Skip to content
2020

Best Business Credit Cards With No Annual Fees

Advertiser Disclosure

Credit Card Insider is an independent, advertising supported website. Credit Card Insider receives compensation from some credit card issuers as advertisers. Advertiser relationships do not affect card ratings or our Editor’s Best Card Picks. Credit Card Insider has not reviewed all available credit card offers in the marketplace. Content is not provided or commissioned by any credit card issuers. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. Credit Card Insider has partnered with CardRatings for our coverage of credit card products. Credit Card Insider and CardRatings may receive a commission from card issuers. A list of these issuers can be found on our Editorial Guidelines.

Looking for an easy, inexpensive spending solution for your business? Credit cards offer a variety of valuable rewards and perks, plus benefits to help your business run more smoothly — like 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 Business Credit Cards With No Annua...
Brendan Harkness

By Brendan Harkness

Selection Criteria

Aside from having no annual fee, of course, here are some of the qualities we looked for to give you the very best of the best.

  • Good reward rates: Why earn 1% cash back when you can earn 2%? Or 5%? We’ve winnowed out the low offers to show you the best rates available.
  • Introductory bonuses: They won’t seem like much for large businesses, but small businesses and sole proprietors could get a lot of value from a credit card signup bonus.
  • Introductory interest rates: A card with a 0% intro APR for purchases and/or balance transfers can help you pay off some large expenses, before the regular variable APR kicks in.
  • Perks and benefits: Rewards are great, but some business cards deliver their primary value through perks, like statement credits and discounts for popular business services.
  • Business management tools and services: They’re not as exciting as rewards and perks, but some decent expense tracking and management tools can be very handy, especially around tax season.
  • Solid customer support: Bad credit card customer support can be a nightmare, and you don’t want that touching your business. With the occasional exception, the major credit card issuers will usually treat you well.
Is a No Annual Fee Business Card Right for You?
Best Business Credit Cards With No Annua...
Brendan Harkness

By Brendan Harkness

Is a No Annual Fee Business Card Right for You?

Small business credit cards without annual fees can be quite valuable, giving you an easy way to manage your spending and take advantage of rewards and benefits. There could be no cost to you at all, as long as you avoid interest and other fees.

Cards without annual fees are less likely to stress you out, or make you feel like you need to use them. If you don’t happen to use a no annual fee card for a while, it won’t burn a hole in your pocket. (It may actually help out your credit.)

But really, the annual fee shouldn’t usually be a huge factor — if you’ll get enough out of the card, a fee could easily be worth it. And, since cards with annual fees tend to have better features, you may benefit much more from a card with a fee compared to one without.

Consider your options — including other great business cards — to see which would provide the most value for your business, after any associated costs.

Selection Criteria
BEST PICK FOR

High Cash Back Rates

Ink Business Cash℠ Credit Card

Our rating
Min. credit level Excellent
Details
Annual Fee $0
Regular APR 14.74% - 20.74% Variable
Apply Now

securely on the issuer's website

The Ink Business Cash 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!

Spending Rewards
  • 5% cash back on Lyft rides
  • 5% cash back on up to $25,000 spent per year at:
    • Office supply stores
    • Internet, cable, and phone services
  • 2% cash back on up to $25,000 spent per year at:
    • Gas stations
    • Restaurants
  • 1% cash back on all other purchases
Introductory Bonus Offer
  • $500 bonus cash back for spending $3,000 in the first 3 months after account opening
    • Return on spend: 16.67%

Take note that the spending limits are per account anniversary year, rather than annual.

