Fast and Simple Business Credit Cards

As a small business owner, one of the most challenging tasks can be managing finances. It’s often necessary to have a credit card for daily purchases, reimbursements, and unexpected expenses. However, getting a business credit card for a new business owner can be a daunting task, especially with a less-than-perfect credit history. Fortunately, with the rise of online banking and financial technology, there are now many options available for an easy-to-get business credit card. In this article, we’ll break down the different types of business credit cards and explore the easiest ones to apply for and obtain.

Top 10 Business Credit Cards That are Easy to Get

If you are a small business owner or a freelancer, having a credit card for your business can help you manage your finances better. Not only can it simplify your transactions, but it can also give you access to additional funds to support your business needs. However, getting a business credit card can be a daunting process, especially if your business is new or has a low credit score. Fortunately, there are several credit cards that are easy to get. Here are the top 10 business credit cards that you can consider:

1. Capital One Spark Classic for Business

The Capital One Spark Classic for Business credit card is great for those who have average credit or no credit history. It doesn’t require an annual fee, and you can earn 1% cash back on all purchases. Additionally, you can set up free employee cards and manage your account online easily.

2. Chase Ink Business Cash Credit Card

The Chase Ink Business Cash Credit Card is an excellent option for businesses looking to earn cash back. It offers 5% cash back on office supplies, internet, cable, and phone services, and 2% back on gas and dining. There is no annual fee, and you can earn up to $500 cash back as a sign-up bonus.

3. Discover it Business Card

The Discover it Business Card offers an impressive 1.5% cash back on all purchases, with no annual fee. Additionally, you can earn up to $1,000 cash back per quarter in specific business categories. Plus, if your credit score is not excellent, you may still qualify for this card.

4. American Express Blue Business Plus Credit Card

The American Express Blue Business Plus credit card is great for businesses that want to earn rewards points instead of cash back. It offers 2x Membership Reward points on all purchases, with no annual fee. Additionally, you can get up to $300 in statement credits for eligible purchases at Dell Technologies, DocuSign, and more.

5. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card is ideal for businesses that have poor or no credit history. You can establish your creditworthiness by making timely payments and following responsible credit habits. Plus, you can earn 1.5% cash back on all purchases, with a $25 annual fee.

6. CitiBusiness AAdvantage Platinum Select World Mastercard

The CitiBusiness AAdvantage Platinum Select World Mastercard is an excellent option for businesses that need to travel frequently. You can earn American Airlines miles on all purchases, with no annual fee for the first year. Additionally, you can earn up to 65,000 bonus miles as a sign-up bonus.

7. U.S. Bank Business Cash Rewards World Elite Mastercard

The U.S. Bank Business Cash Rewards World Elite Mastercard is ideal for businesses that spend a lot on gas, office supplies, and cell phone services. You can earn 3% cash back on those categories, and 1% cash back on all other purchases. Plus, there is no annual fee, and you can earn up to $500 as a sign-up bonus.

8. Bank of America Business Advantage Cash Rewards Mastercard

The Bank of America Business Advantage Cash Rewards Mastercard is for businesses that want to earn cash back on various expenses. You can earn 3% cash back on gas, office supply purchases, and restaurants, and 1% cash back on all other purchases. There is no annual fee, and you can earn up to $300 cash back as a sign-up bonus.

9. Amazon Business Prime American Express Card

The Amazon Business Prime American Express Card is great for businesses that buy frequently from Amazon. You can earn up to 5% cash back on Amazon and Whole Foods Market purchases, and 2% back on restaurants, gas stations, and wireless phone services. There is no annual fee, and you can get $125 Amazon.com gift card upon sign-up.

10. The Business Platinum Card from American Express

The Business Platinum Card from American Express is the ultimate travel rewards card for businesses. You can earn 5x Membership Rewards points on flights and prepaid hotels booked on Amex Travel, with no blackout dates. Plus, you can enjoy travel benefits like airport lounge access, statement credits for global entry or TSA Precheck fees, and more. However, this card comes with a hefty annual fee of $595.

