Business Credit Cards That Don't Report to Credit Bureaus for Business Use

If you're a business owner looking to separate your personal and business finances, you may be interested in business credit cards that don't report to credit bureaus.

Some business credit cards, like the Capital One Spark Classic for Business, don't report to credit bureaus, which can be a benefit for business owners with poor personal credit. This card offers unlimited cash back and no foreign transaction fees.

Business credit cards that don't report to credit bureaus can also be a good option for new businesses or those with limited credit history. The Wells Fargo Business Secured Credit Card, for example, doesn't report to credit bureaus and requires a security deposit.

If you're considering a business credit card that doesn't report to personal credit, you're likely looking for a card that offers flexibility and control over your business finances.

Some business credit cards, like the Ramp Card, offer no annual fee, which can be a significant cost savings for your business. Others, like the Coast Fuel Card, have a unique fee structure, charging only $4 per active card, per month.

You can expect to earn rewards on your business expenses, such as 1.5% cash back on the Ramp Card or 2% cash back on the Signify Business Cash Card by Wells Fargo. Some cards, like the U.S. Bank Business Triple Cash Rewards World Elite Mastercard, offer a welcome offer of $750 cash bonus.

Here's a brief summary of the cards mentioned:

Business credit cards operate similarly to personal credit cards but are designed specifically for business expenses. They offer separate billing cycles and don't report to the business owner's personal credit.

The billing cycle typically lasts a month, allowing businesses to make purchases and pay off the balance within that timeframe. This can help businesses manage their expenses and stay on top of their finances.

Business credit cards have a credit limit, which is the maximum amount that can be charged on the card. This limit is based on the business's creditworthiness and financial history.

Most business credit cards offer higher credit limits than personal credit cards, giving businesses more flexibility to make purchases and cover expenses. This can be especially helpful for businesses with fluctuating expenses or irregular income.

Interest rates on business credit cards vary depending on the issuer and the card's terms. It's essential for businesses to understand the interest they'll incur if they carry a balance on the card.

Businesses can take advantage of various perks and rewards tailored to their needs, such as cashback rewards, travel benefits, and discounts on business services.

As you start exploring the world of business credit cards, you'll want to know what to expect. Here's an overview of what you need to know:

You'll find a range of business credit cards that don't report to personal credit, catering to businesses with different needs and credit requirements. The Ramp Card is a great option for large businesses, offering up to 1.5% cash back with no annual fee and no personal credit check.

Some business credit cards are designed for specific expenses, like gas or software. The Coast Fuel Card is a good choice for businesses with fleets, offering up to 10 cents per gallon cash back and 1% cash back on other purchases.

If you're looking for a card with no annual fee, consider the U.S. Bank Business Triple Cash Rewards World Elite Mastercard, which offers up to 5% cash back and a $750 cash bonus.

For businesses that need interest-free financing, the U.S. Bank Business Platinum Card is a good option, offering 18 billing cycles with no interest.

Other cards, like the Signify Business Cash Card by Wells Fargo, offer premium fixed-rate cash back with no annual fee. The CitiBusiness / AAdvantage Platinum Select Mastercard is a good choice for frequent travelers, offering up to 2x miles per dollar and a 75,000 American Airlines AAdvantage bonus miles welcome offer.

Some cards, like the Bank of America Business Advantage Customized Cash Rewards Mastercard, allow you to earn premium rewards on your chosen expense category, with up to 3% cash back and a $300 statement credit welcome offer.

Here's a quick summary of the business credit cards mentioned:

Credit reporting is a crucial aspect to consider when choosing a business credit card. Most banks don't advertise their credit reporting policies as a feature of their business credit cards, so it's essential to know what to look out for.

Some business credit cards don't report to personal credit bureaus, which is a significant advantage for business owners who want to keep their business and personal finances separate. For example, American Express business cards don't normally report to the consumer credit bureaus, but they may report your account information to TransUnion, Experian, and Equifax if your account reaches delinquent status.

If you have a Capital One Spark Cash Plus for Business card, you won't have to worry about it reporting to your personal credit report, as long as your account is in good standing. However, existing Spark Cash cardholders won't get this benefit, even if they open a new Spark Cash card.

Business credit cards that don't report to personal credit bureaus are becoming more popular, and it's great to see banks like Capital One moving in this direction. For instance, they're now in line with most other issuers, only Discover being left reporting business cards to personal credit profiles.

To give you a better idea of the business credit cards that don't report to personal credit, here's a list of some of the top options:

Keep in mind that this list is not exhaustive, and it's essential to research each card's specific credit reporting policy before applying.

When choosing the right business credit card, it's essential to consider your main criteria. The card should NOT report to your personal credit.

Having at least 1.5% cash back is a must, especially if you prefer the same cash back percentage for everything. Tiered versions can be beneficial for the right person, but it ultimately depends on your spending habits.

No annual fee is ideal, but it's not always possible. However, some cards do offer a good initial reward for signing up, which can be a great incentive.

The interest rate is also a factor, but it's not a huge concern if you don't plan on carrying a balance for a significant period of time.