Best Small Business Credit Cards in 2021

Do you want an extra line of credit for your business as well as a convenient form of financial management for company-related spending? This review of the best small business credit cards may have just the solution you’ve been looking for. We’ve curated some of the best options out there to manage your travel, re-supply, entertainment, or other employee expenditures.

In this review, we provide all of the following:

Our Methodology – How we chose the best credit cards for small businesses
 Top 7 review list of credit cards for small business
 What business credit cards are and how they work
 How to apply for a business credit card
 Buyer’s guide for choosing a small business credit card
 Small business credit card FAQs

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Top 7 Small Business Credit Cards in 2021

1. Spark Classic from Capital One

As a free card with no transaction or annual fees as well as a low credit score requirement, the Classic Spark is the ideal employee card for small businesses. The Spark Classic also pays back thanks to a reward program as well as a range of travel benefits. Full Review

  • Decent travel benefits
  • No annual/transaction fees
  • Low credit score requirement
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As a free card with no transaction or annual fees as well as a low credit score requirement, the Classic Spark is the ideal employee card for small businesses. The Spark Classic also pays back thanks to a reward program as well as a range of travel benefits. Full Review

Requirements

★★★★★ 5/5

Benefits

★★★★★ 5/5

Rewards

★★★☆☆ 3/5

Fees & APR

★★★★☆ 4/5

2. JetBlue Business Credit Card

Issued by Barclays, the JetBlue MasterCard is the perfect companion for the frequent flyer. You could earn thousands of dollars a year on tickets, office supplies, restaurants, and other purchases that can be redeemed for other tickets or in-flight luxuries. Full Review

  • No foreign transaction fees
  • Loyalty program with many ways to earn
  • Superb flight-related benefits
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Issued by Barclays, the JetBlue MasterCard is the perfect companion for the frequent flyer. You could earn thousands of dollars a year on tickets, office supplies, restaurants, and other purchases that can be redeemed for other tickets or in-flight luxuries. Full Review

Requirements

★★★★☆ 4/5

Benefits

★★★★★ 5/5

Rewards

★★★★★ 5/5

Fees & APR

★★★★☆ 4/5

3. U.S. Bank Business Platinum Card

Looking for a zero-fee, low APR credit card with one of the US’s most trusted and largest banks? Look no further than the U.S. Bank Platinum business card. Newcomers get a 0% APR introductory grace period with normal rates as low as 9.99%. Full Review

  • No annual fees
  • 0% Introductory APR
  • Low APR rates
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Looking for a zero-fee, low APR credit card with one of the US’s most trusted and largest banks? Look no further than the U.S. Bank Platinum business card. Newcomers get a 0% APR introductory grace period with normal rates as low as 9.99%. Full Review

Requirements

★★★★★ 5/5

Benefits

★★★★☆ 4/5

Rewards

★★★☆☆ 3/5

Fees & APR

★★★★★ 5/5

4. American Express® Business Gold Card

American Express has a reputation for premium, high-limit, and traveler-oriented business cards, and the Business Gold card is no different. Zero transaction fees, low APRs, and superb rewards make this a must-have for the avid business traveler. It’s also available to those without a flawless credit score. Full Review

  • Superb rewards program
  • Zero transaction fees
  • Relatively low APR rate
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American Express has a reputation for premium, high-limit, and traveler-oriented business cards, and the Business Gold card is no different. Zero transaction fees, low APRs, and superb rewards make this a must-have for the avid business traveler. It’s also available to those without a flawless credit score. Full Review

Requirements

★★★★☆ 4/5

Benefits

★★★★☆ 4/5

Rewards

★★★★★ 5/5

Fees & APR

★★★★☆ 4/5

5. Ink Business Preferred® Credit Card

The Ink Business Preferred Credit Card by Chase comes with one of the best rewards programs you’ll find anywhere for small businesses. Redeem points for cash, Apple products, or fund your business travel and enjoy significant bonuses. It also features decent APRs and up to 99 free employee cards. Full Review

  • Comprehensive travel protection coverage
  • No-fee purchase and foreign transaction fees
  • Excellent reward redemption opportunities
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The Ink Business Preferred Credit Card by Chase comes with one of the best rewards programs you’ll find anywhere for small businesses. Redeem points for cash, Apple products, or fund your business travel and enjoy significant bonuses. It also features decent APRs and up to 99 free employee cards. Full Review

