Best Business Credit Cards of July 2022

The Blue Business® Plus Credit Card from American Express (Terms apply. See rates and fees.) is somewhat unique because you can earn Membership Rewards points without paying an annual fee. The card also has an introductory APR offer, which can help a new business acquire inventory or pay upfront expenses but gain some additional time to pay in full without accruing interest.

Rewards: Earn 2 Membership Rewards points per dollar on everyday business purchases such as office supplies or client dinners up to the first $50,000 in purchases per year, then 1 point per dollar on all other purchases.

Welcome Offer: Earn 15,000 Membership Rewards® points after spending $3,000 in eligible purchases on the card within the first 3 months of card membership.

Annual Fee: No annual fee

Other Benefits and Drawbacks: This card offers a 0% intro APR on purchases for 12 months from the date of account opening, then a variable rate of 14.74% - 22.74%. Balance transfers must be completed within 60 days of account opening and a fee of $5 or 3%, whichever is greater applies. This can be enticing if you want to save money on interest with a lower APR, but carrying a balance isn’t going to be a good idea in the long run when the introductory period is over.

We do like the fact you can earn extra Membership Rewards® points per dollar on everyday business purchases such as office supplies or client dinners. If you want a similar card but prefer cash back to points, consider the American Express Blue Business Cash™ Card. However, if your business regularly spends more than $50,000 per year, a card without a cap may be a better choice.

The Chase Ink Business Unlimited® Credit Card is marketed as a cash-back card, and offers a relatively high rate of cash back. When paired with a premium Chase Ultimate Rewards card, rewards are treated as transferable Ultimate Rewards® points which makes this card even more valuable. The Unlimited tops the Ink Preferred if you want a straightforward earnings rate rather than bonus categories as long as you pair it with a card that has transferrable rewards.

Rewards: Earn 1.5% cash back rewards on every business purchase.

Welcome Offer: Earn $750 bonus cash back after spending $7,500 on purchases in the first 3 months from account opening.

Annual Fee: $0

Other Benefits and Drawbacks: The “set it and forget it” rewards from the Chase Ink Unlimited couldn’t be easier to earn, making this a solid choice if you only want one business card. That said, to unlock the full potential of this card, you’ll need to pair it with another Ultimate Rewards-earning card like the Ink Business Preferred® Credit Card, Chase Sapphire Preferred® Card or Chase Sapphire Reserve®.

If you’re after the highest rate of cash back alone, it’s possible that another card would provide more value.

The American Express® Business Gold Card (Terms apply. See rates and fees.) is a solid option for business owners who want to maximize their earnings but don’t want to put a lot of thought into how to do so. American Express automatically rewards you each billing cycle at a generous rate on the two categories you spend on from a selected list. Many cards offer quarterly or rotating bonus categories, but the American Express Business Gold Card does the work for you.

Rewards: Earn 4 Membership Rewards® points per dollar on the 2 select categories where a business spends the most each month. 1 point per dollar is earned for other purchases. The 4 point per dollar earning rate applies to the first $150,000 in combined purchases from the 2 eligible categories each calendar year.

Welcome Offer: Earn 70,000 Membership Rewards® points after spending $10,000 on eligible purchases within the first 3 months of opening an account.

Annual Fee: $295

Other Benefits and Drawbacks: A notable travel perk the Amex Business Gold has is a rebate of 25% of the points you use when you book eligible flights with American Express Travel back, up to a maximum of 250,000 points back per calendar year. American Express also grants users travel and transportation protections, such as baggage insurance*, emergency assistance* and no foreign transaction fees.

Additionally, American Express has one of the most robust benefits programs out there with protections including purchase protection* and extended warranty coverage*. Cardholders have the ability to pay balances over time with interest, and there are no pre-set spending limits on the Business Gold card.

The World of Hyatt Business Credit Card earns top marks on our business hotel card rankings due to its combination of valuable perks and attractive earnings rates. This card makes it easy to earn rewards faster on paid Hyatt stays and on everything else you buy.

