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SMALL BUSINESS : Information to pick the best Small Business Credit CardFinding the best small business credit card means doing a little information research. For entrepreneurs seeking a small business credit card, the shopping list includes more than just APRs and airline miles (not that both aren't important). Best Small Business Credit Card Question 1: Will it work when and where you need it? One reason to have a credit card is to deal with emergencies and large business transactions especially when you can't or don't want to use cash. When you reach for it you need results, not more problems. Talk to other small businees people who have the card. Try to find people who will be using it in similar circumstances to yours ( trips abroad, sporadic large business orders, frequent charge backs,etc. ) What, if any, glitches have they experienced? Did the company correct and learn from its mistakes? Best Small Business Credit Card Question 2: Does the card have rewards, and are they good? For consumers, travel miles conjure visions of lux vacations with sand, sun and umbrella drinks. For small businesses, it means visiting clients, scheduling buying trips and attracting new revenue without breaking the bank. If your small business is all local, consider a business card that gives generous points or cash back instead of a card with airline miles. Then, regardless of which type of card you're considering, calculate how much you plan to put on the card every month.Figure out how many miles or points will that buy? What kind of restrictions does the card levy? Do they expire or can you keep saving them? Then, if you opt for airline rewards, price out the cost of tickets to and from a frequent destination, just to see how the math works in real life. Can you get tickets for flights when you want to travel? Or do you seem confined to inconvenient days and times? One point to remember : Cards can change miles plans at will. Or even cancel them. So what you sign up for today might not be what you have tomorrow.. Best Small Business Credit Card Question 3: Are there business-related services and perks? Small business cards offer perks. And sometimes those products, services or discounts can equal extra time or money for your business. Some popular ones: travel or concierge services. If you're a small business and don't have a lot of personnel, some of these services can almost be a way of getting an extra pair of hands without having to pay a salary or insurance. When you talk to the card company, drill down to find out exactly what the services will do for you. Are there limitations? What criteria, if any, do you have to meet? What would it cost you, in time or money, to do the same thing on your own? What, if anything, are you sacrificing to get the services? Best Small Business Credit Card Question 4: Will it show up on the personal credit report? If you charge a lot for your small business, even if you pay it off in full, that practice could have a negative impact on your personal credit score. Or, if you have a large credit line for business and hardly touch it, that could actually help your personal credit. Either way, this is something you want to know going in and not leave to chance. Talk to the card issuer. Also, examine the application process. Is the issuer only reviewing your personal credit history and FICO score, or is it also looking at your business credit (with something like a Paydex score) and your business's credit history? Best Small Business Credit Card Question 5: How long is the grace period? A credit card can act as a no- or low-interest loan. And the longer the grace period, the longer you get to keep the interest rate on that loan at zero. After the grace period, you owe for your balance plus interest. Call the issuer. Be very specific. 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