Forum Discussion

TNTasks's avatar
TNTasks
Contributor 3
2 months ago

What is a good Business Credit Card to have for our line of work?

Hey Jobbers: I'm in the 7th month of business and things are going quite well, but I've been thinking of trying to get my purchases to work of me. Often times credit cards will give perks for cash b...
accounts payable
financing
getting paid
processing payments
profit margins
MitchyTheKid's avatar
MitchyTheKid
Contributor 2
2 months ago

Capitol One Spark. I am applying for the 1.5% cash back. They have other programs that pay you more but I will never pay an annual fee. A very good friend of mine has been in business for many years and he does Costco credit card for gas and claims 4% back and uses Capitol One Spark. Best part is it comes back tax free. Pay them off every month and you never pay interest.

Cheers!

  • TNTasks's avatar
    TNTasks
    Contributor 3
    2 months ago

    Thanks Mitchy! This is good info to run with. Umpqua has a Business card that gives 2% on your most frequent purchase category outside of the designated 5% bonus categories (gas, travel, etc). Since I purchase from distributors and hardware stores, that type of system works perfectly for my business. Unfortunately, it's with a regional bank so not everyone can benefit from this system.