Business credit cards are commonly used by business owners of all types, from small businesses to  large corporations. Many people know about business credit cards, but are not quite sure what benefits they offer in comparison to conventional cards. A lot of the features that make business credit cards so appealing can also be found in a traditional credit card, however there are some additional advantages as well. The following information outlines some of the overlooked benefits that business credit cards have to offer.

Low Interest Rates and High Credit Limits

Business credit cards are perhaps most advantageous for small businesses that are struggling with routine expenses and other monetary burdens.

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Co-signatory credit cards are credit cards that are offered by credit card providers so that people with a poor or incomplete credit score can get a credit card without the need to go to a specialist low credit score credit card provider who will charge higher interest rates and have very low credit limits.

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As customized credit cards continue to grow in popularity they have been something that we have seen more of lately. While for the most part they have been geared more to the consumers, now things are changing as businesses are given the opportunity to extend their brand via plastic. One of the newest options business owners have to design their company’s credit card is thanks to a recently introduced partnership between U.S. Bank and Vistaprint.

Under this partnership, customers of Vistaprint are now able to design and personalize their very own business credit card online. Not only that, the card also gives its cardholders the ability to earn rewards on purchases and discounts on eligible purchases. Wh

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Public servants have been banned from charging expenses on to government credit cards after one minister was found to have adopted some wild spending habits at the taxpayer’s expense.

An advanced review of a probe into his expenses obtained by the Daily Telegraph revealed that he had paid for expensive meals, posh home furniture and even private helicopter flights using credit cards handed out for emergency expenses.

The minister had tried to cover his tracks by ordering lower-level staff to pay to pick up the tab on his spending splurges using their government credit cards, the report also found.

“Ministerial and parliamentary services should be requested to review the practice of agencies issuing DLOs with credit cards, with a view to ceasing the practice,” the probe concluded.

However, it advised against taking further action against Mr Macdonald for his credit card spending spree.

Earlier this month, figures from the Reserve Bank of Australia showed that, rather than splashing out excessively on cheap credit cards in the December rush before Christmas, ordinary Aussies made record repayments on their credit cards.

Online comparison site Mozo can reveal that many zero per cent credit cards are imposing hefty repayment rates for those who fail to pay off balance transfers in the introductory period.

Exclusive research from Mozo has shown that while credit card heavyweights including NAB, Commonwealth and Westpac are offering attractive balance transfers on their credit card deals, many are hitting people with a sneaky balance transfer revert rate as high as 19.99 per cent.

Rohan Gamble, managing director of Mozo.com.au, commented: “Credit card balance transfer offers carry a huge sting in the tail for the unwary.

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