Business Credit Cards

Top 5 Business Credit Cards with No Personal Guarantee Requirements

If you're a business owner looking for a credit card, you may have heard of the term "personal guarantee." This means that the card issuer will require you to sign a document agreeing to be personally responsible for the credit card debt if your business is unable to pay it back. However, there are some business credit cards that don't require a personal guarantee. In this article, we'll take a look at the top 5 business credit cards with no personal guarantee requirements.

1. Capital One Spark Cash for Business

The Capital One Spark Cash for Business card offers unlimited 2% cash back on every purchase, with no minimum redemption amount. There's no annual fee for the first year, and then it's $95 per year after that. This card also offers a sign-up bonus of $500 cash back when you spend $4,500 within the first 3 months of opening the account. Best of all, there's no personal guarantee required for this card.

2. American Express Business Gold Card

The American Express Business Gold Card offers a generous rewards program, with 4x points on the 2 select categories where your business spent the most each month, and 1x points on all other purchases. There's a $295 annual fee for this card, but it's waived for the first year. This card also offers a sign-up bonus of up to 70,000 Membership Rewards points when you spend $10,000 within the first 3 months of opening the account. And like the Capital One Spark Cash for Business card, there's no personal guarantee required.

3. Brex Corporate Card for Startups

The Brex Corporate Card for Startups is designed specifically for startup businesses. It offers a rewards program with 7x points on rideshare, 4x on travel, 3x on restaurants, 2x on software subscriptions, and 1x on all other purchases. There's no annual fee for this card, and no personal guarantee is required. Plus, the application process is quick and easy, with no credit check required.

4. Chase Ink Business Preferred Credit Card

The Chase Ink Business Preferred Credit Card offers a rewards program with 3x points on the first $150,000 spent on travel and select business categories each account anniversary year, and 1x points on all other purchases. There's a $95 annual fee for this card, but it's waived for the first year. This card also offers a sign-up bonus of 100,000 Ultimate Rewards points when you spend $15,000 within the first 3 months of opening the account. And best of all, there's no personal guarantee required for this card.

5. Discover it Business Card

The Discover it Business Card offers a rewards program with 1.5% cash back on all purchases, with no limits or categories to keep track of. There's no annual fee for this card, and no personal guarantee is required. Plus, this card offers a unique feature called "Cashback Match," where Discover will match all the cash back you've earned at the end of your first year as a cardholder.

Conclusion

When it comes to choosing a business credit card, it's important to consider all the options available to you. These top 5 business credit cards with no personal guarantee requirements offer generous rewards programs, sign-up bonuses, and no personal liability for your business's debt. Choose the one that best fits your business's needs and start earning rewards today.