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Video Summary:
In this YouTube video, I discuss the difference between fleet gas cards and regular gas cards and help viewers determine which one is best for their driving jobs. Fleet gas cards are popular because they usually don't require a personal guarantee or a hard credit pull, and they can help build up a business credit file. However, they often have restrictions and extra fees attached. On the other hand, regular gas cards with the Visa or MasterCard logo offer more flexibility and can be used for things like maintenance, supplies, and even food. To build up a business credit file, it's important to have a bank that reports to the business credit bureau, such as Amex, Chase Bank, Citibank, or Capital One. These banks report to multiple credit bureaus and can help improve business credit ratings. I also mention the Coastal Pay fleet card, which is a Visa fleet card that may be worth considering. Overall, it's important to weigh the benefits and limitations of each type of card and choose the one that aligns with your specific needs and goals for building business credit. If you have further questions about business credit or personal credit funding, you can schedule a one-on-one consultation through the link in the video description.
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DISCLAIMER:
The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice or financial advice. You should not rely upon any information contained on this YouTube channel for financial advice. Viewing this YouTube channel is not intended to and shall not create an client relationship between you and Houston Mcmiller or Business Credit America, Inc, or any of our associated websites. Messages or other forms of communication that you transmit to this YouTube channel will not create an client relationship and thus information contained in such communications may not be protected as privileged. Neither Houston Mcmiller nor Business Credit America, Inc, or any of our associated websites makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites. This YouTube channel is provided ""as is,"" does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.
Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, may be compensated for the links we share with the public audience.
*QUICK DISCLAIMER: I AM NOT A TAX EXPERT. I AM A RANDOM GUY ON YOUTUBE MAKING VIDEOS IN A SPARE BEDROOM. DON’T LISTEN TO ME. CONSULT A QUALIFIED PROFESSIONAL FOR ANY TAX ADVICE.*"
