There are some credit cards like Chase Slate and Ink Cash cards which are tailor made for the needs of a business person. These cards have features that suit entrepreneurs who have small businesses of their own. The rewards on the cards to are designed in the same direction thus proving to be the best option for those who own their own small business.
If there is one thing which is important for a businessman, it is to get the reports of the expenditure. These cards provide various tools to the businessmen to assess their income and expenditure flows. The monthly reports, trends and spending patterns prove very useful to business people especially during the early days of the business when every penny saved amounts to a lot. With the help of these reports one can manage and regulate the expenditure very well every month and optimize the profits.
The Slate and Ink credit cards are designed to provide maximum credit line to the businessmen. The credit line is kept intact to ensure that the businessmen can use their cards to the fullest when they need it the most. Some of these cards also give the option of flexible billing cycle so that they can choose to pay the monthly payments at a time which is most convenient for them.
Flexible spending plans are also available on the credit cards and can be used to the businessmen for their benefit. When they buy for business with credit card, they can ask the credit card company to provide a flexible payment plan so that the card is not maxed out hampering the business. Also, businessmen can opt to have a separate payment plan for the big expenditures so that the rest of the payment can be made full and businessmen can always keep track of their expenditure and the bug payments and have a proper implementation plan in place.
Businessmen can use the credit card for all their business expenditure and get rewards. This is because there are special offers. For example, businessmen get a cash back offer of up to 5% for home improvements which could go down as the savings. Employers can also provide add on card to employees and avail discount for their expenditures too.
Businessmen can also get zero liability protection so that they can be protected from fraud transactions and misuse of their card.