Best Secured Business Credit Cards of 2024

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Secured business credit cards are best for entrepreneurs with personal credit scores below 690. That’s the minimum FICO score needed to get most business credit cards. For business owners who can’t hit that number, a secured card is a solid choice to start building credit in your company’s name.

Secured business cards are somewhat uncommon — and those with top-notch rewards, even more so. After reviewing the available options, we think the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card is the best choice for most small-business owners.

🏆 Our pick: The best secured business credit card

The Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card has no annual fee and earns unlimited 1.5% cash back on all purchases. It also offers a stepping stone to getting a credit line from a major bank — a big plus for growing businesses.

BofA checks a lot of boxes, but it won’t be right for everyone. For instance, well-established registered businesses could qualify for a corporate card based on their company's financial performance, rather than the applicant’s personal credit history.

Also, if personal credit is what’s pushing you toward a secured business credit card, a secured personal card is a better choice to address that underlying challenge. Those cards will help build or rebuild your own credit score, which can set your business up to tap into unsecured financing in the future.

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NerdWallet's business credit card content, including our ratings, reviews and recommendations, is overseen by a team of writers and editors who specialize in business credit cards. Their work has appeared in The Associated Press, Washington Post, MarketWatch, Nasdaq, Entrepreneur, ABC News, MSN and other national and local media outlets. Each writer and editor follows NerdWallet's strict editorial guidelines to ensure fairness and accuracy in our coverage. We independently evaluate and rate dozens of small-business credit cards, scoring them on fees, rewards rates, bonus offers and other features to help you choose the best business card for your company.

Our guide to secured business credit cards