Best small business credit cards for balance transfers

Searching for the best business credit cards for balance transfers to keep your revenues high? Well, look no further as we’ve done all the hard legwork for you and compiled a comprehensive list to top it all off.

In this article, we’ll be diving deeper into the criteria that make a great business card for balance transfers, including the APR, the rewards, and the many perks.

So, if you’re ready to save some money, take a quick glance below.

1. BBVA Visa® Business Rewards Credit Card

1. BBVA Visa® Business Rewards Credit Card

Best Overall

• No annual fee
• 1.5x BBVA Rewards points
• Visa business benefits
• 15% off at participating merchants
• Free employee cards

2. Chase Ink Business Unlimited®

2. Chase Ink Business Unlimited®

Best Sign-On Bonus

• No annual fee
• Individual spending limits on employee cards
• Unlimited 1.5% cashback
• Excellent welcome bonus
• Free fraud and purchase protection

4. Discover It® Cash Back

4. Discover It® Cash Back

Best Cashback

• No annual fee
• Cashback Match the first year
• Introductory APR on transfers
• Low transfer fee
• Cashback rewards never expire

5. Capital One Spark Cash Select

5. Capital One Spark Cash Select

Best No-Fee Balance Transfer

• No annual fee
• Simple 1.5% cashback
• No balance transfer fee
• Free employee cards
• Redeem cashback at any time in any amount

6. Citi® Diamond Preferred®

6. Citi® Diamond Preferred®

Longest 0% APR Period Around

• No annual fee
• Ultra-long intro APR
• Low balance transfer fee
• Excellent 24/7 customer service
• Identity theft protection

7. Southwest Rapid Rewards®️ Premier Business Credit Card

7. Southwest Rapid Rewards®️ Premier Business Credit Card

Best for Frequent Business Travel

• High reward point value
• Excellent travel perks
• Earn points from employee cards
• No foreign transaction fee
• 6,000 bonus points on your account anniversary

9. Wells Fargo Business Platinum Credit Card

9. Wells Fargo Business Platinum Credit Card

Best for Small Businesses That Want Flexible Rewards

• Cashback or points rewards
• Intro APR on purchases and transfers
• Excellent welcome bonuses
• No annual fee
• Up to 99 free employee cards

10. PNC Visa® Business Credit Card

10. PNC Visa® Business Credit Card

Best for Account Management

• Low APR limits
• Intro APR on purchases and transfers
• No annual fee
• Excellent account management tools
• Excel®, Quicken®, and QuickBooks® compatibility

10 Business Credit Cards for Balance Transfers in Deep Detail

1. BBVA Visa® Business Rewards Credit Card

1. BBVA Visa® Business Rewards Credit Card

Best Overall

• APR: 9.24%–23.24%
• Introductory APR (transfers): 0% or 3.99% depending on creditworthiness for one year
• Introductory APR (purchases): 0% for 9 months
• Minimum credit level: Good
• Balance transfer fee: $10 or 4%, whichever is greater

Overview — BBVA’s business rewards card has a lot to offer, and it’s one of the best small business credit cards in terms of benefits. In spite of it not being available in all states, it’s well worth it if you can get your hands on one.

No annual fee — To our delight, the BBVA Visa® Business Rewards Credit Card doesn’t charge an annual fee.  

Not only that, but for every dollar spent on qualified business expenses, you earn 1.5 BBVA Rewards points, which you can redeem for neat rewards.

Better yet, you’re automatically enrolled for rewards as soon as you start using the card.

Free cards for employees — What we also liked was that you have the option of adding as many employee cards as you need to your account at no additional cost. Likewise, purchases are itemized separately on your expense report for easy bookkeeping. 

Visa Rewards — As a Visa balance transfer business credit card, this card entitles cardholders to the Visa SavingsEdge program that can save you up to 15% at select merchants. It also provides access to Visa’s collision damage insurance on rentals, travel and emergency assistance, and travel accident insurance (all free of charge). 

But, most importantly, you can qualify for 0% APR on balance transfers requested within 90 days of opening the account for an entire year. Moreover, the card has a default introductory 0% APR on purchases for the first nine months.