Requirements

★★★★★ 5/5

Benefits

★★★★☆ 4/5

Rewards

★★★★★ 5/5

Fees & APR

★★★★☆ 4/5

6. Delta SkyMiles® Platinum Business American Express Card

If you’re a frequent Delta Airlines customer, then the Delta SkyMiles Platinum Business card from American Express might just be the ultimate travel companion. Benefit from amazing travel perks, such as insurance, travel savings, and even an annual companion certificate to take someone with you. Full Review

  • Superb insurance and buyer coverage
  • No transaction fees
  • Annual companion certificate
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If you’re a frequent Delta Airlines customer, then the Delta SkyMiles Platinum Business card from American Express might just be the ultimate travel companion. Benefit from amazing travel perks, such as insurance, travel savings, and even an annual companion certificate to take someone with you. Full Review

Requirements

★★★★☆ 4/5

Benefits

★★★★★ 5/5

Rewards

★★★★☆ 4/5

Fees & APR

★★★☆☆ 3/5

7. Costco Anywhere Visa® Business Card by Citi

If you have a Costco membership, the Costco Anywhere Visa from Citi Bank provides plenty of opportunities for you to earn rewards from all your purchases. Redeem it for cash or Costco purchases to stock up your business. With no annual fee and low APRs, you have lots to gain. Full Review

  • No annual/transaction fees
  • Diverse opportunities to earn points
  • Redeem points for cash or to purchase Costco goods
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If you have a Costco membership, the Costco Anywhere Visa from Citi Bank provides plenty of opportunities for you to earn rewards from all your purchases. Redeem it for cash or Costco purchases to stock up your business. With no annual fee and low APRs, you have lots to gain. Full Review

Requirements

★★★☆☆ 3/5

Benefits

★★★★★ 5/5

Rewards

★★★★☆ 4/5

Fees & APR

★★★★★ 5/5

How We Created This List – Our Methodology

Choosing from among the best small business credit card offers is no simple matter. There are a lot of factors to consider in terms of requirements, fine print, and perks or benefits they offer. We’ve done most of the hard work by comparing the most important considerations between some of the top picks for small business credit cards.

  • APR, Annual Fee.

One of the most important considerations for anyone is the costs associated with a card. You don’t want to be subject to extremely high-interest rates if you do use your credit. Cards can also range from free to hundreds of dollars a year and that affects their affordability.

  • Transaction Fees.

Most credit cards come with fees attached to some or all transactions. This is typically the highest between a percentage or dollar amount (in the range of 3% to 10% or $3 to $10). Many cards offer free transactions where balance transfers and cash advances are usually charged.

  • Bonuses and Reward Programs.

Most cards reward you with a minimum of 1% for any purchase with the card. However, depending on the particular reward program, you might get more for spending in a particular way. We also looked at the variety and quality of redemption options. Some limit you to only get rewarded for air travel, for example, while others allow cash back requests or product redemptions – similar to a loyalty program. Any T&Cs, such as point limits or expiration dates, are also considered. We also look at the best small business credit card bonus each option has to offer that can boost your earnings.

  • Customer Reviews.

Particularly when it comes to supporting, dispute arbitration, or customer experience, you won’t know what you’re getting into ahead of time. In this case, it’s helpful to look at customer reviews to get an idea of what others experienced and what you might expect.

Detailed Reviews

Spark Classic from Capital One
Spark Classic from Capital One

Best Low-Credit Score Small Business Credit Card

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  • Free card/replacements
  • Decent travel benefits
  • No annual/transaction fees
  • Low credit score requirement
  • Standard APR is high
  • Relatively low reward rate
  • Few bonuses/extra features

The Spark Classic is a totally free small business credit card with a “FAIR” credit score requirement. Because it’s so accessible and affordable, the Spark Classic is one of the best business credit cards for startups. Each card comes with all the basics, like an online banking account, yearly summaries, automatic payments, notifications, and transaction details.

Other benefits include rental collision coverage, no foreign exchange fees, extra travel miles, and emergency services. Perfect for the traveling businessman.

To help small business owners keep their business lean, the Spark Classic comes with no annual fees. There are also 0% transaction fees, although cash advances do come with a $10 or 3% fee, whichever is higher.

The Spark Classic’s reward program is extremely straightforward. You get 1.2% cashback on all your net purchases from any merchants. Your rewards never expire, and there’s no limit. You can make a request to withdraw your cash reward whenever you reach a specific threshold, starting at $25. Or, you can set up automatic redemption whenever you trigger a threshold.

