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Thursday, August 25, 2011

Make Social Media More Rewarding - CreditDonkey Identifies Best Business Credit Cards for Social Media Advertisers

Credit card comparison website picks top 3 business credit cards for social media advertisers.

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Quote starthelp small business owners leverage social media for successQuote end

Los Angeles, CA (PRWEB) August 25, 2011

Today, CreditDonkey released a list of the Best Business Credit Cards for Social Media Advertisers, aiming to help small business owners leverage social media for success.

Credit cards have always been a valuable tool for marketers, creating an easy way to fund and track the dollars spent on a variety of advertising. And now with the growing social media, an increasing amount of money is being fueled into internet advertisements.

American Express has picked up on marketer’s need and has introduced one of the most rewarding cards for advertisers to date—the NEW Business Gold Rewards Card from American Express. When advertisers see the benefits of the newest card in the American Express business suite, they may be willing to overlook the annual fees that often create a deterrent, especially for small start-ups.

“Many small businesses make the mistake of letting an annual fee create a barrier to a card that is likely the best fit for their needs,” said Charles Tran, founder of CreditDonkey. “Thankfully, many companies like American Express are now waiving the annual fee for the first year to help provide companies an opportunity to experience the card so they can weigh the costs and benefits.”

Tran is convinced that the benefits will far outweigh the costs; as the American Express Business Gold offers social media advertisers the following perks:

  • 2x points on advertising, gas and shipping; essentially, Social Media Advertisers and other marketers are getting rewarded for utilizing their credit card for their typical business expenses
  • Cardholders also receive 3x points on airfare purchases
  • For a limited time, cardholders will earn 50,000 Membership Rewards Bonus Points for spending $10,000 in the first 5 months of membership
  • Members also receive the 24/7 support that American Express is known for, providing assistance for travel emergencies, identity theft and other mishaps that are always creating roadblocks for marketers
  • No annual fee for the first year, a savings of $175

Other cards that are likely to win over social media advertisers include The Plum Card by American Express and Ink Bold Business by Chase.

  • American Express Plum Card – Social Media Advertisers who use this card for all of their expenses will gain a 1.5% discount on their purchases when they pay in full within 10 days of each purchase; this creates an automatic discount on their advertising expenses, freeing up funds for additional ads - No introductory annual fee for the first year - a savings of $185
  • Chase Ink Bold – Marketers have the opportunity to earn even more rewards with their Ink Bold card - up to 47,500 Bonus Points every year: 7,500 when you spend $25,000 within the year, 15,000 more when you spend another $25,000, and 25,000 more when you spend another $50,000 - No annual fee for the first year - a savings of $95

Small business owners can visit CreditDonkey to compare business credit cards. CreditDonkey is a credit card comparison site that publishes credit card research, informed opinions and related news/trends that empower entrepreneurs to make informed credit decisions.

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