Top Small Business Credit Cards with No Annual Fee

Small businesses often struggle with managing their finances, especially when it comes to credit cards. Many credit cards charge an annual fee, which can add up and become a burden for small business owners. However, there are credit cards available that offer no annual fee and other perks that can benefit small businesses. In this article, we will explore some of the best small business credit cards with no annual fee and what makes them a good choice for business owners. From cash back rewards to travel perks, these credit cards can help small businesses save money and improve their financial management.

Top 10 Small Business Credit Cards with No Annual Fee

When it comes to small business credit cards, an annual fee can add up and eat away at profits. Fortunately, there are many great options available that offer no annual fee. Here are the top 10 small business credit cards with no annual fee:

1. Chase Ink Business Cash
The Chase Ink Business Cash card offers 5% cash back on the first $25,000 spent on office supplies, internet, cable and phone services each year. It also offers 2% cash back on the first $25,000 spent on gas and dining purchases each year.

2. American Express Blue Business Cash
With the American Express Blue Business Cash card, cardholders can earn 2% cash back on up to $50,000 in purchases each year. Additionally, it offers a 0% introductory APR for the first 12 months.

3. Capital One Spark Cash Select for Business
The Capital One Spark Cash Select for Business card offers unlimited 1.5% cash back on all purchases, with no minimum to redeem. It also provides an introductory 0% APR for 9 months.

4. Discover it Business
The Discover it Business card offers rotating 5% cash back categories on up to $2,000 in quarterly purchases and 1% unlimited cash back on all other purchases.

5. Wells Fargo Business Secured Credit Card
The Wells Fargo Business Secured Credit Card is a great option for small business owners with no credit or poor credit. It requires a security deposit, but it also reports your payments to the major credit bureaus.

6. CitiBusiness AAdvantage Platinum Select World Mastercard
The CitiBusiness AAdvantage Platinum Select World Mastercard earns 2 AAdvantage miles per dollar spent on American Airlines purchases, and 1 AAdvantage mile per dollar spent on all other purchases. It also offers a sign-up bonus of 70,000 miles after meeting a minimum spending requirement.

7. Capital One Spark Classic for Business
The Capital One Spark Classic for Business card is designed for small business owners with fair credit. It offers 1% cash back on all purchases, and no foreign transaction fees.

8. Ink Business Unlimited
The Ink Business Unlimited card offers unlimited 1.5% cash back on all purchases, with no minimum to redeem. It also provides an introductory 0% APR for 12 months.

9. Bank of America Business Advantage Cash Rewards Mastercard
The Bank of America Business Advantage Cash Rewards Mastercard offers 3% cash back on purchases at gas stations and office supply stores, and 2% cash back on purchases at restaurants. It also offers a sign-up bonus of $300 after meeting a minimum spending requirement.

10. U.S. Bank Business Edge Cash Rewards World Elite Mastercard
The U.S. Bank Business Edge Cash Rewards World Elite Mastercard offers 1.5% cash back on all purchases, with no cap on earnings. It also offers a sign-up bonus of $150 after meeting a minimum spending requirement.

In conclusion, small business owners have many credit card options available to them with no annual fee. These 10 cards offer great rewards, sign-up bonuses, and introductory 0% APR periods to help small businesses save money and grow. Consider your business needs and spending habits before choosing the card that is right for you.

Top 10 Small Business Credit Cards with No Annual Fee

As a small business owner, having a credit card can be a significant advantage for managing your finances. However, finding a credit card with no annual fee can reduce the burden on the business’s finances. Here are the top 10 small business credit cards with no annual fee:

1. Chase Ink Business Cash Card

The Chase Ink Business Cash Card allows small business owners to earn cashback of up to 5% on specific purchases. The card also offers travel protection and has no annual fee. The card requires excellent credit to qualify, and businesses can choose their credit line.

2. Capital One Spark Cash Select for Business

This credit card has no annual fee and provides cashback rewards to small businesses. The Capital One Spark Cash Select for Business card offers unlimited 1.5% cashback on purchases, and users can redeem their rewards statement credits, gift cards or any other savings. The credit card offers fraud coverage and purchase protection.

3. American Express Blue Business Cash Card

The American Express Blue Business Cash Card allows small business owners to earn up to 2% cashback. The card has no annual fee, introductory 0% APR for the first 12 months of usage, and $0 balance transfer fee. The credit card comes with additional benefits such as travel accident insurance, fraud protection, and purchase protection.

