1.American Express® Business Gold Rewards Card
American Express
- 1MR point per dollar spent on all purchases
Earn 5,000 points for each monthly billing period in which they spend at least $1,000 in net purchases, for up to 12 consecutive months.
Earn 1 MR point per dollar spent on all purchases.
21.99%
The American Express® Business Gold Rewards Card stands out as the top choice because it offers a straightforward rewards structure that is ideal for business spending, allowing cardholders to earn points on every dollar spent without complicated categories.
Pros:
- Accelerated rewards for business spending
- Comprehensive travel/purchase insurance
Cons:
- High annual fee
- Limited bonus points for high spend
2.Scotiabank Passport Visa Infinite Business Card
Scotiabank
- 1.5Scene+ points per $1 spent on all purchases
30,000 points after spending $5,000 in the first 3 months and an additional 10,000 points after spending $60,000 within the first 12 months.
Earn 1.5 Scene+ points per $1 spent on all purchases.
19.99%
22.99%
What sets the Scotiabank Passport Visa Infinite Business Card apart is its strong earning potential on all purchases combined with no foreign transaction fees, making it an excellent choice for businesses that frequently travel internationally.
Pros:
- No foreign transaction fees
- Complimentary lounge passes
Cons:
- High spending requirement for bonus points
- Annual fee
3.American Express Aeroplan Business Reserve Card
American Express
- 3Aeroplan points on Air Canada/Vacations
- 2Aeroplan points on hotels/car rentals
- 1.25Aeroplan points on other purchases
Earn 65,000 Aeroplan points after spending $10,500 within the first 3 months, with additional points awarded in month 13.
Earn 3x Aeroplan points on Air Canada/Vacations, 2x on hotels/car rentals, and 1.25x on other purchases.
21.99%
21.99%
The American Express Aeroplan Business Reserve Card is a premium option for business owners, offering exceptional rewards on travel-related purchases and a substantial welcome bonus that can significantly enhance travel experiences.
Pros:
- High earning potential for travel
- Includes premium travel benefits
Cons:
- High annual fee
- Spending requirement for bonus points
- 4Points on gas, office supplies, and internet/phone bills
- 1.5Points on all other purchases
20,000 points upon the first purchase and 8,000 monthly points for spending $3,000+ from months 3 to 12.
Earn 4 points per $1 spent on gas, office supplies, and internet/phone bills, along with 1.5 points on all other purchases.
18.99%
23.99%
The BMO Ascend World Elite Business Mastercard shines for its high-velocity rewards structure, particularly for businesses that frequently incur expenses on gas and office supplies, making it a valuable tool for maximizing rewards.
Pros:
- High rewards on common business expenses
- Waived annual fee in the first year
Cons:
- Annual fee after the first year
- Limited to specific categories for high rewards
5.Marriott Bonvoy Business American Express Card
American Express
- 6Points at Marriott hotels
- 4Points on dining, gas, shipping, and travel
Earn 60,000 points after spending $5,000 on your Card in your first 3 months.
Earn 6x points at Marriott hotels, 4x points on dining/gas/shipping/travel.
21.99%
21.99%
The Marriott Bonvoy Business American Express Card is particularly appealing for business owners who frequently stay at Marriott properties, offering substantial rewards and annual perks that enhance travel experiences.
Pros:
- High earning potential for hotel stays
- Annual free night award
Cons:
- Annual fee
- Spending requirement for bonus points
- 1Cashback on all purchases
Includes additional incentives such as $50 back on incorporation fees for new businesses.
Earn 1% cashback on all purchases.
The Venn Mastercard Charge Card is designed for businesses looking for a straightforward cashback solution without the complexities of traditional credit cards, making it an excellent choice for managing expenses.
Pros:
- No annual fee
- Unlimited cashback on all purchases
Cons:
- Secured card model may limit spending
- Low foreign exchange fee
Final Words
As you consider the best business credit cards this February 2026 in Canada, remember that the right choice hinges on aligning the card's benefits with your unique business needs. Take time to compare options and make informed decisions that will enhance your financial strategy and support your growth.
Frequently Asked Questions
Earn 5,000 points for each monthly billing period in which they spend at least $1,000 in net purchases, for up to 12 consecutive months.
Earn 1.5 Scene+ points per $1 spent on all purchases, allowing you to accumulate points quickly on your business expenditures.
Earn 3x Aeroplan points on Air Canada/Vacations, 2x on hotels/car rentals, and 1.25x on other purchases.
The annual fee for the American Express® Business Gold Rewards Card is CA$199.
Consider factors such as reward rates, welcome bonuses, annual fees, and any additional benefits like travel insurance or purchase protection. Analyzing your business spending patterns will help you select a card that maximizes your rewards.
To apply for a business credit card in Canada, you typically need to provide information about your business, including its legal structure, revenue, and expenses. Most applications can be completed online within a few minutes.
Yes, the Scotiabank Passport Visa Infinite Business Card has an annual fee of CA$199.
Eligibility for business credit cards often requires you to have a registered business, a good credit score, and demonstrable income. Some cards may have specific revenue thresholds that your business must meet.
