A business credit card keeps your company's spending apart from yours, and the right one depends mostly on what you buy. A small business paying for supplies, gas and phone plans needs a different card than a consultant who flies every month.
The table below shows our selection. Further down, you will find the best pick for each need, then the full list of all 35 business cards, issuer by issuer.
Fees, welcome offers and rates checked on each issuer's website on October 21, 2026. Offers change often, so check the issuer's terms before you apply. Milesopedia may be paid when you get a card through our links; this does not change our picks by need.
Travel and points
Winner: the American Express Business Gold Rewards Card. For $199 a year, it earns 1 Membership Rewards point per dollar plus 10,000 points for each quarter with $20,000 in purchases, up to 40,000 extra points a year. Points transfer to Aeroplan at 1:1. Its welcome offer is worth up to 70,000 points.
Premium alternative: the Business Platinum Card from American Express. At $799, it earns 1.25 points per dollar, with a $200 annual travel credit and lounge access. Its offer is worth up to 120,000 points in two stages.
Visa alternative: the RBC Avion Visa Infinite Business Card. The $175 fee is rebated in the first year, and the offer is worth up to 100,000 Avion points on applications received by November 30, 2026. You earn 1.25 points per dollar on up to $75,000 in purchases a year.
American Express Business Gold Rewards Card →Business Platinum Card from American Express →RBC Avion Visa Infinite Business Card →American Express Business Cards: Which of the 4 to Choose? →Aeroplan
Winner: the TD Aeroplan Visa Business Card. Its $149 fee is rebated in the first year, for you and up to 2 additional cardholders. It earns 2 points per dollar with Air Canada and at participating Hyatt hotels, and 1.5 points on travel, dining and telecom. The offer is worth up to 60,000 Aeroplan points, and your first checked bag is free.
Premium alternative: the American Express Aeroplan Business Reserve Card. It earns 3 points per dollar with Air Canada, with an offer worth up to 120,000 points. Its fee goes from $599 to $799 on January 12, 2027, though, so run the numbers before you choose it.
TD Aeroplan Visa Business Card →American Express Aeroplan Business Reserve Card →Best Aeroplan credit cards →Hotels and WestJet
Winner for hotels: the Marriott Bonvoy Business American Express Card. For $150 a year, you earn 5 points per dollar at Marriott Bonvoy, a free night every year and Silver Elite status. The offer is worth up to 80,000 points.
Winner for WestJet: the WestJet RBC World Elite Mastercard for Business. For $175, you earn 3 WestJet points per dollar on WestJet flights and Sunwing Vacations, and on telecom and delivery. The offer is worth up to 100,000 points on applications received by November 30, 2026.
Marriott Bonvoy Business American Express Card →WestJet RBC World Elite Mastercard for Business →Gas, office supplies and telecom
Winner: the BMO Ascend World Elite Business Mastercard. It earns 4 points per dollar on gas, office supplies and phone and internet, up to $50,000 in purchases a year. The $175 fee is waived in the first year, and the offer is worth up to 150,000 points in three tiers, until June 2, 2027. Each employee card costs $50, and BMO requires $80,000 in personal income or one of its other conditions.
No-fee alternative: the BMO Ascend Business Mastercard. The same categories at 2 points per dollar, no annual fee, and 25,000 points after $3,000 in purchases in 110 days. You apply by appointment at a branch.
BMO Ascend World Elite Business Mastercard →BMO Ascend Business Mastercard →Cash back
Winner: the Scotia Momentum for business Visa Card. For $79 a year, it earns 3% on gas, restaurants, office supplies and recurring payments, and 2% on shipping and accounting, on up to $40,000 in purchases a year. The 5% offer, worth up to $325, ends October 31, 2026.
No-fee alternative: the TD Business Cash Back Visa Card. It earns 2% on gas, public transit, office supplies, recurring bills and streaming, up to $15,000 per category per year, then 0.5% on everything else. Cash back is paid once a year.
Scotia Momentum for business Visa Card →TD Business Cash Back Visa Card →Best cash back credit cards →No annual fee
Winner: the BMO CashBack Business Mastercard. No annual fee, 1.5% on gas, office supplies and phone and internet (on the first $1,000 per category per statement), and 0.75% on everything else. The offer gives 10% in those categories for 3 months, up to $150, plus 0% on balance transfers for 9 months (3% fee), on applications made by November 30, 2026.
