Regardless of the type of business you're in, the major hurdle you have to leap is the memory one. You have to find a way of keeping your name in the mind of customers and potential customers, without actually being
in their face.
In the corporate world, there's the whole mini-calender, printed pen, bumper-sticker route. But we're crafters. We want our give-aways to be just as pleasing and personal as the crafts we sell.
Basically, this means preparing some quality promo items that tie in - tightly - with the products you make.
The Basics of a Promo Item
There are a few things that every single promo item must have or do, and they're really easy to remember:
1. Contain your phone number or website URL.
2. Contain your name or business name.
3. Look personal and match your product theme.
4. Cost very little and be super quick to make.
Consider these the four laws of the promo item if you like. There are dozens of ways of incorporating those laws into the item itself.
Promo Item Ideas
Since promo items are something we're going to literally give away, they can't eat into our crafting profits. The second they do that, they've become something much more than a promo item; they're akin to gifting.
In its basic form, the promo item should seem like a gift to the recipient. It should be useful or so pleasing that your customer can't help but smile when they see the little "bonus". You should be able to make a batch of the items (we'll call a batch a full dozen for this article) in under an hour. And you shouldn't have to worry about how many pennies you've thrown into the materials you've used, either.
With those keys in mind, the sky's the limit in what you can do. You'll want to really think about the ideas you like best, and consider ways of using them so that they incorporate your particular craft. Also pay attention to what other crafters are giving as promo items. When you find something that you just ooooh over, you know that you've got inspiration.
Business Cards - The basic business card contains all the information we could possibly need to fulfill our promo item laws. On its own, though, a business card is pretty ... well, corporate. Think about ways that you
can spruce the card up with your crafty creativity, though. If you sell crochet items, consider making a small little border for the card or laminate the card with a crochet motif as decoration. Pattern writers could print a short, easy pattern on the back of their business card. Make dolls or stuffed animals? Why not try printing a sheet of business cards on printable fabric, and using the card as a "patch" on a small doll's clothes?
Sachets - Whether you sew, crochet, or knit, you can create a sachet in no time at all. Try making a simple envelope or pocket sachet and sticking a piece of felt inside that contains a drop or two of essential oil. These will then softly scent the items you're sending, and you can include a little card attached to the sachet that has your business details as well as "refill instructions". The chances of that card getting thrown away are pretty low because it has instructions on it.
Useful Tie-Ins - These kinds of items are as endless and varied as the types of crafts we do, but the basic idea is that the promo item itself supports whatever it is that you sell. Many crochet and knit pattern writers whip up a bunch of stitch markers that can be given away with the patterns they sell. Someone who designs clothing for kids could include belt-loop charms or if they design for babies, a pacifier keeper. A woman I know who sells roving (the material that yarn is spun from) made a killing by letting it be known that she included handcrafted drop-spindles with her orders. The spindles didn't cost her much time or money to make, but added tons of value to the people purchasing her wares.
How to Use Promo Items
It's all fine and good to have a bunch of neat little extras to give away, but what do you actually do with them to prevent them gathering dust on a shelf?
There are numerous ways to use your promo items. If you are selling at a craft fair, try keeping a small basket of your selected promo items out front. Invite browsers and customers alike to go ahead and grab one. Even if they're not buying today, that little item might keep you in mind long enough to draw them back to your products later on.
Another, more obvious way is to include promo items with your sold products. Whether you ship or sell in person, the addition of the bonus can really make a customer's day. It says "Thank you!" in a way that words alone can't touch.
When you offer items that are useful, like the drop spindles, show off how useful they are. This will only work when you sell in person at a shop or a craft fair, but it makes a huge impact when you use it. Instead of
kicking back wondering how long it will be before the next customer comes along, get out in front and draw a few eyes by showing what can be done with your craft. The demonstration will bring curious lookers who will turn into customers - many of whom wouldn't have considered visiting your booth until they saw you showing off your work.
