Originally Posted by biggestbopper
There are two big differences between business and consumer cards.
1. Consumer card holders are protected by the Federal Truth in Lending Act credit card rights provisions (and equivalent state laws). Business cards holders give up those legal rights--such as stop payment rights and mandatory investigation and resolution of billing error and fraudulent charges.
2. Merchants pay more in interchange and other fees when you use a business card. That's why the banks push business cards so hard.
It must be nice to be a monopoly...
I see no reason of any sort for me to chose a business card over a consumer one, and still wonder what advantages there might be for others besides real business uses, as with multiple card holders and more accounting requirements.