The 9 Best Corporate Credit Cards For Businesses

Divvy doesn’t just offer a corporate credit card with spending rewards. The company offers a full-on expense management suite that automates a company’s expense reporting while also providing team-by-team budgeting services. What’s more, your business doesn’t even have to be incorporated to qualify — Divvy let us know that it accepts sole proprietors in addition to corporations and LLCs.

The Divvy corporate credit card features a flexible rewards program that adjusts based on how frequently you pay off your balance. Besides rewards, the card has several other benefits, such as virtual cards, a flexible credit line of up to $15 million, and standard security features.

To keep your earned rewards in any month, you must spend at least 30% of your credit line for that month. Now, here’s what you’ll earn for your spending with Divvy:

• Pay your balance weekly and earn 7x points at restaurants, 5x on hotels, 2x on recurring software subscriptions, and 1.5x on everything else
• Pay semi-monthly and earn 4x, 3x, 1.75x, and 1x on those categories, respectively
• Pay monthly and earn 2x, 2x, 1.5x, and 1x on these categories, respectively
• Partner rewards and discounts with AWS, FedEx Office, Gusto, and others
• Spend/expense management and accounting integrations

• No business type restrictions (sole proprietors and other non-corporations are accepted)
• Must typically have $20,000+ in the bank
• Must have good to very good business and personal credit (no personal guarantee required, though)
• Must be US-based
• Revenue and business history requirements vary based on various factors

Ramp offers an excellent corporate credit card with a flat 1.5% cash back rate on all purchases. The ability to earn on every purchase paired with Ramp’s savings management features and accounting integrations makes Ramp a great choice for many small businesses.

Ramp’s most unique benefit is its algorithm-driven savings insights. These insights delve into your company’s spending history and determine areas where you can cut costs and save money. For example, an insight might suggest consolidating duplicate Dropbox subscriptions purchased by different departments within your company. This feature earned Ramp our recommendation as the best corporate card for saving money. It’s a great option for managing and growing small business finances.

Your company will collect 1.5% cash back on all Ramp purchases — a very solid flat cash back rate for a corporate card. While you won’t receive better rewards for select purchase categories, companies with wide-ranging purchase habits benefit from the Ramp corporate card — all for no fees whatsoever. All told, here’s what you’ll get:

• 1.5% cash back on all purchases
• Access Ramp’s partner offers worth over $350,000, including up to $100,000 in AWS credits and $50,000 in Segment Credits
• Automated accounting that integrates with QuickBooks, Xero, and NetSuite
• Specialized algorithm-driven precision spend controls

• Must be a corporation or a non-individual limited liability company (including nonprofits)
• Must have $75,000+ in the bank
• Must be US-registered and have most of your operations and corporate spending within the US

Rho is known for its flexible repayment options and cash-back rewards. If your company needs more than just a corporate card program, Rho offers a full-on commercial banking suite and accounts payable solution. Beyond flexible repayments and competitive cash back rates, Rho also includes unlimited physical and virtual employee cards, custom logos on cards, and card-level controls.

Unfortunately, Rho’s revenue/equity investment requirements are rather stringent, but for qualifying businesses, this corporate credit card has a lot to offer. Plus, all of this comes with virtually no fees!

Rho’s corporate card is notable for its flexible credit terms — you can choose to make daily payments or opt for repayment terms of 30, 45, or 60 days. The repayment length you select will determine your flat cash back rate.

• Earn 1.75% cash back on all purchases when you make daily repayments
• Earn 1.5% cash back with a 30-day repayment term
• Earn 1% cash back with a 45-day repayment term
• Earn no cash back with a 60-day repayment term
• Access up to $600,000+ in partner perks and discounts
• Automated bill pay that auto-syncs with your accounting software

• Your company must be US-based
• Must be a corporation/LLC — no sole proprietors or unincorporated businesses
• Must have more than $1 million in revenue or $1 million in equity capital raised

Brex’s pioneering corporate card program offers astounding rewards rates for your business spending. When you pair those great rewards rates with well-developed expense management features, Brex makes a great choice for larger businesses or businesses that are growing quickly and meet Brex’s steep eligibility requirements.

The Brex corporate card offers a great rewards program, advanced spend management and expense tracking, automated invoicing, and more — all without personal liability, a credit check, or account fees.

