Whereas some business credit cards come with preset spending limits that put a cap on how much you can owe at any given time, others offer more flexibility. In fact, a number of charge cards let you make as many purchases as you want throughout the month, although you have to pay your balance in full at the end of each billing cycle. There are also business credit cards with no preset spending limit that let you pay for eligible purchases over time, although rates and terms for these cards vary.

With these details in mind, you may be wondering which business cards will let you cover business spending and bills without worrying about hitting a preset limit each month. There are several business credit cards and charge cards that fall in this category, and the ones we list below are some of the best no-preset-spending-limit business cards to consider.

The Plum Card from American Express: Best for payment flexibility

Why we picked it: The Plum Card® from American Express is unique because it doesn’t have a preset spending limit yet it also offers a 1.5 percent discount on eligible charges when cardholders pay their bill within 10 days of the statement closing date. Business owners also get 60 days to pay their balance without interest when they pay at least the minimum payment on their card by the payment due date.

Pros

  • Get 1.5 percent discount on eligible charges when you pay your bill within 10 days of your statement closing date
  • Enjoy up to 60 days to pay interest-free when you pay at least the minimum amount due
  • No foreign transaction fees
  • Comes with up to 90 days of return protection for items sellers won’t take back (terms apply)

Cons

  • No option to carry long-term debt on this card since it’s a charge card
  • No rewards earnings
  • $250 annual fee applies

Who should apply: The Plum Card from American Express is best for big spenders who want a discount on their bill each month when they pay, as well as those who have every intention of paying their balance in full each month. That said, the payment flexibility this charge card offers also makes it a good option for people who want some flexibility to pay down their balance without interest for up to 60 days (as long as they pay the minimum amount due).

Who should skip: Business owners who want to earn cash back or rewards for travel should skip this card since it offers a 1.5 percent discount on eligible charges instead of rewards.

Capital One Spark Cash Plus: Best for earning cash back

Why we picked it: The Capital One Spark Cash Plus is great for earning cash back since it offers a flat 2 percent cash back on all purchases (with no earning caps or limits) and 5 percent cash back on hotels and rental cars booked through Capital One Travel. Cardholders can also earn a welcome bonus of up to a $3,000 cash bonus: $1,500 once you spend $20,000 in the first 3 months, and an additional $1,500 once you spend $100,000 in the first 6 months.

Pros

  • Generous rewards structure and welcome offer
  • $150 annual fee refunded each year you spend $150,000 or more on purchases
  • No preset spending limit
  • Free employee cards and virtual card numbers

Cons

  • Requires balance to be paid in full each month
  • Very high spending requirement to earn the welcome offer
  • $150 annual fee required unless you spend $150,000 annually

Who should apply: Because the Capital One Spark Cash Plus is a charge card that requires users to pay their balance in full each month, it’s best for business owners with adequate cash flow. This card is also great for big spenders due to its generous rewards rate of 2 percent cash back on all purchases and welcome offer of up to a $3,000 cash bonus ($1,500 once you spend $20,000 in the first 3 months, and an additional $1,500 once you spend $100,000 in the first 6 months).

Who should skip: The Capital One Spark Cash Plus isn’t the best card for people who may want to carry a balance occasionally since it does not offer this option. Frequent travelers may also want to skip it in favor of business credit cards with more travel perks and features.

American Express Business Gold Card: Best for maximizing rewards

Why we picked it: The American Express® Business Gold Card is a stellar option for maximizing rewards since it earns points that fall within the highly flexible American Express Membership Rewards program. Business owners will earn 4X points in the two select categories their business spends the most in each billing cycle (on up to $150,000 in these purchases per year, then 1X points). Categories include airfare purchased from airlines; U.S. purchases for advertising in select media (online, TV and radio); U.S. purchases at gas stations; U.S. purchases made directly from select technology providers of computer hardware, software and cloud solutions; U.S. restaurant purchases; and U.S. shipping purchases.

Business owners can also earn 70,000 Membership Rewards points after spending $10,000 on eligible purchases within the first three months of card membership.

Pros

  • Exceptional rewards rate for eligible business spending
  • Generous welcome offer
  • Earns flexible American Express Membership Rewards points
  • No foreign transaction fees
  • Option to pay over time (variable APR of 19.49 percent to 27.49 percent applies)

Cons

  • $375 annual fee applies
  • Rewards cap in bonus categories
  • General purchases earn just 1X points

Who should apply: The American Express Business Gold Card is best for business owners who spend a lot in the card’s bonus categories each year, as well as those that want to earn American Express Membership Rewards points. After all, Amex points can be used for merchandise, gift cards, travel through American Express Travel or even points transfers to Amex airline and hotel partners.

Who should skip: Skip the American Express Business Gold Card if you don’t spend much in its bonus categories each year or if the rewards you earn won’t be enough to justify the card’s annual fee. After all, you can earn Amex Membership Rewards points with no annual fee with The Blue Business® Plus Credit Card from American Express if you’re willing to have a preset spending limit.

The Business Platinum Card from American Express: Best for luxury travel perks

Why we picked it: The Business Platinum Card® from American Express is great for frequent travelers who want luxury perks and no spending limit to worry about. New cardholders can earn a welcome offer of 120,000 Membership Rewards points after spending $15,000 on eligible purchases within the first three months of card membership.

This card comes with broad airport lounge access; up to a $100 statement credit every four years to cover Global Entry application fees or up to an $85 statement credit every four and a half years to cover TSA PreCheck application fees; up to $200 per year in statement credits for qualifying airline fees with a selected airline; up to a $189 statement credit for Clear membership each year and more.

Pros

  • Generous welcome offer
  • Numerous statement credits
  • Luxury travel benefits like airport lounge access
  • Earns flexible Membership Rewards points
  • Earn 5X points on flights and prepaid hotels booked through American Express Travel
  • Earn 1.5X points on eligible purchases in key business categories and on each purchase of $5,000 or more (on up to $2 million per calendar year)
  • Option to pay over time (variable APR of 19.24 percent to 27.24 percent applies)

Cons

  • High annual fee of $695 applies
  • Statement credit offers can be difficult to use
  • Only earns 1X points on regular purchases

Who should apply: Consider the Business Platinum Card from American Express if you want luxury travel benefits like airport lounge access and you want to earn flexible Amex points that transfer to Amex airline and hotel partners.

Who should skip: Skip this card if you don’t feel your business spends enough or will earn enough in rewards to justify the high annual fee. After all, there are many business cards with lower annual fees or no annual fee, although most have preset spending limits.

The bottom line

If you’re looking for a business credit card with no preset spending limit, you’ll want to focus your search on charge cards and business credit cards from American Express. Cards that fall in this category may let you charge whatever you want with no preset limits at all, or at least get a spending limit that is tailored to the way your company spends on a regular basis.

When you look at cards in this niche, make sure to consider which perks they offer and how their rewards rates might work in your favor. Many cards with no preset spending limit offer a discount on your bill, cash back or flexible points, so you’ll want to think over what you want from your card before you decide.