Unfortunately, Spark One is not a low-interest small business credit card as Capital One levies a 26.99% APR on credit purchases. Penalty fees for late-payments may be up to $39, and the penalty APR is 29.4%.

The Spark Classic is a relatively straightforward credit card. There aren’t many extra features. Once again, this makes it a good choice as an employee spending card, although it might not be suitable for everyone – or as your main business card.

Annual Fee $0
Regular APR 26.99%
Min Credit Score Fair (600+)
JetBlue Business Credit Card
JetBlue Business Credit Card

Best Reward Credit Cards for Small Business

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  • Superb flight-related benefits
  • No foreign transaction fees
  • Loyalty program with many ways to earn
  • Limited redemption options (mostly flights)
  • Strict credit score requirements
  • Annual and transaction fees

JetBlue might be best known as a major American low-cost airline. However, they also provide Barclay’s-issued credit cards with tons of benefits for their business travel customers. If you’re a JetBlue frequent flyer, this is one of the best business credit cards for travel.

As you might guess, most of the JetBlue Business Credit Card’s benefits are tied in with their airline service. You earn 6 points for every $1 spent directly with JetBlue for flights, services, or products and another 2 points for purchases at eligible restaurants and office supply stores. Via other merchants, you can still earn 1 point.

JetBlue’s annual account fees are relatively high at $99. There are also transaction fees of $5 for balance transfers and $10 for cash advances (or 3%, whichever is higher). That said, there are no extra fees for foreign transactions.

A number of other bonus point opportunities are available for spending with your new card as well as for each anniversary of your account. Free checked baggage, in-flight savings, and more are all included. Points don’t expire, and you can even pool them with relatives. With up to 100,000 points in bonuses and a $0.011 point value, you can earn $1,000+ in rewards a year. In terms of rewards, this is one of the best small business credit card offers.

JetBlue takes the applicant’s credit history into account when calculating the APR. If you have a good score, you can look forward to a very low rate, although even the highest rate is relatively good.

Annual Fee $99
Regular APR 15.99% or 24.99% – depending on credit score (25.24% for cash advance)
Min Credit Score Good/Excellent (700+)
U.S. Bank Business Platinum Card
U.S. Bank Business Platinum Card

Best 0%/Low Apr Small Business Credit Card

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  • Low APR rates
  • No annual fees
  • 0% Introductory APR
  • No rewards program
  • Balance transfer and local and foreign transaction fees

Among U.S. Bank’s three options for business card applicants, the Platinum card is the low-interest, zero-fee offer, making it one of our top picks for the best small business credit cards in 2020. Unfortunately, that also means this card doesn’t qualify for any of their other reward programs, although it does come with significant savings.

There’s no obstacle to issuing multiple cards with $0 annual fees. Another welcome benefit for new card owners is the 0% APR, valid for the first 15 business cycles to give you some breathing room to enjoy the new card. After that, the APR stays at a relatively low 9.99%-17.99% with a 24 to 30-day grace period.

If that sounds too good to be true, it is balanced out by the fact that fees apply to most transactions. Balance transfers incur a 3% (minimum $5 fee), while others, such as cash advances, incur a 5% (minimum $10) fee. Foreign transactions also come with a 3% fee.

Like most other cards, certain penalty fees also apply for late payments of between $19 and $39.

Employers can set a spending limit as well as where and when spending can occur which is an extra level of reassurance when you issue employee cards. It’s also worth pointing out that U.S. Bank offers 24/7 customer support to Platinum cardholders, which isn’t available with most other banks. However, with no perks or benefits, it’s not one of the best credit cards for travel.

Annual Fee $0
Regular APR 0% introductory APR
9.99% to 17.99% thereafter
23.99% for cash advance
Min Credit Score Excellent (800+)
American Express® Business Gold Card
American Express® Business Gold Card

Best Small Business Credit Card for International Travel

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  • Free employee cards
  • Superb rewards program
  • Zero transaction fees
  • Relatively low APR rate
  • Very high annual fee
  • Limited redemption options

At $295 annually, the American Express Business Gold Card is not the cheapest. However, we are talking about American Express, one of the premier banking institutions worldwide. The card itself also comes with a host of benefits that will go some way to paying off your costs. With a 30-second decision-time, it’s one of the few small business credit cards with instant approval.

