6 Low-Fee Business Credit Cards That Are Great for Small Businesses

6 Low-Fee Business Credit Cards That Are Great for Small Businesses

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You don’t need to spend a lot of money to get a great small business credit card. In fact, there are plenty of cards for small businesses that offer generous rewards and valuable benefits, with no annual fee. Also, these cards come with all the same expense tracking and reporting features found on the issuer’s premium cards that cost hundreds of dollars a year.

The Case for No-Fee Business Credit Cards

The small business credit cards that have pricey annual fees are typically the ones that offer premium travel rewards and benefits. These cards are great for road warriors, but many businesses operate entirely within their community, and their owners have little or no need for these travel perks. And while most of the premium small business credit cards offer rewards in the form of airline miles or hotel points that can be difficult to use, the no-fee cards typically return good old cash back that’s simple to redeem. Finally, the small business credit cards that have no annual fee and offer no rewards will typically have lower interest rates than reward cards.

Business CCs

Pro tip: Business credit cards can make sure you always have emergency cash on hand. Browse your top business credit card matches for free and apply in minutes!

Here are six of the best small business credit cards with no annual fees:

1. Ink Business Cash℠ Credit Card

This card starts off with a very generous sign-up bonus. Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.. You can Earn 5% cash back in select business categories.. Other benefits include purchase protection, extended warranty coverage and a roadside dispatch service. There’s no annual fee for this card, but there is a foreign transaction fee of 3% of each transaction in U.S. dollars.

Ink Business Cash℠ Credit Card

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account Learn More

2. The Blue Business℠ Plus Credit Card from American Express

This card offers very competitive travel rewards, but still has no annual fee. Earn 2X points on everyday business for the first $50,000 in purchases per year, 1 point per dollar thereafter.. Points are earned in the American Express Membership Rewards program, which offers gift cards, merchandise or travel reservations. Or, you can transfer your points to airline miles with 16 different frequent flyer programs. New applicants also receive 0% on purchases and balance transfers for 15 months. There’s no annual fee, but foreign transaction fees are 2.7% of each transaction.

The Blue Business℠ Plus Credit Card from American Express
American Express is a Nav Partner
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The Blue Business℠ Plus Credit Card from American Express

Get rewarded for business as usual. Earn 2X points on everyday business purchases such as Learn More

3. Capital One® Spark® Cash Select for Business

This card offers small business owners 1.5% Cash Back on every purchase, every day.. You’ll get $200 Cash Back once you spend $3,000 on purchases within 3 months from account opening. You also receive 0% on purchases for 9 months. There’s no annual fee for this card, and no foreign transaction fees.

Capital One® Spark® Cash Select for Business

Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your Learn More

4. SimplyCash® Plus Business Credit Card from American Express

This no-fee card offers very strong cash back returns on many common business purchases. You 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases. 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement. There’s no annual fee for this card, but there is a foreign transaction fee of 2.7% of each transaction.

SimplyCash® Plus Business Credit Card from American Express
American Express is a Nav Partner
Terms and Conditions

SimplyCash® Plus Business Credit Card from American Express

Special Offer: Earn up to $500 cash back. Earn a $250 statement credit after you spend $5,000 in Learn More

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

This card allows you to get 3% cash back on purchases at gas stations and office supply stores (up to $250,000 each calendar year, 1% after that). 1% cash back on all other purchases. 2% cash back on purchases at restaurants.. New applicants can $200 statement credit when you make at least $500 in net purchases within 60 days of your account opening.. There’s no annual fee for this card, and no foreign transaction fees.

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

Get a $200 statement credit when you make at least $500 in net purchases within 60 days of Learn More

6. U.S. Bank Business Edge™ Platinum Card

When small businesses are looking to save money on financing purchases rather than earning rewards, this is a card to consider. It offers new accounts 12 months of 0% APR financing on both new purchases and balance transfers, with a 3% balance transfer fee. Once the promotional financing period expires, the standard APR will apply, which is 11.49% to 19.49%, depending on the applicant’s creditworthiness. There’s no annual fee for this card, but there is a 3% foreign transaction fee.

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About the Author — Jason Steele is an expert in the credit card industry. He is frequently quoted in national media and his work is regularly featured by mainstream outlets such as Yahoo! Finance, MSN Money, and Business Insider.

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