The best business credit card for a new business isn’t just the offer with the lowest approval standards. Some people might assume otherwise. But neither the age of your business nor its credit standing plays much of a role. It’s your own personal credit standing that really matters. So the best business credit card for a new business venture is one that you can get approved for personally which offers great terms for the types of transactions you expect to be making.
With that in mind, WalletHub’s editors compared 1,000+ offers based on their ability to meet the needs of newly formed companies and their suitability for entrepreneurs of all credit levels. Six offers in particular ultimately rose to the top.
Here are 2017’s best business credit cards for new businesses:
| Best For… | New Business Credit Card | Annual Fee | Minimum Credit Required |
| Cash Back | Capital One® Spark® Cash for Business | $0 first year ($59 after) | Good |
| Travel Rewards | Ink Business Preferred℠ Credit Card | $95 | Excellent |
| Big-Ticket Purchases | Citi® Diamond Preferred® Card | $0 | Good |
| Balance Transfers | Barclaycard Ring™ Mastercard® | $0 | Excellent |
| Building Credit | Capital One® Spark® Classic for Business | $0 | Limited |
| Rebuilding Credit | BBVA Compass Business Secured Credit Card | $0 first year ($40 after) | Bad |
You may have noticed that our editors’ favorite offers include general-consumer cards for financing purposes. That was intentional. Consumer cards not only offer longer 0% introductory terms, but they also protect against arbitrary interest-rate increases far better than business cards.
If you don’t know where your personal credit currently stands, you can check your credit score for free on WalletHub – the only site offering free credit scores and reports that are updated daily. This will help you find the best credit card for your new business and ensure that you’re getting the best deal on your personal loans and lines of credit, too.
