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Business credit cards that earn rewards — either points, miles or cash back — can help small business owners boost their bottom line and earn additional helpful benefits. When choosing the ...
The Best Business Credit Cards. Capital One Spark 1.5% Cash Select: Best for Cashback on Hotels and Rental Cars. Bank of America Business Advantage Rewards Mastercard: Best Paired with BofA ...
The Ink Business Unlimited® Credit Card is an excellent card for financing a big business purchase since it offers unlimited 1.5% cash back on every purchase, extended warranty and purchase ...
Cards are even more secure than cash because they reduce theft opportunities by reducing the amount of cash on the premises. Finally, credit cards reduce the back office expense of processing checks/cash and transporting them to the bank. Prior to credit cards, each merchant had to evaluate each customer's credit history before extending credit.
Also, remember that the best business credit cards should let you earn cash back or travel rewards, which can add up quickly if your business spends a lot on miscellaneous purchases or inventory ...
An MCC reflects the primary category in which a merchant does business and may be used: to determine the interchange fee paid by the merchant, with riskier lines of business paying higher fees; by credit card companies to offer cash back rewards or reward points for spending in specific categories [4] [5]
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