Small business credit cards generally have no cap or a higher cap on the amount of cash back or reward points you can earn on an annual basis when compared to consumer credit cards.
And like most consumer cards,
small business credit cards generally provide sign - up bonuses and points or cash back on purchases.
Not exact matches
Younger consumers who are used to paying for 99 - cent smartphone apps with their
credit cards generally see nothing wrong with pulling out plastic for
small retail purchases at places such as coffee shops and restaurants — the heart of Main Street
small businesses in the United States.
Obtaining a corporate
credit account
generally involves reviewing the corporation's finances and will require an EIN (in contrast,
small business credit cards tend to have the option to use your personal Social Security number instead of an EIN).
While most
businesses — even one - person sole proprietorships and DBAs — can qualify for a
small business credit card, only actual corporations can
generally qualify for a corporate
credit card.
Rates vary and
generally run between eight percent and 13 percent, still significantly lower than most
small business credit card rates.
Obtaining a corporate
credit account
generally involves reviewing the corporation's finances and will require an EIN (in contrast,
small business credit cards tend to have the option to use your personal Social Security number instead of an EIN).