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When signing up for your first business credit, you will have a number of options that you can choose from. Many large merchants and outlets offer business cards of various sorts, from Macy’s to the Home Depot. Business credit cards may be tough to sign up for initially, but they often will give you access to rewards and advantages that are simply not accessible through other avenues.

When selecting a business credit card, it is important to understand exactly what advantages the card confers. Business cards offer similar kinds of advantages that they advertise to potential customers that personal credit cards offer: low introductory rates, special rewards, air miles and often cashback privileges, and even certain levels of social status that are often conferred by “platinum” credit cards. It is often necessary to figure out exactly where your priorities lie in choosing one; if you travel frequently and have a preferred airline, you will probably find that air miles cards that are issued by airlines are the best way to go, while contractors and other kinds of repairmen will often best be served by things like home depot business credit cards. Of course, if you have a lot of flexibility in your spending patterns, you will probably be much better off with direct cashback rewards (which, often, give you the best bang for your buck). If, for example, your trips to home repair stores are limited to the use of occasional office supplies, it makes far more sense to have a cashback card than it does to have a Home Depot business credit card.

Be sure that you are checking out all the fine print when it comes to getting a business credit card. Oftentimes you will find that it is difficult to secure a basic credit card than a business credit card, and they may want to use your personal credit to do it. This is a mistake. The easiest way to get a pure business credit card is to get a secured card; one in which you will have a savings account attached to the credit card to secure it. This way you can being building good business credit while taking advantages of the low financing.

This Business article was written by Mark Karavan on 2/12/2010