  • Extra reward opportunities: Earn more cash back via the Shop through Chase and Chase Offers programs.
  • Shopping and Travel protections: Including Purchase Protection, Extended Warranty Protection, Travel and Emergency Assistance Services, and more.
  • Purchase APR: 0% for 12 months, then 14.74% - 20.74% Variable
  • Annual fee: $0

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

  • 3% cash back in one category of your choice each month: Gas, Travel, Office supply stores, TV/telecom & wireless services, Computer services, Business consulting services
  • 2% cash back at Restaurants
  • $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening
  • Spending limit: 3% and 2% rewards only up to $50,000 per calendar year, then 1% back
  • Purchase APR: 0% for 9 billing cycles, then 13.74% - 23.74% Variable APR
  • Annual fee: $0.00
View card details
  • 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
BEST PICK FOR

Flat-Rate Cash Back

American Express Blue Business Cash™ Card

Our rating
Min. credit level Good
Details
(Rates & Fees)
Annual Fee No annual fee
Regular APR 13.24–19.24% Variable
Apply Now

securely on the issuer's website

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 2% back on every purchase (up to $50K spent per year) 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® Cash for Business, but they typically have annual fees.

Spending Rewards
  • 2% cash back for every purchase, up to $50,000 spent annually
  • 1% cash back for every purchase after that

And that’s that. A pretty simple way to earn a decent rate on any purchase.

Just take note of the annual limit; if you’ll spend more than that you may want another credit card to help out, perhaps one with some bonus categories to cover your common expenses.

  • Amex Offers: Earn extra cash back and find discounts with a changing selection of merchants.
  • Shopping and Travel protections: Like Car Rental Loss and Damage Insurance, Extended Warranty, and Purchase Protection
  • Purchase APR: 0% for 12 months, then 13.24–19.24% Variable
  • Annual fee: No annual fee

Ink Business Unlimited℠ Credit Card

  • 5% cash back on Lyft rides
  • 1.5% cash back for every other purchase you make
  • $500 cash bonus for spending $3,000 in the first 3 months after account opening
  • Purchase and Balance Transfer APR: 0% for 12 months, then 14.74% - 20.74% Variable
  • Annual fee: $0
View card details

Capital One® Spark® Cash Select for Business

  • 1.5% cash back for every purchase you make
  • $200 cash bonus for spending $3,000 in the first 3 months after account opening
  • Purchase APR: 0% for 9 months, then 14.49% - 22.49% Variable
  • No foreign transaction fees
  • Annual fee: $0
View card details

Discover it® Business Card

  • 1.5% cash back for every purchase you make
  • Cashback Match: Earn double cash back in your first year.
  • Purchase APR: See Terms for See Terms, then See Terms
  • No foreign transaction fees
  • Annual fee: $0
View card details
1 3
  • 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.
  • No Annual Fee
  • Terms Apply
  • See Rates & Fees

American Express is a Credit Card Insider advertiser.

The information related to American Express Blue Business Cash™ Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

BEST PICK FOR

Flexible Business Rewards

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

Our rating
Min. credit level Excellent
Details
Annual Fee $0.00
Regular APR 13.74% - 23.74% Variable APR
Apply Now

securely on the issuer's website

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 Cash Rewards Mastercard® credit card. You’ll be able to choose the eligible purchases to earn 3% back on each month, out of six popular business-related categories. And eligible Preferred Rewards for Business Platinum members can even get a 75% boost on all rewards.

Spending Rewards
  • 3% cash back in one category of your choice each month:
    • Gas
    • Travel
    • Office supply stores
    • TV/telecom and wireless services
    • Computer services
    • Business consulting services
  • 2% cash back at Restaurants
  • 1% cash back on all other purchases
  • Spending limit: 3% and 2% rewards only up to $50,000 per calendar year, then 1% back
Introductory Bonus Offer
  • $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening

The 3% category will be set to gas stations by default.

