CNBC's top corporate credit cards for 2024.
Business managers can easily manage spending for multiple employees and potentially earn rewards with corporate cards. Unlike personal credit cards, they typically do not require a personal guarantee and have additional requirements such as a high annual revenue.
In 2024, CNBC Select conducted a thorough analysis and comparison of various corporate credit cards to determine the top options. (For details on our methodology, please refer to our article.)
Best for travel spending
Brex is a fintech company that provides financial services to corporations, including the Brex Card, which is accessible to Brex business account members (a cash management account). The card offers exceptional returns on various bonus spending categories, and Brex points are highly valuable because they can be transferred to partner travel programs, in addition to ordinary cash-back redemptions.
Eligible businesses can earn significant rewards in valuable bonus categories such as rideshare, travel, dining, Apple purchases, and software through the Brex rewards program.
The card offers discounts for various software services and business products, including TurboTax, Microsoft 365, QuickBooks, and Salesforce Essentials. Additionally, Brex account holders receive a 5% cashback on Microsoft advertising purchases, up to $10,000 annually per card.
Best for cash back
If your company wants to earn straightforward cash-back rewards, the Ramp Visa Corporate Card is worth considering.
The Ramp Visa Corporate Card can significantly increase your company's profitability with up to 1.5% cash back on all purchases. This card has no annual fee and a vast array of partner deals that can help you save even more money. Ramp members receive discounts with UPS, OpenAI, Stripe, Amazon Web Services, QuickBooks, Indeed, and many other companies. Additionally, you can transfer Ramp rewards to various airline and hotel loyalty programs, although the transfer ratio isn't ideal (1.5 Ramp points = 1 travel point).
Best for travel perks
The American Express Corporate Platinum Card® offers similar benefits to The Platinum Card® from American Express, including lounge access and elite-status perks, but with notable variations.
This card offers numerous travel benefits that will be valuable to corporate employees on the move. With the American Express Global Lounge Collection, cardholders can access over 1,400 airport lounges, including Amex Centurion lounges, Delta Sky Clubs, Priority Pass lounges (enrollment required), Plaza Premium lounges, Escape lounges and Lufthansa lounges. Additionally, cardholders can receive up to $199 in CLEAR Plus credit and up to $200 in airline fee credit per calendar year (airline selection required). Cardholders will also receive Hilton Honors and Marriott Bonvoy Gold status. Enrollment is required.
Best for mid-sized corporations
The U.S. Bank Commercial Rewards Card is designed for corporations with an annual revenue between $10 million and $150 million. This card offers flexibility in how mid-sized corporations can earn rewards.
Companies can select their own rewards with a U.S. Bank Commercial Rewards Card account. If a company chooses to earn a rebate, it will receive a 1% cash rebate after reaching $150,000 in quarterly spending. With the rewards option, companies can earn 5X points on car rentals, 4X points on lodging, 3X points on airlines, and 1X points on all other purchases.
The card simplifies expense management and corporate travel with various tools and features, including integration with popular accounting software, automatic receipt tracking, and the ability to set card limits or merchant category restrictions.
Why trust CNBC Select?
Our mission at CNBC Select is to deliver top-notch service journalism and in-depth consumer advice to our readers, enabling them to make well-informed decisions when it comes to their finances. Each credit card article we publish is the result of thorough reporting by our team of expert writers and editors, who possess extensive knowledge of credit card products. At CNBC Select, we maintain the highest journalistic standards and ethics, and we earn a commission from affiliate partners on many offers and links. However, our content is created independently, without any input from our commercial team or external third parties. To learn more about our methodology and how we select the best corporate credit cards, please refer to our website.
Our methodology
In order to identify the top corporate cards of 2024, CNBC Select conducted a comprehensive analysis of various features. We evaluated rewards, annual fees, welcome bonuses, and interest rates, as well as balance transfer and foreign transaction fees. Additionally, we took into account any additional perks, protections, and other benefits offered to corporations.
We took into account CNBC Select audience data, including demographics and engagement with our content and tools, when possible.
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