Basically, try to make the giving of a promo item feel as personal as the item itself. It's that caring touch to our crafts that help us sell them in the first place, and the extra thought of a bonus really drives the "I care" bit home.
Wednesday, 22 December 2010
The Power of Your Business Card
Sure, everyone needs business cards. But why not make your business card do double or triple the work of an average business card?
Here are 4 proven ways to supercharge your business card into a powerful business tool.
1.Use the back of the card to include sales info. Good marketers know that customers need to be reminded at every opportunity how your product or service will help them. Even though business cards are small, you can still include some information on the back of the card that will remind customers how you are unique, better, and valuable. You could include a short bullet list of features and benefits. You could display some stats and figures, mention awards your product has won, or list a brief testimonial or two. Just a little bit of extra sales information can make a big difference in building relationships and encouraging sales.
2.Use the back of the card as an appointment card. Dr.'s and dentists do this frequently. But other businesses can use the same concept. Sales people of all kinds, realtors, consultants, professionals and more can use the back of their business cards as an appointment card. This is a good idea for several reasons. First of all, it increases the likelihood that a prospect will keep your card close by - at least until you have the appointment. Second, it gives you a reason to give customers more than one business card. The more cards they have the more likely they are to always have one handy when they need it. This is especially important if they are referring you to a friend or relative. They may have an extra card of yours laying around that they can give to someone.
3.Use the back of the card as a map to your store. Maps are important for people who are new to the area, or people who aren't familiar with your part of town. Also, with just a mailing address listed on the front of the card many people don't know exactly where you are. A map will clear that up and again help increase the chances of them hanging on to your card
4.Place a 12-month calendar on the back of your card. This is a very clever technique that is sure to have people keeping your card handy at all times. Believe it or not a 12-month calendar fits nicely on the back of
a standard size business card. I remember when I got my first card that had a calendar on the back of it. It was from an insurance salesman and I literally kept it by my desk at all times. I found it to be much quicker to glance at this card than to thumb through a wall calendar or even to visit Outlook. Each time I picked up the card I remembered who had given it to me. This practice is applicable to any business and in any industry.
Using even one of these 4 tips will greatly enhance the impact that you business card will have. With just a little creative you can turn your business card from a necessary evil, to a powerful tool.
Here are 4 proven ways to supercharge your business card into a powerful business tool.
1.Use the back of the card to include sales info. Good marketers know that customers need to be reminded at every opportunity how your product or service will help them. Even though business cards are small, you can still include some information on the back of the card that will remind customers how you are unique, better, and valuable. You could include a short bullet list of features and benefits. You could display some stats and figures, mention awards your product has won, or list a brief testimonial or two. Just a little bit of extra sales information can make a big difference in building relationships and encouraging sales.
2.Use the back of the card as an appointment card. Dr.'s and dentists do this frequently. But other businesses can use the same concept. Sales people of all kinds, realtors, consultants, professionals and more can use the back of their business cards as an appointment card. This is a good idea for several reasons. First of all, it increases the likelihood that a prospect will keep your card close by - at least until you have the appointment. Second, it gives you a reason to give customers more than one business card. The more cards they have the more likely they are to always have one handy when they need it. This is especially important if they are referring you to a friend or relative. They may have an extra card of yours laying around that they can give to someone.
3.Use the back of the card as a map to your store. Maps are important for people who are new to the area, or people who aren't familiar with your part of town. Also, with just a mailing address listed on the front of the card many people don't know exactly where you are. A map will clear that up and again help increase the chances of them hanging on to your card
4.Place a 12-month calendar on the back of your card. This is a very clever technique that is sure to have people keeping your card handy at all times. Believe it or not a 12-month calendar fits nicely on the back of
a standard size business card. I remember when I got my first card that had a calendar on the back of it. It was from an insurance salesman and I literally kept it by my desk at all times. I found it to be much quicker to glance at this card than to thumb through a wall calendar or even to visit Outlook. Each time I picked up the card I remembered who had given it to me. This practice is applicable to any business and in any industry.
