The 3 Business Credit Cards You Should Never Get

If you’re a business owner, you know that having a good business credit card is essential. But with so many options out there, it can be hard to know which one is right for you. And with new options popping up all the time, it’s hard to keep up.

There are a few key things to keep in mind when using business credit cards. First, always make sure you’re using the card for business expenses only. This will help you keep track of your spending and ensure that you’re not racking up personal debt on the card. Second, always pay your balance in full and on time to avoid interest charges and late fees. Finally, be sure to use your rewards points wisely so you can get the most value out of them.

My own personal experience

Since I was new to entrepreneurship and because I had good credit scores and was eager to put them to use. I sought out business credit cards online that would help me buy the inventory I needed to fill pending orders. It just so happened that I came across one of the credit cards that I would advise against using. I had used their credit cards before for my personal credit, so I figured it would be best to stay within the same credit card family since I already had a relationship with that particular bank.

Since 2018 I have deeply regret submitting this credit card application. While the credit card did allow me to earn rewards for purchases and it was helpful when I needed to purchase inventory, all of that does not outweigh the ultimate negative factor about this card.

Business credit cards

can be a great way to manage your business finances and earn rewards at the same time. Just be sure to use them responsibly and you’ll be sure to get the most out of them.

These are the three business credit cards because they will report to your personal credit reports as a tradeline.

There are three business credit cards that you should avoid

because they will report to your personal credit reports as a tradeline. These cards are the Discover It Business, Capital One Spark, TD Bank Business

While having a business credit card can be helpful for building your business credit history, these three cards will cause your personal credit score to suffer. So if you’re looking to keep your personal and business finances separate, you should steer clear of these cards.

Instead, you should go for business credit cards that do not report to your personal credit. They should only report to personal credit if the account becomes delinquent, these are considered personal guarantor credit cards which typically require good personal credit scores to obtain.

I typically set my sites on these three business credit cards when building my clients’ business credit portfolio.

Capital On Tap

Capital On Tap Business Credit Card


Torpago Business Credit Card

GM Rewards MasterCard

GM Rewards Business Credit Card

Our clients generally need a personal credit score of 680 or higher to qualify for business credit cards. We offer personal credit services to help them improve their scores so they can qualify. If you feel you need a little bit more of a push to accelerate your business credit portfolio and your personal credit scores are holding you back, use the link to apply for our Business680 Credit Program