Cards issued in your business name, ranked the same way we rank everything else. Business and personal cards never appear in the same list here: a card that needs a business number should not turn up when you are shopping for groceries, and a card that needs a personal credit check should not turn up when you are buying stock.
Two things to check on every card below before the rewards. Whether the issuer wants a personal guarantee, which makes the owner liable for the balance even though the card is in the company name. And what employee cards cost, because a card that is free for one person can cost several hundred dollars a year for a team of five.
All 57 business credit cards, ranked by our rating
Scotiabank Passport Visa Infinite Business Card
Scotiabank · Visa · $199 a year · 1.5x on everything
The only Canadian business card that charges nothing on foreign currency. A flat 1.5 Scene+ points a dollar, six lounge visits a year and a $199 fee that pays for itself on about $8,000 of foreign spend.
Read our full Scotiabank Passport Visa Infinite Business Card review
American Express Business Platinum Card
American Express · American Express · $799 a year · 1.25x on everything
A charge card, not a credit card, so the balance is due in full each month. $799 a year buys $320 in stated credits, lounge access and a flat 1.25 points on everything with no cap.
Read our full American Express Business Platinum Card review
ATB MyBusiness Rewards Mastercard
ATB Financial · Mastercard · No annual fee · 1% on everything
Free, with an unconditional flat 1% paid monthly and no caps. Alberta only, and the foreign transaction fee is 2.9%.
BMO Ascend World Elite Business Mastercard
BMO · Mastercard · $175 a year · 4x on gas
$175, waived in year one, for 4 points a dollar on office supplies, telecom bills and gas. $5,000,000 of travel medical and an 18.99% rate.
Read our full BMO Ascend World Elite Business Mastercard review
BMO CashBack Business Mastercard
BMO · Mastercard · No annual fee · 1.5% on gas
No annual fee, no fee for employee cards, and 1.5% back on the three categories most small businesses actually spend in. The monthly caps are generous enough that most sole traders never reach them.
Vancity enviro Visa Infinite Business
Vancity · Visa Infinite · $120 a year · 5x on transit
$120 for 10 points a dollar at local businesses and 5 on transit. British Columbia only, and you have to be a Vancity member.
Scotia Momentum for business No Fee Visa Card
Scotiabank · Visa · No annual fee · 1% on everything
Free, with a flat 1% on everything and no caps at all. Scotiabank states plainly that there are no annual limits, which almost nobody else does.
Read our full Scotia Momentum for business No Fee Visa Card review
TD Business Cash Back Visa Card
TD · Visa · No annual fee · 2% on gas
Free, with 2% on four categories and a separate $15,000 cap on each. The base rate of 0.5% is poor, so this is a card for concentrated spending rather than everything.
Vancity enviro Visa Business
Vancity · Visa · No annual fee · 2.5x on transit
Free, with ten employee cards included at no cost. That is the best employee card economics of any card in this comparison. British Columbia only.
American Express Aeroplan Business Reserve Card
American Express · American Express · $599 a year · 2x on travel
$599 for 3 Aeroplan points a dollar with Air Canada, Maple Leaf Lounge access and 1.25 points on everything else. The free employee card quietly removes the lounge.
Read our full American Express Aeroplan Business Reserve Card review
Rogers Red World Elite Business Mastercard
Rogers Bank · Mastercard (World Elite) · No annual fee · 2% on everything
Free, paying 2% if you hold a Rogers or Shaw business service and 1.5% if you do not. The 1.5% floor is the best unconditional rate on a free business card here.
Read our full Rogers Red World Elite Business Mastercard review
Scotia Momentum for business Visa Card
Scotiabank · Visa · $79 a year · 3% on gas
3% on four categories and 2% on three more, capped at $40,000 of combined bonus spend a year. The $79 fee pays for itself at about $4,000 of category spend, and employee cards cost $29 each.
TD Business Select Rate Visa Card
TD · Visa · No annual fee
11.99% with no annual fee, or 8.99% for $49. The cash advance rate matches the purchase rate, which almost no business card does.
BMO Ascend Business Mastercard
BMO · Mastercard · No annual fee · 2x on gas
Free, with 2 points a dollar on gas, office supplies and telecom bills and no cap on them. An 18.99% rate, which is low for a no fee business card.
