When you’re choosing a business credit card, it’s best to choose one with rewards. The type of loyalty credit card you use will be based on what type of business you have and what you intend to use the rewards for. There are plenty to choose from, such as travel rewards, loyalty rewards and cashback options.
Credit Card Options
When looking for the best business credit card in Canada, there are plenty of options. Honestly, the number of choices out there can be very overwhelming. Before you choose which credit card to apply for, review the card’s details to see which best suits your needs.
We’ve compiled a list of the best credit cards for businesses. This list will show the pros and cons of each card. Hopefully, this will help you narrow down which credit card is best for you.
RBC Avion Visa Infinite Business
The RBC Avion Visa Infinite Business card is a top contender among Canada’s best business credit cards and a great option for rewards. With this Visa, you get complimentary benefits, including Visa Airport Companion, 24/7 business concierge services, and Visa spend clarity for business.
While the RBC Avion card is a travel credit card that helps you unlock business travel possibilities, you don’t have to use your points to travel. Instead, you can cash in your points for merchandise, travel or even RBC financial rewards. You can even transfer points to pay a portion of your balance, helping offset business expenses.
One of the major perks you need to consider when getting a business credit card is the insurance, especially if you travel. The insurance included with the Avion card is:
- Mobile Device Protection
- Purchase Security
- Extended Warranty
- Out-of-province or country emergency medical
- Trip Cancellation and Trip Interruption
- Travel Accident and Delayed Baggage
- Auto Rental Collision/Loss Damage ( Rental Car Insurance)
- Lost/Stolen Baggage and Flight Delay
- Hotel/Motel Burglary
To qualify for this credit card, you need a personal income of $60,000 or a household income of $100,000. However, if you do qualify, they have a current welcome offer of 35,000 points, which is enough for one flight in the U.S. or Canada. The purchase interest rate is 19.99%, and the cash advance rate is 22.99%. The annual fee for this card is $175, and each additional card is $75, up to a maximum of 9 cards.
BMO World Elite Business Mastercard
The BMO World Elite Business Mastercard is another great travel credit card option. However, you can also earn points with everyday purchases. You can earn 4 points for every $1 you spend on gas, office supplies, cell phone and internet payments. For all other purchases, you earn 1.5 points per $1.
With this card, the annual fee is only $149. Your purchase interest rate is 18.99%, and cash advance interest is 23.99%. You can also get up to 22 additional cards for your employees. Some other great perks that are included with this card are:
- Airport lounge access
- Point redemption for a variety of business options, including travel
- Automatic rebates of 1% to 25% at qualifying merchants
- 90-day purchase protection
- Extended warranty protection
- Travel protection
- Employee card abuse protection
If you get approved for this credit card now, you can get up to 100,000 bonus points and waive your first-year card fee.
BMO Cashback Business Mastercard
The BMO Cashback Business Mastercard is another business card option for those looking for low fees. The card has no annual fees, 20.99% purchase interest and 23.99% cash advance interest. Their current welcome offer is 10% cash back on gas, office supplies, cell phone payments and internet payments. You can also get 0% interest on balance transfers for 9 months with a 3% transfer fee.
For everyday purchases, you can earn 1.75% back on Shell purchases, 1.5% back on gas, office supplies, cell phone and internet payments, and .75% back on all other purchases. The additional benefits included with this card are:
- 1%-25% rebates when you purchase at qualifying merchants
- 90-day purchase protection
- Extended warranty protection
- 22 additional cards
- Employee card abuse protection
- Up to 7 cents off per litre on Shell fuel
American Express Aeroplan Business Reserve Card
The American Express Aeroplan Business Reserve Cards don’t have low fees like some of the other rewards cards we’ve discussed. That said, this card offers great membership rewards points and many benefits. The annual fee for this card is $599, which increases to $799 as of Jan 12, 2027. Each additional Reserve card is $249 for employees. That said, you can get additional cards with a small fee of $25. The purchase interest and cash advance interest are both 21.99%.
Some benefits included with this card are:
- Up to 90,000 bonus points in your first 13 months
- Unlimited Maple Leaf Lounge Access in North America
- Complimentary Guest Access to the Maple Leaf Lounge for One Guest
- Free first-checked bags
- Priority pass membership
- Nexus card statement credit
- Toronto Pearson International Airport Discounted Car Care
- Pearson Complimentary Valet Service
- Pearson Parking Discount
- 3 points for every $1 on Air Canada Flights
- 2x points for eligible hotels and car rentals
- 1.25x the points for every $1 on everyday purchases
- Access to Pearson Priority Security Lane
- American Express Experiences
- Plan it, pay at your own pace
If you still want to go with an American Express card but not this one, there are also the American Express Business Edge card and the American Express Business Platinum card. While the Edge card has fewer benefits than the Reserve card, the annual fee is only $99. The Platinum card has an annual fee of $799 and gives you access to the AMEX International Airline Program.
