💳 Business Cards · March 2026
Best Business Credit Cards Canada 2026
The right business credit card turns every dollar your company spends into cashback, points, or travel rewards. Here are Canada's best business credit cards ranked by value for small businesses.
Best Business Credit Cards Ranked
100,000 pt welcome bonus
3x on top 2 categories
$199/yr fee
Transferable to Air Canada/Marriott
The Amex Business Gold is Canada's best business rewards card. Earn 3x Membership Rewards points on your top 2 spending categories each month (automatically assigned from: transit, gas, restaurant, digital media, hardware/software, hotel). Earn 1x everywhere else. 100,000 point welcome bonus after $5,000 spend in 3 months — worth ~$1,000+ when transferred to Aeroplan. Transfer points to Air Canada Aeroplan, Marriott Bonvoy, Hilton Honors, or British Airways. $50,000/year in 3x category earning before stepping down to 2x. Pay over time on eligible charges with interest. Best for businesses spending $5,000+/month.
Best overall: 3x flexible points, massive welcome bonus, strong transfer partners
3% on key categories
$79/yr
1st year free
No cap on cashback
Scotia's Momentum Business Visa gives 3% cashback on gas, groceries, office supplies, and recurring bills — the core spending categories for most Canadian small businesses. 1% on everything else. No cap on cashback earned. $79 annual fee (waived first year). Accepted at all Visa merchants. Employee cards available ($0/additional card). Solid for businesses wanting simple cashback rather than managing points. Best for sole proprietors and small businesses spending $2,000–5,000/month.
Best cashback: 3% on business essentials, no caps, straightforward redemption
35,000 pt welcome bonus
1.25x on all purchases
$175/yr
Transfer to WestJet/British Airways
RBC's Avion Infinite Business earns 1.25 RBC Avion points per dollar on all business purchases — one of the best flat-rate earn structures in Canada. Points transfer to WestJet Rewards, British Airways Executive Club, Cathay Pacific, and more. 35,000 bonus points on approval plus 15,000 on first anniversary. Unlimited free additional employee cards. Strong travel insurance (up to $5M emergency medical, trip cancellation). Good for businesses that travel frequently and want to consolidate all spend onto one card.
Best travel: 1.25x flat rate on everything, flexible airline transfer partners
Up to 50,000 pt bonus
3x travel
2x dining
$149/yr
TD's Business Travel Visa earns 3 TD Rewards points per dollar on travel and 2 points per dollar on dining/restaurants — high earn on common business expense categories. Redeem through Expedia for TD at 0.5¢/point or for statement credits. Up to 50,000 bonus points on welcome offer. Good for TD banking business customers wanting unified banking and credit. $149/year fee. Free additional employee cards. Better for businesses where travel and dining are primary expenses.
Best for TD customers: unified banking, strong bonus, 3x on travel
3x travel/dining
Full travel insurance
$149/yr
Extended warranty
BMO's World Elite Business Mastercard includes the most comprehensive travel insurance package of any Canadian business card at the price: $5M emergency medical, trip cancellation/interruption, flight delay, and rental car. 3x BMO Rewards on travel and dining, 2x on recurring bills, 1.5x everywhere else. Good for business owners who travel and want insurance coverage without paying for separate business travel insurance. Accepted everywhere Mastercard is (vs Amex which has some gaps).
Best insurance: fullest travel protection, 3x travel earn, Mastercard acceptance
50,000 Aeroplan pt bonus
Status Qualifying Miles
3x Air Canada
$180/yr
The CIBC Aeroplan Visa Business is the best card for businesses whose owners or employees fly Air Canada frequently. Earn 3x Aeroplan points on Air Canada purchases, 1.5x on business spend (gas, office, travel, dining), 1x everywhere else. Purchases earn Status Qualifying Miles toward Altitude Elite/Super Elite status. 50,000 Aeroplan welcome bonus. Includes Air Canada Preferred Pricing, free first checked bag, and priority boarding. Best for businesses with $50,000+ annual Air Canada spend.
Best Air Canada: status earn, 3x on Air Canada, best for frequent Air Canada flyers
Business Credit Card Comparison
| Card | Welcome Bonus | Best Earn Rate | Annual Fee | Best For |
|---|
| Amex Business Gold | 100,000 pts | 3x top 2 categories | $199 | High spenders |
| Scotia Momentum Business | 1st yr free | 3% gas/grocery/office | $79 | Cashback |
| RBC Avion Business | 35,000 pts | 1.25x everything | $175 | Travel flat-rate |
| TD Business Travel | 50,000 pts | 3x travel | $149 | TD customers |
| BMO World Elite Business | Varies | 3x travel/dining | $149 | Insurance |
| CIBC Aeroplan Business | 50,000 Aeroplan | 3x Air Canada | $180 | Air Canada flyers |
Frequently Asked Questions
What is the best business credit card in Canada?
The American Express Business Gold Card is the best overall business credit card for high spenders — 3x points on your top 2 categories automatically, 100,000 point welcome bonus, and strong Aeroplan/Marriott transfer partners. For simple cashback, the Scotiabank Momentum Business Visa (3% on gas/groceries/office) is the best option, especially with the first year free.
Can a sole proprietor get a business credit card in Canada?
Yes. Major banks (TD, Scotiabank, RBC, BMO, CIBC) and Amex all offer business credit cards to sole proprietors. You apply with your personal SIN and credit score rather than a business number. You'll need a credit score of 680+ for most premium cards. Being incorporated is not required. Self-employed individuals with T4A income can qualify.
Do business credit cards affect personal credit in Canada?
Most Canadian business credit cards are personally guaranteed and will appear on your personal credit report — both the hard inquiry on application and ongoing payment history. American Express has some business cards that don't report to personal bureaus if paid on time. Always verify terms before applying if credit score protection is a concern.
Are business credit card fees tax deductible in Canada?
Yes. Annual fees for business credit cards are tax-deductible as a business expense in Canada (CRA allows deduction of interest and fees for borrowing used to earn business income). Keep receipts and log credit card fee payments as "bank charges" in your bookkeeping software. Interest charges on business purchases are also deductible.
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