Alternative: the RBC Business Cash Back Mastercard. No fee, 1% on all purchases and 2% for the first 3 statements. Cash back is capped at $650 a year.
Alternative: the Scotia Momentum for business No Fee Visa Card. 1% on everything, with no cap, and 10% on your first $1,500 in purchases over 3 months.
BMO CashBack Business Mastercard →RBC Business Cash Back Mastercard →Scotia Momentum for business No Fee Visa Card →Best no annual fee credit cards →Credit lines and low rates
Winner: the TD Business Select Rate Visa Card. No annual fee and a fixed 11.99% rate on purchases and cash advances. If you often carry a balance, the $49-a-year option lowers that rate to 8.99%. It earns no rewards.
Alternative: the RBC Visa CreditLine for Small Business Card. No fee, a variable rate of prime plus 2.9% to 11.9% depending on your credit file, and 1 Avion point for every $2.
Alternative: the ScotiaLine for business Visa Credit Card. No fee, and a variable rate starting at prime plus 1.99% to 9.49%, with a limit of up to $150,000 unsecured.
TD Business Select Rate Visa Card →RBC Visa CreditLine for Small Business Card →ScotiaLine for business Visa Credit Card →US dollar spending
Winner: the Scotiabank Passport Visa Infinite Business Card. It charges no foreign transaction fee, while most cards add 2.5%. On $20,000 in foreign currency purchases a year, you save $500, more than its $199 fee. You also earn 1.5 Scene+ points per dollar.
Alternative for US dollar billing: the Desjardins Visa US Business Card. It is billed in US dollars, costs US$30 a year and charges no fee on purchases in US dollars. You must already hold a Desjardins business credit card.
Alternative for points: the TD Business Travel Visa Card. It earns 6 TD Rewards points per dollar on foreign currency purchases, up to $80,000 a year. TD does not show its foreign transaction fee on the card page, so check it before you count on that rate.
Scotiabank Passport Visa Infinite Business Card →Desjardins Visa US Business Card →TD Business Travel Visa Card →Best no foreign transaction fee credit cards →All 35 cards, issuer by issuer
Annual fee and welcome offer as of October 21, 2026, from each issuer's website.
American Express: Business Platinum Card, $799, up to 120,000 points · Business Gold Rewards Card, $199, up to 70,000 points · Aeroplan Business Reserve Card, $599 ($799 from January 12, 2027), up to 120,000 points · Marriott Bonvoy Business Card, $150, up to 80,000 points.
RBC: Avion Visa Infinite Business, $175 rebated in year one, up to 100,000 points · WestJet World Elite Mastercard for Business, $175, up to 100,000 points · Avion Visa Business, $120, 35,000 points on approval · Business Cash Back Mastercard, $0, 2% for 3 statements · Visa CreditLine for Small Business, $0 · Visa Business, $12.
BMO: Ascend World Elite Business Mastercard, $175 waived in year one, up to 150,000 points · Blue Rewards World Elite Business Mastercard, $175 waived in year one, up to 150,000 Blue points · CashBack Business Mastercard, $0, 10% up to $150 · Ascend Business Mastercard, $0, 25,000 points · Blue Rewards Mastercard for Business, $0, 30,000 Blue points.
Scotiabank: Passport Visa Infinite Business, $199, up to 40,000 Scene+ points · Momentum for business Visa, $79, up to $325 · Momentum for business No Fee Visa, $0, up to $150 · Home Hardware PRO Visa Business, $0, 15,000 Scene+ points · ScotiaLine for business Visa, $0.
TD: Business Travel Visa, $149 rebated in year one, up to 200,000 TD Rewards points · Aeroplan Visa Business, $149 rebated in year one, up to 60,000 points · Business Cash Back Visa, $0 · Business Select Rate Visa, $0 (or $49 at 8.99%).
CIBC: Aventura Visa Card for Business, $180 (or $139), up to 70,000 points · Aeroplan Visa Business Card, $180 ($200 from January 12, 2027), up to 75,000 points · Costco Business Mastercard, $0, $100 bonus · bizline Visa Card, $0.
