Credit Cards Business Credit Cards

Best Business Credit Cards for Bad Credit [2024]

It can be tough to qualify for a business credit card with bad credit, so focus on secured cards and cards with no personal credit check.

Updated Nov. 12, 2024
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Most business credit cards require good credit, but there are a handful of options if you have bad credit. These options can help you separate your personal and business expenses, increase cash flow, and help build your business credit history.

Some business credit card options enable you to earn valuable rewards on business purchases and provide helpful benefits, such as purchase protection or extended warranty coverage.

Explore our recommendations for business credit cards for bad credit to see which one can be a good fit for you.

How we evaluate products

The best business credit cards for bad credit

Compare business cards for bad credit

Card name Excellent for Benefits Annual fee
Capital One Spark Classic for Business Cashback and card benefits
  • 1% unlimited cash back on every purchase for your business, plus 5% cash back on hotels and rental cars booked through Capital One Travel
  • No foreign transaction fees
$0
Brex Credit Card Earning travel rewards
  • 7X points on rideshare, 4X on Brex Travel, 3X at restaurants and on eligible Apple products, 2X on software subscriptions, and 1X on all other purchases with Brex Exclusive
  • No foreign transaction fees
$0
First National Bank of Omaha Business Edition Secured Mastercard Credit Card Best secured business card
  • Credit limit between $2,000 to $100,000
  • Earn interest on your security deposit
$39
Ramp Card Earning unlimited cash back
  • up to 1.5% cash back on qualified purchases (varies by customer and determined by Ramp)
  • No personal credit check or personal guarantee required
$0

Capital One Spark Classic for Business

Great for: Cashback and card benefits

Card details:
  • Intro offer: N/A
  • Annual fee: $0
  • Rewards rate: 1% unlimited cash back on every purchase for your business, plus 5% cash back on hotels and rental cars booked through Capital One Travel

People with bad or poor credit scores may not have as many credit cards to choose from, so the Capital One Spark Classic for Business presents an appealing option. It comes with a $0 annual fee and you can earn 1% unlimited cash back on every purchase for your business, plus 5% cash back on hotels and rental cars booked through Capital One Travel. Many credit cards in the poor credit score range don’t provide any rewards at all, so this is a welcome sight.

In addition, you can also take advantage of different card benefits, including purchase protection, extended warranty coverage, and no foreign transaction fees1. These benefits can help if you make business purchases that need protection or if you tend to travel abroad for business.

The Capital One Spark Classic for Business earns cash back, but it’s not the highest rate you’ll see among business cards. If maximizing your rewards earnings is a priority, I’d recommend checking your other card options.

Pros
  • Doesn’t need the best credit score to qualify
  • Charges no foreign transaction fees
  • Provides cash back for eligible purchases
  • Offers purchase protections
  • Has $0 annual fee
Cons
  • Doesn’t typically come with a welcome bonus
  • Doesn’t have intro APR offers
  • Offers a low reward rate

Learn more in our Capital One Spark Classic for Business review.

Brex Credit Card

Great for: Earning travel rewards

Card details:
  • Intro offer: N/A
  • Annual fee: $0
  • Rewards rate: 7X points on rideshare, 4X on Brex Travel, 3X at restaurants and on eligible Apple products, 2X on software subscriptions, and 1X on all other purchases with Brex Exclusive

The Brex Credit Card is geared toward growing and scaled startup companies, so this won’t be an option if you’re a sole proprietor. But if your business is registered as a corporation, limited liability company (LLC), or limited partnership (LP), the Brex card might be what you’re looking for.

I like that you can get approved for the Brex Credit Card with only an employer identification number (EIN), meaning no hard credit inquiry on your personal credit report. A $0 annual fee is always nice, and so is the opportunity to earn rewards that you can redeem for travel or transfer to travel partners. Pair these redemption options with the fact that you don’t have to pay foreign transaction fees, and you’ve got a decent business travel card on your hands.

