10 Best Business Credit Cards With No Annual Fee
This article is part of a larger series onBest Small Business Credit Cards.
Editor’s note:This is a recurring post with regularly updated card details.
The best business credit cards with no annual fee offer features that allow you to save more money. When choosing a business card with no annual fee, it’s important to ensure that it rewards spend categories that align with your recurring expenses. Also, consider its introductory annual percentage rates (APRs), introductory bonuses, ongoing rewards, other fees, and additional perks.
Here are the 10 best business credit cards with no annual fee:
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard®:Best overall business credit card with no annual fee
- Chase Ink Business Unlimited®:Best for easy unlimited rewards
- American Express Blue Business CashTM:Best for earning cash back with flexible buying power
- Bank of America Business Advantage Customized Cash Rewards:Best for earning cash back in your chosen category
- 追逐墨水业务现金®:Best for spending on office essentials
- American Express Blue Business® Plus:Best for earning points rewards with flexible credit limit
- Bank of America Business Advantage Travel Rewards World Mastercard®:Best for earning travel rewards
- PNC Cash Rewards® Visa Signature® Business Credit Card:Best for lowest starting APR
- Capital One® Spark® Classic for Business:Best for business owners with fair credit
- Wells Fargo Business Secured Credit Card:Best for business owners with low credit
Benefits of Cards that Charge an Annual Fee
Avoiding the cost of an annual fee makes sense when you want to save money, but to make an informed decision, you should still consider the benefits of cards with annual fees. These tend to offer richer rewards, which usually offset the annual fee’s cost after a few purchases. They even provide shopping and travel perks, such as exclusive dining experiences, access to airport lounges, and discounts on flights, hotels, rental cars, and restaurants.
To see how these cards stack up against others we reviewed on our site, clickAdd to Compareon a card below and select up to two additional cards for comparison.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: Best Business Credit Card With No Annual Fee
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- elig获得3%的现金返还ible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver:当你租一辆车使用你的美国银行信贷card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- elig获得3%的现金返还ible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 18.99% - 27.99%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver:当你租一辆车使用你的美国银行信贷card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
Why we like it:TheU.S. Bank Business Triple Cash Rewards World Elite Mastercard®is our best overall business credit card with no annual fee because it offers several ways to save money. For instance, if you plan to make a large purchase or transfer a balance from another card, you can take advantage of the 0% APR period for 15 billing cycles. This allows you to pay off your balance for 15 months without paying interest. Because of this, theU.S. Bank Business Triple Cash Rewards World Elite Mastercard®is one of the top-recommendedbusiness credit cards for balance transfers.
In addition, if you can spend at least $4,500 within 150 days after opening an account, you’ll earn a $500 bonus cash back. You can also benefit from lucrative ongoing rewards, such as 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center, and 3% cash back at eligible gas stations, restaurants, mobile phone service providers, and office supply stores. Plus, you’ll earn 1% cash back on all other purchases. Its great cash back offerings make it one of ourleading credit cards for limited liability companies (LLCs).
It’s worth noting that there’s no limit on the total rewards you can earn and there’s no expiration as long as your account remains open and in good standing. You can use your cash back as a statement credit or receive it as a deposit to your U.S. Bank business checking, savings, or money market account. Additionally, if you pay for recurring software subscription expenses, such as FreshBooks orQuickBooks, you can earn a $100 statement credit annually.
Chase Ink Business Unlimited®: Best for Easy Unlimited Rewards
Why we like it:TheChase Ink Business Unlimited®公关卡提供了一个简单和直接的回报ogram: you’ll earn 1.5% fixed rate cash back for every dollar spent on any business-related purchase. There are no limits to the amount of cash back you can earn, and no spend categories to keep track of. If you spend $6,000 in the first three months of card ownership, you’ll earn a $750 bonus cash back. You can redeem your rewards as a statement credit, or use them for gift cards, travel, or Apple® products. For these reasons, it’s our top pick for thebest business credit cards for sole proprietors.
You can also benefit from zero-interest financing on purchases for the first 12 months of card ownership. However, it’s important to note that, unlike theU.S. Bank Business Triple Cash Rewards World Elite Mastercard®, this 0% APR period doesn’t apply to balance transfers.
TheChase Ink Business Unlimited®is also an excellent option if you’re a new business with no business credit history as long as you have a good to excellent personal credit score. It’s our top choice for theleading credit cards for new businesses with no credit historybecause of its simple rewards program and generous sign-up bonus.