Pros

• + No annual fee
• + 1.5x BBVA Rewards points
• + Visa business benefits
• + 15% off at participating merchants
• + Free employee cards

Cons

• − Not available in all states

2. Chase Ink Business Unlimited®

2. Chase Ink Business Unlimited®

Best Sign-On Bonus

• APR: 13.24%–19.24%
• Introductory APR (transfers): N/A
• Introductory APR (purchases): 0% for 12 months
• Minimum credit level: Good
• Balance transfer fee: $5 or 5%, whichever is greater

Overview — Chase’s Ink line is the gold standard of business cards, and Ink Unlimited has the best rewards offers and sign-up bonuses out there. 

Also, despite the card offering 0% APR on purchases only, it’s still an excellent choice to carry your business credit and earn big rewards at the same time.

New cardmember offer — When you open an account for the Chase Ink Unlimited card and spend $7,500 on purchases within the first three months, you’ll receive a $750 cashback bonus. That’s a bigger bonus than any of the other balance transfer credit card offers on this list!

Unlimited cashback — In addition to the excellent sign-up bonus, we found that you will receive 1.5% unlimited cashback on all business purchases, which you can redeem through the Chase Ultimate Rewards platform for the best value possible. 

A Chase card user already? In that case, you can pool your Chase Ultimate Rewards points. 

If you put in a little effort to maximize this card’s rewards, you’ll find it very lucrative.

Employee cards — We also have to mention that Chase will not only provide employee cards at no additional cost, but you can also set individual spending limits for each card. 

Overall, this is one of the best credit card balance transfer offers when you’re planning on making a big purchase right away to get the lucrative sign-on bonus.

Pros

• + No annual fee
• + Individual spending limits on employee cards
• + Unlimited 1.5% cashback
• + Excellent welcome bonus
• + Free fraud and purchase protection

Cons

• − No introductory APR on balance transfers
• − Foreign transaction fees

3. American Express Blue Business® Plus Credit Card

3. American Express Blue Business® Plus Credit Card

Best Rewards Points

• APR: 13.24%–19.24%
• Introductory APR (transfers): N/A
• Introductory APR (purchases): 0% for 12 months
• Minimum credit level: Good to excellent
• Balance transfer fee: $5 or 3%, whichever is greater

Overview — American Express is best known for having some of the best rewards programs in the industry, and this card doesn’t disappoint in that regard. What’s more, this card has no annual fee. Hence, you can enjoy all the business perks without the added cost. 

Reward points — You earn double the AmEx rewards points on all purchases for the first $50,000 spent on purchases every year. Any subsequent spending earns a point per dollar spent. 

Cardholders with exceptional credit who don’t mind a hefty annual fee might get more value out of the American Express Platinum Business Credit Card. Nevertheless, most users will find the Blue Business more than adequate. 

Extra credit — What we found particularly intriguing was that the AmEx Blue Business card has a slightly higher credit limit than you’re approved for. Meaning, you can spend a lot more with this card! This is based on your creditworthiness and can go up or down throughout the duration of the card. 

Limited acceptance — Finally, like all American Express cards, this one is well-regarded across the US and you won’t have any troubles when it comes to domestic payments. Despite this, as the name implies, it doesn’t enjoy the same status overseas.

All in all, this is among the best business credit cards when you want to redeem your points with travel expenses and avoid annual fees.

Pros

• + No annual fee
• + Up to 99 free employee cards
• + 2X points on the first $50,000
• + Good point value
• + Long introductory APR on purchases

Cons

• − Low acceptance rate outside the US

4. Discover It® Cash Back

4. Discover It® Cash Back

Best Cashback

• APR: 11.99%–22.99%
• Introductory APR (transfers): 0% for 14 months
• Introductory APR (purchases): 0% for 14 months
• Minimum credit level: Good to excellent
• Balance transfer fee: 5%

Overview — Albeit not specifically a business card, Discover It targets just about every demographic. It’s a superb choice for balance transfers and you won’t have an issue transferring a balance from a business card to a personal one. 

Transfer fee — Using business credit cards for balance transfers such as this one comes at a certain price. Namely a 5% transfer fee, but it’s well worth it given the benefits. 