Rewards: Earn 4 points per dollar at Hyatt hotels, 2 points per dollar spent in a cardholder's top three spend categories each quarter through 12/31/22, then the top two categories each quarter, 2 points per dollar spent on fitness club and gym memberships and 1 point per dollar spent on all other purchases

Welcome Offer: Earn 60,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening

Annual Fee: $199

Other Benefits and Drawbacks: The World of Hyatt Business Credit Card makes it easy to earn rewards that can be used for hotel stays in this program. The card offers a $100 rebate (redeemable as $50, twice a year) on Hyatt purchases and an incentive for spending $50,000 annually on the card: 10% of redeemed points back for the remainder of the year on up to 200,000 points redeemed.

The downside of Hyatt is its lack of reach into many smaller markets and large sections of the globe. There are many places where a Hyatt portfolio hotel is nowhere to be found.

The United Club℠ Business card* is a brother to the personal United Club Infinite Card, with a slightly different earning structure. The lounge access plus other United perks easily outweigh the annual fee if you normally pay for a United Club membership anyway. If your business is not near a United hub, this card may not be for you.

Rewards: Earn 2 miles per $1 spent on purchases from United, including tickets, Economy Plus®, inflight food, beverages and Wi-Fi, and other United charges; Earn 2 miles per $1 spent on Inside Access from Chase purchases; Earn 1.5 miles per $1 spent on all other purchases.

Welcome Offer: Earn 75,000 bonus miles after spending $5,000 on purchases in the first 3 months of account is open.

Annual Fee: $450

Other Benefits and Drawbacks: The United Club℠ Business card* has pumped-up benefits, but charges a steep annual fee. Besides United Club membership, the Business Club card offers Premier Access at the airport, space-available upgrades on award tickets, your free first and second checked bags, 25% off in-flight purchases when you pay with your card and Avis President’s Club.

This card also comes with a suite of travel and purchase protections including trip cancellation and interruption insurance, trip delay coverage, lost and damaged baggage insurance, delayed baggage coverage, rental car insurance coverage, purchase protection, return protection and extended warranty.

Those who routinely make purchases of $5,000 or more may find the rewards potential on the Chase Ink Business Premier* hard to beat. You’ll also earn big rewards for travel booked through the Chase Ultimate Rewards travel center.

Rewards: Earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 2.5% cash back on every purchase of $5,000 or more, and 2% cash back on every other purchase

Welcome Offer: Earn $1,000 cash back after spending $10,000 on purchases in the first 3 months from account opening

Annual Fee: $195

Other Benefits and Drawbacks: The card offers bountiful flat-rate rewards, especially for big spenders. But those who want to maximize their redemption values by combining the earnings on this card with another premium Chase Ultimate Rewards card are out of luck. You cannot transfer rewards from this card to another.

One of the rare business cards that doesn’t require a personal guarantee, the Brex 30 Card is an option if you have significant assets. You’ll need to meet their size and revenue criteria in order to be eligible.

Rewards: Earn 8 points per dollar on rideshare, 5 points per dollar on travel booked through Brex Travel, 4 points per dollar on restaurants, 3 points per dollar on recurring software and 1 point per dollar on everything else.

Welcome Offer: Earn 30,000 points after spending $3,500, or 50,000 points after spending $9,000 within 30 days.

Annual Fee: $0

Other Benefits and Drawbacks: The Brex 30 Card does not require a personal guarantee, security deposit or credit check to apply if you have significant enough assets. Just remember that it’s a charge card rather than a credit card, meaning that the balance is due in full and on time each billing cycle.

The Ink Business Preferred® Credit Card offers the ability to earn valuable Chase Ultimate Rewards points at compelling rates and an impressive bonus offer, making it a top pick for business travel. Ultimate Rewards are valuable because they are so flexible. You can redeem directly for travel at 1.25 cents per point through Chase or transfer to over a dozen loyalty programs including United, Southwest and Hyatt.

