening the account.

Are there any limitations or restrictions on earning rewards with business credit cards?

Some business credit cards may have limitations on the amount of rewards you can earn, restrictions on which purchases qualify for rewards, and expiration dates on rewards. It’s important to read the card’s terms and conditions for details.