Best Business Credit Cards with No Personal Guarantee

Banner image
ByGrace Pilling
Edited byLukas Velunta
ByGrace Pilling
Edited byLukas Velunta

Updated: June 11, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

As an entrepreneur, one of your top priorities is safeguarding your personal finances while fueling your business's growth. One avenue to achieve this is by using business credit cards with no personal guarantee. These unique cards allow you to access credit for your business without staking your personal assets. This means, in the rare event of business-related debts, your personal assets stay untouched.

Such cards can be a game-changer for many business owners. They provide the flexibility of a credit line while offering an added layer of personal security. If you're keen on keeping business and personal finances distinctly separate, considering one of these cards might be a smart move for your enterprise.

Why You Can Trust Our List

Brex 30 Card

Rewards RateEarn Up to 8X points for payments made daily, and ...
Welcome Bonus OfferEarn 50,000 points
Sam’s Club® Business Mastercard®

Annual Fee$0
Rewards RateEarn 5% cash back on eligible gas worldwide, inclu...
APR20.90% – 28.90% (variable)
Ramp Business Card

Rewards RateEarn 1.5% cash back on all purchases
Annual Fee$0
Charity Charge Nonprofit Business Card

Rewards RateN/A
APR14.90% (Variable)
Annual FeeN/A

What Is a Personal Guarantee on a Business Credit Card?

When you sign up for most business credit cards, there's a catch that might go unnoticed: the personal guarantee. It's essentially a commitment you make to your card issuer that, should your business fail to repay its debts, you'll personally step in to cover them. Think of it as a safety net for the credit card company.

While it offers assurance to the lender, it also exposes business owners to potential financial risks. With a personal guarantee in place, your personal assets, from savings to property, could be on the line if the business encounters financial turbulence. It's this blending of personal and business liabilities that many entrepreneurs aim to avoid by seeking out cards without such guarantees.

How do Business Credit Cards with No Personal Guarantee Work?

Understanding the workings of business credit cards without a personal guarantee can offer clarity and confidence as you manage your business finances. Here's a breakdown of how these cards operate:

    business icon

    Separation of liabilities

    With no personal guarantee, your business debts remain distinct from your personal finances. This means that if your company can't clear its dues, the card issuer won't chase your personal assets.

    businessLoan icon

    Higher collateral requirements

    Because issuers can't lean on your personal assets, they might ask for other forms of collateral. This could include business assets, deposits or even revenue streams to ensure they can recover their money.

    graph icon

    Flexible credit limits

    These cards often come with adaptable credit limits. They can fluctuate based on your business's financial health, ensuring the limit reflects the capacity of your business at any given time.

    lenderTransparency icon

    Strict qualification criteria

    Not every business can easily secure a card without a personal guarantee. Issuers might look for businesses with established credit histories or consistent revenue streams to ensure creditworthiness.

    rotating icon

    Different fee structures

    Given their unique nature, these cards might come with distinct fee setups. This could include higher annual fees or different transaction charges. Be aware of these so you can factor them into your financial planning.

Pros and Cons of No-Personal-Guarantee Cards

Acquiring a business credit card without a personal guarantee requirement is a decision that comes with its set of advantages and disadvantages. Weigh these to make an informed decision that aligns with both your business and personal financial goals.


  • Asset protection: The primary benefit of a no personal guarantee business credit card is the protection of your personal assets. Unlike traditional business cards, your personal assets aren't at risk in case the business can't pay off its debts. This distinction provides peace of mind and a clear financial boundary between your personal and business finances.
  • Credit building for the business: Such cards encourage the building of credit in the name of your business rather than on your personal credit report. Over time, responsible usage and prompt payments on this card can help build a robust credit profile for your business, which can be beneficial for future financial engagements.
  • Increased financial flexibility: With a business credit card without a personal guarantee, you have a dedicated line of credit for business expenses. This can aid in better cash flow management, especially during lean periods, and also allow for timely capturing of business opportunities that might arise.
  • Business-focused rewards and perks: These cards often come bundled with rewards programs and perks tailored for businesses. Cash back on business expenses, discounts with partner vendors and access to business-centric events are some of the benefits you could enjoy, providing added value to your business operations.