Based on your creditworthiness, this card comes with an APR rate of between 14.24% and 22.24%, below the market average.

There are no limits on how to earn reward points, with all transactions being eligible. With the welcome offer, you can earn 50,000 bonus points if you spend $5,000 within the first three months. You also get 2.5 back with every ten you spend on airline travel. American Express will award you with 4x points in your top 2 spending categories.

Your Business Gold Card purchases even come with extended warranties as well as purchase protection (up to $1,000 per occurrence/$50,000 per cardholder).

American Express has always been a globetrotter’s choice, with good reason. Hotel credits, room upgrades, zero foreign transaction fees, travel assistance hotline, or even baggage, trip delay, or rental damage insurance are also available. Not to mention 24/7 customer support. It’s another one of the best business credit cards for travel from American Express.

As a small business owner, you can also add additional employee cards under your account with 0% annual fees.

Annual Fee $295 ($0 for employee cards)
Regular APR 14.22% to 22.24%
Min Credit Score Good (670+)
Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card

Best Small Business Credit Card Reward Program for High Spenders

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  • No-fee purchase and foreign transaction fees
  • Balance transfer and local and foreign transaction fees
  • Excellent reward redemption opportunities
  • Comprehensive travel protection coverage
  • High spending needed for bonus points

Like many other premier business cards, the Ink Business Preferred comes with an annual fee of $95. However, you can register additional employee cards (up to 99) completely free.

The account comes with a credit-history-sensitive APR of between 15.99% and 20.99%, so it can be considered a low-interest small business credit card. While there are balance transfer fees, whichever is higher between 5% or $5, purchase and foreign transactions are free.

The credit card comes with a relatively standard reward program whereby you earn 1% of your purchase value in points. During anniversary years, you get 3x points for the first $150,000 spent. Most purchasing transactions apply, except for gambling-related expenses.

The Ink card comes with a welcome bonus, entitling you to 100,000 bonus points if you spend $15,000 in the first three months. Normally, 100 points are equal to $1, meaning you could earn an extra $1,000. However, under the bonus conditions, every point is worth 25% more when booking travel via Chase Ultimate Rewards. In other words, you’ll get $1.25 of value for every 100 points.

While Chase Ultimate Rewards is the preferred path to redeem your points, you can also convert them to reward points with other eligible partners for Apple purchases or gift cards. It’s also one of the best business credit cards for cashback rewards. However, the greatest benefits are travel-related, even including purchase protection.

Annual Fee $95
Regular APR 15.99% to 20.99%
24.99% for cash advance
Min Credit Score Excellent (800+)
Delta SkyMiles® Platinum Business American Express Card
Delta SkyMiles® Platinum Business American Express Card

Best Small Business Credit Card for Frequent Flyer Rewards

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  • Annual companion certificate
  • Superb insurance and buyer coverage
  • No transaction fees
  • Relatively high standard and penalty APRs
  • High annual fee
  • Rewards only for Delta SkyMiles

As the name suggests, the Delta SkyMiles card by American Express is geared towards rewarding individuals who regularly use their business cards for work-related travel. The card itself comes with an annual fee of $250, although you can register additional employee cards for free.

While not out of the ordinary, an APR of 15.74% to 24.74% (depending on your credit score) is decent. This is one of the best business credit cards for balance transfers with no costs attached.

Just some of the most outstanding perks you’ll receive are priority flight boarding, free checked baggage, extra Medallion® Qualification Miles, and up to 20% in-flight savings for Delta flights. You’ll also be eligible for travel insurance, including trip-delay, car rental damage, and baggage. Not to mention purchase protection for up to an incredible $10,000 per occurrence.

As part of their introductory offer, you get 45,000 Bonus Miles and 5,000 Medallion if you spend $3,000 in the first three months. You also get a $100 statement credit with your first purchase. That said, the rewards and benefits of using this card are mostly travel-related (specifically, Delta Airlines) and not very useful if you’re not a frequent flyer.

You should also factor in that you get access to American Express’ top-flight financial management tools, including a mobile banking app and yearly statements, as well as 24/7 customer support. The annual free ticket is one of the best credit cards for business trip benefits you’ll find anywhere.