Using even one of these 4 tips will greatly enhance the impact that you business card will have. With just a little creative you can turn your business card from a necessary evil, to a powerful tool.
Tips to Consider when Choosing a Business Credit Card
So it's come to a time when you think a business credit card would be very beneficial to keeping the cash flow consistent and helping track purchases rather than collecting the endless trail of grocery store or
Walmart receipts for small purchases.
This really is a big decision. Many needs can be the same with businesses but then some are not. You need to ask:
What do I need the credit card to do for my business?
How much credit does my business really need?
How much can I afford to charge and reasonably pay back the next month?
Will the owner be the only one using the card or will employees be using it?
Which expenses will I'll be paying with it?
Will I use it for recurring monthly payments?
Does the business get a better deal on pricing if they pay upfront for inventory? If a payment is made before delivery will the business be able to pay off the receipt of goods within 30 days? Paying before finance charges are applied might be necessary to get the benefit of paying for the shipment early.
It's the same idea for other bills you might decide to pay off earlier every month. You could negotiate better terms when buying reoccurs monthly or your business buys 2 months in advance to get a better price and a break on monthly shipping.
The question of whether employees will use the card is a good one because some credit card companies have special promotions at times to accommodate that business need. If employees have their own cards you will be able to track spending a little closer. There are options with some business cards that protect owners from misuse by employees. Owners also have the ability to put spending limits on employee cards. Your company will also have the protection that comes with the card against fraud, against faulty goods as well as service that wasn't satisfactory.
Do you expect there will be enough travel miles to warrant getting a card that offers rewards like free flight fares or nights at a hotel? The perks like these are offered to be more attractive in getting the business community on line with a particular credit card. Some cards even offer free gas when the card is used for traveling by car.
By asking all the questions mentioned your company has a better chance at choosing the best credit card for it's needs. And we saved the best for last. Consider what is the best interest rate you can get? Is a
lower interest rate more attractive than other savings or perks you might be able to get with your card?
More incentive to sit and reason this choice with all benefits considered. Wishing you great growth and many returns with your business.
Walmart receipts for small purchases.
This really is a big decision. Many needs can be the same with businesses but then some are not. You need to ask:
What do I need the credit card to do for my business?
How much credit does my business really need?
How much can I afford to charge and reasonably pay back the next month?
Will the owner be the only one using the card or will employees be using it?
Which expenses will I'll be paying with it?
Will I use it for recurring monthly payments?
Does the business get a better deal on pricing if they pay upfront for inventory? If a payment is made before delivery will the business be able to pay off the receipt of goods within 30 days? Paying before finance charges are applied might be necessary to get the benefit of paying for the shipment early.
It's the same idea for other bills you might decide to pay off earlier every month. You could negotiate better terms when buying reoccurs monthly or your business buys 2 months in advance to get a better price and a break on monthly shipping.
The question of whether employees will use the card is a good one because some credit card companies have special promotions at times to accommodate that business need. If employees have their own cards you will be able to track spending a little closer. There are options with some business cards that protect owners from misuse by employees. Owners also have the ability to put spending limits on employee cards. Your company will also have the protection that comes with the card against fraud, against faulty goods as well as service that wasn't satisfactory.
Do you expect there will be enough travel miles to warrant getting a card that offers rewards like free flight fares or nights at a hotel? The perks like these are offered to be more attractive in getting the business community on line with a particular credit card. Some cards even offer free gas when the card is used for traveling by car.
By asking all the questions mentioned your company has a better chance at choosing the best credit card for it's needs. And we saved the best for last. Consider what is the best interest rate you can get? Is a
lower interest rate more attractive than other savings or perks you might be able to get with your card?
More incentive to sit and reason this choice with all benefits considered. Wishing you great growth and many returns with your business.
