Capital One was founded by Richard Fairbank and Nigel Morris in 1988. Capital One Financial Corp’s primary focus is on consumer cards, home loans, auto loans, banking, and savings products. Capital One was one of the first charge card mass marketers starting in the early 1990s. The Capital One Platinum Preferred business card is an excellent choice for any consumer.

Capital One is one of the strongest credit card companies on the market today. This card provider has many features that customers can take advantage of. The most enticing feature that the Capital One Platinum Preferred business credit card has to offer is its introductory rate. New cardholders will be happy to take advantage of 0% APR on purchases and balance transfers until 2010. That gives new customers one year without having to pay interest. This credit card is an excellent choice when transferring a balance from one card to another. Transfer your balance from antoher card If you are paying a high interest rate. Someone with a $10,000 balance being charged 18% will save $1800 by transfering their balance to the Capital One Business Platinum Preferred credit card. If you are planning on making a large purchase you will have the opportunity to pay it off in a year.

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Most of us carry an array of colourful credit cards in our wallets and purses – but wouldn’t it be so much better if someone else picked up the tab at the end of each month?!

A business credit card isn’t quite a financial free ride, but it’s a great resource to help your business run more smoothly and to regulate cash flow.

To begin with, business credit cards are very convenient and help you to monitor and track your spending. Your monthly statement becomes a ledger of all of your relevant business expenses, so you can see at a glance how much you’re spending each month – and where – to keep your business ticking along.

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In order to run a successful business, you need to attract the widest possible pool of potential customers. One way to open up your customer base significantly is to accept credit card payments as a method of payment, as this allows you to service customers in other cities, states and even countries.

With the advent of new technology, accepting credit card payments for your business no longer needs to be an expensive and arduous task.

If you run your business in an offline environment with a storefront and face-to-face customers, you may be able to arrange to accept credit card payments via your bank.

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If your business recently began accepting credit card payments, you may be wondering how long you need to keep the receipts for. There is plenty of confusion about this as many people believe that all business related documents need to stored for up to seven years – however, that’s not always the case.

When you’re running a business, it’s important that you have a strong record keeping system set up. Ideally, you want to be able to access relevant business documents – including accounting reports, bank statements and credit”>http://www.mbna.co.uk/business/index.html””>credit card transaction receipts – within a few minutes, so an organised filing system is vital.

The documents that you need to hold onto long-term will vary from business to business.

Some items need to be kept permanently: documents such as accounting ledgers, annual general reports and statutory records fall into this category.

On the other hand, other records and receipts – such as credit card receipts – can be discarded after an allocated periods.

The main reason you need to keep legible copies of credit card sales receipts for any period of time is so you can refer to them if any disputes with customers arise, or a credit card company approaches you regarding a chargeback.

Chargebacks occur when customers believe that they have been charged for something in error – such as if their card was used fraudulently, or they were double charged for an item that they only bought once.

In cases such as these, credit card companies will often cancel the charge and attempt to collect the amount back from you. If you can’t present your original credit card transaction receipt, you may have trouble settling the dispute with the credit card company.

For this reason, you should keep your credit card receipts on hand for at least 18 months to two years. There is no legal requirement for you to hold onto your credit card receipts for any length of time, but this gives you a buffer so you can to handle any disputes that may come up.

Once you are finished with any sensitive documents such as credit card receipts, you should shred the paperwork immediately.

From a financial point of view, it’s very important that you retain and store all of your business’ important documents and receipts in a safe and secure location. Failure to retain documents for the use of the Inland”>http://www.hmrc.gov.uk/businesses/index.shtml””>Inland Revenue can result in hefty fines of up to £3,000, so always err on the side of caution – and if in doubt, don’t throw it out.

About the Author:

Peter Carville is a freelance article writer who writes for Financial Facts about the current financial news and the credit crunch.

Whether you are a corporate employee that runs up expenses or a small business owner, you need to get yourself a business credit card. A business credit card is an absolute must for many of your business needs, the only problem is that there are so many of them out there, how are you possibly meant to choose?

When you’re opening an account in a bank for your company, the chances are that the bank will try and sell you a business credit card to go along with it. Whilst this may look like a good deal, don’t accept straight away, there are many other lenders out there and the chances are that one of them has a more suitable card for you. You should compare features and benefits of different companies in order to see for yourself the range that is available to you, as well as trying to fins which one will offer you the best deal.

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Running your business can take you nearly every minute of every day, especially if you are a small business. Keeping things going can be awfully time consuming and it is likely that in order to keep your business profitable you have to work very hard at all levels of the business.

Due to the amount of work you as the owner have to put in, it’s likely that you have very little free time as it is without having to run backwards and forwards to the many different companies offering credit. You can’t just drop everything whilst you spend all this time looking for credit, so what can you do?

Well, if it is time that you are short on then your best option is to go online and see what you can find out. This way involves all the information coming to you, not the other way around, and can all be done whilst you are at your desk either doing other important things or on a break.

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Choosing the right credit card is a decision that’s more important and difficult to make than most people think. With the right credit card, you’ll be able to maximize your card benefits without getting into debt.

Credit Card Types – Which One Suits You Best?

Low Interest Credit Card – If you’re interested in having a credit card only so you can pay for emergency expenses when you run out of cash, this is the best type of card for you.

Reward Credit Card – Every time you swipe your credit card, you get to enjoy an equivalent number of points depending on how much you’ve spent. The points you’ve accumulated can later be on exchanged for various prizes.

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As you start a business, you’ll be paying out money left and right for various fees and supplies needed to get things going. If you’re expanding your business, you’ll most likely be in the same situation. One of the best ways to handle expenses for your business, whether they are start up costs or ongoing incidentals that occur, is to obtain a business credit card. With a business credit card, you’ll have an organized reporting of expenses in addition to a quick and easy way to pay for your purchases.

Choosing the best business credit card takes a little more research than finding one for your personal use, but the time spent educating yourself on credit limits, interest rates and repayment options will pay off in the long run.

Corporate Credit Card or Business Credit Card?

A corporate credit card has no interest rate, but it does require either a monthly or annual fee to keep the card. It’s a good idea to find a corporate charge card that offers a single bill for all the charge cards on the account, as this will save you time and expense of writing multiple checks to pay for the charges. Just be sure that the employees who have access to the cards are using them for business purposes only- and if there is any question about the honesty of your employees, you may want to get itemized listings for each card so you can track each person’s usage on a monthly basis.

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