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Ask HN: What credit card does your US startup use?
31–40 of 111 posts
Re: Ask HN: What credit card does your US startup use?
#32Get a 2% cash back card. I think capital one has them. If you're running an ecommerce business for example with low margins but high spend (on google adwords or whatever), getting that 2% cash back really can be a huge boost to your profitability.
Re: Ask HN: What credit card does your US startup use?
#33If you pay your AWS bill with the Amazon Rewards Visa, the transaction is categorized under Amazon and you'll get 5% rewards (only redeemable on Amazon though)
> only redeemable on Amazon though The Chase card? You can redeem the points as statement credit.
I was unaware of that- thanks for the info. I should also add that 5% is only for Prime members. Without a Prime subscription, you will only recieve 3%
Re: Ask HN: What credit card does your US startup use?
#34Get a 2% cash back card. I think capital one has them. If you're running an ecommerce business for example with low margins but high spend (on google adwords or whatever), getting that 2% cash back really can be a huge boost to your profitability.
this 2%. nerdwallet for help. I have yet to see anyone beat the 2% back other than bonus signons - but those are 1 time and on a 2-3 year horizon go with 2%.
Fidelity has a 2% one as well that deposits cash into a fidelity investment account vs CapOne where you have to apply points to other transactions to utilize the full 2% back (and CapOne redemption only applies to certain Merchant Category Codes... FYI Timeshare/Rental in Orlando for a week is not redeemable by CapOne and is not the same MCC as a Hotel)
Re: Ask HN: What credit card does your US startup use?
#35Not 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 w…
I would say save the hassles and just stick to the corps credit card. I experienced the AWS under a personal credit card issue, but AWS was quick to resolve the issue with us anyway. Though it is needless to say, also make sure you have a vendor email address to manage vendors. We have had vendor account signed up using work email but after the person left the company, we lose the account control and have to ping acc…
But if you make them stick to the corp card that means everyone has the # and you lose control and insight. That's dangerous at any stage but even worse when you're early stage and every dollar feels like $20.
+1 to a vendors@ or similar email account.
Re: Ask HN: What credit card does your US startup use?
#36Chase Ink Business preferred is awesome - and it gives you 3x points on Internet Marketing spend (i.e. Adwords/FB):
"on advertising purchases made with social media sites and search engines each account anniversary year"
Re: Ask HN: What credit card does your US startup use?
#37We 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.
Ditto on this one. https://creditcards.chase.com/a1/olainkcash/th We have the no annual fee version (Business Cash rather than Business Preferred).
interestingly they list "Earn 2% cash back on the first $25,000 spent in combined purchases each account anniversary year*"
do you only get points once a year? 25k doesnt seem that high for 2% back limit especially for a business?
Re: Ask HN: What credit card does your US startup use?
#38Get a 2% cash back card. I think capital one has them. If you're running an ecommerce business for example with low margins but high spend (on google adwords or whatever), getting that 2% cash back really can be a huge boost to your profitability.
The other easily accessible 2% cash card is the Citi Double Cash.
Re: Ask HN: What credit card does your US startup use?
#39Chase Ink Business Cash gives 5% back on:
- office supply stores
- cellular phone, landline, internet, and cable TV services
Re: Ask HN: What credit card does your US startup use?
#40Earlier quoted context omitted.
I would say save the hassles and just stick to the corps credit card. I experienced the AWS under a personal credit card issue, but AWS was quick to resolve the issue with us anyway. Though it is needless to say, also make sure you have a vendor email address to manage vendors. We have had vendor account signed up using work email but after the person left the company, we lose the account control and have to ping acc…
But if you make them stick to the corp card that means everyone has the # and you lose control and insight. That's dangerous at any stage but even worse when you're early stage and every dollar feels like $20. +1 to a vendors@ or similar email account.
You can give everyone a separate card/number.