CIBC bizline Visa Card
The CIBC bizline Visa not only has low fees, but it also offers low interest rates. There are no annual fees, and interest rates are as low as CIBC prime plus 2.5%. The minimum annual income needed to apply for this card is $15,000, and you can get up to 9 additional cards.
This card is ideal for those just starting their business or those looking for small-business credit cards. The benefits included with this card are:
- Access to CIBC Credit Smart
- Discounts with AVIS car rentals up to 25%
- Access to CIBC Savings Edge
- Fraud alerts
- Digital dispute platforms
- Visa’s Zero Liability Policy
- $100,000 common carrier liability insurance
Scotia Momentum Business Visa Card
If you’re in the market for a business credit card, then another great option to consider is the Scotia Momentum Business Visa Card. Right now, their welcome offer allows for a 2.99% interest rate on balance transfers for 6 months. After that, the interest is 22.99%. Annual purchase interest is 20.99%, cash advance interest is 22.99%, and the annual fee is $79. Supplementary cards are $29 each.
With this card, the minimum credit limit is only $500, but it can go as high as $150,000. You can receive business savings with Visa Business Edge, consolidate your payments, manage your business spending, and use tap to make safe, easy payments.
CIBC Aventura Visa for Business
If you’re looking for a credit card with CIBC that has a few more benefits than the Bizline, the CIBC Aventura for Business might be a good option for you. To qualify, though, you need to have a minimum annual income of $35,000.
With this credit card, there are two annual fee options. The first offers an annual fee of $120, plus $50 per additional card, up to 9 cards. The purchase interest rate is 20.99%, and the cash advance rate is 22.99%. With the second option, the annual fee is $180, plus $50 per extra card up to 9. The interest rates for this card start at 12.99% for purchase interest and 14.50% for cash interest.
Included with this card are also some great perks:
- 1.5X the Aventura points on most purchases and 1X the points on the rest
- First checked bag is free
- 4 Maple Leaf Lounge passes per year
- Sharing the perks with authorized users
- 4th night free at hotels redeemed with Aeroplan points
- Avis Preferred Plus
- Fraud alerts
- Visa’s zero liability policy
- Digital disputes platform
- Trip Cancellation Insurance
- Trip Interruption Insurance
- Flight Delay Insurance
- Baggage Insurance
- Common Carrier Accident Insurance
- Purchase Security and Extended Warranty Insurance
- Auto Rental Collision and Loss Damage Insurance
- Optional CIBC Travel Insurance
CIBC Aeroplan Visa Business Card
The CIBC Aeroplan Visa Business Card is another great option for those looking for a good CIBC business card. With this card, the annual fee is $180, with the first year rebated. Each additional card is $50. The purchase interest rate for this card starts at 12.99%, and the cash advance rate is 14.99%.
As a welcome bonus, you can earn up to 100,000 points. Otherwise, you earn points based on how you spend your money. You can get 2X the points on any funds you spend with Air Canada. On most other purchases, you can earn 1.5X points, and everything else earns 1X points.
Other benefits that come with this card include:
- Free first checked bags
- 4 Maple Leaf lounge guest passes
- Sharing the perks with authorized users
- 4th night free at hotels purchased with points
- Avis Preferred Plus
- Fraud alerts
- Visa’s zero liability policy
- Digital disputes platform
- The ability to access Trip Cancellation Insurance
- The ability to access Trip Interruption Insurance
- The ability to access Flight Delay and Baggage Insurance
- The ability to access Common Carrier Accident Insurance
- Purchase Security and Extended Warranty Insurance
- Auto Rental Collision and Loss Damage Insurance
- Optional CIBC Travel Insurance
CIBC Aeroplan Visa Business Plus Card
The CIBC Aeroplan Visa Business Plus Card is very similar to the Business Card. The difference is that the annual fee is $120, which is rebated for the first year. The fee on each additional card is $50. The purchase interest rate is 19.99%, and the cash advance rate is 22.99%.
