Two American Express credit cards top our rankings of the best instant approval cards: the American Express Blue Business Cash™ Card and Blue Business® Plus Credit Card.
These two business cards are almost identical. They’ve got the same APR (annual percentage rate) range and (lack of) annual fee. Likewise, they have the same cash advance, balance transfer, and foreign transaction fees. The only real difference is that the American Express Blue Business Cash™ Card earns cash back rewards, while the Blue Business® Plus Credit Card earns points rewards.
But what makes these two instant approval cards so great?
For starters, they’re American Express cards―which means that if you get instantly approved, you’ll receive a credit card number that lets you start using your new credit line right away. So beyond instant approval, you get instant credit.
Instant credit aside, they’re simply solid business credit cards. (They’re on our list of the best business credit cards.) They have competitive interest rates, earn decent rewards, and have low fees. Plus, both cards offer Expanded Buying Power―which lets you spend past your credit limit. You have to pay back the extra you spend each month, yes, but it gives you more flexibility than your average credit card.
That’s not to say these are the perfect business credit cards. Other cards earn higher reward rates, for example, and have better bonus offers for new cardmembers. But these are two well-rounded instant approval cards that have plenty of advantages. (Terms apply to all this, though.)
So for most businesses looking for an instant credit card, we recommend either the American Express Blue Business Cash™ Card or the Blue Business Plus® Credit Card.