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A corporate card is a credit card that lets employees make business purchases while giving companies the visibility and control they need to manage and monitor spending.
5. High-Limit Business Credit Cards. High-limit business credit cards offer credit limits starting at $50,000 and can extend well into six figures based on qualifications. They typically require ...
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%. [41]
Small-business credit cards tend to offer better rewards programs than corporate cards, and you may even be able to earn the same type of rewards you earn on your regular spending.
Ramp is a Manhattan-based multinational financial technology company that offers corporate charge cards, expense management, and bill-payment software. [2] The company is headquartered in the Flatiron District of New York City with additional offices in Miami and San Francisco.
American Express has a specialized corporate meeting credit card. [149] Another specialized American Express business card is the American Express Corporate Purchasing Card, which can be assigned to individual employees or departments. Reconciliation and accounting services are available to make these functions easier for the corporation. [150]