Over the past few years, a number of banks have started offering impressive Reward Points bonuses on their credit cards. These points can be used as a form of online currency to cover various expenses. American Express Canada offers welcome bonuses on their trio of business credit cards: The Business Platinum Card, the Business Gold Card, and the Business Edge Card. The rewards are as high as 100,000 points, which can be used to cover a variety of expenses. Wondering how you can avail these ‘magical’ points? Read the full article to find out!
Are you eligible for a business credit card?
Before we get into the various reasons why you should apply for a business credit card, you must be curious to know whether you are eligible. Most banks are quite flexible with regards to their eligibility criteria for business credit cards. In order to qualify for a business credit card, it is important to meet all the requirements of the respective bank. If you wish to apply for Amex Canada’s Business Platinum Card, you must ensure that:
- You are a resident of Canada and have a Canadian credit file.
- You are the age of majority in the province or territory where you live. (Source)
What makes business credit cards worth the purchase?
You must be wondering: why bother getting a business credit card when you already have a personal credit card? There are countless benefits of having a separate credit card for your business expenses.
- Avail exclusive sign-up bonuses
In order to encourage people to apply for a business credit card, various banks have started offering sign-up bonuses to new customers. AMEX Canada is offering extraordinary sign-up bonuses on their trio of credit cards: The Business Platinum Card, the Business Gold Card, and the Business Edge Card.
In fact, Amex is now offering Canada’s biggest welcome bonus of 100,000 points on their Business Platinum Card! Make sure to click here to apply for the Business Platinum Card and redeem 100,000 reward points! Make sure to check out this article from The Prince of Travel to discover various benefits of credit card points.
- It is easy to distinguish between your personal and business expenses
It might seem convenient to use just one card for all of your expenses. However, in order to comply with CRA guidelines, it is extremely important to maintain a separate record of your personal and business finances (Source). In addition to that, most banks allow you to easily import your transaction history from your business credit card to online bookkeeping software like QuickBooks Online. This can make your accounting and bookkeeping process very efficient. Make sure to click here and avail QBO’s convenient cloud accounting facilities at amazing discounted prices!
- Reap the benefits of financial flexibility
Many business owners struggle with having a steady cash flow. With the help of a business credit card, they can increase their credit limit. This enables them to make expensive business purchases when they are running low on cash. Many banks also offer low-interest financing on the business credit cards. This can help you to pay off your debts without incurring any interest expenses.
- Get Business perks
The needs of business owners are different from a regular consumer. For this reason, banks offer various business perks on their business credit cards. These perks include simplified expense management and much more! You can also obtain free employee cards in some cases, which enables you to earn bonus points even faster.
Looking to redeem 100,000 Credit Card Points?
You might think you don’t need a separate business credit card right now. However, Amex Canada’s extraordinary sign-up bonus is too good to turn down! You can earn 100,000 welcome points by applying for their Business Platinum Card. These points can be used to enhance your travel experience, avail discounts, improve your expense management, obtain additional credit, and much more. So what are you waiting for? Use this link to earn 100,000 points by applying for Amex Canada’s Business Platinum Card!
