Best No Annual Fee Credit Cards for Business
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Paying an annual fee on a credit card can make a lot of sense when it unlocks rich rewards and valuable perks, and the annual fee on a business credit card can even be a tax-deductible expense. Even so, many entrepreneurs have, well, zero desire to pay more than zero dollars to carry a credit card. If you're one of them, you have a wide selection of no-annual-fee business credit cards lined up below.
Ink Business Unlimited® Credit Card
1.5% cash back on purchases, 0% intro APR period, big sign-up bonus
The Ink Business Unlimited® Credit Card is a solid choice for entrepreneurs whose spending doesn't fall neatly into the bonus categories on many business credit cards. You'll get unlimited 1.5% cash back, a 0% introductory APR period for purchases and a rich sign-up bonus: Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. Read our review.
Annual Fee
$0
Rewards Rate
1.5x
Cashback
Intro offer
$750
Recommended Credit Score
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- 0% introductory APR for 12 months on purchases
- Employee cards at no additional cost
- No Annual Fee
Pros
- High rewards rate
- No annual fee
- Intro APR period on Purchases
Cons
- Has foreign transaction fee
Discover it® Business Card
1.5% cash back on purchases, 0% intro APR period, cash-back match
The Discover it® Business Card is another excellent option for flat-rate cash-back. You'll earn unlimited 1.5% cash back on purchases. You'll enjoy an introductory APR of 0% on Purchases for 12 Months, and then the ongoing APR of 14.49% - 22.49% Variable APR. And you'll get Discover's signature bonus offer for new cardholders, which the issuer puts this way: "Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. And no limit to how much we’ll match. So you could turn $350 cash back into $700 with Cashback Match™." Read our review.
Annual Fee
$0
Rewards Rate
1.5%
Cashback
Intro offer
Cashback Match™
Recommended Credit Score
- INTRO OFFER: Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. And no limit to how much we’ll match. So you could turn $350 cash back into $700 with Cashback Match™.
- Earn 1.5% cash back on every dollar spent on all purchases.
- Redeem your cash back for any amount, any time. Your rewards never expire.
- Track business expenses. Download transactions easily into Quicken, QuickBooks, and Excel.
- Add up to 50 free employee cards.
- No annual fee.
- 100% U.S. based customer service. Talk to a real person at any time, day or night.
- Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
Pros
- High rewards rate
- No annual fee
- No foreign transaction fee
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
1.5 points per dollar, solid sign-up bonus
Flexible rewards make the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card a great choice for business travelers who don't confine themselves to any single airline or hotel chain. You earn unlimited 1.5 points per dollar spent on purchases, and 3 points per dollar on bookings through the issuer's Travel Center. Points can be redeemed for credit against any travel purchase. There's a solid sign-up bonus, too: Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening which can be redeemed for a $300 statement credit towards travel purchases. Read our review.
Annual Fee
$0
Rewards Rate
1.5x-3x
Points
Intro offer
30,000
Points
Recommended Credit Score
- Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening which can be redeemed for a $300 statement credit towards travel purchases.
- Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.
- Earn 3 points per every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center.
- No annual fee and no international transaction fees.
- 0% Introductory APR on purchases for your first 9 billing cycles.
- Redeem points for travel with no blackout dates, cash back or gift cards.
- Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.
Pros
- No annual fee
- Unlimited flat-rate rewards
- No foreign transaction fee
- Intro APR period on Purchases
Cons
- Requires excellent credit
Ink Business Cash® Credit Card
Up to 5% cash back, 0% intro APR period, big sign-up bonus
The Ink Business Cash® Credit Card earns 5% cash back on on the first $25,000 in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% on all other purchases. Throw in a nice 0% introductory APR period and a bonus offer worth $750, and it's a great choice — assuming your spending fits the bonus categories. Read our review.
Annual Fee
$0
Rewards Rate
1x-5x
Cashback
Intro offer
$750
Recommended Credit Score
- Earn $750 bonus cash back after you spend $7,500 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
Pros
- No annual fee
- Intro APR period on Purchases
- High rewards rates in certain categories
- Sign-up bonus
Cons
- Requires good/excellent credit
- Spending caps in bonus categories
- Low rewards rate outside bonus categories
Bank of America® Business Advantage Cash Rewards Mastercard® credit card
Customizable cash back up to 3%, good sign-up bonus
The Bank of America® Business Advantage Cash Rewards Mastercard® credit card pays 3% cash back in a category of your choice and 2% at restaurants, on up to $50,000 a year in combined 3%/2% spending, plus 1% cash back on all other purchases. The 3% categories, which you can change once a month, are travel; gas stations; TV, telecom and wireless; office supply stores; computer services; and business consulting services. Sign-up bonus: 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, no cap on the amount of cash rewards you can earn and they don't expire. Read our review.
Annual Fee
$0
Rewards Rate
1%-3%
Cashback
Intro offer
$300
Recommended Credit Score
- 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.
Pros
- No annual fee
- Intro APR period on Purchases
- High rewards rate on one of your choice of six categories
Cons
- Requires excellent credit
American Express Blue Business Cash™ Card
0% intro APR period, cash rewards
The American Express Blue Business Cash™ Card offers one of the better 0% introductory APR offers among business cards. You get an introductory 0% intro APR on Purchases for 12 months, and then the ongoing APR of 13.24% - 19.24% Variable APR. This card also earns 2% cash back on the first $50,000 in eligible purchases each year, and 1% after that. Cash back is automatically applied to your statement as a credit each month. Terms apply. Read our review.
Annual Fee
$0
Rewards Rate
1%-2%
Cashback
Intro offer
N/A
Recommended Credit Score
- 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
- View Rates and Fees
Pros
- High rewards rate
- No annual fee
Cons
- Annual spending cap
The Blue Business® Plus Credit Card from American Express
0% intro APR period, rewards
The Blue Business® Plus Credit Card from American Express is nearly identical to the American Express Blue Business Cash™ Card, except that it gives you American Express Membership Rewards points instead of cash back. You earn 2 points per dollar spent on the first $50,000 in eligible purchases each year, and 1 point per dollar after that. The introductory 0% offer is the same. Terms apply. Read our review.
Annual Fee
$0
Rewards Rate
1x-2x
Points
Intro offer
N/A
Recommended Credit Score
- 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
- View Rates and Fees
Pros
- High rewards rate
- No annual fee
To view rates and fees of the American Express Blue Business Cash™ Card, please visit this page.
To view rates and fees of The Blue Business® Plus Credit Card from American Express, please visit this page.
Methodology
NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.