TD Business Travel Visa Card
If you travel a lot for business and are looking for a card with TD, then this is one of the TD business credit cards that you want to take a look at. The annual fee on this card is $149, and $49 for each additional card. The purchase interest rate is 19.99%, and the cash advance rate is 22.99%. When it comes to earning rewards, you can earn:
- 9 reward points per $1 on Expedia purchases
- 6 reward points per $1 on restaurant purchases
- 4 reward points recurring bill payments
- 6 reward points per $1 on foreign currency purchases
- 2 reward points per $1 on eligible purchases
Some other benefits included with this card are:
- Travel Medical Insurance
- Trip Cancellation/Trip Interruption Insurance
- Flight/Trip Delay Insurance
- Baggage Delay Insurance (includes lost baggage)
- Emergency Travel Assistance Services
- Up to $500,000 in Common Carrier Travel Accident Insurance
- Visa Savings Edge Program
- Access to the TD Card Management Tool
- Ability to make Amazon purchases with your rewards
- 50% more points at Starbucks
- Auto Rental Collision/Loss Damage Insurance
- Discounts with Avis and Budget Car Rentals
- Visa Zero Liability
- Purchase Security and Extended Warranty Protection
TD Business Select Rate Visa Card
The Business Select Rate Visa Card is a great option for those looking for a lower interest rate. With an annual fee of $0, you can get an interest rate of 11.99% on purchases and cash advances. With an annual fee of $49, you can get an interest rate of just 8.99%.
The benefits included with this card are:
- Auto Rental Collision/Loss Damage Insurance
- 21-day grace period
- Purchase Security and Extended Warranty Protection
- TD Card Management Tool
- Visa Savings Edge Program
- 50% more stars at Starbucks
TD Aeroplan Visa Business Card
Another great TD travel card is the TD Aeroplan Visa Business Card. This card also offers a welcome bonus of 60,000 Aeroplan points to be added to your membership rewards program balance if you qualify. The annual fee for this card is $149; each additional card is $49, the purchase interest rate is 14.99%, and the cash advance rate is 22.99%.
The points you earn with this card are based on what you spend your money on. You can earn:
- 2 points for every $1 on eligible net purchases charged with Air Canada
- 1.5 points for every $1 on eligible travel and business categories
- 1 point for every $1 on all other eligible business essentials and other purchases
- 2x the points with your Aeroplan number at partner brands
Other benefits that come with this card include:
- Flexible ways to redeem Aeroplan points
- First checked bag on Air Canada flights for you and up to eight companions
- The Visa Savings Edge Program
- TD Card Management Tool
- Travel Medical Insurance
- Trip Cancellation/Trip Interruption Insurance
- Flight/Trip Delay Insurance
- Common Carrier Travel Accident Insurance
- Delayed and Lost Baggage Insurance
- Emergency Travel Assistance Services
- Business Statement Credits for Nexus Holders
- Hotel/Motel Burglary Insurance
- Auto Rental Collision/Loss Damage Insurance
- Purchase Security and Extended Warranty
- Visa Secure
- Mobile Device Insurance
- Avis and Budget Rental Car Discounts
- Avis Preferred Plus
- Maple Leaf Lounge One-Time Guest Passes
American Express Business Gold Rewards Card
Another great business credit card is the American Express Business Gold Rewards Card. This card has no preset spending limit, is interest-free for up to 55 days, and offers flexible payment options. They have an annual fee of $199 and a $50 fee for each subsequent card. When it comes to points, you can earn 10,000 points each quarter for $20,000 in net purchases before the quarter ends, and 1x points on all purchases.
In terms of redeeming points with this card, points can be used for:
- Booking flights within Canada or to anywhere in the world
- Statement credits
- Purchases at Amazon.ca
- Purchasing gift cards and other merchandise
- Frequent-flyer and hotel programs
- Purchases with American Express Travel
- Purchases at AirCanada.com
You can also access expense management reports and business services, as well as employee misuse protection. You can also get:
- Car Rental Theft and Damage Insurance
- Lost or Stolen Baggage Insurance
- Hotel Burglary Insurance
- Flight Delay Insurance
- Baggage Delay Insurance
- Travel Emergency Assistance
- $100,000 Travel Accident Insurance
- Purchase Protection Plan Insurance
- Mobile Device Insurance
- Buyers Assurance Protection Plan Insurance
- Hertz Rental Car Benefits
- The Hotel Collection
- Front of the Line Amex Presale and Reserved Tickets
- Front of the Line Emails
- Special Access for all Cardmembers
- 24/7 Customer Service
- Emergency Card Replacement
- Fraud Protection Guarantee
- Special benefits with Instacart and Dell
Marriott Bonvoy Business American Express Card
The Marriott Bonvoy Business American Express Card is ideal for businesses that frequently make Marriott Bonvoy purchases. There’s an annual fee of $150, a $50 fee for supplementary cards, and a 21.99% interest rate on purchases and cash advances. You earn 5x the Marriott Bonvoy points for every $1 spent on Marriott purchases, 3x the points for every $1 spent on eligible gas, dining and travel, and 2x the points for every dollar spent on everything else.
