Small Business Tips: This credit card supports your business

(NC)—Lenders compete to give you credit, so do step back and be selective.

A small business in particular, should aim for the maximum advantages in its choice of credit card—and examining the rewards of a loyalty program is a very good place to start.

On every purchase for example, make credit work for you and your company by the quickest accumulation of redeemable points for future merchandise and services. One of these is the newest credit card issued by Staples. This national retailer of office supplies is partnering with Citi Cards Canada to produce the much coveted, Citi Staples easyRewards Business MasterCard.

“There are nearly 1.3 million small businesses in Canada,” says Staples president, Steve Matyas, “and we are constantly looking at ways in which our store personnel can interact with local customers to understand varying needs.

“As a result, we're not offering a re-purposed consumer credit card,” he continued. “Instead, by making every purchase pay dividends, the benefit-structure of this card targets the needs of small business budgets with a unique set of focused rewards and features. A snapshot of the benefits is as follows:

• Reward points redeemable for: Staples merchandise or services; Sobeys supermarket purchases, Petro-Canada gift cards, or for WestJet air tickets;
•1% easyRewards on every dollar spent on your business;
• Double points on key business expenses including gas, car washes and convenience purchases at Petro-Canada;
• Triple rewards on all Staples purchases anywhere in Canada:
• No maximum on rewards earned; no minimum 'spend' requirement; rewards can be redeemed anytime.
• An extra 60-days to pay large ticket items;
• On-line expense management;
• Optional health and dental insurance

Cardholders also have access to www.businessownersgetit.com. This is an online resource for entrepreneurs, which includes the Tell Us Your Story section, where small business owners share their successes. This site gives you a forum for your questions in Ask an Expert, plus money-handling tips in Use Credit Wisely, and it offers exclusive access to merchandise sales.

Source: www.newscanada.com