In the corporate world, many staff look forward to fringe benefits that come with company advancement. Getting a company credit card is certainly one of those, though the visions of extravagant dinners and box seats to the game are often unrealistic. Still, its nice to have the authority to make purchases freely if they are going to benefit the business.
One of the many perks of owning your own company is getting to do this from Day 1! Since I setup the business checking account last week, I decided to pull the trigger on a business credit card this week. If you are new to credit cards, there is a ton to learn about rewards and maximizing your value. In fact, I used to write part time for a travel blog site on how to travel cheaply using credit card rewards. You can check out some of my articles here at Million Mile Secrets. I prefer cards that earn miles/points that can be transferred to a variety of hotel and airline companies. Two great examples are AMEX Membership Rewards and Chase Ultimate Rewards points, both of which can be transferred to dozens of partner companies. These points are almost always more valuable than using a cash back credit card AND they offer flexibility over getting a brand-specific credit card (e.g. a Marriott card). For my first card, I went with the Chase Ink Business Unlimited Card. The card earns unlimited 1.5X points back on purchases, and since I have a Chase Sapphire Reserve personal card, I can convert the points from the Ink card to Ultimate Rewards points and transfer them to any of the Chase travel partners. I am a huge fan of using miles and points to take incredible vacations, so I'm excited to earn more rewards on my business expenses. Have you taken any great trips using miles and points? Please comment and let me know! Resources Used Today:
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