Top Business Credit Cards for Bad Credit in 2022

To fund your business transactions and purchases appropriately even with a less-than-stellar credit rating, you must use the best business credit cards for bad credit. In this article, we list down the best ones you can acquire even with a bad credit rating. We’ll also provide a buyer’s guide to help you research, scrutinize, and pick the best card for your business. Read on!

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1. Brex Cash

Brex Cash ranks among the best easy-approval business credit cards that offer generous point rewards. On top of that, it doesn’t charge any fees; there’s no annual, monthly, or transaction fee. You also gain greater control over your expenses with its built-in tools. Full Review

  • Greater control over your account
  • Easy online application
  • Instant e-commerce payouts
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Brex Cash ranks among the best easy-approval business credit cards that offer generous point rewards. On top of that, it doesn’t charge any fees; there’s no annual, monthly, or transaction fee. You also gain greater control over your expenses with its built-in tools. Full Review

Requirements

4/5

Fees

5/5

APR

5/5

Rewards

4/5

2. Amazon Business American Express Card

The Amazon Business AmEx card ranks among the best business credit cards with no credit if your business transactions deal with Amazon Prime, AWS, and Whole Foods. Its reward structure offers flexibility in terms of fees and bonuses. Full Review

  • Flexibility on APR rates
  • 5% Amazon purchase cash rewards
  • 2% cashback on non-Amazon purchases
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The Amazon Business AmEx card ranks among the best business credit cards with no credit if your business transactions deal with Amazon Prime, AWS, and Whole Foods. Its reward structure offers flexibility in terms of fees and bonuses. Full Review

Requirements

4/5

Fees

5/5

APR

5/5

Rewards

4/5

3. Capital One® Spark® Classic for Business

Capital One Spark Classic ranks among the top business credit cards for bad credit when it comes to ease of application. There’s no annual fee to worry about, and you can get 1% cash rewards on every business purchase. You can also easily redeem rewards as you accumulate points. Full Review

  • No annual fees
  • Easy application process
  • No complex redemption requirements
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Capital One Spark Classic ranks among the top business credit cards for bad credit when it comes to ease of application. There’s no annual fee to worry about, and you can get 1% cash rewards on every business purchase. You can also easily redeem rewards as you accumulate points. Full Review

Requirements

4/5

Fees

5/5

APR

3/5

Rewards

4/5

4. Wells Fargo Business Secured Credit Card

With an almost guaranteed business credit card approval and zero annual fee, applying for Wells Fargo’s secured business credit card gives you an easy credit-building solution. It has a flexible cashback or points reward system that gives you cash rewards on every business purchase. Full Review

  • No annual fees
  • 1.5% cashback on every purchase
  • Flexibility to choose points systems
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With an almost guaranteed business credit card approval and zero annual fee, applying for Wells Fargo’s secured business credit card gives you an easy credit-building solution. It has a flexible cashback or points reward system that gives you cash rewards on every business purchase. Full Review

Requirements

5/5

Fees

4/5

APR

5/5

Rewards

4/5

Our Methodology

Business credit cards vary. To list the best business credit cards to help you build your credit, we’ve checked the following factors:

  • Annual Percentage Rate (APR)

This is the interest rate for the whole year you’ll have to pay for using the card. We checked which bad credit business credit cards offer the most reasonable and affordable APR.

  • Fees

Apart from the APR, you might need to shoulder other fees tacked on the credit card, such as a foreign transaction fee, balance transfer fees, and annual fees. We compared different credit card fee rates for this reason.

  • Notable Features

These features may differ in structure, but they’re designed to target business owner customers. We checked which features are more suitable for startups, small businesses, and other types of companies.

  • Benefits

When finding easy business credit cards to get approved for, we looked at cards that offer benefits for travel, dining, and other business-related purchases. These help you get the most out of the card’s features.

  • Rewards

Along with benefits, we checked the rewards that each credit card gives. These rewards may be in the form of bonuses, cashback, or points, as well as welcome offers and introductory 0% APRs.

