An employee credit card permits your employee to purchase goods and services on behalf of the company while giving you the ability to monitor and control spending. Many issuers offer free employee credit cards, allowing you to earn rewards on their spending without paying an additional fee per card. Using employee credit cards will save…
5 Best P-Cards
A purchasing card, also called a P-Card, is a charge card but is used to procure goods and services from merchants without other payment methods, such as checks and automated clearing house (ACH) transactions. How you plan to use a P-Card, its costs, potential benefits, and qualification requirements likely determine the best P-Card for you….
Bank of America Business Credit Card Reviews
Bank of America offers five business credit cards that offer various features, including cash back rewards, travel rewards, no-interest and low-interest financing, and no annual fee. On average, Bank of America credit cards offer lower ongoing annual percentage rates (APRs) and annual fees than other issuers. Bank of America business cards are best for businesses…
Chase Business Credit Cards Reviews
Chase offers six different business credit cards in a range of categories, including no-interest, travel rewards, and cash back rewards. Although their ongoing annual percentage rates (APRs) are about average, this provider offers cards that consistently rank high among business cards that offer introductory and ongoing rewards. Chase business credit cards are best for owners…
Chase Ink Business Preferred® vs Chase Ink Business Cash®
The primary differences between Chase Ink Business Preferred® vs Chase Ink Business Cash® are the fees and rewards structure. Chase Ink Business Preferred® offers travel rewards and charges $95 annually. Chase Ink Business Cash® pays up to 5% cash back, charges no annual fee, and has the lower ongoing APR starting at 13.24%. When to…
Wells Fargo Business Credit Card Reviews
You can choose from three Wells Fargo business credit cards, including a cash back card, a card for businesses with $1 million in annual sales, and a card for building credit. These cards are best for businesses wanting to earn 1.5% cash back. The issuer also offers the top-rated secured business credit card. Business owners…
Capital One Business Credit Card Reviews
Capital One offers five business credit cards, which include cash back, travel, no-interest, secured, and fair credit business credit card options. They typically carry low annual fees compared to competitors and offer average ongoing annual percentage rates (APRs). Capital One business cards are best for business owners looking to earn rewards while paying low annual…
American Express Business Card Reviews
There are various American Express business credit cards, such as cash-back credit cards, travel credit cards, and no-interest credit cards. American Express business cards are best for business owners who want to earn rewards and have access to additional travel benefits. Plus, they allow business owners to separate and track employee expenses. With all things…
How to Create an Internal Corporate Credit Card Policy Agreement
A corporate credit card policy explains the usage, eligibility, and requirements of a company credit card. Corporate credit card policies are internal agreements between an employer and its employees, and it outlines the acceptable and unacceptable use of corporate credit cards. Such policies define expectations related to card repayment, expense reimbursement, liability, and credit limits….
Small Business Credit Cards vs Purchasing Cards
When comparing small business credit cards vs purchasing cards (P cards), the primary difference is that you don’t pay interest on P cards because the balance is paid in full monthly. Both are short term financing options for business-related purchase, but purchasing cards are meant specifically to streamline the business-to-business purchasing process. Small Business Credit…
Wells Fargo Business Platinum Credit Card Review 2019
The Wells Fargo Business Platinum Credit Card is a solid pick for business owners who value ongoing fixed-rate rewards over category bonuses. It offers either 1.5% cash back or one point per dollar spent on all purchases. The card carries no annual fee and an ongoing annual percentage rate (APR) as low as 13.49%. The…