Canada’s best credit cards for business – July 2025

Updated Jul 1, 2025

Discover Canada’s best credit cards for business, offering unparalleled benefits such as cash back, travel rewards and financial management tools tailored to entrepreneurs. Maximize your potential with these powerful options.

Best Small Business Credit Cards

Here’s a table summarizing the different SMB credit card offers. For more details, read on or click on the small business credit card you are interested in.

Travel rewards

Business Platinum Card® from American Express

Earn up to 200,000 points with this welcome offer for the Business Platinum Card from American Express :

  • 110,000 Membership Rewards points after charging $15,000 in net purchases to your Card in the first 3 months of signing up
  • 60,000 Membership Rewards points after you have charged a total of $90,000 to your Card in the first 12 months of membership
  • 30,000 additional points if you make a purchase between the 15th and 17th month following sign up

You can use your Membership Rewards points in many ways:

  • Transfer your points to airline partners: Aeroplan Avios (British Airways, Qatar Airways, Finnair, Iberia), Flying Blue, Delta Skymiles, etc.
  • Transfer your points to hotel programs (Hilton Honors, Marriott Bonvoy)
  • Redeem your points for statement credits to offset any eligible purchase charged to your Card (1,000 points = $10)
  • And more!

200,000 points have a minimum value of $2,000 for a Statement credit, and much more if you transfer your points to partners.

For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to :

  • 200,000 Aeroplan points
  • 200,000 Avios
  • 150,000 Flying Blue Miles
  • 240,000 Marriott Bonvoy points

With this Card, you earn 1.25 Membership Rewards points per dollar on all purchases. What’s more, you’ll enjoy a host of travel and business benefits:

  • Complimentary & unlimited access for you and one additional traveller to over 1,400 airport lounges in more than 130 countries.
  • $200 Annual travel credit
  • $100 Card Statement Credit for Nexus
  • Marriott Bonvoy Gold Elite status
  • Hilton Honors Gold Elite status
  • Access to the Fine Hotels and Resorts program
  • Up to $120 in eligible Wireless Credits each year

With this Card you can maximize your cash flow with up to 55 interest free days. It is a card that is particularly appreciated by contractors when making large purchases in home improvement stores, for example.

Last but not least, Business Platinum Card® from American Express offers a wide range of insurance coverage: rental car theft and damage, $500,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delays and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.

Like all American Express Canada Cards, there is no minimum income requirement.

Scotiabank PassportMD Business Visa Infinite* Card

With the Scotiabank Passport Visa Infinite* Business Card, you can earn up to 40,000 Scene+ points as a welcome bonus:

  • 30,000 points after $5,000 in purchases during the first 3 months
  • 10,000 points after $60,000 in purchases during the first 12 months

With the Scotiabank Passport Visa Infinite Business Card, you pay no conversion fees for foreign currency transactions.

You’ll also benefit from six complimentary worldwide airport lounge passes per year .

American Express® Business Gold Rewards Card®

Earn up to 100,000 Membership Rewards points* with the best welcome offer of the year for the American Express Business Gold Rewards Card:

  • 40,000 Membership Rewards points after $7,500 in purchases in the first 3 months
  • 40,000 additional Membership Rewards points after a total of $30,000 in purchases during the first 12 months
  • 20,000 bonus points if you make a purchase between the 15th and 17th month

The offer ends on August 18, 2025, so don’t miss out!

With this Card, you earn 1 Membership Rewards point per dollar on your purchases.

You can then use your points in many ways:

  • Statement credit for travel purchases
  • Statement credit for all purchases
  • Transfer to partner programs (Aeroplan, British Airways Executive Club, Delta Skymiles, Flying Blue, Marriott Bonvoy, Hilton Honors, etc.).
  • Book your flight with American Express Travel at a special rate

For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to:

  • 100,000 Aeroplan points
  • 100,000 Avios
  • 75,000 Flying Blue Miles
  • 120,000 Marriott Bonvoy points

Alternatively, 100,000 Membership Rewards points can be redeemed for $1,000 worth of statement credit.

Also, as a cardmember, you get many advantages such as up to 55 interest-free days to maximize your cash flow.

Finally, you are covered with reliable insurance for your travels and purchases.

Like all American Express Canada Cards, there is no minimum income requirement.

BMO World Elite Business Mastercard

The BMO Ascend World Elite Business Mastercard is one of the best travel points-based Business Mastercard® credit cards in Canada. You can earn up to 100,000 points as a welcome bonus:

  • 20,000 points on your first purchase within 75 days of account opening;
  • 8,000 points per month when you spend at least $3,000 per monthly period, from the 3rd to the 12th month following account opening (for a total of 80,000 points).

Plus, there’s no annual fee for the first year! And you get 2 free annual visits to DragonPass airport lounges.

You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).

With the BMO Ascend World Elite®* Business Mastercard, you earn 4 points for every dollar spent on:

  • gas purchases
  • office supplies
  • cell phone/internet payments

And 1.5 points for every dollar you spend, including at Costco or for significant purchases at home improvement stores.

You can use BMO Rewards points for all travel purchases made through theagency or website of your choice (airline tickets, hotels, car rentals, all-inclusives, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

You can also combine the points you earn with the other two BMO Rewards cards to save even more on your travels.

With the BMO Rewards® World Elite®* Business Mastercard® for Business, you benefit from various travel protections:

  • Collision Damage Waiver
  • Car Rental Personal Effects & Business Property
  • Car Rental Accidental Death & Dismemberment
  • Baggage & Personal Effects
  • Baggage insurance in case of delay
  • Flight Cancellation
  • Trip Interruption/Trip Delay
  • Flight delay
  • Common Carrier Insurance

And for your purchases :

  • Extended Warranty
  • Purchase Protection

Hotel points

Marriott Bonvoy Business American Express Card

The Marriott Bonvoy® Business American Express®* Card is the best credit card for the self-employed, professionals and small business owners who travel.

