Credit Information

Small Business Credit Cards


So what do you look for when applying for a credit card for your small business? One thing is for sure, wasting money isn't an option because it can make or break your business. Things to look for are low interest rates and good customer service.

Ask around for companies with good customer friendly service. Some will let you off late payments time after time while others will come down like a ton of bricks. You need them to be flexible as you never know when you may run into problems

Make sure you don't go with one because of a low introductory offer. You want a long term one as you may not have time every six months to be jumping from one to another. Before signing up for one read the small print, remember it could save your business.

Look out for special bonuses companies offer. Some times companies such as Visa or American Express join with other companies to save you money on anything from shipping or office supplies

Here are two small business credit card options but look around for more and weigh up the benefits for each one

American Express Business Gold Card

? No annual fee for the first year

? No pre-set spending limit

? Save at known brands, such as Staples, FedEx and Hertz

? When you enroll in the Membership Rewards program, you earn points virtually every time you use your eligible, enrolled Business Card.

? Online Account Management

? Car Rental Loss and Damage Insurance

CitiBusiness® Platinum Select® Card

The CitiBusiness® Platinum Select® Card is the card built for small businesses and includes:

? A generous credit line
? Low rate on purchases
? Additional cards for employees
? Free quarterly and annual account summaries
? Free 'Ask the Experts' service


MORE RESOURCES:

BusinessWeek

Is the era of easy credit over for the long haul?
The Associated Press - Oct 12, 2008
For Clark, and for a nation of consumers heavily dependent on credit, there are growing signs that those rough times could prove to be more than just a ...
Are Credit Cards The Next Credit Crunch? Consumer Affairs
CreditCardCity.com Launches Credit Card Blog to Keep Consumers ... PR Web (press release)
The Next Meltdown: Credit-Card Debt BusinessWeek
MiamiHerald.com - PR Web (press release)
all 183 news articles


Auto sales about same as last two months: Ford
Reuters - 1 hour ago
"Obviously the situation that has gone on in the credit markets over the past week and in the stock market doesn't help matters," Fields said. ...
Video: Money Minute: GM, GE, Oil AssociatedPress
CREDIT WATCH HITS GM, FORD Globe and Mail
US automakers face worst crisis in their history Taipei Times
Minyanville.com - Reuters
all 633 news articles


The Associated Press

GM Likely to Seek Direct Loan From Fed
Barron's - 15 hours ago
Reserve Banks currently do not establish an interest rate for emergency credit, but Regulation A specifies that such a rate would be above the highest rate ...
Credit unions ready to lend: As banks tighten credit, credit ... Crain's Detroit Business
The “Emergency Economic Stabilization Act” RightSide Advisors
Credit markets see a few, tentative signs of thaw The Associated Press
Center for Research on Globalization - MSNBC
all 1,419 news articles


China Daily

guarantee lifts confidence
NEWS.com.au, Australia - 6 hours ago
THE appetite for Australian corporate risk has soared as the Government's deposit guarantee prompted an easing in the gridlocked domestic credit market. ...
Stormy Weather In The Credit Default Swap Market Resource Investor
$62 Trillion Credit Default Swaps Threaten US Government Bonds The Market Oracle
SCI Bulletin Structured Credit Investor (subscription)
Washington Post - TCPalm
all 253 news articles


Lucas Energy Secures Credit Facility With Amegy Bank
MarketWatch - 7 hours ago
The revolving line of credit and letter of credit facility has a maximum note amount of $100000000, but is initially limited to a borrowing base of $3000000 ...


New York Times

Your Money Q & A: Credit Scores
New York Times, United States - 2 hours ago
John R. Ulzheimer, the author of “You’re Nothing But a Number" and an expert on credit scores, answered reader questions on credit and the importance of ...
Credit cards, credit crunch: consumers feel pinch as issuers `go ... Newsday
Your Money One Thing You Can Control: Your Credit Score New York Times
all 17 news articles


UPDATE 1-Conn's says hurricanes to affect credit portfolio
Reuters - 7 hours ago
O: Quote, Profile, Research, Stock Buzz) said its credit portfolio performance will be hurt for a period due to the effects of Hurricanes Gustav and Ike. ...
Conn’s, Inc. Reports Status of Business after Hurricanes Gustav ... Business Wire (press release)
Conn's readjusts in hurricane aftermath CNNMoney.com
all 18 news articles


Sector roundup: Credit cards; cable, satellite TV
Forbes, NY - 41 minutes ago
AP 10.13.08, 3:15 PM ET CHARLOTTE, NC (AP) - Shares of credit-card companies rose Monday along with the broader market despite continuing fears that the ...


Dividend.com

ICE Adds Muscle to CCorp’s Central ClearingHouse for Credit ...
Advanced Trading, NY - 2 hours ago
By Ivy Schmerken Exchange rivals are vying to set up a central clearinghouse for credit default swaps (CDS), which have been linked to turmoil in financial ...
Eurex seeks partners for CDS clearing house Financial News
Credit swaps dragged out of shadows FinancialWeek (subscription)
CME Group Details On Future Credit Default Swaps Market istockAnalyst.com (press release)
California Progress Report - Wall Street Journal Blogs
all 99 news articles


Banking Leader to Address Houston CPA Society on Credit Crisis
MarketWatch - 5 hours ago
... of the Credit Crisis" at a luncheon during the Houston CPA Society's first CFO/Controller Conference, Oct. 21, at JW Marriott, 5150 Westheimer at Sage. ...

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