Business Credit Card Is a business credit card helpful?
Business Credit Card
Is a business credit card helpful?
'Yes' -is the answer that comes out almost immediately? That is true, at least for most businesses (especially small businesses). Before we delve deeper into how business credit cards are helpful, let's try and understand what a business credit card is.
The business credit card has few exceptions.
Put; a business credit card is a credit card owned by a company and not an individual. To understand this better, you can only draw an analogy between the business credit cards and business bank accounts, which are in the name of the firm as well. Other than that, business credit cards work in pretty much the same fashion as the personal credit cards; with a few exceptions. These exceptions are in the form of flexibility in credit limit, low APRs, and some other additional benefits that are available to business credit cards only.
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Last Update : Jul 16, 2019
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