When you are first starting out with a credit card, it is important to pay attention to credit card interest rates. If possible, you might consider applying for a 0 apr credit card. This means that for a period of time, you would pay 0% interest on your purchases and any balance transfers. If you are a small business owner, a trial period with a 0 apr credit card is a great way to cut down on expenses. A Capital One credit card for small business owners is a great card to start with.
Go to the Capital One website at http://www.capitalone.com to see the details of the small business card, Capital One Visa Business Platinum Card. You will find a list of the features particular to this card as well as a list of features standard to each Capital One credit card. While searching for the 0 apr credit card, you can also look up information for your other financial needs, such as money market accounts, personal or business loans, and additional information on credit card interest.
Pros
When you sign up for the Capital One Visa Business Platinum Card, you will qualify for these great features:
? The Capital One credit card for small business comes with a six month trial period during which you receive free interest on all your purchases and balance transfers. If you wish to compile your other credit card debt together into one payment with low interest, this is a great feature. You can transfer your balances and work at paying them off for six months without accumulating any interest. Also, if you wish to make a big-ticket purchase, you might sign up for this 0 apr credit card so that you can pay out the purchase price of the item with no interest added on to the payments. This process is especially appealing to those people who do not qualify for financing at some retail locations.
? If you have employees or business partners who will also be using the credit card, you can order additional cards for free. Each card will be identified on your monthly statement.
? At the end of the year, you will receive a complimentary report from Capital One detailing your spending activities, your multiple card breakdowns, your credit card interest activity, and other account information. This is vital to your accurate record keeping and very helpful for tax purposes.
? The Capital One Visa Business Platinum Card also allows you to earn airline miles when you use your card. If you travel a lot on business or even in your personal life, this is a great perk for you. With every dollar you spend with your Capital One credit card, you earn one mile that you can redeem with any airline of your choice.
? The users of the small business card from Capital One are entitled to discounts at popular retailers, restaurants, and travel destinations that partner with the credit card company. When you purchase items for your office, such as supplies or equipment, when you rent cars or pay for hotel stays, or when you upgrade your computer system, you will automatically qualify for discounts on the regular retail price.
For these reasons and many more, one of the best 0 apr credit card offers around is the one from Capital One.
Did you know that just by having a credit card for your business that you can actually help in your bookkeeping efforts? It's true, a business credit card can not only help you separate your business and personal expenses, but it can also help you manage your finances at the same time. Many credit card companies that offer business credit cards also offer reports of your account. These reports may come monthly, quarterly, or annually. In some cases, it is generated for you and in others you have to request the reports.
No matter which type of report you need or receive, the one thing about business credit cards is that they can be of great help when it comes time to tend to your bookkeeping duties. The great thing about these reports is that when they are created in many cases they are categorized. For instance, if you have multiple additional cards for your employees or partners, each card number will have its own section.
These sections will define the usage of each number as well. This is a great way to not only determine where your expenses are going and whom they are going to, but also to determine if there is any abuse with the cards. Another great thing about these reports is the fact that they can also be categorized by expense type.
This means that when your reports come to you, they will have sections regarding expense categories. This could include categories such as gas and fuel, office supplies, travel expenses, food and hotel expenses, or miscellaneous expenses. This is excellent for your bookkeeping records. It allows you to simply look at your reports and place the appropriate amounts in the appropriate categories.
In some cases, credit card companies offer these in paper and digital form. The digital form of the reports can actually save you a great deal of time as well. Just think, if you download the report in the right format, you can transfer it directly into your financial or accounting software program and it most cases it will read the file and put the items where they need, without much help from you.
Using a business credit card offers many benefits to your business. Not only can you simplify your bookkeeping tasks, but you can save time, and money as well. If you know just where all of your business money is going, you can better plan and budget for everything. It allows you to keep track of expenses easily and efficiently, ensuring that your business is operating at full efficiency and productivity at all time.
Other benefits of a business credit card include bonuses and rewards that your business can earn with each purchase made. This means that you can save even more money on business expenses such as office supplies, travel, accommodations, and so much more. Having a business credit card just makes sense in so many different ways.
The one thing you really need to do is research and compare the different credit cards. It is important to choose the credit card that benefits your business the most. For example, if you travel a great deal on business trips, you might want to consider a frequent flyer credit card that gives you incentives such as free airline tickets, upgrades, and so much more.
If you shop at a certain office supply most often, you should consider one that allows you to save money on office supplies or at that certain store. There are so many different types of credit cards available for your business, it is up to you to choose the one that makes owning a business easier.
Both Thomas Ohlum & Debbie Dragon are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Thomas Ohlum has sinced written about articles on various topics from Credit Cards, Credit Card Companies. Thomas Ohlum is the owner of http://www.find-solid-credit.com a website providing information about credit card offers and finance aspects to consider when applying for a credit card.. Thomas Ohlum's top article generates over 9900 views. to your Favourites.
Debbie Dragon has sinced written about articles on various topics from Finances, Credit Cards and Kitchen Home Improvement. For help comparing , visit CreditorWeb.com.. Debbie Dragon's top article generates over 165000 views. to your Favourites.