For those that are starting a business, one the most important questions they’ll have to answer is “Can I get a business credit card?” The answer is yes however, the process of obtaining a business credit card can be confusing and overwhelming. Here are some tips to learn about getting credit card.
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Brex 30
Brex offers a variety of financial services , including corporate credit cards along with spend management and expense management software. Brex provides a complete financial solution for entrepreneurs.
The Brex Card, or Brex for Startups, is an account that helps startups establish credit histories. It doesn’t charge interest or require a personal guarantee. Instead the applicants are evaluated on their financial model and spending habits.
Applicants can have up to 100 percent credit. This limit is based on the amount of money that is in the customer’s Brex Cash account. Every day, the Brex Card draws from the account to determine the limit of its spending.
With the Brex Corporate Credit Card, you can earn valuable rewards on purchases. Brex Travel offers four points for booking travel. You can also earn three points when dining out.
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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 comes with a variety of benefits, including a fixed 1.5 percent cash-back rate on all purchases. The card does not have annual fees and does not have any other qualifications other than having a high credit score.
A business credit card with low interest is a great choice for those who are just starting out. It is also possible to look into a credit card for business which offers additional security.
A low-interest business credit card are extremely convenient since you don’t have the worry of managing multiple credit cards or worrying about how much money you’ll be able to afford each month. This is especially true if are planning to finance significant expenses.
Ink Business Preferred credit card
The Ink Business Preferred card is one of the top business credit cards available to start-up companies. It provides a wide range of benefits, such as an impressive sign-up bonus, 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 offers and the spending limit might not be suitable for your company. Moreover, it’s not the most generous points-earning feature.
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The Ink Business Preferred Card, however it offers a number of additional useful features such as liability coverage, primary car rental coverage shopping protection, and primary coverage for car rental. If you’re a small-sized company owner, you’ll certainly enjoy these benefits.
The Ink Business Preferred Card is another great way to earn points. Spend in certain categories , and you’ll earn three points per dollar. For instance, if add $500 worth of purchases to your card during the first three months, then you’ll be rewarded with an initial bonus of 100,000 points.
Divide
Divvy is an excellent choice for business owners in the beginning looking for an business card. This card comes with a wide range of advantages and features. You can also monitor your business expenses with this card.
Divvy integrates with other accounting software that allows users to quickly view the financial expenses. You can then create budgets, set the limits, and request money. Additionally, Divvy allows you to set a maximum spending limit for your employees.
Divvy also offers corporate cards. These cards evaluate your business’ finances and help you determine how much you should spend each month. As opposed to traditional business credit card, Divvy doesn’t require personal guarantees.
However, Divvy does not disclose any interest rates on its website. It is important to find out the company’s interest rate before you make an application.
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Chase Ultimate Rewards
Business credit cards can be used to secure the most competitive rates of interest for business loans. They also offer rewards. For instance the Chase Ultimate Rewards business credit card provides bonus points which can be converted into cash. Certain cards provide rewards for shopping and traveling as well as others that can be used to improve your credit score.
In addition to the top business credit cards offered by Chase and other credit card issuers you can choose from. You should also think about the method of use for the credit card. It is important to select a business credit card that suits your specific requirements.
The Ink Business Preferred(r) Credit Card is a great option for a small business owner. This card provides solid rewards on different categories of purchases and even protects employees’ mobile phone bills.