Benefits of a Small Business Credit Card
When you have your own small business, benefits are important. One of tools that you can use to grow your small business is a small business credit card. There are several benefits to having a small business credit
card:
Build your business credit history
Even businesses have credit histories. It can be important for you to build a good credit history, as it will allow you to take advantages of other opportunities to expand your business. Before you can expand with a small business loan, you need to have an established business credit history.
Higher spending limits
A small business credit card comes with higher spending limits than a personal credit card. This means that you have the available capital to get what you need, when you need it. And it can be easier than getting approved for a loan from a bank. Just make sure that you carefully consider large charges to your small business credit card.
Earn rewards and perks
Many small business credit cards come with rewards and perks that you can use to further build your business. Earn travel, business equipment and gifts. These are all things that cost money -- and you can earn them for free!
Protection for your small business
Credit cards offer extra protection. You can get things like traveler's insurance and rental cars through your credit card. Additionally, all credit cards, including small business credit cards, come with fraud protection. This will protect you better than a debit card.
Legitimacy
A small business credit card can add legitimacy to your company. It shows that you are a serious business, with separate accounting practices. Additionally, a small business credit card can simplify accounting by eliminating cash and checks. A built-in record of your business transactions is standard. Just make sure that you keep your small business credit card for your business only.
Enforce company spending limits
This can be very important. You can get additional cards for trusted employees, and you can set the limits. You can choose limits for the whole company, or choose limits for certain trips or individuals. You can be more
in control, and everything is tracked.
It is important to remember that you need to be as responsible with your small business credit card as you are with a personal credit card. Don't let things get out of hand. If you use a small business credit wisely, it becomes an asset.
card:
Build your business credit history
Even businesses have credit histories. It can be important for you to build a good credit history, as it will allow you to take advantages of other opportunities to expand your business. Before you can expand with a small business loan, you need to have an established business credit history.
Higher spending limits
A small business credit card comes with higher spending limits than a personal credit card. This means that you have the available capital to get what you need, when you need it. And it can be easier than getting approved for a loan from a bank. Just make sure that you carefully consider large charges to your small business credit card.
Earn rewards and perks
Many small business credit cards come with rewards and perks that you can use to further build your business. Earn travel, business equipment and gifts. These are all things that cost money -- and you can earn them for free!
Protection for your small business
Credit cards offer extra protection. You can get things like traveler's insurance and rental cars through your credit card. Additionally, all credit cards, including small business credit cards, come with fraud protection. This will protect you better than a debit card.
Legitimacy
A small business credit card can add legitimacy to your company. It shows that you are a serious business, with separate accounting practices. Additionally, a small business credit card can simplify accounting by eliminating cash and checks. A built-in record of your business transactions is standard. Just make sure that you keep your small business credit card for your business only.
Enforce company spending limits
This can be very important. You can get additional cards for trusted employees, and you can set the limits. You can choose limits for the whole company, or choose limits for certain trips or individuals. You can be more
in control, and everything is tracked.
It is important to remember that you need to be as responsible with your small business credit card as you are with a personal credit card. Don't let things get out of hand. If you use a small business credit wisely, it becomes an asset.
Advantages of Using a Business Credit Card
Congratulations! Careful planning and stout determination have transformed your ideas into reality. Your new business is proof that the American dream still exists. Small business ownership, though, is not for the faint
of heart. Juggling all the daily responsibilities that come with entrepreneurship can be overwhelming. Managing your time wisely should be a top priority.
A business credit card offers the advantage of saving you precious time and reducing stress. Some credit card companies even offer a card with 60 days of no interest (instead of the usual 30 days) when you charge new purchases on your card. And with a business credit card, you will usually be able to obtain a larger line of credit than if you applied for just a personal credit card.
