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By: Ikedi Ani-okoye.

Business Credit Cards Introduction

There is a misconception about getting a business credit cards, it is mainly with small businesses they often think that a business credit card is reserved to huge companies like sony. The truth is business credit cards are more readily available to small businesses, even if you have no employees, its a fact that 75% of businesses have no employees.

Things to consider when applying for business credit cards

Do you have a balance every month or do you plan to pay off all purchases made with a credit card every month?

Do you usually shop in the same store regularly?

Do you travel a lot, especially by plane - or do you just drive a lot, doing business from your car and traveling from one location to another constantly?

looking at how you presently do business will give you an idea of what business credit cards you might need. If you are not constantly travelling by plane with your business it doesn't having a business credit card with air miles may not be worth having. if you regularly shop for office supplies in the same store every month would be a good choice to get a business credit card that gives you bonuses or cash back on those regular purchases.

A simple scenario is, maybe you regularly buy stationery like pens and ink etc. These are mandatory expenses so you should look at getting business credit cards that will allow you to get cash back on these types purchases. If you can get 5% back when you buy stationery by using a business credit card , it seems like the most sensible thing oy do, use a business credit card to accumulate your rewards. Some business Credit cards that offer cash backs are Discover, American Express, Citibank and GM they all offer business credit cards with cash back on office supply that are in the region of 1% to 5%; and they also have rewards programs that can offer points that are later redeemable towards merchandise.

Other Reward to look out for with Business Credit Cards

Bonus points (redeemable for merchandise, cash back, or airline miles)

Companion tickets for flights

Personal business assistant

Travel accident insurance cover

Cash Backs made with your business credit card

Rewards towards the purchase, lease, or maintenance of a vehicles.

CONCLUSION

Another feature that is offered more readily with business credit cards is tracking of your business expenses. You are likely to recieve this information by you regular mailed statements and also, if you have access to the internet iit is possible to access a full over view of your account expenditure. This is a very handy feature and can save a business a whole lot of paper work, freeing up more time to efficiently run the buisness.