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Best Small Business Credit Cards
What is the best credit card to get when you are starting your own small business? I had no IDEA there were so many until I started looking around and it seems like every big card issuer has their own special small business card with different features and fees.
I am so confused! I just need someone to say: "This one rocks! Get THIS one for your new business."
Can anyone do that for me? :)
Thank you in advance.
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Maybe give some free advice about: Personal Finance?
This is a tough question. I too have recently set up my own business, and I am looking for a credit card too. What I find, is that there is not one universal card that is perfect for everyone.
What I am going to do, is to go with the Bank that I have my business account, business insurance, and merchant account with. Not only is it easier to have everything with one company, but they also give you discounts.
Of course, this is not ideal for everyone. What I advise you to do is to shop around for cards. Try and find one that gives you the longest period of interest free purchases. Also find one that has (of course) the lowest interest rates.
Also, as a general rule, stick to the big companies. Not only are they more trusted and safer, but they can also afford to give you better deals.
I assume you are from the US. In the United Kingdom, we have a service called "moneysupermarket.com". It compares *everything* for you. Credit Cards, mobile phones, bank loans, insurance, holidays, cars, Literally every service you can buy. I tried to see if there was a US equivalent, but no luck! Which was really surprising! This is what I used to look around.
Finally, search the internet for a business forum. People on there are very friendly, and can suggest deals etc that they have found/used.
Good luck! :)
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