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Cash flow and spending challenges rank at the top of the list of issues that entrepreneurs and startup founders face when they are attempting to get their businesses off the ground and rolling forward. After all, we are all familiar with the oft-repeated adage, “You have to have money to make money”.  For those just starting out in a new business venture, the challenge often lies in finding the extra capital flow to launch their business so that they can start generating income.

For most, a business credit card offers the ideal solution, but will your business qualify for a business credit card when you are just entering the early start-up phase? Absolutely! There are a wide variety of business credit cards available that offer low-interest rates, flexible spending, and easy qualification requirements that entrepreneurs and startup founders need.

Better still, the vast majority of business credit card issuers will base their creditworthiness decision on the applicant’s personal credit score rather than the status of the business. This means that if you have a solid personal credit rating you should be able to secure a business credit card with preferred terms regardless of the current status of your business income.

Of course, not all business credit cards are created equal. Take a look at our list of the 10 best credit cards for entrepreneurs and startup founders, ranked from #1 to #10, to find the perfect fit for your business needs.

10 Best Credit Cards For Entrepreneurs & Startup Founders

10. Divvy Business Card

The Divvy Business Card is a unique corporate business card that comes packaged with a full slate of expense management tools, budgeting software, and a generous rewards program.

         Overview

  • Combines the benefits of a corporate business card with FREE expense management software to streamline business spending
  • Earn up to 7x the rewards points across a variety of categories
  • Set and enforce employee budget caps on a card-by-card basis
  • Real-time transaction tracking for all cards on the account
  • No Annual Fee

Pros

  • No Annual Fee
  • Simple credit limit increase request process

Cons

  • Must hold the card for 12 months before being eligible for rewards
  • Rewards vary based on spending categories and card use

9. The Business Platinum Card from American Express

The Business Platinum Card from American Express is the perfect choice for business owners willing to pay the sizable annual fee for premium luxury travel rewards and unbeatable airport lounge access.

Overview

  • Welcome Offer: Earn 120,000 Membership Rewards® points after spending $15,000 within the first 3 months
  • Earn 5x Membership Rewards points on flights and prepaid hotels booked through amextravel.com
  • Earn up to $200 in Airline Fee statement credits per calendar year for checked baggage fees, lounge day passes, and more
  • 17.99% – 25.99% Variable APR
  • $695 Annual Fee

Pros

  • Generous welcome offer
  • Top-tier travel rewards and premier airport lounge access

Cons

  • $695 Annual Fee
  • Many restrictions and limitations on reward and credit redemptions

8. Capital One Spark Miles for Business

The Capital One Spark Miles for Business card is a great choice for business owners who do a great deal of traveling. Earn unlimited 2x miles on every purchase with no redemption limits or expiration dates.

Overview

  • Welcome Offer: Earn a one-time bonus of 50,000 miles after spending $4,500 within the first 3 months
  • Earn unlimited 2x miles on every $1 spent with no limits, no category restrictions, and no expiration dates
  • Miles are transferable across 15 different travel loyalty rewards programs
  • Free employee cards earn 2x miles on all purchases as well
  • 23.99% Variable APR
  • No fee for the first year, a $95 annual fee applies thereafter

Pros

  • No fee for the first year
  • No foreign transaction fees

Cons

  • $95 Annual fee after the first year
  • Relatively high APR

7. American Express Business Gold Card

Business owners who are able to budget for the American Express Business Gold Card’s annual fee will be repaid handsomely through the card’s generous rewards program offering easy-to-earn high-value rewards across a range of popular categories.

Overview

  • Welcome Offer: Earn 70,000 Membership Rewards points after spending $10,000 on eligible purchases within the first 3 months
  • Earn 4x Membership Rewards® points on purchases made in the 2 select categories where your business spends the most each month
  • Flexible payment options allow cardholders to pay for purchases in full each month or pay over time with interest
  • 17.99% – 25.99% Variable APR
  • $295 Annual Fee

Pros

  • The generous rewards points program
  • Flexible payment options allow for payment of the balance in full each month or payment over time with interest

Cons

  • $295 Annual Fee
  • Cash-back rewards subject to a cap

6. Chase Ink Business Preferred® Credit Card

The Chase Ink Business Preferred® Credit Card offers business owners an extremely generous rewards program across a variety of important spending categories. Additionally, The Chase Ink Business Preferred Credit Card welcome offer is one of the best in the industry.

Overview

  • Welcome Offer: Earn 100k bonus points after spending $15,000 on purchases in the first 3 months. 100k bonus points can be redeemed for $1,000 cash back or $1,250 in travel rewards through Chase Ultimate Rewards
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories every year
  • Purchase Protection covers your new purchases against damage or theft for 120 days
  • 19.74% – 24.74% Variable APR
  • $95 Annual Fee

Pros

  • Extremely generous welcome offer
  • Increase point value by 25% when booking travel through the Chase Ultimate Rewards program

Cons

  • $95 Annual Fee
  • A good to excellent credit score is required for approval

5. U.S. Bank Business Triple Cash Rewards World Elite Mastercard®

U.S. Bank Business Triple Cash Rewards World Elite Mastercard is a solid business credit card offering generous cash-back rewards across the most popular business spending categories.

