Best Instant Approval Business Credit Cards Of 2024 (2024)

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Instant approval business cards come few and far between, but there is still a decent selection of cash back and rewards options. All American Express cards, besides the Amazon Business American Express Card* and Amazon Business Prime American Express Card*, offer an instant card number option.

Many business cards in the Capital One lineup also say you’ll receive a decision in seconds after submitting your application. Conveniently, both issuers offer some fantastic options for small businesses looking to earn on their spending as soon as they get approved.

Here are some of the best business cards that offer instant approval:

• The Blue Business® Plus Credit Card from American Express (No annual fee) (Terms apply, see rates & fees): If you want a business card quickly, this can be a good option since Amex can provide expedited shipping and virtual card access for a fast turnaround.
• The American Express Blue Business Cash™ Card (No annual fee) (Terms apply, see rates & fees): After receiving your decision in as little as 30 seconds, enjoy earning 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.
• Bank of America® Business Advantage Unlimited Cash Rewards Secured credit card* ($0 annual fee): Since this card is secured with a cash deposit of at least $1,000, a business with readily available assets may be able to get the card quickly.
• Capital One Spark Miles Select for Business* ($0 annual fee): If you’re looking for a no annual fee, miles-earning, instant approval option, the Spark Miles Select has you covered.
• Capital One® Spark® Classic for Business* ($0 annual fee): If you don’t have excellent credit, the Spark Classic considers applications from anyone with fair credit or better, which might mean you qualify for preapproval.
• Spark Cash Select from Capital One* ($0 annual fee): You’ll get a decision in seconds, and once you do, you’ll enjoy unlimited 1.5% cash back on every purchase.
• Capital One Spark Miles for Business* ($0 intro for the first year; $95 after that): Similar to the personal Capital One Venture Rewards Credit Card, you’ll earn 2 miles per dollar on all purchases after instant approval.
• American Express® Business Gold Card ($375 annual fee) (Terms apply, see rates & fees): The Business Gold combines valuable statement credits with sky-high earning potential.
• The Business Platinum Card® from American Express ($695 annual fee) (Terms apply, see rates & fees): For businesses with significant expenses, the Business Platinum could be a great option, as long as you can utilize the statement credits.

All information about Amazon Business American Express Card, Amazon Business Prime American Express Card has been collected independently by Forbes Advisor

Personal credit cards will often offer preapproval options through the issuer’s website to get an idea of cards you might be approved for without having to do a hard credit check. Unfortunately, most business cards don’t offer this.

If you want to go the preapproval route for a business credit card, you’ll need to talk to a representative with the card issuer in the branch or by phone. After running some basic information and numbers, they will give you an idea of what cards and offers might be available to you. However, if you have an existing relationship with an issuer, you might receive targeted offers in the mail or through your portal.

Instant approval, on the other hand, will require that you fill out an application, undergo a hard credit inquiry and receive an immediate decision on whether you’ve been approved. These credit cards are good options for those looking to access credit quickly but still don’t fulfill the main function of personal preapprovals—knowing which cards you’ll likely be approved for before a hard credit pull. Still, many American Express and Capital One business cards will tell you whether you’ve been approved in seconds.

Typically, card issuers don’t set a specific minimum credit score required for instant approval. Instead, they look at a broader financial picture, including factors such as your business revenue, projected spending and years in business. However, many cards are structured specifically for those with fair, good or excellent credit, and you can find these guidelines on the card’s information or application page.

The higher your credit score, the lower your debt and the higher your revenue, the better your chances of getting an instant approval business card. When you’re ready to apply, it’ll look very similar to any other credit card application—simply fill out the requested information. If approved for the card, you’ll be notified immediately, if eligible.

Neither preapproval nor prequalification is as common with business cards as with personal cards. If you need a new card fast, focusing on cards that offer instant approval is your best option. Although you risk temporarily lowering your score with a hard pull on your credit, you get the option of getting a new card in seconds.

Forbes Advisor’s Credit Cards Writer Becky Pokora contributed to this article.

To view rates and fees for The Blue Business® Plus Credit Card from American Express please visit this page.
To view rates and fees for The American Express Blue Business Cash™ Card please visit this page.
To view rates and fees for American Express® Business Gold Card please visit this page.
To view rates and fees for The Business Platinum Card® from American Express please visit this page.