The Top 5 Business Credit Cards with No Personal Guarantee Requirements

The Top 5 Business Credit Cards with No Personal Guarantee Requirements

When you’re running a business, there are a lot of expenses that need to be taken care of. From office supplies to equipment financing, it can be overwhelming to keep track of everything. One of the most important aspects of managing your business finances is maintaining a good credit score. Business credit cards can be a useful tool for managing your day-to-day finances while also building up your credit score. However, finding a good business credit card can be challenging, especially if you don’t want to provide a personal guarantee. In this article, we will share the top 5 business credit cards that do not require a personal guarantee.

1. The Business Gold Rewards Card from American Express

If you’re looking for a business credit card that offers great rewards and benefits, then the Business Gold Rewards Card from American Express might be the right choice for you. This card comes with a welcome bonus of 70,000 Membership Rewards points after you spend $10,000 on eligible purchases within the first three months of card membership.

The Business Gold Rewards Card also allows you to earn rewards based on categories that your business spends the most on. You’ll earn 4X points on the two select categories where your business spends the most each billing cycle up to $150,000 in combined purchases annually (then 1X points), and 1X points on other purchases.

There’s no personal guarantee required for this card, making it easier for you to keep your business and personal finances separate.

2. The Chase Ink Business Preferred Credit Card

Another great business credit card that does not require a personal guarantee is the Chase Ink Business Preferred Credit Card. This card offers a welcome bonus of 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,250 toward travel when you redeem through Chase Ultimate Rewards.

In addition, you can earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. You can also earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

This card also comes with a number of travel benefits, such as trip cancellation/interruption insurance, baggage delay insurance, and primary rental car insurance.

3. The Capital One Spark Cash for Business Credit Card

If you’re looking for a business credit card with a cashback feature and no personal guarantee, the Capital One Spark Cash for Business Credit Card is an excellent option.

This card offers unlimited 2% cashback on all purchases, which can add up quickly over time. Plus, you can earn a $500 cash bonus when you spend $4,500 in the first three months of account opening.

The Capital One Spark Cash for Business Credit Card also comes with a number of benefits such as purchase protection, extended warranty coverage, and travel accident insurance.

4. The Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card is a great option for businesses that may not have the best credit score, as it is a secured credit card. With this card, you’ll be required to put down a security deposit as collateral, but you’ll also be able to build up your credit score over time.

The secured credit card from Wells Fargo offers a credit line of up to $25,000, and you can also earn rewards as you use the card. You’ll earn 1.5% cashback on every dollar spent, as well as on net purchases made with your card. There’s no personal guarantee required for this card, making it a great option for those who want to keep their personal finances separate.

5. The Amex Blue Business Cash Credit Card

Finally, the Amex Blue Business Cash Credit Card is another business credit card that does not require a personal guarantee. This card offers 2% cashback on all eligible purchases on up to $50,000 per calendar year, then 1%, which can add up quickly if you use the card frequently.

In addition, this card comes with a welcome bonus of $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.

The Amex Blue Business Cash Credit Card also comes with travel accident insurance and extended warranty coverage.

Conclusion

Finding a good business credit card without a personal guarantee can be challenging, but it’s not impossible. By considering the options above, you can find a card that suits your business needs and gives you the rewards and benefits you’re looking for. Remember to always review the terms and conditions of each card before applying to ensure it’s the right fit for you and your business.