Rewards: Earn 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year and 1 point per dollar on all other purchases.

Welcome Offer: Earn 100,000 points after you spend $15,000 on purchases in the first 3 months from account opening.

Annual Fee: $95

Other Benefits and Drawbacks: The “select business categories” include shipping, internet, cable and phone, social media and search engine advertising and travel. If your business does a lot of online advertising, this card will rake in the rewards.

Ultimate Rewards from the Chase Ink Preferred can be combined with personal Ultimate Rewards points to help grow balances quickly.

This card also offers cell phone insurance limited to three claims of up to $600 each per year, subject to a $25 deductible. This card also offers trip cancellation and interruption insurance, primary auto rental insurance when you rent for business purposes (secondary if you’re renting for personal reasons), purchase protection and extended warranty coverage.

The Wells Fargo Business Elite Signature Card* was created with big spenders in mind and can provide up to 200 employee cards with each account. Best of all, the 8.74% variable APR on purchases is worthy of a second look if you need to carry a balance past an introductory period.

Rewards: 1.5% cash back per dollar spent or earn 1 point per dollar spent and receive 5,000 bonus points when the company spend is $10,000 or more in any monthly billing period

Welcome Offer: $1,000 one-time cash back bonus or 100,000 bonus points after spending $15,000 in the first three months of account open date

Annual Fee: $125 annual fee (waived first year)

Other Benefits and Drawbacks: The Wells Fargo Business Elite Signature Card* charges an annual fee of $125 annual fee (waived first year) but the rewards and interest rate savings a cardholder can gain might be well worth it. An annual $100 credit toward travel incidentals nearly covers the cost of membership fees alone.

There’s one major catch to the card: it’s intended for businesses with annual sales of $1 million or more so it won’t be a good fit for some companies.

If you want a no-annual-fee card that allows you to earn valuable rewards, Ink Business Cash® Credit Card is a good option. This card is marketed as a cash-back card, but can be paired with a premium Chase Ultimate Rewards-earning card to unlock more value The card also offers protections that you don’t often see on a no-annual-fee card including primary car rental insurance for your business and purchase protection.

Rewards: 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 and 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 purchases.

Welcome Offer: Earn $750 bonus cash back after spending $7,500 on purchases in the first 3 months from account opening.

Annual Fee: $0

Other Benefits and Drawbacks: The higher rewards rates have an annual limit which may not be ideal for some businesses. While the card is marketed as a cash-back card, it actually earns Ultimate Rewards. Ultimate Rewards can’t be combined with the personal cards Chase Sapphire Preferred® Card or Chase Sapphire Reserve® points in order to utilize airline partner transfers where they can be worth more than one cent each.

If you’re just looking for one card, the Ink Business Cash Card could still be a good option if you regularly spend in the bonus categories but don’t think you’ll exceed the annual cap. If that doesn’t sound like you, look to another option.

The Amazon Business Prime American Express Card* offers the unusual ability to either earn increased rewards or enjoy an extended repayment period of up to 90 days on select Amazon purchases up to $120,000 per year. You can change your preference as often as you wish in order to maximize your rewards and/or interest savings.

Rewards: Earn 5% back in rewards or 90 Days Terms on eligible U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with an eligible Prime membership. The 5% reward rate applies to the first $120,000 in purchases each calendar year. Earn 2% at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers and 1% on other purchases.

Welcome Offer: Earn Amazon.com gift card upon approval for the Amazon Business Prime American Express Card .

Annual Fee: $0

Other Benefits and Drawbacks: An Amazon Business Prime membership is needed to apply for this card. Prices for a Business Prime membership start at $69 a year for one user up to $10,099 a year for an enterprise membership. Be sure to do the math to make sure the Prime membership works for you.

The American Express Blue Business Cash™ Card (Terms apply, see rates and fees) is a set-and-forget business credit card that lets you earn rewards without an annual fee. Consider this card if you want to earn without worrying about categories and you typically spend $50,000 or less a year.

