Best Credit Cards for Home Business in 2012

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Business credit cards are a competitive advantage for home businesses.

Los Angeles, CA (PRWEB) January 19, 2012

With more than half of U.S. businesses operating from their home (51.6%), according to a recent survey by the U.S. Census Bureau, CreditDonkey.com published their updated list of the best business credit cards with the home business owner in mind.

"As home businesses continue to thrive, savvy business owners are turning to business credit cards instead of traditional bank loans," said Charles Tran, founder of the credit card comparison website, CreditDonkey.com.

Credit card issuers are offering big incentives to entice business owners to sign up.

CreditDonkey.com compared generous rewards, low interest rates, low fees and helpful benefits to determine the best business credit card for home business owners.

"Business credit cards are a competitive advantage for home businesses, when used intelligently. It's important to pick the right credit card for the specific needs of your home business," says Tran.

The experts at CreditDonkey.com recommend the following business credit cards, depending on your home business needs:

• Cash Back: Chase Ink Cash Business offers $250 cash back bonus after you spend $5,000 within 3 months. 5% cash back on the first $25,000 spent annually on office supply store purchases, cellular/landline phone service, and cable services. 2% cash back on the first $25,000 spent annually on gas and dining. 1% cash back on all other purchases with no limit to the amount you can earn. All with a $0 annual fee.

"Earning cash back helps your bottom line. Business credit cards aren't just for charging needless expenses. The perks of cash back business credit cards allow you to reinvest into your growing business," says Tran.

• Travel Rewards: American Express Business Platinum offers up to $200 airline fee credit to cover incidentals with the airline of your choice. 20% travel bonus when redeeming with Membership Rewards Pay with Points. Complimentary airport club access, including American Airlines Admirals Club lounges. Concierge service to assist with your business needs from gift giving to dinner reservations. Business Platinum Car Rental program with complimentary enrollment in the Hertz #1 Gold Club, Avis Preferred, and Emerald Club from National Car Rental. There is a $450 annual fee.

"Traveling to conferences or meeting clients are well worth the investment. Using business travel credit cards allows business owners to minimize travel expenses while still enjoying the benefits of traveling in comfort," says Tran.

• Cash Flow Management: American Express Plum card offers a 1.5% discount when paid in full within 10 days. Otherwise, pay as little as 10% and take up to 2 months to pay off the balance, interest free. $0 introductory annual fee for the first year, then $185.

"Volatile cash flow, seasonal trends and slow months are problems all home business owners face. Cover expenses with a business credit card until your customers pay," says Tran.

Home business owners can visit CreditDonkey.com for free comparisons of business credit cards. CreditDonkey.com publishes credit card deals, tips and reviews to help entrepreneurs make informed credit decisions. They can search, compare and apply online, finding the best credit cards for their business needs.

Media Contact:

Charles Tran
charles(at)creditdonkey(dot)com

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