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APPLY FOR A SMALL BUSINESS CREDIT CARD
Credit card companies have recently enhanced the quality of many small business credit cards by adding lucrative sign up bonuses such as $250 cash back rewards, free flights, and tens of thousands of rewards points. Additionally, a number of no annual fee business cards have also started offering 0% rates on both purchases and balance transfers.
Below can compare current small business credit card offers and apply for a new business card via secure online
applications. All applications open in new windows. If an application fails to open, temporarily disabling your
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INK CASH® BUSINESS CARD |
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- Limited-time bonus offer! Earn $250 bonus cash back after you spend $3,000 in 3 months from account opening.
- 5% cash back on the first $25,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
- 2% cash back on the first $25,000 spent annually at gas stations and restaurants
- 1% cash back on all other card purchases with no limit to the amount you can earn
- 0% introductory APR for 6 months on purchases and balance transfers
- No Annual Fee
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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0% for 6 months*
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0% for 6 months*
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13.24% (Variable)*
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$0
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Excellent Credit
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CAPITAL ONE® SPARKSM CASH FOR BUSINESS |
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- Earn 2% cash back on every purchase, every day
- Get a $100 cash bonus - just spend $1,000 on purchases within the first 3 months
- Receive a $50 cash bonus by signing up for one or more employee cards
- Enjoy award-winning small business customer service
- $0 intro annual fee for the first year; $59 after that
- Redeem cash rewards anytime, for any amount, even set up automatic redemption
- Earn unlimited cash rewards that don't expire
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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N/A*
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N/A*
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13.9% - 20.9% (V)*
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$0 intro for first year; $59 after that
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Excellent Credit
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INK BOLD® BUSINESS CARD |
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- Limited-time bonus offer! Earn 60,000 bonus points after you spend $5,000 in the first 3 months from account opening.
- No interest charges because it's a pay in full charge card.
- Earn 5X points per dollar in select business categories.
- 1:1 point transfer to leading frequent travel programs.
- No foreign transaction fees
- Direct access to a live service advisor anytime.
- $0 Intro Annual Fee for the first year, then $95.
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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N/A*
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N/A*
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N/A*
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$0 Intro Annual Fee for the first year, then $95
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Excellent Credit
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CAPITAL ONE® SPARKSM MILES SELECT FOR BUSINESS |
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- Get a 50% bonus on the miles you earn every year
- Earn 1 mile per dollar on every purchase, every day
- Save with 0% intro APR on all purchases until December 2013
- Enjoy no annual fee
- Get online Quarterly and Year-End Summaries
- There’s no limit to the amount of miles you can earn and miles don’t expire
- Fly on any airline, anytime, with no blackout dates or seat restrictions
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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0% until December 2013*
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N/A*
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12.9% - 20.9% (V)*
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$0
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Excellent Credit
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INK PLUS® BUSINESS CARD |
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- Limited-time bonus offer! Earn 60,000 bonus points after you spend $5,000 in the first 3 months from account opening.
- With Ink Plus, you have the cash flow flexibility with the choice to pay over time or pay in full
- Earn 5X points per $1 on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
- Earn 2X points per $1 on the first $50,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel
- No foreign transaction fees
- 1:1 point transfer to participating travel programs with no transfer fees
- Get 20% off travel redemptions when booked through Ultimate Rewards.
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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N/A*
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N/A*
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13.24% (Variable)*
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$0 Intro Annual Fee for the first year. After that, $95.
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Excellent Credit
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SIMPLYCASH® BUSINESS CARD FROM AMERICAN EXPRESS |
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- With no annual membership fee, it's a smart choice for your business
- Automatic cash back - cash back is earned on eligible purchases and automatically credited to your statement
- 5% at U.S. office supply stores & on wireless telephone services purchased directly from U.S. service providers
- 3% at U.S. gas stations
- 1% on other purchases
- Up to $12,000 in purchases in each 5% and 3% category per rebate year, then 1%.
