Business Credit Cards Blog Posts

If you’re wondering how to lower your credit card interest rate, know that you can always contact your credit card issuer and request an interest rate reduction. They may not say yes, but if you have good credit health and a lengthy history of making your payments on time, you’ll increase your chances of success.

Most business credit card issuers require your SSN when you apply. However, in certain instances, it may be possible for you to obtain business credit without providing your SSN and avoid personal liability and a hard credit pull. This article will detail the circumstances in which you can apply for business credit cards with your EIN only.

When it comes to deciding between Chase vs Capital One business banking, the competition is close. Both offer branch access, cash deposits, savings options, and access to credit. Which one will be a better fit for your small business?

Plastiq allows you to make payments that would otherwise require checks or bank transfers with a credit card. All told, this can help simplify your accounting while letting you take advantage of the benefits a credit card provides. There is a catch, however; Plastiq charges a 2.85% fee on each payment, meaning that this service may or may not work for your bottom line.

Contactless cards offer a simple and safe way to pay for purchases during the coronavirus pandemic. By ensuring that your wallet contains contactless-enabled credit cards, you’ll help keep both yourself and others at less risk throughout this turbulent time. Plus, you may find that paying with just a tap is both easier and faster than more traditional methods.

Unfortunately, business credit cards that lack personal guarantees are few and far between. With how risky a proposition businesses are, issuers just aren’t comfortable handing out credit cards without some sort of extra backing. Still, there may be a few options out there for your business that don’t require a personal guarantee.

Have you been hit by a lower credit limit recently, due to the coronavirus pandemic? Or are you concerned about having your card’s credit line decreased in the future? Continue reading to find out how you can help manage your situation and keep your business financially healthy.

Some credit card issuers are lending a helping hand during the coronavirus pandemic by offering cardholders incentives for sticking around. Called “retention offers,” these special incentives are meant to stop cardholders from canceling their credit card. While retention offers are nothing new in the world of credit cards, they have become more popularly requested because of the current crisis. Keep reading for a primer on what retention offers are and how they can help your business.

Business owners looking for funding sources are likely to converge on two options: business credit cards and business loans/lines of credit. In this article, we’re going to be comparing these two common sources of business financing and letting you know the circumstances that call for utilizing them.

The federal government is still shaping its response to the unfolding coronavirus pandemic and the accompanying economic fallout, so a lot of questions remain with regard to what kind of relief will eventually be available. In the meantime, if your small business is suffering, there are some resources you can immediately tap that can either directly extend credit to you, or help guide you to it.