Detailed Reviews

Brex Cash
Brex Cash
Brex Cash

Best for C- and S-Corps, LLCs, Online-Heavy Businesses

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  • Greater control over your account
  • Instant e-commerce payouts
  • Lack of fees
  • Easy online application
  • Unavailable to unincorporated businesses
  • No ATM access
  • The low yield on money market funds

Brex Cash is a perfect cash management account if you want unlimited transactions. It’s also great if you want to manage your finances online. Since it’s a cash management account, you gain access to more features than you would with a traditional business bank account.

Ease of Signup

Brex Cash is the easiest business credit card to get. Simply go to their website — no in-person application needed — and open an account. Provide requested information such as your company name and industry. Prepare your EIN (Employer Identification Number) and business email as well. Your company must be US-incorporated, but founders don’t have to be US citizens. From there, Brex will guide you through the process.

Fees

Brex doesn’t charge any annual or foreign transaction fee. There’s also no minimum account security deposit or minimum balance requirements. The company earns money through the merchants where you use the card.

Rewards and Features

Unlike other small business credit cards for bad credit, Brex Cash stands out for giving you greater account control. You can set up transaction approval flows, schedule repeat payments, and customize user roles. You also gain reward points across transactions like rideshare, hotel bookings, dining, and others.

Customer Satisfaction

Overall, Brex Cash is a powerful cash management card. Customer reviews highlight its lack of fees and its generous point rewards, while more critical reviews point out its unavailability for sole proprietors and general partnerships i.e. it’s only available for C- and S-corps and LLCs.

Amazon Business American Express Card
Amazon Business American Express Card
Amazon Business American Express Card

Best for E-Commerce Businesses & Small Businesses Buying on Amazon

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  • Flexibility on APR rates
  • 2% cashback on non-Amazon purchases
  • Can be used with the AmEx app
  • 5% Amazon purchase cash rewards
  • Not ideal for non-Amazon customers
  • Other cards have a simpler reward structure

Amazon Business AmEx card is a team-up offering that’s perfect if you want to add more value to your business purchases. If you’re already an Amazon Prime member, you can offset the cost of annual membership.

Ease of Signup

As a great business credit card for people with bad personal credit, the application process is easy. It’s done online, and you can monitor your application status at any time. Credit scores aren’t a problem since they’re not the only factor in the approval process. Upon opening an account, you earn a $100 Amazon gift card.

Fees

This card has an ongoing APR of 14.24%, but there’s no annual fee. You can also opt for a 90-day 0% APR on Amazon purchases in exchange for earning 5% cash rewards on eligible purchases. This feature gives you flexibility in deciding what works better for your transactions.

Rewards and Features

Moreover, like with many startup business credit cards with no credit, you can earn other cash rewards on purchases within Amazon properties like Whole Foods and AWS. You can also earn 2% cash rewards on purchases at US restaurants and gas stations. All these cash rewards translate to Amazon points with no expiration date. You can use the points for Amazon purchases or apply them as a statement credit.

Customer Satisfaction

Overall, reviews state that the Amazon Business AmEx card is a fantastic choice for those who want easy finance management if their business transactions rely on Amazon services.

Capital One® Spark® Classic for Business
Capital One® Spark® Classic for Business
Capital One® Spark® Classic for Business

Best for Startups With No Credit History and Non-cash Heavy Transactions

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  • No complex redemption requirements
  • No annual fees
  • Easy application process
  • Low rewards rate
  • Higher APR
  • No other bonuses

Capital One Spark Classic offers easy access for small business owners who want to build their credit history without the burden of an annual fee. Like its other Capital One siblings, Spark reports your payments to major credit bureaus.

Ease of Signup

Similar to applying for other business credit cards with no credit, Capital One Spark requires you to provide basic information about your business. Prepare your EIN. You’ll also have to disclose your annual business revenue and spending per month. The process is done online.

