Have a discussion about the way the card should be used in advance, with clear parameters. "Cosigning can certainly help build credit for a new user, but if utilized improperly, it can just as easily bring down the cosigner's credit score," Brainard says. "Always proceed with caution ...
Since most credit card issuers will require you to qualify for the card personally, at least as a guarantor, the bank will be looking at your qualifications as well as those of your business. The process is more complicated with a business than when you apply for a personal credit card. U...
Note:You will need to enable HTTPS/SSL on your website so that you can securely accept credit card payments. For more details, you can follow our guide onhow to get a free SSL certificate for your WordPress site. Often users don’t want to set up a full-fledgedonline storewith a shop...
Another fairly important factor of credit card eligibility is the CUR or Credit Utilization Ratio. It refers to the ratio between the credit card bill and the credit limit. Both these factors determining the credit utilization ratio are inversely proportional to each other. This means that if you...
Also note that you could just as easily use your credit card for purchases, which also helps you avoid cash advance fees and as well as a cash advance APR on the money you access. Online payment apps Several online payment apps let you transfer money to yourself (or to others) that is...
You Get Access to Better Interest Rates This benefit is a byproduct of responsible credit card use. When you have a higher credit score and strong payment history,lenderswill see you as less of a risk. After you spend some time managing your credit card responsibly, you can enjoy lower int...
Don’t forget if you’re going tocancel your credit card, you need to pay off your balance first. How to pay your credit card from another bank? Some people don’t realize that you can get a credit card from financial institutions you don’t bank with. In fact, some of thebest trav...
You must pay your credit card bill by the due date if you want to avoid a late fee. However, it’s never a bad idea to pay a couple of days before your due date — that way if there are any glitches or delays, you’ll still have time to get the payment in. The importance of...
Emphasize the flexibility and ease of redeeming rewards earned through your credit card. Whether it’s redeeming for travel, cashback, merchandise, or gift cards, highlight the various options available to cater to different customer preferences. Make it clear that the rewards are easily accessible ...
How can you get a business credit card with bad credit? If you’re applying for a business credit card with bad credit or no credit history, consider applying for a secured business credit card. A secured card is a viable way to improve your credit score and access credit. Secured busines...