Best business credit cards in Canada (2026)
The CIBC Aeroplan Visa Business Card is our best business credit card overall: a $180 fee, 1.5 Aeroplan points on travel, dining and recurring bills, and an offer of up to 75,000 points. If you want no fee, the BMO CashBack Business Mastercard is the pick.
Figures from our verified data, checked October 2026
Our picks at a glance
- 1CIBC Aeroplan® Visa* Business CardBest overall
- 2BMO CashBack Business Mastercard®*Best no-fee
- 3BMO Ascend World Elite®* Business Mastercard®*Best for everyday expenses
- 4RBC Avion Visa Infinite BusinessBest for flexible points
- 5Business Platinum Card® from American ExpressBest premium perks
- 6American Express® Aeroplan®* Business Reserve CardBest for Aeroplan travel
- 7WestJet RBC® World Elite Mastercard for BusinessBest for WestJet
- 8Marriott Bonvoy® Business American Express®* CardBest for hotel stays
- 1
Best overallCIBC Aeroplan® Visa* Business Card
At our 1.5¢ Aeroplan value, 1.5 points per $1 on travel, dining and recurring bills is about 2.25% back, and 2 points on Air Canada is about 3%. The $180 fee is moderate and the free first checked bag helps if you fly Air Canada.
- Annual fee
- $180
- Top earn rate
- 2x Air Canada
- Welcome offer
- Up to 75,000 Aeroplan points
- FX fee
- 2.5%
- 2
Best no-feeBMO CashBack Business Mastercard®*
No annual fee, 1.5% cash back on gas, phone and internet bills and office supply stores, and 0.75% on everything else. It is the simplest way to earn on business costs without paying to hold the card.
- Annual fee
- $0
- Top earn rate
- 1.5% Gas
- Welcome offer
- 10% cash back for 3 months on gas, office supplies and cell phone and internet bill payments
- FX fee
- 2.5%
- 3
Best for everyday expensesBMO Ascend World Elite®* Business Mastercard®*
It earns 4 points per $1 on gas, office supplies, phone and internet, and 1.5 points on everything else. At our 0.67¢ BMO point value that is about 2.7% and 1% back, for a $149 fee.
- Annual fee
- $149
- Top earn rate
- 4x Gas & Office Supplies & Phone & Internet
- FX fee
- 2.5%
- 4
Best for flexible pointsRBC Avion Visa Infinite Business
It earns 1.25 Avion points per $1 on up to $75,000 a year, worth 1.25% at our 1¢ Avion value. The fee is $175, and the offer is up to 100,000 points plus a first-year fee waiver, but the larger tiers need heavy spending.
- Annual fee
- $175
- Top earn rate
- 1.25x Everything else
- Welcome offer
- Up to 100,000 Avion points and a first-year fee waiver
- FX fee
- 2.5%
- 5
Best premium perksBusiness Platinum Card® from American Express
The $799 fee buys a $200 travel credit, a $100 NEXUS credit and lounge access. Everyday earn is 1.25 Membership Rewards points per $1, or 1.25% at our 1¢ value, so the perks carry the case.
- Annual fee
- $799
- Top earn rate
- 1.25x Everything else
- Welcome offer
- Up to 150,000 Membership Rewards points under the current elevated offer
- FX fee
- 2.5%
- 6
Best for Aeroplan travelAmerican Express® Aeroplan®* Business Reserve Card
It earns 3 Aeroplan points per $1 on travel, about 4.5% at our 1.5¢ value, and 1.25 points on everything else. The $599 fee comes with lounge access, a free checked bag and a companion pass.
- Annual fee
- $599
- Top earn rate
- 3x Air Canada and Air Canada Vacations
- Welcome offer
- Up to 120,000 Aeroplan points under the current elevated offer
- FX fee
- 2.5%
- 7
Best for WestJetWestJet RBC® World Elite Mastercard for Business
It earns up to 6 WestJet points per $1 on WestJet flights and 1.5 points on other purchases, for a $175 fee. It also gives instant WestJet Rewards Silver status, kept with $30,000 in annual spend.