Unlimited cashback match — You’ll be pleasantly surprised with the fact this card earns you between 1% and 5% cashback on most purchases, depending on where you shop. 

On top of that, Discover is the only company to offer a Cashback Match. That means it doubles all your cashback rewards from the first year of use. Better yet, the cashback never expires as long as your account remains open. You can redeem points in any way you choose, even as a direct deposit to your account. 

Introductory transfer APR — Discover’s cashback card has one of the best introductory APR offers. For the first 14 months, your purchases and transferred balance enjoy 0% APR, which is better than what similar credit cards for balance transfers have to offer.

Pros

• + No annual fee
• + Cashback Match the first year
• + Introductory APR on transfers
• + Low transfer fee
• + Cashback rewards never expire

Cons

• − Cashback varies widely based on your purchases
• − Not a business credit card

5. Capital One Spark Cash Select

5. Capital One Spark Cash Select

Best No-Fee Balance Transfer

• APR: 13.99%–23.99%
• Introductory APR (transfers): N/A
• Introductory APR (purchases): 0% for 9 months
• Minimum credit level: Good to excellent
• Balance transfer fee: None

Overview — So far, we’ve mainly discussed cards with great rewards or low balance transfer APRs. Well, we are proud to say that Capital One’s Spark Cash Select is the first to feature no-fee balance transfers. 

Namely, transferring a large balance with a high transfer fee can sometimes undo all the benefits of a card. Luckily, Spark Cash Select has none — hence why it’s one of our favorite no-fee balance transfer credit card offers even without an introductory low-APR period.

Welcome bonus — We can’t talk about Spark Cash Select without mentioning the exceptional welcome bonus. In short, if you spend $3,000 on purchases within the first three months of opening an account, you receive a $200 cash bonus. 

Note that this is not a cashback reward, just a straight deposit to your account. No questions asked! 

Decent intro APR — We also appreciate that purchases made in the first nine months generate no interest with the Spark Cash Select. That is ideal if you plan on making some large purchases right out of the gates. 

Cashback rewards — While many business credit cards for balance transfer offer rewards, few are this straightforward. The Spark Cash Select gives you 1.5% cashback on all purchases, no merchant restrictions, and no redemption conditions.  

Low credit line — This card is just perfect for those looking to transfer a substantial balance. Nevertheless, although still useful, low credit lines won’t benefit as much.

Pros

• + No annual fee
• + Simple 1.5% cashback
• + No balance transfer fee
• + Free employee cards
• + Redeem cashback at any time in any amount

Cons

• − Potentially low credit line

6. Citi® Diamond Preferred®

6. Citi® Diamond Preferred®

Longest 0% APR Period Around

• APR: 14.74%–24.74%
• Introductory APR (transfers): 0% for 18 months
• Introductory APR (purchases): 0% for 18 months
• Minimum credit level: Good to excellent
• Balance transfer fee: $5 or 3%, whichever is greater

Overview — Just from skimming the highlights it should be apparent that this card offers an extremely generous introductory APR period. Likewise, Diamond Preferred has a relatively low balance transfer fee.

On top of all that, it has no annual fee, making business card balance transfer a real breeze. Albeit with a catch: it’s not actually a business card (strictly speaking).

Long intro APR — As previously mentioned, Diamond Preferred’s most significant selling point is the extra-long period of 0% APR on transfers and purchases. In other words, transfers enjoy 18 months of interest-free credit from the date the first one is posted. 

Flexible payment date — Diamond Preferred allows you to choose your payment date each month, making it ideal for business owners. You can choose a date that coincides with regular expenses, such as payroll, which is a great way to balance your budget. 

Citi perks — We just have to mention that a lot of customers boast about the card’s numerous benefits, including identity theft protection, purchase protection, special access to event tickets, and more. 

No rewards — Though, what we would have liked to see is some kind of rewards program, which many similar balance transfer business credit card offers do, such as Capital One’s Spark Cash Select or BBVA Visa® Business Rewards credit card.

Nevertheless, the card is still a 0% balance transfer business credit card with a generous APR period and is excellent for cutting through a large balance, so much so that we included it on our list.

