Best 0% intro APR business credit cards

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Picking up a business credit card can make practical sense whether you have a small business with several employees or you’re a solopreneur. Not only do many of the top business credit cards make it easy to earn rewards on all your business-related spending, but you can also gain access to consumer protections and cardholder perks you can’t really get elsewhere.

Some business credit cards also extend introductory zero percent APRs for purchases, balance transfers or both for a limited time, which can help you save considerable sums of money on interest. If you need to consolidate high interest debt from other cards or you want to avoid interest on new purchases for up to a year, consider these excellent business card options.

Here are Bankrate’s top picks for business credit cards with 0% intro APR in 2020:

Best 0% intro APR business credit cards

Chase Ink Business Unlimited℠ Credit Card

  • Earn $500 in bonus cash when you spend $3,000 on your card within three months of account opening
  • Earn an unlimited 1.5% back on everything you buy
  • Introductory 0% APR on purchases for 12 months, followed by a variable APR of 14.74% – 20.74%
  • No annual fee

Why it’s one of the best 0% intro APR business credit cards

The Chase Ink Business Unlimited gives cardholders the chance to avoid interest on purchases for 12 months with a zero percent APR, followed by a variable APR of 14.74 to 20.74 percent. With that in mind, this card is an excellent option if you need to make a large purchase or investment for your business and pay it down over time.

Considering you can also earn a $500 bonus when you spend $3,000 on your card within three months of account opening and 1.5 percent cash back for everything you buy, you could also use this card to rack up considerable rewards on your business spending. Also note that this card comes with no annual fee and you can get cards for all your employees at no additional cost. Finally, you’ll qualify for cardholder benefits including purchase protection against damage or theft, extended warranties, travel and emergency assistance services and primary auto rental coverage when you rent a car for business purposes.

Capital One® Spark® Cash Select for Business

  • Earn a $200 cash bonus when you spend $3,000 on your card within three months of account opening
  • Earn 1.5% cash back on all purchases
  • Introductory 0% APR on purchases for 9 months, followed by a variable APR of 14.49% – 22.49%
  • No annual fee

Why it’s one of the best 0% intro APR business credit cards

The Capital One® Spark® Cash Select for Business is another card that offers an exceptional combination of rewards and zero interest for a limited time. Once you sign up, you’ll benefit from zero percent APR on purchases for a full 9 months, and you’ll also earn a generous initial bonus and a flat 1.5 percent back on everything you buy. That makes this card a smart option to consider if you want to make a large purchase and earn considerable rewards then pay it down slowly over the course of a few months.

This card also comes with no annual fee and no foreign transaction fees. Employee cards are also free and you’ll qualify for consumer protections like secondary auto rental coverage, travel assistance and roadside assistance.

Best 0% intro APR business credit cards for balance transfers

American Express® Blue Business Cash Card

  • Earn 2% back on your first $50,000 in purchases each year, then 1% back
  • Introductory 0% APR on purchases and balance transfers for 12 months, followed by a variable APR of 14.24% – 20.24%
  • No annual fee

Why it’s one of the best 0% intro APR business credit cards for balance transfers

The American Express® Blue Business Cash Card is unique among zero percent intro APR credit cards for small businesses based on the fact you’ll pay zero interest on purchases and balance transfers for your first 12 months as a cardholder. With that in mind, this card provides an excellent opportunity for anyone who has high interest debt on other business credit cards that they want to consolidate. Transferring other balances to this card does require you to pay a 3 percent balance transfer fee (minimum $5), but you can save considerable sums of cash since you’ll avoid all interest payments for the first year.

Since you also earn 2 percent back on the first $50,000 you spend on your card per calendar year (then 1 percent), you can also earn a generous amount of rewards over time. There’s no annual fee, and you’ll qualify for important consumer protections including secondary auto rental coverage, extended warranties, purchase protection against damage or theft and more.

The Blue Business® Plus Credit Card from American Express

  • Earn 2x Membership Rewards points on up to $50,000 spent each year, then 1x points
  • Introductory 0% APR on purchases and balance transfers for 12 months, followed by a variable APR of 14.24% – 20.24%
  • No annual fee

Why it’s one of the best 0% intro APR business credit cards for balance transfers

Also consider the Blue Business® Plus Credit Card from American Express if you hope to avoid interest on purchases and balance transfers for a limited time. This card offers the same intro zero percent APR on purchases and balance transfers for 12 months, followed by a variable APR of 14.24 to 20.24 percent as the American Express® Blue Business Cash Card. However, instead of cash back, this card lets you earn 2x Membership Rewards points on the first $50,000 you spend each year (then 1x points).

This card comes with no annual fee and you won’t pay a fee for employee cards, either. You’ll also get benefits like secondary auto rental coverage and dispute resolution as a cardholder.

How to choose the best 0% intro APR business credit card

Picking up a business credit card with an introductory zero percent APR is a smart move if you want to save money on interest for a limited time, but the number of available cards in this niche can feel overwhelming. The following tips can help you wind up with the best credit card for your business and credit needs.

Consider your goals

While some business credit cards only extend an introductory APR to purchases, others offer this benefit on both purchases and balance transfers for a limited time. You’ll definitely want a card that offers a zero percent APR on balance transfers if you have high interest debt to consolidate, so make sure to check for this option. If you only want an introductory APR for new purchases, on the other hand, you’ll find more card options available from different issuers.

Compare rewards programs

Also make sure you understand the rewards programs of business cards you’re considering. Some, including the American Express® Blue Business Cash Card, automatically credit your rewards on your account each month, whereas others let you rack up points you can use in more than one way. Make sure any card you’re considering offers rewards you want and will be able to use.

Understand the ongoing APR

Finally, remember that your card’s introductory APR won’t be forever. In general, zero interest credit cards only offer this benefit for a limited time, at which point the interest rate will revert to the regular variable rate. If you don’t pay off your balance before your introductory APR offer ends, you’ll be stuck paying off your debt at a much higher APR. This may not spell disaster for your finances, and especially not over a short timeline, but you should still know and understand how much interest you’ll be expected to pay.

Frequently asked questions about 0% intro APR business credit cards

How do I avoid interest on a 0% APR credit card?

To avoid paying interest on your credit card, make sure to pay your balance in full before the introductory APR period ends. This advice works whether your card comes with a zero percent APR on purchases, balance transfers or both, provided you pay the qualifying balance off in its entirety before your time is up.

What is a balance transfer fee?

A balance transfer fee is an upfront fee charged to transfer a balance to another credit card. This fee is typically in the 3 to 5 percent range, or $300 to $500 for every $10,000 in balances you transfer over.

What do I need to qualify for a business credit card?

To qualify for a business credit card, you’ll need a small business or a side hustle that brings in an income. You can apply with an Employer Identification Number (EIN) if you have one, or as a sole proprietor using your Social Security number.

Are credit card rewards considered taxable income for my business?

Credit card rewards are considered a rebate by the Internal Revenue Service (IRS), so you will not have to pay income taxes on rewards you earn. This is the case for rewards you earn with a personal rewards credit card or a business credit card you use for business purchases only.