The key to getting a good first business credit card is to eliminate the things that are going to potentially hurt your credit. These include business credit cards that require a pull on your personal credit, and business cards with shaky interest rates. The former are particularly bad, as anything that goes south with your business credit will in turn end up affecting your personal credit, which is something from which you won't be able to enjoy the same amount of legal correction. American express small business cards, for example, will present a bit of a hazard to your credit score if they are marketing towards sole proprietorships. This makes the options for a first credit card a bit tight, so an easy way to get set up with your first credit card is to get a secured credit card. This means that the merchant will require you to hold a savings account with a certain specified minimum as collateral to secure the card. This may seem irritating at first, but it is an excellent way to get your foot in the door with credit building.
The main priority that you want to put into a business credit card is the interest rate. You want to make sure that you get the lowest rate possible, and don't have to worry about sudden rate hikes that might occur. Do a little bit of research on your American Express small business credit cards and you should be just fine.
. Article on 1.american express small business credit cards by Mark KaravanCopyright © 2002-2011 Zeromillion.com. All Rights | Virante