Best Startup Business Credit Cards With No Credit

One of the biggest challenges for new business owners is finding a credit card to use for their business.

Many business owners don’t have a large, established track record before they start their business, making it difficult to get approved for a business credit card.

If you’ve recently started a business and are looking to get your hands on a business credit card, you’re in luck!

This blog post will break down the ins and outs of startup business credit cards with no credit.

Quick Picks

When you start a business, you should skip the personal credit card and get a business card with benefits to help you get your business on the right track.

Here are our top picks for the best business credit cards:

• Chime Credit Builder Visa® Credit Card
• Capital One Spark Classic For Business
• Ink Business Unlimited Credit Card

BONUS! Low-Cost Business Ideas

And just as a bonus, here are my favorite low-cost businesses you can start regardless of your personal credit:

• Blogging
• Proofreading
• Freelance Writing
• Bookkeeping

Startup Business Credit Cards With No Credit

Using a credit card is an important part of running a successful business. A business credit card can help you manage cash flow, take advantage of rewards and discounts, and build strong business relationships with vendors or suppliers.

But if you have a limited or nonexistent business credit history, finding the right business credit card for your needs cannot be easy.

Fortunately, several business credit cards are available for startups with no established credit.

1. Chime Credit Builder Visa Credit Card

The Chime Credit Builder Visa® Credit Card is an excellent option for a business credit card.

It’s made for those with a limited credit history looking to build their credit score without the hassles required by traditional business credit cards. 

There are no minimum deposits, no annual fees, and no credit checks- all while enjoying automated payments that save you from late fees.

The only drawback is that you need to be a Chime banking customer to get it! But their savings account is also worth its weight in goal, so having both could change your life.

And with this business credit card, you’ll be able to build your credit history with your own money as a security deposit- so you can start improving your score right away.

Plus, activities on this business credit card are reported to the three major credit bureaus, making monitoring your progress easier than ever and improving your score bit by bit.

Card Features

• The card is secured and includes lost and stolen card assistance and cardholder inquiry services.
• The Chime Credit Builder Visa Credit Card can be used at many ATMs.
• You must have at least $200 in your Chime Spending Account before applying for the Chime Credit Builder card.
• With Chime Credit Builder, you can have automatic monthly payments from your account.
• Your credit card limit will decrease if you use money from your original deposit to pay your bill.

Pros & Cons

Pros

• No personal credit history check
• No security deposit
• Credit limit is based on the money in a linked Chime account, not your personal credit score
• Can’t overspend on the business card
• Reports to the major credit bureaus to build business credit

Cons

• Only available with a Chime account
• Don’t offer spending rewards or cash back

2. Capital One Spark Classic For Business

The Capital One Spark Classic For Business is the perfect business credit card for small business owners with limited credit history.

The Capital One Spark Classic For Business is a great choice for those who want to earn rewards without worrying about spending limits or category restrictions.

With no annual fee and a low APR, it’s an affordable way to build your credit while earning rewards.

With this card, you’ll earn unlimited 1% cash back on every purchase, no matter where you shop or what you buy.

Plus, you’ll get 5% cash back on hotel and rental car bookings made through Capital One Travel℠.

You’ll also enjoy secondary rental car insurance, roadside assistance, extended warranty protection, travel accident insurance, and more.

Card Features

• Access to helpful tools such as fraud coverage, account alerts, and online banking services.
• Benefit from 24/7 customer service support and the ability to manage your account online or via the Capital One mobile app.
• You can manage your business credit card account online or with the Capital One mobile app.
• If you have employees, you can get a card that gives you cash back on all your purchases. There is no limit to how much cash back you can earn.
• With this business credit card account, your rewards will never expire. You can cash in your rewards at any time.

Pros & Cons

Pros

• Earn unlimited 1% cash back on every purchase, everywhere, with no limits or category restrictions
• No annual fee
• Secondary rental-car insurance and roadside assistance included
• Extended warranty coverage on eligible purchases
• Solid rewards program for those with an average or fair personal credit score

Cons

• High APR if you don’t pay off the whole bill month to month

3. Capital One Spark Miles For Business

Capital One Spark Miles for Business is a great business credit card option for business owners looking to earn rewards and build their business credit history.

