Business credit cards for businesses in general, and for small business in particular, have become increasingly popular as more and more businesses started realizing the benefits. It might be good to review the type of perks business credit cards afford their users, as well as the other beneficial features offered by small business credit cards.
The small business owner should always remember to compare the costs versus the benefits of their business credit card. After all, every benefit will come with a cost attached to it, and there may be instances where the benefits from the perks do not offset the higher costs in fees or interest rates. Most business credit cards carry the following perks:
Frequent Flyer Miles Credit Cards: As in personal credit cards, travel points and awards are very popular perks for business credit cards. You will love this perk if you do a lot of business traveling, because every time you use your business credit card, frequent flyer miles are earned. Be aware that some cards impose a ceiling on the number of miles you can accumulate, so remember to check this with your business credit card issuer.
Cash Back Credit Cards: Cash...