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What Business Credit Card Should Your Company Have?

Written by admin on Sep 11th, 2008 | Filed under: Uncategorized

For anyone who has ever owned a small business, we know that accounting and paying for every day needs can be no small task. Does one pay cash, pay it out of a checking account, use a debit card or credit card to pay their everyday expenses for things such as office supplies? Many credit card companies are offering some very enticing credit card options for small business owners that may be worth looking into. They are offering some very good sign up bonuses for qualified business users. Usually to get the really great rewards you will have to open up a checking account as well as a credit card, but it’s not a big deal to move one’s checking account, since most of the features are usually pretty much the same anyway. One great thing about business credit cards is that you don’t actually have to be a business user in order to get one, they don’t really check and probably don’t care.

American Express offers a card called the “Business Gold Rewards Card.” It offers $150 in easy rewards in the form of a $100 credit on your first statement, so you’ll want to spend at least $100 your first month or you lose it! You also instantly get 5000 points which can redeemed for about a $50 gift card when you make your first purchase. The downside to this card it that there’s a $125 annual fee, but it’s waived for the first year. So you can apply for it, pocket the $150 quick and just cancel before the first year is up.

American Express also offers their Starwood Preferred Guest Business Card which by signing up for you will instantly earn 10,000 points which is redeemable for a $100 gift certificate on your first purchase. There’s an annual fee off $30 which is waived for the first year. So much like the first card, you can take the bonus and close the account without paying a dime.

Citibank offers its Citi Business Master Card with “ThankYou Rewards”. If approved for this card, you’ll receive $100 in ThankYou Rewards which are redeemable for various gift certificates with your first purchase, and there’s no annual fee!

In addition, Citibank features their Citi Business Premier Pass credit card. With this card you’ll receive $150 worth of ThankYou Rewards which you can redeem for gift certificates and the like with your first purchase. There’s an annual fee of $75 which is waived the first year. So you can sign up, take the rewards and run.

If you were to apply for all of these cards and get approved, that’d be $500 in your pocket with no expense!

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