2022’s Best Business Credit Cards With No Annual Fees

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Looking for an easy, inexpensive spending solution for your business? Credit cards offer a variety of valuable rewards, perks and benefits to help your business run more smoothly. You’ll enjoy expense tracking tools, year-end summaries and account alerts so you’re never left in the dark. And with no annual fee, you’ll never have to worry about making sure your card is worth the cost.

Best Pick For: High Cash Back Rates

Ink Business Cash® Credit Card

The Ink Business Cash® Credit Card is an easy favorite, with an excellent 5% cash back rate on some common business expenses. If you frequent office supply shops and pay for internet/phone services, this card should be on your radar.

It’s made all the more appealing by the ability to transfer your rewards to other Chase Ultimate Rewards cards, like the Ink Business Preferred® Credit Card or Chase Sapphire Preferred® Card. From there you could redeem for a better value, potentially getting a 10% return on your spending, or more!

Runners-Up

  • U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard®
  • Bank of America® Business Advantage Customized Cash Rewards Credit Card

Best Pick For: Travel Rewards

The Blue Business® Plus Credit Card from American Express

The Blue Business® Plus Credit Card from American Express is handy if you engage in a variety of spending, or if you tend to make purchases outside the usual bonus categories of credit cards. And the redemption options could be perfect for the avid traveler.

2X points per dollar is good when it comes to non-category purchases, but it’s not too exciting. Thankfully you can kick things up a notch by transferring your points to airline and hotel partners, like Delta JetBlue, Hilton and Marriott Bonvoy, where points could be worth 2 cents each or more.

Runners-Up

  • Capital One 1.5X Spark Miles Select for Business
  • Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card
  • Bank of America® Business Advantage Customized Cash Rewards Credit Card

Best Pick For: Flat-Rate Rewards

American Express Blue Business Cash™ Card

Sometimes you just want a simple, hassle-free way to make business purchases and earn some rewards. No fancy redemptions, no time spent transferring points and looking for the best travel deals.

The American Express Blue Business Cash™ Card might be just what you’re looking for. With easy rewards and automatic cash back redemptions, you’ll hardly need to give it a second thought.

There are other 2% business cards, like the Capital One Spark 2% Cash Plus, but they typically have annual fees. Check out our favorite cash back business cards for a few other options.

Runners-Up

  • Chase Ink Business Unlimited® Credit Card
  • Capital One Spark 1.5X Cash Select for Business
  • The Blue Business® Plus Credit Card from American Express
  • Bank of America® Business Advantage Unlimited Cash Rewards Credit Card
  • Capital One Spark 1.5X Miles Select
  • Discover it® Business Card

Best Pick For: 0% Introductory APR

U.S. Bank Business Platinum

With extra long intro periods for both purchases and balance transfers, the U.S. Bank Business Platinum gives you more time to pay off debt than any other business card.

Either pay off new business expenses – good for buying ads, or stocking up on merchandise – or use a balance transfer to pay off other credit cards at a lower rate. Just be sure to factor in the transfer fee.

Runners-Up

  • U.S. Bank Business Triple Cash Rewards Elite Visa® Mastercard®
  • Bank of America® Platinum Plus® Mastercard® Business Credit Card
  • Bank of America® Business Advantage Customized Cash Rewards Credit Card
  • Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card

Best Pick For: Fair Credit

Capital One Spark 1% Classic for Business

Credit scores not quite where you’d like them to be? Don’t worry, you may still be able to qualify for some decent cards even if your credit history isn’t the best.

Consider the Capital One Spark Classic for Business, designed for business owners with fair credit. It’s not too fancy, as you’d expect, but cardholders can earn cash back rewards, distribute employee cards and take advantage of some shopping and travel benefits.

Best Pick For: Flexible Business Rewards

Bank of America® Business Advantage Customized Cash Rewards Credit Card

Stocking up on office supplies this month? Gearing up to travel the next?

Get a credit card with flexible bonus categories to meet your needs as they change throughout the year, like the Bank of America® Business Advantage Customized Cash Rewards Credit Card. You’ll be able to choose a 3% category each month, out of six common business expenses. And eligible Preferred Rewards for Business Platinum members can even get a 75% boost on all rewards.

Best Pick For: No Personal Guarantee

Brex Card (paid daily)

Most business credit cards require a personal guarantee – meaning they use your personal credit, just like any other credit card, and you’ll be liable for the debt (you “personally guarantee” it).

But a few cards don’t require a personal guarantee, and instead rely on the credit profile of your business. These cards usually provide big services for big businesses, like multimillion-dollar credit limits and payment reconciliation systems.

A hot contender is the Brex Card (paid daily), with a solid rewards program (you can choose one of three) and a massive selection of cost-saving perks. Those include statement credits and discounts to a variety of products like Amazon Web Services, Google Ads, ZenDesk, Twilio, SendGrid and more.

The Brex Card (paid daily) must be paired with a Brex Cash account (see the Brex Card (paid monthly) for a similar option that doesn’t require such an account). Consumers, sole proprietors, and unregistered businesses are not eligible for Brex cards.

Runners-Up

  • Divvy Credit Builder
  • Brex Card (paid monthly)
  • Stripe Corporate Card

Frequently Asked Questions

What’s the best no annual fee credit card for small businesses?

You don’t need to pay an annual fee to get a great business card. Our favorites include:

  • Ink Business Cash® Credit Card: For high cash back rates in common business categories like office supplies and internet services.
  • The Blue Business® Plus Credit Card from American Express: Flat-rate rewards with point transfer options for everything you buy.
  • Bank of America® Business Advantage Customized Cash Rewards Credit Card: To pick your own 3% cash back category, from gas, travel, computer services and more.
  • Capital One Spark 1%Classic for Business: If you’re working with fair credit and still want to earn some cash back.
  • Brex Card (paid daily): Excellent rewards and perks. No personal guarantee required.

What is a no annual fee business credit card?

No annual fee business cards are easy to explain – they have no annual fee or membership fee for the privilege of using them. But they typically do have credit card fees of other kinds, like late payment fees and interest charges.

Are there business credit cards with annual fees?

Yes – there are plenty of valuable business cards with annual fees.

But why would you pay an annual fee for a card, if there are other good options available? There are plenty of good reasons.

You might be paying for high-end travel perks, like the airport lounge access and exclusive services you’d get from The Business Platinum Card® from American Express. Perhaps you want great rewards and point transfer opportunities from the Ink Business Preferred® Credit Card. Or maybe your credit isn’t the best, so you have to go with a secured business card like the Wells Fargo® Business Secured Credit Card.

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