Small Business Charge Cards
What is a business charge card.
Small business charge cards. A credit card is a revolving line of credit. No additional cardholder fees. American express is the only major credit card issuer that offers business charge cards. While small businesses can make great use of both types of cards charge cards come with a unique set of risks and rewards.
The approval of your application depends on your financial circumstances and borrowing history so do the terms you may be offered. To apply for an american express small business credit card or charge card you need to be authorized by your company to make financial decisions on its behalf. Business charge cards are credit cards that require the balance to be paid in full every month and are only for small business owners with excellent credit. Best business charge cards for small business.
And you ll enjoy insurance cover for things like large purchases and cardholder misuse. We re happy to help you find the small business credit card or charge card that s right for you. Business charge cards let you make purchases without debiting the money directly from your business bank account. When deciding which charge card is best for you it s important to consider the overall rewards additional card features and if it offers payment flexibility.
42 in total per account. They also come with great perks like travel rewards or cash back and fraud protection. However you must pay off your charge card in full at the end of your repayment period. It can help keep you in control of all your expenses.