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…
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Small Business Loan vs. Business Credit Card 2019
Small business loans and business credit cards are financing options businesses use to access working capital. When thinking about a small business loan vs. business credit card, remember loans are best for companies with $100,000+ in revenues with big one-time expenses, while credit cards are best for financing recurring expenses and managing employee spending. Small…
Secured vs Unsecured Credit Card: Differences & Which Is Best
Issuers of unsecured credit cards extend a line of credit based on your credit score and income. Issuers of secured credit cards extend a line of credit equal to a required cash deposit. Both cards come with fees and interest charged on carried balances. Most people with a 640+ credit score get unsecured credit cards….
Chase Ink Review
In this Chase Ink review, we compare Chase Ink Business CashSM, Chase Ink Business Preferred®, and Chase Ink Business UnlimitedSM. These are excellent business rewards cards that offer introductory rewards of $500 or 100,000 points. The Chase Ink Business Preferred® is the only card with no 0% introductory annual percentage rate (APR) and an annual fee…
U.S. Bank Business Select Rewards Card Review
The U.S. Bank Business Select Rewards Card is a good rewards card for owners who can take advantage of the you-choose-it rewards program. You’ll earn three times the points in one of three categories you choose: day-to-day expenses, automotive or travel, and entertainment. There’s no annual fee and an ongoing annual percentage rate (APR) as…
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…
U.S. Bank FlexPerks® Business Travel Rewards Card Review
U.S. Bank FlexPerks® Business Travel Rewards Card is a credit card built for companies with moderate travel expenses. In months when airfare is your biggest expense, earn two times the points per dollar. When you spend heavily on gas or office supplies, earn two times the points on those purchases instead. Ongoing annual percentage rate…
Business Credit Card vs Business Line of Credit: Price, Features, & What’s Best in 2019
Business credit cards and lines of credit are short-term financing options used by small businesses to access working capital for different purposes. A business credit card is a financing option that’s used to make business-related purchases. A business line of credit gives business owners access to funds that can be drawn on as needed. offers…
How Brex Is Changing Corporate Credit Cards
Brex offers corporate credit cards without a personal guarantee to startup businesses that can’t qualify for traditional corporate cards. determines approval and credit limits based, in part, on how much money companies have in their bank accounts, with a $100,000 minimum. We asked CEO Henrique Dubugras how Brex is helping new firms succeed. Dubugras and…
Is a Corporate Credit Card Right for Your Small Business?
A corporate credit card is best for businesses that have $4 million+ in annual revenue and $250,000+ in annual card expenses. The primary benefit of a corporate credit card is that company owners have no personal liability. Since the balance must be paid in full each month, there is no APR. If your business isn’t…
How to Maximize Small Business Credit Card Rewards in 7 Steps
There’s more to maximizing credit card rewards than just paying for business expenses with plastic. The first step: Find a small business credit card that offers top rewards on the goods and services your company most frequently purchases. We’ll show you how to pick that perfect card and other ways to maximize credit card rewards….