Day: October 19, 2020

Get Business Credit Cards for 0% APR in a Recession

Yes, you can really get business credit cards for 0% APR in a recession! As our economy continues to change, it is still possible to get these cards.

Get Epic 0% APR Business Credit Cards in a Recession

Do you know how to get 0% APR Business Credit Cards in a recession? We break down the many choices out there to show you the best corporate credit cards with 0% APR.

Per the SBA, corporate credit card limits are often 10 – 100 times that of personal cards! This means you can get a lot more cash with business credit. 

And this also means you can have personal credit cards at retail stores, and now have a second card at the same shops for your company. And you will not need collateral, cash flow, or financials to get small business credit.

0% APR Business Credit Cards in a Recession: Benefits

Features vary, so make certain to pick the perk you prefer from this selection of possibilities.

Dependable Credit Cards for Fair to Poor Credit, Not Calling for a Personal Guarantee

Brex Card for Startups

Check out the Brex Card for Startups. It has no yearly charge.

You will not need to supply your Social Security number to use. And you will not need to supply a personal warranty. They will take your EIN. Nevertheless, they do not accept every industry. Additionally, there are some industries they will not work with, and others where they want added paperwork. For a list, go here: https://brex.com/legal/prohibited_activities/.

To determine creditworthiness, Brex checks a business’s cash balance, spending patterns, and investors.

You can get 7x points on rideshare. Get 4x on Brex Travel. Also, get triple points on dining establishments. And get double points on recurring software payments. Get 1x points on everything else.

You can have poor credit scores (even a 300 FICO) to qualify.

Find it here: https://brex.com/lp/startups-higher-limits/ 

Secure Company Credit Cards for Fair Credit Scores

Capital One® Spark® Classic for Business

Check out the Capital One® Spark® Classic for Business. It has no annual fee. There is no introductory APR offer. The regular APR is a variable 24.49%. You can get unlimited 1% cash back on every purchase for your company, without any minimum to redeem.

While this card is within reach if you have average credit scores, beware of the APR. But if you can pay on time, and in full, then it’s a bargain.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/

Business Credit Cards for 0% APR in a Recession Credit Suite

Check out how our reliable process will help your business get the best business credit cards, even during a recession.

Business Credit Cards for 0% APR in a Recession – Pay a Zero Introductory Rate!

Blue Business® Plus Credit Card from American Express

Take a look at the Blue Business® Plus Credit Card from American Express. It has no annual fee. There is a 0% introductory APR for the first 12 months. After that, the APR is a variable 14.74 – 20.74%.

Get double Membership Rewards® points on day to day business purchases like office supplies or client suppers for the first $50,000 spent annually. Get 1 point per dollar afterwards.

You will need good to outstanding credit scores to qualify.

Find it here: https://creditcard.americanexpress.com/d/bluebusinessplus-credit-card/

American Express® Blue Business Cash Card

Also have a look at the American Express® Blue Business Cash Card. Keep in mind: the American Express® Blue Business Cash Card is identical to the Blue Business® Plus Credit Card from American Express. However its rewards are in cash rather than points.

Business Credit Cards for 0% APR in a Recession Credit Suite

Get 2% cash back on all qualified purchases on up to $50,000 per calendar year. After that get 1%.

It has no annual fee. There is a 0% introductory APR for the first year. After that, the APR is a variable 14.74 – 20.74%.

You will need great to outstanding credit scores to qualify.

Find it here: https://creditcard.americanexpress.com/d/business-bluecash-credit-card/

Alternatives to Business Credit Cards for 0% APR in a Recession: Outstanding Business Credit Cards with No Annual Fee

No Annual Fee/Flat Rate Cash Back

Ink Business Unlimited℠ Credit Card

Have a look at the Ink Business Unlimited℠ Credit Card. Beyond no yearly fee, get an introductory 0% APR for the first twelve months. After that, the APR is a variable 14.74 – 20.74%.

You can get unlimited 1.5% Cash Back rewards on every purchase made for your company. And get $500 bonus cash back after spending $3,000 in the first 3 months from account opening. You can redeem your rewards for cash back, gift cards, travel and more using Chase Ultimate Rewards®. You will need excellent credit to receive this card.

