9 Best No PG Business Credit Cards Worth Applying For

BusinessCreditCards
10 min read

Limit your personal liability when applying for a business credit card by seeking those without a personal guarantee or credit check. Getting approved for a no PG credit card will also protect the personal assets of a small business owner personal if they incur business debt.

Why No PG

Most business credit cards require personal guarantees which allow creditors to place liens on personal property and finances, should your business not be able to pay its debts.

The best business credit cards, however, are those where the credit card issuer does not require personal liability to get approved. When business credit card issuers approve small business owners based on their EIN only, there is an extra layer of financial protection added to ensure creditors cannot go after your personal assets.

Small Business Loan
Need an unsecured business loan?

Do you need startup financing, working capital for your business, funding for equipment or real estate? Would you like to get approval in as little as 48 – 72 hours, and your funds released within days?

Various lending products ranging from $5,000 to $5,000,000 are available for most businesses, including those with limited history or bad credit, without requiring a personal guarantee.

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No PG Cards

Almost all small business credit cards issued by major banks have personal guarantee requirements, which is why it pays to think outside the box. While the names might not be glamorous, using business credit cards with no personal guarantees will ensure that only your business is liable for money your borrowing and can’t pay back.

9 Best No PG Business Credit Cards Worth Applying For
  1. Divvy Corporate Visa
  2. Ramp Corporate Visa
  3. SVB Innovators MasterCard
  4. Bento Corporate Visa
  5. Stripe Corporate Visa
  6. Sam’s Club Business MasterCard
  7. Brex Corporate Card
  8. Office Depot Business Card
  9. Shell Small Business Card

Divvy

Divvy Corporate Charge Card
Divvy
Corporate Charge Card

Quick approvals for the Divvy Corporate Card are mainly based on business revenues rather than personal credit scores. While they require you to sign up for a demo to apply, the Divvy application process is quite simple.

At first, they ask for some simple personal and business details like contact information and your Employer Identification Number. Then they try to find out more about your business spending habits, by having you content your business bank accounts.

Divvy doesn’t seem to care much about bad credit scores, just mainly spending habits. If your bank statements show a healthy cash flow, and you pay some monthly bills or online subscriptions via credit card this will help get you higher credit limits.

While Divvy can approve corporations for up to $15 million, most small business owners would only receive a credit limit of up to $50k. Their rewards program also offers up to 7x bonus points for restaurant purchases and 5x on hotels, and 1.5x on everything else. The catch-22 is that you have to pay your bills weekly or bi-weekly to maximize your rewards point earnings.

As a cardholder, you’ll also get full to Divvy’s expense management software and budgeting tools. Aside from that, they offer unlimited virtual cards and employee cards, and all card payments get reported to the Small Business Financial Exchange (SBFE).

While Divvy corporate charge cards do not have an annual fee. there are some foreign transaction fees in the form of 0.90% cross-border fees, and 0.20% currency conversion fees.

Ramp

Ramp Corporate Card
Ramp
Corporate Charge Card

With a Ramp charge card, you can earn 1.5% cash back on all business purchases without having to target rewards categories. They also numerous SaaS-related rebates that total a whopping $350,000 in savings. Some of the 50+ companies that offer Ramp cardholder discounts are Salesforce, Slack, and Zendesk, as well as, Amazon Web Services (AWS), Stripe, and Plastiq.

As you make more and more purchases on your Ramp Visa card, you’ll get access to their algorithmic savings insights. Their patented system will analyze your company’s spending history and offer advice on where you can cut costs and get a better deal. They even offer expert contract negotiation services to ensure you get similar pricing to the rest of their cardholders.

While startups can get approved for a Ramp credit card, eligibility requires a minimum business bank account balance of $75,000. Other approval requirements include:

  • Legal business entity that is a C or S Corporation, Limited liability Company (LLC), or Limited Partnership (LP)
  • Employer Identification Number (EIN), and the majority of your business spending to be in the US.

Bento

The Bento Business Visa Debit Card is available to all business owners, no matter the size or industry. There is no revenue requirement nor a personal credit check, as the Bento debit card is very similar to a secured credit card. Almost anyone with a business can get approved, even if you have bad credit.

When using a Bento Spent Limit card, you first have to load money onto it. Whatever the amount is that you deposit is your credit limit. The main real differences between a Bento Spent Limit Visa card and secured credit cards are

  1. There is no security deposit or credit check required
  2. You can easily issue unlimited employee cards
  3. You can easily limit or block employee cards with a few clicks

So, whatever money you deposit onto a Bento Visa debit card, you can spend it immediately, and When you use your Bento debit card, you will also not be charged any interest, as you will only be spending your own money when doing so.

Bento’s business debit cards can be used to make purchases in stores or online. All transactions are then instantly debited from the amount you deposit on your card. If your balance is too low, the transaction simply will be denied.

The advantage of using this Bento Visa debit card is that you can make unlimited transactions anywhere Visa is accepted without having to pay any business banking fees, like debit or overdraft. When your employees use their Bento cards, it also makes it much easier to monitor and file their transactions.