American Express Blue Business CashTM: Best for Earning Cash Back With Flexible Buying Power
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
- 介绍4月0.0%购买的12个月date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power:Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and helps get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts to your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance:As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- 介绍4月0.0%购买的12个月date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power:Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and helps get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts to your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance:As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Why we like it:TheAmerican Express Blue Business CashTMoffers 2% cash back on any business purchase up to $50,000 each calendar year, then 1% cash back thereafter. In addition, you’ll receive a $250 bonus cash back after spending $3,000 in the first three months after opening an account. Cash back is credited to your statement automatically, and there’s no minimum reward amount to redeem—for these reasons, this card is ourbest overall cash back business credit card.
Furthermore, it features expanded buying power, which allows you to spend over your credit limit when you need to. The amount you can spend adjusts based on your card usage, payment behavior, and financial information.
TheAmerican Express Blue Business CashTMalso offers a 0% introductory APR on purchases for the first 12 months of card ownership. Similar to theChase Ink Business Unlimited®, the interest-free financing option doesn’t apply to balance transfers. It’s our pick for thebest overall business credit card for self-employedbusiness owners because of its generous yet simple rewards program that doesn’t require you to monitor spending categories.
Bank of America Business Advantage Customized Cash Rewards: Best for Earning Cash Back in Your Chosen Category
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
BEST FOR:
Those wanting to earn 3% cash back in a spending category of your choice
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee
- 选择如何deposi赎回你的现金奖励t into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.24% to 28.24% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score:Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection:防止未经授权的交易。Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring:Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
9 billing cycles
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee
- 选择如何deposi赎回你的现金奖励t into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.24% to 28.24% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score:Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection:防止未经授权的交易。Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring:Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
Why we like it:If you have significant expenses in certain spending categories, including gas, office supplies, travel, telecommunication, computer, and business consulting services, theBusiness Advantage Customized Cash Rewardscard is an excellent choice. It allows you to choose the category where you spend the most, from which you’ll earn 3% cash back. Plus, you’ll earn 2% cash back on dining and 1% cash back on all other expenses.
In addition, you’ll get a $300 statement credit after making at least $3,000 in purchases in the first 90 days after opening an account. You can also enjoy interest-free financing on purchases for the first nine billing cycles. Plus, if you have a business checking account with Bank of America and qualify for the highest Preferred Rewards for Business tier, Platinum Honors, you’ll earn 75% more points.
Keep in mind that the 3% and 2% cash back offered by theBusiness Advantage Customized Cash Rewardsonly applies to the first $50,000 combined purchases each calendar year. When the cap is met, you’ll earn 1%.
追逐墨水业务现金®: Best for Spending on Office Essentials
Why we like it:With the追逐墨水业务现金®,you can save on office supplies and internet, cable, and phone services by earning 5% cash back on all of these items, up to $25,000 each account anniversary year. You can also earn 2% cash back on the first $25,000 spent at gas stations and restaurants, then 1% cash back on all other expenses.
Similar toChase Ink Business Unlimited®, you’ll receive $750 cash back when you spend $6,000 in the first three months of card ownership. Plus, you’ll also enjoy zero-interest financing on purchases for the first 12 months.
Its lucrative rewards made the追逐墨水业务现金®cardone of our top choices for thebest cash back business credit cards. It’s also our leading credit card forLLCsandnonprofits, and one of ourtop picks for real estate agents. You can redeem your rewards as a statement credit, gift cards, travel, or Apple® products.
American Express Blue Business® Plus: Best for Earning Points Rewards With Flexible Credit Limit
The Blue Business® Plus Credit Card from American Express
BEST FOR:
Pocketing 2x points per $1 and 0% introductory APR for 12 months
- 介绍4月0.0%购买的12个月date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power:The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection:Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection:American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
- 介绍4月0.0%购买的12个月date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Expanded buying power:The card lets you spend beyond your credit limit through this feature. The amount you can spend above your credit limit adjusts with your card usage, payment history, credit record, financial resources, and other factors.
- Purchase protection:Items purchased using this card are covered in case they’re damaged or stolen within 90 days of the date of purchase. American Express will reimburse you for the amount charged to your eligible card, up to $1,000 per claim and $50,000 per cardmember, per year.
- Extended warranty protection:American Express provides cardholders with an extended warranty for one additional year, which applies to items with original manufacturer warranties of five years or less.