Collabria Low Rate Business Mastercard
Collabria · Mastercard or Visa, depending on the distributing credit union · $25 a year
$25 for a fixed 12.99% at some credit unions and 13.99% at others. The lowest fixed business card rate widely available in Canada.
CIBC Aeroplan Visa Business Card
CIBC · Visa · $180 a year · 1.5x on dining
$180, waived in year one, with a purchase rate from 12.99% and 2 Aeroplan points a dollar with Air Canada. The rate is a range, not a rate.
Servus Business No Fee Mastercard
Servus · Mastercard · No annual fee
No annual fee, no employee card fees, and the same 16.99% rate as the paid Servus cards. It earns nothing, which is the trade.
American Express Business Gold Rewards Card
American Express · American Express · $199 a year · 1x on everything
$199 for a flat 1 point a dollar plus 10,000 bonus points in any calendar quarter you spend $20,000. A charge card, so the balance is due in full each month.
Read our full American Express Business Gold Rewards Card review
CIBC Costco Business Mastercard
CIBC · Mastercard · No annual fee · 3% on gas
Free, with nine free employee cards and 3% at restaurants and Costco gas. Each category is capped at $8,000 a year and CIBC contradicts itself on which rate applies.
TD Aeroplan Visa Business Card
TD · Visa · $149 a year · 1.5x on dining
$149, waived in year one, with a 14.99% purchase rate and 2 Aeroplan points a dollar with Air Canada. The lounge passes have to be earned at $10,000 of spending each.
CIBC Aventura Visa Card for Business Plus
CIBC · Visa · $139 a year · 2x on travel
The same $139 and the same earn as the Aventura Visa for Business, with liability on the business rather than the owner and fifteen additional cards instead of nine.
Read our full CIBC Aventura Visa Card for Business Plus review
Float Corporate Card
Float · Visa (CAD cards) / Mastercard (USD cards) · No annual fee · 1% on everything
No annual fee, 20 free employee cards and a 0.25% foreign transaction fee. The default product is prepaid, and you have to qualify separately for the credit version.
ScotiaLine for business Visa Credit Card
Scotiabank · Visa · No annual fee
No annual fee and a variable rate starting at prime plus 1.99% if secured. Scotiabank's own two pages quote different ranges.
Read our full ScotiaLine for business Visa Credit Card review
TD Business Travel Visa Card
TD · Visa · $149 a year · 9x on travel
$149, waived in year one, for up to 9 points a dollar through Expedia For TD and 6 on dining, transit and foreign currency. Travel medical drops to four days at 65.
CIBC Aeroplan Visa Business Plus Card
CIBC · Visa · $139 a year · 1.5x on dining
$139 with liability on the business, against $180 with a lower rate for the personal liability twin. Same earn on both, so the choice is rate against liability.
CIBC Aventura Visa Card for Business
CIBC · Visa · $139 a year · 2x on travel
$139, waived in year one, for 2 Aventura points a dollar on CIBC travel bookings and 1.5 on gas and travel elsewhere. A cheaper low rate twin exists at $180.
Desjardins Visa US Business
Desjardins · Visa · $30 a year
A US dollar business card at US$30 a year. Statements, balances and payments are all in US dollars, so there is no conversion cost on American supplier payments.
WestJet RBC World Elite Mastercard for Business
RBC · Mastercard · $175 a year · 3x on travel
$175 for a WestJet business card with 35,000 points on approval and no spending required. Travel medical falls to three days at 65.
Read our full WestJet RBC World Elite Mastercard for Business review
ATB Alberta Businesscard Mastercard
ATB Financial · Mastercard · $65 a year
$65 for a rate starting at prime plus 2%, the lowest published starting point in the segment. The fee doubles once your credit limit passes $50,000.
BMO Blue Rewards World Elite Business Mastercard
BMO · Mastercard · $175 a year · 12.5x on travel
$175, waived in year one, for BMO's new Blue Rewards programme. It replaced Air Miles in June 2026, so there is no track record to judge it on.
Read our full BMO Blue Rewards World Elite Business Mastercard review
CIBC bizline Visa Card for Business
CIBC · Visa · No annual fee · 0% on everything
No rewards, no fee, and an interest rate tied to prime rather than fixed at twenty percent. Nine free employee cards. Built for a business that borrows on the card rather than one that clears it.
