The Easiest Instant Approval Business Credit Cards To Get In 2023

With a unique underwriting scheme, Brex’s corporate card doesn’t require a personal guarantee, making it perfect for startups needing a credit card quickly — and one of the easiest business credit cards to get for startups, particularly those backed by venture capital. Plus, Brex offers instant card numbers so that your business will be able to start using virtual cards immediately upon approval.

However, Brex’s laser focus on startups with exponential growth potential and high cash-on-hand requirements means regular small businesses won’t qualify.

Brex’s pioneering corporate charge card features a rewards package aimed at fast-moving startups with perks such as bonus points for ridesharing and savings on business-oriented services like Slack and Amazon Web Services. What’s more, you won’t undergo a credit check when applying, and there is no personal guarantee requirement.

• Earn 8x points on rideshares, 5x points on Brex Travel, 4x on restaurants, 3x on software, and 1x on everything else when you make daily repayments (1x less in each category with monthly repayments)
• Exclusive signup offers worth $180,000+ from QuickBooks, UPS, AWS, and other Brex partners

Brex is only open to C-corp, S-corp, LLC, & LLP companies and startups, and to be eligible to earn rewards at the highest rates, you must make Brex your exclusive corporate card and sign up for automatic daily repayments. As for other requirements, they differ depending on whether you’re applying for a card with daily repayments vs monthly repayments.

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 who 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 steeper.

• 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”

A mid-market company or enterprise will need $400K+ in monthly revenue to qualify for monthly repayments.

If you have no business or personal credit history — or if you don’t want to touch your personal credit for a business credit card — check out Ramp.

While the Ramp corporate card does have stiff cash-on-hand requirements, Ramp won’t check your personal credit and does not require a personal guarantee. That means Ramp is ideal if your business has strong financials but you have little or no credit history. However, you’ll have to pay off your card in full every 30 days — your payment will be automatically debited from your business bank account.

Just remember that Ramp is a corporate card. If you’re wondering “What is a corporate card?“, click the link for an explainer, then go check out the best corporate credit cards.

The Ramp corporate charge card carries some nice rewards — if you qualify, that is.

• 1.5% cash back on your business’s total spend
• “Pricing intelligence” that helps you reduce spending (Ramp claims you’ll save an average of 27% on SaaS contracts)
• Access $350,000+ in partner rewards with Amazon Web Services, Xero, Stripe, and many other services
• Automated accounts payable tool

Though you won’t have to pass a credit check, Ramp does have some stiff cash-on-hand requirements.

• At least $75K in the bank
• Must be a corporation or other non-individual limited liability company
• Must be US-based
• Must have most of your operations and corporate spend in the US

Applicants without a Social Security Number (SSN) can still be approved for the Ramp card. In lieu of an SSN, you can instead provide a copy of your foreign passport and documentation to prove your address.

Perhaps the most appealing product in Chase’s popular line of Ink Business credit cards, the Chase Ink Business Preferred offers great value including and beyond the spending rewards scheme. Chase lets you transfer your points on a 1:1 basis to an array of airline and hotel loyalty programs. If you need something other than travel rewards, you’ll also be able to redeem points for Amazon purchases, gift cards, and cash back, making this an extremely versatile card. Do note, however, the Ink Business Preferred’s $95 annual fee.

The Ink Business Preferred is an excellent business credit card from a rewards perspective.

• Earn 3X points on your first $150K/year in spending on travel, shipping, online advertising, and internet/cable/phone purchases (1X points on all other purchases)
• Points are worth 25% more when redeemed for travel through Chase’s travel portal
• Earn 100,000 bonus points after you spend $8,000 within your first 3 months, redeemable for $1,000 in cash back or $1,250 when redeemed through Chase’s travel portal

Chase doesn’t publish a minimum credit score to qualify for its Ink Business cards, but by all accounts, you’ll need good to excellent personal credit in order to qualify.

