Small-business credit cards offer valuable perks tailored for business owners and entrepreneurs. However, individuals choose a business card based on varying preferences. Some seek to earn rewards on their spending, while others prioritize the convenience of separating business and personal purchases for accounting purposes. Alternatively, certain business owners are drawn to the luxury perks provided by credit cards, such as airport lounge access, annual travel credits, and automatic travel insurance coverage.
The ideal small-business credit card for you depends on factors such as your monthly business spending, the type of rewards you desire, and your willingness to pay annual fees. TIME Stamped has conducted a thorough comparison of numerous small-business credit cards, considering their features, benefits, and ongoing costs. Below are our top picks based on this assessment.
Best small business cards compared 2024
| Small-business credit card | Best for | Welcome offer | Intro APR | Annual fee | Credit required |
|---|---|---|---|---|---|
| Capital One Spark Cash Select for Excellent Credit | Simplicity | $750 Cash Back once you spend $6,000 on purchases within the first 3 months from account opening | 18.49% – 24.49% (Variable) | $0 | Excellent |
| American Express® Business Gold Card | Bonus categories | Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.* | N/A (Rates & Fees) | $375 (Rates & Fees) | Good, Excellent |
| Ink Business Preferred® Credit Card | Travel rewards | New Cardmember Offer! Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. | N/A | $95 | Excellent, Good |
| The American Express Blue Business Cash™ Card | 0% APR | Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. | 0% on purchases 12 months from date of account opening (Rates & Fees) | No annual fee (Rates & Fees) | Good, Excellent |
| Ink Business Unlimited® Credit Card | Cash back | Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.. | 0% Intro APR on Purchases 12 months | $0 | Excellent, Good |
| Ink Business Cash® Credit Card | Office supply stores | Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening | 0% Intro APR on Purchases 12 months | $0 | Excellent, Good |
| The Blue Business® Plus Credit Card from American Express | No annual fee | Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership. | 0% on purchases 12 months from date of account opening 9Rates & Fees) | No annual fee 9Rates & Fees) | Good, Excellent |
| The Business Platinum Card® from American Express | Luxury perks | 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. | N/A (Rates & Fees) | $695 (Rates & Fees) | Good, Excellent |
| Capital One Spark Cash Plus | Everyday spending | $1,500 Cash Back once you spend $20,000 in the first 3 months, and an additional $1,500 once you spend $100,000 in the first 6 months | N/A | $150 | Excellent |
| Costco Anywhere Visa® Card by Citi | Gas | N/A | N/A | $0 | Excellent |
| CitiBusiness® / AAdvantage® Platinum Select® Mastercard® | Flights | Earn 65,000 American Airlines AAdvantage® bonus miles after spending $4,000 in purchases within the first 4 months of account opening. | N/A | $99, waived for first 12 months | Excellent |
| Capital One Spark Classic for Business | Fair credit | N/A | 26.99% Variable APR | $0 | Average, Fair, |
Our recommendations for the the best small business credit cards
Small-business credit cards designed for entrepreneurs and business owners offer a diverse array of perks, features, and rewards for spending. The cards listed below have earned their place in our ranking due to their competitive rewards rates, enticing welcome offers, and ongoing benefits provided to members.
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1.Capital One Spark Cash Select for Excellent Credit
Why we selected it: The Capital One Spark Cash Select for Excellent Credit stands out for its simplicity, offering a generous flat rewards rate of 1.5% cash back with no annual fee. This makes it an excellent choice for small business owners seeking straightforward rewards for their spending, without the complexity of bonus categories or intricate rewards programs.
Card details:
- New cardmembers have the opportunity to earn $750 Cash Back after spending $6,000 on purchases within the initial 3 months from account opening.
- Additionally, you can earn 1.5% cash back on all purchases and enjoy a 5% cash back on car rentals and hotels booked through Capital One Travel.
- The annual fee for this card is $0.
| pros | cons |
| Receive substantial flat-rate cash back on all your purchases. | No specific categories for bonus optimization. |
| No annual fee. | There’s no intro APR. |
| No fees are charged for foreign transactions. | Excellent credit required. |
| A generous welcome bonus is available. | |
| Includes business benefits, such as end-of-year reports. |
2.American Express® Business Gold Card
Why we selected it: The American Express Blue Business Cash™ Card stands out as one of the few business credit cards providing a 0% APR on purchases for a limited duration. If you choose this card and receive approval, you’ll benefit from a 0% introductory rate on purchases for the first 12 months from the date of account opening (followed by a variable APR of 18.49% – 26.49% Variable) (Rates & Fees).