Every business needs supplies and services. All these transactions can quickly become the small business owner’s arch nemesis if not handled correctly. Carrying cash is burdensome and unnecessarily leaves you at risk for theft. Writing checks generates a checkbook that needs to be balanced more frequently (and a big headache when it doesn’t add up at the end of the month).
Using a business credit card makes it easy to purchase business items. Only one check is written each month—instead of the usual twenty or more. Going a step further, perhaps clicking suits your style; credit card payments can be made via an online checking account. Online credit card statements can even be integrated into your accounting software.
Often times, a small business owner isn’t the only one making purchases. Are invoices and expense reports from employees piling up on your desk? Business credit cards end the paper pile-up and organize employee spending. An online account can monitor each employee’s credit card usage on a daily basis.
Last, but not least, using a business credit card has its perks. Discounts on airfare and merchandise are available, and varies with the card. Some cards offer savings through a point system, while others offer cash
rebates. Choose from a cash back plan where you earn a specified amount each time you make purchases with your card (usually 2% of the total spent).
In a nutshell, business credit cards help businesses to operate more efficiently while offering great incentives. With so many cards that have no annual fee and low APR rates, what are you waiting for? Charging instead of using cash or checks is the right choice for a growing business like yours.
of heart. Juggling all the daily responsibilities that come with entrepreneurship can be overwhelming. Managing your time wisely should be a top priority.
A business credit card offers the advantage of saving you precious time and reducing stress. Some credit card companies even offer a card with 60 days of no interest (instead of the usual 30 days) when you charge new purchases on your card. And with a business credit card, you will usually be able to obtain a larger line of credit than if you applied for just a personal credit card.
Every business needs supplies and services. All these transactions can quickly become the small business owner’s arch nemesis if not handled correctly. Carrying cash is burdensome and unnecessarily leaves you at risk for theft. Writing checks generates a checkbook that needs to be balanced more frequently (and a big headache when it doesn’t add up at the end of the month).
Using a business credit card makes it easy to purchase business items. Only one check is written each month—instead of the usual twenty or more. Going a step further, perhaps clicking suits your style; credit card payments can be made via an online checking account. Online credit card statements can even be integrated into your accounting software.
Often times, a small business owner isn’t the only one making purchases. Are invoices and expense reports from employees piling up on your desk? Business credit cards end the paper pile-up and organize employee spending. An online account can monitor each employee’s credit card usage on a daily basis.
Last, but not least, using a business credit card has its perks. Discounts on airfare and merchandise are available, and varies with the card. Some cards offer savings through a point system, while others offer cash
rebates. Choose from a cash back plan where you earn a specified amount each time you make purchases with your card (usually 2% of the total spent).
In a nutshell, business credit cards help businesses to operate more efficiently while offering great incentives. With so many cards that have no annual fee and low APR rates, what are you waiting for? Charging instead of using cash or checks is the right choice for a growing business like yours.
Citi Professional Credit Card Review
If you are looking for a new credit card for your business, then you should check out the Citi Professional Credit Card. This card has no annual fee, and no interest on balance transfers for one year. The Citi
Professional Credit Card has a variable 12.49 percent interest rate on any credit card transactions. Unfortunately there is no period with a low introductory interest rate. The good news is the benefits of the Citi Professional Credit Card when it comes to rewards are very good though. These include enough "ThankYou Points" credited to your account after your first transaction for a $100 gift card.
The total points you receive after your first transaction is 10,000 "ThankYou Points". This means that every "ThankYou Point" is worth one cent. This is good news for you if your business credit card is used for purchasing a lot of meals, gas, or car rentals. Why would that be beneficial to Citi Professional Credit Card Owners? It is because for each of these categories you receive three "ThankYou Points" for every dollar spent. This means in effect that you are earning 3 percent back on ever transaction you make with the Citi Professional Credit Card in these categories. Not a bad benefit for spending money just like you would with cash. Of course if you spent cash you wouldn't get the three percent back like you do with the City Professional Credit Card.
