Top 7 No-Annual-Fee Business Credit Cards of 2024
Freelancers, side hustlers, and small-business owners seeking rewards without Annual fees have several solid options available. While these cards typically offer fewer premium perks than those with higher fees, many still provide attractive welcome bonuses and competitive rewards rates.
Our Top Picks for No-Annual-Fee Business Credit Cards
Here's a breakdown of seven leading choices:
- The Blue Business® Plus Credit Card from American Express: Best for transferable points.
- Ink Business Cash® Credit Card: Ideal for office and telecom expenses.
- Ink Business Unlimited® Credit Card: Pairs well with a premium Ultimate Rewards card.
- The American Express Blue Business Cash™ Card: Offers straightforward cash back.
- Capital One Spark Cash Select: Suitable for international expenses.
- Bank of America® Business Advantage Travel Rewards World Mastercard® credit card: Rewards members who travel.
- Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card: Allows for customized bonus categories.
Blue Business Plus: Earning Transferable Points
Welcome Offer: Earn 15,000 bonus points after spending $3,000 on eligible purchases within the first three months. The Points Guy values Amex points at 2 cents apiece, making this offer worth $300.
Why It's Worth It: The Blue Business Plus earns a flat rate of 2 Membership Rewards points per dollar spent on all eligible purchases (up to $50,000 annually; 1 point per dollar thereafter). Spending $50,000 in a year could earn 100,000 points – valued at $2,000. There's no fee for adding employee cards.
Keep in Mind: American Express generally limits cardholders to one welcome bonus per card lifetime.
Ink Business Cash: Rewards for Office and Telecom
Welcome Offer: Receive $1,000 cash back after spending $8,000 on purchases in the first four months.
Why It's Worth It: The Ink Business Cash earns 5% cash back at office supply stores and on cellular/internet/cable services (up to $25,000 annually), 2% back at gas stations and restaurants (up to $25,000 annually), and 1% on everything else. Rewards can be redeemed as cash back (1 point = 1 cent).