4. Capital One Spark Miles Select for Business

This credit card provides small business owners with the opportunity to earn miles for travel. The Capital One Spark Miles Select for Business card offers unlimited 1.5 miles per dollar on all purchases with no annual fee. The credit card also has a rewards program that can be redeemed for travel expenses such as flights, hotels, or car rentals.

5. Discover it Business Credit Card

The Discover it Business Credit Card offers cashback rewards to small businesses, and the card has no annual fee. The credit card offers unlimited 1.5% cashback on every purchase, and users can redeem their rewards for cash or apply them to their bills. The credit card also comes with free credit monitoring, fraud protection, and purchase protection.

6. CitiBusiness/AAdvantage Platinum Select World Mastercard

The CitiBusiness/AAdvantage Platinum Select World Mastercard helps small business owners earn miles on American Airlines. The credit card has no annual fee for the first year, and the benefits include unlimited double miles on travel expenses such as gas, hotels, and flights. The card also comes with travel accident insurance and purchase protection.

7. Bank of America Business Advantage Travel Rewards World Mastercard credit card

This credit card allows small business owners to earn points for travel expenses without paying any annual fee. The Bank of America Business Advantage Travel Rewards World Mastercard credit card offers unlimited 1.5 points for every dollar spent on all purchases, and users can redeem their points for travel expenses such as hotel stays, rental cars, and airline tickets. The card also has benefits such as fraud protection and purchase protection.

8. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card is perfect for small businesses looking to build or reestablish their credit. The credit card has no annual fee for the first year, and users can earn cashback rewards on their purchases. The card also offers overdraft protection, purchase protection, and fraud protection.

9. Amazon Business Prime American Express Card

This credit card is ideal for small businesses that often purchase goods on Amazon. The Amazon Business Prime American Express Card offers cashback on all purchases, and Amazon Prime members can benefit from free two-day shipping. There is no annual fee for this credit card.

10. Marriott Bonvoy Business American Express Card

The Marriott Bonvoy Business American Express Card offers small business owners an opportunity to earn points on travel expenses. The credit card has no annual fee for the first year, and users can earn Bonvoy points for hotel stays, airfare, and car rentals. The credit card also comes with travel protection and purchase protection.

In conclusion, small business credit cards with no annual fees provide a cost-effective way for small businesses to manage their finances. With these top 10 small business credit cards, small business owners can take advantage of cashback rewards, travel rewards, and other benefits while avoiding annual fees. It is essential to note that qualification for these credit cards typically requires good to excellent credit scores.

Best Small Business Credit Cards with No Annual Fee

As a small business owner, credit cards can be a great tool to manage your finances and earn rewards. However, many credit cards come with high annual fees that can be a burden on your business’s budget. Luckily, there are several great small business credit cards available that don’t charge an annual fee. Here are some of the best options:

Chase Ink Business Cash Credit Card

The Chase Ink Business Cash Credit Card offers a $750 cash back bonus when you spend $7,500 on purchases in the first three months of account opening. You can also earn 5% cash back on the first $25,000 spent on office supplies, internet, cable, and phone services each account anniversary year. Additionally, you can earn 2% cash back on the first $25,000 spent on gas stations and restaurants, and 1% cash back on all other purchases. There’s no annual fee for this card, and you can add employee cards for free.

Capital One Spark Cash Select for Business

With the Capital One Spark Cash Select for Business, you can earn a $200 cash bonus when you spend $3,000 on purchases within the first three months of account opening. This card also offers unlimited 1.5% cash back on all purchases, with no limit or expiration on rewards. There’s no annual fee for this card, and you can add employee cards for free.

Costco Anywhere Visa Business Card by Citi

If you’re a Costco member, the Costco Anywhere Visa Business Card by Citi can be a great option for your small business. This card offers 4% cash back on eligible gas purchases, including gas at Costco, for the first $7,000 per year, then 1% thereafter. You can also earn 3% cash back on restaurants and eligible travel purchases, 2% cash back on all purchases from Costco and Costco.com, and 1% cash back on all other purchases. There’s no annual fee for this card, but a Costco membership is required.

Discover it Business Credit Card

The Discover it Business Credit Card offers unlimited 1.5% cash back on all purchases, with no limit on the amount you can earn. Additionally, Discover will match all the cash back you’ve earned at the end of your first year as a cardholder, effectively doubling your rewards. There’s no annual fee for this card, and you can add employee cards for free.

