Business credit card

Business credit cards

Having achieved success, I want to demonstrate their status, which should manifest itself in everything. For wealthy clients, CEOs and top managers of the largest Russian banks have developed a whole range of payment cards premium level that can not only emphasize the privileged position of its owner, but also provide tremendous opportunities worldwide.

Thus, the cards Premium-Class provides a higher or unlimited credit limit, low interest rate, longer grace period, a free service under certain conditions, Cash Back for purchases in Russia and abroad, the interest on a positive balance in the account, the issuance of additional cards for family members.

Prestigious credit cards are different original design (many of them inlaid with precious stones) and allow to make payment in a contactless manner. In addition, the owner of a premium credit card may attend business lounges largest airports, enjoys exclusive discounts and privileges bank partners and payment systems throughout the world, is connected to the travel insurance program and received assistance in emergency situations abroad.

Do not abuse the business credit card

The US Small Business Administration says that half of new businesses after the first five years of existence declare bankruptcy. The main reason for bankruptcy is an underestimation of the capital requirements.

For new entrepreneurs business credit card offers provide access to finance in challenging times and beyond. Resist the temptation to overuse of credit cards business to meet cash shortages. Even the most competitive business credit cards carry a high interest rate after the introductory period. Interest costs can rise very quickly.

Provide low yield payable on the map, even if the business is entitled to more.

Use each credit card business function.

Corporate credit cards have certain advantages in addition to the cash flows. Use all the tools that will help your business. Make the most of travel reward points for business travel, lowering costs or incentives for employees. Enjoy all the cash management tools that are offered.

Monitoring of staff using business credit cards

Each business credit card allows the owner to control the cost of almost all employees. Set limits of staff, monitoring the use of the card by employees and eliminate problems before they occur.

Similarly, you need to carry out monthly monitoring of all types of business credit cards.