Blog posts tagged with "Business Credit Cards"

Choosing the right credit card for your business can be a daunting task. The credit card you select must fit your business needs and maximize your business potential. Ultimately, getting the most out of your credit card can save you money and offer security as your company grows.

Credit cards have long been the preferred payment method for savvy business owners due to their potential rewards and enhanced security benefits. However, the recent uptick in data breaches has many business owners seeking a more secure alternative.

Costco is a popular supplier for small businesses. In fact, Costco has opened 17 Business Centers nationwide, and offers a business credit card in conjunction with Citibank.

If you work or live in Pennsylvania, New Jersey, Maryland, Delaware or Virginia, chances are there’s a Fulton Bank near you. Given the variety of business credit card options they offer, it’s also likely you’ll find a Fulton Bank credit card that fits your needs.

With so many credit cards options available, choosing one for your business can feel overwhelming. In addition to considering the basics like credit limits and interest rates, most cards offer rewards that can be very valuable. Whether it’s free airline miles, cash back, or other perks, the right credit card can benefit your business.

Credit cards aren’t for everyone. If your company struggles with budgeting, a high-limit credit card might do more harm than good. High-interest debt can torch your finances and even harm your personal credit score. Due to this, many consumers turn to prepaid card issuers in the aftermath of the financial crisis.

Operating on a cash-only basis can be risky when starting your own business. If you have a bank account, a small business debit card offers a convenient and simpler way to pay for everyday purchases. In addition, it can reduce the amount of cash you need to keep on hand. However, debit cards have their limitations, and you may find that a different solution better fits your needs.

When evaluating business credit cards, the key is to match the card with your business needs. Regardless of how good the rewards are on a card, if those rewards only apply to a certain purchase that you don’t frequently make, that card isn’t a good fit for you. One way to determine if a card is a good fit is to evaluate business credit cards based on their perks, fees, and qualifications.

If you live in one of the seven states where BBVA business credit cards are available and your credit score is fair (between 580 to 669) or bad, you should consider them as viable options. Both cards are only available if you live in Alabama, Arizona, California, Colorado, Florida, New Mexico, or Texas.

The average business spends $200 per person per year on office supplies. Depending on your business’s size, that can add up quickly. Saving money on office supplies can help your bottom line and might be useful if this is a big spending category for your business.