Who can get business credit card?
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All the businessmen are eligible for getting a business credit card, even if you are a small businessman or you are doing work from home such as free lancing you can get the business credit cards. The business credit cards are helpful in many ways like providing instant money, no interest expenses to be bared, also the business credit cards provide the bonus and some other benefits so that it is helpful to the person in making money while saving in the expenses.
Which are the things to be considered while choosing a business credit card?
- Know your credit score:
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It is necessary that the credit score of the person is known while applying for the credit card. The most important thing which is necessary for the credit card is your credit history. The better the credit history the more helpful it will be to obtain a better credit card. The credit score is dependent on the past payment, type of credit used, amounts owed, etc.
- Know each credit card company’s rules:
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Many of the people don’t know all the rules and regulations of the credit card companies and they start using their credit card in a haphazard way. The business credit card shall be selected after knowing the rules and regulation of all these credit card companies e.g. if one company is providing that you cannot get the credit card if you already have any other 3 companies credit card then you should get first the card of these company as the other companies have no such rules so it will help you when you want more than 3 cards.
- Don’t spend more than you can pay:
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Many of the people spend more money so that they can get the advantage of the bonus which is available to them for some period when the credit card is owned, after some time when the time for payment they cannot pay the money which are billed in the credit card, it will affect their credit score and there will be problems in obtain such other credits.
Some of the best business credit cards
Source : busybusiness.net
- Capital one spark miles for business
- Chase ink business preferred credit card
- The business platinum card from American express
- United mileage plus explorer business card
- Capital one spark cash credit card
- Chase ink business cash credit card
- American express business gold card
- Starwood preferred guest business credit card from American express
- Brex corporate card with exclusive rewards
- Citi business advantage platinum select world MasterCard
- South west rapid rewards premier business credit card.
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Whether the business is older or it is new, all business needs the business credit card because the credit availability is very much important for the business, no person can pay to the suppliers of either services or goods at the time he receives it. So it has become need of all the business to get a credit card so that no business activity gets interrupted with the problem of money.