The "ThankYou Points" are not the only benefit of signing up for a City Professional Credit Card for your business. You will also get managment tools online that will help you categorize your expenses for when tax time comes around. This allows you to categorize and total the expenses in each category. The City Professional Credit Card also includes several benefits for you when you travel. You get travel accident insurance, travel and emergency insurance and Auto Rental insurance when using your Citi Professional Credit Card.
For those of you that are looking to save money on prescriptions, as a City Professional Credit Card holder you will also receive a prescription discount card. This discount card will give
you anywhere from ten to sixty percent off your prescription costs at participating retailers.
Some things you should be aware of with the Citi Professional Credit Card though is that if you fail to make your payments on time, the 0% APR for your balance transfers may not remain in effect as a result of the late payment. There is also a fee that the City Professional Credit Card holder will have to pay for their initial balance transfer. As always, reward credit cards are only a good investment if you pay off the balance of credit card transactions on a monthly basis. Otherwise the interest you pay on balances outweighs the benefits of the rewards.
Overall as a business owner, the Citi Professional Credit Card is a card that is worth applying for. Why not go ahead and enjoy that free $100 gift card after your first purchase, 3% back on purchases in many categories, and other benefits when paying expenses with your Citi Professional Credit Card instead of carrying cash.
Professional Credit Card has a variable 12.49 percent interest rate on any credit card transactions. Unfortunately there is no period with a low introductory interest rate. The good news is the benefits of the Citi Professional Credit Card when it comes to rewards are very good though. These include enough "ThankYou Points" credited to your account after your first transaction for a $100 gift card.
The total points you receive after your first transaction is 10,000 "ThankYou Points". This means that every "ThankYou Point" is worth one cent. This is good news for you if your business credit card is used for purchasing a lot of meals, gas, or car rentals. Why would that be beneficial to Citi Professional Credit Card Owners? It is because for each of these categories you receive three "ThankYou Points" for every dollar spent. This means in effect that you are earning 3 percent back on ever transaction you make with the Citi Professional Credit Card in these categories. Not a bad benefit for spending money just like you would with cash. Of course if you spent cash you wouldn't get the three percent back like you do with the City Professional Credit Card.
The "ThankYou Points" are not the only benefit of signing up for a City Professional Credit Card for your business. You will also get managment tools online that will help you categorize your expenses for when tax time comes around. This allows you to categorize and total the expenses in each category. The City Professional Credit Card also includes several benefits for you when you travel. You get travel accident insurance, travel and emergency insurance and Auto Rental insurance when using your Citi Professional Credit Card.
For those of you that are looking to save money on prescriptions, as a City Professional Credit Card holder you will also receive a prescription discount card. This discount card will give
you anywhere from ten to sixty percent off your prescription costs at participating retailers.
Some things you should be aware of with the Citi Professional Credit Card though is that if you fail to make your payments on time, the 0% APR for your balance transfers may not remain in effect as a result of the late payment. There is also a fee that the City Professional Credit Card holder will have to pay for their initial balance transfer. As always, reward credit cards are only a good investment if you pay off the balance of credit card transactions on a monthly basis. Otherwise the interest you pay on balances outweighs the benefits of the rewards.
Overall as a business owner, the Citi Professional Credit Card is a card that is worth applying for. Why not go ahead and enjoy that free $100 gift card after your first purchase, 3% back on purchases in many categories, and other benefits when paying expenses with your Citi Professional Credit Card instead of carrying cash.
Small Business Credit Cards: An Overview
In today's growing credit card industry, there are scores of options from which to choose. Do you go with low interest rates or awesome reward points? Do you bother with annual
fees or weigh the benefits? Small business credit cards are even more numerous and diverse than personal cards, and choosing the perfect one for your company can take some time.
I've compiled an overview of cards from various financial institutions to aid in your decision. You can compare interest rates with reward points and annual fees.
