switters

Hi everyone,

I need a new card for my business. I'm most interested in cash back. Used to have Chase Ultimate Rewards and found that it was too hard to make use of the points with my travel needs. I have two business cards with Capital One (Spark 2%) and a personal card (Venture 2%) with them, but my credit limits are maxed there so I can't really open a new card.

My FICO is 810-820. What other good options are there? I don't like cards with the spending categories because my business spending doesn't really fit them that well. I do a fair amount of air travel (maybe a trip every 2 months, sometimes more frequently) and eating out (especially while traveling), but the remaining recurring expenses are all over the map.

s4popo

Fidelity has a 2% cash back card.

I find it hard to believe you have a FICO over 800 with two credit cards maxed out.

switters

The cards are not maxed out; they are paid off in full every month. My total credit limit with CapitalOne is maxed out. I have three cards with them:

• Spark Business #1: credit limit $80k
• Spark Business #2: credit limit $50k
• Venture Personal #1: credit limit $20k

My personal account manager told me that CapOne won't issue more than $150k in total credit to one person, and their business cards are tied to me personally. That's how they do it.

Doesn't the Fidelity card require deposit in a Fidelity bank account? That won't work for me.

Yoshi212

-The Citi Double Cashback is a 2% card across the board with no annual fee.
-SPG if you use Starwood hotels is a good value for redemption and for transfers to multiple airlines.
-Amex Blue Cash is good for dining out and some other categories which may appeal to your spending patterns. Currently there is a signup bonus of 200-350$ with this card.

switters

Thanks. Can I apply for a consumer card like Citi Double Cashback even though this is a small business? I've always wondered that.

Yoshi212

Most "Business" cards are not associated with the corporation but rather the individual/owner's credit profile much like your Capital One. So while this card would be used for business expenses they're tied to your personal credit. The upside to some business cards are the perks/bonuses and ease of accounting which can easily be done by yourself.

Some banks do have actual business cards such as the Amex Open Business cards.

mia

American Express Business cards are personally guaranteed and tied to personal credit. American Express Corporate cards are issued to the enterprise, and they are looking for $10 million annual revenue.

ninroot

Spark lines go up to $1M. Your account manager misinformed you