7 Greatest Enterprise Credit score Playing cards With out Private Assure for 2023

Editor’s notice: This can be a recurring publish with recurrently up to date card particulars.

Most enterprise bank card issuers require a private assure, which makes you personally chargeable for your corporation’s money owed in case it fails. Should you don’t wish to take this threat, you possibly can go for a enterprise card that doesn’t require a private assure. A longtime small enterprise with substantial annual revenues can normally qualify for enterprise bank cards with no private assure. Your choices embody cost playing cards, retailer playing cards, pay as you go playing cards, and debit playing cards.

Listed here are the seven greatest enterprise playing cards with no private assure:

To see how these playing cards stack up towards others that we have now reviewed on our web site, merely click on Add to Evaluate on the cardboard under and choose as much as two extra playing cards for comparability.

SVB Innovators Card: Greatest General Enterprise Card With No Private Assure

Those that don’t want a private assure

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on SVB Innovators Card’s safe web site.

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• Limitless 2x factors per greenback on each buy, with no caps or spending class restrictions

Execs

• Doesn’t cost annual and overseas transaction charges
• No private legal responsibility is required

Cons

• Doesn’t supply 0% introductory APR
• Requires glorious credit score
• Must pay the steadiness in full every month
• Doesn’t have sign-up bonus

• No private legal responsibility: You don’t should be personally chargeable for your corporation’s bank card money owed as a result of this enterprise cost card doesn’t require a private assure, that means that SVB received’t go after your private property in case you fail to repay your steadiness.
• Journey and expense (T&E): It can save you time with T&E instruments like in-app receipt seize and real-time updates for seamless reporting.
• Expense app integration: You possibly can combine your accounting with Xero, QuickBooks, Intacct, and NetSuite.

• Limitless 2x factors per greenback on each buy, with no caps or spending class restrictions

Execs

• Doesn’t cost annual and overseas transaction charges
• No private legal responsibility is required

Cons

• Doesn’t supply 0% introductory APR
• Requires glorious credit score
• Must pay the steadiness in full every month
• Doesn’t have sign-up bonus

• No private legal responsibility: You don’t should be personally chargeable for your corporation’s bank card money owed as a result of this enterprise cost card doesn’t require a private assure, that means that SVB received’t go after your private property in case you fail to repay your steadiness.
• Journey and expense (T&E): It can save you time with T&E instruments like in-app receipt seize and real-time updates for seamless reporting.
• Expense app integration: You possibly can combine your accounting with Xero, QuickBooks, Intacct, and NetSuite.

Why we prefer it: The SVB Innovators Card is our selection for the very best total enterprise bank card with no private assure due to its simplicity. It’s provided by Silicon Valley Financial institution and is designed for startup enterprise house owners who pays their balances in full every month, want versatile credit score traces, and wish to earn easy rewards.

It’s one in all our main enterprise playing cards for startups. You’ll earn 2x factors on each greenback spent on all purchases, no matter spending classes, with no caps or limits on how a lot you possibly can earn.

Because it’s a cost card, it doesn’t include curiosity as a result of your full steadiness is due each month; in any other case, you’ll be charged a big late fee payment of both $32 or 2.5% of the steadiness, whichever is bigger. Nonetheless, it has no annual payment, and you may add as many worker playing cards as you want free of charge. Additional, because it’s a Mastercard, you need to use it wherever Mastercard is accepted.

Different options and advantages:

• Enterprise instruments integration: You possibly can sync your transactions robotically with well-liked digital fee apps for monitoring and controlling bills and managing buy transactions.
• A number of fee choices: You possibly can activate numerous fee varieties—together with bodily playing cards, contactless options, and ghost playing cards—for higher monitoring and accountability.
• On-line banking companies: On-line banking permits you to entry all of your SVB accounts and get real-time visibility into your organization’s monetary transactions.

Bento for Enterprise Visa® Debit Card: Greatest for Enterprise Homeowners With Truthful or Poor Credit score

Why we prefer it: The Bento for Enterprise Visa® Debit Card is accessible to all enterprise house owners with out measurement and income necessities as a result of it isn’t a bank card. Because it’s a debit card, it doesn’t cost any curiosity and doesn’t require a credit score test. Much like the Emburse Spend card, enterprise house owners with honest or poor credit score are eligible to use, making it one in all our top-recommended enterprise playing cards for honest credit score.

