Business Credit Card Applications

Like consumers, companies are barraged with mailings about business rewards cards,balance-transfer offers and zero-percent interest rates. If a credit account makes sense for your company, do your due diligence before applying. Many business accounts charge an annual fee, but issuers may be willing to waive it for first-time applicants.While rewards programs seem glamorous, they nearly always come with higher interest rates. When your company is tethered to a hefty balance, award benefits should be set aside for a low-APR account or a zero-percent introductory rate. More...

Tactics for Finding the Best Business Rewards Card

To find the right card, a business should:

• Consider applying for a card through a local bank. Hometown banks may extend a more attractive offer if they can keep a business from going elsewhere.
• Get the rewards program that best suits company needs. If your employees travel regularly, sign up for a travel-benefits account. If office-supply costs are killing you, consider a merchant account that rewards your organization with retail vouchers or cash back to put toward office expenses.
• Understand the rate structure. If your rewards card comes with interest-free months, make sure you know when the promotional rate expires, so you can pay off balances before finance charges are applied.

After you've acquired a revolving line, visit MyFICO.com for tips on maintaining a high credit score. The site also offers online forums where users can ask questions and chat with other business owners about charge-account options.

CreditCardApplications.com studies the needs of small businesses in order to select the best merchant accounts available.Businesses can use the site's selection engine to find suitable cards.