  • Bank of America Preferred Rewards for Business: Get a 25%–75% bonus on all rewards if you have eligible BofA or Merrill Lynch bank accounts.
  • Purchase APR: 0% for 9 billing cycles, then 13.74% - 23.74% Variable APR
  • Annual fee: $0.00
  • Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening – with no annual fee and cash rewards don’t expire.
  • Earn 3% cash back in the category of your choice, 2% cash back on dining and unlimited 1% cash back on all other purchases.
  • You’ll get 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
  • 0% Introductory APR on purchases for your first 9 billing cycles.
  • Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account.
  • Get 75% more cash back on every purchase when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 5.25% on your selected choice category, 3.5% on dining and unlimited 1.75% cash back on all other purchases.
BEST PICK FOR

Travel Rewards

The Blue Business® Plus Credit Card from American Express

Our rating
Min. credit level Good
Details
(Rates & Fees)
Annual Fee No annual fee
Regular APR 13.24–19.24% Variable
Apply Now

securely on the issuer's website

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

The Blue Business Plus is our top pick thanks to Amex’s expansive selection of airline and hotel partners, which includes names like Delta, JetBlue, Hilton, and Marriott Bonvoy. And there’s a pretty lengthy 0% introductory APR (for a business card), giving small business owners some time to pay off upfront expenses.

Spending Rewards
  • 2X Membership Rewards points per dollar spent on the first $50,000 in purchases each year
  • 1X Membership Rewards point per dollar spent on all purchases after that

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, where they could be worth 2 cents each or more.

That’d give you a cash back equivalent of at least 4% on everything you buy at the 2X rate — and that’s quite the lucrative deal when it comes to credit cards.

  • Amex Offers: Earn extra points and find discounts with a changing selection of merchants.
  • Point transfer: To a variety of hotel and airline partners.
  • Purchase APR: 0% for 12 months, then 13.24–19.24% Variable
  • Annual fee: No annual fee

Capital One® Spark® Miles Select for Business

  • 5X miles per dollar for:
    • Hotels booked through Capital One Travel
    • Rental cars booked through Capital One Travel
  • 1.5X miles per dollar for all other purchases
  • 20,000 bonus miles for spending $3,000 on purchases in the first 3 months
  • Purchase APR: 0% for 9 months, then 14.49% - 22.49% Variable
  • No foreign transaction fee
  • Annual fee: $0
View card details

Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

  • 3X points on travel booked through the Bank of America Travel Center
  • 1.5X points on all other purchases
  • 30,000 bonus points for spending $3,000 within 90 days of account opening
  • Purchase APR: 0% for 9 billing cycles, then 13.74% - 23.74%
  • No foreign transaction fee
  • Annual fee: $0.00
View card details
1 2
  • 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

American Express is a Credit Card Insider advertiser.

The information related to The Blue Business® Plus Credit Card from American Express has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

BEST PICK FOR

Fair Credit

Capital One® Spark® Classic for Business

Our rating
Min. credit level Fair
Details
Annual Fee $0
Regular APR 24.49% Variable
Apply Now

securely on the issuer's website

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 some cash back rewards, distribute employee cards, and take advantage of some shopping and travel benefits.

Spending Rewards
  • 1% cash back for every purchase
  • Shopping and Travel protections: Including Purchase Security, Extended Warranty, and Auto Rental Collision Damage Waivers
  • Quarterly and year-end summaries
  • Free employee cards
  • No foreign transaction fee
  • Annual fee: $0

The information related to Capital One® Spark® Classic for Business has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

BEST PICK FOR

No Personal Guarantee

Brex Corporate Card

Our rating
Min. credit level Eligibility determined by business financials
Details
Annual Fee $0
Regular APR Not Applicable - Paid in Full Monthly
Apply Now

securely on the issuer's website

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 your business’ credit profile. These cards usually provide big services for big businesses, like multimillion-dollar credit limits and payment reconciliation systems.

A hot contender is the Brex Corporate Card, with a solid rewards program 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.

Take note that all of the Brex cards are designed for large corporations, with professional investors and a lot of money in a business bank account. Consumers, sole proprietors, and unregistered businesses are ineligible for Brex cards.

