A business credit card is a credit card offered by banks to businesses so they can make company expenditures and track and manage those expenses.
Can individual customers get a business card?
Individual customers cannot get a business card. To be issued a business card, the applicant must be a sole proprietorship, a foundation/association, or a corporate company.
What are the advantages of a business card?
- It separates personal expenses from business expenses.
- It provides payment convenience by allowing purchases to be paid in installments.
- It helps maintain the company's cash flow and income-expense balance.
- It increases efficiency in cash management.
- It earns points on spending made at partner merchants.
- An automatic bill payment instruction can be set up. This ensures that electricity, water, mobile phone, business phone, internet, and natural gas bills issued in the company's name are paid and tracked regularly.
- It provides a competitive advantage by reducing expenses.
What is the maximum number of installments I can make with commercial cards?
For goods and service purchases and cash withdrawals made with corporate credit cards - including periods in which the debt is paid in installments for a certain fee after the purchase of goods or services, or the payment is deferred - the maximum number of installments is 9.
