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Google now offering small business credit cards

[Thursday, August 18th, 2011]

Google, one of the most prominent search engines all over the world, is now stepping into new territory. In a move to retain its popularity, the internet giant is now offering small business credit cards to a certain segment of business owners to exclusively pay for the online ads. One of the limitations of the credit card is that this card can only be used to pay for the keyword advertising program offered by this company, AdWords.

The AdWords business card is collaboration between Google and World Financial Capital Bank and the card is being issued only to a selective group of advertisers in the United States. The spokesperson for Google said that this card will enable small business owners to pay for the ads during the peak season time. They can repay the money once they reap profits from these ads. This credit card does not have any annual fees associated to it and the interest rate being offered is 8.99 percent. The company will set different limits for different customers based on many factors. The internet giant did not disclose how many cards it planned to issue in the forthcoming months.

As per the data from Bill Shrink, a company that collates data about credit cards, the interest rate being offered by the Google credit card is much lesser than many of the business cards that are being offered by banks. The only other card that comes closest to the interest rate being offered on this card is the Wells Fargo Platinum credit cards that charge an interest rate of 9.24 percent.

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New Marriott Bonvoy Bold Credit Card VS Marriott Bonvoy Boundless Credit Card
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New Apple Card Coming Soon
[April 3rd, 2019]

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