Spending Rewards
  • 7X points per dollar on Rideshare services (including Uber, Lyft, taxi, etc.)
  • 4X points per dollar on Brex Travel (flights, hotels, Airbnb)
  • 3X points per dollar on Restaurants
  • 2X points per dollar on Recurring software purchases
  • 1X point per dollar on all other purchases
Alternate Rewards Program, Due to COVID-19
  • 7X points per dollar on Collaboration tools
  • 3X points per dollar on Food delivery
  • 2X points per dollar on Recurring software purchases
  • 1X point per dollar on all other purchases
Introductory Bonus Offer
  • 30,000 bonus reward points after approval and waived card fees for life
    • Value: $300 (when redeemed for a statement credit)
  • Perks: Thousands of dollars in statement credits, plus discounts and more, for services like Amazon Web Services, WeWork, Google Ads, SendGrid, and Twilio (explained here)
  • Point transfer: At a 1:1 rate to select airline loyalty programs
  • Employee cards: First 5 cards for free; $5 fee per card after that
  • Virtual cards: After you’re approved, Brex gives you immediate access to virtual cards, which you can use for online or phone purchases.
  • No foreign transaction fee
  • Annual fee: $0
  • Not available to sole proprietors

Brex Ecommerce Card

  • Choose net 30 or net 60 day terms to pay
  • 1X point per dollar if you choose net 30 days
  • Same benefits as other Brex cards, like discounts, point transfers, and statement credits
  • Annual fee: $0
  • Not available to sole proprietors
View card details

Brex Life Sciences Card

  • 7X points per dollar on Conference tickets
  • 4X points per dollar on Brex Travel
  • 3X points per dollar on Lab supplies
  • 1X point per dollar on all other purchases
  • Same benefits as other Brex cards, like discounts, point transfers, and statement credits
  • Annual fee: $0
  • Not available to sole proprietors
View card details

American Express® Corporate Platinum Card

  • 1X Membership Rewards point per dollar for all purchases
  • Perks: $200 airline fee credit, Global Lounge Collection, Global Entry/TSA PreCheck credit, Hilton Honors Gold status
  • Annual fee: $550
View card details

Stripe Corporate Card

  • 2% cash back in your top two spending categories each month, out of several options
  • 1% cash back on all other purchases
  • $50,000 in free payment processing for spending $5,000
  • Perks: $5,000 in Amazon Web Services credits, three months of Basic Shopify for free, $436 in Zendesk credits per month for the first year, 40% off Hubspot for the first year, 50% off Expensify for six months, and more
  • Annual fee: None
  • Available by invite only (you can request an invite)
View card details
1 4
  • 7X points per dollar on Rideshare Services and Taxis
  • 3X points per dollar on Travel and at Restaurants
  • 2X points per dollar on Recurring Software Purchases
  • 30,000 bonus reward points and waived card fees for life
  • $5,000 in Amazon Web Services credit over a year
  • $150 in Google Ads credit
  • 15% off the list price for a U.S. WeWork office space, for 6 months
  • 20% discount on a first year subscription to Carta, and waived implementation fees
  • 25% subscription discount for Salesforce, up to $375 off
  • No foreign transaction fees
  • No annual fee
  • Not available to sole proprietors

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:

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. You can check out the best business cards here, some of which have 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 (Review). Perhaps you want great rewards and point transfer opportunities from the Ink Business Preferred® Credit Card (Review). 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.

For rates and fees of the American Express Blue Business Cash™ Card, please click here.

For rates and fees of The Blue Business® Plus Credit Card from American Express, please click here.

For rates and fees of The Business Platinum Card® from American Express, please click here.

Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. Advertiser relationships do not affect card evaluations. Advertising partners do not edit or endorse our editorial content. Content is accurate to the best of our knowledge when it's published. Learn more in our Editorial Guidelines.

The information related to American Express Blue Business Cash™ Card, The Blue Business® Plus Credit Card from American Express, Capital One® Spark® Classic for Business, The Business Platinum Card® from American Express, Capital One® Spark® Cash Select for Business, Discover it® Business Card, Capital One® Spark® Miles Select for Business, and American Express® Corporate Platinum Card have been collected by Credit Card Insider and have not been reviewed or provided by the issuer or provider of these products.

Person holding a card while smiling
INSTANT, ONLINE, IN MINUTES

Find your next credit cards with the benefits you're looking for

Get Started
Pleased person with hands below head