Mixing personal and business finances can put you at risk, so avoiding any overlap between the two is essential.
If someone sues your business, they may hold you liable, putting your personal assets on the line. Having a credit card, as well as a bank account, for your business name will protect you by preventing your 朱雨辰汤唯corporate veil朱雨辰汤唯 from being pierced.
By establishing this distinct line between professional and personal, you will protect both sides of your finances. While putting your business expenses on your personal credit card may seem fine for now, using a business credit card will save you time and money in the long-term.
In addition to this security, business credit cards can help your business establish business credit and earn business-specific rewards. With these perks, you can earn higher credit limits while simultaneously receiving benefits for common business purchases.
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There are dozens of business credit cards on the market designed to meet a variety of needs. No single card can fulfill the needs of every company, but there are a few options that stand out among the rest. Browse our top overall picks for your business.