The entrepreneurial world can be an exciting and eye-opening experience with many rewards and challenges. Most business owners learn quick the truth about capital, cashflow and lending after their businesses are up and running. Loans can be difficult to obtain in the first two years of operations because of short lending history, credit or not enough collateral equity. One way to help circumvent difficulties is to apply for alternative financing options. Small business credit cards offer numerous advantages but the most important one is the ability to build a trusted financial reputation.
The National Bank of Arizona® AmaZing Visa® credit cards have different benefits such as cash back and rewards points for business related purchases.
Here are five ways to get the most out of this business credit card:
1. Streamline Spending and Stay Organized
The NB|AZ AmaZing business credit cards can help maintain organized finances by providing expense tracking and quarterly reporting. In addition, you will have access to transaction data on-demand and annual spending reports at year-end. This report can often be uploaded directly into your accounting software and help compare receipts to credit card transactions.
2. Leverage the Six-Months 0% Intro Annual Percentage Rate (APR)
One action that small business owners take to cover emergencies is to use business credit cards with a 0% interest promotion. These “short-term loans” may help infuse businesses with much-needed cash flow without having to pay interest during the intro APR period.
3. Make Employees Authorized Users
A smart way to maximize rewards is by adding employees as authorized users on the account for business-related purchases. Taking this small step will also streamline the accounting process without having to go through the reimbursement process.
4. Get Cash Back on Office Bills
Monthly business expenses are essential for a business to function properly but there are no incentives involved for paying them. Why not earn money and be on time with automated payments by using a business credit card? Earn 1%, 2% or even 3% cash back with the AmaZing Cash Back business credit card. Pay cellular, internet, cable TV services and office supplies with the AmaZing business credit card and receive 3% cash back, 2% for booking airline tickets or vehicles and 1% on everything else, including superstores, warehouse clubs, supermarkets, and drugstores1.
5. Don't forget your $1,000 Bonus Offer
Get the most out of your AmaZing Credit card with a limited time bonus offer. Open an AmaZing Business Credit Card today and earn $1,000 cash back, or 100,000 points when you spend $7,500 in the first 90 days2.
Find more details on this offer, and the benefits of our AmaZing Business Cards here.
Business credit cards can be an excellent tool for keeping business finances organized and streamlined—especially when adding employees as authorized users. Follow these five steps to maximize rewards on your spending.
Contact a banker to talk about the current promotion and the additional benefits available with the cards.
(*) Credit Cards are subject to credit approval. Certain terms, conditions and restrictions apply. Offer available to new business credit cards only.
(1) AmaZing Cash Back for Business Cardholder will earn cash back on all net purchases. 3% cash back is earned on office supplies, wireless telephone services, computer network services, and telecommunications services and equipment. 2% cash back is earned on airlines and car rentals when the purchase is made directly with the airline or car rental company. 1% cash back is earned on all other purchases. 3% and 2% cash back apply to the first $150,000 in combined purchases per calendar year, then 1% cash back applies thereafter. Cash back is not earned on transactional items such as cash advances, balance transfers, returned merchandise, etc. Must have at least $25 earned cash back in order to redeem. Account must be in good standing. See the AmaZing Cash Back for Business Program Terms and Conditions for full details.
(2 Welcome Bonus Cash or Rewards Points- Must spend $7,500 within the first 90 days of account opening to earn $1,000 cash bonus or 100,000 rewards points bonus. Bonus cash offer applies to new AmaZing Cash for Business and AmaZing Rate for Business Credit Cards. Bonus rewards points offer applies to new AmaZing Rewards for Business Credit Cards. Bonus subject to credit approval. One bonus payment is allowed per business, not per account or per card. Bonus not available to clients with an open business credit card relationship within the previous 12 months, or to clients who have received an introductory promotional bonus within the previous 48 months. Transactional items such as cash advances, balance transfers, returned merchandise, etc. do not qualify toward $7,500 spend amount. Bonuses will be awarded within 4 to 6 weeks from the end of the 90-day promotion. Bonus cash for AmaZing Cash for Business cardholders and bonus rewards points for AmaZing Rewards for Business cardholders will be added to your cash back or rewards points balance. Bonus cash for AmaZing Rate for Business cardholders will be applied as a statement credit. Certain terms, conditions and restrictions apply.