- Bargaineering - http://www.bargaineering.com/articles -
Best Business Credit Cards
Posted By Jim On 04/23/2009 @ 7:52 am In Business | 1 Comment
My friend Matt started a business and wanted to know what the best business credit card was. I’ll list what I consider the best options below but in general here’s what I look for:
Citi has a new AT&T Universal Business Rewards Card  that offers 0% APR on purchases for six months, a great benefit if you’re just starting a business and need some start-up capital. It also gives you 5% rewards on AT&T products and services purchased through AT&T, to help defray the cost of some of your utilities. You can also get 3% rewards on purchases at some office supply merchants, gas stations, and “professional services.” Finally you get 1% rewards everywhere else.
This is the card I’d recommend if you’re in the market for a business credit card. I list the other two options for completeness sake but this Citi card is what I would recommend because you don’t run into the problem of card acceptance.
I use the American Express Business Gold  because I took advantage of a $250 promotion  they ran a few years ago. Since then, I’ve stuck with the card and it’s $125 annual fee because they give a 5% discount on Yahoo Search Marketing advertising, I’ve accrued a ton of points and their rewards catalog actually has things I want (at favorable point conversion rates). They’re one of the most well known names in the business card world because a lot of large corporations use them but there are some big downsides, such as the annual fee and the less than universal acceptance of AMEX cards.
I would not recommend this card for a startup. You need to keep costs low and having to pay $125 a year, as little as that seems, is money wasted.
Article printed from Bargaineering: http://www.bargaineering.com/articles
URL to article: http://www.bargaineering.com/articles/best-business-credit-cards.html
URLs in this post:
 Tweet: http://twitter.com/share
 Email: mailto:?subject=http://www.bargaineering.com/articles/best-business-credit-cards.html
 $250 promotion: http://www.bargaineering.com/articles/250-american-express-business-gold-rewards-promotion.html
 I can convert points to Southwest Rapid Rewards flight vouchers: http://www.bargaineering.com/articles/amex-membership-rewards-offers-southwest-credits.html
Thank you for reading!