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Having a no annual fee business credit card in 2021 can be one of the best ways to earn business rewards, increase your business credit score, and use the benefits, all without worrying about an annual fee. Plus, being able to keep your business and personal expenses separate can save you time and money when it comes time for taxes. Additionally, Chase business credit cards are geared towards business purchases and therefore often offer rewards for them. So here’s a list of the best business credit cards with no annual fees for 2021.

Use the best no annual fee business credit cards to help you maximize your spending. Old meets new in downtown Boise (Credit: Visit Boise)

Best No Annual Fee Business Credit Cards 2021

For instance, you may be able to earn more rewards for purchases like office supplies, advertising costs, and even for telephone and internet services. The best business credit cards that earn rewards without having to pay an annual fee can be a winning proposition. No annual fee business credit cards let you earn bonus points on your business purchases that can be redeemed for cash or travel rewards.

Things to Consider Before Applying for No Annual Fee Business Credit Cards

Before you apply for a business credit card, you have a few factors to consider:

  • What are the bonus categories?
  • What are your point redemption options?
  • Is there a sign-up/welcome bonus?

Though you might only be considering no annual fee business credit cards, there are many differences.

These differences go on beyond the business credit card design and the issuing bank. Taking a few extra minutes to compare your business needs to the credit card benefits can help you make the best decision.

If you’re not ready to pay an annual fee yet, consider these business credit cards first.

Ink Business Cash Credit Card – Best No Annual Fee Business Card

Pros: Earns Chase Ultimate Rewards and up to 5% on business purchases on the first $25,000 spent at office supply stores and on internet, cable, and phone services in combined purchases each account anniversary year

Welcome Bonus: $750 cash back after spending $7500 in the first 3 months of account opening

The Ink Business Cash® Credit Card lets you earn 5% back each account anniversary year on the first $25,000 in combined spending on the following business purchases:

  • Office Supply Stores
  • Internet, Phone and Cable Services

You will also earn 2% back each account anniversary year on the first $25,000 in combined spending at:

  • Gas Stations
  • Restaurants

If you max out the $25,000 earnings cap for the year, you will earn 1% on all remaining purchases for that bonus category. You will always earn 1% back on all non-bonus category purchases.

Another added perk is primary rental car collision damage waiver protection.

Even though the Ink Business Cash is labeled as a cash rewards card, you can redeem your Ultimate Rewards points for travel and gift cards too for one cent each (10,000 points=$100). If you also own other Chase credit cards that earn Ultimate Rewards points, you can pool your issues with the Chase Trifecta.

Additionally, cardholders may redeem rewards for cash back, gift cards, travel, and more through the Chase Ultimate Rewards portal. Fraud protection is also included with the card as well as zero fraud liability. Cardholders won’t be held responsible for unauthorized charges made with their card or with their account information.

Having a Chase business credit card with no annual fees can help build a relationship with Chase.

The Blue Business Plus Credit Card from American Express

Pros: Earns 2X Membership Rewards® points on everyday business purchases on the first $50,000 spent each calendar year; after spending $50,000, earn 1 point per dollar for the remainder of the year.

If you want a no annual fee (See Rates & Fees) American Express business credit card with no annual fees that earns travel rewards, The Blue Business® Plus Credit Card from American Express can be the best option. It earns 2x Membership Rewards® points per $1 spent annually on everyday business purchases (up to $50,000 in purchases per year, then 1x point per $1) that you can transfer on a 1:1 basis to frequent flyer account like Delta, British Airways Avios (American Airlines), JetBlue, Emirates, and Etihad.

Additionally, you will have more flexibility to spend on this card thanks to Expanded Buying Power. With Expanded Buying Power, you can use your card beyond its credit limit. The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors.

New The Blue Business Plus Credit Card from American Express cardholders can earn 15,000 Membership Rewards® points after spending $3,000 in eligible purchases on the Card within their first 3 months of Card Membership.

The goal is to give you more buying power and the ability to earn more points. Your most valuable rewards with the Blue Business Plus are transferring your points to a travel partner or other award travel rewards.

U.S. Bank Business Triple Cash Rewards World Elite Mastercard

Pros: Triple rewards on eligible purchases, annual $100 statement credit for recurring software subscription services

A business card that earns rewards at places where businesses make plenty of purchases, the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® is a no annual fee card that earns triple cash back (See Rates & Fees).