You can also get 15 elite night credits each year to reach elite status. There’s an annual free night award with no points needed, and you can upgrade to gold after you charge $30,000 in purchases. Other perks included with this card are:
- Travel Emergency Assistance
- $500,000 Travel Accident Insurance
- Car Rental Theft and Damage Insurance
- Flight Delay Insurance
- Baggage Delay Insurance
- Lost or Stolen Baggage Insurance
- Hotel Burglary Insurance
- Buyer’s Assurance Protection Plan Insurance
- Protection Plan Insurance
- Front of the Line Amex Presale and Reserved Tickets
- Front of the Line Emails
- Special Access for all Cardmembers
- Payment Plans
- 24/7 Customer Service
- Emergency Card Replacement
- Fraud Protection Guarantee
- Amex Business Offers
Capital One Business Credit Cards in Canada
While Capital One does offer business credit cards in the United States, it doesn’t yet offer them in Canada. Currently, they only offer the following personal credit cards:
- Capital One Guaranteed Mastercard
- Capital One Guaranteed Secured Mastercard
- Capital One Smart Rewards Mastercard
- Capital One Aspire Travel Platinum Mastercard
- Capital One Aspire Cash Platinum Mastercard
Getting a Business Credit Card: Is it difficult?
Whether a business credit card is difficult to get depends on the credit card issuer. Some credit card issuers require full documentation and a screening process before your approval. Others will require limited documentation. However, that may mean that your credit limit will be a bit lower.
An important part of getting a business credit card is also your credit score. Your personal credit score and credit history will determine your approval odds and affect your credit limit. Your personal income helps determine what payments you can make, which in turn affects your credit limit.
Because you’re looking to get a business credit card, most credit card issuers will ask you to prove that you have a registered business that’s currently operating. However, freelancers and contractors may also be eligible for business credit cards.
What Documents are Required for Canadian Business Card Applications?
When you’re applying for a Canadian business credit card, the documents that are required depend on whether you’re a sole proprietor or not.
Sole Proprietors: The required documentation includes a business license, a master business license, or a provincial trade name registration.
All Other Businesses: You can use articles of incorporation, corporate profile reports, or official partnership agreements.
All applicants are also required to show government-issued ID. You may also be required to show your Canada Revenue Agency Business Number.
Are Sole Proprietors Able to Qualify for Business Credit Cards?
As with other businesses, sole proprietors can qualify for business credit cards. However, if you do decide to get a business credit card, you will have to sign a personal guarantee. This is because a sole proprietorship is not a separate legal entity from you.
Your application will also be evaluated based on your personal credit score. For this reason, you can get approved by banks even if your business doesn’t have any revenue yet.
Getting a Business Credit Card With Bad Credit
If you have bad credit, it can be much more difficult to get a business credit card. Getting a card with the big five banks can be hard if your credit score is below 650. If you’re unable to find a traditional card, there are other options including:
- Secured business cards
- Corporate charge cards
- Prepaid business accounts
The Differences Between a Credit Card and a Charge Card
The main difference between a charge card and a credit card is how you pay your balance. However, it can also influence how your spending limit is set.
Charge Card
The balance on a charge card must be paid in full every month. This means that there is no standard interest rate like there is with a credit card. There are no interest fees, but there are high fees if you don’t pay your bill on time. These cards also usually have high fees.
Credit Card
Credit cards can carry a balance, and only a minimum payment is required each month. Any unpaid balance incurs interest; however, there are also penalties for any late payments. The annual fees vary, and so do the preset limits.
How Personal and Business Credit Cards Differ
While both personal and business credit cards generally work the same way, there are some differences. The first difference is their purpose. Personal credit cards are used for individual, household and daily expenses. Business cards, on the other hand, are designed specifically to cover company costs.
