Learn about the differences between personal and business credit cards and how you can apply for one for your company.
How to Apply for a Business Credit Card
How to Get a Business Credit Card: FAQs
What Is the Typical Credit Limit for a Business Credit Card?
You can’t really expect one all-encompassing answer here, as it’ll always vary based on things like your creditworthiness and business details. Having said that, remember that business credit cards often come with much higher credit limits compared to personal credit cards, so it’ll still be a respectable amount either way.
Can I Use a Business Credit Card for International Transactions Without Incurring Additional Fees?
A lot of cards do allow you to make overseas transactions without incurring any foreign transaction fees, but still, it’s not the majority. So, if your business makes a lot of foreign transactions, it’s definitely worth seeking out a credit card that specifically provides this feature, and you can normally tell this simply by reading the terms and conditions to confirm whether the fees apply or not.
Are There Business Credit Cards With No Annual Fees?
While there are definitely some business credit cards out there without a monthly or annual fee, it’s worth mentioning that they’re slightly less common than those with them — not to mention that they tend to come with certain trade-offs when it comes to the rewards and benefits they have. So, it’s important to review the terms and conditions whenever you’re signing up for the card.
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