Overview

  • Welcome Offer: Earn a $500 cash-back bonus after spending $4,500 in the first 3 months of membership
  • Earn 3% cash back on purchases across popular business spending categories including gas stations, EV charging stations, office supply stores, cell phone service providers, and restaurants.
  • Earn 1% cash back on all other eligible purchases
  • U.S. Bank ExtendPay™ Plan allows cardholders to pay over time by splitting purchases of $100 or more into equal monthly installment payments
  • 0% introductory APR on purchases and balance transfers for the first 15 billing cycles.
  • Annual APR of 17.74% – 26.74% after the introductory period
  • No Annual Fee

Pros

  • No Annual Fee
  • Generous cash-back rewards structure with no limit on the total cash-back that can be earned

Cons

  • Spending outside of designated categories earns a lower cash-back reward
  • A Good to Excellent credit score is required for approval

4. Capital One Spark Cash Select

The Capital One Spark Cash Select card is a great choice for those looking for a simple flat-rate cash-back business credit card. This card does not require any financial spending juggling to earn rewards, instead, cardholders are able to earn a solid 2% on most purchases across all categories.

Overview

  • New cardholders can earn a $500 cash-back bonus after spending $5,000 in the first 3 months of membership
  • Earn an additional $500 cash-back bonus after spending $50,000 in the first 6 months of membership
  • Earn a $200 cash-back bonus after spending $200,000 in any calendar year
  • Unlimited 2% cash back awarded for every purchase with no category restrictions or spending caps
  • No preset spending limit
  • $150 Annual Fee
  • Balance due in full each month

Pros

  • Generous cash-back bonus terms with no category restrictions or spending caps
  • No foreign transaction fees

Cons

  • $150 Annual Fee
  • Balance must be paid in full each month

3. The Hilton Honors American Express Business Card

Business owners and entrepreneurs with frequent travel needs will appreciate the Hilton Honors American Express Business Card. This card comes with all of the usual advantages associated with American Express and adds valuable rewards from Hilton hotels to sweeten the package.

Overview

  • Welcome Offer: Earn For a limited time, new cardholders can earn 130,000 Hilton Honors Bonus Points after spending $5,000 in the first 3 months of membership
  • Spend $10,000 in the first 6 months of membership and earn a Free Night Reward from Hilton Hotels
  • Cardholders earn a Free Night Reward after spending $15,000 in a calendar year and earn a second Free Night Reward for purchases of $45,000 in one calendar year.
  • Earn Hilton Honors Bonus Points for every dollar spent on eligible purchases using the card
  • Cardholders enjoy complimentary Hilton Honors Gold Status
  • $95 Annual Fee

Pros

  • For those who travel frequently, the rewards points are more generous than comparable hotel rewards business credit cards
  • A generous rewards program allows cardholders to earn boosted rewards points across several spending categories allowing them to quickly build up Hilton rewards.

Cons

  • Annual fee of $95
  • Hilton rewards points are only valuable to those who frequent Hilton Hotel properties

2. Chase Ink Business Cash® Credit Card

The Chase Ink Business Cash Credit Card is one of the best flat-rate business credit cards designed for business owners. From an extremely generous welcome offer to flexible spending, and cash-back rewards categories, this card offers an attractive well-rounded credit package for business owners.

Overview

  • Welcome “Best Offer Ever” Offer: Use the card to make $6,000 in purchases within the first 3 months and receive a $900 cash-back bonus
  • Earn 5% cash back on up to $25,000 of office supply purchases and internet, cable and phone services each year
  • Earn 2% cash back on up to $25,000 of gas station and restaurant purchases each year
  • Earn 1% cash back on all other purchases
  • Introductory 0.0% APR for the first 12 months
  • No annual fee

Pros

  • Extremely generous “Best Offer Ever” welcome offer
  • Chase Ultimate Rewards® allows cardholders to redeem rewards for cash back, gift cards, travel, and more
  • Built-in fraud protection services continuously monitor transactions for signs of fraudulent activity
  • Zero liability policy means cardholders will not be held responsible for unauthorized transactions

Cons

  • Cash back bonus percentages are reduced after reaching the $25,000 annual spending cap
  • The 0.0% introductory APR cannot be applied to balance transfers

1. American Express Blue Business Cash™ Card

American Express has built a solid reputation as the upper echelon of business and personal credit card issuers. The American Express Blue Business Cash Card is no exception.

This business credit card offers a generous welcome bonus, flexible spending terms, and attractive rewards with no annual fee and a standard APR.

 

Overview

  • Welcome Bonus: Use the card to make $3,000 in purchases within the first 3 months and receive a $250 statement credit.
  • Earn 2% cash back on eligible purchases of up to $50,000 per calendar year. Earn 1% cash back thereafter
  • Expanded Buying Power offers cardholders spending flexibility allowing them to spend beyond their credit limit when needed
  • Introductory 0.0% APR for the first 12 months
  • Variable 16.99% – 24.99% APR after the introductory period
  • No annual fee

Pros

  • American Express credit cards are accepted at 99% of US-based locations that accept credit cards
  • No annual fee
  • Generous $250 welcome offer
  • The expanded Buying Power option offers flexible spending to meet shifting business needs

Cons

  • The 2% cash back reward is decreased to 1% cash back after reaching an annual $50,000 spending cap
  • The 0.0% introductory APR cannot be applied to balance transfers
  • The Expanded Buying Power option may be reduced based on a number of factors including spending history, payment record, creditworthiness, and financial standing

Building Business Credit Responsibly

All of the business credit cards included in our top 10 list offer outstanding rewards and tools to help entrepreneurs and startup founders take charge of their spending, manage business expenses and build their business credit.

When used responsibly, the cards in our list can help you save valuable dollars across the most popular business spending categories from travel and accommodations to business supplies and communication services.

While we have ranked our list of cards in order of general value, at the end of the day the best card is the card that offers the most benefit to you. Take some time to consider each offer and choose the card that offers the greatest advantages and savings for your unique business spending model. Choose wisely, spend responsibly, and watch your business credit profile grow.