In conclusion, getting a business credit card may seem challenging, but there are plenty of options available. By choosing the right card for your business needs and credit score, you can enjoy rewards, cash back, and other perks that can help you grow your business.

10 Best and Easy To Get Business Credit Cards

If you own a small business, you know that having a reliable and easy to get business credit card is essential to keep your finances in order. In this section, we have put together a list of the top 10 best business credit cards that are easy to get, even if you don’t have a perfect credit score.

1. Chase Ink Business Cash Card

The Chase Ink Business Cash Card is a great choice for small businesses that are just starting out. With no annual fee, you can earn 5% cashback on the first $25,000 spent on office supplies, internet, cable, and phone services. Plus, you can earn 2% cashback on the first $25,000 spent on gas and dining purchases.

2. Capital One Spark Classic for Business

The Capital One Spark Classic for Business is perfect for those with no or limited credit history. You can earn unlimited 1% cashback on every purchase you make with this card. Plus, there are no annual fees and a straightforward rewards structure.

3. American Express Blue Business Cash Card

The American Express Blue Business Cash Card is another great option for small businesses. With no annual fee, you can earn 2% cashback on all eligible purchases up to $50,000 per year. After that, earn 1% cashback.

4. Discover it Business Card

If you’re looking for a business credit card with a cashback match, then Discover it Business Card could be the one for you. With no annual fee, you can earn 1.5% cashback on every purchase you make. Plus, at the end of your first year, Discover will match all the cashback you’ve earned.

5. U.S. Bank Business Edge Cash Rewards World Elite Mastercard

The U.S. Bank Business Edge Cash Rewards World Elite Mastercard is the one for you if you’re in the market for a card with exceptional cashback rewards. You can earn $150 cashback after spending $500 in eligible net purchases in the first 90 days. Plus, earn 3% cashback on gas, office supplies, and cell phone bills, and 1% cashback on everything else.

6. Wells Fargo Business Secured Credit Card

For those who need a secured credit card to improve their credit score, the Wells Fargo Business Secured Credit Card is an excellent option. Just put down a security deposit to secure your credit line and make purchases like any other credit card. Plus, you can earn rewards on purchases.

7. CitiBusiness Platinum Select Card

The CitiBusiness Platinum Select Card offers 3% cashback on eligible purchases in select categories. You can also enjoy a 0% introductory APR on purchases for 15 months. Plus, there is no annual fee.

8. Bank of America Business Advantage Travel Rewards World Mastercard Credit Card

For those who travel frequently for business, the Bank of America Business Advantage Travel Rewards World Mastercard Credit Card is the perfect choice. You can earn 3X points on travel, dining, and other eligible business expenses. Plus, there are no foreign transaction fees.

9. Sam’s Club Business Mastercard

If you’re a Sam’s Club member, you might want to consider the Sam’s Club Business Mastercard. With no annual fee, you can earn cashback rewards and travel benefits on eligible purchases.

10. Amazon Business Prime American Express Card

Finally, if your business regularly shops on Amazon, then you should consider the Amazon Business Prime American Express Card. You can earn 5% cashback or 90-day terms on purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market. Plus, there are no annual fees.

In conclusion, these are the top 10 best business credit cards that are easy to get and offer a range of benefits. Before applying for any of these credit cards, make sure to read the fine print, check the APR rates, fees, and rewards structures to determine which card is right for you.

How to choose the best business credit card for your business

When it comes to choosing the right business credit card for your business needs, it can be overwhelming with the variety of options available. However, it’s important to take the time to evaluate each option based on your business’s specific needs. Here are some factors to consider when choosing the best business credit card for your business:

1. Rewards and Benefits

The rewards and benefits offered by a credit card can provide significant savings and value for your business. Look for a card that offers rewards that align with your business’s spending habits and needs. For example, if your business frequently travels, look for a credit card that offers travel rewards such as airline miles or hotel points. Additionally, some business credit cards provide benefits such as purchase protection or extended warranties.

2. Annual Fees and Interest Rates

Annual fees and interest rates are important factors to consider when choosing a business credit card. Some cards may have higher fees but offer more rewards and benefits, while others may have lower fees but offer fewer rewards. Similarly, interest rates will differ from card to card, so it’s important to choose a card that offers a low rate to ensure you don’t incur high interest charges.

