Small business credit cards offer credit, controls and compensation to owners
Getting small business credit card great way to build credit, control expenses and earn rewards
Small businesses today are looking for a small business credit card to help build credit ratings and control business expenses. Fortunately, today's small business credit cards accomplish many positive goals for owners and professional seeking to separate their personal credit card charges from their business's.
First of all businessmen and businesswomen can control and monitor employee spending by reviewing the monthly statements or checking transactions regularly online. In addition, these business cards enable cardholders to accumulate air mile reward points, get cash back and other business perks. What a great legitimate way to enjoy personal benefits with corporate dollars.
But experts caution that you should apply for a small business credit card and use accumulated reward points for free travel, merchandise, or as employee incentives, only if you are prepared to avoid co-mingling personal and business expenses. Mixing your business and personal transactions creates potential tax and money management problems. By using a small business credit card, you will let the IRS and anyone else know you are serious about your business.
So how do you choose the best small business credit card? Several leading credit card companies, including American Express, Chase, Advanta and Citi offer online applications for small business credit cards.
American Express is a leader in innovative small business credit card offers. It offers a multitude of business cards tailored to suit almost any credit situation. The Amex array of small business credit choices lets you save money with purchases of inventory and services at Staples, FedEx and Hertz, and also earn up to 5% cash rebates with a low introductory APR on your balance transfers (with selected charge cards).
JPMorgan Chase also loves small businesses. Chase Bank offers flexible rewards for cash back to you, free travel anywhere, brand name merchandise and gift cards to your favorite stores and restaurants. They offer bonus points upon approval along with 0 APR balance transfers and no annual fees. Chase has many different business reward cards that should meet any small business requirements.
One of the key benefits of a small business credit card is consolidating your business expenses into one single credit card account. Advanta business cards, issued by Advanta Bank Corp, give small businesses and professionals better products and services. Advanta is one of the nation's largest issuers of MasterCard business credit cards to small businesses. Through its reward program, Master card holders receive cash rebates for their business purchases or various other rewards such as frequent flyer airline miles.
And finally, Citibank has come up with Citi Business and Advantage credit cards. Citi business card holders enjoy very generous business credit card offers, with low rates on purchases, free account summaries and 24/7 access to Citi Business online services. With the generous credit line, this business card helps you take advantage of discounts on purchases from various participating retailers. Additionally, these business credit cards gives platinum benefits like travel accident insurance, auto rental insurance and fraud protection.
So apply for a small business card offer today and start enjoy the many rewards of being an entrepreneur.