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Updated over 7 years ago on . Most recent reply

User Stats

191
Posts
165
Votes
Sung Park
  • Rental Property Investor
  • Philadelphia, PA
165
Votes |
191
Posts

Credit card for business expenses

Sung Park
  • Rental Property Investor
  • Philadelphia, PA
Posted
Can anyone recommend a good credit card for business expenses particularly for investment property needs? Id like to get a separate credit card for exclusively business expenses but not seeing any cards with really great rewards and bonuses. I'd be paying off the card in full each month so rates are irrelevant. I'm open to either personal or business cards.

Most Popular Reply

User Stats

12
Posts
8
Votes
Greg E.
  • Vermillion, SD
8
Votes |
12
Posts
Greg E.
  • Vermillion, SD
Replied

Best cash back card out there if your spending over 12k a year

http://www.alliantcreditunion.org/bank/visa-signat...

I spend right around 6 figures annually in the operation of my business and I love it. High CL (I got 15k right off the bat),Cash back rewards are amazing. I don't understand how they can even offer so much cash back. Typically CC companies only charge 2.3% in my experience with square and the likes. Best of all is they offer dirt low interest rates to go with it all. Like you I pay mine off every month,but it's a nice perk!

Along with the card you will automatically get a high yield savings account (about 1.11% right now). Great place to put emergency savings you need liquid and 100% guaranteed safe while still mitigating against inflation's erosive effects.

I can't see ever using a different Credit Card again.

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