| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles


vertical line

5 Tips for Finding the Best Business Credit Card

Choosing a credit card for your business can be even more complicated than choosing a card for personal use. Interest rates, grace periods, rewards, credit limits, additional services and annual fees are all important to consider in order to save money and to choose a card that also serves your needs well.

1. Consider your company's spending and income trends. Do you need money to buy project supplies that are paid for by your clients after a few weeks or months? Do you need to cover high price expenses like entertaining clients that require the convenience of a card but can be paid off within the next billing period? Do you use a credit card only on rare but necessary occasions? Analyzing your business needs with these questions and more can help you to make sure the terms of your new card mesh well with how you do business.

2. Consider the card features that are most important to your company. Is no annual fee or a high credit limit more important? Do your employees travel enough for an airline card to be worthwhile? Narrow your selection by analyzing only the cards that meet your most important criteria. Then you can use the less essential preferences to choose between them.

3. Compare several cards to find the best fit for your company. It can be tempting to just pick a card that seems ok and be done with the search. By carefully comparing several options, you can potentially save hundreds of dollars.

4. Don't lose sight of what's important. Once you determine which features serve your company best, avoid getting distracted by special deals or extra features from less satisfactory cards.

5. Check several sources of information. The Federal Reserve publishes a survey of credit card terms every six months, and there are several websites on the Internet that will let you compare credit card offers. You can even check with businesses in similar industries to find out what cards they recommend.

Submitted by:

Beth Derkowitz

Beth Derkowitz

To find and apply for a business credit card, Beth Derkowitz recommends Find Credit Cards. Please see http://www.findcreditcards.org/type/business.php for more information.





ARTICLE CATEGORIES

Auto and Trucks
Business and Finance
Computers and Internet
Education
Family
Finances
Food and Drink
Gadgets and Gizmos
Health
Hobbies
Home Improvement
Humor
Kids and Teens
Legal
Marketing
Men
Music and Movies
Online Business
Parenting
Pets and Animals
Politics and Government
Recreation and Sports
Relationships
Religion and Faith
Self Improvement
Site Promotion
Travel and Leisure
Web Development
Women
Writing



http://www.articlesurfing.org/business_and_finance/5_tips_for_finding_the_best_business_credit_card.html
Copyright © 1995-2016 Photius Coutsoukis (All Rights Reserved).