The 8 Finest No Annual Payment Enterprise Credit score Playing cards of January 2023

Insider’s consultants select the perfect services to assist make sensible choices together with your cash (here’s how). In some instances, we obtain a fee from our partners, nevertheless, our opinions are our personal. Phrases apply to presents listed on this web page.

You needn’t fear about paying a excessive annual payment to open a small enterprise bank card that is worthwhile. There’s a wide array of no-annual-fee enterprise playing cards to select from, from choices that earn money again to versatile rewards factors, and a few even provide substantial advantages and an introductory 0% APR that may enable you lower your expenses.

It is true that bank cards which cost annual charges often have advantages a degree above these presents by no annual payment playing cards. However the under small enterprise bank cards are the perfect of the perfect for those who’re not keen to pony up simply but. 

Examine the perfect no-annual-fee enterprise bank cards

We’re targeted right here on the rewards and perks that include every card. These playing cards will not be price it for those who’re paying curiosity or late charges. When utilizing a bank card, it is necessary to pay your stability in full every month, make funds on time, and solely spend what you possibly can afford to pay.

The perfect no-annual-fee enterprise bank card critiques

Why the Amex Blue Enterprise Plus card is price it: The Blue Enterprise® Plus Credit score Card from American Specific at the moment presents a stable welcome bonus provide and earns useful Amex Membership Rewards points, which you’ll be able to redeem for flights, inns, and extra by means of the Amex journey portal or switch to airline and lodge companions.

Welcome bonus provide: Earn 15,000 Membership Rewards® factors after you spend $3,000 in eligible purchases on the cardboard inside your first 3 months of card membership. 

The Blue Enterprise® Plus Credit score Card from American Specific permits you to earn 2 factors per greenback on the primary $50,000 you spend every calendar 12 months (1 level per greenback after). The cardboard additionally comes with a 0% intro APR on purchases for the primary 12 months from account opening (then a 17.49% – 25.49% Variable APR). 

You may sometimes get probably the most worth whenever you switch factors to Amex transfer partners (like Delta SkyMiles, Air Canada Aeroplan, British Airways Executive Club, Marriot Bonvoy, and Hilton Honors). You too can redeem factors by means of American Express Travel to guide airfare, inns, and rental automobiles. Different redemption choices embody reward playing cards, assertion credit, merchandise, and meals supply.  

You may obtain further card advantages equivalent to buy safety, prolonged guarantee, automotive rental loss and injury insurance coverage, dispute decision, expanded shopping for energy, entry to the World Help Hotline, and Amex Offers**. 

Assessment: Amex Blue Business Plus card review

Why the Amex Blue Enterprise Money card is price it: The American Specific Blue Enterprise Money Card earns cardholders easy cash-back on all eligible purchases. Plus, you possibly can earn a stable welcome bonus provide and benefit from an excellent introductory 0% APR. 

When you’re trying to redeem your rewards as assertion credit to decrease your month-to-month bills, you must positively contemplate the American Specific Blue Enterprise Money Card. If not, there are many different no-annual-fee playing cards on the market which have extra versatile redemption choices. 

Welcome bonus provide: Earn $250 assertion credit score after you spend $3,000 in purchases in your card in your first 3 months 

The American Specific Blue Enterprise Money Card earns 2% money again on all eligible purchases as much as $50,000 per 12 months, then 1% money again (money again is obtained within the type of Reward {Dollars}). What makes the American Specific Blue Enterprise Money Card distinctive is that it routinely redeems money again as assertion credit. Assertion credit ought to seem in your subsequent billing cycle and decrease the general price of your invoice, so long as you pay your month-to-month minimal fee. 

The cardboard presents a 0% intro APR on purchases for 12 months from account opening (then a 17.49% – 25.49% Variable APR). You may additionally obtain different advantages equivalent to automotive rental loss and injury insurance coverage, entry to the World Help Hotline, prolonged guarantee, buy safety, and Amex Gives**.

Assessment: Amex Blue Business Cash review

Why the Chase Ink Enterprise Limitless is price it: The Ink Enterprise Limitless® Credit score Card earns money again (within the type of factors) on all purchases with no cap, comes with a formidable elevated welcome bonus offer, and has versatile redemption choices. You may additionally obtain free worker playing cards, in addition to journey and buy safety advantages.

Nonetheless, the Ink Enterprise Limitless® Credit score Card is not the one card on the market providing these perks. The Ink Enterprise Money® bank card presents the identical advantages with the potential to earn extra rewards, however solely in sure classes.

Welcome bonus provide: Earn $900 bonus money again after you spend $6,000 on purchases within the first three months from account opening.

The Ink Enterprise Limitless® Credit score Card earns a simple 1.5% money again (1.5 Chase Final Rewards® factors per greenback) on all purchases, with no cap. It has one of the beneficiant welcome bonus presents of any no-annual-fee card, and you will obtain a 0% intro APR on purchases for the primary 12 months (then a 16.99% – 22.99% Variable APR).

