«Small business owners who use business cards tend to be larger employers and tend to charge significantly more to their card than
users of personal cards,» he says.
Here's a step - by - step guide through the considerations you should make in winnowing down a choice of business cards that's almost as wide as the
panoply of personal cards on the market.
Here's a step - by - step guide through the considerations you should make in winnowing down a choice of business cards that's almost as wide as the panoply
of personal cards on the market.
I have never applied for a business credit card and my small business has a federal EIN, so would I still not be able to get the Ink Plus
because of the personal cards?
For Chase application
reconsideration of personal cards, you can call customer service from 7 am — 10 pm EST Monday through Friday, 8 am — 10 pm EST Saturday, and 9 am - 9 pm EST on Sunday.
5/24 currently applies to Chase's Ultimate Rewards
series of personal cards, but the Doctor of Credit reports that it is soon to be rolled out to the Chase Ink business cards and then eventually to all of Chase's co-branded cards as well.
Unlike some card issuers that issue business cards which are essentially
replicas of their personal cards with the word «business» attached, the Ink Plus actually has some material differences with the pair of Sapphire cards.
While Citibank appears to be sticking to their most recent policy changes (no more churning
spree of personal cards), there is a slightly better Business Master card option now available: 50,000 bonus miles instead of 40,000 according to Flyertalk.
The Blue Cash Everyday card and its sister card, the Blue Cash Preferred card, now feature the lowest available
APRs of any personal cards advertised on the American Express website.
If you don't qualify for the Visa Signature
version of the personal card, US Bank may approve you for a lesser version of the card with a lower sign - up bonus!
They'll receive all the
benefits of the personal card plus an exclusive benefit for business cardholders: access to Sheraton ® Club lounges at more than 350 hotels and resorts around the world.
It didn't happen with
any of my personal cards.
In many cases, the credit card companies are making changes so that business card terms more closely mirror
those of personal cards.
Therefore, the impact of business cards on your personal credit report is less than
that of personal cards.
One
of the personal cards was set to replace the Surpass which had many Surpass cardholders wondering if they could get the new Hilton Ascend sign - up bonus.
Barclays originally offered two versions
of the personal card, a Visa Signature card with a $ 79 annual fee and a Platinum card with a $ 50 annual fee, which some cardholders may still have.
You might be in the position to consider applying for a business Amex instead
of a personal card.
The change is well worth it, as you can now get a Southwest Companion Pass with just $ 5,000 of spend if you also apply for
either of the personal cards that has a 50,000 mile bonus.
The signup bonus on the personal cards has been as high as 60,000 points in the past, so even though you get a Companion Pass, you do give up a potential 20,000 points if you are signing up for one
of the personal cards.
It's worth noting that this update does not extend to the Southwest Rapid Rewards Business Credit Card, so you could still sign - up for one
of the personal cards and the business card to get close to the Companion Pass.
Getting 1
of the personal cards and the business card during the increased sign - up periods will earn between 100k - 110k points.
You need a total of 110,000 points for the Southwest companion pass (means a companion can travel with you for free, including award flights) so getting this business card and one
of the personal cards is enough points.