The credit card proves to be a good companion for the self-employed, especially when traveling. Especially on business trips, especially abroad, credit cards facilitate payments enormously. It is practical, safe and accepted internationally as a means of payment. For many banks, it is difficult to issue a credit card for the self-employed and start-up founders. In comparison, we compare providers, a credit card can be used for personal and business purposes. pri-event.org has more notes
Credit cards for self-employed and entrepreneurs
There are no special credit and payment cards for self-employed persons and business start-ups, but rather those that are particularly suitable for this subject group. Here are some attractive options that include the Master or Visa card in the free account. In addition to free account management and the credit card, some of these accounts offer other benefits, such as interest on deposits.
At first glance, the credit card differs in the so-called assistance services, which are included as an “add-on” in the contract terms. For self-employed are special bonus systems as a credit card of interest. For example, freelance sales representatives, who travel a lot by car, in particular benefit from a card that grants a discount on the fuel bill.
However, there is a distinction between tickets with limited and unlimited discounts. Of course, it is crucial that the cardholder knows which airline he would like to fly with, as the airlines issue their own special tickets to the exhibitor. Usually employers supply certain groups of people in their business with a credit card.
They can be personalized with the credit card company. Of course, this also applies to the respective credit limit with which the company card is equipped. When designing and designing the card, there is absolute freedom for companies. Ultimately, it is a question of price for which individuality the respective product is chosen.
Credit cards for self-employed and entrepreneurs: 4.63 out of 5 possible points, with 30 ratings.
Credit card for self-employed
The following maps, in contrast, have reasonable alternatives for the self-employed. Many banks are only six months or a year later to apply for a loan application or issue a credit card to the self-employed. In any case, the bank is one of those who is very open to self-employment. Self-employed and freelancers have the advantage of being able to use their time and labor unhindered, but have to incur considerable losses and disadvantages in the financial sector.
If the employee of an establishment allows his credit card offers and other banking products to be approved almost without resistance, the self-employed person has to deal with difficulties. The self-employed can have a very low income in one calendar month and the same income in the following six weeks.
No employment contract and no guaranteed monthly income regulate the household budget, which is a reason for most credit institutions not to consider the self-employed with the usual banking products. As a freelancer or self-employed person, you first have to form a customer base, win contracts and gain a high profile through good services.
If goods have to be bought for the company, there are different ways to refinance the start-up capital. âIf you wish to take out a start-up loan, you have to meet certain requirements yourself, otherwise the loan will be forgiven. The credit card is useful for the self-employed to be more flexible in business life and to be able to respond quickly to offers.
It is important to convince the banks of the benefits of such a credit card.
But that’s not enough, because the repayment modalities for the capital employed should be as good as possible to handle. Self-employed can, for example, the offers of z. B. our company use, which are also available in the colors red and green. If you have been in business for a few years and are successful, that is, have a reasonable credit rating, you have a variety of options. While the two other providers are co-branded by local banks and financial institutions, the other two are being driven out by their own companies. At the same time, however, this ensures the competition among the providers.
Everyone wants to fight for the sympathy of the buyer and offer various benefits. However, credit card buyers should also pay attention to where they can use the credit card of the appropriate provider. For most users, these benefits are particularly important: special benefits for frequent users such as: Bonus programs, insurance etc. Depending on which issuer the credit card is for self employed, a focus can be set.
Cardholders who spend a lot of time abroad should choose a provider who will provide a suitable insurance policy for the card. Hotel chains also offer an advantage when using a credit card, airlines advertise with web miles or bonus miles, which are then converted into a discount.
You should not overlook the general fees
For all additional benefits, you should not overlook the general fees when choosing a self-employed credit card. For many cards, only the first year is free and in the second year an annual fee is charged. Also in the choice of the credit card “Rewards” plays an important role. After all, “Rewards” also plays an important role in the choice of credit card offers. 3. Certain guarantees and securities also ensure the security of the accounts of some self-employed firms.
Conclusion for the self-employed: Self-employed often have responsibilities that are expressed in many ways. For self-employed the credit card can be selected according to different billing types. If the self-employed is still a newcomer, most credit institutions are suspicious of his business success and thus his monthly income. This is where the prepaid credit card can help.