Fees

As a credit card for small businesses, this card doesn’t offer any sign-up bonus. The APR is 26.99%, but there’s no balance transfer or foreign transaction fee, on top of having no annual fee. Meanwhile, cash advances are subject to a minimum of $10 or 3% of the advance, whichever is higher.

Rewards and Features

Apart from being one of the easiest business credit cards to get, this Capital One card also offers 1% cash rewards for every business purchase. There are no redemption requirements, plus you can acquire free employee cards. Each of those cards will also earn cash rewards for the account.

Customer Satisfaction

Overall, Capital One Spark reviews state satisfaction with the offers of simple albeit lean cash rewards for small business owners with poor to fair credit score ratings. This simple structure provides a straightforward way of building your business’ credit history while also giving you a financing resource.

Wells Fargo Business Secured Credit Card
Wells Fargo Business Secured Credit Card
Wells Fargo Business Secured Credit Card

Best for New Businesses With No Credit History and Existing Wells Fargo Customers

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  • Flexibility to choose points systems
  • No annual fee
  • 1.5% cashback on every purchase
  • Minimal benefits
  • Need to create separate savings or checking account

The Wells Fargo Business secured credit card is best for small business owners just starting to build their credit history. While this is a secured credit card, using it responsibly gives you a chance to move up to other unsecured credit cards as Wells Fargo regularly assesses your eligibility.

Ease of Signup

As with other easy business credit cards around, you can apply for this card online. You can also call their customer service hotline to guide you through the process. Prepare information such as business name and tax identification or Social Security Number. To use the secured credit card, you’ll have to open a Wells Fargo checking or savings account, which serves as the credit card’s collateral.

Fees

There’s no annual fee, and the APR is low at 11.90%. No foreign transaction or balance transfer fee is charged.

Rewards and Features

As one of the best credit cards for new businesses with no credit history, its reward structure lets you choose between earning 1.5% cashback on every purchase and gaining one point (equal to one cent) per dollar spent. Choosing the reward points option gives you 1,000 bonus points if you spend $1,000 or more in a billing period.

Customer Satisfaction

Overall, this card is a great and simple solution for you if you’re new to the business and you want to solidify your credit score.

Buyer’s Guide to the Best Business Credit Cards for Bad Credit

Before signing up, consider factors that might affect your credit card experience in the longer term. In this buyer’s guide, we’ll provide tips on how to find the best credit card option.

How to Choose the Right Business Card for Bad Credit

When choosing a business credit card when you have bad credit, the following tips should help you find the one that suits your needs.

Consider Your Credit Score

Be aware of your credit score. Most banks and funding providers prefer customers with good or stellar credit ratings. As such, your credit score greatly affects the perks, features, and benefits you’ll get. On top of that, the top-rated small business credit cards provide better rates and terms for cardholders with stellar credit ratings.

To improve your chances of getting the best terms, try giving your credit score a boost. You can do that by:

  • Disputing errors in your credit report

Check your credit reports thoroughly and dispute any errors. No matter how small, errors can greatly affect your credit rating. You can get free credit reports from the three major credit bureaus: Equifax, Experian, TransUnion. You can get one report every quarter if you play your cards right.

  • Paying off existing debts

This is one of the fastest ways to improve your credit standing. Fewer debts translate to greater credit trustworthiness, giving you better chances to acquire startup business credit cards with bad credit.

  • Limiting applications for new accounts

Limit how often you submit credit applications since each one of them can lead to hard inquiries. One hard inquiry may hurt a little, but multiple ones can have a compounded effect on your score.

In general, the time you need to improve your credit rating depends on what’s hurting it and what you’re doing to rebuild it. If you miss one payment, the damage can be offset easily. But if you miss payments on multiple accounts, then you’ll likely spend a long time rebuilding your score.

Do Your Research

Easy to get business credit cards aren’t hard to find, but you must do your homework. Research each of your options by reading reviews about them — like this one! — or checking out feedback from consumer credit bureaus.

