Originally Posted by
sbm12
There is also the Business Platinum charge card - the one with the OPEN logo on the back - which absolutely has an annual fee.
I'm 99.9% certain that my accountant treated it as such on my tax returns. That cuts the annual fee a bit, but it is still a decent chunk of change.
The Business Platinum I have is the SimplyCash cashback OPEN credit card. The card does not consist of an annual fee and does not receive the additional benefits of the traditional Platinum Charge card.
I am thinking of switching my personal to a business card through a holding company I own. Asking accountant beforehand though to see if it makes sense.