Business Credit Cards

0% introductory APR

A zero percent introductory interest rate credit card is useful for consolidating your existing credit card debt onto one card. Most business credit cards tend to have higher APR rates than traditional credit cards. If you may keep a balance on a business credit card, choose a credit card with a reasonable rate.

Small business owners often turn to credit cards for all kinds of purchases. That's because they often find it tough to qualify for loans from banks. Just like personal credit cards, business credit cards bring convenience and often rewards. Rewards programs may include earning airline miles, merchandise, hotel stays, or cash back. But keep in mind that reward credit cards may have an annual fee or higher interest rates than non-rewards cards.

Purchases can be made at the time you need them, instead of waiting to get approval for a business loan. Many credit card companies also offer statements that can help you keep better financial records. They usually offer a monthly breakdown of purchases by categories. If you have multiple users of credit cards at your company, a consolidated billing statement can allow you to view all of your employees' expenses together. This can allow you to analyze spending patterns and look for ways to cut back on expenditures.

A business credit card can allow you to buy what's needed to get your company off the ground. But when it comes to debt, business credit cards are just like personal ones: they're likely to benefit you more if you clear your balance every month.

Rewards

Earning rewards for everyday business expenses like travel, gas, and office supplies is simple with a rewards credit card. Don't be scared off by annual fees, since the higher rewards rate is sometimes worthwhile. But each rewards card offers incentives for different business expenses, so be sure to pick the best match for your company.

Small business owners often turn to credit cards for all kinds of purchases. That's because they often find it tough to qualify for loans from banks. Just like personal credit cards, business credit cards bring convenience and often rewards. Rewards programs may include earning airline miles, merchandise, hotel stays, or cash back. But keep in mind that reward credit cards may have an annual fee or higher interest rates than non-rewards cards.

Purchases can be made at the time you need them, instead of waiting to get approval for a business loan. Many credit card companies also offer statements that can help you keep better financial records. They usually offer a monthly breakdown of purchases by categories. If you have multiple users of credit cards at your company, a consolidated billing statement can allow you to view all of your employees' expenses together. This can allow you to analyze spending patterns and look for ways to cut back on expenditures.

A business credit card can allow you to buy what's needed to get your company off the ground. But when it comes to debt, business credit cards are just like personal ones: they're likely to benefit you more if you clear your balance every month.

Cash Back

Credit card offers are everywhere. It's easy to apply for a credit card simply because the offer looks good, but have you really stopped to think about whether that's the right card for you. You can save hundreds, and maybe even thousands, of dollars by shopping around for a credit card.

There are many different types of credit cards to choose from: regular credit cards, rewards credit cards, and student credit cards. Understand what kind of card you're applying for before filling out the application.

Cash Back

Cash back credit cards are card offers that promise a percentage of your purchase back in the form of a cash back rebate. Before you fill out a credit card application for a cash back rewards offer, there are several things you should know about the details of the offer. Plus, you need to have a game plan for how you will use the card, and how you will redeem your benefits. Armed with the right information, you can make cash back rewards credit cards work to your advantage.

Personal Credit Cards

Never just pay the minimum. By paying the smallest amount of your bill instead of paying it off every month, you allow the card companies to make money off of you by charging interest. This also makes a charge more expensive.

To snag the best cards, you'll need an excellent credit profile, often including a FICO score of about 750 or higher. You should also wait at least six months between applying for cards to minimize damage to your credit score from the inquiries on your credit report.

FICO Score

A credit score derived from the application of a credit scoring model created by the Fair, Isaac Company to a consumer's credit file held by a credit reporting company. FICO scores range from the 300s to the 900s, but almost all consumers have a score between 500 and 850.

Travel and Airline

Credit Cards that offer Travel and Airline rewards make sense for those who travel a lot for business. Airline credit cards are great for avoiding baggage fees, earnings status faster, and getting large upfront signing bonuses. Travel credit cards come in all shapes and sizes, and it's crucial to choose one that pays out in rewards that you'll actually use.

Small business owners often turn to credit cards for all kinds of purchases. That's because they often find it tough to qualify for loans from banks. Just like personal credit cards, business credit cards bring convenience and often rewards. Rewards programs may include earning airline miles, merchandise, hotel stays, or cash back. But keep in mind that reward credit cards may have an annual fee or higher interest rates than non-rewards cards.

Purchases can be made at the time you need them, instead of waiting to get approval for a business loan. Many credit card companies also offer statements that can help you keep better financial records. They usually offer a monthly breakdown of purchases by categories. If you have multiple users of credit cards at your company, a consolidated billing statement can allow you to view all of your employees' expenses together. This can allow you to analyze spending patterns and look for ways to cut back on expenditures.

A business credit card can allow you to buy what's needed to get your company off the ground. But when it comes to debt, business credit cards are just like personal ones: they're likely to benefit you more if you clear your balance every month.