Our pick for

Flat-rate rewards

Capital One® Spark® Cash for Business

Capital One® Spark® Cash for Business

Apply Now on Capital One's secure site

Intro APR Promotions

N/A

APR

  • APR: 17.99% Variable APR
  • Penalty APR: 30.40%, Variable
  • Cash Advance APR: 23.99%, Variable

Annual Fee

$0 for the first year, then $59

Bonus Offer

Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $59 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount, anytime
  • Get employee cards at no additional cost, and earn rewards from their business spend
Bonus value
$500
Annual fee
$59
waived first year
Recommended credit score
690
850
Good - Excellent
We like it for
Simple flexible rewards Sign-up bonus No foreign transaction fees

Benefits

Flat-rate rewards cards are a bit like khakis: a little boring, but they go with everything. When you pair this 2% cash-back card with a tiered rewards card, you’ll always earn more than the “1% back on everything else” that most cards promise. If you’re a one-credit-card type of entrepreneur, a flat-rate card like this will likely offer better long-term value than a tiered rewards card.

Drawbacks

Bottom line

Our pick for

0% APR period

Ink Business Cash℠ Credit Card

Ink Business Cash℠ Credit Card

Apply Now on Chase's secure site

Intro APR Promotions

0% on Purchases and Balance Transfers for 12 months

APR

  • APR: 14.24% - 20.24% Variable APR
  • Cash Advance APR: 25.99%, Variable

Annual Fee

$0

Bonus Offer

Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening

  • Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening
  • Named "A Great Card for Small Businesses" - Kiplinger's Personal Finance, September 2016.
  • 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
  • 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 and balance transfers
  • Employee cards at no additional cost
  • No Annual Fee
Bonus value
$300
Annual fee
$0
Recommended credit score
690
850
Good - Excellent
We like it for
Interest-free period No annual fee Flexible cash-back rewards Spending limits for employees

Benefits

Credit cards with 0% APR periods are always crowd-pleasers, but for small businesses, they’re especially valuable. If you need to make a major inventory purchase, this $0-annual-fee card lets you float that debt interest-free for a while while earning great cash-back rewards. Also nice: You can get additional cards for employees at no cost and set spending limits on those cards.

Drawbacks

Bottom line

Our pick for

Airport lounge access

The Business Platinum® Card from American Express OPEN

The Business Platinum® Card from American Express OPEN

Apply Now on American Express's secure site

Intro APR Promotions

N/A

APR

  • Purchase: N/A

Annual Fee

$450

Bonus Offer

Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 25,000 points after you spend an additional $10,000 all on qualifying purchases within your first 3 months of Card Membership. Terms Apply.

  • Welcome Offer: Earn up to 75,000 Membership Rewards® points.
  • Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 25,000 points after you spend an additional $10,000 all on qualifying purchases within your first 3 months of Card Membership.
  • New: Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
  • 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.
  • You can also receive 35% points back on all First and Business class flights, with all airlines available through American Express Travel.
  • You can enjoy access to The American Express Global Lounge Collection℠ offering access to the most lounges across the globe, when compared with other U.S. credit card offerings. As of 11/2016
  • Terms Apply
  • View Rates and Fees
Bonus value
$500
Annual fee
$450
Recommended credit score
690
850
Good - Excellent
We like it for
Premium travel perks No spending limit No foreign transaction fees Spending limits for employees

Benefits

Business travelers know there’s nothing quite like getting a free meal, a quiet place to rest and maybe even a shower at an airport lounge during a long layover. The Business Platinum® Card from American Express OPEN provides access to more than 1,000 of these exclusive clubs worldwide, including Centurion lounges, Delta Sky Clubs, Airspace Lounges and Priority Pass Select lounges. You’ll also get a $200 credit for airline incidentals, such as checked baggage fees.

Drawbacks

Bottom line

Our pick for

Fair credit

Capital One® Spark® Classic for Business

Capital One® Spark® Classic for Business

Apply Now on Capital One's secure site

Intro APR Promotions

N/A

APR

  • APR: 23.99% Variable APR
  • Penalty APR: 30.40%, Variable
  • Cash Advance APR: 23.99%, Variable

Annual Fee

$0

Bonus Offer

None

  • Enjoy no annual fee
  • Earn 1% cash back on every purchase, every day
  • Build business credit with responsible use
  • Fraud coverage if your card is ever lost or stolen
  • No foreign transaction fees
  • Enjoy business benefits including Year-End Summaries, employee cards at no extra cost and experienced small business customer service
Bonus value
$0
Annual fee
$0
Recommended credit score
350
689
Poor - Average
We like it for
No annual fee Cash-back rewards Building business credit

Benefits

As long as you pay your balance in full every month, this card is a whole lot cheaper than many of the high-interest loans and other short-term financing offers marketed to entrepreneurs with fair credit. You earn cash-back rewards on your spending, too. With on-time payments, you can work toward strengthening your personal credit and business credit.

Drawbacks

Bottom line

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.

Last update Jan. 27, 2017.

Claire Tsosie is a staff writer at NerdWallet, a personal finance website. Email: claire@nerdwallet.com. Twitter: @ideclaire7.