Cardholders can earn 3% cash back on select eligible purchases at:

  • Gas stations
  • Office supply stores
  • Cell phone service providers
  • Restaurants

Cardholders earn 1% cash back on all other eligible net purchases.

New U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® cardholders can earn $500 in cash back after spending $4,500 on the Account Owner’s card in the first 150 days of account opening.

Additionally, cardholders can enjoy an annual $100 statement credit for recurring software subscription expenses. Such expenses include FreshBooks or QuickBooks.

There are no limits on how much total cash back can be earned. Additionally, rewards won’t expire. Learn more about this business credit card with no annual fees in our U.S. Bank Business Triple Cash Rewards World Elite Mastercard review.

American Express Blue Business Cash Card

Pros: Earn 2% cash back on the first $50,000 spent on eligible purchases annually

If you prefer one of the best American Express business cards without an annual fee (See Rates & Fees) that earns cash back, the American Express Blue Business Cash™ Card may be your answer. This card earns 2% cash back on all eligible purchases, up to $50,000 per calendar year. After that, you’ll earn 1% cash back. All of the cash back you earn is credited to your statement automatically.

Additionally, it comes with Expanded Buying Power which gives cardholders the ability to spend beyond their credit limit. You can spend beyond your credit limit to make those large purchases while still earning rewards. Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express and other factors.

New American Express Blue Business Cash™ Card cardholders can earn a $250 statement credit after making $3,000 in purchases on their Card in the first 3 months.

The American Express Blue Business Cash Card is a great option for people who want simplicity. If you don’t want to worry about activating spending categories or figuring out whether or not your purchase will earn a certain amount of rewards, this is the card for you. And it doesn’t have an annual fee, making life even easier.

Capital One Spark Cash Select for Business

The information for the Capital One Spark Cash Select for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Pros: Earns 1.5% cash back on all purchases

Welcome Bonus: $200 cash bonus after spending $3,000 in the first 3 months

Here are two Capital One options in our list of the best business credit cards with no annual fees. For a simple, flat-rate cash back credit card, you can consider the Capital One Spark Cash Select for Business. You will earn 1.5% cash back on every purchase.

Another unique feature of this card is that you won’t pay a foreign transaction fee. Most no annual fee business credit cards still charge a foreign transaction fee that may erase any potential rewards you earn.

To make your bookkeeping easier, you will also receive a quarterly and annual spending report. All spending activity can be imported directly to QuickBooks, Quicken, and Excel.

Capital One Spark Miles Select for Business

The information for the Capital One Spark Miles Select for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Pros: Earns 1.5 miles per $1 on all purchases

Welcome Bonus: 20,000 bonus miles (equal to $200 in travel) after spending $3,000 in the first 3 months

The Capital One Spark Miles Select for Business is the business card version of the Capital One Venture Rewards Credit Card.

You will earn unlimited 1.5 miles per $1 spent for every purchase category. Plus, you can earn plus 5x miles on hotel and rental car bookings through Capital One Travel. Your miles can be redeemed as a statement credit for travel purchases or you can redeem them through the Capital One travel portal for award flights, hotels, and vacation packages.

Your miles don’t expire and when there are no minimum redemption requirements, blackout dates, or seat restrictions. In other words, Capital One might not let you transfer your miles directly to a travel partner, but you will still have your choice of award travel. All miles are worth 1 cent each, regardless of which type of award travel you book.

In addition to no annual fee, there is no foreign transaction fee either. If you make a lot of international purchases, either Capital One card can be a good option because they waive the foreign transaction fee.

Summary

Any of these best business credit cards with no annual fees will maximize your business spending and let you keep the entire reward because you won’t pay an annual fee. As you can redeem your rewards points for cash or travel, these business cards might not offer as many benefits as a best small business credit card with travel rewards, but you will still be rewarded with every purchase.

Polaris Business seats (Credit: United Airlines)

What of the Best Business Credit Cards Should I Put Advertising Spending On?

In continuation with our list of business credit cards with no annual fees, we wanted to mention cards to put advertising spending on. Almost every business has an advertising budget. Just like you care about the cost-per-click and the number of impressions for your advertising campaigns, you might be overlooking this return on investment factor, credit card rewards points. You don’t advertise on just any platform, so why wouldn’t you use the best business credit cards to put advertising spending?

