Best Business Credit Cards New Business for Startups

As a new business owner, you're likely eager to establish a strong financial foundation and make smart spending decisions.

The best business credit cards for new businesses are those that offer low fees, generous rewards, and flexible repayment terms.

One card to consider is the Chase Ink Business Preferred Card, which offers a 80,000-point bonus after spending $5,000 in the first 3 months, with a $95 annual fee.

This card also offers 3 points per dollar on the first $150,000 spent in combined purchases on shipping, advertising, and travel, making it an excellent choice for businesses with high expenses in these areas.

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The U.S. Bank Altitude Connect World Elite Mastercard is a great option for small business owners who want to earn travel rewards. This card was launched in 2023.

One of the key benefits of this card is its rewards program. You'll earn 5X points on hotel and car rentals when you book them through the Rewards Center.

The card also offers 4X points on the first $150,000 of travel expenses each year. This is a significant earning potential for business owners who frequently travel.

In addition to travel expenses, you'll earn 2X points on qualifying dining expenses and cell phone service. This is a nice bonus for business owners who frequently dine out or have a lot of cell phone expenses.

The annual fee for this card is $0 for the first year, then $95. This is a relatively low fee compared to other business credit cards.

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Chase Ink Credit Cards offer a range of rewards and benefits for businesses, with bonus cash back and points available on various purchases.

You can earn up to $750 bonus cash back with the Ink Business Cash Credit Card, with a $350 bonus when you spend $3,000 in the first 3 months and an additional $400 when you spend $6,000 in the first 6 months.

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The Ink Business Cash Credit Card also offers 5% cash back in select business categories, and 0% intro APR for 12 months from account opening on purchases.

The Ink Business Premier Credit Card offers $1,000 bonus cash back after you spend $10,000 on purchases in your first 3 months from account opening.

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The Ink Unlimited option isn't explicitly mentioned, but we can infer some details from the Ink Business Premier Credit Card. The Pay in Full Card with Unlimited Earn Potential is only available on this card, which means you can earn cash back on every purchase.

You'll earn 2.5% cash back on every purchase of $5,000 or more, and 2% cash back on all other business purchases. This is a great option for businesses with large purchases or consistent spending.

The Flex for Business variable APR is 18.49Min. of (7.50+10.99) and 29.99%–26.49Min. of (7.50+18.99) and 29.99%. This APR applies to purchases, and it's essential to consider it when deciding whether to use this card for your business.

To qualify for the Ink Business Premier Credit Card, you'll need to spend $10,000 on purchases in your first 3 months from account opening, which earns you a $1,000 bonus cash back.

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If you're looking for a credit card with no annual fees, you've got options. The Bank of America Business Advantage Unlimited Cash Rewards Secured Business Credit Card has no annual fees, making it a great choice for new entrepreneurs.

The Ramp Visa Corporate Card is another option, with no annual fees or late payment fees. Business owners can issue unlimited virtual and physical cards at no additional cost, and earn up to 1.5% cash back on purchases.

The Valley Visa Secured Business Credit Card also offers no annual fees, and has a 0% intro APR period that can come in handy for big purchases. This can be a lifesaver for business owners with upcoming expenses.

Here are some other cards with no annual fees:

If you're a frequent business traveler, a travel rewards credit card can be a game-changer for your company. You'll earn points or cash back on your purchases, which can be redeemed for travel expenses, such as flights, hotels, and rental cars.

The Capital One Spark 1% Classic† is a great option for business owners who travel regularly, offering unlimited 1% cash back on all purchases and 5% cash back when booking hotels and rental cars through Capital One Travel. This card also has no annual fees, making it a cost-effective choice.

To maximize your rewards, consider the World of Hyatt Business Credit Card, which earns nine points per dollar spent at Hyatt hotels, with four bonus points per dollar at Hyatt hotels and five base points per dollar from Hyatt as a World of Hyatt member. You can also choose two categories to earn two bonus points per dollar spent.

Here are some key features of popular travel rewards credit cards for businesses:

If you're a fan of the World of Hyatt loyalty program, you'll want to consider their business credit card. With the World of Hyatt Business Credit Card, you can earn a generous 60,000 Bonus Points + 1 Free Night after qualifying purchases.

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The card offers accelerated earning in your top three spend categories each quarter, earning 2 Bonus Points total per $1 spent. This can be a game-changer for small business owners who have a lot of expenses in specific areas.

The card's annual fee is $199, and it comes with a variable APR ranging from 29.99% to 28.49% depending on your creditworthiness.

The Southwest Rapid Rewards Performance Business Credit Card is a great option for frequent Southwest travelers. You can earn 80,000 points after spending $5,000 on purchases in the first 3 months from account opening.

One of the card's standout features is its earning structure: you'll earn 4X points on Southwest purchases and 2X points on purchases for your business in select categories.

If you're a business owner who frequently travels on Southwest, this card's rewards structure is a major perk. You'll also get 9,000 anniversary bonus points each year.