Find it here: https://creditcards.chase.com/business-credit-cards/ink/unlimited

Irresistible Cards for Jackpot Rewards That Never Expire

Capital One® Spark® Cash Select for Business

Take a look at the Capital One® Spark® Cash Select for Business. It has no yearly fee. You can get 1.5% cash back on every purchase. There is no limit on the cash back you can get. Also get a one-time $200 cash bonus when you spend $3,000 on purchases in the initial 3 months. Rewards never expire.

Pay a 0% introductory APR for 9 months. Then pay 14.49% – 22.49% variable APR afterwards.

You will need great to exceptional credit to qualify.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-cash-select/

Flexible Financing Credit Cards – Take A Look at Your Alternatives!

The Plum Card® from American Express

Have a look at the Plum Card® from American Express. It has an initial annual fee of $0 for the first year. Afterwards, pay $250 each year.

Get a 1.5% early pay discount cash back bonus when you pay within 10 days. You can take up to 60 days to pay without interest when you pay the minimum due by the payment due date.

You will need good to outstanding credit to qualify.

Find it here: https://creditcard.americanexpress.com/d/the-plum-card-business-charge-card/ 

Alternatives to Business Credit Cards for 0% APR in a Recession: Irresistible Cards for Jackpot Rewards That Never Expire

Capital One® Spark® Cash Select for Business

For a great example of 0% APR business credit cards in a recession, have a look at the Capital One® Spark® Cash Select for Business. It has no yearly cost. You can get 1.5% cash back on every purchase. There is no limitation on the cash back you can earn. And get a one-time $200 cash bonus when you spend $3,000 on purchases in the first three months. Rewards never run out.

Pay a 0% introductory APR for 9 months. Then pay 14.49% – 22.49% variable APR after that.

You will need good to excellent credit to qualify.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-cash-select/

Business Credit Cards for 0% APR in a Recession Credit Suite

Check out how our reliable process will help your business get the best business credit cards, even during a recession.

Alternatives to Business Credit Cards for 0% APR in a Recession: Company Credit Cards for Extravagant Travel Points

Flat-rate Travel Rewards

Capital One® Spark® Miles for Business

Have a look at the Capital One® Spark® Miles for Business. It has an introductory annual cost of $0 for the first year, which then rises to $95. The regular APR is 18.49%, variable due to the prime rate. There is no introductory annual percentage rate. Pay no transfer fees. Late fees go up to $39.

This card is excellent for travel if your expenditures don’t come under standard bonus categories. You can get unlimited double miles on all purchases, with no restrictions. Get 5x miles on rental cars and hotels if you book with Capital One Travel.

Get an introductory benefit of 50,000 miles. That’s the same as $500 in travel. But you only get it if you spend $4,500 in the first 3 months from account opening. There is no foreign transaction fee. You will need a great to superb FICO rating to qualify.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-miles/ 

Bonus Travel Categories with Sign-Up Offer

Ink Business Preferred℠ Credit Card

For a wonderful sign-up deal and bonus categories, look into the Ink Business Preferred℠ Credit Card. 

Pay an annual cost of $95. Regular APR is 17.49 – 22.49%, variable. There is no introductory APR offer.

Get 100,000 bonus points after spending $15,000 in the initial 3 months after account opening. This works out to $1,250 towards travel rewards if you redeem using Chase Ultimate Rewards.

Get three points per dollar of the first $150,000 you spend with this card. So this is for purchases on travel, shipping, internet, cable, and phone services. Plus it includes advertising purchases made with social media sites and also search engines each account anniversary year.

You can get 25% more in travel redemption when you redeem for travel via Chase Ultimate Rewards. So you will need a good to superb FICO score to qualify.

Find it here: https://creditcards.chase.com/business-credit-cards/ink/business-preferred 

No Yearly Fee

Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

For a great example of 0% APR business credit cards in a recession, take a look at this card from Bank of America. It has no annual fee and a 0% introductory APR for purchases during the first 9 billing cycles. Afterwards, its regular APR is 13.74 – 23.74% variable.

