I have now come to the view that we are better off getting business credit cards than regular consumer credit cards. How did I come to this conclusion? Well, by simply comparing the features of the regular consumer cards and business credit cards. Here are a few examples of where business credit cards are better.<\/p>\n
1. 0% APR Credit Cards<\/b> – Most consumer credit cards have 0% balance transfer teaser rates for 12 months. The longest introductory period today for a 0% APR credit card is actually a business credit card from Advanta. The Advanta Platinum BusinessCard with Rewards not only has 0% APR for 15 months, but probably has the lowest APR today at 7.99%.<\/p>\n
American Express Business Credit Cards<\/b> – American Express Business Credit Cards have the added advantage of giving cardholders discount when they make purchases with their OPENSAVINGs partners like Fedex, Delta Airlines and Courtyard by Marriott. Hence, the Starwood Preferred Guest® Business Credit Card from American Express is a better card than the regular Starwood Preferred Guest® Credit Card from American Express.<\/p>\n
Here’s another example : The Business Gold Rewards Card from OPENSM<\/sup> the small business team has the same annual fee and features as the regular American Express® Preferred Rewards Gold Card. But you can earn 100,000 bonus points with the business card versus 10,000 bonus points for the consumer card. Also, the business gold card allows you to get discounts with OPENSAVINGs partners which you do not get with the regular gold card.<\/p>\n Conclusion<\/b> – I think these examples show that in many cases, getting the business credit card rather than the consumer version is a much better deal. In fact, you do not need a business of actually get a business card. Just use your name as the business and your social security as the Tax ID and you will be treated as a sole proprietor.<\/p>\n","protected":false},"excerpt":{"rendered":" I have now come to the view that we are better off getting business credit cards than regular consumer credit cards. How did I come to this conclusion? Well, by simply comparing the features of the regular consumer cards and business credit cards. Here are a few examples of where business credit cards are better. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"yoast_head":"\n