The growth of bonus offers and bonus rewards illustrates the extent to which the leading
small business credit card issuers are competing to capture a share of small business card spending.
Indeed, because the vast majority
of business credit card issuers will report to the three major business credit bureaus (Dun & Bradstreet, Experian, and TransUnion), your business credit card can boost your business credit and diversify your profile.
In July, EMI posted a blog on leading small
business credit card issuers making large bonus point offers to encourage small business customers to activate and continue to spend on their business cards.
Indeed, because the vast majority
of business credit card issuers will report to the three major business credit bureaus (Dun & Bradstreet, Experian, and TransUnion), your business credit card can boost your business credit and diversify your profile.
Each credit bureau gathers information from sources such as vendors, banks,
business credit card issuers, and data collection firms.
For example,
your business credit card issuer may report to SBFE but not to D&B; you won't know until you check your reports.
For example,
your business credit card issuer may report to SBFE but not to D&B; you won't know until you check your reports.
Small business credit card processing: setting up customer payment methods — Business owners should look beyond
their business credit card issuer when selecting a credit card processor, weighing such factors as fees, equipment, lag time, and extras.
Many small
business credit card issuers, including American Express and Capital One, report business activity to both consumer and commercial credit bureaus.
Business credit card issuers may also ask for your social insurance number, business number, and driver's licence information.
Bureaus typically collect payment information from sources such as vendors, banks, data - gathering trade associations and
business credit card issuers.