The Return of Small-Business Credit Cards
Lenders are courting small-business owners like you with growing numbers of new credit cards and generous rewards programs.

And it’s easy to see why. About 42% of small-business owners carry a credit-card balance, according to July 2011 data from the National Small Business Association in Washington, D.C.

If you are paying two different interest rates—one on purchases and another on a balance—the monthly payment that is above the minimum required could be applied to the balance with the lower interest rate first, according to Bill Hardekopf, chief executive at LowCards.com, which tracks credit card offers, including those aimed specifically at small-business owners.

In contrast, personal credit cards must apply the payment to the higher rate first to lessen the costs for the borrower.

Story by Anna Maria Andriotis for the Wall Street Journal