|❯ Annual Fee: $0|
|❯ Purchase Intro APR: 0% for 12 months|
|❯ Rewards Rate: 1 - 2% Cash Back|
|❯ Transfer Intro APR: N/A|
|❯ Regular APR: 13.24% - 19.24% Variable|
Blue Business Cash gives you 2% cash back on the first $50,000 in purchases per year. All other purchases earn 1% back, which is barely below the 1.07% average for a cash rewards card. So it’s best to use this particular card solely for the higher earn rate.
Blue Business Cash is roughly $19.76 cheaper than the average credit card. In addition to the money this stands to save you, the lack of an annual fee makes it easier to justify getting the card just for its rewards.
Good credit or better required. You personally (not your business) need good to excellent credit to get approved for the Blue Business Cash Credit
You can check your latest credit score for free on WalletHub, in addition to learning more about why your personal credit standing dictates business credit card approval.
Blue Business Cash offers 0% for 12 months on new purchases. Reduced financing costs could save your business a lot of money, as long as you remember that the offer has a clear expiration date with a high regular APR waiting behind it.
Business credit cards aren’t the best for carrying a balance because issuers can increase the interest rate on that balance whenever they wish. That’s not the case with general-consumer cards, however.