Published By Janet Gershen-Siegel at February 28th, 2019
Are you craving a Visa business credit card? We did the research for you. And we found lots more options with terrific perks, so be sure to check in case any of those end up being a better deal for you. We looked at a substantial number of corporate credit cards; here are our favorites.
According to the SBA, corporate credit card limits are 10 – 100 times those of personal cards! This shows you can get a lot more money with company credit. And it also means you can have personal credit cards at stores.
Also, you can now have an additional card at the same stores for your company. And you will not need collateral, cash flow, or financial information in order to get business credit.
Advantages vary, so make certain to select the reward you prefer from this collection of options.
For Fair Credit, we like the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. You will need to have a credit score of 690 or higher. NOTE: the standard APR is 23.99% variable APR.
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. Also, there is a 3% balance transfer charge.
Thereafter, the purchase APR is a variable 10.49% – 18.49%. So this depends on creditworthiness. Also, there is no annual fee. This card is just on offer to people with great or excellent credit. But unfortunately, there is no rewards program for purchases.
Be sure to check out the Ink Business Preferred Card from Chase. Earn 80,000 bonus points once you spend $5,000 on purchases in the first three months from account opening.
Also earn three points for each dollar on the first $150,000 spent. So this is in combined purchases on travel, shipping purchases, and internet. It is also for cable and phone, and advertising purchases made with social media sites and search engines each account anniversary year.
And earn one point per dollar on all other purchases. There is no restriction to the amount you can earn.
Take a look at the Spark Cash Select from Capital One. You get 1.5% cash back on all purchases, without limitations. New cardholders can also get a $200 cash bonus.
So this is as soon as they spend $3,000 on new purchases within three months of account opening. New customers also get introductory APR of 0% on purchases for nine months. There is no annual fee.
For a 0% APR period, we really like the Ink Business Cash ℠ Credit Card. You pay no yearly cost. It’s got an interest-free time period. It has flexible cash-back rewards.
There are spending limits for your employees. Also, you will need a credit score of 690 or higher.
Your absolute best Visa business credit card is dependent on your credit history and scores. Just you can decide which perks you want and need, so make sure to do your research.
And, as always, make sure to build credit in the prescribed order for the best, fastest benefits. Check out how this will help your company get business credit cards.
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