In terms of credit card limits, the limits on personal cards are based on your credit score and income. The interest-free grace period is 21 days. For business cards, the limits are generally higher and depend on the company’s cash flow. They also offer grace periods of up to 55 days.
With a personal credit card, the liability is 100% on you. With a business credit card, the liability can be on you or the business. When it comes to credit reports, both personal and business cards can report your personal credit, but some business cards will report on behalf of the business instead of you.
One of the most important differences between personal cards and business/corporate cards is the ability to have multiple supplementary cards. This allows for employee spending and spending limits, allowing you to still track business expenses. It also allows Canadian businesses to earn more rewards.
Is it Better to Choose Personal or Business Liability?
When you’re getting a business credit card, neither personal nor business liability is better. The option you choose depends on your company’s age, structure, and risk tolerance. For this reason, many business credit cards require a personal guarantee or joint-and-several liability.
Business liability insurance is harder to obtain and is recommended for businesses that have been operating for over 2 years with a solid revenue stream. It’s also ideal for those looking to issue credit cards to their employees, since it keeps everything off their personal credit reports.
Business Credit Cards That Have No Foreign Transaction Fees
If you’re doing business that requires a currency conversion, then it’s ideal to have a credit card with no FX fees. There are two that stand out above the rest.
Scotiabank Passport Visa Infinite Card
For those with high spending requirements, the Scotiabank Passport Visa Infinite Card offers a minimum credit limit of $10,000. It has an annual fee of $199 with $0 for supplementary cards. The purchase interest rate on this card is 20.99%, and the cash advance rate is 22.99%.
Before you apply for this card, though, it’s important to understand the eligibility requirements. You can begin the application process if you have at least one of the following:
- A minimum business annual revenue of $500,000 CAD
- A minimum of $60,000 in personal annual income
- A minimum of $30,000 annually spent on your credit card
- A minimum of $100,000 in annual household income
- At least $250,000 in assets under management
Some other benefits included with this card are:
- Comprehensive travel insurance
- No FX fees
- 6 complimentary lounge visits
- Car rental discounts
- Simple redemption options
- Purchase security and extended warranty protection
Unlike traditional business credit cards, this card can be used to manage business expenses while earning rewards on travel and everyday spending.
Are Annual Fees on Business Credit Cards Tax Deductible?
Unlike personal credit cards, annual fees on business credit cards are tax-deductible (including virtual cards). However, it’s important to remember that the credit card has to be used exclusively for business. If it’s only partially used for business, you can write off only half of the fee.
Annual fees aren’t the only fees for business credit cards that can be written off. You can also deduct other business costs, including interest charges, transaction fees, foreign transaction fees, and late payment fees.
The Most Exclusive Business Credit Card in Canada
The most exclusive business credit card in Canada is the American Express Business Platinum Card. This charge card comes with a variety of perks and one of the best rewards programs.
American Express Business Platinum Card
The American Express Business Platinum Card is a charge card and not a traditional credit card. While other cards have a low annual fee, this card has an annual fee of $799. The spending limits are based on your income, since there is no preset spending limit. The balance needs to be paid every billing cycle.
If you go with a flexible payment options balance, the purchase interest is 21.99%. The interest for delinquent balances is 30%. You can add up to 99 additional employee cards, with charges ranging from $0 to $250.
Some perks included with this card include:
- $200 annual travel credit
- The American Express Global Lounge Collection
- Up to $240 in statement credits with Instacart
- Employee card misuse protection
- Buyers assurance protection plan
- Purchase protection plan
- Mobile device insurance
- World-class services
- Travel insurance
Are Start-Ups Able to Get a Business Card Without a Credit Check?
With Canadian business credit cards, you can get approved without a credit check, but it’s not usually with the big 5 banks. The most common types you can get are prefunded/prepaid business cards and cash-flow/underwritten charge cards.
Prepaid business cards require you to load funds before you can spend. What you’re able to spend is strictly dependent on how much you can load on the card. Some platforms allow unsecured charge cards based on your business performance and other metrics, rather than your personal credit score.
What are the Differences Between Fintech Corporate Cards and Big Bank Business Cards?
When you’re trying to decide between fintech corporate cards and big bank business cards, it’s important to understand the differences.
Fintech Corporate Cards
With these types of cards, no personal guarantee is required. Your approval is based on the company’s cash flow, bank balances, or even revenue. If payments aren’t made, it’s the company that’s liable. They even offer unique features like built-in spend tracking, receipt capture, automated accounting software such as QuickBooks and Xero, and virtual credit cards. Instead of multi-currency cards for international vendors, they have low FX fees.
