Domain: tiger-web1.srvr.media3.us Best Small business credit card | Money Talk
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Best Small business credit card

Posted on 5/1/23 at 1:40 pm
Posted by GREENHEAD22
Member since Nov 2009
20709 posts
Posted on 5/1/23 at 1:40 pm
Titles covers it pretty well, we need to get a credit card for our business.

TIA
Posted by Roy Curado
Member since Jul 2021
1485 posts
Posted on 5/1/23 at 2:05 pm to
Just get the one that has the most bang for your buck. Learn what you spend the most money on for your business and look for cards that have return rates for those categories.

LINK
This is an awesome blog on how to best use credit cards for points.
Posted by GREENHEAD22
Member since Nov 2009
20709 posts
Posted on 5/1/23 at 7:03 pm to
No traveling and any would just be driving. Mostly used to buy equipment and other operating needs.

We have using a mid size local bank who offer CC, guess I will compare them to others out there.


Leaning towards the Visa Ink Unlimited.
This post was edited on 5/1/23 at 7:28 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/1/23 at 8:50 pm to
I think Cap One has a cash back business card—the cash is significant when buying for a business. I use my personal Wells Fargo cash back card for my business too. 2% on a $10000 purchase is $200–adds up pretty quick
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12355 posts
Posted on 5/1/23 at 9:12 pm to
quote:

Leaning towards the Visa Ink Unlimited.


The Chase Ink Unlimited? That’s what we got.

I got the Business Premier when we bought our business to buy inventory. Pretty straight forward. 100k points ($1000) after spending 15k in the first 3 months I think. 2% back on everything, 2.5% on purchases over 5k… Balance is due in full every month.

There’s other good options if you need basically a 12 month 0% loan. I used an Amex Business Blue for this. Not paying it off monthly. Just throwing a little at it here and there to whittle it down. It’s also got a sign up bonus and 2% back… Significantly lower limit that the Chase though (about half) and I put in the same projections for monthly sales and spending… Assume it has something to do with the 0%.

I think Chase has an Ink that’s got 0% for 12 months too.
Posted by GREENHEAD22
Member since Nov 2009
20709 posts
Posted on 5/1/23 at 9:20 pm to
It does which is one of the reasons we are looking at it.

It is between that and the Amex Blue actually.
This post was edited on 5/1/23 at 9:21 pm
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12355 posts
Posted on 5/2/23 at 11:17 am to
The rewards are basically the same for the first 50k spent and then AMEX dials back to 1% if I remember right?
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