With the economy slowly improving and more businesses starting up, there has been an increase in demand for credit cards. However, with the currentcredit shortage, many small business owners have difficulty getting approved for a credit card even with excellent credit history. In this article, we will discuss some of the best business credit cards for small businesses without a credit history.
How to Get a Credit Card for Your Small Business
If you have no credit history and are looking for a business credit card, there are a few things you need to keep in mind. To startup business credit cards with no credit First, make sure the card has low interest rates so that you can afford to pay it back. Second, make sure the card has benefits that will help your business. Third, be sure to read the terms and conditions carefully before applying for the card. Fourth, make sure you keep updated on your credit score so you know if you’re improving or declining over time. Finally, make use of your credit card’s rewards program to get extra points or cash back that can be put towards more purchases or used towards reducing your debt.
How to Avoid Paying Interest on Your Credit Cards
If you are a small business owner with no credit history, your options for obtaining a credit card are limited. However, there are still some good options available to you. Here are six best business credit cards for small businesses without any credit history: American Express Small Business Platinum Card: This card offers great benefits, including a 0% introductory APR for the first 12 months and free access to Amex Offers and Membership Rewards programs. Chase Slate: This card has a 0% introductory APR for the first 24 months and waived annual fees for the first year. You also get 50,000 bonus points after you spend $500 in purchases within the first 3 months of account opening. Citi Simplicity Card: This card has a 0% introductory APR on Purchases and Balance Transfers for the first 18 months, and no annual fee the first year. You also get 1 million Citi Points after spending $1,000 in purchases within the first 3 months of account opening. JCPenney Credit Card: This card offers 3% cash back on every purchase and no annual fees the first year you have it open. If you have a business, it’s time to start thinking about credit card use. Not only can your customers and suppliers use them, but you too can benefit from excellent credit terms and rewards programs.
