If you are thinking of starting an enterprise, the most important question is “Can I get my business credit card?” The answer is a resounding yes, but the process of getting a business credit card can be a bit overwhelming and confusing. Here are some tips to learn about getting credit card.
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Brex 30
Brex offers a variety of financial products, including corporate credit cards along with spend management and expense management software. It provides an all-in-one financial solution for startups.
The Brex Card, or Brex for Startups, is an credit card that assists startups establish credit histories. Applicants don’t pay interest or need to provide an individual guarantee. Instead, applicants are rated by the company’s business model and spending habits.
Credit limits up to 100 percent are permitted for applicants. This limit is determined by the amount the customer has in their Brex Cash account. Every day, the Brex Card draws from the account to determine its spending limit.
With the Brex Corporate Credit Card You can earn rewards on purchases. Brex Travel offers four points for booking travel. You can also earn three points for dining.
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Capital on Tap
Capital on Tap is a small-sized business credit card that can also be used as a spend management tool. The card offers a variety of advantages, including a fixed 1.5 percent cashback rate on all purchases. There are no annual fees, and the card doesn’t have any other requirements aside from an excellent credit score.
For a startup business it is possible to reap the benefits of a low-interest business credit card could be very appealing. It is also possible to look into a business credit card that offers additional protection.
One of the main features of a low-interest business credit card is that you don’t have to worry about managing multiple cards or worrying about how much you’ll be able to pay every month. This is particularly applicable if you’re planning to finance large expenditures.
Ink Business Preferred Credit Card
The Ink Business Preferred card is one of the best business credit cards available to start-up companies. It offers a variety of benefits, like the highest sign-up bonus, purchase protection, and travel perks. However, it does have several drawbacks.
The Ink Business Preferred Card may not be the perfect choice for your business. There aren’t any promotional APR promotions available, and the spending limit may be too low for your business. It’s also not the most generous points-earning feature.
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On the other hand, the Ink Business Preferred Card offers a lot of other useful features, including liability coverage, primary car rental coverage and a shopping protection. If you’re a small-sized business owner, you’ll definitely get these benefits.
The Ink Business Preferred Card is another excellent way to earn points. Spend in certain categories , and you’ll earn 3 points for every dollar. For example the case of spending $500 on purchases on your card within the first three months, you will receive a 100,000-point welcome bonus.
Divide
If you’re a startup business owner looking for an account for business credit, you may want to consider Divvy. This type of card offers many advantages and features. It also allows you to keep track of your business expenses.
Divvy can be integrated with any accounting software to allow users to monitor their financial expenses. You can create budget, set limits, and request funds. In addition, Divvy allows you to set a spending limit for your employees.
Divvy also has a corporate card. These cards review your company financial situation and help you determine how much you should spend each month. Contrary to traditional business credit cards, Divvy is not a requirement for personal guarantees.
However, Divvy does not disclose any interest rates on its website. It is essential to know the interest rate for the company before you make an application.
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Chase Ultimate Rewards
Business credit cards are an opportunity to secure the most favorable interest rates on business loans, and they are also able to provide useful rewards. For instance a Chase Ultimate Rewards business credit card gives you bonus points that could be converted to cash back. Certain cards provide rewards for travel and shopping as well as others that can be used to build your credit score.
There are a myriad of credit card issuers you could select from, including Chase. However, you must think about the way you intend to make use of a specific credit card. It is vital to choose the appropriate business credit card that meets your needs.
The Ink Business Preferred(r) Credit Card is a good option for small-sized business owners. The card is a good option for earning rewards for a variety of purchase categories and even protects employees’ mobile phone bills.