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A credit card statement credit is a payment made by a business and posted to your credit card account. Such payment shows up on your monthly credit card statement as a credit, which reduces your account balance. You may receive statement credit for purchase refund, credit card bonus, or redemption of credit card rewards points or miles. Are statement credits better than other forms of cash back? Are statement credits taxable? What credit cards are offering statement credits for bonus or rewards? Continue reading to find the answers.


Learn what the credit card minimum payment is, avoid pitfalls of late fees and penalty, and find out how to minimize interest with right credit cards.


Costco is a warehouse for family and small business to make purchases in bulk. If you like to use Costco for many of your business purchases, Costco Anywhere Visa Business Card is great credit card. Although it does not offer a sign-up bonus, it offers business owners up to 4% cash back on gas purchases, 3% cash back on restaurants and travel purchases, and 2% cash back on all other purchases from Costco. In addition, the Costco Anywhere Visa Business Card has no annual fee with paid Costco membership and has no foreign transaction fees.


Cash back credit cards let you earn cash rewards on everyday purchases at supermarkets, gas stations, restaurants, and department stores. Many cash back credit cards also offer a generous welcome bonus. Below you'll find the best cash back credit cards for consumers and small businesses.


Sutton Bank is a privately held community bank with over 140 years of history headquartered in Attica, Ohio. Sutton Bank has consistently been named one of the top small business and agricultural lenders in the State of Ohio. It operates eight full-service branch offices. Sutton Bank offers Upgrade Card with a personal credit line of up to $50,000. The Upgrade Card has no annual fees. You can use it wherever Visa is accepted.

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Do you know that you only need to spend $1000 on a new credit card to get a bonus of $150? Yes, a few credit cards actually offer new card members a rich bonus of $150 after a minimal $1000 is spent on purchases within the first 3 months. This is a whopping 15% cash back on the first $1000 charged to your credit card. In addition, many of these credit cards also offer cash back on purchases, 0% introductory APR, and have no annual fee.


Axos Bank is a technology-driven financial services company providing a diverse range of innovative banking products and services for personal, business, and institutional clients nationwide. Axos Bank brings together human insight and digital expertise to anticipate and meet customers' needs. With a broad and ever-growing range of financial products and services, including checking, savings, CDs, money market, lending, and retirement, Axos specializes in convenience and customization.


Priority Pass is a leading airport lounge access program since 1992, providing travelers with access to airport VIP lounges around the world, regardless of the class of travel or airline flown. With over 1,200 airport lounges worldwide, Priority Pass offers access to the largest network of airport lounges in the world. If you are a cardholder of Mastercard Gold Card or Mastercard Black Card, you will automatically receive a complimentary Priority Pass Select membership, which allows you and your travel companions to enjoy unlimited visits to participating Priority Pass airport lounges.


Store credit cards are offered by retailers and they can only be used for purchases at a single store or group of stores. Unlike open-loop credit cards, or co-branded cards, which can be used anywhere within a card's network, such as Visa or Mastercard, store credit cards are known as closed-loop cards. Store credit cards may save you money because they usually offer enticing discounts on either in-store or online purchases. Some store cards offer loyalty rewards, including cash back or points with the retailer to use towards future purchases. Store credit cards are usually easy to qualify for. If your credit is not perfect, you may get approved for a store credit card and build credit by making payments responsibly.


Horizon Card Services offers cards that give you credit line to be used at thehorizonoutlet.com. They can help you rebuild credit.