Pros

• + No annual fee
• + Ultra-long intro APR
• + Low balance transfer fee
• + Excellent 24/7 customer service
• + Identity theft protection

Cons

• − No rewards
• − No welcome bonus

7. Southwest Rapid Rewards®️ Premier Business Credit Card

7. Southwest Rapid Rewards®️ Premier Business Credit Card

Best for Frequent Business Travel

• APR: 15.99%–22.99%
• Introductory APR (transfers): N/A
• Introductory APR (purchases): N/A
• Minimum credit level: Good to excellent
• Balance transfer fee: $5 or 3%, whichever is greater

Overview — As the name suggests, this Premier Business credit card is meant for people who do a lot of traveling. Namely, if your business requires frequent flying, this is perhaps the card that will provide the best bang for your buck (even when you have to pay for your pets’ travel too). 

Take a look at the specifics below to decide whether this is the right balance transfer credit card for you. 

Southwest points — This card’s main draw is that it earns twice the reward points when you pay for Southwest flights or spend on travel expenses with Southwest hotel and car rental partners. It also earns a point per dollar on all other purchases, which is always a plus. 

Redeemed the right way, Southwest points yield between 1.6 and 1.7 cents per point. That is more than the typical airline points (1.3, on average)! 

You’ll also earn 6,000 points after your first year with the card and earn points for spending on employee cards. 

What other perks make this the best credit card balance transfer for business travel? For instance, if you reach A-list status (35,000 points earned or 25 flights), you get bonus perks such as priority boarding, priority check-in, same-day standby, and many more.

Pros

• + High reward point value
• + Excellent travel perks
• + Earn points from employee cards
• + No foreign transaction fee
• + 6,000 bonus points on your account anniversary

Cons

• − No introductory APR
• − Annual fee

8. U.S. Bank Business Cash Rewards World Elite™ Mastercard®

8. U.S. Bank Business Cash Rewards World Elite™ Mastercard®

Best Excellent Credit

• APR: 11.99%–22.99%
• Introductory APR (transfers): 0% for 15 billing cycles
• Introductory APR (purchases): 0% for 15 billing cycles
• Minimum credit level: Excellent
• Balance transfer fee: $5 or 3%, whichever is greater

Overview — If you’re looking to replace your regular spending card with a better option, the Cash Rewards Elite is the ideal choice for you. In a nutshell, it’s a business credit card with 0 APR balance transfer and provides decent rewards with reasonable credit limits. 

The only requirement is exceptional credit — namely, in the mid-700s range, which you probably already expected with such a prestigious card.

Introductory APR — The US Bank won’t charge interest on balance transfers to this card for the first 12 billing cycles from the moment transfers are posted to the account. What’s more, purchases made with the card also don’t generate interest in the first 12 billing cycles.

Cashback rewards — You can earn up to 3% cashback on purchases made with Cash Rewards Elite, including gas stations, cell phone providers, and office supply stores.

Annual bonus — Like many of the best business credit cards for a balance transfer, this one doesn’t have an annual fee. On top of that, you’ll get a 25% bonus on the cashback rewards you generate each year up to $250. 

Welcome bonus — Last but not least, if you spend $3,000 within the first 90 days of opening your U.S. Bank account, you earn a very nice $500 cashback bonus.

Pros

• + Good cashback potential
• + Annual cashback bonus
• + Long introductory APR
• + $500 cashback welcome bonus
• + Unlimited rewards

Cons

• − Cashback not available on all spending
• − Excellent credit required

9. Wells Fargo Business Platinum Credit Card

9. Wells Fargo Business Platinum Credit Card

Best for Small Businesses That Want Flexible Rewards

• APR: 11.24%–21.24%
• Introductory APR (transfers): 0% for 9 months
• Introductory APR (purchases): 0% for 9 months
• Minimum credit level: Good to excellent
• Balance transfer fee: Terms upon approval

Overview — This particular Wells Fargo business credit card stands out among business card balance transfer choices for its accommodating reward structure and decent introductory APR on transfers and purchases. Overall, it’s a great way to manage everyday business expenses and pay down debt from higher-interest cards. 

