If you need a high limit but don't have strong credit I'd recommend the Amex gold charge card. I was getting $3-5k limits on other cards but got a 50k limit straight away with this card. It had the 3x rewards on certain categories like online advertising mentioned above, but the balance must be paid in full monthly.
Ask HN: What credit card does your US startup use?
101–110 of 111 posts
Re: Ask HN: What credit card does your US startup use?
#102Earlier quoted context omitted.
Rather than a vendors@ email address for vendors, alias their old.employee@ address to someone else still with the company in a similar role (their replacement, if they have one). That way you won't miss sales queries, service notifications, or other stuff they used their email for. Update the accounts as necessary and it slows to a trickle quickly.
That's assuming they didn't use their personal email account, which is probably likely if they were using a personal credit card.
No, it isn't. And OP indicated "work email" and was advising use of vendor@ email.
Re: Ask HN: What credit card does your US startup use?
#103Earlier quoted context omitted.
How do you not have access to the departed employee's email account? I have never seen that as an actual issue.
If they used a personal credit card, maybe they used personal email as well? There are a lot of people at my work who use their personal gmail for everything.
Well, that's not smart. Employees should use company email addresses for company work.
OP stated "work email" and advised use of vendor@ email which is what I was objecting to. Everywhere I've been, using vendor@ emails has been a pain and employee emails a non-issue.
Re: Ask HN: What credit card does your US startup use?
#104Earlier quoted context omitted.
Uh, for the same reasons parent mentioned: if the guy owning the account leaves (or steps under a bus), you're screwed.
I have never seen that be an issue. Ever. Add: It seems to me an extremely remote possibility and trivially resolved.
No, it happens.
Re: Ask HN: What credit card does your US startup use?
#105Not for the US: http://holvi.com is great for Finnish, German and Austrian startups. You can get multiple cards, comes with bookkeeping built in and reimbursement functionality.
Re: Ask HN: What credit card does your US startup use?
#106Earlier 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.
This is where you need to have an account payable setup. Your finance team/person should be responsible for the invoice. If this is a tiny small startup, the CEO should be the one signing up.
Re: Ask HN: What credit card does your US startup use?
#107Earlier quoted context omitted.
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…
>I have yet to see anyone beat the 2% back other than bonus signons USAA is currently market testing a 2.5% CB card in some states - http://www.doctorofcredit.com/usaa-limitless-credit-card-rev... Personal, non-business card, military and family only.
thanks for the link! great site i'll have to chekc it out further.
http://www.doctorofcredit.com/usaa-limitless-credit-card-rev...
from that doctorofcredit.com URL:
"This card would be your best option for non-category spend (apart from the Discover it Miles, that offers 3% cash back for the first year). Obviously this is a loss leader for USAA, but they would be trying to make that money back on the checking account that requires the $1,000 direct deposit. Most other financial institutions have used bank account bonuses instead, but Fidelity also loses money on their 2% card but still come out ahead as cardholders have larger Fidelity deposits than non-cardholders. I suspect USAA will need to add some limits to this card to make it sustainable, but the limited membership might make this unnecessary."
Re: Ask HN: What credit card does your US startup use?
#108Earlier quoted context omitted.
>I have yet to see anyone beat the 2% back other than bonus signons USAA is currently market testing a 2.5% CB card in some states - http://www.doctorofcredit.com/usaa-limitless-credit-card-rev... Personal, non-business card, military and family only.
thanks for the link! great site i'll have to chekc it out further. http://www.doctorofcredit.com/usaa-limitless-credit-card-rev... from that doctorofcredit.com URL: "This card would be your best option for non-category spend (apart from the Discover it Miles, that offers 3% cash back for the first year). Obviously this is a loss leader for USAA, but they would be trying to make that money back on the checking account…
Doctor of Credit is the only worthwhile credit card/bank account/money saving blog to follow. The rest of them collect commission from referrals and it shows from their content, for example advertising a small sign up bonus for the AMEX Platinum when there was a much larger bonus available and pimping Chase cards hard. The doctor has a strict no referral policy to stay neutral and provide the best content.
The Limitless card is pretty much a market test at this point and not an established product.
Re: Ask HN: What credit card does your US startup use?
#109SVB
SVB is the worst! Go Capital One or AMEX
Curious: were you a direct SVB client? I can recommend them enough, I basically can't imagine a better banking experience unless someone made the tech side of it better. I have heard recently of a lot of folks on HN who are somewhat unhappy with SVB because they're clients through Atlas and those accounts are apparently a bit clunkier and less worked through. Is that the case?