If you make Brex your exclusive corporate card and elect to make automatic daily repayments, you’ll earn the following for your spending:

• Brex’s standard rewards program offers 8x points on rideshare purchases, 5x points on Brex Travel purchases, 4x on restaurants, 3x on eligible Apple purchases through the Brex Rewards portal, 1.5x on ads, and 1x on everything else
• Tech companies can replace the 1.5x points on ad spending with 3x points on recurring software purchases
• Life sciences companies can replace the 8x points on rideshares with 8x points on life science conference ticket spending and can replace the 1.5x points on ad spending with 2x points on lab supply purchases
• To earn points at these rates, you must make Brex your exclusive corporate card and make automatic daily repayments
• Access over $150,000 in partner rewards, including up to $100K in credits via AWS Activate and 25% off Slack for 12 months
• In-depth expense tracking through the Brex UI
• Rewards can be redeemed for statement credit or used to book travel arrangements through Brex’s portal

Brex cards with daily repayments require you to meet at least one of the following criteria:

• Received an equity investment of any amount (accelerator, angel, or VC) or plan to in the near future
• More than $1 million a year in revenue
• More than 50 employees
• Tech startups that are on a path to meeting the criteria above, and are referred by an existing customer or partner

To qualify for monthly repayments, the requirements are even tougher.

• Startups that are part of an accelerator program and which qualify for daily repayments also qualify for monthly repayments
• Startups that have received venture funding qualify for both daily and monthly repayments
• Startups that have received $100,000+ in angel funding and plan to raise capital from an accelerator or VC in the future qualify for both daily and monthly repayments
• Startups need at least $50,000 in the bank to qualify for monthly repayments, or “potentially even lower if you’re referred by certain partners”
• Mid-market and enterprise businesses will need $400K+ in monthly revenue to qualify for monthly repayments

Amex currently issues three corporate credit cards as part of its corporate card program, which also features expense management tools and employee spending limits.

While Amex’s eligibility requirements are a bit more stringent than others on this list, we like that Amex offers a corporate program for startups. This program features a dynamic spending capacity of up to 10% of your business’s bank account, streamlined expense reports, and premium cards with perks such as airport lounge access and rewards in the form of points or cash back.

Here’s a quick overview of Amex’s corporate cards, along with each card’s annual fees and some featured benefits.

• Corporate Platinum Card: $550 annual fee, trip delay insurance, Hilton Honors Gold Status, and $200 airline fee credit
• Corporate Gold Card: $250 annual fee, Hilton Honors Silver Status, and $100 airline fee credit
• Corporate Green Card: $75 annual fee and Hilton Honors Silver Status

You can mix and match these cards to fit your employees’ travel and spending habits. These cards also come with rewards programs, with both points and cash back options available. The exact rewards scheme you get will be tailored to fit your company’s unique needs.

Please note that while Amex’s corporate cards have similar names to the company’s small business credit cards, they are not the same thing.

• Must be a corporation/LLC/LLP
• Must earn at least $4 million/year in revenue
• Your annual corporate card spending must be less than or equal to 10% of your annual revenue

While we have a full review of Bank of America’s business banking options, its corporate card program is slightly different. Bank of America has multiple corporate and commercial card programs on its website, but the only card it mentions by name is the Bank of America Executive Explorer card.

The Executive Explorer card offers some very generous travel benefits. If travel is an important aspect of your business, this corporate card option might be a great choice for your business. We just wish the company was more open regarding further details of its corporate card (or cards). If you’re curious about Bank of America’s corporate card options, we recommend contacting the company directly.

Note that Bank of America’s corporate card program is separate from its stable of business credit cards. Check out Bank of America’s business credit card lineup if you have a small business and are looking for a business credit card.

For an annual fee of $375, the Executive Explorer card offers some hefty travel benefits:

• Annual $600 Lounge Access statement credit, good at Admirals Club, Alaska Lounge, Delta Sky Club, United Club, and/or LoungeKey airport lounges
• $100 Airport Fast Track statement credit every four years that can be used with TSA PreCheck, Global Entry, Nexus, and/or Registered Traveller
• Complimentary access to Benefits on Us with 2x Dinova points

Here’s a quick glance at what else you can get from Bank of America on the corporate card side of things:

• Mobile Wallet: Bank of America corporate cards can be added to mobile wallets and work with Apple Pay, Google Pay, and Samsung Pay.
• Global Card Access: Accounts can be managed via mobile and desktop. Management features include activating a new card, checking a balance, and viewing a PIN.
• Virtual Cards: Travel managers can spin up one-time virtual cards to efficiently manage travel bookings.
• Contactless Payments: Employees can make payments more quickly and safely via their card’s contactless features.
• Benefits: Cardholders will gain access to various features, including those offered by the corporate dining network Dinova, which operates at over 18,000 restaurants.