With the Capital One Spark Miles for Business Credit Card, you can easily track your spending and build your business credit score over time. 

This will help you qualify for better rates from other lenders in the future and make it easier to apply for other types of financing, such as loans or lines of credit.

With no foreign transaction fees and generous rewards opportunities, this card will surely be a hit with small business owners everywhere!

Card Features

• 25.24% variable APR with your Spark 2X Miles card.
• Get up to $100 credit for Global Entry or TSA Pre✓® application fees.
• Earn unlimited 1.5X miles on every purchase, with no restrictions or blackout dates.
• Earn unlimited 2% cash back on every purchase you make.
• Redeem your miles through Capital One Travel or get reimbursed for travel expenses made with your card within 90 days of purchase.
• Earn an unlimited 2 Capital One Rewards miles per dollar spent on every purchase with the Capital One Spark Miles card.

Pros & Cons

Pros

• $0 annual fee for the first year
• Get 50,000 extra miles if you spend $4,500 on purchases within the first 3 months after you open your account
• You can use your miles on flights, hotels, and vacation packages
• You can also transfer them to any of 15+ different travel partners

Cons

• The annual fee is $95 after the first year
• You can’t earn other rewards like most business credit cards- this business credit card offers a set number of miles for every purchase; it’s mainly travel rewards
• 25.24% variable APR is high for many people
• A very high penalty APR of 33.65% applies to all late payments

4. Ink Business Unlimited Credit Card

The Ink Business Unlimited Credit Card is a perfect choice for small business owners who want one of the business credit cards to earn cash back rewards on their purchases.

The card offers a generous welcome bonus of $900 in cash back after spending $6,000 on purchases within the first three months of opening your account.  

With no annual fee and an unlimited 1.5% cash-back reward on every purchase, it’s easy to see why this card is so popular.

Plus, you can take advantage of a 0% introductory APR for 12 months on balance transfers and purchases.

Card Features

• You’ll benefit from additional perks, such as no foreign transaction fees and employee cards at no additional cost.
• Access to Chase Ultimate Rewards points when you combine your points with other Chase cards.
• Plus, you can take advantage of the Ink Business Cash Credit Card and the Ink Business Unlimited Credit Card, which offer different reward structures but no annual fee.
• The Ink Business Unlimited Credit Card also provides additional benefits such as travel protection, purchase protection, extended warranty protection, and more. 

Pros & Cons

Pros

• No annual fee
• Generous welcome bonus
• Simple rewards structure
• 0% introductory APR

Cons

• No bonus categories- there’s a flat rate of return on all purchases
• Foreign transaction fees do apply if you buy products or parts overseas

5. Ink Business Preferred Credit Card

The Ink Business Preferred Credit Card is one of the best business credit cards for businesses looking to maximize their rewards.

With its generous sign-up bonus and rewards program, it’s easy to see why this card is so popular among small business owners.

With this business card, you can earn 3X points on shipping purchases, advertising purchases made with social media sites and search engines, and more.

It’s a great all-around business credit card that offers valuable rewards and benefits for buying things for your business. It’s perfect for businesses that make large purchases or ship a lot.

If you’re looking for business credit cards that offer excellent rewards and benefits, the Chase Ink Business Preferred Credit Card is worth considering.

Its competitive rewards program and purchase protection features make it an ideal choice for businesses of all sizes with little to no credit history.

Card Features

• You’ll also get an impressive 100k bonus points after you spend $15000 on purchases in the first 3 months from account opening.
• Enjoy quality purchase protection that insures eligible items against damage or theft for up to 120 days from the purchase date.
• Get access to travel benefits with this business card, such as trip cancellation/interruption insurance, auto rental collision damage waiver, and more.

Pros & Cons

Pros

• Earn 3X points on shipping purchases and more
• Enjoy 25% more value when you redeem your points for travel through Chase Ultimate Rewards®
• No foreign transaction fees on international purchases
• Complimentary travel insurance and purchase protection for eligible expenses
• Enjoy a 0% introductory APR on purchases and balance transfers for 12 months

Cons

• Annual fee of $95
• Variable APR of 14.99%-20.99% after the introductory rate
• Late payment penalty fees of up to $39 per violation
• A balance transfer fee of 5% or $5, whichever is greater

6. Brex Corporate Card For Startups

The Brex Corporate Card for Startups offers a range of features that make it ideal for startups and enterprises without involving your personal credit.

