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8 Best Small Business Credit Cards For Startups 2022

Business Credit Cards

Best Business Credit Cards

There are a variety of benefits to having a business credit card. Many of these cards have no annual fee and allow you to give employees cards free of charge. You can also earn rewards when you use the card and other valuable perks to help your small business thrive. You can choose between the Visa Signature Card and the Marriott Rewards Visa Signature card, which offer benefits that can help you grow your business. Here are the best small business credit cards that bring the most purchasing power:

Here is 8 Best Business Credit Cards For Startups New Small Business 2022

1. Chase Ink Business Unlimited Credit Card

If you’re looking for a business credit card for startup a new small business, the Chase Ink Business Unlimited Credit Card is one of the best choices. This card offers excellent rewards and no annual fee. It’s also great for long-term use. This card also allows you to add authorized users to your account, who are responsible for all charges made with the card.

The Chase Ink Business Unlimited Credit Card is a great option for small businesses with good credit. The card comes with a 0% introductory APR on new purchases for the first 12 months. It also comes with a collision damage waiver on auto rentals and a free credit report. There are some limitations, though. It requires a minimum annual income and reports to several credit bureaus.

The Chase Ink Business Unlimited Credit Card is not available to everyone. You must meet certain minimum income requirements and have excellent credit. The minimum credit score is six hundred and eighty percent. However, you can set your spending limit per employee. With this credit card, you can get a signup bonus of $750 after spending $7500 in the first 3 months.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn $750 Bonus Cash BackNo annual fee15.49% – 21.49% Variable Good, Excellent

2. Ink Business Preferred Credit Card

The Ink Business Preferred credit card has several benefits that make it an ideal choice for small businesses. It has a no-fee annual fee, offers a good welcome offer, and rewards are competitive with those of other business credit cards. In addition, you can use your rewards to cover the annual fee and get a good APR, which is a good thing for small business owners. It also doesn’t charge an annual fee for employee cards.

The Ink Business Preferred Credit Card from Chase is an excellent choice for small businesses. It offers high sign-up bonuses, bonus categories, and points, and provides protection against theft and fraud. The card also offers protection from travel expenses, which can be essential if you’re constantly traveling. Other benefits include primary coverage for rental cars and a $1,000 cell phone protection benefit.

The sign-up bonus for the Ink Business Preferred Credit Card is one of the best in the industry, allowing you to earn a significant amount of cash back. You can earn as many as 100,000 points after spending $15,000 in the first three months, which translates to $1250 in travel rewards. With this bonus, you can quickly cover the annual fee.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn 100,000 bonus points$9518.24% – 23.24% Variable Good, Excellent

3. American Express Blue Business Cash Card

The American Express Blue Business Cash Card ™ is a great credit card for business owners looking for a card with a low annual fee and cash back rewards. It features an unlimited rewards program and 0% introductory APR. This card is also great for businesses that make international transactions. It offers a $250 statement credit after spending $3,000 on purchases within the first three months. The card also offers rewards and travel perks.

The Blue Business Cash Card is one of the best business credit cards because of its cash back rewards program. This card offers 2% cash back on every purchase and has no annual fee. Similarly, the Capital One Spark Cash Plus card has an unlimited 2% cash back program but requires an annual fee of $150.

The American Express Blue Business Cash(TM) Card doesn’t charge an annual fee and offers 2% cash back on purchases. However, the card has a $50,000 yearly spending limit, which could be a problem for businesses that spend more than $5,000 a month. However, the card offers some other benefits for businesses, including the ability to set spending limits for authorized users, spending alerts, and summary reports.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn a $250 statement creditNo annual fee15.49% – 23.49% VariableExcellent/Good (700 – 749)

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4. American Express Business Gold Card

If you’re a small business owner, you may want to consider an American Express Business Gold Card. This card has a low annual fee and offers a flexible rewards program. If you have a high enough credit score, you can earn four points for every dollar spent in two bonus categories. Plus, you can adjust your earning categories each billing cycle.

This card has a very generous rewards program. Among other perks, you can get a $50 Ultimate Rewards hotel credit each year and earn 5x points on travel and dining. With this card, you can get up to 25% more value for your travel purchases than with most other cards. In addition, you can get a trip cancellation and lost luggage insurance. Using this card may be a good idea for you if you frequently travel, but if you’re not a frequent traveler, you might not be interested in the rewards.