Cashback rewards — Good news! If you choose the cashback rewards program when applying and spend $3,000 in the first three months, you’ll receive a $300 cashback bonus. 

Best of all, this card earns 1.5% cashback on all qualifying purchases, and the cashback rewards are applied automatically to your account each quarter. 

Rewards points — In addition to that, spending $3,000 on purchases in the first three months also earns you a 30,000-points bonus with Wells Fargo’s business credit card with a balance transfer. Plus, when your company spends over $1,000 in any monthly billing period, you’ll earn another 1,000 bonus points. 

We also appreciated the fact that the Wells Fargo business credit card earns Go Far® Rewards points that you can redeem on airfare, merchandise, gift cards, and online auction events. 

Introductory APR — This card has a decent no APR period of nine months but what makes it really extraordinary is its versatility. Namely, it applies to both transfers and purchases, so this Wells Fargo card’s a great option when you want to transfer a small balance and use it for spending or a large balance intended for debt management.

Pros

• + Cashback or points rewards
• + Intro APR on purchases and transfers
• + Excellent welcome bonuses
• + No annual fee
• + Up to 99 free employee cards

Cons

• − Requires relatively high spending to get best rewards

10. PNC Visa® Business Credit Card

10. PNC Visa® Business Credit Card

Best for Account Management

• APR: 9.99%–19.99%
• Introductory APR (transfers): 0% for 13 billing cycles
• Introductory APR (purchases): 0% for 13 billing cycles
• Minimum credit level: Good
• Balance transfer fee: $5 or 3%, whichever is greater

Overview — PNC Visa® Business Credit Card’s biggest strength is how simple it is. In other words, it’s a no-frills service that provides a long interest-free period on balance transfers and works as an everyday spending card for your business. 

Hence, if you want a solid business credit card with 0 APR on balance transfer, look no further than PNC Visa® Business Credit Card.

Yet, what we would have liked to see was a rewards program of some sort. 

Nevertheless, it’s still a great card for those looking to manage their accounts without much fuss. 

Online account management — As previously mentioned, PNC offers an excellent account management system. For one, you can use the dashboard to manage employee purchases, monitor cash flow, set individual card spending limits, and even do basic business bookkeeping. 

Moreover, PNC’s spending analysis tool allows you to assign business categories to transactions and plan your future budgeting needs. 

Low base rates — One particular highlight caught our eye: PNC Visa® Business Credit Card has the lowest APR of all the business credit cards for balance transfers reviews on our list. That’s on top of the 13 APR-free billing cycles you’ll get when you become a card member.

Modest credit requirement — Another highlight of this amazing card is that it doesn’t require great credit, which is always a plus. If you’re at or around the mid-600s, you have a good chance of getting approved for it.  

Overall, this card presents a simple and easy way to consolidate small scattered debts and manage your everyday business expenses.

Pros

• + Low APR limits
• + Intro APR on purchases and transfers
• + No annual fee
• + Excellent account management tools
• + Excel®, Quicken®, and QuickBooks® compatibility

Cons

• − No rewards
• − No welcome bonus

Guide for Evaluating Business Credit Cards for Balance Transfers

The main reason most people do credit card balance transfers is to reduce interest charges. 

Yet, there are several other factors that you need to take into consideration before getting a card for your business. 

For instance, you may want to transfer a balance from a personal card to a business one, or vice versa.

In this article, you’ve had a list of the best credit card balance transfer offers, and in the section below, we’ll talk about how to pick the right one. 

Understanding Introductory APR

Introductory APR is a period during which a card’s balance doesn’t accrue interest and therefore acts as a “free” loan. It’s a common practice for credit card issuers to entice new customers with an introductory APR period, but it’s usually divided into two categories. 

Introductory Balance Transfer APR

No APR on balance transfers is the less common type and the one that you’re likely after. Simply put, the issuer won’t charge interest on transfers from other cards during the allotted period, thus helping you save more money in the process. 

Usually, a business credit card with 0 APR on balance transfer has a limit of 30–90 days from the moment you open the account to post transfers and get the reduced APR. Wells Fargo Business Platinum Credit Card is a 0 APR card for a nice period of nine months, for example.

