If you’re thinking about starting your own business, the first important question to ask is “Can I get my business credit card?” The answer is a resounding yes however the process of applying for an official business credit card can be a bit overwhelming and confusing. Here are a few things to be aware of before obtaining a credit card.
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Brex 30
Brex offers a wide variety of financial services, such as corporate credit cards, spend management, and expense management software. Brex is a complete financial solution for entrepreneurs.
The Brex Card, also referred to as Brex for Startups is a credit card for start-ups that helps them establish their credit histories. It doesn’t charge interest and don’t need to provide personal guarantees. Instead the applicants are evaluated on their budget and business model.
Users can get 100 percent credit. The limit is determined by the amount of money customers have in their Brex Cash account. Each day the Brex Card draws from the account to determine its limit for spending.
With the Brex Corporate Credit Card, you can earn valuable rewards on purchases. For example, you can earn four points on trips booked through Brex Travel. You can also receive three points for dining.
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Capital on Tap
Capital on Tap is an all-in-one small business credit card and spend management system. The card provides a range of advantages, including a fixed 1.5 percent cashback rate on all purchases. There are no annual charges, and the card does not have other requirements except for an excellent credit score.
If you are a new business it is possible to reap the benefits of the low-interest business credit cards can be extremely appealing. It is also possible to look into a credit card for business that offers additional protection.
A business credit card with a low-interest rate are very convenient because you’re not burdened with the stress of managing multiple cards or worrying about how much money you can afford each month. This is especially important if you’re trying to finance large expenses.
Ink Business Preferred credit card
The Ink Business Preferred card is one of the best business credit cards for startup businesses. It offers a range of benefits, such as the highest sign-up bonus, purchase security, and travel perks. However, it does have some disadvantages.
The Ink Business Preferred Card may not be ideal. There aren’t any promotional APR promotions to be found, and the spending cap may be too low for your company. It’s not the most efficient points-earning feature.
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The Ink Business Preferred Card, however, offers many other useful features like liability insurance and primary car rental coverage, shopping protection, and primary coverage for car rentals. These perks are great for small business owners.
The Ink Business Preferred Card is another excellent way to earn points. When you spend money in certain categories, you’ll earn three points for every dollar you spend. For instance, if charge $500 in purchases to your card during the first three months, you’ll be eligible for an initial bonus of 100,000 points.
Divvy
The Divvy card is a great choice for business owners in the beginning seeking a business card. This kind of card comes with various advantages and features. You can also keep track of your business expenses using this card.
Divvy can be used with accounting software, allowing users to view their the financial expenses. The program lets you create a budget, limit spending and request money. In addition, Divvy allows you to set a spending limit for your employees.
Divvy also offers a corporate credit card for businesses. These cards analyze your business financial situation and help you decide on how much you can spend every month. Divvy doesn’t require personal guarantees, unlike traditional business credit cards.
However, Divvy does not disclose any interest rates on its website. It is crucial to know the interest rate of the company prior to you make an application.
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Chase Ultimate Rewards
Business credit cards offer the chance to secure best interest rates on business loans. They are also able to provide useful rewards. Chase Ultimate Rewards business credit cards offer bonus points that can be converted into cash back. Some cards offer rewards for travel and shopping, and others can be used to build your business’s credit.
In addition to the top business credit cards offered by Chase There are other credit card issuers you can use. However, you should consider the manner in which you use a particular credit card. It is essential to locate the right business credit card that will meet your specific requirements.
The Ink Business Preferred(r) Credit Card is a viable option for small-sized business owners. This card offers solid rewards on a variety of purchase categories as well as covers cell phone bills.
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