Loop Global Visa Card
Loop · Visa · No annual fee · 1x on everything
No annual fee and no foreign transaction fee, aimed at businesses that hold and spend in several currencies. A personal guarantee is required under $10 million of gross profit.
Desjardins Visa Business Advantage
Desjardins · Visa · $25 a year · 1% on everything
$25 with up to 1% cash back on a tier that runs to $750,000 of annual spending. Desjardins aims it at businesses spending far more than the fee suggests.
Marriott Bonvoy Business American Express Card
American Express · American Express · $150 a year · 3x on gas
$150 for 5 Bonvoy points a dollar at Marriott and 3 on gas, dining and travel. Amex and Marriott advertise different welcome offers for the same card.
Read our full Marriott Bonvoy Business American Express Card review
ATB Alberta Agri-Industry Businesscard Mastercard
ATB Financial · Mastercard · $65 a year
$65 for Alberta farms and ranches, with a 1% minimum monthly payment instead of the usual 3%. It carries no insurance of any kind.
Read our full ATB Alberta Agri-Industry Businesscard Mastercard review
ATB Alberta Rewards Businesscard Mastercard
ATB Financial · Mastercard · $120 a year · 1.5x on everything
$120 for a flat 1.5 points a dollar, and the only card in this segment that publishes its full insurance schedule. Travel medical runs eight days and stops at 65.
Read our full ATB Alberta Rewards Businesscard Mastercard review
BMO Blue Rewards Business Mastercard
BMO · Mastercard · No annual fee · 10x on travel
Free, on BMO's new Blue Rewards programme. 1 point a dollar base, 10 times that at partner merchants, and a published value of 1,500 points to $10.
Desjardins Visa Business
Desjardins · Visa · $60 a year · 1% on everything
$60 with forty free employee cards and up to 1% cash back, tiered on your company's total annual spending. The rate is variable at prime plus 8.5%.
National Bank Business Mastercard
National Bank · Mastercard · No annual fee
Free at 20.99%, or $30 at 14.5% if your limit is over $1,000. No rewards either way.
RBC Avion Visa Infinite Business
RBC · Visa · $175 a year · 1.25x on everything
$175 a year for 1.25 points a dollar in a fixed value programme, a lounge membership that includes no free visits, and employee cards at $75 each. The 35,000 point sign up bonus needs no spend.
RBC Visa CreditLine for Small Business
RBC · Visa · No annual fee · 0.5x on everything
No annual fee, one free additional card, and a variable rate from prime plus 2.9%. RBC does not publish which rate you get.
CWB Echelon Rewards Business Mastercard
CWB · Mastercard · No annual fee · 0.5% on everything
Free, with 15 employee cards included and 0.5% back in points. CWB's own two pages quote different base rates for the same card.
Read our full CWB Echelon Rewards Business Mastercard review
RBC Business Cash Back Mastercard
RBC · Mastercard · No annual fee · 1% on everything
A free 1% card with a $650 annual ceiling on how much cash back RBC will pay and a single annual payout in January. Fine as a spare card, weak as a main one.
Collabria No Fee Cash Back Business Mastercard
Collabria · Mastercard or Visa, depending on the distributing credit union · No annual fee · 0.5x on everything
Free, and available through dozens of Canadian credit unions. It pays 0.5%, which is half what the better free business cards manage.
Read our full Collabria No Fee Cash Back Business Mastercard review
Desjardins Visa Business Freedom Solutions
Desjardins · Visa · $17 a year · 1% on everything
A $17 a month banking package that includes one business card. The card's rate, from prime plus 3.5%, is the lowest in the Desjardins business line.
Read our full Desjardins Visa Business Freedom Solutions review
RBC Avion Visa Business
RBC · Visa · $120 a year · 1x on everything
$120, waived in year one, for a flat 1 Avion point a dollar. 35,000 points on approval is the reason to take it and the fee waiver makes year one free.
National Bank Platinum Business Mastercard
National Bank · Mastercard · $125 a year · 1.5x on everything
$125 for a flat 1.5 points a dollar with no caps. National Bank does not publish what a point is worth, and the welcome offer on its page expired in September 2025.
