Best business credit cards in Canada

The American Express® Business Gold Rewards Card wins as the best overall business credit card in Canada, thanks to its flexibility, rewards and premium business services in one powerful package:

• Impressive welcome bonus:  The Gold Rewards Business Card comes with an impressive welcome offer that’s sure to turn heads:

  Earn 40,000 bonus Membership Rewards® points. Here's how:

  • Earn a welcome bonus of 40,000 Membership Rewards® points after spending $7,500 in purchases within the first three months of Cardmembership

    • Plus, earn 10,000 bonus points in each calendar quarter when you spend $20,000 or more. That could add up to $400 in value every year

  That’s $400 in statement credits that can be reinvested in your business.

• Earn rates: 1 point per $1 spent
• No preset spending limit: This gives your business the flexibility to make large purchases when needed without worrying about hitting a ceiling (note that this doesn't mean unlimited spending - your purchases are approved based on your payment history, credit record, and financial resources)
• Up to 55 interest-free days on purchases: This interest free grace period provides your business with additional cash flow flexibility - a critical advantage for managing business expenses and timing payments strategically
• Comprehensive business and travel insurance: A top insurance package that includes coverage for employees while traveling, purchase protection, and extended warranty coverage - keeping both your team comfortable and your business investments safe ($50 per employee card)
• Amex world-class customer support with dedicated business services, giving you priority assistance when issues arise and access to business-specific perks and promotions

Real-world example: Here's an example of a 15-person contracting business that spends roughly $60,000 quarterly on building materials, equipment rentals, fuel, and subcontractor payments. Here's exactly how they're using the American Express® Business Gold Rewards Card to cut costs.

All told, in the last fiscal year, this company actual savings totaled $1,983:

• Direct statement credits: $220
• Points value redeemed: $1,043
• Quarterly bonus points: $400
• Administrative time savings: $320

Talk about savings! That means the company is earning 3.3% back on every dollar spent on their Gold Card.

Disclosures:

• Contact American Express for the most up-to-date referral bonus figures.

  American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.

If you're looking for a brand new option with exceptional first-year value and no foreign transaction fees, this card deserves your attention.

• Brand new card: New to our awards for 2025, the Passport Visa Infinite buisness card is designed specifically for Canadian businesses with international operations and travel needs
• Impressive first-year value:  The card enjoys up to $1,400 in first year value. When you factor in the welcome bonus, annual fee rebate, and typical reward earnings, one of the highest values we've seen for a business card
• Free first employee card: Enjoy one complimentary employee card ($50 each afterwards), making it economical to extend purchasing power to key team members
• Scene+ points on all purchases: Earn 1.5x Scene+ points with no category restrictions or complicated earn rates - simplifying rewards tracking and maximizing returns on all business spending
• No foreign transaction fees (FTX fees): This perk saves your business the typical 2.5% charge on international purchases - a significant advantage for businesses with suppliers, clients, or operations outside Canada
• Complimentary airport lounge passes: Enjoy free lounge access with 6 complimentary passes  (primary cardholder only) through Visa Airport Companion Program, enhancing the travel experience for business owners

Disclosures:

• Conditions Apply. Visit here for the Scotiabank Passport® Visa Infinite Business* Card to learn more.

  *See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.

For businesses with significant travel and entertainment expenses, the TD Business Travel Visa* Card is another great choice as it offers exceptional category bonuses and management tools.

• Huge welcome bonus value:   This bonus provides substantial first-year value () that can be redeemed for travel expenses or statement credits
• First year annual fee rebate: Enjoy a first-year annual fee waiver, lowering the cost of entry for businesses to test-drive this premium card
• Huge TD Points on travel bookings: Earn 9 TD Rewards Points for every $1 you spend using ExpediaForTD.com. That equates to impressive 4.5% return on travel expenditures
• TD Points on dining, EV charging, transit, plus streaming and recurring bills: Earn 6 TD Rewards points for every $1 in foreign currency purchases and at restaurants and on recurring bills, offering enhanced rewards in key business spending categories - one of the highest category bonuses available on a business card
• Business expense management tools: Comprehensive expense management and business tools including detailed reporting, categorization features, and receipt capture functionality to simplify tax preparation and financial tracking

Disclosures:

• †Terms and conditions apply.
  
  This offer is not available to residents of Quebec.
  
  The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button. Sponsored Content.

The BMO CashBack® Business Mastercard®* is an excellent option for Canadian businesses looking to earn rewards on everyday business expenses without the burden of a high annual fee:

• Straightforward cash back rewards: The card earns uncomplicated cash back that put money directly back into your business operations - no complicated point systems or redemption hurdles to navigate
• Enhanced cash back on everyday business categories: Earn 1.5% cash back on gas, office supplies and cellphone and internet bill payments†, giving your company higher returns on the purchases you make most frequently
• No annual fee: The BMO CashBack Business Card charges $0 annual fee, making it accessible for small to medium-sized businesses watching their overhead costs
• Additional employee cards at no extra charge: Allowing you to extend purchasing power to key team members while centralizing all rewards and expenses
• Comprehensive expense management tools: Excellent business tools through BMO's online banking platform, helping you track, categorize, and report on business spending for tax time and financial planning
• Purchase protection and extended warranty coverage that safeguards your business investments and equipment purchases

Savvy business owners can use the BMO Business CashBack to boost rewards. We recommend prioritizing gas purchases and office supply orders on the BMO card to take advantage of the 3% cash back categories. Consolidating all software subscriptions to pay through this card is another effective strategy, which can help them earn an extra $810 annually with minimal effort.

