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Best Business Credit Cards With No Annual Fee

Best Business Credit Cards With No Annual Fee

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated May 18, 2020. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

Running a small business means keeping track of a wide variety of expenses — and a small business credit card that charges no annual fee can make that task a lot easier.

Plus, the right business credit card can help you earn rewards, either in categories where your business spends frequently or with a flat rate on every purchase.

We selected eight credit cards that are the best no-annual-fee business cards for a variety of needs, based on a review of cards available through CompareCards.com and from top issuers.

Best for intro APR on purchases: The Blue Business® Plus Credit Card from American Express

The Blue Business® Plus Credit Card from American Express

Apply Now

on American Express's secure site

Terms and Conditions apply

Rates & Fees

  • 0% on purchases for 12 months from date of account opening, then 13.24% - 19.24% Variable

  • Earn 2X points on everyday business purchases up to the annual cap

  • Enjoy the flexibility to put more purchases on the Card

Highlights
  • 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.
  • Enjoy the flexibility to put more purchases on the Card and earn rewards when you buy above your credit limit*.
  • You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
  • More buying power for your business means more opportunities to earn points. That’s everyday business with the Blue Business Plus Card.
  • *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.
  • 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.24% - 19.24%, based on your creditworthiness and other factors at account opening.
  • No Annual Fee
  • Terms Apply
  • See Rates & Fees

See additional details for The Blue Business® Plus Credit Card from American Express

More Info

Why we like this card: If you need to make a big purchase for your business — like electronics or furniture — this intro APR period gives you time to pay off the purchase without incurring interest charges. Get an intro APR of 0% on purchases for 12 months from date of account opening. After, a 13.24% - 19.24% variable APR applies. Just make sure to set up a repayment plan so the balance is paid in full before the intro period ends, otherwise you’ll be charged interest on what’s left at the regular purchase APR.

Plus, cardholders earn American Express Membership Rewards® points with this card. 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.

More card details:

  • No annual fee for employee cards.
  • Get more out of your card with Amex Offers on shopping, dining, travel and more.
  • Car rental loss and damage insurance when you use this card to pay for an eligible rental vehicle and decline the coverage offered by the rental company.
  • Spend above your credit limit with Expanded Buying Power. Note that at the end of your billing cycle, what you spent above your credit limit is due in full.

To see rates & fees for The Blue Business® Plus Credit Card from American Express please click here.

Read our review of The Blue Business® Plus Credit Card from American Express.

Best for 2% cash back: American Express Blue Business Cash™ Card

American Express Blue Business Cash™ Card

Apply Now

on American Express's secure site

Terms and Conditions apply

Rates & Fees

  • 0% on purchases for 12 months from date of account opening

  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%

  • 13.24% - 19.24% Variable

Highlights
  • 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.
  • 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.24% - 19.24%, based on your creditworthiness and other factors as determined at the time of account opening.

See additional details for American Express Blue Business Cash™ Card

More Info

Why we like this card: Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% It’s hard to beat a flat rate of 2% cash back with no annual fee. If you think your business will substantially exceed the $50,000 spending limit, you might consider the Capital One® Spark® Cash for Business for Business instead. It earns 2% cash back for your business on every purchase, everywhere with no rewards limit. However, there’s an annual fee of $0 intro for first year; $95 after that.

Also, the American Express Blue Business Cash™ Card offers an intro APR of 0% on purchases for 12 months from date of account opening. After, a 13.24% - 19.24% variable APR applies.

More card details:

  • Get free employee cards.
  • Take advantage of Amex Offers for shopping, dining, travel and more.
  • Protect what you buy with extended warranty and purchase protection.
  • Use this card to pay for an eligible rental vehicle and decline coverage offered by the rental company to activate car rental loss and damage insurance.
  • Use the Expanded Buying Power feature to spend above your credit limit. Be aware that the amount you spent above your limit will be due in full at the end of your billing cycle.

To see rates & fees for American Express Blue Business Cash™ Card please click here.

Read our review of the American Express Blue Business Cash™ Card

Best for a big sign-up bonus: Chase Ink Business Unlimited℠ Credit Card

Why we like this card: Planning a big purchase? This could be the right time to apply for a new card with a generous sign-up bonus. With the Chase Ink Business Unlimited℠ Credit Card, earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.

