DVD business

OPEN credit cards, like other American Express business credit cards, allow you to earn Amex rewards points with every purchase. In general, you earn 1 point for every dollar spent. In general, a point is worth between 1/2 to 1% of purchases, depending if you want to redeem your rewards for cash 1/2% valu or retail gift certificates and travel rewards (1%). Now let's assume your small business spends $10,000 a month. You will earn $100 in rewards from American Express. Plus, if you place that $10,000 into a high yield savings account with an interest rate of 4% or higher, you will earn over $30 a month in interest. Thus, the net earnings you will accrue by using an American Express small business credit card can easily equal $130 a month on $10,000 spending. Over the course of a year, that can add up to over . Small business credit cards with rewards provide similar profit opportunities, and fantastic short term profit opportunities, as many offer 0% interest rates for up to 6 months on purchases. For example, if you spend $10,000 the first month you have a 0% small business card, you can earn $100 in rewards, plus a very nice $200 in interest over the course of the introductory offer. When the 0% expires, you simply pay your bill in full and avoid all interest charges. You'll find your business $300 richer. Once the 0% APR expires on a small business credit card, you will have a "grace period" of around 25 days to pay off your new purchases before interest is charged. Thus, you simply treat your credit card like a charge card, and pay your balance in full each month, allowing you to earn rewards points on every purchase you make while earning interest on the money you already spent.