You may redeem Chase Ultimate Rewards points for money, reward playing cards, assertion credit, or journey booked by means of Chase. Plus, when you have different annual-fee Chase cards (just like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Ink Business Preferred® Credit Card), you possibly can mix your factors in a kind of accounts and unlock extra redemption choices, together with transferring factors to Chase’s airline and hotel partners.

The cardboard comes with stable advantages like automotive rental insurance coverage, journey and emergency help providers, roadside dispatch, purchase protection, and an prolonged guarantee. 

Assessment: Chase Ink Business Unlimited card review

Why the Chase Ink Enterprise Money card is price it: The Ink Enterprise Money® bank card is a superb possibility for companies trying to maximize their spending at workplace provide shops, web, cable, eating places, and extra. It has an amazing welcome bonus provide and an honest intro APR deal. The Ink Enterprise Money® bank card additionally has versatile redemption choices and journey and buy advantages.

In case your highest bills aren’t at workplace provide shops — or on any of the opposite choose spending classes — then you definitely’re higher off with a unique no-annual-fee enterprise card. Additionally, in case your yearly enterprise bills simply exceed a $25,000 cap on choose spending classes, then you must positively contemplate a card with a better restrict (or no restrict). 

Welcome bonus provide: Earn $900 bonus money again after you spend $6,000 on purchases within the first three months from account opening.

Though the Ink Enterprise Money® bank card is marketed as a cash-back card, it is really a factors card — Chase Final Rewards factors are price 1 cent every in direction of money again, journey (booked by means of Chase), or reward playing cards. 

Cardholders earn:

• 5% money again (5 factors per greenback spent) on the primary $25,000 (then 1x) in mixed purchases at workplace provide shops and on web cable, and telephone providers annually
• 2% money again (2 factors per greenback spent) on the primary $25,000 (then 1x) in mixed purchases at fuel stations and eating places annually
• 1% limitless money again (1 level per greenback spent) on all different purchases

As with the Ink Enterprise Limitless® Credit score Card, you possibly can mix your factors with different annual-fee Chase playing cards to extend your reward worth, or redeem for money, assertion credit, reward playing cards, or journey booked by means of Chase.

The Ink Enterprise Money® bank card comes with a 0% intro APR on purchases for the primary 12 months (then a 16.99% – 22.99% Variable APR). That is nice if it’s essential to repay bigger bills over time with out incurring curiosity. You may additionally obtain fraud safety, automotive rental insurance coverage, prolonged guarantee, and journey and emergency help providers.

Assessment: Ink Business Cash card review

Why the Triple Money Rewards Mastercard is price it: The U.S. Financial institution Enterprise Triple Money Rewards Card is right for those who’re in search of a card with a beneficiant bonus and intro APR. Plus, it earns first rate rewards with no cap, and you will obtain annual software program credit score. 

Sadly, you will not earn the welcome bonus except you have met the excessive spending requirement. Due to this fact, it will not be attainable for some companies, particularly smaller companies or of us with facet gigs.

Welcome bonus provide: Earn $500 money again after spending $4,500 on purchases on the account holder’s card within the first 150 days of opening your account. 

Cardholders earn:

• 5% money again on pay as you go inns and automotive leases booked by means of the Rewards Middle
• 3% money again at fuel stations and EV charging stations, workplace provide shops, mobile phone service suppliers, and eating places 
• 1% money again on all different eligible purchases

You may redeem rewards as assertion credit, Actual-Time Rewards (to cowl eligible purchases as you spend), or a direct deposit (a minimal of $25 to redeem). Plus, the U.S. Financial institution Enterprise Triple Money Rewards Card will get you $100 software program credit score yearly in direction of subscriptions like FreshBooks or Quickbooks. 

The cardboard has a 0% intro APR on purchases and stability transfers for 15 billing cycles (then a 18.24% – 27.24% Variable APR), which is nice for people paying off debt or desirous to repay giant purchases over time.

The U.S. Financial institution Enterprise Triple Money Rewards Card offers cardholders with World Elite Mastercard advantages, in addition to entry to the Rewards Middle Earn Mall. 

Assessment: US Bank Triple Cash Rewards card review

US Financial institution Enterprise Platinum Card

Why the Enterprise Platinum Card is price it: The U.S. Financial institution Enterprise Platinum Card does not earn rewards or include a welcome bonus provide. Nevertheless it does have an extra-long 0% intro APR, which is particularly interesting to companies trying to keep away from incurring excessive curiosity on their debt — or these needing to repay giant purchases over a number of billing cycles.

Except you want a considerably lengthy intro APR, there are many higher playing cards available on the market additionally with 0% APR offers (not practically as lengthy) that additionally earn rewards and welcome bonus presents for no annual payment. 

Welcome bonus provide: N/A

The U.S. Financial institution Enterprise Platinum Card has a 0% Intro APR on purchases and stability transfers for the primary 18 billing cycles (then a 16.24% – 25.24% (Variable) APR). 

