Best Business Credit Cards In Canada For 2026
The best credit cards with perks and rewards for businesses.
The RBC Avion Visa Infinite Business is Canada's best business credit card, offering a 25,000 point welcome bonus and valuable, versatile rewards. However, if you don't meet the card's steep income requirements, there are still a few other top-tier cards to consider.
| Credit card | Annual fee | Current welcome offer | |
|---|---|---|---|
| #1 | RBC Avion Visa Infinite Business | $175 | 25,000 bonus points (terms) |
| #2 | Scotiabank Passport Visa Infinite Business Card | $199 | Up to 40,000 bonus points (terms) |
| #3 | CIBC Aeroplan Visa Business Card | $180 | Up to 60,000 bonus points (terms) |
The best business credit cards include features such as complimentary hotel stays, business management tools, no fees for adding authorized users, and rewards that can be applied to flights.
Here, you'll find detailed information about your best business card options, so you can feel confident choosing one that fits your unique business needs.
Key Takeaways
- The best business credit card is the RBC Avion Visa Infinite Business.
- Business credit cards offer a few extra perks that personal credit cards do not.
- Canada's major banks offer a variety of business credit cards with varying fees, rewards, and perks.
- Some business credit cards include business management tools like expense reports and accounting software.
The best business credit cards in Canada
Our Gold award for the #1 business card in Canada goes to the RBC Avion Visa Infinite Business, thanks to its top-notch insurance, generous welcome bonus, and high reward value.
Our Silver award goes to the Scotiabank Passport® Visa Infinite Business* Card for its lounge access, elevated rewards, and lack of foreign exchange fees.
And our Bronze award goes to the CIBC Aeroplan Visa Business Card for its Air Canada benefits and comprehensive travel insurance designed to keep your employees safe while travelling.
However, there are plenty of other excellent business cards for small to medium-sized Canadian companies. The Marriott Bonvoy Business American Express Card, for example, is ideal if your company prefers to stay at Marriott Bonvoy properties, which include major chains such as Courtyard by Marriott, Aloft Hotels, Fairfield Inn, and more.
If you need a business card that specializes further than our general rankings, check out our best travel business card, best no-fee business card, and best cash back business card pages.
Canada's best business credit card: RBC Avion Visa Infinite Business
The RBC Avion Visa Infinite Business is our top business card – and for good reason. From comprehensive insurance to flexible rewards (and even a few perks), it provides a platform for companies to take the next step.
While the RBC Avion Visa Infinite Business only earns 1.25 points per $1 spent on the first $75,000 in annual charges, those points are valuable. Each Avion Rewards point actually has a value of around 2.91% per $1 spent, meaning those small-looking rewards numbers take you much further than you might think. It also offers a straightforward welcome bonus worth up to $582.5, making the card's $175 annual fee easily worth it.
There's also a full suite of insurance, travel, and business protections, including 12 types of insurance, Petro-Canada fuel savings, Priority Pass airport lounge membership, and RBC Online Banking for business access for easy account management.
Silver award business credit card: Scotiabank Passport Visa Infinite Business Card
×2 Award winner 
If your company wants straightforward rewards, look no further than the Scotiabank Passport® Visa Infinite Business* Card. The card earns an uncomplicated 1.5x points on all business purchases, and comes with a lucrative welcome bonus worth up to $400.
For travellers, the card charges no foreign transaction fees, making it a great option should your employees travel abroad (or if you purchase software or supplies from the United States). Even better, the Scotiabank Passport Visa Infinite Business Card comes with six complimentary lounge passes through the Visa Airport Companion Program— making travel a breeze.
Bronze award business credit card: CIBC Aeroplan Visa Business Card
The CIBC Aeroplan Visa Business Card is an intriguing business card option for the company that frequently sends employees on trips and prefers to fly with Air Canada. For the $180 annual fee (plus $50 per additional employee card), companies earn up to 2x Aeroplan points on purchases (worth an average return rate of 2.23%), enjoy 4 complimentary Maple Leaf Lounge visits, and travel stress-free thanks to a free checked bag for the accountholder, any authorized employees, and up to eight guests on the same itinerary.
The best business card for hotels
If you want to earn free hotel nights, the Marriott Bonvoy Business American Express Card is the card for you. It starts with a valuable welcome bonus – up to 60,000 Marriott Bonvoy points after spending $5,00 in the first 3 months. And you'll continue earning points at the following rates:
- 5 points per $1 spent at Marriott properties
- 3 points per $1 spent on gas, dining, and travel
- 2 points per $1 spent on all other purchases
Every year on your card's anniversary, you'll get a free night certificate worth up to 35,000 points. Plus, your points are super flexible – you can use them to enjoy free hotel nights, transfer to over 40 airline partners, or book cars and flights directly through Marriott Bonvoy.
