Best Business Credit Cards

What's the best way to use a business credit card?
A business credit card can obviously be used both as a transaction vehicle (i.e. to make purchases, track spending, etc.) and to fund a small business. However, thanks to a credit card law that became effective in February 2010, a personal credit card is actually the best credit card for small business spending that will lead to an end-of-month balance. In addition to supplementing the consumer credit card bill of rights, this law made it illegal for credit card companies to apply increased interest rates to existing balances held on personal credit cards unless you are at least 60 days delinquent. This makes business credit cards, which were excluded from the law’s protections, riskier to use for this purpose since the interest rate can change at any point in time. As a result, we recommend that the best business credit cards within this section should only be used for purchases that will be paid for in full by the end of the month.

Do business credit cards with no personal liability exist?
No. A small business credit card with no personal guarantee is merely a myth. Unless your company is large, a credit card company will hold both you and your business liable for credit card misuse no matter what kind of card you're using. Therefore, even the best small business credit card will not protect you personally, and you will be required to provide your Social Security Number (SSN) when applying for any of the products listed on this page.