Instant Approval Business Credit Cards - How To Apply

What are instant approval business credit cards and what benefits do they provide over traditional credit cards? If you are asking this question you likely are a small business owner or are considering becoming one, in which case an instant approval business credit card may be right for you.

With an instant approval business credit card, like any instant approval card, you can apply for the card today and have the card by tomorrow in many cases. While this is very convenient, it is imperative to make sure that you will be responsible with this card. Instant approval cards are appealing due to the ease with which you can get them, but that does not make them any less dangerous than cards which take longer to approve. Those interested in reducing credit card debt probably want to stay away from instant approval cards.

An important benefit of an instant approval business credit card is the detailed expense reports it will provide a business owner. By breaking down all purchases into categories and allowing you to drill down through the data, a business owner can analyze the spending habits of their business. This analysis of purchases made with the instant approval business credit card may help the business owner save money.

Many instant approval business credit cards come with offers for large discounts at various stores/retailers/suppliers. Like an airline mileage credit card, these offers can also save a business owner significant amounts of money. When shopping for an instant approval business credit card, it is important to compare all the usual attributes of the card including interest rate, annual fee, and rewards. Some instant approval business credit cards also come with overdraft protection, offering to forward cash to the business over at a pre-determined rate. When used responsibly, instant approval business credit cards can help business owners both track and control expenses while possibly saving money from the discounts provided by the particular card.

Airline Mileage Credit Card - Worth The Limitations?

An airline mileage credit card is a specific type of mileage credit card provided by, you guessed it, the airline. Compare this to a bank issued mileage credit card, which has points that can be redeemed for many different airlines. So what are the differences between an airline mileage credit card over the bank issued mileage credit card and which is right for you?

Like the bank issued mileage credit card, the airline mileage credit card gives you more bang for your buck when purchasing airfare. You earn frequent flier miles both from the dollars that you spent on the credit card for the airfare as well as for the miles traveled. Thus, for those who travel often for work or leisure, an airline mileage credit card can be very attractive. As mentioned earlier, the non-airline specific mileage credit card tends to give you greater flexibility over a specific airline mileage credit card. Thus when considering airline cards, it is important to research which airlines fly into your nearby airport.

Generally speaking, the most important attributes for any credit card, including an airline mileage credit card, are those relating to what it costs you. When researching the cards, be sure to record and compare the yearly fees, interest rates, redemption fees/percentages, and other charges. A shrewd shopper will probably opt for an airline mileage credit card that has no annual fee (it can be hard to make up for this via better rewards) and the best opportunity for earning reward miles. Many airline mileage credit cards will also offer a large amount of initial miles for signing up, although read the fine print as sometimes it takes time to redeem these miles.

In summary, an airline mileage credit card can be a worthwhile option for frequent travelers. Generally speaking, a bank issued mileage credit card will be more versatile than an airline specific card. However, whether one is better than the other will vary based on the specific offers of the mileage credit cards.