So, make sure you plan accordingly as any transfers made after that period will be subject to the standard transfer APR. 

Introductory Purchase APR

Purchase APR is the interest the issuer will charge on any balance resulting from purchases. 

Many cards offer a no-APR purchase period — hence why business owners seek them out when they need to make a relatively large investment. In short, it allows you to avoid any interest on the debt if you pay off the purchase within the intro period. 

The U.S. Bank Business Cash Rewards card above is a great option with an exceptionally long 0% purchase APR.

Always keep the introductory period’s end date in mind and aim to pay off both transfers and purchases before it ends. 

Can You Transfer a Business Credit Card Balance to a Personal Credit Card?

Yes, balance transfers from business to personal credit cards are a possible action and can be a great way to save money in certain situations. However, you should understand the implications. 

That is, there are several differences between personal and business credit cards. Here are some of the most pertinent ones:

• Credit score — even if you’re the sole proprietor of a business, you and the business have different credit scores. In other words, business credit activity is reported to business credit bureaus. 
• Credit limits — banks with business credit cards usually extend significantly more credit to businesses than to personal cards.
• Perks — business credit cards normally tailor benefits and reward spending categories to be more attractive to businesses. 

Yet most importantly of all, having a dedicated business credit card allows you to make a clear distinction between business and personal spending. That can come into play if you ever need to prove that you and your business should be treated as two different entities for tax purposes. 

So, even if you transfer a business balance to a personal card, make sure you use that card exclusively for business spending. 

How Rewards Play Into Your Decision

Rather than offering an introductory APR period, some of the best business credit cards offer a range of rewards and neat welcome bonuses instead. 

In fact, consolidating debt and having access to great rewards sometimes outweigh the benefit of the no-interest period. And cards that offer both top-tier rewards and long introductory APR are often inaccessible to all but the highest credit scores.

A good example of this is the Chase Ink Cash credit card — it doesn’t have an introductory APR for balance transfers but can easily net you over $1,000 in rewards in the first year of use. 

To summarize, if the rewards exceed what you would save in interest, it’s worth applying for. 

The Bottom Line

No balance transfer fee credit card offers aren’t that hard to find, there are two great options on this list — the Wells Fargo Business Platinum and U.S. Bank Business Cash Rewards. 

What’s challenging is finding one that fits your credit status and goals while allowing you to manage business spending effectively. 

This is why you should focus on reading the fine print surrounding the introductory APR period of a card and have a solid plan for paying off your balance in the given time frame. Also, don’t commit to any single card until you know that the issuer can extend enough credit to cover your balance transfer.

Finally, don’t forget about the awesome rewards. Sometimes it’s more worth using a balance transfer business credit card with higher interest simply due to the rewards.

FAQs

Can you balance transfer a business credit card?

Yes, balance transfers are allowed on business credit cards to the same extent that they are on personal credit cards. It can be a great way to consolidate and pay down debt. 

Transfers from business cards to personal cards are also possible. You’d exchange some business advantages for personal perks, but it’s also a common practice. 

Do balance transfers affect your credit score?

Balance transfers can affect your credit score in several ways: 

• for just how long a credit account is open 
• whether you transferred the balance of an account shortly after you opened another 
• the hard credit inquiry (it can knock down your score by 10 points), which is part of the approval process; and more.

So, while transfers provide a chance to reduce debt and improve your score, you should approach them with discretion.

What is the best credit card to use for balance transfers?

In general, the best credit card for balance transfers is the one that provides the longest interest-free period and the lowest fee for transfers. Cards that fit that description for business users include the U.S. Bank Business Platinum Card and the BBVA Business Rewards Card.

One of the best balance transfer cards for personal use is the Citi Diamond Preferred card, which offers 18 months of introductory 0% APR on transfers and purchases. 

What’s the best credit card for a small business? 

Small businesses can find some of the most convenient credit cards in Chase’s Ink Business line of cards. The Chase Ink Business Preferred card has some of the best rewards available and comes with a slew of perks that can benefit business owners. 

Alternatives include Wells Fargo’s business credit cards, which focus on versatility, and U.S. Bank, which has several best business credit cards for balance transfers.