Disclosures:

• *Terms and conditions apply
• BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
  
  

The Marriott Bonvoy Business American Express* Card delivers exceptional value for Canadian businesses with frequent hotel stays through Marriott's extensive portfolio of properties:

• Automatic Marriott Bonvoy Silver Elite Status: Enjoy elite status for the primary cardholder, unlocking benefits like late checkout, enhanced internet, and bonus points on stays, giving your business travelers a more comfortable and productive hotel experience
• Path to Gold Elite Status: Reach even greater heights when you reach the annual spending threshold, elevating your business travel experience with room upgrades, welcome gifts, and enhanced points earning at Marriott properties
• Annual Free Night Award: After your card anniversary, valid at hotels with a redemption level up to 35,000 points - essentially offsetting the annual fee with a free hotel stay for business travel
• Accelerated earning at Marriott Bonvoy properties: Earn 5 Bonvoy points for every $1 on eligible purchases at participating Marriott Bonvoy hotels, helping your business accumulate rewards faster when booking accommodations for employees or clients
• Bonus points in business-relevant categories: Earn 3 Bonvoy points for every $1 on eligible gas, dining and travel and 2 Bonvoy points on everything else
• No foreign transaction fees: This perk saves your business the typical 2.5% charge on international purchases, particularly valuable when booking accommodations abroad
• Purchase protection and extended warranty coverage that safeguards your business investments and equipment purchases

Let's look at an example of a Toronto-based marketing firm with 12 employees who conduct quarterly training sessions and client meetings across Canada. Here's how they leverage their Marriott Bonvoy Business American Express Card:

For their quarterly three-day team training, they book 6 rooms at a mid-tier hotel in Toronto:

• Before the card: $229/night × 6 rooms × 3 nights = $4,122
• With 7% room discount: $213/night × 6 rooms × 3 nights = $3,834

That's an immediate savings of $288 per training session ($1,152 annually)

Disclosures:

• Contact American Express for the most up-to-date referral bonus figures.

  American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.

If you're looking for a premium business travel card that delivers exceptional Air Canada benefits, you've found it:

• Generous welcome bonus: Earn up to 90,000 Aeroplan®* points.. We estimate that this welcome bonus has a cash value of $1,800
• Complimentary Maple Leaf Lounge access: for the primary cardholder and authorized users when traveling on Air Canada, creating a more productive and comfortable travel experience for your team
• Status benefits: Enjoy Aeroplan perks including priority check-in, priority boarding, and free first checked bag on Air Canada flights, streamlining the airport experience for your business travelers
• Accelerated path to Aeroplan Elite Status through eligible spend, helping your business travelers reach valuable status levels faster than through flying alone
• Enhanced earn rates on Air Canada purchases and business-relevant categories: Earn 3 Aeroplan points on eligible Air Canada purchases, 2 Aeroplan points on eligible hotels and car rentals and 1.25 Aeroplan points on everything else
• Comprehensive travel insurance package including trip cancellation/interruption, flight delay, baggage loss/delay, and emergency medical coverage - providing peace of mind and financial protection for your business travelers
• Employee card misuse protection that offers an additional layer of security for businesses issuing multiple cards

Let's look at a real-world example of how the American Express® Aeroplan®* Business Reserve Card can save a company money by leveraging the card to create a premium travel experience while maximizing rewards.

Last quarter, the firm's travel expenses turned into a points goldmine:

• $78,000 on Air Canada flights = 234,000 Aeroplan points (at 3 points per $1)
• $42,000 on hotel bookings = 84,000 Aeroplan points (at 2 points per $1)
• $27,000 on car rentals = 54,000 Aeroplan points (at 2 points per $1)
• $35,000 on other business expenses = 43,750 Aeroplan points (at 1.25 points per $1)

Total points earned in one quarter: 415,750 Aeroplan points

This represents approximately $8,300 in travel value that can be reinvested into the business or used to upgrade employee travel experiences. 

Disclosures:

• Contact American Express for the most up-to-date referral bonus figures.

  American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.

• No annual fee: The RBC Cash Back Business Card charges no annual fee**, which** keeps your business overhead costs down while still earning rewards, making it an ideal choice for new businesses or those with modest credit card spending
• Cash back on all eligible business purchases: Earn 1% cash back on purchases†. This earn rate turns everyday expenses into direct savings that you can reinvest back into your company's operations
• Enhanced cash back welcome bonus: Earn 2% cash back on purchases† made on your card in the first three months.
• Flexible redemption options: Allowing you to apply your cash back as a statement credit or deposit it directly into an RBC business account - giving you control over how you use your rewards
• Free additional employee cards: Free employee cards help you manage and track team spending while centralizing all rewards under your business account
• Purchase security and extended warranty protection, safeguarding your business equipment and investments against damage, loss, or theft
• Zero liability protection against unauthorized transactions, providing peace of mind for business owners concerned about card security
• Integration with RBC's comprehensive business banking ecosystem, giving cardholders access to one of Canada's Big Six banks with tools specifically designed for Canadian companies

Disclosures:

• Refer to RBC page for up to date offer terms and conditions.

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