The perks are what really make this card stand out from other business travel cards. Use the free nights and points to lower your business costs or treat yourself to a little getaway paid for by your business spending.
Compare all top business credit cards by Genius Rating
Another way to compare business credit cards is by Genius Rating, which is determined by our unbiased algorithm. Here's how they rank, based on this rating system:
Awards are given out once a year but rating and rankings can shift throughout the year. The #1 card for 2026 is pinned to the top.
The Genius Rating methodology
We analyze over 126 features of each credit card and break them down into 7 main categories. Then, we run the information through our algorithm to calculate a score out of 5 – this is our Genius Rating. We use a monthly spending estimate of $2,000 to evenly compare the value of rewards between the cards.
- Rewards (54%)
- Fees (13%)
- Insurance (11%)
- Perks (11%)
- Interest (5%)
- Acceptance (3%)
- Approval (3%)
Learn more about our Genius Rating methodology
How to choose the right business credit card
Choosing the right business credit card starts with checking the eligibility criteria to eliminate options that aren't a fit for your company. From there, weigh the costs: an annual fee should be offset by the rewards or perks you (or your employees) will actually use.
Pick a card whose rewards structure aligns with your biggest expense categories and offers a solid welcome bonus, while also providing the insurance coverage (travel, purchase protection, etc.) you need. If you travel or make international purchases, a card with no foreign‑transaction fees will save you money.
In short, balance eligibility, cost, and the specific rewards/benefits that matter most to your business.
Rewards
Once you know you're eligible for a card, look at its reward systems and any welcome bonuses they might be offering to see if they align with your business goals. If a card's rewards system is mainly centred around travelling and your business doesn't require taking trips, you may want to consider a cash back card.
One thing to keep in mind is that while a welcome bonus can be enticing, its value is usually limited to the first year, so consider the card's ongoing rewards after the first year.
Next, look at the redemption flexibility and associated costs. Programs like Scene+ provide greater flexibility for companies looking to redeem points for cash back, merchandise, or even groceries, while programs like Aeroplan, Avion, and Marriott Bonvoy are more geared toward travel redemptions. As a rule of thumb, travel awards are more valuable, while cash back and merchandise tend to offer lower value (and greater flexibility) when redeeming.
Fees
As with other credit cards, annual fees for business cards can range from zero to several hundred dollars. But since business credit cards are also issued to other employees, you should also factor in the cost for adding authorized users to the account, which typically costs around $50 per user. While that fee might seem excessive, perks like lounge access and insurance typically apply to all cardholders, meaning companies can save big by linking multiple cards to a single account.
But there are other fees you need to be wary of – most importantly, the foreign transaction (or foreign exchange) fee. Where the Scotiabank Passport Visa Infinite Business Card shines is in its lack of a foreign transaction fee. Most cards charge a fee of 2.5% of the total transaction amount when you make a purchase in a currency other than Canadian dollars, so the lack of a fee with the Scotiabank Passport Visa Infinite Business Card means businesses that shop abroad frequently can save a lot of money.
Approval
When you apply for a business credit card, it's essential that both your personal and business credit scores are in the good range (660 - 724) or higher. That's because your company's credit card account will become your responsibility if it defaults or falls behind on payments.
Beyond credit health, here are two questions to ask yourself to see if your company qualifies for a business credit card in Canada:
- Do you have a registered business? You need a business that is officially recognized by the Government of Canada and has your business registration number.
- Do you have all your documentation? You may need to provide tax documents and other financial statements when applying for a business card. You'll need to provide information about your company's revenue, expenses, and taxes.
Perks
While many business credit cards lack the sort of everyday perks you find with personal credit cards, many cards do provide essential benefits such as fuel savings at eligible gas stations or rental car elite status. Additionally, many banks offer companies integrated expense‑tracking dashboards and employee spend limits.
More premium business cards (especially business travel cards) may offer enhanced benefits, such as airport lounge access, hotel credits, or airline-based benefits (such as priority baggage, boarding, or standby).
For example, both the Scotiabank Passport Visa Infinite Business Card and CIBC Aeroplan Visa Business Card offer airport lounge access (though the CIBC Aeroplan Visa Business Card only provides access to Maple Leaf Lounges in Canada). In contrast, the Marriott Bonvoy Business American Express Card provides a free night certificate each year and 3 cents per litre savings on fuel at Petro-Canada.
Insurance
Like personal credit cards, business cards provide a full suite of insurance protections, though just how much insurance you'll get depends on the tier and annual fee of your credit card.
More basic, no-fee options typically provide only the basics, such as extended warranty and purchase protection.