Annual Fee $250
Regular APR 15.74% to 24.74%
25.24% for cash advance
Min Credit Score Good (700+)
Costco Anywhere Visa® Business Card by Citi
Costco Anywhere Visa® Business Card by Citi

Best Small Business Credit Cards With No Annual Fee/Transaction Fees

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  • No annual/transaction fees
  • Diverse opportunities to earn points
  • Costco membership is required
  • Can only redeem once a year
  • Credit reward certificate can expire
  • Redeem points for cash or to purchase Costco goods

The Costco Anywhere Visa is the only business credit card made exclusively for Costco members, and a Costco membership is required to apply for this card. As a result, you can get up to 4% cash back when buying at Costco; however, you can earn rewards anywhere else where Visa is accepted. Best of all, this card is completely free with no annual cost, making it one of the best credit cards for small business.

Other ways to earn rewards are on eligible gas purchases worldwide (4%), restaurants and travel (3%), 2% on other Costco purchases, and 1% at all other merchants. Rewards can be redeemed annually as a straight credit reward certificate or to buy goods from Costco warehouses.

Other Citi card benefits include special access to entertainment tickets, purchase protection, extended warranties, etc. These also make it a great choice as small business credit cards for rewarding employees.

The Costco Anywhere Visa has a relatively low APR of only 15.24%. There are no other transaction fees (except for cash advances), even for foreign purchases.

As Costco is a popular wholesale supplier of just about any type of product in the US, this card is an attractive option if you frequently buy office supplies, equipment, etc., from them for your business. Although a Costco membership is required, it’s great that you can also earn for purchases outside of Costco via the loyalty program. The option to redeem cash instead of being forced to spend points is also always welcome.

One of the only downsides is the relatively high credit score required to qualify for this card. You also need to keep your credit reward certificate in mind as it expires on 31 December each year.

Annual Fee $0
Regular APR 15.24%
Min Credit Score Excellent (800+)

Small Business Credit Cards – Buyer’s Guide

Whenever you make a decision that affects your company’s finances, it should be taken very seriously. Getting new small business credit cards will not only affect your day-to-day operations but might also affect your company’s (and your own) financial standing with banks in the future.

How to Choose a Small Business Credit Card

By following these guidelines, you can make a prudent decision for your business:

Purpose

The main purpose of a business credit card is to make company-related spending by employees easier. This can be travel, supply, entertainment, or equipment-related. Different cards may come with better benefits/rewards for different types of expenditures. A card may even be tied to spending with a particular brand.

Income threshold

For some cards, you will need to prove a certain level of income for yourself/your business in order to be eligible. It’s important that you’re truthful because not being able to uphold that income in the future could jeopardize your account.

Bank requirements

As mentioned above, different banks, and even different cards from the same bank, have different qualifying criteria. As an applicant, you will need to have low credit risk and be in good financial standing. The better the credit score, usually the lower the interest charges you will get.

Annual fees

Typical annual fees range anywhere from $90 to $300. However, many small business credit cards are also free. Even paid cards typically allow you to add employee cards for free. However, if you’re on a budget, you’ll need to carefully consider how much you are willing to pay for any potential benefits a card might provide.

Rewards and Benefits

To assess the usefulness of rewards and benefits tied to a card, you will first need to look at your spending habits. For example, your employees might frequently go on work-related trips. In this case, you will want to look at the business credit cards for travel. Others operate like a loyalty program for specific wholesale suppliers, like Costco. Or, you could go for more general reward programs like that of Spark Classic (although reward rates are typically lower). You will also need to consider your spending level, as some reward programs are only worth it above a certain minimum expenditure.

Additional perks and advantages

Like other credit cards, business cards can also come with perks like insurance, buyer protection, credit card fraud prevention, etc. Cards differ in the minimum coverage they provide. Travel-orientated cards will also typically offer more travel-related coverage. Premier cards like American Express can even provide lounge access or concierge services.

Small Business Credit Card vs Debit Card

The main difference between a credit card and a debit card is that the former allows you to spend money you might not have right now. This provides you with a direct line of credit (up to a certain amount) that you can tap into at any time. A debit card only allows you to spend whatever balance you currently have in the bank. With high-limit small business credit cards, you can think of it as small business credit card loans.

The benefits of debit cards are that it makes it harder to accidentally overspend or rack up debt. You’ll also avoid having to pay interest charges, accruing fees for missed repayments, etc. That said, debit cards typically don’t come with good reward programs or perks, and you have to make sure that you have a positive balance at all times, or the card becomes useless. Debit cards also can’t be used to build a credit history. Although credit card fraud seems more pervasive, credit cards actually feature better fraud prevention and remediation.