You can earn 30,000 bonus points when you make at the very least $3,000 in net purchases. So this is within 90 days of your account opening. You can redeem these points for a $300 statement credit towards travel purchases.

Get unlimited 1.5 points for every $1 you spend on all purchases, everywhere, every time. And this is no matter how much you spend.

Likewise earn 3 points per every dollar spent when you book your travel (car, hotel, airline) through the Bank of America® Travel Center. There is no limit to the number of points you can earn and points do not expire.

So you will need outstanding credit scores to get this one (as in, 700s or better).

Find it here: https://www.bankofamerica.com/smallbusiness/credit-cards/products/travel-rewards-business-credit-card/

Hotel Credit Card

Marriott Bonvoy Business™ American Express® Card

Check out the Marriott Bonvoy Business™ Card from American Express. It has a yearly fee of $125. There is no introductory APR offer. The regular APR is a variable 17.24 – 26.24%. you will need good to superb credit scores to get this card.

Points

You can get 75,000 Marriott Bonvoy points after using your card to make purchases of $3,000 in the first 3 months. Get 6x the points for eligible purchases at participating Marriott Bonvoy hotels. You can get 4x the points at US restaurants and gasoline stations. And you can get 4x the points on wireless telephone services bought directly from US service providers and on US purchases for shipping.

Get double points on all other eligible purchases.

Rewards

And also, you get a free night each year after your card anniversary. And you can make an additional free night after you spend $60,000 on your card in a calendar year.

You get free of charge Marriott Bonvoy Silver Elite status with your Card. And also, spend $35,000 on qualified purchases in a calendar year and also make an upgrade to Marriott Bonvoy Gold Elite status through completion of the next calendar year.

And also, each calendar year you can get credit for 15 nights towards the next level of Marriott Bonvoy Elite status.

Find it here: https://creditcard.americanexpress.com/d/bonvoy-business/ 

Your Best Business Credit Cards for 0% APR in a Recession and More

Your absolute best 0% APR business credit cards in a recession will hinge upon your credit history and scores. Just you can determine which features you want and need, so make sure to do your research. And, as always, make certain to build business credit in the recommended order for the best, fastest benefits.

This is a strategy that can work for you and your business for years to come – no matter what the economy is doing. Get business credit cards for 0% APR in a recession – and afterwards.

Business Credit Cards for 0% APR in a Recession Credit Suite

Check out how our reliable process will help your business get the best business credit cards, even during a recession.

The post Get Business Credit Cards for 0% APR in a Recession appeared first on Credit Suite.

New comment by webpraktikos in "Ask HN: Freelancer? Seeking freelancer? (October 2020)"

SEEKING WORK | EUROPE | REMOTE | $20 USD/hour

Hi, web designer and developer available for hire.

· Typography-based design system with Figma

· Robust CSS with Tailwind CSS

· Straightforward JavaScript with Alpine.js or Stimulus

Here’s the rest of my “for hire” post on Reddit: https://www.reddit.com/r/forhire/comments/j6y9qi/for_hire_we…

Contact me at hi [at] webpraktikos [dot] com and I will respond in 12 hours. Happy to hear from you!

Country Branding as well as Place Marketing – V. Promotion, Sales, Public Relations, Marketing, as well as Advertising

V. Promotion, Sales, Public Relations, Marketing, and also Advertising If they are not to continue to be latent possibilities, benefits have actually to be interacted to possible clients. Interaction alone – the exchange of details – is not sufficient. Customers need to be affected as well as inspired to see a nation, purchase it, or … Continue reading Country Branding as well as Place Marketing – V. Promotion, Sales, Public Relations, Marketing, as well as Advertising

Rabbet (YC S17) Is Hiring Software Engineers in Austin or Remote

Article URL: https://apply.workable.com/rabbet/j/EA0C679685/

Comments URL: https://news.ycombinator.com/item?id=24817198

Points: 1

# Comments: 0

Jerry, Inc. (YC S17) Is Hiring a Senior Data Engineer in Toronto

Article URL: https://apply.workable.com/jerry/j/7E35586B83/

Comments URL: https://news.ycombinator.com/item?id=24821096

Points: 1

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Jerry, Inc. (YC S17) Is Hiring a Senior Data Engineer in Toronto

Article URL: https://apply.workable.com/jerry/j/7E35586B83/

Comments URL: https://news.ycombinator.com/item?id=24821096

Points: 1

# Comments: 0

The post Jerry, Inc. (YC S17) Is Hiring a Senior Data Engineer in Toronto appeared first on ROI Credit Builders.

