2. Business credit cards can be expensive

You can see many of the business cards will provide with expense reports that are

These products can be beneficial for frequent business travelers, but some small business owners who use these cards may be incurring unnecessary expenses.

3. Primary holder holds the responsibility to for all the payments

There is a wrong conception among people that if they use a business card then the expenses are to be reimbursed by an employer or a client, but the truth is that the debt is still theirs. The worst part is that suppose your client fails to reimburse you or if your employer goes out of business, then you will be the one who will be stuck with the debt and any default from your side can severely damage your credit.

4. Rewards will be enjoyed by the primary account holder

Suppose you have been made an authorized cardholder and not the primary cardholder of a business credit card account, then any points, miles or cash back rewards that are earned by you will be credited to the primary account holder, not to the authorized cardholder. There are many employees who use their superior’s business card and due to this sometimes they feel that they are being unfairly deprived of the rewards that they could have earned had they used their own personal credit card.