Using a business credit card may be a helpful way for business owners to separate work and personal expenses, access a line of credit and earn rewards on everyday purchases. But it's important to manage these e
You'll want to explicitly define what is a business expense and what is not. Don't leave any question or doubt in the minds of your employees as to what they can use the card for. Anything outside of that list must be considered a personal expense and not eligible for company card us...
However, due to credit card fees, many businesses hesitate to use this payment option. There's no getting around fees—they're simply part of the cost of doing business. Therefore, it's essential to understand them so you can know what to expect, mitigate their negative impacts, and ...
There are potential benefits and risks to buying on credit. For example, using a credit card could help a person make a large purchase and manage their budget by paying off the expense over time. On the flip side, if not responsibly managed by a consumer the fees and interest could add ...
3. Leverage credit card rewards:Some credit cards offer benefits and rewards on dining and travel expenses such as checked bag fees. They might also extend those perks to other people you're traveling with, French said. But this isn't a last-minute move: It takes time to apply and then...
Cash advance fees First, your bank will charge you a cash advance fee every time you use a credit card at the ATM. SinceATM feesare already higher than ever, paying an additional cash advance fee on your ATM transaction is an extra expense that you should try to avoid whenever possible....
When you’re looking for a credit card to take abroad with you, consider some of the benefits it can provide. Here are a few features to look for: No foreign transaction fees:These can add up quickly if you’re being charged a percentage of the purchase every time you swipe. More on...
Are your credit card processing fees too high? Here are 8 things you can do to lower your processing fees so you keep more in your pocket. Accepting credit cards is important for the growth of any business. But, credit card processing fees can eat into a good portion of your profits. ...
According to the article, credit and debit card processing costs could account for the third highest expense in restaurants.CarrCEOBobCEOEBSCO_bspRestaurant Hospitality
But it's not always easy to know where to start when it comes to applying for a business credit card. You've probably heard that getting a business credit card is important, but you don't want to get taken advantage of by high interest rates or unfair fees. Consider this: Ink ...