Best Merchant Services

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

Merchant services exist to help businesses process credit card payments. You might know them by the name “credit card processors.” 

Regardless of what you call them, choosing the best merchant service isn’t easy. The “best” one is the one that is right for your specific business, and each of the following services offers particular features that may work for one company, but not for yours. 

That’s why, in this guide, I’m catering to each type of business and finding the right merchant service for your needs. 

The Top 6 Merchant Services:

  1. Square
  2. Flagship Merchant Services
  3. Helcim
  4. Payment Depot
  5. Fattmerchant
  6. Stripe 

How to Choose The Best Merchant Services For You 

Before we get into the best merchant services, we need to understand the criteria used to make these decisions. Keep all of the following factors in mind as you read through the reviews. 

Processing Rates/Monthly Fees

It’s all about the money, and credit card processing is not as simple as you think. You have to weigh the pros and cons with each gateway; otherwise, you can end up paying way more than you planned. 

We need to look at the processing rates first. To get a lower processing rate, you usually have to pay a higher monthly fee. If you’re processing payments at high volume, it’s worth it for you to pay the higher fee because your volume will make up for it. 

On the other side, if you’re not processing a lot of payments, having a higher transaction fee won’t hurt you as much as a high monthly fee would. 

Flat-rate processing is a simple solution for small businesses, but interchange pricing is generally more affordable. 

Services 

You want to look at what the payment processor offers in addition to credit card processing. Do they offer free POS systems, hardware, mobile payments, integrations, etc? Some merchant services even offer consulting, customer loyalty features, and invoicing tools. 

Sometimes the “extra benefits” you get from a merchant service provider can outweigh some of the negatives. 

The Type of Merchant Service Account 

There are two primary types of accounts, one is an aggregator (or middleman), and one is an ISO (or independent sales organization). Let’s compare the two and see why it’s important to understand the difference.

Aggregators 

These are middlemen working in between the business and the bank, offering an easy payment processing solution for businesses. Square is an example of this, and while they make it easier, they usually have higher fees and transaction costs. 

ISOs 

Payment Depot is an example of an ISO, and while they usually have a more strict acceptance policy, they offer lower rates and user-friendly software compared to a direct processor. 

Integration

One of the most important factors to consider is, “how will this integrate with my current systems”? 

Your payment processor should never get in the way or cause your conversion rates to decrease; it should complement your current process or even enhance it. Make sure you choose something that will easily integrate into your business without requiring too many changes or adjustments. 

The Different Types of Merchant Services

After much research and careful consideration, these are my top six merchant services for both in-person and online sales. 

#1. Square – The Best For Transparent Pricing/Fees

Pros:

  • No monthly fee
  • Transparent processing
  • Free card reader
  • Great added features

Cons:

  • No ACH payment processing
  • Higher fees than desired

Square is popular for its credit card processing and POS systems, but it offers much more. It hosts features such as the “Card on File” feature, allowing users to store customer card information that works great for repeat customers trying to accumulate loyalty points and rewards of that nature. 

The processor also doesn’t have a monthly fee, and while Square’s features might not be as advanced as some of the other payment processors we’re talking about, for a POS without a monthly fee, you can’t beat the value. 

The one thing that stands out most to me is the transaction costs and how they vary whether you’re doing business in person or online.

For in-person sales, expect to pay 2.6% and $0.10 per transaction. For online transactions, it’ll cost you 2.9% and $0.30 per transaction. There are other instances, such as:

  • Virtual terminal transactions
  • Card-on-file transactions
  • And card-not-present transactions

These will cost 3.5% and $0.15 per transaction. 