The Brex Credit Card earns 7X points on rideshare, 4X on Brex Travel, 3X at restaurants and on eligible Apple products, 2X on software subscriptions, and 1X on all other purchases with Brex Exclusive. Brex transfer partners include:

  • Aeromexico
  • Air France KLM
  • Avianca
  • Singapore Airlines
  • Emirates
  • Asia Miles
  • Qantas

The card requires at least $50,000 in a linked bank account, which can be steep for some startups. It’s nice that there’s no personal credit check, but you have to put up a lot of money for a chance at approval.

Brex credit limits flex according to your business’s cash balance, and requires visibility into your linked accounts. If something goes wrong with the link between Brex and your bank account(s), your credit limit can drop to $0.

Pros
  • Doesn’t require a personal credit check
  • Allows you to earn points for eligible purchases
  • Has many redemption options, including travel or transfers to travel partners
  • Comes with a $0 annual fee
  • Doesn’t charge foreign transaction fees
Cons
  • Requires $50,000 in a linked bank account for startups
  • Ties your credit limit to your cash balance

Learn more in our Brex Credit Card review.

First National Bank of Omaha Business Edition Secured Mastercard Credit Card

Great for: A secured business card

Card details:
  • Intro offer: N/A
  • Annual fee: $39
  • Rewards rate: N/A

As the name suggests, the First National Bank of Omaha Business Edition Secured Mastercard Credit Card is a secured credit card. Secured credit cards tend to have lower credit requirements than standard credit cards. This could be helpful if you haven’t had success with other business credit cards.

As with other secured credit cards, you have to put down a security deposit for this card, which can be between $2,000 and $10,000. Your security deposit will earn interest.

On top of the security deposit, you also have to pay a $39 annual fee for this card.

Pros
  • Allows you to earn interest on your security deposit
  • Offers a credit limit between $2,000 and $10,000
  • Enables you to request the credit limit you want
Cons
  • $39 annual fee

Learn more about the FNBO Business Edition Secured Mastercard Credit Card.

Ramp Card

Great for: Earning unlimited cash back

Card details:
  • Intro offer: N/A
  • Annual fee: $0
  • Rewards rate: up to 1.5% cash back on qualified purchases (varies by customer and determined by Ramp)

The Ramp Card is a straightforward rewards card that earns up to 1.5% cash back on qualified purchases (varies by customer and determined by Ramp). This makes it easy to use this card for all your business needs, regardless of which category the expenses fall under.

It’s also helpful that the Ramp Card has a $0 annual fee. There is no personal credit check or personal guarantee required when you apply, which is handy for someone without the best credit score but who has the money to back up their credit limit.

You need at least $50,000 in a linked bank account to apply. Sole proprietors aren’t eligible for the Ramp card, as it’s only for only corporations, LLCs, and LPs.

Pros
  • Doesn’t require a personal credit check
  • Has a $0 annual fee
  • Offers up to 1.5% cash back on qualified purchases (varies by customer and determined by Ramp)
Cons
  • Requires $50,000 in a linked bank account
  • Requires full payment of your balance every month
  • Doesn’t allow individuals or sole proprietors

Learn more about the Ramp Card.

Alternative cards if your credit needs work

You don’t necessarily need to use a business credit card for your business expenses. You can also use consumer credit cards for your business, which opens up more opportunities to find cards for poor credit.

But keep in mind that personal credit cards generally report activity to the major credit bureaus, including Equifax, Experian, and TransUnion. So using these cards wouldn’t necessarily help build your business credit score, which is something that could help you secure business financing.

Additionally, by using a personal credit card, you wouldn’t be separating your personal finances from your business finances. This can seriously complicate your accounting and tax filing. I recommend keeping your business and personal finances as separate as possible.

Here are a few recommendations for consumer credit cards to consider if you have poor credit:

Find more options in our list of the best credit cards for poor credit.

