Pick the Right Business Credit Card: Avoid Costly Mistakes!

• Align card benefits with your business's unique spending patterns, like travel, ads, or office supplies, to maximize rewards.
• Don't be swayed by flashy rewards; evaluate restrictions, redemption complexity, and fees. Simple cashback often outperforms complex points.
• Assess credit limits, payment flexibility (e.g., interest-free periods), and all fees (annual, renewal, interest) to ensure cost-effectiveness.
• Choose cards with robust expense tracking, reporting features, and reliable customer support for accounting and dispute resolution.
• Implement strict controls for employee cards and always maintain a clear separation between personal and business finances.

Why It Matters: Choose a business credit card strategically to aid cash flow, not burden your business.