Top Banner
SmallBusiness Credit Cards Which One Is The Best? by FitSmallBusiness.com
21

What Is The Best Small Busines Credit Card?

Jan 12, 2015

Download

Economy & Finance

An overview of our top picks for small business credit cards as well as things to watch out for when choosing a card.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: What Is The Best Small Busines Credit Card?

SmallBusiness Credit Cards Which One Is The Best?by FitSmallBusiness.com

Page 2: What Is The Best Small Busines Credit Card?

The best credit card for your small business may not be a business credit card. Depending on a number of factors, financing your business using personal credit cards may be the best idea.

Page 3: What Is The Best Small Busines Credit Card?

Business credit cards have some benefits, however, they generally do not protect the business owner from being personally responsible for the company’s credit card debt. Furthermore, personal credit cards can offer much better economics.

Page 4: What Is The Best Small Busines Credit Card?

with this in mind we recomend the following

Page 5: What Is The Best Small Busines Credit Card?

Best “Small Business” Credit Card For Average Credit

Great combination of 1.5% cashback & 0% introductory rate offer

Learn More Here

Page 6: What Is The Best Small Busines Credit Card?

Best “Small Business” Credit Card For EXCELLENT Credit

1.0% cashback & fantastic 0% introductory offer that lasts 15 months

Learn More Here

Page 7: What Is The Best Small Busines Credit Card?

Best “Small Business” Travel rewards credit card

Cashback on purchases (but can only be used for travel) and $400 cashback bonus when you spend $1,000 in first 3 months.

Learn More Here

Page 9: What Is The Best Small Busines Credit Card?

Main Benefit Annual Fee / Initial Cash Back Bonus

Initial APR / Annual APR

Credit Score Required

Discover It - 18 Month Balance

Transfer

Great For Balance Transfers / 1.0% Cashback On All

Purchases

No Annual Fee

0% on balance transfers for 18 months with 3%

fee and 0% on new purchases for six

months / 10.99 - 22.99%

“Excellent”

Chase Freedom

Great For Balance Transfers / 1.0% Cashback On All

Purchases

No Annual Fee / $100 bonus after

$500 of purchases

0% on balance transfers and new purchases for 15 months with 3% fee On Balance Transfers /

13.99 - 22.99%

“Good”

Page 11: What Is The Best Small Busines Credit Card?

Benefits of “Real” Business Credit Cards

Page 12: What Is The Best Small Busines Credit Card?

1. The ability to build up the credit rating of your business, which may help when trying to obtain loans and financing.

2. The ability to provide your employees with credit cards for their purchases.

Page 13: What Is The Best Small Busines Credit Card?

3. Clean separation between one’s personal and business finances. This can be extremely important if there is more than one owner of the company.

Page 14: What Is The Best Small Busines Credit Card?

Balance Transfer Offers are totally free But can be dangerous

Page 15: What Is The Best Small Busines Credit Card?

The idea of being able to shift your existing credit card balances to a new company and pay no interest for a year or more, can be very appealing. However, please keep in mind,the following:

Page 16: What Is The Best Small Busines Credit Card?

● There is usually a 3% charge that will be added to the amount of the balance transfer.● If you don’t make timely payments or violate the credit card terms in some way, your great deal can disappear.

Page 17: What Is The Best Small Busines Credit Card?

And Finally...

Page 18: What Is The Best Small Busines Credit Card?

To learn how to be a more successful entrepreneur visit us at....