You possibly can reap the benefits of limitless home transactions with out having to pay setup charges, debit charges, decline charges, or overdraft charges. You too can request a card for every of your staff. It affords a 60-day free trial interval, you then’ll be charged a month-to-month payment that ranges from $29 to $149, relying on the variety of worker playing cards you want. Plus, you need to use it wherever that accepts Visa playing cards.

The Bento debit card has two variations, and each could be added to Apple Pay or Google Pay pockets for contactless funds:

1. Spend restrict card: Supreme for on a regular basis purchases and good for managing all enterprise spending in a single place
2. Fastened-value card: Greatest for one-time funds, per diems, or recurring vendor funds

Different options and advantages:

• Management: You possibly can set the day by day spend restrict and limit service provider class and worldwide transactions on every worker card. You can also make adjustments to those controls on-line or on the cell app.
• Safety: You possibly can freeze a card simply if it will get misplaced or stolen.
• Expense reporting: Bento affords synthetic intelligence (AI)-based receipt seize and environment friendly reporting instruments, and you may export knowledge into QuickBooks or every other accounting platform.

Shell Small Enterprise Gas Card: Greatest for Small Companies With Fleet Automobiles

Shell Small Enterprise Card

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on Shell Small Enterprise Card’s safe web site.

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Common APR

charges not disclosed—name (855) 398-9165 for the charges

• Earn rebates of as much as 5 cents per gallon

Execs

• Zero card charges
• Reductions at Jiffy Lube areas

Cons

• Companies have to earn no less than $1 million yearly to qualify
• Whole financial savings capped at $300 per billing cycle

• On-line and cell account administration
• Cancel stolen or misplaced playing cards in actual time on-line
• 24/7 customer support out there
• Fee flexibility―revolve your steadiness or pay in full every billing cycle

Common APR

charges not disclosed—name (855) 398-9165 for the charges

• Earn rebates of as much as 5 cents per gallon

Execs

• Zero card charges
• Reductions at Jiffy Lube areas

Cons

• Companies have to earn no less than $1 million yearly to qualify
• Whole financial savings capped at $300 per billing cycle

• On-line and cell account administration
• Cancel stolen or misplaced playing cards in actual time on-line
• 24/7 customer support out there
• Fee flexibility―revolve your steadiness or pay in full every billing cycle

Why we prefer it: The Shell Small Enterprise Gas Card is accepted at greater than 14,000 Shell stations throughout the nation. You should use it to earn rebates of as much as 5 cents per gallon at Shell and revel in reductions at taking part Jiffy Lube stations. Being one in all our greatest enterprise gas playing cards, it’s a super choice if your corporation has fleets otherwise you’re on the highway continuously.

It comes with no setup, month-to-month, or annual charges, and you’ve got the power to hold a steadiness every month with curiosity. It has a devoted US-based customer support group, which is obtainable 24/7. Furthermore, you possibly can entry your account wherever, anytime with on-line and cell instruments.

Different options and advantages:

• Unique to Shell: The Shell Small Enterprise Gas Card isn’t affiliated with both Visa or Mastercard. It might solely be used at Shell stations.
• Detailed studies: It affords on-line account administration, which permits entry to detailed studies, reminiscent of knowledge analytics and all points of your corporation’s fueling exercise.
• Management: You possibly can set limits on what and the way a lot could be bought per worker card. Moreover, you possibly can activate, droop, and terminate playing cards via on-line and cell instruments.

Sam’s Membership® Enterprise Mastercard®: Greatest for Small Companies With Recurring Large-box Retailer Purchases

Sam’s Membership® Enterprise Mastercard®

5% again on gasoline at US gasoline stations and Sam’s Membership and Walmart gas stations

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on Sam’s Membership® Enterprise Mastercard®’s safe web site.

