Are there any prepaid business credit cards?

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 N/A 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 … read full answerbad-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 Business Credit Cards

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.

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.… read full answer

Note that your personal credit score will still be taken into account, even though you’re applying for a business credit card. The higher your personal score is, and the more income you have relative to your debt, the better your chances of approval will be.

Popular Business Credit Cards by Credit Score Requirement

In general, good-to-excellent credit gets you access to the biggest sign-up bonuses, the highest ongoing rewards rates, and lots of options with no annual fee. People with lower scores will most likely have to choose between low fees and other perks.

Credit card companies rely on personal credit to evaluate business credit card applications because personal credit histories are usually longer. Therefore, they tend to be more predictive. Most credit card companies also consider a business owner’s personal finances to be intertwined with the business. That’s often true, since personal savings are the top source of start-up capital for new businesses.

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.… read full answer

As long as as your personal credit score is at least good (700+) or excellent (750+) and your business is verifiable, you have a good chance of getting approved for a business credit card.

If your credit score isn’t high enough, I’d suggest applying for a secured card like the Wells Fargo Business Secured Credit Card or the BBVA Compass Business Secured Credit Card.