Credit cards are not only for private individuals. Small businesses can also derive a great deal of benefit from it. That’s why if you have a small business, one of the moves that you should focus your attention to is picking which credit card to use for your business.
There are some major differences that credit cards for businesses and for individuals can be used. For a business, it is actually smarter to use as many cards as possible so the introductory offers can be taken advantage of.
According to ODYSSEAS PAPADIMITRIOU of New York Daily News, “Issuers are allowed to raise rates on business credit card balances at will, but can only do so when a cardholder is at least 60 days delinquent on payment with a general-consumer card.”
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