Factors to be considered when choosing business rewards credit cards


Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » Factors to be considered when choosing business rewards credit cards

Factors to be considered when choosing business rewards credit cards

Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
There is a huge collection of cash rebate that can be obtained from business reward credit cards. These credit cards are especially beneficial for the business class and also for those who are thinking of starting up a small business. With so many business reward credit cards available in the market it has become hard to select the best business reward credit card from which the maximum benefits can be availed. Some factors that will help in choosing the best business reward credit cards are as follows: 1. If the user is planning to start a business of his own then he might be in need for capital to purchase business related goods. Liquid cash might not always be available with him. In such a case the business reward cards can be of great importance as they can be used to purchase the initial materials that are needed to start up a small business. These credit cards offer a month's grace period before repayment starts. The new business thus gets a lease of life for a month to get established before the actual repayment begins. These business reward cards can also be used to get the maximum working capital allowing the card user to receive the first income before the grace period gets over. Besides the business reward credit cards have a number of cash back facilities that can be used for both business as well as personal purpose. 2. When shopping for the best business cash reward credit cards it will be noticed that most of the credit card companies offer 0% APR for the first few periods as an introductory incentive. Before getting attracted to the above offer users must verify if other hidden charges like increased rate of interest, processing fee, annual charges etc are being levied on him or not. Moreover, the user should also make sure of the period for which the offer remains valid and what will be the actual APR. 3. Usually, the rewards and promotional schemes that are offered by the business reward credit cards are much more than that of normal credit cards. These reward points can be used for the benefit of the user. When looking to choose the best business reward card, the user should make sure that the rewards offered are in line with the users business. For example, when a new business gets started the proprietor needs to travel a lot to establish and spreads his business. If he can avail airline miles against redemption of the reward points then that would help him save money. 4. Lastly the business reward credit card must be convenient and easy to use. Before making a deal with it, user needs to make sure that he can avail his credit card facilities on line and that the credit card company can provide online access to the customers for its other reward features. Setting up a new business requires both time and money. If a user of the business reward credit card is able to save both time and money with his credit card that will be the most attractive feature that he will be looking for.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

Top 5 Cards for Travel from Our Partners: Summer 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Summer 2018 – Expert’s Choice

Posted: February 12, 2018

The sun shines more and more each day, flowers are in bloom and you already feel how hot it is getting - summer is here. Summer holidays are almost here, and you are in need of dire preparation. You can lift in spirits and let CreditLand ... Continue reading
Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Posted: February 10, 2018

If you're trying to find the perfect rewards credit card, you might feel like you're drowning in options. There are just so many out there, and many of them look similar. This can make it tough to decide on a card. One thing people often ... Continue reading
Price Protection: Credit Cards That Will Refund a Price Drop

Price Protection: Credit Cards That Will Refund a Price Drop

Posted: February 8, 2018

Those who often find themselves buying stuff and then discovering that they could pay less for the same item they've just bought, will appreciate this credit card benefit – price protection. This is the least known and the most neglected ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!