Maria Adams, Credit Cards Moderator
@m_adams
The easiest business credit card to get is the Business Advantage Unlimited Cash Rewards Secured credit card because it accepts applicants with bad credit. This card also rewards cardholders with 1.5% cash back on all purchases and has a $0 annual fee. A minimum security deposit of $1000 is required, though.
In general, the easiest credit cards for a business to get require bad-to-fair credit for approval. It’s also worth noting that while you must have a business to get most of these cards, your personal credit history matters a lot more than your company’s credit standing.
Easy Approval Credit Cards for Business
- Bad Credit: Business Advantage Unlimited Cash Rewards Secured credit cardBusiness Advantage Unlimited Cash Rewards Secured credit cardLearn MoreLearn More
- Limited Credit: Capital One Spark Classic for BusinessCapital One Spark Classic for BusinessLearn MoreLearn More
- Startups: Brex Corporate Card for StartupsBrex Corporate Card for StartupsLearn MoreLearn Moreon issuer's website
- Fair Credit: Credit One Bank® Platinum Visa®Credit One Bank® Platinum Visa®Learn MoreLearn Moreon issuer's website
- Office Supplies: Office Depot Business Credit CardOffice Depot Business Credit CardLearn MoreLearn More
- High Approval Odds for Business Owners: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website
As you can see, there are a few easy approval business credit cards available, so you shouldn’t let limited or damaged credit prevent you from getting the card your business needs. Also, remember that if you pay your bills on time and keep your credit utilization ratio low, your credit should steadily improve over time.
OpenSky® Secured Visa® Credit Card
Justine Browns, Member
@justine_browns
I think the easiest one to get is the Capital One Spark Classic for Business. Especially if you have limited credit. It doesn’t have an annual fee or foreign transaction fees, and you earn 1% cash back on every purchase. And the best part is that it helps you build business credit, provided you use it responsibly.
Joshua Torrez, Member
@torrez_joshua
The easiest one I think would be the Wells Fargo secured business card. Obviously, the fact that it's secured makes it much easier to get approved for, since you'll be basically borrowing from your own money. The downside is (as it is for most started business cards) they'll pull your personal report, not the one assigned to the company.
People also ask
What credit score do you need for a business credit card?
You need a credit score of 700 or higher to get the best business credit cards. Although the top business credit cards usually require at least good credit for approval, there are still options for small business owners with fair, limited, or bad credit. In other words, you can get a business credit card with pretty much any credit score, though the most attractive offers are reserved for the most creditworthy applicants.
Note that your personal credit...
read full answerIs it hard to get a business credit card?
It isn’t hard to get a business credit card. You can apply for one even if you have a new business without any employees, since these cards don’t require a minimum revenue or time in business for you to qualify.
Some sort of self-employment business income is enough to qualify you for a small business card.
As long as as your personal credit score is at least good (700+) or excellent (750+) and...
read full answerIs it easier to qualify for a business credit card?
No, it’s not easier to qualify for a business credit card than it is to qualify for a regular credit card because you need to represent a business, in addition to meeting the standard approval requirements for a credit card. Plus, there aren’t many choices available for business owners with low credit scores. Most business credit cards require a personal credit score of at least 700, along with enough income to afford the monthly payments.
... read full answer
Joseph A Gotay-Araud, Owner
@jgotay_araud
Bank of America Small Business Reward MC
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