Rewards: Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.

Welcome Offer: Earn a $250 statement credit after making $3,000 in purchases within the first 3 months of account opening.

Annual Fee: No annual fee

Other Benefits and Drawbacks: A business that routinely spends more than $50,000 in a year would fare better with a card that doesn’t cap earnings rates. If you want a similar card but with more flexible rewards than cash, consider the The Blue Business® Plus Credit Card from American Express which is this card’s Membership Rewards-earning sibling.

The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® is one of few business cards offering a balance transfer promotional rate. Making the card even more appealing are cash-back rewards and welcome offer opportunities.

Rewards: Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible net purchases.

Welcome Offer: Earn $500 in cash back after spending $4,500 in the first 150 days of opening an account.

Annual Fee: $0

Other Benefits and Drawbacks: The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® offers a 0% introductory APR on purchase and balance transfers for 15 billing cycles, followed by a regular variable APR of 15.49% - 24.49%. There's a balance transfer of either 3% of the amount of each transfer or $5 minimum, whichever is greater, adding to more possible savings. With free employee cards and an annual software credit, this card could be worth holding onto even after the APR period expires.

If your business expenses vary from month to month, look to a card like the U.S. Bank Business Leverage® Visa Signature® Card, which offers elevated rewards in your top two spending categories, from a whopping 48 choices, meaning many types of expenses will qualify. With no effort on your part, you’ll earn more on what you spend each month.

Rewards: Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 2% back in the top two categories of each month and 1% back per dollar on all other eligible purchases.

Welcome Offer: Earn $750 in rewards after spending $7,500 in eligible purchases within the first 120 days of opening your account.

Annual Fee: $0 introductory annual fee for the first 12 months, after that $95 per year

Other Benefits and Drawbacks: There’s no need to opt-in to bonus categories or track where you’re spending the most since the card will automatically adjust to how you spend. If your business uses U.S. Bank to process credit card payments from your customers you can earn additional points from those transactions. However, if you consistently spend a lot in more than just two categories, you’ll likely fare better with a flat-rate rewards card.

We aren’t highlighting the bank in many of our reviews, but the Bank of America’s Preferred Rewards program gives the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card a leg up if you live in their ecosystem. With no annual fee and elevated earnings in your choice out of six categories, the card earns elevated cash back for up to $50,000 in combined eligible category spending per year.

Rewards: Earn 3% cash back in the category of your choice, 2% cash back on dining purchases and unlimited 1% cash back on all other purchases. You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year and 1% thereafter.

Welcome Offer: Earn a $300 statement credit online bonus after making at least $3,000 in net purchases within 90 days of account opening.

Annual Fee: $0

Other Benefits and Drawbacks: The card offers solid earnings for most business owners, but becomes best-in-class for those who qualify for the top tier of the Preferred Rewards program.  Depending on the total amount a Preferred Rewards Member has in their qualifying accounts, they can earn 25% to 75% more rewards for each dollar they spend on their Bank of America rewards cards.

The United℠ Business Card has benefits when flying United that outweigh its annual fee and some significant additional perks including a $100 flight credit with qualifying purchases.

Rewards: Earn 2 miles per dollar on United purchases, on dining (including eligible delivery services), at gas stations, office supply stores, and on local transit and commuting and 1 mile per dollar on all other purchases.

Welcome Offer: Earn 75,000 bonus miles after spending $5,000 on purchases in the first 3 months of account opening.

Annual Fee: $0 introductory annual fee for the first year, then $99

Other Benefits and Drawbacks: The United℠ Business Card offers two, one-time United Club passes, one free checked bag for the cardholder and a companion on the same reservation when you use your card to purchase your ticket and a 25% rebate on in-flight purchases. The Business Card goes a step further by offering a $100 travel credit after seven United purchases of $100 or more are made on the card each anniversary year.