- Terms and limitations apply
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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0% for 6, 9, or 12 months*
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N/A*
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12.24% - 19.24% Variable*
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N/A
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Excellent Credit
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CAPITAL ONE® SPARKSM CASH SELECT FOR BUSINESS |
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- Get a 50% bonus on the cash back you earn every year
- Earn 1% cash back on every purchase, every day
- Save with 0% intro APR on all purchases until December 2013
- Enjoy no annual fee
- Get online Quarterly and Year-End Summaries
- Redeem cash rewards anytime, for any amount, even set up automatic redemption
- Earn unlimited cash rewards that don’t expire
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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0% until December 2013*
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N/A*
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12.9% - 20.9% (V)*
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$0
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Excellent Credit
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THE BUSINESS GOLD REWARDS CARD® FROM AMERICAN EXPRESS OPEN |
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- Earn 50,000 Membership RewardsŪ points after you spend $5,000 in purchases on the Card in the first 3 months of Card membership†.
- Earn points even faster to get more rewards for your business.
- 3X points on airfare purchased from airlines. 2X points at US gas stations.
- Up to $100,000 in each category per year, then 1 point.
- Terms and limitations apply.
- Reduce travel costs, show appreciation for employees and clients, and offset everyday expenses by using points to get something back and grow your business.
- $0 introductory annual fee for the first year, then $175.
- †Apply online to qualify for this offer. See offer terms for details.
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Intro APR on Purchases |
Intro APR on Transfers |
Regular APR
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Annual Fee
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Credit Type
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N/A*
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N/A*
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N/A*
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$0 introductory annual fee for the first year, then $175
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Excellent Credit
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Small Business Credit Card Overview
During the depth of the credit crunch, credit card companies essentially turned their back on small business owners. They raised our interest rates, cut our credit lines and denied us credit when it was needed most. In the past few months, however, the quality of small business credit cards has improved dramatically. Credit card companies like Chase introduced Ink, a line of small business credit cards that offer either cash back or point based rewards. Capital One has also revamped many of its business credit card rewards programs. These two companies currently offer the top business credit cards with no annual fee rewards.
American Express business cards are also top notch, though there are two drawbacks. First, if you don't already have a MasterCard or Visa business card, you always run the risk of your card not being accepted. Secondly, American Express business cards do often come with hefty annual fees, so if you choose an American Express card, you should weigh the benefits of its credit card rewards program with the cost. As a general rule of thumb, it takes $10,000 of spending to earn back a $100 annual fee. If you spend a few hundred thousand dollars a year on your card, this isn't an issue, but if you only use it sporadically, a high annual fee can really eat into your rewards.
0% APR business credit card deals are another area worth close examination, particularly when it comes to balance transfers. Presently, business balance transfer offers only tend to last about 6 months while consumer 0% APR balance transfers can last 15 months or more. Thus, if you are considering a new business card for balance transfers, you may want to review consumer credit card offers to take advantage of the longer 0% interest rate periods available.
Small Business Credit Card Tips
Small Business Cards Are Not Covered by the CARD Act: Small business credit cards do not offer the same protections as consumer credit cards. For example, credit card companies can still raise rates on pre-existing balances at any time and for any reason. This can be an issue for businesses that carry substantial balances from month to month, so keep this in mind before taking on debt.
Consumer Credit Cards Are Always an Option: If you are a sole proprietor, you may want to consider using a consumer credit card. With a consumer card, you are protected from rate increases on previous balances. Plus, consumer cards offer similar rewards and significantly better 0% introductory terms.
Small Business Credit Card Reviews
Chase Ink Cash for Business Review: Chase's Ink Cash for Business, which currently comes with a $100 bonus for new cardmembers, is one of the higher yielding cash back credit cards available to business owners. All spending earns at least 1% cash back, while up to $3,000 per month of spending on gas, dining, and office supply purchases earns 3% cash back. Full Article.
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