Why You NEED A Business Credit Card in 2024

[@Lifeissorich.]

Currently the US Bank Altitude Business Connect is my favorite card until I hit the sign-up bonus 😂

[@clownworldresidentii5184]

My guess is that the knife is a Chris Reeves Small Inkosi with titanium and wood scales. Thanks for coming to my TED Talk

[@jefferyking5368]

Thinking about the Plum Card for real estate 🤔

[@JazzyMarineVet]

I like the plum just for the cute color🥰😍😘

[@jefferyking5368]

@@JazzyMarineVet 😂

[@technospaz12]

💼 because you told me to lol. A few years ago I email you about credit cards and you suggested to get the ink buisness cash. Best card in my setup

[@piskooooo]

💼 I love the BBP!!! It's a shame they ruined the Business Gold. I used to use it for buying USPS shipping labels (I sell & ship about 100 items a week so that used to be 4% on $600ish weekly). That alone covered the old annual fee. Now it's just a shitty credit for like FedEx or something and a way higher AF. Cancelled as soon as I saw it announced. Probably going to switch to Chase because of that as you can get 3% back on shipping labels with the Ink Preferred, and the AF is only $95.

[@couz96797]

Wyndham hotel business card is the most underrated.

[@kimgrod]

Why is that? Sre these points transferable?

[@kevinmaxliu]

are there any downsides to cancelling business credit cards at all? (I know it doesn't impact personal credit scores, but wonder if there's anything else to watch out for)

[@_iErik]

It’s considered a bit more expected/common for businesses to open and cancel cards more often than individuals. That said, your business does have a credit profile just like your personal. So banks will see your history of opening and closing cards.

[@jessiesims3450]

Amex Blue Business Cash

[@RITPA]

If Capital One business reports utilization, does it count against 5/24? 💼

[@Alvin_1914]

I'll return later to watch in full squuuuuuuuuuad

[@theyhateme2601]

Do you know if Line Of Credit counts toward 5/24, or only credit cards?

[@ranktank45]

Only credit cards. Lines of credit code as installment loans. At least Amex’s does.

[@AskSebbyBusiness]

No, only credit cards.

[@mcr754]

tyvm sebby.....my fave biz card is the ink biz preferred. i have 2 of them. we put about 25k each month in advertising. i would like to like the C1 Biz VX more, but it seems like a bit of a hybrid card between a personal and biz card, the way it still reports some things.

[@Love2Cruise]

We can have 2 IBP? Currently have one, and was wondering why Chase is still sending mailers peddling the IBP.

[@mcr754]

@@Love2Cruise since i have two, it would seem so. also got the sub on the second biz ink preferred, too.

[@John-Jay-Allen]

💼 Excellent way you explained it vs using personal credit Cards!

[@Boxerexp]

💼 I do my business setups a bit different. I do prefer cash back (currently BCP my favorite). I do have a question though, can you run though how personal and business credit is different? same pie chart as personal goes for business?

[@Love2Cruise]

Good thing Chase doesn’t report utilization. I’ve been putting the “no preset spending limit” feature to use lately. LOL!

[@jefferyking5368]

I don’t think so

[@BradXiao-uo2jq]

Repost?

[@AskSebbyBusiness]

I don't think I've ever reposted anything. LOTS of similar ideas / videos though over 7 years. Especially since main channel has like 1,000+ videos.

[@JazzyMarineVet]

@@AskSebbyBusiness Some people...

[@soapa4279]

Utilization is such a weird thing. Here's a $30K limit, but if you use more than $3,000 your credit takes a hit.

[@AskSebbyBusiness]

I think the easiest parallel for me is alcohol. Here is a big bottle of whisky. Use a bit? Responsible! Finish off half the bottle? Red flag.

[@JazzyMarineVet]

@@AskSebbyBusiness If you are in a high cost business like retail, you have a large outlay ..say $15K for a shipment of gear, which isnt really alot actually for products. It may take 60-90 to turn over the products, pay it and order more. But I can see if you are constantly stacking the card with purchases and arent paying often.

[@soapa4279]

@@AskSebbyBusiness Good analogy, because 50% credit utilization you’ll need a half a bottle of whiskey to hide the pain 😂

[@JazzyMarineVet]

👜👛Sorry Sebby- that briefcase emoji isnt as cute at these🎒. PLUS :-( I didnt know you could go to pop up ⛓jail 🚨👮‍♀for business. I applied for Blue Business card last night and got pop up jail. I thought wtf? I have the schwab plat/green and gold. This would have been my first business card. ⛓👮‍♀🚨 But I did get the green w/50K SUB in April....maybe thats why

[@donnabuckner2689]

💼

[@evangibson8020]

Ink Cash Crew

[@SB0458]

You don’t need a business card. Have plan from the beginning, but before have some money for emergencies . Stick to the plan for at least 2-3 years. Pay taxes and don’t go into debt. Keep saving for emergencies and you should be good if and only if you are green every month. Good luck

[@gotja]

In the black*

[@thedesigner388]

you do need business cards if you have a business

[@cellsvelocity3254]

💼 heart please 🙏