Types of Credit Cards
What is a business credit card?
A credit card used by a small business owner or his employees for business purposes, with the name of the business clearly displayed on the card, is a business credit card. In this way, a business credit card is linked to the actual business entity. A business credit card is meant for small businesses, and is not the same as a corporate card. American Express is probably the most common business credit card available, but there are plenty of others. When you start or own a business, you will get many offers for business credit cards. Use our comparison tool for business credit cards to find the best credit card for you and your business needs.
Be sure to read each credit card’s fine print carefully as they vary greatly in their rewards and other programs. Business credit cards often have more flexible credit limits than personal credit cards. This can be a very useful feature when you are starting a business or dealing with a difficult cash flow period. Another common feature of a business credit card is expense reporting for accounting. Make sure that any card you consider has a good monthly or yearly accounting system so that you can track your business expenses for your business accounting and taxes.
See also:
What kinds of benefits does a credit card have?
What is a cash back credit card?
Compare business credit cards
Last update: 2006-09-25 18:30
Author: BKO
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