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What you need to know about business credit cards and how to pick one

June 11, 2018 | Community
business credit cards, What you need to know about business credit cards and how to pick one, CDC Small Business

The following is a guest post on business credit cards from Credit Card Insider, a consumer-education company that focuses on providing sensible information on credit cards and how to build your credit.

Choosing the right business credit card is no easy task. Between credit card fees, rewards, and benefits, it’s easy to feel overwhelmed. This guide will help educate small business owners like yourself on what to look out for when picking a business credit card.

What are business credit cards and what are their advantages?

Business credit cards are designed to assist in funding company expenses while providing services, commercial rewards and benefits. They provide numerous advantages including:

How to use your business credit card responsibly

Business credit cards are most beneficial if they’re used responsibly. Misusing business credit cards can leave you with expensive debt and can negatively affect your credit score.

Also, your business will be able to secure loans easier and in larger amounts through responsible and informed credit-card use. When using a business card, keep these tips in mind:

What should you look for in a business credit card?

We recommend researching the business credit card that best fits your business’ goals. The attributes of an excellent business credit card vary from business to business.

The right business credit card is one that brings the most value to your business. Say your employees travel often by air. A card that offers points-per-dollar rewards on flights and airport lounge benefits could bring value to your business.

Consider these questions as you search for a business credit card:

The key takeaway

When it comes to choosing the right business credit card, there is no one size fits all option. Settling on the right one depends on your business type and aims.

While researching potential cards, keep some simple tips and tricks in mind. Understand the business credit basics and terms, do your research on cards on the market, and compare their fees, rewards and benefits. Following these steps will help you choose the right card that complements your business.


CDC Small Business Finance offers several loan options for business owners who want to grow their operations and are planning for their long-term needs.

Tell our loan experts about your business, and they’ll work to match you with a financing plan that best suits you. Let’s talk! Reach us at loaninfo@cdcloans.com or (619) 243-8667.


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