Business Credit Cards
The business credit cards listed below are useful for far more than the weekly client entertaining. As well as providing companies with the flexibility of a delayed payment period, they can double as an electronic accountant, with all your transactions noted for your records. Compare the following credit cards, then apply online for your choice of card by clicking on the “Apply” button and completing a secure application.
| Credit Card Company | Balance Transfers | New Purchases | Typical APR | Full Review | Apply Now |
|---|---|---|---|---|---|
Amex Gold Business  |
n/a | n/a | n/a | American Express Gold Business Charge Card Review | Apply |
Business Credit Cards Information
If you are a small business owner, then you know the importance of making sure you can keep track of all your monthly purchases in order to keep your books proper and balanced. One of the ways you can make sure you do this is by using business credit cards to make your monthly purchases so you can keep track of them easier. By using business credit cards, not only will you be saving time at the end of the month balancing, but you also will not have to search through all your personal receipts and separate what was purchased for your small business and what was purchased for personal use.
Too, by having all your business purchases in one location, it will also make tax time much simpler as many business credit cards will send you an end of the year statement that separates your purchases in to different categories. This will benefit you in such a way that all you have to do is glance at your year end totals to get a complete summary of what you spent and where you spent it throughout the year. Also, this is an especially handy tool to have if you have misplaced your receipts throughout the year as people sometimes do.
Many people do use their personal credit cards for business purchases, and while this perfectly acceptable, there are more benefits from using a credit card specifically for your business. In addition to making tax time a much simpler process, using business credit cards exclusively for your business can often yield rewards that even the best personal credit cards have. So, not only do you have the significant purchase power of a business credit card, but you will also be able to earn reward points from just about any business credit card on the market.
About that purchase power. As mentioned previously, it is perfectly acceptable to use a personal credit card for your business purchases, but it will not provide you the purchase power business credit cards will. Typically, a business — small or otherwise — makes a considerable amount in capital per year and as such, can have an easier time repaying larger debts, therefore you are more likely to have a higher credit limit on your business credit cards. This is one of the main reasons you want to forgo using the personal credit card for your business. You will simply be able to get the things you may need a little bit easier by using your business credit card, especially if it is a high ticket item.