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Common APR

17.90% or 25.90%

Annual Price

$0 apart from annual Sam’s Membership Plus membership payment of $100

• Earn 5% again on gasoline at United States gasoline stations and Sam’s Membership and Walmart gas stations, 3% on all Sam’s Membership purchases, 3% again at eating places, and 1% on all different eligible purchases

Execs

• No annual payment
• No overseas transaction charges
• Can be utilized wherever Mastercard is accepted

Cons

• Companies should present no less than $5 million in annual gross sales income, be operational for no less than two years, and have greater than 10 staff to keep away from private assure
• No sign-up bonus
• Must be a Sam’s Membership Plus member to use

• 600 Sam’s Membership areas within the US and Puerto Rico
• Single-card comfort as Mastercard® doubles as your Sam’s Membership membership card

Common APR

17.90% or 25.90%

Annual Price

$0 apart from annual Sam’s Membership Plus membership payment of $100

• Earn 5% again on gasoline at United States gasoline stations and Sam’s Membership and Walmart gas stations, 3% on all Sam’s Membership purchases, 3% again at eating places, and 1% on all different eligible purchases

Execs

• No annual payment
• No overseas transaction charges
• Can be utilized wherever Mastercard is accepted

Cons

• Companies should present no less than $5 million in annual gross sales income, be operational for no less than two years, and have greater than 10 staff to keep away from private assure
• No sign-up bonus
• Must be a Sam’s Membership Plus member to use

• 600 Sam’s Membership areas within the US and Puerto Rico
• Single-card comfort as Mastercard® doubles as your Sam’s Membership membership card

Why we prefer it: The Sam’s Membership® Enterprise Mastercard® affords substantial rewards in the event you make frequent big-box retailer purchases. You possibly can earn 5% money again in your first $6,000 spent at Sam’s Membership® and Walmart gasoline stations per 12 months, then 1% thereafter. You too can earn 3% money again on eligible purchases at eating places.

Sam’s Membership® Plus members can earn 3% money again on purchases at Sam’s Membership® areas or samsclub.com. Should you aren’t a Plus member, you possibly can earn 1% on all different purchases, together with these at Sam’s Membership®. It’s price noting you could solely earn as much as $5,000 money again per 12 months.

As a welcome bonus, you’ll obtain a $30 assertion credit score if you open a brand new account and make $30 in Sam’s Membership purchases inside 30 days. Since it is a Mastercard®, you need to use it wherever Mastercard® is accepted to earn rewards. Should you get a Plus membership for $110 a 12 months, you possibly can take pleasure in more money rewards, free delivery, and free curbside pickup.

Different options and advantages:

• No month-to-month or annual payment: Apart from the annual Plus membership payment, this card comes with no month-to-month or annual payment.
• On-line purchasing: Even in the event you don’t dwell close to one in all 600 Sam’s Membership® areas within the US and Puerto Rico, you should buy hundreds of things from the web site; supply is free for Sam’s Membership® Plus members.

Workplace Depot® OfficeMax® Enterprise Credit score Card: Greatest for Companies With Recurring Workplace Provide & Furnishings Purchases

Workplace Depot OfficeMax Enterprise Credit score Card

Workplace provides at Workplace Depot and OfficeMax

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on Workplace Depot OfficeMax Enterprise Credit score Card’s safe web site.

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Common APR

20.80% to 29.99%

• Obtain $50 as an announcement credit score in your first buy of $150
• Versatile funds or select pay in full
• Unique affords plus sneak previews and particular financial savings

Execs

• No annual payment
• Welcome bonus
• Out there to candidates with honest credit score

Cons

• Excessive ongoing APR
• Must be enrolled within the Rewards Program to get cashback rewards
• Can solely be used at Workplace Depot and OfficeMax shops

• Workplace Depot® OfficeMax® Rewards Program. A free program the place energetic members can rise up to 2% cashback in rewards in your go-to provides, furnishings, gear, and extra. 
• Itemized billing statements. Workplace Depot supplies related data that may assist enterprise house owners do correct price range allocation and forecasting of bills when utilizing their bank cards.
• A number of playing cards per account. The Workplace Depot® OfficeMax® Enterprise Credit score Card affords quite a few playing cards inside the identical assertion, thus growing the variety of approved individuals who can use the identical efficiency at a given time.