Based on these numbers, Square is not the most affordable flat-rate processor, but the transparency makes it easier for you to understand what the rates are and how they’ll impact your processing based on volume and price. 

#2. Flagship Merchant Services – The Best For Great Customer Service

Pros:

  • Dedicated account manager
  • Free account setup
  • Free card terminal (with fees)

Cons:

  • Confusing ownership
  • Little information regarding price

Flagship Merchant Services cut the tape in 2001 and was acquired by iPayment in 2012. Now, they primarily resell iPayment, so keep that in mind. 

This company was one of the first to offer free account setup without any application or fees and real month-to-month contracts. They operate tens of thousands of merchants, and they have a strong reputation. 

Since they’re not a direct processor, most of their merchant accounts are set up through iPayment. iPayment uses First Data as their processor, and it can get confusing trying to figure out who is processing what through what service.

For retailers, Flagship does offer a free credit card terminal, but you’re responsible for paying account fees and insurance on that terminal to keep it up and running. 

For ecommerce, they offer either Authorize.net for processing and integration of an online cart onto your site. 

One thing that was a little frustrating about Flagship is trying to find information on their rates. If you go to their website, you’ll see that you need to fill out a form to get any info about what they charge. 

I’d like to see more transparency, but you may end up with a more catered package deal with this strategy. 

My favorite feature is that you get a single line of contact with the company when you purchase a gateway; they act as account managers. If you ever have a problem, you contact that specific person, and this isn’t a feature I’ve ever seen with any other merchant service.

#3. Helcim – The Best For Small Business 

Pros:

  • Limited fees
  • Fees based on volume
  • Free online store software

Cons:

  • Limited integrations
  • $199 for the card reader

If you’re a small business owner, Helcim might appeal to you. With this service, you’re able to process credit and debit cards online and in person. You can also do some of the following: 

  • Set up recurring payments
  • Send invoices
  • Collect payments

With a Helcim card reader, you can accept all major cards, including Amex plus Google Pay, Apple Pay, and JCB. 

Helcim charges $20 per month with transaction fees based on volume. They don’t have any contracts or cancellation fees, and they’ll wave your monthly fee if you don’t process any payments. 

Overall, Helcim is affordable but much more for in-person payments than they are online. Here’s a quick breakdown of their pricing structure: 

  • Monthly Volume: $0 – $25,000
  • In-Person: 0.3% + 8 cents (+ interchange)
  • Online: 0.5% + 25 cents (+ interchange)
  • Monthly Volume: $25,001 – $50,000
  • In-Person: 0.25% + 7 cents (+ interchange)
  • Online: 0.45% + 20 cents (+ interchange)
  • Monthly Volume: $50,001 – $100,000
  • In-Person: 0.2% + 7 cents (+ interchange)
  • Online: 0.4% + 20 cents (+ interchange)
  • Monthly Volume: $100,001 – $250,000
  • In-Person: 0.18% + 6 cents (+ interchange)
  • Online: 0.35% + 15 cents (+ interchange) 

Helcim offers nice features for those of you looking to integrate this payment gateway into your online store. You can add a checkout to your site for invoicing and customer registration while also accepting recurring subscriptions. 

#4. Payment Depot – The Best For Established Businesses

Pros:

  • No contract processing
  • Competitive rates
  • Easy to integrate online

Cons:

  • Best for high-volume business
  • Application process

Payment Depot uses a membership pricing model, making it simpler to understand but can sometimes result in you paying higher fees. Thankfully, Payment Depot’s rates are pretty competitive, and they include interchange-plus pricing for both online, in-person, and mobile payments. 

This strategy actually makes Payment Depot one of the most affordable payment processors for established businesses that are doing a certain amount of volume. 

Payment Depot accepts all major cards and contactless Apple Pay and Google Pay as well. You get next-day funding and integration with POS systems as well as ecommerce platforms such as: 

  • Shopify
  • Revel
  • QuickBooks
  • PrestaShop
  • BigComemrce
  • WooCommerce

And more…

I don’t think this is one of the best merchant services for small businesses because of how they structure their pricing. The transaction fees go down as you pay a higher monthly fee, and they seemingly force you to increase your plan because of strict processing limits. 

