If you are thinking of starting your own business, the first important question you should ask yourself is “Can I get my business credit card?” While the answer is yes it can be difficult and confusing to apply for a business credit card. Here are some things you need to be aware of before obtaining an credit card.
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Brex 30
Brex provides a range of financial services like corporate credit cards spending management, as well as expense management software. Brex provides a complete financial solution to startups.
The Brex Card, also known as Brex for Startups is a credit card for start-ups that helps them build their credit score. Applicants don’t pay interest or need to provide a personal guarantee. Instead the applicants are evaluated on their business model and their spending habits.
Credit limits of up to 100 percent are available to applicants. The limit is by the amount of cash in the customer’s Brex Cash account. Each day, the Brex Card draws from the account to determine the limit of its spending.
With the Brex Corporate Credit Card you can earn substantial rewards on purchases. For instance, you could get four points on travel booked through Brex Travel. Additionally, you can earn three points when dining out.
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Capital on Tap
Capital on Tap is a small business credit card that can also be used as a spending management tool. The card comes with a variety of benefits including a standard 1.5 percent cash back rate on all purchases. The card has no annual fees and does not have any other qualifications other than an excellent credit score.
If you are a new business, the benefits of using a business credit card that is low-interest are a great deal. A business credit card that comes with additional security could be a viable option.
A low-interest business credit card are very convenient because you don’t have to worry of managing multiple cards or worrying about how much money you can afford each month. This is particularly true if you’re looking to finance large expenses.
Ink Business Preferred credit card
The Ink Business Preferred card is one of the top business credit cards for startup companies. It provides a wide range of benefits, such as an excellent sign-up bonus purchase security, and travel perks. However, it does have several drawbacks.
The Ink Business Preferred Card may not be the best choice for you. There aren’t any introductory APR promotions and the spending limit might not be suitable for your business. It’s also not the best points-earning program.
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The Ink Business Preferred Card, on the other hand, offers many other useful features like liability insurance as well as primary coverage for car rentals shopping protection, as well as primary coverage for rental cars. As a small company owner, you’ll certainly benefit from these perks.
The Ink Business Preferred Card is another great way to earn points. If you make purchases in certain categories, you’ll earn three points for every dollar you spend. For instance, if make a purchase of $500 to your credit card within the first three months, you’ll get an initial bonus of 100,000 points.
Divvy
If you’re a start-up business owner in search of an account for business credit you might want to consider Divvy. This kind of card comes with a range of benefits and features. You can also track your business expenses with this card.
Divvy works with external accounting software, and allows users to easily view the financial expenses. The program lets you make a budget, limit spending, and request funds. 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 finances and assist you to decide what amount of money you’ll need to invest every month. In contrast 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 company’s interest rate before you make an application.
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Chase Ultimate Rewards
Business credit cards can be used to obtain the highest interest rates for business loans and offer valuable rewards. Chase Ultimate Rewards business credit cards provide bonus points that can be converted to cash back. Some cards offer rewards for shopping and travel, and others can be used to to build credit for your business.
Apart from the top business credit cards offered by Chase, there are other credit card issuers you can choose from. However, you should think about how you will utilize a specific credit card. It is crucial to locate the best business credit card to meet your requirements.
The Ink Business Preferred(r) Credit Card is a good choice for a small business owner. This card provides solid rewards on various purchase categories as well as protects employees’ mobile phone bills.