How to Look for Business Credit Cards for a Small Business
Small business credit cards are issued in the name of a business. Typically, small business credit cards still require a personal guarantee, and most of the provisions of the Credit Card Act of 2009 do not apply to these credit cards. If you want to look for small business credit cards for your business, you can look online, go to your local bank or credit union.
Other People Are Reading
Instructions
-
-
1
Look online for business credit cards. When comparing the cards offered by different banks, you want to consider any fees associated with the credit cards, the annual interest rate charged by the issuers and the credit line amount issued by the banks. In many cases, you can apply for a small business credit card online and receive a decision instantly.
-
2
Go to your local bank in person. Speak to your banker about small business credit cards offered by the institution. If your business already has an account at the bank, the bank may have a streamlined process for applying for a small business credit card. Compare the different small business credit cards offered by the bank in terms of fees, interest rates and credit limits.
-
-
3
Contact your local credit union and ask about small business credit cards offered by the institution. This is a good option if you are already a member of the credit union and have personal accounts established there. It is generally easier to qualify for small business credit cards through a credit union if you are already a member.
-
1