However, premium and upper-tier business travel cards may provide the same exceptional coverage that the personal version offers, including:
| RBC Avion Visa Infinite Business | Scotiabank Passport® Visa Infinite Business* Card | CIBC Aeroplan Visa Business Card | Marriott Bonvoy Business American Express Card | |
|---|---|---|---|---|
| Travel accident | $500,000 | $500,000 | $500,000 | $500,000 |
| Emergency medical | N/A | 25 days | N/A | N/A |
| Trip cancellation/interruption | $1,500/$5,000 | $2,500 | $1,000/$2,000 | N/A |
| Flight delay | $500 | $500 | $500 | $500 |
| Baggage delay | $500 | $1,000 | $500 | $500 |
| Hotel burglary | $2,500 | $1,000 | N/A | $500 |
| Rental car | Yes | Yes | Yes | Yes |
| Mobile device | N/A | N/A | N/A | $1,000 |
Travel insurance benefits, such as rental car coverage and flight/baggage delay insurance, offer tremendous value for companies that plan to issue multiple employee cards, as these benefits often extend to employee cards. This means companies enjoy greater peace of mind when employees are travelling on business.
Interest rates
Business credit cards tend to have lower interest rates than personal credit cards. That's because many banks take your company's credit score and revenue into account when you apply for a new card. As a result, companies can anticipate a regular purchase rate starting around 12.99% and rising to 22.99%.
Business credit cards, explained
Business credit cards aren't much different than personal credit cards – but they do have a few features more suited for businesses, such as extended grace periods. The typical grace period before interest is charged on purchases is around 21 days, though some business cards offer up to 55 days before interest starts accruing.
Many business credit cards offer valuable insurance coverage and spending limits that readjust over time, so your card limit grows as your business does.
Types of business credit cards
Most business cards are divided into 2 types based on the size of the business: small business credit cards or corporate credit cards.
For our purposes, we typically focus on small business credit card options. With these, liability for the card's use falls on the business owner, which can affect their personal credit score.
Corporate business cards, on the other hand, don't require the business owner to be liable for purchases. Since corporate credit cards are reserved for multi-million dollar businesses, we're just covering small business credit cards.
Pros and cons of business credit cards
If you're still undecided about whether you need a business credit card, consider the following pros and cons.
- Makes expense tracking easier. You'll get a dedicated card to track business expenses and payments, making accounting easier. Plus, many cards offer customized reports to help you manage expenses.
- Protections in case of employee abuse. If you need to issue credit cards to employees, the card issuers cover you if your employees make unauthorized purchases on the account (usually up to a certain amount per year).
- Not tied to your personal credit score. You may need to use your personal credit score to get approved for a card, but business credit card use won't affect your credit score.
- Rewards aren't as good as personal credit cards. While rewards can be lacking, business credit cards usually have an advantage over personal cards – and that's getting office supplies. Many business cards have a special earning category.
- Limited selection of cards. Of the
231 cards that we track, only 13% are business cards, and they're only issued by the major credit card companies. Smaller issuers like Tangerine, MBNA, and Home Trust don't issue business cards, which means selection can be somewhat limited.
Can you use a personal credit card for business expenses?
It is possible to use a personal credit card for business expenses. If you aren't a sole proprietor, once you make purchases on the card, you can file an expense report or write an expense cheque to pay off the credit card via your business. Since every business is different, we recommend consulting with an accountant first.
FAQ
Which bank has the best business credit cards?
Of the best business credit cards on our list, all three were issued by the big banks: RBC, Scotiabank, and CIBC. However, the best credit card and banking institution for you depends on what you're looking for from a business card and which bank's site/mobile app you feel comfortable using.
Does Costco have a business credit card?
Yes, you can apply for a no-fee CIBC Costco Business Mastercard that earns 3% back on Costco gas and restaurants, 2% back on Costcobusinesscentre.ca, Costco.ca, shipping, insurance services, other gas stations, and EV charging. Costco and other purchases earn 1% back.
What is the easiest business credit card to qualify for?
Generally, American Express credit cards are easier to qualify for since they don't have income requirements. The BMO CashBack Business Mastercard is another business card that's easy to qualify for.
Does TD Bank have business credit cards?
Yes, TD Bank has 4 business credit cards, including the TD Aeroplan Visa Business Card and TD Business Travel Visa Card, but we found that they couldn't compete with the cards we featured on our list.
Editorial Disclaimer: The content here reflects the author's opinion alone. No bank, credit card issuer, rewards program, or other entity has reviewed, approved, or endorsed this content. For complete and updated product information please visit the product issuer's website. Our credit card scores and rankings are based on our Rating Methodology that takes into account 126+ features for each of 231 Canadian credit cards.
$100 GeniusCash + Earn up to 15,000 Welcome Bonus Membership Rewards® Points.*