Wells Fargo Business Secured Credit Card

If you’re looking to build your credit, the Wells Fargo Business Secured Credit Card can be a good option. You’ll need to put down a security deposit to open the account, but you can earn rewards on your spending and build your credit history at the same time. This card offers 1.5% cash back on all purchases, and you can earn up to $1,000 in cash back per year. There’s no annual fee for this card, but you’ll need to put down a security deposit to open the account.

When choosing a small business credit card with no annual fee, look for a card that offers rewards that align with your business’s expenses. Consider your spending habits and the types of rewards that will benefit your business the most. With the right small business credit card, you can earn rewards without paying high annual fees.

Credit Card Rewards Bonus Annual Fee
Chase Ink Business Cash Credit Card 5% cash back on office supplies, internet, cable, and phone services, 2% cash back on gas stations and restaurants, 1% cash back on all other purchases $750 cash back bonus when you spend $7,500 on purchases in the first three months of account opening No annual fee
Capital One Spark Cash Select for Business Unlimited 1.5% cash back on all purchases $200 cash bonus when you spend $3,000 on purchases within the first three months of account opening No annual fee
Costco Anywhere Visa Business Card by Citi 4% cash back on eligible gas purchases, 3% cash back on restaurants and eligible travel purchases, 2% cash back on all purchases from Costco and Costco.com, 1% cash back on all other purchases N/A No annual fee, but a Costco membership is required
Discover it Business Credit Card Unlimited 1.5% cash back on all purchases Discover will match all the cash back you’ve earned at the end of your first year as a cardholder No annual fee
Wells Fargo Business Secured Credit Card 1.5% cash back on all purchases N/A No annual fee, but a security deposit is required to open the account

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Pros of Small Business Credit Cards with No Annual Fee

Small business owners need a credit card that makes their financial management easy and simple, and choosing a small business credit card with no annual fee can be a great option. Here are the pros of using a small business credit card with no annual fee:

Build Your Small Business Credit

A small business credit card can help you build business credit. When you use your small business credit card responsibly and pay on time, you can improve your credit score. By improving your credit score, you can increase your chances of getting loans, credit lines, and better credit card offers in the future.

Expense Management and Tracking

A small business credit card with no annual fee can help you efficiently manage your expenses. You can track all your business expenses in one place, making it easy to categorize expenses for bookkeeping and accounting purposes.

Rewards and Bonus Offers

Small business credit cards also come with bonus offers and rewards programs. While rewards vary by card issuer, some may offer points, cash back, or travel rewards for spending on their card. This can help you save money on business expenses or earn rewards for personal use.

No Annual Fee

The most obvious advantage of a small business credit card with no annual fee is that you don’t have to pay an annual fee. This can save you hundreds of dollars in fees each year, allowing you to put that money back into your business.

Employee Cards

Small business credit cards make it easy to manage employee expenses. With employee cards, you can track their spending and set spending limits, helping you control expenses and avoid overspending.

Incentives to Pay on Time

Some small business credit cards with no annual fee offer incentives for paying on time. These incentives can range from a lower APR to additional rewards. This can help you save money while building your credit score.

Fraud Protection

Small business credit cards offer fraud protection, which can help protect your business from unauthorized charges. If there are any unauthorized charges on your card, the card issuer will work to resolve the issue and restore any lost funds.

Increased Purchasing Power

With a small business credit card, you can increase your purchasing power. This is because credit cards provide access to a line of credit, which can be used to pay for business expenses that you don’t have the cash for upfront.

Business Expense Separation

By using a small business credit card, you can separate business expenses from personal expenses. This can help you organize your finances and ensure that you’re only using your business credit card for business expenses, making bookkeeping easier.

Easy Access to Capital

In case of unexpected expenses, small business credit cards can provide easy access to capital. This can help you avoid dipping into your personal savings or using expensive financing methods.

Overall, small business credit cards with no annual fee offer many advantages that can help small business owners manage their finances efficiently and save money. However, there are some cons that should also be considered before choosing a small business credit card.

Thanks for reading!

I hope this article has been helpful in your search for the perfect small business credit card. Remember, no annual fee cards can save you money while still providing great benefits. Whether you’re a new business owner or a seasoned entrepreneur, having the right financial tools is crucial for success. Be sure to check back later for more tips and tricks on running your business like a pro!

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