(Newswire.net — January 5, 2018) — When you look at the business credit card, you might think that you need to have a business to get a business credit card. A lot of people think that you cannot get a business credit card without having an official business. All of this makes a lot of sense. But, that is not the case. You can have a very small business, and you can still get a small business credit cards.

The real thing is that the credit card company also sells it other than for business. Maybe you have a store or a factory etc.,   or maybe you have to sell a bunch of stuff on eBay, etc., you are in business, and therefore, you can get a business credit card for that. If you sell stuff or you run a side business, given that is not an official business that sustains your living, it still counts. So, you can get these credit cards and get benefits that they offer you.

One thing that you need to remember with the business credit card is that when you go and spend money on it, it does not help your credit score. It’s not that it is completely decoupled from your credit history or anything, but you are liable to pay when you do stuff on your credit card, such as, when you spend money, and you pay it. It is not like you will be rewarded for the efforts you put in this credit card.

If you default on a payment, it will affect your credit score. So, business credit cards can only do badly to your credit history. Therefore, you have to be very watchful and vigilant while using the business credit cards. Other than that if you are very responsible with your credit score, then you need not worry if you are using a business credit card or any other card because whenever you buy something you pay for it, and it does not matter to such people.

• You can get 5% cash back on things on which you typically do not get this much. It may go up to 2% maximum.
• 2% cash back is given to gas and restaurant. It is not considered good enough.
• 1% cash back on other things.

So, on this credit card if you spend $300, then you will get $200 cash back.

It offers the same as offered by the chase ink business credit card but it has added $96 annual charges. Which does not look good to most of the people? But, it does give you 60,000 points that are equivalent to 750 dollars’ worth bonus, if you spend it on certain things, such as, traveling,etc. However, to get that you have to spend at least $500.

So, the strategy to sign up for both these credit cards is that if you want to buy something very big, then get details of both the cards to satisfy your needs and to avoid the headache of figuring out how to buy.