Choosing a Business Credit Card - Comparing Business Credit Card ApplicationsPosted by Nick Niesen on October 29th, 2010 Does your business pay too much for its credit card? Too many businesses just settle for a basic credit card from their local bank. Those businesses end up paying too much interest or high annual fees. For the money you already give the bank, doesn't your business deserve better? A smart business compares available credit card offers to find the card that best suits them. Just because you have a bank account just down the street, it doesn't mean First you should decide what is important to your business. Do you just want the lowest interest or do you want the best rewards? Analyze your credit card use to see what
Those factors and more will determine which credit card type is right for your business: Low Interest Business Credit Cards If you keep a running balance on your credit card, a low interest rate should be top priority. Make sure that the card doesn't have a high annual fee that offsets the Cash Back Business Credit Cards Get cash back on all your credit card purchases with a card offering this feature. Get a percentage discount everywhere you use these cards. Does your current business Airline Miles Business Credit Cards If you need to travel you should consider a credit card that offers travel rewards. You can earn free flights or other rewards. These cards offer rewards for either Balance Transfer Business Credit Cards Do you owe money on your business credit card? You can transfer that balance to another credit card that offers a special balance transfer interest rate. For their A lot of the best business credit cards will offer a few of those features. Consider your priority of these features when comparing card offers. You don't necessarily Like it? Share it!More by this author |