Published By Janet Gershen-Siegel at December 8th, 2018
Have you been trying to find a Visa small business credit card? So we took care of all of the research for you. We found a number of other choices with great perks, so be sure to check in case any of those end up being a better deal for you. We researched a number of company credit cards; here are our favorites.
Per the SBA, company credit card limits are 10 – 100 times those of personal cards! This shows you can get a lot more money with corporate credit. And it also means you can have personal charge cards at shops.
So you can now have an additional card at the same retail stores for your company. And you won’t have to put up collateral, cash flow, or financial information in order to get company credit.
Perks vary, so be sure to select the benefit you prefer from this array of alternatives.
For a 0% APR time period, we like the Ink Business Cash ℠ Credit Card. You pay no annual cost. It’s got an interest-free period. It has versatile cash-back rewards. There are spending limits for employees. But you will need a credit score of 690 or better.
Be sure to check out the Ink Business Preferred Card from Chase. Get 80,000 bonus points once you spend $5,000 on purchases within the first 3 months from account opening.
Earn three points for each dollar on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, and cable and phone.
Also get three points to the dollar on advertising purchases made with social media sites and search engines each account anniversary year. Earn one point for each dollar on all of the other purchases. There is no limitation to the amount you can earn.
For Low APR/Balance Transfers Business Credit Cards, we prefer the U.S. Bank Business Edge Platinum. You start off with twelve months of 0% APR financing on new purchases and balance transfers. There is a 3% balance transfer fee.
After that, the purchase APR is a variable 10.49% – 18.49%, which is dependent on creditworthiness. But there is no yearly fee. This card is only offered to people with great or superb credit. Unfortunately, there is no rewards program for purchases.
Check out the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, without restrictions. New cardholders can also get a $200 cash bonus as soon as they spend $3,000 on new purchases within three months of account opening.
New customers also get initial APR of 0% on purchases for nine months. But there is no yearly fee.
For Fair Credit, we are partial to the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. You will need a credit score of 690 or better. TAKE NOTE: the standard APR is 23.99% variable APR.
Your absolute best Visa small business credit card will hinge on your credit history and scores. Only you can figure out which advantages you want and need, so be sure to do your research.
And, as always, make certain to build credit in the recommended order for the maximum, fastest benefits.