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Business Credit Cards

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🌮 Restaurant
⛽️ Gas
🧾 Bills
🚗 Transport
🖥 Electronics
Total
$4,800.00
42 results
Business Platinum Card® from American Express

$2,831.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $851.00 taking into account annual fees.}

Annual Fee$799
Interest rate on purchasesN/A**
Cash AdvanceN/A**
Balance TransferN/A
Card CategoriesReward
Card User TypesBusiness
Recommended Credit ScoreVery good
Rewards1.25 points on everything for every $1 in card purchases.
Insurances
🦷 Travel accident🏥 Medical emergency❌ Trip cancellation⚡️ Trip interruption⏱ Flight delay💨 Hotel or motel burglary📆 Extended warranty🛍 Purchase protection🚗 Auto rental coverage📵 Mobile device insurance
Legal Note*American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.

** Interest rate of 30% applies to each delinquent Due in Full charge. The Preferred rate of 20.99% applies to your Flexible Payment Option balance. If you have 2 separate Missed Payments in a 12 month period, the Flexible Payment Option rate for your account will be 25.99%. If you have 3 or more separate Missed Payments in a 12 month period, the Flexible Payment Option rate will be 29.99%. These rates are effective from the day the Flexible Payment Option is first available on your account.
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Earn up to 120,000 bonus Membership Rewards® points. That’s up to $1,200 in statement credit that can be reinvested in your business.Amex Bank of Canada logo
American Express® Aeroplan®* Business Reserve Card

$2,701.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $2,601.00 taking into account annual fees.}

Annual Fee$599
Additional Card$199
Interest rate on purchases19.99%
Cash Advance21.99%
Balance TransferN/A
Card CategoriesReward
Card User TypesBusiness
Recommended Credit ScoreVery good
RewardsEarn 3 Aeroplan points for every $1 spent on eligible Air Canada and Air Canada Vacations purchases
Earn 2 Aeroplan points for every $1 spent on eligible hotels and car rentals
Earn 1.25 Aeroplan point for every $1 spent on everything else.
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Earn up to 95,000 Welcome Bonus Aeroplan®* points. Conditions apply.Amex Bank of Canada logo
American Express Business Edgeᵀᴹ Card

$1,911.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $741.00 taking into account annual fees.}

Annual Fee$99
Interest rate on purchases20.99 %
Cash Advance21.99 %
Balance TransferN/A
Card CategoriesReward
Card User TypesBusiness
Required IncomeNone
Recommended Credit ScoreVery good
RewardsEarn 10 points during the welcome offer period for every $1 spent on eligible office supplies & electronics, rides &gas, eats & drinks
Earn 3 times the points for Card purchases on eligible business essentials including office supplies & electronics, rides & gas, eats & drinks
Earn 1 times the points on all other purchases
Insurances
🚗 Auto rental coverage📆 Extended warranty🛍 Purchase protection
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Get up to 67,000 Membership Rewards® points for new cardmembersAmex Bank of Canada logo
CIBC Aeroplan® Visa* Business Plus Card

$1,890.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $1,770.00 taking into account annual fees.}

Annual Fee$120
Additional Card$50
Interest rate on purchases19.99 %
Cash Advance22.99 %
Balance Transfer22.99 %
Card CategoriesReward, Best offer
Card User TypesBusiness
Rewards2 points per dollar spent on travel purchased with Air Canada;
1.5 points per dollar spent on dining , internet bills, cell phone bills, shipping costs and travel-related purchases (hotels, car rentals, plane tickets, cruises, coaches , travel agencies) and transportation;
1 point per dollar spent on all other purchases
Insurances
🚗 Auto rental coverage🛍 Purchase protection🦷 Travel accident📆 Extended warranty❌ Trip cancellation⚡️ Trip interruption⏱ Flight delay
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New cardholders receive up to $1,600 in value.CIBC logo
CIBC Aeroplan® Visa* Business Card

$1,890.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $1,710.00 taking into account annual fees.}

Annual Fee$180
Additional Card$50
Interest rate on purchases12.99 %
Cash Advance14.50 %
Balance Transfer14.50 %
Card CategoriesReward
Card User TypesBusiness
Rewards2 points per dollar spent on travel purchased with Air Canada;
1.5 points per dollar spent on dining , internet bills, cell phone bills, shipping costs and travel-related purchases (hotels, car rentals, plane tickets, cruises, coaches , travel agencies) and transportation;
1 point per dollar spent on all other purchases
Insurances
🚗 Auto rental coverage🛍 Purchase protection📆 Extended warranty❌ Trip cancellation⚡️ Trip interruption⏱ Flight delay🧳 Lost or stolen baggage insurance🦷 Travel accident
Learn more
Get up to $1,600 worth of Welcome offersCIBC logo
National Bank Platinum MasterCard® Business Card

$1,675.00/ year

Estimated Rewards

based on your spending taking into account annual fees. After the first year, rewards will be $1,675.00 taking into account annual fees.}

Annual Fee$125
Additional Card$50
Interest rate on purchases20.99%
Cash Advance22.99%
Balance Transfer22.99%
Card CategoriesReward
Card User TypesBusiness
Required IncomeUp to $2 million
RewardsEarn 1.5 points for every $1 spent with your card on eligible purchases. Get an added 1.5 points for every $1 spent in eligible purchases made with À la carte Travel
Insurances
⏱ Flight delay🚗 Auto rental coverage🛍 Purchase protection📆 Extended warranty🧳 Lost or stolen baggage insurance🩴 Emergency purchases
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Frequently asked questions about Business Credit Cards

How do you get a business credit card in Canada?