This card also earns cash back at a competitive flat rate. Earn unlimited 1.5% cash back on every purchase made for your business

More card details:

  • Get employee cards at no additional cost.
  • Auto rental collision damage waiver when you pay for a rental car with this card and decline the rental company’s collision insurance. This benefit provides primary coverage when renting for business purposes, whereas most credit cards offer only secondary coverage.
  • Get travel and emergency assistance services when away from home.
  • Roadside dispatch assistance (you may incur roadside service fees).
  • Purchase and extended warranty protection.

Read our review of the Ink Business Unlimited℠ Credit Card.

Best for a cashback match: Discover it® Business Card

Why we like this card: Discover offers a unique sign-up bonus to new cardmembers with the Discover it® Business Card. Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. And no limit to how much we’ll match. So you could turn $350 cash back into $700 with Cashback Match™.

The regular rewards rate is 1.5% cash back on every dollar spent on all purchases, which is competitive with other flat-rate cashback business cards.

More card details:

  • Employee cards at no cost.
  • Free Social Security number alerts (when you sign up).
  • Get your FICO Score for free.

Read our review of the Discover it® Business Card.

Best for gas: Bank of America® Business Advantage Cash Rewards Mastercard® credit card

Why we like this card: Choose your 3% category with this card’s unique rewards program. 3% cash back on your choice of one of the following six categories: gas stations, office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, and 2% cash back on dining (on the first $50,000 each calendar year, then 1%. Earn an unlimited 1% cash back on all other purchases.

More card details:

  • Earn a $300 statement credit when you make at least $3,000 in net purchases within 60 days of your account opening.
  • Intro APR of 0% for 9 billing cycles on purchases. After, a 12.24% - 22.24% Variable APR applies.
  • Travel and emergency services including travel accident and auto rental insurance, emergency ticket replacement and lost luggage assistance.

Read our review of the Bank of America® Business Advantage Cash Rewards Mastercard® credit card.

Best for office expenses: Chase Ink Business Cash℠ Credit Card

  • 0% for 12 Months

  • $500 bonus cash back

  • Earn 5% cash back in select business categories

Highlights
  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • 0% introductory APR for 12 months on purchases
  • Employee cards at no additional cost
  • No Annual Fee

See additional details for Ink Business Cash℠ Credit Card

More Info

Why we like this card: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.

There’s also a pretty generous sign-up bonus. Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.

More card details:

  • Employee cards at no additional cost.
  • Auto rental collision damage waiver when paying entirely for the rental car with this card and declining the rental company’s insurance. Coverage is primary when renting for business purposes, whereas the coverage offered by most credit cards is secondary.
  • Roadside assistance (be aware of roadside service fees).
  • Protect purchases with the purchase protection and extended warranty benefits.

Read our review of the Ink Business Cash℠ Credit Card.

Best for travel: Capital One® Spark® Miles Select for Business

Why we like this card: For business owners who frequently travel outside the United States, the Capital One® Spark® Miles Select for Business is an excellent card. You don’t have to worry about paying a foreign transaction fee for every purchase made outside the country because there is none.

Plus, earn rewards at a competitive flat rate – 1.5 miles per $1 on every purchase. And there’s a boosted rate of 5X miles when booking hotels and rental cars through Capital One Travel.

More card information:

  • Intro 0% on purchases for 9 months. After, a 13.99% - 23.99% (variable) APR applies.
  • Earn a one-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months from account opening
  • Free employee cards.

Read our review of the Capital One® Spark® Miles Select for Business.

Best for limited credit history: Capital One® Spark® Classic for Business

Why we like this card: The Capital One® Spark® Classic for Business is aimed at business owners with fair/limited credit. This makes it a great choice for building or rebuilding business credit.

Plus, cardholders earn 1% cash back on every purchase.

More card details:

  • Free employee cards.
  • Auto rental damage waiver when you rent an eligible car.
  • Purchase security and extended warranty protection.
  • Travel and emergency services such as medical referrals and ticket replacements.

Read our review of the Capital One® Spark® Classic for Business.

The information related to the Chase Ink Business Unlimited℠ Credit Card has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication.


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