QUICK TIP: Are business credit cards better than consumer credit cards?

Tuesday, October 15, 2019
SAN FRANCISCO (KGO) -- How are you going to select your next credit card? Michael Finney, has a 7 On Your Side Quick Tip for you!

If you go online, you're going to find some great deals for business credit cards. Nearly anyone can apply for a business card and actually get it, but should you? You need to think about that, because they have different rules than consumer credit cards.
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For instance, they can raise the interest rate on a moment's notice. With a consumer card, they have to wait 45 days. You are guaranteed a grace period on a consumer card; with a business card, not at all.

So although you may get a good deal upfront -- extra bonus points and other perks -- over the long haul, a business card could end up costing you more.


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Take a look at more stories and videos by Michael Finney and 7 On Your Side.

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