Business Credit Cards

The best business credit card for balance transfers is the Blue Business Plus Credit Card from American Express because it has a 0% balance transfer APR for 15 months and a $0 annual fee. It also gives 2 points per $1 spent on everyday business purchases. But there is a 3% balance transfer fee, with a minimum of $5.

There aren’t many business credit card balance transfer offers with 0% interest rates to choose from. But some that are available, such as the Chase Ink Business Cash and Unlimited cards, offer rewards for business-related spending in addition to a 0% balance transfer APR.

You could also use a personal credit card for a business balance transfer. Just make sure to only put business expenses on the card, or else your bookkeeping will get tricky. The best personal card for a business credit card balance transfer is Chase Slate because it offers 0% for 15 months on transfers, plus a $0 annual fee and $0 balance transfer fee.

Here are the best business credit cards for balance transfers:

• Blue Business Plus Credit Card from American Express: 0% balance transfer APR for 15 months. 3% transfer fee (min. $5). 13.49% - 21.49% (V) regular APR. 2 points per $1 on the first $50,000 spent each year on business purchases. 1 point per $1 on all other purchases. No annual fee. Good credit required.
• Chase Ink Business Cash: 0% balance transfer APR for 12 months. 5% transfer fee (min. $5). 15.24% - 21.24% (V) regular APR. $500 cash back for spending $3,000 in the first 3 months. 2%-5% cash back on select purchases and 1% on other purchases. No annual fee. Good credit required.
• Chase Ink Business Unlimited: 0% balance transfer APR for 12 months. 5% transfer fee (min. $5). 15.24% - 21.24% (V) regular APR. $500 cash back bonus when you spend $3,000 in the first 3 months. 1.5% cash back on all purchases. No annual fee. Good credit required.
• Zions Bank AmaZing Rewards Business: 0% balance transfer APR for 12 months. 3% transfer fee (min. $10). 16.49% (V) regular APR. 100,000 bonus points when you spend $7,500 in the first 90 days. 1-3 points per $1 spent on purchases. No annual fee. Excellent credit required.
• Chase Slate: 0% balance transfer APR for 15 months. $0 transfer fee. 16.99% - 25.74% (V) regular APR. No annual fee. Excellent credit required.
• Citi Simplicity: 0% balance transfer APR for 21 months. 5% transfer fee (min. $5). 16.24% - 26.24%* (V) regular APR. No annual fee. Good credit required.

A business credit card balance transfer allows you to move business debt from one loan or credit card to another credit card. Good balance transfer cards offer an introductory interest rate lower than the regular APR, sometimes as low as 0%. You’ll pay interest at the regular APR on any balance remaining after an introductory APR expires. Keep in mind that in most cases, you’ll be charged a 3%-5% transfer fee on each balance transferred. There are cards that do not charge a transfer fee, but they tend not to offer an introductory balance transfer APR.

Unfortunately, there aren't that many credit cards you can get without a hard inquiry. Some store cards allow this, but that's about it. Your credit score also places you in the "Fair" credit tier, which also limits your business credit card options. Still, you can check out our Editors' Top Picks of the best business credit cards here.

You might also be interested in WalletHub's credit building guide, which will help you on your road to excellent credit.

The best Citizens Bank business credit card is the Everyday Points Business Mastercard because it has a $0 annual fee and offers 2 points per $1 on all purchases. The Citizens Bank Everyday Points card also has a 20,000-point bonus for spending $5,000 in the first 90 days.

The only other Citizens Bank business credit card is the Business Platinum Mastercard, which has no rewards. However, it also has a $0 annual fee and the potential for a lower APR than the Everyday Points card. Its APR range is 10.24% - 21.24% (V), compared to 13.24% - 23.24% (V) for Everyday Points.

Here’s a comparison of the Citizens Bank business credit cards:

• Best for Rewards: Citizens Bank Everyday Points Business Mastercard.
• Best for a Lower APR: Citizens Bank Business Platinum Mastercard.
• Annual fees: $0 for both Citizens Bank business cards.
• Employee card cost: $0 for both Citizens Bank business cards.
• Credit required: Excellent (750+ credit score) for both Citizens Bank business cards.
• Initial bonus: 20,000 points from the Everyday Points card. None from the Platinum Mastercard.
• Ongoing rewards: 2 points per $1 from the Everyday Points card. None from the Platinum Mastercard.
• Intro APR: 0% for 6 months on purchases with the Everyday Points card. 0% for 6 months on purchases with the Platinum Mastercard.
• Regular APR: 13.24% - 23.24% (V) on the Everyday Points card. 10.24% - 21.24% (V) on the Platinum Mastercard.