Consider the features you’ll need as well as the fees you’ll shoulder. This may include their APR, fees, bonuses, redemption processes, and others. Gravitate towards one that not only satisfies your current business needs but also your future objectives.

Moreover, when scrutinizing small business credit cards with no credit, check whether the card issuer needs a personal guarantee from you as the business owner. A personal guarantee is a contract that holds you liable for regular payments and fees. Most contracts have personal guarantees regardless of the business’ creditworthiness.

Given that, you must fully understand all the terms outlined in the credit card agreement. If the issuer enacts the personal guarantee provision, then any missed payments or delinquencies could be reported on your credit report, damaging your credit score.

Pick a Credit Card That Matches Your Business’s Needs

Part of doing your research is considering your business needs both current and future. Small business credit cards for poor credit aren’t known for many stellar benefits, but they do offer great deals for businesses that want to build their creditworthiness.

Moreover, different credit cards fit various business types. Some of them are designed for smaller businesses, while others are better for startups. You can also choose among cards that offer non-traditional ways of banking, such as fully online credit cards.

On that note, always read the fine print. Make sure you have a way out or a way to move up, such as transferring from secured cards to unsecured credit cards.

Use Your Card Wisely

After researching business cards for bad personal credit, make a decision; once you have the card, use it wisely! Take advantage of any financial management tools they offer, and take note of important dates and billing cycles — always pay on time.

Remember that while a great business credit card gives cash rewards, you must continue being smart about your expenses. If you fail to use the credit card responsibility, it will reflect on your credit report.

Personal vs Business Credit Cards: What’s The Difference?

Personal and business credit cards for bad credit have a variety of differences, such as:

Credit Limit

Business credit cards have a high credit limit since they consider business revenue, personal income, and credit score. If your revenue is higher than personal income, you’ll gain a higher credit limit with a business credit card than with a personal one.

Promotional APR

0% APR promos typically last longer on personal cards than on business credit cards.

Consumer Protection

Protection laws are generally stricter for personal cards than for small business credit cards for bad credit individuals.

Separate Credit Lines

Personal card usage affects your credit score but not your business credit. Meanwhile, business card usage affects your business score and, depending on business credit card issuers, your cash back credit score.

Reward Categories

Business cards offer a wider variety of reward categories targeted at business-related expenses like office supply purchases and phone bills. Meanwhile, reward categories like travel miles and dining are available on both types of cards.

Perks

When finding easy business credit cards to get, perks are a top attraction. Business cards offer business-related perks like employee cards with no additional costs. This allows your employees to spend on your business account while you track their activity. What’s more, account management tools help your financial management and expense reporting. On top of that, business credit cards offer more lucrative welcome bonuses. Other benefits include higher earning rates and better business-related perks.

Interest Rates

Generally, interest rates are similar among business and personal cards. However, they can vary depending on your credit card provider and your creditworthiness. In general, it’s better to apply for a business credit card since you may qualify even if you don’t own a traditional business.

Secured or Unsecured Business Credit Cards for Bad Credit?

In a nutshell, a secured credit card requires monetary deposits or collateral, while an unsecured credit card doesn’t. Unsecured cards usually have lower interest rates and a high credit limit.

Meanwhile, people use secured credit cards as a tool to boost their credit ratings, especially if they have bad or poor credit scores. Secured cards give banks and business credit card issuers assurances in the form of collateral and a security deposit.

On top of that, the security deposit is refundable. When you eventually pay your balance in full, they’ll give your deposit back. Your on-time payments are reported to credit bureaus, which then take them into account when calculating your credit score.

Secured cards also serve as great business credit cards for new businesses with no credit; they can use such cards as springboards to acquire a secured card once their credit scores are better.

To be fair, secured cards often have smaller credit limits than unsecured credit cards. Usually, the limits are equal to the initial security deposit you put down. Moreover, secured cards often charge a range of fees, such as monthly maintenance, annual fees, and incidentals. Since these aren’t refundable, they can add to the overall cost of the credit card.

