No matter what the size of your company, opening a business credit card can be a great way to build credit, easily monitor spending, and gain immediate access to much-needed cash. If you’ve already taken these steps, you’re well aware of these benefits, but if your card doesn’t fully support your needs, consider trading it in for one that does.

4 Reasons to Open a New Business Credit Card

Having a business credit card should make your life easier, but if yours just makes things more complicated, it’s time to make a change. If any of these four issues sound familiar, you don’t have to — and shouldn’t — take it anymore.

Minimal Credit Limit.

If you never seem to have any extra room on your card at the end of the month — and the issuer won’t raise your limit — you need a new card that better suits your needs. Plus, constantly using all your available credit can lower your business credit score, even if you pay the bill in entirety each month.

High-Interest Rates.

Sky-high interest rates can make it very challenging to keep up with your monthly payments. If your variable rate credit card has above average rates, shop around for a better option that will effectively lower your monthly payment. Some cards even offer 0% APR for the first 12 months, potentially allowing you to pay your debt off without incurring any interest charges.

Lack of Rewards Points.

Rewards cards allow to you rack up points that can be used to help your business save money on things like hotels, airplane tickets, rental cars — or even receive cash back. If your card doesn’t offer rewards or if the incentives aren’t applicable to your company, switch to a card that’s better aligned with your needs.

Poor Customer Service.

With so many credit card issuers to choose from, you should expect to receive outstanding service every time you contact customer care. If you’ve repeatedly been treated poorly when calling customer service for assistance, take your business to a provider that truly appreciates you.

ECS was founded in 2000, and since then we have been building solid relationships with recruiters and clients throughout the United States. Our company manages staffing engagements in the primary employment categories of Information Technology, Accounting & Finance, Clerical & Administrative, and some categories of Engineering & Architecture. Contact us today to learn what we can do for your business!