Choosing the right credit card for your Business
Small businesses make up 90 percent of the world economy. When you are starting out with a new business, the many tasks that accompany it can feel a bit intimidating, from managing finances to handling personal resources, traveling and buying wholesale stuff from the retailer. You need to invest a lot of time, effort and money in your small business. For this task, you need to know which credit card you can utilize to fulfill all your needs and from which small business credit card promotions to avail yourself from. Here, in this article, I’ll compare some of the credit cards that have been popular in the small business industry for some recent years so that you can see for yourself which credit card suits all your requirements.
Citi Business AAdvantage Platinum Select MasterCard
This card is specifically designed for small business and comes with a lot of perks. You can avail from different bonuses regarding travel and cash back which will be very beneficial to your business.As is the case with many credit cards, the introductory APR on this credit card in zero for the initial 12 months after that the APR varies from 16.99% to 24.99%. You can get 60,000 American Airlines AAdvantage bonus miles if you spend $3000 dollars on purchases within the first three months of opening the account. This credit card gives you free checking and boarding perks at all airports. Also, you can earn 2 AAdvantage points on every $1 purchase on airline purchase and telecommunication, gas station, and rental car. The annual fee for Citi Business AAdvantage platinum Select is $95 but if you consider all the perks that come with it, then $95 isn’t much to pay.
KeyBank Business MasterCard
This credit card is great for you if you need immediate credit for your business. KeyBank comes with a generous 11.74% APR which can be varied till 21.74% plus the introductory APR is zero for the first six months on purchases and balance transfer. The annual fee is also none. You can avail from generous credit lines