National Bank: Business Platinum Mastercard, $125 · Business Mastercard, $0 (or $30 at 14.5%) · Business Line Mastercard, $50 · Corporate Mastercard, $35 per card.
Desjardins: Visa Business, $60 per card, first year free · Visa Business Advantage, $25 per card · Visa US Business, US$30.
Best business bank accounts in Canada →Credit card comparison tool →How to choose your business card
Start with your three biggest spending categories. A card earning 4 points per dollar on gas and office supplies beats a card earning 1.25 points everywhere, as long as those purchases weigh heavily in your budget. Check the annual caps too: $40,000 on Scotia Momentum, $50,000 on BMO Ascend World Elite, $15,000 per category on TD Business Cash Back.
Count your employee cards. They cost $0 to $250 a year depending on the card. We compared these fees in our article on employee cards.
Check the eligibility rules. Visa Infinite and World Elite cards often require $60,000 to $80,000 in personal income, or minimum business revenue. Self-employed owners also have options with no income requirement.
Watch the dates. Several offers end soon: October 31, 2026 for the Scotia Momentum for business Visa Card, and November 30, 2026 for the RBC Avion Visa Infinite Business, the WestJet RBC business card and the BMO CashBack Business Mastercard.
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Employee Cards: How Much Do 18 Canadian Business Credit Cards Charge? →Self-Employed in Canada: 3 Business Cards, No Income Needed →Business Card With No Preset Spending Limit: the Only 2 in Canada →Sign up for the Milesopedia newsletter →All the best credit cards →Frequently asked questions — Business
What is the best business credit card in Canada?
It depends on your spending. For travel and points, the American Express Business Gold Rewards Card ($199) offers the best balance, with points that transfer to Aeroplan. For Aeroplan, the TD Aeroplan Visa Business Card ($149, rebated in the first year) is our pick. For cash back, the Scotia Momentum for business Visa Card earns 3% on gas, restaurants and office supplies. With no annual fee, the BMO CashBack Business Mastercard is the most rewarding.
Do I need to be incorporated to get a business credit card?
Not necessarily. Several issuers accept sole proprietors and self-employed people. The conditions are mostly about your personal income or business revenue. For example, the RBC Avion Visa Infinite Business Card requires $60,000 in personal income, $100,000 in household income or $500,000 in business revenue. Several no-fee cards show no minimum income at all.
Which business credit cards have no annual fee?
As of October 21, 2026, 13 business cards have no annual fee, including the BMO CashBack Business Mastercard, the BMO Ascend Business Mastercard, the RBC Business Cash Back Mastercard, the TD Business Cash Back Visa Card, the TD Business Select Rate Visa Card and the Scotia Momentum for business No Fee Visa Card. They earn less than fee-based cards, but cost nothing if you spend little.
Which business card earns Aeroplan points?
Three business cards earn Aeroplan points directly: the TD Aeroplan Visa Business Card, the American Express Aeroplan Business Reserve Card and the CIBC Aeroplan Visa Business Card. Membership Rewards points from the American Express Business Gold Rewards and Business Platinum cards also transfer to Aeroplan at 1:1, which gives them more flexibility.
What is the difference between a business credit card and a charge card?
A charge card, such as the American Express Business Gold Rewards Card or the Business Platinum Card, has no preset spending limit, and the balance is due in full each month. You can carry some purchases with the flexible payment option, at 21.99%. A credit card has a fixed limit and lets you pay a minimum each month, with interest on the rest.
How do I avoid foreign transaction fees on US dollar purchases?
Most business cards add 2.5% to every foreign currency purchase. The Scotiabank Passport Visa Infinite Business Card charges none. The Desjardins Visa US Business Card is billed directly in US dollars, with no fee on purchases in US dollars, for US$30 a year. You must already hold a Desjardins business card to get it.
How much do employee cards cost?
It varies a lot. They cost $0 on the RBC Business Cash Back, Scotia Momentum No Fee and TD Business Cash Back cards, $49 on the TD Business Travel and TD Aeroplan cards, $50 on the BMO Ascend World Elite and $75 on the RBC Avion Visa Infinite Business. The Business Platinum Card from American Express charges $250 per employee Platinum Card, but lets you add employee Business Gold cards at $0.
