Best business credit cards for sole proprietorships

Best for building credit

The no-annual-fee Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card can help build your credit history while earning unlimited 1.5 percent cash back on all purchases. Your credit line will be equal to your deposit amount, with a $1,000 minimum security deposit required. As your credit improves, you may automatically qualify for an upgrade to an unsecured credit card, giving you a seamless transition towards better rewards and benefits for your business.
Pros

Unlike many secured cards, this card doesn’t charge an annual fee.

You can earn unlimited rewards, a rare feature on secured cards.
Cons

There’s no welcome bonus or intro APR offer to provide additional value.

Your credit limit is tied to the amount of your security deposit, which may make credit utilization difficult.

Is Credit Card Debt Consolidation a Good Idea? Pros & Cons