Here’s a breakdown of their pricing: 

Basic Plan

  • Fee: $49
  • Transaction Fee: $0.15
  • Monthly Limit: $25,000

Popular Plan

  • Fee: $79
  • Transaction Fee: $0.10
  • Monthly Limit: $75,000

Premier

  • Fee: $99
  • Transaction Fee: $0.07
  • Monthly Limit: $150,000

Unlimited

  • Fee: $199
  • Transaction Fee: $0.05
  • Monthly Limit: Unlimited 

So, as you can see – if you’re doing high volume, it would make the most sense to upgrade to the most expensive plan for the lowest transaction fees. 

#5. Fattmerchant – Best For Subscription-Based Businesses

Pros:

  • Simple pricing
  • Omni software
  • A solid choice for subscription businesses

Cons:

  • Higher monthly fees
  • Transaction fees are relatively standard

Fattmerchant is set up a lot like many of the payment processors. As you increase your monthly fee, your transaction fees go down. They offer Omni, which is where you’ll do your invoicing, payments, and reporting. The service is incredibly user-friendly, great for beginners, and it comes included with your monthly fee. 

While Fattmerchant is a great choice for budget-conscious business owners, it’s also a great option for subscription-based businesses. If you’re selling monthly coaching packages, agency services, or counseling, you’ll benefit from Fattmerchant’s structure. 

The processor accepts all major cards, including ACH, invoicing, Text2Pay, and more. Same day funding is available, and you get a free iOS and Android POS app and Bluetooth card readers that you can use on the go. 

They have two pricing plans:

  • Fee: $99
  • Annual Limit: $500,000
  • Card-Present Fee: $0.08 + Interchange
  • Card-Not-Present: $0.15 + Interchange
  • ACH Transaction Fee: $0.25
  • Fee: $199
  • Annual Limit: $5,000,000
  • Card-Present Fee: $0.06 + Interchange
  • Card-Not-Present: $0.12 + Interchange
  • ACH Transaction Fee: $0.25

Fattmerchant has a higher monthly fee than some others, but the company says that is how they keep their transaction fees down. 

#6. Stripe – Best For Online Payment Processing 

Pros:

  • Allows you to grow
  • Reasonable pricing
  • Great solution for online businesses

Cons:

  • Complicated setup
  • May require developers

If your business runs entirely online, Stripe is your best choice. It’s made specifically for ecommerce and internet business, and tons of startups and Fortune 500 companies trust Stripe. 

The company offers sophisticated software and APIs that allow online store owners to customize their checkout experience. You can use the pre-built integrations to connect a Stripe checkout right away and then customize it as you go along. 

That’s one of the main reasons why I love Stripe; it’s a payment processor that grows with you and allows you to change it as your business needs change. 

With all of these features and moving parts comes complications. It’s not the easiest to set up, and if you plan on utilizing the many benefits of Stripe, you’ll likely need a developer to handle it for you. 

Stripe offers a “pay as you go” strategy without monthly fees and transparent transaction fees across the board. 

  • Online: 2.9% and $0.30
  • In-Person: 2.7% and $0.05
  • International: Add 1% per transaction
  • ACH Direct: 0.8% maxed at $5.00 per transaction
  • ACH Credit: $1.00 per transaction

You can use all major credit and debit cards plus ACH, WeChat Pay, Apple Pay, Google Pay, and much more. Expect to wait two business days for deposits or pay a one percent fee to get instant deposits. 

Stripe integrates with WordPress, Magento, Squarespace, 3DCart, Zoho, Big Cartel, and more. 

So, by this point, you should know which of these merchant services is right for you. They all have their pros and cons, and you should choose according to the type of business you own.

Square is an overall solid solution for all businesses, but the transaction fees are a bit high, and scalability is lacking. 

I’m also a big fan of Helcim because they allow you to grow with your processor by increasing the monthly payment as your volume needs increase. 

Regardless of which choice you make, keep the important factors in mind and choose carefully, so you don’t regret your decision down the road. 

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