ce b e ac becedd

These 4 Small Business Credit Cards Are Perfect for Freelancers | Credit.com

Posted on

People are becoming a member of the gig financial system in droves. In 2016, the Freelancers Union found that 35% of the U.S. workforce engaged in freelance work, an increase of more than 1 million individuals from the prior yr. With freelancing on the rise, many staff may be managing enterprise finance for the primary time.

A separate credit card for business expenses provides several benefits. Most significantly, it makes tracking enterprise prices easier and may also help keep away from headaches throughout tax season. Small enterprise bank cards also reward freelancers for their enterprise spending.

Listed here are four small business bank cards that can help freelancers fund their business.

1. Blue Business Plus Card

Perks: Two factors per dollar on up to $50,000 in purchases annually, one point per greenback thereafter

Signup Bonus: None

Annual Payment: None

Annual Proportion Price (APR): 0% intro APR for 15 months, then variable 11.99%, 15.99% or 19.99%

Why We Picked It: Cardholders earn points that may be redeemed for business and journey, and additional features make it straightforward to track business bills.

Advantages: All purchases earn double points, which could be redeemed for journey, workplace provides and other enterprise bills. There are a number of further journey protections and insurance policies. You’ll be able to upload receipts from your cell phone and connect your transaction data with QuickBooks.

Drawbacks: Fewer retailers accept American Categorical compared to Visa or MasterCard.

2. Chase Ink Enterprise Money

Perks: 5% cash again on as much as $25,000 at office supply stores and utility suppliers (telephone, internet and cable TV), 2% cash back on up to $25,000 at fuel stations and eating places, 1% cash back on all different purchases

Signup Bonus: $300 bonus money again once you spend $three,000 within the first three months

Annual Payment: None

APR: 0% intro APR for 12 months, then variable 13.99% to 19.99%

Leave a Reply

Your email address will not be published. Required fields are marked *