FlyerTalk Forums - View Single Post - Applying for Business Credit Cards [Consolidated]
Old Jan 7, 12, 12:47 am
  #67  
steveme
 
Join Date: Dec 2004
Location: Los Angeles
Programs: UA/CO 1P, AA Plat
Posts: 370
There is a big difference between a biz card and a personal card. A biz card doesn't show on your personal credit report. This could mean the difference in getting a loan or lowering your credit score by using up all of your available credit.

Also with a cash back card, you are responsible for paying taxes on the money earned. With a rewards card, you are not responsible for paying taxes on the rewards such as miles or points. That could be a biggie for some.
steveme is offline