What are the benefits of business cards?

Woman pays with a credit card at a business lunch.Image: Woman pays with a credit card at a business lunch.
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Business credit cards are similar to regular credit cards but have one key difference: They are designed for business use only.

A regular credit card is typically considered for personal use, whereas a business credit card is specifically for activities related to business.


How can you use a business credit card?

The key is to have a plan on how you will use the credit card for your business expenses. According to the U.S. Small Business Administration, some acceptable uses of a business credit card include paying for gas in a company car, taking clients out to lunch and buying office supplies, to name a few.

If you’re a business owner, you can apply for a business credit card. Even if you’re working as a sole proprietor or as a business owner with an LLC, you can likely apply for a card.

Why should you get a business card?

You might think that getting a business credit card is just another thing to add to your already-substantial to-do list. If your current system is working, why change it, right? But getting a business credit card can actually streamline your finances and make things easier.

Here are the top reasons you should get a business credit card:

1. Separate business from personal expenses.

2. Access to a short-term loan.

3. Get perks and rewards.

4. Build your business credit.


Next steps

Before applying, carefully consider what you really want out of a business credit card and how it can help serve you and your goals. Read the terms and conditions and evaluate a few offers before deciding on one.


About the author: Melanie Lockert is a freelance writer and editor currently living in Portland, Oregon. She is passionate about education, financial literacy and empowering people to take control of their finances. Her work has been f… Read more.