Why we like it:TheAmerican Express Blue Business® Plus cardis almost similar to theAmerican Express Blue Business CashTMbut, instead, of cash back, you’ll earn points rewards. It offers 2x points per dollar on the first $50,000 spent on any business purchase each year, then 1x points after that.
TheAmerican Express Blue Business® Plus cardalso offers zero-interest financing on purchases for the first 12 months.
In addition, it also features expanded buying power, which lets you spend beyond your credit limit. Your credit limit adjusts based on your spending habits, payment history, credit score, and financial resources. This is one of the reasons why both the American Express Blue Business CashTMand American Express Blue Business® Plus cards are among thebest business credit cards for startups.
Bank of America Business Advantage Travel Rewards World Mastercard®: Best For Earning Travel Rewards
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend.
- No limit to the amount of points you can earn and points don't expire.
- You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.24% to 28.24% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- No annual fee:By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel:You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel:You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points:If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel:While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period:This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers:The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend.
- No limit to the amount of points you can earn and points don't expire.
- You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.24% to 28.24% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- No annual fee:By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel:You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel:You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points:If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel:While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period:This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers:The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Why we like it:If you travel for business often, theBank of America Business Advantage Travel Rewards World Mastercard®is an excellent option because it allows you to earn unlimited rewards that can be redeemed for travel or travel credit. Earn 1.5x points for every dollar you spend on all purchases, and 3x points per every dollar spent when you book car rentals, hotel stays, and flights through the Bank of America® Travel Center.
You can also earn 30,000 bonus points after making at least $3,000 in purchases within the first 90 days after opening an account. Moreover, you can enjoy interest-free financing on purchases for the first nine billing cycles. Plus, you’ll get up to 75% more points if you have a business checking account with Bank of America® and qualify for Preferred Rewards for Business membership.
If you don’t want to redeem your points for travel, you have the option to use your rewards as a statement credit, a deposit into your Bank of America checking or savings account, or a check by mail. TheBank of America Business Advantage Travel Rewards World Mastercard®is one of ourbest business credit cards for travel因为它没有外国的交易费和指控comes with a low starting APR.
PNC Cash Rewards® Visa Signature® Business Credit Card: Best for Lowest Starting APR
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders wanting to earn fixed-rate rewards
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- Doesn’t charge annual fees
- With sign-up bonus
- Has low ongoing APR on purchases and balance transfers
Cons
- Doesn’t offer 0% introductory APR on balance transfers
- Need to have an active PNC Bank account to qualify for the card
- Cash Flow Insight®:Designed to help you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables digitally.
- Lost luggage reimbursement:You and your immediate family members can be reimbursed up to $3,000 per covered trip if your luggage was lost or stolen when you charge your entire travel fare to this card.
- Travel and emergency assistance services:You can call the toll-free, 24-hour benefit administrator line at (800) 992-6029 to get assistance and referrals while traveling away from home.
- Trip delay reimbursement:Covers up to a maximum of $300 per purchased ticket for reasonable additional expenses incurred when a Covered Trip purchased was delayed for more than 12 hours.
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- Doesn’t charge annual fees
- With sign-up bonus
- Has low ongoing APR on purchases and balance transfers
Cons
- Doesn’t offer 0% introductory APR on balance transfers
- Need to have an active PNC Bank account to qualify for the card
- Cash Flow Insight®:Designed to help you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables digitally.
- Lost luggage reimbursement:You and your immediate family members can be reimbursed up to $3,000 per covered trip if your luggage was lost or stolen when you charge your entire travel fare to this card.
- Travel and emergency assistance services:You can call the toll-free, 24-hour benefit administrator line at (800) 992-6029 to get assistance and referrals while traveling away from home.
- Trip delay reimbursement:Covers up to a maximum of $300 per purchased ticket for reasonable additional expenses incurred when a Covered Trip purchased was delayed for more than 12 hours.
Why we like it:If you carry a balance with each billing cycle, thePNC Cash Rewards® Visa Signature® Business Credit Cardis your best choice. You can enjoy 0% financing on purchases for the first nine billing cycles. Plus, it offers the lowest starting APR on our list, at 12.49%. Even though it only offers 0% introductory APR for nine billing cycles, it’s still one of ourbest business credit cards with 0% APRbecause of its low ongoing APRs.
You also get 1.5% cash back on all eligible business purchases, with no limit to the amount you can earn. As a welcome bonus, earn $400 if you spend $3,000 in qualifying purchases within the first three months of card ownership.