Chase Bank
1. Chase Platinum Visa Business Card
Interest Rate: 0% APR for 12 months; a variable APR thereafter starting as low as 11.24%
Annual Fee: None
Rewards: None
Benefits: Up to $1,000,000 Travel Accident Insurance, Auto Rental Collision Damage Waiver, Up to $3,000 Lost Luggage Insurance, Zero Liability On Unauthorized Purchases.
2. Chase Visa Platinum Business Card with Free Cash Rewards
Interest Rate: 0% for up to 12 months; variable thereafter starting at 13.24%
Annual Fee: None
Reward: Earn cash back with each purchase; earn 1,000 reward points after making first purchase.
Benefits: Up to $1,000,000 Travel Accident Insurance, Travel and Emergency Assistance, Purchase Security and Extended Protection.
3. Chase Continental Business Card
Interest Rate: 6.99% fixed APR for up to 6 months; 16.24% thereafter
Annual Fee: $75.00
Rewards: 10,000 OnePass®Bonus Miles after your first purchase, Double Miles at Continental.
Benefits: MasterCard Global Service, Up to $3,000 Lost Luggage Insurance, MasterRental® Insurance Coverage.
4. GM Business Card
Interest Rate: A variable APR, 13.24%
Annual Fee: None
Rewards: Earning points toward a new GM vehicle; cash back from paying at the pump.
Benefits: Master RoadAssist® Roadside Coverage, Travel Services Medical Protection, Emergency Cash and Card Replacement.
5. Marriot Rewards Business Card
Interest Rate: 3.9% fixed APR for up to 6 months; a variable 17.24% thereafter.
Annual Fee: Waived first year; $30.00 thereafter
Rewards: Earning Marriot reward points for free travel.
Benefits: Trip Delay Reimbursement, Up to $3,000 Lost Luggage Insurance, Auto Rental Collision Damage Waiver.
For More Information: www.chase.com
Bank Of America
1. Power Rewards Platinum Visa Business Card
Interest Rate: Prime plus 6.99%
Annual Fee: None
Rewards: Up to 2% cash back, gift certificates, travel rewards, and merchandise; 1,000 bonus points after first purchase
2. Platinum Visa Business Card
Interest Rate: Prime plus either 6.99% or 9.99%
Annual Fee: None
Rewards: None
3. US Airways Visa Business Card
Interest Rate: Prime plus 9.99%
Annual Fee: $75.00; $15.00 each for extra cardholders
Rewards: 1 mile for every dollar spent in purchases, double miles on purchases from US Airways, and 15,000 bonus miles after first purchase.
4. Alaska Airlines Visa Business Card
Interest Rate: Prime plus 9.99%
Annual Fee: $50.00; $25.00 each for extra cardholders
Rewards: 1 mile for every dollar spent in purchases, Double miles on purchases from Alaska orHorizon Airlines, 10,000 bonus miles after first purchase.
Benefits of all BOA Business Cards: Credit limit up to $25,000, savings and discounts on business purchases, Overdraft Protection for linked business checking accounts.
For More Information: www.bankofamerica.com
Wells Fargo
1. Wells Fargo Business Platinum Card
Interest Rate: Prime + 4% to Prime + 14%
Annual Fee: None
Rewards: None
Benefits: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance
2. Wells Fargo Business Secure Card
Interest Rate: Prime + 9.9%
Annual Fee: $50.00
Rewards: None
Benefits: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance
3. Wells Fargo Corporate Card
Interest Rate: Prime + 2.8% up to Prime + 9.8%
Annual Fee: $10.00/each for 6-50 cards; None for 51+ cards
Rewards: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance, Master Coverage
NOTE: This is for large corporations, and business owners must order at least 6 cards to apply
For More Information: www.wellsfargo.com
fees or weigh the benefits? Small business credit cards are even more numerous and diverse than personal cards, and choosing the perfect one for your company can take some time.
I've compiled an overview of cards from various financial institutions to aid in your decision. You can compare interest rates with reward points and annual fees.
