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Chase Ink Business Unlimited Card: Best for Big Cash Welcome Bonus. United Business Card: Best for Frequent Business Flyers. American Express Blue Business Cash Card: Best for Expanded Buying...
Small-business cards are typically designed to meet the needs of small businesses, while corporate credit cards are better suited to the needs of corporates with millions of dollars in annual...
Small business and corporate credit cards are both used for business transactions, but there are some key differences. Here’s what you need to know.
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%.
Business and personal credit cards are similar, but differences are important to pay attention to when determining which best fits your needs. Factors like benefits and rewards, spending limits ...
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Some small businesses are further financed through credit card debt—usually a risky choice, given that the interest rate on credit cards is often several times the rate that would be paid on a line of credit at a bank or a bank loan and terms can change unpredictably.
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