Card details:
- Cardholders also receive a $250 statement credit after making $3,000 in purchases within the first 3 months.
- Earn 2% cash back on up to $50,000 in annual spending each year, followed by 1% back.
- There is no annual fee (Rates & Fees).
| pros | cons |
Avoid paying interest on purchases for the first year. | Elevated APR following the conclusion of the introductory offer. |
| No annual fee (Rates & Fees). | Redemption is exclusively available for statement credits. |
| Earn 2% cash back on up to $50,000 in purchases per year, followed by 1% back. | Annual earning potential is restricted by bonus rewards caps. |
| Free employee cards. | Foreign transaction fees are applied (Rates & Fees). |
| Includes purchase protection and extended warranties. |
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3.Ink Business Unlimited® Credit Card
Why we selected it: The Ink Business Unlimited® Credit Card was chosen for cash back earnings because of its straightforward rewards structure, offering a flat rate of 1.5% back on all purchases and no annual fee.
Card details:
- Cardholders have the opportunity to earn a $750 bonus cash back after spending $6,000 on purchases in the first 3 months from account opening.
- Additionally, this card offers a 0% Intro APR on Purchases for the first 12 months, followed by a variable APR of 18.49% – 24.49%.
- There is no annual fee.
| pros | cons |
| Accumulate substantial flat-rate rewards on every expenditure. | Elevated APR following the conclusion of the introductory offer. |
| Experience a 0% Intro APR on Purchases for the first 12 months. | Incurs foreign transaction fees. |
| Enjoy rewards with versatile redemption choices. | |
| $0 annual fee. | |
| Obtain complimentary employee cards. | |
| Includes a variety of travel and consumer protections. |
3.Ink Business Cash® Credit Card
Why we selected it: The Ink Business Cash® Credit Card was chosen for its generous rewards across various business expenditures. Notably, this card provides 5% cash back on up to $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each year (then 1% back), 2% cash back on up to $25,000 spent in combined purchases at gas stations and restaurants each year (then 1% back), and 1% back on other purchases.
Card details:
- Cardholders have the chance to earn a $750 bonus cash back after spending $6,000 on purchases within the initial 3 months from account opening.
- Additionally, this business credit card offers a 0% Intro APR on Purchases for the first 12 months, followed by a variable APR of 18.49% – 24.49%.
- There is no annual fee.
| pros | cons |
| Outstanding rewards rate on annual expenditures at office supply stores and on internet, cable, and phone services. | High APR after the intro offer ends. |
| Experience a 12-month introductory period with 0% APR on purchases. | Bonus rewards caps limit annual earning potentia |
| Rewards are flexible. | Charges foreign transaction fees. |
| $0 annual fee. | |
| Free employee cards. | |
| Comes with a handful of travel benefits and consumer protections. |
4.The Blue Business® Plus Credit Card from American Express
Why we selected it: We advocate for the Blue Business® Plus Credit Card from American Express due to its capacity to accrue versatile Amex Membership Rewards points without necessitating an annual fee.
Card details:
Here’s a revised version:
- Receive 15,000 Membership Rewards® points upon spending $3,000 on eligible purchases with the Card within your initial 3 months of Card Membership.
- Earn double points on up to $50,000 in expenditures annually, and thereafter earn points at a standard rate.
- Enjoy a 0% introductory APR on purchases for 12 months from the date of account opening (subsequently subject to a variable APR of 18.49% – 26.49% Variable) (Rates & Fees).
- No annual fee required (Rates & Fees).
| pros | cons |
| Acquire Amex Membership Rewards without the necessity of an annual fee. | High APR after the intro offer ends. |
| No annual fee required (Rates & Fees). | Bonus rewards are subject to caps, limiting the potential annual earnings. |
| Enjoy a generous rewards rate of 2x points on up to $50,000 in annual spending. | Foreign transaction fees apply to charges. |
| Obtain complimentary employee cards. |
5.The Business Platinum Card® from American Express
Why we selected it: The Business Platinum Card® from American Express stands out as an excellent choice for business proprietors seeking luxury travel perks. These include extensive airport lounge access worldwide, a $200 credit for airline incidentals, a 35% bonus on airline bookings made with points, and a fee credit towards Global Entry or TSA PreCheck membership.
Card details:
- New cardholders have the opportunity to earn 120,000 Membership Rewards® points by spending $15,000 on eligible purchases within the initial 3 months of card membership.
- Additionally, this card offers 5x Membership Rewards points on flights and prepaid hotels booked through AmexTravel.com, 1.5x points in key business categories and on purchases of $5,000 or more (up to $2 million in eligible purchases per year), and 1x points on other purchases.