How to choose a business credit card

There are some differences between business credit cards versus personal cards, including interest rates. However, they typically share the same decision-making factors whether you’re choosing a business or personal credit card for bad credit.

Here’s what to consider before you choose the best credit card for bad credit.

Credit score requirements

If you have bad or poor credit, skip any card that typically has strict credit score requirements. This includes credit cards that might require a good or excellent credit score. You’re not likely to get approved, and the hard inquiry on your credit report could pull your score down further.

Rather, it makes sense to focus on credit cards that don’t do a credit check at all or have more lenient requirements. This could help improve your chances of getting approved.

Keep in mind that credit cards that don’t do credit checks often have other ways to determine your creditworthiness or to reduce the risk for credit card issuers. For example, most secured credit cards will require a security deposit.

Annual fee

In general, credit cards with annual fees have better benefits and/or rewards than cards with no annual fees. This could include a higher rewards rate, no foreign transaction fees, or any number of other benefits.

But having an annual fee is similar to paying an upfront cost every year as a cardmember. This is fine if you think you get enough value from your card to be worth the cost, but no-annual-fee cards are less stressful.

Learn more about no-annual-fee business credit cards.

Card benefits

Does the card offer benefits like purchase protection or extended warranty coverage? Does it charge foreign transaction fees? It’s worth taking your time to see which perks you might receive as a cardholder – and which you’ll actually use.

For business cards, consider how each card might help you with your business goals. This could include tracking expenses, issuing employee cards, or earning bonus rewards on common business purchases.

Rewards rate

Earning cash back, points, or miles can be beneficial if you own a business with loads of expenses. But not all rewards credit cards are equal, so pay attention to earning rates on different cards.

If two cards are similar in most other ways, but one has a higher earning rate, it likely makes sense to choose the potentially more rewarding card.

Welcome bonus

Not all credit cards provide welcome offers for new cardholders, but many do. It can be an easy way to earn extra rewards for purchases you were already planning on making.

FAQs

Can I get a credit card for my business if my credit is bad?

Yes, there are business credit cards available for people with poor or bad credit. This includes business credit cards with less strict credit score requirements, as well as secured business cards. You might also consider personal credit cards that are meant for building your personal credit score, including secured credit cards.

Can you use an EIN to get a credit card?

Yes, you can get a business credit card with an EIN because certain lenders only require an EIN without needing a Social Security number. For example, there’s no personal credit check if you apply for the Brex Credit Card or the Ramp Card. Note that both cards have bank account requirements of $50,000.

Can you get a business credit card with no revenue?

You can qualify for a business credit card with little or no revenue because many small business credit card applications also consider other factors, such as your personal income and your expected revenue. This makes it possible for new business owners to get approved for business credit cards even if they haven’t made much or any money yet.

Bottom line

There are a few options for business credit cards for bad credit, typically including secured business credit cards or business cards that don’t require a personal credit check.

Apart from these options, you also have the Capital One Spark Classic for Business. We like it because it’s a cash back rewards card that generally only requires a fair credit score. Keep in mind that card issuers look at multiple factors when determining your eligibility, so having a certain credit score won’t guarantee your approval.

For more of our top recommendations, compare credit cards and credit card offers.

Author Details

Ben Walker, CEPF, CFEI®

Ben Walker, CEPF, CFEI®, is credit cards specialist. For over a decade, he's leveraged credit card points and miles to travel the world. His expertise extends to other areas of personal finance — including loans, insurance, investing, and real estate — and you can find his insights on The Washington Post, Debt.com, Yahoo! Finance, and Fox Business.

Author Details

Mary Beth Eastman

Mary Beth Eastman is a personal finance writer and editor specializing in credit cards, loans, banking, and real estate. She’s been published by major national brands, including Bankrate, U.S. News & World Report, and Newsweek Vault, among others. Previously, she worked as an award-winning copy editor and newspaper designer for daily news outlets in Pennsylvania, Maryland and Ohio.