Business Credit Card

GeneralGlossary term

Definition

A card designed for business expenses with higher credit limits, employee cards, and expense tracking. Builds business credit separately from personal credit in some cases.

Related terms

Credit LimitThe maximum amount of money a lender allows you to borrow on a credit card or line of credit. Your credit limit is determined by factors such as your income, credit history, and existing debt. Spending close to or above your credit limit can hurt your credit score and may result in over-limit fees.

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