Additionally, thePNC Cash Rewards® Visa Signature® Business Credit Cardis one of our top-recommendedbusiness credit cards that don’t report to personal credit bureaus—a great option if you don’t want your business card transactions to affect your personal credit.
Capital One® Spark® Classic for Business: Best for Business Owners With Fair Credit
Capital One® Spark® Classic for Business
BEST FOR:
Those with fair credit
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments:Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability:if your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records:You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty:Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards:You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments:Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability:if your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records:You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty:Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards:You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Why we like it:TheCapital One® Spark® Classiccard is a great option if you have a fair credit score of 580 to 669. Using this card responsibly can help you grow your credit score while earning unlimited rewards. It’s our choice for thebest overall credit card for fair credit. Additionally, it’s among ourtop instant approval credit cards, requiring only a fair credit score to get approved.
This straightforward card offers a fixed-rate 1% cash back on all business purchases, with no limits or spend categories. Rewards never expire, and you can choose between redeeming them as a statement credit or as a paper check.
It’s important to note that theCapital One® Spark® Classic cardhas the highest APR among all other cards on this list. Thus, it would be best to plan your budget carefully and pay your balance in full every billing cycle to avoid paying a high interest rate, so you can reduce your credit cost.
Wells Fargo Business Secured Card: Best for Business Owners with Low Credit
Wells Fargo Business Secured Credit Card
BEST FOR:
Business owners with poor credit
- Cash Back option:
Earn 1.5% cash back on every $1 spent - Reward Points option:
Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period - $0 annual rewards program fee
- $500 to $25,000 credit line
- Zero liability protection
Pros
- Businesses with low or bad credit scores can qualify
- Your choice of fixed-rate cash back or points rewards
- No annual fee
Cons
- Requires a security deposit of at least $500
- Credit limit will be based on the security deposit
- Purchase assurance:Wells Fargo will repair, replace, or reimburse you for items that are damaged or stolen within 90 days of purchase.
- Design studio:Include a personal image or business design on your credit card.
- Cash Back option:
Earn 1.5% cash back on every $1 spent - Reward Points option:
Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period - $0 annual rewards program fee
- $500 to $25,000 credit line
- Zero liability protection
Pros
- Businesses with low or bad credit scores can qualify
- Your choice of fixed-rate cash back or points rewards
- No annual fee
Cons
- Requires a security deposit of at least $500
- Credit limit will be based on the security deposit
- Purchase assurance:Wells Fargo will repair, replace, or reimburse you for items that are damaged or stolen within 90 days of purchase.
- Design studio:Include a personal image or business design on your credit card.
Why we like it:If your credit score cannot qualify you for a regular unsecured business credit card, you may consider theWells Fargo Business Secured Card. You only need a Wells Fargo deposit account and make a security deposit ranging from $500 to $25,000 to qualify for this card. It’s our pick for thebest overall secured business credit cardandbest overall business credit card for bad credit.
Wells Fargo will review your account intermittently to see if you qualify for an unsecured business card, so it’s important to use it responsibly and make on-time payments. Plus, it can help you build business credit by reporting your transactions to the Small Business Financial Exchange (SBFE). However, as with thePNC Cash Rewards® Visa Signature® Business Credit Card, it’s among ourtop credit cards that don’t report to personal credit bureaus.
You can choose between earning cash back rewards at 1.5% or 1x point per dollar spent on all qualifying purchases. If you select points rewards, you’ll receive 1,000 bonus points every billing cycle when you spend at least $1,000 on eligible purchases. Aside from not having to pay annual fees, theWells Fargo Business Secured Cardcan also help you save money by not charging foreign transaction fees and offering up to 10 employee cards for free.
How We Evaluated Business Credit Cards With No Annual Fee
When choosing the best business credit cards with no annual fee, we considered the introductory APRs and ongoing interest rates. Additionally, we took into account the introductory bonuses, ongoing rewards, and other features. All of these add up to cards that provide the best value for your business.
Bottom Line
A business credit card with no annual fee is a good choice if your goal is to save on unnecessary fees. Make sure to take advantage of introductory APRs, introductory bonuses, and ongoing rewards. Cash back that’s redeemed as a statement credit is typically the fastest way to benefit from rewards. Points-based rewards are also valuable especially if redeemed for certain expenses that are important for your business.
If you’d like to see more of our recommendations, take a look at our choices for thebest small business credit cards.