Search thousands of topics on CostHelper

BROWSE ALL TOPICS >> babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business sports weddings
CostHelper > Small Business  > Business Credit Card

Business Credit Card Cost


How Much Does a Business Credit Card Cost?

 
 average costAverage: $75-$125 a year 
Typical costs:
  • Interest rates vary from 8-24 percent; some charge zero interest for the first 6-15 months. Most charge no annual fees, although for a few the first year is free and then it's $75-$125 a year to keep the card.
  • Cards where the balance must be paid in full each month charge no interest, but generally come with an annual fee of $95-$125.
  • In addition to the usual rewards available with a personal credit card, a small business card can offer a range of discounts on travel, shipping, cell phones, copy and printing services, computer hardware and software, and more. These business discounts are usually deducted automatically on the monthly statement, without having to apply. Some cards with these business-oriented discounts have no annual fee; others are free the first year, then jump to $75-$125 a year.
Related articles: Business Line of Credit, Mutual Fund, Stock Broker

What should be included:
  • It might seem easier for entrepreneurs and small business owners to simply use their personal credit cards when needed, but having a company card keeps the records separate and establishes credit in the business name. Credit card companies often offer better interest rates, higher or no spending limits, and tailored discounts for small businesses. BusinessWeek Online[1] explains "Why Your Biz Needs Its Own Plastic."
  • Many small business credit cards come with multiple cards under one account, so employees can have cards for expenses with the business owner retaining control on how much can be spent and on what type of purchases.
Shopping for a business credit card:
  • Most major credit card companies are aggressively pursuing the small business market, which means better terms and benefits for cardholders. For example, Advanta specializes only in credit cards for small business owners. BusinessWeek Online[2] provides quick tips for choosing the right card and Gaebler.com[3] gives specific recommendations.
  • It's always good to check with your own bank about a small business credit card, especially if your business bank account has a good track record.
  • IndexCreditCards.com presents lists and links for business cards with low interest rates[4] or rewards[5] .
  • Also, CardWeb.com offers comparisons and links for a wide range of business credit cards.
post Post    
CostHelper News


7 Lesser-Known Discounts for the 50+ Crowd
As they age, members of the Baby Boomer generation don't like to admit that they're senior citizens, but they love getting discounts. It's kind of a quandary, because some of the best deals available are reduced prices for older folks. || Posted October 21 2013


7 Ways to Stretch Your Reduced Food Budget
End of the year budgets are tight for everyone, especially in this economy.It's especially hard for the millions of Americans who depend on government programs like food stamps to help make ends meet. || Posted November 11 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments


 

Comment On Your Experience With a Business Credit Card
 
Subject:  *
Amount Spent:  * per year
Company: Card Type: 
Fees: Rewards: 
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.businessweek.com/#missing-article
  2.  www.businessweek.com/smallbiz/tipsheet/06/10.htm
  3.  www.gaebler.com/Small-Business-Credit-Cards.htm
  4.  www.indexcreditcards.com/businesscreditcards_lowinterest.html
  5.  www.indexcreditcards.com/businesscreditcards_rewards.html
More Small Business Topics
Check Out All Costs for Small Business How Much Does a Business Sale Attorney Cost? How Much Does a Motivational or Keynote Speaker Cost? How Much Does Payroll Service Cost?

Search Thousands of Topics on CostHelper.com

 
Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
Didn't hurt the pocketbook
Paid: 43.00
I called my dentist because my tooth had been hurting for a week and a half. I couldn't eat or sleep. It was horrible. They got me in the next day. The dental surgeon and staff took x-rays, verified that it indeed needed to come out... [more]
-Anxious in Augusta
Tooth Extraction Cost
Current cost of skirting job 2022
Paid: 2356.00
Purchased material @ mobile home supply store Front/back top trim & ground track 17 each [email protected]$9= $459. 48 [email protected]$17= $816. [email protected]$40 [email protected] $20 tax $121. Total material $1456. 3 guys total $75 hour labor at 12 hours $900 labor... [more]
-Fayard siding
Mobile Home Skirting Cost
Alatel joy tab2
Paid: 108.00
Cracked screen... [more]
-Shawn P Speers
Tablet Repair Cost
Replace 2baths, laundry, and kitchen to the street
Paid: 20000.00
Numerous breaks in 90 year old cast iron and also in the clay pipe. replaced with 4" schedule 40 ABS to the curb and then liner in the clay pipe to the city sewer... [more]
-Steve in 2022
Sewer Line Replacement Cost
Full mouth -Is this estimate too much?
Paid: 16945.00
Extract buttom front teeth, replace with single implant for both teeth. Root canals and crowns needed for 3 molars, fillings needed on 11 teeth. Deep cleaning with 4 spots of Arestin and fluoride treatment. All under IV sedation... [more]
-Shanmarspag
Dental Work Cost
Lockout at front door
Paid: 175.00
I was quoted $29 for a service call. The techniciandidn't give me a price but went ahead with the repair. It took about 10 minutes. Then he told me the charge was because the owner of the business gets most of the money I paid... [more]
-Carla Axelrod
Locksmith Cost