If you’re thinking of starting a business, the most important thing to consider is “Can I get my business credit card?” Although there is a yes answer, it can be confusing and overwhelming to apply for a business credit card. Here are some things to learn about getting a credit card.
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Brex 30
Brex provides a variety of financial services, such as corporate credit cards and spend management as well as expense management software. Brex offers a comprehensive financial solution for entrepreneurs.
The Brex Card, also known as Brex for Startups is a credit card that helps start-ups build their credit score. Applicants don’t pay interest and don’t need to offer personal guarantees. Instead, applicants are rated by the company’s business model and spending habits.
Customers can get up to 100 percent credit. This limit is determined by the amount of money the customer has in their Brex Cash account. The Brex Card draws daily from the account to determine its spending limits.
With a Brex Corporate Credit Card you can earn substantial rewards on purchases. Brex Travel offers four points when you book travel. You can also earn three points when dining out.
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Capital on Tap
Capital on Tap is a small business credit card that can be used as a spend management tool. It offers a wide range of benefits, including a simple 1.5% cashback rate on all purchases. There are no annual fees and the card doesn’t have other requirements other than a good credit score.
A business credit card with a low-interest rate is a great choice for startups. You may also consider a business credit card which offers additional security.
One of the primary features of a low-interest business credit card is that you don’t have to worry about juggling multiple cards or worrying about how much you can afford to pay every month. This is especially true when you are planning to finance significant expenses.
Ink Business Preferred Credit Card
The Ink Business Preferred card is one of the top business credit cards designed for start-up companies. It provides many advantages, such as a huge sign-up bonus along with purchase protection, as well as travel perks. However, it has a few drawbacks.
The Ink Business Preferred Card may not be the best choice for you. There aren’t any introductory APR promotions to be found and the spending limit may be too low for your company. It’s also not the most effective point-earning option.
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On the other hand it is worth noting that the Ink Business Preferred Card offers a lot of other useful features, such as liability insurance in addition to primary car rental insurance and a shopping protection. These perks are perfect for small business owners.
Furthermore to that, the Ink Business Preferred Card is an excellent opportunity to earn points. Spend in certain categories , and you’ll earn 3 points for every dollar. For example, if you spend $500 on purchases with your card within the first three months, you’ll receive a 100,000 point welcome bonus.
Divide
If you’re a start-up business owner in search of an account for business credit you might want look into Divvy. This card comes with a wide range of benefits and features. You can also keep track of your business expenses using this card.
Divvy can be used with accounting software, allowing users to easily monitor the financial expenses. You can then create budget, set limits, and request funds. In addition, Divvy allows you to set a maximum spending limit for your employees.
Divvy also offers a corporate credit card for corporate customers. The cards analyze your company’s finances and determine the amount you can spend every month. Divvy doesn’t require personal guarantees, unlike traditional business credit cards.
However, Divvy doesn’t disclose interest rates on its website. Therefore, it’s essential to know the rate of the company prior to applying.
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Chase Ultimate Rewards
Business credit cards can be used to secure the highest interest rates for business loans, and also provide valuable rewards. For example the Chase Ultimate Rewards business credit card provides bonus points which can be converted into cash back. Certain cards provide rewards for shopping and travel as well as other cards that can be used to help to build credit for your business.
Apart from the top business credit cards from Chase but there are many other credit card issuers you can choose from. You must also think about what you intend to do with the credit card. It is important to find an enterprise credit card that will meet your particular needs.
Small-sized businesses will find the Ink Business Preferred(r) Credit Card a fantastic option. The card gives you solid rewards on a variety of purchase categories, and it even covers cell phone bills.