The Brex business card is only for businesses, not people, so your personal credit score is not involved.

To get the Brex business credit card, your business needs an Employer Identification Number (EIN), not a Social Security Number (SSN). The business also has to be in the United States.

This card works differently than personal credit cards. 

The business owner can’t keep a balance on the business credit card account from one month to the next. The balance must be paid each day or each month.

Daily repayments may affect your business finances and stop you from spending more money, as your credit limit will be the same as the balance in your Brex Cash account.

The card limits are based on your company’s financial information. You don’t need to put up your personal guarantee as collateral.

If your company goes under, you only lose business assets, not personal ones, which won’t affect your credit score.

Card Features

• Insured up to $250,000 by the FDIC through the Brex Cash program banks.
• QuickBooks, Xero, NetSuite, Concur, Expensify, Gusto, and Rippling integrations help you save time on your business finances.
• You can send wire transfers for free. You can also send as many checks, ACH, and wire transfers as you want without paying fees—even if they’re going to another country.
• With this card, you don’t have to give a personal guarantee. This means you can get a higher credit limit than other cards that use your personal credit.

Pros & Cons

Pros

• No annual fee
• Dynamic credit limits
• Build business credit over time
• No personal guarantee- no personal assets are up for collateral

Cons

• Less generous rewards
• Card must be paid in full month to month

7. Discover it Secured Credit Card

With the Discover it Secured Credit Card, you can build your credit score while buying products and essentials for your business.

You can make a security deposit starting at $200 up to a maximum of your credit limit, which your creditworthiness will determine.

Plus, Discover will automatically match all the cash back you earned at the end of your first year. This is an amazing opportunity to maximize your rewards and build your credit score!

Another great feature of this card is that no personal credit score or personal guarantee is required for approval.

It makes this secured credit card an ideal choice for those who are just starting with their personal credit journey or have had some missteps with business and personal finances or credit cards.

Card Features

• A great feature of the Discover it Secured Credit Card is Freeze It, which allows you to freeze your account with one simple click if your card is ever lost or stolen.
• You can earn two percent cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter.
• You can also earn unlimited 1% cash back on all other purchases.
• It comes with various benefits such as concierge service, TSA Pre-check, auto rental coverage, travel accident insurance, lost luggage reimbursement, and more.

Pros & Cons

Pros

• Online protection liability
• No annual fee
• Free FICO score
• Refundable security deposit

Cons

• 26.74% Standard Variable Purchase APR 
• $41 flat late payment fee

8. American Express Blue Business Cash Card

The American Express Blue Business Cash Card also offers a straightforward rewards system that’s easy to understand and use. 

And with no annual fee, this card is an economical way to get rewarded for your business spending.

With this card, you can earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1%.

Plus, you’ll get a $250 statement credit after you make $3,000 in purchases on your card in the first three months.

You don’t have to worry about complicated points or miles calculations with this business credit card; instead, you can simply enjoy the cash-back rewards from your purchases. 

Card Features

• Employee Cards – You’ll earn rewards on purchases that employees make that are eligible, plus you can track employee spending with alerts and summary reports.
• Connect to QuickBooks – If you use QuickBooks for your business, you can save time by enrolling in the auto-expense categorization feature.
• Online Statements – You can view your purchase history, prepare reports, and budget expenses.
• Account Manager – When you designate an Account Manager, you can allow trusted individuals – like an assistant or business partner – to access and manage your Business Card account.
• Account Alerts – Setting up account alerts can help you remember to pay your bills on time, tell you if something strange is happening with your account, and help you track how much money your employees are spending.

Pros & Cons

Pros

• Receive a $250 statement credit after you make $3,000 in purchases on your card in your first 3 months.
• No annual fee
• 0% interest on purchases for the first 12 months
• Cash back starts at 2% on everything up to $50,000; then you still get 1% cash back after that

Cons

• Late fees up to $39

9. OpenSky Secured Visa Credit Card

The Secured Visa OpenSky Credit Card is one of the best business credit cards for people with bad personal credit who want to build or rebuild their credit.

The OpenSky Credit Card offers many benefits, making it an attractive option for those looking to improve their credit score.