Chase Bank
1. Chase Platinum Visa Business Card
Interest Rate: 0% APR for 12 months; a variable APR thereafter starting as low as 11.24%
Annual Fee: None
Rewards: None
Benefits: Up to $1,000,000 Travel Accident Insurance, Auto Rental Collision Damage Waiver, Up to $3,000 Lost Luggage Insurance, Zero Liability On Unauthorized Purchases.
2. Chase Visa Platinum Business Card with Free Cash Rewards
Interest Rate: 0% for up to 12 months; variable thereafter starting at 13.24%
Annual Fee: None
Reward: Earn cash back with each purchase; earn 1,000 reward points after making first purchase.
Benefits: Up to $1,000,000 Travel Accident Insurance, Travel and Emergency Assistance, Purchase Security and Extended Protection.
3. Chase Continental Business Card
Interest Rate: 6.99% fixed APR for up to 6 months; 16.24% thereafter
Annual Fee: $75.00
Rewards: 10,000 OnePass®Bonus Miles after your first purchase, Double Miles at Continental.
Benefits: MasterCard Global Service, Up to $3,000 Lost Luggage Insurance, MasterRental® Insurance Coverage.
4. GM Business Card
Interest Rate: A variable APR, 13.24%
Annual Fee: None
Rewards: Earning points toward a new GM vehicle; cash back from paying at the pump.
Benefits: Master RoadAssist® Roadside Coverage, Travel Services Medical Protection, Emergency Cash and Card Replacement.
5. Marriot Rewards Business Card
Interest Rate: 3.9% fixed APR for up to 6 months; a variable 17.24% thereafter.
Annual Fee: Waived first year; $30.00 thereafter
Rewards: Earning Marriot reward points for free travel.
Benefits: Trip Delay Reimbursement, Up to $3,000 Lost Luggage Insurance, Auto Rental Collision Damage Waiver.
For More Information: www.chase.com
Bank Of America
1. Power Rewards Platinum Visa Business Card
Interest Rate: Prime plus 6.99%
Annual Fee: None
Rewards: Up to 2% cash back, gift certificates, travel rewards, and merchandise; 1,000 bonus points after first purchase
2. Platinum Visa Business Card
Interest Rate: Prime plus either 6.99% or 9.99%
Annual Fee: None
Rewards: None
3. US Airways Visa Business Card
Interest Rate: Prime plus 9.99%
Annual Fee: $75.00; $15.00 each for extra cardholders
Rewards: 1 mile for every dollar spent in purchases, double miles on purchases from US Airways, and 15,000 bonus miles after first purchase.
4. Alaska Airlines Visa Business Card
Interest Rate: Prime plus 9.99%
Annual Fee: $50.00; $25.00 each for extra cardholders
Rewards: 1 mile for every dollar spent in purchases, Double miles on purchases from Alaska orHorizon Airlines, 10,000 bonus miles after first purchase.
Benefits of all BOA Business Cards: Credit limit up to $25,000, savings and discounts on business purchases, Overdraft Protection for linked business checking accounts.
For More Information: www.bankofamerica.com
Wells Fargo
1. Wells Fargo Business Platinum Card
Interest Rate: Prime + 4% to Prime + 14%
Annual Fee: None
Rewards: None
Benefits: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance
2. Wells Fargo Business Secure Card
Interest Rate: Prime + 9.9%
Annual Fee: $50.00
Rewards: None
Benefits: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance
3. Wells Fargo Corporate Card
Interest Rate: Prime + 2.8% up to Prime + 9.8%
Annual Fee: $10.00/each for 6-50 cards; None for 51+ cards
Rewards: Wells Fargo Protect Program, Travel Insurance, Auto Rental Insurance, Master Coverage
NOTE: This is for large corporations, and business owners must order at least 6 cards to apply
For More Information: www.wellsfargo.com
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