Business Credit Cards

Top 5 Business Credit Cards with No Personal Guarantee

When you start a business, it can be difficult to obtain funding without putting up some form of collateral. This is where business credit cards come in handy. Unlike traditional loans, business credit cards offer a line of credit that can be used for various business expenses. However, many business credit cards require a personal guarantee, which means the business owner is responsible for paying back the debt if the business is unable to do so. Fortunately, there are some credit cards that do not require a personal guarantee. Here are the top 5 business credit cards with no personal guarantee:

1. American Express Blue Business Plus

The American Express Blue Business Plus card is a great option for small business owners who want to earn rewards without having to worry about a personal guarantee. This card offers 2X points on all purchases up to $50,000 per year, and 1X points after that. There is no annual fee for this card, and it also offers a 0% introductory APR for the first 12 months.

2. Chase Ink Business Cash

The Chase Ink Business Cash card is another great option for small business owners. This card offers 5% cash back on office supplies, internet, cable, and phone services up to $25,000 per year. It also offers 2% cash back on gas and dining up to $25,000 per year, and 1% cash back on all other purchases. There is no annual fee for this card, and it also offers a 0% introductory APR for the first 12 months.

3. Capital One Spark Cash for Business

The Capital One Spark Cash for Business card is a great option for businesses that want a simple rewards program. This card offers unlimited 2% cash back on all purchases, with no limits or categories to worry about. There is a $95 annual fee for this card, but it is waived for the first year.

4. Bank of America Business Advantage Cash Rewards

The Bank of America Business Advantage Cash Rewards card is a great option for businesses that want to earn cash back on their purchases. This card offers 3% cash back on office supply stores and gas stations, 2% cash back on restaurants, and 1% cash back on all other purchases. There is no annual fee for this card, and it also offers a 0% introductory APR for the first 9 billing cycles.

5. Discover it Business

The Discover it Business card is a great option for businesses that want to earn cash back and have a 0% introductory APR. This card offers 1.5% cash back on all purchases, and the cash back is doubled at the end of the first year. There is no annual fee for this card, and it also offers a 0% introductory APR for the first 12 months.

Conclusion

When it comes to choosing a business credit card with no personal guarantee, there are many options available. Whether you want to earn rewards, cash back, or have a 0% introductory APR, there is a card that will meet your needs. By doing your research and choosing the right card, you can help your business grow without having to put up any personal collateral.