Do you have a small business? Do you regularly purchase office supplies, and have financial software that manages your financial records? Do you sometimes charge your business expenses to your personal credit cards? Would you like a higher credit line for a large purchase that you have in mind? Chase Bank has a credit card designed for you that is a great answer to all the regular day to day activities of a business, and also offers a high credit line in case you need to make a large purchase. This is the Chase Visa Platinum Business Card.
One of the things that can happen more often than we’d like in small businesses is the occasional cash shortfall, where customers’ payments for items and services come much later than the money that has already been spent in providing them. The Chase Visa Platinum Business Card has a credit limit of $35,000 in order to give the small businessman time to bridge this gap between money spent and money received. This credit limit also allows a small business to upgrade some of their equipment to be more efficient and cost-effective. The Chase Visa Platinum Business Card also has a 0% interest rate for the first 12 billing cycles. In this way, a business can buy a new copier, computer, or other large purchase, and be able to spread the cost of the equipment over a number of months without any additional interest charge. This 0% interest is also available for balance transfers from other business accounts, so that the overall cost of business expenses is reduced. This is a great benefit.
Another advantage of the Chase Visa Platinum Business Card is that there is a Partner Advantage program, where a cardholder can save up to 20% when purchasing such items as computer equipment. This discount can also be applied to car rental, hotel rooms, and other traveling expenses as long as the Chase Visa Platinum Business Card is used for these purchases.
There is also insurance in case luggage is lost while traveling, up to $300 in value.
A rarely discussed advantage of the Chase Visa Platinum Business Card is that it can generate quarterly reports for all activity on the card. This is a wonderful addition to the normal small business financial system, and gives a great deal of insight into how the business spends its money.
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