Forums: Discussions for entrepreneurs and small business.

I recently started an LLC and applied for a business credit card through Capital One.  Is it a good Idea to open a seperate business checking account?  Would it have been a better idea to open a checking account from the start and utilize a debit card linked to the checking account?

-------------------------

Be cautioous about using your Capital One CC. I had a bad experience iwht them in the past. THey can quite predatorial.

 

Having said that, if you are building your credit they are a good alternative. 

 

About your checking account, I imagine that you will need a checking account for your business. For example, if you open a paypal account, you will need a bank account that you can link, to receive and make online payments.

How are you making online payments right now?

-------------------------

If you are researching the net branch or are looking into opening your own mortgage net branch, we have an alternative to net branch opportunities. Ask us about mortgage branch opportunities, we love to talk and write about this.