The Blue Business Plus from American Express is a great easy approval business credit card for those looking for a year-long 0% intro APR. Furthermore, Amex is one of the few card issuers that will, in many cases, issue you an instant card number after you get approved. According to Amex, after you apply, you can get a decision in as little as 30 seconds.

With Blue Business Plus, your points can be used to book travel via Amex Travel, make online purchases, buy gift cards, and more. On top of those travel perks and a 12-month 0% intro rate, this card lacks an annual fee, making it ideal for businesses that won’t be charging more than $50K/year on their card.

Here’s what you’ll get with the Amex Blue Business Plus card.

• 0% intro APR for 12 months
• Earn 2x points on your first $50K/year in spending on business purchases (1x points on spending above $50K/year)
• Spend above your credit limit with Expanded Buying Power

Amex doesn’t publish a minimum credit score for this card, but you will generally need good to excellent credit in order to qualify.

The Capital One Spark 2% Cash Plus card has steep eligibility requirements, but for business owners who qualify, this card’s rewards scheme is second to none.

With unlimited 2% cash back, a generous welcome offer, and the ability to get your annual fee waived when you spend over $150K/year on the card, the Spark Cash 2% Plus is a business credit card that truly rewards business spending. What’s more, the 5% cash back you’ll earn on travel booked through Capital One’s travel portal makes this card very attractive for businesses with significant travel needs.

Just keep in mind that this is a charge card — you must pay off the card entirely each month.

The Capital One Spark Cash Plus card’s cash-back program is truly exceptional:

• Unlimited 2% cash back on all purchases
• Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
• Earn a $1,200 cash bonus when you spend $30,000 in your first 3 months
• Get your $150 annual fee waived when you spend $150,000+/year

One of this card’s main drawbacks is that you’ll need excellent credit in order to qualify.

The Capital One Spark 1.5X Miles Select will earn your business valuable miles right off the bat. You can transfer your miles to one of 15+ Capital One travel partners, and you won’t need to think about balancing your travel rewards against the annual fee, as there is no annual fee. This makes the Spark Miles Select a great travel card for businesses with a more modest level of business spending.

Check out our summary of the best business credit cards for travel if you want to do some comparison shopping before settling on a good travel card.

Like Capital One’s other “excellent credit” business credit card on this list, the Spark 1.5X Miles Select offers some tantalizing perks for qualifying applicants.

• Unlimited 1.5x miles on all purchases
• Unlimited 5x miles on hotels and rental cars booked through Capital One Travel
• Earn 50,000 bonus miles after you spend $4,500 in the first 3 months
• 0% intro APR for 9 months

You must have excellent credit in order to qualify for the Spark 1.5X Miles Select business credit card.

Designed for business owners with fair credit, the Capital One Spark Classic card’s APR is relatively high and the rewards program is quite modest. However, the card’s true value lies in its ability to build your credit. Capital One will report your credit activity to the big three credit bureaus (not all issuers of business credit cards do this), which means that with every monthly payment you make on time, you improve your credit score.

The Capital One Spark 1% Classic is a very solid business credit card that offers fast approval to business owners with at least fair (or average) credit. As such, its rewards scheme is quite simple: you’ll earn 1% cash back on all your purchases.

Capital One specifically markets the Spark Classic card to users with fair credit. This card is a worthy option for business owners with a lackluster or young credit history, as making your payments on time will help build your credit and increase your odds of qualifying for a better business credit card in the future.

The OpenSky Secured Visa’s draw is that with no credit score requirements and a deposit of only $200 required, it may be the easiest credit card you can possibly get to fund your business and build your credit. The OpenSky Secured Visa not only doesn’t check your credit when you apply — it doesn’t even require you to have a bank account, making it, in our opinion, the best secured fast approval credit card you can use for business.

However, the card’s $35 annual fee and lack of rewards mean that you should apply for a better business credit card once your credit score is higher.

The OpenSky Secured Visa card does not offer rewards for your spending.

• No credit score requirements
• Requires a security deposit from $200 to $3,000 that establishes the amount of your credit line