Common APR

20.80% to 29.99%

• Obtain $50 as an announcement credit score in your first buy of $150
• Versatile funds or select pay in full
• Unique affords plus sneak previews and particular financial savings

Execs

• No annual payment
• Welcome bonus
• Out there to candidates with honest credit score

Cons

• Excessive ongoing APR
• Must be enrolled within the Rewards Program to get cashback rewards
• Can solely be used at Workplace Depot and OfficeMax shops

• Workplace Depot® OfficeMax® Rewards Program. A free program the place energetic members can rise up to 2% cashback in rewards in your go-to provides, furnishings, gear, and extra. 
• Itemized billing statements. Workplace Depot supplies related data that may assist enterprise house owners do correct price range allocation and forecasting of bills when utilizing their bank cards.
• A number of playing cards per account. The Workplace Depot® OfficeMax® Enterprise Credit score Card affords quite a few playing cards inside the identical assertion, thus growing the variety of approved individuals who can use the identical efficiency at a given time.

Why we prefer it: The Workplace Depot® OfficeMax® Enterprise Credit score Card is a no-annual-fee card that may solely be used at Workplace Depot® and OfficeMax® areas and its on-line retailer. It is a wonderful choice for small companies making recurring purchases of workplace provides and furnishings and workplace know-how, breakroom, and cleansing provides.

You possibly can reap the benefits of the Workplace Depot® unique affords, sneak previews, and particular financial savings. While you hyperlink your Workplace Depot® rewards membership to your bank card account, you’ll earn rewards robotically each time you utilize your card.

Different options and advantages:

• Signal-up bonus: You possibly can earn a $50 assertion credit score in your first buy of $150 or extra made inside 60 days from opening an account.
• Carry a steadiness: You’ve got the choice to hold a steadiness, which is topic to an ongoing annual proportion fee (APR), with a minimal curiosity of $2.

Charity Cost Nonprofit Enterprise Card: Greatest for Nonprofit Organizations

Charity Cost Nonprofit Enterprise Card

Receiving unique vendor reductions

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On Charity Cost’s Safe Web site

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Common APR

N/A – steadiness is due in full by the fee due date

Credit score Wanted

Good – Wonderful

• As much as 4% rebate on lodge bookings and eating
• As much as 1% rebate on gas
• 5% rebate on Duns % Bradstreet
• 5% cashback on Microsoft promoting
• 10% rebate on Snapchat promoting
• 20% off with Dropbox

Execs

• No annual payment
• Computerized rebates
• Mastercard advantages

Cons

• Steadiness is due in full every month
• Strict eligibility necessities

• Vendor reductions: You’ll obtain unique reductions at greater than 200 nationwide distributors via Buying Level. These embody reductions on companies at companies reminiscent of FedEx and Enterprise Hire-A-Automobile. Yow will discover all out there distributors on the Buying Level’s vendor web page.
• No private assure: This card requires no private assure, which implies it doesn’t require a private credit score test. Plus, you aren’t personally chargeable for the corporate’s debt obligations.
• Prolonged guarantee safety: Doubles the present producer’s guarantee as much as $10,000 per incident and $50,000 per cardholder per 12 months.
• Buy assurance: Replaces new purchases which can be broken or stolen inside 90 days of buy. Protection is restricted to $10,000 per incident and $50,000 per cardholder per 12 months.

Common APR

N/A – steadiness is due in full by the fee due date

Credit score Wanted

Good – Wonderful

• As much as 4% rebate on lodge bookings and eating
• As much as 1% rebate on gas
• 5% rebate on Duns % Bradstreet
• 5% cashback on Microsoft promoting
• 10% rebate on Snapchat promoting
• 20% off with Dropbox

Execs

• No annual payment
• Computerized rebates
• Mastercard advantages

Cons

• Steadiness is due in full every month
• Strict eligibility necessities

• Vendor reductions: You’ll obtain unique reductions at greater than 200 nationwide distributors via Buying Level. These embody reductions on companies at companies reminiscent of FedEx and Enterprise Hire-A-Automobile. Yow will discover all out there distributors on the Buying Level’s vendor web page.
• No private assure: This card requires no private assure, which implies it doesn’t require a private credit score test. Plus, you aren’t personally chargeable for the corporate’s debt obligations.
• Prolonged guarantee safety: Doubles the present producer’s guarantee as much as $10,000 per incident and $50,000 per cardholder per 12 months.
• Buy assurance: Replaces new purchases which can be broken or stolen inside 90 days of buy. Protection is restricted to $10,000 per incident and $50,000 per cardholder per 12 months.

