3 benefits of using a business credit card

Business credit cards are great for small to large businesses because they give both business owners and employees several advantages when it comes to paying for day-to-day company expenses.

Here are the 3 main benefits of using business credit cards:

1. Track every expense: Managing a business involves tracking each expense and recording it for bookkeeping. Using a business credit card allows you to streamline your expenses and monitor them properly, ensuring that you are spending within your assigned budget.
2. Protections in case of misuse: You can issue business credit cards for your employees and also not have to worry about any unauthorized use. Most credit card companies cover you in case any of your employees make unauthorized purchases on the account (usually up to a certain amount per year).
3. Not tied to personal credit scores: Unlike personal credit cards, business credit cards are not tied to personal credit. A business credit card will be tied to your business, meaning it won’t affect your credit score if you miss any payments.