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Written by CreditCardsClub
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Today, we undeniably live amidst the power of plastic and the financial world is no exception. At every little chance of indulgence it has become very common to use a credit card for purchase and enhancement of a quality lifestyle. The days of carrying around liquid cash and taking on the risk of losing all are gone. There are a number of credit card companies that make different cards available to different segments in society. There are cards that are exclusively designed for the frequent traveler and then there are cards for the businessman.
There are a number of online and offline resources that offer you guidelines and information on the various credit cards and professional reviews on each. This enables you to evaluate the benefits attached to a particular card and read the fine print accompanying each. The credit cards are on offer category-wise and company-wise. One of the most beneficial credit cards issued today for the 21st century businessman is the business credit card. It is basically designed to make credit available for bulk purchases as demanded by the business operations and a pay back that is suitable to the business world.
The business credit cards offered by various companies are for those business owners who are constantly on the look out for an avenue that allows them to consolidate business expenses onto one credit card account. The business credit cards have no annual fee attached and a fantastic 0% interest introductory rate for purchases and balance transfers transacted within the first year of the credit card issue. This basic facility extended to the business community world wide makes it possible for the businessmen to access the immediate needs of the business operations and benefit long term.
Once the introductory interest rate expires, then the businessman has to pay a very reasonable APR on further purchases and balance transfers. Generally, the APR in the case of all transactions is in tandem with the highest prime rate during a three month period. The business credit cards offered by various companies also cover the expenses incurred by the businessman on tour for business purpose. The airline and other modes of transportation can be covered by these business credit cards at great discounts and even hotel accommodation is taken care of.
Most of the business credit cards are tied up with domestic and overseas carriers and carry special discounts at economy-rated business hotels around the world. There are a number of airline-reward programs attached to the business credit cards that earn the credit card holders one mile per dollar spent. The expense could be incurred on general purchases. There are offers that even enable the credit card holder to benefit from the allotment of ‘double miles per dollar spent’. Business credit card holders can even avail of discounts at select restaurants that enable them to welcome and entertain their clients and business partners well enough to secure further business. The miles in the case of the frequent flyer programs offered by business credit cards can be redeemed towards free travel on domestic airlines!
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Last Updated ( Friday, 08 February 2008 )
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