The 2 Best No Annual Fee Business Credit Cards

Filed Under: American Express, Chase
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Having some credit cards with annual fees can be a great idea for the perks and return on spend that they offer (heck, I have 17 credit cards, and most of them have annual fees). However, it’s also nice to have some no annual fee credit cards that can add value to your card portfolio long term without costing you cash.

We’ve seen improvements with credit card products across the board lately, and that includes business credit cards. In this post I wanted to share what I consider to be the two best no annual fee business credit cards:

2x points on all purchases (up to $50,000 per year)

The Blue Business® Plus Credit Card from American Express was just introduced recently, and offers 2x Membership Rewards points on the first $50,000 spent each calendar year. In terms of my valuation of points, this is the card with the highest return on non-bonused spend. I value Membership Rewards points at ~1.7 cents each, so to me that’s like a return of ~3.4%.

That’s incredible, especially given that this is a no annual fee card (Rates & Fees). Furthermore, this card earns “real” Membership Rewards points that can be converted to Amex’s hotel and airline partners. The only other no annual fee Amex card that I know of that offers full Membership Rewards points is The Amex EveryDay® Credit Card from American Express.

Anecdotally the Amex Blue Business Plus Card is also super easy to be approved for, even for new businesses.

Up to 5x points on select purchases

The Ink Business Cash℠ Credit Card is a no annual fee card that offers 50,000 points after spending $3,000 within three months, which is a solid bonus for a no annual fee card. On top of that, the card offers 5x points on the first $25,000 spent per anniversary on combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services. Furthermore, the card offers 2x points on the first $25,000 spent per anniversary on combined purchases at restaurants and gas stations.

Those are some huge bonus categories, especially for a no annual fee card. On the surface this is a cash back card, meaning that each point actually gets you a cent cash. However, in conjunction with a card that earns Ultimate Rewards points, like the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, those points can be converted into Ultimate Rewards points at a 1:1 ratio.

So earning 5x Ultimate Rewards points with a no annual fee card in select categories is a return that’s tough to beat.

Do note that the Ink Business Cash Card is subjected to Chase’s 5/24 rule, so you typically won’t be approved for this card if you’ve opened more than five accounts in the past 24 months.

Bottom line

I have both the Amex Blue Business Plus Card and Ink Business Cash Card, and find them both to be incredibly valuable. Earning 2x points on all purchases, plus earning 5x points in select categories, is a great combination for two no annual fee business cards.

Do you have any no annual fee business cards that you like as much as the above two?

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: The Blue Business® Plus Credit Card from American Express (Rates & Fees).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
  1. I agree with Joe. I really hope you can recommend some good credit cards to open soon. Please do a thorough post about it.

  2. The Blue Business Plus Amex is a solid card. Interested to know if the Ink Business Cash is subject to 5/24?

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