The Wyndham Rewards® Earner℠ Business Card* has unmatched earnings in categories that cater to those who live in their cars. With an industry-leading bonus on gas station purchases and healthy earnings on Wyndham hotel stays, the card is a no-brainer if you are comfortable in the budget hotels that make up the vast majority of Wyndham’s portfolio and spend a lot of time on the road.

Rewards: Earn 8 points per $1 spent on Hotels By Wyndham and gas purchases, 5 points per $1 spent on marketing, advertising and utilities and 1 point per $1 spent on all other purchases.

Welcome Offer: Earn up to 75,000 bonus points, enough for up to 10 free nights at participating properties. Earn 65,000 bonus points after spending $1,000 in the first 90 days, and earn 10,000 bonus points after a purchase is made on an employee card.

Annual Fee: $95

Other Benefits and Drawbacks: With 15,000 anniversary points and a 10% discount on go free rewards at Wyndham hotels, you’ll have access to free nights faster than you can say “Super-8.” Since basic hotels start at 7,500 points per night, it takes less than $1,000 in spending on gas or at Wyndham hotels to earn a free night. That’s an unheard-of rate, as long as you’re not looking for luxury. But if self-parking is your idea of roughing it, the Wyndham card might not be for you.

Wherever you go, you’ll likely find a Hilton portfolio hotel there. The Hilton Honors American Express Business Card (Terms apply. See rates and fees.) is worth exploring for its complimentary Hilton Gold Status as a cardholder, and you can earn a generous welcome bonus and a high rate of rewards on your eligible spending.

Rewards: Earn 12 Hilton Honors Bonus Points per dollar on eligible purchases at participating hotels and resorts within the Hilton portfolio, 6 points per dollar at U.S. gas stations, on wireless telephone services purchases directly from U.S. service providers, and on U.S. purchases for shipping, U.S. restaurants, on flights booked directly with airlines or with American Express Travel, and on car rentals booked directly from select car rental companies and 3 points per dollar on all other eligible purchases.

Welcome Offer: Earn 130,000 bonus points after spending $3,000 in purchases on the Hilton Honors Business card in the first 3 months of card membership.

Annual Fee: $95

Other Benefits and Drawbacks: This card can be worth it for the welcome bonus alone, but don’t forget that you’ll also get automatic Hilton Gold Status. This elite status can afford you benefits like late checkout, food and beverage credits or complimentary breakfast, room upgrades based on availability and more. Even if you’re just an occasional Hilton guest, this card could make sense.

You’ll also get 10 complimentary visits to Priority Pass lounges per year once enrolled, which is unusual for a mid-range credit card and can be more than enough to get you into airport lounges if you only travel a few times per year. If you travel more than once per month, however, you may want to consider a travel credit card with a Priority Pass Select membership that includes unlimited visits.

If you like to travel in style, the Delta SkyMiles® Reserve Business American Express Card (Terms apply. See rates and fees) might be for you. The card offers both Delta and American Express Centurion club access when flying Delta. It also offers Status Boost®, which allows you to earn 15,000 Medallion Qualifying Miles (MQM) after $30,000 of spending on the card up to four times per year.

Rewards: Earn 3 miles per dollar on eligible purchases made directly with Delta and 1 mile per dollar on all other eligible purchases. After spending $150,000 in a calendar year, earn 1.5 miles per dollar on eligible purchases the rest of the year.

Welcome Offer: Earn 110,000 bonus miles after spending $6,000 in purchases in the first 3 months of card membership. Offer ends 8/3/2022.

Annual Fee: $550

Other Benefits and Drawbacks: The Delta SkyMiles® Reserve Business American Express Card carries a hefty fee and offers coveted Centurion Lounge access. Used strategically, the annual domestic ticket companion certificate, which is also good in domestic first class, could offset a large portion of the annual fee. The ability to earn a Medallion Qualification Dollar Waiver (MQD Waiver) with $25,000 of spending on the card (excluding Diamond status) is also a potentially valuable benefit.