- Moreover, the card includes over $1,500 in statement credits, encompassing offers for Adobe, Dell, Indeed, wireless telephone service, and more.
- Please note, a $695 annual fee applies (Rates & Fees).
| pros | cons |
| Offers the most extensive airport lounge benefit among all business credit cards. | Elevated APR for balances carried over. |
| Includes automatic Gold status with Hilton Honors and Marriott Bonvoy. | Steep annual fee of $695 (Rates & Fees). |
| Receives over $1,500 in statement credit offers automatically. | Limited earning rate on non-travel expenditures. |
| Accumulates versatile Membership Rewards points. | Utilizing all statement credit offers may pose challenges. |
| No foreign transaction fees apply. | Absence of complimentary employee cards. |
6.Capital One Spark Cash Plus
Why we selected it: We recommend the Capital One Spark Cash Plus for its suitability for daily expenses, offering a consistent 2% cash back on all purchases. It’s important to note that this card operates as a charge card, necessitating the full payment of your balance each month, distinguishing it from a traditional credit card.
Card details:
- Receive $1,500 Cash Back after spending $20,000 within the initial 3 months, with an extra $1,500 after spending $100,000 within the first 6 months.
- Enjoy an annual fee refund of $150 each year upon spending at least $150,000 on purchases.
- Your credit limit adjusts according to your spending patterns and payment history.
| pros | cons |
| Earn a generous 2% cash back on every purchase. | Requires full payment monthly. |
| Opportunity for annual fee refund. | High spending threshold for bonus offer. |
| No predetermined credit limit initially. | |
| Complimentary employee cards provided. | |
| No fees for foreign transactions. |
7.Costco Anywhere Visa® Card by Citi
Why we selected it: We recommend the Costco Anywhere Visa® Card by Citi due to its lucrative cash back rewards structure, including 4% cash back on up to $7,000 in eligible gas and EV charging purchases worldwide annually (then 1% back), 3% back on restaurant and eligible travel purchases, 2% back on purchases at Costco and Costco.com, and 1% back on other purchases.
Card details:
- Exclusive to Costco members, this card accompanies no annual fee when paired with a paid Costco membership.
- Bonus rewards for gas are applicable at all gas and EV charging stations globally, extending beyond Costco.
- There is no annual fee associated with this card.
| pros | cons |
| Boasts an outstanding rewards rate for gas and EV charging purchases. | No introductory bonus offered. |
| Additionally earns substantial rewards on dining and eligible travel expenses, including those made through Costco Travel. | Elevated APR for balances carried over. |
| Provides complimentary employee cards. | Requires Costco membership for eligibility. |
| No annual fee for Costco members. | Requires Costco membership for eligibility. |
| No foreign transaction fees apply. | Limited range of redemption options available. |
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8.CitiBusiness® / AAdvantage® Platinum Select® Mastercard®
Why we selected it: We recommend the CitiBusiness® / AAdvantage® Platinum Select® Mastercard® as the top choice for business flights, thanks to its substantial bonus offer and array of frequent flyer benefits. Plus, the card offers the added perk of no annual fee for the first year.
Card details:
- Earn 65,000 American Airlines AAdvantage® bonus miles upon spending $4,000 on purchases within the initial 4 months of account opening.
- Cardmembers receive 2x miles on American Airlines purchases, cable and satellite purchases, gas purchases, select telecommunication merchants, and car rentals, in addition to 1x points on other purchases.
- An annual fee of $99 applies, waived for the first 12 months.
| pros | cons |
| Earn miles applicable to flights serving over 1,000 destinations globally. | Annual fee is applicable after the first year. |
| Accrue Loyalty Points contributing toward American AAdvantage elite status tiers. | Rewards offer limited redemption options beyond flights. |
| Includes complimentary checked bags, preferred boarding, and a 25% discount on in-flight purchases. | |
| Eligible for a companion certificate upon spending $30,000 or more annually. | |
| No foreign transaction fees apply. |
9.Capital One Spark Classic for Business
Why we selected it:We recommend the Capital One Spark Classic for Business to business owners with fair credit seeking to improve their credit standing. Approval is possible even with a “fair” credit score, ranging from 580 to 669 on the FICO scale.
Card details:
- Cardholders earn 1% cash back on all purchases.
- Additionally, they can earn 5% cash back on hotels and rental cars booked through Capital One Travel.
- There is no annual fee associated with this card.
| pros | cons |
| Obtain approval more easily even with imperfect personal credit. | features a very high APR for balance carryovers. |
| Complimentary employee cards provided. | No welcome bonus offered. |
| No annual fee required. | |
| No foreign transaction fees applicable. |
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