Business Credit Cards for the Self employed AARP Bulletin
Business Credit Cards for the Self-employed - AARP Bulletin
Unlike regular plastic, these cards, also marketed for "professional" or "corporate" use, may be subject to "anytime" changes in terms: unrestricted increases in penalty fees, perhaps, or sudden interest rate hikes for any violation of terms — even on existing balances. In a recent survey, the Pew Charitable Trusts found that people 65 and older get a higher proportion of offers for these cards than any other age group. Also of interest:
Sid Kirchheimer writes about consumer and health issues.
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Are Business Credit Cards Worth It
A huge drawback They' re not covered by key protections of the Credit CARD Act
Q. I'm self-employed and have been receiving lots of solicitations for "business" credit cards. Are they a better choice than regular cards for people like me? A. These cards are touted as having generous rewards and enhanced transaction reporting to help you monitor spending. But they come with a huge drawback: They're not covered by of 2009. See also:Related
Pew Charitable Trusts on credit cards; AARP on markets. Send your questions to: Ask the Experts, AARP Bulletin, 601 E St. NW, Washington, DC 20049, or email [email protected]. Check out bulletin.aarp.org for previously asked questions and answers.
Unlike regular plastic, these cards, also marketed for "professional" or "corporate" use, may be subject to "anytime" changes in terms: unrestricted increases in penalty fees, perhaps, or sudden interest rate hikes for any violation of terms — even on existing balances. In a recent survey, the Pew Charitable Trusts found that people 65 and older get a higher proportion of offers for these cards than any other age group. Also of interest:
Sid Kirchheimer writes about consumer and health issues.
Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures