Top 4 Reasons to get a Business Credit Card

Running a business can be difficult. From managing employees to building a client base to navigating taxes, there’s a lot to do. Plus, since you have to spend money to make money, you also have to manage your business’s spending. A Texas Bay Business Platinum Rewards credit card can help take the weight off your shoulders and simplify your spending. Here are our top 4 reasons to apply for a business credit card today.

1. Keep Personal and Business Finances Separate

A business credit card makes it easy to keep business and personal spending separate. Your business’s name is on your card and your statements. You won’t have to comb through your personal credit card statement to find your business expenses, and you won’t need to calculate how much to pay yourself back for business needs. During tax season, you’ll save time and money by knowing exactly how much your business spent.

2. Manage Employee Spending

Now, if one of your employees needs to make a purchase for your business, you don’t have to go through the process of expense reports. Instead, they can pay with the business’s card. All employee purchases will go through one easy-to-manage channel. You can also set spending limits for each of your card’s authorized users. Is your secretary only purchasing small items here and there? Set the credit limit to 25%. Does your assistant manager handle most of your inventory? Set the limit to 75%.

3. Business Exclusive Perks

With a business credit card, you get exclusive perks and features you can’t get on a personal credit card. Get discounts on the tools you need to run your business, such as Microsoft 365, Turbo Tax, and Salesforce Essentials with Mastercard Digital Merchant Offers. Protect your rental vehicles with MasterRental Insurance. Save more and earn cashback on the things your business needs with the Mastercard Easy Savings® Program.

4. Earn Rewards

With Texas Bay’s credit card rewards, you earn 1 point for every $2 spent. You can then redeem points for cash back, gift cards, merchandise, and more.

Are you ready to take your business to the next level with a Texas Bay Business Platinum Rewards card? Apply in person at any of our 9 branches. On a tight schedule? Schedule an appointment. Need to stay at the office? Contact us so you can get started from wherever you are!