Benefits of Having a Business Credit Card for Your Online Business

Many numbers of people have benefitted from having a business credit card. The biggest example of them all is probably Larry Page & Sergey Brin, the founders of Google. There are many benefits of having a business credit card. Some of them are mentioned below.

• The biggest benefit of having a business credit card is that it builds a positive credit history for your business. So whenever you go to a financial institution for loans you can use that credit history to secure a loan for your business.
• Business card holders get better perks & discounts from the card companies. They get special discounts on things like gym membership, cell phone plans, office supplies & equipments, car rentals, air fares etc.
• Having a business credit card adds an air of legitimacy of your business. Having a business credit card will convince your customers that your business is a legitimate one.
• Business credit cards offer higher spending limits than standard credit cards.
• Business credit cards offer higher protection to the card holders than standard credit cards in terms of risk management. They provide protection in cases of lost luggage insurance, auto rental insurance, traveller’s insurance etc.
• Also having a business credit card eliminates the need for using cash & cheques.

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