Business credit card

[Kiley Boss]

I'm thinking of getting a business credit card to pay for the rehab side of my investments. That way I can earn points/cash back and some of them have 0% interest for the first 15-24 months. Which credit cards are best?

[Kevin Sobilo]

@Kiley Boss, I recommend going a slightly different route.

I recommend getting a card from Lowe's and/or Home Depot. For example using the Lowe's card at Lowe's gets you 5% off at the register.

That's just the first step though. After you have their store card, when you can put together a significant order of materials go to the pro-desk. Home Depot is stricter about what is a larger enough order to work with on this.

However, if you go to the pro desk with an order over maybe $1500, they will quote you prices for the materials. Those price quotes will usually be 10-20% off the retail prices! They require you to pay with their store card. So, you need that first. Those 10-20% savings on large orders should far outpace the points/cash back on a traditional credit card.