3. Credit Limit

Your business’s credit limit will determine the amount you can charge to the card. Make sure to choose a credit card with an appropriate credit limit for your business’s needs. If you have a smaller business with less frequent expenses, a lower limit may be more suitable, while larger businesses with higher expenses may require a higher limit.

4. Fees and Penalties

Fees and penalties associated with a credit card can significantly impact your business’s financial standing. Look for a card with minimal fees and penalties such as late payment fees or balance transfer fees. Understanding the fees associated with your chosen credit card can help you avoid unnecessary charges.

5. Cardholder Benefits

Some business credit cards provide additional benefits such as free employee cards or expense management tools. These benefits can provide convenience and savings for your business. Look for a card that provides cardholder benefits that would be the most beneficial to your business.

In conclusion, choosing the best business credit card can be a daunting task. However, by taking the time to evaluate each option, analyzing your business’s specific needs, and understanding the fees and benefits of each card, you can make an informed decision. Remember to choose a card that aligns with your business’s goals, and will help your business grow.

If you’re looking for an easy-to-get business credit card, check out this article on easy business credit cards from Money Under 30. They list several options for those with limited credit history or lower credit scores.

Cons of Easy to Get Business Credit Cards

1. High Interest Rates
One of the biggest cons of easy to get business credit cards is their high interest rates. These cards come with high interest rates as compared to traditional business credit cards. The reason behind this is that these cards are meant for people with bad credit, and the lenders tend to charge a high interest rate to compensate for the risk involved.

2. Annual Fees
Many easy to get business credit cards come with annual fees. This means that you will be charged a fee every year for using the card. This can add up to a significant amount of money over time, and you’ll end up paying much more than you initially anticipated.

3. Low Credit Limit
If you have bad credit, you may be approved for a business credit card with a low credit limit. This means that you won’t be able to make large purchases with the card, and it may not be suitable for your business needs. A low credit limit can also affect your credit score negatively, as it can result in high credit utilization.

4. Limited Rewards
Most easy to get business credit cards come with limited rewards. You may only receive cashback rewards on specific purchases or a low percentage of cashback rewards on all purchases. If you’re looking for a credit card that provides you with significant rewards, an easy to get business credit card may not be the right option for you.

5. Processing Fees
Some lenders charge processing fees when you apply for an easy to get business credit card. These fees can be high and can add up to the total cost of the card. Therefore, it’s essential to read the fine print before applying for a card to know the total cost and fees involved.

6. Introductory APR
Many easy to get business credit cards come with an introductory APR. While this may sound good on paper, you’ll need to read the fine print to know the total cost of the card. When the introductory period ends, the interest rates can jump up significantly.

7. Penalty Fees
If you’re unable to pay the minimum amount due on your business credit card, you may be charged penalty fees. These fees can be high, and if you don’t pay them promptly, they can add up to your balance and result in additional interest charges.

8. No Grace Period
Some easy to get business credit cards do not come with a grace period. This means that you will start being charged interest on your purchases immediately after making them. If you’re unable to pay your balance in full every month, you’ll end up paying much more in interest charges.

9. Limited Merchant Acceptance
Some easy to get business credit cards may not be accepted by all merchants. This can limit your ability to use your card in many places. Therefore, it’s essential to check the merchant acceptance list before applying for a card.

10. No Credit Building
Lastly, easy to get business credit cards may not be suitable for building your credit score. Many of these cards don’t report to the major credit bureaus, and hence, they won’t have any positive impact on your credit score. If you are looking for a credit card to build your credit score, an easy to get business credit card may not be the best option.

Wrap It Up

Well, folks, we’ve come to the end of our discussion about easy to get business credit cards. I hope that you’ve learned a thing or two and that we’ve helped you in your search for the perfect business credit card. Remember, when choosing a business credit card, always read the fine print and make sure that it meets your specific needs. Thanks for taking the time to read our article, and we hope that you’ll visit again soon. Until next time!

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