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Low Interest Business Credit Cards Recommendations

Low Interest Business Credit Cards

With the financial crisis upon us, most credit card issuers have dramatically scaled back on their issuance of business credit cards. So if you are looking for a low interest rate card for your business, I would suggest considering personal cards as well. The reason is that it is actually easier to get a personal card now and also there technically is no difference between a business and a personal card. They both require your social security numbers and they both check your personal credit card score.
Below are a couple of cards that we recommend if you are looking for a low rate card.
The Plum Card� from American Express OPEN (Private) How would you like to get 0% financing for more than your typical credit card billing cylce? Well, there's a slight catch. As long as you make a 10% payment on your balance, the The Plum Card(R) from American Express OPEN allows gives the ability to get what looks like "trade or vendor financing" (see screen shot below). This is great for the business owner who needs them and helps them better manage their cash flow. There is an annual fee for this card. But given the generous financing terms, this makes it worth it.

plum formula

Ink Cash(SM) Business Card The Ink Cash(SM) Business Card is perhaps the best cash back credit card today. It pays 3% rebates on gasoline, home improvement, dining and office supplies purchases. But aside from that, it has a reasonably low interest rate as well. New cardholders get a 0% Intro APR* on purchases and balance transfers for 6 months, and thereafter, the interest rate will be between 11.24% to 17.24%, depending on your credit.

Ink(SM) with Ultimate Rewards(SM) The Ink(SM) with Ultimate Rewards(SM) is actually a very good reward credit card from Chase. It has great travel rewards because you can choose to book your own travel with your own agents and redeem points for it, or use their travel site to book directly (and use a combination of points and cash). Furthermore, you can use points to get gift cards for United, Continental, SouthWest or British Airways. This card gives new cardholders a 0% Intro APR* on purchases and balance transfers for 6 months. Thereafter, the interest rate is between 11.24% and 17.24%.