Business credit cards can help grow your small business, giving you access to capital with the ability to track and manage employee expenses. While these cards can come with rewards and perks that add value to your business, they can also help you build and establish a solid credit history. We compiled seven business credit…
All Business Credit Cards Articles - Page 4
5 Best Business Prepaid Cards 2020
Editor’s note: This is a recurring post with regularly verified card details. Prepaid business credit cards are designed for small business owners who can’t qualify for or don’t want a typical business credit card. They require fewer qualifications than business cards while also limiting the owner’s risk. The best cards can help small business owners…
9 Tips for Separating Business and Personal Finances
Separating your personal and business finances will help keep your business expenses organized. Incorporating your business, opening business bank accounts, and applying for business credit cards can help protect your personal assets and make bookkeeping much easier. We compiled nine best practices that can help you run your business successfully and track its overall financial…
6 Best Cash Back Business Credit Cards 2020
Editor’s note: This is a recurring post with regularly verified card details. Last verified on June 12, 2020. Cash back credit cards let business owners earn and redeem rewards for statement credits—an automatic credit to your bill—and direct deposits. These rewards serve as discounts on typical business-related purchases, such as office supplies, gas fill-ups, and…
6 Best Credit Cards for Self-employed Workers 2020
Editor’s Note: This is a recurring post with regularly verified card details. Self-employed workers should consider using credit cards to make business easier by maximizing rewards and keeping expenses manageable. If you’re self-employed, the best options can help you stay on budget through no-interest financing, rewards on common business purchases like office supplies, and sign-up…
Is It Illegal to Use a Business Credit Card for Personal Use?
While it’s not illegal to use a business credit card to cover personal expenses, this can cause confusion when it comes to tracking your business-related expenses. Business credit cards are best used to help separate your business and personal finances and earn rewards for your company’s purchases. However, there are some advantages to using business…
Do Business Credit Cards Affect Personal Credit?
How you use your business credit card can impact your personal credit. Some business credit cards report payment history to consumer credit bureaus, which means any late payments you make could hurt your personal credit score. But if you use your card responsibly and always pay your bills on time, a business credit card could…
What Does 0% APR Mean, and How Does It Work?
0% APR allows you to charge purchases and make balance transfers on a new credit card with no interest for a specific time period. Once this introductory period ends, any unpaid balances will assess the regular annual percentage rate (APR). The best 0% APR credit cards offer no-interest financing for up to 18 months. How…
5 Best Instant Approval Business Credit Cards 2020
Instant approval business credit cards are an excellent way to access necessary funding quickly. In addition to your credit limit, you’ll earn ongoing rewards and have access to 0% introductory annual percentage rates (APRs). Some of these business credit cards with instant approval capabilities don’t even require a personal credit check. The best instant approval…
What Is a Foreign Transaction Fee & How Does It Work?
A foreign transaction fee, also known as an FX fee, is charged by credit card issuers when you use your credit card internationally, or when you make a purchase in foreign currencies. You may also incur a fee when your transaction is routed through a non-US bank. Fees are a percentage of the amount of…
What Is a Credit Limit?
A credit limit is the maximum amount you can charge on your credit card, which is predetermined by your card issuer. The larger your limit, the more you can spend on your credit card. Credit card issuers use several factors to determine your credit limit, including your income, credit score, and other financial considerations. To…
Chase Ink Points Explained: Value, Rewards & Calculator
Chase Ink points are part of Chase Ultimate Rewards, which you can earn through three Chase Ink credit cards. You can redeem Chase Ink business points for cash back, gift cards, or travel. Redemption value is at least 1 to 1.25 cents per point, depending on the Chase business credit card you apply for. Business…