The best business credit card for one company is probably going to be very different than the best card for another. It largely depends on the owner’s personal credit standing and what the card’s going to be used for.
You won’t get approved for a business credit card that requires excellent credit if your personal credit is just fair, for example. That’s true even if your business has a stellar payment history. And you probably don’t want hotel or airline rewards, for instance, if you hardly ever travel for business.
Using those guidelines, WalletHub’s editors compared 1,000+ credit cards based on their minimum credit requirements and major features to find the best offers for the most common business needs. Here are the top small business credit card offers available now.
2018’s Best Small Business Credit Cards
|Best For…||Card Name||Annual Fee||Credit Required|
|Cash Back||Capital One® Spark® Cash for Business||$0 for 1st yr, $95 after||Good|
|Travel Rewards||Ink Business Preferred℠ Credit Card||$95||Excellent|
|Free Hotel Nights||Radisson Business Credit Card||$60||Good|
|Building Credit||Capital One® Spark® Classic for Business||None||Limited History|
|Rebuilding Credit||Wells Fargo Business Secured Credit Card||$25||Bad|
|0% Purchases||HSBC Gold Mastercard® credit card||None||Good|
|Balance Transfers||Chase Slate®||None||Good|
The key to picking the right small business credit card is to know yourself. That includes knowing what types of purchases you’re likely to make, whether you’ll pay your bill in full each month, and what features you need most. You also need to know your personal credit standing. If you don’t, you can check your latest credit score for free on WalletHub.
For more information on the top offers you have to choose from, make sure to check out WalletHub’s complete review of the year’s best business credit cards.