If you currently only earn 1 point per $1 spent on advertising, these small business credit cards with no annual fees are a must for your business.

Capital One Spark Miles for Business

The information for the Capital One Spark Cash for Business and the Capital One Spark Miles for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

One final recommendation is if you prefer a flat rewards card that earns the same number of points on every dollar spent regardless of what you buy. If that’s the case, the Capital One Spark Miles for Business earns an unlimited 2 miles per $1 on every purchase, everywhere. You’ll also get up to $100 credit towards one Global Entry or TSA PreCheck application fee.

You can choose between the Capital One Spark Miles for Business or Capital One Spark Cash for Business for $95 per year, although the annual fee is waived the first year. The Spark Miles is the business card version of the Capital One Venture Rewards Credit Card where you always earn 2x miles per $1 and each mile is worth 1 cent each. They can be redeemed for award travel through Capital One or as a travel statement credit.

If you’re okay with only earning 1.5 miles per $1, the Capital One Spark Miles Select for Business and Capital One Spark Cash Select for Business don’t charge an annual fee. While these four options aren’t as flexible as the Ink Business Preferred Credit Card, you might benefit more from the straightforward reward if your business and advertising spending don’t exactly benefit from a tiered rewards program.

Ink Business Unlimited Credit Card

The Ink Business Unlimited® Credit Card is a Chase card that has no annual fee and earns unlimited 1.5% cash back on every purchase made for your business.

Cardholders earn rewards for cash back, gift cards, travel, and more through Chase Ultimate Rewards®. Plus, earn rewards faster with employee cards at no additional cost. Employers can set individual spending limits for greater control.

New Ink Business Unlimited Credit Card cardholders can earn $750 bonus cash back after spending $7,500 on purchases in the first 3 months from account opening.

Bonus: Chase Ink Business Preferred Credit Card – 100,000 Points

The Ink Business Preferred® Credit Card earns 3x Ultimate Rewards points on your social media and search engine advertising. In fact, you will also earn 3x points in combined spending on the following purchase types:

  • Search engine and social media advertising
  • Shipping
  • Travel
  • Internet, cable, and phone services

After you reach $150,000 in annual spending, your remaining purchases continue to earn 1 point per $1.

You will always earn 1 point per $1 on all non-bonus spending.

However, the Ink Business Preferred Credit Card costs $95 a year. You can redeem your rewards points for cash statement credits, gift cards, Amazon.com shopping rewards, or award travel.

Redeeming your points for award travel with the Chase Ultimate Rewards travel portal is the most valuable option as your points are worth 1.25 cents each that make 10,000 points worth $125; your Chase points are only worth 1 cent each with the other redemption options making the same 10,000 points only worth $100.

What’s even more valuable than the 25% travel redemption bonus is transferring your Ultimate Rewards points directly to your favorite airline or hotel loyalty program on a 1:1 basis. Your points can be worth at least 2 cents each, making 10,000 points worth $200 or more.

If you travel on a routine basis, you might find more value in the 1:1 point transfer option if you book travel with:

  • Southwest Airlines
  • United
  • Hyatt
  • Marriott
  • IHG

These are only five of the many Chase Ultimate Rewards travel partners and you can transfer to all of them in 1,000 point increments.

If you max out the $150,000 annual limit, you can earn 450,000 Chase Ultimate Rewards points.

These points are worth at least $5,625 in award travel through the Chase Ultimate Rewards portal.

Earn a Bonus From Your Advertising Spending

As a new Ink Business Preferred® Credit Card cardmember, you also have the opportunity to earn the most valuable Chase Ultimate Rewards sign-up bonus by earning 100,000 bonus points when you spend $15,000 in the first 3 months. This bonus is worth $1,250 in award travel in addition to the regular purchase rewards you earn.

Pool Your Personal Credit Card Rewards to Achieve Award Travel Sooner

If you also own a personal Chase credit card that earns Ultimate Rewards points, you can combine your Ultimate Rewards points together to book your next award ticket sooner. You can also transfer your points on a 1:1 basis too as only the Ink Business Preferred and Sapphire cards have this option.

Additional Cell Phone Protection Benefits Too

In addition to the 3x purchase rewards on your cell phone service, you can also get automatic cell phone protection from Chase. If a company cell phone is damaged or stolen, Chase will reimburse up to $600 in costs after you pay a $100 deductible. This benefit can be used three times in a 12-month period to cover multiple employees if necessary.

