If you run an ecommerce business, you know how important it is to have a reliable and convenient way to accept payments from your customers. You also need a credit card that can help you manage your cash flow, expenses, and rewards. But with so many credit cards available in the market, how do you choose the best one for your online business?
In this guide, we will review 10 of the best credit cards for ecommerce in 2024, based on their features, fees, rewards, and customer reviews. We will also give you some tips on how to compare and choose the right credit card for your ecommerce business.
Table of Contents
What are the 10 Best Credit Cards for Ecommerce Review in 2024?
The 10 best credit cards for ecommerce review in 2024 are:
- Chase Ink Business Preferred – Best for travel rewards https://bestcreditcards3.com/how-to-redeem-bank-of-america-travel-rewards/and sign-up bonus
- American Express Blue Business Plus – Best for no annual fee and 0% intro APR
- Capital One Spark Cash for Business – Best for flat-rate cash back and unlimited rewards
- Discover it Business Card – Best for cash back match and free employee cards
- Bank of America Business Advantage Cash Rewards – Best for online shopping and gas rewards
- Citi Business Advantage Platinum Select – Best for airline rewards and free checked bags
- Wells Fargo Business Platinum – Best for low interest rate and flexible rewards
- PayPal Business Debit Mastercard – Best for PayPal integration and cash back at select merchants
- Stripe Corporate Card – Best for Stripe integration and customized rewards
- Shopify Capital Card – Best for Shopify integration and ecommerce-specific rewards
Let’s take a closer look at each of these credit cards and see what they offer for your ecommerce business.
1. Chase Ink Business Preferred
The Chase Ink Business Preferred is one of the best credit cards for ecommerce businesses that travel frequently or want to earn travel rewards. It offers a generous sign-up bonus of 100,000 points (worth $1,250 in travel) after spending $15,000 in the first 3 months. It also earns 3 points per dollar on the first $150,000 spent each year on travel, shipping, internet, cable, phone, and advertising purchases with social media and search engines. All other purchases earn 1 point per dollar. You can redeem your points for travel, cash back, gift cards, or transfer them to Chase’s travel partners. The card has a $95 annual fee and a variable APR of 15.99% – 20.99%.
Pros
- Huge sign-up bonus
- High rewards rate on travel and ecommerce-related categories
- Flexible redemption options
- Transferable points to travel partners
- No foreign transaction fees
- Cell phone protection
Cons
- Annual fee
- Spending cap on bonus categories
- No 0% intro APR
2. American Express Blue Business Plus
The American Express Blue Business Plus is one of the best credit cards for ecommerce businesses that want to save on interest and fees. It offers a 0% intro APR on purchases and balance transfers for the first 12 months, after which it has a variable APR of 13.24% – 19.24%. It also has no annual fee and no category restrictions. You earn 2 points per dollar on the first $50,000 spent each year, and 1 point per dollar thereafter. You can redeem your points for travel, cash back, gift cards, or transfer them to Amex’s travel partners. The card also comes with benefits such as purchase protection, extended warranty, and free employee cards.
Pros
- No annual fee
- 0% intro APR on purchases and balance transfers
- Flat-rate rewards on all purchases
- Flexible redemption options
- Transferable points to travel partners
- Free employee cards
Cons
- Spending cap on bonus rate
- Foreign transaction fees
- No sign-up bonus
3. Capital One Spark Cash for Business
The Capital One Spark Cash for Business is one of the best credit cards for ecommerce businesses that want to earn simple and unlimited cash back. It offers a flat-rate of 2% cash back on every purchase, with no caps or categories. It also has a sign-up bonus of $500 after spending $4,500 in the first 3 months. You can redeem your cash back for any amount, anytime, with no expiration. The card has a $95 annual fee, which is waived for the first year, and a variable APR of 20.99%. It also has benefits such as fraud protection, purchase security, extended warranty, and no foreign transaction fees.
Pros
- Flat-rate and unlimited cash back
- Easy redemption
- No foreign transaction fees
- Sign-up bonus
- First year annual fee waived
Cons
- Annual fee after the first year
- High APR
- No 0% intro APR
4. Discover it Business Card
The Discover it Business Card is one of the best credit cards for ecommerce businesses that want to maximize their cash back potential. It offers 1.5% cash back on every purchase, with no caps or categories. It also has a unique feature that matches all the cash back you earn in the first year, effectively doubling your rewards. You can redeem your cash back for any amount, anytime, with no expiration. The card has no annual fee and a variable APR of 12.99% – 20.99%. It also has benefits such as free employee cards, free social security number alerts, and free FICO score.