To obtain a business credit card in Canada, you need to provide a few pieces of documentation to the credit card issuer. This can include  your trade name registration (if you are a sole proprietor) or your articles of incorporation (if your business is incorporated). Some business credit card issuers may also require the business financial statements and other details such as the number of active years to be provided. In addition, you will also be asked to provide your personal credit details to validate your creditworthiness as a borrower. As long as your personal credit history is acceptable and you furnish all the aforementioned documentation, it is a relatively simple process to receive a business credit card in Canada.

Does a business credit card affect your personal credit score?

A business credit card can affect your personal credit score in three ways. When applying for a business credit card, the provider will conduct a hard pull on your personal credit file, which can temporarily cause an adverse impact on your score. Additionally, your business credit card issuer may report your business card’s repayment history to personal credit bureaus (such as Equifax and TransUnion). While not all business card providers report to personal bureaus, any missed or late payments on your business credit card can potentially result in an impact to your personal credit score.

impact to your personal credit score. Can I get a business credit card with bad personal credit?

You can get a business card even with a poor personal credit score. While credit card issuers usually conduct personal credit checks for business credit card applications, you can potentially get a secured business credit card where you provide collateral upfront. Alternatively, you can also get a prepaid business credit card. All things equal though, you will have access to a wider range of business credit cards if you have a good personal credit score.

Can you write off business credit card interest and fees?

Business credit cards interest and fees are tax-deductible. Any interest that you pay on your business credit card is deductible as a business expense. You can also deduct credit card fees such as annual fees, late fees and FX fees as operational expenses incurred while running your business. As a business owner, you should diligently track these expenses each month and compile your credit card statements carefully to make sure you have all the information when filing your corporate tax return.

How do you qualify for a business credit card?

To qualify for a business credit card in Canada, you simply need to prove that you are currently operating a business. This business can be structured as a sole proprietorship, partnership, or a corporation. Depending on the type of business you operate and the business credit card issuer you choose, you will then be asked to provide documentation such as your business financial statements and your incorporation documents.

What is the best business credit card for travel rewards?

If you are seeking a card that offers a strong set of redemption options for travel expenses and rewards, it is worth evaluating the American Express Aeroplan Business Reserve card. For business owners that envision a large amount of travel, the card is beneficial as it offers 3 Aeroplan points on every dollar of Air Canada purchases, 2x the points on eligible cars and hotels, and 1.25x Aeroplan points for every other purchase.

Are business credit card cash rewards taxable in Canada?

Generally, credit card rewards are not taxable in Canada. The Canada Revenue Agency (CRA) considers these benefits as discounts rather than a form of income. As a result, they are not taxed as other forms of income such as sales, dividends, capital gains, etc. would get taxed. The main exception to this rule is when an employee (or company) converts credit card rewards to cash. At that point, the employee or the company then has to report the cash obtained as income on their tax returns for the subsequent year.

Are all business credit cards personally guaranteed?

Most Canadian business credit cards come with a personal guarantee component, particularly when they are issued to small businesses. The personal guarantee requirement falls off once the business has an established credit history or a track record of generating substantial revenue. At that stage, corporate cards may become an option.

Can a sole proprietor get a business credit card?

A sole proprietor can certainly obtain a business credit card. As a sole proprietor, though, your chance of being approved correlates directly with your personal credit history, unless you are able to offer collateral as part of a secured business credit card. You can also explore the business prepaid credit cards options.

Can I apply for a business credit card without a business?

You can only apply for a business credit card once you have a business whose existence can be proven through documentation such as articles of incorporation or tax returns. It is pertinent to note that the size of the business does not matter. You can obtain a business credit card even if it’s just a one-person side hustle.

Can I use my personal credit card for business expenses instead of getting a business credit card?

You can use  your personal credit card for business expenses up to a certain point. However, once you reach a certain level of spending, your credit card issuer will suspect you are using your personal credit card for business purposes, and might ask you to switch to a business credit card. Furthermore, while you can certainly use a personal credit card for business expenses during the early stages of your venture, it is advisable to segregate your personal and business expenses for the sake of accurate reporting. A business credit card allows you to have all of your business expenses in a single place to reference and retrieve during tax season. This makes it easier for yourself (and your accountant) to file taxes and potentially defend yourself effectively if you are the subject of a CRA audit.