Looking to apply for a business credit card but have average credit? Here's the best choice for you

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Looking to apply for a business credit card but have average credit? Here's the best choice for you.

Filming content for a YouTube channelWhy the Capital One Spark Classic for Business is the best credit card for business owners with average creditallow business owners with average credit to qualify, it also comes with no annual fee and the option to add any additional cards for your employees at no cost.

According to Capital One's credit level guidelines, you may have average credit if you have defaulted on a loan in the past five years or if you have limited credit history . This may include students, those who are new to the U.S. or authorized users on someone else's credit card, the issuer's website states.

In addition to allowing those with average credit to apply, the Capital One Spark Classic for Business is also a cash-back card that lets users earn an unlimited 1% cash back on every purchase for their business, with no minimum to redeem. This means that you can cash in at any time and for any amount, whether as a check or a statement credit applied to your balance.

Spark Classic cardholders will also receive Capital One business benefits like accounting services and customized spending limits for employee cards. You will also be eligible to receive Visa® business benefits, including 24/7 travel assistance and auto rental damage waivers. The good news is that if you use this card to help build a better credit score, you can eventually qualify for other business credit cards that offer luxury perks, such as

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No thanks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardholders' credit limits are shrinking during the pandemic - Business InsiderIssuers are walking a tightrope between managing the risk of missed payments and alienating cardholders who need credit cards more than ever during the pandemic
Source: BusinessInsider - 🏆 729. / 51 Read more »

6 things to know before you take advantage of your bank's COVID-19 credit card relief - Business InsiderAmerican Express, Chase, and other banks are offering deferred payments, but you need to request help — and you'll still incur interest charges. Would be greatly unfair if it did.
Source: BusinessInsider - 🏆 729. / 51 Read more »