For those that are starting the business of their own, one of the most important questions they’ll have to answer is “Can I get a business credit card?” While there is a yes answer it can be a bit challenging and overwhelming to apply for an enterprise credit card. Here are some things to know about how to get credit card.
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Brex provides a broad range of financial services, including corporate credit cards as well as spend management and expense management software. Brex provides a complete financial solution to startups.
The Brex Card, or Brex for Startups, is a credit card that helps startups establish credit histories. The applicants don’t pay interest or require an individual guarantee. Instead, applicants are rated by company business model and spending patterns.
Credit limits as high as 100 percent are allowed for applicants. 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 spending limit.
With a Brex Corporate Credit Card you can earn significant rewards on purchases. For instance, you’ll get four points on travel booked through Brex Travel. You can also earn three points for dining out.
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Capital on Tap
Capital on Tap is a all-in-one small business credit card and a spend management system. 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 doesn’t have any other conditions other than having a high credit score.
A business credit card with low interest is a great choice for new businesses. You may also look into a business credit card that provides additional security.
One of the primary 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 have to pay each month. This is particularly applicable if you’re planning to finance major expenditures.
Ink Business Preferred credit card
The Ink Business Preferred card is one of the top business credit cards available to start-up businesses. It provides a wide range of benefits, like a high sign-up bonus, purchase security, and travel perks. However, it has a few drawbacks.
The Ink Business Preferred Card may not be ideal. There are no introductory APR promotions to be found, and the spending cap may be too low for your business. It’s not the most efficient points-earning program.
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On the other side it is worth noting that the Ink Business Preferred Card offers many other beneficial features, including liability coverage and primary car rental coverage and a shopping insurance. These benefits are perfect for small business owners.
Moreover that, the Ink Business Preferred Card is a great method to earn points. If you make purchases in certain categories, you’ll earn three points per dollar you spend. For example, if you add $500 worth of purchases to your card during the first three months, then you’ll be rewarded with a welcome bonus of 100,000 points.
If you’re a startup business owner in search of an account for business credit You might want to think about Divvy. This type of credit card provides a range of advantages and features. You can also keep track of your business expenses using this card.
Divvy can be used with accounting software, and allows users to easily monitor the financial expenses. You can then create a budget, set limits, and request funds. You can also set the spending limit for your employees.
Divvy also offers a corporate credit card. These cards evaluate your business’s finances and determine the amount you should spend every month. In contrast to traditional business credit cards, Divvy does NOT require an individual guarantee.
However, Divvy does not disclose any interest rates on its website. Therefore, it’s crucial to be aware of the company’s rates prior to applying.
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Chase Ultimate Rewards
Business credit cards can be used to secure most competitive rates of interest for business loans, and also provide valuable rewards. For instance, a Chase Ultimate Rewards business credit card gives you bonus points that can translate to cash back. Some cards offer rewards for purchases and travel while others can be used to improve your credit score.
In addition to the top business credit cards offered by Chase, there are other credit card issuers you can turn to. But, you must consider how you will use a particular credit card. It is important that you choose the appropriate business credit card that meets your requirements.
Small business owners will find the Ink Business Preferred(r) Credit Card a fantastic option. This card provides solid rewards on various purchase categories as well as covers cell phone bills.