New Business Credit Cards in 2010
2009 was a rough year for the business credit card market. In fact, it was a pretty rough year for the rest of the consumer cards as well. While the market seems to be picking up just a tad, I don't think that many business cards are going to be coming back this upcoming year. In my personal opinion, I think it's going to be another year, before we see a great list of cards again today.
Even though that's just my little opinion that doesn't mean that much, I wanted to show you how you can find the best new business cards in your area. A lot of small business owners think that they need to apply online, but this couldn't be further form the truth! Follow some of my types and guidelines alone, and see how you can get the best card.
Try your local credit union: If you haven't consider a local credit union yet, I would recommend that you head to one. See what they can do with you. I've found credit unions to be a lot more personable than compared to a big corporate bank giant.
Try your bank: I don't know where you bank, but head in there, and ask them about the deals they have for business owners. What I have found is that a lot of banks don't advertise their best rates, or deals. This is a strategy that they use in order to get people in the door.
Look on forums/blog: Check out forums and blogs to see what other people think when it comes to the credit card that they use. I'm sure that you might be apart of a forum in relations to your business. For example, if you own a mom and pop pet store, there's probably a forum out there for it. Ask them what they use, and get an opinion.
What you're going to want to do is make sure that you compare apples to apples. Never ever apply for the first card that you see. It's kind of like house hunting. Are you going to purchase the first house that you see? No! You're going to want to do the same with cards. Find one that has great rewards, little to no fees, and one that's going to work for your business.
Try your major brands like Chase, Discover, and others. They still have cards out there. Check them out and see what works for you!