Business Credit Cards

The Top 5 Business Credit Cards with No Personal Guarantee to Apply for Today

If you are an entrepreneur, small business owner, or freelancer, having a business credit card is a must. Business credit cards not only help you keep your business expenses separate from personal expenses but also help you keep track of your business expenses for accounting and tax purposes. Moreover, business credit cards offer rewards, cashback, and other benefits that can help you save money and grow your business. However, not all business credit cards are created equal, and some require a personal guarantee, which means that you, as the business owner, are personally liable for the debt, even if your business fails to pay it. In this article, we will review the top 5 business credit cards with no personal guarantee to apply for today.

1. Capital One Spark Cash for Business

The Capital One Spark Cash for Business is one of the most popular business credit cards with no personal guarantee. It offers unlimited 2% cash back on all purchases, with no minimum spending requirements or caps. It also comes with a $500 cash bonus after spending $4,500 on purchases within the first three months of account opening. The annual fee is $95, but it's waived for the first year. The card also offers free employee cards, fraud coverage, and other perks.

2. American Express Blue Business Cash Card

The American Express Blue Business Cash Card is another excellent business credit card with no personal guarantee. It offers 2% cash back on all purchases, up to $50,000 per year, and 1% cash back on all purchases after that. It also comes with a $250 statement credit after spending $3,000 on purchases within the first three months of account opening. The annual fee is $0, and it offers free employee cards, purchase protection, and other benefits.

3. Chase Ink Business Unlimited Credit Card

The Chase Ink Business Unlimited Credit Card is a great option for business owners who want simplicity and flexibility. It offers unlimited 1.5% cash back on all purchases, with no minimum spending requirements or caps. It also comes with a $750 cash bonus after spending $7,500 on purchases within the first three months of account opening. The annual fee is $0, and it offers free employee cards, purchase protection, and other perks.

4. Bank of America Business Advantage Cash Rewards Mastercard Credit Card

The Bank of America Business Advantage Cash Rewards Mastercard Credit Card is another business credit card with no personal guarantee that offers cashback rewards. It offers 3% cash back on purchases in a category of your choice, 2% cash back on purchases at restaurants, and 1% cash back on all other purchases. It also comes with a $300 statement credit after spending $3,000 on purchases within the first 90 days of account opening. The annual fee is $0, and it offers free employee cards, travel and emergency services, and other benefits.

5. Discover it Business Card

The Discover it Business Card is a unique business credit card that offers cashback rewards and a low APR. It offers 1.5% cash back on all purchases, with no minimum spending requirements or caps. It also comes with a dollar-for-dollar match of all the cash back earned in the first year of account opening. Moreover, it offers a 0% APR on purchases for the first 12 months and a low APR afterward. The annual fee is $0, and it offers free employee cards, purchase protection, and other benefits.

Conclusion

Choosing the right business credit card is crucial for your business's financial health and growth. The above-mentioned business credit cards are the top 5 options with no personal guarantee to apply for today. They offer cashback rewards, welcome bonuses, low APR, and other benefits that can help you save money and grow your business. However, before applying for any of these credit cards, make sure to read the terms and conditions carefully and compare them to other options to make an informed decision.