Alternatives to Business Credit Cards for Bad Credit

If no business credit card has so far satisfied your business needs, you can try other alternatives, such as:

  • Personal or Business Loans

The search for the most convenient business loans that can fulfil your business needs while also helping you build credit. You can acquire business loans from banks and other providers if you meet their criteria, such as a minimum credit score and income. In case you don’t meet these requirements, loan providers usually allow qualified co-signers to help you meet their standards. The same goes for personal loans; if your co-signer has good credit and a stable source of income, you may acquire better rates and terms.

  • Revolving Credit Facilities

These facilities work similarly with business credit cards for bad credit, minus the actual card. You gain consistent and pre-approved funding that goes straight to your bank account. The payment terms specify your credit limit, which is typically higher than credit cards. However, these facilities charge higher interest rates and commitment fees.

  • Merchant Cash Advances

This option is better for short-term cash requirements. As a revenue loan, merchant cash advance providers look at your recent transactions and lend money based on your revenue. The amount you can borrow is usually small, so they’re not suitable for bigger business growth plans.

  • Invoice Financing

Instead of getting a bad credit business credit card, consider invoice financing if most of your business is paid via invoice. This alternative lets you “sell” your unpaid invoices to a lender who will advance the payments to you. This way, you get paid faster for completed services or goods. Invoice financing lenders are more likely to give you funding since the risk they incur is lower.

  • Crowdfunding

If you don’t want to borrow and you’re confident about your business product, then crowdfunding may be a viable solution. With this method, you go straight to your customers and ask for small investments from people who are interested in your services and products. Rather than getting credit cards for business with no credit, your efforts will go to developing a good marketing campaign — developing videos, ads, and promotions — to get your funding campaign off the ground.

Top-Rated Business Credit Cards for Bad Credit at a Glance

Card APR & Fees Benefits & Rewards Best For
Brex Cash None Greater account control; automated expense management C- and S-corps, LLCs, online-heavy businesses
Amazon Business American Express Card 14.24% APR 5% rewards on eligible purchases OR 90-day 0% APR E-commerce business with Amazon Prime subscription; small businesses using AWS, Whole Foods, and other Amazon-related products
Capital One® Spark® Classic for Business 26.99% APR 1% cashback reward Startups with no credit history and non-cash heavy transactions
Wells Fargo Business Secured Credit Card 11.90% APR 1.5% cashback reward, 1,000 bonus points for $1,000 spend New businesses with no credit history; existing Wells Fargo customers

Wrap Up

Finding the best credit card for a small business with no credit or bad credit can be challenging, but it’s important if you want to secure a stable source of funding for your venture. To find the best one, research your options and consider factors like APRs, fees, rewards, and bonuses. Keep in mind that business credit card usage can affect your personal credit rating, so be wise when choosing and using business credit cards. In the end, the best card is the one you fully understand in terms of features, fees, and credit-building abilities.

FAQ

Can I get a business credit card with bad credit?

Yes, you can. Many business credit card issuers offer credit cards to people with bad credit. You can take advantage of decent credit limits and card features. Many of them also offer great promotions and a no-interest introductory period. More importantly, you can use these credit cards to build up your credit score.

What is the easiest business credit card to get?

Among the easiest business credit cards to get are Capital One Spark Classic and Brex Cash. You can acquire these cards even if you have a poor or bad credit rating. Between the two, Brex Cash charges no fees, and registration happens online, requiring no in-person applications from its customers.

Where can I find business credit cards with no credit check?

You can acquire business credit cards with companies that offer services to individuals with low to fair credit ratings. While they perform credit checks, your score isn’t the deciding factor on whether they’ll approve or reject your credit card application. You’ll also get decent perks such as cashback rewards and bonuses.

How do you apply for a business credit card with bad credit?

You must consider the issuers’ requirements, fees, bonuses, and other features that might be relevant to your business and personal transactions. To get the best business credit cards for bad credit, it’s best to shop around and compare your options. The best one is the one you understand the most!