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Business Credit Card
I was wondering for a business and needing a credit card if you would have to use a business credit card or you could get a personal card?
Does anyone know the best business credit cards with 0% on purchases?
Many Thanks
Comments
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You should read the terms and conditions of the card you want, I suspect a personal card cannot be used for business expenses and obvious business use. Though if you were intending on doing some initial purchases for a startup you could probably get away with personal card for 0% purchases but longer term would need to check.
I googled your question as you seem to have not done this and barclays offer a card (Select) with 6 months interest free purchases and no annual fee in the first year as an example. I'm sure if you look you can find some.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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What legal status of business? Sole trader/self employed? Partnership? Limited Company?Indecision is the key to flexibility
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You should read the terms and conditions of the card you want, I suspect a personal card cannot be used for business expenses and obvious business use. Though if you were intending on doing some initial purchases for a startup you could probably get away with personal card for 0% purchases but longer term would need to check.
I googled your question as you seem to have not done this and barclays offer a card (Select) with 6 months interest free purchases and no annual fee in the first year as an example. I'm sure if you look you can find some.
It's perfectly legal to buy something on a personal credit card then claim it back from a company or self-employed business.Indecision is the key to flexibility0 -
It's perfectly legal to buy something on a personal credit card then claim it back from a company or self-employed business.
What has legality got to do with this?
I didn't say you couldn't spend on a personal card and claim it back? Personal expenses are not a business issue, no-one in the right mind would expect an employee to have a business card to pay for the odd trip away on company matters.
The point I made, very clearly, is that if you are using a personal card for long term business use (i.e. running your business through it) then the terms and conditions may be in breach and you would be directed to apply for a business account.
As an example from the Halifax Clarity card:
B2.1 Keeping your card safe
You must:- not use your card for anything illegal or for any business purpose;
Your account is a personal account and must not be used for business purposesSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Thank you very much for your replies
I!!!8217;m going to go down the business route.
Best Wishes
Holly0
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