The annual fee on the Business Gold Card is $295. That’s a bit higher than most premium business cards, but it is still lower than the fees on ultra-premium cards. However, the rewards package is more impressive, with a wider range of protections and a more comprehensive welcome bonus. In addition to the welcome bonus, you can get a membership to the Global Lounge Collection and a $189-CLEAR(r) credit. Likewise, you can also earn a Dell credit each year for up to $400.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn 70,000 points$29516.49% – 24.49% VariableExcellent/Good (700 – 749)

5. The Business Platinum Card from American Express

The Business Platinum Card from American Express is one of the premier travel cards for small business owners. For an annual fee of $695, it offers an impressive suite of travel benefits. These include elite status with select hotels, travel insurance benefits, and special booking offers through the Fine Hotels & Resorts program. Additionally, the card offers more than $1,000 in statement credits from select small business vendors.

The Business Platinum Card is a great option for business owners who travel frequently. However, it has a fairly high annual fee, which can make it less useful if you don’t travel a lot. A more affordable option might be the Blue Business(r) Plus Credit Card. This card also offers an excellent welcome bonus. However, be sure to weigh the pros and cons before applying for this card. If you’re planning a trip, consider whether you need travel insurance protection.

Other benefits of the Business Platinum Card include extended warranties for eligible items. You’ll get an additional year of warranty coverage when you use your card to make a purchase. It also offers accident insurance up to $500,000, which is beneficial for business travelers. However, note that this insurance does not cover self-inflicted injuries, certain ailments, or mental infirmity.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn 120,000 points$69516.49% – 24.49% VariableGood, Excellent (700 – 749)

6. Brex 30 Card

The Brex 30 Card Business Credit Card is a great option for small business owners who are looking for an unsecured credit card that offers great benefits. This card can be used for a variety of business purposes, including everyday purchases and online bill payments. Its cash-back reward program allows the holder to earn up to 3% cash back on all purchases. You can apply for the card online, and you must be a small business owner or have at least one employee to qualify. If you meet these criteria, you can receive a $300 statement credit when you sign up online. Then, after 90 days, you can earn up to 30,000 bonus points.

Another benefit of the Brex 30 Card is its built-in expense tracking tools and bill pay features. This allows you to keep track of your business expenses and payments. You won’t have to pay any transaction fees, and you can set monthly spending limits for your employees. The Brex 30 Card also offers an unlimited number of virtual cards to employees. This gives you the freedom to issue virtual cards to your employees and give them access to the business’s expense-tracking software.

Welcome BonusAnnual FeeRegular APRCredit Score 
50,000 points$0NANo Credit Check

7. Capital One Spark Miles Select for Business

The Capital One Spark Miles Select for Business Credit Card offers unlimited 1.5 miles per dollar spent, but there aren’t a lot of extra benefits, including fee credits for Global Entry and airport lounge access. This card, however, does offer promotional and introductory APRs on purchases, which are valuable perks for business travelers. And it doesn’t cost an arm and a leg, either. Still, if you’re looking for a business card that offers the best rewards and convenience, you should consider the other options available.

The Capital One Spark Miles Select for Business has a simple rewards program that is designed to be user-friendly. It also has an introductory 0% APR offer on purchases, and helpful protections like extended warranties on eligible items. It also offers 5 miles per dollar spent on purchases on the Capital One portal, but these won’t translate into hotel-status benefits.

The Capital One Spark Miles Select for Business has no annual fee, which makes it a convenient travel card for business travelers. Plus, you can use your card for virtually any travel expense, including airfare, hotels, and car rentals. The card also offers zero foreign transaction fees and roadside assistance.

Welcome BonusAnnual FeeRegular APRCredit Score 
Earn a one-time bonus of 50,000 miles$014.24% – 24.24% (Variable)Excellent, Good

8. Wells Fargo Business Platinum Credit Card

The Wells Fargo Business Platinum Credit Card has a great rewards program and no annual fee. It also does not charge foreign transaction fees. The card also reports to multiple credit bureaus. However, it does not offer many of the other perks of other business cards. In particular, the 0% introductory APR period does not last very long.

Wells Fargo Business Platinum offers a flat rate of 1.5% and a points option for rewards. The points can be redeemed for gift cards or merchandise. They can also be used for airline tickets. Another bonus is a 10% credit when redeeming points online. To earn this bonus, you need to spend at least $3,000 in the first three months.

The Wells Fargo Business Platinum Credit Card comes with a 0% introductory APR for the first nine months. This introductory period allows you to transfer high balances to the card without paying interest. However, you should budget to pay off the balance before the introductory period expires. You can also earn up to 30,000 points through the rewards program.

Welcome BonusAnnual FeeRegular APRCredit Score 
To earn this bonus, you need to spend at least $3,000 in the first three months.$0Prime + 7.99% to Prime + 17.99% on purchasesExcellent

Bottom Line

The best business credit card should provide the most value for your business. When choosing, consider what you’ll purchase with the card and what rewards will help save money.

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