Cardholders additionally get $0 fraud legal responsibility, 24/7 fraud monitoring, the US Financial institution ExtendPay plan, and administration over worker bank cards. 

Why the Enterprise Benefit Custom-made Money Reward card is price it: The Enterprise Benefit Custom-made Money Rewards Credit score Card earns 3% money again in a class of your selecting (from six predetermined classes) and comes with a stable welcome bonus provide and intro APR.

This can be a nice card for companies in search of customizable money rewards. However for those who’re not involved in selecting your individual rewards classes, you must contemplate a unique no-annual-fee enterprise card. 

Welcome bonus provide: Earn a $300 assertion credit score after making $3,000 in purchases within the first 90 days of your account opening. 

The Enterprise Benefit Custom-made Money Rewards Credit score Card is exclusive because it permits cardholders to decide on which spending class they’d wish to earn 3% money again in (fuel stations, workplace provide shops, journey, TV/telecom and wi-fi, pc providers, or enterprise consulting providers). It additionally earns you 2% money again on eating. However needless to say 3% and a couple of% earnings are capped at a mixed $50,000 per 12 months (then 1% money again).

You may get a 0% intro APR on purchases for the primary 9 billing cycles (then a 14.49% – 24.49% Variable APR). 

You may redeem rewards as assertion credit, a direct deposit, or credit score to a qualifying Merrill (Financial institution of America’s wealth administration division) account. Bank of America Preferred Rewards clients may also earn as much as 75% extra rewards (quantities rely on deposit/funding with Financial institution of America or Merill). 

The cardboard presents further advantages like money circulation administration instruments, journey accident insurance coverage, and automotive rental insurance coverage. It does cost a international transaction payment, so it isn’t preferrred for touring. 

Why the Enterprise Benefit Journey Rewards World Mastercard is price it: The Financial institution of America® Enterprise Benefit Journey Rewards World Mastercard® Credit score Card
earns easy flat-rate rewards on all purchases, plus bonus rewards on journey booked by means of the Financial institution of America Journey Middle. You may additionally get an enormous welcome bonus and an honest 0% intro APR deal.

Financial institution of America Most popular Rewards members will earn probably the most rewards (as much as 75% extra on purchases), so for those who’re not a member you will miss out on the best rewards alternative.

Welcome bonus provide: Earn 30,000 bonus factors after you spend $3,000 in purchases within the first 90 days of your account opening.

The Financial institution of America® Enterprise Benefit Journey Rewards World Mastercard® Credit score Card earns limitless 3 factors per greenback spent on eligible journey bookings (automotive, lodge, and airways) by means of the Journey Middle website. You may additionally earn easy 1.5 factors per greenback spent on all purchases.

The cardboard has a 0% intro APR on purchases for the primary 9 months from account opening (then a 14.49% – 24.49% variable APR). The deal solely applies to purchases, so it will not assist of us attempting to pay down bank card debt. 

You may redeem rewards earned with the Financial institution of America® Enterprise Benefit Journey Rewards World Mastercard® Credit score Card as an announcement credit score in direction of journey or dining-related purchases, journey on the Financial institution of America Journey Middle, money again, or reward playing cards.

The cardboard does not cost a international transaction payment, which suggests it is a good possibility for worldwide journey. Different advantages embody money circulation administration instruments and journey and emergency providers.

Assessment: Business Advantage Travel Rewards World Mastercard review

Capital One Spark Basic for Enterprise

Why the Spark Basic for Enterprise is price it: The Capital One®️ Spark®️ Basic for Enterprise is important as a result of these with truthful credit score scores can get it, and it earns 1% flat-rate money again on all purchases, with no cap.

Nonetheless, there isn’t any welcome bonus provide or intro APR deal and it solely features a few further perks. However when you have restricted credit score historical past and want a starter card to assist develop your enterprise, the Capital One®️ Spark®️ Basic for Enterprise is defiantly price contemplating. 

Welcome bonus provide: N/A

The Capital One®️ Spark®️ Basic for Enterprise earns limitless 5% money again on inns and rental automobiles booked by means of Capital One Journey, in addition to 1% money again on all purchases.

Though another enterprise playing cards have greater rewards charges, higher advantages, and embody a welcome bonus (all issues that the Capital One®️ Spark®️ Basic for Enterprise does not have), what makes this card particular is that people with truthful credit score are eligible. Most small-business bank cards require you to have a minimum of good credit score, so for those who’re somebody with restricted credit score, this card could possibly be an amazing start line.

You may redeem your rewards as an announcement credit score or verify, as credit in direction of earlier purchases, or reward playing cards. You too can arrange automated redemption preferences by means of your Capital One account.

The common APR is a 26.99%. The Capital One®️ Spark®️ Basic for Enterprise additionally has advantages like no foreign transaction fees, prolonged guarantee, and roadside help.

No-annual-fee enterprise playing cards regularly requested questions (FAQ)