What is the difference between personal credit cards and business credit cards?
I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them? Any advice appreciated… A: Business credit cards allow to control business expenses and separate them from individual expenses. Consider some thing before you choose one: 1. Be sure to comparison shop the bank cards offered by Visa and MasterCard, American Express and Discover. Check interest rates, fees and grace periods for payment. Some bank cards partner with hotel chains and restaurants to offer you additional discounts. 2. Analise how you will use the card. If you travel often to meet clients, find a card that provides the most travel benefits and frequent flier miles – those cost-savings can really add up at the end of the
