Just as with a personal credit card, when looking for the right business credit card it would be essential to compare several options. That way, you would have confidence the card is chosen would help you manage both cash flow and expenses in a more efficient manner. If you have good credit and need a card for business expenses, as well as travel, the Capital One Venture Credit Card for Business is an ideal choice while Unicc is the perfect option if you need a card for your personal expenses.
For starters, to apply for this credit card, you would need excellent credit but in return, you would enjoy a variety of outstanding benefits. For instance, the Capital One Venture Credit Card for Business is designed with a 12-month introductory period. During those months, the Annual Percentage Rate is 0%, which would then change to a variable rate of 13.9%. By today’s standards, this rate is still considered very competitive. In addition to the interest rate applying for regular purchases, it would be the same for balance transfers as well.
While the Capital One Venture Credit Card for Business does have a $59 annual fee, when compared to other business cards of the same status it is low. However, the annual fee is waived for the first year and the foreign transaction fee is always waived. One of the primary problems with high-caliber business cards is that many have fees that are set too high but with this one, you would not be killed by ridiculous fees.
On to the rewards side of the Capital One Venture Credit Card for Business, if one or more of your employees are signed up for an additional card, you automatically receive 5,000 bonus miles. In addition, 10,000 bonus miles are provided if you were to spend $1,000 within the first three months of being a cardholder. As the miles accumulate, you would then redeem them for a number of different purchases such as travel, hotels, merchandise, gift cards, cash, and more. Better yet, for every purchase you make 365 days a year, you earn double miles.
With the point system for the Capital One Venture Credit Card for Business, you have the opportunity to book air travel with the airline carrier of your choice. In addition, with this card’s rewards system, you can fly whenever wanted without worrying about blackout dates. Then, because the accumulated miles never expire, you are not forced to spend the miles just because time is about to run out. Instead, the points accumulate and are available to use according to your schedule.
All of these features of the Capital One Venture Credit Card for Business make this an obvious choice but then when you add on the award-winning customer support, the card wins hands-down. Having the ability to manage your company’s finances in a more efficient manner makes this credit card one of the best choices available.