Pros
- No annual fee
- Cash back match in the first year
- Easy redemption
- Free employee cards
- Free FICO score
Cons
- No sign-up bonus
- No bonus categories
- Foreign transaction fees
- No 0% intro APR
5. Bank of America Business Advantage Cash Rewards
The Bank of America Business Advantage Cash Rewards is one of the best credit cards for ecommerce businesses that want to earn cash back on online shopping and gas. It offers 3% cash back on a category of your choice, which includes online shopping, gas, office supplies, travel, TV/telecom, and computer services. It also offers 2% cash back on dining and 1% cash back on everything else. You can earn 3% and 2% cash back on the first $50,000 spent each year, and 1% cash back thereafter. You can redeem your cash back for statement credit, check, or deposit into a Bank of America account. The card has no annual fee and a 0% intro APR on purchases for the first 9 billing cycles, after which it has a variable APR of 12.24% – 22.24%. It also has a sign-up bonus of $300 after spending $3,000 in the first 90 days.
Pros
- No annual fee
- 0% intro APR on purchases
- Choose your own 3% cash back category
- Online shopping as a bonus category
- Sign-up bonus
Cons
- Spending cap on bonus categories
- Foreign transaction fees
- Redemption limited to Bank of America accounts
6. Citi Business Advantage Platinum Select
The Citi Business Advantage Platinum Select is one of the best credit cards for ecommerce businesses that fly frequently with American Airlines or its partners. It offers 2 miles per dollar on American Airlines purchases, cable and satellite providers, gas stations, and select telecom merchants. It also offers 1 mile per dollar on everything else. You can redeem your miles for flights, upgrades, car rentals, hotels, gift cards, and more. The card has a $99 annual fee, which is waived for the first year, and a variable APR of 15.99% – 24.99%. It also has a sign-up bonus of 65,000 miles after spending $4,000 in the first 4 months. The card also comes with benefits such as free checked bag, priority boarding, 25% savings on inflight purchases, and no foreign transaction fees.
Pros
- First year annual fee waived
- Sign-up bonus
- Free checked bag and priority boarding
- No foreign transaction fees
- Cable and satellite providers as a bonus category
Cons
- Annual fee after the first year
- Miles limited to American Airlines and partners
- No 0% intro APR
7. Wells Fargo Business Platinum
The Wells Fargo Business Platinum is one of the best credit cards for ecommerce businesses that want to enjoy a low interest rate and flexible rewards. It offers a variable APR of prime + 7.99%, which is currently 10.24%. It also lets you choose between cash back or points as your reward option. If you choose cash back, you earn 1.5% cash back on every purchase, with no caps or categories. If you choose points, you earn 1 point per dollar on every purchase, plus 1,000 bonus points for every month you spend $1,000 or more. You can redeem your cash back or points for statement credit, check, direct deposit, gift cards, travel, and more.
Pros:
- Competitive variable APR
- Choose between cash back or points
- No caps or categories for cash back
Cons:
- Rewards structure choice required
- No sign-up bonus mentioned
8. PayPal Business Debit Mastercard
The PayPal Business Debit Mastercard is one of the best credit cards for ecommerce businesses that use PayPal as their payment processor or online wallet. It offers 1% cash back on every purchase, with no caps or categories. It also has no annual fee and no foreign transaction fees. You can access your PayPal balance instantly with the card, and withdraw cash from over 33,000 MoneyPass ATMs nationwide for free. The card also comes with benefits such as purchase protection, extended warranty, and Mastercard Easy Savings.
Pros
- No annual fee
- No foreign transaction fees
- 1% cash back on every purchase
- Instant access to PayPal balance
- Free ATM withdrawals
Cons
- High APR of 29.99%
- No sign-up bonus
- No 0% intro APR
- Requires a PayPal account
9. Stripe Corporate Card
The Stripe Corporate Card is one of the best credit cards for ecommerce businesses that use Stripe as their payment processor or online platform. It offers customized rewards based on your business needs and spending patterns. You can choose from categories such as software, travel, ads, shipping, and more. You can also earn up to 20% cash back on select partners, such as Amazon Web Services, Slack, Shopify, and Zoom. The card has no annual fee, no foreign transaction fees, and no interest charges. You can pay your balance in full every month or carry a balance with a 10.99% – 19.99% APR. The card also comes with benefits such as purchase protection, extended warranty, and virtual cards.