While both of the Citizens Bank business credit cards have decent terms, they’re not the best offers on the market. There are lots of really rewarding business credit cards available right now.

For example, the Capital One Spark Cash for Business card offers unlimited 2% cash back on all purchases as well as up to $2,000 in initial bonuses. And the Chase Ink Business Preferred card has a sign-up bonus worth $1,000 in travel and gives up to 3 points per $1 on purchases.

The best high limit business credit cards are also the best business credit cards for people with excellent or good credit. The better your credit situation (both personal and business) is, the more responsible you’ll seem to lenders, and the more likely they’ll be to give you a higher credit line. And although there’s no way to know the maximum on these cards (as the companies themselves don’t give such a number), you can find out the minimum credit limit. The list below has some of your best options, along with their minimum limit and a few other facts.

Here are some of the best high limit business credit cards:

• Chase Ink Business Preferred: Minimum credit limit of $5,000, but could start at more than $25,000. 3 points per dollar spent in categories that rotate every year, 1 point per dollar on everything else. $95 annual fee. Requires excellent credit.
• Chase Ink Business Cash: Minimum credit limit of $3,000, but could start at more than $25,000. 5% cash back on your first $25,000 spent at office supply stores and on tv/internet/phone; 2% on your first $25,000 of gas; 1% on everything else. No annual fee. Requires excellent credit.
• Capital One Spark Cash for Business: Minimum credit limit of $2,000. Unlimited 2% cash back on all purchases. $95 annual fee waived first year. Requires good credit.

Depending on how good your credit is, you may receive a lot more than the minimum. Just look at Ink Business Cash. You’re guaranteed $3,000, but if they think you’re creditworthy enough, you can have $25,000+ as your starting limit. Your credit will have to be pretty flawless to attain that though, and you’ll need to show that your income and assets allow you to spend that much. In any case, like most credit cards, business cards will often give you credit limit increases over time if you pay on time. So don’t be late and keep your credit in good shape and you’ll usually see your credit go up over time.

The best credit cards for nonprofits are business credit cards. Nonprofits are eligible for business credit cards because they are entities that can hire employees and receive an Employer Identification Number from the IRS. Andbusiness credit cardstend to have high starting credit limits, lucrative reward rates, and sizeable initial bonuses —bigger than on personal cards. You can get cash to put back into your organization, or use points/miles to help cover work-related travel. But you don’t have to get a business credit card – many nonprofits do use good personal credit cards, like Amex EveryDay, for their expenses. 

Here are the best credit cards for nonprofits:

• Big bonus - Chase Ink Business Preferred: 80,000 bonus points when you spend $5,000 in the first 3 months. That will cover $1,000 in travel expenses or get you $800 cash back. 
  This card is ideal if your employees travel often. 3 points per $1 on your first $150,000 spent in categories that change each year and 1 on everything else. No additional cost for employee cards. $95 annual fee. Excellent credit needed.
• Cash back – Capital One Spark Cash for Business: $500 bonus for spending $4,500 in the first 3 months. 2% cash back on all purchases. 
  This is an easy way to invest money back into your organization. No additional cost for employee cards. $95 annual fee, $0 the first year. Good credit needed.
• Financing – Amex EveryDay: 0% APR on purchases and balance transfers for 15 months (no transfer fee for 60 days). 
  There’s also a 10,000-point bonus for spending $1,000 in the first 3 months, plus 2 points per $1 on $6,000 in supermarket purchases per year (1 on everything else). That’s great for nonprofits who provide food to the needy. 20% more points when you use your card 20 times in a billing cycle. No annual fee. Good credit needed.
• Fair credit – Capital One Spark Classic for Business: 1% cash back on all purchases. No annual fee. No extra cost for employee cards. 
• Bad credit – Discover it Secured: 2% cash back on up to $1,000 in gas station and restaurant purchases per quarter. First year’s cash back matched on your account anniversary. $200 minimum deposit, $2,500 maximum. 
  This lets you set your own spending limit and offers easy approval even if your personal credit isn’t great. No annual fee. 

Business cards reward high spending, allowing you to use your expenses to help your organization. But don’t forget that whether you use a business or personal card, you can get a tax deduction for any interest from business purchases (if your organization isn’t already tax exempt).