Read our full National Bank Platinum Business Mastercard review
Ramp Visa Business Card
Ramp · Visa · No annual fee
No annual fee, unlimited employee cards and no foreign transaction fee. It needs CA$25,000 sitting in your bank account and will not take sole traders.
Servus Business Rewards Mastercard
Servus · Mastercard · $75 a year · 1x on everything
$75 for 1% back in Circle Rewards points at a 16.99% rate. Every employee card also costs the full $75.
Collabria World Elite Business Mastercard
Collabria · Mastercard (World Elite) · $130 a year · 1.5x on everything
$130 for 1.5 points a dollar and travel insurance whose amounts none of the distributing credit unions publish.
Read our full Collabria World Elite Business Mastercard review
Keep Business Mastercard
Keep · Mastercard · No annual fee · 5x on travel
No annual fee, but no free tier either: the cheapest plan is CA$79 a month, which is CA$948 a year. Not available in Quebec.
National Bank Business Line Mastercard
National Bank · Mastercard · $50 a year
$50 for a hybrid line of credit and card at prime plus 5%. Maximum financing is $10,000, which is the constraint.
Desjardins Visa Corporate
Desjardins · Visa · $20 a year
$20 per card for spend controls and reporting, with no rewards. Adding the rewards programme raises the fee to $70 a card.
RBC Visa Business Card
RBC · Visa · $12 a year
$12 a year per card, no rewards, and a 19.99% rate. RBC calls it no frills and that is accurate.
Scotia Home Hardware PRO Visa Business Card
Scotiabank · Visa · No annual fee · 0x on everything
Free, and it earns only at Home Hardware. Everything you spend anywhere else earns nothing at all.
Read our full Scotia Home Hardware PRO Visa Business Card review
CIBC Corporate Classic Plus Visa Card
CIBC · Visa · $20 a year
$20 per card with no rewards and a 20.99% rate. The fee is charged on every card, so a fifteen card programme costs $300 a year.
Servus Business Low Rate Mastercard
Servus · Mastercard · $75 a year
$75 for the same 16.99% rate Servus gives away free on its no fee card, with employee cards at $75 each. We could not find a reason to choose it.
How this comparison works
We track 57 Canadian business credit cards from 18 issuers, 23 of them with no annual fee. Every figure below comes from the issuer’s own published pages and terms, and where an issuer does not publish something we leave it blank rather than guess. Last verified 18 August 2026.
Business cards are priced on things personal cards are not. Before you compare rewards, check two things on every card: whether the issuer requires a personal guarantee, which makes the owner liable for the balance even though the card is in the company name, and what employee cards cost. A card that is free for one person can cost several hundred dollars a year for a team of five, which changes the answer more often than the earn rate does.
Points are valued at our own published rates rather than the issuer’s marketing. Membership Rewards and Aeroplan are valued at two cents on the assumption you transfer them to an airline; fixed value programmes like Scene+ and Avion are valued at one cent because that is what they are worth. Four programmes are left unvalued entirely because nobody publishes a redemption rate for them. How we value points explains the assumption and three ways it can be wrong.
Common questions
- What is a personal guarantee on a business credit card?
- It is a clause making the business owner personally liable for the balance even though the card is issued in the company name. If the business cannot pay, the issuer can pursue you. Nearly every Canadian small business card requires one, and we flag it on every card that does. Some issuers describe it as "personal liability" instead, which is a difference in wording rather than in exposure.
- Do business credit cards affect my personal credit score?
- Usually at the application, because most issuers run a personal credit check on the owner and require a personal guarantee. Whether ongoing balances appear on your personal file varies by issuer. The fintech corporate cards that underwrite on the business rather than the owner are the exception, and several of them require a minimum bank balance or refuse sole traders instead.
- How many business credit cards are there in Canada?
- We track 57 business cards that are open to new applications, 23 of them with no annual fee. That number moves: several well known business cards were discontinued in the last two years, and we exclude a card the moment its application path stops working rather than leaving it listed.
- What should a small business look at before the rewards?
- Employee card cost and the interest rate, in that order. Employee cards range from free to $199 each, so a team of five can change the annual cost of a card by several hundred dollars, which swamps a difference of half a percentage point in cash back. After that, the interest rate matters if there is any chance of carrying a balance, and several business cards price against prime rather than publishing a fixed rate.