With this welcome offer, you can earn up to 130,000 Marriott Bonvoy points:

  • Earn 75,000 points after you spend $6,000 on your Card in your first 3 months of Cardmembership.
  • Earn an additional 40,000 points after you spend a total of $30,000 on your card in your first 12 months of Cardmembership.
  • Plus, earn 15,000 points when you make a purchase between 15 and 17 months of Cardmembership.

Take advantage of this exceptional offer before August 18, 2025!

It’s a card we recommend you keep, because each year at renewal, you’ll get an Annual Free Night Award for up to 35,000 points, plus 15 Elite nights per year, counting towards your Marriott Bonvoy Elite status.

With this Card, you earn 5 points per dollar on all purchases at Marriott Bonvoy properties. And you can earn 3 points per dollar for:

  • Gas
  • Dining
  • Travel

And 2 points per dollar on all other purchases.

Like all American Express Canada Cards, there is no minimum income requirement.

Aeroplan

American Express® Aeroplan®* Business Reserve Card

With this welcome offer for American Express® Aeroplan®* Business Reserve Card, you can earn up to 140,000 Aeroplan points.

Here’s how:

  • Earn 65,000 points after you spend $10,500 on your Card in your first 3 months of Cardmembership
  • Earn an additional 45,000 points after you spend a total of $75,000 on your Card in your first 12 months of Cardmembership.
  • Plus, earn 30,000 points when you make a purchase between 15 and 17 months of Cardmembership.

Take advantage of this exceptional offer before August 18, 2025!

With this Card, you earn 3X the points on purchases made directly with Air Canada and Air Canada Vacations. And 2X the points on hotels and car rentals. Everywhere else, you will earn 1.25X the points.

With this Card, you benefit from many Air Canada travel benefits such as access to Maple Leaf lounges in North America for you and one guest, priority check-in, priority boarding and priority baggage handling.

Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.

Like all American Express Canada Cards, there is no minimum income requirement.

Cash Back

Carte Visa Momentum Scotia pour entreprise

The Scotia Momentum for business Visa Card is one of the best cash back options for business owners in Canada.

You can earn up to 3% cash back on your business expenses:

  • 3% cash back at gas stations, restaurants and office supply stores
  • 3% on recurring payments
  • 1% on all other eligible purchases

What’s more, you currently benefit from an introductory rate of 2.99% on balance transfers for the first six months.

With the Scotia Momentum for business Visa Card, you also benefit from protections for your purchases:

  • Purchase Protection
  • Extended warranty

The card also offers practical financial management tools for your business:

  • Detailed expense reports
  • Flexible payment options
  • Interest-free grace period of up to 25 days
  • Access to online statements
  • Possibility of adding additional cards for your employees ($29 per card)

BMO CashBack® Business Mastercard®*

The BMO CashBack Mastercard for Business is one of the best cashback Mastercard credit cards in Canada.

You can get a 10% discount for three months on purchases:

  • gas purchases
  • office supplies
  • cell phone/internet payments

After that, you’ll get 1.5% on these purchases and 1.75% at Shell.

You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).

Carte Visa Affaires Home Hardware PRO Scotia

Avec la Carte Visa* Affaires Home Hardware PRO Scotiaᴹᴰ, vous pouvez obtenir jusqu’à 15 000 points Scène+ en prime la première année (soit jusqu’à 150 $ en récompenses) en portant au moins 1 500 $ d’achat chez Home Hardware dans les 3 premiers mois suivants votre adhésion. 

Cette carte vous permet d’obtenir 1 point Scène+ par dollar d’achat d’entreprise admissible chez Home Hardware, échangeables contre des récompenses utiles à votre entreprise : voyages d’affaires, rénovations, divertissements, épicerie, cartes-cadeaux, technologie ou crédits de relevé.

Avec la Carte Visa* Affaires Home Hardware PRO Scotiaᴹᴰ, vous profitez d’un délai de grâce de 21 jours sans intérêt sur vos nouveaux achats, d’économies sur vos achats grâce à Visa SavingsEdge, ainsi que d’une réduction allant jusqu’à 25 % sur la location de véhicules AVIS et Budget.

AIR MILES

BMO AIR MILES World Elite Business Mastercard

The BMO AIR MILES® World Elite®* Business Mastercard is particularly attractive to AIR MILES collectors who want to keep their personal and business expenses separate.

You can earn a welcome bonus of 8,000 AIR MILES in your first year! In addition, there is no annual fee for the first year.

You earn 4x the Miles when you use your card at participating AIR MILES Partners. And 1 Mile for every $12 you spend everywhere else, including Costco.

With the BMO AIR MILES World Elite Business Mastercard, you benefit from a variety of travel protections:

  • Collision Damage Waiver
  • Car Rental Personal Effects & Business Property
  • Car Rental Accidental Death & Dismemberment
  • Baggage & Personal Effects
  • Baggage insurance in case of delay
  • Flight Cancellation
  • Trip Interruption/Trip Delay
  • Flight delay
  • Common Carrier Insurance

And for your purchases:

  • Extended Warranty
  • Purchase Protection

BMO® AIR MILES® No-Fee Business Mastercard®*

The BMO® AIR MILES® No-Fee Business Mastercard®* is the only AIR MILES Mastercard for Business credit card with no annual fee.

For a limited time, you’ll receive 2,000 AIR MILES as a welcome bonus!

You earn 1 AIR MILES Reward Mile on every $20 you spend, including at Costco. And 1.25X the Miles at Shell.

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