3 Best Startup Business Credit Cards with No Credit
Startup Business Credit Cards: No or Limited Credit History
If you’re trying to get your startup business off the ground and need to make some responsible purchases, a business credit card is the next step for you.
It’s a great way to build credit history with your business and allows you to track business purchases. It also allows you to build business credit, moving away from that personal credit card. Building a good business credit score is essential in securing more funding and investment opportunities in the future.
We found the best business credit cards that only require a personal credit score and offer the best benefits for your new business.
#1 Capital One Spark 1% Classic for Business
Our #1 Pick
Capital One Spark 1% Classic for Business
The Capital One Spark 1% Classic credit card takes the number one spot because it’s requirements to apply are minimal and it offers some great rewards.
The Capital One Spark 1% Classis card is best for new small businesses and entrepreneurs with limited credit history.
You can qualify with an average personal credit score, and earn great rewards on purchases. You earn 1% cash back for all business purchases, everywhere, no limits or category restrictions. On top of that, there’s no annual fees or foreign transaction fees.
Downsides
One downside to the Capital One Spark Classic is that it does have a high APR at 26.99%. And you should have a personal credit history and decent credit score to apply.
Key Features
- Unlimited 1% cash back on every purchase with no minimums or expiration date
- Qualify with limited personal credit history
- No annual fees, membership fee, or foreign transaction fees
What you’ll need to apply
- A fair, average credit history (a minimum credit score of 580)
- It takes about 10 minutes to apply and you’ll get an answer in seconds.
- You’ll need to know legal names, addresses and social security numbers for all business owners.
- Gather your legal business name, address and business tax ID number (TIN).
#2 Ink Business Unlimited® Credit Card
Our #2 Pick
Ink Business Unlimited® Credit Card
The Ink Business Unlimited Credit Card is a great small business credit card. What makes this a great startup business credit card is it does not require any business credit history. Though you will need a good personal credit score of at least 670.
Key Features
- No annual fee
- Unlimited 1.5% cash back
- 0% introductory APR for 12 months on purchases
- Free employee cards at no extra cost
What you’ll need to apply
- A good or excellent personal credit history (670-850 credit score)
- Business information including TIN, SSNs for the business owners, business entity structure, etc.
#3 American Express Blue Business Cash™ Card
Our #3 Pick
American Express Blue Business Cash™ Card
American Express Blue Business Cash Card is one of the best business credit cards for startups as it offers simplicity and yields great rewards!
Key Features
- No membership or annual fee
- 2% cash back on eligible purchases
What you’ll need to apply
- Good or excellent personal credit score (700+)
- SSN or EIN
- Cash flow flexibility (no over limit fee)