- Annual fee
- $175
- Top earn rate
- 6x WestJet flights
- Welcome offer
- Up to 100,000 WestJet points
- FX fee
- 2.5%
- 8
Best for hotel staysMarriott Bonvoy® Business American Express®* Card
It earns 5 Marriott Bonvoy points per $1 at Marriott, 3 on gas, dining and travel, and 2 on everything else, for a $150 fee. We don’t put a cent value on Marriott Bonvoy points, so check what a night costs in points before you commit.
- Annual fee
- $150
- Top earn rate
- 5x Marriott
- Welcome offer
- Up to 80,000 Marriott Bonvoy points
- FX fee
- 2.5%
How we picked
We looked at every business credit card in our data. We ranked them on annual fee, earn rates on typical business spending, the welcome offer, and the perks you would use. We did not rank on brand.
To compare points cards with cash back, we use our own point values: Aeroplan 1.5¢, Membership Rewards 1¢, Avion 1¢, Aventura 1¢ and BMO Rewards 0.67¢. A different redemption can be worth more or less. Rates, fees and offers change, and the figures shown are as of our last check, so confirm them with the issuer before you apply.
How to choose a business card
Start with where the money goes. If most of your spending is gas, phone, internet and office supplies, the BMO CashBack Business Mastercard and the BMO Ascend World Elite Business Mastercard are built for it. If spending is spread across travel, dining and bills, the CIBC Aeroplan Visa Business Card earns more broadly.
Then weigh the fee against what you will use. A $599 or $799 fee only makes sense if the lounge access, credits and companion pass replace things you already pay for. If your spending is low, a no-fee card often comes out ahead.
All eleven business cards in our data charge 2.5% on foreign currency purchases, so none is a clear winner for spending abroad. Check welcome offers for spending thresholds, because some need $15,000 or more in the first few months.
Cash back or points
Cash back is easy to value and has no blackout dates. Points can be worth more, but only if you redeem them well. Aeroplan points suit Air Canada travel, Avion points are flexible across travel and transfers, and WestJet and Marriott Bonvoy points work best if you already use those brands.
If you are unsure, start with the BMO CashBack Business Mastercard. You can add a points card later and use each where it earns the most. Our card combo optimizer can help you test that.
Frequently Asked Questions
What is the best business credit card in Canada?
For most owners who travel, we rank the CIBC Aeroplan Visa Business Card first. It has a $180 fee, 1.5 Aeroplan points on travel, dining and recurring bills, and an offer of up to 75,000 points. For no fee, choose the BMO CashBack Business Mastercard.
What is the best no-fee business credit card?
The BMO CashBack Business Mastercard has no annual fee. It earns 1.5% on gas, phone and internet bills and office supply stores, and 0.75% on other purchases, with an offer of up to $150 cash back.
What is the best business credit card for travel?
For Aeroplan, the American Express Aeroplan Business Reserve Card earns 3 points per $1 on travel and has lounge access, a free checked bag and a companion pass, but costs $599 a year. The CIBC Aeroplan Visa Business Card is the cheaper option at $180.
What is the best business card for flexible points?
The RBC Avion Visa Infinite Business earns 1.25 Avion points per $1 on up to $75,000 a year. At our 1¢ value that is 1.25% back, and the fee is $175.
Are business credit card fees tax deductible?
In many cases the annual fee on a card used only for business is deductible as a business expense. Rules depend on your situation, so check with your accountant.
Do business credit cards affect my personal credit score?
It depends on the issuer and how you apply. Many ask for a personal guarantee and may check your personal credit when you apply. Read the application terms before you submit.
Do business cards charge foreign exchange fees?
Yes. Every business card in our data charges 2.5% on foreign currency purchases. If you spend abroad often, factor that cost into the earn rate.
Are the welcome offers easy to get?
Some are not. The Business Platinum Card from American Express offers up to 120,000 points, but 80,000 need $15,000 in spending in the first 3 months. Check the thresholds and deadlines against your real spending.
Rates, fees and offers change often; confirm them with the provider before you apply. Our picks are editorial and never depend on commissions. See our methodology and how we make money.