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Why a Business Credit Card Is Important

A business credit card can make a big difference.

It can support your business’s credibility and growth, help to better track expenses, improve day-to-day operations, and provide rewards. If you don’t have a credit card for your business yet, check out these four reasons on why we think every business owner should invest in one.
 
Get established. Using a business credit card is one of the quickest and easiest ways to build good credit — and now’s the time to start. Don’t wait until growing your business requires a loan, mortgage, or line of credit. Lenders like to see that your business has already established good credit when considering these lending options. They will look to the three major business credit reporting bureaus (Dun & Bradstreet, Equifax, and Experian) for your business credit score.
 
Handle minor expenses easily. A business credit card gives you immediate access to additional funds, but with great convenience also comes great responsibility. Remember to use your card responsibly, just as you would with your personal credit card, and monitor employee use of your credit card.
 
Draw the line. A business credit card is an effective way to keep your personal and business finances separate, and it eliminates the tedious task of untangling expenses for accounting purposes. Plus, a card offered specifically for business supplies relevant, useful reporting. Establishing separate business credit also provides you with funds beyond your personal credit. There’s no need to support both personal and business expenses from one credit card.
 
Get rewarded. If you’re not part of a rewards program, you’re leaving money on the table. Business operations can incur large expenses, which means a business credit card could give you access to rewards that are specifically tailored to common business expenses, such as office supplies, travel, dining, etc.
 
Clearview Business Platinum Mastercard® holders are offered:
  • No annual fee
  • Travel accident insurance up to $1,000,000
  • Discounts on Intuit QuickBooks® Online and TurboTax®
  • Mastercard Global Service — Rely on 24-hour assistance (toll-free from more than 80 countries) with lost or stolen card reporting, emergency card replacement, and emergency cash advances
  • Mastercard Mobile Receipt Management — Store, categorize, and annotate photos of receipts in the cloud; this data can be exported, and reports provide a “clear view” into your business spending
  • Mastercard Airport Concierge
  • And more!
Are you ready to get started with a business credit card? Call us at 412-507-5174 and one of our business specialists will be happy to help you.
 

* See Guide to Benefits for complete Mastercard benefit details.
 
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