What is a Business Credit Card?

  • Finance

A business credit card is a financial tool designed specifically for companies and self-employed individuals to manage expenses. It works like a personal credit card but is intended for business-related purchases, helping to separate personal and professional finances. These cards often come with benefits such as expense tracking, higher credit limits, and rewards tailored to business needs. Responsible use can help build a company’s credit profile, making it easier to secure loans or financing in the future while also improving cash flow management.

R&D Offer Quiz

Step 1 of 3

Answer to find out if you're eligible for R&D tax credits.

Do the activities performed relate to a new or improved business component’s function, performance, reliability, quality, or composition?(Required)
For Example: A mid-sized packaging company develops a slightly modified cardboard box design to improve its stacking strength (reliability) for warehouse storage, involving minor adjustments to the corrugation pattern to reduce collapse under standard weight loads.
Is your company trying to discover information to eliminate uncertainty concerning the capability or method for developing or improving a business component?(Required)
For Example: A furniture manufacturer investigates whether a cheaper wood adhesive can hold joints as effectively as the current one during assembly, testing bond strength to resolve doubts about its capability in standard production lines.
Do the activities performed constitute a process of experimentation?(Required)
For Example: An auto parts supplier runs a series of bench tests on different lubricant formulations to find one that reduces friction in engine bearings more effectively, systematically comparing wear rates over simulated operating cycles.