Credit cards require you to keep better track of your employees’ spending, especially with new small business credit cards. You also need to manage your finances carefully to avoid bad credit. You need a great amount of trust between employer and employees. However, the additional benefits and perks are worth it and usually pay back any cost of the card – if used correctly.

What Is a Business Credit Card? How Do Business Credit Cards Work?

A business credit card is basically a normal credit card with a number of features that make it more useful in a business context. The main benefit for businesses is a quick and easy revolving credit within set limits. Many see it almost as small business credit card loans. A business credit card looks and functions the same as other credit cards and is also associated with a bank account.

One of the biggest differences between business and normal credit cards is the ability to register multiple employee cards that share the same account – often at no additional cost. This makes it easy to issue multiple company cards to employees for company-related spending.

The main account holder can use financial management tools to control where, how much, and when employees can use the cards. It also gives them access to account-wide credit reports and spending information for keeping track of expenses.

The top small business credit card companies tailor benefits, rates, and reward programs towards businesses as well. For example, many business credit cards have benefit and reward programs that tie in with airlines for business-related travel expenses, insurance, etc. To that effect, even some airlines offer small business credit cards in collaboration with financial/banking institutions. In these cases, you usually have to use the relevant card at that specific airline for benefits/rewards.

Business cards also generally come with higher credit limits and lower APR rates. Typically, the main applicant’s credit score is taken into account when issuing the credit card, and they are ultimately held responsible for any debt – not the business itself. Like other credit cards, there may be an annual account fee as well as transaction, cash advance, and foreign transaction fees.

Although a credit card is quicker and easier to obtain and more convenient to use than a small business loan, the credit rates tend to be significantly higher. A business credit card is meant for situations where you need a solution for ongoing spending. It’s not always the right choice if you want to build up your credit score, as business cards are typically not taken into account for individuals.

Small Business Credit Cards – How to Apply

The first thing you need to do before applying for a card is to make sure that you meet the requirements. The most basic is a suitable credit score as there are virtually no startup business credit cards with no credit check. The most widely used model to categorize credit scores is the FICO score model. It breaks credit scores down into five levels, from FAIR to EXCELLENT, on a scale between 300 and 850.

Most business credit cards require a minimum score of GOOD (around 700). There usually isn’t an exact figure, but you need to be within a suitable range, and then discretion is up to the bank to approve or deny your application.

Usually, the higher the requirement, the lower your APR will be as the bank will see you as less of a credit risk.

Other possible requirements/limitations include:

  • Some banks won’t issue cards to non-profits or sole proprietorships
  • Businesses/business owners in certain industries might not be eligible
  • Other criteria, like experience, how long the business has been in operation, income level, etc.

It’s important to note that, with most cards, the individual applicant is assessed according to their credit score, income, etc., as well as the business. Any outstanding debt might also count against you. It’s also not generally advised to use small business credit cards to build credit.

If you meet the basic requirements, applying for a business credit card is not very different from a normal one. You will need to provide and verify your personal information, including contact and address information.

However, you will need to produce a lot more information on your line of work or business that will be used to evaluate your location. For example, your business’ legal structure, EIN, age, ownership type, revenue, average spending, etc.

2021’s Best Small Business Credit Cards at a Glance

Key Takeouts

Credit cards aimed specifically at small businesses are a great way to solve a number of logistic problems in one solution. You get a convenient extra line of credit, can monitor your accounts’ usage, and earn rewards for spending on business-necessary expenditures.

However, you have to make sure that you choose the best small business credit cards for your particular business to get the most out of it. By taking into account where and how you and your employees usually spend business funds, you can reap amazing rewards and save a lot of money.

FAQ

What is the easiest business credit card to get?

Applying for a small business credit card is not that much harder than applying for any other credit card. However, the lowest credit score banks are willing to accept is typically around 600 (FAIR). Your business also needs to be eligible, with both you and the business being in good financial standing.

What is the best credit card for small business in 2021?

The answer to this depends on what your typical business-related expenses are, if you need employee cards, and what rewards or perks you value in a credit card. For example, some cards are better for travel-related expenses and others for office supplies.

Should I get a small business credit card?

In most cases, a small business credit card can’t do any harm. Unless you run a sole proprietorship or non-profit, most owners open a business-specific bank account anyway. In this case, a credit card can give you access to more liquidity. However, you need to take the responsibility seriously, starting by choosing the best small business credit cards for your business.