Any one familiar with the Citi bank business credit card??
Question:
Answer:
According to their website, Citi has EIGHT small business credit cards currently. If you go to their site ( http://www.citicards.com/ ), just "Small Business Owner or Professional" and then "view cards". Each card has a link to its terms and conditions. You should ALWAYS read the terms and conditions when considering a card.
More generally, though, if it is marketed a CREDIT card, balances do not have to be paid in full monthly. In fact, some American Express cards are now actual credit cards.
Citi Bank Business cards are credit cards. As such they would welcome you to not pay it off each month. That's how they make their money.
I have one and use it for everything. I am also tied into the airline points.
I pay it off every month so there no interest charges and the return to me on airlines is a bit over 1%.
Doesn't sound like much, but it adds up quickly.
I don't think you have to pay in full, they are just like regular credit cards.
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