There are so many things to think about when starting up a brand new business venture, and trying to get funding should not be one. A business credit card is a great way to get your small business off the ground while gaining a business credit score and cash back to help your business thrive through a personal credit card. There are many options on the market these days with different rewards programs, credit history necessities, interest rates, and special offers that consumer cards and personal credit scores do not offer that can help build business credit.
Whether you have a storefront, webpage, or do freelance work, a business credit card is a great way to keep your personal finances, business purchases and cash flow organized and separate, which will be helpful when tax season rolls around to help your credit report.
We want to make this process a little easier by giving you the 11 best startup business for credit cards for small business owners and the benefits of each credit card issuer.
The best cards for starting up your business
Being a new business owner is stressful, but we want to help make this part easy. Here are our top picks based on different rewards cards your business may benefit from:
APR: 0% intro
Rewards: cash back
NerdWallet rating: 4.7
Why we like it :
The American Express card is great to use instead of borrowing large sums of money from lenders for business loans. You have a 0% APR for the first year giving you plenty of time to get your business off the ground and gain cash back rewards on those purchases.
Pros
You get 0% APR for the first year, and then rates are 13.24%-19.24% variable APR. You earn 2% cash back on the first $50,000 in purchases each year and then 1% after that.
Cons
This card is not best for businesses that are spending well over $50,000 a year.
It also has a high foreign transaction fee.
Why we like it: Unlimited 2% cash back on all purchases.
Pros
If your expenses do not fall into the bonus categories on other cards, this card may be perfect for you because it has a 2% cash back on all purchases.
It also has a start-up bonus.
There is 0% fraud liability if the card is lost or stolen.
Rewards do not expire, and you can redeem your cash back at any time.
Cons
There is no annual fee for the first year; then it jumps to $95.
After the first year, If you do not plan on spending $4,750, this card may not be the best fit for you.
Why we like it:
Starts with 0% APR which helps you rack up rewards quickly
A great card for people who value Membership Rewards points with no annual fees. The months of card membership make it great to pull in those points through different spending categories.
Pros
You get 0% APR for the first year, and then rates are 13.24%-19.24% variable APR.
You earn 2% cash back on the first $50,000 in purchases each year and then 1% after that.
Comes with Expanded Buying Power which means more opportunities to earn points.
Cons
This card is not best suited for businesses that are spending over $50,000 a year.
There is a 2.7% foreign transaction fee.
Why we like it:
This card is a good fit if your business spends a significant amount on office supplies, telecommunications, restaurants, and gas.
Pros
You get 5% cash back on up to $25,000 in combined spending per account year at office supply stores and on internet, cable, and phone services; 2% cash back on the first $25,000 in combined spending per account year at gas stations and restaurants; and 1% on everything else.
There’s a great sign-up bonus, a 0% intro APR period, and a $0 annual fee
Card offers fraud protection.
Zero liability for unauthorized charges.
Cons
Your business may have different bonus points or needs, and the 2%-5% rewards may not be enough.
Why we like it:
Offers the most significant sign up rewards on any credit card and rewards in many categories.
Pros
You’ll earn 3 points per dollar on up to $150,000 a year in spending on travel, telecommunications (internet, phone, and cable), shipping, and advertising on social media and search engines; all other spending earns 1 point per dollar. Another popular option by Ink is the Ink Business unlimited card.
Redeem points for cash back, gift cards, travel, and more.
Cons
Annual fee of $95.
After the first year, you need to spend up to $2,534 for the rewards to be worth the annual fee.
Why we like it :
If you travel a lot, you will enjoy the Delta lounge, the annual companion certificate even for first-class, and the checked bag benefits.
Pros
This card allows access to Delta lounges and American Express Centurion Lounges.
Rewards: 3 miles per dollar on Delta purchases and 1 mile per dollar on other purchases (rising to 1.5 miles per dollar after you spend $150,000 in a calendar year)
No foreign transaction fees when spending overseas.
Cons
The annual fee for this card is $550, which could be worth it if you travel enough.
Why we like it:
Comes with one automatic free night stay every year, elite status, generous rewards, and a sign-up bonus.
Pros
You earn 6 points per dollar at participating Marriott Bonvoy hotels;4 points per dollar at U.S. restaurants, U.S. gas stations, wireless telephone services purchased directly from U.S. service providers, and on U.S. purchases for shipping; and 2 points per dollar on all other eligible purchases
Cons
The $125 annual fee
APR: Contact for detailsRewards: Travel rewards (premium rewards and perks)NerdWallet rating: 5.0
Why we like it:
For those who spend lots of time traveling.
Pros
5X points on flights and prepaid hotels on amextravel.com.
Access to more than 1,200 airport lounges worldwide.
A $200 annual credit for incidental airline fee.
Reimbursement for the application fee for TSA Precheck or Global Entry.
Automatic elite status with Marriott and Hilton hotels.
Cons
The $595 annual fee is high, but it is a deductible business expense.
Why we like it:
This card is for traveling entrepreneurs whose business expenses may not fall into common bonus categories.
Pros
This card earns unlimited 2 miles per dollar on all purchases.
Miles can be redeemed for any travel expense — no blackout dates or restrictions — at a rate of 1 cent apiece.
Great sign-up bonus.
Cons
The card has no annual fee for the first year and then goes to $95.
You need to spend $4,750 a year to make the rewards worth it.
APR: contact for details
Rewards: Elevated rewards and bonuses
NerdWallet rating: 4.4
Why we like it:
A great card for startups because it does not require the cardholder to personally guarantee the debt on the card.
Perfect for the business owner with a thin credit file but is well-capitalized.
Pros
This card earns 1 point per $1 spent on purchases, but if you make the Brex Card for Startups your only company card, you’ll earn elevated rewards on rideshares (7 points per dollar), travel booked through Brex (4 points per dollar), restaurants and Apple products (3 points per dollar) and recurring software expenses (2 points per dollar). You’ll also be qualifying for valuable offers from such business service providers as Amazon Web Services, Google Ads, WeWork, and Salesforce.
Great sign-up bonus options.
The credit limit is 10-20x higher than traditional small business corporate cards.
Cons
Your business must have a $100,000 bank account balance to apply now. This is a charge card, not a credit card, meaning the balance transfer is due in full each billing cycle.
APR: contact for details
Rewards: Travel rewards plus no annual fees
NerdWallet rating: 4.6
Why we like it:
Great choice for a travel card with great rewards and no annual fee.
Pros
This $0-annual-fee card earns 1.5 points for every dollar spent and 3 points per dollar on travel purchases booked through Bank of America.
Great sign-up reward for a “no-fee” card.
Cons
Higher reward rates are available on other cards. You might come out ahead on those cards if you spend enough, even after paying an annual fee.
Picking the best startup card for your business
We reviewed and compared startup business credit cards to make sure this list gave you plenty of options with the best rewards to meet your needs. We hope this helps make your startup easier on you, puts more money in your pocket, and has your new business thriving in no time with fair credit offers for your business credit card and employee card.