Related: Ink Business Preferred Business Credit Card

Summary of Best Business Credit Cards for Ad Spending

These three best business card options will help you earn more on your advertising spending than you currently do. Picking the right credit card helps you know you make every business purchase count towards growing your brand while making every dollar count.

Use your business cards to keep your business purchases seperate. Enjoy lovely pastries like these from Landman Gardens and Bakery. Photo by Johnny Jet

Recap of The Best Business Credit Cards With No Annual Fee

A business credit card that earns rewards without having to pay an annual fee can be a winning proposition. No annual fee business credit cards let you earn bonus points on your business purchases that can be redeemed for cash or travel rewards. If you’re not ready to pay an annual fee yet, consider these business credit cards first.

Ink Business Cash Credit Card

Pros: Earns Chase Ultimate Rewards and up to 5% on business purchases

Welcome Bonus: $750 cash back after spending $7500 in the first 3 months

The Ink Business Cash® Credit Card lets you earn 5% back each account anniversary year on the first $25,000 in combined spending on the following business purchases:

  • Office Supply Stores
  • Internet, Phone and Cable Services

You will also earn 2% back each account anniversary year on the first $25,000 in combined spending at:

  • Gas Stations
  • Restaurants

If you max out the $25,000 earnings cap for the year, you will earn 1% on all remaining purchases for that bonus category and you will always earn 1% back on all non-bonus category purchases.

The Blue Business Plus Cash Card from American Express

Pros: Earns 2x Membership Rewards on the first $50,000 each calendar year

If you want a no annual fee business credit card for travel rewards, The Blue Business® Plus Credit Card from American Express earns up to 2x Membership Rewards on business purchases, up to $50,000 annually (then 1 point per $1) that you can transfer on a 1:1 basis to frequent flyer account like Delta, British Airways Avios (American Airlines), JetBlue, Emirates, and Etihad.

The Blue Business Plus probably has the most flexible purchase rewards policy of any business credit card.

The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors.

New The Blue Business® Plus Credit Card from American Express cardholders can earn 15,000 Membership Rewards® points after spending $3,000 in eligible purchases on the Card within their first 3 months of Card Membership.

Capital One Spark Cash Select for Business

The information for the Capital One Spark Cash Select for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Pros: Earns 1.5% cash back on all purchases

Welcome Bonus: $200 cash bonus after spending $3,000 in the first 3 months

For a simple, flat-rate cash back credit card, you can consider the Capital One Spark Cash Select for Business. You will earn 1.5% cash back on every purchase.

Another unique feature of this card is that you won’t pay a foreign transaction fee.

Capital One Spark Miles Select for Business

The information for the Capital One Spark Miles Select for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Pros: Earns 1.5 miles per $1 on all purchases

Welcome Bonus: 20,000 bonus miles ($200) after spending $3,000 in the first 3 months

The Capital One Spark Miles Select for Business is the business card version of the Capital One Venture Rewards Credit Card.

You will earn unlimited 1.5 miles per $1 spent for every purchase category. Your miles can be redeemed as a statement credit for travel purchases. Or, you can redeem them through the Capital One travel portal for award flights, hotels, and vacation packages.

Your miles don’t expire. Plus there are no minimum redemption requirements, blackout dates, or seat restrictions. All miles are worth 1 cent each, regardless of which type of award travel you book.

In addition to no annual fee, there is no foreign transaction fee either. If you make a lot of international purchases, either Capital One card can be a good option because they waive the foreign transaction fee.

Summary

In conclusion, the best business credit cards with no annual fees can help maximize your business spending. Plus, they let you keep the entire reward because you won’t pay an annual fee. As you can redeem your rewards points for cash or travel, these business cards might not offer as many benefits as a business credit card with more travel rewards, but you will still be rewarded with every purchase.

For rates and fees of the American Express Blue Business Cash Card, please click here.

For rates and fees of The Blue Business® Plus Credit Card from American Express, please click here.

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1 Comment On "Best No Annual Fee Business Credit Cards 2021"
  1. Farah|

    Thank you so much for sharing this article. I am really happy after reading your article because my brother was asking me about getting a new credit card but the problem was the annual fees. As the benefits were increasing the annual fees were getting higher. So, now i am gonna share this article with my brother so that he can check and can get the best card.

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