Bento debit accounts can be extended to an unlimited number of employees, but there is a $20 card expedite fee if you need rush delivery. While Bento Spent Limit cards have a 60-day free trial, monthly membership fees start from $29 per month thereafter.

SVB Innovators

The SVB Innovators Card is another no personal guarantee credit card, that like Brex, works like a charge card where balances must be paid in full each month. It is issued by the Silicon Valley Bank and specially designed for startup companies in IT and tech industries.

The SVB Innovators MasterCard is a flexible line of credit that scales alongside company growth. It comes with a very straightforward rewards program that allows you to earn 2x points on all purchases no matter the category. There is also no limit on the number of reward points and they can be used to redeem merchandise, gift cards, credit, or travel offers.

There are no other annual or monthly fees either, and extra employee cards are freely provided.

Stripe

The Stripe Corporate Card is relatively easy for new businesses to get approved for. You don’t need to have much business financial history nor do you require a personal guarantee.

The Stripe card has zero fees and credit limits that grow alongside your business. So, the benefits of using this no PG credit card increase as your activity expands. Stripe is also an online payment processor, you can use them to process your business transactions too.

When using your Stripe corporate credit card, you will earn 1.5% money back on expenses no matter the category, and the rewards are immediately credited to your monthly due balance. Unfortunately, they don’t have another system for using your reward points, like for travel or gift cards.

They do, however, provide additional bonuses, discounts, and special offers, from over 20 partners. For example, you can get a 25% discount on the annual subscription to Slack, three months free at Gusto and Guideline, and a $150 bonus for Google Ads. Some specific partner companies like Snap and Kasa. also offer 5% money back on purchases. There is also a 50% cash back offer if you purchase 1Password.

Get Approved for an Employee Retention Tax Credit from the IRS
Tax refund up to $26k per employee!

Through the Employee Retention Tax Credit, the IRS grants eligible employers a credit equal to 70% of qualifying wages per W2 employee, PER quarter.

If your business experienced a significant decline in gross receipts or was impacted by government shutdowns due to COVID-19, then let us help you solve the IRS’s refund application puzzle. You can prequalify today, just by answering 8 simple Yes or No questions.

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Sam’s Club

One of the most enjoyable perks of the Sam’s Club Business MasterCard is that you can use it as a net 30 account and earn cash back on your Walmart and Sam’s Club purchases.

To ensure you don’t accidentally offer a personal guarantee, you have to fill out their business credit card application, and that only you allow them to use your SSN for verification purposes only. At first, be sure you enter your EIN only so that credit card approval will be based on the strength of your business purchasing power. The best way to apply for a Sam’s MasterCard is in-store, so you can have the sales rep contact to personally call their credit department to discuss why you don’t want to give a personal guarantee or to ensure your personal credit is not checked. If this is in doubt, be sure you block it.

Once you have your Sam’s card, you earn up to 5% back in Sam’s Cash when making in-store purchases. You can also get 5% back on gasoline purchases up to $6,000 (1% thereafter), 3% back on dining and takeout, and 1% back on all other purchases.

As an added credit building bonus, your Sam’s Business Club MasterCard payment history will get reported to Experian and Dun & Bradstreet.

Brex

The Brex Corporate Card is a charge-type card where your balance is fully due. It is designed for startups, especially in the tech and e-commerce industries. It grants 3x reward points for all software purchases.

It takes into account the business growth, as the credit card’s limits expand as your financial data progresses, this includes the available cash, credit history, and spending patterns in your business. The card can be used anywhere where they accept MasterCard and you don’t have to pay any additional annual or monthly fees.

For new businesses in tech or life sciences industries, you earn special lucrative rewards. You can use them as gifts, miles, a statement credit, or gift cards.

Our Top Pick
Ohana Office Products
Building credit with Ohana is so easy!
No membership fees, an initial $2,000 credit limited being reported, and a $1,000 limit increase with each $80 invoice paid makes Ohana the best Net 30 accounts to start building business credit with.

Office Depot

The Office Depot OfficeMax Business Credit Card is a no-annual-fee card with no personal guarantee requirements. You can use it at any Office Depot stores or OfficeMax locations, and also on their online shops. It’s good for small businesses as furniture and office supplies, office technology, or cleaning supplies, are recurrent purchases in any business activity.

You can earn rewards to an even greater extent if you make an account with the Office Depot rewards membership. For your monthly expenses, you get 2% back. Yet, after $500 spent over a 12 months period you enter the VIP status which will bring you an extra earn back amounting to 5% for print services, paper, toner, and ink, plus some other rewards and free delivery within two days.

Shell

Shell Small Business Fuel Card
Shell Small Business
Fuel Card

The Shell Small Business Card can be used at over 14,000 gas stations around the U.S. For each gallon fuelled at Shell stations, you can earn up to six cents. Thus it is a good no PG credit card for companies that own fleets. Some discounts arse given by using the same card at Jiffy Lube stations.

Shell business gas cards come with a monthly balance that bears interest, yet, there are no other monthly, annual, or setup fees. They provide online and mobile services that can be accessed from everywhere, at any time. There is also a 24/7 customer service team based in the US.