What Are the Different Types of Business Credit Cards?

There are many different business credit cards, each with its benefits and drawbacks. The most important thing to consider when choosing a business credit card is what type of business you have and what your spending patterns are. Keep reading to learn about the different types of business credit cards and which one might be right for you.

What is a business credit card?

A business credit card is a credit card designed specifically for businesses. It typically offers a higher credit limit and a wider range of features than a regular credit card. Some of the components commonly shown on business credit cards include a higher credit limit, rewards for spending, a range of purchase protection and insurance features, and various billing options.

Business credit cards can be a great way for businesses to manage their expenses and keep track of their spending. They can also help companies build their credit history and improve their credit score. There are various types of business credit cards on the market, and the best credit cards for your business will depend on your specific needs. Some of the most popular business credit cards are charge cards, corporate cards, and small business cards.

What are charge cards?

A charge card is a type of credit card that does not allow the user to carry a balance. Instead, the user must pay the full amount of the purchase (or balance) at the end of each month. Charge cards usually have a higher annual percentage rate (APR) than traditional credit cards and may also have a higher annual fee. However, they also offer some benefits that traditional credit cards don’t, such as higher credit limits and no interest charges on purchases made within a certain time frame, usually the first few months after the card is opened. Charge cards are best used by people who always pay their balances in full and can afford to do so.

What are corporate cards?

There are a few different corporate cards, but they all have one common purpose: to provide easy and convenient access to company funds for employees. One type of corporate card is a Purchasing Card, a credit card that lets employees buy goods and services for the company. Purchasing Cards can be used for everyday expenses like office supplies or larger purchases like computers or equipment. Another type of corporate card is a Travel Card, which lets employees book and pay for travel expenses, like airfare or hotel rooms, with the company’s money. This makes it easy for employees to get reimbursed for their travel costs.

Another common type of corporate card is a Corporate Debit Card. A Corporate Debit Card is a debit card linked to the company’s bank account. This card type is perfect for businesses that want to keep track of their expenses and ensure they’re staying within their budget. Employees can use a Corporate Debit Card to pay for anything they would with a regular debit card, like groceries or gas.

What are small business cards?

Small business credit cards can be a great way for small businesses to establish and build credit. They can also give businesses great benefits, such as rewards, cash back, and bonus miles. When choosing a small business credit card, it is important to consider the fees and interest rates associated with the card and the rewards and benefits. It is also essential to ensure that a reputable company offers credit cards. Some of the best small business credit cards include the Chase Ink Business Preferred card, the American Express Business Gold card, and the Capital One Spark Miles for Business card. These cards offer great rewards and benefits, and they come from reputable companies.


There are many types of business credit cards, each with its benefits and drawbacks. Overall, business credit cards can be a great way to improve your business’ credit score and access special perks and rewards.