  • Stricter qualification criteria: Qualifying for a business credit card with no personal guarantee can be challenging, especially for new or small business owners. Credit card issuers might require a strong business credit history or substantial revenues to approve your application, making it a less accessible option for some enterprises.
  • Potentially higher fees: The lack of personal guarantee could result in higher annual fees or other associated costs. These extra charges could potentially offset some of the benefits, so evaluate the cost versus the benefits carefully.
  • Lower credit limits: Initially, these cards might come with lower credit limits compared to those requiring a personal guarantee. While this could change as your business builds its credit profile, it might pose a challenge for businesses in need of higher spending limits from the onset.
  • Limited availability: The number of issuers offering business credit cards without a personal guarantee is limited. This lack of extensive options might restrict your ability to shop around for a card that perfectly fits your business's unique needs and financial situation.

Tips on Picking a No-Personal-Guarantee Business Credit Card

When looking for such a business credit card without a personal guarantee, here are some things to think about to make sure you get a card that fits well with your business needs:

Review the Qualification Criteria

Understand the eligibility requirements before applying. Know what the issuer expects concerning your business's credit score, revenue and financial history. Having a clear picture of these requirements will save you time and increase the likelihood of approval.

Compare the Fee Structures

Examine the fee structures of various cards to ensure they are within a range comfortable for your business. Look into the annual fees, transaction charges and any other associated costs. A lower fee structure can save your business money over time, making the card a more cost-effective choice.

Evaluate the Credit Limits

Assess the credit limits offered and ensure they meet your business’s financial needs. A credit limit that aligns with your spending patterns will provide the flexibility needed for day-to-day operations and unexpected expenses.

Explore the Reward Programs

Business credit cards often come with reward programs, offering cash back, discounts or points for spending. Look for a card with rewards that are relevant to your business operations, as this can provide substantial savings and benefits over time.

Examine the Additional Features

Look into other features like expense management tools, free employee cards or travel insurance. These additional perks can provide convenience, save time and contribute to better financial management within your business.

Maximize Your No-Personal-Guarantee Business Credit Card

Effectively utilizing a business credit card with no personal guarantee can help you manage your business finances while keeping personal liability at bay. Here are some strategies to maximize the benefits of such a card and ensure it becomes a valuable asset for your business:

    niceMeal icon

    Utilize the rewards programs

    Most business credit cards come with rewards programs that offer cash back, points or other perks for spending. Make the most out of these programs by aligning your spending to earn maximum rewards. These rewards can translate into significant savings or useful perks for your business over time.

    graphCard2 icon

    Manage your spending

    Keep track of your spending to ensure you stay within your credit limit and budget. Utilize any expense management tools provided by the card issuer to monitor and categorize your expenditures. This will help maintain a healthy credit utilization ratio and avoid any unnecessary fees.

    annualFee icon

    Pay on time, every time

    Timely payment of your card balance is important to avoid late fees and to maintain a positive payment history. This practice will also help in building a strong business credit profile which could be beneficial for future financial endeavors.

    financialPlanning icon

    Review card statements regularly

    Regularly reviewing your card statements can help catch any unauthorized transactions or errors. It also provides insight into your spending patterns, helping you make informed financial decisions and plan budget adjustments if necessary.

    airplane icon

    Utilize additional features

    Take advantage of any additional features offered by the card, like free employee cards, expense tracking tools or travel insurance. These features can provide added convenience, better financial management and extra value to your business.

FAQ About No-Personal-Guarantee Business Credit Cards

What exactly does “no personal guarantee” mean on a business credit card?
How common are business credit cards with no personal guarantee?
How can I qualify for a business credit card with no personal guarantee?
Can startups get business credit cards with no personal guarantee?
Do business credit cards with no personal guarantee offer rewards?
What should I do if I can’t find a business credit card without a personal guarantee?

About Grace Pilling

Grace Pilling headshot

Grace Pilling was the Senior Content Manager for Credit Cards at MoneyGeek. She previously led personal finance teams at Bankrate, and MoneyUnder30.

Pilling has a bachelor's degree in English from Western Sydney University and a diploma in book editing, proofreading and publishing. She is focused on empowering readers to make informed financial choices that support their best lives, not a company’s bottom line.

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with and for our coverage of credit card products. MoneyGeek, CardRatings and may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.