Best Business Credit Cards for Bad Credit of 2022 – Forbes Advisor
The Wells Fargo Business Secured Credit Card* is by far the best secured credit card for business, if only for its wide availability and lack of decent alternatives.
Awards: 1.5% cash back per dollar spent on qualifying purchases or earn 1 point per dollar and receive 1,000 bonus points when business spends $1,000 or more in a monthly billing period
Annual fees: $0
Other advantages and disadvantages: Although its maximum line of credit (and therefore its maximum deposit) extends to $25,000, the 1.5% cash back per dollar spent on qualifying purchases or earns 1 point per dollar and receives 1,000 bonus points when the company spends $1,000 or more in any monthly billing. period only requires a minimum deposit of $500. Any amount of credit secured with this card requires a deposit of the same amount. Cardholders can add 10 employee cards at no additional cost, and international business people can celebrate the absence of foreign transaction fees. Like most secure card issuers, Wells Fargo advertises periodic review of an account for potential upgrade to an unsecured business card.
Discover our secure Wells Fargo Business credit card* review to find out more.