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The Best Small Business Credit Cards of 2016

This article was written by in Credit. 8 comments.

Small businesses often require a substantial line of credit early on to survive the start-up stage. In a perfect world, everyone would have the cash to fund their start-up but it’s not always that easy. These days, finding a bank that can lend to small businesses is extremely difficult, so one of the alternatives is to fund a business is by selecting a small business credit card from the list of best credit card deals here.

Small business credit cards have been around for a while, but some of the most well known lenders like Advanta were causalities of the economic recession. This is a list of the best small business credit cards you can find online today.

Editor’s choice

Ink Cash Business Credit CardMy pick for the best small business credit card is the Ink Cash Business Credit Card from Chase. New cardholders can earn $200 bonus cash back after spending $3,000 on purchases within the first three months of account opening. Cardholders earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year. Plus, they can earn 2% cash back at gas stations and dining at restaurants on the first $25,000 spent in combined purchases each account anniversary year and unlimited 1% cash back on all other Ink Cash Business Credit Card purchases.

In addition to the great cash back offer, the card comes with other perks. See the issuer’s terms about the Ink Cash Business Credit Card’s introductory APR on balance transfers and purchases. Owning the Ink Cash card costs nothing, as the card carries no annual fee. Finally, adding additional cardholders is a snap because again, Chase charges no fee. In terms of rewards, introductory offer and overall quality, the Ink Cash Business Credit Card is an all-around solid offer.

Other Top Credit Cards for Businesses

Ink Plus Business Credit Card: This card adds some additional perks, but also an annual fee, to the Ink Cash version of the card. In exchange for a $95 annual fee, you can earn 60,000 bonus points when you charge $5,000 on purchases in the first 3 months from account opening. Sixty thousand points is good for $750 toward travel when you redeem through Chase Ultimate Rewards. This makes the Ink Plus card one of the highest bonus cards available today. You can also earn up to 5 points per $1 spent in certain categories subject to a spending cap. If you charge a lot to a business credit card, the Ink Plus card is an ideal choice.

Capital One: The folks at Capital One offer four different versions of a small business credit card. Each of them is an excellent choice, depending on your spending patterns. Here’s a quick summary of each card:

  • Capital One® Spark® Cash for Business: Unlimited 2% cash back and a one-time $500 cash bonus once you spend $4,500 on purchases within the first 3 months. Annual fee: $0 intro annual fee for the first year; $59 after that. Get more details here.
  • Capital One® Spark® Cash Select for Business: Unlimited 1.5% cash back and a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months. Annual fee: $0. Get more details here.
  • Capital One® Spark® Miles for Business: Earn 2 miles per $1 on every purchase and a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months. Annual fee: $0 intro annual fee for the first year; $59 after that. Get more details here.
  • Capital One® Spark® Miles Select for Business: Earn 1.5 miles per $1 on every purchase and a one-time bonus of 20,000 miles once you spend $3,000 on purchases within the first 3 months. Annual fee: $0. Get more details here.

Starwood Preferred Guest® Business Credit Card from American Express. American Express is at it again, offering the Starwood Preferred Guest® Business Credit Card from American Express for small business owners who frequently find themselves in hotels. You can earn 25,000 bonus Starpoints® after spending $5,000 on purchases with the card during the first three months of Card Membership. Cardholders may earn 2 Starpoints for each dollar of eligible purchases charged directly with hotels and resorts participating in the SPG® program and one Starpoint for each dollar spent on other eligible purchases. Terms and conditions apply.

There is a $0 introductory annual fee for the first year, and after that the annual fee is $95.

Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are authors alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.

Important Note! The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we can not guarantee the accuracy of the information in this article. Please verify all terms and conditions of any credit or charge card prior to applying.


Updated October 18, 2016 and originally published February 22, 2012. If you enjoyed this article receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 8 comments… read them below or add one }

avatar 1 Anonymous

Thanks for sharing this information. It is very important to do your homework when deciding on which credit card to use. The information in this post is great for side-by-side comparison of cards and rates.

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avatar 2 Anonymous

Looking into the Chase Ink with Ultimate Rewards. Would love a card that gives me travel perks :)

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avatar 3 Anonymous

We currently use Ink Cash Business for our company & have for a while. We use it for a lot for business & sometimes have somewhat high balances, but have for years. About 3-4 years ago, our interest rate was around 12%. Now it is 25.99%. I just got off the phone with them trying to find out why. I was told “the high cost of lending money”, “the cost of the cards”, and a few others. We will be switching to a credit union. Be careful if you have monthly balances.

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avatar 4 Anonymous

One awesome thing is that interest rates are sooooo low. Even though some credit companies are freaking out about having so much disclosure on their interest policies and pricing, it still ends up being advantageous to many small business owners. And when it comes down to it, that is who keeps our economy rolling.

Yay small business owners!

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avatar 5 Anonymous

Thanks for sharing your reviews with us!

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avatar 6 Anonymous

Even if you don’t plan on financing your business with a small business credit card, it is still very convenient to have one on hand. You don’t want to be putting miscellaneous business purchases on your personal credit card and then have to sort through it all later. Plus the fact that you can earn rewards or cash back with a business credit card just adds to the benefits.

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avatar 7 Anonymous

You’ve made a mistake regarding the Plum Card. Yes, it is a charge card, but you don’t have to pay in full every month like most charge cards. It has 2 payment features: the early pay discount you described, and then the defer pay feature. It let’s you carry a balance, interest free, up to 60 additional days from the payment due date. It’s like a charge card/credit card hybrid. But better than credit cards in the sense that they won’t charge you interest for carrying a balance.

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avatar 8 Anonymous

It is important to do as much research as possible before deciding to apply for business credit cards. The purpose that the card is going to used for is a prioirty. Then the reward structure and benefits can be matched against it.

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