Big Bank Business Cards
Many big banks require a personal guarantee for you to qualify for a business card. However, some may allow for joint-and-several liability. They offer basic tools to track expenses and manage spending. It can also take longer to receive your card. The fees for international spend are also a bit higher.
Best WestJet Business Card in Canada
While having credit card debt isn’t ideal, using a business credit card appropriately can be a great way to manage expense reports, business financial statements, and employee card management. For businesses with travel expenses for both domestic and international travel, a WestJet business credit card could be a great option.
WestJet RBC World Elite Mastercard for Business
With the WestJet RBC World Elite Mastercard for Business, the annual fee is $175, and the fee for each additional card is $75. It has a purchase interest rate of 19.99% and a cash advance rate of 22.99%. The benefits include:
- Up to 100,000 WestJet points
- Up to 3 WestJet points for every $1 spent on eligible business expenses and vacation packages
- Access to the business travel program
- Instant Silver status
- Premium travel insurance
- Up to 6 points for every $1 spent on WestJet flights
- Free checked bags
- Lounge access
- 1.5 points for every $1 spent on everyday purchases
- Fuel savings at Petro-Canada
- 12-month DoorDash subscription
USD Business Credit Cards for Cross-Border Spending
When you have a business, you don’t want to combine your personal finances and personal spending with your business expenses. For this reason, finance teams prefer you to have both personal cards and business cards. With both cards, you can control your spending limits, manage your personal expenses and even earn premium travel rewards.
If you’re doing cross-border business, your best option is to get a USD business credit card. Some of the best options include:
- RBC Commercial U.S. Visa Card
- Scotiabank USD Visa Business Card
- Scotiabank Passport Visa Infinite Business Card
- Float Corporate Cards
Fees, Earn Rates and Welcome Bonuses for Popular Business Credit Cards
| Credit Card | Fees | Earn Rate | Welcome Bonus |
| The Business Platinum Card from American Express | $799 | Varies | Up to 70,000 |
| American Express Business Gold Rewards Card | $199 | Varies | Up to 70,000 |
| Scotiabank Passport Visa Infinite Business Card | $199 | 1.5 Scene+ points per $1 | 40,000 points |
| BMO Ascend World Elite Business Mastercard | $149 | 4x points on gas, office supplies, and telecom | Up to 100,000 points |
| RBC Avion Visa Business | $120 | 1 Avion point/$1 | 35,000 points |
| CIBC Aventura Visa Card for Business | Rebated for the first 2 years | Varies | Up to 70,000 points |
How to Get a Business Credit Card in Canada
In Canada, business credit cards are based on your business credit score and credit history or your personal score. You must also have proof of a business, like a business license or a master business license. However, if your business is just starting, you should speak to your bank. You can likely still get a credit card; it may just be a lower limit until you start increasing your business credit score.
Visa, Mastercard and American Express: Which Should You Choose For Your Business Credit Card
No matter which credit card you decide to go with, it’s important to keep in mind whether you’re looking for a Mastercard, Visa or American Express. Each credit card company has different partners and features. That said, they all offer comprehensive insurance coverage. Let’s take a look.
Visa
If you’re looking to get a Visa credit card, the good news is that most merchants accept it. The key features of a business Visa credit card include:
- Higher credit limits
- 24/7 concierge service
- Discounts on merchandise with Visa partners
- Zero liability policy
- Trip delay and cancellation benefits
- Global Entry/pre-check
- Airport lounge access
For those who travel a lot for business, Visa could be a good choice.
Mastercard
Just like Visa, Mastercard is accepted by most merchants worldwide. The key features included with a business Mastercard are:
- Zero Liability Protection
- Global Emergency Services
- Discounts with Mastercard partners
For those looking for a travel card, Mastercard doesn’t offer quite as many perks. However, you can get a 7% discount with Booking.com.
American Express
While American Express is a great option for those who travel, it isn’t accepted at as many merchants as Visa or Mastercard. This can make it difficult if it’s the only thing you use for business expenses. That said, American Express offers the best travel rewards and perks.
Checking Your Credit Score Before You Apply
Since most credit cards have minimum credit score requirements, it’s a good idea to know where your credit score sits before you apply. You can check your Equifax score on Borrowell and your TransUnion score on ClearScore.