Sadly, BofA hasn’t published any eligibility information regarding its corporate card programs, so you’ll have to contact BofA for more details.

Capital One’s One card is a corporate card option with solid rewards and accounts payable features. Unfortunately, Capital One isn’t very forthcoming about eligibility requirements for this card.

The One card offers some nice corporate-level rewards and benefits. The accounts payable and expense management features also make it easy for small businesses to manage their spending.

If you’re more in the market for a small business banking solution, read our Capital One Spark review.

Capital One’s One Card program allows your company to manage expenses in real time and set up automatic payments that trigger every evening.

• Save 1% to 4% on more than 30,000 qualifying businesses
• Redeem points for statement credit, gift cards, and travel bookings
• Redeem on-demand or set up automatic redemption
• Virtual Card Relay gives you a digital accounts payable solution and lets you simplify vendor payments via virtual cards

Capital One doesn’t disclose whether the One Card carries an annual fee.

Capital One doesn’t disclose eligibility requirements for the One Card, so you’ll have to ask the company for more information.

While we wish J.P. Morgan was more transparent about its corporate card offerings, the company boasts a good amount of variety in its corporate card programs while also offering single-use virtual card accounts for those needing unique parameters for every purchase.

J.P. Morgan doesn’t have a single program for corporate cards. Instead, the company provides several corporate card programs for different types of organizations and purposes:

• J.P. Morgan Corporate Card: Targeted toward business travelers, this card program aims to help “simplify business travel and entertainment spending” for companies using it for purchases. Its highlights include “user-friendly” tracking and reporting software for your company’s transaction data.
• J.P. Morgan Purchasing Card: Tooled for managing business-to-business purchases, this card program allows your company to monitor spending before and after the fact. You’ll also be able to receive data analysis to aid your payment strategy.
• J.P. Morgan One Card: Intended to aid businesses that want a single card program for every expense, this card is best used for an array of purchases, including business-to-business, travel, and entertainment. It also promises to make management and reporting easier and offers purchase rewards.

Note that those interested in the company’s Chase Ink Business Credit Card lineup will need to forgo getting a corporate card — Chase Ink only offers regular business credit cards.

Rewards rates for J.P. Morgan corporate cards depend on which of the three cards you choose. Unfortunately, the company doesn’t disclose exact reward rates.

J.P. Morgan doesn’t publish eligibility requirements for its corporate cards, so you’ll have to contact the company to ask about them if you’re interested.

Expensify’s corporate card works with its automated expense management platform and offers a very high cash back rate to businesses with high spending needs.

With Expensify, companies that spend over $250K/month will enjoy some of the highest cash back earnings available anywhere, along with a robust spend management platform. Expensify’s benefits get less compelling the less you spend, however.

While rewards rates may be lower than other corporate credit card options for companies that spend less than $250K/month, Expensify’s other features may make this option the right choice for businesses that want to manage their corporate card alongside their expenses and invoicing.

Expensify’s rewards are especially worthwhile for businesses with high spending levels.

• Spend $250,000+/month across all Expensify Cards companywide in your first three months and earn 4% cash back on all purchases for those three months and 2% cash back thereafter
• Spend between $25,000/month and $250K/month in your first three months and earn 2% cash back for those three months and 1% cash back thereafter
• Spend under $25K/month for three months, and you won’t get any cash back

The Expensify platform offers a wide range of expense management, invoicing, bill payment, and travel features. Pricing ranges from free to $9/user/month, with more features offered with the pricier plans. Discounts are available, but you’ll be paying even more if your company’s spending on the Expensify Card doesn’t total at least 50% of your company’s total spending.

Regarding eligibility for its corporate card program, all Expensify discloses is that you need to “have a US business bank account added to your Expensify account to reimburse employees.”