Why we prefer it: The Charity Cost Nonprofit Enterprise Card is a no-annual-fee enterprise cost card designed for nonprofits. It made our listing of the very best bank cards for nonprofits as a result of it affords unique reductions at greater than 200 nationwide distributors via Charity Cost’s partnership with CHAMPs. You possibly can take pleasure in as much as 20% reductions in your on a regular basis bills, reminiscent of workplace provides, transportation, and wi-fi, with no enrollment charges and minimal buy necessities.

It’s a Mastercard, so you need to use it wherever that accepts Mastercard. Moreover, you’ll earn automated rebates from Mastercard. Your rebates will probably be utilized to your account robotically if you use your card to pay for eligible purchases at any taking part service provider. Observe that since this card is a cost card, you must pay your steadiness in full every month otherwise you’ll be charged with a late fee payment of two.5% of the quantity overdue.

Different options and advantages:

• Free worker playing cards: Nonprofits can order as many worker playing cards as they want free of charge.
• Management: On-line account administration permits you to set card limits for every worker and pause or cancel the cardboard.

Emburse Spend Card: Greatest Pay as you go Card With Fastened-rate Rewards

Why we prefer it: Emburse Spend card is a pay as you go enterprise card that gives limitless 1% money again on all purchases. It doesn’t require a private assure and has no annual or month-to-month charges. Due to its simple approval course of with no private credit score test, it’s one in all our excellent enterprise playing cards for adverse credit.

It’s vital to notice that since it is a pay as you go card, it’s essential load the cardboard earlier than you need to use it. The utmost load restrict is $100,000, however you possibly can request a rise, topic to approval. Remember that you can’t use the cardboard to withdraw from the ATMs. Additionally, whereas it affords ongoing rewards, there’s no sign-up bonus.

Different options and advantages:

• Expense administration system: With its streamlined software program, you possibly can monitor your transactions in actual time, observe your bills, categorize distributors, approve or reject transactions, and stop coverage violations.
• Accounting integration: The system integrates with NetSuite, Intacct, QuickBooks On-line, and Xero.

How We Chosen the Greatest Enterprise Credit score Playing cards With No Private Assure

To find out the very best enterprise bank cards with no private assure, we checked out charges, ease of utility, and any rewards or advantages. We additionally thought-about the flexibility of the place the cardboard may very well be used.

Often Requested Questions (FAQs)

Why do enterprise bank card firms require private ensures?

Bank card issuers are shielded from the danger of unpaid debt by private ensures. A private assure transfers that threat to the enterprise proprietor straight, which is why almost all enterprise bank cards require a private assure.

Lenders and bank card issuers want assurance that somebody will probably be liable to pay the enterprise debt even when the enterprise fails. If your corporation defaults on funds, a private assure signifies that the issuer can try to gather the debt straight from you.

How can I restrict my private threat?

As a enterprise proprietor, you possibly can restrict your private threat through the use of a no-personal-guarantee bank card if your corporation meets the scale and income necessities. You even have the choice to make use of a enterprise cost card or enterprise debit or pay as you go card if you wish to keep away from a private assure. These playing cards are a lot much less prone to have restrictions on who qualifies for the cardboard.

What are the opposite methods to restrict my legal responsibility?

Listed here are a number of suggestions a small enterprise proprietor can observe to cut back publicity to unpaid debt and private legal responsibility:

• Make funds on time: Making immediate funds may be very essential to keep away from unfavorable reporting in your private credit score. For cost playing cards the place funds are withdrawn out of your account robotically when the invoice is due, guarantee you will have sufficient funds to cowl the steadiness.
• Spend responsibly: Overspending will increase the likelihood that you simply’ll be unable to make your funds in full or on time. See to it you solely cost bills you could afford to pay again straight away.
• Handle worker spending: Most enterprise bank cards supply on-line account administration instruments that you need to use to use spending controls and limits on worker playing cards. Restrict the variety of playing cards to solely vital customers, and overview worker card utilization always.

Backside Line

Enterprise bank cards with no private assure are the fitting choice in the event you don’t need the issuer to go after your private property in case you’re unable to pay your money owed. Nonetheless, it’s attainable that your corporation property will probably be seized in the event you fail to make funds in your card. As with every bank card, it’s vital to make use of the cardboard responsibly and consistent with your price range.

Should you’d prefer to see different playing cards, take a look at our information to the very best small enterprise bank cards.