More context:
- very small team (- mostly used for online services (e.g., servers, SaaS, api ...)
- rarely travel
- in San Francisco
Ask HN: What credit card does your US startup use?
1–10 of 111 posts
Re: Ask HN: What credit card does your US startup use?
#2Amex
Re: Ask HN: What credit card does your US startup use?
#3If you use a VISA check card from your bank you can easily monitor all expenses through your company bank account. I found this helpful for my startup, but as you get bigger and spend more money you'll probably want to look at cards that give you extras (cash back, etc...).
Re: Ask HN: What credit card does your US startup use?
#4If you use a VISA check card from your bank you can easily monitor all expenses through your company bank account. I found this helpful for my startup, but as you get bigger and spend more money you'll probably want to look at cards that give you extras (cash back, etc...).
Good advice! Single source to keep track of expenses :)
Re: Ask HN: What credit card does your US startup use?
#5American Express Plum card used to have one of the best bonuses for quick repayment. It originally was 2% with no cap, if you paid it within 10 days. Or you could pay your minimum and defer the payment a month with no penalty. I think it is 1.5% now, which is still pretty good considering there's no cap.
I got it when I was doing a lot of affiliate marketing (no rebills, I swear), which is sort of like being a founder, and spending $xx,xxx a month on traffic. Getting 2% of that back was actually pretty sweet, considering my margins were 15-20% in general.
Re: Ask HN: What credit card does your US startup use?
#6My advice would be to make sure you have more than 1 card. There will be a fraudulent purchase at some point leading to a card re-issue. You don't want to be dead in the water for a few days while that happens!
Re: Ask HN: What credit card does your US startup use?
#7Not card advice but operational advice:
From being at startups where people tend to move fast and often move on, tell your staff that they can use the services they need BUT you will only reimburse them for 3 months. After that, it must be on the corp card.
I've seen too many times where AWS, Mailchimp, etc, etc are on someone's personal card and once they leave, everything blows up after a couple months. It's even worse if they left under bad terms.
Give them some flexibility but make sure it comes to a single point of control.
Re: Ask HN: What credit card does your US startup use?
#8I have some very important advice for startups that is tangentially related. Make sure that your AWS account is not on someone's retail account. They can never, ever be separated. Your order history is not deletable and AWS resources, data, etc. cannot be transferred between accounts. Additionally, the root account is required for many activities.
Re: Ask HN: What credit card does your US startup use?
#9We have a Chase Ink card, it was fairly easy to get and we have a limit over $10,000 so we can use it for all of our expenses.
Re: Ask HN: What credit card does your US startup use?
#10Amex Gold and Chase Business Preferred are great for anyone spending a lot on online marketing as you can pick advertising as your category and get 3X points on all of that spend.