Best bank cards for offshore companies

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providenceventurer said:
I am looking to find out best bank cards for an offshore company.
Kindly comment and share your knowledge for the same.
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US PayPal Credit Card. Requires US SSN and EIN, 2% on all spend. Has been discontinued and transferred to Servicing Solutions, LLC, but still works for those that have it.
US PayPal Debit Card. Requires US EIN, 1% on all spend. No credit score required.
US Chase ink Business Preferred. YMMV probably needs more than just EIN and SSN. 3% on shipping, ads, internet, cable, phone and some travel. But you can apply multile times, getting the welcome bonus every couple of months.

An alternative would be to use personal cards to spend the money and then pay back from your corporate account as discussed here:
[COLOR=#ea80fc] D [/COLOR]

Post in thread 'Business expenses on your company or personal credit card?'

Jun 9, 2024
thomasparra said:
Company card is more straightforward as easier to deduct expenses (the accountant will deduct all charges from the statement) compared to your personal credit card.

I get about 3.5 to 5% cashback/rewards with my personal credit card which adds up over the years when I fly and book hotels around. I also get great travel and car insurance through it, which would not work if I use the company card. Downside is that I need to reconcile all these expenses by hand and issue a director/employee reimbursement form.

I was wondering if you guys preferred to use your personal credit card vs...
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Last edited: Jan 28, 2025
 
providenceventurer said:
I am looking to find out best bank cards for an offshore company.
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Firstly where is offshore company based?

Secondly what type of bank card i.e debit card or credit card etc?

Basically your question you posted is too generic and lacks detail of what you actually want.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Martin Everson said:
Firstly where is offshore company based?
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Seychelles IBC or any other banana republic.

Martin Everson said:
Secondly what type of bank card i.e debit card or credit card etc?
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I think both are good.

Martin Everson said:
Basically your question you posted is too generic and lacks detail of what you actually want.
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Cashback. Maybe other perks.

Last edited: Jan 28, 2025
 
@daniels27 Why are you answering a question directed at @providenceventurer? Do you know him and can he not answer for himself?

P.S I am not trying to be rude but just trying to understand what is going on here with you answering for him.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Martin Everson said:
@daniels27 Why are you answering a question directed at @providenceventurer? Do you know him and can he not answer for himself?

P.S I am not trying to be rude but just trying to understand what is going on here with you answering for him.
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Yes, he is definitely one of the cool guys around. I have been in touch with him in many ways, from amazing off-topic discussions on how to vitist Johnny Doe (deleted since then, see this) to long discussions about how to open a bank account for an off-shore company (Seychelles IBC) in Hong Kong.

As we also share the common passion of answer other people's posts, I replied for him while quoting that post. Both @providenceventurer and me try not to do this anymore with others as we have recently been made aware it can upset some users here.

Apart from that I personally would also be interested in knowing any decent offerings for business cards that are available to a broad clientele, similarly to @ilke's post for personal credit cards.

Last edited: Jan 28, 2025
 
Thanks @daniels27 ,yes i am looking for some other perks and cashback .I have a seychelles ibc and i can open a nevis trust/company ,whether we can get good cards or not with this combo i am not sure.I want total privacy for my company yet want to see what good cards are available.Everson since you are out of exile from yemen you can let know what works for these two combos .
 
Anyone has experience with them?

https://reap.global/reap-card

They seem to be pretty "open-minded" when it comes to Offshore Companies

(settlements via FIAT or Crypto)

or THEM

https://www.onesafe.io/ (also appear to be available "worldwide")

Please note I have no experience with any of those but read those names somewhere recently and therefore curious to learn some more about them.
 
apres777 said:
Anyone has experience with them?

https://reap.global/reap-card

They seem to be pretty "open-minded" when it comes to Offshore Companies

(settlements via FIAT or Crypto)

or THEM

https://www.onesafe.io/ (also appear to be available "worldwide")

Please note I have no experience with any of those but read those names somewhere recently and therefore curious to learn some more about them.
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Both look good on the face of it but will wait for reviews from anyone who actually onboarded.
BTW ( maybe off topic)I was planning on a wirex card based on a phillipines id on a personal level.The Dubai emirates id wasnt enough to claim a wirex card but i saw that its possible with phillipines id.If anyone has wirex or any other similar offerings that are useful they may share even for personal card accounts .
 
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