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5 Reasons You Should Balance Transfer to Business Credit Cards

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Balance Transfer to Business Credit Cards

Do you have personal credit card debt acquired from business related expenses?

Do you have business debts reporting on your personal credit? balance transfer to business credit cards

If you’ve been using personal credit cards for business expenses, you should balance transfer any outstanding debt to a new business credit card account.  Most importantly, the new business credit card account should only report to the business credit reporting agencies.

We’ll discuss how to get business credit reporting cards later on in this post.

When you transfer the balance from a personal credit card to a business credit card that reports only to the business credit reporting agencies it comes with many benefits. The process itself is easy, but you must make sure the new business credit card is only a business reporting card.

In today’s post we’ll cover 5 major benefits when you do a balance transfer to business credit cards.
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Why the Balance Transfer for 0% APR Strategy is so Powerful

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Balance Transfer for 0% APR

Are you carrying a balance on a high interest credit card? balance transfer for 0 apr

Do you have personal credit card debt from business purchases?

Did you know you can get a balance transfer for 0% APR for a year or more?

In today’s post we are going to show you how the balance strategy at 0% APR is one of the most powerful tools available to cardholders like yourself. The process itself is usually done in order to save on interest payments every month.

You may have heard me mention the balance transfer strategy when it comes to converting credit cards into cash at 0%. Be sure to check out the cash from credit cards post for details if you plan to pull cash from personal or business credit cards for your business or real estate investing.
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How to Convert Credit Cards into Cash at 0% APR

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Convert Credit Cards Into Cash

Do you need cash for your business or real estate investing?

Did you know you can convert credit cards into cash without paying any interest for 12 months or more? convert credit cards into cash

If you want to know how to turn personal and/or business credit cards into cash at 0% APR than keep on reading this post. You’re going to discover that getting cash from credit cards is by far one of the cheapest sources of money you can find, period.

As you know most personal and business credit cards allow cardholders to withdraw cash against the credit limit in a transaction known as the cash advance. You’re basically borrowing cash from your credit card.

When you use your credit card for a cash advance, you repay the money just like you would when you make a purchase on your credit card. The difference is the interest rate you pay on the cash advance is much higher than the purchase APR: typically, around 24% annual interest or more. Ouch!
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