Are business card annual fees tax deductible?

Assuming the credit card is only used for business expenses, it is possible to deduct the full annual fee from your business income.

Business Credit Cards

Business credit cards usually come in two categories: low interest cards and rewards cards. If you’re using your card to finance your business, then look for a low interest card. If you don’t plan to carry a balance, then choose a card that earns rewards on your typical business purchases.

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Business credit cards FAQ

Can I use a consumer credit card for my business expenses?

Yes, you can use a personal credit card for business expenses. In some situations, it may even be more beneficial to use a consumer credit card for your business spending.

Who can apply for a small business credit card?

You don’t need a formal business structure or existing business credit history. You will need to provide information about your business, and may need an EIN number if your company meets the criteria.

Can using a business credit card affect my personal score?

Yes, applying for and using a business credit card can potentially impact your personal credit score.It depends on the card and how you handle it.

Business credit card basics

Guides

Read our business credit card reviews

U.S. Bank Business Triple Cash Rewards: A Triple-Threat Cash Back Card

5.0

NerdWallet rating

The U.S. Bank Business Triple Cash Rewards card offers business-friendly bonus categories, a long intro APR period and a generous sign-up bonus.

Capital One Spark Cash Plus: Easy-to-Manage Cash Back

4.2

NerdWallet rating

Capital One Spark Cash Plus offers 2% cash back on all purchases, but you can’t carry a balance.

Chase Ink Business Unlimited Review: Simple, No-Frills Cash Back

5.0

NerdWallet rating

This card earns a flat 1.5% back on everything, with no categories to keep track of and an unusually generous sign-up bonus for its class.

AmEx Blue Business Plus Review: Outstanding Rewards, No Annual Fee

4.9

NerdWallet rating

Earn double points on purchases up to an annual cap, snag a generous intro APR offer and gain some credit limit flexibility.

Amazon Business Prime AmEx Review: High Rewards or 0% Period

4.4

NerdWallet rating

Choose between a top rewards rate on Amazon-related purchases or a temporary interest-free window on them. But you must be an Amazon Prime or Business Prime member to get the card.

AmEx Blue Business Cash Review: Straightforward Rewards, No Annual Fee

5.0

NerdWallet rating

The card offers an easy-to-understand flat rate on everything you buy, and it even does the redemption work for you.

Chase Ink Cash Review: A Cash-Back Contender for Small Businesses

5.0

NerdWallet rating

Earn 5% cash back on office supplies and telecom services and 2% at restaurants and gas stations, up to a limit. This card also dangles a big sign-up bonus.

American Express Business Platinum Review: Worth the Fee for Heavy Travelers

5.0

NerdWallet rating

Business owners earn 5X points on eligible travel spending, and enjoy a sweet suite of perks that will ease and enhance business trips. The catch? A jumbo annual fee.