Types of Business Credit Cards Accounts
There are many types of credit cards available. The cards are
customized to fit a variety of needs, including high-risk, batch
cards, business cards, restaurant and so much more.
Batch
The "Batch Credit Cards" are proposed to business owners that
deal with "direct marketing" accounts, "telephone orders" and
mail orders." The card helps the business owner get the money on
time. The payments in the business can be transferred
immediately in batches with the credit card. This will allow the
business owner to receive timely payments and send timely
payments as well for inventory, or purchases. The "Batch Credit
Cards" come with software that enables the business owner to
"organize" the company's fees. Furthermore, the software enables
business owners to "upload" files "to a processor." The card
comes in handy also, if the business incurs "recurring
transactions or fees."
Merchant Consolidation A "Merchant Account" is "the central
bank" accounts that work to 'consolidate" bills and payment,
combining debits, "electronic checks, credit cards," as well as
other payment methods into one process...The bank transfers is
transmitted from the consumer and the funds are deposited into
the company's business accounts. The process takes up to "two
business days.' The concept is to enable businesses to 'accept"
all major credit cards, including debit cards and electronic
checks. The offer is to give businesses "fast, simple and free"
support for operator businesses.
Merchant Restaurant/Retail Restaurants often have high-volume
processing money every day. Individuals that run 'retail
businesses or restaurants' could benefit from Processing
services that help the business accept credit cards. Many
individuals and families will use their credit cards to payoff
bills, dine out, etc., therefore the businesses that take credit
cards are at risk. Merchant Accounts and Retail Merchant
Accounts make sense, in that the providers can take all major
credit cards and personal checks. Many restaurant owners take
more cash than most businesses, and use their credit cards to
make purchases. Since, credit cards are used by both company and
customer, and then the Merchant process can benefit the
companies.
Business Credit Cards Few of the Business Credit Cards include
the CitiBusiness Cards. The cards help "10,000 Thank You Points"
for 'redeemable for $100 Gift" Cards. There are no annual fees
on few of the CitiBusiness Cards, and no reward fees. The
business can earn '3 points" per each dollar spent on business
supplies and services. Few providers offer "free quarterly and
annual statements' that 'track expenditures by spend category
and employee.' The business can apply for as many cards as
needed. In addition, there is a 0% APR up to one year. Be sure
to read the Terms & Conditions to learn more about the fees
after the card has reached its term. The Platinum Business Cards
form American Express offer no annual fees, 0% Introductory APR
on credit card purchases, 4.99% for lifetime balance transfers,
and enables businesses to pay the card monthly in full or
partial installments.
The Business Cash Rebate Credit Cards from OPEN the Small
Business Network offers 0% APR for the first six months. There
are no limits on cash back programs, no bare minimum expenditure
requirements, no annual fees, and the cardholder receives 5%
Cash Rebates.
The Gold Delta SkyMiles Business Cards offer FREE first year
holder, '15,000 Bonus SkyMiles, on the initial use of the card,
'double miles" for selected category, 0% Introductory APR on
purchase, and few companies offer to give decisions in less than
one hour.
Visa Business The Visa Business Cards help businesses to gain
freedom from finance, and is a smart plan for managing your
money. Few card providers offer detailed credit reporting to
help businesses prosper by increasing their credit ratings. The
cards can help businesses separate their personal debts and
business debts. Card providers will send monthly statements to
help the business owner keep track of its spending.
Benefits Few of the benefits that are included in some Visa
Business Cards may include, coverage for vehicle rentals
"collision damage waiver," inquiry services, "emergency cash
disbursement & card replacement," fraud protection, assistance
for emergencies during travel, and security on purchases and
"extended protection."