So our editors compared both kinds of offers to identify the best secured credit cards for small business owners of all types. You can find their selections listed by main feature below.
Here are 2018’s best secured business credit cards:
|Best Secured Business Credit Card For…||Card Name||One-Time Fee||Annual Fee||Minimum Deposit||Editors’ Rating|
|Business Features||Wells Fargo Business Secured Credit Card||N/A||$25||$500||N/A|
|Rewards||BBVA Compass Business Secured Credit Card||N/A||None 1st yr, $40 after||$500||N/A|
|International Travel||Capital One® Secured Mastercard®||N/A||None||$49, $99 or $200||5.0 / 5|
|Recent Bankruptcy||OpenSky® Secured Visa® Credit Card||N/A||$35||$200||4.0 / 5|
Your goal in finding a secured business credit card, other than minimizing refundable fees, should be to graduate to a higher credit tier and a better offer as quickly as possible. To do that, you must use your card responsibly – by making on-time payments and keeping your credit utilization low – and keep tabs on your credit score.