There are no annual fees, foreign transaction fees, or penalty APR associated with this card.

This card doesn’t require a personal credit check or bank account, making it an ideal choice for those with poor credit.

With this Secured Visa, you can get approved regardless of your personal credit score, and you have the opportunity to choose from a broad range of credit limits.

To use this card, you must put down a refundable cash deposit which will be held as collateral in case of default, rather than your personal assets.

Card Features

• Zero Risk to Apply – There’s no risk involved in applying for the OpenSky Credit Card, making it a great option for those just starting with credit.
• Low Annual Fee – The annual fee for the OpenSky Credit Card is low, making it an affordable option for those on a budget.
• High Approval Rate – The OpenSky Credit Card has an 85% average approval rate, which means you have a good chance of getting approved if you meet the requirements.
• Low-Security Deposit – You only need to put down a $200 security deposit when you apply for the OpenSky Credit Card.
• Credit Limit Increases – As you use your card responsibly and make payments on time, your credit limit will increase over time, allowing you to access more funds as needed.

Pros & Cons

Pros

• No personal credit check is required to apply
• High approval odds
• Variety of credit limits
• Refundable cash deposit
• Focuses on helping build your credit

Cons

• $35 annual fee
• No rewards or cash back for purchases

10. First National Bank Business Edition Secured Mastercard Credit Card

The First National Bank Business Edition Secured Mastercard Credit Card is a secured credit card for businesses looking to build or improve their poor credit score. 

This card offers businesses a way to separate their business and personal expenses while enjoying online account access, no annual fee, and the ability to request your credit limit.

With a secured credit card, you can take control of your credit history and help rebuild your credit with business-secured credit cards. 

This credit card also offers rewards such as cash back on all purchases, allowing you to earn points that can be redeemed for travel, gift cards, merchandise, and more. 

Additionally, this secured credit card provides fraud protection with 24/7 monitoring of suspicious activity on your account.

Card Features

• A low introductory APR of 0% for the first six months allows businesses to save money on interest payments.

• The ability to request your own credit limit between $2,000 and $100,000 (multiples available). This allows businesses to have more control over their spending and budgeting.
• No annual fee, making it an affordable option for businesses.
• Rewards program with up to 3 points per dollar spent on eligible purchases. This allows businesses to earn rewards while they shop.

Pros & Cons

Pros

• Build up your business credit and control your spending
• Request a credit limit between $2,000 and $100,000
• Rewards for purchases

Cons

• $39 annual fee
• A security deposit to open can be as high as $100,000
• The security deposit determines the credit limit

11. Bank of America Business Advantage Unlimited Cash Rewards Secured

The Bank of America Business Advantage Unlimited Cash Rewards Secured card lets business owners earn cash-back rewards on all purchases.

With this card, you can earn unlimited 1.5% cash back on all purchases, and there is no annual cap or expiration date on the rewards like with other personal credit cards.

Plus, you can get a $300 statement credit bonus after spending $3,000 within 90 days. The minimum security deposit required to open the account is $1,000.

This card also offers a variety of other benefits, including fraud protection, travel and emergency assistance services, and exclusive discounts and offers from select merchants.

Card Features

• Earn unlimited 1.5% cash back on all purchases, everywhere, every time, with no annual cap and rewards that don’t expire.
• Get a $300 statement credit sign-up bonus after spending $3,000 within 90 days.
• A minimum security deposit of $1,000.
• Designed to help business owners build or improve their business credit score.
• Manage your account online or with the Bank of America mobile app to track spending and rewards points easily.

Pros & Cons

Pros

• Unlimited 1.5% cash back
• $0 introductory APR
• Easily build or improve your business credit score
• Fraud protection and 24/7 customer service are available
• Access to online banking tools and mobile apps to manage money on the go

Cons

• The minimum security deposit is $1,000
• 26.49% APR

Our Thoughts

Don’t let your personal credit get in the way of your money-making business idea!

Startup business credit cards offer many benefits for entrepreneurs with no credit who need access to financing but don’t have a personal credit score or an established credit history yet.

These business credit cards give you access to funds to keep personal expenses separate and build up a new business credit score over time.

If you’re looking for business credit card issuers to finance your small business without breaking the bank, consider applying for one of these specialized credit cards today!