Pros
- No annual fee
- No foreign transaction fees
- Customized rewards
- Up to 20% cash back on select partners
- No interest charges if paid in full
- Virtual cards
Cons
- Requires a Stripe account
- No sign-up bonus
- No 0% intro APR
- Limited availability
10. Shopify Capital Card
The Shopify Capital Card is one of the best credit cards for ecommerce businesses that use Shopify as their online store or platform. It offers 2% cash back on every purchase, with no caps or categories. It also has no annual fee and no foreign transaction fees. You can access your Shopify balance instantly with the card, and use it to pay for your Shopify fees, subscriptions, and apps. The card also comes with benefits such as purchase protection, extended warranty, and Shopify-specific rewards.
Pros
- No annual fee
- No foreign transaction fees
- 2% cash back on every purchase
- Instant access to Shopify balance
- Shopify-specific rewards
Cons
- High APR of 24.99%
- No sign-up bonus
- No 0% intro APR
- Requires a Shopify account
How to Choose the Right Credit Card for Your Ecommerce Business
Now that you have seen 10 of the best credit cards for ecommerce review in 2024, how do you decide which one is right for your online business? Here are some factors to consider:
- Your spending habits: How much do you spend on your ecommerce business each month, and what are the main categories of your expenses? Do you need a high credit limit, a low interest rate, or a 0% intro APR? Do you travel frequently or make purchases in foreign currencies?
- Your rewards preferences: What kind of rewards do you want to earn from your ecommerce business? Do you prefer cash back, points, miles, or gift cards? Do you want to redeem your rewards for travel, statement credit, or other options? Do you want to transfer your rewards to other loyalty programs or partners?
- Your business needs: What are the specific needs of your ecommerce business? Do you use a certain payment processor, online platform, or software service? Do you need free employee cards, virtual cards, or purchase protection? Do you want to access your online balance instantly or withdraw cash from ATMs?
- Your card fees: How much are you willing to pay for your ecommerce credit card? Do you mind paying an annual fee, foreign transaction fees, or interest charges? Do you want to avoid late fees, overlimit fees, or returned payment fees?
By comparing these factors, you can narrow down your choices and find the best credit card for your ecommerce business in 2024.
FAQs
Here are some frequently asked questions about the best credit cards for ecommerce review in 2024:
Q: What is the best credit card for ecommerce businesses with no annual fee?
A: The best credit card for ecommerce businesses with no annual fee depends on your spending habits and rewards preferences. Some of the best options are the American Express Blue Business Plus, the Discover it Business Card, the Bank of America Business Advantage Cash Rewards, and the PayPal Business Debit Mastercard.
Q: What is the best credit card for ecommerce businesses with travel rewards?
A: The best credit card for ecommerce businesses with travel rewards depends on your travel habits and loyalty preferences. Some of the best options are the Chase Ink Business Preferred, the American Express Business Gold Card, and the Citi Business Advantage Platinum Select.
Q: What is the best credit card for ecommerce businesses with cash back rewards?
A: The best credit card for ecommerce businesses with cash back rewards depends on your spending categories and redemption preferences. Some of the best options are the Capital One Spark Cash for Business, the Discover it Business Card, the Bank of America Business Advantage Cash Rewards, and the Shopify Capital Card.
Q: What is the best credit card for ecommerce businesses with integration benefits?
A: The best credit card for ecommerce businesses with integration benefits depends on your online platform and service preferences. Some of the best options are the PayPal Business Debit Mastercard, the Stripe Corporate Card, and the Shopify Capital Card.
Conclusion
Choosing the best credit card for your ecommerce business in 2024 can be a daunting task, but it can also be a rewarding one. By comparing the features, fees, rewards, and benefits of different credit cards, you can find the one that suits your online business needs and goals. Whether you want to save money, earn rewards, or enjoy integration benefits, there is a credit card for you. We hope this guide has helped you review 10 of the best credit cards for ecommerce in 2024 and find the right one for your online business. Happy shopping!